Som Distilleries & Breweries Q1 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹1,497 Cr
- ROE
- 2.32%
- Price to sales
- 1.55
- Debt to equity
- 0.27
- 52W high / low
- ₹133 / ₹62.3
- Sales growth (5Y)
- 33.72%
- EBITDA margin
- 3.13%
- Net profit margin
- 1.44%
- Promoter holding
- 39.43%
- Sales (last year)
- ₹970 Cr
Incorporated in 1993, Som Distilleries & Breweries Ltd. is one of the leading alcoholic beverages manufacturers in India engaged in the manufacturing and sale of Beer and Indian Made Foreign Liquor (IMFL). [1][2]
Guidance scorecard · Q1 FY27 call
What Som Distilleries & Breweries Ltd's management guided
and where it ranks in Beverages
Beverages
RevenueQ1 FY27 call
10–20%- Company is optimistic about revenue growth for FY27, targeting INR1,000 - INR1,100 crores despite challenges.
- Focus on ramping up capacity utilization at newly commissioned UP plant (10 million case capacity).
- Recovery expected in markets like Karnataka and Odisha, which showed strong growth even during Q1 disruptions.
- Resumption of operations in Madhya Pradesh is a priority to regain lost market share.
- Premiumization strategy to improve realizations, with increasing focus on higher-value IMFL products.
- Plans to launch extensions in existing beer brands and enter the Indian single malt category within FY27, supporting volume growth.
2 more points from Som Distilleries & Breweries Ltd's call on revenue
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MarginsQ1 FY27 call
FlatSee what Som Distilleries & Breweries Ltd said on margins — free account, 30 seconds.
CapexQ1 FY27 call
Planned- UP Plant Phase 1: Completed with close to INR300 crores spent; commercial production started in June 2026; no pending capex for Phase 1.
- UP Plant Phase 2: Planned distillery expansion; permissions applied for; execution clarity expected in 3-4 months.
- Capacity Expansion Strategy: Focus on leveraging contract manufacturing in states with overcapacity rather than building new plants in every state.
- Andhra Pradesh Market: Entry planned with direct sales starting September 2026; permissions from Karnataka export pending.
- No new major plant additions currently planned besides optimizing existing facilities.
- Emphasis on improving manufacturing efficiency, supply chain growth, compliance, and managing raw material risks.
2 more points from Som Distilleries & Breweries Ltd's call on capex
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FundraisingQ1 FY27 call
See what Som Distilleries & Breweries Ltd said on fundraising — free account, 30 seconds.
Order bookQ1 FY27 call
Ask what Som Distilleries & Breweries Ltd said on the order book →
Full Q1 FY27 analysisRanges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Beverages
on management's own guidance
- Varun BeveragesGood growth2
- Strong growth1
- FratelliVineyardGood growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Beverages companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Flat | ₹5,815 Cr | 41.4 | |
| 2 | Varun Beverages | 20–40% | Flat | ₹1.46L Cr | 43.0 |
| 3 | FratelliVineyard | 20–40% | Flat | ₹537 Cr | — |
| 4 | 10–20% | Up 2%+ | ₹19,866 Cr | 89.0 | |
| 5 | 10–20% | Up 2%+ | ₹13,672 Cr | 60.5 | |
| 6 | 10–20% | Flat | ₹31,771 Cr | 91.9 |
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Pro shows every company guiding 40%+ revenue growth →Full Beverages rankingSom Distilleries & Breweries Ltd announcements
All announcements →- Board / shareholder meeting outcomeNotableSom Distilleries and Breweries reports voting results of 33rd AGM held on 29-09-2026
Financials of Som Distilleries & Breweries Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Som Distilleries & Breweries Ltd
Quarterly Results
Quarter-by-quarter operating performance
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 148.51 | 252.57 | 385.02 | 247.72 | 266.34 | 381.60 | 513.08 | 289.73 | 301.12 | 338.97 | 528.38 | 269.59 | 250.55 |
| Expenses + | 131.53 | 224.47 | 336.49 | 220.52 | 234.51 | 339.70 | 448.91 | 255.76 | 264.81 | 297.21 | 458.03 | 229.50 | 231.11 |
| Operating Profit | 16.98 | 28.10 | 48.53 | 27.20 | 31.83 | 41.90 | 64.17 | 33.97 | 36.31 | 41.76 | 70.35 | 40.09 | 19.44 |
| OPM % | 11.43% | 11.13% | 12.60% | 10.98% | 11.95% | 10.98% | 12.51% | 11.72% | 12.06% | 12.32% | 13.31% | 14.87% | 7.76% |
| Other Income + | 2.51 | 0.47 | 1.60 | 0.30 | 0.18 | 3.64 | 0.66 | 1.23 | 1.56 | 1.05 | 1.70 | 0.43 | 3.68 |
| Interest | 3.47 | 4.06 | 3.17 | 2.57 | 2.67 | 3.49 | 2.73 | 3.01 | 1.89 | 3.43 | 4.94 | 4.91 | 7.52 |
| Depreciation | 4.28 | 4.19 | 4.27 | 5.62 | 5.58 | 5.88 | 6.07 | 6.17 | 6.82 | 6.91 | 8.73 | 8.16 | 8.18 |
| Profit before tax | 11.74 | 20.32 | 42.69 | 19.31 | 23.76 | 36.17 | 56.03 | 26.02 | 29.16 | 32.47 | 58.38 | 27.45 | 7.42 |
| Tax % | 10.31% | 21.90% | 21.15% | 23.10% | 24.24% | 44.73% | 27.65% | 28.13% | 26.20% | 26.89% | 27.95% | 28.93% | 26.01% |
| Net Profit + | 10.52 | 15.87 | 33.67 | 14.85 | 17.99 | 19.99 | 40.55 | 18.70 | 21.52 | 23.73 | 42.06 | 19.50 | 5.49 |
| EPS in Rs | 0.54 | 0.82 | 1.74 | 0.77 | 0.93 | 0.97 | 2.08 | 0.96 | 0.97 | 1.10 | 2.02 | 0.92 | 0.22 |
Financials of Som Distilleries & Breweries Ltd
Profit & Loss
Annual income statement trend
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 245 | 351 | 393 | 460 | 288 | 365 | 807 | 1,281 | 1,443 | 1,387 |
| Expenses + | 209 | 292 | 344 | 416 | 297 | 345 | 705 | 1,131 | 1,265 | 1,216 |
| Operating Profit | 36 | 59 | 49 | 44 | -10 | 20 | 102 | 149 | 178 | 172 |
| OPM % | 15% | 17% | 13% | 10% | -3% | 5% | 13% | 12% | 12% | 12% |
| Other Income + | 3 | 2 | 3 | 4 | 3 | -0 | 1 | 6 | 3 | 7 |
| Interest | 11 | 9 | 12 | 15 | 19 | 15 | 16 | 12 | 11 | 21 |
| Depreciation | 4 | 4 | 9 | 12 | 13 | 17 | 17 | 21 | 26 | 32 |
| Profit before tax | 24 | 47 | 32 | 21 | -39 | -13 | 70 | 122 | 144 | 126 |
| Tax % | 40% | 47% | 38% | 28% | -2% | -22% | 14% | 29% | 27% | |
| Net Profit + | 14 | 25 | 20 | 15 | -38 | -10 | 60 | 86 | 104 | 91 |
| EPS in Rs | 0.91 | 1.63 | 1.08 | 0.82 | -2.08 | -0.54 | 3.12 | 4.44 | 5.08 | 4.26 |
| Dividend Payout % | 29% | 16% | 25% | 0% | 0% | 0% | 3% | 0% | 0% |
Financials of Som Distilleries & Breweries Ltd
Balance Sheet
Capital structure and asset base
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 28 | 28 | 32 | 32 | 32 | 35 | 37 | 39 | 41 | 42 |
| Reserves | 113 | 134 | 278 | 287 | 249 | 255 | 338 | 523 | 706 | 789 |
| Borrowings + | 74 | 91 | 169 | 222 | 208 | 197 | 242 | 191 | 171 | 200 |
| Other Liabilities + | 90 | 115 | 207 | 215 | 222 | 212 | 294 | 421 | 425 | 402 |
| Total Liabilities | 305 | 366 | 687 | 757 | 712 | 699 | 912 | 1,174 | 1,343 | 1,432 |
| Fixed Assets + | 68 | 78 | 207 | 272 | 414 | 406 | 391 | 505 | 622 | 610 |
| CWIP | 21 | 94 | 150 | 142 | 2 | 0 | 97 | 68 | 23 | 45 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets + | 216 | 194 | 330 | 343 | 295 | 294 | 424 | 601 | 698 | 776 |
| Total Assets | 305 | 366 | 687 | 757 | 712 | 699 | 912 | 1,174 | 1,343 | 1,432 |
Financials of Som Distilleries & Breweries Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 88 | 81 | 4 | 41 | 23 | 9 | 14 | 73 | 42 |
| Cash from Investing Activity + | -81 | -87 | -197 | -70 | -13 | -6 | -108 | -113 | -101 |
| Cash from Financing Activity + | 5 | 0 | 192 | 26 | -18 | -8 | 97 | 41 | 65 |
| Net Cash Flow | 12 | -6 | -1 | -3 | -7 | -5 | 3 | 1 | 7 |
| Free Cash Flow | 46 | -6 | -191 | -25 | 7 | 3 | -85 | -33 | -58 |
| CFO/OP | 251% | 176% | 27% | 147% | -273% | 62% | 14% | 61% | 37% |
Financials of Som Distilleries & Breweries Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 74 | 73 | 110 | 103 | 167 | 116 | 64 | 69 | 64 |
| Inventory Days | 137 | 62 | 175 | 156 | 151 | 149 | 102 | 80 | 75 |
| Days Payable | 127 | 63 | 116 | 130 | 197 | 122 | 83 | 72 | 61 |
| Cash Conversion Cycle | 84 | 72 | 169 | 129 | 121 | 142 | 83 | 76 | 78 |
| Working Capital Days | 106 | 36 | 22 | 17 | -53 | -34 | 27 | 32 | 47 |
| ROCE % | 24% | 12% | 7% | -4% | 1% | 16% | 19% | 18% |
Guidance history
How Som Distilleries & Breweries Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q1 FY27 call → | 10–20% | Flat | Planned | — | — |
| Q4 FY26 call → | 10–20% | Flat | Planned | — | — |
| Q3 FY26 call → | 20–40% | Flat | Planned | Planned | — |
| Q2 FY26 call → | 10–20% | Flat | Planned | Planned | — |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Momentum score · price trend
13 out of 100 — Cooling
Over the past year its share price has done worse than most of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | −44.3% | 8% |
| Last 6 months | −17.4% | 23% |
| Last 3 months | +2.5% | 68% |
The price is 57.1% below its all-time high of ₹167.65 (27 Jun 2025). Stocks more than 20% below their peak have their score halved, so 26 became 13.
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Som Distilleries & Breweries Ltd: 0.4 × 8 + 0.4 × 23 + 0.2 × 68 = 26, halved to 13 because the price is more than 20% below its all-time high.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 29 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
Continue your research
What Som Distilleries & Breweries Ltd's management said in earlier quarters
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