About Associated Alcohols & Breweries Ltd.
Data last updated: 25 September 2026
Associated Alcohols & Breweries Ltd. is a public limited company based in Indore, Madhya Pradesh, India. It specialises in alcoholic beverage manufacturing and distribution, a part of the broader food and beverages sector. Incorporated on 07 July 1989, the company has been in operation for over 37 years.
Registered with ROC Gwalior under CIN L15520MP1989PLC049380. Listed on BSE: 507526 and NSE: ASALCBR.
Capital: an authorised share capital of ₹25 Cr and a paid-up capital of ₹20.08 Cr. It is led by directors including Debashis Das and Apurva Pradeep Joshi.
Last AGM: 02 August 2025. Financial statements filed for year ended 31 March 2025. Office: 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 5.17% compared to the previous year. The net worth stands at ₹694.61 Cr (up 33.52% YoY). Total assets are valued at ₹766.92 Cr (up 22.98% YoY).
The company has a workforce of approximately 587 employees as per the latest available data. 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.
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.
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EmailLocked
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Registered Address4Th Floor Bpk Star Tower A.B. Road, Indore, Madhya Pradesh, India – 452008
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IndustryFood and Beverages, Alcoholic Beverage Manufacturing & Distribution
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Associated Alcohols & Breweries Ltd.
Associated Alcohols & Breweries Ltd. has one previous CIN (Corporate Identification Number): L15520WB1989PLC047211. The current CIN is L15520MP1989PLC049380, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L15520MP1989PLC049380 | Current |
| L15520WB1989PLC047211 | Previous |
Associated Brands with Associated Alcohols & Breweries Ltd.
Associated Alcohols & Breweries Ltd. operates one associated brand: Associated Alcohols & Breweries. These brands represent Associated Alcohols & Breweries Ltd.'s diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Liquor products including IMFL, IMIL, and beer are manufactured. | associatedalcohols.com |
Competitors & Alternatives of Associated Alcohols & Breweries Ltd.
Brands and companies operating in the same space as Associated Alcohols & Breweries Ltd. include Diageo, John Distilleries, Diageo India and 4 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
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Multi-category alcoholic beverage company | London, United Kingdom, United Kingdom | 1886 |
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Brand of whiskey, rum, brandy, and wines | Bengaluru, India, India | 1996 |
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Multi-category alcoholic beverages are produced and distributed by Diageo India. | Bengaluru, India, India | 1826 |
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Brand of wines and spirits | Mumbai, India, India | 2021 |
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Operates as a multi-category company in the alcoholic beverages industry. | Gurugram, India, India | 1993 |
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Multi-category craft alcoholic beverages are produced and offered by DesmondJi. | Panaji, India, India | 2007 |
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Liquor is processed and managed by SOM Group of Companies. | Bhopal, India, India | 1986 |
Business Activity of Associated Alcohols & Breweries Ltd.
Associated Alcohols & Breweries Ltd. is engaged in the principal business activity of manufacturing, with detailed activities including food, beverages and tobacco products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products | Locked |
Business activity turnover details for Associated Alcohols & Breweries Ltd.
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Associated Alcohols & Breweries Ltd.
Associated Alcohols & Breweries Ltd. is audited by SINGHI & CO for the financial year 2024. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SINGHI & CO | Locked | Locked | Locked |
Complete auditor history for Associated Alcohols & Breweries Ltd.
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Associated Alcohols & Breweries Ltd.
Associated Alcohols & Breweries Ltd. is currently managed by 6 directors, with 14 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Debashis Das
Also directs:
Associated Alcohols & Breweries Ltd.
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Director | 16 May 2020 | 6 Years 4 Months | Current |
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Apurva Pradeep Joshi
Also directs:
Associated Alcohols & Breweries Ltd., Paramount Speciality Forgings Limited, Precision Camshafts Limited and 5 more
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Director | 12 Sep 2020 | 6 Years 0 Months | Current |
| Tushar Bhandari | Whole-Time Director | 05 Jan 2017 | 9 Years 8 Months | Current |
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Swaraj Kumar Puri
Also directs:
Associated Alcohols & Breweries Ltd.
