Announced Tue, 4 Nov · 19:33 IST

Allied Blenders and Distillers Limited has submitted to the Exchange, the financial results for the period ended September 30, 2025.

Emphasis Of MatterRevenue DeclinePat Growth 25pctEbitda Margin ExpansionResults View source PDF

ABDL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

ABDL reported Q2 FY26 standalone revenue from operations of ₹1,94,413.61 lakhs, down about 4.2% from ₹2,02,910.49 lakhs in Q2 FY25. H1 FY26 revenue fell roughly 2% to ₹3,71,607.68 lakhs. Despite the revenue dip, standalone profit after tax jumped nearly 48% to ₹7,180.14 lakhs in Q2 and more than doubled to ₹13,271.23 lakhs in H1, helped by lower excise duty and finance costs. EBITDA margin expanded sharply from about 5.2% to about 7.1% in Q2. Operating cash flow swung strongly positive to ₹18,121.97 lakhs in H1 FY26 versus a large outflow last year. The auditor issued an unqualified limited review but flagged two emphasis-of-matter items: a CSD customer dispute of about ₹3,399 lakhs and the December 2023 Income Tax search raising a demand of about ₹35,231 lakhs (90% stayed, promoter assured personal funding). The Board also approved a Scheme of Amalgamation bringing Deccan Star Distilleries and Sarthak Blenders into ABDL.

Likely market impact

For shareholders, the picture is mixed: weak top line but strong profit growth, expanding margins and a sharp swing to positive operating cash flow are positives for the stock. The CSD dispute and large tax demand (largely mitigated by the stay and promoter backing) remain key overhangs to monitor, while the proposed amalgamation could simplify the group structure going forward.