Skip to main content
Swing Capital

G M Breweries Ltd

NSE: GMBREW BSE: 507488

G M Breweries Ltd, set up in 1981 manufactures and markets Alcoholic Beverages such as Country Liquor (CL) and Indian-made Foreign Liquor (IMFL). [1]

₹916
52W: ₹666 — ₹1329
PE 16.6 · Book ₹472 · +94% vs book
Market Cap₹2,094 Cr
Stock P/E16.6Price to Earnings
ROCE18%Return on Capital
ROE12.5%Return on Equity
Div. Yield1%Face Value ₹10

Strengths

  • +Company is almost debt free.

Weaknesses

  • −Dividend payout has been low at 11.6% of profits over last 3 years

Shareholding Pattern

Promoters74.43%
FIIs1.19%
DIIs0.01%
Public24.39%
CategoryJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters74.43%74.43%74.43%74.43%74.43%74.43%74.43%74.43%
FIIs0.63%0.34%▼0.30.37%▲0.00.32%▼0.00.44%▲0.10.37%▼0.11.2%▲0.81.19%▼0.0
DIIs0%0%0%0%0.01%▲0.00.01%0.15%▲0.10.01%▼0.1
Public24.94%25.22%▲0.325.2%▼0.025.25%▲0.125.12%▼0.125.18%▲0.124.22%▼1.024.39%▲0.2

Financial Statements

MetricDec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales157160152149166169163181202202
Expenses132135121121136141132136150150
Operating Profit25253128302931455352
OPM %16%16%21%18%18%17%19%25%26%26%
Net Profit23872522226026354254
EPS ₹9.913810.929.489.6226.4611.3215.2718.3923.67

AI Insights

Revenue Trend

Mar 2026 revenue at ₹748Cr, up 17.4% YoY. OPM at 24%.

Debt Position

Borrowings at ₹0Cr. Debt-to-equity ratio: 0.00x. Healthy balance sheet.

Capex Cycle

CWIP at ₹47Cr (18% of fixed assets). Moderate ongoing capital expenditure.

Institutional Flow

DIIs: 0.01% (-0.01pp change). FIIs: 1.19% (+0.89pp change). Promoters hold 74.43%.

Margin & Efficiency

ROCE declining from 22% (Mar 2015) to 18% (Mar 2026). Working capital days: 19.

Valuation

PE 16.6x with 18% ROCE. Price is 94% above book value of ₹472. Dividend yield: 1%.

Recent Announcements