Asso Alcohols & Brew Ltd

NSE: ASALCBR · Breweries & Distilleries · sector

₹538.25NSE close 2026-10-26

Key numbers

Market cap₹1,081 cr

Price₹538.25

52w high / low₹1,277 / ₹538

P/E9.3xSector median 21.8x

P/B1.6xSector median 1.9x

Book value₹345.9

Dividend yield0.33%Sector median 0.83%

ROE13.6%Sector median 8.9%

ROCE15.4%Sector median 10.9%

OPM12.9%Sector median 6.1%

Debt / equity0.10xSector median 0.49x

EV/EBITDA8.2xSector median 24.1x

Interest cover18.0x

Current ratio2.58x

Sales growth 3y+13.7%Sector median +11.1%

Profit growth 3y+28.6%Sector median +14.2%

PEG0.34x

Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 27 companies in Breweries & Distilleries (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹28 cr vs borrowings ₹66 cr (FY26): borrowings are higher by ₹38 cr.
Operating profit covered interest 18.0x in the last 12 months.
Promoter holding rose by 1.13 percentage points in a year, to 62.35% (2026-09-30).
Operating cash flow was below net profit in 4 of the last 5 years (FY26, FY25, FY24, FY23).
Revenue was higher than a year earlier in 1 of the last 4 quarters.
Other income was 9% of net profit in the last 12 months.
Dividend paid in 5 of the last 5 financial years.
Price ₹538.25 on 2026-10-26: -57.9% from the 52-week high, 0.0% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹1,417.50 · low ₹538.25

Quarterly results

₹ cr	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	258	334	248	270	257	265	242	286
EBITDA	25	40	35	37	24	42	40	30
OPM %	9.7%	11.8%	14.3%	13.7%	9.3%	15.7%	16.7%	10.4%
Other income	1	1	1	2	1	2	1	3
Net profit	15	26	22	24	14	27	24	18
EPS (₹)	8.50	14.43	12.34	13.08	7.69	28.76	12.33	8.88
Revenue YoY					-0.5%	-20.9%	-2.8%	+6.0%
Profit YoY					-8.6%	+4.6%	+5.3%	-24.6%

Consolidated figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY22	FY23	FY24	FY25	FY26	TTM
Revenue	514	703	765	1,097	1,033	1,049
EBITDA	82	62	77	128	143	136
Net profit	61	42	51	81	88	83
EPS (₹)	33.63	22.99	28.00	45.03	47.42	57.66
Revenue growth		+36.7%	+8.8%	+43.4%	-5.8%	-5.6%
Profit growth		-31.7%	+21.8%	+60.8%	+8.6%	-5.4%
Dividend / share (₹)	1.00	1.00	1.00	2.00	2.00

Compounded growth	3 years	5 years	Last 12 months
Sales	+13.7%	+17.9%	-5.6%
Net profit	+28.6%	+8.8%	-5.4%
EPS	+27.3%	+8.1%	–
Share price	–	-22.0% (2y)	-47.5%

Balance sheet

₹ cr	FY22	FY23	FY24	FY25	FY26
Shareholders' equity	–	363	423	520	695
Borrowings	–	95	104	98	66
Cash & equivalents	–	77	43	15	28
Total assets	–	538	619	718	856
Fixed assets	–	106	248	347	392
Capital work in progress	–	110	63	32	19
Investments	–	45	44	64	100
Receivables	–	19	35	39	42
Inventory	–	84	104	137	157
Payables	–	26	37	45	38

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY22	FY23	FY24	FY25	FY26
Cash from operations	79	7	28	74	52
Cash from investing	-70	-94	-32	-83	-88
Cash from financing	-9	86	13	1	46
Capex	40	93	104	86	57
Free cash flow	40	-86	-76	-12	-5

