Som distilleries & breweries has disclosed that promoter Deepak Arora acquired 20,000 equity shares through open market transactions on February 17-18, 2026. The acquisition was reported under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Share Acquisition Details

The promoter made the purchase over two consecutive days through open market transactions. The acquisition represents 0.0096% of the company's total share capital.

Shareholding Pattern Changes

Following the acquisition, there has been a marginal increase in the promoter group's shareholding in the company. The change reflects the promoter's continued investment in the company.

Company Capital Structure

Som Distilleries and Breweries Limited maintains a stable capital structure with no changes to the overall equity base following this transaction.

Promoter Group Composition

The promoter group includes several entities and individuals acting in concert. The complete list shows Jagdish Kumar Arora holding the largest individual stake at 23.71%, followed by Som Distilleries Private Limited at 9.66%.

Key promoter group members include:

• Jagdish Kumar Arora: 49,283,272 shares (23.71%)
• Som Distilleries Private Limited: 20,090,147 shares (9.66%)
• Deepak Arora: 45,62,525 shares (2.19%)
• Ajay Kumar Arora: 35,84,797 shares (1.72%)
• Aalok Deep Finance Private Limited: 28,89,250 shares (1.39%)

Regulatory Compliance

The disclosure was made in compliance with SEBI regulations governing substantial acquisition of shares. The company filed the requisite forms with both BSE Limited and National Stock Exchange of India Limited, where the company's shares are listed under security IDs 507514 and SDBL respectively. Executive Director Nakul Sethi signed the disclosure on behalf of the company, confirming receipt of the promoter's acquisition notice dated February 18, 2026.

Som Distilleries & Breweries Limited has released its detailed Q3 FY26 earnings conference call transcript, revealing challenging financial performance during the quarter ended December 2025. The company reported total income of ₹254.20 crores with significant pressure on volumes and margins due to adverse weather conditions.

Financial Performance Overview

The company's Q3 FY26 results reflected the impact of extended cold weather conditions in key markets. EBITDA for the quarter stood at ₹23.10 crores with a margin of 9.10%, while net profit was ₹5.50 crores, representing a margin of 2.20%.

Volume and Realization Analysis

Beer segment faced significant challenges with volumes declining 24% year-on-year to 35.30 lakh cases, primarily due to unusually cold weather in key markets like Madhya Pradesh and Delhi. However, the IMFL segment showed strong momentum with 46% growth, contributing 5.00 lakh cases.

Beer realization improved to ₹543 per case compared to ₹516 in Q3 FY25, driven by product mix changes. IMFL realization stood at ₹988 per case, down from ₹1,068 in the previous year, reflecting category-wide pricing pressures.

Nine-Month Performance

For the nine months of FY26, the company achieved total income of ₹1,054.00 crores with EBITDA of ₹135.00 crores, maintaining a margin of 12.90%. Net profit for the period was ₹67.00 crores with a 6.40% margin.

Expansion Projects and Regulatory Updates

The company's ₹570 crores greenfield project in Uttar Pradesh under subsidiary Woodpecker Greenagri Nutrients is progressing as planned. Phase 1, involving ₹370 crores investment for a one crore case brewery capacity, is expected to be completed by June 2026. The project has achieved financial closure for both phases, providing long-term funding visibility.

Regarding the Bhopal plant license suspension, the company has made submissions to the MP High Court and expects a judgment within 2-3 days. The management expressed confidence in resolving the matter soon to minimize impact on Q4 operations.

Market Outlook and Strategy

Despite Q3 challenges, management remains optimistic about Q4 performance, targeting approximately ₹450 crores in sales to achieve ₹1,500 crores for the full financial year. The company continues focusing on premiumization strategy, with IMFL brands showing positive momentum and expansion of Mahavat brand from Madhya Pradesh to Delhi and UP markets.

Plant utilization rates during Q3 were: Bhopal at 56%, Woodpecker at 42%, and Odisha at 36%, indicating scope for capacity optimization as market conditions improve.