Tilaknagar reports 53cr PAT in Q2 FY26

Tilaknagar Industries Limited (TI)  has reported an EBITDA of Rs 60 crore and a Profit After Tax (PAT) of Rs 53 crore, translating into an EBITDA margin of 15.1 percent in the quarter ended September 30, 2025 (Q2 FY26). Adjusted for subsidy, the EBITDA grew by 8.2 percent year-on-year, while the PAT margin improved by 14 basis points to 13.2 percent.

During the quarter, TI’s sales volumes grew by 16.2 percent year-on-year, reaching 34.2 lakh cases, driven by strong consumer demand and market share gains across most key markets. TI’s net revenue stood at Rs 398 crore, recording a 6.2 percent year-on-year growth. Adjusted for subsidy, the net revenue grew by 9.3 percent year-on-year, reflecting sustained brand momentum and portfolio premiumization. The net sales realization improved sequentially from Rs 1,193 in Q1 FY26 to Rs 1,215 in Q2 FY26.

Amit Dahanukar, Chairman & Managing Director, Tilaknagar Industries said, “We continue to gain market share across key markets, supported by the strong performance of our core brands. The new launches are helping to expand our premium portfolio as well as our geographic footprint. Our established brandy portfolio, an emerging whisky saliency and a balanced regional mix are supporting our move to be a pan-India player and build a differentiated premium portfolio.”

On the balance sheet front, the company continues to maintain a strong financial position with gross debt of Rs 47 crore and a net cash position of Rs 1,086 crore. The quarter also saw strong traction in new markets, with launches in Odisha, Telangana, Kerala and Karnataka, led by Mansion House Whisky, Monarch Legacy Edition Brandy and Spaceman Spirits Lab Pvt Ltd portfolio including Samsara Gin and Amara Vodka.