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Director | 26 Feb 2024 | 2 Years 7 Months | Current |
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Prasann Kumar Kedia
Also directs:
Aadyant Expeditions Llp, Associated Alcohols & Breweries Ltd., Associated Alcohols & Breweries (Awadh) Limited and 1 more
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Managing Director | 08 May 2023 | 3 Years 4 Months | Current |
| Anshuman Kedia | Whole-Time Director | 08 May 2023 | 3 Years 4 Months | Current |
Financials of Associated Alcohols & Breweries Ltd. FY 2025-26 filings available
Associated Alcohols & Breweries Ltd. reported revenue of ₹1,019.68 Cr (down 5.17% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2014-15 | FY 2013-14 | FY 2012-13 | FY 2006-07 | FY 2005-06 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,020 | 1,075 | 298 | 213 | 157 | 63.51 | 92.17 |
| Revenue growth | -7.4% | +254.1% | +37.2% | +34.1% | +143.2% | -32.8% | +9997.0% |
| EBITDA | 143 | 128 | 30.95 | 18.24 | 11.75 | 3.72 | 3.25 |
| EBITDA margin | +14.0% | +11.9% | +10.4% | +8.6% | +7.5% | +5.9% | +3.5% |
| Profit before tax | 118 | 110 | 18.41 | 9.80 | 5.50 | 1.51 | 0.92 |
| Net profit | 88.50 | 81.42 | 10.89 | 5.85 | 3.30 | 0.68 | 2.66 |
| Net profit margin | +8.7% | +7.6% | +3.7% | +2.7% | +2.1% | +1.1% | +2.9% |
| EPS (₹) | 44.05 | 45.03 | 13.54 | 6.46 | 3.66 | 1.80 | 3.99 |
| Balance sheet | |||||||
| Total assets | 767 | 624 | 115 | 152 | 120 | 64.40 | 65.01 |
| Net worth | 695 | 520 | 67.69 | 57.11 | 51.27 | 29.59 | 28.57 |
| Total debt | 68.92 | 102 | 44.99 | 91.56 | 63.77 | 34.81 | 36.44 |
| Cash & bank | 19.31 | 15.33 | 12.28 | 16.98 | 10.78 | 3.17 | 3.94 |
| Net working capital | 248 | 172 | 23.43 | 54.88 | 23.25 | 34.03 | 35.09 |
| Cash flow | |||||||
| Cash from operations | 51.77 | 73.92 | 47.42 | (13.03) | 17.71 | 2.96 | (2.02) |
| Cash from investing | (87.93) | (83.09) | (5.76) | (9.07) | (37.30) | (2.09) | (2.14) |
| Cash from financing | 45.81 | 0.93 | (46.52) | 27.50 | 21.86 | (1.64) | 6.27 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 281 | 238 | 260 | 254 | 267 | 242 | 327 | 255 |
| Revenue growth (YoY) | +5.3% | -1.6% | -20.4% | -0.3% | +5.9% | +9997.0% | +9997.0% | +9997.0% |
| Other income | 3.10 | 1.37 | 1.82 | 1.04 | 1.81 | 0.82 | 1.09 | 1.42 |
| EBITDA | 29.86 | 40.29 | 41.50 | 24.02 | 37.12 | 35.49 | 39.54 | 24.95 |
| EBITDA margin | +10.6% | +16.9% | +15.9% | +9.5% | +13.9% | +14.6% | +12.1% | +9.8% |
| Depreciation | 7.07 | 6.57 | 6.65 | 5.66 | 5.60 | 5.08 | 4.19 | 4.07 |
