Allied Blenders And Distillers Limited · NSE:ABDL
Allied Blenders And Distillers — Q1 FY2027 Earnings Presentation
39 slides from Allied Blenders And Distillers's earnings presentation, Jul 23, 2026
Slide 1: Stock exchange cover letter for Q1FY27 earnings presentation
July 23, 2026 To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G, Dalal Street Bandra Kurla Complex, Mumbai - 400 001 Bandra (E), Mumbai - 400 051 Scrip Code (BSE): 544203 Symbol: ABDL Our Reference No. 47/ 2026-27 Sub: Regulation 30 of th
Slide 2: Q1FY27 Earnings Presentation
Q1FY27 Earnings Presentation July 2026 (BSE: 544203 | NSE: ABDL)
Slide 3: Millionaire Brands at Global Scale
Millionaire Brands at Global Scale Officer's Choice ICONiQ White Sterling Reserve B7 #3 #1 #12 Top Whiskies Fastest Growing Top Indian Worldwide Whisky Worldwide Whiskies for 3 consecutive years: CY23,CY24 & CY25 *Drinks International Millionaires’ Club Report 2026
Slide 4: Agenda
Agenda 1 ABD Overview 4 2 Investment Case 5 3 Performance Highlights 6 4 ABD Maestro Update 10 5 Management Perspectives 19 6 Future Ready Transformation 20 7 Key Brand Portfolio Overview 29 8 5 Year Consolidated Financial Summary 37 3
Slide 5: ABD Overview: Millionaire Brands
ABD Overview 4 Millionaire Brands Prestige / Premium / Luxury Officer’s Choice Whisky Officer’s Choice Blue Whisky Launched in 1988 Launched in 2011 • Among top 10 global spirits brands • Regional power brand in the Prestige • 3rd largest whisky brand in the world category • Leverages strength of fl
Slide 6: ABD Investment Case
ABD Investment Case 1 Platform of scale in the attractive, rapidly premiumising Indian 4 Prestige & Above (P&A) brand portfolio well positioned for high growth consumer market trajectory • Expanded portfolio from Mass Premium to Super-Premium and • Driving aggregated market share in P&A whisky categ
Slide 7: Consolidated Q1FY27 Highlights YoY
Consolidated Q1FY27 Highlights YoY ABD Reports Steady Q1FY27 Performance as Premiumisation and Growth Investments Continue Income from Operations EBITDA • Topline driven by volume growth across portfolio: P&A volume by ₹ 984 Cr ₹ 120 Cr 10.7%, Mass Premium & Others volume by 2.3% vs ₹930 Cr Q1FY26 v
Slide 8: Consolidated Quarterly Performance Trend
Consolidated Quarterly Performance Trend Income from Operations (₹ Cr) EBITDA (₹ Cr) 5.8% 1.2% Topline growth: • Y-o-Y growth driven by volume growth across portfolio: 1,020 984 182 • P&A Category: 10.7% 930 • Mass Premium & Others: 2.3% 119 120 • Q1 low consumption quarter vs. Q4 due to seasonality
Slide 9: Q1FY27 Brand Portfolio Highlights
Q1FY27 Brand Portfolio Highlights Sales (₹ Cr) Q1FY27 Q4FY26 Q-o-Q Q1FY26 Y-o-Y Sales Contribution P&A 563 562 0.1% 485 16.0% Q1FY26 Q1FY27 59.3% Mass Premium & Others 386 413 (6.6%) 384 0.4% 55.8% Total Sales 949 976 (2.8%) 869 9.1% Others 35 44 (21.3%) 60 (42.5%) 44.2% 40.7% Income from Operations
Slide 10: Global Ambition: Expanding Our Export Footprint
Global Ambition: Expanding Our Export Footprint Overview • Asset light high profit export model • Profitability ~1.3x of domestic Russia Canada • Working capital ~1/3rd of domestic • Expanded reach by over ~2x in 21 months to Ukraine 39 countries in Jun-26 USA Spain • Maintain market share in GCC Le
Slide 11: ABD Maestro Update
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Slide 12: ABD Maestro: Unlocking the Luxury Opportunity Through Product Portfolio Approach
ABD Maestro: Unlocking the Luxury Opportunity Through Product Portfolio Approach Market Positioning Whisky Gin Portfolio with unique flavour price points through ‘Build, Buy & Partner’ Model* Enhanced consumer experience through unique blending and craftsmanship Leverage star power & creative vision
Slide 13: ABD Maestro: Unlocking the Luxury Opportunity Through Product Portfolio Approach
ABD Maestro: Unlocking the Luxury Opportunity Through Product Portfolio Approach Established Accelerated Presence within the First Year of Operations Expanding Presence Expanding Portfolio Manufacturing Readiness Readiness Manufacturing ~80% • Differentiated luxury portfolio • 3 Strategically locate
Slide 14: ZOYA Pink Mix Berries Gin: Expanding the Premium Gin Portfolio
ZOYA Pink Mix Berries Gin: Expanding the Premium Gin Portfolio Strengthening ABD Maestro's Premium Gin Portfolio Strategic Significance: • Further strengthens ZOYA's presence in the super-premium gin segment through a differentiated flavoured gin offering. • Expands the portfolio across high-growth
