Piccadily Agro Q1 FY27 earnings call: Revenue & Margins
Q1 FY27 earnings call: what management said on revenue, margins and capex.
- Revenue
- ₹251Cr
- +17.3% YoY
- −25.1% QoQ
- Net profit
- ₹21Cr
- +16.7% YoY
- −53.3% QoQ
- Margin
- 17%
- −1 pp YoY
- −4 pp QoQ
Guidance rank: #1 of 10 in Beverages
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Piccadily Agro Q1 FY27 key numbers
- Revenue
- 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.
As stated in Piccadily Agro's Q1 FY27 earnings call transcript · published 23 Sept 2026. Reported figures, not investment advice.
The short version
The company is targeting a growth pace of 60% to 70% overall, primarily driven by the IMFL segment. 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
- 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 from Piccadily Agro's call on revenue
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Profitability & Margins
Branded alco-bev business expected to grow approximately 60% to 70% for FY27.
Locked: what Piccadily Agro said on margins
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Capital Expenditure Plans
- 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 from Piccadily Agro's call on capex
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Top-ranked in Beverages
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
The company has reduced debt by about ₹10 crores recently but plans not to increase debt this year.
Locked: what Piccadily Agro said on fundraising
Also locked on this page: margins
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Order Book & Pipeline
2 more points from Piccadily Agro's call on order book
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What the Q1 FY27 call signalled
2 of 3 strong
Piccadily Agro — Quarterly revenue & net profit
Piccadily Agro Q1 FY27 results — key figures
| ₹ Cr | Q1 FY27 | Q1 FY26 | YoY | Q4 FY26 | QoQ |
|---|---|---|---|---|---|
| Revenue | 251 | 214 | +17.3% | 335 | -25.1% |
| Operating profit (EBITDA) | 44 | 38 | +15.8% | 71 | -38% |
| Operating margin | 17% | 18% | -1 pp | 21% | -4 pp |
| Profit before tax | 28 | 25 | +12% | 63 | -55.6% |
| Net profit (PAT) | 21 | 18 | +16.7% | 45 | -53.3% |
| EPS (₹) | 2.18 | 1.94 | +12.4% | 4.53 | -51.9% |
Source: reported quarterly figures (Screener), ₹ crore.
Reported quarterly figures (₹ Cr). Latest (Q2 FY27): revenue ₹244 Cr, net profit ₹23 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Piccadily Agro's management said in earlier quarters
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Potential multibaggers · Q2 FY27
Potential multibaggers in Beverages
on management's own guidance
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
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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. 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.