Associated Alcohols & Breweries Ltd Stock Price Today (NSE: ASALCBR)

Associated Alcohols & Breweries Ltd

833.15+20.95 (+2.58%)
Market Open

Fundamental Score

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Associated Alcohols & Breweries Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Associated Alcohols & Breweries Ltd share price today is 833.15, up +2.58% on NSE/BSE as of 19 June 2026. Associated Alcohols & Breweries Ltd (ASALCBR) is a Small-cap company in the Breweries & Distilleries sector with a market capitalisation of 1.89K (Cr). The 52-week high for ASALCBR share price is 1277.00 and the 52-week low is 660.65. At a P/E ratio of 21.93x, ASALCBR is currently trading below its industry average P/E of 39.96x. The company has a Return on Equity (ROE) of 17.27% and a debt-to-equity ratio of 0.13.

Associated Alcohols & Breweries Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
926.90
Low
793.05
Volume
33.5K
Change
-3.69%

Associated Alcohols & Breweries Ltd share price chart: -3.69% return over the past month. 52-week high ₹1277.00, 52-week low ₹660.65.

Associated Alcohols & Breweries Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
812.20861.65806.00833.1574.26K (Cr)
833.70848.95807.20812.2029.95K (Cr)
864.90874.95835.00839.4525.89K (Cr)
864.90864.90864.90864.900.00 (Cr)
865.00875.75862.00864.9014.78K (Cr)
883.60887.00862.00868.5524.61K (Cr)
807.10896.35807.10887.602.25L (Cr)
821.00821.00795.00801.4514.65K (Cr)
824.40833.10805.00820.1530.22K (Cr)
804.00820.00793.05817.8024.44K (Cr)

Associated Alcohols & Breweries Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
833.70861.65806.00833.15-0.07%
887.95926.90793.05839.45-5.46%
697.00956.90679.35889.30+27.59%
755.00802.00660.65666.00-11.79%
826.05917.20793.00808.05-2.18%
962.90985.70774.05840.65-12.70%
973.001014.90915.10955.20-1.83%
1245.001277.00939.20973.70-21.79%
928.801270.00923.301220.20+31.37%
1058.001058.00920.00926.00-12.48%
1042.001090.90993.801045.70+0.36%
1140.301240.001028.601032.90-9.42%

AI Research Briefing

Powered by Gemini · 2026-04-09

Fairly valued small-cap play on premiumization with execution risk; limited margin of safety.

Research Confidence
6.0/10Moderate
COMPOUNDERBreakdown - 1M: -18.48%, 3M: -3.37%, 6M: -11.93%Fair - P/E of 21.93x vs Industry P/E of 39.96x

WHAT'S HAPPENING NOW (last 2-4 weeks)

Associated Alcohols & Breweries (ASALCBR) reported Q3 FY26 results. Net profit stood at , a 4.64% YoY increase and a 94.86% QoQ increase. Revenue was , down 20.38% YoY but up 2.58% QoQ. The Board met on April 1, 2026, to review the Annual Operating Plan and Budget for FY27.

CORE STORY (THE REAL GAME)

ASALCBR is transitioning from a B2B contract manufacturer to a B2C player focused on premium spirits, riding India's increasing appetite for premium liquor.

Why Now
  • Q3 FY26 net profit increased 4.64% YoY and 94.86% QoQ
  • Promoters increased stake by converting warrants, infusing ₹56.02 crore
  • Board reviewed FY27 Annual Operating Plan and Budget
Potential Catalysts
  • Successful launch of new premium products
  • Higher ethanol blending mandates
  • Significant order wins in contract manufacturing
Key Risks
  • Small-cap with liquidity risk
  • YoY revenue decline of 20.38% in Q3 FY26
  • Negative free cash flow of ₹-78.61 Cr over the last 5 years
Institutional Activity

Promoter increased stake by 1.93%. FII decreased stake by 0.15%.

Macro Context

Evolving government policies and taxation impact alcoholic beverage sales and profitability.

Cash Flow Quality

No - Free Cash Flow 5Y: ₹-78.61 Cr

3–6 Month Outlook

Focus on premiumization and geographic expansion over the next 3-6 months. Monitor execution and raw material prices.

