India Glycols Limited — PPTs, 02-09-2026: Investor Presentation

IGL Spirits demonstrates strong performance, with total revenue growing at a 39% CAGR (FY24-26) to ₹2,801 Cr in FY26, driven by robust potable spirits and bio-fuels segments. EBITDA surged at a 48% CAGR (FY24-26) to ₹492 Cr, while potable spirits gross margins significantly improved to 45.9%. The company achieved a solid 20.5% Return on Capital Employed (RoCE) in FY26.

The company's strategy employs a dual-engine approach, expanding its diverse spirits portfolio (mass to premium) alongside a scaling bio-fuels business. Key initiatives include premiumization, broadening geographic reach into new states and CSD channels, and leveraging strategic partnerships like Bacardi and Amrut Distilleries for premium brand distribution. Recent developments feature national expansion for Amazing Vodka and Zumba Rum, with CSD approval secured for Zumba.

Management targets over ₹550 Cr EBITDA by FY27 and aims to be debt-free by FY28, with an aspiration for ₹1,000 Cr EBITDA within 3-4 years, largely utilizing existing capacity. Future plans emphasize doubling IMFL volumes and increasing the contribution from higher-margin white spirits, positioning IGL to become a top 3 Indian alcobev brand.