G.M. Breweries Limited share price

G.M. Breweries Limited manufactures and sells alcoholic beverages in India. The company offers Indian made foreign liquor and country liquor. It offers its products under the G.M.SANTRA, G.M.DOCTOR, G.M.LIMBU PUNCH, and G.M.DILBAHAR SOUNF brand names. The company was incorporated in 1981 and is based in Mumbai, India.Read more

Website NSE हिंदी में BSE

Consumer DefensiveBeverages - Wineries & DistilleriesNSE: GMBREWISIN INE075D01018

16 Oct 2026, 3:29 PM IST₹867.75▼ 0.95 (0.11%)

Market Cap₹ 1,983 Cr.
Current Price₹ 867.75
High / Low₹ 1,329 / 853
Stock P/E11.5
Book Value₹ 498
Dividend Yield1.04 %
ROCE19.1 %
ROE15.60 %
Face Value₹ 10.0

More figures (10)

EPS (TTM)₹ 75.77
Price / Book1.74
OPM23.5 %
Debt / Equity0.03
Sales growth (3Y)8.0 %
Profit growth (3Y)16.2 %
Promoter holding74.4 %
EV / EBITDA9.9
Beta0.32
All-time high₹ 1,329

Price chart

Price on NSE 50 DMA 200 DMA Volume

Returns	1M	3M	6M	YTD	1Y	3Y CAGR	5Y CAGR
GMBREW	-4.92%	-4.71%	-10.93%	-28.14%	-20.29%	+15.99%	+6.20%
Nifty 50	-0.31%	-3.85%	-4.34%	-11.42%	-9.53%	+5.46%	+4.76%

Price returns only (dividends not included). Prices from NSE via Yahoo Finance; may be delayed.

Quick take

G.M. Breweries Limited is in the Beverages - Wineries & Distilleries industry (Consumer Defensive), with a market value of ₹1,983 crore.
It trades at 11.5 times its last 12 months' earnings and 1.7 times book value.
Revenue grew 8.0% a year over the last 3 years, profit 16.2% a year.
Return on equity was 15.6% and return on capital employed 19.1% in the latest year.
Debt was 0.03 times shareholders' equity.
The share price is 34.7% below its 52-week high and down 20.3% over one year.
Promoters and insiders hold about 74.4%; institutions about 0.3%.

Pros

Company is almost debt-free (debt is 0.03 times equity).
Healthy return on equity of 16.8% on average over the last 3 years.
Promoters hold a large stake of 74.43%.

Cons

No standout weaknesses in the reported figures.

Pros and cons are generated automatically from the reported figures. They are observations, not a recommendation to buy or sell.

AI analysis

Plenitude AI reads the figures on this page and explains them in plain language. It does not say whether to buy or sell.

About G.M. Breweries Limited

Employees: 227
Head office: Mumbai

Consumer DefensiveBeverages - Wineries & Distilleries

S.No.	Company	CMP ₹	P/E	Mar Cap ₹ Cr	Div Yld %	NP Qtr ₹ Cr	Qtr Profit Var %	Sales Qtr ₹ Cr	Qtr Sales Var %	ROCE %	ROE %	P/B	OPM %	Debt / Eq	Prom. Hold. %	Sales ₹ Cr	Sales Var 3Yrs %
1.	G.M. Breweries	867.75	11.5	1,983	1.04	39	—	861	—	19.1	15.6	1.74	23.5	0.03	74.43	2,977	8.0
2.	United Spirits	1,380.00	58.1	97,988	1.23	463	10.91	6,122	-2.75	25.5	21.6	10.94	16.1	0.05	59.49	27,816	5.6
3.	Radico Khaitan	4,473.40	85.3	59,939	0.20	230	75.91	5,868	10.43	24.0	19.9	18.06	14.3	0.24	42.99	20,976	24.6
4.	Allied Blenders and Distillers	748.65	95.6	20,941	0.73	45	-18.65	1,809	1.85	24.6	14.2	12.59	12.5	0.69	78.96	7,571	7.4
5.	Tilaknagar Industries	551.50	—	13,672	0.18	32	-64.31	2,252	160.74	1.9	1.1	4.60	15.4	0.77	38.92	5,248	25.2
6.	Globus Spirits	819.90	7.0	2,580	0.79	26	49.69	1,152	21.05	12.4	8.8	2.15	6.3	0.48	56.70	3,613	8.7
7.	Sula Vineyards	136.48	46.4	1,153	1.45	1	-45.36	121	2.11	9.1	4.4	1.96	12.9	0.57	28.38	596	2.6
8.	BCL Industries	29.90	7.6	883	1.17	36	6.09	623	-24.00	16.6	13.4	0.97	7.0	0.62	60.42	2,904	14.8
9.	IFB Agro Industries	863.60	13.6	809	0.00	20	18.45	521	25.27	11.2	8.8	1.20	4.8	0.11	81.53	1,912	4.1
	Median: 9 Co.	819.90	30.0	2,580	0.79	36	8.50	1,152	6.27	16.6	13.4	2.15	12.9	0.48	59.49	3,613	8.0

