Intimation of 17th AGM of the Company to be held on Tuesday, July 08, 2025
Awaiting price reaction for this filing.
Allied Blinders and Distillers (ABDL) announced its FY25 audited results along with several board decisions. Standalone revenue from operations rose to ₹8,072.96 crore (from ₹7,668.57 crore in FY24), while profit after tax jumped sharply to ₹200.13 crore from just ₹6.72 crore a year ago. The board recommended a final dividend of ₹3.60 per equity share (face value ₹2), with a record date of June 27, 2025, subject to shareholder approval at the 17th AGM scheduled for July 8, 2025. The board also approved a proposal to raise up to ₹1,000 crore through equity, QIP, or convertible securities, and a ₹29 crore capex to triple bottling capacity at its Derabassi plant from 1 lakh to 3 lakh cases per month. Statutory auditors Walker Chandiok & Co LLP issued an unqualified audit opinion.
Strong earnings recovery and a robust dividend signal confidence, while the ₹1,000 crore fund-raising plan could lead to equity dilution and pressure the stock near-term. The income tax demand of ~₹377 crore (with 90% stayed) is a risk overhang, though the promoter's personal assurance to cover any liability is reassuring for shareholders.