Flash Finance

GM Breweries LimitedGMBREWCorporate

Breweries & Distilleries Latest results: Sep 2026 15 quarters of data
Consolidated Standalone
₹867.75
MCap ₹1,983 Cr · P/E 11.5
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AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹214 Cr
Sales · Sep 2026
+18.0% YoY
₹50 Cr
Operating Profit · Sep 2026
+10.9% YoY
23.4%
OPM % · Sep 2026
-6.0% YoY
₹39 Cr
Net Profit · Sep 2026
+12.3% YoY
₹17.20
EPS · Sep 2026
+12.6% YoY

📝 GM Breweries Limited — results explained

Quarter ended September 2026 (Q2 FY27)

GM Breweries Limited reported revenue of ₹214 crore for the quarter ended September 2026 (Q2 FY27), up 18.0% from ₹181 crore in the same quarter last year, and up 7.0% sequentially over the June 2026 quarter.

Net profit rose 12.3% year-on-year to ₹39 crore, from ₹35 crore. Earnings per share (EPS) came in at ₹17.20.

Operating profit stood at ₹50 crore — an operating margin (OPM) of 23.4%, compared with 24.9% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, GM Breweries Limited posted revenue of ₹748 crore, a growth of 17.6% over FY25, with a net profit of ₹157 crore (up 21.6% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹817 crore with a net profit of ₹173 crore.

Valuation snapshot

At the current price of ₹867.75, GMBREW has a market capitalisation of ₹1,983 crore and a trailing P/E of about 11.5.

Within the Breweries & Distilleries industry, it is the 3rd-largest of the 20 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 74.43%, foreign institutional investors (FIIs) 0.74%, public shareholders 24.83% of GM Breweries Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹1,983 Cr
Current Price ?
₹867.8
P/E ?
11.46below ind
Industry P/E ?
23.60
P/B ?
1.74
P/S ?
2.43
P/FCF ?
-17.39
Enterprise Value ?
N/A
EV/EBITDA ?
N/A
PEG ?
1.15
Earnings Yield ?
8.7%
Dividend Yield ?
1.06%
Profitability & Returns
Sales (TTM) ?
₹817 Cr
OPM ?
24.6%
Profit after tax (TTM) ?
₹173 Cr
EPS (TTM) ?
₹75.73
ROCE ?
18.0%
ROE ?
15.2%
ROA ?
13.5%
Growth
Sales — latest qtr ?
₹214 Cr
PAT — latest qtr ?
₹39 Cr
YoY qtr sales growth ?
18.0%
YoY qtr profit growth ?
12.3%
Sales growth (3y) ?
8%
Sales growth (5y) ?
17%
Profit growth (3y) ?
10%
Profit growth (5y) ?
11%
Financial Health
Debt ?
N/A
Debt to Equity ?
N/A
Interest Coverage ?
650.7
Current Ratio ?
N/A
Ownership
Promoter holding ?
74.43%
Change in promoter holding ?
0.00%
Pledged percentage ?
N/A
Market
Return 3 months ?
-3.5%
Return 6 months ?
-12.1%

🗓️ Quarterly results (15 quarters · ₹ Cr)

same fiscal quarter as Sep bestweakest per row · for costs (interest, NPAs) low is best
Metric Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026 YoY % QoQ %
Sales 156579152157160152149166169163181202202200214 +18.0% +7.0%
Operating Profit 312730252531283029314553524650 +10.9% +7.4%
Other Income 1511771431405351764 +38.0% -25.4%
Interest 000000000000000 — -42.9%
Depreciation 122222221111222 +50.0% +0.0%
Profit Before Tax 452729319533292968354756685053 +11.7% +4.1%
Net Profit 352022238725222260263542543839 +12.3% +4.1%
EPS 15.3910.909.819.9138.0010.929.489.6226.4611.3215.2718.3923.6716.5217.20 +12.6% +4.1%
OPM % 19.9% 4.7% 19.7% 15.9% 15.6% 20.4% 18.8% 18.1% 17.2% 19.0% 24.9% 26.2% 25.7% 23.3% 23.4% -6.0% +0.4%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹636 Cr ₹748 Cr ₹817 Cr +17.6%
Operating Profit ₹118 Cr ₹181 Cr ₹201 Cr +53.3%
OPM % 18.55% 24.18% 24.64% +30.4%
NPM % 20.28% 20.97% 21.18% +3.4%
Other Income ₹48 Cr ₹30 Cr ₹32 Cr -37.2%
Depreciation ₹7 Cr ₹5 Cr ₹6 Cr -25.7%
Interest ₹0 Cr ₹0 Cr ₹0 Cr —
EBIT ₹111 Cr ₹176 Cr ₹195 Cr +58.3%
PBT ₹159 Cr ₹206 Cr ₹227 Cr +29.3%
Tax — ₹9 Cr ₹26 Cr —
Net Profit ₹129 Cr ₹157 Cr ₹173 Cr +21.6%
EPS ₹56.48 ₹68.65 ₹75.78 +21.5%
Material Cost — ₹121 Cr ₹285 Cr —
Employee Cost — ₹3 Cr ₹6 Cr —
Extraordinary Items — — — —

🏛️ Balance Sheet (latest 5 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026Sep 2026 % Chg
Equity Capital 1818232323 -0.6%
Reserves 6638049161,0551,114 +5.6%
Borrowings 0000— —
Other Liabilities 8795159147147 -0.1%
Total Liabilities 7699171,0981,2251,284 +4.8%
Fixed Assets 185240291257257 +0.1%
CWIP 8604748 +2.4%
Investments 446526590570660 +15.7%
Other Assets 131146217351319 -9.2%
Total Assets 7699171,0981,2251,284 +4.8%

