Associated Alcohols & Breweries Ltd (AABL) announces plans for nationwide expansion, targeting 15-20% annual growth in premium Indian Made Foreign Liquor (IMFL) segment. The company is expanding beyond its current markets into Maharashtra, Puducherry, Uttar Pradesh, Karnataka, and Goa. AABL reported strong financial performance with net revenue of ₹2,667.00 million and 34% year-on-year increase in Profit After Tax. The company is maximizing its ethanol production capacity and has several projects in pipeline including a malt plant and new bottling and distillery unit in Uttar Pradesh. AABL is also planning to launch Ready-to-Drink (RTD) products in the near future.
Associated Alcohols & Breweries Limited (AABL) conducted its 36th Annual General Meeting, where shareholders approved a dividend of Rs. 2.00 per equity share. Key resolutions passed include the reappointment of Ms. Apurva Pradeep Joshi as an Independent Director for five years and Mr. Tushar Bhandari as a Director. The AGM also approved revised managerial remuneration limits, appointed K. Arun & Co. as Secretarial Auditor, and approved remuneration for Cost Auditors. The meeting, held via video conferencing with 54 shareholders participating, saw all nine resolutions passed with the required majority.
Associated Alcohols & Breweries Limited (AABL) conducted its 36th Annual General Meeting via video conferencing. The board recommended a 20% dividend (₹2.00 per share) for FY 2024-25. Key agenda items included adoption of financial statements, reappointment of directors, revision of managerial remuneration, and appointment of auditors. Chairman Prasann Kumar Kedia provided an overview of the company's performance and economic landscape. Shareholders engaged in an interactive session, and voting results will be declared within two working days.
11Jul 25
Associated Alcohols & Breweries Transitions to Job Work Arrangement with Inbrew Beverages
Associated Alcohols & Breweries Limited (AABL) is transitioning from a franchisee model to a job work arrangement with Inbrew Beverages Pvt. Ltd., effective July 11, 2025. This change applies to the manufacturing of Indian Made Foreign Liquor (IMFL) brands. The new arrangement may impact operational dynamics and revenue structures for both companies. AABL's Company Secretary, Abhinav Mathur, confirmed the shift in a regulatory filing to the BSE and NSE.
27Jun 25
Associated Alcohols Expands Portfolio with 'Hillfort' Premium Whisky Launch in Uttar Pradesh
Associated Alcohols & Breweries Ltd has introduced a new premium whisky brand, 'Hillfort', in Uttar Pradesh. This strategic move marks the company's entry into the premium whisky segment in one of India's largest states. The launch aligns with the growing trend of premiumization in the Indian alcohol market and could potentially open new revenue streams for the company. The success of 'Hillfort' will depend on factors such as product quality, pricing strategy, and effective marketing in a competitive landscape.
26Jun 25
Associated Alcohols Expands Portfolio with 'Hillfort' Premium Whisky Launch in Uttar Pradesh
Associated Alcohols & Breweries Ltd (AABL) has introduced 'Hillfort', a new premium whisky brand, targeting the Uttar Pradesh market. This strategic move aims to strengthen AABL's position in the Indian spirits market, diversify its premium offerings, and potentially increase market share. The launch aligns with the growing trend of premiumization in the Indian alcohol market, particularly in the whisky segment. The success of 'Hillfort' in Uttar Pradesh could lead to expansion into other key markets across India.
Associated Alcohols & Breweries Ltd experienced a significant downturn in its Q4 financial performance. Net profit fell by 72.60% year-on-year to ₹223.00 million, while revenue dropped by 77.37% to ₹2.48 billion compared to the same quarter last year. Quarter-on-quarter figures also showed declines, with net profit decreasing by 14.23% and revenue by 25.75% from the previous quarter.
18Mar 25
Associated Alcohols & Breweries: From Penny Stock to Multibagger with 1,625% Growth in 10 Years
Associated Alcohols & Breweries has transformed from an ₹8 penny stock in 2014 to a ₹1,380 multibagger in 2024, marking a 1,625% increase over 10 years. The company's Q3 FY2024 results show significant growth with net sales up 71.29% to ₹327.02 crore, net profit up 107.56% to ₹26.09 crore, and EBITDA up 83.76% to ₹40.63 crore. This growth is attributed to strong demand, improved operational efficiency, and favorable industry trends in India's alcoholic beverage sector.