Piccadily Agro Industries Limited · NSE:PICCADIL
Piccadily Agro Industries — Q1 FY2026 Earnings Presentation
37 slides from Piccadily Agro Industries's earnings presentation, Aug 13, 2025
Slide 1: Stock exchange filing letter for earnings presentation
Dated: 13-08-2025 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 presentat
Slide 2: Q1 FY2025-26 Earnings Presentation
Q1 FY2025-26 Earnings Presentation 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 5 - 2 6 2
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 During Q1, revenue from distillery products grew 37% YoY and IMFL volumes grew 38.6% YoY. In line with our focus on the distillery business and within it on IMFL, we launched 3 new products in Q1 – Indri Agneya, Indri Dubai City Series Edition and Cashmir, a premium Vodka. Whist
Slide 5: Q1 FY2025-26 Performance Highlights
Q1 FY2025-26 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 5 - 2 6 5
Slide 6: Q1 FY2025-26 Highlights: EBITDA increased by 36.4%
Q1 FY2025-26 Highlights: EBITDA increased by 36.4% Q1 J 230crore J 39crore J 2.00 Total Income EBITDA EPS 9.9% Y-o-Y growth 36.4% Y-o-Y growth 31.6% Y-o-Y growth J 19crore 17% PAT EBITDA Margin 32.2%* Y-o-Y growth 330 bps Y-o-Y growth 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 5
Slide 7: Financial Performance
Financial Performance Standalone Profit & loss Standalone Financials Q1 Y-o-Y Q4 Q-o-Q 12 Months Y-o-Y Particular (Figures in J Cr) FY26 FY25 Growth (%) FY25 Growth (%) FY25 FY24 Growth (%) Revenue from Distillery Vertical 162.8 119.2 36.6% 148.7 9.5% 636.8 552.8 15.2% Revenue from Sugar Vertical 66
Slide 8: Financial Performance contd...
Financial Performance contd... Standalone Financials Q1 Y-o-Y Q4 Q-o-Q 12 Months Y-o-Y Particular (Figures in J Cr) FY26 FY25 Growth (%) FY25 Growth (%) FY25 FY24 Growth (%) EBITDA 39.0 28.6 36.3% 68.3 -42.9% 191.4 152.6 25.4% Finance Costs 8.6 4.0 115.5% 9.0 -4.7% 27.8 15.7 77.2% Depreciation And A
Slide 9: Profitability Trends
Profitability Trends 21.4% 11.7% 18.4% 10.3% 12.2% 5.1% 10% 3.9% 70 64 153 191 29 25 86 105 FY22 FY23 FY24 FY25 FY22 FY23 FY24 FY25 EBITDA Margin PAT Margin EBITDA (in H crore) PAT (excluding exeptional item) (in H crore) 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 5 - 2 6 9
Slide 10: Performance Commentary
Performance Commentary EBITDA increased by 36.4% Company Distillery Revenue from operations grew 9.9% Share of distillery products is 71.2% YoY of Revenue from operations vs Distillery by 36.6% and sugar 57.2% in Q1 FY25 declined by 25.8% Share of IMFL of Revenue from EBITDA increased 36.4% YoY oper
Slide 11: Q1 FY2025-26 Business Highlights
Q1 FY2025-26 Business Highlights IMFL sales volumes (Indri, Camikara, Participated, domestically and Whistler & Cashmir) grew 39% YoY internationally, in Whisky & Spirits shows and events Curated events held for Indri and Whistler grew 102%, Camikara 338% (on a Camikara in Q1 smaller base) Products
Slide 12: Moving Towards Branded and Premium Portfolio
Moving Towards Branded and Premium Portfolio Over the last four 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 Indian Made Foreign Liquor (IMFL) p
Slide 13: EBITDA Margin by Business
EDITDA Margin by Business 35.0% 30.2% 30.0% 26.9% 25.0% 19.3% 21.4% 18.4% 20.0% 15.0% 10.0% 10.0% 1.5% -1.1% 0.0% -2.3 -5.0% FY23 FY24 FY25 Sugar Company Distillery 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 5 - 2 6 13
Slide 14: 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 Strong Demand for Ingredient and Revenue Premium Spirits Driven by Younger Artisanal and Craft Spirits Process-led Innovati
Slide 15: 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 5 - 2 6 15
Slide 16: 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 17: 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 18: Our Journey
Our Journey 2025 2024 2023 2022 Launch of 2017 Cashmir Released 2010 Indri Diwali Collectors Launch of Expanded the Indri Agneya 2007 Indri portfolio Edition 2024 & Dubai City Introduced with Dru and Series Diwali 2023 Rolled out 1994 Indri single Edition Indri City Entered the malt whisky Series Ed
Slide 19: From Local to Global: A Journey of Excellence
