Allied Blenders Reports Strong Q2 FY26 Growth, Launches RANGEELA Vodka with Ranveer Singh
Allied Blenders & Distillers (ABD) reported robust Q2 FY26 financial results with 14.40% YoY revenue growth to Rs. 995.00 crores, 23.60% EBITDA growth to Rs. 130.00 crores, and 32.30% PAT growth to Rs. 63.00 crores. The company's Prestige & Above category saw 28.80% YoY volume growth. ABD expanded its international presence to 30 countries and commissioned a new PET bottle manufacturing facility. The company also launched RANGEELA, a new premium vodka brand, in collaboration with Bollywood star Ranveer Singh, targeting young adult consumers.

*this image is generated using AI for illustrative purposes only.
Allied Blenders & Distillers (ABD) has reported robust financial results for Q2 FY26, showcasing strong growth across key metrics. The company has also announced the launch of RANGEELA, a new contemporary Indian vodka brand, in collaboration with Bollywood star Ranveer Singh.
Q2 FY26 Financial Highlights
ABD reported impressive growth in its Q2 FY26 financial results:
| Metric | Q2 FY26 | YoY Growth |
|---|---|---|
| Revenue | Rs. 995.00 crores | 14.40% |
| EBITDA | Rs. 130.00 crores | 23.60% |
| EBITDA Margin | 13.10% | Improved |
| PAT | Rs. 63.00 crores | 32.30% |
| Volume | 9.00 million cases | 8.40% |
| Realization per case | - | 3.80% increase |
The company's Prestige & Above (P&A) category maintained strong momentum with a 28.80% year-on-year volume growth, improving its contribution to 47.10% of total sales, up from 39.70% in Q2 FY25.
Brand Performance
ICONiQ White emerged as a standout performer, doubling its volume organically compared to Q2 FY25. The brand has expanded its presence to eight international markets in addition to its growing footprint across India.
Sterling Reserve B7, another key brand in ABD's portfolio, recently launched a refreshed blend with enhanced smoothness and taste, accompanied by a nationwide campaign titled 'So Smooth Must Be Magic'.
International Expansion
ABD has significantly expanded its international presence, increasing its reach from 14 to 30 countries within 18 months. The company aims to further expand to 35 countries by Q4 FY26, with a goal to reach 1 million cases in Africa by FY28.
Operational Updates
In September 2025, ABD commissioned its PET bottle manufacturing facility in Rangapur, Telangana, with a capital investment of approximately Rs. 115.00 crores. This facility is expected to produce over 600 million PET bottles annually and add about Rs. 30.00 crores to the company's gross margins.
The company also reported progress on its other capex projects, including a single malt distillery in Telangana and ENA distillation capacity expansion in Aurangabad, Maharashtra, both on track for completion in Q4 FY26 and Q4 FY27, respectively.
Launch of RANGEELA Vodka
ABD Maestro Pvt. Ltd., the super-premium and luxury spirits subsidiary of ABD, has launched RANGEELA Contemporary Indian Vodka. This new brand is conceptualized by Bollywood actor Ranveer Singh, who serves as the Co-Founder and Creative Partner at ABD Maestro.
RANGEELA Vodka is positioned as a premium, triple-distilled, and platinum chill-filtered vodka, targeting young adult consumers driving growth in the category. The brand aims to celebrate India's vibrant colors and emotions, with a bold and expressive spirit.
Ranveer Singh, commenting on the launch, said, "With RANGEELA Vodka, we are bringing something that celebrates the spirit of all of us. The universe of the brand is colorful, energetic and vibrant."
RANGEELA has debuted in Maharashtra at an MRP of Rs. 2,400.00 for 750ML, with plans to expand to Goa, West Bengal, and markets in North India in the near future.
Outlook
As ABD enters the second half of FY26, the company anticipates a positive outlook driven by the festive season in Q3. The management remains committed to optimizing working capital, ensuring timely execution of key strategic projects, and advancing sustainability initiatives.
With its strong performance in Q2 FY26 and strategic initiatives like the launch of RANGEELA Vodka, Allied Blenders & Distillers appears well-positioned to capitalize on the growing premium consumption market in India and continue delivering long-term value to its stakeholders.
Historical Stock Returns for Allied Blenders & Distillers
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.90% | +1.09% | +22.97% | +65.33% | +105.89% | +104.44% |
















































