Allied Blenders and Distillers Limited — Updates, 21-07-2025: Press Release

Allied Blenders and Distillers (ABD) has received a credit rating upgrade from Ind-Ra for its bank facilities, moving from 'IND A-' to 'IND A' with a positive outlook. This marks the second upgrade in 12 months. The upgrade reflects ABD's sustained operational growth and increased contribution from high-margin brands, improving overall margins and strengthening credit metrics in FY25. Ind-Ra anticipates continued improvement in the medium term, supported by ongoing growth and capital expenditure for backward integration, enhancing future profitability.