Slide 15: Bar Maestro: Pan-India Multi-City Bartenders' Championship
Bar Maestro: Pan-India Multi-City Bartenders’ Championship ABD Maestro Celebrates Craftsmanship and Elevates India's Cocktail Community About the Championship Cocktail Entries Overview ABD Maestro’s National 7 Million+ Views Bartending Platform Created to showcase India’s rising mixology talent and
Slide 16: ABD Maestro as Celebration Partner
ABD Maestro as Celebration Partner Strategic Sponsorships Strengthen ABD Maestro's Brand Visibility Republic Summit 2026 Business Today NDTV Food Awards 2026 India's Most Sustainable Best CEOs Companies Summit & Awards ABDL as Celebrity Partner Awards 2026 India Today Tourism Awards 2026 Fortune 100
Slide 17: Awards & Global Recognitions
Awards & Global Recognitions A Testament to ABD’s Excellence Best Factory / Management Award Icons of Whisky India Awards 2026 Best Use of Social Media • Awarded to ABD's integrated manufacturing facility • ABD Maestro won ‘Distiller of the Year’ • Rangeela won the Best Use of Social Media award at
Slide 18: Consolidated Income Statement
Consolidated Income Statement ₹ Cr Q1 FY27 Q4 FY26 Q-o-Q Q1 FY26 Y-o-Y Total Income 1,814 1,922 (5.6%) 1,783 1.7% Excise Duty 830 902 (7.9%) 854 (2.7%) Income from Operations 984 1,020 (3.6%) 930 5.8% Cost of Goods Sold 529 522 1.3% 524 0.9% Total Operating Expenses 335 316 5.9% 287 16.5% EBITDA 120
Slide 19: Improving Operating Cashflows & Disciplined Capital Deployment
Improving Operating Cashflows & Disciplined Capital Deployment Improving Operating Cashflows (OCF) and Financial KPIs ₹ Cr 147 215 174 • Consistently improving OCF (₹174 Cr in Q1 FY27) 51 driven by profitability and sustained working capital discipline • Planned ongoing EBITDA accretive capex progra
Slide 20: Management Perspectives
Management Perspectives • Our Q1FY27 performance reflects the continued progress of ABD’s transformation journey, underpinned by with steady topline growth, ongoing premiumisation of our portfolio and disciplined execution across the Portfolio Premiumisation Led Growth business. The Prestige & Above
Slide 21: Transformation Roadmap
Transformation Roadmap Value Accretive Profitable Growth Where were we? Where are we now? Way forward Initiative FY24 FY26 FY28 Revenue growth (YoY) 5.6% 5.6% 11.5% Revenue growth in mid-teens Topline growth with Overall growth in mid-teens (value) with P&A Salience (Volume) 37.3% 37.3% 47.2% Portfo
Slide 22: Portfolio In Place Across Growth Categories
Portfolio In Place Across Growth Categories 5500 5300 5000 Mass Prestige & Semi-Premium Premium Super-Premium to Luxury 5200 Premium & 4500 Others Russian 3950 Standard 4000 Platinum 3200 Arthaus Vodka MRP 750 ml SKU (₹) Blended Malt 3500 3200 Whisky 3200 Aodh Irish 3000 Whiskey 2700 2650 Pumori Gin
Slide 23: Capex Program: Driving Efficiency, Security and Returns
Capex Program: Driving Efficiency, Security and Returns Value Accretive Capex Program Financial Benefits 1. Multi year capex program focused on key markets: 1. Enhance EBITDA Margins by • Deepening backward integration • ~300 bps by FY28 • Strengthening supply chain security • Incremental ~100 bps b
Slide 24: Capex Program: Compelling Strategic Rationale
Capex Program: Compelling Strategic Rationale Rangapur: PET Bottles Manufacturing Rangapur: Malt Distillery Aurangabad: ENA Distillery2 1 2 3 600 Mn bottles PA 4.0 MLPA 11.0 MLPA Q2 FY26 Telangana H1 FY27 Telangana H1 FY28 Maharashtra • Investment: ₹115 Cr • Investment: ₹75 Cr • Investment (incl acq
Slide 25: Strategically Positioned Production Facilities
Strategically Positioned Production Facilities Distilleries (3) 4 Moradabad, UP* 1. Aurangabad: 11 MLPA + 50 MLPA Under Approval • Company announced acquisition of distillery cum bottling facility* 2. Rangapur: 60 MLPA • Facilitates backward integration 3. Vizianagaram: 66 MLPA • To be developed as
Slide 26: Distribution Depth That Enables Premium Scale
Distribution Depth That Enables Premium Scale 30+ Unique Proposition States and UTs Expertise in tariffs, distribution, and cost structures across diverse Route-To-Market 80,000+ channels: Retail Reach Punjab • Open Market Chandigarh Haryana • Government Market / Corporation Market 12 Delhi Sales Su
Slide 27: Board of Directors: Stewardship and Expertise
