Allied Blenders And Distillers Limited · NSE:ABDL
Allied Blenders And Distillers — Group Institutional Investors Meeting organised by Jefferies India 2025
30 slides from Allied Blenders And Distillers's conference presentation, Nov 7, 2025
Slide 1: Regulation 30 filing cover letter to stock exchanges
November 07, 2025 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. 85/ 2025-26 Our Reference No. 85
Slide 2: Unlocking the Luxury Portfolio Opportunity
INVESTOR MEET 2025 Unlocking the Luxury Portfolio Opportunity November 1 2025 (BSE: 544203 | NSE: ABDL)
Slide 3: Agenda
Premiumization: Super Premium to Luxury Portfolio India’s Consumption: Value and Volume Driven Market Play: Tapping into Luxury Consumer Trends ABD Maestro: Unlocking the Luxury Portfolio Opportunity Business and Creative Partner: Bollywood Superstar Ranveer Singh Right to Win – Deep Synergy and Inf
Slide 4: India's Consumption: Value and Volume Driven
India’s Consumption: Value and Volume Driven 1 India Spirits Volume (%) – ~420 Mn Cases 2 India Spirits Net Contribution (%) 21% 27% 25% 3% 39% 21% 7% 38% 14% 5% 3 Net Contribution / Volume (X) 7.0 X Key Highlights • Premium and Above with ~10% volume contributing ~42% of net contribution (Profit) 3
Slide 5: Market Play: Tapping Into Luxury Consumer Trends
Market Play: Tapping Into Luxury Consumer Trends ABD Maestro: Pioneering Steps in the ~3% High Value, High Contribution Market Category Whisky Gin Vodka Rum Tequila Total - BIO (Scotch) 27% 27% - BIO (Non-Scotch) 8% 2% 4% 0.9% 1% 16% Total BIO 35% 2% 4% 0.9% 1% 43% BII 53% 0.4% 53% Indian 2% 1% 0.2%
Slide 6: ABD Maestro: Unlocking The Luxury Portfolio Opportunity
ABD Maestro: Unlocking The Luxury Portfolio Opportunity Whisky Gin Art. Bottled. Blended Indian Malt Special Batch Craft Gin Vodka - Imported Vodka - India Rum Delivering Authentic Russian Vodka Contemporary Indian Vodka Crafted Premium Rum To Be Launched 5
Slide 7: ABD Maestro: Blended Malt Scotch Whisky
ABD Maestro: Blended Malt Scotch Whisky Well positioned to capitalize on consumer preference of Blended Malt Scotches Product Overview: • Inspired by the Art of Blending • Blended Malt Scotch Whisky, crafted from a Blend of 5 Single Malts from Speyside and the Highlands Highlights: • Launched in 10
Slide 8: ABD Maestro: Blended Malt Scotch Whisky
ABD Maestro: Blended Malt Scotch Whisky Arthaus Experience Influencer Collaborations Creative Collaborations 7
Slide 9: ABD Maestro: Blended Indian Malt Whisky
ABD Maestro: Blended Indian Malt Whisky Established brand in the ‘GO TO’ category of strong Blended Indian Malts Product Overview: • A Super Premium Blended Indian Malt Whisky • Peat forward, matured in charred oak barrels, giving a unique character • Brand acquired in Q4FY25 Highlights: • Currently
Slide 10: ABD Maestro: Blended Indian Malt Whisky
ABD Maestro: Blended Indian Malt Whisky Brand Launch Film AI Influencer + For The Explorer 9
Slide 11: ABD Maestro: Indian Special Batch Dry Gin
ABD Maestro: Indian Special Batch Dry Gin Capitalizing dynamic super-premium gin market, increasing consumer appetite for novel & experiential flavors Product Overview: • A special batch Indian Dry Gin made with 13 select Botanicals for a unique and refreshing taste • 2 distinct flavour offerings wi
Slide 12: ABD Maestro: Indian Special Batch Dry Gin
ABD Maestro: Indian Special Batch Dry Gin Zoya Film Influencer Collaborations 11
Slide 13: ABD Maestro: Craft Gin
ABD Maestro: Craft Gin Capitalizing on the luxury gin category by leveraging small-batch craftsmanship Product Overview: • Himalayan juniper distilled into pure mountain crispness • Capturing the aromatic spirit of high- altitude forests • Foraying into Luxury Gin segment Highlights: • Available in
Slide 14: ABD Maestro: Russian Standard Vodka
ABD Maestro: Russian Standard Vodka Giving Indian consumers Luxury Vodka experience Product Overview: • Russian Standard holds a 30% share in Russia's premium vodka market and has proven itself in 85 countries competing against global brands • Crafted using glacial water from Lake Ladoga and winter
Slide 15: Presence in Relevant Channels and Markets
Presence in Relevant Channels and Markets Established Presence in ~80% of Addressable Markets Leverage the 20,000+ Retail for Premium and upward segments nationally Dedicated 50 people team in place with ABD Maestro to drive brands, experiences, drinks strategy, special on-trade accounts and modern
Slide 16: AI-Driven Marketing: Redefining Brand Engagement
