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  7. GM Breweries Ltd
Financial RatiosPE RatioShareholdingDividendQuarterly ResultsBalance SheetProfit & LossCash Flow

GM Breweries Ltd Stock Price Today (NSE: GMBREW)

GM Breweries Ltd

GMBREWBreweries & Distilleries
₹1055.15+₹6.25 (+0.60%)↑
As on 21 Apr 2026, 11:00 am ISTMarket Closed

Fundamental Score

...

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

GM Breweries Ltd share price today is ₹1055.15, up +0.60% on NSE/BSE as of 21 April 2026. GM Breweries Ltd (GMBREW) is a Small-cap company in the Breweries & Distilleries sector with a market capitalisation of ₹2.34K (Cr). The 52-week high for GMBREW share price is ₹1328.80 and the 52-week low is ₹630.00. At a P/E ratio of 16.37x, GMBREW is currently trading below its industry average P/E of 39.96x. The company has a Return on Equity (ROE) of 14.57% and a debt-to-equity ratio of 0.00.

GM Breweries Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
₹0.00
Low
₹0.00
Volume
0
Change
+0.60%

Institutional Deep-Dive

Bull Run Research Hub

Live Price:₹1055.15— Analysis below may reference an earlier price snapshot.

GM Breweries Share Price: A Growth Strategist's Perspective

A curious trend is emerging within the Breweries & Distilleries sector: While premiumization drives growth for some, value-driven brands are holding their own, reflecting a diverse consumer base. This analysis delves into the financial standing of GM Breweries share price, currently trading at ₹1033.699951, using publicly available data. We aim to offer a strategic perspective on its potential for industry dominance by assessing key financial metrics and comparing it with sector peers.

GM Breweries currently boasts a PE ratio of 16.37. While this figure alone doesn't paint a complete picture, it provides a preliminary benchmark against its competitors like India Glycols Ltd and others like Fratelli Vineyards Ltd and Allied Blenders & Distillers Pvt Ltd. A deeper dive into management quality is warranted when comparing GM Breweries to, say, India Glycols Ltd. Factors like capital allocation decisions, historical performance in volatile markets, and shareholder communication strategies are crucial indicators that differentiate superior management teams.

The Return on Capital Employed (ROCE) of 18.13% is a significant factor. This metric indicates how efficiently GM Breweries generates profit from its capital. A consistently high ROCE, sustained over multiple years, can contribute substantially to building a strong economic moat. It suggests the company possesses some competitive advantage, allowing it to earn returns above its cost of capital. This efficient capital allocation supports organic growth and potential for strategic acquisitions, both vital for long-term industry dominance.

It is important to remember that this analysis is part of a more comprehensive 80-parameter fundamental audit, verified by Sweta Mishra, focusing on evaluating the long-term potential of the company. This perspective is based purely on publicly available financial data and should not be construed as financial advice or a recommendation to buy or sell shares. It represents an observation of current market data.

SM
Analysis by Sweta Mishra
SEBI Registered Research Analyst

GM Breweries Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
2 Apr 26₹1028.90₹1060.05₹1001.00₹1055.1599.80K (Cr)
1 Apr 26₹1020.00₹1056.30₹1005.00₹1048.901.08L (Cr)
30 Mar 26₹1020.00₹1037.30₹975.00₹982.451.18L (Cr)
27 Mar 26₹1050.00₹1081.25₹1015.25₹1020.501.20L (Cr)
25 Mar 26₹1050.00₹1085.00₹1050.00₹1059.001.29L (Cr)
24 Mar 26₹1020.00₹1059.30₹1002.50₹1039.001.48L (Cr)
23 Mar 26₹982.00₹1016.70₹975.80₹991.551.12L (Cr)
20 Mar 26₹1002.50₹1032.45₹1002.00₹1006.0573.69K (Cr)
19 Mar 26₹1004.00₹1028.55₹990.00₹998.6079.52K (Cr)
18 Mar 26₹980.00₹1060.00₹974.30₹1028.553.20L (Cr)