| Interest | 1.84 | 2.67 | 1.04 | 0.96 | 1.56 | 1.41 | 1.34 | 1.40 |
| Profit before tax | 24.05 | 32.42 | 35.63 | 18.44 | 31.77 | 29.82 | 35.10 | 20.90 |
| Tax | 6.23 | 8.92 | 8.34 | 4.44 | 8.12 | 7.49 | 9.01 | 5.58 |
| Net profit | 17.82 | 23.50 | 27.29 | 14.00 | 23.65 | 22.33 | 26.09 | 15.32 |
| EPS (₹) | 8.88 | 12.25 | 14.06 | 7.48 | 12.42 | 12.14 | 14.04 | 8.40 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,020 | 1,075 | 759 | 701 | 513 | 436 | 523 |
| Revenue growth | -7.4% | +38.8% | +6.9% | +48.4% | +24.3% | -22.3% | +30.8% |
| EBITDA | 143 | 128 | 76.73 | 62.37 | 82.19 | 89.40 | 76.62 |
| EBITDA margin | +14.0% | +11.9% | +10.1% | +8.9% | +16.0% | +20.5% | +14.7% |
| Profit before tax | 118 | 110 | 68.30 | 55.48 | 81.14 | 78.48 | 63.72 |
| Net profit | 88.53 | 81.47 | 50.64 | 41.98 | 59.91 | 57.96 | 50.20 |
| Net profit margin | +8.7% | +7.6% | +6.7% | +6.0% | +11.7% | +13.3% | +9.6% |
| EPS (₹) | 44.07 | 45.06 | 28.00 | 22.99 | 33.63 | 32.06 | 27.29 |
| Balance sheet | |||||||
| Total assets | 767 | 624 | 533 | 465 | 320 | 265 | 208 |
| Net worth | 695 | 520 | 423 | 363 | 313 | 252 | 195 |
| Total debt | 68.92 | 102 | 108 | 100 | 5.44 | 11.24 | 11.28 |
| Cash & bank | 19.28 | 15.29 | 40.86 | 61.79 | 81.00 | 78.33 | 21.92 |
| Net working capital | 248 | 172 | 152 | 158 | 118 | 141 | 84.33 |
| Cash flow | |||||||
| Cash from operations | 51.77 | 73.94 | 28.42 | 6.76 | 79.23 | 66.70 | 58.41 |
| Cash from investing | (87.91) | (83.16) | (32.49) | (94.22) | (69.98) | (64.72) | (32.81) |
| Cash from financing | 45.81 | 0.93 | 12.66 | 86.27 | (8.54) | (3.38) | (24.64) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 281 | 238 | 260 | 254 | 267 | 242 | 327 | 255 |
| Revenue growth (YoY) | +5.3% | -1.6% | -20.4% | -0.3% | +5.9% | +0.1% | +71.3% | +49.5% |
| Other income | 3.06 | 1.38 | 1.83 | 1.05 | 1.82 | 0.83 | 1.09 | 1.43 |
| Total expenses | 251 | 198 | 219 | 230 | 230 | 207 | 287 | 230 |
| EBITDA | 30.00 | 40.30 | 41.50 | 24.02 | 37.12 | 35.49 | 39.54 | 24.95 |
| EBITDA margin | +10.7% | +16.9% | +15.9% | +9.5% | +13.9% | +14.6% | +12.1% | +9.8% |
| Depreciation | 7.07 | 6.57 | 6.65 | 5.66 | 5.60 | 5.08 | 4.19 | 4.07 |
| Interest | 1.84 | 2.67 | 1.04 | 0.96 | 1.56 | 1.41 | 1.34 | 1.40 |
| Profit before tax | 24.15 | 32.44 | 35.64 | 18.45 | 31.78 | 29.83 | 35.10 | 20.91 |
| Tax | 6.23 | 8.92 | 8.34 | 4.44 | 8.12 | 7.48 | 9.01 | 5.58 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 281 | 238 | 260 | 254 | 267 | 242 | 327 | 255 |
