Very Low Leverage, Strong Balance SheetNear-zero debt through 2020–2024 and only modest leverage in 2025 provide durable financial resilience. Low indebtedness reduces refinancing and interest risk, preserves capacity for strategic investments or acquisitions, and supports survival through industry cycles over many quarters.

Improved Operating Cash Generation In 2025Operating cash flow exceeding net income in 2025 indicates stronger cash conversion and earnings quality. Consistent cash generation enhances the company’s ability to fund capex, working capital and shareholder returns internally, reducing reliance on external financing over the medium term.

Top-line Rebound And Growing Equity BaseA clear revenue rebound in 2025 coupled with steady equity growth strengthens internal funding capacity and indicates recovered demand. This combination supports reinvestment in brands and distribution, reduces financing needs, and underpins multi‑quarter strategic initiatives and resilience.

Bears Say

Significant Gross Margin CompressionA fall in gross margin from ~27–32% historically to ~11% is a large structural hit to core profitability. Persistently compressed gross margins reduce earnings power, leave less room to absorb input cost shocks, and require sustained pricing or cost restructuring to restore durable returns.

Net Income Fell Despite Higher RevenueEarnings falling while revenue rises indicates deteriorating operating leverage or rising operating costs. This structural weakness limits the company’s ability to convert sales growth into profit, constraining internal investment, dividends, or margin recovery over multiple quarters without operational remediation.

Volatile Cash Flow And Revenue HistoryHistorical swings in revenue and cash flow — a large 2023 revenue drop, weak 2024 cash conversion (~0.64x) and volatile free cash flow — increase forecasting and capital allocation risk. Inconsistent cash generation can hinder steady investment and strategic execution over the medium term.

G.M. Breweries Ltd. News

G.M. Breweries Files Integrated Financial Results for December 2025 Period

The latest announcement is out from G.M. Breweries Ltd. ( ($IN:GMBREW) ). G.M. Breweries Ltd. has submitted its...

2M ago

G.M. Breweries Ltd. (GMBREW) Unveils Dividend Details for Q3: Mark Your Calendar!

G.M. Breweries Ltd. (NSE: GMBREW) has declared, under its dividend policy, a yearly cash dividend in the amount...

10M ago

GMBREW FAQ

What was G.M. Breweries Ltd.’s price range in the past 12 months?

G.M. Breweries Ltd. lowest stock price was ₹591.05 and its highest was ₹1328.00 in the past 12 months.

What is G.M. Breweries Ltd.’s market cap?

G.M. Breweries Ltd.’s market cap is ₹22.03B.

When is G.M. Breweries Ltd.’s upcoming earnings report date?

G.M. Breweries Ltd.’s upcoming earnings report date is Apr 02, 2026 which is in 17 days.

How were G.M. Breweries Ltd.’s earnings last quarter?

G.M. Breweries Ltd. released its earnings results on Jan 06, 2026. The company reported ₹18.388 earnings per share for the quarter, beating the consensus estimate of N/A by ₹18.388.

Is G.M. Breweries Ltd. overvalued?

According to Wall Street analysts G.M. Breweries Ltd.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does G.M. Breweries Ltd. pay dividends?

G.M. Breweries Ltd. pays a Annually dividend of ₹7.5 which represents an annual dividend yield of 0.72%. See more information on G.M. Breweries Ltd. dividends here

What is G.M. Breweries Ltd.’s EPS estimate?

G.M. Breweries Ltd.’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does G.M. Breweries Ltd. have?

G.M. Breweries Ltd. has 22,846,924 shares outstanding.

What happened to G.M. Breweries Ltd.’s price movement after its last earnings report?

G.M. Breweries Ltd. reported an EPS of ₹18.388 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -4.319%.

Which hedge fund is a major shareholder of G.M. Breweries Ltd.?

Currently, no hedge funds are holding shares in IN:GMBREW

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

G.M. Breweries Ltd.

G.M. Breweries Limited manufactures and sells alcoholic liquor in India. The company's alcoholic beverages include Indian made foreign liquor and country liquor. It offers its products under the G.M.SANTRA, G.M.DOCTOR, G.M.LIMBU PUNCH, and G.M.DILBAHAR SOUNF brand names. The company was incorporated in 1981 and is based in Mumbai, India.