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Associated Alcohols & Breweries

Market Cap

₹7.4b

Last Updated

2021/04/13 12:06 UTC

Data Sources

Company Financials

Executive Summary

Associated Alcohols & Breweries Limited engages in liquor manufacturing and bottling in India. More Details

Rewards

PE ratio (13.8x) is below the Indian market (18.8x)

Earnings grew by 20.9% over the past year

Risk Analysis

No risks detected for 507526 from our risk checks.


Snowflake Analysis

Flawless balance sheet with solid track record.

Share Price & News

How has Associated Alcohols & Breweries's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 507526 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 507526's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

-8.8%

507526

-1.5%

IN Beverage

-2.1%

IN Market


1 Year Return

143.0%

507526

19.9%

IN Beverage

67.9%

IN Market

Return vs Industry: 507526 exceeded the Indian Beverage industry which returned 23.2% over the past year.

Return vs Market: 507526 exceeded the Indian Market which returned 72.2% over the past year.


Shareholder returns

507526IndustryMarket
7 Day-8.8%-1.5%-2.1%
30 Day5.7%-4.1%-3.2%
90 Day24.8%-9.9%2.2%
1 Year143.8%143.0%20.1%19.9%70.5%67.9%
3 Year16.0%14.6%5.1%4.7%23.6%17.4%
5 Year420.3%408.2%29.0%28.4%80.3%66.4%

Long-Term Price Volatility Vs. Market

How volatile is Associated Alcohols & Breweries's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Associated Alcohols & Breweries undervalued compared to its fair value and its price relative to the market?

13.83x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 507526 (₹407.95) is trading above our estimate of fair value (₹165.65)

Significantly Below Fair Value: 507526 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 507526 is good value based on its PE Ratio (13.8x) compared to the IN Beverage industry average (31.3x).

PE vs Market: 507526 is good value based on its PE Ratio (13.8x) compared to the Indian market (18.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 507526's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 507526 is overvalued based on its PB Ratio (3.5x) compared to the IN Beverage industry average (1.8x).


Future Growth

How is Associated Alcohols & Breweries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

16.2%

Forecasted Food, Beverage & Tobacco industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Associated Alcohols & Breweries has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Associated Alcohols & Breweries performed over the past 5 years?

26.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 507526 has high quality earnings.

Growing Profit Margin: 507526's current net profit margins (12.1%) are higher than last year (8.8%).


Past Earnings Growth Analysis

Earnings Trend: 507526's earnings have grown significantly by 26.2% per year over the past 5 years.

Accelerating Growth: 507526's earnings growth over the past year (20.9%) is below its 5-year average (26.2% per year).

Earnings vs Industry: 507526 earnings growth over the past year (20.9%) exceeded the Beverage industry -15.2%.


Return on Equity

High ROE: 507526's Return on Equity (25.4%) is considered high.


Financial Health

How is Associated Alcohols & Breweries's financial position?


Financial Position Analysis

Short Term Liabilities: 507526's short term assets (₹1.4B) exceed its short term liabilities (₹597.8M).

Long Term Liabilities: 507526's short term assets (₹1.4B) exceed its long term liabilities (₹121.4M).


Debt to Equity History and Analysis

Debt Level: 507526's debt to equity ratio (1.7%) is considered satisfactory.

Reducing Debt: 507526's debt to equity ratio has reduced from 50.2% to 1.7% over the past 5 years.

Debt Coverage: 507526's debt is well covered by operating cash flow (994.3%).

Interest Coverage: 507526 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Associated Alcohols & Breweries's current dividend yield, its reliability and sustainability?

0.24%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 507526's dividend (0.25%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.42%).

High Dividend: 507526's dividend (0.25%) is low compared to the top 25% of dividend payers in the Indian market (1.81%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, 507526 has been paying a dividend for less than 10 years.

Growing Dividend: 507526's dividend payments have increased, but the company has only paid a dividend for 6 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (3.4%), 507526's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.1yrs

Average management tenure


CEO

Tushar Bhandari (39 yo)

4.25yrs

Tenure

₹3,781,000

Compensation

Mr. Tushar Bhandari serves as Whole Time Director at Associated Alcohols & Breweries Limited since January 05, 2017. He served as the Acting Chief Financial Officer at Associated Alcohols & Breweries Limit...


CEO Compensation Analysis

Compensation vs Market: Tushar's total compensation ($USD50.58K) is about average for companies of similar size in the Indian market ($USD40.52K).

Compensation vs Earnings: Tushar's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 507526's management team is considered experienced (4.1 years average tenure).


Board Members

Experienced Board: 507526's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Associated Alcohols & Breweries Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Associated Alcohols & Breweries Limited
  • Ticker: 507526
  • Exchange: BSE
  • Founded: 1989
  • Industry: Distillers and Vintners
  • Sector: Food, Beverage & Tobacco
  • Market Cap: ₹7.375b
  • Shares outstanding: 18.08m
  • Website: https://www.associatedalcohols.com

Number of Employees


Location

  • Associated Alcohols & Breweries Limited
  • BPK Star Tower
  • 4th Floor
  • Indore
  • Madhya Pradesh
  • 452008
  • India

Listings


Biography

Associated Alcohols & Breweries Limited engages in liquor manufacturing and bottling in India. The company offers alcohol, rectified spirits, extra neutral alcohol, triple distilled grain spirits, and Scot...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/13 12:06
End of Day Share Price2021/04/13 00:00
Earnings2020/12/31
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.