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In Q3 FY26, revenue from operations stood at Rs 313.80 crore
Piccadily Agro Industries Limited (PAIL), a premium alco-bev manufacturer, delivered a standout Q3 FY26, powered by surging demand for its single malt and premium portfolio, driving robust growth and performance.
In Q3 FY26, revenue from operations stood at Rs 313.80 crore, registering a robust 52.5 per cent growth over Rs 205.72 crore in Q3 FY25. EBITDA increased to Rs 79.70 crore, from 50.87 crore, up 56.7 per cent YoY, reflecting improved operating leverage and a richer product mix. Profit Before Tax (PBT) rose sharply by 85.3 per cent YoY to Rs 68.03 crore. Profit After Tax (PAT) nearly doubled to Rs 48.14 crore, a 92.2 per cent YoY increase. Net profit margin grew from 12.18 per cent to 15.3 per cent, a 26 per cent rise. Earnings Per Share (EPS) climbed to Rs 4.89, up 83.8 per cent YoY.
On a sequential basis, Q3 FY26 revenue grew 34.9 per cent over Q2 FY26, while PAT increased 80.9 per cent, underlining sustained momentum across operations. Distillery segment remained the key growth driver, contributing Rs 284.97 crore, accounting for 91 per cent of total revenue, with 54.9 per cent YoY growth.
During 9M FY26, the company reported revenue of Rs 775.50 crore, up 26.2 per cent YoY, PBT of Rs 129.00 crore, up 43.6 per cent YoY and PAT of Rs 93.65 crore, up 45.7 per cent YoY.
The company’s ongoing expansion plan—including capacity enhancement at its Indri facility, the greenfield facility at Mahasamund, Chhattisgarh and continued investments in barrels and maturation infrastructure—remains on track, positioning Piccadily for achieving its long-term goals.
Natwar Aggarwal, Chief Financial Officer, Piccadily Agro Industries, said, “Our Q3 FY26 result shows the strength of our brand-led strategy and disciplined execution. With revenue growth of over 52 per cent and PAT growth of more than 92 per cent year-on-year, we are seeing the benefits of premiumization and scale in our distillery business. As new capacities come on stream and our aged inventory matures, we remain confident of delivering 3-4X growth over the next three to five years while building Indri into one of the world’s leading single malt whisky brands.”