Associated Alcohols & Breweries Ltd.
Associated Alcohols & Breweries Limited engages in liquor manufacturing, distillation, and bottling activities in India and internationally. It operates through two segments, Potable Alcohols and Ethanol. The company offers extra neutral alcohol, as well as Indian Made Indian Liquor and Indian Made Foreign Liquor. It also provides beer, spirits, wine, whiskey, vodka, rum, gin, tequila, and brandy… Read more
Associated Alcohols & Breweries Ltd. (ASALCBR) - Net Assets
Latest net assets as of September 2025: ₹5.87 Billion INR
Based on the latest financial reports, Associated Alcohols & Breweries Ltd. (ASALCBR) has net assets worth ₹5.87 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹7.76 Billion) and total liabilities (₹1.89 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹5.87 Billion |
| % of Total Assets | 75.62% |
| Annual Growth Rate | 15.63% |
| 5-Year Change | 106.59% |
| 10-Year Change | 550.32% |
| Growth Volatility | 10.0 |
Associated Alcohols & Breweries Ltd. - Net Assets Trend (2005–2025)
This chart illustrates how Associated Alcohols & Breweries Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Associated Alcohols & Breweries Ltd. (2005–2025)
The table below shows the annual net assets of Associated Alcohols & Breweries Ltd. from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹5.20 Billion | +23.03% |
| 2024-03-31 | ₹4.23 Billion | +16.36% |
| 2023-03-31 | ₹3.63 Billion | +16.16% |
| 2022-03-31 | ₹3.13 Billion | +24.23% |
| 2021-03-31 | ₹2.52 Billion | +28.96% |
| 2020-03-31 | ₹1.95 Billion | +30.92% |
| 2019-03-31 | ₹1.49 Billion | +23.51% |
| 2018-03-31 | ₹1.21 Billion | +22.89% |
| 2017-03-31 | ₹982.77 Million | +22.85% |
| 2016-03-31 | ₹799.99 Million | +16.92% |
| 2015-03-31 | ₹684.24 Million | +18.28% |
| 2014-03-31 | ₹578.47 Million | +11.23% |
| 2013-03-31 | ₹520.05 Million | +8.43% |
| 2012-03-31 | ₹479.61 Million | +5.70% |
| 2011-03-31 | ₹453.75 Million | +5.73% |
| 2010-03-31 | ₹429.17 Million | +2.87% |
| 2009-03-31 | ₹417.21 Million | +4.82% |
| 2008-03-31 | ₹398.01 Million | +34.52% |
| 2007-03-31 | ₹295.88 Million | +3.57% |
| 2006-03-31 | ₹285.69 Million | +0.20% |
| 2005-03-31 | ₹285.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Associated Alcohols & Breweries Ltd.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 440845300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹4.41 Billion | 84.74% |
| Common Stock | ₹180.79 Million | 3.48% |
| Other Comprehensive Income | ₹596.91 Million | 11.47% |
| Other Components | ₹16.31 Million | 0.31% |
| Total Equity | ₹5.20 Billion | 100.00% |
Associated Alcohols & Breweries Ltd. Competitors by Market Cap
The table below lists competitors of Associated Alcohols & Breweries Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Roundtop Machinery Industries Co Ltd
TW:1540
|
$45.50 Million |
|
Ta-Yuan Cogeneration Co Ltd
TWO:8931
|
$45.52 Million |
|
PT Steel Pipe Industry of Indonesia Tbk
F:S08
|
$45.54 Million |
|
The Character Group plc
PINK:CGROF
|
$45.55 Million |
|
Insumos Agroquimicos SA
BA:INAG
|
$45.49 Million |
|
Altinyag Kombinalari AS
IS:ALMAD
|
$45.39 Million |
|
Barem Ambalaj Sanayi ve Ticaret a.s.
IS:BARMA
|
$45.38 Million |
|
Suyog Telematics Limited
NSE:SUYOG
|
$45.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Associated Alcohols & Breweries Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,228,513,000 to 5,202,465,000, a change of 973,952,000 (23.0%).
- Net income of 814,164,000 contributed positively to equity growth.
- Dividend payments of 36,158,000 reduced retained earnings.
- New share issuances of 185,757,000 increased equity.
- Other comprehensive income increased equity by 195,733,000.
