ALFA Finder| Management target | Revenue FY27 |
|---|
| Revenue growth | Severe drop following ₹250 crore revenue loss from MP plant closure. |
|---|---|
| Margins | Margins impacted by excise shifts to Karnataka and Odisha. |
| Demand visibility | Strong rebound in Karnataka and Odisha; MP demand currently unmet. |
| Management confidence | Vulnerable and defensive regarding legal issues but optimistic on UP ramp-up. |
Growth
Karnataka saw 30% volume growth and Odisha 40%; however, consolidated Q1 revenue was just ₹268.8 crores.
Outlook
Management significantly lowered FY27 revenue guidance from ₹1,500 crores to ₹1,000 crores due to regulatory delays.
Risks
Prolonged Bhopal plant closure and legal battles over licenses create massive cash flow uncertainty.
Last quarter's promises, checked
Delivered
- UP plant trial phase → Commercial production June 2026 (= BEAT)
- Gross debt-to-equity ratio → Maintained at 0.30x (= BEAT)
- Hassan/Odisha utilization → Improved Q1 performance (= BEAT)
Partly delivered
- EBITDA margin ~10% → Impacted by negative operating leverage (= PARTIAL)
Missed
- Bhopal license resolution → Remained suspended/sub-judice (= MISS)
- FY27 Revenue ₹1,400-1,500cr → Lowered to ₹1,000cr (= MISS)
- Q1 Revenue stability → ₹250cr loss from MP closure (= MISS)
Earnings Call Transcript filed with NSE, NSE: SDBL. Summary written with AI assistance from the document.
Som Distilleries & Breweries Ltd: key numbers
- Share price
- ₹75.06
- Market cap
- ₹1,561 Cr
- Revenue (annual)
- ₹1,229 Cr
- Net profit (annual)
- ₹9.38 Cr
- P/E (TTM)
- -49.8×Sector 29.0×
- Promoter holding
- 39.44%+0.00% QoQ
- FII holding
- 0.11%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Som Distilleries & Breweries Ltd
All →Som Distilleries & Breweries Board Meeting Date
Som Distilleries & Breweries Ltd has scheduled a board meeting for November 13, 2026. The board will consider and approve unaudited financial results for the quarter.
Som Distilleries & Breweries Bags New Order from Carlsberg India
Som Distilleries renewed its contract manufacturing agreement with Carlsberg India for three years at its Odisha facility. The consideration is not ascertainable as it depends on actual production volumes.
- From
- Carlsberg India
- Execution
- Three years, renewable further by mutual agreement
Som Distilleries & Breweries Production Started
Som Distilleries & Breweries has successfully commenced manufacturing operations at its Bhopal Plant. This follows the resolution of regulatory issues that had previously impacted the plant's production.
Som Distilleries & Breweries Regulatory Approval
Som Distilleries received manufacturing licences for its Bhopal plant from the Madhya Pradesh Excise Department, plus product label and rate approvals. Manufacturing and sales are expected to resume soon.
Som Distilleries & Breweries Legal & Regulatory
The Supreme Court reaffirmed the High Court order renewing Som Distilleries' manufacturing licenses, enabling the company to resume Bhopal plant operations and generate Madhya Pradesh sales.
Som Distilleries & Breweries Other Announcement
Som Distilleries & Breweries Ltd has submitted its quarterly shareholding pattern for the period ended September 30, 2026, as per regulatory requirements.