Associated Alcohols & Breweries Ltd.

BSE: 507526 NSE: ASALCBR
Associated Alcohols & Breweries Ltd. - food and beverages in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
CIN L15520MP1989PLC049380 Incorporated 07 July 1989 ROC Gwalior HQ Indore, Madhya Pradesh, India
Active Listed - NSE: ASALCBR · BSE: 507526 Public Limited Company food and beverages
Data last updated
Market Cap
₹1,142 Cr
ASALCBR · NSE
Share Price
₹568.65
-1.92% today
Revenue
₹1,020 Cr
FY 2025-26 · -5.2% YoY
EBITDA
₹143 Cr
Margin 14.0%
Net Profit
₹88.50 Cr
FY 2025-26 · +8.7% YoY
P/E (TTM)
13.6x
P/B 1.6x
ROE
14.6%
ROCE 17.9%
Debt / Equity
0.14
Interest cover 5.2x

About Associated Alcohols & Breweries Ltd.

Data last updated:

Associated Alcohols & Breweries Ltd. is a public limited company based in Indore, Madhya Pradesh, India. It operates in the alcoholic beverage manufacturing and distribution segment of the food and beverages sector. It was incorporated on 07 July 1989 and has been in existence for over 37 years.

The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN L15520MP1989PLC049380. Its GSTIN is 23AAECA2674B1Z8 (Madhya Pradesh). The company holds 8 GST registrations, of which 4 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 507526 and NSE: ASALCBR.

The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹20.08 Cr. It is led by directors including Prasann Kumar Kedia (Managing Director) and Tushar Bhandari (Whole-Time Director).

Its last annual general meeting (AGM) was held on 02 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 4th Floor Bpk Star Tower A.B. Road, Indore, Madhya Pradesh, India – 452008.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹1,019.68 Cr, a decline of 5.2% compared to the previous year. For the same year it recorded a net profit of ₹88.5 Cr (net margin 8.7%) and EBITDA of ₹142.92 Cr (EBITDA margin 14%). The net worth stands at ₹694.61 Cr (up 33.5% YoY). Total assets are valued at ₹766.92 Cr (up 23% YoY).

The company has about 587 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.

The company is associated with 1 brand: Associated Alcohols & Breweries. As per MCA filings, the company has open charges of ₹298 Cr and satisfied charges of ₹189.04 Cr on record. Court records list 82 cases involving the company, including 72 filed by the company and 10 filed against it; 43 cases are pending. The company has 33 deals on record (33 market trades); the latest was in October 2025. The company has 3 MSME Form 1 returns on record between 2019 and 2023, listing 63 overdue payments to 43 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website associatedalcohols.com.

Company details

CIN L15520MP1989PLC049380
Registration Number 049380
Incorporation Date 07 July 1989
ROC Gwalior
Listing Status Listed - Listed on NSE (ASALCBR); Listed on BSE (507526)
Company Status Active
Date of Last AGM 02 August 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

CIN history

Associated Alcohols & Breweries has one previous CIN (Corporate Identification Number): L15520WB1989PLC047211. The current CIN is L15520MP1989PLC049380, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L15520MP1989PLC049380Current
L15520WB1989PLC047211Previous
Key People
Prasann Kumar Kedia Managing Director Tushar Bhandari Whole-Time Director Anshuman Kedia Whole-Time Director

Contact details

Associated Alcohols & Breweries Ltd.'s registered office is in Indore, Madhya Pradesh. Its website is associatedalcohols.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    associatedalcohols.com
  • Social Media
  • Registered Address
    4th Floor Bpk Star Tower A.B. Road, Indore, Madhya Pradesh, India – 452008
  • Industry
    Food and Beverages, Alcoholic Beverage Manufacturing & Distribution

To see the full contact details of Associated Alcohols & Breweries Ltd., buy the company report.

Comprehensive company report
Associated Alcohols & Breweries Ltd. - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Associated Alcohols & Breweries operates one associated brand: Associated Alcohols & Breweries. Each brand links to its own profile.