AI - Driven Marketing: Redefining Brand Engagement Leveraging AI to Deliver Faster, Data-Driven and More Personalized Campaigns Marketing Mix Focused on digital, social and experiential marketing strong focus on Meta platforms AI – Powered Campaign Design AI Integrated into creative development and
Slide 17: Global Awards and Recognition
Global Awards and Recognition 30+ Awards – A Testament to Excellence Spirits Selection by Concours Mondial De Bruxelles 2025 International Whisky Competition 2025 Competed with ~2,600 entries and evaluated by 140 expert judges 20 16
Slide 18: Global Awards and Recognition
Global Awards and Recognition 30+ Awards – A Testament to Excellence Monde Selection Awards 2025 Spiritz Conclave and Achievers’ Awards 21 17
Slide 19: Business and Creative Partner: Bollywood Superstar Ranveer Singh
Business and Creative Partner: Bollywood Superstar Ranveer Singh 18 3
Slide 20: Right to Win: Deep Synergy and Infrastructure edge
Right to Win: Deep Synergy and Infrastructure edge Global Product Industry Manufacturing Distribution Innovation Knowledge and Capabilities and Capabilities Relationships Logistics 19
Slide 21: Product Innovation Capabilities: NPD & Variants to Meet Experience Driven Consumption
Product Innovation Capabilities: NPD & Variants to Meet Experience Driven Consumption State-of-the-Art R&D centre in Aurangabad, equipped with advanced facilities for product innovation and quality enhancement Product development and blend creation spearheaded by master blenders, with a collective b
Slide 22: Manufacturing Capabilities: Current Infrastructure is Ready to Use & Scale
Manufacturing Capabilities: Current Infrastructure is Ready to Use & Scale Delivering Efficient Small - Batch Production at Lowest Delivered Cost Manufacturing Infrastructure Synergy • Market proximity - o Speed of delivery o Lowest cost of delivery • Small batch for market seeding • Eye for detail
Slide 23: Wide Distribution & Logistics: Plug & Play Global Reach
Wide Distribution & Logistics: Plug & Play Global Reach Largest exporter by volume from India to 30 Countries, with focus on expanding to 35 countries Chandigarh Haryana Europe Delhi Uttar Uttar North Rajasthan Pradesh America Pradesh GCC West South-East Bengal Asia Africa Maharashtra 30+ States and
Slide 24: Industry Knowledge & Relationships: Harnessing Deep Sector Insights
Industry Knowledge & Relationships: Harnessing Deep Sector Insights Industry knowledge and market insights Expertise in tariffs and cost structures across through existing established relationships Route – to - Market channels Driving initiatives through associations on Proven track record in brand
Slide 25: Driving Value and Profitability: The Synergy Impact of ABD Maestro
Driving Value and Profitability: The Synergy Impact of ABD Maestro High Impact Volume Contribution: 1% ABD Maestro portfolio volume contribution = ~8 X ABD’s NSV growth Expanding Gross Margin: Driving ABD Gross Margins to best in class industry margins (in addition to capex & FTA benefits) India & B
Slide 26: ABD Portfolio Crafted for Growth
ABD Portfolio Crafted for Growth Indian Spirits Industry – 420 Mn cases Mass Premium Prestige & Semi-Premium Premium Super-Premium to Luxury (~105 Mn Cases) (~160 Mn Cases) (~28 Mn Cases) (~12 Mn Cases) Whisky Non-Whisky Whisky Non-Whisky Arthaus Blended Pumori Woodburns Malt Whisky Whisky Gin Offic
Slide 27: Route to Margin Enhancement
Route to Margin Enhancement Multiple Initiatives Fueling Margin Expansion and Sustainable Profitable Growth Margin Enhancement Backward FTA Growth and Cost Integration Benefits Premiumization Efficiencies Invest in existing brands to drive growth, to establish Super-Premium to Luxury brands and in p
Slide 28: Disciplined Capital Deployment
Disciplined Capital Deployment Improving Operating Cashflows and Financial KPIs Continued improvement in operating cashflows: ₹ Cr 1 • Increasing profitability 51 147 • Optimization of working capital Prudent capital allocation: (729) H1 FY25 H2 FY25 H1 FY26 • ‘Build, Buy, Partner’ for investment op
Slide 29: Transformation Roadmap
Transformation Roadmap Value Accretive Profitable Growth FY25 FY28 Where were we? Where are we now? Initiative Way forward FY24 FY25 H1FY26 Revenue growth (YoY) 5.6% 6.2% 18.2% Revenue growth in mid-teens Topline growth with P&A Salience (Volume) 37.3% 40.4% 46.7% Overall growth in mid-teens (value)
Slide 30: 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