Allied Blenders & Distillers Ltd

Allied Blenders & Distillers Ltd

₹ 390 -4.75%
16 May - close price
About

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

Key Points

Business Overview:[1][2]
ABDL is in the business of selling Whisky, Brandy, Rum, Gin, Vodka across premium, semi-premium, deluxe and mass premium segments. Its flagship products are Officers Choice Whisky, Officers Choice Blue, ICONiQ White, Sterling Reserve, Zoya, Shristi, etc.

  • Market Cap 10,907 Cr.
  • Current Price 390
  • High / Low 445 / 279
  • Stock P/E 56.0
  • Book Value 55.2
  • Dividend Yield 0.92 %
  • ROCE 21.1 %
  • ROE 20.0 %
  • Face Value 2.00

Pros

  • Company has delivered good profit growth of 104% CAGR over last 5 years

Cons

  • Stock is trading at 7.07 times its book value
  • The company has delivered a poor sales growth of 3.28% over past five years.
  • Company has a low return on equity of 11.1% over last 3 years.
  • Company has high debtors of 181 days.
  • Working capital days have increased from 85.1 days to 150 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

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
771 814 851 895 768 758 868 974 921
721 762 780 836 708 683 764 857 785
Operating Profit 50 52 71 59 60 74 103 117 136
OPM % 6% 6% 8% 7% 8% 10% 12% 12% 15%
1 1 1 -2 2 2 2 3 14
Interest 37 39 43 46 45 44 25 27 28
Depreciation 14 13 12 14 19 16 16 13 16
Profit before tax -0 1 16 -3 -1 16 64 80 106
Tax % 753% 286% 29% 33% 70% 28% 26% 28% 26%
-1 -3 11 -4 -2 11 48 57 79
EPS in Rs -0.05 -0.11 0.46 -0.18 -0.10 0.40 1.70 2.05 2.81
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
2,996 2,348 2,686 3,147 3,328 3,520
2,762 2,154 2,488 2,961 3,085 3,089
Operating Profit 234 195 197 186 243 431
OPM % 8% 8% 7% 6% 7% 12%
16 19 11 11 1 21
Interest 180 142 146 136 173 125
Depreciation 69 59 59 55 58 61
Profit before tax 0 13 4 6 13 266
Tax % -2,948% 80% 62% 73% 86% 27%
13 3 1 2 2 195
EPS in Rs 0.54 0.11 0.06 0.07 0.07 6.97
Dividend Payout % -0% -0% -0% -0% -0% 52%
Compounded Sales Growth
10 Years: %
5 Years: 3%
3 Years: 9%
TTM: 6%
Compounded Profit Growth
10 Years: %
5 Years: 104%
3 Years: 401%
TTM: 8087%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: 8%
3 Years: 11%
Last Year: 20%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 47 47 47 49 49 56
Reserves 326 328 357 357 358 1,487
1,058 981 863 793 835 905
983 952 988 1,301 1,403 1,087
Total Liabilities 2,414 2,308 2,255 2,500 2,645 3,535
636 649 692 575 635 750
CWIP 48 17 15 14 16 19
Investments -0 22 -0 -0 -0 0
1,730 1,620 1,548 1,910 1,995 2,766
Total Assets 2,414 2,308 2,255 2,500 2,645 3,535

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
595 247 179 230 186 -678
-45 -59 53 -19 -54 -182
-496 -216 -256 -203 -132 922
Net Cash Flow 53 -29 -24 8 -0 61

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 114 135 130 111 136 181
Inventory Days 151 196 153 190 124 103
Days Payable 172 267 228 189 204 109
Cash Conversion Cycle 93 64 54 113 57 175
Working Capital Days 49 65 60 56 49 150
ROCE % 11% 11% 12% 16% 21%

Shareholding Pattern

Numbers in percentages

1 Recently
Jun 2024Sep 2024Dec 2024Mar 2025
80.91% 80.91% 80.91% 80.91%
3.83% 2.83% 2.55% 2.73%
3.52% 4.14% 4.01% 4.03%
11.73% 12.11% 12.53% 12.33%
No. of Shareholders 3,63,0491,21,2821,09,5741,09,052

* 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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