ABD Maestro targets ₹200 crore FY28 revenue as premium spirits push accelerates

Allied Blenders and Distillers’ super-premium unit is targeting nearly ₹200 crore in FY28 revenue, against a current run rate of about ₹100 crore. The company is expanding its eight-to-nine-brand portfolio, distribution and cocktail-led consumer engagement as premium alcohol demand rises.

— Source publishedFri, 28 Aug, 2026, 16:11 IST·First seen Fri, 28 Aug, 2026, 16:18 IST·Source The Hindu BusinessLine

What happened

ABD Maestro, Allied Blenders and Distillers’ super-premium spirits unit, targets nearly ₹200 crore revenue in FY28 versus a ₹100 crore run rate, betting on

Key facts

  • ₹200 crore revenue target in FY28
  • Current revenue run rate around ₹100 crore
  • Eight to nine brands
  • Premium alcohol brands priced above ₹2,000
  • Premium-and-above segment is roughly 10% of volume and over 42% of sector value
  • More than 350 entries in Bar Maestro competition
  • Seven-city bartending competition
  • One and a half years of operations

Why this matters

ABD Maestro’s premiumization push could make it a more relevant partner or acquisition platform across high-end spirits brands, distribution capabilities and on-trade consumer-engagement assets.

What to watch

  • Quarterly Maestro revenue growth versus the roughly ₹100 crore annualized base.
  • Number of active brands, new state listings and quality of on-trade account additions.
  • Premium and luxury spirits volume/value growth in key Indian urban markets.
  • Realization per case, gross-margin movement and marketing-spend intensity.
  • State excise-duty revisions, import-policy changes and restrictions on alcohol advertising or distribution.
  • Competitive launches and promotional activity from major Indian and multinational spirits companies.
  • Prioritize distribution gains in premium liquor markets and high-growth metros rather than broad national rollout.
  • Increase bartender, mixologist, hotel, restaurant and premium-retail partnerships to convert cocktail trial into repeat off-trade purchases.
  • Use selective brand launches, limited editions and premium packaging to build price ladders without fragmenting marketing investment.
  • Track state-level excise changes, listing approvals and route-to-market economics before committing major inventory or promotion budgets.
  • Protect gross margin by emphasizing higher-realization SKUs and disciplined trade-spend rather than volume-led discounting.