Piccadilly Agro Industries Limited, established in 1994, is a renowned distillery company known for its exceptional single malt spirits. The company, along with its three associate entities, specializes in the production of sugar and distillery products. Piccadilly Agro Industries stands as the largest independent manufacturer and distributor of malt spirits in India, offering a premium range of single malt creations. In addition to single malt spirits, the company also excels in the production of Ethanol, Extra Neutral Alcohol (ENA), CO2, and white crystal sugar.
Over 300% Returns in One Year
The weekly chart of Piccadilly Agro Industries Ltd shows a massive breakout over 130 rupees, followed by continuous high circuits, giving investors multibagger returns.
In October 2022, Piccadily Agro Industries’ stock was priced at around 40 rupees. Now, looking at October 2023, the stock has hit its highest point ever. In just one year, the company’s stock has seen incredible growth, rising by over 300%.
Impressive Financial Growth
In their quarterly results for June 2023, Piccadily Agro Industries revealed remarkable financial growth. Their net sales surged by 24.33 percent, reaching Rs 228.95 crore, while net profit rose by a significant 45.06 percent, amounting to Rs 10.96 crore. The company’s EBITDA also saw substantial growth, increasing by 40.24 percent to Rs 24.64 crore. These impressive financial indicators have significantly contributed to the company’s stock achieving new heights.
Indri Diwali Collector’s Edition 2023
Piccadilly Agro Industries achieved a remarkable milestone with their “Indri Diwali Collector’s Edition 2023” single malt whisky. It was awarded the title of “Best Whisky” at the prestigious World Whisky Awards in 2023, an esteemed recognition in the world of spirits. This achievement highlights the company’s commitment to crafting top-notch spirits. The award is not only a source of pride but is also expected to boost the sales of “Indri Diwali Collector’s Edition 2023” and other single malt creations, further establishing their position as a leading name in the single malt industry.
For investors seeking promising prospects in the dynamic landscape of the Indian economy, Piccadily Agro Industries offers a compelling opportunity. With its impressive growth and achievements, Piccadily Agro Industries is a noteworthy choice. But remember, it is essential to do your research and consider your financial goals before investing.
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