Board of Directors: Stewardship and Expertise Kishore Rajaram Chhabria Vivek Anilchand Sett Chairman & Non-Executive Director Independent Director • ABD • Ispat Industries • Nectar Life Sciences • Shaw Wallace & Company • Tata Teleservices • New Silk Route Advisors • Tata Realty and Infrastructure •
Slide 28: Senior Management Team: Industry and Multi Sector Experience
Senior Management Team: Industry and Multi Sector Experience Amar Sinha Ramakrishnan Ramaswamy Monish Bhasin Managing Director Chief Financial Officer Chief Revenue Officer Joined ABD In 2026, work experience +30 years Associated with ABD 14+ years, work Joined ABD In 2026, work experience ~28 years
Slide 29: Key Milestones
Key Milestones 2001 2017-19 2024 Yello Designer Whisky and 2026 Officer’s Choice Whisky ranked 3rd Aodh Irish Whiskey among the largest launched in Dec-25 Expanded offering to selling whisky brands prestige segment with Entered Premium globally in CY2021 Rangeela Vodka launched Acquisition of Distil
Slide 30: Key Brand Portfolio Overview
Key Brand Portfolio Overview Officer’s Choice Officer’s ICONiQ Golden Mist Sterling Srishti Kyron Sterling Rangeela Zoya Gin Yello Woodburns Segredo Pumori Aodh Arthaus Blended Russian Whisky Choice Blue White Brandy Reserve B7 Whisky Brandy Reserve B10 Vodka Designer Whisky Aldeia Gin Irish Malt Wh
Slide 31: ABD Portfolio Crafted for Growth
ABD Portfolio Crafted for Growth Indian Spirits Industry – 440 Mn cases Mass Premium Prestige & Semi-Premium Premium Super-Premium to Luxury (~104 Mn Cases) (~171 Mn Cases) (~33 Mn Cases) (~12 Mn Cases) Whisky Non-Whisky Whisky Non-Whisky Whisky Non-Whisky Arthaus Woodburns Aodh Irish Yello Designer
Slide 32: Mass Premium & Others
Mass Premium & Others Officer’s Choice Flagship brand continues to maintain market Awards Category: Whisky leadership in Mass Premium whisky segment • Leading the Mass Premium whisky segment in India for over a decade • India’s #1 exported whisky brand • Market leader in the Middle East; strengtheni
Slide 33: Prestige
Prestige Officer’s Choice Blue ICONiQ WHITE Category: Whisky Category: Whisky Millionaire Brand in the prestige segment offering distinguished Millionaire Brand Achieving Global Recognition in ~15 Months and appealing choice of Launch • Continues to enjoy position as a regional power brand in the P&
Slide 34: Prestige and Premium
Prestige and Premium Srishti Select Collection Category: Whisky (Prestige) Crafted to elevate the everyday whisky experience • Srishti is an Indian whisky infused with India’s golden saffron (Curcumin)—an ancient symbol of trade, tradition, and royalty • Positioned to attract value-conscious yet exp
Slide 35: Super-Premium to Luxury
Super-Premium to Luxury Zoya Gin Zoya Gin Flavours Category: Gin Category: Gin Strengthening the footprint in Super-Premium Segment Expanding our Gin Flavour Portfolio • 1st non whisky Super Premium brand launched in high growth, • Three new flavors - Watermelon Gin, Espresso Coffee high margin cate
Slide 36: Super-Premium to Luxury
Super-Premium to Luxury Arthaus Collective Woodburns Whisky Category: Whisky Category: Whisky Entry into Luxury Segment Expansion into Super-Premium Whisky Segment • Blended Malt Scotch whisky - crafted from a blend of Single Malts • Expanded into Super-Premium Whisky category through from Speyside
Slide 37: Super-Premium to Luxury
Super-Premium to Luxury Russian Standard Vodka Rangeela Vodka Category: Vodka Category: Vodka Entry into Luxury Vodka Segment Addition to Luxury Vodka Segment • Introduced the world's No. 1 Russian Premium Vodka to India • Introduced Rangeela Contemporary Indian Vodka as a homegrown brand within the
Slide 38: Consolidated Annual Financial Summary
Consolidated Annual Financial Summary Gross Margin (₹ Cr) EBITDA (₹ Cr) Income from Operations (₹ Cr) Net Profit (₹ Cr) Gross Margin (%) EBITDA Margin (%) 568 1,788 220 3,949 195 1,481 451 3,541 3,334 3,158 1,230 45.6% 1,173 2,697 1,057 14.4% 42.1% 248 208 12.7% 196 39.4% 37.3% 37.0% 7.7% 7.5% 6.2%
Slide 39: Disclaimer
Disclaimer This document contains ‘forward-looking’ statements. These statements can be identified by the fact that they do not relate only to historical or current facts. In particular, forward-looking statements include all statements that express forecasts, expectations, plans, outlook and projec
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