G M Breweries Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: June 13, 2025, 6:13 am

Market Cap	1,726 Cr.
Current Price	755
High / Low	1,049/579
Stock P/E	13.4
Book Value	411
Dividend Yield	0.99 %
ROCE	18.1 %
ROE	14.6 %
Face Value	10.0
PEG Ratio	1.35

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for G M Breweries Ltd

Competitors of G M Breweries Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
United Spirits Ltd	94,875 Cr.	1,305	1,314/866	66.8	97.9	0.69 %	28.7 %	21.7 %	2.00
United Breweries Ltd	54,608 Cr.	2,065	2,300/1,810	119	165	0.48 %	13.9 %	10.8 %	1.00
Tilaknagar Industries Ltd	7,076 Cr.	365	457/200	30.8	45.6	0.14 %	28.4 %	29.9 %	10.0
Som Distilleries & Breweries Ltd	3,181 Cr.	163	165/95.6	33.2	38.3	0.00 %	18.0 %	14.6 %	2.00
Radico Khaitan Ltd	34,652 Cr.	2,589	2,790/1,628	100	201	0.15 %	16.2 %	13.6 %	2.00
Industry Average	20,186.90 Cr	1,019.20		55.12	231.78	0.30%	16.71%	13.86%	6.70

All Competitor Stocks of G M Breweries Ltd

Quarterly Result

Metric	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025
Sales	142	142	142	154	156	147	152	157	160	152	149	166	169
Expenses	119	120	111	120	125	120	122	132	135	121	121	136	141
Operating Profit	23	22	31	33	31	27	30	25	25	31	28	30	29
OPM %	16%	15%	22%	22%	20%	18%	20%	16%	16%	21%	18%	18%	17%
Other Income	25	1	1	3	15	1	1	7	71	4	3	1	40
Interest	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	2	2	2	2	1	2	2	2	2	2	2	2	1
Profit before tax	47	22	30	35	45	27	29	31	95	33	29	29	68
Tax %	14%	25%	25%	25%	22%	25%	24%	26%	8%	25%	25%	25%	12%
Net Profit	40	16	23	26	35	20	22	23	87	25	22	22	60
EPS in Rs	17.58	7.09	9.95	11.37	15.39	8.73	9.81	9.91	38.00	10.92	9.48	9.62	26.46

Last Updated: May 31, 2025, 9:10 am

Below is a detailed analysis of the quarterly data for G M Breweries Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Sales, as of Mar 2025, the value is 169.00 Cr.. The value appears strong and on an upward trend. It has increased from 166.00 Cr. (Dec 2024) to 169.00 Cr., marking an increase of 3.00 Cr..
For Expenses, as of Mar 2025, the value is 141.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 136.00 Cr. (Dec 2024) to 141.00 Cr., marking an increase of 5.00 Cr..
For Operating Profit, as of Mar 2025, the value is 29.00 Cr.. The value appears to be declining and may need further review. It has decreased from 30.00 Cr. (Dec 2024) to 29.00 Cr., marking a decrease of 1.00 Cr..
For OPM %, as of Mar 2025, the value is 17.00%. The value appears to be declining and may need further review. It has decreased from 18.00% (Dec 2024) to 17.00%, marking a decrease of 1.00%.
For Other Income, as of Mar 2025, the value is 40.00 Cr.. The value appears strong and on an upward trend. It has increased from 1.00 Cr. (Dec 2024) to 40.00 Cr., marking an increase of 39.00 Cr..
For Interest, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Dec 2024) which recorded 0.00 Cr..
For Depreciation, as of Mar 2025, the value is 1.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 2.00 Cr. (Dec 2024) to 1.00 Cr., marking a decrease of 1.00 Cr..
For Profit before tax, as of Mar 2025, the value is 68.00 Cr.. The value appears strong and on an upward trend. It has increased from 29.00 Cr. (Dec 2024) to 68.00 Cr., marking an increase of 39.00 Cr..
For Tax %, as of Mar 2025, the value is 12.00%. The value appears to be improving (decreasing) as expected. It has decreased from 25.00% (Dec 2024) to 12.00%, marking a decrease of 13.00%.
For Net Profit, as of Mar 2025, the value is 60.00 Cr.. The value appears strong and on an upward trend. It has increased from 22.00 Cr. (Dec 2024) to 60.00 Cr., marking an increase of 38.00 Cr..
For EPS in Rs, as of Mar 2025, the value is 26.46. The value appears strong and on an upward trend. It has increased from 9.62 (Dec 2024) to 26.46, marking an increase of 16.84.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: May 15, 2025, 6:37 am

