Officer's Choice plans to acquire 2-3 brands
Allied Blenders and Distillers (ABD) plans to acquire 2-3 new brands in 2025-26, focusing on premium and luxury spirits. The company aims to increase its share of the prestige segment from 42% to 50% amid a stagnant Indian liquor market. ABD reported a revenue increase to 2,342.1 crore in the December quarter of 2024-25, with a profit after tax of 81 crore. The company is shifting its strategy to include more brands and partnerships, moving beyond its traditional focus on a few key products. The company has launched new brands like Zoya gin and Arthaus single malt, and partnered with Roust for vodka distribution. ABD aims to enhance its portfolio and increase self-supply to 100% by 2027-28, currently supplying a third of its volume independently.