BrandDescriptionWebsite
Associated Alcohols & Breweries
Liquor products including IMFL, IMIL, and beer are manufactured.associatedalcohols.com

Business activity

The main business activity of Associated Alcohols & Breweries is manufacturing. In detail, this covers manufacture of beverages.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing11Manufacture of beverages

To see the full business activity and turnover split of Associated Alcohols & Breweries Ltd., buy the company report.

Financials of Associated Alcohols & Breweries Ltd.

FY 2025-26 filings available

Associated Alcohols & Breweries Ltd. reported revenue of ₹1,019.68 Cr (down 5.2% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹1,020 Cr
-5.2% YoY
EBITDA
₹143 Cr
+11.6% YoY
Profit After Tax
₹88.50 Cr
+8.7% YoY
Net Worth
₹695 Cr
+33.5% YoY
Total Assets
₹767 Cr
+23.0% YoY
Total Debt
₹68.92 Cr
-32.1% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2014-15FY 2013-14FY 2012-13FY 2006-07FY 2005-06
Income statement
Revenue1,0201,07529821315763.5192.17
Revenue growth-5.2%-+40.0%+35.7%--31.1%-
EBITDA14312830.9518.2411.753.723.25
EBITDA margin+14.0%+11.9%+10.4%+8.6%+7.5%+5.9%+3.5%
Profit before tax11811018.419.805.501.510.92
Net profit88.5081.4210.895.853.300.682.66
Net profit margin+8.7%+7.6%+3.7%+2.7%+2.1%+1.1%+2.9%
EPS (₹)44.0545.0313.546.463.661.803.99
Balance sheet
Total assets76762411515212064.4065.01
Net worth69552067.6957.1151.2729.5928.57
Total debt68.9210244.9991.5663.7734.8136.44
Cash & bank19.3115.3312.2816.9810.783.173.94
Net working capital24817223.4354.8823.2534.0335.09
Cash flow
Cash from operations51.7773.9247.42(13.03)17.712.96(2.02)
Cash from investing(87.93)(83.09)(5.76)(9.07)(37.30)(2.09)(2.14)
Cash from financing45.810.93(46.52)27.5021.86(1.64)6.27
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue281238260254267242327255
Revenue growth (YoY)+5.3%-1.6%-20.4%-0.3%+5.9%---
Other income3.101.371.821.041.810.821.091.42
EBITDA29.8640.2941.5024.0237.1235.4939.5424.95
EBITDA margin+10.6%+16.9%+15.9%+9.5%+13.9%+14.6%+12.1%+9.8%
Depreciation7.076.576.655.665.605.084.194.07
Interest1.842.671.040.961.561.411.341.40
Profit before tax24.0532.4235.6318.4431.7729.8235.1020.90
Tax6.238.928.344.448.127.499.015.58
Net profit17.8223.5027.2914.0023.6522.3326.0915.32
EPS (₹)8.8812.2514.067.4812.4212.1414.048.40
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue1,0201,075759701513436523
Revenue growth-5.2%+41.6%+8.3%+36.8%+17.6%-16.6%-
EBITDA14312876.7362.3782.1989.4076.62
EBITDA margin+14.0%+11.9%+10.1%+8.9%+16.0%+20.5%+14.7%
Profit before tax11811068.3055.4881.1478.4863.72
Net profit88.5381.4750.6441.9859.9157.9650.20
Net profit margin+8.7%+7.6%+6.7%+6.0%+11.7%+13.3%+9.6%
EPS (₹)44.0745.0628.0022.9933.6332.0627.29
Balance sheet
Total assets767624533465320265208
Net worth695520423363313252195
Total debt68.921021081005.4411.2411.28
Cash & bank19.2815.2940.8661.7981.0078.3321.92
Net working capital24817215215811814184.33
Cash flow
Cash from operations51.7773.9428.426.7679.2366.7058.41
Cash from investing(87.91)(83.16)(32.49)(94.22)(69.98)(64.72)(32.81)
Cash from financing45.810.9312.6686.27(8.54)(3.38)(24.64)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue281238260254267242327255
Revenue growth (YoY)+5.3%-1.6%-20.4%-0.3%+5.9%---
Other income3.061.381.831.051.820.831.091.43
Total expenses251198219230230207287230
EBITDA30.0040.3041.5024.0237.1235.4939.5424.95
EBITDA margin+10.7%+16.9%+15.9%+9.5%+13.9%+14.6%+12.1%+9.8%
Depreciation7.076.576.655.665.605.084.194.07
Interest1.842.671.040.961.561.411.341.40
Profit before tax24.1532.4435.6418.4531.7829.8335.1020.91
Tax6.238.928.344.448.127.489.015.58