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales	289	307	360	375	426	464	469	340	458	594	615	637
Expenses	246	269	264	306	318	347	380	265	363	477	508	519
Operating Profit	42	38	96	69	108	117	89	75	96	117	107	118
OPM %	15%	13%	27%	18%	25%	25%	19%	22%	21%	20%	17%	18%
Other Income	1	2	10	4	10	14	9	30	29	20	80	48
Interest	6	7	12	0	0	0	0	0	0	0	0	1
Depreciation	5	6	5	6	6	7	7	5	6	6	6	5
Profit before tax	33	28	88	67	111	123	91	100	118	132	181	160
Tax %	34%	35%	34%	35%	34%	33%	25%	20%	21%	24%	16%	19%
Net Profit	22	19	58	44	73	82	68	80	93	100	152	129
EPS in Rs	9.41	8.14	25.46	19.06	31.83	36.10	29.76	35.13	40.95	43.80	66.46	56.48
Dividend Payout %	11%	16%	5%	10%	6%	7%	8%	9%	10%	11%	8%	13%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	-13.64%	205.26%	-24.14%	65.91%	12.33%	-17.07%	17.65%	16.25%	7.53%	52.00%	-15.13%
Change in YoY Net Profit Growth (%)	0.00%	218.90%	-229.40%	90.05%	-53.58%	-29.40%	34.72%	-1.40%	-8.72%	44.47%	-67.13%

G M Breweries Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	8%
5 Years:	6%
3 Years:	12%
TTM:	3%

Compounded Profit Growth
10 Years:	22%
5 Years:	13%
3 Years:	13%
TTM:	-13%

Stock Price CAGR
10 Years:	29%
5 Years:	17%
3 Years:	18%
1 Year:	16%

Return on Equity
10 Years:	18%
5 Years:	16%
3 Years:	16%
Last Year:	15%

Last Updated: Unknown

Balance Sheet

Last Updated: May 13, 2025, 3:29 pm

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	9	12	12	15	15	18	18	18	18	18	18	23
Reserves	105	114	169	210	277	349	412	487	573	663	804	916
Borrowings	29	32	0	0	0	0	0	0	0	0	0	0
Other Liabilities	78	48	50	55	60	57	53	68	77	87	95	159
Total Liabilities	221	206	231	279	351	424	484	573	668	769	917	1,098
Fixed Assets	96	86	79	96	111	139	159	138	137	185	240	291
CWIP	7	1	2	76	64	48	26	20	20	8	6	0
Investments	49	77	88	46	108	163	226	287	379	446	526	590
Other Assets	69	42	62	61	69	74	73	128	133	131	146	217
Total Assets	221	206	231	279	351	424	484	573	668	769	917	1,098

