Tilaknagar Industries Ltd (NSE:TI)
₹ 503.2 +12.45 (+2.54%) Market Cap: 124.40 Bil Enterprise Value: 143.80 Bil PE Ratio: 0 PB Ratio: 4.15 GF Score: 80/100

Q3 2024 Tilaknagar Industries Ltd Earnings Call Transcript

Feb 5, 2025 / 06:00 AM GMT
Release Date Price: ₹394.3 (-1.44%)

Key Points

Positve
  • Tilaknagar Industries Ltd (BOM:507205) reported a 17% year-on-year growth in EBITDA for Q3 FY25, driven by cost optimizations and efficient selling and distribution expenses.
  • The company achieved its highest ever quarterly volumes in Karnataka, with more than 20% year-on-year growth, attributed to a reduction in excise duty on premium products.
  • Tilaknagar Industries Ltd (BOM:507205) successfully launched the Monarch Legacy edition, a luxury brandy, aligning with its strategy to elevate the perception of brandy in India.
  • The company reduced its gross debt by INR47 crores in Q3, primarily through the full repayment of a bank term loan, improving its financial position.
  • Tilaknagar Industries Ltd (BOM:507205) is exploring a significant capacity expansion in Andhra Pradesh, indicating confidence in future growth prospects in the state.
Negative
  • The company experienced a revenue decline due to a price correction in Andhra Pradesh, impacting the net sales realization per case.
  • Primary volumes in Andhra Pradesh saw a decline due to operational challenges and a transition to a new route to market.
  • Despite the growth in primary volumes, secondary volumes in Andhra Pradesh grew only by 8%, indicating potential challenges in market penetration.
  • The price correction in Andhra Pradesh led to operational challenges, affecting the movement of stock and impacting volumes.
  • Tilaknagar Industries Ltd (BOM:507205) anticipates a moderation in EBITDA margins due to increased investments in advertising and sales promotion.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

TILK.NS - Tilaknagar Industries Ltd
Q3 2024 Tilaknagar Industries Ltd Earnings Call
Feb 05, 2025 / 06:00AM GMT

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Presentation
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Unidentified_1 [1]
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Ladies and gentlemen, conference call as a reminder, all participant lines will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes.

Should you need assistance during the call? Please signal an operator by pressing star then zero on your touchtone phone.

I now hand the conference over to Mr Sad rank from CDR India.

Thank you and over to you, sir.

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Unidentified_2 [2]
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Thank you. Good morning.

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