Piccadily Agro Industries Limited · NSE:PICCADIL
Piccadily Agro Industries — Q1 FY2026-27 Earnings Presentation
55 slides from Piccadily Agro Industries's earnings presentation, Aug 11, 2026
Slide 1: Exchange filing cover letter
Dated: 11th August, 2026 To, To, BSE Limited The National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, G Block Dalal Street, Mumbai – 400 001 Bandra Kurla Complex, Bandra East, Mumbai-400051 BSE Scrip Code : 530305 NSE Symbol: PICCADIL Subject: Earnings pr
Slide 2: Q1 FY 2026-27 Earnings Presentation
Q1 FY 2026-27 Earnings Presentation
Slide 3: Disclaimer
Disclaimer This presentation may include forward-looking statements regarding our Company’s future performance, including sales, revenues, earnings, strategic initiatives and market positioning. These statements are based on management’s current expectations but are subject to uncertainties such as
Slide 4: Management's Message
Management’s Message The Company delivered a strong performance during Q1 FY27. Revenue from operations of the company increased by 18.1% YoY to Rs. 270 Cr, with Distillery Revenue up 26.3% YoY to Rs. 206 crores. Our Branded Alcobev business, comprising the premium, super-premium and luxury segment
Slide 5: Q1 FY 2026-27 Performance Highlights
Q1 FY 2026-27 Performance Highlights P I C C A D I LY E A R N I N G S P R E S E N TAT I O N @ 2 0 2 6 - 2 7 5
Slide 6: Company Snapshots Q1 FY 2026-27
Company Snapshots Q1 FY 2026-27 30 KLPD 420 KLPD 87,000 4 IMFL brands Ethanol/ ENA plants Indri, Camikara, Malt plant Number of Barrels in Haryana and Cashmir and Whistler under maturation Chhattisgarh Indri top selling #1 Indian Single Malt globally and India 31 35 29 Countries Duty Free Outlets In
Slide 7: Q1 FY 2026-27 Highlights
Q1 FY 2026-27 Highlights: Q1 J 273.6crore J 47.2crore J 21.8crore Total Income EBITDA PAT 19.1% Y-o-Y growth 21.0% Y-o-Y growth 15.4%* Y-o-Y growth 18.5% 2.21 EBITDA Margin* EPS 30 bps 10.5% Y-o-Y growth Y-o-Y growth * On revenue from operations less Branded Aclobev excise P I C C A D I LY E A R N I
Slide 8: Financial Performance
Financial Performance Standalone Profit & loss Standalone Financials Q1 Y-o-Y Q4 Q-o-Q 12M Y-o-Y Particular (Figures in J Cr) FY26 FY25 Growth (%) FY26 Growth (%) FY26 FY25 Growth (%) Revenue from Distillery Vertical 205.7 162.8 26.3% 246.3 -16.5% 902.1 636.8 41.7% Revenue from Sugar Vertical 64.8 6
Slide 9: Financial Performance contd...
Financial Performance contd... Standalone Financials Q4 Y-o-Y Q3 Q-o-Q 12M Y-o-Y Particular (Figures in J Cr) FY26 FY25 Growth (%) FY26 Growth (%) FY26 FY25 Growth (%) EBITDA 47.2 39.0 21.0% 76.1 -38.0% 243.2 191.4 27.1% Finance Costs 8.7 8.6 0.6% 6.9 24.5% 27.7 27.8 -0.6% Depreciation And Amortizat
Slide 10: Financial performance contd...
Financial performance contd... Q1 Company Revenue from operations grew 18.1% YoY to Rs. 270 Cr led by distillery division. As capacity utilisation at Indri and Chhattisgarh improves, share of revenue from distillery will increase further. EBITDA increased by 21.0% YoY to Rs. 47 Cr EBITDA margin at 1
Slide 11: Q1 FY 2026-27 Business Highlights
Q1 FY 2026-27 Business Highlights Expansion at Indri facility and Chhattisgarh facility completed - Adding heft to the company’s capacity Indri Facility Expansion Expansion completed, capacity utilisation for Malt and ENA/ Ethanol being increased gradually in line with requirement Procurement of add
Slide 12: Q1 FY 2026-27 Business Highlights Contd.
