NSEPress Release11 Aug 2026 · 11 Aug 2026, 06:24 pm
Press Release
Piccadily Agro Industries Limited · PICCADIL
✦ AI Summary▲ PositiveResults
Piccadily Agro Industries Limited has announced its unaudited results for Q1 of 2026-27, with revenue from operations increasing 18.1% YoY to INR 270 crore, and profit rising 15.4% to INR 22 crore. The company's Branded Alcobev Business revenue grew 47.3% YoY, driven by strong market demand and increasing consumer acceptance across key markets.
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Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk4/10
Liquidity Impact9/10
Market Sentiment8/10
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Piccadily Agro Industries Limited has informed the Exchange regarding a press release dated August 11, 2026, titled "Unaudited Results for Q1 of 2026-27".
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Date: 11/08/2026
To, To,
BSE Limited The National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, G Block
Dalal Street, Mumbai 400 001 Bandra Kurla Complex, Bandra East
Scrip Code: 530305 Mumbai-400051
NSE Symbol: PICCADIL
Sub: Press Release
Dear Sir / Madam,
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015, please find enclosed herewith a copy of the Press
Release dated 11th August 2026 announcing the Piccadily Agro Industries Limited Q1 FY27
Result.
You are requested to take note of the same.
Thanking you,
Sd/-
Niraj Kumar Sehgal
Company Secretary & Compliance Officer
Piccadily Agro Industries Limited
Piccadily Agro Industries Ltd.
Registered Office: Village Bhadson, Umri – Indri Road, Teh. Indri, Distt. Karnal, Haryana-132117 (India)
Corporate Office: G-17, JMD Pacific Square, Sector-15 (Part-2), Gurugram, Haryana 122002 (India)
Ph.: +91-124-4300840, Website: www.piccadily.com, Email: info@piccadily.com
Investor Relations: Ph.: +91-172-5083695, Website: www.picagro.com, Email: piccadilygroup34@rediffmail.com
CIN No.: L01115HR1994PLC032244
PRESS RELEASE
PICCADILY AGRO Q1 FY27 BRANDED ALCOBEV BUSINESS REVENUE SURGES 47.3%; EBITDA
OF THE COMPANY CLIMBS 21% AS PREMIUM, SUPER-PREMIUM & LUXURY PORTFOLIO
POWERS GROWTH
Strong Operational Performance Drives 18.1% Growth In Revenue From Operation, With
Distillery Revenue At ₹206 Crore, EBITDA At ₹47 Crore And Net Profit At ₹22 Crore
11th August 2026, New Delhi - Piccadily Agro Industries Limited (PAIL), one of India’s leading
producers of premium alcoholic beverages, today announced its financial results for the quarter
ended June 30, 2026.
The company delivered a strong start to FY27, led by rapid growth in its Branded Alcobev
portfolio comprising brands Indri Single Malt Whisky, Camikara Rum, Cashmir Vodka & Whistler
Blended Whisky, a richer Distillery revenue mix and sustained momentum across its premium
spirits business. Revenue from operations increased 18.1% YoY to INR 270 crore, while profit
rose 15.4% to INR 22 crore. Performance was supported by sustained consumer demand for its
branded portfolio and disciplined execution.
Piccadily Agro Industries Ltd.
Registered Office: Village Bhadson, Umri – Indri Road, Teh. Indri, Distt. Karnal, Haryana-132117 (India)
Corporate Office: G-17, JMD Pacific Square, Sector-15 (Part-2), Gurugram, Haryana 122002 (India)
Ph.: +91-124-4300840, Website: www.piccadily.com, Email: info@piccadily.com
Investor Relations: Ph.: +91-172-5083695, Website: www.picagro.com, Email: piccadilygroup34@rediffmail.com
CIN No.: L01115HR1994PLC032244
Q1 FY27 Performance Highlights
Branded Alcobev Business Revenue grew 47.3% YoY, reflecting strong market
demand and increasing consumer acceptance across key markets.
The Branded Alcobev Business contributed 43.5% of Distillery revenue, compared
with 37.8% in Q1 FY26, demonstrating the continued improvement in the Company’s
revenue mix.
Revenue of the company increased 18.1% YoY.
Distillery revenue grew 26.3% YoY to INR 206 crore.
EBITDA increased 21% to INR 47 crore, supported by revenue growth and a higher
contribution from the Branded Alcobev Business.
