Is Allied Blenders And Distillers a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Allied Blenders And Distillers Ltd is a average quality company .

Is Allied Blenders And Distillers undervalued or overvalued?

The key valuation ratios of Allied Blenders And Distillers Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is Allied Blenders And Distillers share price return in the past 10 years?

Data is not available for this company

Is Allied Blenders And Distillers a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Allied Blenders And Distillers Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

What is the P/E ratio of Allied Blenders And Distillers?

The latest standalone P/E ratio of Allied Blenders And Distillers as of 21-Nov-2024 is 0.00.

What is the P/B ratio of Allied Blenders And Distillers?

The latest standalone P/B ratio of Allied Blenders And Distillers as of 21-Nov-2024 is 6.08.

What is the 52-week high and low of Allied Blenders And Distillers?

The 52-week high of Allied Blenders And Distillers is Rs. 374.70 and the 52-week low is Rs. 282.05.

Allied Blenders And Distillers Ltd - Stock Valuation and Financial Performance

Name: Allied Blenders And Distillers
Brand: Allied Blenders And Distillers

BSE: 544203 | NSE: ABDL | Breweries & Distilleries | Small Cap

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Allied Blenders Share Price

₹311.15 -0.90 -0.29%
as on 21-Nov'24 16:59

10 Year X-Ray of Allied Blenders:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	26.4%	20%	11.1%	12.8%	14%	12%	11.5%	11.9%	11.8%	15.6%	-
Value Creation Index ⓘ	1.0	0.5	-0.2	-0.1	0.0	-0.1	-0.2	-0.1	-0.2	0.1	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	1,412	1,794	2,012	2,594	3,067	2,996	2,348	2,686	3,147	3,328	3,328
Sales YoY Gr.	-	27.1%	12.2%	28.9%	18.2%	-2.3%	-21.6%	14.4%	17.2%	5.8%	-
Adj EPS ⓘ	10.1	10.3	0	0.4	1.1	0.5	0.2	0.1	0.3	0.4	0.2
YoY Gr.	-	1.9%	-99.7%	1100%	216.7%	-53.5%	-69.8%	-25%	158.3%	32.3%	-
BVPS (₹) ⓘ	37.2	39.8	49.3	12	12.6	16.1	16.4	17.8	17.4	17.6	51.3
Adj Net Profit ⓘ	49.2	60.4	0.2	8.5	27	12.5	3.7	2.9	7.5	10	7
Cash Flow from Ops. ⓘ	20.8	-112	183	11.2	157	592	247	185	230	186	-
Debt/CF from Ops. ⓘ	19.4	-6.8	4.9	106.3	8.5	1.7	3.9	4.5	3.4	4.4	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	10%	1.6%	12.3%	5.8%
Adj EPS ⓘ	-29.9%	-18.5%	36.8%	32.3%
BVPSⓘ	-8%	6.9%	2.5%	1.4%
Share Price	-	-	-	-

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	25.3	24.9	0.1	2.8	9.3	3.6	1	0.7	1.8	2.3	0.7
Op. Profit Mgn % ⓘ	11.4	10.5	9.3	9.1	9.9	7.8	8.3	7.3	6	6.9	4.1
Net Profit Mgn % ⓘ	3.5	3.4	0	0.3	0.9	0.4	0.2	0.1	0.2	0.3	0.2
Debt to Equity ⓘ	1.9	2.8	2.8	4.2	4.5	2.7	2.4	2	1.8	1.9	0
Working Cap Days ⓘ	96	104	93	60	69	80	94	80	87	91	52
Cash Conv. Cycle ⓘ	6	8	4	-1	5	4	-13	-17	6	13	6

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 12.32%

Net Profit is growing at healthy rate in last 3 years 36.84%

Debt to equity has declined versus last 3 years average to 1.91

Return on Equity has declined versus last 3 years average to 0.70%

Sales growth is not so good in last 4 quarters at 0.05%

Latest Financials - Allied Blenders And Distillers Ltd.

