BSECompany Update3d ago · 2 Sept 2026, 04:47 pm
Please find attached for Spirits and Bio Fuel.
India Glycols Ltd · 500201
✦ AI Summary▲ PositiveProduct Launch
India Glycols Ltd has announced an investor presentation for an analyst/institutional investor meeting, highlighting the growth of its Potable Spirits segment and the new Bio-fuels segment, which demonstrated a 100% revenue growth.
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Full Announcement
India Glycols Ltd - 500201 - Announcement under Regulation 30 (LODR)-Investor Presentation
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IGL/SE/2026-27/53
2nd September, 2026
The Manager (Listing) The Manager (Listing)
BSE Limited National Stock Exchange of India Limited
1st Floor, New Trading Ring, Exchange Plaza, C-1, Block G,
Rotunda Building, P.J. Towers, Bandra Kurla Complex,
Dalal Street, Bandra (East),
Mumbai – 400 001 Mumbai- 400 051
Scrip Code: 500201 Symbol: INDIAGLYCO
Dear Sirs,
Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 – Investor Presentation for Analyst /
Institutional Investor Meeting.
Further to our letter bearing no. IGL/SE/2026-27/50 dated 28th August, 2026 and
pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015, kindly find enclosed
herewith investor presentation for the analyst / institutional investor meeting to be
held on 2nd September, 2026.
This same is also being hosted on the Company’s website at
www.indiaglycols.com.
This is for your information and record.
Thanking you,
Yours truly,
For India Glycols Limited
Ankur Jain
Head (Legal) & Company Secretary
Encl: A/a
IGL Spirits Limited
Corporate Presentation
September 2026
Strictly private and confidential
Forward Looking Statements
Except for the historical information contained herein, statements in this presentation and any subsequent discussions, which include words or phrases such as 'will', 'aim', 'will likely result',
'would', 'believe', 'may', 'expect', 'will continue', 'anticipate', 'estimate', 'intend', 'plan', 'contemplate', 'seek to', 'future', 'objective', 'goal', 'likely', 'project', 'on-course', 'should', 'potential', 'pipeline',
'guidance', 'will pursue' 'trend line' and similar expressions or variations of such expressions may constitute 'forward-looking statements’.
These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking
statements.
These risks and uncertainties include, but are not limited to IGL Spirits Limited, India Glycols Limited and Ennature Bio Pharma Limited’s ability to successfully implement its strategy, the
Company’s growth and expansion plans, obtain regulatory approvals, provisioning policies, technological changes, investment and business income, cash flow projections, exposure to market
risks as well as other risks.
IGL Spirits Limited, India Glycols Limited and Ennature Bio Pharma Limited does not undertake any obligation to update forward-looking statements to reflect events or circumstances after the
date thereof.
These materials are not a prospectus, a statement in lieu of a prospectus, an offering circular, an invitation or an advertisement or an offer document under the Indian Companies Act, 2013
together with the rules and regulations made thereunder, the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended, or any
other applicable law in India. The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the
United States, except pursuant to an applicable exemption from registration. No public offering of securities is being made in the United States or in any other jurisdiction
The Potable Spirit segment achieved a significant growth by recording an increased revenue of over
2 - 3 pages on historical financials - including volume data, NSV, EBITDA / EBIT etc ... 13% as well as good growth in margins over the previous year which was through portfolio
premiumisation, markets expansions, strategic tie-ups with premium partners and channelizing the
whatever allied , radico etc report - uses the highest common disclosures . This piece
para-military and Canteen Stores Department (“CSD”) business. The new added segment of Bio-
is important for the market to value the business independentlyfrom: disha
fuels (carved out from BSPC segment during Q1/FY25) demonstrated a bumper revenue growth of
over 100% benefiting from supportive regulatory tailwinds and improved ethanol blending rates.
1. Introduction
IGL Spirits
An Integrated Alcohol Platform Spanning Consumers Brands Across Price Points, Premium ENA and Renewable Bio-Fuels
Integrated manufacturing with flexible
Portfolio spanning mass to recently Leadership in large
allocation across Spirits, ENA and
forayed premium Spirits non-IMFL markets
Bio-Fuels
Largest
Scaled
Superior …and Return Supported by producer & Strong North Strategic Visible Bio-
Manufacturing
Growth… Profile a Dual Engine consumer of India Presence Partnerships Fuels Demand
Base
spirits
Potable Spirits Top 5 spirits #1 in non-
~220mn Ltrs
Revenue CAGR1 379 MnL p.a.
