G M Breweries Ltd
NSE: GMBREW · Breweries & Distilleries · sector
₹780.90NSE close 2026-10-26
Key numbers
Market cap₹1,784 cr
Price₹780.90
52w high / low₹1,329 / ₹781
P/E10.3xSector median 21.8x
P/B1.6xSector median 1.9x
Book value₹497.6
Dividend yield0.96%Sector median 0.83%
ROE16.3%Sector median 8.9%
ROCE20.0%Sector median 10.9%
OPM6.1%Sector median 6.1%
Debt / equity0.00xSector median 0.49x
EV/EBITDA8.8xSector median 24.1x
Interest cover1,515.6x
Current ratio1.02x
Sales growth 3y+8.6%Sector median +11.1%
Profit growth 3y+16.2%Sector median +14.2%
PEG0.63x
Last 12 months to Sep 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 ₹12 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 1,515.6x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 3 of the last 5 years (FY26, FY24, FY23).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 18% of net profit in the last 12 months.
- Dividend paid in 5 of the last 5 financial years.
- Price ₹780.90 on 2026-10-26: -41.2% 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 ₹1,241.10 · low ₹612.10
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 644 | 663 | 638 | 718 | 809 | 812 | 803 | 861 |
| EBITDA | 30 | 29 | 31 | 45 | 53 | 52 | 46 | 50 |
| OPM % | 4.6% | 4.3% | 4.8% | 6.2% | 6.5% | 6.5% | 5.8% | 5.8% |
| Other income | 1 | 40 | 5 | 3 | 5 | 17 | 6 | 4 |
| Net profit | 22 | 60 | 26 | 35 | 42 | 54 | 38 | 39 |
| EPS (₹) | 9.61 | 26.47 | 11.32 | 15.27 | 18.39 | 23.66 | 16.52 | 17.20 |
| Revenue YoY | +25.5% | +22.5% | +25.8% | +19.9% | ||||
| Profit YoY | +91.2% | -10.6% | +45.9% | +12.6% |
Consolidated figures where filed. Latest quarter Sep 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 1,778 | 2,326 | 2,415 | 2,504 | 2,977 | 3,284 |
| EBITDA | 96 | 117 | 107 | 118 | 181 | 201 |
| Net profit | 93 | 100 | 152 | 129 | 157 | 173 |
| EPS (₹) | 40.86 | 43.69 | 66.32 | 56.48 | 68.64 | 75.77 |
| Revenue growth | +30.8% | +3.9% | +3.7% | +18.9% | +23.3% | |
| Profit growth | +7.0% | +51.7% | -14.8% | +21.5% | +20.9% | |
| Dividend / share (₹) | 4.00 | 5.00 | 6.00 | 7.00 | 7.50 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +8.6% | +19.3% | +23.3% |
| Net profit | +16.2% | +14.4% | +20.9% |
| EPS | +16.3% | +14.4% | – |
| Share price | – | +2.2% (2y) | -29.2% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 682 | 822 | 939 | 1,078 |
| Borrowings | – | 0 | 0 | 0 | 0 |
| Cash & equivalents | – | 24 | 13 | 95 | 12 |
| Total assets | – | 769 | 917 | 1,098 | 1,225 |
| Fixed assets | – | 53 | 50 | 50 | 42 |
| Capital work in progress | – | 8 | 6 | 0 | 47 |
| Investments | – | 446 | 526 | 590 | 570 |
| Receivables | – | 0 | 2 | 3 | 2 |
| Inventory | – | 37 | 29 | 33 | 34 |
| Payables | – | 9 | 21 | 19 | 11 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 97 | 96 | 59 | 162 | -96 |
| Cash from investing | -95 | -90 | -48 | -149 | 114 |
| Cash from financing | -7 | -6 | -11 | -13 | -17 |
| Capex | 0 | 0 | 0 | 0 | 0 |
| Free cash flow | 97 | 96 | 59 | 162 | -96 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 14.6% | 18.4% | 13.7% | 14.5% |
| ROCE % | – | 19.3% | 22.1% | 17.1% | 19.1% |
| Debtor days | – | 0 | 0 | 0 | 0 |
| Inventory days | – | 31 | 23 | 25 | 24 |
| Payable days | – | 7 | 17 | 15 | 8 |
| Cash conversion cycle (days) | – | 24 | 6 | 10 | 16 |
| Working capital days | – | 4 | 4 | 3 | 6 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 74.43% |
| FIIs | 0.74% |
| Public (non-institutions) | 24.83% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 74.43% | 74.43% | 74.43% | 74.43% | 74.43% | 74.43% | 74.43% | 74.43% |
| Promoter group | % |
|---|---|
| Jimmy William Almeida Kashyap | 61.76% |
| Almedia Holdings PVT Ltd. | 10.68% |
| Jyoti Jimmy Almeida Kashyap | 1.99% |
46,772 shareholders. Pledged: 0.00% 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% |
| SDBL | ₹1,400 cr | – | 1.8x | -4.0% | -0.9% | 0.9% | +15.4% | 0.01% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-05-21 | Dividend | Dividend - Rs 9 Per Share |
| 2025-05-22 | Dividend | Dividend - Rs 7.5 Per Share |
| 2024-05-24 | Bonus | Bonus 1:4 |
| 2024-05-09 | Dividend | Annual General Meeting/Dividend - Rs 7 Per Share |
| 2023-05-16 | Dividend | Annual General Meeting/Dividend - Rs 6 Per Share |
| 2022-05-13 | Dividend | Annual General Meeting/ Dividend - Rs 5 Per Share |
| 2021-06-28 | Dividend | Annual General Meeting/Dividend - Rs 4 Per Share |
| 2020-07-29 | Dividend | Annual General Meeting/Dividend - Rs 3 Per Share |
| 2019-05-06 | Dividend | Annual General Meeting/ Dividend Rs 3 Per Share |
| 2018-05-21 | Bonus | Bonus 1:4 |
| 2018-05-02 | Dividend | Annual General Meeting / Dividend Rs 3 Per Share |
| 2017-05-09 | Dividend | Annual General Meeting/Dividend - Rs 3/- Per Share |
| 2016-05-30 | Bonus | Bonus 1:4 |
| 2016-05-10 | Dividend | Annual General Meeting And Dividend Rs.2.50 Per Share |
| 2015-05-08 | Dividend | Annual General Meeting/Dividend - Rs 2.50/- Per Share |
| 2014-05-16 | Bonus | Dividend Rs 2.50/- Per Share / Bonus 1 : 4 |
| 2013-04-26 | Dividend | Annual General Meeting/Dividend Rs.2.50 Per Share |
| 2012-05-02 | Dividend | Annual General Meeting And Dividend Rs.2.50 Per Share |
| 2011-05-02 | Dividend | Dividend-Rs.2.50 Per Share |
| 2010-04-28 | Dividend | Dividend-Rs.2/- Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacturing: Alcoholic Beverages (Country Liquor)
| Sector | Fast Moving Consumer Goods |
| Industry | Breweries & Distilleries |
| Sub-industry | Breweries & Distilleries |
| Symbol | GMBREW |
| BSE code | 507488 |
| ISIN | INE075D01018 |
| Face value | ₹10.0 |
| Incorporated | 1981-12-09 |
| Website | www.gmbreweries.com |
| Plants (India / abroad) | 1 / 0 |
From the company's filings (BRSR FY26).
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.