SOM Distilleries Posts 26.8% Revenue Growth for HY24-25

SOM Distilleries Posts 26.8% Revenue Growth for HY24-25

Bhopal, India – November 2024: SOM Distilleries and Breweries Ltd, a prominent force in the Indian alcoholic beverages market, has released its financial results for the second quarter and half-year of fiscal year 2025, marking substantial growth and strengthened operational efficiency. This performance underscores the company’s strategic focus on expanding its market presence, optimizing financials, and enhancing its brand portfolio. Despite seasonal challenges like the monsoon and religious festivals, SOM Distilleries achieved strong performance in a historically weaker Q2.

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For the half-year ending September 2024, SOM Distilleries recorded a total income of ₹804.69 crore, up 26.8% from ₹634.6 crore for the same period last fiscal year. The half-year EBITDA stood at ₹100.03 crore, a 29% increase over ₹77.59 crore reported last year. This consistent growth demonstrates the company’s success in leveraging its diversified portfolio and expanding its reach across key markets.

JK Arora, Chairman of SOM Distilleries and Breweries Ltd, commented on the results, saying, “We are extremely pleased with our strong performance in both the second quarter and half-year FY25, which is a testament to the strength of our brand portfolio, our strategic market expansions, and our unwavering commitment to operational efficiency. This growth not only reinforces the effectiveness of our strategy but also highlights our dedication to creating sustained value for our stakeholders. Moving forward, we will continue to focus on scaling our market presence, expanding our product offerings, and pursuing cost-efficient operations to meet the evolving preferences of our consumers.”

JK Arora, Chairman of SOM Distilleries and Breweries Ltd, commented on the results, saying, “We are extremely pleased with our strong performance in both the second quarter and half-year FY25, which is a testament to the strength of our brand portfolio, our strategic market expansions, and our unwavering commitment to operational efficiency. This growth not only reinforces the effectiveness of our strategy but also highlights our dedication to creating sustained value for our stakeholders. Moving forward, we will continue to focus on scaling our market presence, expanding our product offerings, and pursuing cost-efficient operations to meet the evolving preferences of our consumers.”

This performance builds on the Profit before Tax (PBT) of ₹82.05 crore for HY24-25, a 32.5% increase from ₹61.91 crore in the same period last year. Profit after Tax (PAT) of the company also grew to ₹.59.25 crores for HY 24-25 as compared to ₹ 48.51 crores for the same period last year showing a growth in excess of 22%. The company was able to reduce the gross debt from ₹177 crores in March 2024 to ₹ 126 crores in September 2024. The gross debt to equity stood at 0.23 from 0.35 in March 24 thus reflecting the strong liquidity in the company. This impressive half-year and Q2 results demonstrate SOM Distilleries’ resilience and adaptability in a dynamic market landscape. SOM Distilleries, as the only listed Indian company in both the beer and IMFL segments, uniquely addresses seasonal market variations, maximizes marketing efficiencies, and enhances profitability across both categories.

About SOM Distilleries and Breweries Ltd

Headquartered in Bhopal, India, SOM Distilleries and Breweries Limited leads as a manufacturer of alcoholic beverages and lists on both NSE and BSE. The company’s extensive product portfolio includes beer, rum, brandy, vodka, and whisky, catering to diverse consumer preferences across India.

SOM Distilleries has earned renown for its flagship beer brands, including Hunter, Black Fort, and Power Cool. With three state-of-the-art breweries across Karnataka, Madhya Pradesh, and Odisha, the company boasts a combined production capacity of 35 million cases annually. By addressing both beer and IMFL segments, SOM Distilleries and Breweries Ltd strategically positions itself to drive sustainable growth, expand market share, and enhance value for its stakeholders.

Manaswita Goswami