Allied Blenders and Distillers (ABD) has released its Q2 and H1 FY27 earnings presentation, highlighting strong topline growth driven by volume and premiumization. The company reported robust performance across its segments, with particular emphasis on the Super-Premium to Luxury portfolio expansion and strategic capex initiatives aimed at enhancing EBITDA margins and driving efficiency. Investor confidence is further bolstered by the company’s clear transformation roadmap and disciplined capital deployment.
Allied Blenders and Distillers Unveils Q2 and H1 FY27 Financial Highlights
Allied Blenders and Distillers Limited (ABD) has officially submitted its Q2 and H1 FY27 Earnings Presentation, detailing the company’s financial results for the periods ending September 30, 2026. The presentation underscores a period of significant growth and strategic advancement, aligning with the company’s long-term vision for market leadership and profitability.
Key Financial Performance Indicators
For Q2 FY27, the company reported Income from Operations of ₹1,152 Crore, marking a substantial 15.8% increase year-on-year. EBITDA grew by 10.0% to ₹143 Crore, while Profit After Tax (PAT) reached ₹69 Crore, up 9.7%. The EBITDA Margin stood at 12.4%, a slight moderation from the previous year due to strategic investments.
The first half of FY27 (H1 FY27) also demonstrated strong momentum. Total Volume reached 19.1 Mn cases, an increase of 8.7% YoY. Income from Operations for H1 FY27 was ₹2,135 Crore, a 10.9% YoY increase. EBITDA grew by 5.8% to ₹263 Crore, and PAT was ₹114 Crore. The EBITDA Margin for H1 FY27 was 12.3%.
Strategic Portfolio Expansion and Brand Strength
ABD’s portfolio continues to strengthen across all growth categories, from Mass Premium to Super-Premium to Luxury. Key brands like Officer’s Choice remain market leaders, while newer premium brands are gaining significant traction. The company is strategically expanding its Super-Premium to Luxury offerings, aiming to capture a larger share of the high-margin segment. The presentation details the brand portfolio, including highlights for Officer’s Choice Blue, ICONIQ White, Sterling Reserve Blend 7, Golden Mist, Srishti Select Collection, Kyron Premium, The Indian Edit, Zoya Gin, Pumori Gin, Segredo Aldeia, Arthaus Collective, Woodburns Whisky, Aodh Irish Whiskey, Yello Designer Whisky, Russian Standard Vodka, and Rangeela Vodka.
Focus on Margin Enhancement and Capex
The company is actively pursuing margin enhancement through several strategic drivers, including backward integration, FTA benefits, growth and premiumization, and cost efficiencies. Planned capex investments are focused on deepening backward integration, strengthening supply chain security, and expanding distillation and bottling capacities. These investments are projected to enhance EBITDA Margins by approximately 300 bps by FY28 and an incremental 150 bps by FY29. The company is also implementing a prudent capital allocation framework, funded through internal accruals and debt, with disciplined peak capex ratios and a target ROCE of 23%–25% by FY28.
Global Ambition and Market Presence
ABD is expanding its global footprint, aiming to solidify its position as the largest exporter by volume from India. The company has extended its reach to 42 countries and is focusing on distribution expansion in key regions like Africa, LatAm, EU, North America, and South East Asia. Key international markets are being targeted for growth, supported by an asset-light, high-profit export model.
Future Outlook
The outlook for FY27 remains positive, with expectations of sustained topline growth momentum, particularly with the festive season in Q3 FY27. ABD is focused on scaling key brands, driving execution, and delivering margin-accretive topline growth. Management’s perspective emphasizes a continued emphasis on margin improvement driven by premiumization, capex benefits, and operating leverage.
Source: BSE
