Tilaknagar shares jump 8% as Q1 profit doubles, whiskey foray boosts outlook

2 hours ago 1

Tilaknagar Industries Shares Today: Shares of Tilaknagar Industries were trading over 8 per cent to Rs 511 on Tuesday post Q1 results, with strong gains in profit, revenue, and margins. The liquor company recently entered the whiskey space by acquiring Imperial Blue.

The company posted a net profit of Rs 88.5 crore, up 121% from Rs 40 crore in the same quarter last year. Revenue rose 31 per cent to Rs 409 crore, while EBITDA jumped 89 per cent to Rs 94.5 crore. Margins also moved sharply higher — up to 23.1 per cent from 16 per cent a year ago.

AT 13:12 pm, shares of Tilaknagar Industries were up by 5.38 per cent on Tuesday. 

What’s behind the numbers?

Management points to a combination of operational efficiency, scale, and stronger demand. Investors seem to agree — the stock has now gained 12 per cent this year, handily beating the Nifty 50, which is up around 2 per cent in the same period.

Prag Distillery Expansion

To keep up with demand, the board approved a Rs 25 crore investment in Prag Distillery, a subsidiary, to scale bottling capacity. The upgrade will take capacity from 6 lakh cases per year to 36 lakh, a sixfold jump. The facility is already running near full tilt and the expansion is expected to wrap up in the next 12 months.

Big Whiskey Play

Another major move: the acquisition of Imperial Blue, one of India’s top whiskey brands, from Pernod Ricard India, for Rs 4,150 crore. With this deal, Tilaknagar steps into the high-volume whiskey segment — a space it wasn’t playing in until now.

This puts the company in a powerful spot across both brandy and whiskey — two of the largest segments in India’s liquor market. For a company once known for being brandy-heavy, this marks a major strategic shift.

Read Entire Article