Associated Alcohols & Breweries Ltd

About [ edit ]

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.#

Key Points [ edit ]
  • Market Cap 872 Cr.
  • Current Price 483
  • High / Low 511 / 216
  • Stock P/E 15.0
  • Book Value 139
  • Dividend Yield 0.21 %
  • ROCE 34.1 %
  • ROE 25.9 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company has delivered good profit growth of 31.63% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 26.08%

Cons

  • The company has delivered a poor sales growth of 8.67% over past five years.
Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
97 72 114 116 130 119 141 132 58 99 153 126
76 61 98 105 108 106 116 116 49 78 117 102
Operating Profit 20 11 16 11 22 13 25 17 9 21 36 24
OPM % 21% 15% 14% 9% 17% 11% 18% 12% 15% 21% 24% 19%
Other Income 1 0 0 3 1 1 1 2 1 1 1 1
Interest 0 0 1 1 1 0 0 1 0 0 0 1
Depreciation 3 3 3 3 3 4 4 4 3 4 4 4
Profit before tax 18 8 12 10 18 10 22 14 6 18 33 21
Tax % 35% 35% 35% 40% 35% -15% 28% 23% 26% 26% 25% 28%
Net Profit 11 5 8 6 12 11 16 11 5 13 25 15
EPS in Rs 6.34 2.74 4.50 3.16 6.48 6.12 8.75 5.94 2.64 7.28 13.79 8.34

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
109 91 138 157 213 298 288 291 324 399 523 436
103 85 129 145 195 268 249 250 272 341 445 346
Operating Profit 6 6 9 12 18 31 39 41 52 58 78 89
OPM % 5% 7% 7% 7% 9% 10% 13% 14% 16% 14% 15% 21%
Other Income 1 3 2 3 5 4 -0 2 2 4 2 5
Interest 3 3 4 4 7 7 5 4 4 2 2 1
Depreciation 3 3 4 5 7 10 10 11 11 12 14 14
Profit before tax 2 3 3 6 10 18 23 27 39 47 64 78
Tax % 35% 22% 25% 40% 40% 33% 38% 38% 36% 36% 23% 26%
Net Profit 1 2 3 3 6 12 14 17 25 30 49 58
EPS in Rs 0.66 1.36 1.43 1.83 3.23 6.82 7.90 9.35 13.93 16.74 27.29 32.06
Dividend Payout % 0% 0% 0% 0% 0% 4% 6% 11% 7% 6% 4% 3%
Compounded Sales Growth
10 Years:17%
5 Years:9%
3 Years:10%
TTM:-17%
Compounded Profit Growth
10 Years:46%
5 Years:32%
3 Years:31%
TTM:15%
Stock Price CAGR
10 Years:43%
5 Years:49%
3 Years:16%
1 Year:94%
Return on Equity
10 Years:22%
5 Years:25%
3 Years:26%
Last Year:26%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
9 9 9 9 9 9 18 18 18 18 18 18
Reserves 34 36 39 42 48 59 63 79 103 131 177 234
Borrowings 25 38 42 64 92 45 39 32 21 28 11 11
27 28 44 49 42 57 51 41 59 67 67 67
Total Liabilities 95 112 134 164 191 170 170 169 201 244 274 330
34 31 56 88 98 93 93 86 80 116 110 111
CWIP 3 10 8 8 0 2 2 5 23 2 11 9
Investments 2 2 2 4 4 3 2 2 3 3 2 3
56 68 67 65 89 71 74 76 96 123 151 207
Total Assets 95 112 134 164 191 170 170 169 201 244 274 330

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
11 -5 19 18 -13 47 10 25 39 25 58 67
-10 -7 -27 -37 -9 -6 -9 -13 -23 -28 -33 -65
2 15 7 22 28 -47 -7 -12 -16 3 -25 -3
Net Cash Flow 4 3 -0 2 5 -5 -6 -0 -1 -1 1 -1

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
ROCE % 7% 6% 8% 9% 13% 17% 25% 26% 32% 31% 35% 34%
Debtor Days 54 60 26 20 13 10 15 22 21 28 27 33
Inventory Turnover 2.87 3.70 3.82 5.44 6.55 6.43 6.55 5.62 3.94 3.46 4.24 4.01

Shareholding Pattern

Numbers in percentages

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
58.45 58.45 58.45 58.45 58.45 58.45 58.45 58.45 58.45 58.45 58.45 58.45
0.46 0.46 0.29 0.55 0.57 0.57 0.57 0.57 0.56 0.74 0.47 0.94
0.01 0.01 0.01 0.01 0.01 0.01 0.03 0.10 0.04 0.01 0.01 0.01
41.08 41.08 41.25 40.99 40.97 40.97 40.95 40.88 40.95 40.81 41.07 40.60

Documents