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Tilaknagar Industries share price & results

Tilaknagar Industries Limited· Fast Moving Consumer Goods

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

Makes Indian spirits (brandy, whisky, rum, gin, vodka) led by Mansion House Brandy and Imperial Blue Whisky.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue1,046 ₹ crore+155.7% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin16.0 %−7.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit32.0 ₹ crore−64.0% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity11.75 %−17.1 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin-169.57 %−181.9 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)100.00 %+70.8 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

4 of 6 judged targets kept · 11 open · verdicts reflect calls analysed to Q1 FY27.

Tilaknagar Industries Limited management guidance track record on Inve: 17 targets tracked across analysed earnings calls (4 achieved, 2 missed, 11 open).

TargetOriginal wordingSaidLatest callVerdict
Working Capital Days53 to 55 days of gross revenue
Call transcript, Q4 FY26 · 30 May 2026		Q4 FY26Q1 FY27:No specific number provided for working capital days. Management noted debt increase was due to working capital investment.
Call transcript, Q1 FY27 · 28 Jul 2026		Ghosted
Combined Volume CAGR (FY28-FY30)double-digit
Call transcript, Q4 FY26 · 30 May 2026		Q4 FY26Q1 FY27:Guidance upgraded to 'mid-teens' annual volume growth for the couple of years beyond FY27.
Call transcript, Q1 FY27 · 28 Jul 2026		Revised Up
FY26 Volume Growthhigh mid-teens
Call transcript, Q4 FY25 · 15 May 2025		Q4 FY25Q4 FY26:FY26 ex-IB volume growth was ~13.7%, meeting the revised 'mid-teen' guidance but below the original 'high mid-teens' target.
Call transcript, Q4 FY26 · 30 May 2026		Achieved*

Source: Inve Guidance Tracker for Tilaknagar Industries Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

2 of Tilaknagar Industries Limited's 17 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 14 more targets are in the full ledger.

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Price

₹486.2 −1.01% · −₹4.95

Last close 26 Oct 2026 · NSE · INR · Source: Inve

Performance +2.7% 1Y

₹400₹450₹500₹550₹600Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 14 Nov 2025Q3 FY26 — 13 Feb 2026Q4 FY26 — 29 May 2026Q1 FY27 — 28 Jul 2026

1Y: ₹473.25 on 24 Oct 2025 → ₹486.2. High ₹601.5 (23 Sept 2026), low ₹388.8 (23 Jan 2026).

Previous close
₹491.15
Market cap
₹12.1k Cr
52-week range
₹388.8 – ₹601.5
One year
+2.24%
Price to earnings (TTM to Jun 2026)
53.15×
Return on equity (TTM to Jun 2026)
11.75%

Overview

Symbol
NSE:TI
Exchange
NSE
Currency
INR

What Tilaknagar Industries Limited does

Based on the company's own presentations, annual report and earnings calls.

Tilaknagar Industries manufactures and markets Indian Made Foreign Liquor (IMFL) — principally brandy, whisky, rum, gin and vodka — sold under owned brands through a pan-India distributor and depot network, with a smaller export business. It earns by producing spirits at a mix of directly-owned distilleries and third-party contract-manufacturing (bottling) units and selling finished branded cases to state-run and private distribution channels. In November 2025 it acquired the Imperial Blue whisky business, adding a second large national brand alongside its legacy brandy franchise (Mansion House). The company also holds strategic minority investments in craft-spirits ventures (Spaceman Spirits Lab, Round The Cocktails).

Segments

  • Indian Made Foreign Liquor (IMFL)
Manufacturing units
40+ units across India (post Imperial Blue integration)
Distribution depots
40,000 depots across 14 states
Export markets
10 countries
Brand portfolio
15+ distinct brands
Corporate offices
11 offices
Mansion House Brandy position
India's largest Prestige & Above brandy; 2nd largest-selling brandy globally
Founded 1933Employees 850 (FY26 (post Imperial Blue) Company website

How the price took the results

close before → close after

Q1 FY27
−0.6%
28 Jul
Q4 FY26
−4.6%
30 May
Q3 FY26
+0.1%
13 Feb
Q2 FY26
−4.0%
14 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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