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Earnings Call

Associated Alcohols & Breweries Earnings Call: Key Takeaways

Associated Alcohols reported a transition to proprietary IMFL brands, achieving highest ever 22% segment EBITDA margins despite flattish overall revenue.

Why this was an Alfa AlertNot a filter event. Results and guidance for FY27 (10-15% growth) are within standard growth ranges.
Highlights
Revenue growthOverall flattish; proprietary IMFL revenue grew 38% to ₹50cr.
MarginsIMFL margin at 22%; overall FY27 EBITDA guided at ~15%.
Demand visibilityPositive traction in premium whiskey and vodka; entering AP and Karnataka.
Management confidenceHigh on proprietary IMFL scaling and Kerala market share gains.

Growth

Q4 FY26 net revenue at ₹239cr; PAT ₹24cr (up 5% YoY). Own-brand IMFL volumes grew 37%.

Outlook

FY27 revenue guidance ~10% overall, 30% for IMFL. Acquisition of SDF Industries to boost Kerala presence.

Risks

Ethanol oversupply impacting allocations; rising packaging costs (PET, paper, aluminum) due to geopolitical issues.

Source

Earnings Call filed with BSE, NSE: ASALCBR. Summary written with AI assistance from the document.

Read the document ↗

Associated Alcohols & Breweries Ltd: key numbers

Share price
₹644.95
Market cap
₹1,224 Cr
Revenue (annual)
₹1,019 Cr
Net profit (annual)
₹88.45 Cr
P/E (TTM)
14.8×Sector 29.0×
Promoter holding
62.35%+0.00% QoQ
FII holding
0.68%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Annual General Meeting

Associated Alcohols & Breweries Annual General Meeting

Associated Alcohols & Breweries Limited held its 37th Annual General Meeting on September 16, 2026. The meeting covered routine business, including the adoption of financial statements.