Tilaknagar Industries Ltd

BSE: TI507205ISIN INE133E01013

Fast Moving Consumer Goods
Breweries & Distilleries
BSE 1000

BSE listing

Share price

₹570.05+25.90 (+4.76%)

as of 18 Sep 2026

52W high: ₹593.95
52W low: ₹371.50
Off 52W high: -4.02%
1M return: -0.64%
3M return: +28.61%
6M return: +31.14%
1Y return: +21.71%
20D avg volume: 46,655
50 DMA: ₹511.11
200 DMA: ₹460.03

Key ratios Consolidated

Market cap: ₹14,107 Cr
Current price: ₹570.05
52W high / low: ₹593.95 / ₹371.50
Face value: ₹10.00
P/E: -391.37
P/B: —
EPS (TTM): ₹-1.46
Book value / share: —
ROE: —
ROCE: 2.50%
Operating margin: —
Net margin: —
Debt / equity: 0.77
Net debt: ₹2,077 Cr
Interest cover: 1.18
Dividend yield: 0.35%
Dividend / share (TTM): ₹2.00
Payout: —
Cash conversion cycle: 93.1 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	2,252	2,090	1,453	915.59	863.87	881.18	805.35	823.32	664.86	770.56	797.54	750.18
	4.54	7.01	12.67	2.15	4.26	8.45	3.93	3.35	1.74	4.06	8.43	0.48
	2,195	2,050	1,402	864.83	779.50	812.32	755.13	768.44	626.52	735.10	762.21	718.74
	546.58	466.47	466.99	206.18	208.59	198.83	209.64	188.43	167.63	182.38	183.37	176.25
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	45.74	42.86	23.65	16.42	14.01	13.72	13.88	14.25	13.10	15.41	11.02	10.37
	66.36	68.91	39.25	2.10	2.81	2.29	2.36	3.35	4.16	4.93	8.05	7.74
	45.49	45.52	19.56	7.34	7.29	7.26	7.77	7.75	7.73	7.84	8.00	8.25
	1,444	1,377	983.18	632.92	558.63	581.18	83.96	115.35	91.98	110.37	122.89	114.94
	61.60	47.15	63.85	52.91	88.62	77.31	54.15	58.23	40.09	39.52	43.77	31.92
	-30.12	-62.55	-169.42	0.00	0.00	0.00	0.00	0.00	0.00	-8.07	0.00	5.12
	31.49	-15.39	-105.57	52.91	88.62	77.31	54.15	58.23	40.09	31.45	43.77	37.04
	0.00	0.00	0.00	0.00	0.00	0.01	0.00	0.00	0.00	0.00	0.00	0.00
	31.59	-14.91	-105.41	52.68	88.51	77.35	53.93	58.23	40.09	31.45	43.77	37.04
	1.28	-0.60	-4.67	2.71	4.57	4.01	2.79	3.02	2.08	1.65	2.28	1.93
Key metrics
	143.34	99.04	-46.76	62.35	98.72	86.86	64.28	69.33	51.98	44.22	59.82	53.03
	6.40%	4.70%	-3.20%	6.80%	11.40%	9.90%	8.00%	8.40%	7.80%	5.70%	7.50%	7.10%
	1.40%	-0.70%	-7.30%	5.80%	10.20%	8.80%	6.70%	7.10%	6.00%	4.10%	5.50%	4.90%
	—	1.00%	—	2.70%	—	8.40%	—	—	—	—	—	—
	160.70%	137.20%	80.40%	11.20%	29.90%	14.40%	1.00%	9.70%	—	—	—	—
	-64.30%	-119.30%	-295.50%	-9.50%	120.80%	145.90%	23.20%	57.20%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	6,711	5,248	3,175	2,958	2,469	1,792	1,418	1,483	1,525	1,295
	26.37	26.08	17.57	14.14	7.50	10.47	11.42	29.94	5.21	33.28
	6,512	5,021	2,962	2,831	2,405	1,775	1,468	1,697	1,690	1,481
	1,686	1,348	764.53	692.20	633.28	377.98	291.32	321.08	337.42	291.82
	0.00	0.00	0.00	—	—	—	—	—	—	—
	128.67	96.93	54.95	46.84	37.59	32.09	25.16	29.60	33.28	22.01