| Revenue growth (YoY) | +5.3% | -1.6% | -20.4% | -0.3% | +5.9% | +9997.0% | +9997.0% | +9997.0% |
| Other income | 3.10 | 1.37 | 1.82 | 1.04 | 1.81 | 0.82 | 1.09 | 1.42 |
| EBITDA | 29.86 | 40.29 | 41.50 | 24.02 | 37.12 | 35.49 | 39.54 | 24.95 |
| EBITDA margin | +10.6% | +16.9% | +15.9% | +9.5% | +13.9% | +14.6% | +12.1% | +9.8% |
| Depreciation | 7.07 | 6.57 | 6.65 | 5.66 | 5.60 | 5.08 | 4.19 | 4.07 |
| Interest | 1.84 | 2.67 | 1.04 | 0.96 | 1.56 | 1.41 | 1.34 | 1.40 |
| Profit before tax | 24.05 | 32.42 | 35.63 | 18.44 | 31.77 | 29.82 | 35.10 | 20.90 |
| Tax | 6.23 | 8.92 | 8.34 | 4.44 | 8.12 | 7.49 | 9.01 | 5.58 |
| Net profit | 17.82 | 23.50 | 27.29 | 14.00 | 23.65 | 22.33 | 26.09 | 15.32 |
| EPS (₹) | 8.88 | 12.25 | 14.06 | 7.48 | 12.42 | 12.14 | 14.04 | 8.40 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2014-15 | FY 2013-14 | FY 2012-13 | FY 2006-07 | FY 2005-06 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,020 | 1,075 | 298 | 213 | 157 | 63.51 | 92.17 |
| Revenue growth | -7.4% | +254.1% | +37.2% | +34.1% | +143.2% | -32.8% | +9997.0% |
| Other income | 6.05 | 4.68 | 4.10 | 5.16 | 2.74 | 3.03 | 2.91 |
| Total expenses | 877 | 947 | 268 | 195 | 145 | 59.79 | 88.92 |
| Employee cost | 59.26 | 46.46 | 16.66 | 7.83 | 4.16 | 1.43 | 1.44 |
| EBITDA | 143 | 128 | 30.95 | 18.24 | 11.75 | 3.72 | 3.25 |
| EBITDA margin | +14.0% | +11.9% | +10.4% | +8.6% | +7.5% | +5.9% | +3.5% |
| Depreciation | 24.48 | 17.44 | 10.10 | 6.58 | 4.95 | 3.11 | 2.65 |
| Interest | 6.22 | 5.70 | 6.54 | 7.02 | 4.04 | 2.13 | 2.59 |
| Profit before tax | 118 | 110 | 18.41 | 9.80 | 5.50 | 1.51 | 0.92 |
| Tax | 29.82 | 28.19 | 6.09 | 3.95 | 2.20 | 0.30 | (1.69) |
| Net profit | 88.50 | 81.42 | 10.89 | 5.85 | 3.30 | 0.68 | 2.66 |
| Net profit margin | +8.7% | +7.6% | +3.7% | +2.7% | +2.1% | +1.1% | +2.9% |
| EPS (₹) | 44.05 | 45.03 | 13.54 | 6.46 | 3.66 | 1.80 | 3.99 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2014-15 | FY 2013-14 | FY 2012-13 | FY 2006-07 | FY 2005-06 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 20.08 | 18.08 | 9.04 | 9.04 | 9.04 | 6.54 | 6.54 |
| Reserves & surplus | 675 | 473 | 58.65 | 48.07 | 42.23 | 23.05 | 22.03 |
| Shareholders' funds (net worth) | 695 | 520 | 67.69 | 57.11 | 51.27 | 29.59 | 28.57 |
| Minority interest | 0.00 | 0.00 | 0.73 | 0.73 | 0.73 | 0.00 | 0.00 |
| Secured loans | 66.10 | 98.09 | 39.72 | 52.04 | 48.47 | 15.41 | 15.84 |
| Unsecured loans | 2.82 | 3.43 | 5.27 | 39.52 | 15.30 | 19.40 | 20.60 |
| Total debt | 68.92 | 102 | 44.99 | 91.56 | 63.77 | 34.81 | 36.44 |
