Allied Blenders And Distillers Q2 FY27 Results: Consolidated Net Profit ₹69.02 Crore on Total Income of ₹2,089 Crore
Earnings
alcoholic beverages
Blacklitt Research3 min read
Allied Blenders and Distillers Limited reported consolidated total income of ₹2,089.47 crore and net profit of ₹69.02 crore for the quarter ended 30 Sep 2026. On a standalone basis, total income was ₹2,065.58 crore and net profit was ₹84.63 crore. The company said in a filing on 27 Oct 2026.
Key highlights
Consolidated
Including its subsidiaries
Total income: ₹2,089.47 crore, up 6.7% YoY and 15.2% QoQ
Net profit and EPS: ₹69.02 crore, up 9.7% YoY; basic EPS ₹2.56 against ₹2.23
Depreciation: ₹18.42 crore, up 11.6% YoY; the company says a method change lowered it by ₹4.97 crore
Standalone
The company on its own, without its subsidiaries
Total income: ₹2,065.58 crore, up 5.9% YoY and 14.7% QoQ
Net profit and EPS: ₹84.63 crore, up 17.9% YoY; basic EPS ₹3.02 against ₹2.56
Finance costs: ₹25.47 crore, down 10.9% YoY
Summary
Consolidated ₹ crore
Particulars
Q2 FY27
Q2 FY26
YoY
Q1 FY27
QoQ
2,089.47
1,957.35
+6.7%
1,813.79
+15.2%
Revenue from operations
2,085.46
1,952.59
+6.8%
1,809.15
+15.3%
Other income
4.01
4.76
-15.8%
4.64
-13.6%
69.02
62.92
+9.7%
45.42
+52.0%
Finance costs
27.59
29.81
-7.4%
29.48
-6.4%
Depreciation
18.42
16.50
+11.6%
22.79
-19.2%
Tax expense
28.14
20.95
+34.3%
22.42
+25.5%
Net profit margin
3.30%
3.21%
+0.09 pp
2.50%
+0.80 pp
Tax as share of profit before tax
29.0%
25.0%
+3.98 pp
33.0%
-4.09 pp
EPS, basic (₹)
2.56
2.23
+14.8%
1.76
+45.5%
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Consolidated net profit rose 9.7% YoY to ₹69.02 crore, faster than total income, which rose 6.7% to ₹2,089.47 crore. Against the quarter before (Q1 FY27), net profit rose 52.0% from ₹45.42 crore and total income rose 15.2% from ₹1,813.79 crore.
Finance costs fell 7.4% YoY to ₹27.59 crore. Depreciation rose 11.6% YoY to ₹18.42 crore. From 1 Jul 2026 the company changed the depreciation method on plant and machinery from written down value to straight line, and it says this lowered consolidated depreciation by ₹4.97 crore in the quarter.
Tax expense rose 34.3% YoY to ₹28.14 crore, from ₹20.95 crore. The auditor draws attention to the income tax matter, where the company has recorded a tax expense of ₹26.08 crore and related interest of ₹19.38 crore for the year ended 31 Mar 2026.
A customer dispute with Canteen Stores Department (CSD) also carries over. CSD raised a claim of ₹42.11 crore on 11 Dec 2023 over trade terms for sales made from 1 Mar 2012 to 31 Oct 2017. The company carries a ₹33.99 crore receivable from CSD as good and recoverable. An arbitral order dated 26 Sep 2026 upheld CSD's jurisdictional challenge, and the company says it will challenge that order.
Standalone ₹ crore
Particulars
Q2 FY27
Q2 FY26
YoY
Q1 FY27
QoQ
2,065.58
1,949.59
+5.9%
1,800.28
+14.7%
Revenue from operations
2,060.22
1,944.13
+6.0%
1,794.96
+14.8%
Other income
5.36
5.46
-1.8%
5.32
+0.8%
84.63
71.80
+17.9%
68.19
+24.1%
Finance costs
25.47
28.58
-10.9%
27.59
-7.7%
Depreciation
16.70
13.82
+20.8%
20.37
-18.0%
Tax expense
28.93
23.49
+23.2%
23.55
+22.8%
Net profit margin
4.10%
3.68%
+0.41 pp
3.79%
+0.31 pp
Tax as share of profit before tax
25.5%
24.6%
+0.82 pp
25.7%
-0.20 pp
EPS, basic (₹)
3.02
2.56
+18.0%
2.44
+23.8%
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Standalone net profit rose 17.9% YoY to ₹84.63 crore, faster than total income, which rose 5.9% to ₹2,065.58 crore. Against the quarter before (Q1 FY27), net profit rose 24.1% from ₹68.19 crore and total income rose 14.7% from ₹1,800.28 crore.
Finance costs fell 10.9% YoY to ₹25.47 crore, while depreciation rose 20.8% YoY to ₹16.70 crore. The company says the depreciation method change lowered standalone depreciation by ₹4.35 crore in the quarter.
Tax expense rose 23.2% YoY to ₹28.93 crore, from ₹23.49 crore. The company recorded stock option costs of ₹11.31 lakh in the quarter and ₹40.54 lakh in the period ended 30 Sep 2026 for options granted under the ABD Employee Stock Option Scheme.
Inference
In the half year to 30 Sep 2026 the company paid dividends of ₹151.04 crore, and its standalone purchases of property, plant and equipment and intangible assets came to ₹215.42 crore.
The Board waived on 14 May 2026 the Promoter Chairman's undertaking dated 28 Mar 2025, under which he had assured that any ultimate financial impact of the tax liability would be personally funded by him.
Neither the reason for the rise in consolidated borrowings in the half year nor a date for the regulatory and other approvals of the Scheme of Amalgamation with Deccan Star Distilleries India Private Limited and Sarthak Blenders & Bottlers Private Limited is given.
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ABDLAllied Blenders And Distillers Ltd.