Companies in the same industry; the median covers every company in it that we hold figures for. Tap a heading to sort. Sorting and comparing are ways to explore data, not recommendations.

Quarterly Results

Consolidated figures in ₹ crore /

₹ Cr	Mar 2026	Jun 2026	Sep 2026
Sales	812	803	861
	760	756	811
Material Cost %	16%	17%	17%
Employee Cost %	0%	0%	0%
Other Expenses %	77%	77%	77%
Operating Profit	52	46	50
OPM %	6%	6%	6%
Other Income	17	6	4
Interest	0	0	0
Depreciation	2	2	2
Profit before tax	68	50	53
	21%	25%	25%
Current tax	14	13	13
Net Profit	54	38	39
EPS in Rs	23.66	16.52	17.20
Raw filing

₹ Cr	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
	594	618	623	601	596	644	663	638	718	809	812	803	861
YOY Sales Growth %	5.80%	1.48%	3.30%	3.66%	0.22%	4.20%	6.40%	6.23%	20.49%	25.53%	22.46%	25.84%	19.89%
	565	593	598	569	568	614	634	607	673	756	760	756	811
Material Cost %	19%	19%	20%	18%	18%	19%	19%	19%	17%	17%	16%	17%	17%
Employee Cost %	0%	1%	0%	0%	0%	1%	1%	0%	0%	0%	0%	0%	0%
Other Expenses %	76%	76%	76%	76%	77%	76%	76%	76%	76%	76%	77%	77%	77%
Operating Profit	30	25	25	31	28	30	29	31	45	53	52	46	50
OPM %	5%	4%	4%	5%	5%	5%	4%	5%	6%	7%	6%	6%	6%
Other Income	1	7	71	4	3	1	40	5	3	5	17	6	4
Interest	0	0	0	0	0	0	0	0	0		0	0	0
Depreciation	2	2	2	2	2	2	1	1	1	1	2	2	2
Profit before tax	29	31	95	33	29	29	68	35	47	56	68	50	53
	24%	26%	8%	25%	25%	25%	12%	25%	25%	25%	21%	25%	25%
Current tax	7	8	8	8	7	7	8	9	12	14	14	13	13
	22	23	87	25	22	22	60	26	35	42	54	38	39
YOY Profit Growth %	-1.41%	-12.81%	146.84%	25.26%	-3.13%	-2.79%	-30.22%	3.69%	61.01%	91.22%	-10.57%	45.94%	12.61%
EPS in Rs	12.23	12.37	47.40	10.92	9.48	9.61	26.47	11.32	15.27	18.39	23.66	16.52	17.20
Raw filing

Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Latest quarter on the right.

Profit & Loss

Consolidated figures in ₹ crore /

₹ Cr	Mar 2026
Sales	2,977
	2,796
Material Cost %	17%
Employee Cost %	0%
Other Expenses %	76%
Operating Profit	181
OPM %	6%
Other Income	30
Interest	0
Depreciation	5
Profit before tax	205
	24%
Current tax	49
Net Profit	157
EPS in Rs	68.64

