Tilaknagar Industries Projects Strong Revenue Growth for FY26-27
Tilaknagar Industries forecasts mid-to-high teens revenue growth for FY26 and mid-teens growth for FY27. The company expects EBITDA margins of 15.00-16.50% for FY26 and 15.50-17.50% for FY27. The company recently held an earnings call for Q1 FY26 results and has published its consolidated unaudited financial results for the quarter ended June 30, 2025, in major newspapers. The company has also implemented QR codes and weblinks for easy access to complete financial results.
11Aug 25
Tilaknagar Industries Anticipates CCI Approval for Imperial Blue Acquisition, Reports Strong Q1 Results
Tilaknagar Industries anticipates Competition Commission of India approval for its €413 million acquisition of Pernod Ricard's Imperial Blue business by the end of 2025. The company reported strong Q1 results with net revenue up 30.60% to ₹409.10 crore and profit after tax growing 120.80% to ₹88.50 crore. TI plans to expand its Prag Distillery subsidiary's bottling capacity from 6 lakh to 36 lakh cases annually with a ₹25 crore investment. The Bombay High Court has upheld TI's ownership of the Mansion House and Savoy Club trademarks.
Tilaknagar Industries posted robust Q1 FY26 results with net profit doubling to ₹885.00 crore and revenue increasing 30% to ₹863.00 crore. The company approved a ₹250.00 million expansion of Prag Distillery and agreed to acquire Pernod Ricard's Imperial Blue division for ₹4,150.00 crore. Volume growth reached 26.50% with EBITDA rising 88% to ₹94.50 crore. The company reported market share improvements, particularly in Southern India, with its Mansion House Brandy maintaining its position as India's largest selling brandy.
06Aug 25
Tilaknagar Industries Boosts Stake in Craft Spirits Maker Spaceman Spirits Lab to 21.36%
Tilaknagar Industries has invested Rs 10.66 crore in Spaceman Spirits Lab, increasing its stake to 21.36%. The investment includes Rs 9.15 crore as part of a previously announced deal and Rs 1.51 crore to acquire additional shares. Spaceman Spirits Lab, founded in 2020, has shown significant growth with projected revenue growth of 70% for the current fiscal year. The partnership aims to expand distribution of SSL's premium craft spirits brands across India and abroad. SSL plans to diversify into new categories including whisky, heritage liqueurs, and tequila.
Tilaknagar Industries Ltd. (TIL) has announced a ₹2,296 crore fundraising plan through a preferential issue of equity shares and convertible warrants. The plan includes issuing 1.43 crore equity shares at ₹382 per share and 4.57 crore convertible warrants at the same price. Notable investors include SMALLCAP World Fund, Axana Estates LLP, and TIMF Holdings. Chairman Amit Dahanukar is leading promoter participation with a ₹306 crore warrant subscription. Funds will be used for acquiring the Imperial Blue brand, working capital, and corporate purposes. Additionally, TIL's subsidiary received an extension for expanding bottling capacity in Andhra Pradesh.
29Jul 25
Tilaknagar Industries to Raise Rs 2,296 Crore via Preferential Issue for Imperial Blue Acquisition
Tilaknagar Industries Ltd (TIL) has approved a preferential issue of equity shares and warrants worth Rs 2,296 crore to finance its acquisition of the Imperial Blue whiskey brand from Pernod Ricard. The issue, priced at Rs 382 per security, involves 44 investors including promoters and existing stakeholders. Nine investors will subscribe to equity shares worth Rs 549 crore, while 35 investors will participate through warrants, raising Rs 1,747 crore. The promoter group, led by Mr. Amit Dahanukar, will subscribe to warrants worth Rs 306 crore. This fundraising is primarily to finance TIL's Rs 4,150 crore acquisition of Imperial Blue, marking its strategic entry into the whiskey segment. TIL's board has also approved an increase in the company's authorized share capital from Rs 226.05 crore to Rs 310 crore.
