Allied Blenders and Distillers to launch single malt whisky, expand global footprint 

INDIA – Allied Blenders and Distillers Ltd (ABD), the maker of Officer’s Choice Whisky and Zoya Premium Gin, has announced plans to enter the single malt whisky segment as part of its strategy to strengthen its presence in the premium alcoholic beverages market. 

Managing Director Alok Gupta confirmed that the company is setting up a single malt plant at its Rangapur-based integrated manufacturing facility with a capital expenditure of Rs 75 crore. The plant is expected to be operational by the end of the current fiscal year. 

“Single malt whisky has to mature in a wooden cask for three years. Post-2029, we will have our own Indian single malt coming out from this unit,” Gupta said. 

The company aims to tap into the growing global demand for Indian single malts, which have been gaining recognition and awards at international competitions. ABD also plans to leverage this opportunity to boost exports, which currently account for around 8% of its topline. 

“We are the largest exporter out of India. Till FY24, we were exporting to 17 countries and have increased to 27. We will expand our footprint to 35 countries,” Gupta noted. 

Listed on the stock exchanges in July 2024, ABD reported an income from operations of Rs 3,541 crore for FY25. The company is also expanding its premium and luxury portfolio to compete with foreign brands. 

“Till FY24, our portfolio largely started at sub-thousand rupees per 750 ml bottle. Since January 2024, we have launched five luxury brands,” Gupta said. 

He added that recent government tax reforms, including GST adjustments and income tax changes, are expected to support consumer premiumisation. 

The company has also commissioned a PET bottle manufacturing facility at Rangapur and is targeting improved profitability. ABD expects to raise EBITDA margins from 7.5% to around 17% and increase return on capital from 18% to above 20% by investing in technology, people, and processes. 

Looking ahead, ABD projects double-digit growth in volumes and mid-double-digit growth in net sales value. The company has guided for 14–15% annualised growth over the next three fiscal years. 

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