Assoc.Alcohols

Why is Associated Alcohols & Breweries Ltd falling/rising?

As of 02-Aug, the stock price of Associated Alcohols & Breweries Ltd is currently Rs 762.90, down 1.81%, and has significantly underperformed over various periods, including a year-to-date decline of 20.04%. The stock is trading below all key moving averages, indicating a bearish trend, and investor sentiment remains negative due to poor long-term growth prospects.

As of 02-Aug, the stock price of Associated Alcohols & Breweries Ltd is falling, currently at Rs 762.90, reflecting a decrease of Rs 14.1 or 1.81%. This decline is part of a broader trend, as the stock has underperformed significantly over various periods, including a 1-week drop of 7.51% and a 1-month decline of 12.36%. Year-to-date, the stock has decreased by 20.04%, and over the past year, it has fallen by 26.68%, while the benchmark Sensex has only decreased by 3.81%.<BR><BR>Today's performance indicates that the stock has underperformed its sector by 0.37% and has experienced a trend reversal after two consecutive days of gains. The stock reached an intraday low of Rs 756, which is a 2.7% decrease. Additionally, it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, suggesting a bearish trend.<BR><BR>Investor participation has also declined, with delivery volume dropping by 45.25% compared to the 5-day average. Although there is some positive news regarding institutional investors increasing their stake by 0.67%, the overall sentiment remains negative due to poor long-term growth prospects, as evidenced by a low operating profit growth rate of 6.10% over the last five years and disappointing quarterly results. The company's profit before tax and profit after tax have both fallen significantly compared to previous averages, further contributing to the stock's decline.

Which are the latest news on Assoc.Alcohols?

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

The latest results for Associated Alcohols & Breweries Ltd show record net sales growth of 5.31% year-on-year, but a significant decline in net profit by 24.61% raises concerns about profitability and operational efficiency, making the overall results disappointing.

The latest results for Associated Alcohols & Breweries Ltd present a mixed picture. On one hand, the company achieved record net sales of ₹280.86 crores in Q1 FY27, reflecting a year-on-year growth of 5.31% and a significant sequential improvement of 17.76% from the previous quarter. This indicates strong demand for its products.<BR><BR>However, the profitability metrics are concerning. The net profit for the quarter fell to ₹17.83 crores, which is a decline of 24.61% year-on-year and 24.13% quarter-on-quarter. Additionally, the operating margin decreased sharply to 10.64%, down 328 basis points from the previous year, highlighting significant cost pressures that the company has struggled to manage.<BR><BR>Overall, while the revenue growth is a positive sign, the substantial decline in net profit and margin compression suggest that the company's financial health is under pressure. This disconnect between revenue growth and profitability raises concerns about its operational efficiency and ability to sustain margins in a competitive market. Thus, the results can be viewed as disappointing, particularly in terms of profitability.

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

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

The next results date for Associated Alcohols & Breweries Ltd is July 24, 2026.

The next results date for Associated Alcohols & Breweries Ltd is scheduled for July 24, 2026.

How big is Assoc.Alcohols?

Summary could not be generated.

As of 10th June, <BR><BR>Market Cap: Associated Alcohols & Breweries Ltd has a market capitalization of 1,656.00 Cr and is classified as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 1,019.41 Cr, while the sum of Net Profit for the same period is 88.46 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the latest annual data is not specified, and the values for Shareholder's Funds and Total Assets are unavailable.

Who are in the management team of Assoc.Alcohols?

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). Each member contributes to the company's governance and management.

The management team of Assoc.Alcohols includes the following individuals:<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 members play various roles in the governance and management of the company. If you need more specific information about their responsibilities or contributions, feel free to ask!

Who are the peers of the Assoc.Alcohols?

Peers of Assoc.Alcohols include United Breweries, Allied Blenders, Tilaknagar Inds., and others. Management risk varies from excellent at United Breweries to average at Assoc.Alcohols, with Allied Blenders showing the highest 1-year return at 40.98% and Assoc.Alcohols at -25.46%.

Peers: The peers of Assoc.Alcohols are United Breweries, Allied Blenders, Tilaknagar Inds., Globus Spirits, G M Breweries, Som Distilleries, Sula Vineyards, BCL Industries, IFB Agro Inds., and Jagatjit Inds.<BR><BR>Quality Snapshot: Excellent management risk is observed at United Breweries and Sula Vineyards, while Good management risk is found at Allied Blenders, Globus Spirits, and the rest. Average management risk is seen at Tilaknagar Inds., G M Breweries, Assoc.Alcohols, Som Distilleries, BCL Industries, IFB Agro Inds., and Jagatjit Inds. For growth, Excellent growth is noted at Allied Blenders, Tilaknagar Inds., and Som Distilleries, while Below Average growth is found at Assoc.Alcohols, Globus Spirits, Sula Vineyards, BCL Industries, IFB Agro Inds., and the rest. Excellent capital structure is observed at United Breweries, G M Breweries, and IFB Agro Inds., while Average capital structure is found at Allied Blenders, Tilaknagar Inds., Som Distilleries, Sula Vineyards, BCL Industries, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Allied Blenders at 40.98%, while the peer with the lowest is Som Distilleries at -54.39%. Assoc.Alcohols has a 1-year return of -25.46%, which is higher than Som Distilleries but lower than Allied Blenders. Additionally, peers with negative six-month returns include Som Distilleries, Sula Vineyards, and IFB Agro Inds.

What does Assoc.Alcohols do?

Associated Alcohols & Breweries Ltd is a small-cap liquor manufacturer in Central India, with net sales of ₹238 Cr and a net profit of ₹24 Cr as of March 2026. The company has a market cap of ₹1,656 Cr and key financial metrics include a P/E ratio of 18.00 and a dividend yield of 0.23%.

Overview:<BR>Associated Alcohols & Breweries Ltd is a leading liquor manufacturer 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 net sales and profit for March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 238 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 24 Cr (Quarterly Results - Mar 2026)<BR>- Market cap: INR 1,656 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: 18.00<BR>- Industry P/E: 55<BR>- Dividend Yield: 0.23%<BR>- Debt Equity: 0.06<BR>- Return on Equity: 12.74%<BR>- Price to Book: 2.36<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

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.

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 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 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.