Want to see IN:ABDL full AI Analyst Report?
Top Page
Allied Blenders and Distillers Limited
(ABDL)
Select Model
Select Model
Rating:62Neutral
Price Target:
₹745.00
▲(35.14% Upside)
Action:Reiterated
Date:07/07/26
The score is driven primarily by improved profitability and a healthier leverage profile, offset by weak and volatile cash conversion (including negative FY2026 free cash flow). Technically the stock is in a strong uptrend, but overbought momentum raises near-term risk. A very high P/E and low yield further cap the overall score due to stretched valuation.
Positive Factors
Profitability Improvement
Sustained margin expansion and an earnings inflection provide a structural uplift to cash earnings power and return on capital. Higher gross and EBIT margins improve resilience to cost shocks and create durable capacity to invest in brands, distribution, and premiumization over the medium term.
Negative Factors
Inconsistent Cash Generation
Large swings in operating cash and recent negative free cash flow signal weak cash conversion and working-capital vulnerability tied to state payment cycles. This undermines the durability of reported earnings and constrains internal funding for capex, brands, or debt reduction over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Profitability Improvement
Sustained margin expansion and an earnings inflection provide a structural uplift to cash earnings power and return on capital. Higher gross and EBIT margins improve resilience to cost shocks and create durable capacity to invest in brands, distribution, and premiumization over the medium term.
Read all positive factors
Allied Blenders and Distillers Limited (ABDL) vs. iShares MSCI India ETF (INDA)
Market Cap
₹181.41B
Dividend Yield0.58%
Average Volume (3M)30.86K
Price to Earnings (P/E)79.5
Beta (1Y)1.67
Revenue Growth-44.43%
EPS Growth17.17%
CountryIN
Employees902
SectorGeneral
Sector StrengthN/A
IndustryBeverages - Alcoholic
Share Statistics
EPS (TTM)5.15
Shares Outstanding279,710,140
10 Day Avg. Volume27,702
30 Day Avg. Volume30,863
Financial Highlights & Ratios
PEG Ratio3.68
Price to Book (P/B)6.81
Price to Sales (P/S)2.89
P/FCF Ratio-95.63
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹780.00Price Target Upside41.48% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)11.66
Revenue Forecast (FY)₹44.58B
Allied Blenders and Distillers Limited Business Overview & Revenue Model
Company Description
Allied Blenders and Distillers Limited produces and sells alcoholic beverages in India and internationally. The company offers whisky, brandy, rum, vodka, and gin under the Arthaus Collective Blended Malt Scotch, Officer’s Choice, Sterling Reserve...
How the Company Makes Money
ABDL primarily makes money by selling bottled spirits (mainly IMFL whisky and other spirit categories) in the domestic market. Revenue is generated through the sale of branded products to state beverage corporations, licensed wholesalers/distribut...
Allied Blenders and Distillers Limited Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
70
Positive
Cash Flow
46
Neutral
| Breakdown | TTM | Mar 2025 | Jun 2024 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 17.35B | 39.23B | 33.44B | 31.78B | 29.96B | 25.59B |
| Gross Profit | 4.83B | 11.75B | 12.05B | 9.88B | 9.31B | 8.64B |
| EBITDA | 2.80B | 5.42B | 4.51B | 2.43B | 1.96B | 2.08B |
| Net Income | 1.43B | 2.28B | 1.95B | 18.29M | 16.00M | 14.76M |
Balance Sheet | ||||||
| Total Assets | 38.43B | 41.54B | 35.35B | 26.36B | 24.88B | 22.48B |
| Cash, Cash Equivalents and Short-Term Investments | 1.57B | 2.11B | 1.04B | 456.21M | 499.94M | 487.95M |
| Total Debt | 10.56B | 11.51B | 9.05B | 8.35B | 7.93B | 8.63B |
| Total Liabilities | 22.61B | 24.68B | 19.72B | 22.29B | 20.82B | 18.44B |
| Stockholders Equity | 15.58B | 16.63B | 15.43B | 4.07B | 4.06B | 4.04B |
Cash Flow | ||||||
| Free Cash Flow | -208.76M | -1.18B | -8.09B | 1.40B | 2.10B | 1.20B |
| Operating Cash Flow | 1.97B | 2.31B | -6.78B | 1.86B | 2.30B | 1.79B |
| Investing Cash Flow | -2.51B | -3.34B | -1.82B | -545.28M | -184.03M | 321.34M |
| Financing Cash Flow | 1.20B | 1.44B | 9.22B | -1.32B | -2.03B | -2.56B |
Allied Blenders and Distillers Limited Technical Analysis
Positive
551.30
Price Trends
589.86
Positive
533.22
Positive
550.81
Positive
Market Momentum
25.34
Positive
54.89
Neutral
37.79
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ABDL, the sentiment is Positive. The current price of 551.3 is below the 20-day moving average (MA) of 647.61, below the 50-day MA of 589.86, and above the 200-day MA of 550.81, indicating a bullish trend. The MACD of 25.34 indicates Positive momentum. The RSI at 54.89 is Neutral, neither overbought nor oversold. The STOCH value of 37.79 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:ABDL.
Allied Blenders and Distillers Limited Peers Comparison
UnderperformOutperform
Sector (55)
IN:ABDL
Allied Blenders and Distillers Limited
648.55
165.05
34.14%
IN:GLOBUSSPR
Globus Spirits Limited
924.75
-96.38
-9.44%
IN:IFBAGRO
IFB Agro Industries Ltd.
960.25
259.40
37.01%
Allied Blenders and Distillers Limited Corporate Events
Allied Blenders and Distillers Reports AGM Proceedings and Voting Outcomes
Jul 6, 2026
Allied Blenders and Distillers Limited held its 18th Annual General Meeting on July 6, 2026 via video conferencing and other audio-visual means, in line with the Companies Act and SEBI listing requirements. The meeting ran for over two hours and i...
Allied Blenders Discloses Arbitration Dispute Involving Subsidiary Partner
Jun 7, 2026
Allied Blenders and Distillers Limited has disclosed that a dispute has arisen involving partner Balaji Shivdas Pawar of its subsidiary Minakshi Agro Industries LLP, who has initiated arbitration proceedings. He is seeking recovery of about Rs 255...
Allied Blenders’ Premium Portfolio Wins Big at London Spirits Competition 2026
Apr 29, 2026
Allied Blenders and Distillers Limited and its super-premium and luxury-focused subsidiary ABD Maestro Pvt. Ltd have earned three Gold medals at the 2026 London Spirits Competition, with ZOYA Special Batch Gin, ZOYA Espresso Coffee Gin, and WOODBU...
Allied Blenders Subsidiary Sees Rs 16.16 Crore Tax Demand Cut to Zero
Apr 23, 2026
Allied Blenders and Distillers has disclosed that its wholly owned subsidiary, ABD Dwellings Private Limited, has received an income-tax order dated April 22, 2026, that fully eliminates a previously outstanding tax liability of Rs. 16.16 crore. T...
ABD Maestro Named ‘Distiller of the Year’ at Icons of Whisky India 2026
Apr 16, 2026
ABD Maestro Pvt. Ltd., the super-premium and luxury spirits arm of Allied Blenders Distillers, has been named ‘Distiller of the Year’ at the 15th Icons of Whisky India Awards 2026 in Gurugram. The honor coincides with the subsidiary&#...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.