India's favourable demographics, rising disposable income, increasing urbanisation and growing preference for premium experiences present a compelling opportunity for the industry, says Radico Khaitan
Alco-beverage firm ABDL expects to deliver mid-teen growth in revenue and volume in FY27, driven by premiumisation, exports and capacity expansion, despite uncertainties arising from geopolitical tensions and supply chain disruptions, Managing Director Amar Sinha said. Allied Blenders and Distillers Ltd (ABDL), which owns brands such as Officer's Choice and ICONiQ, is pursuing a three-year transformation strategy focused on premiumisation, strengthening margins and expanding its international footprint, he said. The Chhabria family-promoted firm, which is expanding its international footprint, expects to increase presence to 60-70 countries over the next three years, driven by premium and mass-premium portfolio. "We would have a volume and top-line growth of mid-teens in FY27. EBITDA margins should remain stable and comparable to FY26," Sinha told PTI in an interaction. The company said its premiumisation drive remains the key growth lever going forward as it reported a 5.8 per cen
Jefferies said that premiumisation is the most important structural trend, with consumers trading up from country liquor and lower-end IMFL to Prestige & Above (P&A) segments.
Pabitro Mukherjee of Bajaj Broking believes the technical setup is favourable for up to 15% upside in smallcaps Allied Blenders and Distillers, NBCC (India) and Sagility.
In the March quarter (Q4FY26), Allied Blenders and Distillers reported a 52.1 per cent decrease in net profit to ₹38 crore, as compared to ₹79 crore a year ago
Pernod Ricard reported strong growth in India mainly driven by premiumisation thus giving a positive outlook for other liquor companies operating in the country.
Allied Blenders & Distillers informed exchanges that ABD Maestro, its super-premium and luxury spirits subsidiary, has unveiled ZOYA Pink Mix Berries Gin, a small-batch extension of the ZOYA portfolio
ABD appoints Amar Sinha as managing director as Alok Gupta's tenure nears end, aiming to drive growth and transformation in India's premiumising spirits market
ICICI Securities has reduced Allied Blenders share price target to ₹520 from ₹540 earlier. The new target price implies upside potential of 14.13 per cent from current levels
JM Financial noted Allied Blenders' rising presence in premium IMFL via its Maestro launches and improving profitability
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