	Standalone	Consolidated
TTM EPS (₹)	0.2	0.1
TTM Sales (₹ Cr.)	3,328	3,328
BVPS (₹.) ⓘ	51.3	50.4
Reserves (₹ Cr.) ⓘ	1,379	1,354
P/BV ⓘ	6.08	6.19
PE ⓘ	0.00	0.00

From the Market
52 Week Low / High (₹)	282.05 / 374.70
All Time Low / High (₹)	282.05 / 374.70
Market Cap (₹ Cr.)	8,728
Equity (₹ Cr.)	55.9
Face Value (₹)	2
Industry PE ⓘ	77.1

Management X-Ray of Allied Blenders:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Allied Blenders

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Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Allied Blenders

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	1,412	1,794	2,012	2,594	3,067	2,996	2,348	2,686	3,147	3,328
Operating Expenses ⓘ	1,250	1,605	1,826	2,358	2,769	2,762	2,156	2,490	2,960	3,099
Manufacturing Costs	299	424	553	984	1,207	1,121	907	967	1,125	1,080
Material Costs	351	478	614	763	791	928	660	858	1,095	1,260
Employee Cost	124	157	165	166	176	178	172	193	185	175
Other Costs ⓘ	476	546	493	445	595	535	417	472	556	585
Operating Profit ⓘ	161	189	187	237	298	234	192	196	186	229
Operating Profit Margin (%)	11.4%	10.5%	9.3%	9.1%	9.7%	7.8%	8.2%	7.3%	5.9%	6.9%
Other Income ⓘ	4	10	11	21	12	17	24	15	12	22
Interest ⓘ	63	84	121	148	187	180	142	145	135	173
Depreciation ⓘ	13	20	72	86	75	69	58	57	54	55
Exceptional Items ⓘ	-8	-13	-1	0	-18	0	0	0	0	-5
Profit Before Tax ⓘ	82	81	4	24	30	3	16	8	9	18
Tax ⓘ	38	30	2	13	20	-12	10	2	4	11
Profit After Tax	44	52	2	11	10	15	6	6	5	7
PAT Margin (%)	3.1%	2.9%	0.1%	0.4%	0.3%	0.5%	0.2%	0.2%	0.2%	0.2%
Adjusted EPS (₹)	9.0	5.4	0.3	0.5	0.4	0.6	0.2	0.3	0.2	0.3
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	217	269	325	283	297	387	392	419	424	430
Share Capital ⓘ	45	47	47	47	47	54	54	47	49	49
Reserves ⓘ	172	223	279	236	250	333	338	372	376	381
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	380	722	815	1,073	1,226	956	860	753	726	774
Long Term Debt	128	253	346	330	268	248	201	183	139	191
Short Term Debt	252	469	469	744	958	708	658	570	587	583
Trade Payables	86	127	209	330	411	433	485	538	568	704
Others Liabilities ⓘ	220	333	356	521	698	667	609	589	835	811
Total Liabilities ⓘ	903	1,451	1,706	2,208	2,633	2,443	2,345	2,298	2,553	2,719
Fixed Assets
Gross Block	236	387	783	907	946	970	1,039	1,044	1,066	1,092
Accumulated Depreciation	52	74	144	230	296	350	404	450	504	552
Net Fixed Assetsⓘ	184	313	639	677	650	621	635	594	562	540
CWIP ⓘ	26	46	68	13	31	43	13	11	10	12
Investmentsⓘ	15	9	6	8	2	2	24	77	3	89
Inventories	42	84	172	305	417	370	346	352	559	419
Trade Receivables	162	268	331	930	1,139	935	867	954	958	1,244
Cash Equivalents	19	32	29	25	43	103	70	53	53	75
Others Assetsⓘ	456	698	461	250	351	370	390	258	410	341
Total Assets ⓘ	903	1,451	1,706	2,208	2,633	2,443	2,345	2,298	2,553	2,719

