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Investor Presentation

Associated Alcohols & Breweries Investor Presentation: Key Takeaways

Q1FY27 revenue rose 5% YoY to ₹2,809 Mn, driven by a 58% surge in IMFL Proprietary brands. Overall margins contracted due to oversupply in the ethanol segment.

Guidance and delivery
Management target Revenue 30.0% 4-5 years
Highlights
Revenue growth5% overall; 58% for IMFL Proprietary.
MarginsEBITDA margin 11% vs 14% YoY; pressure from ethanol.
Demand visibilityStrong traction in CP Series and new markets like Odisha.
Management confidenceHigh in premiumization and brand scaling.

Growth

IMFL Proprietary revenue grew 58% YoY and volume 40% YoY; total revenue up 5%. Net profit fell 25% YoY to ₹178 Mn.

Outlook

Targeting 25-30% CAGR in IMFL Proprietary revenue over 4-5 years; SDF Industries unit operational by December 2026.

Risks

Ethanol segment faces topline and margin pressure due to persistent oversupply expected throughout FY27.

Last quarter's promises, checked

Delivered

  • Guided H1FY27 Tequila launch → Delivered Q2FY27 (= BEAT)
  • Guided 25-30% IMFL Proprietary growth → Delivered 58% (= BEAT)
  • Guided 15% FY27 EBITDA margin → Delivered 11% (= MISS)

Partly delivered

  • Guided Kultur RTD launch H1FY27 → Delivered June 2026 (= PARTIAL)

Missed

  • Guided 10% overall revenue growth → Delivered 5% (= MISS)
  • Guided 15% PAT margin → Delivered 6.3% (= MISS)
Source

Investor Presentation filed with BSE, NSE: ASALCBR. Summary written with AI assistance from the document.

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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.