Awaiting price reaction for this filing.
Allied Blenders and Distillers (ABDL), known for Officer's Choice whisky, reported audited FY25 results with standalone revenue from operations of Rs 8,072.96 crores (up ~5% YoY) and a sharp jump in standalone profit after tax to Rs 200.13 crores versus Rs 6.72 crores in FY24. Consolidated PAT rose to Rs 194.85 crores from Rs 1.83 crores. The board recommended a final dividend of Rs 3.60 per share (face value Rs 2) with a record date of June 27, 2025, and AGM scheduled for July 8, 2025. The board also approved raising up to Rs 1,000 crores through equity shares, convertibles, QIP, preferential allotment, or other securities in one or more tranches, subject to shareholder approval. Additionally, capex of up to Rs 29 crores was approved to triple bottling capacity at the Derabassi (Punjab) plant from 1 lakh to 3 lakh cases per month.
Strong FY25 earnings turnaround with a near 30x jump in standalone PAT is positive for shareholders. The proposed Rs 1,000 crore fund raise, though purpose not specified, could lead to equity dilution if executed via QIP or preferential allotment. Dividend announcement provides income to shareholders, while capex signals growth in premium/luxury bottling capacity.