Stock Price CAGR

5 Years:: 6%
3 Years:: 16%
1 Year:: -20%

Return on Equity

4 Years:: 16%
Last Year:: 16%

₹ Cr	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
	1,705	1,681	1,232	1,778	2,326	2,415	2,504	2,977	3,284
YOY Sales Growth %		-1.37%	-26.70%	44.28%	30.79%	3.85%	3.66%	18.89%
	1,588	1,593	1,157	1,683	2,209	2,308	2,386	2,796	3,083
Material Cost %	18%	20%	19%	19%	19%	19%	19%	17%	17%
Employee Cost %	1%	1%	1%	0%	0%	0%	0%	0%	0%
Other Expenses %	74%	74%	74%	76%	76%	76%	76%	76%	77%
Operating Profit	117	89	75	96	117	107	118	181	201
OPM %	7%	5%	6%	5%	5%	4%	5%	6%	6%
Other Income	14	9	30	28	20	80	48	30	32
Interest	0	0	0	0	0	0	1	0	0
Depreciation	7	7	5	6	6	6	5	5	6
Profit before tax	123	91	100	118	132	181	160	205	227
	33%	25%	20%	21%	24%	16%	19%	24%	24%
Current tax	41	23	20	25	32	30	31	49
Deferred tax					-1
	83	68	80	93	100	152	129	157	173
YOY Profit Growth %		-17.87%	18.02%	16.57%	6.97%	51.73%	-14.84%	21.54%
EPS in Rs	45.21	37.12	43.82	51.08	54.61	82.90	56.48	68.64	75.77
Dividend Payout %					9%	7%	10%	11%

Compounded Sales Growth

5 Years:: 19%
3 Years:: 9%
TTM:: 23%

Compounded Profit Growth

5 Years:: 14%
3 Years:: 16%
TTM:: 21%

Stock Price CAGR

5 Years:: 6%
3 Years:: 16%
1 Year:: -20%

Return on Equity

4 Years:: 16%
Last Year:: 16%

Financial years ending March; TTM = the last four quarters. Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Dividend payout = dividends paid in the year ÷ net profit.

Balance Sheet

Consolidated figures in ₹ crore, as at 31 March

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	18	18	23	23
Reserves	663	804	916	1,055
			56	35
Short term borrowings			56	35
	87	95	103	113
Trade payables	9	21	19	11
Current liabilities	85	93	157	146
Total Liabilities	769	917	1,098	1,225
	78	76	82	131
Gross block	113	115	126	179
Accumulated depreciation	35	39	44	48
Goodwill & intangibles	0	0	0	0
CWIP	26	26	32	89
	666	815	984	1,006
Inventories	37	29	33	34
Trade receivables	0	2	3	2
Cash & equivalents	2	1	1	2
Current assets	108	121	180	197
Total Assets	769	917	1,098	1,225

Source: Yahoo Finance (compiled from the annual reports). Tap a row marked + for its breakdown.

Cash Flows

Consolidated figures in ₹ crore, financial years ending March

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	96	59	162	-96
Profit for the year	100	152	129	157
Working capital changes	11	-19	75	-227
Direct taxes paid	-1,764	-1,829	-1,898	-2,278
	-87	-48	-149	114
Fixed assets purchased				-46
	-9	-11	-13	-17
Interest paid	-0	-0	-1	-0
Dividends paid	-9	-11	-13	-17
Net Cash Flow	0	-1	-0	1
Free Cash Flow	96	59	162	-141

Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.

Ratios

Ratio	Mar 2023	Mar 2024	Mar 2025	Mar 2026
ROE	14.6%	20.1%	14.7%	15.6%
ROCE	19.2%	22.0%	17.1%	19.1%
Operating margin	18.8%	16.5%	17.7%	23.5%
Net margin	16.8%	24.7%	20.3%	21.0%
Debt / equity	—	0.00	0.06	0.03
Current ratio	1.27	1.30	1.14	1.35
Debtor days	0	1	2	1
Inventory days	31	23	25	24
Days payable	7	17	15	8
Cash conversion cycle	24	7	12	17
Working capital days	14	17	13	25

Computed from the reported statements: ROE on average equity; ROCE = EBIT / (total assets − current liabilities). Debtor days = receivables ÷ sales × 365; inventory and payable days use cost of goods sold; cash conversion cycle = debtor + inventory − payable days; working capital days = (current assets − current liabilities) ÷ sales × 365.