29Jul 25
Tilaknagar Industries Secures ₹340 Crore Funding and Expands Operations in Andhra Pradesh
Tilaknagar Industries Ltd. has secured ₹340 crore funding from Prag Board for business expansion. The Andhra Pradesh government extended the LOI for Prag Distillery's expansion project, allowing for increased bottling capacity. The company's Board approved equity infusion plans, including issuing up to 1,43,80,000 equity shares at ₹382 per share and up to 4,57,15,000 convertible warrants, potentially raising ₹2,295.63 crore. Post-issuance, promoter Amit Arun Dahanukar will hold 13.72% of total shareholding.
29Jul 25
Tilaknagar Industries Approves Rs 2,295 Crore Capital Raise Through Preferential Issue
Tilaknagar Industries Ltd has approved raising up to Rs 2,295 crore through preferential allotment of shares and warrants. The plan includes issuing 1.44 crore equity shares at Rs 382 per share to raise Rs 549 crore, and 4.57 crore convertible warrants at Rs 382 each, potentially raising Rs 1,746 crore. The company will increase its authorized share capital from Rs 226 crore to Rs 310 crore. Additionally, Rs 34 crore will be provided to subsidiary Prag Distillery for expanding bottling capacity in Andhra Pradesh. An EGM is scheduled for August 20, 2025, to seek shareholder approval.
24Jul 25
Tilaknagar Industries to Acquire Imperial Blue, Aims to Raise INR 6,500 Crore for Expansion
Tilaknagar Industries Limited (TI) has agreed to acquire the Imperial Blue business from Pernod Ricard India for €412.60 million. This acquisition marks TI's entry into the whisky segment, complementing its leadership in brandy. TI plans to raise up to INR 6,500 crore to finance the acquisition and support growth. The company has also incorporated a new subsidiary, Grain & Grape Works Private Limited, for future expansion in alcoholic and non-alcoholic beverages. The deal is expected to significantly expand TI's distribution network and transform it into a pan-India player.
23Jul 25
Tilaknagar Industries Acquires Imperial Blue Brands for €412.6 Million, Aims to Become Pan-India Player
Tilaknagar Industries Limited has entered into an agreement to acquire the Imperial Blue business division from Pernod Ricard India for €412.6 million (₹4,150 crore). The acquisition includes the Imperial Blue brand, India's third-largest whisky brand by volume. This strategic move marks Tilaknagar's entry into the whisky segment and is expected to significantly expand its distribution reach. The combined entity is projected to have a volume of 34 million 9-litre cases. Tilaknagar plans to raise up to ₹6,500 crore through a mix of debt and equity to finance the transaction. The deal is subject to regulatory approval and is expected to close in about 6 months.
22Jul 25
Tilaknagar Industries Eyes Imperial Blue Acquisition in ₹4,000 Crore Deal
Tilaknagar Industries is reportedly the front-runner to acquire Pernod Ricard's Imperial Blue whisky brand in a deal valued at ₹4,000 crore. The acquisition is expected to be funded through a combination of debt and equity. Tilaknagar's board is set to meet on July 23 to consider a fund-raising proposal. The company's stock has surged 8% to ₹453, with a 20% gain over the past five trading sessions. This potential acquisition could significantly strengthen Tilaknagar's position in the Indian whisky market.
21Jul 25
Tilaknagar Industries Under Scrutiny: Alleged Rs 2.18 Billion Kickback Scheme in Andhra Pradesh
Tilaknagar Industries, a major Indian liquor company, is facing allegations of paying Rs 2.18 billion in kickbacks to an Andhra liquor syndicate over five years. Andhra Police reports indicate the company received orders worth Rs 14.72 billion from 2019 to 2024, with the alleged kickbacks representing about 14.8% of this value. The accusations could lead to legal consequences, increased regulatory scrutiny, financial challenges, and reputational damage for the company.
