G.M.Breweries

Mumbai, India Founded: 1981 • Age: 45 yrs Listed
Manufacturer and marketer of alcoholic beverages

About G.M.Breweries

G.M.Breweries is a publicly listed company based in Mumbai (India) founded in 1981. Manufacturer and marketer of alcoholic beverages. The company has 373 employees. Its Indian entity G M Breweries Limited reported revenue of β‚Ή778 Cr. Its focus areas include Food and Agriculture, Alcoholic Beverage Products, Spirits and Multi-category. Similar companies include Allied Blenders and Distillers, Nao Spirits and John Distilleries; 1 of its 3 listed similar companies has raised funding.

Company details

G.M.Breweries was established in 1981 and is headquartered in Mumbai, India. Operations focus on the production and distribution of alcoholic beverages, including country liquor and Indian made foreign liquor. Products such as Santra, Doctor, Limbu Punch, and Dilbahar Sounf are included in the portfolio. An automatic bottling plant is maintained at Thane, enabling a daily output of approximately 50,000 cases.

  • Headquarters Mumbai, India
  • Employees 373
  • Stage Public
  • Sectors
    Consumer
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website gmbreweries.com
  • Legal Name G.M. Breweries Ltd.
Key Metrics
  • Market Cap
    ₹1,917 Cr

    GMBREW · NSE

  • Share Price
    ₹837.50

    -0.18% today

  • Revenue
    ₹748 Cr

    FY 2025-26 · +17.5% YoY

  • EBITDA
    ₹181 Cr

    Margin 24.2%

  • Net Profit
    ₹126 Cr

    FY 2025-26 · -1.3% YoY

  • P/E (TTM)
    11.0x

    P/B 1.7x

  • ROE
    12.5%

    ROCE 17.9%

  • Employee Count
    373

Board of directors of G M Breweries Limited (G.M.Breweries)

G M Breweries Limited is the primary company behind G.M.Breweries. The board of G M Breweries Limited currently have 6 directors; the longest-serving is Jimmy William Almeida Kashyap, appointed in 1981. 8 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Jimmy William Almeida Kashyap
DIN 00111905
Managing Director09 Dec 198144 yrs 10 moG M Breweries Limited
Jyoti Jimmy Almeida Kashyap
DIN 00112031
Whole-time director30 Jul 199828 yrs 3 moG M Breweries Limited
Kiran Yashawant Parashare
DIN 06587810
Whole-time director07 Jan 201412 yrs 10 moG M Breweries Limited
Shivani Soni
DIN 08936153
Director07 Jan 20215 yrs 10 moG M Breweries Limited
Urmi Alpesh Shah
DIN 08934537
Director07 Jan 20215 yrs 10 moG M Breweries Limited
Hardik Prabodhkumar Shah
DIN 05268078
Director11 Nov 202511 moG M Breweries Limited

IPO & Listings of G.M.Breweries

G.M.Breweries is a publicly listed company on the NSE with ticker symbol GMBREW in India, operating in the Consumer non-durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date23 Aug 1995
  • Listed onNSE: GMBREW
  • Listed entityG.M. Breweries Ltd.
  • Exchange sectorConsumer non-durables
  • ISININE075D01018
  • Share price₹876.55 (+0.81% on the day) · 2026-10-14
  • Market capitalisation₹1,986 Cr
  • Price to earnings11.6
  • EPS (diluted, trailing year)₹75.77
  • Dividend yield1.04%
  • Volume (last session)24,486

Financials of G.M.Breweries

Exchange-reported figures of G M Breweries Limited, the listed company behind G.M.Breweries (NSE: GMBREW).

Financial Highlights

FY 2025-26 Β· Consolidated
Revenue
₹748 Cr
+17.5% YoY
EBITDA
₹181 Cr
+53.6% YoY
Profit After Tax
₹126 Cr
-1.3% YoY
Net Worth
₹1,078 Cr
+14.9% YoY
Total Assets
₹1,079 Cr
+14.9% YoY
Total Debt
Nil