| Total liabilities | 767 | 624 | 115 | 152 | 120 | 64.40 | 65.01 |
| Assets | |||||||
| Gross block | 532 | 464 | 139 | 141 | 127 | 58.93 | 53.00 |
| Net block | 395 | 351 | 94.09 | 98.47 | 88.87 | 34.93 | 31.96 |
| Capital work in progress | 18.69 | 31.98 | 1.61 | 0.32 | 7.65 | 2.10 | 3.24 |
| Investments | 108 | 64.30 | 3.46 | 3.81 | 3.81 | 0.00 | 1.55 |
| Inventories | 157 | 137 | 31.69 | 26.25 | 22.56 | 13.25 | 13.20 |
| Sundry debtors | 42.44 | 39.43 | 8.18 | 7.43 | 8.71 | 16.13 | 24.84 |
| Cash & bank balances | 19.31 | 15.33 | 12.28 | 16.98 | 10.78 | 3.17 | 3.94 |
| Loans & advances | 97.43 | 59.59 | 16.37 | 33.58 | 17.53 | 14.47 | 6.88 |
| Total current assets | 316 | 252 | 68.52 | 84.24 | 59.58 | 47.02 | 48.86 |
| Total current liabilities | 68.33 | 80.01 | 45.09 | 29.36 | 36.33 | 12.99 | 13.77 |
| Net working capital | 248 | 172 | 23.43 | 54.88 | 23.25 | 34.03 | 35.09 |
| Total assets | 767 | 624 | 115 | 152 | 120 | 64.40 | 65.01 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2014-15 | FY 2013-14 | FY 2012-13 | FY 2006-07 | FY 2005-06 |
|---|---|---|---|---|---|---|---|
| Opening cash | 1.19 | 9.43 | 15.11 | 9.71 | 8.51 | 3.94 | 1.83 |
| Net cash from operating activities | 51.77 | 73.92 | 47.42 | (13.03) | 17.71 | 2.96 | (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 activities | 45.81 | 0.93 | (46.52) | 27.50 | 21.86 | (1.64) | 6.27 |
| Net change in cash | 9.65 | (8.24) | (4.86) | 5.40 | 2.27 | (0.77) | 2.11 |
| Closing cash | 19.31 | 15.33 | 12.28 | 16.98 | 10.78 | 3.17 | 3.94 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2014-15 | FY 2013-14 | FY 2012-13 | FY 2006-07 | FY 2005-06 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -5.2% | +260.3% | +40.0% | +35.7% | +147.5% | -31.1% | +9997.0% |
| EBITDA growth | +11.6% | +313.8% | +69.7% | +55.2% | +215.9% | +14.5% | +9997.0% |
| PBT growth | +7.9% | +495.4% | +87.9% | +78.2% | +264.2% | +64.1% | +9997.0% |
| Net income growth | +8.7% | +647.7% | +86.2% | +77.3% | +385.3% | -74.4% | +9997.0% |
| 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 / equity | 0.14 | 0.20 | 1.09 | 1.43 | 1.24 | 1.23 | 1.17 |
| Long-term debt / equity | 0.04 | 0.06 | 0.70 | 0.94 | 0.77 | 0.80 | 0.74 |
| Interest cover | 5.25 | 5.15 | 31.37 | 60.21 | 59.41 | 349.18 | 431.67 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.07 | 2.36 | 2.13 | 1.59 | 1.24 | 1.55 | 1.76 |
| Inventory turnover | 7.02 | 7.99 | 10.31 | 8.74 | 6.97 | 6.54 | 8.16 |
| Debtors turnover | 25.24 | 27.81 | 38.27 | 26.43 | 18.06 | 4.22 | 4.25 |