From Local to Global: A Journey of Excellence Ladakh Jammu and Belgium Kashmir Leh Himachal Pradesh Norway Arunachal Pradesh Punjab Canada Latvia Uttrakhand Assam UK Poland Chandigarh Germany Haryana Meghalaya France Switzerland Delhi Spain Italy USA Japan Rajasthan Uttar Pradesh 28 Nepal Hong Kong
Slide 20: 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 5 - 2 6 20
Slide 21: 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 50 prestigious accolades, including ‘Best Indian Single Malt’ and ‘Best Whisky
Slide 22: 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 23: Camikara Mixers
Camikara Mixers Introducing the all-new Camikara Non- Alcoholic Mixers in two vibrant flavours – Mojito and Mai Tai. Expertly crafted to elevate every pour, these tropical mixers capture the essence of iconic cocktails. Camikara mixers deliver a premium, bar-quality experience— bringing the spirit o
Slide 24: 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 5 - 2 6 24
Slide 25: Mastery in Every Sip: Premium Spirits Across Price Segments
Mastery in Every Sip: Premium Spirits Across Price Segments Blended Whisky Aged Rum Single Malt Whisky Vodka (J 5,000+) ULTRA - LUXURY (J 2,000 – 5,000) LUXURY Price/bottle (J) Coming Soon (J 1,000 – 2,000) PREMIUM (J 500-1,000) PRESTIGE 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
Slide 26: Recent Launches
Recent Launches Date of launch 23.5.25 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 5 - 2 6 26
Slide 27: Date of launch 05.8.25
Date of launch 05.8.25 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 5 - 2 6 27
Slide 28: Date of Launch 24.7.25
Date of Launch 24.7.25 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 5 - 2 6 28
Slide 29: Committed to Our Consumer's Trust
Committed to Our Consumer’s Trust Piccadily Becomes 1st Indian Alcobev Company To Adapt NFC Technology To Combat Counterfeiting Raising the Benchmark: Piccadily sets a new standard in safety, innovation and consumer protection amid rising counterfeit concerns. Smart Verification: Unlike QR codes, NF
Slide 30: Charting the Path to Excellence: Our Strategic Vision
Charting the Path to Excellence: Our Strategic Vision Innovate Accelerate and Elevate Growth Distillery segment recorded strong revenue growth Expansions at Indri, Chhattisgarh and Portavadie on track IMFL recorded strong volumes growth Focus on processes and automation to support growth 3 new produ
Slide 31: Scaling for the Future: Expanding Horizons, Strengthening Capabilities
Scaling for the Future: Expanding Horizons, Strengthening Capabilities Indri, Haryana Mahasamund, Chhattisgarh Expansion underway to A 210 KLPD distillery for ENA, increase distillery capacity Ethanol boosting domestic from 78 KLPD to 220 KLPD production. for ENA and from 12 KLPD to 30 KLPD for malt
Slide 32: Expansion Update
Expansion Update Indri, Haryana Milestones: Highlights Capex Expansion on track to increase distillery Year XX capacity from 78 KLPD to 220 KLPD for Board Funding Commencement Machinery ENA and from 12 KLPD to 30 KLPD for approval tie up of construction order malt. Activity /installation Expected to
Slide 33: Expansion Update contd.
Expansion Update contd. Mahasamund, Chhattisgarh Milestones: Highlights Capex Setting up of 210 KLPD distillery for ENA, Ethanol Year XX on track Board Land Funding Commencement Expected to be commissioned in H2 FY26 approval acquisition tie up of construction /installation Activity Year XX Machiner
Slide 34: 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 Likely commissioning in FY27 Activity Presence in Scotland provides access to single malt industr
Slide 35: 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 36: Awards and Recognition: Q1 FY2025-26
Awards and Recognition: Q1 FY2025-26 Indri Trini: India whisky Indri DCE’24: Gold at Indri Trini: Best of Category of the year at New York Tokyo Whisky and spirits at International Spirits International spirits Competition 2025 Competition 2025 by A.D.I. Competition 2025 Indri Trini: Gold at New CAM
Slide 37: For Further Information Contact: Investors Relations
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 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 5 - 2 6 37
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