Brewery Firm Asgard Alcobev Reports Jump in Q2 Revenue and Profit

Asgard Alcobev shares will be watched closely by market traders on Monday, November 16, after the brewery company announced a sharp rise in its September-quarter earnings. Consolidated revenue from operations reached ₹48.93 crore in the second quarter of financial year 2027, marking an increase of 102.84% from ₹24.12 crore in the same period last year. Profit after tax jumped over 14 times to reach ₹2.55 crore, compared to ₹16.95 lakh previously.

Financial Growth

Earnings before interest, taxes, depreciation, and amortisation rose to ₹7.33 crore from ₹88.97 lakh a year earlier. For the first half of the financial year, revenue stood at ₹101.96 crore with a profit of ₹4.24 crore. Gross borrowings dropped from ₹72.54 crore at the end of March 2026 to ₹60.84 crore by September. Managing Director Ronak Jain stated that the strong performance reflects better manufacturing operations and higher profitability after the firm moved into the brewing sector following its stake acquisition in CMJ Breweries in February 2026.

Future Targets

The company aims for an EBITDA between ₹24 crore and ₹28 crore for the full financial year 2027. It plans to expand annual manufacturing capacity from 8.4 million cases to 10.8 million cases by March 2027. On the stock exchanges, shares closed 1% higher at ₹35.23 on the BSE on Friday, November 13.

Context

Brewery companies often experience revenue shifts when scaling up production capacity and improving plant efficiency after major business transitions. Stock splits adjust the nominal share price and total share count proportionately without changing the fundamental market value of the company.