Q1 2025 Som Distilleries and Breweries Ltd Earnings Call Transcript
Key Points
- Achieved a total income of INR5,137 million, reflecting a growth of 33% over Q1 FY24.
- Beer volumes increased by close to 32% over Q1 FY24, while IMFL volume increased by 14%.
- EBITDA of INR648 million with a margin of 12.6%, reflecting a growth of 13% over the same period last year.
- Net profit for the quarter was INR376 million with a margin of 7.3%, compared to INR337 million in the same period last year.
- Significant improvement in net debt position with gross debt reducing to INR1,560 million and net debt improving to INR1,400 million as of June 30, 2024.
- Beer realization for the quarter was INR550 per case compared to INR559 in Q1 FY24, influenced by higher sales of lower-priced Power Cool.
- Despite strong financial performance, the stock has declined, potentially due to market perception issues or external factors.
- Capacity utilization for the Woodpecker plant in Karnataka was only 70%, indicating underutilization.
- No plans for stock buybacks or dividends as the company is in a growth phase and focusing on capacity expansion.
- The company faces margin pressures and cost management issues, although they have stabilized compared to the previous year.
Ladies and gentlemen, good day, and welcome to Som Distilleries and Breweries Limited Q1 FY25 earnings conference call. (Operator Instructions)
Please note that this conference is being recorded. I now hand the conference over to Mr. Nakul Sethi, Director of Finance and Strategy of Som Distilleries and Breweries Limited. Thank you, and over to you, Mr. Sethi.
Thank you so much. Good afternoon, everyone. On behalf of the company, I extend a warm welcome to all of you for the quarter one FY25 earnings call. Despite the challenging macroeconomic environment, we have commenced this fiscal year with a strong financial performance.
During the quarter, we achieved Beer volumes of 86.8 lakh cases, and 2.5 lakh cases of IMFL, resulting in a total income of INR5,137 million, reflecting a growth of 33% over quarter one FY24.
Our flagship brand, Hunter, recorded a volume of 26.6 lakh cases while Black Fort and Power Cool reported volumes of 8.2
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
