Associated Alcohols & Breweries Ltd

About

Associated Alcohols & Breweries Limited engages in liquor manufacturing, distillation, and bottling activities in India and internationally. It operates through two segments, Potable Alcohols and Ethanol. The company offers extra neutral alcohol, grain-based ethanol, and malt spirit manufacturing, as well as Indian Made Indian Liquor and Indian Made Foreign Liquor. It also provides beers, spirits, wine, whisky, vodka, rum, gin, tequila, brandy, and other products. The company's brands include Central Province Superior Grain Whisky, Nicobar Gin, Titanium Vodka Orange, Titanium Vodka Apple, Titanium Vodka Pure, Hillfort Premium Whisky, Central Province Vodka Orange, Central Province Vodka Apple, Central Province Vodka Ultra Plan, Central Province Whisky, Central Province Rum, James Mc Gill Whisky, James Mc Gill Brandy, Lemount Golden Brandy, Lemount White Brandy, Lemount Black Rum, Mood Maker Brandy, Jamaican Magic Rum, Bombay Special Whisky, Superman Fine Whisky, Desi Madira Masala, and Titanium Triple Distilled Vodka; various international brands such as Vat69, Black & White Scotch Whiskey, Black Dog, Captain Morgan, and Smirnoff; and licensed brands, including Bagpiper Whisky, and MC Dowell No. 1 Celebration Rum. It serves household and commercial customers. Associated Alcohols & Breweries Limited was incorporated in 1989 and is headquartered in Indore, India.

Key Metrics

as of Sep 2026

Market Cap1,418 Cr

P/E17.20

Div Yield0.28 %

Book Value₹346.00

52w High₹1,277.00

52w Low₹661.00

Face Value₹10.00

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Jun 2015	Mar 2015	Dec 2014	Sep 2014
Sales	281.00	238.00	260.00	254.00	267.00	242.00	327.00	255.00	252.00	73.00	75.00	77.00	67.00
Expenses	251.00	198.00	219.00	230.00	230.00	207.00	287.00	230.00	224.00	63.00	69.00	70.00	57.00
Operating Profit	30.00	40.00	42.00	24.00	37.00	35.00	40.00	25.00	28.00	10.00	6.00	7.00	10.00
OPM %	11.00	17.00	16.00	9.00	14.00	15.00	12.00	10.00	11.00	13.00	8.00	9.00	15.00
Other Income	3.00	1.00	2.00	1.00	2.00	1.00	1.00	1.00	1.00	0.00	2.00	0.00	0.00
Depreciation	7.00	7.00	7.00	6.00	6.00	5.00	4.00	4.00	4.00	2.00	4.00	2.00	2.00
Interest	2.00	3.00	1.00	1.00	2.00	1.00	1.00	1.00	2.00	2.00	1.00	2.00	2.00
Profit before tax	24.00	32.00	36.00	18.00	32.00	30.00	35.00	21.00	24.00	6.00	3.00	4.00	6.00
Tax %	26.00	28.00	23.00	24.00	26.00	25.00	26.00	27.00	26.00	59.00	9.00	25.00	60.00
Net Profit	18.00	24.00	27.00	14.00	24.00	22.00	26.00	15.00	18.00	2.00	3.00	3.00	2.00
EPS in Rs	8.88	11.70	14.38	7.38	13.08	12.35	14.43	8.47	9.78	1.31	1.74	1.50	1.37

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2015	Mar 2014	Mar 2013	Mar 2007	Mar 2006
Sales	1,020.00	1,075.00	298.00	213.00	157.00	64.00	92.00
Expenses	877.00	947.00	268.00	195.00	145.00	60.00	89.00
Operating Profit	143.00	128.00	31.00	18.00	12.00	3.00	3.00
OPM %	14.00	12.00	10.00	9.00	7.00	4.70	3.60
Other Income	6.00	5.00	4.00	5.00	3.00	4.00	3.00
Interest	6.00	6.00	7.00	7.00	4.00	2.00	3.00
Depreciation	24.00	17.00	10.00	7.00	5.00	3.00	3.00
Profit before tax	118.00	110.00	18.00	10.00	6.00	2.00	1.00
Tax %	25.00	26.00	33.00	40.00	40.00	20.00	-184.00
Net Profit	88.00	81.00	12.00	6.00	3.00	1.00	3.00
EPS in Rs	44.05	45.04	6.82	3.23	1.83	—	—
Dividend Payout %	5.00	4.00	4.00	0.00	0.00	14.00	0.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2015	Mar 2014	Mar 2013	Mar 2007	Mar 2006
Equity Capital	20.00	18.00	9.00	9.00	9.00	7.00	7.00
Reserves	675.00	502.00	59.00	48.00	42.00	23.00	22.00
Borrowings	69.00	102.00	45.00	92.00	64.00	35.00	36.00
Other Liabilities	92.00	96.00	58.00	43.00	50.00	20.00	21.00
Total Liabilities	856.00	718.00	170.00	191.00	165.00	84.00	86.00
Fixed Assets	395.00	351.00	94.00	98.00	89.00	35.00	32.00
CWIP	19.00	32.00	2.00	0.00	8.00	2.00	3.00
Investments	108.00	64.00	3.00	4.00	4.00	0.00	2.00
Other Assets	333.00	271.00	71.00	89.00	65.00	47.00	49.00
Total Assets	856.00	718.00	170.00	191.00	165.00	84.00	86.00

