Associated Alcohols & Breweries Ltd.

Fast Moving Consumer Goods · Beverages

NSE: ASALCBR BSE: 507526

₹615.45

Sept. 30, 2026 · NSE · nse_bhavcopy

Peers in Beverages

The largest companies in the same industry by market cap. This company ranks #12 of 32. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

Company	Market cap (₹ Cr)	PE (TTM)	ROE	1Y return	Div. yield	Quality	Valuation	Momentum
Varun Beverages Limited	146,115	49.5	13.2%	-2.5%	—	87	3	68
United Spirits Limited	98,483	50.2	20.5%	0.5%	1.26%	80	24	28
Radico Khaitan Limited	58,474	84.1	16.8%	49.8%	0.21%	73	31	31
United Breweries Limited	30,621	77.3	9.1%	-35.6%	0.86%	55	0	10
Allied Blenders and Distillers Limited	20,108	73.0	13.1%	35.6%	0.75%	49	0	91
Tilaknagar Industries Limited	13,380	67.7	0.7%	19.5%	—	35	30	49
Piccadily Agro Industries Limited	5,839	40.5	12.9%	-12.3%	0.17%	64	26	63
Globus Spirits Limited	2,287	21.9	6.4%	-26.1%	0.83%	42	65	9
Associated Alcohols & Breweries Ltd. (this stock)	1,236	14.2	12.7%	-35.3%	—	69	84	8

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value

₹1,291 Cr

EV / EBITDA

9.0x

EV / Sales

1.23x

Market cap / Sales

1.18x

Earnings yield

7.04%

Quarterly Financials

Download CSV

Standalone Consolidated

↑ Positive

Quarterly Revenue

Jun 2026 quarterly revenue is Rs 289 Cr, up 6.4% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
June 30, 2026	286	24	18	₹8.9300
March 31, 2026	242	32	24	₹12.3400
Dec. 31, 2025	265	36	27	₹14.3800
Sept. 30, 2025	257	18	14	₹7.6900
June 30, 2025	270	32	24	₹13.0900
March 31, 2025	248	30	22	₹12.3500
Dec. 31, 2024	334	35	26	₹14.4300
Sept. 30, 2024	258	21	15	₹8.5100
June 30, 2024	256	24	18	₹9.8000
March 31, 2024	244	16	12	₹6.7800
Dec. 31, 2023	193	18	13	₹6.9500
Sept. 30, 2023	171	18	13	₹7.4400
June 30, 2023	156	17	12	₹6.8300

Quarterly income statement (standalone, ₹ Cr)

Indicator	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23
Total income (before exceptional items)	289	243	266	258	272	249	335	260	257	248	194	174	159
Operating revenue	286	242	265	257	270	248	334	258	256	244	193	171	156
Other income	3	1	2	1	2	1	1	1	1	3	2	2	2
Operating expenses	256	201	223	233	233	213	295	233	227	226	172	152	138
Operating profit	30	40	42	24	37	35	40	25	28	18	20	19	18
Operating profit margin	10.5%	16.7%	15.7%	9.3%	13.7%	14.3%	11.8%	9.7%	11.0%	7.6%	10.6%	11.4%	11.8%
Depreciation	7	7	7	6	6	5	4	4	4	4	3	3	3
Interest	2	3	1	1	2	1	1	1	2	2	1	0	1
Exceptional items, gain / (loss)	—	—	—	—	—	—	—	—	—	—	—	—	—
Profit before tax	24	32	36	18	32	30	35	21	24	16	18	18	17
Tax	6	9	8	4	8	7	9	6	6	4	5	5	4
Net profit	18	—	27	—	—	22	26	15	18	12	13	13	12
EPS	8.93	12.34	14.38	7.69	13.09	12.35	14.43	8.51	9.80	6.78	6.95	7.44	6.83
Net profit (TTM)	—	—	—	—	—	81	71	58	56	51	48	46	40
EPS (TTM)	43.34	47.50	47.51	47.56	48.38	45.09	39.52	32.04	30.97	28.00	26.64	25.67	22.40

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year ended	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)
March 31, 2026	1,033	118	88
March 31, 2025	1,097	110	81
March 31, 2024	765	68	51
March 31, 2023	703	55	42

