Assoc.Alcohols

Who are the top shareholders of the Assoc.Alcohols?

The top shareholders of Assoc.Alcohols include promoter Anshuman Kedia with 10.88% ownership, 18 Foreign Institutional Investors holding 1.06%, and public shareholder Guttikonda Vara Lakshmi with 1.11%. Individual investors collectively own 30.58% of the shares.

The top shareholders of Assoc.Alcohols include the promoters, who hold a majority stake in the company. The promoter with the highest holding is Anshuman Kedia, who owns 10.88% of the shares. Additionally, there are 18 Foreign Institutional Investors (FIIs) holding a combined 1.06% of the shares. The highest public shareholder is Guttikonda Vara Lakshmi, with a holding of 1.11%. Individual investors collectively hold 30.58% of the shares.

What is the bonus history of the Assoc.Alcohols?

Assoc.Alcohols (Associated Alcohols & Breweries Ltd) issued a 1:1 bonus on March 10, 2016, meaning shareholders received one additional share for each share held as of the record date, March 11, 2016.

Assoc.Alcohols, officially known as Associated Alcohols & Breweries Ltd, has a bonus history that includes a notable 1:1 bonus issue. This was announced with an ex-date of March 10, 2016, and the record date was March 11, 2016. This means that shareholders received one additional share for every share they held as of the record date. If you have any more questions about the company or its financials, feel free to ask!

Has Assoc.Alcohols declared dividend?

Yes, Associated Alcohols & Breweries Ltd has declared a 20% dividend, amounting to ₹2 per share, with an ex-date of July 26, 2024. While dividend returns have been modest, the company has shown significant price growth over the years.

Associated Alcohols & Breweries Ltd has declared a 20% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 20%<BR>- Amount per share: 2<BR>- Ex-date: 26 Jul 24<BR><BR>Dividend Yield: 0.17%.<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -0.69%, the dividend return was 0%, resulting in a total return of -0.69%.<BR><BR>For the 1-year period, the price return was 97.01%, the dividend return was 0.32%, leading to a total return of 97.33%.<BR><BR>Over the 2-year period, the price return was 181.09%, with a dividend return of 0.74%, culminating in a total return of 181.83%.<BR><BR>In the 3-year period, the price return stood at 153.99%, the dividend return was 0.95%, resulting in a total return of 154.94%.<BR><BR>For the 4-year period, the price return was 150.25%, the dividend return was 1.03%, which gave a total return of 151.28%.<BR><BR>In the 5-year period, the price return was 394.3%, with a dividend return of 2.39%, leading to a total return of 396.69%.<BR><BR>Overall, Associated Alcohols & Breweries Ltd has declared a dividend, and while the dividend returns have been modest over the years, the price returns indicate significant growth, especially over the longer term.

Who are the peers of the Assoc.Alcohols?

Peers of Assoc.Alcohols include Varun Beverages, United Spirits, United Breweries, Radico Khaitan, Allied Blenders, G M Breweries, BCL Industries, Jagatjit Inds., IFB Agro Inds., and FratelliVineyard. Assoc.Alcohols has the highest 1-year return at 90.86%, while FratelliVineyard has the lowest at -45.12%.

Peers: The peers of Assoc.Alcohols are Varun Beverages, United Spirits, United Breweries, Radico Khaitan, Allied Blenders, G M Breweries, BCL Industries, Jagatjit Inds., IFB Agro Inds., and FratelliVineyard.<BR><BR>Quality Snapshot: Excellent management risk is observed at Varun Beverages, while Good management risk is found at United Spirits, Radico Khaitan, and Allied Blenders. Average management risk is present at United Breweries, Assoc.Alcohols, G M Breweries, and IFB Agro Inds., while Below Average management risk is noted at Jagatjit Inds. and FratelliVineyard. In terms of Growth, Excellent growth is seen at BCL Industries, while Good growth is noted at Allied Blenders. Below Average growth is found at United Spirits, United Breweries, Radico Khaitan, Assoc.Alcohols, G M Breweries, Jagatjit Inds., and IFB Agro Inds. Finally, Excellent capital structure is observed at Varun Beverages, Assoc.Alcohols, G M Breweries, and IFB Agro Inds., while Average capital structure is noted at Allied Blenders and BCL Industries, and Below Average capital structure is seen at Jagatjit Inds. and FratelliVineyard.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Assoc.Alcohols at 90.86%, while the peer with the lowest is FratelliVineyard at -45.12%. Assoc.Alcohols' 1-year return is significantly higher than all its peers. Additionally, G M Breweries, BCL Industries, Jagatjit Inds., and FratelliVineyard have negative six-month returns.

