There margins could improve on account of premiumization and category creation!
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Q1FY25 - Transcript - Good to see company reducing the debt. Company has paid 22.3Cr in Q1FY25 and prepaid 20 Cr of Kotak term loan in Q2 (current running quarter) due to strong cash flows. I hope the management spends the future cash flows,
- increase the dividend
- Distribution, Advertising and Marketing
- Enter to new geographies
- New product launches in adjacent verticals.
Disc: Invested. No transaction in the last 6 months.
4 Likes
Can someone help me understand why company PL shows not taxes despite making profit?
They are setting off the losses that happened in previous years. This benefit will go away from FY26 onwards.
cc: @Sridharj
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Thesis:
Andhra Pradesh and Tamilnadu expected to reduce excise duty and create more conducive policy for alcohol sector. This could boost volumes by 20+%.
More focus on premiumization, resulting in increased margin
Company has reduced debt drastically and will be debt free by Q2FY25. All profits will become cash flow and help company expand distribution network, marketing reach with the cash in hand.
Technically about to break ATH with long 18 month consolidation.
3 Likes
Management seems to be confident on double digit growth in FY25.
Disc: Invested. No transactions in last 1 year.
cc: @Sridharj
5 Likes
Good news in recent times for Tilaknagar Industries due to future increase in FCF
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Co. has approved an investment of Rs. 8.03 Crores in Round the Cocktails Private Limited (“Bartisans”), acquiring 36.17% of the share capital. Bartisans specializes in non-alcoholic cocktail. This company was featured on Shark Tank season-3.
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Tilaknagar Industries has increased its stake in Spaceman Spirits Lab, producer of Samsara Gin.
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Andhra Cabinet approves new excise policy. Company says they will have double digit volume growth on account of this policy.
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Andhra Pradesh cabinet come with new policy, which will allow private sector to open 3396 retail shops through e auction. Shops will be operational from October 12. It was one important monitorable for Tilaknagar Industries.
D: Invested
1 Like