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25
Income statement
Revenue748637
Revenue growth+17.5%-
EBITDA181118
EBITDA margin+24.2%+18.5%
Profit before tax205160
Net profit126128
Net profit margin+16.9%+20.1%
EPS (β‚Ή)68.6256.46
Balance sheet
Total assets1,079939
Net worth1,078939
Total debt0.000.00
Cash & bank12.1694.67
Net working capital51.3922.73
Cash flow
Cash from operations(95.62)162
Cash from investing114(149)
Cash from financing(17.45)(13.37)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025
Revenue214200202202181163169
Revenue growth (YoY)+18.3%+22.6%+19.5%----
Other income4.145.5517.334.753.035.1340.42
EBITDA49.9146.4552.4252.5844.8130.9028.72
EBITDA margin+23.4%+23.3%+25.9%+26.0%+24.8%+19.0%+17.0%
Depreciation1.501.501.591.201.201.200.68
Interest0.040.070.040.000.010.270.14
Profit before tax52.5150.4368.1256.1346.6334.5668.32
Tax13.2212.6914.0514.1211.748.707.86
Net profit39.2937.7454.0742.0134.8925.8660.46
EPS (β‚Ή)17.2016.5223.6618.3915.2711.3226.47
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue748637615594458340469
Revenue growth+17.5%+3.5%+3.7%+29.5%+34.8%-27.4%-
EBITDA18111810711795.5675.3188.70
EBITDA margin+24.2%+18.5%+17.5%+19.7%+20.8%+22.1%+18.9%
Profit before tax20516018113211810090.79
Net profit12612814895.1688.3074.6569.64
Net profit margin+16.9%+20.1%+24.0%+16.0%+19.3%+22.0%+14.9%
EPS (β‚Ή)68.6256.4682.8654.6151.0543.8037.10
Balance sheet
Total assets1,079939823682591505431
Net worth1,078939822682591505430
Total debt0.000.000.000.000.000.000.00
Cash & bank12.1694.6713.2023.8726.596.8521.56
Net working capital51.3822.7327.9022.9647.5629.8812.24
Cash flow
Cash from operations(95.62)16259.2796.0497.471.4178.79
Cash from investing114(149)(48.49)(86.78)(94.92)10.10(72.31)
Cash from financing(17.45)(13.37)(11.34)(9.18)(7.32)(5.55)(6.66)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue214200202202181163169166
Revenue growth (YoY)+18.3%+22.6%+19.5%+21.9%+21.2%+6.9%--
Other income4.145.5517.334.753.035.1340.421.02
Total expenses164153150150136132141136
EBITDA49.9146.4552.4252.5844.8130.9028.7229.93
EBITDA margin+23.4%+23.3%+25.9%+26.0%+24.8%+19.0%+17.0%+18.0%
Depreciation1.501.501.591.201.201.200.681.50
Interest0.040.070.040.000.010.270.140.10
Profit before tax52.5150.4368.1256.1346.6334.5668.3229.35
Tax13.2212.6914.0514.1211.748.707.867.38