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2015	Mar 2014	Mar 2013	Mar 2007	Mar 2006
Cash from Operating Activity	52.00	74.00	47.00	-13.00	18.00	3.00	-2.00
Cash from Investing Activity	-88.00	-83.00	-6.00	-9.00	-37.00	-2.00	-2.00
Cash from Financing Activity	46.00	1.00	-47.00	28.00	22.00	-2.00	6.00
Net Cash Flow	10.00	-8.00	-5.00	5.00	2.00	-1.00	2.00
Free Cash Flow	0.00	-12.00	42.00	-22.00	-18.00	0.00	-5.00
CFO/OP %	52.00	76.00	160.00	-65.00	156.00	107.00	-56.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2015	Mar 2014	Mar 2013	Mar 2007	Mar 2006
Debtor Days	15.00	13.00	10.00	13.00	20.00	93.00	98.00
Inventory Days	125.00	98.00	63.00	72.00	83.00	118.00	97.00
Days Payable	30.00	32.00	53.00	42.00	85.00	86.00	78.00
Cash Conversion Cycle	110.00	80.00	20.00	43.00	19.00	125.00	118.00
Working Capital Days	61.00	29.00	-11.00	16.00	-28.00	177.00	123.00
ROCE %	18.00	—	17.00	13.00	—	5.00	—

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	62.35	62.35	61.22	61.22	59.29	59.29	59.29	59.29	59.29	59.29	59.29	58.67
FIIs	0.68	0.33	0.32	0.48	0.63	1.06	1.20	0.91	1.11	1.20	0.58	0.48
DIIs	1.26	0.94	0.00	0.03	0.03	0.00	0.00	0.00	0.00	0.00	0.10	0.00
Public	35.71	36.37	38.46	38.26	40.05	39.65	39.51	39.79	39.60	39.51	40.04	40.85
No. of Shareholders	40,991	42,643	44,160	39,288	38,316	36,020	32,914	33,455	34,194	35,943	38,227	40,067

Corporate Actions

18 records

Action	Ex Date	Record Date	Ratio	Amount (₹)	Notes
Dividend	25 Jul 2025	25 Jul 2025	—	2.00
Dividend	26 Jul 2024	—	—	2.00
Dividend	26 Jul 2023	—	—	1.00
Dividend	28 Jul 2022	—	—	1.00
Dividend	12 Aug 2021	—	—	1.00
Dividend	27 Aug 2020	—	—	1.00
Dividend	05 Sep 2019	—	—	1.00
Dividend	14 Aug 2018	—	—	1.00
Dividend	27 Jul 2017	—	—	1.00
Dividend	02 Sep 2016	—	—	0.50
Bonus	10 Mar 2016	11 Mar 2016	1:1	—
Dividend	23 Sep 2015	—	—	0.50
Other	23 Sep 2010	—	—	—	General
Other	23 Sep 2009	—	—	—	General
Dividend	16 Sep 2008	—	—	0.30
Other	20 Sep 2007	—	—	—	General
Other	21 Dec 2006	—	—	—	General
Other	15 Sep 2004	—	—	—	General

Announcements

5 filings

Announcement under Regulation 30 (LODR)-Newspaper Publication
21 Aug 2026 21 Aug - Submission of Newspapers publication regarding Post Dispatch of Notice of 37th AGM and Annual Report
Submission Of Letter Containing Weblink Of 37Th Annual Report 2025-26
20 Aug 2026 20 Aug - Company shared web-link for FY2025-26 annual report and 37th AGM notice.
Intimation Of Record Date 19 Aug
19 Aug 2026
Reg. 34 (1) Annual Report.
19 Aug 2026 19 Aug - Submitted 37th Annual Report FY2025-26; AGM on 16 September 2026 via VC/OAVM.
Submission Of Letter Containing Weblink Of 37Th Annual Report 2025-26
19 Aug 2026 19 Aug - Sent web-link of FY2025-26 Annual Report and AGM notice to shareholders.