| EPS (₹) | 44.05 | 45.03 | 13.54 | 6.46 | 3.66 | 1.80 | 3.99 |
| Dividend per share (₹) | 2.00 | 2.00 | 0.50 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 345.94 | 271.50 | 74.88 | 63.18 | 56.72 | 45.24 | 43.69 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 281 | 238 | 260 | 254 | 267 | 242 | 327 | 255 |
| Revenue growth (YoY) | +5.3% | -1.6% | -20.4% | -0.3% | +5.9% | +0.1% | +71.3% | +49.5% |
| Other income | 3.06 | 1.38 | 1.83 | 1.05 | 1.82 | 0.83 | 1.09 | 1.43 |
| Total expenses | 251 | 198 | 219 | 230 | 230 | 207 | 287 | 230 |
| EBITDA | 30.00 | 40.30 | 41.50 | 24.02 | 37.12 | 35.49 | 39.54 | 24.95 |
| EBITDA margin | +10.7% | +16.9% | +15.9% | +9.5% | +13.9% | +14.6% | +12.1% | +9.8% |
| Depreciation | 7.07 | 6.57 | 6.65 | 5.66 | 5.60 | 5.08 | 4.19 | 4.07 |
| Interest | 1.84 | 2.67 | 1.04 | 0.96 | 1.56 | 1.41 | 1.34 | 1.40 |
| Profit before tax | 24.15 | 32.44 | 35.64 | 18.45 | 31.78 | 29.83 | 35.10 | 20.91 |
| Tax | 6.23 | 8.92 | 8.34 | 4.44 | 8.12 | 7.48 | 9.01 | 5.58 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,020 | 1,075 | 759 | 701 | 513 | 436 | 523 |
| Revenue growth | -7.4% | +38.8% | +6.9% | +48.4% | +24.3% | -22.3% | +30.8% |
| Other income | 6.07 | 4.70 | 9.64 | 8.92 | 14.16 | 4.62 | 3.28 |
| Total expenses | 877 | 947 | 683 | 639 | 430 | 346 | 446 |
| Employee cost | 59.26 | 46.46 | 36.77 | 35.34 | 31.59 | 25.26 | 24.22 |
| EBITDA | 143 | 128 | 76.73 | 62.37 | 82.19 | 89.40 | 76.62 |
| EBITDA margin | +14.0% | +11.9% | +10.1% | +8.9% | +16.0% | +20.5% | +14.7% |
| Depreciation | 24.48 | 17.44 | 14.40 | 14.39 | 14.28 | 14.07 | 14.10 |
| Interest | 6.22 | 5.70 | 3.67 | 1.42 | 0.93 | 1.47 | 2.08 |
| Profit before tax | 118 | 110 | 68.30 | 55.48 | 81.14 | 78.48 | 63.72 |
| Tax | 29.82 | 28.19 | 17.66 | 13.93 | 20.36 | 20.52 | 14.38 |
| Net profit | 88.53 | 81.47 | 50.64 | 41.98 | 59.91 | 57.96 | 50.20 |
| Net profit margin | +8.7% | +7.6% | +6.7% | +6.0% | +11.7% | +13.3% | +9.6% |
| EPS (₹) | 44.07 | 45.06 | 28.00 | 22.99 | 33.63 | 32.06 | 27.29 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 20.08 | 18.08 | 18.08 | 18.08 | 18.08 | 18.08 | 18.08 |
| Reserves & surplus | 675 | 473 | 394 | 345 | 295 | 234 | 177 |
| Shareholders' funds (net worth) | 695 | 520 | 423 | 363 | 313 | 252 | 195 |
| Secured loans | 66.10 | 98.09 | 104 | 94.91 | 4.53 | 9.53 | 8.88 |
| Unsecured loans | 2.82 | 3.43 | 4.33 | 5.14 | 0.91 | 1.71 | 2.40 |
| Total debt | 68.92 | 102 | 108 | 100 | 5.44 | 11.24 | 11.28 |
| Total liabilities | 767 | 624 | 533 | 465 | 320 | 265 | 208 |