Company3 IMFL
39% Combined ethyl- Initial allocation4
RoCE2 in UP &
alcohol capacity
20.5% FY26 sales of Uttarakhand
INR 1,450 Cr
EBITDA CAGR1 ~30mn
Estimated
48% Bio-fuels
cases
allocation Value
Note: (1) CAGR over FY24 - 26. (2) FY26 (3) In terms of sales volume in India. (4) For Ethanol Supply 2026
IGL SPIRITS JOURNEY
Built a consumer brands platform on a steadily expanding manufacturing foundation
Expansion into major core markets & CSD1 / Paramilitary channels
Launched Launched Bunty Babli listed
Amazing Vodka Zumba Lemoni in
and Single Naturally India Book of Zumba Rum Produces 1mn+ cases
g Reserve Whisky Citrus Rum Records-2023 series added ofRTDs and 1mn+ cases
i ofhigh-quality IMFL
a brandsannually
r Soulmate
e Whisky became a Extended portfolio including
m Amazing Vodka, Single Reserve
Millionaire case
u Whisky, Amazing Green Apple,
s sale brand Amazing Orange, Amazing Plain,
o Partnered Soulmate, V2O Orange Vodka &
C with Amrut Zumba Lemon
Distilleries
2025-
1999 2003 2010 2021 2023
Current
2002 2006 2014 2022 2024
Commissioned 85 Commissioned Set up ENA plant Expanded
g n KLPD distillery liquor bottling Started rum New Grain Kashipur distillery
i atKashipur plant; entering Started maturation basedplant in to 500 KLPD and New Entity ‘IGL
u IMFL and Set up co-packing all plant for Gorakhpur & bio-fuel ethanol Spirits Limited’
t c IMILLiquors Gorakhpur unit Bacardi brands Bacardi brands Kashipur plant to 590 KLPD post demerger
Note: CSD – Canteen Stores Department. (1) Core markets include Uttar Pradesh, Uttarakhand, Chandigarh, New Delhi & CSD / Paramilitary channels (UP, J&K, Punjab, Haryana, Delhi, Rajasthan, Bengal, Jharkhand,
Assam, Telangana, Karnataka, Tamil Nadu, Madhya Pradesh)
Uttar Pradesh, Uttarakhand, Chandigarh, New Delhi &
CSD / Paramilitary - UP, J&K, Punjab, Haryana, Delhi, Rajasthan, Bengal, Jharkhand, Assam, Telangana, Karnataka, Tamil Nadu, Madhya Pradesh
2. Industry Overview
Subtracted Beer segment and Footnoted
India is the Most Exciting Alcobev Market Globally, Supported by Powerful
Macroeconomic Tailwinds – a Massive TAM and Growth Opportunity Ahead
Powerful Macroeconomic Dynamics with a Large, Young Population, Growing Affluence, …Make India the Most Exciting Spirit
Urbanization and Underpenetrated Market... Market Globally
Average Per Capita Disposable Income ($) Domestic Alcoholic Beverage(1) Consumption by Value
(in $ billion(2))
2,229
+27% 9.5%
800m 20m c.49% +70% 1,750 7.9% CAGR 53
people of legal people entering population in the 1,019 24 CAGR
legal drinking age group of
drinking age
age p.a. 14-44 years
FY2020 FY2025 FY2030P
2015A 2025E 2029E
Domestic Alcoholic Beverage(1) Consumption by Volume
(in mn ltrs)
Large and predominantly young, working demographic Premiumization to be driven by rising affluence 3.4%
2.3%
CAGR
CAGR 8
Urban Population Share in India (%) Alcohol Consumption Per Capita of Pure Alcohol
(in litres, CY23)
FY2020 FY2025 FY2030P
+3% >40% 9.9
+8% 37% 9.2
29% Sales Volume of Spirits by Category
(CAGR FY2025A-2030P, %)
9.8%
4.7%
3.2% 3.4%
1.8%
2015A 2025E 2029E
Brandy Whisky Industry Rum White
Spirits
Rapid urbanization Underpenetrated market with low per capita consumption
Note: (1) Excl
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