Shareholding Pattern

Numbers in percentages · as filed with NSE each quarter

Promoters 74.43%
FIIs 0.74%
Public 24.83%

%	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	74.43%	74.43%	74.43%	74.43%	74.43%	74.43%	74.43%	74.43%	74.43%	74.43%	74.43%	74.43%
	0.30%	0.35%	0.63%	0.34%	0.37%	0.32%	0.44%	0.38%	1.21%	1.18%	0.61%	0.74%
Foreign portfolio investors (Cat. I)	0.16%	0.22%	0.49%	0.34%	0.33%	0.26%	0.42%	0.35%	0.92%	0.89%	0.53%	0.48%
Foreign portfolio investors (Cat. II)	0.14%	0.14%	0.14%		0.04%	0.06%	0.02%	0.02%	0.28%	0.30%	0.08%	0.26%
							0.01%	0.01%	0.15%	0.01%
Alternative investment funds							0.01%	0.01%	0.15%	0.01%
	25.27%	25.21%	24.94%	25.23%	25.20%	25.25%	25.12%	25.19%	24.22%	24.38%	24.96%	24.83%
Retail (up to ₹2 lakh)	19.97%	20.21%	19.33%	19.83%	19.74%	20.07%	20.23%	20.12%	18.73%	19.10%	19.92%	18.82%
HNIs (above ₹2 lakh)	1.01%	1.08%	1.85%	1.72%	1.98%	1.76%	1.05%	1.16%	1.34%	1.27%	1.13%	1.92%
NRIs	0.72%	0.73%	0.80%	0.79%	0.77%	0.80%	0.78%	0.80%	0.73%	0.80%	0.84%	0.94%
Bodies corporate	1.38%	0.90%	0.74%	0.74%	0.66%	0.68%	0.75%	0.62%	0.89%	0.64%	0.67%	0.70%
IEPF	0.96%	0.96%	0.96%	0.96%	0.96%	0.96%	0.96%	0.96%	0.96%	0.96%	0.96%	0.95%
No. of Shareholders	32,337	33,605	39,890	46,665	46,896	48,928	49,406	49,026	47,207	47,363	48,929	46,772

Source: shareholding patterns filed by the company with NSE. Public = non-institutional holders. Tap a row marked + for its breakdown.

Documents

Announcements

All announcements on NSE →

Annual reports

Credit ratings

None filed recently.

Concalls & investor meets

None filed recently.

Filings made by the company with NSE; documents open on NSE's website.

Key dates

Ex-dividend date: 21 May 2026
Latest quarter: 30 Sep 2026
Financial year end: 31 Mar 2026

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Latest news

In the news

From the company (NSE)

Headlines from news publishers (via Google News) and the filings of the company with NSE; they open on the source website. Headlines with price targets or buy/sell calls are left out. News is for information only and is not a recommendation.

Questions about G.M. Breweries Limited

What is the share price of G.M. Breweries Limited today?

G.M. Breweries Limited (GMBREW) last traded at ₹867.75 on NSE (16 Oct 2026, 3:29 PM IST). Prices may be delayed.

What is the market cap of G.M. Breweries Limited?

About ₹1,983 crore at the latest price.

What is the P/E ratio of G.M. Breweries Limited?

About 11.5 times its earnings over the last 12 months.

Is G.M. Breweries Limited a good investment?

We do not give views on individual shares. Whether any share suits you depends on your goals, time horizon and risk appetite; for long-term goals, a diversified mutual fund is often a simpler way to own shares. Investments in securities markets are subject to market risks.

How can I buy G.M. Breweries Limited shares?

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Important. Prices from NSE via Yahoo Finance. Quarterly and annual results, shareholding and documents are taken from the filings the company made with NSE; balance sheet, cash flow and valuation figures are compiled by Yahoo Finance; ratios are computed by us from them. Figures may be delayed or revised. This page is for information only: it is not research, a recommendation or an offer to buy or sell any security. Investments in securities markets are subject to market risks; read all related documents carefully before investing. Plenitude Connect Private Limited is an AMFI-registered Mutual Fund Distributor (ARN-130934); share broking is offered through Parshvanath Investments, Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539).

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G.M. Breweries Limited share price

Price chart

Quick take

Pros

Cons

AI analysis

About G.M. Breweries Limited

Peer comparison

Quarterly Results

Profit & Loss

Projection — your assumptions

Related party transactions

Stock Price CAGR

Return on Equity

Compounded Sales Growth

Compounded Profit Growth

Stock Price CAGR

Return on Equity

Balance Sheet

Cash Flows

Ratios

Shareholding Pattern

Documents

Announcements

Annual reports

Credit ratings

Concalls & investor meets

Key dates

Trade with our broking desk

Latest news

In the news

From the company (NSE)

Questions about G.M. Breweries Limited

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