Allied Blenders & Distillers Limited has filed the notice of its 18th Annual General Meeting (AGM) to be held on Monday, July 6, 2026 at 3:00 P.M. (IST) through Video Conferencing/Other Audio Visual Means, along with its Annual Report including the Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26. The filing was made on June 12, 2026 by Company Secretary and Compliance Officer Sumeet Maheshwari.

Record Financial Performance in FY 2025-26

FY26 marked a defining year for Allied Blenders and Distillers, with the company reporting record annual profits and its second consecutive year of consistent quarterly performance post-listing. On a consolidated basis, the key financial metrics for FY26 are summarised below:

On a standalone basis, revenue net of excise duty grew 10.24% to ₹3,88,015.03 Lakhs compared to ₹3,51,969.02 Lakhs in the previous year. Standalone Profit After Tax rose 34.08% to ₹26,832.96 Lakhs from ₹20,012.88 Lakhs. The consolidated Revenue from Operations (net of excise duty) stood at ₹3,92,277.84 Lakhs, registering an increase of 11.45% over ₹3,51,988.37 Lakhs in the previous year. Consolidated Total Income (excluding Excise Duty and including Other Income) increased 11.52% to ₹3,94,876.61 Lakhs.

Balance Sheet Strengthening and Dividend

The company's balance sheet remained robust even as it progressed through a strategic capital expenditure cycle. Net Debt to EBITDA stood at 1.7x as of March 31, 2026, within the stated framework of below 2.0x, while Net Debt to Equity stood at 0.6x. Return on Capital Employed stood at 19.7% in FY26.

Reflecting its financial position, the Board has recommended a dividend of 270%, equivalent to ₹5.4 per equity share of face value ₹2.00 each for FY 2025-26, compared to a dividend of ₹3.60 per equity share (180%) in the previous year. The proposed dividend will result in a total cash outflow of ₹151.04 Crores, as against ₹100.70 Crores in the previous year, subject to shareholder approval at the AGM. The record date for dividend entitlement has been fixed as Friday, June 26, 2026.

During the year, India Ratings & Research Private Limited upgraded the bank loans rating of the company from 'IND A-' to 'IND A' with Positive Outlook, reflecting sustained improvement in the company's scale of operations.

Strategic Milestones and Portfolio Expansion

Several key operational and strategic milestones were achieved during FY26:

• Premiumisation: Prestige & Above (P&A) salience increased to 47.2% of overall volumes and 57.3% of sales value, with P&A volumes growing 26.8% YoY.
• ICONiQ White: Crossed the 10 million cases milestone during FY26, recording sales of 10.7 million cases. ICONiQ White was also recognised as the fastest-growing Millionaire whisky brand for the 3rd consecutive calendar year in 2025.
• ABD Maestro: The super-premium to luxury platform expanded its portfolio spanning whisky, gin, vodka and rum categories, achieving approximately 80% addressable market presence and approximately 5,000 premium touchpoints across India.
• New Launches: Portfolio enriched through launches including The Collective (a limited-edition 34-year-old single malt Scotch whisky distilled by Macallan), YELLO Designer Whisky, AODH Irish Whiskey, Rangeela Vodka, Russian Standard Vodka, and Golden Mist Brandy.
• International Expansion: Global footprint expanded from 23 countries in FY25 to 36 countries in FY26.
• PET Facility: Successfully commissioned the PET bottle manufacturing facility in Telangana, which has been EBITDA accretive since Q3 FY26.

Backward Integration and Capital Expenditure

The company's multi-phase backward integration programme progressed significantly during FY26, with investments across ENA, malt, PET and bottling infrastructure. Key developments are outlined below:

Collectively, these projects are expected to enhance EBITDA margins by approximately 300 basis points by FY28 and an incremental approximately 100 basis points by FY29.

AGM Agenda and Corporate Developments

The 18th AGM will transact both ordinary and special business. Key items on the agenda include adoption of audited standalone and consolidated financial statements for FY 2025-26, declaration of the recommended dividend, re-appointment of Mr. Kishore Rajaram Chhabria and Mrs. Bina Kishore Chhabria who retire by rotation, and appointment of Mr. Amar Sinha (DIN: 01488890) as Managing Director for a period of three years with effect from June 1, 2026 to May 31, 2029. Mr. Amar Sinha succeeds Mr. Alok Gupta, who stepped down as Managing Director with effect from the end of business hours on May 31, 2026.

Special business also includes approval for raising funds up to ₹1,000 Crores through issuance of equity shares and/or other securities including via Qualified Institutions Placement, an increase in borrowing limits under Section 180(1)(c) of the Companies Act, 2013 up to ₹1,600 Crores, and creation of mortgage or charge on company assets up to ₹1,600 Crores under Section 180(1)(a).

As on March 31, 2026, the company had 13 subsidiaries and a total permanent employee strength of 938. The Board comprises 14 Directors including 3 Woman Directors. The statutory auditors Walker Chandiok & Co LLP issued an unmodified audit opinion for FY 2025-26.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE552Z01027/466fb307-cfc3-407b-82c2-ce2c3bc4198f.pdf

Allied Blenders and Distillers Limited has filed its maiden Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, marking a formalized commitment to integrating Environmental, Social, and Governance (ESG) principles into its operations. The report, which forms part of the Annual Report for FY 2025-26, was submitted to the stock exchanges on June 12, 2026, pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The filing highlights the company’s strategic focus on sustainable growth, emphasizing operational resilience through resource efficiency, water stewardship, and responsible packaging management. As a leading spirits company, Allied Blenders and Distillers Limited identified material issues such as energy management, water management, and waste management as critical risks and opportunities for its business model.

Operational and Environmental Footprint

The report provides detailed disclosures on the company’s operational scale and environmental impact. Allied Blenders and Distillers operates 39 plants and 14 offices nationally, serving over 30 states and union territories in India and 36 international markets. Exports contributed 6% to the company’s Net Revenue during the reporting period.

On the environmental front, the company reported total greenhouse gas emissions (Scope 1 and Scope 2) of 1,06,442 metric tonnes of CO2 equivalent for FY 2025-26, a decrease from 1,23,218 metric tonnes in the previous year. The company successfully achieved Zero Liquid Discharge (ZLD) at its Rangapur Plant and implemented several initiatives to optimize water usage, including wastewater treatment and reuse in bottling operations.

Waste Management and Circular Economy

The company disclosed significant data on waste generation and management, reflecting its commitment to circular economy principles. Total waste generated increased to 6,028 metric tonnes in FY 2025-26 from 5,435 metric tonnes in the previous year. Plastic waste accounted for 1,080 metric tonnes, managed under the Extended Producer Responsibility (EPR) framework through authorized recyclers.

A key achievement in resource circularity was the reclamation of approximately 22% of glass bottles, which were subsequently reused in the bottling process. This initiative significantly reduced reliance on virgin glass materials and supported the company’s sustainability goals.

Social Governance and Employee Welfare

The BRSR outlines the company’s robust governance structure and employee welfare measures. An ESG Committee, comprising three directors including Mr. Narayanan Sadanandan as Chairman, oversees sustainability matters. The company reported a workforce of 880 employees and 58 workers, with 100% coverage under health and accident insurance schemes.

Allied Blenders and Distillers maintained a clean compliance record during the year, with no material fines, penalties, or non-compliances reported against the National Guidelines on Responsible Business Conduct (NGRBC) principles. The company also confirmed that no safety-related incidents occurred during the reporting period.

Key Environmental and Operational Metrics