ABDLFast Moving Consumer Goods

Allied Blenders and Distillers Limited

Breweries & Distilleries · ISIN INE552Z01027 · BSE 544203 · NSE EQ · FV ₹2
Last price
₹653
+0.86%today
What this company does

Allied Blenders and Distillers Limited operates in Breweries & Distilleries, part of the Fast Moving Consumer Goods sector. It booked ₹1,809 cr of revenue in its latest quarter (Q1 FY27) and kept 2.7% of sales as profit. It is the 4th largest of 9 Breweries & Distilleries companies we track, by market value.

46out of 100
Equitytale Health Score
Mixed

Healthier than 46% of companies in Fast Moving Consumer Goods, on the 5 of 6 measures we could read for it. Each measure is ranked against the 122–149 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
64

At close. Not part of the score.

Profitability & returns50

How much profit it earns on the money it employs

Balance sheet31

How much it owes, and whether earnings cover the interest

Cash quality67

Whether reported profit actually arrives as cash

Valuation10

What today's price implies, against our models or its peers

Governance & risk88

How much of the promoters' stake is pledged, and how much they hold

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Promoters hold 81%
No promoter shares pledged
Turns profit into real cash
Watch-outs
! Thin 2.7% net margin
! Profit down 13% vs last year

What if I invest in ABDL?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹653 +0.86%
latest close · 2026-09-17
52-wk low ₹58042 sessions so far52-wk high ₹657
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio92.8High
LowAverageHigh
P/B ratio10.99High
Below bookModerateHigh
EV / EBITDA40.1High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity11.8%Fair
WeakFairStrong ▸15%
Return on capital19.7%Strong
WeakFairStrong
Net margin2.7%Thin
ThinDecentStrong
EBITDA margin6.6%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.68Moderate
LowModerateHigh ▸1
Interest cover3.3×Okay
RiskyOkayStrong ▸5×
Current ratio1.34Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹18,268 cr
Book value
₹59
EPS
₹1.76
latest quarter
Net debt
₹1,017 cr
owes more than its cash
Enterprise value
₹19,285 cr
EBITDA
₹480 cr
annualised
EBIT
₹389 cr
annualised
Operating margin
5.4%
Return on assets
4.7%
Earnings yield
1.08%
P/S
2.52
Sales / share
₹258.7
Tax rate
33.0%
Face value
₹2
Shares
28.0 cr
Working capital
₹750 cr
Current assets
₹2,931 cr
Current liabilities
₹2,180 cr
Delivery %
50.3%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the exchange filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹58₹97, midpoint ₹77

