Piccadily Agro Industries Ltd — earnings calls

Piccadily Agro reported Q1 FY27 revenue from operations of Rs 270.5 crore, up 18.1% year-on-year, with distillery revenue growing 26.3% to Rs 205.7 crore and branded alco-bev revenue growing 47.3% to Rs 82.3 crore. EBITDA increased 21% to Rs 47.2 crore with EBITDA margin at 18.5% versus 18.2% a year earlier, while profit after tax rose 15.4% to Rs 22 crore. Management said the Chhattisgarh distillery began commercial operations in June, contributing a small amount of revenue this quarter, and reiterated full-year targets for branded alco-bev growth and company-level revenue and margin.