Is Assoc.Alcohols overvalued or undervalued?

As of April 4, 2025, Assoc.Alcohols is considered very attractive and undervalued with a PE Ratio of 25.99, significantly outperforming peers like Varun Beverages and United Spirits, and achieving a 1-year return of 74.59% compared to the Sensex's 7.62%.

As of 4 April 2025, the valuation grade for Assoc.Alcohols has moved from fair to very attractive, indicating a significant improvement in its perceived value. The company is currently assessed as undervalued based on its financial ratios. Key metrics include a PE Ratio of 25.99, an EV to EBITDA of 17.20, and a PEG Ratio of 0.50, which suggests that the stock is trading at a lower valuation relative to its growth prospects.<BR><BR>In comparison to its peers, Assoc.Alcohols stands out favorably against Varun Beverages, which has a PE Ratio of 57.96, and United Spirits, with a PE Ratio of 71.43, both categorized as very expensive. This positions Assoc.Alcohols as a more attractive investment opportunity within the beverages industry. Additionally, the company's recent stock performance has significantly outpaced the Sensex, with a 1-year return of 74.59% compared to the Sensex's 7.62%, further reinforcing its undervalued status.

Who are in the management team of Assoc.Alcohols?

As of March 2022, the management team of Assoc.Alcohols includes Nitn Tibrewal (Non-Executive & Independent Director), Sumit Jaitely (Company Secretary & Compliance Officer), Tushar Bhandari (Whole-time Director), Debashish Das (Independent Director), Apurva Pradeep Joshi (Independent Non-Executive Director), Prasann Kumar Kedia (Managing Director), and Anshuman Kedia (Whole-time Director).

As of March 2022, the management team of Assoc.Alcohols includes the following members:<BR><BR>1. Nitn Tibrewal - Non-Executive & Independent Director<BR>2. Sumit Jaitely - Company Secretary & Compliance Officer<BR>3. Tushar Bhandari - Whole-time Director<BR>4. Debashish Das - Independent Director<BR>5. Apurva Pradeep Joshi - Independent Non-Executive Director<BR>6. Prasann Kumar Kedia - Managing Director<BR>7. Anshuman Kedia - Whole-time Director<BR><BR>These individuals play various roles within the company's governance and operational structure.

What does Assoc.Alcohols do?

Associated Alcohols & Breweries Ltd is a leading liquor manufacturer in Central India, established in 1989, with a market cap of INR 2,252 Cr and reported net sales of 2,425 Cr and net profit of 223 Cr for Q1 2025. Key financial metrics include a P/E ratio of 28.00 and a debt-equity ratio of 0.17.

Overview:<BR>Associated Alcohols & Breweries Ltd is one of the leading liquor manufacturers in Central India, operating within the beverages industry and classified as a small-cap company.<BR><BR>History:<BR>The company was incorporated in July 1989 and commenced business in August 1989. It took over Associated Distilleries in April 1990. The latest quarterly results reported are for March 2025, showing significant sales and profit figures.<BR><BR>Financial Snapshot:<BR>Net Sales: 2,425 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 223 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: INR 2,252 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 28.00 <BR>Industry P/E: 63 <BR>Dividend Yield: 0.16% <BR>Debt-Equity: 0.17 <BR>Return on Equity: 15.66% <BR>Price to Book: 4.27 <BR><BR>Contact Details:<BR>Address: 4th Floor BPK Star Tower, AB Road Indore Madhya Pradesh : 452008 <BR>Tel: 91-731-4780400/490 <BR>Email: cs@associatedalcohols.com <BR>Website: http://www.associatedalcoholsindia.com

How big is Assoc.Alcohols?

