Tilaknagar Industries Stock Rallies 14%: Here's What's Fuelling the Rise

Shares of Tilaknagar Industries rallied over 14% on the National Stock Exchange, signalling strong investor interest. The liquor company reported a 95% rise in its profit after tax figure (excluding exceptional items) to Rs 77 crore from Rs 40 crore recorded in the corresponding quarter of previous fiscal year.

At 12:20 pm, shares of Tilaknagar Industries were trading at Rs 334, up by 10.65% on the NSE.

Tilaknagar Industries reported a 20.1% year-on-year (YoY) volume growth owing to robust performance in major southern states such as Andhra Pradesh, Karnataka and Tamil Nadu. The revenue from operations figure stood at Rs 406 crore, marking a 13.1% year-on-year rise from Rs 359 crore recorded in the corresponding quarter of last year.

"Revenue growth lower than volume growth due to price reduction taken in Andhra Pradesh in Q3 FY25," the company said in an exchange filing.

“Q4 FY25 has seen a very strong close to the year; with high volume and value-led growth. Quarterly growth was driven by the resumption of strong performance in our largest state of Andhra Pradesh, both on YoY and QoQ terms," said Amit Dahanukar, chairman and managing director, Tilaknagar Industries.

"The Route to Market (RTM) change in Andhra Pradesh is completed, and we expect our performance in the state to continue its growth trajectory, in-line with the industry. The state has been well supported by our other southern states, each of which have seen market share improvements," he added.

Tilaknagar Industries Share Price

So far this year, the shares of the alcobev company have dropped over 20%, declining from Rs 420 price level to Rs 335 on NSE. Even during the last 6-month period, the stock has struggled to remain in the green territory, albeit the downward course was limited to just a 2% drop.

However, the stock has delivered a strong performance on an annual basis, experiencing a rise of more than 44%. The growth in the overall performance of the stock has been staggering in the last 5 years, as the shares have surged over 1,754%.

Currently, the shares of Tilaknagar Industries are down by over 26% from the 52-week high price level of Rs 457.