Q1 FY 2026-27 Business Highlights Contd. IMFL sales continue their growth trajectory Maturation capacity enhanced Branded alcobev products (Indri, Camikara, Cashmir and Whistler) sales volumes grew Number of barrels- 3,200 added taking total to 87,000 as of 30.6.2026 – additional 56% in Q1 YoY procu
Slide 13: Moving Towards Branded and Premium Portfolio
Moving Towards Branded and Premium Portfolio Over the last five years, we have steadily shifted our revenue profile from bulk commodity-based sales towards branded and premium alcoholic beverages. The focus has progressively shifted towards value-added and Branded Alcobev products. Revenue Compositi
Slide 14: EBITDA Margin by Business
EBITDA Margin by Business 35.0% 31.5% 30.2% 30.0% 26.9% 25.0% 23.4% 19.3% 21.4% 18.4% 20.0% 15.0% 10.0% 10.0% 1.5% -1.1% 0.0% -2.3 -5.0% -4.6% FY23 FY24 FY25 FY26 Sugar Company Distillery Distillery margin will depend on share of Branded Alcobev products in sales and within that premium and luxury P
Slide 15: The Opportunity
The Opportunity Indian Economy Rising Urbanization Premiumization Continues India’s nominal GDP is India’s urban population is India’s whisky market is expected to grow from USD expected to exceed 40% by premiumising rapidly. IMFL 4 trillion to USD 7.3 trillion 2030 from current levels of whisky sal
Slide 16: Growth Drivers of Premium Alcohol Market in India
Growth Drivers of Premium Alcohol Market in India We have recorded consistent growth, driven by shifting consumer preferences and aligned with key market trends. Premiumisation Driven Strong Demand for Artisanal Ingredient and Process- Revenue Premium Spirits by Younger Consumers and Craft Spirits l
Slide 17: Company Overview
Company Overview P I C C A D I LY E A R N I N G S P R E S E N TAT I O N @ 2 0 2 6 - 2 7 17
Slide 18: Introduction
Introduction Crafting Excellence, Redefining India’s Crafting the Future Premium Alco-Bev Landscape We operate across two strategic pillars, each driven by a commitment to excellence and innovation: Piccadily Agro Industries Ltd. (PAIL) is a name synonymous with heritage, craftsmanship and innovatio
Slide 19: Introduction contd...
Introduction contd... Architects of Premium Spirits A Portfolio of Distinction Piccadily Agro is at the forefront of India’s evolving spirits landscape, by driving premiumization and setting new benchmarks in craftsmanship and innovation. With an insightful grasp of market dynamics and a steadfast d
Slide 20: What Makes Our Products Unique
What Makes Our Products Unique Each of our product has been created following the best in class processes and global standards thereby imparting uniqueness INDRI CAMIKARA CASHMIR Indian Single Malt Whisky Pure Cane Juice Rum Heritage Grain Vodka Triple Wood Maturation India’s First Pure Cane Juice R
Slide 21: From India to the World: A Story of Award-Winning Excellence
From India to the World: A Story of Award- Winning Excellence Piccadily Agro Industries Limited has emerged as a strong global spirits player, with unique award-winning products and brands like Indri, Camikara, Cashmir and Whistler showcasing quality, innovation and authenticity. From India’s first
Slide 22: Our Journey
Our Journey 2026 2025 2024 2023 Launched 2022 Indri Rudhira Launched 2017 Cashmir, Indri Launched Agneya, Dubai Indri ilika Released City Series, 2010 Indri Diwali Collectors Indri Diwali Expanded the Collectors 2007 Indri portfolio Edition 2024 Edition 2025 Introduced with Dru and and Bengaluru Diw
Slide 23: From Local to Global: A Journey of Excellence
From Local to Global: A Journey of Excellence Ladakh Jammu and Netherlands Kashmir Leh Himachal Pradesh Norway Arunachal Pradesh Punjab Canada Belgium Uttrakhand Latvia Assam UK Poland Chandigarh Germany Haryana Meghalaya France Switzerland Delhi Spain Japan Uttar Pradesh USA Rajasthan 31 Israel Nep
Slide 24: Indri - Raising The Bar: A Spirit Designed to Inspire
Indri - Raising The Bar: A Spirit Designed to Inspire Indri is one of the most awarded Indian single malt whisky in the world. Launched in 2022, it has quickly become the fastest-growing single malt globally, earning over 139 prestigious accolades, including ‘Best Indian Single Malt’ and ‘Best Whisk
Slide 25: The Rise of Indri: Leading Brand Amongst Single Malts in India