Net Profit increased to INR 22 crore in Q1 FY27 from INR 19 crore in Q1 FY26,
representing a growth of 15.4% YoY.
The strong growth in Branded Alcobev Business revenues underscores the success of Piccadily
Agro’s strategy of building a premium, consumer-led portfolio while enhancing the contribution
of value-added products to its overall business.
Commenting on the performance, Mr. Natwar Agarwal, Chief Financial Officer, Piccadily Agro
Industries Limited, said, “We have commenced FY27 on a strong note, with our Branded Alcobev
Business delivering revenue growth of 47.3% YoY. Its contribution to Distillery revenue has
increased to 43.5%, reaffirming the strength of our premiumisation strategy and the sustained
demand for our brands across markets.
The 26.3% growth in Distillery revenue, alongside a 21% increase in EBITDA, demonstrates the
resilience of our business model and the effectiveness of our execution. We remain focused on
expanding our consumer franchise, strengthening distribution and building a portfolio of brands
with enduring value. We expect to deliver 60–70% growth for the full year, with H2 being the
main driver and contributing approximately 60–65% of our annual revenue.
The commencement of sales from our Chhattisgarh operations in June 2026 represents an
important milestone in the continued expansion of our geographic footprint. We expect these
operations to scale progressively over the next three quarters, strengthening our presence
across Central and Eastern India while also enabling us to serve select markets in Southern India.
As we expand, we remain focused on disciplined and profitable growth, while continuing to
strengthen product quality, brand equity, and the long-term sustainability of the business.”
Early demand trends in Chhattisgarh have been encouraging, highlighting the market’s
potential and supporting the Company’s expansion strategy.
Piccadily Agro remains focused on accelerating the growth of its Branded Alcobev Business,
expanding its presence across strategic markets and improving the share of premium and value-
added products in its revenue mix.
Piccadily Agro Industries Ltd.
Registered Office: Village Bhadson, Umri – Indri Road, Teh. Indri, Distt. Karnal, Haryana-132117 (India)
Corporate Office: G-17, JMD Pacific Square, Sector-15 (Part-2), Gurugram, Haryana 122002 (India)
Ph.: +91-124-4300840, Website: www.piccadily.com, Email: info@piccadily.com
Investor Relations: Ph.: +91-172-5083695, Website: www.picagro.com, Email: piccadilygroup34@rediffmail.com
CIN No.: L01115HR1994PLC032244
The Company will continue to pursue growth through disciplined market expansion, brand-
building investments, operational efficiencies and prudent capital allocation.
* * *
Stock Ticker:
BSE (PICCADIL | 530305 | INE546C01010)
https://www.bseindia.com/stock-share-price/piccadily-agro-industries-ltd/piccadily-agro-
inds/530305/
NSE Piccadily Agro Industries Limited (INE546C01010)
https://www.nseindia.com/get-quotes/equity?symbol=PICCADIL
About Piccadily Agro Industries Limited (PAIL)
Piccadily Agro Industries Limited (PAIL) is a publicly listed company operating in two strategic
segments — Distillery and Sugar. The company’s manufacturing facility at Indri, Haryana and
Chhattisgarh is equipped with advanced technology for producing Malt Spirit, ENA, Ethanol and
White Crystal Sugar.
PAIL has established itself as a leading name in the premium spirits category with brands such
as Indri Single Malt, Camikara Aged Rum, Cashmir Vodka and Whistler Whisky earning
recognition in both domestic and international markets.
The company has successfully positioned itself as a leader in the Indian single malt whisky
market by becoming the ‘fastest growing single malt whisky brand’ in 2024. It continues to focus
on innovation, premiumization, and capacity expansion to sustain growth and deliver long-term
value to its stakeholders.
Website: www.piccadily.com
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Disclaimer
This press release, prepared by Piccadily Agro Industries Limited (the “Company”), is intended
solely for compliance and informational purposes. It does not constitute an offer,
recommendation, or invitation to purchase or subscribe to any securities, nor should it form
the basis of or be relied upon for any contract or binding commitment. No offering of securities
will be made except through a statutory offering document containing detailed information
about the Company.
Piccadily Agro Industries Ltd.
Registered Office: Village Bhadson, Umri – Indri Road, Teh. Indri, Distt. Karnal, Haryana-132117 (India)
Corporate Office: G-17, JMD Pacific Square, Sector-
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