Tilaknagar Industries Ltd. share price

NSE: TI · ISIN INE133E01013

Key numbers

Market cap
₹ 14,420 Cr
Current price
₹ 581.70
52-week high / low
₹ 608 / 382
Stock P/E
-
Book value
₹ 120.0
Dividend yield
0.17%
ROCE
3.2%
ROE
1.1%
Debt to equity
0.77
Sales growth (3 yrs)
25.2%
Profit growth (3 yrs)
-48.2%
1-year return
25.9%

About Tilaknagar Industries Ltd.

Tilaknagar Industries Ltd. engages in the manufacture and sale of Indian made foreign liquor and its related products in India. The company offers brandy under the Mansion House and Courier Napoleon brands; rum under the Madiraa brand; whisky under the Mansion House and Senate Royale brands; and gin under the Blue Lagoon brand, as well as extra neutral alcohol and cocktails. It also exports its products in Africa, the Middle East, East and South-East Asia, and Europe. The company was incorporated in 1933 and is based in Mumbai, India.

Quarterly results

Consolidated figures in ₹ crores

Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales3943606649491,046
Operating profit9460110155169
Net profit8953-105-1532
EPS (₹)4.572.71-4.67-0.601.28

Concall summary (2026-08-04)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • 432 crore in Q1 FY27 and a margin of 42.1% compared to 45.2% in Q4 FY26.
  • Looking ahead, we remain confident of improving upon the 15.5% baseline EBITDA margin achieved in Q4 FY26.

Growth & demand

  • Firstly, we achieved the highest ever monthly volume of 3.4 million cases in June'26 with Imperial Blue emerging as the largest selling Deluxe Whisky.
  • In our stronghold region of South India, Tilaknagar is the largest P&A player overall with 40% market share, ex-Tamil Nadu.

Margins & costs

  • Excluding the impact of inflationary pressures, the margin would have been higher, closer to 44.5%.
  • Excluding the impact of inflationary pressures, the margin would have been approximately 17%.

Capex & expansion

  • During the quarter, we also doubled down on our investment in Bartisans by increasing our stake from 36.2% to 41.5%.
  • On the post-acquisition integration front, I am happy to inform you that we have additionally transitioned from 2 more states, taking the tally to 90% of the IB business being successfully transitioned into Tilaknagar operated units.

Balance sheet & cash

  • Optimize packaging, processes and supply chain and reap benefits of operating leverage and economies of scale, helping us achieve an EBITDA margin of 16%-18% on combined business in the next 2 years 3.
  • Focus on efficient capital deployment, disciplined debt management and working capital investments, facilitating the reduction of net debt-to-EBITDA below 1.0x by FY29 4.

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