| Assets | |||||||
| Gross block | 532 | 464 | 351 | 195 | 187 | 171 | 156 |
| Net block | 395 | 351 | 252 | 110 | 113 | 111 | 110 |
| Capital work in progress | 18.69 | 31.98 | 63.25 | 110 | 23.59 | 9.23 | 11.19 |
| Investments | 109 | 64.31 | 45.74 | 60.36 | 24.89 | 2.56 | 2.19 |
| Inventories | 157 | 137 | 104 | 84.19 | 64.95 | 57.66 | 57.35 |
| Sundry debtors | 42.44 | 39.43 | 34.96 | 18.51 | 23.58 | 38.95 | 38.97 |
| Cash & bank balances | 19.28 | 15.29 | 40.86 | 61.79 | 81.00 | 78.33 | 21.92 |
| Loans & advances | 97.43 | 59.59 | 51.94 | 63.29 | 24.10 | 25.76 | 25.31 |
| Total current assets | 316 | 252 | 232 | 228 | 194 | 201 | 144 |
| Total current liabilities | 68.32 | 80.01 | 79.46 | 69.54 | 76.11 | 59.69 | 59.22 |
| Net working capital | 248 | 172 | 152 | 158 | 118 | 141 | 84.33 |
| Total assets | 767 | 624 | 533 | 465 | 320 | 265 | 208 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 1.14 | 9.43 | 0.84 | 2.04 | 1.33 | 2.72 | 1.75 |
| Net cash from operating activities | 51.77 | 73.94 | 28.42 | 6.76 | 79.23 | 66.70 | 58.41 |
| Net cash from investing activities | (87.91) | (83.16) | (32.49) | (94.22) | (69.98) | (64.72) | (32.81) |
| Net cash from financing activities | 45.81 | 0.93 | 12.66 | 86.27 | (8.54) | (3.38) | (24.64) |
| Net change in cash | 9.66 | (8.29) | 8.59 | (1.20) | 0.71 | (1.40) | 0.97 |
| Closing cash | 19.28 | 15.29 | 40.86 | 61.79 | 81.00 | 78.33 | 21.92 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -5.2% | +41.6% | +8.3% | +36.8% | +17.6% | -16.6% | +31.1% |
| EBITDA growth | +11.6% | +67.0% | +23.0% | -24.1% | -8.1% | +16.7% | +32.9% |
| 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% | +65.7% |
| 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 / equity | 0.14 | 0.22 | 0.26 | 0.16 | 0.03 | 0.05 | 0.12 |
| Long-term debt / equity | 0.04 | 0.09 | 0.16 | 0.11 | 0.01 | 0.02 | 0.04 |
| Interest cover | 5.25 | 5.15 | 5.89 | 2.96 | 1.37 | 1.95 | 3.33 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.07 | 2.69 | 2.80 | 3.68 | 2.87 | 2.77 | 3.50 |
| Inventory turnover | 7.02 | 9.09 | 8.12 | 9.42 | 8.39 | 7.88 | 9.45 |
| Debtors turnover | 25.24 | 29.48 | 28.60 | 33.39 | 16.45 | 11.63 | 15.36 |
| EPS (₹) | 44.07 | 45.06 | 28.00 | 22.99 | 33.63 | 32.06 | 27.29 |
| Dividend per share (₹) | 2.00 | 2.00 | 2.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Book value per share (₹) | 345.97 | 271.52 | 227.90 | 201.01 | 173.04 | 139.29 | 108.01 |
Shareholding Pattern of Associated Alcohols & Breweries Ltd.