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	21	-112	183	11	157	592	247	185	230	186
PBT ⓘ	82	81	4	24	30	3	16	8	9	18
Adjustment ⓘ	81	101	193	224	286	251	201	214	193	243
Changes in Working Capital ⓘ	-125	-250	1	-217	-153	342	33	-31	32	-66
Tax Paid ⓘ	-17	-44	-15	-20	-7	-4	-2	-6	-4	-8
Cash Flow From Investing Activity ⓘ	-53	-164	-77	-72	-161	-43	-59	44	-27	-59
Capex	-38	-156	-83	-71	-157	-44	-35	-20	-20	-45
Net Investments	-16	-3	4	-5	-7	-1	-28	-49	-9	-16
Others ⓘ	2	-5	1	4	3	2	3	113	2	2
Cash Flow From Financing Activityⓘ	36	288	-111	59	10	-496	-217	-254	-195	-128
Net Proceeds from Shares ⓘ	0	31	0	0	75	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	-78	-58	-25	-32	-74	51
Interest Paid ⓘ	-52	-75	-112	-144	-183	-175	-143	-148	-136	-172
Dividend Paid ⓘ	0	-20	0	0	0	0	0	0	0	0
Others ⓘ	89	351	2	203	197	-264	-49	-75	16	-7
Net Cash Flow ⓘ	4	11	-5	-1	6	53	-29	-25	9	0

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	27.44	24.8	0.63	3.81	3.55	4.4	1.49	1.47	1.17	1.57
ROCE (%)	26.43	19.99	11.05	12.76	14.04	12.01	11.45	11.85	11.81	15.6
Asset Turnover Ratio	2.71	2.55	2.51	3.81	3.7	3.2	2.67	3.11	2.94	2.92
PAT to CFO Conversion(x)	0.48	-2.15	91.5	1	15.7	39.47	41.17	30.83	46	26.57
Working Capital Days
Receivable Days	22	26	28	31	42	47	51	46	49	52
Inventory Days	6	8	12	12	15	18	20	18	23	23
Payable Days	77	81	100	129	171	166	254	217	168	140

Allied Blenders And Distillers Ltd Stock News

Allied Blenders And Distillers Ltd FAQs

What is the share price of Allied Blenders?

Company share prices are keep on changing according to the market conditions. The closing price of Allied Blenders on 21-Nov-2024 16:59 is ₹311.1.

What is the market cap of Allied Blenders?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Nov-2024 16:59 the market cap of Allied Blenders stood at ₹8,728.4.

What is the P/E ratio of Allied Blenders?

The latest P/E ratio of Allied Blenders as of 21-Nov-2024 16:59 is 0.00.

What is the P/B ratio of Allied Blenders?

The latest P/B ratio of Allied Blenders as of 21-Nov-2024 16:59 is 6.08.

What is the 52-week high and low of Allied Blenders?

The 52-week high of Allied Blenders is ₹374.7 and the 52-week low is ₹282.1.

What is the TTM revenue of Allied Blenders?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Allied Blenders is ₹3,328 ( Cr.) .

About Allied Blenders And Distillers Ltd

The company was incorporated as ‘You and Me Properties Private Limited’, pursuant to a certificate of incorporation dated October 8, 2008, issued by the RoC. The name of the company was changed to ‘Moonlight Blenders and Distillers Private Limited’, and a fresh certificate of incorporation dated July 22, 2009 was issued by the RoC. Pursuant to a scheme of amalgamation between Allied Blenders and Distillers Private Limited, its Own Properties Private Limited and the Company, the erstwhile name of which was Moonlight Blenders and Distillers Private Limited, dated April 1, 2009, and an order of the Bombay High Court dated February 5, 2010, the entire business undertakings of Allied Blenders and Distillers Private Limited and its Own Properties Private Limited were transferred to the company the erstwhile name of which was Moonlight Blenders and Distillers Private Limited. Consequently, the name of the company was changed to ‘Allied Blenders and Distillers Private Limited’, and a fresh certificate of incorporation dated April 30, 2010, was issued by the RoC. Subsequently, pursuant to a resolution of its Board dated June 2, 2022 and a resolution of its Shareholders dated June 4, 2022, the company was converted from a private company to a public company and consequently, its name was changed from ‘Allied Blenders and Distillers Private Limited’ to ‘Allied Blenders and Distillers Limited’, and a fresh certificate of incorporation under the Companies Act, 2013 was issued upon a change in name by the RoC on June 8, 2022.