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 10 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue281238260254267242327255
Revenue growth (YoY)+5.3%-1.6%-20.4%-0.3%+5.9%---
Other income3.101.371.821.041.810.821.091.42
EBITDA29.8640.2941.5024.0237.1235.4939.5424.95
EBITDA margin+10.6%+16.9%+15.9%+9.5%+13.9%+14.6%+12.1%+9.8%
Depreciation7.076.576.655.665.605.084.194.07
Interest1.842.671.040.961.561.411.341.40
Profit before tax24.0532.4235.6318.4431.7729.8235.1020.90
Tax6.238.928.344.448.127.499.015.58
Net profit17.8223.5027.2914.0023.6522.3326.0915.32
EPS (₹)8.8812.2514.067.4812.4212.1414.048.40
ParticularsFY 2025-26FY 2024-25FY 2014-15FY 2013-14FY 2012-13FY 2006-07FY 2005-06
Revenue1,0201,07529821315763.5192.17
Revenue growth-5.2%-+40.0%+35.7%--31.1%-
Other income6.054.684.105.162.743.032.91
Total expenses87794726819514559.7988.92
Employee cost59.2646.4616.667.834.161.431.44
EBITDA14312830.9518.2411.753.723.25
EBITDA margin+14.0%+11.9%+10.4%+8.6%+7.5%+5.9%+3.5%
Depreciation24.4817.4410.106.584.953.112.65
Interest6.225.706.547.024.042.132.59
Profit before tax11811018.419.805.501.510.92
Tax29.8228.196.093.952.200.30(1.69)
Net profit88.5081.4210.895.853.300.682.66
Net profit margin+8.7%+7.6%+3.7%+2.7%+2.1%+1.1%+2.9%
EPS (₹)44.0545.0313.546.463.661.803.99
ParticularsFY 2025-26FY 2024-25FY 2014-15FY 2013-14FY 2012-13FY 2006-07FY 2005-06
Equity & liabilities
Share capital20.0818.089.049.049.046.546.54
Reserves & surplus67547358.6548.0742.2323.0522.03
Shareholders' funds (net worth)69552067.6957.1151.2729.5928.57
Minority interest0.000.000.730.730.730.000.00
Secured loans66.1098.0939.7252.0448.4715.4115.84
Unsecured loans2.823.435.2739.5215.3019.4020.60
Total debt68.9210244.9991.5663.7734.8136.44
Total liabilities76762411515212064.4065.01
Assets
Gross block53246413914112758.9353.00
Net block39535194.0998.4788.8734.9331.96
Capital work in progress18.6931.981.610.327.652.103.24
Investments10864.303.463.813.810.001.55
Inventories15713731.6926.2522.5613.2513.20
Sundry debtors42.4439.438.187.438.7116.1324.84
Cash & bank balances19.3115.3312.2816.9810.783.173.94
Loans & advances97.4359.5916.3733.5817.5314.476.88
Total current assets31625268.5284.2459.5847.0248.86
Total current liabilities68.3380.0145.0929.3636.3312.9913.77
Net working capital24817223.4354.8823.2534.0335.09
Total assets76762411515212064.4065.01
ParticularsFY 2025-26FY 2024-25FY 2014-15FY 2013-14FY 2012-13FY 2006-07FY 2005-06
Opening cash1.199.4315.119.718.513.941.83
Net cash from operating activities51.7773.9247.42(13.03)17.712.96(2.02)
Net cash from investing activities(87.93)(83.09)(5.76)(9.07)(37.30)(2.09)(2.14)
Net cash from financing activities45.810.93(46.52)27.5021.86(1.64)6.27
Net change in cash9.65(8.24)(4.86)5.402.27(0.77)2.11
Closing cash19.3115.3312.2816.9810.783.173.94
ParticularsFY 2025-26FY 2024-25FY 2014-15FY 2013-14FY 2012-13FY 2006-07FY 2005-06
Growth
Sales growth-5.2%-+40.0%+35.7%--31.1%-
EBITDA growth+11.6%-+69.7%+55.2%-+14.5%-
PBT growth+7.9%+495.4%+87.9%+78.2%+264.2%+64.1%+9997.0%
Net income growth+8.7%-+86.2%+77.3%--74.4%-
Revenue CAGR (3Y)+68.5%+89.8%+67.5%+32.3%---
EBITDA CAGR (3Y)+98.6%+121.7%+102.6%+77.7%---
Profitability & leverage
Net income margin+8.7%+7.6%+4.1%+2.7%+2.1%+1.9%+2.8%
Return on capital employed+17.9%+18.5%+17.2%+12.4%+8.0%+4.5%+5.7%
Return on net worth+14.6%+15.7%+17.5%+10.8%+6.5%+2.3%+9.2%
Debt / equity0.140.201.091.431.241.231.17
Long-term debt / equity0.040.060.700.940.770.800.74
Interest cover5.255.1531.3760.2159.41349.18431.67
Efficiency & per share
Fixed asset turnover2.072.362.131.591.241.551.76
Inventory turnover7.027.9910.318.746.976.548.16
Debtors turnover25.2427.8138.2726.4318.064.224.25