	176.62	113.06	12.16	26.74	40.19	61.87	70.97	128.93	184.21	151.94
	117.91	79.71	30.51	31.89	32.35	32.74	33.12	32.98	36.75	37.31
	4,437	3,477	2,138	452.85	373.28	256.75	192.12	322.97	252.25	271.70
	225.51	252.54	229.78	140.95	72.15	27.98	-38.58	-183.91	-159.62	-152.85
	-262.09	-231.97	0.00	-2.94	77.74	13.21	0.00	455.18	0.00	0.00
	-36.56	20.58	229.78	138.01	149.89	41.19	-38.58	271.27	-159.62	-152.85
	0.00	0.00	-0.01	0.00	0.01	4.00	0.18	1.54	0.10	1.72
	-36.05	20.87	229.59	138.01	149.90	45.19	-38.40	269.73	-159.51	-151.13
	-1.28	0.97	11.89	7.23	8.79	3.15	-3.07	21.56	-12.76	—
Key metrics
	257.97	213.35	272.45	196.64	222.43	135.80	65.51	433.18	61.34	36.40
	3.84%	4.10%	8.60%	6.60%	9.00%	7.60%	4.60%	29.20%	4.00%	2.80%
	-0.54%	0.40%	7.20%	4.70%	6.10%	2.50%	-2.70%	18.20%	-10.50%	-11.70%
	—	2.50%	25.50%	—	—	—	—	—	—	—
	—	65.30%	7.30%	19.80%	37.80%	26.30%	-4.40%	-2.80%	17.80%	—
	—	-90.90%	66.40%	-7.90%	231.70%	217.70%	-114.20%	269.10%	-5.50%	—
	—	-3,978	171.56	—	—	—	—	—	—	—
	—	-21.30	0.78	—	—	—	—	—	—	—
	—	0.77	0.05	—	—	—	—	—	—	—
	—	2,077	26.69	—	—	—	—	—	—	—
	—	93.1	49.2	—	—	—	—	—	—	—
Balance sheet
	—	6,160	1,213	—	—	—	—	—	—	—
	—	2,190	745.23	—	—	—	—	—	—	—
	—	218.20	15.74	—	—	—	—	—	—	—
	—	1,272	410.51	—	—	—	—	—	—	—
	—	401.89	165.24	—	—	—	—	—	—	—
	—	155.66	49.81	—	—	—	—	—	—	—
	—	499.21	369.22	—	—	—	—	—	—	—
	—	336.91	147.83	—	—	—	—	—	—	—
	—	877.42	265.25	—	—	—	—	—	—	—
	—	2,295	42.43	—	—	—	—	—	—	—
	—	267.19	31.77	—	—	—	—	—	—	—
	—	2,028	10.66	—	—	—	—	—	—	—
	—	2,982	882.25	—	—	—	—	—	—	—
Cash flow
	—	-444.59	178.42	—	—	—	—	—	—	—
	—	-3,570	-76.93	—	—	—	—	—	—	—
	—	4,217	-94.41	—	—	—	—	—	—	—
	—	3,533	6.86	—	—	—	—	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	2,252	2,090	1,453	915.59	863.87	881.18	805.35	823.32	664.76	770.56	797.54	750.18
	5.55	4.45	13.49	2.73	4.35	8.19	4.02	2.86	1.87	3.16	8.57	0.84
	2,194	2,049	1,401	864.97	779.75	812.39	754.92	768.55	626.28	729.64	760.54	716.70
	546.58	466.47	466.99	206.18	208.59	198.83	209.64	188.43	167.63	182.38	183.37	176.25
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	44.86	41.98	22.88	15.61	13.26	12.81	12.99	13.42	12.23	14.54	10.30	9.65
	66.36	68.91	39.25	2.10	2.81	2.29	2.36	3.35	4.16	4.93	8.05	7.74
	45.05	45.11	19.14	6.92	6.87	6.85	7.36	7.35	7.33	7.45	7.61	7.87
	1,445	1,377	984.00	634.30	560.04	582.58	85.06	116.70	93.02	106.18	122.34	114.00
	63.46	45.65	65.04	53.34	88.47	76.97	54.45	57.63	40.34	44.08	45.57	34.33
	-30.12	-62.55	-169.42	0.00	0.00	10.02	—	—	—	-5.39	—	5.12
	33.34	-16.89	-104.38	53.34	88.47	87.00	54.45	57.63	40.34	38.68	45.57	39.45
	0.00	0.00	0.00	0.00	0.00	-0.01	—	—	—	—	—	—
	33.34	-16.89	-104.38	53.34	88.47	87.00	54.45	57.63	40.34	38.68	45.57	39.45
