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Tilaknagar Industries Ltd.

BSE: 507205 | NSE: TI |

Shares falling in the `Trade-to-Trade` or `T-segment` are traded in this series and no intraday is allowed. This means trades can only be settled by accepting or giving the delivery of shares.
Series: BE | ISIN: INE133E01013 | SECTOR: Breweries & Distilleries

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Info

BSE Live

Jan 27, 12:35
16.97 0.80 (4.95%)
Volume
AVERAGE VOLUME
5-Day
13,585
10-Day
7,419
30-Day
8,035
13,101
  • Prev. Close

    16.17

  • Open Price

    16.65

  • Bid Price (Qty.)

    16.97 (8527)

  • Offer Price (Qty.)

    0.00 (0)

NSE Live

Jan 27, 12:35
16.90 0.80 (4.97%)
Volume
AVERAGE VOLUME
5-Day
52,548
10-Day
36,036
30-Day
33,930
81,764
  • Prev. Close

    16.10

  • Open Price

    16.10

  • Bid Price (Qty.)

    16.90 (45287)

  • Offer Price (Qty.)

    0.00 (0)

Annual Report

For Year :
2018 2016 2015 2014 2013 2012 2011 2010 2009

Chairman's Speech

Dear Stakeholders,

The ability to learn and adapt at speed, especially during times of uncertainty, reflects our belief in our core and disciplined execution with improved agility that we have across our business.

The year 2017-18 (FY18) was the year of unpredictability - first it was the highway ban and then, alcohol exclusion in GST. There were uncertainties across the regions towards the fall out of both the regulations. Despite such a situation, we continued to build a stronger, more consistent and better performing company. During FY18, our sales volume increased by 15.40% to 59.2 lacs cases as compared to 51.3 lacs cases in FY17.

Some of the key liquor consuming states have provided price increase after 5 years, which has further helped in improving the realizations. However, the full impact of the price rise will be visible in the next fiscal.

Our strong underlying performance reflects our focus on driving superior growth by strengthening our core brands and expanding our reach to more consumers across the regions where we have stronghold, with an equal emphasis on premiumization.

Today, alcohol forms an integral part of any social activity or get-together. Besides, the demand for alcoholic beverages in India is largely attributable to the young population, changing lifestyles, drinking behaviour, rising income and aspirations. It is a part of the celebration and we are proud that our brands find acceptance across such occasions.

These governing beliefs reflect widely shared notions about customer preferences and the differentiation that we offer. This gives us the positivity to encounter the working capital challenges and makes us hopeful of achieving a favourable resolution within this fiscal. We have continuously reinforced our core with a sustainable business model and are prepared for long-term transformation. Our marketing team has been taking conscious efforts to enhance our brand visibility through installing display sign boards across strategic locations as well as reaching out to newer consumers by associating across events.

I am honoured to acknowledge the role played by our Board in framing the right strategy, executing strong leadership and building a culture to deliver at full potential. The unwavering commitment of our executive team remains the key pursuit of delivering value for all stakeholders. And lastly, and most importantly, I would like to mention on how I am always energised by the passion our people have for delivering our performance ambition. I would like to thank everyone associated with TI for their commitment and hard work during the year and would hope to receive such support going ahead.

Best Wishes,

Amit Dahanukar - Chairman & Managing Director