Tilaknagar Industries Ltd

Tilaknagar Industries has completed the acquisition of the business undertaking of Pernod Ricard India, as a going concern, on a slump sale basis relating to the business of production, bottling, marketing and sale of alcoholic and other beverages under the Imperial Blue Brands and from 01 December 2025 the economic ownership of the Imperial Blue Brands is transferred to the company. The company has remitted an amount of Rs 3,442.34 crore to Pernod Ricard India towards lump sum consideration based on estimated closing adjustments in accordance with the BTA.Powered by Capital Market - Live

Tilaknagar Industries has allotted 9,30,000 equity shares on conversion of warrants. Consequently with effect from 24 November 2025, the paid up equity share capital has increased to 24,68,38,750 equity shares of Rs 10 each. Powered by Capital Market - Live

Tilaknagar Industries has marked its entry into the premium whisky category with the launch of Seven Islands Pure Malt Whisky. Crafted from select Indian and Scottish malts, it is a distinct 100% pure malt expression. The launch marks a significant strategic expansion for TI, best known for building India's brandy market with icons like Mansion House and more recently, Monarch Legacy Edition, and comes on the heels of its announcement of the acquisition of Imperial Blue, the world's third largest-selling whisky brand. With this, the 90-year-old company establishes whisky as its second major growth pillar alongside its long-standing leadership in brandy. Powered by Capital Market - Live

Seven Islands is an Indo-Scottish 100% pure malt whisky, made with four distinct single malts originating from India and Scotland. The launch marks a significant strategic expansion for the company, best known for building India's brandy market with icons like Mansion House and more recently, Monarch Legacy Edition, and comes on the heels of its announcement of the acquisition of Imperial Blue, the world's third largest-selling whisky brand. The whisky will be available in a 750 ml bottle with 42.8% of alcohol by volume (ABV) and is priced at Rs 5,200 in Maharashtra. According to IWSR, whisky remains India's most loved and aspirational spirits category, accounting for about 66% of total consumption in 2024. By volume, Indian whisky grew 7% year-on-year in H1 2025, crossing 130 million cases and showing continued premiumisation. Exports are expanding as well, signaling rising global interest in Indian-made whiskies and premium expression. Amit Dahanukar, chairman and managing director, Tilaknagar Industries, said, 'India's whisky story is evolving faster than ever, with growing consumer demand for premium and luxury expressions. Seven Islands marks TI's entry into this dynamic category, bringing together Indian craftsmanship and global expertise to create a whisky that is both distinctly Indian and globally competitive. With whisky commanding over 60% of India's spirits market, expanding into this category was the next natural step for us.' Sanaya Dahanukar, marketing manager, Tilaknagar Industries, said, 'Seven Islands reflects our vision for House of TI, our new vertical which includes our premium portfolio and investments arm. House of TI was created to shape our premium and craft-led portfolio, beginning with Monarch Legacy Edition. With Seven Islands, we wanted to bring a new perspective and style to Indian whisky. It felt like the right way to introduce something distinctive, and a meaningful step forward for us as we expand into the whisky category.' The company reported a 40.48% drop in consolidated net profit to Rs 52.68 crore on a 2.67% decline in revenue from operations (excluding excise duty) to Rs 398.22 crore in Q2 FY26 over Q1 FY26. On a year-on-year (YoY) basis, the company's net profit declined 9.54%, and revenue (excluding excise duty) rose 6.23% in Q2 FY25. Tilaknagar Industries (TI) is one of India's leading alcoholic beverage (alcobev) companies. It is engaged in the business of manufacturing and selling Indian-made foreign liquor and its related products.Powered by Capital Market - Live

On a year-on-year (YoY) basis, the company's net profit declined 9.54%, and revenue (excluding excise duty) rose 6.23% in Q2 FY25. Profit before tax (PBT) declined 9.13% YoY to Rs 52.91 crore during the quarter. EBITDA stood at Rs 60 crore in Q2 FY26, registering a de-growth of 8.8%, compared with Rs 66 crore in Q2 FY25. EBITDA margin was at 15.1% in Q2 FY26 as against 17.6% in Q2 FY25. The company registered volume growth of 16.2% YoY to 34.2 lakh cases, with market share improvement across most key markets. Amit Dahanukar, chairman & managing director, said, 'I am pleased to share that during the quarter, we gained market share across most key markets, driven by strong performance of our existing portfolio and incremental gains from introducing brands in new territories. We launched Mansion House Whisky in Odisha, Telangana, and Kerala, and Monarch Legacy Edition Brandy in Hyderabad Duty Free, Odisha, Kerala, and Karnataka. Under the usership agreement with SSL, we commenced distribution of Samsara Gin and Amara Vodka in Odisha, Puducherry, and export markets. We also made a follow-on investment of INR 10.66 crore in SSL, increasing our stake to 21.36% on a fully diluted basis. EBITDA in Q2 stood at INR 60 crore (8.2% YoY adjusted), with margins at 15.1%. We also strengthened our org structure ahead of the Imperial Blue business integration. The CCI approved the acquisition on 7th October 2025, and the transaction is expected to be completed in Q3 FY26.' Tilaknagar Industries (TI) is one of India's leading alcoholic beverage (alcobev) companies. It is engaged in the business of manufacturing and selling Indian-made foreign liquor and its related products.Powered by Capital Market - Live

