Promoter group holds 12.5M shares in Associated Alcohols & Breweries

The promoter group of Associated Alcohols & Breweries held 12,519,840 equity shares as on 31 March 2026, confirming no encumbrance on the holding during the financial year. This disclosure was made by Prasann Kumar Kedia on behalf of the promoters pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. The filing confirms that the shares were not pledged or encumbered directly or indirectly in FY26.

The disclosure was submitted to BSE Limited and National Stock Exchange of India Limited on 07 April 2026. The promoter group includes ten entities, comprising individuals and Hindu Undivided Families (HUFs). The list of promoters includes Anshuman Kedia, Sweta Kedia, Sangita Kedia, Vedant Kedia, and Prasann Kumar Kedia HUF, among others.

Promoter Group Details

The following members constitute the promoter group for which the disclosure was filed:

Name	Type
Anshuman Kedia	Individual
Sweta Kedia	Individual
Sangita Kedia	Individual
Vedant Kedia	Individual
Prasann Kumar Kedia HUF	HUF
Bhagwati Prasad Prasann Kumar HUF	HUF
Anand Kumar Kedia	Individual
Bhagwati Prasad Kedia HUF	HUF
Ramdulari Anand Kumar HUF	HUF
Anand Kumar Kedia HUF	HUF

The filing was signed by Prasann Kumar Kedia in his capacity as a promoter. A copy of the disclosure was also forwarded to the Chairman of the Audit Committee of Associated Alcohols & Breweries.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.26%	-5.06%	-7.67%	-14.67%	-23.37%	+87.62%

Associated Alcohols & Breweries has released the transcript of its investor conference call held on May 20, 2026, discussing the audited financial results for the quarter and fiscal year ended March 31, 2026. The management highlighted a strategic focus on scaling its proprietary IMFL portfolio, which recorded a 32% year-on-year volume growth in FY26.

Financial Performance

For the fourth quarter of FY26, the company reported a net revenue of INR239 crores. EBITDA grew by 13% year-on-year to INR40 crores, driven by operational efficiencies, expanding the EBITDA margin by 200 basis points to 17%. Profit After Tax (PAT) increased by 5% year-on-year to INR24 crores, with a PAT margin of 10%.

Metric	Q4 FY26 Value	YoY Change
Net Revenue	INR239 crores	-
EBITDA	INR40 crores	13%
EBITDA Margin	17%	+200 bps
PAT	INR24 crores	5%
PAT Margin	10%	-

Operational Highlights

The proprietary IMFL portfolio remained the key growth driver, registering a 37% year-on-year volume growth to 6.6 lakh cases in Q4 FY26. Revenue from this segment grew by 38% to INR50 crores, achieving the highest ever quarterly EBITDA margin of 22%. The Central Province portfolio, spanning whiskey, rum, and vodka, recorded a robust growth of nearly 28% year-on-year.

In the Merchant ENA segment, volume sold increased by 129% year-on-year to 6.9 million liters, with revenue rising by 128% to INR47 crores. Conversely, ethanol volumes stood at 4 million liters, a decrease of 35% year-on-year due to industry oversupply, generating revenue of INR24 crores.

Strategic Initiatives

The company commissioned a 6,000 KLPD malt facility to enhance its in-house capabilities and plans to launch its own single malt whiskey within the next 18 months. Additionally, the company announced the acquisition of SDF Industries Limited, a distillery-cum-bottling unit in Kerala, for INR30 crores to strengthen operational efficiencies and market presence. The company also soft-launched its RTD product, Kultur, in Madhya Pradesh.