{"id":2097,"date":"2026-06-04T11:35:00","date_gmt":"2026-06-04T06:05:00","guid":{"rendered":"https:\/\/www.bullscreen.in\/news\/?p=2097"},"modified":"2026-06-04T11:16:35","modified_gmt":"2026-06-04T05:46:35","slug":"associated-alcohols-breweries-q4-results-2026-profitability-premium-liquor-growth","status":"publish","type":"post","link":"https:\/\/www.bullscreen.in\/news\/associated-alcohols-breweries-q4-results-2026-profitability-premium-liquor-growth\/","title":{"rendered":"Associated Alcohols & Breweries Q4 Results 2026: Profitability Jumps as Premium Liquor Business Drives Growth"},"content":{"rendered":"\n

Associated Alcohols & Breweries Limited<\/a> (AABL) reported a solid performance in its Q4 results 2026<\/strong> cycle, with stronger profitability and growing contribution from premium liquor brands helping offset a decline in overall revenue. The company continued to strengthen its product mix strategy, focusing on higher-margin proprietary brands and operational efficiency.<\/p>\n\n\n\n

For FY26, gross revenue stood at Rs 10,333 million, down 6% from Rs 10,966 million in FY25, while net revenue from operations declined 5% to Rs 10,194 million. Despite lower revenue, earnings improved significantly as EBITDA rose 12% year-over-year to Rs 1,429 million. EBITDA margin expanded by 200 basis points to 14%, reflecting better cost management and improved product economics.<\/p>\n\n\n\n

Net profit after tax increased 9% to Rs 885 million, while basic earnings per share rose 5% to Rs 47.42. The company also maintained a strong financial profile with a negative net debt-to-equity ratio of -0.09x and interest coverage of 23x.<\/p>\n\n\n\n

A key growth driver was the proprietary IMFL business. Volume in the segment increased 32% year-over-year to 1.8 million cases, while revenue climbed 29% to Rs 2,378 million. Segment EBITDA surged 38%, with margins improving to 18% from 17% a year earlier.<\/p>\n\n\n\n

The company also strengthened its expansion plans through the acquisition of SDF Industries in Kerala for Rs 30.85 crore, aimed at increasing in-house bottling capacity. Looking ahead, AABL plans to launch premium Brandy and Tequila products in H1FY27 while targeting proprietary brands to contribute nearly 50% of revenue, excluding ethanol, by FY30.<\/p>\n\n\n\n

Over the last decade, AABL has delivered a consistent growth trend, reporting revenue CAGR of 13%, EBITDA CAGR of 14%, and PAT CAGR of 20%, indicating a continued shift toward premium and higher-margin businesses.<\/p>\n\n\n\n

<\/i><\/span>Associated Alcohols & Breweries Q4 Results 2026 Snapshot <\/h2>
<\/div><\/div>\n\n\n\n
\ud83d\udcca Key Financial Metrics<\/th>FY26<\/th>YoY Change<\/th><\/tr><\/thead>
Gross Revenue<\/td>\u20b910,333 Mn<\/td>\u2193 6%<\/td><\/tr>
Net Revenue<\/td>\u20b910,194 Mn<\/td>\u2193 5%<\/td><\/tr>
EBITDA<\/td>\u20b91,429 Mn<\/td>\u2191 12%<\/td><\/tr>
EBITDA Margin<\/td>14%<\/td>\u2191 200 bps<\/td><\/tr>
Profit After Tax (PAT)<\/td>\u20b9885 Mn<\/td>\u2191 9%<\/td><\/tr>
EPS<\/td>\u20b947.42\/share<\/td>\u2191 5%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

<\/i><\/span>Growth Engine: Proprietary IMFL Business <\/h2>
<\/div><\/div>\n\n\n\n
\ud83e\udd43 Segment Performance<\/th>FY26<\/th>YoY Change<\/th><\/tr><\/thead>
IMFL Volume<\/td>1.803 Million Cases<\/td>\u2191 32%<\/td><\/tr>
IMFL Revenue<\/td>\u20b92,378 Mn<\/td>\u2191 29%<\/td><\/tr>
IMFL EBITDA Growth<\/td>\u2014<\/td>\u2191 38%<\/td><\/tr>
IMFL Margin<\/td>18%<\/td>\u2191 from 17%<\/td><\/tr>
FY30 Target Contribution<\/td>50% of Revenue*<\/td>Target<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

*Excluding ethanol revenue<\/p>\n\n\n\n

<\/i><\/span>Expansion & Balance Sheet Highlights <\/h2>
<\/div><\/div>\n\n\n\n
\ud83d\ude80 Strategic Highlights<\/th>Details<\/th><\/tr><\/thead>
Kerala Acquisition<\/td>SDF Industries acquired for \u20b930.85 Cr<\/td><\/tr>
Kerala FY27 Target<\/td>2 Million Cases<\/td><\/tr>
ENA Volume<\/td>22 Million Litres (\u219124%)<\/td><\/tr>
Debt Position<\/td>Net Debt\/Equity: -0.09x<\/td><\/tr>
Interest Coverage<\/td>23x<\/td><\/tr>
Upcoming Launches<\/td>Premium Brandy & Tequila in H1FY27<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Source: https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachHis\/ed268b86-6198-4ebe-a315-121f99d9ad14.pdf<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Associated Alcohols & Breweries Limited (AABL) reported a solid performance in its Q4 results 2026…<\/p>\n","protected":false},"author":2,"featured_media":2098,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[411,264],"class_list":["post-2097","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fmcg","tag-asalcbr","tag-q4-results-2026"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\n","aioseo_head_json":{"title":"Associated Alcohols & Breweries Q4 Results 2026: Profitability Jumps as Premium Liquor Business Drives Growth - BULLSCREEN","description":"Associated Alcohols & Breweries Q4 Results 2026: EBITDA jumps 12%, profit rises 9%, driven by strong premium liquor and IMFL growth.","canonical_url":"https:\/\/www.bullscreen.in\/news\/associated-alcohols-breweries-q4-results-2026-profitability-premium-liquor-growth\/","robots":"max-image-preview:large","keywords":"","webmasterTools":{"miscellaneous":""},"schema":null,"og:locale":"en_US","og:site_name":"NSE & BSE Stock Market News - 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