loader2
Login Open ICICI 3-in-1 Account
  • Text Size
  • Text to Speech
  • Color Contrast
  • Pause Animations

Open ICICI
3-in-1 Account

Manage your Savings, Demat and Trading Account conveniently at one place

+91

BLOG

Allied Blenders and Distillers through its exhange filiing

ICICIdirect Research 12 Jun 2026 DISCLAIMER

News: Allied Blenders and Distillers through its exhange filiing notified that its top selling brand IcoNiQ White recorded highest 1 month sale of 1mn cases in May 2026. This implies an ARR of 12mn case for the year.

View: The implied ARR of 12mn cases for the year is in-line with our assumption of ~12.5-12.8mn cases for FY27E for the brand. IcoNiQ White has been the fastest growing brand for the company. It has more than doubled over the last 2 years from 5.7mn cases in FY25 to 10.7mn in FY26 to recording an expected ARR of ~12mn in FY27. Despite near term headwinds for availability of glass bottles due to supply chains disruptions impacted by US Iran war, the brand continues to scale reinforcing its strong demand and led by consistent scale of distribution across the country.

Impact: Positive

Download ICICI Direct app

Invest, Track, and Manage your Portfolio Anytime, Anywhere

Download ICICI Direct app

Invest, Track, and Manage your Portfolio Anytime, Anywhere