GM Breweries Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
Apr 2026₹1020.00₹1060.05₹1001.00₹1055.15+3.45%
Mar 2026₹950.50₹1085.00₹945.10₹982.45+3.36%
Feb 2026₹956.05₹1089.00₹926.25₹995.50+4.13%
Jan 2026₹1196.00₹1328.80₹935.10₹974.20-18.55%
Dec 2025₹1025.60₹1220.00₹912.50₹1207.50+17.74%
Nov 2025₹1236.20₹1300.00₹981.20₹1020.50-17.45%
Oct 2025₹704.00₹1316.65₹701.25₹1226.40+74.20%
Sept 2025₹667.15₹740.00₹667.15₹702.40+5.28%
Aug 2025₹684.05₹700.70₹666.05₹675.55-1.24%
Jul 2025₹737.00₹768.00₹683.00₹689.60-6.43%
Jun 2025₹706.00₹860.55₹702.85₹741.55+5.04%
May 2025₹665.55₹759.00₹630.00₹704.20+5.81%

AI Research Briefing

Powered by Gemini · 2026-04-15

GMBREW is a low-growth, high-dividend yield play with limited upside and significant regulatory risk.

Research Confidence
6.0/10Moderate
COMPOUNDER1M: -16.31%, 3M: 46.92%, 6M: 43.88%. Recent pullback after a strong rally.P/E of 16.37x is cheap compared to the industry P/E of 39.96x.

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

GM Breweries (GMBREW) announced mixed Q4 FY26 results on April 9, 2026. Revenue grew 22.46% YoY to ₹812.09 crore, but net profit declined 11% to ₹54 crore due to rising input costs. Full year FY26 net profit jumped 30.48% to ₹156.82 crore, driven by a 13.37% rise in total income to ₹2,638.16 crore. The board proposed a dividend of ₹9 per share.

�� CORE STORY (THE REAL GAME):

Value play on local liquor demand in Maharashtra. GMBREW is not riding the premiumization wave; it's a bet on consistent, affordable alcohol consumption.

�� WHAT IS DRIVING THE STOCK:

Consistent Revenue Growth: FY26 revenue increased to ₹2,638.16 crore, a 13.37% rise.

Dividend Yield: Proposed dividend of ₹9 per share provides a yield of 0.73% at current prices.

Low Debt: Debt/Equity ratio is 0.0, indicating a strong balance sheet.

⚖️ BULL vs BEAR:

Bull:Stable demand for country liquor in Maharashtra, strong financials, and consistent dividend payouts make it a defensive play.

Bear:Margin pressure due to rising input costs, Q4 profit decline despite revenue growth, and limited participation in the premiumization trend. New real estate venture adds uncertainty.

�� WHAT MARKET IS PRICING:

The market is pricing in stable earnings from its core country liquor business. Risk: Any significant tax increases or regulatory changes in Maharashtra could severely impact profitability.

�� BOTTOM LINE:

GMBREW is a low-growth, high-dividend yield play with limited upside and significant regulatory risk. Not a compounder.

Why Now
  • Consistent revenue growth
  • Proposed dividend of ₹9 per share
  • Debt-free balance sheet
Potential Catalysts
  • Favorable changes in Maharashtra excise policy
  • Successful diversification into real estate
  • Acquisition by a larger player
Key Risks
  • Margin pressure from rising input costs
  • Concentration in a single state (Maharashtra)
  • New real estate venture adds uncertainty
  • Small-cap liquidity risk
Institutional Activity

FII decreased holdings by 0.07%. No significant change in DII or promoter holdings.

Macro Context

India's beer market is projected to grow, but GMBREW focuses on country liquor, potentially missing the premiumization trend.

Cash Flow Quality

Free Cash Flow 5Y: ₹309.75 Cr. Profit converting to cash.

3–6 Month Outlook

Stable performance expected in the next 3-6 months, driven by consistent demand. Real estate venture is a wildcard.

Primary Thesis Risk

Adverse regulatory changes in Maharashtra could decimate earnings.

