Arthneeti

Allied Blenders & Distillers Q2 FY27 Share Price & Earnings Call Analysis

₹710.20+1.14% today
Market cap
₹19,865 Cr
P/E
89.05
ROE
14.29%
PEG
0.21
Price to sales
5.00
Debt to equity
0.69
52W high / low
₹749 / ₹384
Sales growth (5Y)
10.81%
EBITDA margin
13.72%
Net profit margin
5.63%
Promoter holding
80.91%
Sales (last year)
₹3,979 Cr

Incorporated in 2008, Allied Blenders and Distillers Ltd manufactures, purchase and sells Alcoholic Beverages /liquids[1]

Guidance scorecard · Q2 FY27 call

What Allied Blenders's management guided
and where it ranks in Beverages

#4of 9 in
Beverages
Revenue10–20%MarginsUp 2%+CapexPlannedFundraisingWhat management saidOrder bookWhat management said

RevenueQ1 FY27 call

10–20%
  • ABD is on a transformational growth journey for the next 3 years with an optimistic outlook.
  • Top line (revenue) is expected to grow at mid-teens percentage annually, with potential to increase to high teens.
  • Volumes expected to grow steadily, supported by ICONiQ White aiming for close to 15 million cases in FY27 (up from 10 million+ in FY26).
  • Prestige & Above segment volumes grew 10.7%, with continued premiumization focus.
  • ABD Maestro luxury segment turnover expected to double from ~₹40 crores in FY26 to FY27.
  • New product launches include deluxe vodka and premium whisky in H2 FY27, expanding white spaces.
  • Expansion in international markets beyond the current 10 countries.

2 more points from Allied Blenders's call on revenue

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Full Q1 FY27 analysis

MarginsQ1 FY27 call

Up 2%+

See what Allied Blenders said on margins — free account, 30 seconds.

Full Q1 FY27 analysis

CapexQ1 FY27 call

Planned
  • ABD's capex program focuses on improving supply security, reducing structural costs, and supporting margin expansion over the medium term.
  • Capex program is planned to be funded through internal accruals and debt while maintaining leverage within defined financial framework.
  • ABD is evaluating new vendor options and value engineering measures in the packaging supply chain amid current buyers' market conditions.
  • Overall, these strategic investments aim to improve supply security, drive cost efficiencies, and enable margin growth in the medium to long term.
Full Q1 FY27 analysis

FundraisingQ1 FY27 call

See what Allied Blenders said on fundraising — free account, 30 seconds.

Full Q1 FY27 analysis

Order bookQ1 FY27 call

Ask what Allied Blenders said on the order book →

Full Q1 FY27 analysis
Full Beverages ranking

Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.

Potential multibaggers · Q2 FY27

Potential multibaggers in Beverages
on management's own guidance

  1. Varun BeveragesGood growth
    2
  2. Strong growth
    1
  3. FratelliVineyardGood growth
    3
See all potential multibaggersWhere does Allied Blenders rank?

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Beverages companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Flat₹5,815 Cr41.4
2Varun Beverages20–40%Flat₹1.46L Cr43.0
3FratelliVineyard20–40%Flat₹537 Cr—
4Allied BlendersThis stock10–20%Up 2%+₹19,866 Cr89.0
510–20%Up 2%+₹13,672 Cr60.5
610–20%Flat₹31,771 Cr91.9

Sign up free to see every company in the sector ranking and track Allied Blenders.

Pro shows every company guiding 40%+ revenue growth →Full Beverages ranking

Financials of Allied Blenders

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Shareholder Pattern

Allied Blenders

Shareholding breakup across reporting periods.

Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters +80.91%80.91%80.91%80.91%80.91%80.91%80.91%80.91%80.91%78.95%
FIIs +3.83%2.83%2.55%2.73%2.82%2.96%3.36%3.23%3.24%4.40%
DIIs +3.52%4.14%4.01%4.03%4.73%4.56%4.61%4.82%5.07%6.65%
Public +11.73%12.11%12.53%12.33%11.53%11.58%11.12%11.03%10.77%10.01%
No. of Shareholders3,63,0491,21,2821,09,5741,09,0521,05,9101,09,7611,27,1691,19,7621,12,4201,09,234

Financials of Allied Blenders

Quarterly Results

Quarter-by-quarter operating performance

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales +8518957687588689749219239901,0031,0079791,148
Expenses +7808367086837648577858118658678388631,009
Operating Profit71596074103117136112125136169115139
OPM %8%7%8%10%12%12%15%12%13%14%17%12%12%
Other Income +1-222231475-21354
Interest43464544252728273026512928
Depreciation12141916161316161618292318
Profit before tax16-3-11664801067684891036897
Tax %29%33%70%28%26%28%26%26%25%28%63%33%29%
Net Profit +11-4-211485779566364384569
EPS in Rs0.46-0.18-0.100.401.702.052.812.022.302.381.461.762.56

Financials of Allied Blenders

Profit & Loss

Annual income statement trend

Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales +2,9962,3482,6863,1473,3283,5203,9234,137
Expenses +2,7622,1542,4882,9613,0853,0893,3803,577
Operating Profit234195197186243431542559
OPM %8%8%7%6%7%12%14%14%
Other Income +161911111212320
Interest180142146136173126135134
Depreciation6959595558617988
Profit before tax0134613266351357
Tax %-2,948%80%62%73%86%27%37%
Net Profit +133122195220216
EPS in Rs0.540.110.060.070.076.978.168.16
Dividend Payout %0%0%0%0%0%52%66%

Financials of Allied Blenders

Balance Sheet

Capital structure and asset base

Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Sep 2026
Equity Capital4747474949565656
Reserves3263283573573581,4871,6071,586
Borrowings +1,0589818637938359051,1511,394
Other Liabilities +9839529881,3011,4031,0861,3501,459
Total Liabilities2,4142,3082,2552,5002,6453,5344,1634,495
Fixed Assets +636649692575635749889875
CWIP481715141619110330
Investments022000000
Other Assets +1,7301,6201,5481,9101,9952,7653,1643,290
Total Assets2,4142,3082,2552,5002,6453,5344,1634,495

Financials of Allied Blenders

Cash Flows

Operating, investing and financing cash movement

Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +595247179230186-678362
Cash from Investing Activity +-45-5953-19-54-182-331
Cash from Financing Activity +-496-216-256-203-13292210
Net Cash Flow53-29-248-06141
Free Cash Flow548212124210141-80616
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit255%128%93%126%80%-141%94%

Financials of Allied Blenders

Ratios

Working capital efficiency and return ratios

Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days114135130111136181168
Inventory Days151196153190124196221
Days Payable172267228189204206235
Cash Conversion Cycle93645411357172154
Working Capital Days-39-52-30-18-206755
ROCE %11%11%12%16%21%18%

Guidance history

How Allied Blenders's guidance has moved, call by call

CallRevenueMarginsCapexFundraisingOrder book
Q1 FY27 call →10–20%Up 2%+Planned——
Q4 FY26 call →10–20%FlatPlannedPlanned—
Q3 FY26 call →10–20%Up 2%+Planned—Rising
Q2 FY26 call →20–40%FlatPlannedPlanned—

What management guided on each call, newest first. Not investment advice, and not a forecast of returns.

76out of 100

Momentum score · price trend

76 out of 100 — Strengthening

Over the past year its share price has done better than most of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months+9.5%68%
Last 6 months+33.5%82%
Last 3 months+9.5%79%
How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Allied Blenders: 0.4 × 68 + 0.4 × 82 + 0.2 × 79 = 76.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 29 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

Continue your research

What Allied Blenders's management said in earlier quarters

Others in Beverages this season

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    Revenue from operations for Q1FY27: Rs 73 Cr (Page 24) . Key investor presentation takeaways from Suraj Industries Ltd's Q1 FY27 investor presentation — and how

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