Indore, January 24, 2025—Associated Alcohols & Breweries Limited (NSE: ASALCBR, BSE: 507526) reported a robust financial performance in Q3 FY25. Net revenue increased by 71% year over year (YoY), and profit after tax (PAT) grew by 107%, driven by strong demand for its proprietary Indian-made Foreign Liquor (IMFL) brands.
Q3 FY25 Financial Highlights
- Net Revenue: ₹3,270 million (up 71% YoY)
- EBITDA: ₹395 million (up 94% YoY), EBITDA margin expands to 12%
- Profit After Tax (PAT): ₹261 million (up 107% YoY)
- Diluted EPS: ₹14.04, reflecting a 102% YoY increase
- Net Revenue: ₹8,334 million (up 61% YoY)
- PAT: ₹591 million (up 54% YoY)
- EBITDA Margin: Stable at 11%
Operational and Market Performance
- IMFL Proprietary Volumes grew 23% YoY, led by flagship brands.
- IMFL Licensed Business posted 8% YoY growth, outperforming the industry.
- The Ethanol Business saw early traction following the commissioning of a 40 MLPA ethanol plant.
Strategic Expansion & Market Positioning
- The company focuses on premiumisation, with new product launches in gin and malt whiskey segments.
- It aims to achieve a Pan-India presence, expanding into Maharashtra, Puducherry, Assam, Tripura, and Goa.
- Cost efficiencies and price hikes have mitigated rising grain costs, which increased 20% YoY.