Associated Alcohols & Breweries Ltd

Assoc.Alcohols Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Associated Alcohols & Breweries Ltd

₹ 550 -0.68%
19 Apr 10:43 a.m.
associatedalcohols.com BSE: 507526 NSE : ASALCBR
About

Associated Alcohols & Breweries Ltd is in business of manufacturing and trading of ENA, Indian Made Indian Liquor (Country Liquor), Indian Made Foreign Liquor and Hand sanitizer.[1]

Key Points

Products[1]
The Company is one of India’s prominent producers of ENA. It is also engaged in promotion and distribution of a varied range of liquor brands. It is diversifying to manufacture grain-based ethanol to capitalize on a favorable government policy. The company’s product range comprises:
1 Premium extra neutral alcohol
2 Indian made Indian liquor (IMIL)
3 Indian made foreign liquor (IMFL)
4 Rectified spirit[2]

Website BSE NSE
  • Market Cap ₹ 995 Cr.
  • Current Price ₹ 550
  • High / Low ₹ 595 / 350
  • Stock P/E 20.7
  • Book Value ₹ 214
  • Dividend Yield 0.18 %
  • ROCE 14.6 %
  • ROE 12.3 %
  • Face Value ₹ 10.0
Edit ratios

Pros

Cons

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Alcoholic Beverages Industry: Breweries & Distilleries

Edit Columns
Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
153 126 80 120 165 148 184 147 185 185 156 170 191
117 102 64 100 138 129 164 136 168 170 138 151 171
Operating Profit 36 24 16 20 27 19 20 11 17 15 18 19 20
OPM % 24% 19% 20% 17% 16% 13% 11% 7% 9% 8% 12% 11% 11%
1 1 2 2 5 5 2 3 2 2 2 2 2
Interest 0 1 0 0 0 0 0 0 0 1 1 0 1
Depreciation 4 4 4 3 4 4 4 4 4 3 3 3 3
Profit before tax 33 21 14 19 28 20 18 10 15 13 17 18 18
Tax % 25% 28% 26% 26% 25% 24% 26% 25% 26% 24% 26% 25% 29%
25 15 10 14 21 15 13 8 11 10 12 13 13
EPS in Rs 13.79 8.34 5.61 7.89 11.75 8.38 7.42 4.17 5.98 5.42 6.83 7.44 6.95
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
138 157 213 298 288 291 324 399 523 436 513 701 702
129 145 195 268 249 250 272 341 445 346 431 638 629
Operating Profit 9 12 18 31 38 41 52 58 78 89 82 63 73
OPM % 7% 7% 9% 10% 13% 14% 16% 14% 15% 21% 16% 9% 10%
2 3 5 4 1 2 2 4 2 5 14 8 8
Interest 4 4 7 7 5 4 4 2 2 1 1 1 3
Depreciation 4 5 7 10 10 11 11 12 14 14 14 14 13
Profit before tax 3 6 10 18 23 27 39 47 64 78 81 55 65
Tax % 25% 40% 40% 33% 38% 38% 36% 36% 23% 26% 25% 25%
3 3 6 12 14 17 25 30 49 58 61 42 48
EPS in Rs 1.43 1.83 3.23 6.82 7.90 9.35 13.93 16.74 27.29 32.06 33.64 22.99 26.64
Dividend Payout % 0% 0% 0% 4% 6% 11% 7% 6% 4% 3% 3% 4%
Compounded Sales Growth
10 Years: 16%
5 Years: 17%
3 Years: 10%
TTM: 6%
Compounded Profit Growth
10 Years: 29%
5 Years: 10%
3 Years: -6%
TTM: 3%
Stock Price CAGR
10 Years: 51%
5 Years: 17%
3 Years: 12%
1 Year: 50%
Return on Equity
10 Years: 20%
5 Years: 21%
3 Years: 19%
Last Year: 12%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 9 9 9 9 18 18 18 18 18 18 18 18 18
Reserves 39 42 48 59 63 79 103 131 177 234 295 345 369
42 64 92 45 39 32 21 28 11 11 5 100 92
44 49 42 57 51 41 59 67 67 67 82 75 91
Total Liabilities 134 164 191 170 170 169 201 244 274 330 400 538 570
56 88 98 93 93 86 80 116 110 111 113 110 109
CWIP 8 8 0 2 2 5 23 2 11 9 24 110 149
Investments 2 4 4 3 2 2 3 3 2 3 25 60 68
67 65 89 71 74 76 96 123 151 207 239 257 244
Total Assets 134 164 191 170 170 169 201 244 274 330 400 538 570

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
19 18 -13 47 10 25 39 25 58 67 79 7
-27 -37 -9 -6 -9 -13 -23 -28 -33 -65 -70 -94
7 22 28 -47 -7 -12 -16 3 -25 -3 -9 86
Net Cash Flow -0 2 5 -5 -6 -0 -1 -1 1 -1 1 -1

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 26 20 13 10 15 22 21 28 27 33 17 10
Inventory Days 130 83 72 77 66 80 135 163 110 170 152 146
Days Payable 119 85 42 64 56 47 69 89 68 97 111 45
Cash Conversion Cycle 38 19 43 22 25 55 87 102 69 106 58 111
Working Capital Days 32 12 54 6 23 31 29 42 41 53 26 50
ROCE % 8% 9% 13% 17% 25% 26% 32% 31% 35% 34% 28% 15%

Shareholding Pattern

Numbers in percentages

7 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
58.45% 58.45% 58.45% 58.45% 58.45% 58.45% 58.45% 58.45% 58.45% 58.67% 59.29% 59.29%
1.63% 1.52% 1.64% 1.35% 0.92% 0.80% 4.01% 0.58% 0.55% 0.48% 0.58% 1.20%
0.01% 0.01% 0.01% 0.01% 0.02% 0.01% 0.01% 0.01% 0.00% 0.00% 0.10% 0.00%
39.91% 40.02% 39.91% 40.19% 40.62% 40.75% 37.54% 40.96% 41.01% 40.85% 40.04% 39.51%
No. of Shareholders 30,07633,03438,57538,97337,43444,08545,48443,77342,06940,06738,22735,943

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Credit ratings

Concalls