The Rise of Indri : Leading Brand Amongst Single Malts in India, Winning Awards Globally Largest selling Single Malt in India, for two consecutive years 2024 2025 P I C C A D I LY E A R N I N G S P R E S E N TAT I O N @ 2 0 2 6 - 2 7 25
Slide 26: Camikara
Camikara Camikara, derived from the Sanskrit word meaning “liquid gold,” is India’s first Pure Cane Juice Premium Aged Rum, redefining the country’s rum legacy. Aged in American oak barrels, Camikara stands apart with no added colors, flavors, sugar, or spices, delivering a truly authentic and refin
Slide 27: P I C C A D I LY E A R N I N
P I C C A D I LY E A R N I N G S P R E S E N TAT I O N @ 2 0 2 6 - 2 7 27
Slide 28: P I C C A D I LY E A R N I N
P I C C A D I LY E A R N I N G S P R E S E N TAT I O N @ 2 0 2 6 - 2 7 28
Slide 29: Mastery in Every Sip: Premium and Luxury Spirits Across Price Segments
Mastery in Every Sip: Premium and Luxury Spirits Across Price Segments Blended Whisky Aged Rum Single Malt Whisky Vodka (J 5,000+) ULTRA - LUXURY (J 2,000 – 5,000) Price/bottle in Haryana (J) LUXURY Coming Soon Coming Soon (J 1,000 – 2,000) SUPER PREMIUM Coming Soon (J 500-1,000) PREMIUM P I C C A D
Slide 30: Recent Launches: Limited Release
Recent Launches Limited Release Indri Rudhira is a bold expression born from the pursuit of the rarest and most remarkable casks in whisky-making— led by the award-winning Indri by Piccadily Distillery, in collaboration with The Dram Club, to uncover rare and unique cask profiles. Limited to only 25
Slide 31: Launch Date: 04.06.26
Launch Date: 04.06.26 P I C C A D I LY E A R N I N G S P R E S E N TAT I O N @ 2 0 2 6 - 2 7 31
Slide 32: Indri Introduces The IMWA Certification Hologram
Indri Introduces The IMWA Certification Hologram On It’s Bottles, Reinforcing Authenticity And Trust Starting immediately, Indri Single Malt bottles will carry the Indian Malt Whisky Association (IMWA) Certification Hologram, reaffirming our commitment to authenticity, transparency and globally reco
Slide 33: Charting the Path to Excellence: Our Strategic Vision
Charting the Path to Excellence: Our Strategic Vision Innovate Expand and Elevate Horizons Distillery segment continues to grow Distribution continues to be strengthened domestically and Piccadily produces innovative products with control on raw internationally – present across relevant outlets in T
Slide 34: Scaling for the Future: Expanding Horizons, Strengthening Capabilities
Scaling for the Future: Expanding Horizons, Strengthening Capabilities Indri, Haryana Mahasamund, Chhattisgarh Expansion completed to 200 KLPD distillery for ENA, increase distillery capacity Ethanol commissioned from 78 KLPD to 220 KLPD Sales commenced and for ENA, Ethanol and from 12 planning to l
Slide 35: Expansion Update
Expansion Update Indri, Haryana Highlights Expansion completed to increase distillery capacity from 78 KLPD to 220 KLPD for ENA, Ethanol and from 12 KLPD to 30 KLPD for malt Barrels procurement ongoing to increase to 100,000 by March, 2027 Barrel warehousing capacity enhanced Planning to launch more
Slide 36: Expansion Update contd.
Expansion Update contd. Mahasamund, Chhattisgarh 200 KLPD distillery for ENA, Ethanol commissioned Sales commenced and planning to launch Branded Alcobev products P I C C A D I LY E A R N I N G S P R E S E N TAT I O N @ 2 0 2 6 - 2 7 36
Slide 37: Expansion Update contd.
Expansion Update contd. Portavadie, Scotland Milestones: Highlights Capex Evaluation of suitable plant and machinery Year XX in progress Board Land Statutory Funding approval acquisition appovals tie up FTA with UK in operation, multiple opportunities have arisen Activity Presence in Scotland provid
Slide 38: Domestic Market - Experiential Events & Activations
Domestic Market - Experiential Events & Activations Curated pairing at Red Narkanda, Marriage in session by Gabstheoriginal Exclusive dinner curated by Anoothi Vishal. Shimla Exclusive Indri Tasting hosted by Angad Singh Exclusive pouring at Chef story Gandhi for HDFC. event @ Quorum, Gurugram. Excl
Slide 39: Activations at Key Outlets
Activations at Key Outlets Camikara Bike Installation Whistler Haryana Grooming Kit Offer Camikara Rhum Bar DJ Console Cashmir Mark Lloyd Behind the Bar Whistler Haryana Scratch Card Activity P I C C A D I LY E A R N I N G S P R E S E N TAT I O N @ 2 0 2 6 - 2 7 39