EPS (₹)44.0545.0313.546.463.661.803.99
Dividend per share (₹)2.002.000.500.000.000.000.00
Book value per share (₹)345.94271.5074.8863.1856.7245.2443.69
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue281238260254267242327255
Revenue growth (YoY)+5.3%-1.6%-20.4%-0.3%+5.9%---
Other income3.061.381.831.051.820.831.091.43
Total expenses251198219230230207287230
EBITDA30.0040.3041.5024.0237.1235.4939.5424.95
EBITDA margin+10.7%+16.9%+15.9%+9.5%+13.9%+14.6%+12.1%+9.8%
Depreciation7.076.576.655.665.605.084.194.07
Interest1.842.671.040.961.561.411.341.40
Profit before tax24.1532.4435.6418.4531.7829.8335.1020.91
Tax6.238.928.344.448.127.489.015.58
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue1,0201,075759701513436523
Revenue growth-5.2%+41.6%+8.3%+36.8%+17.6%-16.6%-
Other income6.074.709.648.9214.164.623.28
Total expenses877947683639430346446
Employee cost59.2646.4636.7735.3431.5925.2624.22
EBITDA14312876.7362.3782.1989.4076.62
EBITDA margin+14.0%+11.9%+10.1%+8.9%+16.0%+20.5%+14.7%
Depreciation24.4817.4414.4014.3914.2814.0714.10
Interest6.225.703.671.420.931.472.08
Profit before tax11811068.3055.4881.1478.4863.72
Tax29.8228.1917.6613.9320.3620.5214.38
Net profit88.5381.4750.6441.9859.9157.9650.20
Net profit margin+8.7%+7.6%+6.7%+6.0%+11.7%+13.3%+9.6%
EPS (₹)44.0745.0628.0022.9933.6332.0627.29
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital20.0818.0818.0818.0818.0818.0818.08
Reserves & surplus675473394345295234177
Shareholders' funds (net worth)695520423363313252195
Secured loans66.1098.0910494.914.539.538.88
Unsecured loans2.823.434.335.140.911.712.40
Total debt68.921021081005.4411.2411.28
Total liabilities767624533465320265208
Assets
Gross block532464351195187171156
Net block395351252110113111110
Capital work in progress18.6931.9863.2511023.599.2311.19
Investments10964.3145.7460.3624.892.562.19
Inventories15713710484.1964.9557.6657.35
Sundry debtors42.4439.4334.9618.5123.5838.9538.97
Cash & bank balances19.2815.2940.8661.7981.0078.3321.92
Loans & advances97.4359.5951.9463.2924.1025.7625.31
Total current assets316252232228194201144
Total current liabilities68.3280.0179.4669.5476.1159.6959.22
Net working capital24817215215811814184.33
Total assets767624533465320265208
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash1.149.430.842.041.332.721.75
Net cash from operating activities51.7773.9428.426.7679.2366.7058.41
Net cash from investing activities(87.91)(83.16)(32.49)(94.22)(69.98)(64.72)(32.81)
Net cash from financing activities45.810.9312.6686.27(8.54)(3.38)(24.64)
Net change in cash9.66(8.29)8.59(1.20)0.71(1.40)0.97
Closing cash19.2815.2940.8661.7981.0078.3321.92
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-5.2%+41.6%+8.3%+36.8%+17.6%-16.6%-
EBITDA growth+11.6%+67.0%+23.0%-24.1%-8.1%+16.7%-
PBT growth+7.9%+60.6%+23.1%-31.6%+3.4%+23.2%+34.6%
Net income growth+8.7%+60.9%+20.6%-29.9%+3.4%+15.5%-
Revenue CAGR (3Y)+13.3%+28.0%+20.3%+10.3%+8.8%+10.4%+21.6%
EBITDA CAGR (3Y)+31.8%+15.9%-5.0%-6.6%+12.6%+20.2%+24.6%
Profitability & leverage
Net income margin+8.7%+7.6%+6.7%+5.9%+11.9%+13.3%+9.4%
Return on capital employed+17.9%+20.0%+14.4%+14.5%+28.1%+33.8%+34.1%
Return on net worth+14.6%+17.3%+12.9%+12.3%+21.5%+25.9%+28.7%
Debt / equity0.140.220.260.160.030.050.12
Long-term debt / equity0.040.090.160.110.010.020.04
Interest cover5.255.155.892.961.371.953.33
Efficiency & per share
Fixed asset turnover2.072.692.803.682.872.773.50
Inventory turnover7.029.098.129.428.397.889.45
Debtors turnover25.2429.4828.6033.3916.4511.6315.36
EPS (₹)44.0745.0628.0022.9933.6332.0627.29
Dividend per share (₹)2.002.002.001.001.001.001.00
Book value per share (₹)345.97271.52227.90201.01173.04139.29108.01

