Tilaknagar Industries Limited (TI) AI Stock Analysis

• Market Cap: ₹97.72B
• Dividend Yield: 0.2%
• Average Volume (3M): 97.31K
• Price to Earnings (P/E): 35.1
• Beta (1Y): 1.63
• Revenue Growth: 4.44%
• EPS Growth: 81.43%
• Country: IN
• Employees: 328
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Beverages - Wineries & Distilleries
• EPS (TTM): N/A
• Shares Outstanding: 193,813,750
• 10 Day Avg. Volume: 185,634
• 30 Day Avg. Volume: 97,315
• PEG Ratio: 0.32
• Price to Book (P/B): 5.35
• Price to Sales (P/S): 3.29
• P/FCF Ratio: 27.50
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 68 Neutral
• Price Target: ₹576.00 ▲(22.55% Upside)

Tilaknagar Industries Limited has a solid financial foundation with strong revenue and profit growth, high margins, and efficient cash flow management. However, technical indicators suggest overbought conditions, and the high P/E ratio indicates potential overvaluation. These factors balance the overall stock score.

Tilaknagar Industries Limited Business Overview & Revenue Model

Company Description

Tilaknagar Industries Limited (TI) is a prominent player in the Indian alcoholic beverage sector, primarily engaged in the production and distribution of a diverse range of spirits, including Indian Made Foreign Liquor (IMFL), brandy, and whiskey. Established in 1933, the company has built a strong portfolio of brands and has established a significant market presence, particularly in the southern and western regions of India. TI operates in various segments, focusing on the manufacturing of alcoholic beverages and leveraging its extensive distribution network to reach consumers across different demographics.

How the Company Makes Money

Tilaknagar Industries generates revenue primarily through the sale of its alcoholic beverage products, including popular brands of whiskey and brandy. The company's revenue model is supported by the high demand for alcoholic beverages in India, where it has established strong brand loyalty among consumers. Key revenue streams include direct sales from retail outlets, distribution agreements with wholesalers, and exports to international markets. Additionally, strategic partnerships with distributors and retailers enhance the company's market reach and contribute to its earnings. Seasonal promotions, marketing campaigns, and brand expansions also play a crucial role in driving sales and revenue growth.

Tilaknagar Industries Limited Financial Statement Overview

Summary

Tilaknagar Industries Limited demonstrates strong financial performance with impressive revenue and profit growth, high margins, and efficient cash flow management. The low debt levels and high equity base further strengthen its financial stability, positioning the company well for future growth.

Income Statement

Tilaknagar Industries Limited has demonstrated a strong revenue growth trajectory with a revenue increase from 13,874.87 million to 14,341.55 million INR, reflecting a growth rate of 3.37%. The gross profit margin is robust at 49.3%, and the net profit margin is healthy at 16.0%. There is a remarkable EBIT margin of 45.5% and an impressive EBITDA margin of 19.0%, indicating efficient cost management and operational performance. The company's revenue and profit growth, alongside high margins, suggest strong profitability and stability.

Balance Sheet

The balance sheet reflects strong financial health with a debt-to-equity ratio of 0.05, indicating low leverage and financial risk. The return on equity is excellent at 26.0%, showcasing effective utilization of equity capital. The equity ratio stands at 72.7%, demonstrating a solid equity base and strong financial stability. The company's low leverage and high equity ratio are strengths, though a slight increase in liabilities could pose a minor risk.

