Bhopal, India – January 28, 2025: SOM Distilleries & Breweries Limited (NSE: SDBL, BSE: 507514) has announced its unaudited financial results for Q3 FY2024-25, reporting ₹302.68 crore in revenue and ₹21.51 crore in net profit, reflecting a 20% YoY growth. The company also approved multiple leadership changes, including the reappointment of Chairman & Managing Director Jagdish Kumar Arora and the appointment of a new CFO.
Key Financial Highlights – Q3 FY2024-25 (Consolidated)
- Revenue from Operations: ₹302.68 crore (YoY increase of 14% from ₹266.51 crore)
- Total Income: ₹302.68 crore
- Profit Before Tax (PBT): ₹29.15 crore (YoY increase of 23% from ₹23.75 crore)
- Net Profit (PAT): ₹21.51 crore (YoY increase of 20% from ₹17.99 crore)
- EBITDA: ₹37.86 crore (YoY increase from ₹32 crore)
- Earnings Per Share (EPS): ₹1.10 per share.
Nine-Month Performance (April – December 2024) (Consolidated)
- Total Revenue: ₹1,107.38 crore (YoY increase of 23% from ₹901.16 crore)
- Profit Before Tax (PBT): ₹111.21 crore (YoY increase of 30%)
- Net Profit (PAT): ₹80.76 crore (YoY increase of 21%)
- EPS: ₹4.14 per share.
Key Business Highlights
- Market Performance:
- Double-digit growth in the alcoholic beverages segment, driven by robust demand.
- Improved operating margins, with EBITDA margin expanding to 12.51% from 12.01% YoY.
- Operational Efficiency & Cost Management:
- Finance costs were reduced by 36.9% YoY, contributing to net profit growth.
- State excise duties increased due to higher sales volume.
Leadership Changes & Board Decisions
- Reappointments & Designations:
- Jagdish Kumar Arora reappointed as Chairman & Managing Director for five years (February 4, 2025 – February 3, 2030).
- Uma Kant Samal reappointed as Independent Director for two years (April 20, 2025 – April 19, 2027).
- New Appointments:
- Rajesh Kumar Dubey was promoted from CFO to Executive Director (Five-year term).
- Nitin Malviya was appointed as the new CFO, effective January 28, 2025.
- Rajat Batra was appointed as a Non-Executive, Non-Independent Director (Five-year term).
- Extraordinary General Meeting (EGM) Scheduled:
- The Board approved an EGM via Video Conferencing (VC) to finalize the leadership appointments.
- The date & time will be announced soon.
Management Commentary
Jagdish Kumar Arora, Chairman & MD, SOM Distilleries & Breweries, stated:"Our strong Q3 results reflect sustained demand in the alcoholic beverages market. The leadership changes and strategic cost optimizations position us well for long-term profitability.".
Market Outlook & Investor Takeaways
- SOM Distilleries continues to expand its market presence, with growing demand for its beverage portfolio.
- Leadership restructuring strengthens governance and operational efficiency.
- Improved financial metrics reinforce investor confidence in sustained growth.