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 07 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025
Revenue214200202202181163169
Revenue growth (YoY)+18.3%+22.6%+19.5%----
Other income4.145.5517.334.753.035.1340.42
EBITDA49.9146.4552.4252.5844.8130.9028.72
EBITDA margin+23.4%+23.3%+25.9%+26.0%+24.8%+19.0%+17.0%
Depreciation1.501.501.591.201.201.200.68
Interest0.040.070.040.000.010.270.14
Profit before tax52.5150.4368.1256.1346.6334.5668.32
Tax13.2212.6914.0514.1211.748.707.86
Net profit39.2937.7454.0742.0134.8925.8660.46
EPS (β‚Ή)17.2016.5223.6618.3915.2711.3226.47
ParticularsFY 2025-26FY 2024-25
Revenue748637
Revenue growth+17.5%-
Other income30.2448.10
Total expenses567519
Employee cost12.6111.99
EBITDA181118
EBITDA margin+24.2%+18.5%
Depreciation5.195.18
Interest0.320.58
Profit before tax205160
Tax48.6130.93
Net profit126128
Net profit margin+16.9%+20.1%
EPS (β‚Ή)68.6256.46
ParticularsFY 2025-26FY 2024-25
Equity & liabilities
Share capital22.8622.86
Reserves & surplus1,055916
Shareholders' funds (net worth)1,078939
Minority interest0.000.00
Secured loans0.000.00
Unsecured loans0.000.00
Total debt0.000.00
Total liabilities1,079939
Assets
Gross block314344
Net block257291
Capital work in progress47.400.00
Investments570590
Inventories34.2432.82
Sundry debtors2.242.71
Cash & bank balances12.1694.67
Loans & advances14950.02
Total current assets197180
Total current liabilities146157
Net working capital51.3922.73
Total assets1,079939
ParticularsFY 2025-26FY 2024-25
Opening cash0.761.04
Net cash from operating activities(95.62)162
Net cash from investing activities114(149)
Net cash from financing activities(17.45)(13.37)
Net change in cash0.82(0.29)
Closing cash12.1694.67
ParticularsFY 2025-26FY 2024-25
Growth
Sales growth+17.5%-
EBITDA growth+53.6%-
PBT growth+28.4%+9997.0%
Net income growth-1.3%-
Profitability & leverage
Net income margin+21.0%+20.3%
Return on capital employed+18.0%+17.1%
Return on net worth+12.5%+13.8%
Debt / equity0.000.00
Long-term debt / equity0.000.00
Interest cover0.180.52
Efficiency & per share
Fixed asset turnover9.047.28
Inventory turnover88.7776.29
Debtors turnover1,202.65923.87
EPS (β‚Ή)68.6256.46
Dividend per share (β‚Ή)9.007.50
Book value per share (β‚Ή)471.78410.65
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue214200202202181163169166
Revenue growth (YoY)+18.3%+22.6%+19.5%+21.9%+21.2%+6.9%--
Other income4.145.5517.334.753.035.1340.421.02
Total expenses164153150150136132141136
EBITDA49.9146.4552.4252.5844.8130.9028.7229.93
EBITDA margin+23.4%+23.3%+25.9%+26.0%+24.8%+19.0%+17.0%+18.0%
Depreciation1.501.501.591.201.201.200.681.50
Interest0.040.070.040.000.010.270.140.10
Profit before tax52.5150.4368.1256.1346.6334.5668.3229.35
Tax13.2212.6914.0514.1211.748.707.867.38
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue748637615594458340469
Revenue growth+17.5%+3.5%+3.7%+29.5%+34.8%-27.4%-
Other income30.2448.1080.3320.4728.5830.299.43
Total expenses567519508477363265380
Employee cost12.6111.9911.3010.177.898.7410.83
EBITDA18111810711795.5675.3188.70
EBITDA margin+24.2%+18.5%+17.5%+19.7%+20.8%+22.1%+18.9%
Depreciation5.195.186.135.816.065.487.29
Interest0.320.580.370.040.010.060.05
Profit before tax20516018113211810090.79
Tax48.6130.9329.6931.7524.6919.9722.93
Net profit12612814895.1688.3074.6569.64
Net profit margin+16.9%+20.1%+24.0%+16.0%+19.3%+22.0%+14.9%
EPS (β‚Ή)68.6256.4682.8654.6151.0543.8037.10
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital22.8622.8618.2918.2918.2918.2918.29
Reserves & surplus1,055916804663573487412
Shareholders' funds (net worth)1,078939822682591505430
Secured loans0.000.000.000.000.000.000.00
Unsecured loans0.000.000.000.000.000.000.00
Total debt0.000.000.000.000.000.000.00
Total liabilities1,079939823682591505431
Assets
Gross block314344287227173168183
Net block257291240185137138159
Capital work in progress47.400.006.077.8519.5120.1126.06
Investments570590526446379287226
Inventories34.2432.8228.6836.7031.9027.9720.57
Sundry debtors2.242.711.800.313.110.930.97
Cash & bank balances12.1694.6713.2023.8726.596.8521.56
Loans & advances14950.0277.4446.9759.9258.5118.74
Total current assets19718012110812294.2661.84
Total current liabilities14615793.2284.8973.9664.3849.60
Net working capital51.3822.7327.9022.9647.5629.8812.24
Total assets1,079939823682591505431
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.761.041.611.526.300.340.52
Net cash from operating activities(95.62)16259.2796.0497.471.4178.79
Net cash from investing activities114(149)(48.49)(86.78)(94.92)10.10(72.31)
Net cash from financing activities(17.45)(13.37)(11.34)(9.18)(7.32)(5.55)(6.66)
Net change in cash0.81(0.29)(0.56)0.08(4.77)5.96(0.18)
Closing cash12.1694.6713.2023.8726.596.8521.56
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+17.5%+3.5%+3.7%+29.5%+34.8%-27.4%-
EBITDA growth+53.6%+9.5%-8.2%+22.4%+26.9%-15.1%-
PBT growth+28.4%-11.7%+37.7%+11.5%+18.0%+10.2%-26.3%
Net income growth-1.3%-13.4%+55.2%+7.8%+18.3%+7.2%-
Revenue CAGR (3Y)+8.0%+11.6%+21.8%+8.2%-0.4%-7.2%-14.4%
EBITDA CAGR (3Y)+15.6%+7.2%+12.6%+9.7%-6.5%-11.2%+8.8%
Profitability & leverage
Net income margin+21.0%+20.3%+24.6%+16.8%+20.4%+23.6%+14.5%
Return on capital employed+18.0%+18.2%+24.1%+20.7%+21.5%+21.4%+22.8%
Return on net worth+12.5%+14.7%+20.2%+15.7%+17.0%+17.1%+17.0%
Debt / equity0.000.000.000.000.000.000.00
Long-term debt / equity0.000.000.000.000.000.000.00
Interest cover0.180.520.370.040.010.090.06
Efficiency & per share
Fixed asset turnover9.047.949.4111.6510.447.029.89
Inventory turnover88.7781.4273.8867.8159.4050.7887.78
Debtors turnover1,202.651,110.282,289.381,360.08880.261,297.331,084.74
EPS (β‚Ή)68.6256.4682.8654.6151.0543.8037.10
Dividend per share (β‚Ή)9.007.507.006.005.004.003.00
Book value per share (β‚Ή)471.78410.65449.70372.83323.22276.16235.36

