New Delhi, May 30: Indian-Made Foreign Liquor (IMFL) manufacturer, Tilaknagar Industries Limited has announced its financial results for the quarter ended March 31, 2026. The company delivered a strong performance during Q4 FY26, driven by robust volume growth, continued premiumisation and expansion across key markets.
During the quarter, volume grew by nearly 135 per cent year-on-year to reach 8 million cases. Net revenue from operations stood at Rs. 949 crore as compared with Rs. 384 crore in the corresponding quarter last year, reflecting a growth of 147.5 per cent year-on-year.
EBITDA for Q4 FY26 increased by 97 per cent to Rs. 155 crore compared with Rs. 78 crore in Q4 FY25. Adjusted for subsidy income, EBITDA stood at Rs. 146 crore, reflecting a growth of 123.5 per cent year-on-year. The adjusted EBITDA margin stood at 15.5 per cent, expanding by 54 basis points on a quarter-on-quarter basis. Profit after tax (PAT), excluding exceptional items and amortization on intangible assets related to acquisition, increased by 6.5 per cent year-on-year to Rs. 82 crore. Adjusted for subsidy income, PAT increased by 14.8 per cent year-on-year.
For the full year FY26, Tilaknagar Industries reported volume growth of 67.6 per cent year-on-year to reach approximately 20 million cases. Net revenue from operations stood at Rs. 2,346 crore, reflecting a growth of 69.9 per cent year-on-year. EBITDA for FY26 rose by 64.5 per cent to Rs. 419 crore. Adjusted for subsidy income, EBITDA stood at Rs. 352 crore, reflecting a growth of 55.9 per cent year-on-year, while the adjusted EBITDA margin stood at 15.5 per cent.
The Board of Directors has recommended a dividend of Rs 1 per equity share for FY26.
Commenting on the performance, Mr Amit Dahanukar, Chairman & Managing Director, Tilaknagar Industries Limited said,
“FY26 was a landmark year for Tilaknagar Industries Limited, with consolidated volumes reaching nearly 20 million cases and Mansion House Brandy crossing the landmark 10 million cases in annual sales. The ongoing integration of Imperial Blue is further strengthening our pan-India presence and growth momentum.”
TI will remain focused on driving double-digit growth, improving margins and leveraging the pan-India reach of the Imperial Blue and Mansion House franchises to strengthen premium and luxury portfolio across markets, he added.
During the year, Tilaknagar Industries continued to strengthen its market leadership and operational capabilities through several key milestones. Mansion House crossed the landmark 10 million cases in annual sales during FY26, while Prag Distillery received regulatory approval to commence operations at its expanded capacity in Andhra Pradesh. The company’s luxury portfolio, House of TI, earned recognition at the London Spirits Competition 2026 and Tilaknagar Industries was also recognized among FinanceAsia’s Best Companies in India 2026.
With strong momentum across brands and markets, Tilaknagar Industries remains well-positioned to capitalize on evolving consumer trends and growth opportunities in the Indian alco-bev sector.