Allied Blenders & Distillers

The buying on the counter came after the company's subsidiary, ABD Maestro, announced a strategic collaboration with Ospree Duty Free

Raw material costs will remain supportive for spirits players, with prices of ENA (extra neutral alcohol) and glass expected to stay benign

Allied Blenders plans to invest Rs 547 crore to strengthen backward integration, expand globally, and grow its premium and luxury portfolio, aiming for higher margins and sustainable growth

Liquor stocks in focus: Radico Khaitan sees substantial long-term opportunity in premium and luxury brands owing to rising affluence, evolving preference, and rising demand for elevated experiences.

The demand on the counter came after the company's subsidiary, ABD Maestro's portfolio, secured accolades for three brands

Jefferies has a target price of ₹2,800 per share for Radico Khaitan, ₹1,315 for United Spirits, and ₹620 for Allied Blenders

Allied Blenders has surged 87% from its 52-week low; while Global Spirits has rallied 37% so far in July.

Allied Blenders & Distillers aims to add more luxury labels, improve gross margins by 300 bps, and tap UK-India FTA as it focuses on growth in prestige segments

In the past month, the Smallcap index gained 3 per cent, as against a 1.5 per cent rise in Midcap and a 0.66 up move in Sensex

United Spirits and Allied Blenders led a selloff in alcohol beverage makers on reports that the Maharashtra government approved a hike in excise duty

Shares of Allied Blenders and Distillers hit an all-time high of ₹454.10, soaring 6% in Tuesday's intra-day trade.

Allied Blenders and Distillers has reported a consolidated net profit of Rs 78.62 crore during the March quarter, led by premiumisation of the portfolio. The company had posted a loss of Rs 240.62 crore in the January-March period a year ago, according to a late night regulatory filing from Allied Blenders and Distillers (ABD) on Thursday. Its revenue from operations was up 10 per cent to Rs 1,934.72 crore in the quarter. It was at Rs 1,757.42 crore in the corresponding quarter of the previous fiscal year. ABD's total expenses were at Rs 1,798.80 crore, up 6 per cent in the March quarter. The total income of ABD, which includes other income, was at Rs 1,948.99 crore, up 10.7 per cent. For the financial year ended March 31, 2025, Allied Blenders and Distillers' profit increased multifold to Rs 194.84 crore, from Rs 1.82 crore a year ago. The company said this was its highest-ever profit. In FY25, ABD's total consolidated income rose 5.46 per cent to Rs 8,094.02 crore. ABD Managin

The company also announced its acquisition of a 51 per cent stake in Good Barrel distillery, which produced Rock Paper rum, thus foraying into a new category

Allied Blenders and Distillers has reported a consolidated net profit of Rs 57.46 crore for the December 2024 quarter, helped by portfolio premiumisation. The company had posted a loss of Rs 4.42 crore a year ago, Allied Blenders and Distillers (ABD) said in a regulatory filing. Its revenue from operations increased 12.9 per cent to Rs 2,342.38 crore in the quarter under review. It was Rs 2,074.95 crore in the corresponding quarter of the previous fiscal year. ABD's total expenses rose 10.4 per cent to Rs 2,225.59 crore in the December quarter. The total income, which includes other income, surged 13 per cent to Rs 2,345.63 crore. "Overall, we delivered 8.9 million cases in Q3 FY25, a growth of 7.1 per cent vs 8.3 million cases in Q2 FY25 and a growth of 11.3 per cent vs 8 million cases in Q3 FY24. The growth was led by the premiumisation of the portfolio with a continued increase in Prestige & Above (P&A) volume salience to 42 per cent in Q3FY25 as compared to 39.7 per cent ..

Allied Blenders and Distillers Ltd (ABDL) on Tuesday reported over four-fold jump in consolidated net profit to Rs 47.56 crore in the September quarter on strong margin and interest cost savings. It posted a consolidated net profit of Rs 11.34 crore in the July-September period a year ago, according to a regulatory filing from ABDL. ABDL's revenue from operations rose 5.23 per cent to Rs 2,029.10 crore during the quarter under review. It was Rs 1,928.11 crore in the year-ago period. "The robust performance in PAT was led by strong EBITDA growth and interest cost savings as the high-cost debt was repaid by IPO proceedings during the quarter," said ABDL in its earning statement. The total expenses of ABDL increased 3.7 per cent to Rs 1,925.78 crore in the September quarter. Its total income, which includes other income, grew 5.3 per cent to Rs 2,031.11 crore. "Overall, we delivered 8.3 mn cases in Q2 FY25, a growth of 14.8 per cent vs 7.3 mn cases in Q1 FY25 and in-line with 8.3 mn

Liquor maker Allied Blenders and Distillers has partnered with Bollywood star Ranveer Singh to start a new business venture to offer a portfolio of premium brands. The board of Allied Blenders and Distillers Ltd (ABDL) has approved the formation of the new venture on Wednesday, said a statement from the company. "The creation of this would mark a strategic move for ABDL, allowing the new venture to focus on the exciting world of luxury spirits, while retaining the existing core brands in ABDL itself," said a joint statement With Indians drinking better and trending to luxury products, this business is set to make a significant impact. "The entity will launch its own brands, partner with promising Indian start-ups, work with major international brands, and use the strong ABDL sales and manufacturing networks with clear go-to-market strategies," it said. ABDL Managing Director Alok Gupta said: "This new venture, with the major impact personality like Ranveer Singh, represents our ..

The Allied Blenders and Distillers share price surged after the company disclosed that it plans to acquire a majority stake in new company and set up joint venture with Bollywood actor Ranveer Singh

Allied Blenders & Distillers holds an estimated 11.8% market share in the Indian whisky market and is looking to expand its spirits portfolio, venturing into segments like vodka and scotch

Allied Blenders & Distillers had an estimated market share in sales volume of 11.8 per cent in the Indian whisky market for FY23

Most of the bids came in the final hours of bidding on Thursday, with institutional buyers bidding for 50 times the shares allotted, while retail investors bid for about four times the allotment