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24th Sep · SEBI-Registered Analyst

Tilaknagar Industries Latest Updates

TI
Financial Performance: The company has reported strong financial results for the first quarter of fiscal year 2025-26. Revenue increased by over 31% year-on-year, and net profit saw a significant jump of more than 120% compared to the same period last year. The company's annual net profit for FY25 also grew by over 64% year-on-year. Acquisitions and Investments: Tilaknagar Industries has entered into a definitive agreement to acquire the Imperial Blue whisky brand from Pernod Ricard for approximately ₹4,150 crore. This strategic move, which awaits approval from the Competition Commission of India (CCI), is expected to be completed by the end of 2025. The company has also made a follow-on investment in Spaceman Spirits Lab, increasing its stake in the premium craft spirits maker. Expansion and Capacity: To support its growth and the Imperial Blue acquisition, Tilaknagar Industries is expanding its bottling capacity. It has announced a six-fold capacity addition at its Prag Distillery in Andhra Pradesh, increasing it from 6 lakh to 36 lakh cases annually, with a planned investment of ₹59 crore. Corporate Actions and Product Launches: The company has announced a final dividend of ₹1 per share for FY 2024-25, which is its highest dividend in 15 years. Tilaknagar Industries has also been expanding its product portfolio, with recent launches including a new Green Apple flavor for its Mansion House Flandy (flavored brandy) range. It also launched a new luxury brandy, "Monarch Legacy Edition."

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