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GMBR

G.M. Breweries NSEI:GMBREW Stock Report

Last Price

₹570.60

Market Cap

₹10.4b

7D

-3.9%

1Y

-1.1%

Updated

11 Aug, 2022

Data

Company Financials
GMBREW fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends5/6

GMBREW Stock Overview

G.M. Breweries Limited manufactures and sells alcoholic liquor in India.

G.M. Breweries Competitors

Price History & Performance

Summary of all time highs, changes and price drops for G.M. Breweries
Historical stock prices
Current Share Price₹570.60
52 Week High₹923.00
52 Week Low₹505.50
Beta0.61
1 Month Change-1.20%
3 Month Change3.47%
1 Year Change-1.07%
3 Year Change48.94%
5 Year Change70.84%
Change since IPO3,646.06%

Recent News & Updates

Jun 28
Here's Why We Think G.M. Breweries (NSE:GMBREW) Is Well Worth Watching

Here's Why We Think G.M. Breweries (NSE:GMBREW) Is Well Worth Watching

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...

Shareholder Returns

GMBREWIN BeverageIN Market
7D-3.9%0.04%1.1%
1Y-1.1%35.9%8.5%

Return vs Industry: GMBREW underperformed the Indian Beverage industry which returned 37% over the past year.

Return vs Market: GMBREW underperformed the Indian Market which returned 8.7% over the past year.

Price Volatility

Is GMBREW's price volatile compared to industry and market?
GMBREW volatility
GMBREW Average Weekly Movement4.5%
Beverage Industry Average Movement5.0%
Market Average Movement6.4%
10% most volatile stocks in IN Market9.1%
10% least volatile stocks in IN Market4.2%

Stable Share Price: GMBREW is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: GMBREW's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1981169Jimmy Almeidahttps://www.gmbreweries.com

G.M. Breweries Limited manufactures and sells alcoholic liquor in India. The company’s alcoholic beverages include Indian made foreign liquor and country liquor. It offers its products under the G.M.SANTRA, G.M.DOCTOR, G.M.LIMBU PUNCH, and G.M.DILBAHAR SOUNF brand names.

G.M. Breweries Fundamentals Summary

How do G.M. Breweries's earnings and revenue compare to its market cap?
GMBREW fundamental statistics
Market Cap₹10.43b
Earnings (TTM)₹978.76m
Revenue (TTM)₹13.20b

10.7x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GMBREW income statement (TTM)
Revenue₹13.20b
Cost of Revenue₹11.84b
Gross Profit₹1.36b
Other Expenses₹380.71m
Earnings₹978.76m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

Oct 31, 2022

Earnings per share (EPS)53.55
Gross Margin10.30%
Net Profit Margin7.41%
Debt/Equity Ratio0.0%

How did GMBREW perform over the long term?

See historical performance and comparison

Dividends

0.9%

Current Dividend Yield

9%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is GMBREW undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for GMBREW?

Other financial metrics that can be useful for relative valuation.

GMBREW key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.8x
Enterprise Value/EBITDA10.1x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does GMBREW's PE Ratio compare to its peers?

GMBREW PE Ratio vs Peers
The above table shows the PE ratio for GMBREW vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average16.3x
507205 Tilaknagar Industries
29.3xn/a₹13.3b
507526 Associated Alcohols & Breweries
12.4xn/a₹7.9b
IFBAGRO IFB Agro Industries
9.5xn/a₹5.4b
GLOBUSSPR Globus Spirits
14xn/a₹26.3b
GMBREW G.M. Breweries
10.7xn/a₹10.4b

Price-To-Earnings vs Peers: GMBREW is good value based on its Price-To-Earnings Ratio (10.7x) compared to the peer average (16.3x).


Price to Earnings Ratio vs Industry

How does GMBREW's PE Ratio compare vs other companies in the Asian Beverage Industry?

Price-To-Earnings vs Industry: GMBREW is good value based on its Price-To-Earnings Ratio (10.7x) compared to the Indian Beverage industry average (26.7x)


Price to Earnings Ratio vs Fair Ratio

What is GMBREW's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

GMBREW PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio10.7x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate GMBREW's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of GMBREW when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: GMBREW (₹570.6) is trading below our estimate of fair value (₹1261.85)

Significantly Below Fair Value: GMBREW is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is G.M. Breweries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


16.0%

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 G.M. 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.


Discover growth companies

  • Examine whether G.M. Breweries is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  • G.M. Breweries competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has G.M. Breweries performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


8.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: GMBREW has high quality earnings.

Growing Profit Margin: GMBREW's current net profit margins (7.4%) are lower than last year (10.1%).


Past Earnings Growth Analysis

Earnings Trend: GMBREW's earnings have grown by 8.3% per year over the past 5 years.

Accelerating Growth: GMBREW's earnings growth over the past year (9.6%) exceeds its 5-year average (8.3% per year).

Earnings vs Industry: GMBREW earnings growth over the past year (9.6%) underperformed the Beverage industry 21.3%.


Return on Equity

High ROE: GMBREW's Return on Equity (16.6%) is considered low.


Discover strong past performing companies

Financial Health

How is G.M. Breweries's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: GMBREW's short term assets (₹1.2B) exceed its short term liabilities (₹739.7M).

Long Term Liabilities: GMBREW's short term assets (₹1.2B) exceed its long term liabilities (₹30.2M).


Debt to Equity History and Analysis

Debt Level: GMBREW is debt free.

Reducing Debt: GMBREW had no debt 5 years ago.

Debt Coverage: GMBREW has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: GMBREW has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is G.M. Breweries's current dividend yield, its reliability and sustainability?

Dividend Score

5/6

Dividend Score 5/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


0.88%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: GMBREW's dividend (0.88%) is higher than the bottom 25% of dividend payers in the Indian market (0.39%).

High Dividend: GMBREW's dividend (0.88%) is low compared to the top 25% of dividend payers in the Indian market (1.72%).


Stability and Growth of Payments

Stable Dividend: GMBREW's dividends per share have been stable in the past 10 years.

Growing Dividend: GMBREW's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (9.3%), GMBREW's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (9.4%), GMBREW's dividend payments are thoroughly covered by cash flows.


Discover strong dividend paying companies

Management

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

8.5yrs

Average board tenure


CEO

Jimmy Almeida

no data

Tenure

₹16,650,000

Compensation

Mr. Jimmy William Almeida serves as a Managing Director of G.M. Breweries Limited and has been its Chairman since April 2010 and has been its December 09, 1981. Mr. Almeida served as Vice Chairman of G.M....


Board Members

Experienced Board: GMBREW's board of directors are considered experienced (8.5 years average tenure).


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

G.M. Breweries Limited's employee growth, exchange listings and data sources


Key Information

  • Name: G.M. Breweries Limited
  • Ticker: GMBREW
  • Exchange: NSEI
  • Founded: 1981
  • Industry: Distillers and Vintners
  • Sector: Food, Beverage & Tobacco
  • Implied Market Cap: ₹10.429b
  • Shares outstanding: 18.28m
  • Website: https://www.gmbreweries.com

Number of Employees


Location

  • G.M. Breweries Limited
  • Ganesh Niwas
  • S. Veer Savarkar Marg
  • Mumbai
  • Maharashtra
  • 400025
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/11 00:00
End of Day Share Price2022/08/11 00:00
Earnings2022/06/30
Annual Earnings2022/03/31


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.