ASALCBR

Associated Alcohols & Breweries Ltd.

NSE: ASALCBR

BSE: 507526

Sector: Fast Moving Consumer Goods

Industry Group: Beverages

Industry: Breweries & Distilleries

588.50+5.5 (+0.94%)

14 Oct, 12:00 AM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

75.1 / 100

Value Score

76.1 / 100

Price Momentum Score

9.0 / 100

QVM Score

53.6 / 100

Key Metrics

Market Cap

1063.95

P/E (TTM)

12.88

P/B

1.53

P/S (TTM)

1.03

EV/EBITDA

7.74

CAPE (5Y)

16.58

ROE (TTM)

14.56

ROCE (TTM)

17.10

ROA (TTM)

11.24

Avg 3Y ROE

14.90

Earnings 3Y CAGR

23.95

Sales 3Y CAGR

15.38

Sales 5Y CAGR

17.67

Debt/Equity

0.10

Consensus TP

Strong Buy %

Promoter Holding

62.35

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of Associated Alcohols & Breweries Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Stock is cheap and PE TTM is at a discount to industry median

PE TTM of 12.88 indicates that the stock is cheap on a standalone basis. Discount to industry median P/E is decent at -71.31%

What is P/E Ratio?

Median: 44.9

Value 12.88

5.28649.14

Low Debt to Equity, not much change from last year

The company has low Debt to Equity of 0.1 as on 30 Jun 2026 and Debt to Equity decreased marginally by 0.1 in the last 1 year

What is Debt to Equity?

Consistently pays dividend

The company has not missed dividend payments once in the last 10 financial years

What is Dividend streak?

Negative

Weak price momentum

Price Momentum score of 9.0 indicates that the stock has weak price momentum. Research has shown that stocks with lower momentum continue to underperform in the near term

What is Price Momentum score?

9.0 / 100

Moderate ROE but declining trend

The company reported moderate ROE of 14.56% for 12-month ended 30 Jun 2026 but ROE declined by -271 bps from 1 year ago

What is ROE (FY)?

Low revenue growth and lower than median growth of industry

The company delivered moderate revenue growth of -5.25% for 12-month ended 30 Jun 2026 and the growth was 4.29 percentage points lower than median growth of industry

What is Sales growth (1Y)?

Median: -0.96

Value -5.25

-93.199.8

Low dividend yield

The company has a low dividend yield of 0.34%

What is Dividend yield?

Neutral

Moderate and stable operating margin

The company reported moderate operating margin of 10.81% for 12-month ended 30 Jun 2026 and operating margin declined marginally by -1 bps from 1 year ago

What is Operating profit margin?

Low EPS growth but above median growth of industry

The company delivered low EPS growth of -7.51% for 12-month ended 30 Jun 2026 but the growth was 18.25 percentage points higher than median growth of industry

What is EPS growth (1Y)?

Company's earnings are of moderate quality

Earnings quality score of 45.8 indicates that the company's earnings are of moderate quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

45.8 / 100

Financial Snapshot

See detailed analysis

Multi-year trends for Associated Alcohols & Breweries Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

