Dashboard
1
With a fall in Net Sales of -23.09%, the company declared Very Negative results in Mar 26
- The company has declared negative results in Mar 26 after 3 consecutive negative quarters
- PRE-TAX PROFIT(Q) At MXN 510.41 MM has Fallen at -67.61%
- INTEREST COVERAGE RATIO(Q) Lowest at 1,317.62
- RAW MATERIAL COST(Y) Grown by 8.79% (YoY)
2
With ROE of 12.58%, it has a fair valuation with a 0.96 Price to Book Value
3
Consistent Underperformance against the benchmark over the last 3 years
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-8.88%
0%
-8.88%
6 Months
-30.26%
0%
-30.26%
1 Year
-38.42%
0%
-38.42%
2 Years
-60.16%
0%
-60.16%
3 Years
-65.2%
0%
-65.2%
4 Years
-66.97%
0%
-66.97%
5 Years
-73.03%
0%
-73.03%
Becle, S.A.B. de C.V. for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
5.27%
EBIT Growth (5y)
21.01%
EBIT to Interest (avg)
18.91
Debt to EBITDA (avg)
0.62
Net Debt to Equity (avg)
0.24
Sales to Capital Employed (avg)
0.49
Tax Ratio
23.50%
Dividend Payout Ratio
22.62%
Pledged Shares
0
Institutional Holding
0.00%
ROCE (avg)
23.98%
ROE (avg)
8.41%
Valuation key factors
Factor
Value
P/E Ratio
8
Industry P/E
Price to Book Value
0.96
EV to EBIT
3.82
EV to EBITDA
3.60
EV to Capital Employed
0.96
EV to Sales
1.70
PEG Ratio
0.07
Dividend Yield
NA
ROCE (Latest)
25.13%
ROE (Latest)
12.58%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
Mildly Bullish
No Trend
OBV
No Trend
No Trend
Shareholding Snapshot : Dec 2024
Shareholding Compare (%holding) 
Majority shareholders
Foreign Institutions
Domestic Funds
Held in 0 Schemes (0%)
Foreign Institutions
Held by 1 Foreign Institutions (0.0%)
Strategic Entities with highest holding
Highest Public shareholder
Quarterly Results Snapshot (Consolidated) - Mar'26 - YoY
Mar'26
Mar'25
Change(%)
Net Sales
7,404.70
9,627.50
-23.09%
Operating Profit (PBDIT) excl Other Income
2,962.00
4,629.40
-36.02%
Interest
224.80
318.60
-29.44%
Exceptional Items
0.00
0.00
Consolidate Net Profit
390.30
1,166.30
-66.54%
Operating Profit Margin (Excl OI)
353.20%
446.80%
-9.36%
USD in Million.
Net Sales
YoY Growth in quarter ended Mar 2026 is -23.09% vs 7.45% in Mar 2025
Consolidated Net Profit
YoY Growth in quarter ended Mar 2026 is -66.54% vs 15.51% in Mar 2025
Annual Results Snapshot (Consolidated) - Dec'25
Dec'25
Dec'24
Change(%)
Net Sales
43,087.40
43,961.50
-1.99%
Operating Profit (PBDIT) excl Other Income
9,728.40
8,653.20
12.43%
Interest
1,141.60
1,351.50
-15.53%
Exceptional Items
-325.20
-2.40
-13,450.00%
Consolidate Net Profit
8,654.00
3,962.40
118.40%
Operating Profit Margin (Excl OI)
194.50%
176.80%
1.77%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2025 is -1.99% vs -0.89% in Dec 2024
Consolidated Net Profit
YoY Growth in year ended Dec 2025 is 118.40% vs -16.29% in Dec 2024
About Becle, S.A.B. de C.V. 
Becle, S.A.B. de C.V.
Beverages
Becle SAB de CV is a Mexico-based company engaged in the beverages industry. The Company focuses on the production, bottling, trade and distribution of alcoholic and non-alcoholic beverages. Its offer includes various types of tequila distributed under own Jose Cuervo brand name, non-alcoholic drinks, ready-to-drink beverages, as well as other distilled alcohols distributed under third-party brand names, including Three Olives, Hangar 1, Stranahan's, Bushmills and Boodles. Its distribution chain comprises operations in the United States, Mexico and other countries. In addition, the Company is involved in the farming and processing of blue agave. The Company owns a number of subsidiaries, such as Tequila Cuervo la Rojena SA de CV, Casa Cuervo SA de CV and Azul Agricultra y Servicios SA de CV.






