Associated Alcohols & Breweries Ltd

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NSEBSE

538.30-5.30 (-0.97%)

03:48 PM,4th Mar 2024

537.50-8.35 (-1.53%)

04:01 PM,4th Mar 2024

BSE : 507526

NSE : ASALCBR

Sector : Consumer

ISIN Code : INE073G01016

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Last Updated: Mar 04 2024 | 04:01 PM IST

Market Cap (₹ Cr)

973

Turnover (₹ Cr)

0.51

Volume (Shares)

94153

Face Value

10

52-WK High

595.00

52-WK High Date

26 Feb 2024

52-WK Low

315.00

52-WK Low Date

28 Mar 2023

All Time High

653.65

All Time High Date

13 Oct 2021

All Time Low

1.25

All Time Low Date

24 Jul 1998

Associated Alcohols & Breweries Ltd

Incorporated in Calcutta in Jul.'89 Associated Alcohols and Breweries commenced business in Aug.'89 and took over Associated Distilleries in Apr.'90. The company was promoted by B P Kedia and A K Kedia scions of the Kedia family which entered the liquor business two decades ago. The Company is one of the leading and largest liquor manufacturers in Central India. The Company's principal business is manufacturing and trading of ENA Indian Made Indian Liquor (Country Liquor) Indian Made Foreign Liquor and Hand sanitizer.Engaged into manufacture of portable alcohol the Company has a modern distillery in Khargone MP. It manufactures potable liquor and blended liquor under different brands like Royal Falcon Gold Seal Jamaican Magic (rum) Karapov Vodka etc.The company came out with a public issue in Dec.'94 to modernise and expand its production capacity for extra neutral alcohol (ENA) from 28.8 lac proof litres (pl) to 86.4 pl and that of Indian-made foreign liquor (IMFL) from 3.9 lac cases to 9.5 lac cases. It also set up a grain-based alcohol plant to reduce dependence on molasses. It is a leading supplier of country liquor to the government of Madhya Pradesh. It exports IMFL to Russia and has recently entered into a preliminary MoU with Scottish Independent Distilleries to manufacture and market its brands.The company has chalked out ambitious plans to expand its manufacturing capacity. It has also acquired an 87% equity stake in Kedia Breweries which is setting up a brewery and an IMFL plant in MP. During the year 1995-96 the company has undertaken Modernisation plan of the distillery unit by installation of 50000 LPD distillation plant alongwith utilities and effluent treatment plant. The company has also considered diversification plans towards power generation plantation and infra-structural development.It is setting up an integrated distillery complex in the state of Rajasthan. The cost of project is estimated at Rs 20.12 crores and proposed to be financed by way of debts funding fresh issue of shares and internal accruals.In 1999-00 the Rajasthan project undertaken by the company was completed and commercial production therein commenced from July 1st 2000.In 2005-06 the Rajasthan Unit of the Company got demerged and transferred to M/s. Jaipur Distilleries Ltd. a 100% Subsidiary of the Company as per scheme of arrangement effective 1st April 2005. In 2008-09 the project of Turbine and High Pressure Boiler undertaken by the Company became fully operational and the same resulted into increase of operational efficiency alongwith saving of substantial power cost from captive generation. M/s. Jaipur Distilleries Limited ceased to be a subsidiary of the Company consequent upon disposal of shares in the Company in 2009. The modernization programme of the Distillery Unit undertaken by the Company was almost completed in 2010-11. It set up a p PET bottle manufacturing unit at theadjacent to it's distillery complex in 2011-12. The SAP ERP implementation/system development project undertaken by the Company was completed in 2015-16. The Company completed modernization cum expansion project of Distillery in September 2018.In 2019-20 the Company got listed its equity shares at National Stock Exchange of India Limited (NSE) w.e.f. 12th February 2020.

Associated Alcohols & Breweries Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

973

EPS - TTM (₹) [S]

26.64

P/E Ratio (X) [S]

2.51

Face Value (₹) 10
Latest Dividend (%)10.00
Latest Dividend Date 26 Jul 2023
Dividend Yield (%) 0.19
Book Value Share (₹) [S]214.26
P/B Ratio (₹) [S]2.51
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)
Taurus Mid Cap Fund (G) 1.07 21829 0.89
Taurus Mid Cap Fund (IDCW) 1.07 21829 0.89
Taurus Mid Cap Fund - Direct (IDCW) 1.07 21829 0.89
Taurus Mid Cap Fund - Direct (G) 1.07 21829 0.89

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

536.00

567.00

Week Low/High

511.40

595.00

Month Low/High

398.00

595.00

Year Low/High

315.00

595.00

All time Low/High

1.25

654.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week-6.84%-6.64%1.491.28%
1 Month12.36%12.57%2.482.52%
3 Month18.71%18.61%7.278.31%
6 Month24.74%24.69%12.5614.73%
1 Year45.17%45.13%23.5127.35%
3 Year50.85%50.57%45.2948.57%

Company Info

Company Information

Non-Exec. & Independent Dir. : Nitn Tibrewal

Company Sec. & Compli. Officer : Sumit Jaitely

Whole-time Director : Tushar Bhandari

Independent Director : Debashish Das

Independent Non Exe. Director : Apurva Pradeep Joshi

Managing Director : Prasann Kumar Kedia

Whole-time Director : Anshuman Kedia

Additional Director : Swaraj Puri

Registered Office: 4th Floor BPK Star Tower, AB Road,Indore,Madhya Pradesh-452008 Ph: 91-731-4780400/490

Email:cs@associatedalcohols.com

URL:http://www.associatedalcohols.com