The Company’s revenues from operations stood at INR 2058.39 Cr for the period ended 31 December 2018 which was INR 1741.78 CR for the same period last year, showing 18.18% growth YoY. Revenues for the quarter ended 30 September 2018 stood at INR 1906.09 Cr, showing 8% growth QoQ.

The Company’s PAT for October ’18 to December ’18 quarter stood at INR 52.09 Cr versus INR 35.01 Cr, showing 48.78% jump YoY. The same was increased by 5.15% QoQ basis (INR 49.54 Cr)

During the quarter, the board of the Company has approved the appointment of Ms. Sushmita Singha, as an Independent Women Director with effect on April 1, 2019. She is also on Board of various reputed organisations like Kajaria Ceramics Ltd, Ginni International Ltd etc…

About Radico Khaitan –

Think of liquor in India and one name that will definitely come to your mind is Radico Khaitan Limited, which today stands tall amongst the key players.

History: One of the largest players in the Indian Spirits industry, Radico Khaitan was formerly known as Rampur Distillery which was established in 1943.

Business: With an innovative brand portfolio of international repute, Radico Khaitan has been a pioneer in setting industry trends. The Company has four millionaire brands 8 PM Whisky, Magic Moments Vodka, Contessa Rum and Old Admiral Brandy in its portfolio.

Achievement: With 8PM, not only Radico Khaitan successfully entered the branded liquor sector but the brand managed to achieve a million cases in sales within a year of its launch. It also became first brand in the liquor industry to make it to Limca Book of Records.

Distilleries: Radico Khaitan operates three distilleries and one JV with total capacity of 150 million litres. It also has 33 bottling units spread across the country.

Also Read –

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Oberoi Realty Limited: Q3 FY 2018-19 Key Points

Disclaimer: The contents and data presented here are just for your information & personal use only. While much effort is made to provide the information, I ( Vishal Dalwadi ) or “FinBlab” do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

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The Company’s total revenue from operations rose to INR 448.89 Cr up by 3.45% YoY, and the same was INR 433.85 Cr a period year ago. However, company’s profit after tax tumbled to INR 16.17 Cr, which was INR 22.30 Cr for the period ends on 31 December 2017.

The stock touched an intraday high of INR 773.95 and an intraday low of INR 711.10 on the National Stock Exchange (NSE)

Total Income:

G.M.Breweries total income for the quarter ended 31 December 2018 rose to INR 451.53 Cr which was INR 415.04 Cr for the period ended 30 September 2018, showing 8.79% increment QoQ.

Profit:

The Company’s profit for October to December 2018 quarter stood at INR 16.17 Cr which was INR 19.42 Cr for July to September 2018 quarter, showing 16.73% decline QoQ.

G.M.Breweries Limited – Company Overview

G.M.Breweries Limited, popularly known as GMBL, is engaged in the business of manufacturing and marketing of Alcoholic Beverages; such as Country Liquor (CL) and Indian made Foreign Liquor (IMFL).

• History: G.M.Breweries Limited was set up in the year 1981 by Jimmy Almeida with an aim to provide finest quality country liquor to the common man, who savours its taste, at the lowest possible price.
• IPO: Jimmy Almeida always wanted to share his wealth with the society at large; GMBL came out with its Initial public offer of shares (IPO) in September 1993.
• Production Capacity: GMBL is having a state of the art fully automatic Bottling Plant at Virar (Maharashtra) with a capacity to produce about 50,000 cases a day. Initially The Company started producing 200 cases a day which has now reached to more than 50,000 cases a day.
• Brands: The Company brands include M.SANTRA, M.DOCTOR, M.LIMBU PUNCH, and M.DILBAHAR SOUNF.

Stock Price Movement

The stock ended 4.54% lower to INR 722.55 when the market closed on Thursday! During the quarter ended 31 December 2018, the share prices of G.M.Breweries Ltd has made a low of INR 491 and high of INR 778

G.M.Breweries on Technical Charts

The stock price of G.M.Breweries is trading 9% higher when compared to its 50 EMA (622) and marginally above when compared to its 200 EMA (717)

Finblab view on G.M.Breweries Limited

Finblab has recommended G.M.Breweries Limited in November 2018 at INR 575 (more than 30% positive return till now) and is continue to bullish on the stock keeping a long-term view in mind.

Disclaimer: The contents and data presented here are just for your information & personal use only. While much effort is made to provide the information, I ( Vishal Dalwadi ) or “Fin Blab” do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post G.M.Breweries Limited Q3FY18-19: Key Highlights appeared first on Upcoming ipos: Latest news on stocks, economy & finance.