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹1,809 cr
Other Income₹5 cr
Total Income₹1,814 cr
Cost of Materials₹523 cr
Purchases of Stock-in-Trade₹2 cr
Inventory Change (±)₹4 cr
Employee Benefit Expense₹63 cr
Finance Costs₹29 cr
Depreciation & Amortisation₹23 cr
Other Expenses₹1,102 cr
Total Expenses₹1,746 cr
Profit before Tax₹68 cr
Tax Expense₹22 cr
Net Profit₹45 cr
Net margin on total income2.5%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹529 cr29.2%
Employee benefit expense₹63 cr3.5%
Finance costs₹29 cr1.6%
Depreciation & amortisation₹23 cr1.3%
Other expenses₹1,102 cr60.7%
Tax expense₹22 cr1.2%
Profit for the period₹45 cr2.5%
Total income ₹1,814 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue1,934 cr1,909 cr1,809 cr
Total income1,935 cr1,922 cr1,814 cr
Expenses1,843 cr1,819 cr1,746 cr
Profit before tax89 cr103 cr68 cr
Tax25 cr65 cr22 cr
Net profit (owners' share)66 cr41 cr49 cr
Net margin (owners' share, on revenue)3.4%2.1%2.7%
EPS (₹)2.381.461.76
YoY (latest quarter): total income +1.7% · net profit -13.0%
Balance sheet & cash flow · as of Mar 2026
Moderate debt
Total assets
₹4,154 cr
Shareholder equity
₹1,663 cr
parent shareholders
Total debt
₹1,146 cr
Cash
₹129 cr
Cash flow · H1 FY26
Operating
₹147 cr
Investing
₹-106 cr
Financing
₹-8 cr
Peer comparison
Breweries & Distilleries · by market value
CompanyPriceMarket capP/E
United Spirits Limited₹1,390₹1.01 L cr104.0
Radico Khaitan Limited₹4,380₹58,662 cr63.8
United Breweries Limited₹1,217₹32,172 cr48.4
Allied Blenders and Distillers Limitedthis company₹653₹18,268 cr92.8
Tilaknagar Industries Limited₹544₹13,459 cr106.2
Piccadily Agro Industries Limited₹601₹5,920 cr69.2
Globus Spirits Limited₹831₹2,416 cr22.7
GM Breweries Limited₹937₹2,141 cr14.2
India Glycols Limited₹249₹1,667 cr4.3
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.83%
trailing 12 months
Dividend / share (TTM)
₹5.4
Last dividend
₹5.4
ex 25 Jun 2026
ActionDetailEx-date
Dividend₹5.4 / share25 Jun 2026
Dividend₹3.6 / share27 Jun 2025
Who owns it · 2026-06-30
No pledge
Promoter
80.9%
FII / Foreign
3.2%
DII / Domestic
5.1%
Retail / others
10.8%
Smart-money activity
Insider trades
BoughtRajesh Bihari Singh · -4,500 · ₹30.1 L19 Nov 25
BoughtRajesh Bihari Singh · -1,545 · ₹10.3 L17 Nov 25
BoughtRatan Lal Jain · -1,000 · ₹5.6 L16 Sep 25
Bulk / block deals
short · NSE1,00018 Aug 26
short · NSE23924 Jul 26
short · NSE456 Jul 26
What shareholders were asked to approve
4 proposals passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 9 Nov 2025
See the official result
1
Approval for revision in remuneration payable to Mr. Alok Gupta (DIN:02330045), Managing Director of the Company.
⚑ Passed only because promoters voted yes
Backed by 65% of shareholders other than promotersneeded 75%
1.25 cr votes for, 67.20 L against · 41% of mutual funds and other big investors said no
2
Approval for revision in remuneration payable to Mr. Arun Barik (DIN:07130542), Executive Director of the Company.
⚑ Passed only because promoters voted yes
Backed by 62% of shareholders other than promotersneeded 75%
1.19 cr votes for, 73.68 L against · 44% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 75 named members
owning 80.9% between them · as of 2026-06-30
Bina Kishore Chhabria58.20%
Resham Chhabria J Hemdev19.40%
Oriental Radios Pvt Ltd3.26%
Bina Chhabria Enterprises Private Limited0.05%
ABD Estates Private Limitedno shares
ABD Homes Private Limitedno shares
ABD Realtors Private Limitedno shares
A. G. Hospitalityno shares
Business done with them
FY2026 · 6 of the group
The company paid ₹48 cr to companies in the promoter group last year — about 0.6% of its ₹7,571 cr revenue.
BINA KISHORE CHHABRIA
Other payments to them · Interest on unsecured loan, Reimbursement of share issue expenses (Refer note 62 & 20), Repayment of unsecured borrowing and interest thereon, Unsecured borrowing availed/CCD availed, Sitting Fees to Directors, Current borrowings balance
also owns 58.20% of the company
₹47 cr
company paid
ICONIQ BRANDS INDIA PRIVATE LIMITED
Other payments to them · Royalty Expenses, Trade Payables
₹1 cr
company paid
KISHORE RAJARAM CHHABRIA
Other payments to them · Interest on Superaanuation Fund, Sitting Fees, Superaanuation Fund Payable
₹33.1 L
company paid
STARVOICE PROPERTIES PRIVATE LIMITED
Paid them for services · Rent Expenses, Advance to supplier balance, Trade Payables
₹6 L
company paid
NEESHA KISHORE CHHABRIA
Other payments to them · Unsecured Borrowing availed/CCD availed, Interest on Superannuation Fund, Current borrowings Payables, Superaanuation Fund Payable
₹1.7 L
company paid
WOODPECKER INVESTMENTS PRIVATE LIMITED
Paid them for services · Rent Expenses, Trade payable balance
₹1.4 L
company paid

The company also transacted with 18 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.