Shares of Som Distilleries and Breweries Limited fell 3.02% to Rs 146.68 on Tuesday, August 12, after the company reported muted Q1 FY26 results, with growth in revenue but pressure from falling volumes.
Sales (excluding excise duty) rose 3% year-on-year (YoY) to Rs 530 crore compared to Rs 513 crore in the same quarter last year. EBITDA increased 11% YoY to Rs 70.4 crore, while profit after tax grew 4% to Rs 42.1 crore against Rs 40.6 crore in Q1 FY25. Earnings per share stood at Rs 2.15 versus Rs 2.09 a year earlier.
The company’s total sales volume fell 1% YoY to 89 lakh cases. Beer volumes declined 2% to 85 lakh cases, while IMFL (Indian Made Foreign Liquor) volumes surged 59% to 4 lakh cases. The subdued overall growth was attributed to a demand slowdown following an excise duty increase in Karnataka, one of its key markets.
The stock traded in a range of Rs 146.10 to Rs 155.74 during the session, with a market capitalization of Rs 2,954 crore and a P/E ratio of 28.8. Management indicated that more clarity on growth prospects will emerge after the company’s conference call.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