As of 24th July, Associated Alcohols & Breweries Ltd has a market capitalization of 2,137.00 Cr, classifying it as a Small Cap company, with recent net sales of 1,075.91 Cr and net profit of 81.42 Cr over the latest four quarters. Data for shareholder's funds and total assets is unavailable.

As of 24th July, <BR><BR>Market Cap: Associated Alcohols & Breweries Ltd has a market capitalization of 2,137.00 Cr, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 1,075.91 Cr, while the sum of Net Profit for the same period is 81.42 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is the latest annual period, but data for Shareholder's Funds and Total Assets is unavailable.

How has been the historical performance of Assoc.Alcohols?

Assoc.Alcohols has shown significant growth from 2013 to 2025, with net sales increasing from 157.14 Cr to 1,075.90 Cr, and profit after tax rising from 3.31 Cr to 81.42 Cr. Key metrics like operating profit margin and earnings per share have also improved notably during this period.

Answer:<BR>The historical performance of Assoc.Alcohols shows significant growth over the years, particularly from 2013 to 2025.<BR><BR>Breakdown:<BR>Assoc.Alcohols has experienced a remarkable increase in net sales, rising from 157.14 Cr in Mar'13 to 1,075.90 Cr in Mar'25. Other operating income has fluctuated, peaking at 5.18 Cr in Mar'14 but dropping to 0.00 Cr by Mar'25. Total operating income has similarly surged from 159.90 Cr in Mar'13 to 1,075.90 Cr in Mar'25. The raw material cost has also escalated, reaching 686.51 Cr in Mar'25 from just 103.11 Cr in Mar'13. Operating profit (PBDIT) has shown a consistent upward trend, increasing from 14.49 Cr in Mar'13 to 132.74 Cr in Mar'25, while profit before tax has grown from 5.50 Cr to 109.61 Cr over the same period. Profit after tax has risen significantly from 3.31 Cr in Mar'13 to 81.42 Cr in Mar'25, reflecting a strong improvement in profitability. The earnings per share (EPS) have also increased dramatically, from 1.83 in Mar'13 to 45.03 in Mar'25. The operating profit margin has improved from 9.06% in Mar'13 to 11.9% in Mar'25, and the profit after tax margin has increased from 2.07% to 7.57%. Overall, Assoc.Alcohols has demonstrated robust growth in sales and profitability metrics over the years.

Is Assoc.Alcohols technically bullish or bearish?

As of December 3, 2025, the stock's trend has shifted to bearish with moderate strength, supported by bearish signals from the MACD, moving averages, and Bollinger Bands, despite a mildly bullish KST on the weekly timeframe.

As of 3 December 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. The weekly MACD is bearish, and the daily moving averages confirm a bearish outlook. Bollinger Bands are also indicating a bearish trend on both weekly and monthly time frames. Although the KST shows mildly bullish on the weekly, it is countered by the overall bearish signals from other indicators. The stock has underperformed significantly compared to the Sensex over the past month and year, reinforcing the bearish sentiment.

When is the next results date for Associated Alcohols & Breweries Ltd?

The next results date for Associated Alcohols & Breweries Ltd is February 4, 2026.

The next results date for Associated Alcohols & Breweries Ltd is scheduled for February 4, 2026.

Are Associated Alcohols & Breweries Ltd latest results good or bad?

The latest results for Associated Alcohols & Breweries Ltd show strong profitability with a 94.86% increase in net profit, but revenue declined by 20.38% year-on-year, raising concerns about long-term growth sustainability. Investors should watch how the company addresses these revenue challenges moving forward.