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

Returns & Performance

Poor

ROE

14.57%
Good

ROCE

18.13%
Excellent

OPM (5Y)

19.40%

Div Yield

0.73%

GM Breweries Ltd Valuation Check

Excellent

P/E Ratio

16.37x
Poor

Industry P/E

39.96x
Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Market Cap

2.34K (Cr)

Shareholding Pattern

Excellent

Promoter

74.43%
Poor

FII

0.37%
Poor

DII

0.01%
Excellent

Pledged

0.00%

Growth Engine

Excellent

Profit Growth (Q)

61.01%
Excellent

Sales Growth (Q)

21.15%
Poor

Sales Growth (5Y)

6.32%
Good

EPS Growth (5Y)

12.96%
Excellent

Profit Growth (5Y)

13.01%

Balance Sheet Health

Excellent

Debt to Equity

0.00x
Excellent

Int. Coverage

344.96x

Free Cash Flow (5Y)

309.75 (Cr)

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

GM Breweries Ltd Fundamental Analysis & Valuation Benchmarking

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

Positive Indicators

10 factors identified

Excellent ROCE Performance (18.13%)

Observation: Superior returns on capital employed across business operations.

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

Strong Operating Margins (19.40%)

Observation: Healthy 5-year operating margins indicate pricing power and cost control.

Analysis: OPM >15% suggests operational efficiency and competitive advantages.

Attractive Valuation (P/E: 16.37 vs Industry: 39.96)

Observation: Trading at discount to industry peers.

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

Robust Profit Growth (61.01%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Strong Revenue Growth (21.15%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Debt-Free Balance Sheet (D/E: 0.00)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (344.96x)

Observation: Earnings comfortably cover interest obligations.

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

Strong Cash Generation (₹309.75 Cr over 5Y)

Observation: Healthy free cash flow generation supports growth and returns.

Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.

Balanced Promoter Holding (74.43%)

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

1 factors identified

Limited Institutional Interest (FII+DII: 0.38%)

Observation: Low institutional participation may affect liquidity.

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

Peer Comparison - Breweries & Distilleries

Compare GM Breweries Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Overall score
Valuation
Price metrics
Profitability
Return metrics
Financial Health
Debt management
Growth
5Y performance
Dividend
Yield %
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
GM Breweries LtdGM Breweries Lt...Selected✓
GMBREW • 507488
61/100
₹1055.15₹1055
₹2343.52₹2343.52
16.37Average
16.4
Average
14.57%Average
14.57%
Average
18.13%Good
18.13%
Good
0.00Excellent
0.0
Excellent
13.01%Good
13.01%
Good
6.32%Good
6.32%
Good
0.73%
United Spirits LtdUnited Spirits ...
UNITDSPR • 532432
65.7/100
₹1361.00₹1361
₹105236.82₹105236.82
61.38Average
61.4
Average
19.74%Good
19.74%
Good
0.00%Poor
0.00%
Poor
0.05Excellent
0.1
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
United Bank LtdUnited Bank Ltd...
UBL • 532478
15.7/100
₹1500.90₹1501
₹44157.28₹44157.28
116.18Average
116.2
Average
10.77%Average
10.77%
Average
0.00%Poor
0.00%
Poor
0.18Excellent
0.2
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Radico Khaitan LtdRadico Khaitan ...
RADICO • 532497
54.6/100
₹3195.80₹3196
₹43100.40₹43100.40
92.84Average
92.8
Average
13.62%Average
13.62%
Average
0.00%Poor
0.00%
Poor
0.21Excellent
0.2
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Allied Blenders & Distillers Pvt LtdAllied Blenders...
ABDL • 544203
55.7/100
₹565.00₹565
₹17423.21₹17423.21
67.80Average
67.8
Average
19.96%Good
19.96%
Good
0.00%Poor
0.00%
Poor
0.68Good
0.7
Good
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Tilaknagar Industries LtdTilaknagar Indu...
TI • 507205
44.9/100
₹475.10₹475
₹11698.42₹11698.42
42.93Average
42.9
Average
29.62%Excellent
29.62%
Excellent
0.00%Poor
0.00%
Poor
0.02Excellent
0.0
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
India Glycols LtdIndia Glycols L...
INDIAGLYCO • 500201
46.6/100
₹964.95₹965
₹7256.23₹7256.23
28.00Average
28.0
Average
11.06%Average
11.06%
Average
0.00%Poor
0.00%
Poor
0.86Good
0.9
Good
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Piccadily Agro Industries LtdPiccadily Agro ...
PICCADIL • 530305
55.6/100
₹604.85₹605
₹5995.53₹5995.53
54.63Average
54.6
Average
20.07%Excellent
20.07%
Excellent
0.00%Poor
0.00%
Poor
0.40Excellent
0.4
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Globus Spirits LtdGlobus Spirits ...
GLOBUSSPR • 533104
34.3/100
₹1003.05₹1003
₹3044.52₹3044.52
62.26Average
62.3
Average
2.54%Poor
2.54%
Poor
0.00%Poor
0.00%
Poor
0.45Excellent
0.5
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Som Distilleries & Breweries LtdSom Distillerie...
SDBL • 507514
46.7/100
₹86.92₹87
₹2219.68₹2219.68
21.45Average
21.4
Average
16.17%Good
16.17%
Good
0.00%Poor
0.00%
Poor
0.24Excellent
0.2
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Sula Vineyards LtdSula Vineyards ...
SULA • 543711
34/100
₹175.59₹176
₹1960.11₹1960.11
39.96Average
40.0
Average
12.30%Average
12.30%
Average
0.00%Poor
0.00%
Poor
0.71Good
0.7
Good
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%

