| Revenue growth | Q2 +19.4%; H1 +18.8% YoY (revenue from operations) |
|---|---|
| Margins | Q2 EBITDA margin 21.7%, down 110 bps YoY |
| Demand visibility | Branded alcobev volumes +38% Q2, +45% H1 |
| Management confidence | Positive H2 tone; no quantified targets |
Growth
Q2 distillery revenue +30.5% to ₹271.3 Cr; sugar revenue fell 73.4% to ₹6.6 Cr. Q2 EBITDA margin 21.7%, down 110 bps YoY.
Outlook
No numeric guidance. Management expects H2 mix and operating performance to strengthen. Chhattisgarh revenue expected from Q3; sugar demerger pending.
Risks
Chhattisgarh start-up costs hit Q2 profitability. Depreciation up 67.7% and finance costs up 78.5% YoY. Excise approval for full Indri capacity pending.
Last quarter's promises, checked
Partly delivered
- Branded alcobev 60–70% FY27 → H1 vol +45%, Q2 +38% (= PARTIAL)
- EBITDA margin 23–24% FY27 → Q2 21.7%, -110bps YoY (= PARTIAL)
- Sugar demerger by FY-end → still pending, 'coming months' (= PARTIAL)
Missed
- Rev growth ~60% FY27 → H1 +18.8%, Q2 +19.4% (= MISS)
- Chhattisgarh ₹300–400Cr FY27, revenue from June → now from Q3 (= MISS)
Investor Presentation filed with BSE, NSE: PICCADIL. Summary written with AI assistance from the document.
Piccadily Agro Industries Ltd: key numbers
- Share price
- ₹552.30
- Market cap
- ₹5,444 Cr
- Revenue (annual)
- ₹1,038 Cr
- Net profit (annual)
- ₹137.5 Cr
- P/E (TTM)
- 39.7×Sector 29.1×
- Promoter holding
- 68.57%+0.00% QoQ
- FII holding
- 1.00%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Piccadily Agro Industries Ltd
All →Piccadily Agro Industries Results Update
Piccadily Agro reported Q2 FY27 revenue of ₹277.9 crore, up 19.4% YoY. Distillery business revenue increased 30.5% YoY to ₹271.3 crore.
- Value
- ₹277.9 Cr
- maturation capacity
- 96000.0 barrels
Piccadily Agro Industries Q2 FY27 Results: Net Profit ₹23.3 Cr, Down 10.7% YoY
Piccadily Agro Industries Ltd reported revenue from operations of ₹277.9 Cr (+19.4% YoY) and net profit of ₹23.3 Cr (-10.7% YoY) for Q2 FY27.
- Key figure
- Net profit ₹23.3 Cr · -10.7% YoY
Piccadily Agro Industries Board Meeting Date
Piccadily Agro Industries scheduled a board meeting for 12/11/2026. The agenda includes approving un-audited standalone and consolidated results for the quarter ended 30 September 2026.
Piccadily Agro Industries Credit Rating
CRISIL Ratings upgraded the long-term and short-term bank facility ratings of Piccadily Agro Industries Ltd to 'CRISIL A+/Stable' and 'CRISIL A1' respectively.
Piccadily Agro Industries Other Announcement
Piccadily Agro Industries Ltd has filed its quarterly shareholding pattern for the period ended 30 September 2026 as per SEBI Regulation 31.
Piccadily Agro Industries Product Launch
Piccadily launched Indri Diwali Collector's Edition 2026, a limited Ruby Port Cask whisky. The 600-bottle release goes on sale from mid-October in three Indian cities.