Tilaknagar Industries , a prominent player in the Indian alcoholic beverages market, has reported robust performance for the second quarter of fiscal year 2026. The company has demonstrated significant growth and strategic moves that position it for further expansion in the premium spirits segment.

Q2 FY26 Performance Highlights

Tilaknagar Industries achieved a notable 16.2% volume growth in Q2 FY26, indicating strong demand for its products. The company's revenue for the quarter stood at Rs. 398.00 crore, reflecting its solid market position and effective sales strategies.

Strategic Developments

Imperial Blue Acquisition

Tilaknagar Industries has received approval from the Competition Commission for its acquisition of Imperial Blue. This strategic move is expected to strengthen the company's portfolio and market presence in the premium spirits category.

Capital Raising

The company has successfully raised Rs. 986.00 crore through a preferential issue. This significant capital infusion is likely to support Tilaknagar's growth initiatives and expansion plans in the competitive alcoholic beverages market.

Product Portfolio Expansion

Tilaknagar Industries has expanded its premium offerings with the introduction of Monarch Legacy Edition Brandy. The new product has been launched across six states, demonstrating the company's commitment to enhancing its presence in the premium spirits segment.

Distribution Network Enhancement

To bolster its market reach, Tilaknagar has formed a partnership with Spaceman Spirits. This collaboration is aimed at strengthening the company's distribution network, which could potentially lead to improved market penetration and sales performance.

Outlook

With these strategic initiatives in place, including product expansion, acquisition progress, and distribution network enhancement, Tilaknagar Industries appears to be positioning itself for growth in the dynamic alcoholic beverages market. The company's focus on premium offerings and strategic partnerships may contribute to its competitive edge in the industry.

Investors and market observers may want to keep a close eye on Tilaknagar Industries' future performance as it continues to execute its growth strategy in the coming quarters.

Tilaknagar Industries , a prominent player in the Indian spirits industry, has unveiled ambitious financial projections during a recent conference call, signaling strong growth expectations for the coming years.

Growth Projections

The company outlined its vision for the future, expecting:

• Mid-teens volume growth for FY26 standalone business (excluding Imperial Blue)
• EBITDA margins around 60% for FY27-28

These projections reflect the company's confidence in its business strategy and market position.

Imperial Blue Deal Impact

Tilaknagar Industries plans to provide revised guidance for the combined business after the closure of the Imperial Blue deal. This strategic move is expected to significantly impact the company's future performance.

Revenue Growth Outlook

For FY26, the company anticipates that revenue growth will be slightly below volume growth. This projection is attributed to a higher Net Sales Realization (NSR) base in the first half of FY25.

Investor Communication

Tilaknagar Industries continues to maintain transparent communication with its stakeholders. The company recently announced:

• An upcoming interaction with analysts and investors on November 19, 2025, at the Avendus Spark INDX Annual Investor Conference in Mumbai.
• The availability of an audio recording from their Q2 H1 FY26 results conference call on the company's website.

These initiatives demonstrate Tilaknagar Industries' commitment to keeping investors informed about its performance and future strategies.

As the company moves forward with its growth plans and the integration of the Imperial Blue business, market observers will be watching closely to see how these projections materialize and impact Tilaknagar Industries' position in the competitive Indian spirits market.