	1.35	-0.68	-4.62	2.75	4.57	4.51	2.82	2.99	2.09	2.02	2.37	2.06
Key metrics
	144.75	97.13	-45.99	62.36	98.15	96.14	64.17	68.33	51.83	51.06	61.23	55.06
	6.40%	4.60%	-3.20%	6.80%	11.40%	10.90%	8.00%	8.30%	7.80%	6.60%	7.70%	7.30%
	1.50%	-0.80%	-7.20%	5.80%	10.20%	9.90%	6.80%	7.00%	6.10%	5.00%	5.70%	5.30%
	—	1.00%	—	2.70%	—	9.20%	—	—	—	—	—	—
	160.70%	137.20%	80.40%	11.20%	30.00%	14.40%	1.00%	9.70%	—	—	—	—
	-62.30%	-119.40%	-291.70%	-7.40%	119.30%	124.90%	19.50%	46.10%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	6,711	5,248	3,175	2,958	2,469	1,792	1,418	1,479	781.61	396.75
	26.22	25.02	16.93	13.68	6.40	9.60	11.70	18.65	2.04	31.42
	6,510	5,020	2,962	2,826	2,407	1,777	1,459	1,644	932.54	628.81
	1,686	1,348	764.53	692.20	633.37	377.98	291.32	320.86	235.55	131.82
	0.00	0.00	0.00	—	—	—	—	—	—	—
	125.33	93.74	51.44	43.81	33.43	20.79	15.55	18.98	23.59	17.70
	176.62	113.06	12.16	26.74	40.19	57.76	65.40	125.08	168.19	133.70
	116.22	78.04	28.89	30.36	30.84	31.17	31.41	31.19	34.99	35.60
	4,440	3,480	2,142	451.91	381.03	275.76	199.96	288.92	201.14	220.35
	227.49	252.51	229.40	146.00	69.03	25.07	-29.25	-146.41	-148.88	-200.64
	-262.09	-231.97	10.02	-0.27	96.85	—	—	455.18	—	—
	-34.59	20.55	239.42	145.73	165.88	25.07	-29.25	308.77	-148.88	-200.64
	0.00	0.00	-0.01	—	0.01	4.00	0.46	0.85	—	2.65
	-34.59	20.55	239.43	145.73	165.88	29.07	-28.79	307.92	-148.88	-197.99
	-1.20	0.96	12.40	7.63	9.72	2.03	-2.30	24.61	-11.91	—
Key metrics
	258.25	211.65	280.47	202.83	236.91	114.00	67.56	465.04	54.30	-31.34
	3.85%	4.00%	8.80%	6.90%	9.60%	6.40%	4.80%	31.40%	6.90%	-7.90%
	-0.52%	0.40%	7.50%	4.90%	6.70%	1.60%	-2.00%	20.80%	-19.00%	-49.90%
	—	2.50%	26.00%	—	—	—	—	—	—	—
	—	65.30%	7.30%	19.80%	37.80%	26.30%	-4.10%	89.20%	97.00%	—
	—	-91.40%	64.30%	-12.10%	470.60%	201.00%	-109.30%	306.80%	24.80%	—
	—	-3,931	170.64	—	—	—	—	—	—	—
	—	-21.52	0.74	—	—	—	—	—	—	—
	—	0.76	0.05	—	—	—	—	—	—	—
	—	2,076	26.20	—	—	—	—	—	—	—
	—	93.2	49.3	—	—	—	—	—	—	—
Balance sheet
	—	6,174	1,230	—	—	—	—	—	—	—
	—	2,239	750.03	—	—	—	—	—	—	—
	—	217.38	15.09	—	—	—	—	—	—	—
	—	1,272	410.51	—	—	—	—	—	—	—
	—	401.89	165.24	—	—	—	—	—	—	—
	—	148.91	48.77	—	—	—	—	—	—	—
	—	478.31	353.21	—	—	—	—	—	—	—
	—	335.59	147.03	—	—	—	—	—	—	—
	—	872.41	262.52	—	—	—	—	—	—	—
	—	2,294	41.29	—	—	—	—	—	—	—
	—	266.05	30.63	—	—	—	—	—	—	—
	—	2,028	10.66	—	—	—	—	—	—	—
	—	3,002	902.64	—	—	—	—	—	—	—
Cash flow
	—	-442.29	176.50	—	—	—	—	—	—	—
	—	-3,573	-74.69	—	—	—	—	—	—	—
	—	4,217	-94.41	—	—	—	—	—	—	—
	—	3,489	5.86	—	—	—	—	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +28.57%
Sales CAGR 5Y: +29.91%
Sales CAGR 10Y: —
Profit CAGR 3Y: -50.15%
Profit CAGR 5Y: —
Profit CAGR 10Y: —
Sales YoY (TTM): +98.92%
Profit YoY (TTM): -112.03%

Consolidated

Sales CAGR 3Y: +28.57%
Sales CAGR 5Y: +29.91%
Sales CAGR 10Y: —
Profit CAGR 3Y: -48.17%
Profit CAGR 5Y: —
Profit CAGR 10Y: —
Sales YoY (TTM): +98.92%
Profit YoY (TTM): -112.97%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Jun 2026

Promoter holding: 31.67%

Holder	Type	Holding	Previous	Change
SHIVANI AMIT DAHANUKAR	Promoter	13.33%	—	—
AMIT DAHANUKAR	Promoter	11.22%	—	—
THINK INDIA OPPORTUNITIES MASTER FUND LP	Public	4.41%	—	—
AXANA ESTATES LLP	Public	3.97%	—	—
Barclays Wealth Trustees India Pvt Ltd	Public	3.85%	—	—
M L DAHANUKAR AND CO PVT LTD	Promoter Group	3.84%	—	—
SMALLCAP WORLD FUND, INC	Public	2.98%	—	—
ARUNODAY INVESTMENTS PVT LTD	Promoter Group	2.88%	—	—
TIMF HOLDINGS	Public	2.42%	—	—
SOCIETE GENERALE - ODI	Public	2.30%	—	—
S S SPIRITS LLP	Public	2.28%	—	—
BANDHAN SMALL CAP FUND	Public	1.60%	—	—
ARPIT KHANDELWAL	Public	1.32%	—	—
COHESION MK BEST IDEAS SUB-TRUST	Public	1.02%	—	—
PRIYADARSHINI A DAHANUKAR	Promoter	0.22%	—	—

Public shareholders are disclosed individually only above 1%.

