Tilaknagar Industries Ltd-$ — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Tilaknagar Industries reported Q1 FY27 net revenue growth of 166% YoY to Rs. 1,046 crore, driven by Imperial Blue volumes and continued integration of the acquired business. EBITDA rose 79% YoY to Rs. 169 crore, with margins under pressure from packaging cost inflation, particularly glass, partly offset by softer ENA prices. Management said 90% of Imperial Blue's business has been transitioned into Tilaknagar-operated units, with the remaining state expected to transition by March 2027.
Tilaknagar Industries reported its first full quarter including the Imperial Blue business, with overall volumes up 135% year-on-year in Q4 FY26 crossing 8 million cases, and net revenue growing 148% to Rs 949 crore. Management changed its revenue presentation to net selling expenses against gross revenue, which it said would lower reported revenue and gross margin but raise EBITDA and PAT margins with no change to absolute EBITDA or PAT. The company also outlined TSMA exit progress on the Imperial Blue integration and provided guidance on volume growth, margins and debt reduction for coming years.