G M Breweries Ltd
G M Breweries Ltd, set up in 1981 manufactures and markets Alcoholic Beverages such as Country Liquor (CL) and Indian-made Foreign Liquor (IMFL). [1]
- Market Cap ₹ 1,857 Cr.
- Current Price ₹ 813
- High / Low ₹ 1,049 / 464
- Stock P/E 11.9
- Book Value ₹ 375
- Dividend Yield 0.69 %
- ROCE 23.5 %
- ROE 19.6 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Earnings include an other income of Rs.84.6 Cr.
* 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
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
473 | 289 | 307 | 360 | 375 | 426 | 464 | 469 | 340 | 458 | 594 | 615 | 618 | |
447 | 246 | 269 | 264 | 306 | 318 | 347 | 380 | 265 | 363 | 477 | 508 | 509 | |
Operating Profit | 26 | 42 | 38 | 96 | 69 | 108 | 117 | 89 | 75 | 96 | 117 | 107 | 110 |
OPM % | 6% | 15% | 13% | 27% | 18% | 25% | 25% | 19% | 22% | 21% | 20% | 17% | 18% |
1 | 1 | 2 | 10 | 4 | 10 | 14 | 9 | 30 | 29 | 20 | 80 | 85 | |
Interest | 2 | 6 | 7 | 12 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
Depreciation | 4 | 5 | 6 | 5 | 6 | 6 | 7 | 7 | 5 | 6 | 6 | 6 | 6 |
Profit before tax | 21 | 33 | 28 | 88 | 67 | 111 | 123 | 91 | 100 | 118 | 132 | 181 | 187 |
Tax % | 34% | 34% | 35% | 34% | 35% | 34% | 33% | 25% | 20% | 21% | 24% | 16% | |
14 | 22 | 19 | 58 | 44 | 73 | 82 | 68 | 80 | 93 | 100 | 152 | 156 | |
EPS in Rs | 6.08 | 9.41 | 8.14 | 25.46 | 19.06 | 31.83 | 36.10 | 29.76 | 35.13 | 40.95 | 43.80 | 66.46 | 68.31 |
Dividend Payout % | 17% | 11% | 16% | 5% | 10% | 6% | 7% | 8% | 9% | 10% | 11% | 8% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | 6% |
3 Years: | 22% |
TTM: | 2% |
Compounded Profit Growth | |
---|---|
10 Years: | 21% |
5 Years: | 13% |
3 Years: | 26% |
TTM: | 51% |
Stock Price CAGR | |
---|---|
10 Years: | 31% |
5 Years: | 22% |
3 Years: | 6% |
1 Year: | 45% |
Return on Equity | |
---|---|
10 Years: | 19% |
5 Years: | 17% |
3 Years: | 17% |
Last Year: | 20% |
Balance Sheet
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 9 | 9 | 12 | 12 | 15 | 15 | 18 | 18 | 18 | 18 | 18 | 18 | 23 |
Reserves | 86 | 105 | 114 | 169 | 210 | 277 | 349 | 412 | 487 | 573 | 663 | 804 | 833 |
23 | 29 | 32 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
65 | 78 | 48 | 50 | 55 | 60 | 57 | 53 | 68 | 77 | 87 | 95 | 100 | |
Total Liabilities | 184 | 221 | 206 | 231 | 279 | 351 | 424 | 484 | 573 | 668 | 769 | 917 | 956 |
85 | 96 | 86 | 79 | 96 | 111 | 139 | 159 | 138 | 137 | 185 | 240 | 269 | |
CWIP | 43 | 7 | 1 | 2 | 76 | 64 | 48 | 26 | 20 | 20 | 8 | 6 | 7 |
Investments | 0 | 49 | 77 | 88 | 46 | 108 | 163 | 226 | 287 | 379 | 446 | 526 | 537 |
56 | 69 | 42 | 62 | 61 | 69 | 74 | 73 | 128 | 133 | 131 | 146 | 143 | |
Total Assets | 184 | 221 | 206 | 231 | 279 | 351 | 424 | 484 | 573 | 668 | 769 | 917 | 956 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
17 | 28 | 20 | 60 | 53 | 63 | 61 | 79 | 1 | 97 | 96 | 59 | |
-18 | -27 | -13 | -4 | -50 | -61 | -57 | -72 | 10 | -95 | -87 | -48 | |
-7 | 0 | -3 | -32 | -4 | -5 | -5 | -7 | -6 | -7 | -9 | -11 | |
Net Cash Flow | -8 | 1 | 4 | 24 | -1 | -4 | -2 | -0 | 6 | -5 | 0 | -1 |
Ratios
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 1 | 1 | 2 | 0 | 1 |
Inventory Days | 21 | 41 | 50 | 38 | 26 | 27 | 40 | 38 | 73 | 63 | 55 | 40 |
Days Payable | 21 | 12 | 11 | 11 | 11 | 12 | 10 | 21 | 8 | 6 | 13 | 29 |
Cash Conversion Cycle | 0 | 29 | 40 | 28 | 14 | 16 | 31 | 18 | 66 | 60 | 42 | 12 |
Working Capital Days | -34 | -58 | -22 | -19 | -26 | -17 | -8 | -7 | 25 | 17 | -1 | 9 |
ROCE % | 20% | 29% | 22% | 55% | 33% | 42% | 37% | 23% | 20% | 20% | 20% | 24% |
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
1d - Confirmation of securities dematerialisation for G.M. Breweries.
-
Board Meeting Outcome for Out Come Of The Board Meeting On 10-10-2024 For Un-Audited Financial Results For The Quarter Ended 30-09-2024
1d - Board approved unaudited financial results for Q2 2024.
- Un-Audited Financial Results For The Quarter Ended 30-09-2024 1d
-
Closure of Trading Window
16 Sep - Closure of trading window from September 17, 2024.
-
Board Meeting Intimation for Un Audited Financials Results For The Quarter 30-09-2024
16 Sep - Board meeting to consider Q2 financial results.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from nse
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Financial Year 2011
from bse
Milestones
The Co. has a monopoly in country liquor in the districts of Mumbai, Thane & Palghar.
It is the single largest manufacturer of country liquor in the State of Maharashtra with a sizable market share. [1]