Filings & corporate actions

Recent announcements

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 we wish to inform you that the management shall be interacting with analyst/investors ....17 Sep 2026 · Company Update / Analyst / Investor Meet
Intimation under regulation 30 of SEBI LODR with regard to completion of first tranche of investment in Black Tiger Distilleries Private Limited15 Sep 2026 · Company Update / Acquisition
The Company would like to inform that the Board of Directors vide a circular resolution passed today i.e September 08, 2026 has inter alia considered and approved the allotment of 4,24,025 ....8 Sep 2026 · Company Update / Allotment of ESOP / ESPS
Please find enclosed herewith Newspaper Advertisement regarding the Special Window for re-lodgement of transfer request of physical shares.7 Sep 2026 · Company Update / Newspaper Publication
Revision due to an inadvertent clerical error in the announcement dated September 02, 2026 regarding investment in Black Tiger Distilleries Private Limited4 Sep 2026 · Company Update / Acquisition
Press release under regulation 30 of SEBI LODR Tilaknagar Industries enters the Taquila market through a Rs 22 crore strategic investment in Black Tiger Distilleries Private Limited maker ....2 Sep 2026 · Company Update / Press Release / Media Release
Intimation under Regulation 30 of SEBI LODR regarding investment in Black Tiger Distilleries Private Limited2 Sep 2026 · Company Update / Acquisition
Please find enclosed herewith Newspaper Publication regarding completion of dispatch of the Notice for the 91st Annual General Meeting along with Annual Report for financial year 2025-261 Sep 2026 · Company Update / Newspaper Publication
Letter to shareholders of the Company as per Regulation 36(1)(b) of SEBI LODR Regulations,201531 Aug 2026 · Company Update / General
Please find herewith the intimation for Book Closure and Record Date for payment of Dividend31 Aug 2026 · Corp Action / Date of payment of Dividend
Please find attached intimation regarding the record date31 Aug 2026 · Corp. Action / Record Date
Please find attached intimation for Book Closure31 Aug 2026 · Corp. Action / Book Closure
Please find enclosed herewith the Business Responsibility and Sustainability Report for the financial year 2025-2631 Aug 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Please find enclosed herewith Notice for the 91st Annual General Meeting to be held on Tuesday, September 22, 2026 and Annual Report for the financial year ended 2025-26.31 Aug 2026 · AGM/EGM / AGM
Pursuant to Regulation 30 and 34 of SEBI Listing Regulations, we are enclosing herewith the Notice for the 91st AGM and the Annual Report for the financial year 2025-2631 Aug 2026 · Others / Reg. 34 (1) Annual Report
Please find enclosed herewith the Newspaper Publication- Prior intimation with relation to the Annual General Meeting of the Company28 Aug 2026 · Company Update / Newspaper Publication
The Nomination and Remuneration Committee of the Board of Directors of Tilaknagar Industries approved the variation in the vesting schedule of stock options granted to eligible employees ....26 Aug 2026 · Company Update / General
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 we wish to inform you that the management shall be interacting with analyst/investors ....25 Aug 2026 · Company Update / Analyst / Investor Meet
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 we wish to inform you that the management shall be interacting with analyst/investors ....25 Aug 2026 · Company Update / Analyst / Investor Meet
Voting results and scrutinizer''s report on the postal ballot dated August 24, 2026.24 Aug 2026 · AGM/EGM / Postal Ballot
Voting results and scrutinizer''s report on the postal ballot dated August 24, 2026.24 Aug 2026 · AGM/EGM / Postal Ballot
Tilaknagar Industries Takes Indian Spirits to Times Square, Marking a Moment of Indian Pride21 Aug 2026 · Company Update / Press Release / Media Release
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 we wish to inform you that the management shall be interacting with analyst/investors ....20 Aug 2026 · Company Update / Analyst / Investor Meet
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Lotus Family Trust19 Aug 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Pursuant to Regulation 30 of SEBI LODR we would like to inform you that the Nomination and Remuneration Committee of the Company vide a circular resolution passed on August 15, 2026 granted ....15 Aug 2026 · Company Update / General
Pursuant to Regulation 30 of SEBI LODR we would like to inform you that the Nomination and Remuneration Committee of the Company vide a circular resolution passed on August 15, 2026 granted ....15 Aug 2026 · Company Update / General
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 we wish to inform you that the management shall be interacting with analyst/investors ....13 Aug 2026 · Company Update / Analyst / Investor Meet
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 we wish to inform you that the management shall be interacting with analyst/investors ....12 Aug 2026 · Company Update / Analyst / Investor Meet
Tilaknagar Industries & Imperial Blue Record Highest Ever Sales in Karnataka in July 20266 Aug 2026 · Company Update / Press Release / Media Release
Please find enclosed herewith Transcript of Earnings Conference Call held on July 28, 2026 for Q1 & FY 27 results4 Aug 2026 · Company Update / Earnings Call Transcript
We enclose herewith intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding cessation of Ms. Aparna Praveen Chaturvedi (DIN: ....30 Jul 2026 · Company Update / Change in Directorate
We enclose herewith intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding cessation of Ms. Aparna Praveen Chaturvedi (DIN: ....30 Jul 2026 · Company Update / Cessation
Copy of newspaper publication of consolidated unaudited financial results for the quarter ended June 30, 202629 Jul 2026 · Company Update / Newspaper Publication
Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015- Audio Recording of Earnings Conference Call held for Q1 & FY27 Results28 Jul 2026 · Company Update / Analyst / Investor Meet
Monitoring agency report for the quarter ended June 30, 2026 on the utilisation of proceeds raised through preferential issue of equity shares and convertible share warrants of the company.27 Jul 2026 · Company Update / Monitoring Agency Report
Earnings Presentation for the Unaudited Financial Results for the quarter ended June 30, 2026.27 Jul 2026 · Company Update / Investor Presentation
Pursuant to Regulation 30 of the SEBI LODR we are enclosing herewith the Q1 FY 27 Results update dated July 27, 2026 titled "Tilaknagar Industries Ltd announces Q1 FY27 Results - Tilaknagar ....27 Jul 2026 · Company Update / Press Release / Media Release
The Board at its meeting held on July 27, 2026 appointed Ms. Bhumika Batra as Additional Independent Director for a period of 3 years.27 Jul 2026 · Company Update / Change in Directorate
Based on the recommendation of the Nomination and Remuneration Committee the Board of Directors at their meeting held on July 27, 2026 appointed Ms. Bhumika Batra as Additional Independent Director27 Jul 2026 · Company Update / Change in Management
Based on the recommendation of the Nomination and Remuneration Committee the Board of Directors at their meeting held on July 27, 2026 appointed Ms. Bhumika Batra as Additional Independent Director27 Jul 2026 · Company Update / Change in Management

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 1.0000	15 Sep 2026	15 Sep 2026	—
Final Dividend - Rs. - 1.0000	23 Sep 2025	23 Sep 2025	—
Final Dividend - Rs. - 0.5000	20 Sep 2024	20 Sep 2024	—

Board meetings

27 Jul 2026 Board Meeting - Financial Results