Som Distilleries & Breweries Ltd
NSE: SDBL BSE: 507514
Incorporated in 1993, Som Distilleries & Breweries Ltd. is one of the leading alcoholic beverages manufacturers in India engaged in the manufacturing and sale of Beer and Indian Made Foreign Liquor (IMFL). [1][2]
₹84
52W: ₹61.8 — ₹173
PE 22.6 · Book ₹35.4 · +137% vs bookMarket Cap₹1,746 Cr
Stock P/E22.6Price to Earnings
ROCE13.3%Return on Capital
ROE10.1%Return on Equity
Div. Yield0%Face Value ₹2
Strengths
- +Company has delivered good profit growth of 28.4% CAGR over last 5 years
Weaknesses
- −Though the company is reporting repeated profits, it is not paying out dividend
- −Company has a low return on equity of 9.80% over last 3 years.
- −Working capital days have increased from 46.3 days to 70.8 days
Shareholding Pattern
Promoters39.43%
FIIs1.2%
DIIs0%
Public59.37%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 35.33% | 35.33% | 36.31%▲1.0 | 38.75%▲2.4 | 39.37%▲0.6 | 39.39%▲0.0 | 39.39% | 39.43%▲0.0 |
| FIIs | 0.63% | 0.56%▼0.1 | 0.9%▲0.3 | 1.6%▲0.7 | 1.47%▼0.1 | 0.72%▼0.8 | 0.95%▲0.2 | 1.2%▲0.3 |
| DIIs | 0.52% | 0.01%▼0.5 | 0.02%▲0.0 | 0.09%▲0.1 | 0.05%▼0.0 | 0%▼0.1 | 0% | 0% |
| Public | 63.52% | 64.09%▲0.6 | 62.77%▼1.3 | 59.56%▼3.2 | 59.11%▼0.5 | 59.9%▲0.8 | 59.66%▼0.2 | 59.37%▼0.3 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 134.77 | 154.08 | 216.95 | 296.77 | 157.08 | 154.54 | 185.31 | 361.05 | 163.83 | 128.97 |
| Expenses | 122.79 | 139.57 | 198.11 | 258.17 | 142.48 | 136.69 | 160.33 | 301.91 | 141.5 | 116.74 |
| Operating Profit | 11.98 | 14.51 | 18.84 | 38.6 | 14.6 | 17.85 | 24.98 | 59.14 | 22.33 | 12.23 |
| OPM % | 8.89% | 9.42% | 8.68% | 13.01% | 9.29% | 11.55% | 13.48% | 16.38% | 13.63% | 9.48% |
| Net Profit | 5.45 | 8.59 | 13.76 | 24.02 | 7.4 | 10.32 | 15.98 | 37.83 | 16 | 7.47 |
| EPS ₹ | 0.28 | 0.44 | 0.71 | 1.23 | 0.38 | 0.52 | 0.78 | 1.82 | 0.77 | 0.36 |
AI Insights
Revenue Trend
TTM revenue at ₹839Cr, up 5.7% YoY. OPM at 14%.
Debt Position
Borrowings at ₹82Cr. Debt-to-equity ratio: 0.12x. Healthy balance sheet.
Capex Cycle
CWIP at ₹35Cr (15% of fixed assets). Moderate ongoing capital expenditure.
Institutional Flow
DIIs: 0% (-0.15pp change). FIIs: 1.2% (+0.12pp change). Promoters hold 39.43%.
Margin & Efficiency
ROCE declining from 24% (Mar 2014) to 13% (Mar 2025). Working capital days: 71.
Valuation
PE 22.6x with 13.3% ROCE. Price is 137% above book value of ₹35.4. Dividend yield: 0%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Credit Rating 14 May - ICRA downgraded subsidiary bank loan ratings from BBB+ to BBB on 13 May 2026.
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 30 Apr - Company confirms it is not a Large Corporate as of 31 March 2026; outstanding borrowings Rs 83.69 crore.
- Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer 27 Apr - Om Prakash Singh resigned as Company Secretary and Compliance Officer effective 27 April 2026.
- Announcement under Regulation 30 (LODR)-Change in Management 27 Apr - Company Secretary and Compliance Officer Om Prakash Singh resigned effective 27 April 2026.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 Apr - Submitted Regulation 74(5) certificate for dematerialisation period January 1 to March 31, 2026.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse