Associated Alcohols & Breweries Share Price ₹820

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Associated Alcohols & Breweries Ltd

Quarter-by-quarter operating performance

	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
Sales +	185	156	170	191	242	252	255	327	242	267	254	260	238
Expenses +	170	138	151	171	224	224	230	287	207	230	230	219	198
Operating Profit	15	18	19	20	18	28	25	40	35	37	24	42	40
OPM %	8%	12%	11%	11%	8%	11%	10%	12%	15%	14%	9%	16%	17%
Other Income +	2	2	2	2	3	1	1	1	1	2	1	2	1
Interest	1	1	0	1	2	2	1	1	1	2	1	1	3
Depreciation	3	3	3	3	4	4	4	4	5	6	6	7	7
Profit before tax	13	17	18	18	16	24	21	35	30	32	18	36	32
Tax %	24%	26%	25%	29%	23%	26%	27%	26%	25%	26%	24%	23%	28%
Net Profit +	10	12	13	13	12	18	15	26	22	24	14	27	24
EPS in Rs	5.42	6.83	7.44	6.95	6.78	9.80	8.47	14.43	12.35	13.09	7.38	14.38	11.71

Financials of Associated Alcohols & Breweries Ltd

Annual income statement trend

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Sales +	298	288	291	324	399	523	436	513	701	759	1,075	1,019
Expenses +	268	249	250	272	341	445	346	431	638	683	947	876
Operating Profit	31	38	41	52	58	78	89	82	63	77	128	143
OPM %	10%	13%	14%	16%	14%	15%	21%	16%	9%	10%	12%	14%
Other Income +	4	1	2	2	4	2	5	14	8	10	5	6
Interest	7	5	4	4	2	2	1	1	1	4	6	6
Depreciation	10	10	11	11	12	14	14	14	14	14	17	24
Profit before tax	18	23	27	39	47	64	78	81	55	68	110	118
Tax %	33%	38%	38%	36%	36%	23%	26%	25%	25%	26%	26%	25%
Net Profit +	12	14	17	25	30	49	58	61	42	51	81	88
EPS in Rs	6.82	7.90	9.35	13.93	16.74	27.29	32.06	33.64	22.99	28.00	45.06	44.07
Dividend Payout %	4%	6%	11%	7%	6%	4%	3%	3%	4%	7%	4%	5%

Financials of Associated Alcohols & Breweries Ltd

Capital structure and asset base

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	9	18	18	18	18	18	18	18	18	18	18	20
Reserves	59	63	79	103	131	177	234	295	345	405	502	675
Borrowings +	45	39	32	21	28	11	11	5	100	108	102	69
Other Liabilities +	57	51	41	59	67	67	67	82	75	88	96	92
Total Liabilities	170	170	169	201	244	274	330	400	538	619	718	856
Fixed Assets +	93	93	86	80	116	110	111	113	110	252	351	395
CWIP	2	2	5	23	2	11	9	24	110	63	32	19
Investments	3	2	2	3	3	2	3	25	60	46	64	109
Other Assets +	71	74	76	96	123	151	207	239	257	257	271	333
Total Assets	170	170	169	201	244	274	330	400	538	619	718	856

Financials of Associated Alcohols & Breweries Ltd

Operating, investing and financing cash movement

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	47	10	25	39	25	58	67	79	7	28	74	52
Cash from Investing Activity +	-6	-9	-13	-23	-28	-33	-65	-70	-94	-32	-83	-88
Cash from Financing Activity +	-47	-7	-12	-16	3	-25	-3	-9	86	13	1	46
Net Cash Flow	-5	-6	-0	-1	-1	1	-1	1	-1	9	-8	10
Free Cash Flow	42	0	14	24	-8	42	54	40	-86	-75	-12	-0
CFO/OP	160%	44%	86%	100%	80%	101%	96%	124%	34%	59%	76%	52%

Financials of Associated Alcohols & Breweries Ltd

Working capital efficiency and return ratios

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	10	15	22	21	28	27	33	17	10	17	13	15
Inventory Days	77	66	80	135	163	110	170	152	146	117	98	98
Days Payable	64	56	47	69	89	68	97	111	45	42	32	24
Cash Conversion Cycle	22	25	55	87	102	69	106	58	111	92	80	89
Working Capital Days	-11	4	11	16	29	40	46	24	35	27	29	64
ROCE %	17%	25%	26%	32%	31%	35%	34%	28%	15%	14%	20%	18%