Please find enclosed Annual Report along with Notice of AGM of the Company for the Financial Year ended March 31, 2025
Awaiting price reaction for this filing.
Allied Blenders and Distillers Limited (ABDL) submitted its Annual Report for FY25 (year ended March 31, 2025) along with the notice for its 17th AGM, scheduled for July 8, 2025 at 3:00 PM via video conference. The company posted record financials: revenue from operations of ₹3,541 Crores (up 6.2% YoY), highest-ever EBITDA of ₹451 Crores (up 81.7%), and PAT of ₹195 Crores versus just ₹2 Crores in FY24. Gross margin expanded 512 bps to 42.1% and EBITDA margin improved 530 bps to 12.7%, driven by premiumisation and cost optimisation. Prestige & Above volume salience rose to 40.4% from 37.3%, led by ICONiQ White (5.7 million cases, 151% growth). The Board has recommended a 180% final dividend (₹3.6 per share). The company committed ~₹525 Crores to backward integration (ENA plant, single malt distillery, PET bottling), acquired Woodburns, Pumori and Segredo Aldeia brands, partnered with Roust Corporation for Russian Standard Vodka, and expanded exports to 23 countries. Net debt to equity improved sharply to 0.5x from 1.8x, and credit rating was upgraded to IND A- with positive outlook.
A routine but strongly positive regulatory filing. The record profitability, 180% dividend, and upgraded credit rating should be well-received by shareholders. The detailed growth strategy around premiumisation and backward integration reinforces the post-IPO momentum story.