📦 Working Capital (latest 1 periods)

Metric Sep 2026 % Chg
Inventories 33 —
Trade Receivables 5 —
Trade Payables 25 —

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 9659162-96 -159.3%
Cash from Investing Activity -87-48-149114 +176.5%
Cash from Financing Activity -9-11-13-17 -30.8%
Net Cash Flow 0-1-01 —
Free Cash Flow 597116-114 -198.3%
CFO/OP 109%82%164%-26% -115.9%

💧 Half-year Cash Flow (latest 1 periods)

Metric Sep 2026 % Chg
Cash from Operating Activity 96 —
Cash from Investing Activity -78 —
Cash from Financing Activity -18 —
Net Cash Flow -1 —

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 0121 -50.0%
Inventory Days 55404644 -4.3%
Days Payable 13292714 -48.1%
Cash Conversion Cycle 42122131 +47.6%
Working Capital Days -19-4119 +146.3%
ROCE % 20%24%18%18% +0.0%

👥 Shareholding (latest 5 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Sep 2026 % Chg
Promoters 74.43%74.43%74.43%74.43%74.43% +0.0%
FIIs 0.44%0.37%1.20%1.19%0.74% -37.8%
DIIs 0.01%0.01%0.15%0.01%— —
Public 25.12%25.18%24.22%24.39%24.83% +1.8%
No. of Shareholders 49,40649,02647,20747,36346,772 -1.2%

⚖️ Peer comparison

Industry: Breweries & Distilleries · 20 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 PICCADIL Piccadily Agro ₹581.10 5,728 51.0 1,137 111 16.6% 9.8% 28.3% 8.4% 32.4% 12.3%
2 GLOBUSSPR Globus Spirits ₹839.05 2,640 24.2 2,799 100 9.9% 3.6% -3.8% 315.4% 12.7% 49.7%
3 GMBREW GM Breweries ₹912.65 2,085 12.0 817 173 24.6% 21.2% 17.6% 21.6% 18.0% 12.3%
4 INDIAGLYCO India Glycols ₹257.00 1,723 5.3 6,158 316 10.9% 5.1% 50.6% 26.7% 19.4% 32.6%
5 SDBL Som Distilleries ₹70.09 1,457 — 395 -12 -2.5% -3.0% -8.3% -57.6% -90.7% -96.0%
6 ASALCBR Associated Alcohols ₹675.75 1,357 15.8 1,044 83 13.0% 7.9% -4.9% 9.6% 5.2% -25.0%
7 SULA Sula Vineyards ₹131.14 1,107 44.6 591 25 17.2% 4.2% -3.7% -63.5% -4.6% -45.4%
8 IFBAGRO IFB Agro ₹870.00 815 13.7 1,509 60 7.3% 4.0% 2.6% 1201.4% 35.8% 18.5%
9 507155 Jagatjit Industries ₹197.90 775 86.4 324 11 -12.5% 3.3% -48.3% 139.1% 78.1% 17.2%
10 541741 Fratelli Vineyards ₹325.75 553 — 182 -23 -2.5% -12.5% -40.0% -46.0% 1.2% 37.0%
11 539546 Agribio Spirits ₹45.02 336 11.4 38 4 -1.4% 11.2% 147.4% 10.6% -91.4% 23.5%
12 512361 Cupid Breweries ₹16.30 224 — — -1 — — -100.0% 2.8% — 28.6%
13 531216 Comfort Intech ₹6.72 189 — 163 -3 6.5% -2.0% -5.7% -125.6% 89.0% -6.6%
14 523309 Shri Gang ₹67.78 100 6.9 366 19 9.9% 5.1% 12.8% -36.5% 38.6% 240.0%
15 516032 Tahmar Enterprises ₹21.23 91 — 1 -4 -614.3% -401.2% -33.4% -111.7% -73.6% 94.4%
16 531126 Kati Patang ₹6.11 66 — 12 -10 -83.5% -86.2% -18.9% -195.1% 152.2% -21.3%
17 526471 Winsome Breweries ₹48.52 55 — 1 -2 -155.0% -182.9% -60.5% -1157.1% 76.7% -90.8%
18 RKDL Ravi Kumar ₹16.91 41 224.4 29 0 -4.4% 0.6% -45.4% 7.7% 200.6% 127.7%
19 531635 Silver Oak ₹49.01 26 — — -2 — — -100.0% -63.2% — 50.6%
20 526211 Suraj Industries ₹84.50 — 45.4 72 5 14.0% 6.7% 91.8% -116.7% 282.4% 435.8%
❓ Frequently asked questions
What was GM Breweries Limited's revenue in Q2 FY27?
GM Breweries Limited reported revenue of ₹214 crore for the quarter ended September 2026 (Q2 FY27), up 18.0% from ₹181 crore in the same quarter last year, and up 7.0% sequentially over the June 2026 quarter.
What was GM Breweries Limited's net profit in Q2 FY27?
Net profit rose 12.3% year-on-year to ₹39 crore, from ₹35 crore. Earnings per share (EPS) came in at ₹17.20.
What is GMBREW's market capitalisation and P/E ratio?
At the current price of ₹867.75, GMBREW has a market capitalisation of ₹1,983 crore and a trailing P/E of about 11.5.
Who owns GM Breweries Limited? (shareholding pattern)
As of Sep 2026, promoters held 74.43%, foreign institutional investors (FIIs) 0.74%, public shareholders 24.83% of GM Breweries Limited.
TTM ends 2026-09-30. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI