Allied Blenders shares jump nearly 3% on launch of new PET Bottle facility

Shares of Allied Blenders & Distillers (ABD) jumped nearly 3% today after the company inaugurated its state-of-the-art PET bottle manufacturing facility at its integrated hub in Rangapur, Telangana. As of 9:32 AM, the shares were trading 2.59% higher at Rs 520.85.

The new plant, built with an investment of around ₹115 crore, has an annual capacity of over 600 million bottles. This move allows ABD to produce PET bottles in-house, reducing dependence on external suppliers, cutting logistics costs, and boosting overall supply chain efficiency.

Advertisement

Located within ABD’s largest integrated alcobev facility in Telangana, the PET unit sits alongside an ENA distillery, an IMFL bottling unit, and the upcoming single malt distillery. The facility is equipped with advanced robotics-based packaging systems, energy-efficient Japanese machinery, and modern recycling capabilities, highlighting ABD’s focus on technology and sustainability.

This launch is part of ABD’s larger backward integration program, valued at around ₹525 crore. The program also includes India’s first single malt distillery in Rangapur and the expansion of its recently acquired ENA distillery in Maharashtra. Together, these initiatives are expected to enhance operational efficiency and improve gross margins by approximately 300 basis points by FY28.

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.