Tilaknagar Industries Ltd. was listed on the NSE and BSE on July 16, 2010. In the last five years, its stock has given a massive return of around 1180% to its investors. Will Tilaknagar Industries continue to provide such great returns in the future as well? Let’s explore Tilaknagar Industries’ future growth potential and the Tilaknagar Industries’ share price target 2025 to 2050 in this article.
Tilaknagar Industries Ltd Balance Sheet
Particulars | March 2023 | March 2024 | March 2025 |
---|---|---|---|
Equity Capital | 185 | 193 | 194 |
Reserves | 298 | 461 | 689 |
Borrowings | 256 | 121 | 44 |
Other Liabilities | 273 | 258 | 286 |
Total Liabilities | 1,012 | 1,033 | 1,213 |
Fixed Assets | 420 | 396 | 370 |
CWIP | 0 | 0 | 3 |
Investments | 23 | 12 | 30 |
Other Assets | 569 | 625 | 810 |
Total Assets | 1,012 | 1,033 | 1,213 |
By the end of 2025, the Tilaknagar Industries share price is expected to be around ₹490 in normal conditions. In a bear market, it might be ₹450, and in a bull market, it may go up to ₹550.
Tilaknagar Industries Share Price Target 2025 | Rupees (₹) |
---|---|
1st Target | 450 |
2nd Target | 490 |
3rd Target | 550 |
In 2026, the Tilaknagar Industries share price is expected to be around ₹580 in a normal situation. In a bear market, it might be ₹550, and in a bull market, it may cross ₹700.
Tilaknagar Industries Share Price Target 2026 | Rupees (₹) |
---|---|
1st Target | 550 |
2nd Target | 580 |
3rd Target | 700 |
According to our analysis, the Tilaknagar Industries share price is expected to be around ₹700 in 2027. In a bear market, it might be ₹650, and in a bull market, it may cross ₹950.
Tilaknagar Industries Share Price Target 2027 | Rupees (₹) |
---|---|
1st Target | 650 |
2nd Target | 700 |
3rd Target | 950 |
According to our analysis, the Tilaknagar Industries share price may trade near ₹950 by 2028; bearish conditions could pull it down to ₹800, while a strong bull run might lift it to ₹1200.
Tilaknagar Industries Share Price Target 2028 | Rupees (₹) |
---|---|
1st Target | 800 |
2nd Target | 950 |
3rd Target | 1200 |
In a normal situation, the Tilaknagar Industries share price is projected to be approximately ₹1100 in 2029. In a bear market, the value may be as low as ₹950, while in a bull market, it may rise to ₹1550.
Tilaknagar Industries Share Price Target 2029 | Rupees (₹) |
---|---|
1st Target | 950 |
2nd Target | 1100 |
3rd Target | 1550 |
In a normal situation, the Tilaknagar Industries share price is projected to be approximately ₹1400 in 2030. In a bear market, the value may be as low as ₹1100, while in a bull market, it may rise to ₹2050.
Tilaknagar Industries Share Price Target 2030 | Rupees (₹) |
---|---|
1st Target | 1100 |
2nd Target | 1400 |
3rd Target | 2050 |
By 2035, the Tilaknagar Industries share price is projected to be around ₹2900 under normal conditions. In adverse markets, the price could fall to ₹2200, while favorable conditions might push it up to ₹6100.
Tilaknagar Industries Share Price Target 2035 | Rupees (₹) |
---|---|
1st Target | 2200 |
2nd Target | 2900 |
3rd Target | 6100 |
Under normal conditions, the Tilaknagar Industries share price might hit ₹9500 by 2040. A bearish trend could lower it to ₹4400, whereas a bullish surge could raise it to ₹18,500.
Tilaknagar Industries Share Price Target 2040 | Rupees (₹) |
---|---|
1st Target | 4400 |
2nd Target | 9500 |
3rd Target | 18,500 |
In 2050, the Tilaknagar Industries share price is expected to be around ₹50,000 in a normal situation. In a bear market, it might be ₹17,600, and in a bull market, it may go up to ₹1,10,500.
