Monika Alcobev Limited , a prominent player in the alcohol and beverages sector, has released its monitoring agency report for the quarter and half-year ended September 30, 2025, detailing the utilization of proceeds from its Initial Public Offering (IPO).

IPO Proceeds and Utilization

The company successfully raised ₹165.63 crore through its IPO, which was held from July 16-18, 2025. After deducting expenses, the net proceeds amounted to ₹119.86 crore. Monika Alcobev has efficiently allocated these funds across three primary objectives:

The remaining unutilized amount of ₹30.66 crore has been prudently deployed in fixed deposits and bank accounts, ensuring liquidity and potential for future use.

Monitoring Agency Report

Acuite Ratings Research Limited, the appointed monitoring agency, has reported no deviation from the stated objectives. The agency confirmed that all utilizations are in line with the disclosures made in the offer document, underscoring the company's commitment to transparency and adherence to its stated plans.

Financial Performance

The company's unaudited financial results for the half-year ended September 30, 2025, reveal:

• Revenue from operations stood at ₹116.87 crore
• Total income reached ₹119.32 crore
• Profit before tax was reported at ₹10.35 crore
• Net profit for the period was ₹9.97 crore

Balance Sheet Highlights

As of September 30, 2025, Monika Alcobev's financial position shows:

• Total assets of ₹426.67 crore
• Shareholders' funds amounting to ₹224.34 crore
• Inventories valued at ₹196.82 crore

Corporate Governance

In a move signaling the completion of its IPO process, Monika Alcobev's Board of Directors approved the dissolution of the IPO Committee on November 6, 2025. This committee, initially constituted on February 26, 2025, had overseen decisions related to the initial public offering in compliance with SEBI regulations.

The efficient utilization of IPO proceeds and strong financial performance demonstrate Monika Alcobev's commitment to growth and shareholder value.

Monika Alcobev Limited , a player in the alcohol and beverages sector, has reported mixed financial results for the first half of the fiscal year 2026. The company's performance reflects both growth and challenges in the current market environment.

Financial Highlights

Monika Alcobev reported a total income of ₹11,932.32 lakhs for the half year ended September 30, 2025, marking a significant increase of 41.11% compared to the same period last year. Despite the growth in revenue, the company's EBITDA margin contracted to 15.13% from 17.71% in the previous year, indicating increased cost pressures.

The company's net profit for the period stood at ₹997.22 lakhs, nearly doubling from ₹498.74 lakhs in the corresponding period of the previous year. This substantial increase in net profit, despite margin pressures, may be attributed to improved operational efficiencies and potentially lower finance costs.

Operational Performance

The company's operational performance showed mixed results:

• Purchase of stock-in-trade increased to ₹11,957.85 lakhs from ₹7,225.39 lakhs, reflecting higher inventory costs.
• Employee benefits expense rose to ₹1,004.21 lakhs from ₹620.87 lakhs, indicating an expansion in the workforce or increased compensation.
• Advertising and marketing expenses grew to ₹688.29 lakhs from ₹367.92 lakhs, suggesting a more aggressive marketing strategy.

Balance Sheet and Cash Flow

As of September 30, 2025, Monika Alcobev's balance sheet showed:

• Total assets of ₹42,666.91 lakhs, up from ₹32,389.47 lakhs as of March 31, 2025.
• Shareholders' funds increased significantly to ₹22,433.84 lakhs from ₹9,600.92 lakhs, primarily due to the recent IPO.
• Short-term borrowings remained relatively stable at ₹15,438.74 lakhs compared to ₹15,330.38 lakhs at the end of the previous fiscal year.

The cash flow statement revealed a net increase in cash and cash equivalents of ₹1,619.86 lakhs for the half year, with significant cash generated from financing activities, particularly from the issuance of new shares.

Recent Developments

Monika Alcobev completed its Initial Public Offering (IPO) on July 23, 2025, issuing 47,91,200 fresh equity shares at ₹286 per share. The company's shares are now listed on the SME Platform of BSE Limited. The IPO proceeds are being utilized for working capital requirements, repayment of borrowings, and general corporate purposes.

Outlook

While specific management commentary is not available, the financial results suggest that Monika Alcobev is focusing on growth and market expansion, as evidenced by the increased revenue and marketing expenses. However, the company may need to address the margin pressures to maintain long-term profitability.

Investors and market observers will be watching closely to see how Monika Alcobev navigates the current market conditions and leverages its recent public listing to drive future growth and profitability.