Tilaknagar Industries Ltd
NSE:TI
Tilaknagar Industries Ltd
Tilaknagar Industries Ltd. engages in manufacture and sale of Indian made foreign liquor. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2010-07-15. The firm is primarily involved in the manufacturing and sale of Indian Made Foreign Liquor (IMFL) and extra neutral alcohol. The firm has diverse portfolio of brands in various liquor categories, including brandy, whisky, vodka, gin, and rum. Its brand portfolio includes Mansion House Brandy, Courrier Napoleon Brandy-Green, Courrier Napoleon Brandy-Red, Vodka, Mansion House Whiskey, Senate Royale Whiskey, Madira Rum, and Blue Lagoon Gin. The company provides a range of recipes, which includes Brandy Flip, Brandy Eggnog, Brandy High Ball, Brandy Milk Punch, Metropolitan, Lumumba, Chicago Cocktail, Apple Fizz, Lebrandy Milk Bonanza, Brandy Collins, Mata Hari, Cuban Libre, Brandy Smash, And The Warm Punch. The company has one owned facility, approximately three operating liquor subsidiaries, three leased and over nine tie-up units located across India. The company exports its products to East and South-East Asia, Africa, the Middle East, and Europe.
Tilaknagar Industries Ltd. engages in manufacture and sale of Indian made foreign liquor. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2010-07-15. The firm is primarily involved in the manufacturing and sale of Indian Made Foreign Liquor (IMFL) and extra neutral alcohol. The firm has diverse portfolio of brands in various liquor categories, including brandy, whisky, vodka, gin, and rum. Its brand portfolio includes Mansion House Brandy, Courrier Napoleon Brandy-Green, Courrier Napoleon Brandy-Red, Vodka, Mansion House Whiskey, Senate Royale Whiskey, Madira Rum, and Blue Lagoon Gin. The company provides a range of recipes, which includes Brandy Flip, Brandy Eggnog, Brandy High Ball, Brandy Milk Punch, Metropolitan, Lumumba, Chicago Cocktail, Apple Fizz, Lebrandy Milk Bonanza, Brandy Collins, Mata Hari, Cuban Libre, Brandy Smash, And The Warm Punch. The company has one owned facility, approximately three operating liquor subsidiaries, three leased and over nine tie-up units located across India. The company exports its products to East and South-East Asia, Africa, the Middle East, and Europe.
Strong Volume Growth: Tilaknagar Industries delivered 16.2% year-on-year volume growth in Q2, maintaining its recent growth trajectory.
Revenue & Profitability: Q2 revenue was INR 398 crores, with H1 FY '26 revenue at INR 807 crores, up 17.4% year-on-year. EBITDA margin for the first half stood at 19.2%.
Premiumization Progress: The company sees continued success with its premium and luxury brands, including launches and expanded distribution for Monarch Legacy Edition Brandy and Spaceman Spirits portfolio.
Imperial Blue Acquisition: CCI approval for acquiring Imperial Blue from Pernod Ricard was received; the deal is expected to close in Q3 FY '26. Integration is underway, with professionals onboarded.
Capital Raise: Company raised INR 986 crores through preferential issue as part of a larger INR 2,296 crores fundraise, supporting the Imperial Blue acquisition and maintaining a balanced capital structure.
Guidance: For FY '26, management expects mid-teen percentage volume growth, with revenue growth slightly lower due to base effects. Margins for the year are expected to remain similar or slightly higher than H1 levels.