GM Breweries Ltd Financial Statements

Comprehensive financial data for GM Breweries Ltd including income statement, balance sheet and cash flow

About GMBREW (GM Breweries Ltd)

GM Breweries Ltd is a prominent Indian manufacturer and purveyor of alcoholic beverages, deeply rooted in the nation's evolving tastes and traditions. With decades of experience, t...he company deftly blends time-honored brewing techniques with modern innovations, crafting a diverse portfolio that caters to a wide spectrum of preferences. Their dedication extends beyond simply producing beverages, as they strive to embody a celebration of life's moments, from everyday gatherings to special occasions. GMBREW remains steadfast in its commitment to quality and consistency, establishing itself as a trusted name in the Indian alcoholic beverage market. They have strategically focused on value-driven products targeted towards a specific consumer segment, thereby achieving substantial market penetration. The company's product line features a carefully curated selection of both Indian Made Foreign Liquor (IMFL) and country liquor, each crafted with meticulous attention to detail. Their branded offerings, including the popular G.M.SANTRA, G.M.DOCTOR, G.M.LIMBU PUNCH, and G.M.DILBAHAR SOUNF, have become synonymous with quality and reliability among consumers. These brands represent a commitment to providing flavorful and satisfying experiences at affordable prices, solidifying their popularity across various demographics. GMBREW leverages extensive distribution networks to ensure its products are readily available throughout the country, allowing consumers easy access to its diverse range of beverages. Established in 1981 and headquartered in the bustling metropolis of Mumbai, GMBREW has grown from humble beginnings into a recognized leader in the Indian beverage industry. The company's success can be attributed to its unwavering focus on customer satisfaction, coupled with its commitment to responsible business practices. GM Breweries continually invests in upgrading its infrastructure and refining its processes to maintain its competitive edge in the market. Guided by a strong leadership team and a dedicated workforce, GMBREW continues to explore opportunities for growth and expansion, while remaining true to its core values of quality, innovation, and customer-centricity.

Company Details

Symbol:GMBREW
Industry:Breweries & Distilleries
Sector:Breweries & Distilleries
Website:https://www.gmbreweries.com

Key Leadership

Mr. Jimmy William Almeida Kashyap
Executive Chairman & MD
Ms. Jyoti Jimmy Almeida Kashyap
Whole Time Director
Mr. Kiran Yashawant Parashare
Whole Time Director

Corporate Events

Recent
Ex-Dividend Date
2025-05-22

Latest News

Sula Vineyards, GM Breweries shares jump up to 18%. What's making their brew stronger? - The Economic Times
The Economic Times• 6/11/2025

GMBREW Share Price: Frequently Asked Questions

What is the current share price of GM Breweries Ltd?

