Tilaknagar Industries Share Price

Monitoring agency report for the quarter ended September 30, 2026 on the utlisation of proceeds raised through preferential issue of equity shares and convertible share warrants of the Company.

• BSE India
• 6 hours 3 minutes ago

The stock is well off its 52-week high of 607.80 hit in September and is now down over 10 per cent in the past year, though it remains up 120 per cent over three years.

• Business Line
• 6 hours 38 minutes ago

<h3><span style="font-size:16px;"><strong>Breweries & Distilleries company Tilaknagar Industries announced Q2FY27 results</strong></span><br /> <!--TgQPHd|||[[2,[null,null,1,null,null,null,null,null,null,null,null,null,[351768,null,0]],[],null,1]]--></h3> <p><strong data-complete="true" data-processed="true" data-sfc-cp="" data-sfc-root="c" jsaction="" jscontroller="tP2kf#s32ZS" jsuid="JG0c9_1j">Standalone Financial Highlights:<!--TgQPHd|||[]--></strong><!--TgQPHd|||[]--></p> <ul data-complete="true" data-hveid="CAAIChAA" data-processed="true" data-sfc-cp="" data-sfc-root="c" jsaction="" jscontroller="wiLEJc#NS0kde" jsuid="JG0c9_1p"> <li data-complete="true" data-hveid="CAAIChAB" data-sae="" data-sfc-cp="" data-sfc-root="c" jsaction="" jscontroller="oSLmPe#HokZ0d" jsuid="JG0c9_1q">Revenue from Operations:<!--TgQPHd|||[]--> For Q2FY27<!--TgQPHd|||[]-->, revenue from operations stood at Rs 2,43,755.90 lakh, showing a QoQ increase of 8.22%<!--TgQPHd|||[]--> from Rs 2,25,237.37 lakh in Q1FY27 and a YoY increase of 171.77%<!--TgQPHd|||[]--> from Rs 89,692.13 lakh in Q2FY26. For H1FY27<!--TgQPHd|||[]-->, revenue from operations reached Rs 4,68,993.27 lakh, marking a YoY growth of 168.68%<!--TgQPHd|||[]--> against Rs 1,74,557.01 lakh in H1FY26.<!--TgQPHd|||[]--><!--TgQPHd|||[]--></li> <li data-complete="true" data-hveid="CAAIChAB" data-sae="" data-sfc-cp="" data-sfc-root="c" jsaction="" jscontroller="oSLmPe#HokZ0d" jsuid="JG0c9_1q">Total Income:<!--TgQPHd|||[]--> In Q2FY27<!--TgQPHd|||[]-->, total income was Rs 2,43,947.61 lakh, representing a QoQ increase of 8.04%<!--TgQPHd|||[]--> compared to Rs 2,25,792.80 lakh in Q1FY27 and a YoY expansion of 171.16%<!--TgQPHd|||[]--> from Rs 89,964.62 lakh in Q2FY26. For H1FY27<!--TgQPHd|||[]-->, total income advanced by 168.02% YoY<!--TgQPHd|||[]--> to Rs 4,69,740.41 lakh from Rs 1,75,264.91 lakh in H1FY26.<!--TgQPHd|||[]--><!--TgQPHd|||[]--></li> <li data-complete="true" data-hveid="CAAIChAB" data-sae="" data-sfc-cp="" data-sfc-root="c" jsaction="" jscontroller="oSLmPe#HokZ0d" jsuid="JG0c9_1q">Profit Before Tax (PBT):<!--TgQPHd|||[]--> For Q2FY27<!--TgQPHd|||[]-->, PBT stood at Rs 2,314.48 lakh, down by 30.57% QoQ<!--TgQPHd|||[]--> from Rs 3,333.61 lakh in Q1FY27 and down by 56.61% YoY<!--TgQPHd|||[]--> compared to Rs 5,334.37 lakh in Q2FY26. For H1FY27<!--TgQPHd|||[]-->, PBT declined by 60.17% YoY<!--TgQPHd|||[]--> to Rs 5,648.09 lakh as against Rs 14,181.76 lakh in H1FY26.<!--TgQPHd|||[]--><!--TgQPHd|||[]--></li> <li data-complete="true" data-hveid="CAAIChAB" data-sae="" data-sfc-cp="" data-sfc-root="c" jsaction="" jscontroller="oSLmPe#HokZ0d" jsuid="JG0c9_1q">Net Profit for the Period (PAT):<!--TgQPHd|||[]--> In Q2FY27<!--TgQPHd|||[]-->, PAT was Rs 2,314.48 lakh, down by 30.57% QoQ<!--TgQPHd|||[]--> from Rs 3,333.61 lakh in Q1FY27 and lower by 56.61% YoY<!--TgQPHd|||[]--> against Rs 5,334.37 lakh in Q2FY26. For H1FY27<!--TgQPHd|||[]-->, PAT dropped by 60.17% YoY<!--TgQPHd|||[]--> to Rs 5,648.09 lakh relative to Rs 14,181.76 lakh in H1FY26.<!--TgQPHd|||[]--><!--TgQPHd|||[]--></li> <li data-complete="true" data-hveid="CAAIChAB" data-sae="" data-sfc-cp="" data-sfc-root="c" jsaction="" jscontroller="oSLmPe#HokZ0d" jsuid="JG0c9_1q">Earnings Per Equity Share (EPS):<!--TgQPHd|||[]--> Basic EPS for Q2FY27<!--TgQPHd|||[]--> was Rs 0.93, declining 31.11% QoQ<!--TgQPHd|||[]--> from Rs 1.35 in Q1FY27 and down 66.18% YoY<!--TgQPHd|||[]--> from Rs 2.75 in Q2FY26. For H1FY27<!--TgQPHd|||[]-->, basic EPS fell 68.81% YoY<!--TgQPHd|||[]--> to Rs 2.28 compared to Rs 7.31 in H1FY26.</li> </ul> <p><strong data-complete="true" data-processed="true" data-sfc-cp="" data-sfc-root="c" jsaction="" jscontroller="tP2kf#s32ZS" jsuid="JG0c9_3u">Consolidated Financial Highlights:<!--TgQPHd|||[]--></strong><!--TgQPHd|||[]--></p> <ul data-complete="true" data-hveid="CAAIChAA" data-processed="true" data-sfc-cp="" data-sfc-root="c" jsaction="" jscontroller="wiLEJc#NS0kde" jsuid="JG0c9_1p"> <li data-complete="true" data-hveid="CAAIChAB" data-sae="" data-sfc-cp="" data-sfc-root="c" jsaction="" jscontroller="oSLmPe#HokZ0d" jsuid="JG0c9_1q">Revenue from Operations:<!--TgQPHd|||[]--> For Q2FY27<!--TgQPHd|||[]-->, consolidated revenue from operations stood at Rs 2,43,755.90 lakh, showing a QoQ increase of 8.22%<!--TgQPHd|||[]--> from Rs 2,25,242.47 lakh in Q1FY27 and a YoY increase of 171.77%<!--TgQPHd|||[]--> from Rs 89,692.13 lakh in Q2FY26. For H1FY27<!--TgQPHd|||[]-->, consolidated revenue from operations reached Rs 4,68,998.37 lakh, marking a YoY growth of 168.68%<!--TgQPHd|||[]--> against Rs 1,74,557.01 lakh in H1FY26.<!--TgQPHd|||[]--><!--TgQPHd|||[]--></li> <li data-complete="true" data-hveid="CAAIChAB" data-sae="" data-sfc-cp="" data-sfc-root="c" jsaction="" jscontroller="oSLmPe#HokZ0d" jsuid="JG0c9_1q">Total Income:<!--TgQPHd|||[]--> In Q2FY27<!--TgQPHd|||[]-->, consolidated total income arrived at Rs 2,43,833.38 lakh, expanding 8.04% QoQ<!--TgQPHd|||[]--> from Rs 2,25,696.09 lakh in Q1FY27 and up 171.21% YoY<!--TgQPHd|||[]--> against Rs 89,907.23 lakh in Q2FY26. For H1FY27<!--TgQPHd|||[]-->, consolidated total income grew 168.00% YoY<!--TgQPHd|||[]--> to Rs 4,69,529.47 lakh from Rs 1,75,197.90 lakh in H1FY26.<!--TgQPHd|||[]--><!--TgQPHd|||[]--></li> <li data-complete="true" data-hveid="CAAIChAB" data-sae="" data-sfc-cp="" data-sfc-root="c" jsaction="" jscontroller="oSLmPe#HokZ0d" jsuid="JG0c9_1q">Profit Before Tax (PBT):<!--TgQPHd|||[]--> For Q2FY27<!--TgQPHd|||[]-->, consolidated PBT came in at Rs 2,230.23 lakh, decreasing 29.17% QoQ<!--TgQPHd|||[]--> compared to Rs 3,148.58 lakh in Q1FY27 and down 57.85% YoY<!--TgQPHd|||[]--> against Rs 5,291.37 lakh in Q2FY26. For H1FY27<!--TgQPHd|||[]-->, consolidated PBT decreased 62.00% YoY<!--TgQPHd|||[]--> to Rs 5,378.81 lakh from Rs 14,153.82 lakh in H1FY26.<!--TgQPHd|||[]--><!--TgQPHd|||[]--></li> <li data-complete="true" data-hveid="CAAIChAB" data-sae="" data-sfc-cp="" data-sfc-root="c" jsaction="" jscontroller="oSLmPe#HokZ0d" jsuid="JG0c9_1q">Net Profit for the Period (PAT):<!--TgQPHd|||[]--> In Q2FY27<!--TgQPHd|||[]-->, consolidated PAT reached Rs 2,226.61 lakh, sliding 29.52% QoQ<!--TgQPHd|||[]--> from Rs 3,159.13 lakh in Q1FY27 and dropping 57.73% YoY<!--TgQPHd|||[]--> against Rs 5,267.76 lakh in Q2FY26. For H1FY27<!--TgQPHd|||[]-->, consolidated PAT dropped 61.85% YoY<!--TgQPHd|||[]--> to Rs 5,385.74 lakh from Rs 14,118.51 lakh in H1FY26.<!--TgQPHd|||[]--><!--TgQPHd|||[]--></li> <li data-complete="true" data-hveid="CAAIChAB" data-sae="" data-sfc-cp="" data-sfc-root="c" jsaction="" jscontroller="oSLmPe#HokZ0d" jsuid="JG0c9_1q">Earnings Per Equity Share (EPS):<!--TgQPHd|||[]--> Basic consolidated EPS for Q2FY27<!--TgQPHd|||[]--> was Rs 0.90, down 29.69% QoQ<!--TgQPHd|||[]--> from Rs 1.28 in Q1FY27 and down 66.79% YoY<!--TgQPHd|||[]--> from Rs 2.71 in Q2FY26. For H1FY27<!