- Other factors decreased equity by 185,544,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹814.16 Million | +15.65% |
| Dividends Paid | ₹36.16 Million | -0.7% |
| Share Issuances | ₹185.76 Million | +3.57% |
| Other Comprehensive Income | ₹195.73 Million | +3.76% |
| Other Changes | ₹-185.54 Million | -3.57% |
| Total Change | ₹- | 23.03% |
Book Value vs Market Value Analysis
This analysis compares Associated Alcohols & Breweries Ltd.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.59x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 34.14x to 2.59x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | ₹21.80 | ₹744.25 | x |
| 2006-03-31 | ₹21.84 | ₹744.25 | x |
| 2007-03-31 | ₹22.62 | ₹744.25 | x |
| 2008-03-31 | ₹30.32 | ₹744.25 | x |
| 2009-03-31 | ₹27.11 | ₹744.25 | x |
| 2010-03-31 | ₹23.74 | ₹744.25 | x |
| 2011-03-31 | ₹25.10 | ₹744.25 | x |
| 2012-03-31 | ₹26.53 | ₹744.25 | x |
| 2013-03-31 | ₹28.69 | ₹744.25 | x |
| 2014-03-31 | ₹31.92 | ₹744.25 | x |
| 2015-03-31 | ₹37.78 | ₹744.25 | x |
| 2016-03-31 | ₹44.25 | ₹744.25 | x |
| 2017-03-31 | ₹54.36 | ₹744.25 | x |
| 2018-03-31 | ₹66.80 | ₹744.25 | x |
| 2019-03-31 | ₹82.50 | ₹744.25 | x |
| 2020-03-31 | ₹108.01 | ₹744.25 | x |
| 2021-03-31 | ₹139.29 | ₹744.25 | x |
| 2022-03-31 | ₹173.04 | ₹744.25 | x |
| 2023-03-31 | ₹201.01 | ₹744.25 | x |
| 2024-03-31 | ₹233.89 | ₹744.25 | x |
| 2025-03-31 | ₹287.74 | ₹744.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Associated Alcohols & Breweries Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 15.65%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.57%
- • Asset Turnover: 1.50x
- • Equity Multiplier: 1.38x
- Recent ROE (15.65%) is above the historical average (11.69%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -16.40% | -6.15% | 0.98x | 2.74x | ₹-75.27 Million |
| 2006 | 9.13% | 2.83% | 1.08x | 3.00x | ₹-2.48 Million |
| 2007 | 4.09% | 1.40% | 1.03x | 2.84x | ₹-17.48 Million |
| 2008 | 14.14% | 4.64% | 1.36x | 2.24x | ₹16.47 Million |
| 2009 | 2.80% | 1.65% | 0.78x | 2.17x | ₹-30.04 Million |
| 2010 | 2.79% | 1.08% | 1.16x | 2.22x | ₹-30.96 Million |
| 2011 | 5.42% | 2.76% | 0.79x | 2.47x | ₹-20.79 Million |
| 2012 | 5.39% | 1.87% | 1.03x | 2.79x | ₹-22.10 Million |
| 2013 | 6.38% | 2.11% | 0.95x | 3.18x | ₹-18.78 Million |
| 2014 | 10.12% | 2.74% | 1.11x | 3.31x | ₹714.90K |
| 2015 | 18.06% | 4.13% | 1.75x | 2.50x | ₹55.06 Million |
| 2016 | 17.86% | 4.97% | 1.64x | 2.19x | ₹62.92 Million |
| 2017 | 17.68% | 5.90% | 1.72x | 1.74x | ₹75.51 Million |
| 2018 | 20.86% | 7.77% | 1.60x | 1.67x | ₹131.12 Million |
| 2019 | 20.29% | 7.60% | 1.63x | 1.64x | ₹153.48 Million |
| 2020 | 25.27% | 9.44% | 1.91x | 1.40x | ₹298.09 Million |
| 2021 | 23.01% | 13.31% | 1.32x | 1.31x | ₹327.74 Million |
| 2022 | 19.44% | 11.85% | 1.28x | 1.28x | ₹295.21 Million |
| 2023 | 11.44% | 5.93% | 1.30x | 1.48x | ₹52.16 Million |
| 2024 | 11.97% | 6.66% | 1.23x | 1.46x | ₹83.38 Million |
| 2025 | 15.65% | 7.57% | 1.50x | 1.38x | ₹293.92 Million |
Industry Comparison
This section compares Associated Alcohols & Breweries Ltd.'s net assets metrics with peer companies in the Beverages - Wineries & Distilleries industry.
Industry Context
- Industry: Beverages - Wineries & Distilleries
- Average net assets among peers: $3,888,776,887
- Average return on equity (ROE) among peers: 10.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Associated Alcohols & Breweries Ltd. (ASALCBR) | ₹5.87 Billion | -16.40% | 0.32x | $45.50 Million |
| Allied Blenders & Distillers Ltd (ABDL) | $3.82 Billion | 0.00% | 5.02x | $269.11 Million |
| Bcl Industries Limited (BCLIND) | $118.33 Million | 5.33% | 3.49x | $36.72 Million |
| Globus Spirits Limited (GLOBUSSPR) | $2.47 Billion | 16.53% | 1.02x | $109.61 Million |
| GM Breweries Limited (GMBREW) | $5.91 Billion | 15.80% | 0.13x | $66.58 Million |
| IFB Agro Industries Limited (IFBAGRO) | $386.86 Million | 4.82% | 1.00x | $14.40 Million |
| United Spirits Limited (MCDOWELL-N) | $2.76 Billion | 8.97% | 2.26x | $4.10 Billion |
| Piccadily Agro Industries Limited (PICCADIL) | $3.40 Billion | 32.31% | 1.18x | $61.15K |
| Radico Khaitan Limited (RADICO) | $15.43 Billion | 14.85% | 0.61x | $2.41 Billion |
| Ravi Kumar Distilleries Limited (RKDL) | $708.10 Million | -7.72% | 0.88x | $2.06 Million |