Associated Alcohols & Breweries Ltd. Shareholding Pattern

Quarterly breakdown of Associated Alcohols & Breweries Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Total Promoter	58.45	58.45	58.45	58.45	58.45	58.45	58.45	58.45	58.45	58.45	58.45	58.45	58.45	58.45	58.67	59.29	59.29	59.29	59.29	59.29	59.29	59.29	61.22	61.22	62.35	62.35	62.35
Indian Promoter	58.45	58.45	58.45	58.45	58.45	58.45	58.45	58.45	58.45	58.45	58.45	58.45	58.45	58.45	58.67	59.29	59.29	59.29	59.29	59.29	59.29	59.29	61.22	61.22	62.35	62.35	62.35
Foreign Promoter	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Institutions	0.67	0.60	0.75	0.48	0.95	1.64	1.53	1.65	1.36	0.94	0.81	4.02	0.59	0.55	0.48	0.68	1.20	1.11	0.91	1.20	1.06	0.66	0.51	0.32	1.27	1.94	2.38
Mutual Funds / UTI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.10	-	-	-	-	-	0.03	0.03	-	-	-	-
FI/Bank/Insurance	0.10	0.04	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01
Govt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FII	0.57	0.56	0.74	0.47	0.94	1.63	1.52	1.64	1.35	0.92	0.80	0.53	0.58	0.55	0.48	0.58	1.20	1.11	0.91	1.20	1.06	0.63	0.48	0.32	0.33	0.68	1.02
Other Institutions	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	3.48	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.94	1.26	1.35
Non-Institution	40.88	40.95	40.81	41.07	40.60	39.91	40.02	39.91	40.19	40.62	40.74	37.53	40.97	41.00	40.85	40.03	39.51	39.60	39.80	39.50	39.65	40.05	38.27	38.46	36.37	35.71	35.27
Bodies Corporate	11.47	10.85	10.83	10.76	8.42	7.45	5.63	3.11	3.55	4.61	3.12	3.32	3.58	3.48	4.58	3.79	3.23	3.88	3.75	4.10	3.70	4.55	4.44	3.76	3.73	3.55	3.28
Others (incl. Retail) No. of shareholders	29.41 12,811	30.10 15,123	29.98 18,063	30.31 19,463	32.18 21,666	32.46 29,855	34.39 32,804	36.80 38,335	36.64 38,747	36.01 37,208	37.62 43,853	34.21 43,940	37.39 43,551	37.52 41,847	36.27 39,811	36.24 37,974	36.28 35,695	35.72 33,941	36.05 33,206	35.40 32,657	35.95 35,757	35.50 38,022	33.83 38,990	34.70 43,880	32.64 42,362	32.16 40,727	31.99 40,728

Holdings and Presence

Indices and prominent investors with a stake in this stock.

Index Presence

#	Index	Weight	Rank
1	SHI: Breweries & Distilleries	3.62%	10 / 11

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Associated Alcohols & Breweries Ltd. shares as reported to NSE and BSE.

Name	Month	Transaction	Holding % pre transaction	Average price	Qty.	Transaction value
ANAND KUMAR KEDIA Promoter	March-2026	Conversion of security (Acquisition) 18th Mar 2026	6.20 %	₹ 679.00	4.50 lac	₹ 30.55 cr
PRASANN KUMAR KEDIA Promoter	March-2026	Conversion of security (Acquisition) 18th Mar 2026	7.41 %	₹ 679.00	4.50 lac	₹ 30.55 cr
Anshuman Kedia Promoter & Director	March-2024	Market Purchase (Acquisition) 27th Mar 2024	10.70 %	₹ 482.73	32.00 k	₹ 1.54 cr
Vedant Kedia Promoter Group	March-2024	Market Purchase (Acquisition) 27th Mar 2024	5.70 %	₹ 492.23	32.00 k	₹ 1.58 cr
Anshuman Kedia Promoter & Director	January-2024	Market Purchase (Acquisition) 10th Jan 2024	10.56 %	₹ 467.71	24.20 k	₹ 1.13 cr
Vedant Kedia Promoter Group	January-2024	Market Purchase (Acquisition) 10th Jan 2024	5.56 %	₹ 472.39	24.20 k	₹ 1.14 cr
Anshuman Kedia Promoter	September-2023	Market (Acquisition) 27th Sep 2023	10.45 %	₹ 449.83	20.50 k	₹ 92.22 lac
Vedant Kedia Promoter	September-2023	Market (Acquisition) 27th Sep 2023	5.45 %	₹ 450.77	20.50 k	₹ 92.41 lac

Corporate Actions

History of Associated Alcohols & Breweries Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Dividend₹ 2/share
Record date: 9th Sep 2026Ex-date: 9th Sep 2026
Announced on: 18th May 2026
Dividend₹ 2/share
Record date: 25th Jul 2025Ex-date: 25th Jul 2025
Announced on: 26th Apr 2025
Dividend₹ 2/share
Record date: 26th Jul 2024Ex-date: 26th Jul 2024
Announced on: 2nd May 2024
Dividend₹ 1/share
Record date: 26th Jul 2023Ex-date: 26th Jul 2023
Announced on: 8th May 2023
Dividend₹ 1/share
Record date: 29th Jul 2022Ex-date: 28th Jul 2022
Announced on: 25th May 2022

