Piccadily Agro Industries Reports 33.7% Surge in Q1 Net Profit
Piccadily Agro Industries announced robust Q1 financial results with total income rising 9.9% to Rs. 22,899.88 lakhs. Net profit after tax increased significantly by 33.7% to Rs. 1,846.74 lakhs. Earnings per share improved to Rs. 1.95, up 33.6% year-on-year. The company's equity share capital remained stable at Rs. 9,501.13 lakhs. Results were reviewed by the audit committee and approved by the board of directors, with publication in Business Standard newspapers in compliance with regulatory requirements.
05Aug 25
Piccadily Agro Industries Launches Exclusive Indri Single Malt 'City Series' at Dubai Duty Free
Piccadily Agro Industries Limited has launched its Indri Single Malt Indian Whisky 'City Series' with an exclusive Dubai Duty Free edition. The release includes two limited single cask expressions: Sauternes Cask (210 bottles) and Oloroso Sherry Cask (348 bottles), both at 58.5% ABV. Priced at approximately USD 150.00, these whiskies are exclusively available at Dubai International Airport's duty-free terminals. This launch is part of Indri's premium travel retail strategy and follows a successful Bengaluru Duty Free edition. The company aims to create unique experiences through its whiskies by capturing the essence of global cities.
24Jul 25
Piccadily Agro Industries Launches Indri Agneya: A New Peated Single Malt Indian Whisky
Piccadily Agro Industries Limited has introduced Indri Agneya, a lightly peated single malt whisky matured in Sherry and Bourbon casks. The whisky, crafted in Indri village, Haryana, offers rich nuttiness, ripe fruit notes, and gentle smokiness. Priced at 3,800 rupees in Haryana, it will be rolled out across India and select international markets. This launch follows the company's successful introduction of the Indri brand in 2022, positioning Piccadily as a leader in the Indian single malt whisky market.
24Jul 25
Piccadily Agro Industries Unveils Indri Agneya: A Peated Single Malt Whisky
Piccadily Agro Industries Limited has introduced Indri Agneya, a lightly peated single malt Indian whisky. The new product is matured in Sherry and Bourbon casks, made from indigenous 6-row barley, and aged in American oak casks. Indri Agneya offers rich nuttiness and fruit notes, smooth texture, and gentle smokiness. Initially priced at ₹3,800 in Haryana, the company plans to expand distribution across India and into international markets. This launch aligns with Piccadily's goal to elevate Indian single malts globally.
24Jul 25
Piccadily Agro Industries Unveils Indri Agneya: A Bold New Chapter in Indian Single Malt Whisky
Piccadily Agro Industries Limited has introduced Indri Agneya, a lightly peated single malt whisky. The new product features a complex flavor profile with notes of nuttiness, ripe fruit, and gentle smokiness. Crafted in Indri, Haryana, it uses indigenous 6-row barley and is matured in Sherry, Bourbon, and American oak casks. Priced at ₹3,800.00 in Haryana, Agneya will be available across India and in international markets soon. This launch represents Piccadily's ambition to elevate Indian single malts globally.
24Jul 25
Piccadily Agro Industries Unveils Indri Agneya: A Bold New Chapter in Indian Single Malt Whisky
Piccadily Agro Industries Limited has introduced Indri Agneya, a lightly peated single malt Indian whisky. Crafted in Indri, Haryana, this new expression is matured in Sherry and Bourbon casks, offering a complex flavor profile with nuttiness, ripe fruit notes, and subtle smokiness. Made from indigenous 6-row barley and gently kilned over peat smoke, Indri Agneya is priced at ₹3,800 in Haryana and will be available across India and select international markets soon. This launch follows Indri becoming the fastest-growing single malt whisky brand, showcasing Piccadily's commitment to innovation in the spirits industry.
01Jul 25
Piccadily Agro Industries: NSE Listing Set for July 2, 2025
Piccadily Agro Industries, known for Indri Single Malt Whisky, has received approval to start trading on the National Stock Exchange (NSE) from July 2, 2025, under the symbol PICCADIL. This dual listing is expected to increase the company's visibility, liquidity, and investor base. Currently, the company's stock is trading at ₹619.70 on the Bombay Stock Exchange (BSE), up by 8.30%.
17Jun 25
Piccadily Agro Industries Secures ₹50 Crore Through Premium-Priced Warrant Conversion
Piccadily Agro Industries Limited has raised ₹50 crore by converting share warrants into equity shares at ₹744 per share, a premium to the current market price of ₹576.50. The company's paid-up capital has increased to ₹95.01 crore. The funds will be used for capacity expansion in the premium alcoholic beverages segment. This move demonstrates investor confidence and positions the company for growth in the high-value spirits market.
Piccadily Agro Industries has set a goal to sell 1 million cases of its Whistler Barrel Aged Blended Malt Whisky over the next three years. This ambitious target for their premium offering indicates a strategic push for market expansion and brand growth in the Indian spirits market. The plan suggests potential increases in production, distribution network expansion, and aggressive marketing efforts. This move could intensify competition in the premium whisky segment.
03Jun 25
Piccadily Agro Industries Aims to Produce 1 Million Cases of Whistler Whisky in 3 Years
Piccadily Agro Industries has announced an ambitious goal to produce 1 million cases of Whistler Barrel Aged Blended Malt Whisky within the next three years. This target highlights the company's commitment to expanding its presence in the premium spirits market. The goal could potentially increase market share, boost revenue growth, and may require operational expansion. However, challenges include maintaining product quality and ensuring market demand meets the increased production.
Piccadily Agro Industries Ltd announced impressive financial results with significant growth across key metrics. Profit Before Tax increased by 21.5% to ₹144.20 crore, EBITDA grew by 25.4% to ₹191.40 crore, and Revenue rose by 8.0% to ₹893.00 crore. The IMFL division was the primary growth driver, reporting a 40% increase. The company plans to expand capacity at its Indri facility and launch a new project in Chhattisgarh in the upcoming fiscal year.
Piccadily Agro Industries' Q4 financial results show a slight revenue decline to ₹2.72 billion, down 4.56% year-over-year. Net profit decreased to ₹403.80 million from ₹435.00 million last year, but improved 61.20% sequentially. EBITDA remained stable at ₹660.70 million. The company's EBITDA margin increased to 24.32% from 23.62%, indicating enhanced operational efficiency.