TickerSutra

NSE: GMBREW · BSE: 507488 · ISIN INE075D01018

GM Breweries Limited stock analysis

GM Breweries Limited ranks #985 in the TickerSutra evidence-ranked universe with a score of 58/100 and 95% data confidence. The latest captured fundamentals show ROCE of 18.0%, quarterly sales growth of 22.6% and quarterly profit growth of 45.9%.
Complete evidence gate pass governance reviewUpdated 29 Sept 2026
TICKERSUTRA SCORE58/100

Monitor only

#985 of 5,430 ranked equities
Market capitalisation₹2,125.52cr
ROCE18.0%
Quarterly sales growth22.6%
Quarterly profit growth45.9%
P/E ratio12.6×
Promoter pledge0.0%

INVESTMENT EVIDENCE

What supports—and challenges—the thesis

Evidence in favour

  • Low debt/equity of 0×
  • CWIP indicates an active capacity pipeline
  • No promoter shares are reported as pledged

Risks and constraints

  • CFO/EBITDA is below 0.6×

Still unresolved: Related-party exposure · Broad media sentiment

FINANCIAL TRAJECTORY

Recent operating history

PeriodRevenueOperating profitNet profitOperating margin
2022₹458cr₹96cr₹93cr21.0%
2023₹594cr₹117cr₹100cr20.0%
2024₹615cr₹107cr₹152cr17.0%
2025₹637cr₹118cr₹129cr18.0%
2026₹748cr₹181cr₹157cr24.0%
TTM₹785cr₹196cr₹169cr25.0%
Debt / equity0.00×
CFO / EBITDA-0.53×
Operating margin25.0%
Free cash flow₹-114cr
Sales CAGR · 3Y8.0%
Profit CAGR · 3Y16.2%

EXCHANGE EVENT TRIGGERS

Latest corporate disclosures

0 positive catalysts0 negative catalysts2 routine filings

MANAGEMENT COMMENTARY

Signals from filed documents

Regulatory updatesLow severity · 23 mentions
Watch

How many green credits have been genarated or procured : a. By the top ten (in terms of value of purchases & sales, respectively) value chain partners : NA 43rd Annual Report 2025-2026 87 PRINCIPLE 7 BUSINESSES, WHEN ENGAGING IN INFLUENCING PUBLIC AND REGULATORY POLICY, SHOULD DO SO IN A MANNER THAT IS RESPONSIBLE AND TRANSPARENT Essential Indicators 1. Number of affiliations with trade and industry chambers/ associa

Regulatory approvalLow severity · 6 mentions
Watch

There are no charges or satisfaction yet to be registered with Registrar of Companies beyond the statutory period. There were no Scheme of Arrangements to be get approved by the competent authority under sec 230 to 237 of Companies Act, 2013. The company has not revalued its Property, Plant and Equipments or any Intangible assets during the year.

Capacity expansion plansLow severity · 1 mention
Positive catalyst

The objective of the Policy is to lay down a consistent approach to dividend declaration. Circumstances under which dividend may or may not be declared: The decision regarding dividend payout is a vital decision, as it determines the amount of the profit to be distributed among its shareholders and the amount of the profit to be retained in business for the future growth and modernization, expansion plan of the Compa

Capacity commissioningLow severity · 1 mention
Watch

Company is not providing for deferred tax. Fixed Assets & Depreciation Fixed Assets are stated at their original cost which includes expenditure incurred in the acquisition of Assets/ construction of Assets, pre-operative expenses till the commencement of operation and Interest upto the date of commencement of commercial production. The Fixed Assets are shown at historical cost less depreciation.

Export market updatesLow severity · 1 mention
Watch

To overcome the problem of shortage, wide price fluctuation and heavy breakages in glass bottles, the Company has started marketing all sizes of country liquor in PET bottles which has gained wide acceptance from the consumers. However, during the last year the company faced the problem of sudden spurt in the prices of PET bottles due to increase in petroleum prices in the international market and fluctuation in exch

Institutional interestLow severity · 1 mention
Watch

The facility of participation at the AGM through VC/OAVM will be made available for 1000 members on first come first served basis. This will not include large Shareholders (Shareholders holding 2% or more shareholding), Promoters, Institutional Investors, Directors, Key Managerial Personnel, the Chairpersons of the Audit Committee, Nomination and Remuneration Committee and Stakeholders Relationship Committee, Auditor

HOW TO READ THIS PAGE

Evidence, freshness and limitations

What does the TickerSutra score mean?

The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.

Which sources support this page?

Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.

Why can an item be unresolved?

Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.

Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer

DIRECTOR & BUSINESS NETWORK

Loading corporate intelligence

Loading universe coverage and exchange-backed evidence…