37th Annual Report FY26: EBITDA up 12%, margins widen, revenue down 5%
ASALCBR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.5 pts more than Nifty Microcap 250 and 1.2 pts more than its Breweries & Distilleries peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Associated Alcohols & Breweries reported FY26 revenue of Rs 10,194 Mn, down 5% YoY. Despite the revenue dip, EBITDA rose 12% to Rs 1,429 Mn with margins expanding 200 bps to 14%, reflecting better product mix and cost discipline. PAT grew 9% to Rs 885 Mn. Key moves: commissioned a new malt plant, acquired SDF Industries in Kerala, and expanded into 13 states. Net debt to equity turned to a net cash position of -0.09x.
Profit and margin growth despite revenue dip show efficiency. New malt plant and Kerala acquisition support growth. Net cash strengthens balance sheet.