Fan Site: Inspired, Not Endorsed, By Rakesh Jhunjhunwala

Posts tagged Allied Blenders & Distillers

Allied Blenders & Distillers is striving for double digit volume growth and margin expansion. Buy for target price of ₹495 (50% upside): ICICI Direct



Allied Blenders & Distillers share price target

Allied Blenders & Distillers (ABDL), incorporated in 1988, is third largest IMFL company in terms of sales volumes between FY14-22. It has 17 IMFL brands in the portfolio; 4 out of it are Millionaire brands. Premiumisation is core of the long-term growth strategy. Prestige & Above (P&A) brands contribution increased to 37.2% in FY24 vs. 25% in FY18.

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Disclaimer: This is a Fan Site in Rakesh Jhunjhunwala's name. Rakesh Jhunjhunwala is not associated with us and is in no way aware, accountable or responsible for what is stated here. Further, nothing here constiutes investment advice for you to act on. Also, we have a vested interest, and are extremely biased, in everything that we say. So Mind It!