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Allied Blenders and Distillers Limited

ABDLNSE
Market snapshot · 2026-08-11 08:55 UTC

619.40

₹-5.30 (-0.85%)

MARKET CAP

₹17.33K Cr

STOCK P/E

78.3x

52W HIGH

₹711.70

52W LOW

₹382.10

BOOK VALUE

₹59.44

EPS

₹7.91

ROE

SECTOR

Consumer Staples

DEBT/EQUITY

68.25

VOLUME

1.62L

P/B RATIO

10.42x

PEG RATIO

-6.07

Sector

Consumer Staples

Themes

Alcoholic Beverages
D
Dividend
E
Earnings
₹656.37₹590.69₹525.01₹459.32₹393.64VolumeEEEDAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Allied Blenders and Distillers is an alcoholic-beverages company selling whisky, brandy, rum, vodka, and gin in India and overseas. Its revenue is anchored by Officer’s Choice, Sterling Reserve, ICONiQ, and other spirits brands, with packaged drinking water providing an additional offering. The approved ₹495.5 crore Uttar Pradesh capacity expansion should support volume growth and improve operating leverage as demand scales. Revenue grew 11.0% year-on-year, while profit increased 17.2%, indicating improving margins and earnings conversion. ROE is unavailable, but debt/equity of 68.25 signals substantial leverage, which can amplify financial costs and constrain future returns. At 75.8x earnings, the shares appear rich relative to current growth, despite positive market sentiment. The valuation therefore depends on faster capacity-led growth and sustained margin improvement, with leverage remaining the key structural risk.

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for ABDL.

11.00 analysts

Price Forecast

Current
₹619.40
High Target
₹822.00
▲ +32.7%
Median Target
₹728.00
▲ +17.5%
Low Target
₹650.00
▲ +4.9%
Now₹619.40High ₹822.00Median ₹728.00Low ₹650.00Aug '25Now12M Target
Price history (1Y)
Analyst target range
11 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹491.64 - ₹825.0480%
6M₹454.12 - ₹944.3580%
12M₹412.57 - ₹1,16280%
Realized vol: +40.4% · Drift: +19.3%

Revenue Forecast

₹ Cr
Jun '26Current₹970.0
Sep 2026 ETrend estimate range
High₹1,114.1Base₹1,031.5Low₹949.0
Sep '25: ₹984.0 · Dec '25: ₹985.0 · Mar '26: ₹993.0 · Jun '26: ₹970.0 · Sep '26: ₹1,031.5 · Dec '26: ₹1,032.6
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E984.0985.0993.0970.01,031.51,032.6
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Jun '26Current₹2.44
Sep 2026 ETrend estimate range
High₹3.03Base₹2.71Low₹2.38
Sep '25: ₹2.57 · Dec '25: ₹2.79 · Mar '26: ₹2.05 · Jun '26: ₹2.44 · Sep '26: ₹2.71 · Dec '26: ₹2.94
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E2.572.792.052.442.712.94
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Neutral
63%
Analyst Consensus
Positive

From 11 analysts

Mean upside+18.2%

Fundamentals

Moderate

Fundamentals institutional score is 64 using growth durability 64.4.

Valuation

Premium valuation

Valuation institutional score is 36 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Positive

Analyst View institutional score is 80 using mean target upside 18.2%; dispersion penalty 9.4; recommendation breadth from available consensus.

Technical Structure

Strong Trend

Technicals institutional score is 78 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Neutral backdrop

Recent news flow is balanced or not decisive enough to tilt the tape. Based on 1 recent ticker-linked news items.

Signal Summary

Market intelligence remains Neutral. analyst consensus and technical structure provide support, while valuation and market sentiment remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals ModerateValuation Premium valuationAnalyst Consensus PositiveTechnical Structure Strong TrendMarket Sentiment Neutral backdrop

Key Data Points

Mean Target Price732.1 target
Mean Upside+18.2%
Technical Score78%
Fundamental Score64%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 44.0% above historical median. Valuation is rising — currently in the strongly overvalued zone (z-score: +1.44). Confidence: 74%.