--TgQPHd|||[]-->, basic consolidated EPS dropped 70.05% YoY<!--TgQPHd|||[]--> to Rs 2.18 compared to Rs 7.28 in H1FY26.</li> </ul> <p><!--TgQPHd|||[]--></p> <p><strong>Business Highlights:</strong><br /> <!--TgQPHd|||[]--><!--TgQPHd|||[]--></p> <ul data-complete="true" data-hveid="CAAIEBAA" data-processed="true" data-sfc-cp="" data-sfc-root="c" jsaction="" jscontroller="wiLEJc#NS0kde" jsuid="JG0c9_5h"> <li data-complete="true" data-hveid="CAAIEBAD" data-sae="" data-sfc-cp="" data-sfc-root="c" jsaction="" jscontroller="oSLmPe#HokZ0d" jsuid="JG0c9_5o"><strong data-complete="true" data-sfc-cp="" data-sfc-root="c" jsaction="" jscontroller="tP2kf#s32ZS" jsuid="JG0c9_5q">Imperial Blue Division Integration Costs:<!--TgQPHd|||[]--></strong> The company continued to incur non-recurring post-acquisition integration, transition, and implementation costs associated with the Imperial Blue business division acquired from Pernod Ricard India Private Limited (PRI). These charges stood at Rs 1,094.62 lakh for Q2FY27 and Rs 4,106.54 lakh for H1FY27, and have been categorized under exceptional items.<!--TgQPHd|||[]--><!--TgQPHd|||[]--></li> <li data-complete="true" data-hveid="CAAIEBAE" data-sae="" data-sfc-cp="" data-sfc-root="c" jsaction="" jscontroller="oSLmPe#HokZ0d" jsuid="JG0c9_5r"><strong data-complete="true" data-sfc-cp="" data-sfc-root="c" jsaction="" jscontroller="tP2kf#s32ZS" jsuid="JG0c9_5t">Strategic Premium Craft Spirits Investment:<!--TgQPHd|||[]--></strong> During Q2FY27, the company deployed a further strategic investment of Rs 200.00 lakh on July 07, 2026, by subscribing to 1,569 Compulsorily Convertible Preference Shares (CCPS) of Round the Cocktails Private Limited (RTCP), expanding its fully diluted stake to 41.45% and reinforcing its craft spirits portfolio expansion.<!--TgQPHd|||[]--><!--TgQPHd|||[]--></li> <li data-complete="true" data-hveid="CAAIEBAF" data-sae="" data-sfc-cp="" data-sfc-root="c" jsaction="" jscontroller="oSLmPe#HokZ0d" jsuid="JG0c9_5u"><strong data-complete="true" data-sfc-cp="" data-sfc-root="c" jsaction="" jscontroller="tP2kf#s32ZS" jsuid="JG0c9_5w">Tequila and Agave Spirits Segment Tranche:<!--TgQPHd|||[]--></strong> The company successfully concluded the first tranche of its strategic entry into tequila and agave spirits by investing Rs 599.99 lakh on September 15, 2026, to acquire a 12.5% fully diluted stake in Black Tiger Distilleries Private Limited (BTD).<!--TgQPHd|||[]--><!--TgQPHd|||[]--></li> <li data-complete="true" data-hveid="CAAIEBAG" data-sae="" data-sfc-cp="" data-sfc-root="c" jsaction="" jscontroller="oSLmPe#HokZ0d" jsuid="JG0c9_5x"><strong data-complete="true" data-sfc-cp="" data-sfc-root="c" jsaction="" jscontroller="tP2kf#s32ZS" jsuid="JG0c9_5z">Amalgamation Scheme Development:<!--TgQPHd|||[]--></strong> The company has initiated a Composite Scheme of Amalgamation to merge two of its wholly-owned subsidiaries, viz. Punjabexpo Breweries Private Limited and Vahni Distilleries Private Limited, into itself, with a proposed effective date of April 01, 2026, subject to regulatory NCLT approvals.<!--TgQPHd|||[]--><!--TgQPHd|||[]--></li> <li data-complete="true" data-hveid="CAAIEBAH" data-sae="" data-sfc-cp="" data-sfc-root="c" jsaction="" jscontroller="oSLmPe#HokZ0d" jsuid="JG0c9_60"><strong data-complete="true" data-sfc-cp="" data-sfc-root="c" jsaction="" jscontroller="tP2kf#s32ZS" jsuid="JG0c9_62">Subsidiary Interest Protest Claim:<!--TgQPHd|||[]--></strong> Its wholly-owned subsidiary, Prag Distillery (P) Ltd, deposited interest of Rs 1,964.97 lakh under protest with the Excise Department to expand its bottling unit licence. Backed by legal counsel, this has been recognized as a recoverable asset under current financial receivables with no provisions taken.