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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Allied Blenders and Distillers
Allied Blenders and Distillers (ABDL) investor relations material
Allied Blenders and Distillers Q2 26/27 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 26/27 earnings summary28 Oct, 2026
Executive summary
Q2 FY27 income from operations rose 15.8% YoY to ₹1,152 crore as quarterly volume reached a record 10.0 million cases.
H1 FY27 income from operations increased 10.9% YoY to ₹2,135 crore; results excluding supply-chain disruption showed stronger EBITDA and PAT growth.
Financial highlights
Q2 reported gross margin was 45.3%, up 90 bps YoY; EBITDA was ₹143 crore (+10.0%) with a 12.4% margin, and PAT was ₹69 crore (+9.7%).
Excluding ₹29 crore of Q2 supply-chain disruption impact, LTL EBITDA was ₹172 crore (+32.3%), margin 14.9% (+186 bps), and PAT ₹91 crore (+44.3%).
H1 reported EBITDA increased 5.8% to ₹263 crore; PAT was ₹114 crore versus ₹119 crore a year earlier.
Excluding ₹53 crore of H1 supply-chain disruption impact, LTL EBITDA was ₹316 crore (+27.1%) and PAT ₹154 crore (+29.8%).
Consolidated revenue was ₹208,545.91 lakh in Q2 and ₹389,461.17 lakh in H1; consolidated PAT was ₹6,901.98 lakh and ₹11,444.03 lakh, respectively.
Statutory results
Consolidated Q2 revenue was ₹208,545.91 lakh versus ₹195,259.44 lakh YoY; PAT was ₹6,901.98 lakh versus ₹6,291.71 lakh, and EPS ₹2.56 versus ₹2.23.
Consolidated H1 revenue was ₹389,461.17 lakh versus ₹372,896.15 lakh; PAT was ₹11,444.03 lakh versus ₹11,875.13 lakh, and EPS ₹4.32 versus ₹4.25.
Standalone Q2 revenue was ₹206,021.28 lakh and PAT ₹8,463.34 lakh; H1 revenue was ₹385,517.68 lakh and PAT ₹15,282.31 lakh. Unaudited results received an unmodified limited-review conclusion.
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Latest events from Allied Blenders and Distillers
- Premiumization and ICONiQ White drove Q1 growth, with margin expansion and key acquisitions.ABDL
Q1 26/27 - FY26 delivered record profit, margin gains, and dividend, led by premiumization and P&A growth.ABDLQ4 25/26
- Premiumization, margin gains, and strategic expansion drive strong Q3 FY26 growth.ABDLQ3 25/26
- Q1 FY26 delivered strong profit and margin growth, led by premiumization and efficiency gains.ABDLQ1 25/26
- Strong revenue and profit growth, margin gains, and balance sheet strengthened by IPO proceeds.ABDLQ2 24/25
- EBITDA margin rose to 10% in Q1 FY25 as premiumization and cost savings offset lower revenue.ABDLQ1 24/25
- FY24 saw 7.8% income growth, margin gains, premiumization, and full debt repayment post-IPO.ABDLQ4 23/24
- FY25 saw record profit, margin, and export growth, with IPO proceeds reducing leverage.ABDLQ4 24/25
- Q3 FY25 saw strong growth in revenue, margins, and premium portfolio, with a successful IPO.ABDLQ3 24/25
Next Allied Blenders and Distillers earnings date
Q3 26/2729 Jan, 2027
Allied Blenders and Distillers
Next Allied Blenders and Distillers earnings date
Q3 26/2729 Jan, 2027
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Frequently asked questions
Allied Blenders and Distillers Limited is an India-based company specializing in the production, distribution, and marketing of alcoholic beverages, particularly spirits. The company's product portfolio includes a variety of whisky, brandy, rum, and vodka brands, catering to different segments of the Indian and international markets. Known for its flagship brand, Officer's Choice, Allied Blenders and Distillers serves consumers through an extensive distribution network across India and in select international markets. The company is headquartered in Mumbai, India.