Below is a detailed analysis of the balance sheet data for G M Breweries Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Equity Capital, as of Mar 2025, the value is 23.00 Cr.. The value appears strong and on an upward trend. It has increased from 18.00 Cr. (Mar 2024) to 23.00 Cr., marking an increase of 5.00 Cr..
For Reserves, as of Mar 2025, the value is 916.00 Cr.. The value appears strong and on an upward trend. It has increased from 804.00 Cr. (Mar 2024) to 916.00 Cr., marking an increase of 112.00 Cr..
For Borrowings, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
For Other Liabilities, as of Mar 2025, the value is 159.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 95.00 Cr. (Mar 2024) to 159.00 Cr., marking an increase of 64.00 Cr..
For Total Liabilities, as of Mar 2025, the value is 1,098.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 917.00 Cr. (Mar 2024) to 1,098.00 Cr., marking an increase of 181.00 Cr..
For Fixed Assets, as of Mar 2025, the value is 291.00 Cr.. The value appears strong and on an upward trend. It has increased from 240.00 Cr. (Mar 2024) to 291.00 Cr., marking an increase of 51.00 Cr..
For CWIP, as of Mar 2025, the value is 0.00 Cr.. The value appears to be declining and may need further review. It has decreased from 6.00 Cr. (Mar 2024) to 0.00 Cr., marking a decrease of 6.00 Cr..
For Investments, as of Mar 2025, the value is 590.00 Cr.. The value appears strong and on an upward trend. It has increased from 526.00 Cr. (Mar 2024) to 590.00 Cr., marking an increase of 64.00 Cr..
For Other Assets, as of Mar 2025, the value is 217.00 Cr.. The value appears strong and on an upward trend. It has increased from 146.00 Cr. (Mar 2024) to 217.00 Cr., marking an increase of 71.00 Cr..
For Total Assets, as of Mar 2025, the value is 1,098.00 Cr.. The value appears strong and on an upward trend. It has increased from 917.00 Cr. (Mar 2024) to 1,098.00 Cr., marking an increase of 181.00 Cr..

Notably, the Reserves (916.00 Cr.) exceed the Borrowings (0.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	28	20	60	53	63	61	79	1	97	96	59	162
Cash from Investing Activity +	-27	-13	-4	-50	-61	-57	-72	10	-95	-87	-48	-149
Cash from Financing Activity +	0	-3	-32	-4	-5	-5	-7	-6	-7	-9	-11	-13
Net Cash Flow	1	4	24	-1	-4	-2	-0	6	-5	0	-1	-0

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	13.00	6.00	96.00	69.00	108.00	117.00	89.00	75.00	96.00	117.00	107.00	118.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	0	0	0	0	0	1	2	1	1	2	0	1
Inventory Days	21	41	50	38	26	27	40	38	73	63	55	40
Days Payable	21	12	11	11	11	12	10	21	8	6	13	29
Cash Conversion Cycle	0	29	40	28	14	16	31	18	66	60	42	12
Working Capital Days	-34	-58	-22	-19	-26	-17	-8	-7	25	17	-1	9
ROCE %	20%	29%	22%	55%	33%	42%	37%	23%	20%	20%	20%	24%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	74.43%	74.43%	74.43%	74.43%	74.43%	74.43%	74.43%	74.43%	74.43%	74.43%	74.43%	74.43%
FIIs	1.70%	1.63%	1.78%	1.68%	1.66%	0.30%	0.34%	0.30%	0.36%	0.63%	0.34%	0.37%
DIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.02%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Public	23.87%	23.94%	23.80%	23.89%	23.91%	25.26%	25.24%	25.27%	25.22%	24.94%	25.22%	25.20%
No. of Shareholders	28,999	29,445	30,420	30,649	31,100	32,137	32,309	32,337	33,605	39,890	46,665	46,896