Tilaknagar Industries Share Price Target 2050 | Rupees (₹) |
---|---|
1st Target | 17,600 |
2nd Target | 50,000 |
3rd Target | 1,10,500 |
Years | Target Price |
---|---|
Tilaknagar Industries Share Price Target 2025 | ₹450 to ₹550 |
Tilaknagar Industries Share Price Target 2026 | ₹550 to ₹700 |
Tilaknagar Industries Share Price Target 2027 | ₹650 to ₹950 |
Tilaknagar Industries Share Price Target 2028 | ₹800 to ₹1200 |
Tilaknagar Industries Share Price Target 2029 | ₹950 to ₹1550 |
Tilaknagar Industries Share Price Target 2030 | ₹1100 to ₹2050 |
Tilaknagar Industries Share Price Target 2035 | ₹2200 to ₹6100 |
Tilaknagar Industries Share Price Target 2040 | ₹4400 to ₹18,500 |
Tilaknagar Industries Share Price Target 2050 | ₹17,600 to ₹1,10,500 |
About Tilaknagar Industries

Tilaknagar Industries Limited is an Indian company that makes alcoholic drinks like brandy, whisky, rum, vodka, and gin. It was started in 1933 by Shri Mahadev L. Dahanukar and is based in Mumbai, Maharashtra. The company is best known for its Mansion House Brandy, which is very popular in India.
Tilaknagar Industries Business Model
- Making and Selling Liquor: The company earns money by producing and selling alcoholic drinks like whiskey, brandy, rum, and vodka. Most of its sales come from brandy, especially in South India, where brandy is very popular.
- Making Liquor for Other Companies: It also manufactures alcohol for other brands under contract, which helps earn extra income.
- Different Price Ranges: It sells both expensive and budget-friendly liquor, so more people can buy its products.
Tilaknagar Industries Fundamental Analysis
Stock Name | Tilaknagar Industries Ltd. |
---|---|
NSE Symbol | TI |
Market Cap | ₹ 6671 Cr. |
52W High | ₹ 457 |
52W Low | ₹ 200 |
Stock P/E | 29.0 |
Book Value | ₹ 45.6 |
Dividend Yield | 0.16 % |
ROCE | 28.4 % |
ROE | 29.9% |
Face Value | ₹ 10.0 |
Industry PE | 26.6 |
Price to book value | 7.64 |
Debt to equity | 0.05 |
PEG Ratio | 1.10 |
Quick ratio | 2.19 |

Shareholders | March 2023 | March 2024 | March 2025 |
---|---|---|---|
Promoters | 41.15% | 40.19% | 40.00% |
FIIs | 10.90% | 11.39% | 15.32% |
DIIs | 0.01% | 0.11% | 1.26% |
Public | 47.95% | 48.32% | 43.42% |
No. of Shareholders | 34,007 | 92,440 | 1,22,338 |
Key Factors Driving Tilaknagar Industries Future Growth
- Popular Brands: Tilaknagar Industries has well-known liquor brands that many people like.
- Expanding to More Places: Tilaknagar Industries is selling its products in more states and cities.
- More People Choosing Premium Liquor: People are now buying better-quality liquor, and Tilaknagar Industries is making more of it.
- Better Money Management: Tilaknagar Industries is reducing its debt and making more profit.
- Partnerships with Other Companies: Tilaknagar Industries is working with other businesses to sell more products.
- New Products and Flavors: Tilaknagar Industries is making different types of liquor to attract more customers.
- Liquor Industry is Growing: More people in India are buying liquor, which is good for Tilaknagar Industries.
- Customer Trust: People trust Tilaknagar Industries because it has been in business for a long time.
Pros of Investing in Tilaknagar Industries
- Good Profit Growth: Tilaknagar Industries’ profit has grown at 23.4% per year over the last five years.
- Strong Return on Investment: The company has a 26.5% return on equity (ROE) in the last three years, showing it uses money wisely.
- Less Debt: Tilaknagar Industries has reduced its debt, making its finances stronger.
- Popular Liquor Brands: The company sells over 15 brands of brandy, whisky, rum, gin, and vodka, attracting many customers.
- Higher Profit Margins: The company’s operating profit margin increased to 18% in December 2024, up from 16% in the previous quarter.
- Bigger Market Value: Tilaknagar Industries’ market value is ₹5,412 crore as of February 2025, showing it is a strong player in the industry.
- More Big Investors: Foreign investors increased their holding from 10.90% in March 2023 to 13.96% in December 2024, showing confidence in the company.
