Allied Blenders & Distillers (ABDL)
Evidence timeline
What management said
Mehul Desai: Firstly, obviously, you gave a guidance of double-digit growth in Q4, which looks like if we maintain our mid-teens kind of sales growth in P&A, maybe, let's say, 16%, 17%, it looks like the mass premium segment, your assumptio
Pace against its own guidance
Outlook, as stated
Mehul Desai: Firstly, obviously, you gave a guidance of double-digit growth in Q4, which looks like if we maintain our mid-teens kind of sales growth in P&A, maybe, let's say, 16%, 17%, it looks like the mass premium segment, your assumption should be at least low single-digit decline or flattish on a Y-o-Y basis.
Allied Blenders and Distillers Limited h) Partnership with Roust Corporation to introduce World’s No 1 Russian Vodka to Indian markets Our P&A salience and portfolio build-up Our Prestige & Above portfolio continues to build strong momentum, salience rose to 40.4% in FY25, up from 37.3% in FY24.
75 crores investment, with operations expected to commence by the end of FY26 To enhance our gross margins through in-house capabilities and address the rising demand for PET bottles for Officer’s Choice Whisky in the southern states, we are investing Rs.
Chart exhibits
If management delivers what it guided
- this company has too little filed history for a multiple band of its own, so the exit multiple is the median of 6 Beverages: Alcoholic peers
- FY27 one quarter filed — the pace is shown, not judged: guided +15.0%, filed +6.1% across 1 quarter(s)
- at 76x its FY26 earnings the stock already trades above the top of its own ten-year range (59x)
How these numbers are produced
| Earnings base | FY26 fiscal year EPS ₹8.16 (screener) |
|---|---|
| Guided growth | 15% a year, said on the call of 04-Feb-2026 · transcript |
| Read across as | operating: revenue growth, margin held flat — medium confidence |
| Delivery calibration | 0.58x / 1x / 1.36x of what was guided — measured: 76 annual guided-vs-filed pairs + 77 near-complete quarterly years — NSE transcripts against the companies' own filings |
| Exit multiple | 23x / 24.57x / 59.23x, this company’s own p20 / median / p80 across 6 filed years |
| Filed-industry peers | median 24.57x across 6 peers — the cross-check, not the input |
| Arithmetic | base EPS × (1 + guided growth × delivery)2 × exit multiple |