To see the full year-wise statements and ratios of Associated Alcohols & Breweries Ltd., buy the company report.

Board of directors of Associated Alcohols & Breweries Ltd.

Associated Alcohols & Breweries has 6 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Debashis DasDirector16 May 20206 Years 5 MonthsCurrent
Apurva Pradeep Joshi
Also directs: Paramount Speciality Forgings Limited, Precision Camshafts Limited, Eleganz Interiors Limited and 5 more
Director12 Sep 20206 Years 1 MonthsCurrent
Tushar Bhandari
Also directs: Associated Alcohols & Breweries (Awadh) Limited, Babu Bhagwati Prasad Kedia Foundation
Whole-Time Director05 Jan 20179 Years 10 MonthsCurrent
Swaraj Kumar PuriDirector26 Feb 20242 Years 8 MonthsCurrent
Prasann Kumar Kedia
Also directs: Aadyant Expeditions LLP, Associated Alcohols & Breweries (Awadh) Limited, Babu Bhagwati Prasad Kedia Foundation
Managing Director08 May 20233 Years 6 MonthsCurrent
Anshuman Kedia
Also directs: Associated Alcohols & Breweries (Awadh) Limited, Ekya Ventures LLP
Whole-Time Director08 May 20233 Years 6 MonthsCurrent
View all directors

Auditor

Associated Alcohols & Breweries Ltd. is audited by SINGHI & CO for the financial year 2025.