Primary Thesis Risk

Failure to successfully execute premiumization strategy.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Good

Return on Equity (ROE)

17.27%

Profit generated per ₹1 of shareholder equity

Excellent

Return on Capital (ROCE)

20.01%

Returns generated on total capital deployed

Good

Oper. Profit Margin (5Y Avg)

12.61%

Average operating profit margin over 5 years

Dividend Yield

0.20%

Annual dividend as % of current share price

Associated Alcohols & Breweries Ltd Valuation Check

Excellent

Price to Earnings (P/E)

21.93x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

39.96x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

61.22%

% shares held by company founders/management

Poor

FII Holding

0.48%

% shares held by foreign institutional investors

Poor

DII Holding

0.03%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

-8.55%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

-0.31%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

15.53%

Compounded annual revenue growth over 5 years

Average

EPS Growth (5-Year CAGR)

10.17%

Earnings per share growth over 5 years

Average

Net Profit Growth (5-Year CAGR)

10.17%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.13x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

22.85x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-78.61 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Associated Alcohols & Breweries Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of ASALCBR across key market metrics for learning purposes.

Positive Indicators

8 factors identified

Strong Return on Equity (17.27%)

Observation: Efficient use of shareholders' capital generating superior returns.

Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.

Excellent ROCE Performance (20.01%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Attractive Valuation (P/E: 21.93 vs Industry: 39.96)

Observation: Trading at discount to industry peers.

Analysis: P/E below industry average may present value opportunity.

Consistent Growth Track Record (15.53% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Conservative Debt Levels (D/E: 0.13)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (22.85x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Balanced Promoter Holding (61.22%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

2 factors identified

Negative Free Cash Flow (₹-78.61 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

Limited Institutional Interest (FII+DII: 0.51%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

Associated Alcohols & Breweries Ltd vs Breweries & Distilleries Peers

Peer Comparison - Breweries & Distilleries

Compare Associated Alcohols & Breweries Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
44.9/100
833
₹1888.05
21.9
Average
17.27%
Good
20.01%
Excellent
0.1
Excellent
10.17%
Good
15.53%
Excellent
0.20%
65.7/100
1303
₹105236.82
61.4
Average
19.74%
Good
26.50%
Excellent
0.1
Excellent
19.53%
Excellent
5.29%
Good
0.83%
15.7/100
1340
₹44157.28
116.2
Average
10.77%
Average
13.88%
Average
0.2
Excellent
1.46%
Average
6.49%
Good
0.60%
54.6/100
3439
₹43100.40
92.8
Average
13.62%
Average
16.24%
Good
0.2
Excellent
7.07%
Good
15.12%
Excellent
0.12%
55.7/100
540
₹17423.21
67.8
Average
19.96%
Good
21.08%
Excellent
0.7
Good
104.36%
Excellent
3.28%
Average
0.58%
44.9/100
446
₹11698.42
42.9
Average
29.62%
Excellent
28.19%
Excellent
0.0
Excellent
26.40%
Excellent
17.05%
Excellent
0.21%
46.6/100
1001
₹7256.23
28.0
Average
11.06%
Average
12.35%
Average
0.9
Good
12.84%
Good
6.62%
Good
0.46%
55.6/100
579
₹5995.53
54.6
Average
20.07%
Excellent
22.68%
Excellent
0.4
Excellent
38.47%
Excellent
14.83%
Good
0.00%
34.3/100
875
₹3044.52
62.3
Average
2.54%
Poor
5.80%
Poor
0.5
Excellent
-15.85%
Poor
16.92%
Excellent
0.26%
61/100
946
₹2343.52
16.4
Average
14.57%
Average
18.13%
Good
0.0
Excellent
13.01%
Good
6.32%
Good
0.73%
46.7/100
85
₹2219.68
21.4
Average
16.17%
Good
17.98%
Good
0.2
Excellent
47.87%
Excellent
25.69%
Excellent
0.00%

Associated Alcohols & Breweries Ltd PE Ratio History

Historical price-to-earnings ratio for ASALCBR — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 202543.03₹955.2022.2x
FY 202428.00₹1103.2539.4x
FY 202322.99₹484.0521.1x
FY 202233.63₹426.4012.7x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Associated Alcohols & Breweries Ltd Dividend History

