18th AGM to be held on Monday, July 06, 2026 at 03.00 p.m. through VC
ABDL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Allied Blenders and Distillers Limited held its Board Meeting on May 14, 2026, approving the audited FY2026 financial results. Despite a revenue decline to Rs 7,50,983 lakhs from Rs 8,07,296 lakhs YoY, profit after tax rose significantly to Rs 26,833 lakhs from Rs 20,013 lakhs, driven by lower excise duty and cost efficiencies. Basic EPS improved to Rs 9.59 from Rs 7.38. The Board recommended a 50% higher final dividend of Rs 5.40 per share (Rs 3.60 last year), with record date June 26, 2026, subject to shareholder approval at the 18th AGM on July 6, 2026. Separately, the company proposed raising up to Rs 1,000 crores via equity/debt instruments through public offerings, preferential allotment, or QIP. The auditor issued an unmodified opinion. Key legal matters include a CSD customer dispute (Rs 3,399 lakhs, contested) and Income Tax search (tax expense Rs 2,608 lakhs recorded, with promoter guarantee for any ultimate impact).
The company delivered strong profit growth despite lower revenue, suggesting improved operational efficiency. A 50% dividend hike signals management confidence in cash generation. The Rs 1,000 crore fund-raising plan could dilute existing shareholders if implemented, while ongoing legal disputes add some uncertainty.