</li> </ul> <p><strong>Amit Dahanukar, Chairman & Managing Director, said:</strong></p> <p><strong>“Integration Update: </strong>Post Q1, the states which transitioned out of TSMA under TI operations have been stabilized, marking another step towards successful integration. The last remaining state will also be transitioned towards end of FY27. As a result, exceptional costs relating to the transition have significantly reduced during Q2FY27 and will continue at the same levels over the next 2 quarters.</p> <p><strong>Volumes & Market Share:</strong> While primary volumes in Q2 have remained flattish, our secondary volumes have remained robust and shown an impressive 8% growth on QoQ basis with Imperial Blue secondaries growing at 8.5% and existing business secondaries growing at ~7%. Imperial Blue has further strengthened its position with a Pan-India market share gain of 100bps+ during the quarter. The market share gains were led by strong performance in Karnataka, Andhra Pradesh, Uttarakhand, Assam and Rajasthan. Existing business volumes have grown in Karnataka and Eastern region, with other key states performing consistently well. Our NSR per case has moderated slightly during the quarter on account of state mix, however, we are confident of sustained growth in NSR going forward. The NSR growth will be driven by favourable state mix, price increases and expected new launches (FY28 onwards).</p> <p><strong>Margins and Inflation:</strong> Ongoing geopolitical tensions have resulted in continued inflationary pressures across packaging inputs, particularly glass, resulting in a meaningful increase in packaging costs during the last 2 quarters. While exiting Q2FY27, ENA prices have also started to show an inflationary trend with rising fuel and grain costs. Consequently, gross margins were under pressure. However, as committed in Q1, we have been working consistently on our cost optimization initiatives which have shown positive results, helping us protect our margins.</p> <p><strong>Marketing Initiatives:</strong> We have consistently focused on our brand communications and have made impactful strides during the current quarter. On the proud occasion of Independence Day, we had two great outcomes. Firstly, Mansion House Brandy and Monarch Legacy Edition Brandy were showcased in Times Square, New York City, for 72 hours with 2,500+ plays and 1.2 mn+ visitors. Secondly, TI launched its first ATL campaign for Imperial Blue Packaged Drinking Water under “Men Will Be Men” which continued with its central theme of humour.</p> <p><strong>Policy Update:</strong> The policy and regulatory environment continued to see encouraging developments in Q2. Karnataka, on the back of the recent excise policy reforms, has witnessed strong growth in the P&A category with significant benefits for both Imperial Blue Whisky and Mansion House Brandy. Further, there are early signals of reform in Tamil Nadu, the largest Brandy market in India. Mansion House Reserve Brandy has seen 25%+ QoQ volume growth with 50% YoY growth in Sep-26, emerging as the highest volume month ever.</p> <p><strong>Going Forward:</strong> Our focus continues to deliver profitable growth in Imperial Blue and Mansion House, with a clear vision on long-term value creation. We will continue to accelerate our luxury and super-premium portfolio across key markets, while leveraging IB’s strong distribution network to introduce new products across premium price points.”</p> <p><a class="lb" href="/get-document/post/pdf/5920265/" target="_blank">Result PDF</a></p>

• Trendlyne
• 8 hours 19 minutes ago