The company is the largest Indian-owned Indian-made foreign liquor (IMFL) company and the third largest IMFL company in India, in terms of annual sales volumes between Fiscal 2014 and Fiscal 2022. It is one of the only four spirits companies in India with a pan-India sales and distribution footprint, and a leading exporter of IMFL. The company’s flagship brand, Officer’s Choice Whisky was launched in 1988 with its entry into the mass premium whisky segment. Officer’s Choice Whisky has been among the top selling whisky brands globally in terms of annual sales volumes between 2016 and 2019. Over the years, it has expanded and introduced products across various categories and segments. As of December 31, 2023, its product portfolio comprised 16 major brands of IMFL across whisky, brandy, rum and vodka. Certain of its brands, such as, Officer’s Choice Whisky, Sterling Reserve, Officer’s Choice Blue and ICONiQ Whisky, are ‘Millionaire Brands’ or brands that have sold over a million 9-litre cases in one year. The company’s product range includes five main categories of IMFL, i.e., whisky, brandy, rum, vodka and gin. It also sells packaged drinking water under its Officer’s Choice, Officer’s Choice Blue and Sterling Reserve brands.

The company’s pan-India distribution network has enabled it to support the growth in annual sales volumes of its products. Its industry position, strength of its brands, its pan-India sales footprint and logistics arrangements have further consolidated its position leading to significant business growth and financial performance. The company owns and operates its distillery located in Rangapur, Telangana that is spread over 74.95 acres with a built-up area of over 25,000 square meters.

Business area of the company

Allied Blenders and Distillers is an Indian-made foreign liquor company. The company offers four Indian-made foreign liquor categories: whisky, brandy, rum, and vodka. In addition, it sells packaged drinking water under the Officer's Choice, Officer's Choice Blue, and Sterling Reserve brands. Over the years, the company has introduced contemporary brands that appeal to consumer tastes and preferences.

Key awards, accreditations or recognitions

2019: The company’s brand, Sterling Reserve was awarded a Gold in the Social Media – Alcoholic drinks category for Sterling Reserve project at the Afaqs Great Lifestyle Brands Awards.
2019: The company’s brand, Sterling Reserve Premium Whiskies was recognised as the World’s Fastest Growing Spirits Brand by, Drinks International.
2020: The company’s marketing effort, Sterling Reserve Music Project was awarded a Silver YouTube Creator Award.
2020: The company’s brand, Sterling Reserve Premium Whiskies was recognised as Brand Champion – Indian Whisky by celebrated international industry publication The Spirits Business
2020: The company’s brand, Sterling Reserve Premium Whiskies was awarded the Best New Marketing Campaign Award at The Spirits Business Awards.
2020: The company’s brand, Officer’s Choice Blue was awarded Gold in the Promotion & Activation of the YearDigital category for the IPL Digital Dugout at Spiritz Achievers’ Awards.
2021: The company’s brand, Sterling Reserve Blend 10 was rated as a ‘Remarkable Product’ at the Superior Taste Award by International Taste Institute, Brussels.
2021: The company’s brands, Sterling Reserve Blend 7, Kyron Premium Brandy and Officer’s Choice Blue were rated as ‘Notable Product’ at the Superior Taste Award by International Taste Institute, Brussels.
2021: The company’s brand, Sterling Reserve Premium Whiskies was awarded Gold in the Best Content Marketing category, for Sterling Reserve Projects, at the Adgully Digixx Awards.
2021: The company’s brand, Officer’s Choice Blue was awarded a Silver in the Best Use of Facebook category by Afaqs Marketers Excellence Awards.
2021: The company’s brand, Sterling Reserve Premium Whiskies was recognised as Brand Champion – Indian Whisky by The Spirits Business.
2021: The company’s brands, Officer’s Choice Blue and Sterling Reserve Blend 10 were awarded Spirit Bronze Medal at the International Wine & Spirits Competition.
2021: The company’s brand, Sterling Reserve Blend 10, was awarded a Gold at the Design and Packaging Masters for its limited edition pack – The Earth Edition.
2021: The company’s brand, Sterling Reserve Blend 7, was awarded a Gold at the Design and Packaging Masters for its limited edition pack – The Gaming Pack.
2021: The company’s brand, Officer’s Choice Blue, was awarded a Silver at the Design and Packaging Masters for its packaging redesign.
2022: The company’s brand, Sterling Reserve Premium Whiskies was awarded a Gold for its marketing campaigns in the Food & Beverages category at the DMAasia CREATEFFECT ECHO Awards.
2022: The company was recognised amongst the “Top-Most Green Companies” at the Golden Globe Tigers Awards.
2022: The company’s brands, IconiQ White and Srishti, were awarded a Gold under the “Brand Promotion of the Year – Digital” category at the Spiritz Achievers’ Awards, 2022.
2022: The company’s brands, Officer’s Choice Blue and Sterling Reserve were awarded a Gold under the “Brand Promotion of the Year – Ground” category at the Spiritz Achievers’ Awards, 2022.
2022: The company’s product, Officer’s Choice Whiskey, was awarded “Product of the Year”, under the whiskey category, at the Channelier FMCG Awards, 2022.
2022: The company’s brand, Sterling Reserve, was awarded “Brand of the Year”, under the whiskey category, at the Channelier FMCG Awards, 2022.
2022: The company was awarded the “Company of the Year” at the Outlook Business Spotlight’s Business Icon Awards, 2022.
2023: The company’s product, ICONiQ White Whisky, won the gold award for the fastest growing brand at the Spiritz Achiever’s Awards, 2023
2023: The company’s product, X&O Barrel Whisky, won the gold award for the product debut of the year (whisky) at the Spiritz Achiever’s Awards, 2023
2023: The company’s product, Sterling Reserve Premium Cellar Brandy, won the gold award for the product debut of the year (brandy) at the Spiritz Achiever’s Awards, 2023
2023: The company’s product, Officer’s Choice Whisky, won the gold award for brand promotion ground space at the Spiritz Achiever’s Awards, 2023
2023: The company’s product, Sterling Reserve Premium Cellar Brandy and Srishti Premium Blended Whisky, won the gold award for liquid tasting at the Spiritz Achiever’s Awards, 2023
2023: The company’s product, ICONiQ White Whisky, won the gold award for packaging at the Spiritz Achiever’s Awards, 2023.
2024: At Ambrosia Awards, INDSPIRIT 2024, the company’s products, Srishti Premium Whisky was awarded the ‘Best IMFL Popular Whisky’ and Zoya Special Batch Gin was awarded the ‘New Product of the Year’.
2024: Zoya Special Batch Premium Gin was awarded the Campaign Innovator of the Year at the Icons of Gin India 2024.