The latest results for Associated Alcohols & Breweries Ltd present a mixed picture. On one hand, the company has shown significant improvement in profitability metrics. In Q3 FY26, the net profit surged to ₹27.30 crore, reflecting a remarkable 94.86% increase quarter-on-quarter and a 4.64% increase year-on-year. Additionally, the operating margin reached 15.94%, the highest in eight quarters, indicating effective cost management and operational efficiency.<BR><BR>However, the revenue figures tell a different story. The revenue for Q3 FY26 was ₹260.38 crore, which is a modest 2.58% increase from the previous quarter but a concerning 20.38% decline compared to the same quarter last year. This year-on-year drop raises questions about the company's market position and growth sustainability.<BR><BR>Overall, while the profitability metrics are strong and indicate effective management, the significant decline in revenue is a critical concern that could impact long-term growth prospects. Investors may want to monitor how the company addresses these revenue challenges in the coming quarters.

Should I buy, sell or hold Associated Alcohols & Breweries Ltd?

Why is Associated Alcohols & Breweries Ltd falling/rising?

As of 17-Mar, the stock price of Associated Alcohols & Breweries Ltd is declining, currently at 708.55, reflecting a 4.8 (-0.67%) decrease. The stock has underperformed significantly, with a year-to-date decline of 25.74%, and is trading close to its 52-week low, indicating a bearish trend and negative investor sentiment.

As of 17-Mar, the stock price of Associated Alcohols & Breweries Ltd is falling, currently at 708.55, which reflects a decrease of 4.8 (-0.67%). This decline is part of a broader trend, as the stock has been losing value for the past five days, resulting in a total drop of 5.64% during this period. Additionally, the stock has significantly underperformed compared to the market, with a year-to-date decline of 25.74% against a 10.74% drop in the Sensex.<BR><BR>The stock is also trading close to its 52-week low, just 1.49% away from Rs 698. It is currently below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Despite a rise in investor participation, with delivery volume increasing by 265.22% on March 16, the overall sentiment remains negative due to the stock's poor long-term growth prospects and significant underperformance over the past year, where it has generated a return of -49.20% compared to the market's positive return of 2.56%.<BR><BR>Furthermore, the company has shown flat results, particularly in December, and has a low Debtors Turnover Ratio, which is the lowest at 20.39 times. The lack of investment from domestic mutual funds, which hold 0% of the company, may also reflect a lack of confidence in the stock's current valuation. Overall, these factors contribute to the ongoing decline in the stock price of Associated Alcohols & Breweries Ltd.

Why is Associated Alcohols & Breweries Ltd falling/rising?

As of 18-Mar, Associated Alcohols & Breweries Ltd's stock price is rising to 740.05, reflecting a 4.73% increase due to a trend reversal, heightened investor interest, and strong valuation metrics. Additionally, rising promoter confidence further supports the positive outlook for the stock.

As of 18-Mar, Associated Alcohols & Breweries Ltd's stock price is rising, currently at 740.05, reflecting a change of 33.45 (4.73%) upward. This increase can be attributed to several factors. Firstly, the stock has experienced a trend reversal, gaining after five consecutive days of decline, which indicates a potential shift in market sentiment. Additionally, the stock outperformed its sector by 3.38% today, suggesting stronger relative performance compared to its peers.<BR><BR>The stock also reached an intraday high of Rs 765.5, marking an 8.34% increase during the trading day. Notably, there has been a significant rise in investor participation, with delivery volume increasing by 243.11% against the five-day average, indicating heightened interest from investors. <BR><BR>Moreover, the company has a low debt-to-equity ratio of 0.05 times and a return on capital employed (ROCE) of 17.9, which reflects an attractive valuation. Despite the stock's poor performance over the past year, with a return of -45.58%, the company's profits have risen by 22.3%, and the stock is trading at a discount compared to its peers' average historical valuations. <BR><BR>Furthermore, rising promoter confidence, evidenced by an increase in their stake by 1.13% over the previous quarter, adds to the positive outlook for the stock. This increase in ownership by promoters is typically viewed as a sign of confidence in the company's future prospects. <BR><BR>In summary, the combination of a trend reversal, increased investor participation, attractive valuation metrics, and rising promoter confidence are contributing to the current rise in the stock price of Associated Alcohols & Breweries Ltd.

Why is Associated Alcohols & Breweries Ltd falling/rising?

