Piccadily Agro Industries Ltd is an emerging player in India’s alcoholic beverages and agro-based products segment. The company is primarily engaged in manufacturing and marketing malt spirits, whisky, ethanol, and other related products. In recent years, premiumization in the alcoholic beverages industry and growing ethanol blending initiatives have created strong growth opportunities for companies like Piccadily Agro.
In this article, we analyze the Piccadily Agro Industries Ltd Share Price Target from 2026 to 2030 based on current market data, business fundamentals, and long-term sector trends.
| Detail | Value |
|---|---|
| Open | ₹612.20 |
| Previous Close | ₹606.30 |
| Day’s High | ₹612.20 |
| Day’s Low | ₹587.40 |
| VWAP | ₹594.98 |
| 52-Week High | ₹805.50 |
| 52-Week Low | ₹533.15 |
| All-Time High | ₹805.50 |
| All-Time Low | ₹533.15 |
| Market Capitalization | ₹5,826 Cr |
| Volume | 80,779 |
| Value (Lacs) | 477.48 |
| 20D Avg Volume | 1,45,638 |
| 20D Avg Delivery (%) | 40.34% |
| Face Value | ₹10 |
| Book Value Per Share | ₹81.65 |
| Beta | 1.28 |
| UC Limit | ₹727.55 |
| LC Limit | ₹485.05 |
The stock has shown strong momentum in recent years and remains volatile due to its mid-cap nature and sector dynamics.
The company operates in:
Malt spirit and whisky production
Premium liquor brands
Ethanol manufacturing
Agro-based distillery operations
It benefits from increasing premium liquor demand and government-supported ethanol blending programs aimed at reducing fuel imports.
India’s rising disposable income supports demand for premium alcoholic beverages.
Government ethanol blending targets provide long-term revenue visibility.
Promoters hold 68.62%, reflecting strong ownership control.
Smaller base allows faster percentage growth compared to large peers.
Focus on brand building enhances long-term scalability.
| Investor Type | Holding (%) |
|---|---|
| Promoters | 68.62% |
| Retail & Others | 29.49% |
| Foreign Institutions | 1.15% |
| Other Domestic Institutions | 0.73% |
High promoter holding indicates strong management commitment, though institutional participation remains limited.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2026 | 750 | 850 |
| 2027 | 900 | 1,050 |
| 2028 | 1,100 | 1,300 |
| 2029 | 1,400 | 1,650 |
| 2030 | 1,800 | 2,200 |
These projections factor in ethanol blending growth, premium liquor demand expansion, and margin improvement.
By 2026, steady growth in premium spirits and ethanol production may support revenue expansion.
Growth Drivers:
Rising demand for branded liquor
Government ethanol blending targets
Improved capacity utilization
Investment View: Suitable for medium-term high-growth investors.
2027 may reflect higher margins from premiumization and stronger brand recognition.
Growth Drivers:
Expansion in domestic distribution network
Improved operating leverage
Higher return ratios
Investment View: Attractive for growth-focused portfolios.
By 2028, scale advantages and brand loyalty may drive stronger profitability.
Growth Drivers:
Premium product portfolio expansion
Export market growth
Stable ethanol demand
Investment View: Strong compounding potential with moderate-to-high risk.
With increasing market share in premium segments, valuation multiples may expand.
Growth Drivers:
Higher brand equity
Revenue diversification
Improved financial metrics
Investment View: Suitable for long-term wealth creation.
By 2030, the company could emerge as a recognized premium liquor brand with stable ethanol revenue streams.
Growth Drivers:
Strong consumer spending growth
Enhanced production capacity
Consistent earnings growth
Investment View: Ideal for investors aligned with India’s consumption and ethanol growth theme.
Regulatory changes in alcohol policies
State-level taxation risks
Raw material price volatility
High stock volatility (Beta 1.28)
Limited institutional participation
Piccadily Agro offers exposure to two high-growth themes — premium alcoholic beverages and ethanol blending. Its strong promoter backing (68.62%) supports long-term strategic execution, though volatility remains high due to mid-cap nature.
Reasons to Consider:
Premium liquor demand growth
Ethanol blending opportunity
Strong promoter control
High growth potential
Investors should monitor quarterly revenue growth, capacity expansion plans, and regulatory developments before making investment decisions.
Piccadily Agro Industries Ltd stands at the intersection of premium consumption growth and renewable energy initiatives through ethanol production. While the stock is volatile, strong growth drivers remain intact.
Based on current projections, the share price could reach ₹1,800 to ₹2,200 by 2030, supported by brand expansion, ethanol blending demand, and operational scalability.
For investors seeking high-growth mid-cap opportunities aligned with India’s rising consumption and renewable fuel transition, Piccadily Agro Industries Ltd presents a compelling — though high-risk — long-term opportunity.
1. What is the current share price of Piccadily Agro Industries Ltd?
It is currently trading around ₹590–₹610 based on recent market data.
2. What is the 2026 share price target?
The projected range for 2026 is ₹750 to ₹850.
3. Is Piccadily Agro a good long-term investment?
It may suit investors with high risk tolerance seeking growth in liquor and ethanol sectors.
4. What is the 2030 share price target?
The projected range for 2030 is ₹1,800 to ₹2,200.
5. What influences the share price the most?
Alcohol regulations, ethanol blending policies, brand growth, raw material costs, and market sentiment.
Disclaimer: This article is for educational purposes only and should not be considered financial advice. Please consult a certified financial advisor before making investment decisions.