Cash Flow

The cash flow statement reveals a significant improvement in free cash flow from 1,125.29 million to 1,715.63 million INR, showing a growth rate of 52.44%. The operating cash flow to net income ratio is 0.78, indicating good cash generation relative to net income. The free cash flow to net income ratio is 0.75, reflecting efficient cash management. The strong free cash flow growth and solid cash metrics highlight the company's liquidity and ability to fund operations and investments.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	15.30B	14.34B	13.94B	11.64B	7.83B	5.49B
Gross Profit	7.59B	7.02B	6.83B	5.44B	3.95B	2.60B
EBITDA	3.14B	2.66B	1.96B	1.46B	1.22B	632.05M
Net Income	2.78B	2.30B	1.38B	1.50B	451.87M	-384.03M
Balance Sheet
Total Assets	0.00	12.13B	10.33B	10.12B	10.13B	10.12B
Cash, Cash Equivalents and Short-Term Investments	1.11B	1.11B	427.58M	662.21M	706.25M	481.59M
Total Debt	0.00	441.79M	1.21B	2.56B	5.85B	7.02B
Total Liabilities	-8.82B	3.31B	3.80B	7.14B	8.80B	10.67B
Stockholders Equity	8.82B	8.82B	6.54B	4.83B	1.34B	-557.18M
Cash Flow
Free Cash Flow	0.00	1.72B	1.13B	604.10M	617.57M	853.82M
Operating Cash Flow	0.00	1.78B	1.21B	712.89M	651.06M	854.66M
Investing Cash Flow	0.00	-769.26M	-148.93M	-117.68M	-258.88M	-3.21M
Financing Cash Flow	0.00	-944.07M	-1.29B	-674.47M	-413.42M	-776.17M

Tilaknagar Industries Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 470.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:TI, the sentiment is Positive. The current price of 470 is below the 20-day moving average (MA) of 484.28, below the 50-day MA of 472.91, and above the 200-day MA of 374.03, indicating a bullish trend. The MACD of 11.72 indicates Negative momentum. The RSI at 51.73 is Neutral, neither overbought nor oversold. The STOCH value of 48.06 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:TI.

Tilaknagar Industries Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TI	68 Neutral	₹97.72B	35.08	―	0.20%	4.44%	81.43%
ASALCBR	68 Neutral	₹22.65B	24.70	―	0.17%	27.55%	56.11%
SDBL	68 Neutral	₹25.24B	25.27	―	―	3.51%	10.51%
SULA	64 Neutral	₹21.45B	37.29	―	1.42%	-2.12%	-39.06%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
RKDL	41 Neutral	₹624.72M	516.47	―	―	57.93%	―

Tilaknagar Industries Limited Corporate Events

Tilaknagar Industries Appoints Nishant Jain as President – Sales

Tilaknagar Industries Limited has announced the appointment of Mr. Nishant Jain as President – Sales, effective from October 03, 2025. Mr. Jain brings over 26 years of experience in the alco-beverage sector, having previously held significant roles at Inbrew Beverages and Pernod Ricard India. His expertise in sales, trade marketing, and key accounts is expected to strengthen Tilaknagar Industries’ market position and drive growth in both domestic and international markets.

Supreme Court Upholds Tilaknagar Industries’ Exclusive Rights to Key Alcohol Brands

Tilaknagar Industries Limited announced that the Supreme Court of India has upheld a previous Bombay High Court decision in favor of the company, allowing it to continue exclusively manufacturing and marketing its alcoholic beverages under the MANSION HOUSE and SAVOY CLUB brands in India. This decision restrains UTO Nederland B.V. and Allied Blenders and Distilleries Limited from marketing these brands in India until the resolution of ongoing legal proceedings. The Supreme Court has also directed a trial court to conclude the related suit within six months, potentially impacting the competitive landscape in the Indian alcoholic beverage market.

Tilaknagar Industries Announces 90th AGM and Annual Report Release

Tilaknagar Industries Limited has announced the 90th Annual General Meeting (AGM) to be held on September 30, 2025, via video conferencing. The company has released the AGM notice and the Annual Report for the financial year 2024-25, which includes the Business Responsibility and Sustainability Report. These documents are being distributed electronically to members with registered email addresses and are also available on the company’s website.

Tilaknagar Industries Releases 2024-25 Sustainability Report

Tilaknagar Industries Limited has released its Business Responsibility and Sustainability Report for the financial year 2024-25, aligning with the Securities and Exchange Board of India’s regulations. This report, part of the company’s annual report, highlights the company’s commitment to sustainable business practices and is available on their website. The report’s release underscores Tilaknagar Industries’ dedication to transparency and responsibility, potentially enhancing its reputation among stakeholders and strengthening its position in the industry.