Auditor firmFinancial yearFirm registration number
SINGHI & COFY 2025302049E

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 62.40%, foreign institutional investors hold 0.70%, domestic institutional investors hold 1.20% and retail and other public shareholders hold 35.70%.

Promoters: 62.40%DII (Domestic Institutional): 1.20%FII (Foreign Institutional): 0.70%Retail & Others: 35.70%
Sep 2026
QUARTER
62.40% Promoters
1.20% DII (Domestic Institutional)
0.70% FII (Foreign Institutional)
35.70% Retail & Others
Promoter holding - history
Now 62.40% · Sep 2026High 62.40% · Jun 2026Low 61.20% · Dec 2025
60%61%62%63%64%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 61.20%Mar 2026: 61.20%Jun 2026: 62.40%Sep 2026: 62.40%62.40%61.20%62.40%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters62.40%62.40%61.20%61.20%
Public37.60%37.60%38.80%38.80%

Charges & borrowings

Open charges
₹298 Cr
Satisfied charges
₹189.04 Cr
Breakdown by lending institutions
Idbi Trusteeship Services Limited₹190.00 Cr
Hdfc Bank Limited₹89.00 Cr
Others₹12.00 Cr
Idbi Bank Limited₹7.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
27 Jun 2023100747354Hdfc Bank Limited₹40 CrOpen
17 Apr 2023100714024Idbi Trusteeship Services Limited₹80 CrOpen
17 Apr 2023100714353Idbi Trusteeship Services Limited₹110 CrOpen
14 Jul 2022100601312Hdfc Bank Limited₹40 CrOpen
24 Feb 2020100369602Hdfc Bank Limited₹9 CrOpen

To see the full charge records of Associated Alcohols & Breweries Ltd., buy the company report.

Total charge records: 23 View all charges

Deals & funding

Associated Alcohols & Breweries Ltd. has 33 deals on record (33 market trades); the latest was in October 2025.

Total deals
33
Market trades
33

Deals on record (5 of 33)

WhenDealAmountParties
Oct 2025Market trade₹24.14 CrBuyer: Irage Broking Services LLP , Equity Intelligence
Seller: Irage Broking Services LLP
May 2024Market trade₹10.52 CrBuyer: Graviton Research Capital LLP
Seller: Graviton Research Capital LLP
Feb 2024Market trade₹14.57 CrBuyer: Graviton Research Capital LLP , an individual
Seller: Graviton Research Capital LLP
Aug 2023Market trade₹11.19 CrBuyer: Graviton Research Capital LLP
Seller: Graviton Research Capital LLP , an individual
Oct 2022Market trade₹5.54 CrBuyer: Ashika Global Securities Private Limited
Seller: Ashika Global Finance Private Limited

To see the full deal history of Associated Alcohols & Breweries Ltd., buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Associated Alcohols & Breweries Ltd. was last rated by Care on 19 Aug 2022.

Rating agencyRated onRating
Care19 Aug 2022

To see the full credit ratings and regulatory alerts of Associated Alcohols & Breweries Ltd., buy the company report.

MSME payment delays

Associated Alcohols & Breweries Ltd. has 3 MSME Form 1 returns on record between 2019 and 2023, listing 63 overdue payments to 43 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 43)

SupplierAmount dueDue sinceReported on
Industry Aid Products
an individual supplier
an individual supplier
Leo Flexipack
Maniks Systems Private Limited

To see the full MSME payment records of Associated Alcohols & Breweries Ltd., buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Associated Alcohols & Breweries has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Associated Alcohols & Breweries (Awadh) LimitedU11012MP2024PLC069967

To see the full group structure of Associated Alcohols & Breweries Ltd., buy the company report.

Employees & EPFO

Associated Alcohols & Breweries Ltd. has a workforce of 587 employees on its EPFO records as of Aug 28, 2024, across 1 active EPFO establishment.

Employee count
587
Active EPFO establishments
1
Employee growth
5.01%

GST

Associated Alcohols & Breweries has 8 GST registrations: 4 active and 4 cancelled or inactive.

