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Piccadily Agro

Q1 FY27Beverages

Piccadily Agro Q1 FY27 Results & Concall Highlights: Revenue, Margins & Order Book

Q1 FY27 earnings call: what management guided on revenue, margins and order book.

Price₹615
Market cap₹5.8K Cr
P/E41.4
Updated23 Sept 2026
Read5 min read

What the Q1 FY27 call signalled

2 of 3 strong

RevenueStrong growth
MarginMargins steady
CapexCapex planned

The short version

The company is targeting a growth pace of 60% to 70% overall, primarily driven by the IMFL segment. - Whistler brand shows double-digit to higher double-digit growth, having grown almost 100% year-on-year in the last year. - Indri is expected to grow at a high double-digit rate of approximately 18% to 20% annually, with potential but ambitious targets up to 30%-40%. - Cashmir and Camikara are expected to grow rapidly, possibly triple digits, aiming to surpass combined sales of 1.5 lakh cases in the next few years. - Export sales aim to grow faster than domestic, with a target to increase export contribution from about 25% to 70% over the medium term. - The company expects the overall branded portfolio to scale from around Rs. Branded alco-bev business expected to grow approximately 60% to 70% for FY27.

From Piccadily Agro's Q1 FY27 earnings-call transcript · updated 23 Sept 2026.

Revenue & Sales Performance

Strong growth
  • The company is targeting a growth pace of 60% to 70% overall, primarily driven by the IMFL segment.
  • Whistler brand shows double-digit to higher double-digit growth, having grown almost 100% year-on-year in the last year.
  • Indri is expected to grow at a high double-digit rate of approximately 18% to 20% annually, with potential but ambitious targets up to 30%-40%.
  • Cashmir and Camikara are expected to grow rapidly, possibly triple digits, aiming to surpass combined sales of 1.5 lakh cases in the next few years.
  • Export sales aim to grow faster than domestic, with a target to increase export contribution from about 25% to 70% over the medium term.

2 more points management made on revenue & sales performance

Profitability & Margins

See what Piccadily Agro said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Capex planned
  • No large capex planned for the current year; only routine capex for facility improvements and upgrades.
  • Heavy capex already executed in prior periods.
  • Ongoing investment in barrels for maturation, with a target of over 100,000 barrels by the end of the financial year (March 2027), seen as a long-term investment.
  • Growth investments continue, including increasing distribution costs, manpower, and brand advertising.
  • Emphasis on building capacity supports growth targets, such as manufacturing about 8.5 lakh cases of Indri annually with current 30,000-liter daily capacity.

2 more points management made on capital expenditure plans

Top-ranked in Beverages

Ranked on what management guided this quarter

5x potential
1Varun Beverages
Rev 2Mar 3
Rev 2Mar 3
3
Rev 3Mar 1
4
Rev 3Mar 1
5
Rev 3Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Piccadily Agro said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The transcript from the Piccadily Agro Industries Limited Q1 2026-27 conference call does not explicitly mention current or expected orderbook or pending orders. However, relevant insights include: - The company is experiencing robust growth, with branded alco-bev segment growing 47.3% year-on-year to INR 82.3 crores. - Multiple brands (Indri, Whistler, Camikara) are contributing to growth, indicating strong demand across the portfolio. - Capacity expansions (like the Chhattisgarh plant) are underway and expected to ramp up utilization to over 90% by year-end, supporting future order fulfillment.

2 more points management made on order book & pipeline

Piccadily Agro — Quarterly revenue & net profit

Revenue Net profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹335 Cr, net profit ₹45 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

What Piccadily Agro's management said in earlier quarters

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  • India Glycols (Q1 FY27)

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  • BCL Industries (Q1 FY27)

    Supreme Court's allowance for OMCs to procure 1.49 billion liters for Q4 FY25-'26 could add incremental volume (~4.5 crore liters) for the company in next 2-3…

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

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Frequently Asked Questions

What were Piccadily Agro Q1 FY27 results?

The company is targeting a growth pace of 60% to 70% overall, primarily driven by the IMFL segment. - Whistler brand shows double-digit to higher double-digit growth, having grown almost 100% year-on-year in the last year. - Indri is expected to grow at a high double-digit rate of approximately 18% to 20% annually, with potential but ambitious targets up to 30%-40%. - Cashmir and Camikara are expected to grow rapidly, possibly triple digits, aiming to surpass combined sales of 1.5 lakh cases in the next few years. - Export sales aim to grow faster than domestic, with a target to increase export contribution from about 25% to 70% over the medium term. - The company expects the overall branded portfolio to scale from around Rs. Branded alco-bev business expected to grow approximately 60% to 70% for FY27.

What is Piccadily Agro share price analysis?

Piccadily Agro currently shows a strong growth signal based on ranking data. The stock trades at a P/E of 41.4 with a market cap of ₹5,810 Cr. Investors should review the full earnings analysis for detailed insights.

Is Piccadily Agro planning capital expenditure?

No large capex planned for the current year; only routine capex for facility improvements and upgrades.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.