- Consistent Revenue Growth: Tilaknagar Industries sales have grown at a CAGR of 22% over the last three years.
- Consistent Profit Growth: Tilaknagar Industries profits have grown at a CAGR of 94% over the last three years.
- Debt Free Company: Tilaknagar Industries is almost a debt-free company with a debt-to-equity ratio of 0.05, which shows its financial stability.
- Increase in FIIs Holding: Foreign Institutional Investors (FIIs) have increased their holding to 15.32% in March 2025 from 13.96% in December 2024, which indicates growing confidence in the Tilaknagar Industries future potential by the FIIs.
Cons of lnvesting in Tilaknagar Industries
- Stock is Overpriced: The real value of the stock is estimated to be around ₹179, but it is currently trading at ₹408. This means it may be overvalued, and there is a risk of a price drop.
- Profit Margins Are Shrinking: The company’s profit margin has dropped from 9.90% to 6.00% in the last year. This means they are making less profit from their sales.
- Stock is Expensive Compared to Peers: The company has a high Price-to-Earnings (P/E) ratio of 26.53. This means investors are paying more for every rupee of earnings compared to similar companies.
- Share Price is Falling: Recently, the stock price dropped by 5.12% to ₹278. This shows that investors might be losing confidence.
- Low Dividend Yield: The company gives a very small dividend (only 0.19%). This means investors won’t earn much passive income from holding the stock.
- Earnings Growth is Slow: Even though Earnings Per Share (EPS) grew by 17.75%, the company’s net profit only grew by 7.93%. This suggests that the company may not be using its money efficiently.
- Stock is Highly Volatile: The price has gone up and down a lot, ranging from ₹182 to ₹457 in the past year. This makes it a risky investment.
- Limited Growth Potential: Experts predict the stock’s price target for the next year is ₹403, which is lower than the current market price. This means there may not be much room for profit.
- Overvaluation Concern: Tilaknagar Industries stock is trading at a PE ratio of 29.0 and a (P/B) ratio of 7.64, which shows that its stock is significantly overvalued compared to its earnings and assets.
- Decrease in DIIs Holding: Domestic Institutional Investors (DIIs) have reduced their holding to 1.26% in March 2025 from 1.35% in December 2024, indicating a decline in DIIs confidence in the company’s future growth prospects.
Conclusion
Tilaknagar Industries is an Indian company that makes and sells alcoholic drinks like whisky, brandy, and rum. Over the years, it has grown by offering good-quality products and reaching more customers. Even though it faces challenges like competition and government rules, it has managed to stay strong in the market. The company is working hard to improve its business and continue growing in the liquor industry. For the latest updates, you can visit Tilaknagar Industries official website.
FAQ’s
What is Tilaknagar Industries Ltd.?
Tilaknagar Industries Ltd. is an Indian alcoholic beverage company that produces and sells liquor, including whisky, brandy, rum, vodka, and gin. It is best known for its Mansion House Brandy.
How much return has Tilaknagar Industries given in the last five years?
In the last five years, Tilaknagar Industries has delivered a massive return of around 1200% to its investors.
Is Tilaknagar Industries a debt-free company?
No, but the company has been actively reducing its debt, improving its financial stability.
Based on past performance, market trends, and the company’s growth potential, the share price target for Tilaknagar Industries in 2025 is estimated to be between ₹390 and ₹450. The company’s focus on premium liquor, expansion into new markets, and increasing profitability are expected to drive the stock’s growth in the near term.
By 2030, Tilaknagar Industries is projected to achieve a share price target ranging from ₹975 to ₹1,700. This growth will likely be supported by factors such as rising consumer demand for branded liquor, improved financial stability due to debt reduction, and an expanding product portfolio.
The share price target for Tilaknagar Industries in 2035 is expected to be between ₹1,950 and ₹5,100.
By 2040, Tilaknagar Industries’ stock is anticipated to reach a target range of ₹4,000 to ₹15,000. The company’s long-term expansion strategy, potential entry into international markets, and continuous innovation in its product line could play a crucial role in achieving this valuation.
Tilaknagar Industries Share Price Target for 2050 is expected to be in the range of ₹15,000 to ₹85,000.
Disclaimer
This article is for educational purposes only. It is not a stock recommendation and should not be treated as such. Please ask your financial advisor before making any investment decision.
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