Associated Alcohols & Breweries Ltd. — Investor Meet, 14-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

AABL's Q1 FY26 financial results show Net Revenue at Rs. 276 Cr (+6% YoY) and EBITDA at Rs. 37 Cr (+32% YoY), with margins improving to 14%. Proprietary IMFL volumes jumped 31% YoY to 5.67 lakh cases, propelled by premiumization and market entry in UP and Kerala. Strategic focus on premiumization continues, with new launches like Central Province vodka and upcoming RTD, brandy, and 'agave spirit' (tequila). A new malt plant commissioned for backward integration boosts efficiency. Management anticipates sustainable 14% EBITDA margins, supported by stable raw material costs. Geographic expansion into Maharashtra and Goa is underway, supported by new sales teams. Sentiment is confident.