If you enjoy alcohol, this news could be incredibly beneficial for you. The shares of the renowned whiskey producer, Piccadilly Agro, have seen impressive growth recently. On Friday, Piccadilly Agro’s shares surged by 5 percent, reaching ₹800.95 on the Bombay Stock Exchange, making investors very pleased. Additionally, whiskey enthusiasts have another reason to celebrate as the company is set to launch two new whiskey brands in the market soon.
Remarkable Growth in Piccadilly Agro Shares
The company has received approval to supply its two major whiskey brands to the Central Armed Police Forces canteens. In the past five years, Piccadilly Agro’s shares have skyrocketed by over 10,000%. The 52-week high for the company’s shares was ₹910.70, while the 52-week low was just ₹95. Over the last year, investors have enjoyed a staggering profit increase of more than 593.10%.
Transforming ₹1 Lakh into ₹8.42 Lakh
For those who invested ₹1 lakh at the share price of ₹95 a year ago, their investments have turned into ₹8,42,400 today, reflecting a phenomenal rise in value. With the current share price at ₹800, it’s clear that Piccadilly Agro has significantly rewarded its investors—doubling their money in just six months, as the shares have increased by over 115% during this time.
Supply Expansion of New Whiskey Brands
In an exchange filing, Piccadilly Agro announced that its single malt whiskey, Indri, along with its blended malt whiskey, Whistler, will now be supplied to 98 depots across the country. In the first quarter of the current financial year, the company’s total income amounted to ₹209 crore. Comparatively, the net profit has risen by 31.1% annually to ₹21.1 crore, while EBITDA grew by 14.6% to ₹24.96 crore.
Exceptional Stock Performance Over Time
Over the last five years, Piccadilly Agro’s shares have recorded an astounding increase of more than 10,400%. On August 30, 2019, the price was merely ₹7.34 per share, but just four years later, on August 29, 2024, it reached ₹788.45 on the Bombay Stock Exchange. This represents an incredible growth rate of over 8,300% in just four years.
Investment Insights
| Time Period | Share Price (₹) | Growth (%) |
|---|---|---|
| 1 Year Ago | 95 | 593.10 |
| 6 Months Ago | Estimated 370 | 115 |
| 5 Years Ago | 7.34 | 10400 |
Looking Ahead
With an ever-increasing demand for premium whiskey and the company’s strategic expansion plans, Piccadilly Agro seems well-positioned for further growth. The introduction of new brands and its impressive track record make this a golden opportunity for both seasoned investors and whiskey lovers alike. Keep an eye on Piccadilly Agro as it continues to venture into new horizons!