Similar companies to G.M.Breweries

G.M.Breweries has 3 listed similar companies in our database, 1 of them funded. They include Allied Blenders and Distillers, Nao Spirits and John Distilleries.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
abdindia.com1986Mumbai, India920
Manufacturer of alcoholic beverages
naospirits.com2017Delhi, India$9.8M70
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jdl.in1996Bengaluru, India721
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Web traffic of G.M.Breweries

The website of G.M.Breweries (gmbreweries.com) receives about 6.7K visits a month.

  • Monthly visits
    6.7K

    ▼ 14% vs previous month

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Top companies in Alcoholic & Tobacco Products

3 companies that operate in the same segment as G.M.Breweries (Alcoholic & Tobacco Products) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Flavored craft beers are produced and distributed by Bira 91.
2015Delhi, Delhi, IndiaUSD 456.92 MUSD 105.75 M1,020
Brand of multi-category alcoholic spirits
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Related news about G.M.Breweries

GMBREW: Q2 EBITDA 499M RUPEES VS 448M (YOY); Q2 EBITDA MARGIN 23.4% VS 24.82% (YOY)
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GMBREW: Q2 SL NET PROFIT 393M RUPEES VS 349M (YOY)
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GMBREW: Q2 REVENUE 2.1B RUPEES VS 1.8B (YOY) (EXCLUDING EXCISE DUTY)
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Frequently Asked Questions about G.M.Breweries

G.M.Breweries was founded in 1981.

G.M.Breweries is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

G.M.Breweries has 373 employees.

The primary company behind G.M.Breweries, G M Breweries Limited, reported revenue of β‚Ή778 Cr for FY 2026, up 17% year on year.

G.M.Breweries was established in 1981 and is headquartered in Mumbai, India. Operations focus on the production and distribution of alcoholic beverages, including country liquor and Indian made foreign liquor. Products such as Santra, Doctor, Limbu Punch, and Dilbahar Sounf are included in the portfolio. An automatic bottling plant is maintained at Thane, enabling a daily output of approximately 50,000 cases.

G.M.Breweries's top competitors include Nao Spirits, John Distilleries and Allied Blenders and Distillers.

Yes, G.M.Breweries is publicly traded on NSE under the ticker symbol GMBREW.

G.M.Breweries operates through G M Breweries Limited.

The legal entities of G.M.Breweries currently have 8 directors, including Jyoti Jimmy Almeida Kashyap, Subramanyam Swaminathan, Kiran Yashawant Parashare and others.

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