Major events and milestones

1988: Launch of Officer’s Choice Whisky.
2008: Incorporation of the company as ‘You and Me Properties Private Limited.’
2009: The name of the company was changed to ‘Moonlight Blenders and Distillers Private Limited’.
2010: The name ‘Moonlight Blenders and Distillers Private Limited’ was changed to Allied Blenders and Distillers Private Limited.
2010: Launched the brand ‘Jolly Roger’.
2011: Launched the brand ‘Officer’s Choice Blue.’
2012: Launched ‘Kyron’ in the premium brandy segment.
2015: Wales Distillers Private Limited, the company’s erstwhile wholly-owned subsidiary, was amalgamated into the company.
2017: Launched ‘Sterling Reserve Blend 7’ and ‘Sterling Reserve Blend 10’ in the premium blended whisky segments.
2017: Unokoti Bottling and Beverages Private Limited, the company’s erstwhile wholly-owned subsidiary, was amalgamated into the company.
2017: Demerged the bottling and distillery business undertaking from Tracstar Investment Private Limited, the company’s group company, into the company.
2018: Erstwhile BKCEPL, was amalgamated into the company.
2018: Sterling Reserve crossed the 1.2 million cases, according to the Millionaire’s Club Report by Drinks International making it a millionaire brand in the first year of launch.
2019: Officer’s Choice franchise crossed the 34 million sales mark making it the world’s largest selling whisky for 6 years in a row as per Millionaire’s Club Reports by Drinks International.
2020: Sterling Reserve Blend 7 became the 3rd largest selling brand in the semi-premium whisky segment, as per the Technopack Report.
2020: Henkell & Company India Private Limited, the company’s erstwhile wholly-owned subsidiary, was amalgamated into the company.
2020: Sterling Reserve was ranked as the fastest growing spirits brand by the Millionaire’s Club Report 2020 by Drinks International.
2023: ICONiQ Whisky crossed the 1 million cases within the first year of launch.
2024: Launched the brand ‘Zoya Special Batch Premium Gin’
2024: ICONiQ White Whisky crossed sales of 2 million cases of 9 Litres each in FY 24, the first full year of launch.