Som Distilleries & Breweries Ltd. (SDBL) AI Stock Analysis

• Market Cap: ₹25.24B
• Dividend Yield: N/A
• Average Volume (3M): 74.11K
• Price to Earnings (P/E): 25.3
• Beta (1Y): 1.20
• Revenue Growth: -0.87%
• EPS Growth: 10.87%
• Country: IN
• Employees: 494
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Beverages - Alcoholic
• EPS (TTM): 0.94
• Shares Outstanding: 193,776,300
• 10 Day Avg. Volume: 64,138
• 30 Day Avg. Volume: 74,109
• PEG Ratio: 1.22
• Price to Book (P/B): 3.00
• Price to Sales (P/S): 1.55
• P/FCF Ratio: -38.44
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 63 Neutral
• Price Target: ₹124.00 ▲(11.11% Upside)

The overall stock score is primarily influenced by strong financial performance, despite high debt levels and cash flow challenges. Technical analysis indicates bearish momentum, which is a significant risk. Valuation is moderate, but the lack of a dividend yield may deter some investors.

Positive Factors

Revenue Growth

Consistent revenue growth indicates expanding market presence and effective product strategies, supporting long-term business sustainability.

Profitability

Improved profitability reflects efficient cost management and operational effectiveness, enhancing financial stability and shareholder value.

Operational Efficiency

Strong EBIT and EBITDA margins demonstrate effective cost control and operational management, supporting sustainable profit growth.

Negative Factors

High Debt Levels

High debt levels can strain financial resources and limit strategic flexibility, posing risks to long-term financial health if not managed.

Cash Flow Challenges

Challenges in generating free cash flow can impact liquidity and limit the company's ability to invest in growth opportunities.

Historical Losses

Past losses may indicate potential vulnerabilities in business operations, requiring careful management to ensure sustained profitability.

Som Distilleries & Breweries Ltd. Business Overview & Revenue Model

Company Description

Som Distilleries & Breweries Limited manufactures and sells beer and Indian made foreign liquor (IMFL) products in India and internationally. It offers beer under the Hunter, Black Fort, Power Cool, and Woodpecker brand names; whisky under the Pentagon, Milestone, and Legend brand names; Vodka under the White Fox brand name; rum under the Black Fort brand name; Brandy under the Legend brand name; ready to drink under the Naughty Orange, Cosmo Cranberry, and Tangy Lemon brand names; and other IMFL products under the Genius, Sunny, Gypsy, and Blue Chip brand names. The company was incorporated in 1993 and is based in Bhopal, India.

How the Company Makes Money

Som Distilleries & Breweries Ltd. generates revenue primarily through the sale of its alcoholic beverages. The company's key revenue streams include the production and distribution of branded spirits and beers, which are sold through retail and wholesale channels. Additionally, SDBL benefits from strategic partnerships with distributors and retailers, enabling broader market access and enhanced sales volume. The company also engages in promotional activities and brand development to increase consumer recognition and loyalty, further contributing to its earnings. Seasonal demand variations and evolving consumer preferences in the beverage market also play a significant role in shaping its revenue model.

Som Distilleries & Breweries Ltd. Financial Statement Overview

Summary

Som Distilleries & Breweries Ltd. demonstrates strong revenue growth and improved profitability, which are positive indicators for future performance. The balance sheet is stable with a solid equity base, although high debt levels warrant monitoring. Cash flow management appears challenging, with negative free cash flows in certain years, suggesting a need for improved liquidity management. Despite these challenges, the company shows resilience and potential for continued growth.

Income Statement

Som Distilleries & Breweries Ltd. shows strong profitability with a robust gross profit margin and consistent revenue growth over the years. The Net Profit Margin has improved significantly from negative in 2021 to positive in 2025, indicating a recovery and efficient cost management. The EBIT and EBITDA margins are healthy, highlighting operational efficiency. However, the initial years showed losses, which could pose a historical risk.

Balance Sheet

The company's balance sheet showcases a solid equity base with improving stockholders' equity over time, reflecting robust financial health. The debt-to-equity ratio is relatively stable, suggesting manageable leverage levels. The equity ratio indicates a strong asset base funded by equity. However, the total debt levels are significant, which could pose potential risks if not managed carefully.

Cash Flow

The cash flow analysis reveals challenges in generating free cash flow, as indicated by some negative free cash flow figures in recent years. This could suggest difficulties in covering capital expenditures with operating cash flow. The operating cash flow to net income ratio is positive, indicating operational activities are generating cash, but the free cash flow to net income ratio is weak, highlighting potential liquidity concerns.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	14.58B	14.43B	12.83B	8.08B	3.63B	2.88B
Gross Profit	5.34B	4.44B	4.01B	2.96B	1.54B	1.22B
EBITDA	1.88B	1.81B	1.53B	1.03B	195.90M	-70.00M
Net Income	1.08B	1.04B	864.96M	603.02M	-98.40M	-380.73M
Balance Sheet
Total Assets	0.00	13.43B	11.69B	9.12B	6.99B	7.12B
Cash, Cash Equivalents and Short-Term Investments	199.88M	199.88M	127.75M	126.37M	88.54M	137.25M
Total Debt	0.00	1.71B	1.97B	2.49B	2.01B	2.10B
Total Liabilities	-7.87B	5.56B	5.76B	5.36B	4.10B	4.30B
Stockholders Equity	7.87B	7.48B	5.62B	3.75B	2.90B	2.82B
Cash Flow
Free Cash Flow	0.00	-583.60M	-85.99M	-851.37M	24.46M	73.81M
Operating Cash Flow	0.00	422.24M	975.16M	142.75M	92.51M	234.14M
Investing Cash Flow	0.00	-1.01B	-1.13B	-1.08B	-60.24M	-128.93M
Financing Cash Flow	0.00	652.48M	160.51M	973.07M	-82.06M	-179.93M

Som Distilleries & Breweries Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 111.60
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SDBL, the sentiment is Negative. The current price of 111.6 is below the 20-day moving average (MA) of 119.23, below the 50-day MA of 125.11, and below the 200-day MA of 136.03, indicating a bearish trend. The MACD of -4.09 indicates Positive momentum. The RSI at 32.66 is Neutral, neither overbought nor oversold. The STOCH value of 10.39 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:SDBL.

Som Distilleries & Breweries Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TI	66 Neutral	₹91.66B	33.63	―	0.22%	3.35%	56.08%
ASALCBR	66 Neutral	₹22.65B	24.70	―	0.21%	16.02%	48.63%
UBL	65 Neutral	₹479.09B	130.77	―	0.59%	8.08%	-22.42%
SDBL	63 Neutral	₹25.24B	25.27	―	―	-0.87%	10.87%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
SULA	57 Neutral	₹18.93B	38.58	―	1.54%	-2.15%	-42.78%