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	82.90	54.61	51.08	43.82	37.12
Diluted EPS (Rs.)	82.90	54.61	51.08	43.82	37.12
Cash EPS (Rs.)	86.22	57.79	54.37	46.80	41.09
Book Value[Excl.RevalReserv]/Share (Rs.)	449.70	372.83	323.22	276.16	235.36
Book Value[Incl.RevalReserv]/Share (Rs.)	449.70	372.83	323.22	276.16	235.36
Dividend / Share (Rs.)	7.00	6.00	5.00	4.00	3.00
Revenue From Operations / Share (Rs.)	336.45	324.57	250.72	186.00	256.27
PBDIT / Share (Rs.)	102.66	75.18	67.88	57.75	53.66
PBIT / Share (Rs.)	99.30	72.00	64.56	54.75	49.67
PBT / Share (Rs.)	99.10	71.98	64.56	54.72	49.65
Net Profit / Share (Rs.)	82.86	54.61	51.05	43.80	37.10
PBDIT Margin (%)	30.51	23.16	27.07	31.04	20.93
PBIT Margin (%)	29.51	22.18	25.75	29.43	19.38
PBT Margin (%)	29.45	22.17	25.74	29.41	19.37
Net Profit Margin (%)	24.62	16.82	20.36	23.54	14.47
Return on Networth / Equity (%)	18.42	14.64	15.79	15.85	15.76
Return on Capital Employeed (%)	22.03	19.23	19.87	19.68	20.91
Return On Assets (%)	16.51	12.98	13.97	13.97	14.02
Asset Turnover Ratio (%)	0.72	0.82	0.73	0.64	1.03
Current Ratio (X)	1.30	1.27	1.64	1.46	1.25
Quick Ratio (X)	0.99	0.83	1.21	1.03	0.83
Inventory Turnover Ratio (X)	14.09	12.68	11.04	9.44	17.65
Dividend Payout Ratio (NP) (%)	7.23	9.15	7.83	6.84	9.74
Dividend Payout Ratio (CP) (%)	6.95	8.64	7.35	6.40	8.79
Earning Retention Ratio (%)	92.77	90.85	92.17	93.16	90.26
Cash Earning Retention Ratio (%)	93.05	91.36	92.65	93.60	91.21
Interest Coverage Ratio (X)	505.03	3636.69	8930.03	1668.29	1901.53
Interest Coverage Ratio (Post Tax) (X)	408.64	2642.93	6717.25	1266.25	1315.92
Enterprise Value (Cr.)	1144.76	950.31	1276.56	753.76	543.66
EV / Net Operating Revenue (X)	1.86	1.60	2.78	2.22	1.16
EV / EBITDA (X)	6.10	6.91	10.28	7.14	5.54
MarketCap / Net Operating Revenue (X)	1.88	1.64	2.84	2.24	1.21
Retention Ratios (%)	92.76	90.84	92.16	93.15	90.25
Price / BV (X)	1.41	1.43	2.20	1.51	1.31
Price / Net Operating Revenue (X)	1.88	1.64	2.84	2.24	1.21
EarningsYield	0.13	0.10	0.07	0.10	0.12

