GM Breweries Q1 profit jumps 46%, revenue up 26%
Net profit rose to ₹37.74 crore from ₹25.86 crore a year ago, driven by country liquor sales. The company remains debt-free with a P/E of 13.5.
— 1 earlier story on GM Breweries Ltd. →What's new
- Net profit up 46% YoY to ₹37.74 crore
- Revenue up 26% YoY to ₹802.90 crore
- Country liquor segment drives growth; no extraordinary items or guidance
Why this matters
GM Breweries delivered double-digit growth without any extraordinary items or guidance. With zero debt and a trailing P/E of 13.5, the stock remains reasonably valued for a business growing at this pace. The sustainability of this momentum through the rest of the year is the open question.
What we're watching
- Whether Q2 can sustain the growth rate given seasonal patterns
- Any update on capacity or distribution expansion
- Margin trajectory in more volatile quarters
The full read
GM Breweries posted a clean set of Q1 numbers. Net profit jumped 46% to ₹37.74 crore and revenue climbed 26% to ₹802.90 crore, driven by its country liquor business — a segment that enjoys steady demand and relatively stable input costs despite seasonal fluctuations. The company carries zero debt and trades at a trailing P/E of 13.5, with a market cap of ₹2,115 crore and trailing ROE of 14.5%. The results are broadly in line with its consistent growth trajectory; no guidance or extraordinary items were announced. Whether this pace holds through FY27 is the next test. For now, the numbers speak for themselves: double-digit growth from a debt-free balance sheet.
Questions answered
- What drove the 26% revenue growth?
- The country liquor segment was the primary driver, though the filing does not break out segment-wise details. Revenue for the quarter stood at ₹802.90 crore.
- How did net profit compare year-on-year?
- Net profit rose 46% from ₹25.86 crore to ₹37.74 crore, driven by strong operational performance.
- Did the company announce any guidance or extraordinary items?
- No. The board only approved the unaudited financial results. No guidance revisions, dividends, buybacks, or other corporate actions were announced.
- What is GM Breweries' debt position?
- The company has zero debt, with a debt-to-equity ratio of 0.00, making it a debt-free business.
- What is the company's current market valuation?
- GM Breweries has a market cap of ₹2,115 crore and trades at a trailing P/E of 13.5 times earnings.
GM Breweries Ltd.
Latest quarter · Jun 2026
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All notes on GMBREW →- 9 Jul 2026 · 1:07 PM IST GM Breweries Q1 profit jumps 46%, revenue up 26%
- 1d ago GM Breweries profit jumps 46% in Q1 amid strong country liquor sales