As per the shareholding pattern for the quarter ended Jun 2026, promoters hold 62.40%, foreign institutional investors hold 0.70%, domestic institutional investors hold 1.20%, retail and other public shareholders hold 35.70% of Associated Alcohols & Breweries Ltd..
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | |
|---|---|---|---|---|
| Promoters | 62.40% | 62.40% | 61.20% | 61.20% |
| Public | 37.60% | 37.60% | 38.80% | 38.80% |
Group Structure of Associated Alcohols & Breweries Ltd.
Associated Alcohols & Breweries Ltd. has 1 subsidiary company. This group structure data is as of FY 2024. The corporate group structure reflects Associated Alcohols & Breweries Ltd.'s business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Associated Alcohols & Breweries (Awadh) Limited | U11012MP2024PLC069967 | - |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Associated Alcohols & Breweries Ltd.
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jun 2023 | Hdfc Bank Limited | ₹40 Cr | Open |
| 17 Apr 2023 | Idbi Trusteeship Services Limited | ₹80 Cr | Open |
| 17 Apr 2023 | Idbi Trusteeship Services Limited | ₹110 Cr | Open |
| 14 Jul 2022 | Hdfc Bank Limited | ₹40 Cr | Open |
| 24 Feb 2020 | Hdfc Bank Limited | ₹9 Cr | Open |
Total charge records: 23 View all charges
Employees and EPFO Compliance at Associated Alcohols & Breweries Ltd.
Associated Alcohols & Breweries Ltd. has a workforce of 587 employees as of Aug 28, 2024.
Employee and EPFO history for Associated Alcohols & Breweries Ltd.
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GST Compliance of Associated Alcohols & Breweries Ltd.
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Credit Ratings, Litigation & Regulatory Alerts for Associated Alcohols & Breweries Ltd.
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MSME Payment Delays by Associated Alcohols & Breweries Ltd.
MSME payment history for Associated Alcohols & Breweries Ltd.
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Subsidiaries & Group Companies of Associated Alcohols & Breweries Ltd.
Corporate group structure for Associated Alcohols & Breweries Ltd.
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MCA Filings & Documents of Associated Alcohols & Breweries Ltd.
MCA filings and documents for Associated Alcohols & Breweries Ltd.
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Recent Activity on Associated Alcohols & Breweries Ltd.
Recent News on Associated Alcohols & Breweries Ltd.
Frequently Asked Questions about Associated Alcohols & Breweries Ltd.
Associated Alcohols & Breweries Ltd. is an active public limited company in the food and beverages sector based in Indore, Madhya Pradesh, India. It was incorporated on 07 July 1989 (37+ years old) and is registered under CIN L15520MP1989PLC049380. Listed on BSE: 507526 and NSE: ASALCBR. The company has 587 employees.
Associated Alcohols & Breweries Ltd. reported revenue of ₹1,019.68 Cr for FY 2025-26 (down 5.17% YoY) based on consolidated financials.
The current directors of Associated Alcohols & Breweries Ltd. are:
- Debashis Das - Director
- Apurva Pradeep Joshi - Director
- Tushar Bhandari - Whole-Time Director
- Swaraj Kumar Puri - Director
- Prasann Kumar Kedia - Managing Director
- Anshuman Kedia - Whole-Time Director
The primary industry of Associated Alcohols & Breweries Ltd. is food and beverages. The company specifically operates in alcoholic beverage manufacturing and distribution. The company is currently active in this sector.
Yes. Associated Alcohols & Breweries Ltd. is listed on both BSE (code: 507526) and NSE (symbol: ASALCBR).
Associated Alcohols & Breweries Ltd. can be reached at the registered office: 4Th Floor Bpk Star Tower A.B. Road, Indore, Madhya Pradesh, India – 452008, or through the website associatedalcohols.com.