Total GSTINs
8
Active
4
Cancelled / inactive
4
GSTINStateStatusRegistered on
23AAECA2674B1Z8Madhya PradeshActive01 Jul 2017
23AAECA2674B2Z7Madhya PradeshActive26 Jun 2021
32AAECA2674B1Z9KeralaActive19 Apr 2018
30AAECA2674B1ZDGoaActive06 Feb 2025

To see the full GST registrations and return filing status of Associated Alcohols & Breweries Ltd., buy the company report.

Recent activity

Associated Alcohols & Breweries Ltd. has 32 board changes on record since 1990: 19 appointments and 13 cessations. The latest: Nitin Tibrewal ceased to be Director on 31 Mar 2024.

Charges
A charge registered on 25 Mar 2021 via Charge ID 100434686 with Hdfc Bank Limited was fully satisfied on 30 Jun 2026.
Charges
A charge registered on 31 Dec 2020 via Charge ID 100403262 with Hdfc Bank Limited was fully satisfied on 25 Jun 2026.
Filing
Associated Alcohols & Breweries Ltd. has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Gwalior.
Charges
A charge with Idbi Trusteeship Services Limited of Rs. 80.00 Cr registered on 17 Apr 2023 with Charge ID 100714024 was modified on 15 Oct 2025.
Charges
A charge with Idbi Trusteeship Services Limited of Rs. 110.00 Cr registered on 17 Apr 2023 with Charge ID 100714353 was modified on 15 Oct 2025.
AGM
Associated Alcohols & Breweries Ltd. last Annual general meeting of members was held on 02 Aug 2025 as per latest MCA records.
Ceased
Nitin Tibrewal ceased to be Director.
Appointed
Swaraj Kumar Puri was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 40.00 Cr with Charge ID 100747354 was registered on 27 Jun 2023.
Ceased
Homai Ardeshir Daruwalla ceased to be Director.
Appointed
Anshuman Kedia was appointed as Whole-Time Director.
Appointed
Prasann Kumar Kedia was appointed as Managing Director.

79 earlier events are in the company report.

News

Frequently asked questions

Associated Alcohols & Breweries is an active public limited company based in Indore, Madhya Pradesh, India. The company works in alcoholic beverage manufacturing and distribution, within the food and beverages industry. It was incorporated on 07 July 1989 (37+ years old) and is registered under CIN L15520MP1989PLC049380. Listed on BSE: 507526 and NSE: ASALCBR.

Associated Alcohols & Breweries reported revenue of ₹1,019.68 Cr for FY 2025-26 (down 5.2% YoY) based on consolidated financials.

Associated Alcohols & Breweries has 6 current directors:

The latest financial statements of Associated Alcohols & Breweries on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 02 August 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Associated Alcohols & Breweries is 23AAECA2674B1Z8, registered in Madhya Pradesh. The company has 8 GST registrations in all, of which 4 are active and 4 are cancelled or inactive. Other active GSTINs include 23AAECA2674B2Z7 (Madhya Pradesh), 32AAECA2674B1Z9 (Kerala), 30AAECA2674B1ZD (Goa).

The CIN (Corporate Identification Number) of Associated Alcohols & Breweries is L15520MP1989PLC049380. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Associated Alcohols & Breweries is a listed company as per MCA records. Its shares are listed on both BSE (code: 507526) and NSE (symbol: ASALCBR).

Associated Alcohols & Breweries has 82 court cases on record: 72 filed by the company and 10 filed against it. 43 are pending. Most are in the high courts.

Associated Alcohols & Breweries was incorporated on 07 July 1989, making it 37+ years old. It is registered with the Registrar of Companies, Gwalior.

Associated Alcohols & Breweries has 33 deals on record (33 market trades); the latest was in October 2025.

Nitin Tibrewal ceased to be Director on 31 Mar 2024. Swaraj Kumar Puri was appointed as Director on 26 Feb 2024. Homai Ardeshir Daruwalla ceased to be Director on 15 May 2023. Associated Alcohols & Breweries has 32 board changes on record in total.