Allied Blenders & Distillers Ltd

Allied Blenders & Distillers Ltd

₹ 488 2.15%
29 Jul - close price
About

Incorporated in 2008, Allied Blenders
and Distillers Ltd manufactures, purchase
and sells Alcoholic Beverages /liquids[1]

Key Points

Leading Alcohol Manufacturer[1]
Allied Blenders and Distillers Limited (ABDL) is India’s largest spirits company by volume, recognized for its leadership in the whisky segment. Established in 1988, ABD is the owner of some of the world’s top-selling spirits brands and operates across several spirit categories including whisky, brandy, rum, vodka, and gin.

  • Market Cap 13,641 Cr.
  • Current Price 488
  • High / Low 506 / 279
  • Stock P/E 54.8
  • Book Value 56.3
  • Dividend Yield 0.74 %
  • ROCE 21.2 %
  • ROE 20.0 %
  • Face Value 2.00

Pros

  • Company has delivered good profit growth of 66.8% CAGR over last 5 years

Cons

  • Stock is trading at 8.67 times its book value
  • The company has delivered a poor sales growth of -15.4% over past five years.
  • Company has a low return on equity of 11.5% over last 3 years.
  • Company has high debtors of 181 days.
  • Working capital days have increased from 10.8 days to 67.0 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025
771 814 851 895 768 758 868 974 921 919
721 762 780 835 708 683 764 857 785 804
Operating Profit 50 52 71 59 60 74 104 117 136 115
OPM % 6% 6% 8% 7% 8% 10% 12% 12% 15% 12%
1 1 1 -2 3 2 2 4 14 7
Interest 37 39 43 46 45 44 25 27 28 26
Depreciation 14 12 12 14 16 16 16 12 14 14
Profit before tax 1 2 16 -3 2 17 65 81 108 82
Tax % 147% 184% 29% 43% 64% 26% 26% 28% 25% 26%
-0 -2 12 -4 1 12 48 58 81 61
EPS in Rs -0.01 -0.08 0.48 -0.15 0.02 0.44 1.73 2.09 2.90 2.18
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2017 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
2,012 2,953 8,119 6,379 2,686 3,147 3,328 3,520 3,681
1,825 2,650 7,884 6,183 2,487 2,960 3,084 3,088 3,209
Operating Profit 187 302 235 196 199 187 244 432 471
OPM % 9% 10% 3% 3% 7% 6% 7% 12% 13%
9 -5 17 20 12 12 2 21 27
Interest 121 192 180 142 145 135 173 125 107
Depreciation 72 81 69 58 57 54 55 57 55
Profit before tax 4 24 3 16 8 9 18 271 337
Tax % 60% 70% -489% 64% 29% 47% 62% 26%
2 7 15 6 6 5 7 200 249
EPS in Rs 1.41 0.31 0.63 0.24 0.25 0.20 0.28 7.15 8.90
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 50%
Compounded Sales Growth
10 Years: %
5 Years: -15%
3 Years: 9%
TTM: 13%
Compounded Profit Growth
10 Years: %
5 Years: 67%
3 Years: 231%
TTM: 908%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 56%
Return on Equity
10 Years: %
5 Years: 9%
3 Years: 12%
Last Year: 20%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2017 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 12 47 47 47 47 49 49 56
Reserves 279 244 333 338 372 376 381 1,518
937 1,209 1,035 958 847 789 831 901
516 1,126 988 962 987 1,296 1,404 1,076
Total Liabilities 1,743 2,626 2,404 2,305 2,253 2,509 2,665 3,551
639 647 621 635 594 562 540 584
CWIP 68 31 43 13 11 10 12 14
Investments 6 2 2 24 77 3 89 181
1,030 1,946 1,737 1,633 1,572 1,935 2,024 2,772
Total Assets 1,743 2,626 2,404 2,305 2,253 2,509 2,665 3,551

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2017 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
183 175 592 247 185 230 186 -676
-77 -161 -43 -59 44 -27 -59 -185
-109 -7 -496 -217 -254 -195 -128 922
Net Cash Flow -3 6 53 -29 -25 9 -0 60

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2017 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 60 141 42 50 130 111 136 181
Inventory Days 63 84 72 89 153 190 124 191
Days Payable 76 83 85 124 229 189 204 201
Cash Conversion Cycle 46 142 30 14 53 112 57 171
Working Capital Days -28 -39 -14 -19 -27 -16 -18 67
ROCE % 13% 11% 12% 12% 16% 21%

Shareholding Pattern

Numbers in percentages

Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025
80.91% 80.91% 80.91% 80.91% 80.91%
3.83% 2.83% 2.55% 2.73% 2.82%
3.52% 4.14% 4.01% 4.03% 4.73%
11.73% 12.11% 12.53% 12.33% 11.53%
No. of Shareholders 3,63,0491,21,2821,09,5741,09,0521,05,910

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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