Som Distilleries & Breweries Limited — Investor Meet, 18-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Som Distilleries reported Q3 FY26 total income of INR 254.2 Cr, EBITDA INR 23.1 Cr (9.1% margin), and PAT INR 5.5 Cr (2.2% margin). Beer volumes fell 24% YoY due to unusually cold weather, while IMFL volumes grew 46%. For 9M FY26, total income hit INR 1,054 Cr, with EBITDA at INR 135 Cr and PAT INR 67 Cr. Phase 1 of the Uttar Pradesh greenfield project (INR 370 Cr, 1 Cr cases brewery) is on track for June completion, targeting INR 650-700 Cr annual revenue. The Madhya Pradesh plant license suspension is pending a High Court judgment, expected within days. Management projects Q4 sales of INR 450 Cr, aiming for INR 1,500 Cr for FY26, and anticipates promoter stake increasing to 51% in 2-3 years.