Associated Alcohols & Breweries Ltd. (ASALCBR) AI Stock Analysis

• Market Cap: ₹19.07B
• Dividend Yield: 0.19%
• Average Volume (3M): 5.78K
• Price to Earnings (P/E): 21.8
• Beta (1Y): 1.80
• Revenue Growth: 27.55%
• EPS Growth: 56.11%
• Country: IN
• Employees: 567
• Sector: Consumer Defensive
• Sector Strength: 67
• Industry: Beverages - Wineries & Distilleries
• EPS (TTM): 13.08
• Shares Outstanding: 18,079,200
• 10 Day Avg. Volume: 4,367
• 30 Day Avg. Volume: 5,777
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹1,244.00
• Price Target Upside: 17.97% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 71 Outperform
• Price Target: ₹1,244.00 ▲(17.97% Upside)

Associated Alcohols & Breweries Ltd. scores well due to strong financial performance and positive medium-term momentum, despite high capital expenditures impacting cash flow and a relatively high P/E ratio suggesting overvaluation. Technical indicators show mixed signals, with potential short-term weakness but longer-term bullish momentum.

Associated Alcohols & Breweries Ltd. Business Overview & Revenue Model

Company Description

Associated Alcohols & Breweries Ltd. (ASALCBR) is a prominent player in the alcoholic beverages industry in India. The company is engaged in the production and sale of various types of alcoholic beverages, including whisky, rum, vodka, and other spirits. With a strong emphasis on quality and innovation, ASALCBR caters to a diverse consumer base, offering products that range from mass-market to premium segments. The company's operations are supported by a robust distribution network that spans across domestic and international markets.

How the Company Makes Money

Associated Alcohols & Breweries Ltd. generates revenue through the production and sale of alcoholic beverages. The company's key revenue streams include the sale of its branded products across various categories such as whisky, rum, and vodka. ASALCBR benefits from its extensive distribution network, which allows it to reach a wide range of retail outlets, bars, and restaurants, both domestically and internationally. In addition to direct sales, the company may engage in strategic partnerships and collaborations to enhance market reach and brand recognition. Factors contributing to its earnings include a strong brand portfolio, effective marketing strategies, and the ability to adapt to changing consumer preferences.

Associated Alcohols & Breweries Ltd. Financial Statement Overview

Summary

Associated Alcohols & Breweries Ltd. shows strong revenue growth and improving profitability, with a solid balance sheet. However, negative Free Cash Flow due to high capital expenditures affects short-term liquidity.

Income Statement

The company shows strong revenue growth with a 42.5% increase from 2024 to 2025. Gross Profit Margin improved to 32.2% in 2025, indicating efficient production. Net Profit Margin increased to 7.6%, reflecting better cost control and profitability. However, EBITDA Margin is low at 11.9%, suggesting room for operational efficiency improvements.

Balance Sheet

The Debt-to-Equity Ratio is stable at 0.20, reflecting prudent financial management. Return on Equity improved to 15.6%, showing efficient use of equity to generate profits. The Equity Ratio is strong at 72.5%, indicating a solid asset base funded by equity. However, the increase in total liabilities requires monitoring.

Cash Flow

Operating Cash Flow is positive and growing, but Free Cash Flow remains negative due to high capital expenditures. The Operating Cash Flow to Net Income Ratio is 0.91, suggesting good cash conversion. However, the negative Free Cash Flow to Net Income Ratio indicates heavy investment impacting liquidity.

Breakdown	Mar 2025	Mar 2024	Mar 2022	Mar 2023	Mar 2021
Income Statement
Total Revenue	10.76B	7.55B	5.13B	7.01B	4.36B
Gross Profit	3.47B	2.47B	2.28B	3.27B	2.08B
EBITDA	1.28B	863.59M	961.91M	712.41M	936.19M
Net Income	814.16M	506.23M	608.06M	415.56M	579.57M
Balance Sheet
Total Assets	7.18B	6.19B	4.00B	5.38B	3.30B
Cash, Cash Equivalents and Short-Term Investments	153.31M	355.19M	763.05M	836.88M	729.49M
Total Debt	1.02B	1.08B	54.41M	1.00B	112.36M
Total Liabilities	1.97B	1.96B	873.73M	1.75B	779.19M
Stockholders Equity	5.20B	4.23B	3.13B	3.63B	2.52B
Cash Flow
Free Cash Flow	-121.26M	-756.76M	395.00M	-861.16M	542.50M
Operating Cash Flow	739.15M	284.20M	792.33M	67.63M	667.00M
Investing Cash Flow	-830.88M	-324.88M	-699.80M	-942.24M	-647.16M
Financing Cash Flow	9.28M	126.57M	-85.40M	862.65M	-33.79M

Associated Alcohols & Breweries Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1054.55
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ASALCBR, the sentiment is Negative. The current price of 1054.55 is below the 20-day moving average (MA) of 1101.14, below the 50-day MA of 1102.48, and below the 200-day MA of 1119.32, indicating a bearish trend. The MACD of -28.84 indicates Positive momentum. The RSI at 37.40 is Neutral, neither overbought nor oversold. The STOCH value of 33.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:ASALCBR.

Associated Alcohols & Breweries Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ASALCBR	71 Outperform	₹19.07B	21.82		0.19%	27.55%	56.11%
SDBL	70 Outperform	₹27.17B	27.21		―	12.67%	9.43%
SULA	64 Neutral	₹21.09B	36.67		1.37%	-2.12%	-39.06%
TI	64 Neutral	₹95.74B	34.33		0.11%	4.44%	81.62%
Sector *	63 Neutral	$21.01B	14.53	-7.26%	3.13%	3.36%	-7.91%
RKDL	45 Neutral	₹672.00M	472.18		―	57.93%	―

Associated Alcohols & Breweries Ltd. Corporate Events

Associated Alcohols & Breweries Ltd. Announces Virtual AGM for 2025

Associated Alcohols & Breweries Ltd. announced that its 36th Annual General Meeting will be held on August 2, 2025, via video conferencing. This move aligns with regulatory compliance and reflects the company’s adaptation to modern communication methods, potentially enhancing stakeholder engagement.