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ABDL Diversified 20 Jan 2026

Allied Blenders and Distillers Limited — Q3 FY26

DB Corp's Q3 FY26 results were impacted by a high base from last year's festive season and state elections, with advertising revenue declining 7.8% YoY to ₹4,395 million.

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Revenue ₹1,003 Cr
EBITDA
PAT ₹64 Cr
EBITDA Margin
Duration 34 min
Read Time 1 min read

✓ Verified against BSE filing

Risk Intelligence

Material risks this quarter

Concise cards keep the risk register scannable while preserving evidence-level context in the underlying quarter data.

Risks

R

Radio business structural decline

Radio advertising revenue declined sharply due to high base and lack of news content; management expressed concern about industry growth without regulatory changes.

high · management_commentary
R

Real estate advertising slowdown

Real estate category has slowed post-Diwali due to price hikes; developers are holding back, impacting a key ad vertical.

medium · management_commentary
R

Newsprint price volatility

Geopolitical tensions and forex fluctuations could push newsprint prices up by a couple of percentage points, impacting margins.

medium · analyst_question