Company Profile

Overview of Associated Alcohols & Breweries Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Associated Alcohols & Breweries Limited is an India-based company, which is engaged in the manufacturing of liquor. The Company is primarily engaged in the business of manufacturing and selling extra neutral alcohol (ENA), Indian Made Indian Liquor (IMIL) (Country Liquor), Indian Made Foreign Liquor...

Key personnel

Mr. Dilip Inani

Chief Financial Officer

Mr. Abhinav Mathur

Compliance Officer, Company Secretary

Mr. Anshuman KediaD

Chief Executive Officer, Whole Time Director

Mr. Tushar BhandariD

Whole-Time Director

Mr. Debashis DasD

Non-Executive Independent Director

Dr. Apurva Pradeep JoshiD

Non-Executive Independent Director

Dr. Swaraj Kumar PuriD

Additional Non-Executive Independent Director

Incorporated on

07 Jul 1989

Last Annual

31 Mar 2026

Last Interim

30 Jun 2026

No. of Employees

654

IPO date

21 Dec 1994

Free Float

69,88,595

Website

https://www.associatedalcohols.com/

Phone no.

+917316662400

Address

4th Floor,BPK Star Tower, A.B. Road,, INDORE, 452008, India

Frequently Asked Questions

What is the current share price of Associated Alcohols & Breweries Ltd.?

The current share price of Associated Alcohols & Breweries Ltd. is ₹ 588.50 as of 14 Oct 2026.

What is the market capitalisation of Associated Alcohols & Breweries Ltd.?

The market capitalisation of Associated Alcohols & Breweries Ltd. stands at ₹ 1,063.95 Cr.

What is the PE ratio of Associated Alcohols & Breweries Ltd.?

The Price-to-Earnings (PE) ratio of Associated Alcohols & Breweries Ltd. is 12.88 as of the latest trailing twelve months data.

What is the ROE and ROCE of Associated Alcohols & Breweries Ltd.?

Associated Alcohols & Breweries Ltd. has a Return on Equity (ROE) of 14.56% and a Return on Capital Employed (ROCE) of 17.10% as per the latest financial reports.

What is the 52-week high and low of Associated Alcohols & Breweries Ltd.?

The 52-week high of Associated Alcohols & Breweries Ltd. is - and the 52-week low is -.

What is the dividend yield of Associated Alcohols & Breweries Ltd.?

The dividend yield of Associated Alcohols & Breweries Ltd. is 0.34% based on the current market price.

What is the FII and DII holding in Associated Alcohols & Breweries Ltd.?

Foreign Institutional Investors (FII) hold 1.02%, Domestic Institutional Investors (DII) hold 0.01% and retail/public investors hold 31.99% of Associated Alcohols & Breweries Ltd. shares.

What sector does Associated Alcohols & Breweries Ltd. belong to?

Associated Alcohols & Breweries Ltd. operates in the Fast Moving Consumer Goods sector.

What is the beta of Associated Alcohols & Breweries Ltd.?

The beta of Associated Alcohols & Breweries Ltd. is 1.17, indicating its price volatility relative to the broader market. Over the past 1 year, Associated Alcohols & Breweries Ltd. has delivered an absolute return of -39.84%.

What is the RSI of Associated Alcohols & Breweries Ltd.?

The 14-day Relative Strength Index (RSI) of Associated Alcohols & Breweries Ltd. is 28.56, placing it in the oversold zone. An RSI above 70 is considered overbought and below 30 is considered oversold.

Associated Alcohols & Breweries Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Associated Alcohols & Breweries Ltd. Shareholding Pattern

Holdings and Presence

Bulk, Block and Insider Trades

Corporate Actions

Company Profile

Frequently Asked Questions

Corporate Actions

Company Profile

Stock Analysis

Holdings and Presence