As of 19-Mar, the stock price of Associated Alcohols & Breweries Ltd is at 721.55, reflecting a significant decline of 48.33% over the past year. The stock is currently underperforming against the market and trading below key moving averages, indicating a bearish trend.

As of 19-Mar, the stock price of Associated Alcohols & Breweries Ltd is falling, currently at 721.55, which reflects a decrease of 22.7 or 3.05%. This decline is evident in its performance metrics, as the stock has underperformed significantly over various periods, including a 1-month drop of 16.51% and a year-to-date decrease of 24.37%. Over the past year, the stock has plummeted by 48.33%, contrasting sharply with the broader market, which has seen only a 1.22% return.<BR><BR>Today's trading session has also shown weakness, with the stock touching an intraday low of Rs 720.3, down 3.22%. It is currently trading below all key moving averages, indicating a bearish trend. Additionally, the overall sector, Breweries & Distilleries, has declined by 2.73%, further contributing to the stock's downward pressure.<BR><BR>Despite some positive factors, such as rising promoter confidence with a 1.13% increase in stake and a low debt-to-equity ratio, these have not been sufficient to counteract the negative sentiment surrounding the stock. The company's operating profit growth has been modest at an annual rate of 11.04% over the last five years, and it has consistently underperformed the market, which has likely led to investor caution. Overall, the combination of poor recent performance, sector weakness, and underwhelming growth prospects has resulted in the stock's decline.

Why is Associated Alcohols & Breweries Ltd falling/rising?

As of 20-Mar, the stock price of Associated Alcohols & Breweries Ltd is currently Rs 724.60, showing a short-term upward trend due to positive momentum, increased promoter confidence, and strong financial metrics. However, it has faced significant long-term declines of 24.05% year-to-date and 47.80% over the past year.

As of 20-Mar, the stock price of Associated Alcohols & Breweries Ltd is rising, currently at Rs 724.60, reflecting a change of 3.15 (0.44%) upward. This increase can be attributed to several factors. Firstly, the stock opened with a gain of 2.56% today and reached an intraday high of Rs 747.95, indicating positive momentum in the short term. Additionally, the stock has outperformed its sector by 0.28%, suggesting that it is performing better than its peers in the market.<BR><BR>Moreover, there is rising promoter confidence, as promoters have increased their stake in the company by 1.13% over the previous quarter, now holding 62.35% of the company. This increase in ownership is often interpreted as a sign of confidence in the company's future prospects. The company also has a low Debt to Equity ratio of 0.05 times and a Return on Capital Employed (ROCE) of 17.9, which indicates a very attractive valuation compared to its peers.<BR><BR>However, it is important to note that the stock has experienced significant declines over the longer term, with a year-to-date drop of 24.05% and a one-year decline of 47.80%. Despite these long-term challenges, the recent price movement reflects a temporary positive sentiment, likely driven by the factors mentioned above.

Why is Associated Alcohols & Breweries Ltd falling/rising?

As of 23-Mar, the stock price of Associated Alcohols & Breweries Ltd is declining, currently at Rs 713.90, reflecting a significant underperformance with a year-to-date drop of 25.18% and a 50.42% decrease over the past year. This decline is attributed to waning investor participation, negative sector trends, and the stock trading below its moving averages.

As of 23-Mar, the stock price of Associated Alcohols & Breweries Ltd is falling, currently at Rs 713.90, which reflects a decrease of Rs 13.85 or 1.9%. This decline is part of a broader trend, as the stock has underperformed significantly over various time frames, with a year-to-date drop of 25.18% and a staggering 50.42% decrease over the past year. <BR><BR>The stock's performance today indicates it is close to its 52-week low, being just 2.23% away from Rs 698. Additionally, the stock touched an intraday low of Rs 705, marking a decline of 3.13% during the trading session. The overall sector, Breweries & Distilleries, has also seen a downturn, falling by 3.08%, which may contribute to the stock's poor performance.<BR><BR>Investor participation appears to be waning, as evidenced by a significant drop in delivery volume, which fell by 79.77% compared to the 5-day average. Furthermore, the stock is trading below its moving averages across multiple time frames, indicating a bearish trend. <BR><BR>Despite some positive factors, such as rising promoter confidence with a 1.13% increase in stake and a low debt-to-equity ratio, these have not been sufficient to counteract the negative sentiment surrounding the stock. The company's operating profit growth has been modest at an annual rate of 11.04% over the last five years, and it has underperformed the broader market, which has seen a negative return of only 3.31% in the last year. <BR><BR>In summary, the combination of poor stock performance relative to the market, declining investor participation, and negative sector trends are key reasons for the falling stock price of Associated Alcohols & Breweries Ltd.