Net profit of Tilaknagar Industries declined 9.53% to Rs 52.68 crore in the quarter ended September 2025 as against Rs 58.23 crore during the previous quarter ended September 2024. Sales rose 6.23% to Rs 398.22 crore in the quarter ended September 2025 as against Rs 374.86 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales398.22374.86 6 OPM %15.1217.60 - PBDT60.2665.99 -9 PBT52.9158.23 -9 NP52.6858.23 -10 Powered by Capital Market - Live

Tilak Nagar Industries will hold a meeting of the Board of Directors of the Company on 13 November 2025.Powered by Capital Market - Live

Tilaknagar Industries announced the appointment of Nishant Jain as its President ' Sales. Jain's extensive experience with leading alco-bev companies will be a key driver of TI's growth at a time when the company is gearing up to expand its presence in the whisky segment across the country, with the impending acquisition of Imperial Blue Whisky from Pernod Ricard India. An independent sales vertical has been created at TI to establish the company's leadership in the whisky category that accounts for nearly 65 per cent of the IMFL market in India. Traditionally, TI has been a leading brandy maker dominating in prominent IMFL markets in South India such as Andhra Pradesh, Telangana, Karnataka, Puducherry and Kerala, amongst others. Powered by Capital Market - Live

Tilak Nagar Industries announced that the Annual General Meeting(AGM) of the company will be held on 30 September 2025.Powered by Capital Market - Live

Profit before tax (PBT) surged 121.1% YoY to Rs 88.62 crore during the quarter. EBITDA stood at Rs 94.5 crore in Q1 FY26, registering a growth of 88%, compared with Rs 50.2 crore in Q1 FY25. EBITDA margin was at 23.1% in Q1 FY26 as against 16% in Q1 FY25. The company registered a volume growth of 26.5% YoY, with market share improvement for TI in each of the key markets. Amit Dahanukar, chairman & managing director, said, Q1 FY26 marked our strong and consistent industry-beating growth. We have delivered a YoY growth of 26.5% in volumes and 30.6% in net revenue. Adjusted for subsidy income of INR 38.6 crore, the net revenue growth was still robust at 20.5%. The Southern region has seen strong growth momentum in Q1 with market share improvement in each of the key markets. Our EBITDA (excluding subsidy income) has grown by 25.0%. Our acquisition of the Imperial Blue business division from Pernod Ricard India is subject to CCI approval, which we expect to receive by the end of calendar year 2025. The acquisition is being made on a slump sale basis, for a lump sum consideration basis enterprise value of approximately EUR 413 mn. This includes a normalized working capital of ~EUR 70 mn and a deferred consideration of EUR 28 mn, payable at the end of 4 years, i.e., in FY30. The consideration would be subject to certain closing adjustments. Additionally, during the quarter, the Hon'ble Bombay High Court has upheld TI's ownership of the Mansion House and Savoy Club trademarks, ensuring continued, uninterrupted, and exclusive sale under these brands. We would also like to announce that the Board has approved an investment of INR 59 crore, including the license fees and interest payments of around Rs 34 crore for expansion at Prag Distillery, increasing the capacity from 6 lakh to 36 lakh cases p.a.' Meanwhile, the company's board has approved a capital expenditure of Rs 25 crore for its wholly owned subsidiary, Prag Distillery, to expand its bottling capacity. The project will boost Prag's capacity from about six lakh cases per year to 36 lakh cases per year, adding 30 lakh cases. The current facility is running at nearly 100% usage, and the expansion should be finished within the next 12 months. Tilaknagar Industries (TI) is one of India's leading alcoholic beverage (alcobev) companies. It is engaged in the business of manufacturing and selling Indian-made foreign liquor and its related products.Powered by Capital Market - Live