Annual cash dividends paid by ASALCBR — dividend yield 0.20%

Financial YearDividends Paid (₹ Cr)
FY 20253.62 Cr
FY 20241.81 Cr
FY 20231.81 Cr
FY 20221.81 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

Associated Alcohols & Breweries Ltd Quarterly Performance

Latest quarterly metrics for ASALCBR — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

-0.31%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

-8.55%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

15.53%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

10.17%

Compounded annual net profit growth over 5 years

Associated Alcohols & Breweries Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for ASALCBR — calculated from daily price history

41RSI 14
Neutral — RSI 41

Momentum is balanced — neither overbought nor oversold.

SMA 50
824
▲ Price above SMA 50 — Short-term bullish
SMA 200
925
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
35K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Associated Alcohols & Breweries Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Associated Alcohols & Breweries Ltd (ASALCBR) — sourced from NSE/BSE filings.

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Fetching financial data for Associated Alcohols & Breweries Ltd

About ASALCBR (Associated Alcohols & Breweries Ltd)

Associated Alcohols & Breweries Ltd is a spirited player in the alcoholic beverage industry, both within India and across international borders. They are deeply involved in the ful...l lifecycle of liquor production, encompassing everything from careful distillation to precise bottling. The company's operations are divided into two core areas: the production of potable alcohols, crafted for delightful consumption, and the creation of ethanol, a versatile substance used in various applications. This dual focus allows them to cater to a wide range of market demands and maintain a competitive edge. They strive to maintain high standards of quality and consistency throughout their processes. The company boasts a diverse portfolio, catering to a wide range of tastes and preferences. They excel at creating extra neutral alcohol, a crucial ingredient in many beverages, and produce both Indian Made Indian Liquor (IMIL) and Indian Made Foreign Liquor (IMFL), catering to local and international palates. Beyond these staples, they venture into the world of beer, spirits, and wine, offering a complete selection for consumers and establishments. Whiskey, vodka, rum, gin, tequila, and brandy all find a place within their repertoire, showcasing their expertise in crafting diverse alcoholic beverages. Furthermore, Associated Alcohols & Breweries demonstrates a commitment to innovation by producing grain-based ethanol. This diversified approach, combined with their dedication to quality, positions them as a strong contender in the ever-evolving beverage market. Their own branded products, like the well-known Central Province Whisky and Titanium Trip, showcase their dedication to crafting quality beverages. By maintaining this broad scope, they are sure to continue to see success and recognition.

Company Details

Symbol:ASALCBR
Industry:Breweries & Distilleries
Sector:Breweries & Distilleries

Key Leadership

Mr. Anshuman Kedia
CEO & Whole Time Director
Mr. Prasann Kumar Kedia
MD & Executive Director
Ms. Sangita Kedia
Vice President of ESG

Corporate Events

Recent
Ex-Dividend Date

ASALCBR Share Price: Frequently Asked Questions

What is the current share price of Associated Alcohols & Breweries Ltd?

Associated Alcohols & Breweries Ltd (ASALCBR) trades at ₹833.15 on NSE and BSE. Market cap ₹1.89K (Cr). Educational data only.

What is the P/E ratio of Associated Alcohols & Breweries Ltd?

Associated Alcohols & Breweries Ltd has a P/E of 21.93x vs industry average 39.96x.

What is the Bull Run score for Associated Alcohols & Breweries Ltd?

Associated Alcohols & Breweries Ltd has a Bull Run score of 44.9/100 based on 25+ financial parameters.

Does Associated Alcohols & Breweries Ltd pay dividends?

Associated Alcohols & Breweries Ltd has a dividend yield of 0.20%. Past dividends don't guarantee future payments.

What is the ROE of Associated Alcohols & Breweries Ltd?

Associated Alcohols & Breweries Ltd has ROE of 17.27%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Associated Alcohols & Breweries Ltd?

Associated Alcohols & Breweries Ltd has debt-to-equity of 0.13.

Is Associated Alcohols & Breweries Ltd a good investment?

Bull Run gives Associated Alcohols & Breweries Ltd a score of 44.9/100. This is not investment advice — consult a SEBI-registered advisor.