Allied Blenders and Distillers Limited — PPTs, 25-08-2025: Investor Presentation

Allied Blenders and Distillers Limited (ABDL) delivered strong FY25 results: Revenue up 6.2% to ₹3,541 Cr. EBITDA soared 81.7% to ₹451 Cr (12.7% margin), while Profit After Tax surged 98x to ₹195 Cr. Exports grew 15.7% to ₹206 Cr with better profitability. ICONiQ White, the fastest-growing millionaire brand globally, and Officer's Choice remain key market share drivers.

Strategy centers on premiumization, capitalizing on rising consumer incomes. Key backward integration investments (~₹450 Cr) in PET bottle, ENA distillation, and a single malt distillery aim to boost gross margins by 300 bps. Global expansion continues, targeting 35 export countries by March 2026.

Recent launches include Golden Mist brandy, Srishti Select whisky, Arthaus Blended Malt, and a partnership for Russian Standard Vodka. ABDL also bagged over 30 awards. Capacity expansions for PET bottling (Q2 FY26), a malt distillery (Q4 FY26), and ENA distillation (Q4 FY27) are on track.

Financial strength improved dramatically: Net Debt/EBITDA at 1.7x (down from 3.0x), and Net Debt/Equity at 0.5x (from 1.8x). ROCE (Pre-Tax) hit 16.9%.

Management projects mid-teen revenue growth, targeting Gross Margins over 45%, EBITDA around 17%, and ROCE of 23-25% by FY28. Capital will fund margin-accretive projects, maintaining prudent debt levels.