After reviewing the key financial ratios for G M Breweries Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is 82.90. This value is within the healthy range. It has increased from 54.61 (Mar 23) to 82.90, marking an increase of 28.29.
For Diluted EPS (Rs.), as of Mar 24, the value is 82.90. This value is within the healthy range. It has increased from 54.61 (Mar 23) to 82.90, marking an increase of 28.29.
For Cash EPS (Rs.), as of Mar 24, the value is 86.22. This value is within the healthy range. It has increased from 57.79 (Mar 23) to 86.22, marking an increase of 28.43.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 449.70. It has increased from 372.83 (Mar 23) to 449.70, marking an increase of 76.87.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 449.70. It has increased from 372.83 (Mar 23) to 449.70, marking an increase of 76.87.
For Dividend / Share (Rs.), as of Mar 24, the value is 7.00. This value exceeds the healthy maximum of 3. It has increased from 6.00 (Mar 23) to 7.00, marking an increase of 1.00.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 336.45. It has increased from 324.57 (Mar 23) to 336.45, marking an increase of 11.88.
For PBDIT / Share (Rs.), as of Mar 24, the value is 102.66. This value is within the healthy range. It has increased from 75.18 (Mar 23) to 102.66, marking an increase of 27.48.
For PBIT / Share (Rs.), as of Mar 24, the value is 99.30. This value is within the healthy range. It has increased from 72.00 (Mar 23) to 99.30, marking an increase of 27.30.
For PBT / Share (Rs.), as of Mar 24, the value is 99.10. This value is within the healthy range. It has increased from 71.98 (Mar 23) to 99.10, marking an increase of 27.12.
For Net Profit / Share (Rs.), as of Mar 24, the value is 82.86. This value is within the healthy range. It has increased from 54.61 (Mar 23) to 82.86, marking an increase of 28.25.
For PBDIT Margin (%), as of Mar 24, the value is 30.51. This value is within the healthy range. It has increased from 23.16 (Mar 23) to 30.51, marking an increase of 7.35.
For PBIT Margin (%), as of Mar 24, the value is 29.51. This value exceeds the healthy maximum of 20. It has increased from 22.18 (Mar 23) to 29.51, marking an increase of 7.33.
For PBT Margin (%), as of Mar 24, the value is 29.45. This value is within the healthy range. It has increased from 22.17 (Mar 23) to 29.45, marking an increase of 7.28.
For Net Profit Margin (%), as of Mar 24, the value is 24.62. This value exceeds the healthy maximum of 10. It has increased from 16.82 (Mar 23) to 24.62, marking an increase of 7.80.
For Return on Networth / Equity (%), as of Mar 24, the value is 18.42. This value is within the healthy range. It has increased from 14.64 (Mar 23) to 18.42, marking an increase of 3.78.
For Return on Capital Employeed (%), as of Mar 24, the value is 22.03. This value is within the healthy range. It has increased from 19.23 (Mar 23) to 22.03, marking an increase of 2.80.
For Return On Assets (%), as of Mar 24, the value is 16.51. This value is within the healthy range. It has increased from 12.98 (Mar 23) to 16.51, marking an increase of 3.53.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.72. It has decreased from 0.82 (Mar 23) to 0.72, marking a decrease of 0.10.
For Current Ratio (X), as of Mar 24, the value is 1.30. This value is below the healthy minimum of 1.5. It has increased from 1.27 (Mar 23) to 1.30, marking an increase of 0.03.
For Quick Ratio (X), as of Mar 24, the value is 0.99. This value is below the healthy minimum of 1. It has increased from 0.83 (Mar 23) to 0.99, marking an increase of 0.16.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 14.09. This value exceeds the healthy maximum of 8. It has increased from 12.68 (Mar 23) to 14.09, marking an increase of 1.41.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 7.23. This value is below the healthy minimum of 20. It has decreased from 9.15 (Mar 23) to 7.23, marking a decrease of 1.92.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 6.95. This value is below the healthy minimum of 20. It has decreased from 8.64 (Mar 23) to 6.95, marking a decrease of 1.69.
For Earning Retention Ratio (%), as of Mar 24, the value is 92.77. This value exceeds the healthy maximum of 70. It has increased from 90.85 (Mar 23) to 92.77, marking an increase of 1.92.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 93.05. This value exceeds the healthy maximum of 70. It has increased from 91.36 (Mar 23) to 93.05, marking an increase of 1.69.
For Interest Coverage Ratio (X), as of Mar 24, the value is 505.03. This value is within the healthy range. It has decreased from 3,636.69 (Mar 23) to 505.03, marking a decrease of 3,131.66.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 408.64. This value is within the healthy range. It has decreased from 2,642.93 (Mar 23) to 408.64, marking a decrease of 2,234.29.
For Enterprise Value (Cr.), as of Mar 24, the value is 1,144.76. It has increased from 950.31 (Mar 23) to 1,144.76, marking an increase of 194.45.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 1.86. This value is within the healthy range. It has increased from 1.60 (Mar 23) to 1.86, marking an increase of 0.26.
For EV / EBITDA (X), as of Mar 24, the value is 6.10. This value is within the healthy range. It has decreased from 6.91 (Mar 23) to 6.10, marking a decrease of 0.81.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 1.88. This value is within the healthy range. It has increased from 1.64 (Mar 23) to 1.88, marking an increase of 0.24.
For Retention Ratios (%), as of Mar 24, the value is 92.76. This value exceeds the healthy maximum of 70. It has increased from 90.84 (Mar 23) to 92.76, marking an increase of 1.92.
For Price / BV (X), as of Mar 24, the value is 1.41. This value is within the healthy range. It has decreased from 1.43 (Mar 23) to 1.41, marking a decrease of 0.02.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 1.88. This value is within the healthy range. It has increased from 1.64 (Mar 23) to 1.88, marking an increase of 0.24.
For EarningsYield, as of Mar 24, the value is 0.13. This value is below the healthy minimum of 5. It has increased from 0.10 (Mar 23) to 0.13, marking an increase of 0.03.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of G M Breweries Ltd as of June 13, 2025 is: 649.63

