Associated Alcohols Q3: EBITDA Jumps to ₹415M Despite 21% Revenue Drop
Associated Alcohols & Breweries delivered strong operational performance in Q3 with EBITDA rising to ₹415 million and margins expanding significantly to 15.69% from 11.83% year-on-year. Despite a 21% revenue decline to ₹2.64 billion, the company maintained profitability growth with net profit increasing 4.60% to ₹273 million, demonstrating enhanced operational efficiency.
*this image is generated using AI for illustrative purposes only.
Associated Alcohols & Breweries Limited has reported mixed financial results for the third quarter, with revenue declining significantly while demonstrating strong profitability and operational efficiency improvements. The company's quarterly revenue dropped to ₹2.64 billion compared to ₹3.34 billion in the corresponding quarter of the previous year, marking a substantial year-on-year decline of 21%.
Strong EBITDA Performance Amid Revenue Challenges
Despite revenue headwinds, the company delivered impressive operational metrics with EBITDA reaching ₹415 million compared to ₹395 million in the previous year, representing a year-on-year growth. More significantly, EBITDA margin expanded substantially to 15.69% from 11.83% in the corresponding quarter of the previous year, indicating enhanced operational efficiency and cost management.
| EBITDA Metrics: | Q3 Current Year | Q3 Previous Year | Change |
|---|---|---|---|
| EBITDA: | ₹415 million | ₹395 million | +₹20 million |
| EBITDA Margin: | 15.69% | 11.83% | +386 bps |
Q3 Financial Performance Overview
The company maintained profitability growth alongside improved margins. Standalone net profit reached ₹273 million compared to ₹261 million in the previous year's corresponding quarter, representing a growth of 4.60%. This performance demonstrates the company's ability to enhance profitability despite challenging top-line conditions.
| Financial Metric: | Q3 Current Year | Q3 Previous Year | Change (%) |
|---|---|---|---|
| Revenue: | ₹2.64 billion | ₹3.34 billion | -21.00% |
| Standalone Net Profit: | ₹273 million | ₹261 million | +4.60% |
| Absolute Profit Growth: | ₹12 million | - | - |
Board Meeting and Results Approval
The financial results were formally approved during the board meeting held on February 04, 2026, at the company's registered office. The board considered and approved both standalone and consolidated unaudited financial results for the quarter ended December 31, 2025.
| Meeting Details: | Information |
|---|---|
| Date: | February 04, 2026 |
| Venue: | 4th Floor, BPK Star Tower, A.B. Road, Indore (M.P.) 452008 |
| Quarter Under Review: | Q3FY26 (ended December 31, 2025) |
| Results Type: | Standalone and Consolidated Unaudited |
Management Communication
Following the results announcement, the company hosted an earnings conference call on February 5, 2026, at 04:00 PM IST. The call was conducted by Go India Advisors and featured key management members including Mr. Anshuman Kedia (Whole Time Director & CEO), Mr. Tushar Bhandari (Whole Time Director), and Mr. Dilip Kumar Inani (Chief Financial Officer).
Company Operations
Associated Alcohols & Breweries Limited operates from its registered office in Indore and maintains its manufacturing plant at Khodigram, Tehsil Barwaha, District Khargone in Madhya Pradesh. The company markets various alcoholic beverage brands including Nicobar, Hillfort, Titanium, CP, Jamaican Magic, and James Mc Gill.
Historical Stock Returns for Associated Alcohols & Breweries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.07% | -2.23% | -13.50% | -31.73% | -42.05% | -4.19% |
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