BSEMediumNeutral
Announced Thu, 15 May · 20:14 IST

Appointment of Secretarial Auditors

Management Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Allied Blenders and Distillers Limited reported audited FY25 results with standalone revenue from operations of Rs 8,072.96 crore and net profit of Rs 200.13 crore (EPS Rs 7.38), versus Rs 7,668.57 crore and Rs 6.72 crore in FY24. The Board recommended a final dividend of Rs 3.60 per share, with record date June 27, 2025. It also approved raising up to Rs 1,000 crore via equity, QIP, or other securities, and a Rs 29 crore capex to triple bottling capacity at its Derabassi plant from 1 lakh to 3 lakh cases per month. M/s. B.K. Pradhan & Associates was appointed as Secretarial Auditor for five years (FY26–FY30). The Income Tax Department raised a Rs 352.31 crore demand, of which 90% has been stayed; the Promoter Chairman assured personal funding for any ultimate liability.

Likely market impact

Strong earnings recovery with net profit nearly 30x year-on-year and a healthy dividend signal support shareholder returns, while the Rs 1,000 crore fundraise plan and capacity expansion indicate growth ambitions but may lead to dilution or higher debt. The tax demand overhang is partially mitigated by the stay and the promoter's personal assurance.