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of June 13, 2025, G M Breweries Ltd is Overvalued by 13.96% compared to the current share price 755.00

Intrinsic Value of G M Breweries Ltd as of June 13, 2025 is: 714.35

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of June 13, 2025, G M Breweries Ltd is Overvalued by 5.38% compared to the current share price 755.00

Last 5 Year EPS CAGR: 9.96%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 28.75%, which is a positive sign. The stock has a low average Working Capital Days of -11.75, which is a positive sign. The company has higher reserves (423.25 cr) compared to borrowings (5.08 cr), indicating strong financial stability. The company has shown consistent growth in sales (444.50 cr) and profit (102.67 cr) over the years.	The stock has a high average Cash Conversion Cycle of 29.67, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in G M Breweries Ltd:
1. Net Profit Margin: 24.62%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 22.03% (Industry Average ROCE: 16.71%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 18.42% (Industry Average ROE: 13.86%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 408.64
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.99
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 13.4 (Industry average Stock P/E: 55.12)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

G M Breweries Ltd. is a Public Limited Listed company incorporated on 09/12/1981 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L15500MH1981PLC025809 and registration number is 025809. Currently Company is involved in the business activities of Manufacture of country liquor. Company's Total Operating Revenue is Rs. 636.57 Cr. and Equity Capital is Rs. 22.86 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Beverages & Distilleries	Ganesh Niwas, Mumbai Maharashtra 400025	investors_complaints@gmbreweries.com http://www.gmbreweries.com

Management
Name	Position Held
Mr. Jimmy Almeida	Chairman & Managing Director
Mrs. Jyoti Almeida	Whole Time Director
Mr. Kiran Parashare	Whole Time Director
Mr. Dilip Diwan	Director
Ms. Shivani Soni	Director
Mr. Paresh Trivedi	Director
Mr. Shantilal Haria	Director
Mrs. Urmi Shah	Director

FAQ

What is the intrinsic value of G M Breweries Ltd?

G M Breweries Ltd's intrinsic value (as of 13 June 2025) is ₹649.63 — 13.96% lower the current market price of 755.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 1,726 Cr. market cap, FY2025-2026 high/low of ₹1,049/579, reserves of 916 Cr, and liabilities of 1,098 Cr.

What is the Market Cap of G M Breweries Ltd?

The Market Cap of G M Breweries Ltd is 1,726 Cr..

What is the current Stock Price of G M Breweries Ltd as on 13 June 2025?

The current stock price of G M Breweries Ltd as on 13 June 2025 is 755.

What is the High / Low of G M Breweries Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of G M Breweries Ltd stocks is ₹1,049/579.

What is the Stock P/E of G M Breweries Ltd?

The Stock P/E of G M Breweries Ltd is 13.4.

What is the Book Value of G M Breweries Ltd?

The Book Value of G M Breweries Ltd is 411.

What is the Dividend Yield of G M Breweries Ltd?

The Dividend Yield of G M Breweries Ltd is 0.99 %.

What is the ROCE of G M Breweries Ltd?

The ROCE of G M Breweries Ltd is 18.1 %.

What is the ROE of G M Breweries Ltd?

The ROE of G M Breweries Ltd is 14.6 %.

What is the Face Value of G M Breweries Ltd?

The Face Value of G M Breweries Ltd is 10.0.