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

Indicator	CAGR 3Y	CAGR 5Y	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Total income (before exceptional items)	13.5%	17.8%	1,039^†	1,101^†	774^†	712^†	528^†	458^†	538^†	416^†	328^†	298^†
Operating revenue	13.7%	17.9%	1,033	1,097	765	703	514^†	453^†	535^†	412^†	325^†	296^†
Other income	—	—	6^†	5^†	10^†	9^†	14^†	5^†	3^†	4^†	3^†	3^†
Operating expenses	—	—	890^†	968^†	688^†	640^†	432^†	364^†	458^†	354^†	274^†	252^†
Operating profit	31.8%	9.8%	143^†	128^†	77^†	62^†	82^†	89^†	77^†	58^†	51^†	43^†
Operating profit margin	—	—	13.8%^†	11.7%^†	10.0%^†	8.9%^†	16.0%^†	19.7%^†	14.3%^†	14.0%^†	15.8%^†	14.7%^†
Depreciation	—	—	24^†	17^†	14^†	14^†	14^†	14^†	14^†	12^†	11^†	11^†
Interest	—	—	6^†	6^†	4^†	1^†	1^†	1^†	2^†	2^†	4^†	4^†
Exceptional items, gain / (loss)	—	—	0^†	0^†	0^†	0^†	0^†	0^†	0^†	0^†	0^†	0^†
Profit before tax	28.7%	8.6%	118	110	68	55	81^†	78^†	64^†	47^†	39^†	28^†
Tax	—	—	30^†	28^†	18^†	14^†	20^†	21^†	14^†	17^†	14^†	10^†
Net profit	28.6%	8.8%	88	81	51	42	61^†	58^†	49^†	30^†	25^†	17^†
EPS	27.4%	8.2%	47.50^†	45.09^†	28.00^†	22.99^†	33.63^†	32.05^†	27.29^†	—	—	—

^† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

Ratio	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Operating margin	13.8%^†	11.7%^†	10.0%^†	8.9%^†	16.0%^†	19.7%^†	14.3%^†	14.0%^†	15.8%^†	14.7%^†
EBIT margin	12.1%^†	10.5%^†	9.4%^†	8.1%^†	16.0%^†	17.6%^†	12.3%^†	12.0%^†	13.3%^†	10.8%^†
PBT margin	11.4%	10.0%	8.9%	7.9%	15.8%^†	17.3%^†	11.9%^†	11.5%^†	12.1%^†	9.4%^†
Net margin	8.6%	7.4%	6.6%	5.9%	11.8%^†	12.8%^†	9.2%^†	7.4%^†	7.7%^†	5.9%^†
Interest coverage	20.01x^†	20.25x^†	19.59x^†	40.09x^†	88.10x^†	54.42x^†	31.61x^†	22.20x^†	11.30x^†	7.86x^†
Dividend payout	4.2%^†	4.4%^†	3.6%^†	4.3%^†	3.0%^†	3.1%^†	0.0%^†	—	—	—
Earnings retention	95.8%^†	95.6%^†	96.4%^†	95.7%^†	97.0%^†	96.9%^†	100.0%^†	—	—	—
Current ratio	2.58x	1.68x	—	—	—	—	—	—	—	—
Quick ratio	1.33x	0.76x	—	—	—	—	—	—	—	—
Debt to equity	0.10x	0.19x	—	—	—	—	—	—	—	—
Return on equity	12.7%	15.7%	—	—	—	—	—	—	—	—
Return on assets	10.3%	11.4%	—	—	—	—	—	—	—	—
Return on capital employed	17.1%^†	20.3%^†	—	—	—	—	—	—	—	—
Asset turnover	1.21x	1.53x	—	—	—	—	—	—	—	—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year ended	Operating (₹ Cr)	Investing (₹ Cr)	Financing (₹ Cr)	Capex (₹ Cr)	Free Cash Flow (₹ Cr)
March 31, 2026	52	-88	46	57	-5
March 31, 2025	74	-83	1	86	-12
March 31, 2024	28	-32	13	104	-76
March 31, 2023	7	-94	86	93	-86
March 31, 2022	79	-70	-9	40	39

Balance Sheet (standalone)

Year ended	Total Assets (₹ Cr)	Total Equity (₹ Cr)	Reserves (₹ Cr)	Borrowings, Current (₹ Cr)	Borrowings, Non-current (₹ Cr)	Current Assets (₹ Cr)	Current Liabilities (₹ Cr)	Cash & Equivalents (₹ Cr)	Net Block (₹ Cr)	Inventory (₹ Cr)
March 31, 2026	856	695	675	56	10	325	126	11	392	157
March 31, 2025	718	520	502	68	30	252	150	1	347	137
March 31, 2024	—	—	—	—	—	—	—	—	—	—
March 31, 2023	—	—	—	—	—	—	—	—	—	—
March 31, 2022	—	—	—	—	—	—	—	—	—	—

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.