Piccadily Agro Reports 52% Revenue Growth in Q3 FY26 Results
Filing Summary
Piccadily Agro Industries Ltd. reported a 52% year-on-year increase in revenue for Q3 FY26, reaching ₹314 crore. The company’s EBITDA rose by 57% to ₹80 crore, while Profit After Tax (PAT) nearly doubled to ₹48 crore, marking a 92% increase. The distillery segment contributed significantly, accounting for 91% of total revenue. For the nine months ending FY26, revenue was ₹776 crore, with PAT at ₹94 crore. Piccadily continues to expand its premium spirits portfolio and capacity to support growth. The company operates in 27 Indian states and 29 international markets.
Piccadily Agro Industries Ltd. announced its financial results for the third quarter of the fiscal year 2025-26. The company reported a significant increase in its financial performance, with revenue from operations reaching ₹313.80 crore, a 52% rise compared to ₹205.72 crore in the same quarter of the previous year. The company’s EBITDA increased to ₹79.70 crore, reflecting a 57% year-on-year growth.
The company’s Profit Before Tax (PBT) rose by 85% to ₹68.03 crore, while the Profit After Tax (PAT) nearly doubled, increasing by 92% to ₹48.14 crore. The net profit margin improved from 12.18% to 15.3%. Earnings Per Share (EPS) also saw a substantial increase, climbing to ₹4.89, which represents an 84% rise year-on-year. On a sequential basis, Q3 FY26 revenue grew by 35% over Q2 FY26, with PAT increasing by 81%.
The distillery segment was the primary contributor to the company’s revenue, generating ₹284.97 crore, which accounted for 91% of the total revenue. This segment experienced a 55% year-on-year growth. For the nine months ending FY26, Piccadily Agro Industries Ltd. reported revenue of ₹775.50 crore, a 26% increase year-on-year. The Profit Before Tax for this period was ₹129.00 crore, and the Profit After Tax was ₹93.65 crore, marking a 46% increase year-on-year.
The company continues to focus on expanding its premium spirits portfolio, which has been a key driver of its financial performance. Piccadily Agro Industries Ltd. is undertaking capacity enhancements at its Indri facility and developing a greenfield facility in Mahasamund, Chhattisgarh. These expansions are part of the company’s strategy to support its long-term growth objectives.
Piccadily Agro Industries Ltd. has established a presence in 27 Indian states and 29 international markets. The company is also present in 28 travel retail outlets. Its premium brands, including Indri, Camikara, and Cashmir, are gaining traction in global markets. The company is expanding its capacity and strengthening its leadership and operating teams to support its growth strategy.
Piccadily Agro Industries Ltd. is a publicly listed company operating in the distillery and sugar segments. The company is recognized for its premium spirits, including Indri Single Malt, Camikara Aged Rum, and Cashmir Vodka. Piccadily Agro Industries Ltd. focuses on innovation, premiumization, and capacity expansion to sustain growth and deliver long-term value to its stakeholders.