TILAKNAGAR INDUSTRIES – Q2 FY27 CONCALL
• Maintains FY27 volume growth guidance of high single-digit to low double-digit.
• Targets EBITDA margin of 16–18% by FY29.
• Aims to bring Net Debt/EBITDA below 1x by FY29.
• Imperial Blue expansion and premiumization to drive future growth.
November 1, 2026 591
