Capacity addition at Company''s existing plant situated at Derabassi, Punjab
Awaiting price reaction for this filing.
Allied Blenders and Distillers (ABDL) plans to invest up to Rs. 29 crore to upgrade and expand its existing bottling plant at Derabassi, Punjab. The plant currently runs at 100% utilization with capacity of 1 lakh cases per month, and will be expanded to 3 lakh cases per month (adding 2 lakh cases) within 12 months. The capex will be funded through borrowings and internal accruals. The expansion also adds facilities to blend and bottle luxury brands in smaller batches. The announcement was part of a broader board meeting outcome that also included approval of FY25 audited results (standalone net profit Rs. 200 crore vs Rs. 6.7 crore last year), a final dividend of Rs. 3.60 per share, and a proposal to raise up to Rs. 1,000 crore through equity or convertible securities.
This is a modest capacity expansion (Rs. 29 crore is roughly 2% of standalone networth) that addresses the existing plant's full utilization and supports growth in luxury brand bottling. Positive for long-term growth but not large enough to materially move the stock. The separate Rs. 1,000 crore fund-raising proposal is a more significant item that could lead to equity dilution.