Up 325% in 4 years! Multibagger brewery stock with 1:10 stock split history declares Q2 Results 2026; revenue up 203%

Résumé détaillé

Asgard Alcobev reported a 103% year-on-year rise in Q2 FY27 revenue to ₹48.93 crore and a more than 14-fold increase in net profit to ₹2.55 crore. The brewing company is targeting FY27 EBITDA of ₹24–28 crore and plans to expand annual capacity by about 29%.

Multibagger brewery stock Asgard Alcobev shares will be in focus on Monday, November 16, after the brewery company announced a sharp improvement in its September-quarter performance, with revenue more than doubling and net profit rising over 14 times year-on-year.

The stock, which has delivered a multibagger 325% return over four years, also has a 1:10 stock split in its corporate-action history. Its latest results reflect the company's transition towards a brewing-led business following its acquisition of a controlling stake in CMJ Breweries in February 2026.

Asgard Alcobev reported consolidated revenue from operations of ₹48.93 crore in Q2 FY27, up 102.84% from ₹24.12 crore in the corresponding quarter last year. Consolidated profit after tax (PAT) increased to ₹2.55 crore from ₹16.95 lakh, marking growth of 1,402.3%.

EBITDA rose to ₹7.33 crore from ₹88.97 lakh a year earlier. Sequentially, EBITDA increased 42.31%, while its margin expanded to 14.98% from 9.71% in Q1 FY27, an improvement of 527 basis points. PAT grew 50.48% quarter-on-quarter.

Operationally, production increased 18.6% sequentially to 13.82 lakh cases, while dispatches rose 14% to 13.58 lakh cases. Capacity utilisation improved to 78.6% from 63.1%. Can production climbed 67.7% to 4.99 lakh cases, accounting for 36.1% of total production.

For the first half of FY27, revenue stood at ₹101.96 crore, up 125.17%, while PAT increased 416.08% to ₹4.24 crore. Gross borrowings declined from ₹72.54 crore as of March 31, 2026, to ₹60.84 crore at the end of September.

The company clarified that its line of business changed from February 17, 2026, following its transition to brewing. Consequently, prior-year figures reflect the earlier business, and operating metrics are compared sequentially.

Managing Director Ronak Jain said the quarter's performance reflected improvements in manufacturing operations and profitability following the company's transition to brewing.

"We are encouraged by our strong performance during…

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