20Jul 25
Tilaknagar Industries to Review Fundraising Proposal on July 23
Tilaknagar Industries Ltd. has scheduled a Board of Directors meeting on July 23, 2025, to consider a fundraising proposal. The company is exploring various options including issuing equity shares, convertible and non-convertible debentures, warrants, and other instruments. Fundraising methods under consideration include public offers, rights issues, private placements, and qualified institutions placement. If approved, shareholder consent will be sought via Postal Ballot or an Extraordinary General Meeting. The trading window for the company's equity shares is currently closed.
19Jun 25
Tilaknagar Industries Eyes $500 Million Acquisition of Imperial Blue Whisky
Tilaknagar Industries plans to acquire Pernod Ricard's Imperial Blue Whisky brand, aiming to raise $500 million through rupee-denominated Non-Convertible Debentures. Kotak Mahindra Bank and Avendus Capital are mandated to arrange the financing. The acquisition will be primarily funded through debt, with the remaining portion financed via equity. This move could significantly strengthen Tilaknagar's position in the Indian spirits market and diversify its whisky portfolio.
04Jun 25
Tilak Nagar Industries in Talks to Acquire Imperial Blue Brand from Pernod Ricard
Tilak Nagar Industries is reportedly leading negotiations to acquire the Imperial Blue whisky brand from Pernod Ricard. This potential acquisition could significantly expand Tilak Nagar's portfolio in the Indian alcoholic beverage market, potentially enhancing its market share, diversifying product offerings, and strengthening its position in the premium spirits segment. The move suggests Tilak Nagar is actively seeking growth opportunities in the competitive liquor industry. However, the negotiations are ongoing, and the final outcome is yet to be determined.
16May 25
Tilaknagar Industries Unveils Ambitious Growth Strategy and Financial Targets
Tilaknagar Industries plans to diversify beyond brandy, entering the super-premium whisky market by FY26. The company reported increased market share in Karnataka following excise duty reduction. For the current fiscal year, revenue growth is expected in the upper teens, with volume growth maintaining 20% momentum. EBITDA margin is projected to range between 15.50% to 17.00% over the next couple of years.
15May 25
Tilaknagar Industries: Q4 Net Profit Soars 146%, Stock Surges 14%
Tilaknagar Industries posted impressive Q4FY25 results with a 146% year-over-year increase in consolidated net profit to ₹77.00 crore. Revenue grew by 13.1% to ₹406.00 crore, while sales volume rose by 20.1%. The company's stock price jumped 14% following the announcement. A dividend of ₹1.00 per equity share was recommended.
14May 25
Tilaknagar Industries Reports Robust Q4 Performance with Soaring Profits and Announces Dividend
Tilaknagar Industries has reported impressive Q4 results with net profit soaring 145.71% year-over-year to ₹774.00 crore. Revenue grew 14.14% to ₹880.00 crore, while EBITDA increased to ₹784.00 million with an improved margin of 8.90%. The company has recommended a dividend of ₹1.00 per equity share.
16Apr 25
Tilaknagar Industries Receives Rs 38.62 Crore Partial Subsidy from Maharashtra Government
Tilaknagar Industries Ltd., a key player in the Indian spirits industry, has received a partial subsidy of Rs 38.62 crore from the Government of Maharashtra on April 15, 2025. The subsidy is related to the company's past investments in the state. This development was disclosed in a regulatory filing on April 16, 2025, in compliance with SEBI regulations. The financial boost is expected to positively impact the company's financial position and potentially support future operational improvements or strategic initiatives.
24Mar 25
Tilaknagar Industries Expands Product Line with Amara Artisanal Pink Vodka
Tilaknagar Industries, a major player in the Indian alcoholic beverage market, has announced the addition of Amara Artisanal Pink Vodka to its distribution lineup. This strategic move aims to diversify the company's product portfolio and tap into the growing premium spirits segment. The expansion aligns with current market trends favoring artisanal and flavored vodkas, potentially appealing to a broader consumer base and increasing Tilaknagar's market share in the competitive alcoholic beverage sector.