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NSE:TI

TILAKNAGAR INDUSTRIES LTD

Fast Moving Consumer Goods › Beverages·NIFTY MICROCAP 250NIFTY SMALLCAP 500NIFTY TOTAL MARKET
₹486.55
at close · 27 Oct 2026
▲ 1.35 (+0.28%)

Latest filings

Next results: Fri, 30 Oct · Financial Results
  1. Tilaknagar schedules Q2 FY27 earnings call for October 31 · Board & Shareholder Meetings
  2. Board to approve September 2026 quarterly and half-year results · Results
  3. DRI searches Tilaknagar offices over HSN code review for bulk Scotch imports · Regulatory & Legal
All filings ↓
Ask Nexa about TILAKNAGAR INDUSTRIES LTD

Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Makes and sells Indian-made foreign liquor (IMFL), primarily whisky and brandy, in India. Imperial Blue whisky was acquired from Pernod Ricard in late 2025 and has become the largest selling deluxe whisky in the country, driving the bulk of consolidated volumes. The rest of the portfolio includes Mansion House Brandy, and a luxury and super-premium line of Monarch, Seven Islands and Samsara, with a 41.45% stake in ready-to-pour cocktail mixer brand Bartisans. It is the largest domestic Prestige & Above (P&A) spirits player in India (third overall) and the largest in South India with about 40% market share; in Telangana it is the largest IMFL player with 40% share. In Q1 FY27 it sold 8.7 million cases at a net revenue of ₹1,046 cr and 16.1% EBITDA margin; FY26 revenue was ₹5,247.58 cr. Materials account for 25.7% of revenue and other operating expenses for 66.3%, with glass packaging and Extra Neutral Alcohol (ENA) flagged as key cost lines. Imperial Blue integration is 90% complete and net debt of ₹2,100 cr is being reduced.

Operating scale
Q1 FY27 total volume
8.7 million casesQ1 FY27
Imperial Blue volume
5.4 million cases (+18% QoQ)Q1 FY27
Highest monthly volume
3.4 million casesJune 2026
South India P&A market share
approximately 40%Q1 FY27
Imperial Blue integration
90% transitioned to TI-operated unitsQ1 FY27
Net debt
₹2,100 cr (target ₹1,700 cr by Mar-27)Q1 FY27
Who pays it
Indian consumers of IMFL, reached via state-level distribution and ~28,000 retail outlets activated in Q1 FY27
Biggest cost
Glass packaging and Extra Neutral Alcohol (ENA), within materials at 25.7% of revenue
Kind of business
Brand-led IMFL distiller with recent large acquisition, still integrating and de-levering
Where it sits
Largest domestic Prestige & Above IMFL player in India (third overall), and largest in South India with ~40% market share
Market Cap
₹12,015 Cr
P / E (TTM)
—
EV / EBITDA
54.6×
Div Yield
0.16%
Growth
29.9%▲
Revenue 5y CAGR
PAT — · EBITDA +26.6%
Quality
21.2%▲
ROCE (5y median)
ROE 26.0% (5y median) · margin 4.1%
Leverage
0.77·
Debt / Equity · moderate
Net debt ₹2,077 Cr
Revenue FY21→FY26
3.7×▲
Margin +3.1 pts
₹1,418 Cr → ₹5,248 Cr
Cash conversion
-0.02×▼
Operating cash ÷ profit · 5 yrs
₹-9 Cr on ₹584 Cr
Moves on a normal day
1.24%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 25 Breweries & Distilleries peersBar = share of peers beaten · tick = industry median · latest reported figures
P/B#17/25
ROCE#18/26
ROE#16/25
Debt / Equity#19/25
EBITDA margin#12/23
Revenue growth#3/22
Profit growth#19/23

Scorecard

Measured from the filed financials, judged against its Breweries & Distilleries peers · as of FY26 — not investment advice

Strengths
Revenue compounding 30% a year over 5 years
Returns on capital 21.2% (5-year median)
#18 of 26 in Breweries & Distilleries on the latest reported figures · down from 5.2% in FY21
Pays out 93% of profit as dividend
Concerns
Carries more debt than its peers — 0.77× equity
higher than 75% of its 25 Breweries & Distilleries peers
Over 5 years it reported ₹584 Cr of profit and an operating cash outflow of ₹9.02 Cr — -0.02×
Less than 60p of every ₹1 of profit arrived as cash
Customers are taking longer to pay — 47 → 88 days of receivables
FY21 → FY26

Charts

How has the market priced it — with filings on the timeline?

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from TILAKNAGAR INDUSTRIES LTD's filed financials and exchange disclosures

What does TILAKNAGAR INDUSTRIES LTD do?

TILAKNAGAR INDUSTRIES LTD is a Beverages company listed on NSE and BSE, trading under the symbol TI.

Is TILAKNAGAR INDUSTRIES LTD profitable?

No. Over the trailing twelve months TILAKNAGAR INDUSTRIES LTD reported a net loss of ₹36 Cr on revenue of ₹6,711 Cr.

Does TILAKNAGAR INDUSTRIES LTD pay a dividend?

Yes. The dividend yield is 0.16% at the current price. It paid out 93% of its profit as dividend in FY26.

Is TILAKNAGAR INDUSTRIES LTD debt-free?

No. It reported borrowings of ₹2,295 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹2,077 Cr after cash. Debt stands at 0.77× equity. That is higher than 75% of its 25 Breweries & Distilleries peers.

How much does the TILAKNAGAR INDUSTRIES LTD share price move in a day?

On a typical session TILAKNAGAR INDUSTRIES LTD moves 1.24% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

When are TILAKNAGAR INDUSTRIES LTD's next results?

Financial Results on Fri, 30 Oct. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track TILAKNAGAR INDUSTRIES LTD's announcements?

Every NSE and BSE filing by TILAKNAGAR INDUSTRIES LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.