Whisky to remain a major revenue contributor for Allied Blenders & Distillers: Ramakrishnan Ramaswamy

economictimes.indiatimes.com:

«The EBITDA margins have been historically around 9%. It came down consequent to COVID to around 7% and after that the increase in the material cost especially glass bottles and ENA,» says Ramakrishnan Ramaswamy, CFO, Allied Blenders & Distillers.

Yes, we have seen the good listing coming in. Growth outlook for the industry is strong. So, what kind of revenue are you expecting as well as the EBITDA growth that you are pencilling in over the next two to three years?
Ramakrishnan Ramaswamy: The growth expectation of the industry is around 9% and we would be in line with that, especially on the mass premium and on the other segment. So, we would be mid-teens on the premium segment and low-teens on the mass premium segment.

Also, just want to understand in terms of overall EBITDA margin what is the target that you have for EBITDA for FY25 and FY26 because your EBITDA margins obviously have been in the range of 7% to 9% in the last three years. So, what is the outlook there?

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Ramakrishnan Ramaswamy: The EBITDA margins have been historically around 9%. It came down consequent to COVID to around 7% and after that the increase in the material cost especially glass bottles and ENA. Post that there has been a recovery in the prices of the COGS and consequent to that the EBITDA