Som Distilleries & Breweries Limited — Investor Meet, 19-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Q1 FY26 saw revenue at 530.1 Cr (+3.2% YoY), PAT at 42.1 Cr. Beer volume dipped due to unseasonal rains and Karnataka excise policy, impacting industry volumes down 2-3%. IMFL, however, grew 58%. Management adjusted FY26 revenue outlook to 1,650-1,700 Cr, expecting recovery post policy rollback. The UP plant (Phase-I: 10 million cases beer capacity) is progressing as planned for H1 FY27 commissioning. Focus remains on innovation, deeper market penetration, and portfolio premiumization. Management expressed confidence in future growth, calling current performance a "lull before the storm."