Slide 40: Activations at Retail Outlets
Activations at Retail Outlets Trade Offerings with 1 Highball Branded Indri FSU at G Town, Gurugram Camikara Wall-bay at CSD Glass Whistler Retail Display, Harayana P I C C A D I LY E A R N I N G S P R E S E N TAT I O N @ 2 0 2 6 - 2 7 40
Slide 41: International Market - Experiential Events & Activations
International Market - Experiential Events & Activations Mauritius - Indri Launch Event, May 2026 Osaka Whisky Festival Fukuoka Whisky Festival - 14th June, 2026 Food, Hotel & Tourism Bali 28th to 30th April, 2026 USA - Taste & Spirit of India, 18th June, 2026 P I C C A D I LY E A R N I N G S P R E
Slide 42: International Market - Experiential Events & Activations
International Market - Experiential Events & Activations Indri & Camikara at the Rhein Ruhr Whisky Fair, Germany 11th-12th April 2026 T.O Food & Drink Fest, 17-19th April France - Camikara Paris Rum Fest, 18th-20th April, 2026 P I C C A D I LY E A R N I N G S P R E S E N TAT I O N @ 2 0 2 6 - 2 7 42
Slide 43: International Business Activations
International Business Activations Aster Liquor Edmonton Liquor 23 Edmonton Waves Wine & Spirits, Calgary Liquorano Store, Calgary P I C C A D I LY E A R N I N G S P R E S E N TAT I O N @ 2 0 2 6 - 2 7 43
Slide 44: Activations at Global Travel Retail
Activations at Global Travel Retail SYDNEY – Heinemann duty Indri Sydney Duty Free free TURKEY – Unifree duty free Toronto Pearson Airport Dutyfree TFWA Singapore Indri ilika Delhi Duty Free Turkey Duty Free P I C C A D I LY E A R N I N G S P R E S E N TAT I O N @ 2 0 2 6 - 2 7 44
Slide 45: PR and Media Coverage
PR and Media Coverage P I C C A D I LY E A R N I N G S P R E S E N TAT I O N @ 2 0 2 6 - 2 7 45
Slide 46: PR and Media Coverage
PR and Media Coverage P I C C A D I LY E A R N I N G S P R E S E N TAT I O N @ 2 0 2 6 - 2 7 46
Slide 47: Digital Footprints
Digital Footprints Image to come P I C C A D I LY E A R N I N G S P R E S E N TAT I O N @ 2 0 2 6 - 2 7 47
Slide 48: International PR & Media and Digital Footprint
International PR & Media and Digital Footprint Indri & Camikara at The Whisky Fair- Indri & Camikara at The Whisky Fair- Kiel Limburg 25-26 April 2026 15-16 May 2026 Camikara Paris Rum Fest Ambrosia Coverage P I C C A D I LY E A R N I N G S P R E S E N TAT I O N @ 2 0 2 6 - 2 7 48
Slide 49: Indri Experience Centre
Indri Experience Centre P I C C A D I LY E A R N I N G S P R E S E N TAT I O N @ 2 0 2 6 - 2 7 49
Slide 50: Indri Experience Centre
Indri Experience Centre Indri Experience Centre launched in Haryana to offer an immersive introduction to whisky making and tasting, enhancing consumer engagement and brand visibility. Includes guided tours, curated tastings and interactive exhibits Features sustainable architecture inspired by Nort
Slide 51: Awards and Recognition: Q1 FY 2026-27
Awards and Recognition: Q1 FY 2026-27 Indri- Diwali Indri- Trini Indri- Agneya Indri- Dru Collectors Edition ‘25 Gold (95 points) & Indian Platinum – World Marsala Cask: Master medal – Indian Master medal – Indian Single Malt Whisky of Whisky – ASCOT Double Gold – San Whisky – Asian Spirits Whisky –
Slide 52: Awards and Recognition: Q1 FY 2026-27
Awards and Recognition: Q1 FY 2026-27 Indri Triple Cask 1L: Camikara 3 YO Camikara 8 YO Cashmir Vodka Gold - TREX Awards Gold medal – Rum Master medal – Rum Double Gold medal 2026 made in asia - Asian made in asia – Asian (96 points) - Wheat Spirits Masters 2026 Spirits Masters 2026 category - Londo
Slide 53: Awards and Recognition - Company: Q1 FY 2026-27
Awards and Recognition - Company : Q1 FY 2026-27 Best Indian Distillery of the Year Tokyo Whisky & Spirits Competition 2026 P I C C A D I LY E A R N I N G S P R E S E N TAT I O N @ 2 0 2 6 - 2 7 53
Slide 54: Malt Manufacturing Process
Malt Manufacturing Process Farming Germinating Milling Mashing Bottling Maturing Distilling Fermenting P I C C A D I LY E A R N I N G S P R E S E N TAT I O N @ 2 0 2 6 - 2 7 54
Slide 55: For Further Information Contact
For Further Information Contact: Investors Relations Piccadily Agro Industries Limited Ph.: +91-172-2997651 (Monday to Friday; IST 10 am to 5 pm) Website: www.piccadily.com Email: ir@piccadily.com
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