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY22	FY23	FY24	FY25	FY26
ROE %	–	11.4%	12.0%	15.6%	12.7%
ROCE %	–	12.4%	13.7%	18.6%	16.4%
Debtor days	–	10	17	13	15
Inventory days	–	82	89	76	98
Payable days	–	25	32	25	24
Cash conversion cycle (days)	–	67	74	64	89
Working capital days	–	75	48	34	70

Shareholding

Holder	% (2026-09-30)
Promoters	62.35%
FIIs	1.02%
DIIs	1.36%
Public (non-institutions)	35.27%

Quarter	Jun 2025	Sep 2025	Sep 2025	Dec 2025	Mar 2026	Mar 2026	Jun 2026	Sep 2026
Promoters %	59.29%	61.22%	61.22%	61.22%	62.35%	62.35%	62.35%	62.35%

Promoter group	%
Anshuman Kedia	9.79%
Prasann Kumar Kedia	9.24%
Anand Kumar Kedia	8.10%
Shweta Kedia	7.68%
Sangita Kedia	7.40%
Vedant Kedia	5.29%
Prasann Kumar Kedia HUF	4.47%
Bhagwati Prasad Prasann Kumar HUF	3.93%
Bhagwati Prasad Kedia HUF	2.45%
Ramdulari Anand Kumar HUF	2.39%
Anand Kumar Kedia HUF	1.60%

Public holders above 1%	%
Investor Education and Protection Fund Authority Ministry of Corporate Affairs	1.63%

40,986 shareholders. Pledged: – of promoter shares.

Peers in Breweries & Distilleries

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
UNITDSPR	₹89,828 cr	46.7x	10.0x	22.1%	26.0%	7.5%	0.0%	1.40%
RADICO	₹56,251 cr	79.9x	17.0x	23.2%	27.0%	5.2%	+18.1%	0.09%
UBL	₹30,041 cr	76.0x	6.6x	8.9%	10.9%	4.6%	+1.6%	0.83%
ABDL	₹18,770 cr	85.7x	11.3x	13.8%	17.1%	7.1%	–	0.54%
TI	₹12,032 cr	–	4.0x	-1.7%	2.6%	3.5%	+28.6%	0.16%
PICCADIL	₹5,389 cr	38.1x	6.0x	15.6%	15.5%	20.3%	–	–
GLOBUSSPR	₹2,069 cr	20.5x	1.9x	9.6%	12.1%	7.3%	+8.6%	0.39%
INDIAGLYCO	₹1,916 cr	5.8x	0.7x	12.2%	11.3%	6.5%	+13.9%	3.93%
GMBREW	₹1,784 cr	10.3x	1.6x	16.3%	20.0%	6.1%	+8.6%	0.96%
ASALCBR	₹1,081 cr	9.3x	1.6x	13.6%	15.4%	12.9%	+13.7%	0.33%

All 27 companies in Breweries & Distilleries →

Business segments (FY26)

Segment	Revenue	Share	EBIT	Margin
Portable Alcohol Division	₹798 cr	75.0%	₹131 cr	16.4%
Ethanol Division	₹266 cr	25.0%	₹-2 cr	-0.8%

Dividends & corporate actions

Ex-date	Action	Detail
2026-09-09	Dividend	Dividend - Rs 2 Per Share
2025-07-25	Dividend	Dividend - Rs 2 Per Share
2024-07-26	Dividend	Annual General Meeting/Dividend - Rs 2 Per Share
2023-07-26	Dividend	Annual General Meeting/Dividend - Re 1 Per Share
2022-07-28	Dividend	Annual General Meeting/Dividend - Re 1 Per Share
2021-08-12	Dividend	Annual General Meeting/Dividend - Re 1 Per Share
2020-08-27	Dividend	Annual General Meeting/Dividend - Re 1 Per Share

Documents

Links go to the original files on the exchange website.

About the company


Sector	Fast Moving Consumer Goods
Industry	Breweries & Distilleries
Sub-industry	Breweries & Distilleries
Symbol	ASALCBR
BSE code	507526
ISIN	INE073G01016
Face value	₹10.0
Incorporated	–
Website	–
Plants (India / abroad)	–

Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.