Why is Associated Alcohols & Breweries Ltd falling/rising?

As of 24-Mar, the stock price of Associated Alcohols & Breweries Ltd is currently at 713.10, reflecting a decline of 6.2 (-0.86%) and a total drop of 2.01% over the last two days. The stock has significantly underperformed over the past year with a return of -49.93%, is trading below all key moving averages, and is close to its 52-week low, indicating persistent bearish sentiment and declining investor interest.

As of 24-Mar, the stock price of Associated Alcohols & Breweries Ltd is falling, currently at 713.10, which reflects a decrease of 6.2 (-0.86%). The stock has been on a downward trend, having lost value for the last two consecutive days, resulting in a total decline of 2.01% during this period. Additionally, the stock is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent bearish sentiment.<BR><BR>In terms of performance relative to the market, the stock has underperformed significantly over the past year, with a return of -49.93%, compared to a much smaller decline of -5.02% in the broader market index, the Sensex. This stark contrast highlights the stock's struggles in attracting investor confidence.<BR><BR>Moreover, the stock is close to its 52-week low, being just 2.12% away from the low of Rs 698. The delivery volume has also seen a drastic decline, falling by 67.96% against the 5-day average, which suggests a decrease in investor participation and interest in the stock.<BR><BR>While there are some positive factors, such as rising promoter confidence with a 1.13% increase in their stake, the overall sentiment remains negative due to poor long-term growth prospects and flat results in recent financial periods. The company's operating profit growth rate of 11.04% over the last five years does not align with the significant drop in stock price, further contributing to the current downward trend.

Why is Associated Alcohols & Breweries Ltd falling/rising?

As of 25-Mar, the stock price of Associated Alcohols & Breweries Ltd is rising, currently at Rs 734.45, indicating a potential trend reversal despite a year-to-date decline of 23.02%. The company shows improved business performance and increased promoter confidence, although it remains close to its 52-week low with declining investor participation.

As of 25-Mar, the stock price of Associated Alcohols & Breweries Ltd is rising, currently at Rs 734.45, reflecting an increase of Rs 16.7 or 2.33%. This upward movement comes after two consecutive days of decline, indicating a potential trend reversal. The stock has also outperformed its sector by 0.61% today and reached an intraday high of Rs 741.45, which is a 3.3% increase.<BR><BR>Despite a year-to-date decline of 23.02% and a significant drop of 45.92% over the past year, the company has shown a profit increase of 22.3%, suggesting that while the stock price has fallen sharply, the underlying business performance is improving. Additionally, the company's low Debt to Equity ratio of 0.05 times and a Return on Capital Employed (ROCE) of 17.9 indicate a solid financial position, which may bolster investor confidence.<BR><BR>Moreover, there is rising promoter confidence as they have increased their stake in the company by 1.13% over the previous quarter, now holding 62.35% of the company. This increase in ownership by promoters often signals a positive outlook on the company's future prospects.<BR><BR>However, it is important to note that the stock is still close to its 52-week low, being only 4.96% away from Rs 698. Additionally, there has been a decline in investor participation, with delivery volume falling by 33.19% compared to the 5-day average. This could indicate a cautious sentiment among investors despite the recent price increase. <BR><BR>In summary, the stock's rise can be attributed to a combination of a potential trend reversal, improved business performance, and increased promoter confidence, even as it faces challenges such as low investor participation and proximity to its 52-week low.

Which are the latest news on Assoc.Alcohols?