Stock Report

Associated Alcohols & Breweries Reports Q1 FY27 Revenue Growth of 6% to ₹286.3 Crore; Net Profit Stands at ₹17.8 Crore

Posted On : 2026-07-24 18:07:08( TIMEZONE : IST )

Associated Alcohols & Breweries Limited (BSE: 507525, NSE: ASALCBR) announced its unaudited consolidated financial results for the first quarter ended June 30, 2026 (Q1 FY27), demonstrating steady top-line growth driven by its core Potable Alcohols Division.

The company achieved a 5.96% year-on-year increase in operational revenue, reaching ₹28,630.26 lakh, supported by higher volume throughput in its beverage business despite margin compression in its Ethanol segment.

Consolidated Financial Summary (Q1 FY27 vs Q1 FY26)

Revenue from Operations: Stood at ₹28,630.26 lakh, registering a 5.96% YoY growth compared to ₹27,020.52 lakh in Q1 FY26. Sequentially, operational revenue grew 18.50% QoQ from ₹24,160.24 lakh in Q4 FY26.

Total Income: Reached ₹28,940.71 lakh (including other income of ₹310.45 lakh), reflecting a 6.39% YoY growth over ₹27,201.92 lakh in Q1 FY26.

Profit Before Tax (PBT): Reported at ₹2,405.42 lakh, down 24.28% YoY from ₹3,176.94 lakh in Q1 FY26 and ₹3,243.26 lakh in Q4 FY26.

Net Profit After Tax (PAT): Arrived at ₹1,783.12 lakh, down 24.60% YoY compared to ₹2,364.89 lakh in Q1 FY26 and ₹2,350.42 lakh in Q4 FY26.

Total Comprehensive Income: Stood at ₹1,789.44 lakh for the quarter, compared to ₹2,365.42 lakh in Q1 FY26.

Earnings Per Share (EPS): Basic and diluted EPS stood at ₹8.88 per share (face value ₹10 each), compared to ₹12.33 in Q1 FY26 and ₹12.00 in Q4 FY26.

Segment-Wise Performance Overview

Q1 FY27 REVENUE BREAKDOWN

 +-------------------------------------------------------------+
 | Potable Alcohols Division ₹21,254.17 Lakh (72.1%) |
 +-------------------------------------------------------------+
 | Ethanol Division   ₹8,236.42 Lakh (27.9%) |
 +-------------------------------------------------------------+

(Gross segment revenues before inter-segment elimination of ₹860.33 Lakh)

1. Potable Alcohols Division

Segment Revenue: Generat ₹21,254.17 lakh, compared to ₹20,511.08 lakh in Q1 FY26 and ₹21,915.81 lakh in Q4 FY26.

Segment Results (PBIT): Rose 4.93% YoY to ₹3,412.47 lakh (versus ₹3,252.01 lakh in Q1 FY26), underscoring firm profitability in the main spirits and liquor operations.

2. Ethanol Division

Segment Revenue: Expanded 14.07% YoY to ₹8,236.42 lakh, compared to ₹7,221.36 lakh in Q1 FY26 and ₹3,766.40 lakh in Q4 FY26.

Segment Results (PBIT): Recorded a segment loss of ₹(836.71) lakh, against a segment profit of ₹107.21 lakh in Q1 FY26 and a loss of ₹(647.07) lakh in Q4 FY26, impacting overall group margins.

Expenses & Cost Structure Analysis

Consolidated total expenses for Q1 FY27 stood at ₹26,535.29 lakh, up 10.45% YoY from ₹24,024.98 lakh in Q1 FY26:

Cost of Materials Consumed: Increased 10.03% YoY to ₹16,389.23 lakh (versus ₹14,894.59 lakh in Q1 FY26).

Changes in Inventories: Finished goods and WIP inventory changes stood at ₹1,410.76 lakh.

Excise Duty on Sale of Goods: Stood at ₹544.71 lakh (versus ₹351.77 lakh in Q1 FY26).

Employee Benefits Expense: Rose to ₹1,587.20 lakh (versus ₹1,305.30 lakh in Q1 FY26).

Power and Fuel: Amounted to ₹1,540.72 lakh (versus ₹1,635.92 lakh in Q1 FY26).

Finance Costs: Stood at ₹184.29 lakh (versus ₹155.65 lakh in Q1 FY26).

Depreciation & Amortisation: Increased to ₹706.50 lakh (versus ₹560.13 lakh in Q1 FY26).

Other Expenses: Stood at ₹4,171.88 lakh (versus ₹3,914.25 lakh in Q1 FY26).

Tax Expense: Total tax provision for the quarter was ₹622.30 lakh (comprising current tax of ₹486.79 lakh and deferred tax of ₹135.51 lakh).

Capital Structure & Asset Base

Paid-Up Equity Share Capital: Remained unchanged at ₹2,007.92 lakh (face value ₹10 per share). Paid-up capital stood at ₹1,807.92 lakh in Q1 FY26.

Total Assets: Expanded to ₹90,263.01 lakh as of June 30, 2026, up 24.59% YoY from ₹72,448.00 lakh in Q1 FY26 and ₹85,579.53 lakh as of March 31, 2026.

Potable Alcohols Assets: ₹47,180.81 lakh

Ethanol Assets: ₹24,345.41 lakh

Unallocable Assets: ₹18,736.79 lakh

Total Liabilities: Stood at ₹19,012.23 lakh as of June 30, 2026 (compared to ₹18,057.86 lakh in Q1 FY26 and ₹16,118.19 lakh as of March 31, 2026).

Shares of Associated Alcohols & Breweries Ltd. was last trading in BSE at Rs. 803.00 as compared to the previous close of Rs. 786.10. The total number of shares traded during the day was 1671 in over 214 trades.

The stock hit an intraday high of Rs. 813.00 and intraday low of 781.80. The net turnover during the day was Rs. 1334319.00.