Live forward EPS implies next-12-month EPS of ₹15.53. Applying the stock's normalized valuation corridor produces a fair range of ₹648.22 to ₹1,074.99, with base value near ₹844.52 (+36.3% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Below normalized range

Forward EPS

₹15.53

Forward P/E

39.9x

Base Fair Value

₹844.52

Fair Range

₹648.22 - ₹1,074.99

Upside To Base

+36.3%

Estimate Source

Live forward EPS

Growth Estimate

-12.9%

P/E
Strongly Overvalued

5Y Average

58.86

Current

78.31

Overvalued

69.22

Undervalued

41.74

EV/EBITDA
Strongly Overvalued

5Y Average

25.70

Current

34.19

Overvalued

30.55

Undervalued

19.50

P/S
Strongly Overvalued

5Y Average

3.27

Current

4.35

Overvalued

3.76

Undervalued

2.78

Peers & Comparison

Sector: Consumer Staples · Theme: Alcoholic Beverages

Alcoholic Beverages Peers3 peers
Avg P/E: 89.3x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
RADICO KHAITAN LTD
RADICOAlcoholic Beverages
+19.5%8.8%
85.3x
Fair
-4% vs avg
+57.1%
UNITED BREWERIES LTD
UBLAlcoholic Beverages
+7.1%4.2%
93.4x
Fair
+5% vs avg
-27.1%
TILAKNAGAR INDUSTRIES LTD
TIAlcoholic Beverages
+155.7%-1.2%
-0.6%
WHY THESE PEERS

ALLIED BLEND N DISTILS L trades in line with peers (78.0x vs avg 89.3x), reflecting a fair valuation within the Alcoholic Beverages cohort. Peers include RADICO KHAITAN LTD, UNITED BREWERIES LTD, TILAKNAGAR INDUSTRIES LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹970 CrJun 2026

Latest net profit

₹68 CrJun 2026

Latest EPS

₹2.44Jun 2026

Net margin

14.0%Jun 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.0%5.0%10.0%15.0%20.0%0.00 Cr250 Cr500 Cr750 Cr1.00K Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.00 Cr250 Cr500 Cr750 Cr1.00K Cr₹0₹1₹1₹2₹3
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr250 Cr500 Cr750 Cr1.00K Cr

Latest reported period: Jun 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-1.50K Cr0.00 Cr1.50K Cr3.00K Cr4.50K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +814851895768758868974921919984985993970
Expenses +762780835708683764857785804852838812836
Operating Profit5271596074104117136115132147181134
OPM %6%8%7%8%10%12%12%15%12%13%15%18%14%
Other Income +11-232241475-1145
Interest39434645442527282629255028
Depreciation12121416161612141414162620
Profit before tax216-32176581108829510611992
Tax %184%29%43%64%26%26%28%25%26%25%26%52%26%
Net Profit +-212-41124858816172785768
EPS in Rs-0.080.48-0.150.020.441.732.092.902.182.572.792.052.44
Raw PDF
YOY Sales Growth %-0.43%-6.96%1.94%8.82%19.94%21.24%13.39%1.13%7.85%5.59%
Material Cost %66%61%65%61%61%57%57%57%58%57%54%53%55%
Employee Cost %6%5%4%6%6%4%5%4%5%6%5%5%6%
Exceptional items0.000.00-4.990.000.000.000.000.000.000.00-3.190.340.00
Other income normal0.910.842.862.681.992.283.5314.047.375.462.5813.325.32
Exceptional items AT00-40000000-200
Profit excl Excep-21201124858816172805768
Profit for PE-21201124858816172805768
Profit for EPS-212-41124858816172785768
YOY Profit Growth %258%745%314%26,432%14,133%400%48%38%-29%12%

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +80.91%80.91%80.91%80.91%80.91%
FIIs +2.82%2.96%3.36%3.23%3.24%
DIIs +4.73%4.56%4.61%4.82%5.07%
Public +11.53%11.58%11.12%11.03%10.77%
Others0.01%0.01%0.01%
Jun 2026
Promoters +
FIIs +
DIIs +
Public +
Others

Events Timeline

Annual Report FY26

FY2026PDFCompany Reports Open

Capacity Expansion - Moradabad, Uttar Pradesh

Aug 06, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Aug 05, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Scheme of Arrangement

Aug 03, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Earnings Call Transcript

Jul 31, 2026PDFCompany Reports Open