Allied Blenders & Distillers reported a 12% year-on-year increase in standalone net profit to ₹6,899 crore for the quarter ended June 30, 2026 (Q1FY27), driven by robust volume growth and margin expansion. However, consolidated net profit attributable to owners declined 18.7% to ₹454 crore from ₹558 crore in the corresponding period of the previous year, reflecting strategic investments in advertising and promotion for its premium portfolio.

The Board of Directors approved the unaudited financial results on July 23, 2026, pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were reviewed by Walker Chandio & Co LLP, the statutory auditor. The company published the results in The Free Press Journal and Navshakti newspapers on July 25, 2026, under Regulation 47 of the SEBI Listing Regulations.

Financial Performance

Standalone total income rose 1.2% to ₹18,003 crore from ₹17,794 crore in Q1FY26. Gross margins expanded by 277 basis points to 46.0%, while standalone EBITDA margins widened by 113 basis points to 14.3%. Standalone EBITDA reached ₹1,400 crore, up from ₹1,220 crore in the prior year period.

Consolidated figures showed a different dynamic, with EBITDA remaining broadly flat at ₹1,200 crore against ₹1,190 crore in Q1FY26. Consolidated margins contracted by 55 basis points to 12.2%. Management attributed this contraction to increased advertising and promotion spends for the ABD Maestro portfolio and supply chain headwinds. Excluding a ₹240 million supply chain impact, like-to-like consolidated EBITDA would have been ₹1,440 crore, representing a 21.4% increase with margins at 14.7%.

Operational Highlights

The Prestige & Above (P&A) segment delivered 9.0 million cases, marking a 6.2% year-on-year increase. Volume salience for this segment increased to 48.2% from 46.2%. ICONiQ White sales surged 33.8% to 3.1 million cases from 2.3 million cases in the previous year. The company expanded its international presence to 39 countries and launched Zoya Pink, a super-premium gin extension, in Maharashtra in April 2026.

Strategic Investments and Outlook

Management outlined a multi-year capital expenditure program aimed at enhancing EBITDA margins by approximately 300 basis points by FY28 and an incremental 100 basis points by FY29. Key investments include a ₹1,150 million PET packaging unit in Telangana, operational from Q3FY26, and a ₹750 million single malt distillery in Telangana expected in H1FY27. In Maharashtra, a ₹3,400 million acquisition in MAILLP is fully operational, with capacity expanding to 61.0 MLPA.

The company targets revenue growth in the mid-teens, underpinned by increasing P&A contribution reaching ~50% by volume by FY28. It aims to drive Return on Capital Employed (ROCE) from 18.5% in FY26 to 23–25% by FY28. Net debt reduced by ₹330 million to ₹9,470 crore in June 2026, maintaining Net Debt/EBITDA at 1.7x and Net Debt/Equity at 0.6x, well within the stated framework of <2.0x and <0.75x respectively.

Regulatory Disclosures

The company continues to contest a CSD debit memorandum demanding ₹33,987.20 lakh for differential trade rates on sales between March 1, 2012, and October 31, 2017. Arbitration hearings are scheduled for July 27 and 28, 2026. Regarding income tax litigation, the department revised the aggregate demand to ₹26,075.30 lakh and interest to ₹19,377.10 lakh via an order dated January 30, 2026. All penalty proceedings under Section 271(1)(c) were dropped.

Allied Blenders & Distillers Ltd will host a conference call on July 24, 2026, to discuss its financial performance for the first quarter of FY27. The meeting is scheduled to begin at 4:00 PM IST, providing analysts and investors an opportunity to review the company's quarterly results. The company confirmed that no unpublished price sensitive information will be disclosed during the proceedings.

Pursuant to Regulation 30(6) read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the intimation was submitted to the exchanges. The conference call will be held in Mumbai, and participants are required to pre-register using the link provided in the invite to join via the specified dial-in details.

The management team will be represented by key executives, including Mr. Shekhar Ramamurthy, Executive Deputy Chairman, and Mr. Amar Sinha, Managing Director. Other participants include Mr. Ramakrishnan Ramaswamy, Chief Financial Officer, and Mr. J. Mukund, Head of Investor Relations and Chief Risk Officer.

Conference Call Details

The following table outlines the key details of the scheduled earnings call:

Access Information

Participants can join the call using the following universal access numbers:

+91 22 6280 1342 +91 22 7115 8243

International toll-free numbers are available for various regions including the USA, UK, Singapore, and Australia. Alternatively, participants can use the DiamondPass feature for express joining by registering online. The company noted that the date and time are subject to change due to exigencies.