As of 21 Apr 2026, 11:00 am IST, GM Breweries Ltd share price is ₹1055.15. The GM Breweries Ltd stock has a market capitalisation of ₹2.34K (Cr) on NSE/BSE.

Is GM Breweries Ltd share price Overvalued or Undervalued?

GM Breweries Ltd share price is currently trading at a P/E ratio of 16.37x, compared to the industry average of 39.96x. Based on this relative valuation, the GM Breweries Ltd stock appears to be Undervalued against its sector peers.

What is the 52-week high and low of GM Breweries Ltd share price?

The 52-week high of GM Breweries Ltd share price is ₹1328.80 and the 52-week low is ₹630.00. These values are updated daily from NSE/BSE price data.

What factors affect the GM Breweries Ltd share price?

Key factors influencing GM Breweries Ltd share price include quarterly earnings growth (Sales Growth: 21.15%), raw material costs, government spending, and institutional flows (FII/DII holding).

Is GM Breweries Ltd a good stock for long-term investment?

GM Breweries Ltd shows a 5-year Profit Growth of 13.01% and an ROE of 14.57%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.00 before investing in GM Breweries Ltd shares.

How does GM Breweries Ltd compare with its industry peers?

GM Breweries Ltd competes with major peers in the Breweries & Distilleries. Investors should compare GM Breweries Ltd share price P/E of 16.37x and ROE of 14.57% against the industry averages to determine competitive standing.

What is the P/E ratio of GM Breweries Ltd and what does it mean?

GM Breweries Ltd share price has a P/E ratio of 16.37x compared to the industry average of 39.96x. Investors pay ₹16 for every ₹1 of annual earnings.

How is GM Breweries Ltd performing according to Bull Run's analysis?

GM Breweries Ltd has a Bull Run fundamental score of 61/100, indicating moderate strength with some areas for improvement. This comprehensive rating is based on 15+ financial parameters.

What sector and industry does GM Breweries Ltd belong to?

GM Breweries Ltd operates in the Breweries & Distilleries industry. This classification helps understand the competitive landscape and sector-specific trends affecting GM Breweries Ltd share price.

What is Return on Equity (ROE) and why is it important for GMBREW?

GMBREW has an ROE of 14.57%, which shows decent profitability but room for improvement. ROE measures how efficiently GM Breweries Ltd generates profits from shareholders capital.

How is GMBREW debt-to-equity ratio and what does it indicate?

GMBREW has a debt-to-equity ratio of 0.00, which indicates conservative financing with low financial risk.

What is GMBREW dividend yield and is it a good dividend stock?

GMBREW offers a dividend yield of 0.73%, meaning you receive ₹0.73 annual dividend for every ₹100 invested in GM Breweries Ltd shares.

How has GMBREW share price grown over the past 5 years?

GMBREW has achieved 5-year growth rates of: Sales Growth 6.32%, Profit Growth 13.01%, and EPS Growth 12.96%.

What is the promoter holding in GMBREW and why does it matter?

Promoters hold 74.43% of GMBREW shares, with 0.00% pledged. High promoter holding often indicates strong management confidence in GM Breweries Ltd.

What is GMBREW market capitalisation category?

GMBREW has a market capitalisation of ₹2344 crores, placing it in the Small-cap category.

How volatile is GMBREW stock?

GMBREW has a beta of N/A. A beta > 1 suggests the GM Breweries Ltd stock is more volatile than the market, while a beta < 1 suggests it is less volatile.

What is GMBREW operating profit margin trend?

GMBREW has a 5-year average Operating Profit Margin (OPM) of 19.40%, indicating the company's operational efficiency.

How is GMBREW quarterly performance?

Recent quarterly performance shows GM Breweries Ltd YoY Sales Growth of 21.15% and YoY Profit Growth of 61.01%.

What is the institutional holding pattern in GMBREW?

GMBREW has FII holding of 0.37% and DII holding of 0.01%. Significant institutional holding often suggests professional confidence in the GM Breweries Ltd stock.

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