Som Distilleries & Breweries Limited has informed the Exchange about Investor Presentation
SOM DISTILLERIES AND BREWERIES LIMITED Registered Office: I-A, Zee Plaza, Arjun Nagar, Safdarjung Enclave, Kamal Cinema Road, New Delhi - 110029 Phone: +91-11-26169909, 26169712 Fax: +91-11-26195897 Corporate Office: SOM House, 23, Zone II, M.P. Nagar, Bhopal, Madhya Pradesh – 462011 Phone: +91-755-4278827, 4271271 Fax: +91-755-2557470 Email : compliance@somindia.com Website: www.somindia.com CIN : L74899DL1993PLC052787 (BSE : 507514, NSE : SDBL)
SDBL/BSE/NSE/2025 To
30.05.2025
The Manager, Listing Department, NATIONAL STOCK EXCHANGE OF INDIA LIMITED ‘Exchange Plaza’ C-1, Block G, Bandra-Kurla Complex, Bandra (E), Mumbai-400 051. cmlist@nse.co.in Security ID: SDBL
Dy. General Manager, Department of Corporate Services, BSE LIMITED,
First Floor, P.J. Towers, Dalal Street, Fort, Mumbai – 400001. corp.compliance@bseindia.com Security ID: 507514
SUB.: EARNINGS PRESENTATION – AUDITED FINANCIAL RESULTS (STANDALONE AND CONSOLIDATED) FOR THE QUARTER AND YEAR ENDED 31ST MARCH, 2025
Dear Sir/Madam,
In terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed Earnings Presentation on Audited Financial Results (Standalone and Consolidated) for the quarter and Year ended 31st March, 2025.
The same has also been uploaded on the Company’s website www.somindia.com.
This is for your information and records please.
For Som Distilleries and Breweries Limited
Nakul Kam Sethi Executive Director DIN: 06512548
NAKUL KAM SETHIDigitally signed by NAKUL KAM SETHI Date: 2025.05.30 10:46:23 +05'30' SOM Distilleries & Breweries Limited (BSE: 507514, NSE: SDBL)
Earnings Presentation Q4 FY2025
Conference Call Update
Conference Call Details: Friday, 30th May 2025 at 4:00 PM IST
Diamond Pass
Primary Number
Link
+91 22 6280 1106 / +91 22 7115 8007
The number listed above is universally accessible from all networks and all countries.
Toll Free Number
USA: 1 866 746 2133 UK: 08 081 011573 Singapore: 800 101 2045 Hong Kong: 800 96 4448
This presentation contains statements that contain “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to SOM Distilleries & Breweries’ future business developments and economic performance. While these forward looking statements indicate our assessment and future expectations concerning the development of our business, a number of risks, uncertainties and other unknown factors could cause actual developments and results to differ materially from our expectations. These factors include, but are not limited to, general market, macro-economic, governmental and regulatory trends, movements in currency exchange and interest rates, competitive pressures, technological developments, changes in the financial conditions of third parties dealing with us, legislative developments, and other key factors that could affect our business and financial performance. SOM Distilleries & Breweries undertakes no obligation to publicly revise any forward looking statements to reflect future / likely events or circumstances.
2
Business Overview
SOM Distilleries & Breweries Limited is based in Bhopal and is one of the leading alcoholic beverages manufacturers in India
The Company is setting up a Rs. 600 crore greenfield project in phases in Uttar Pradesh, with a capacity of over 12 million beer cases annually
Primarily engaged in production of beer and blending and bottling of IMFL
Dispatches from the Bhopal plant recorded over 32% growth in April 2025, reflecting increasing demand and enhanced operational efficiency
Emerged as the second-largest beer company in Jharkhand with a 22% market share
Among the two listed beer companies in India and it is one of the fastest growing beer companies in the India
3
Product Portfolio
24
Investment Case
One of the fastest growing beer companies in the country growing with a CAGR of 59% over the past three years
The company has rapidly gained market share in its local manufacturing states of MP, Karnataka, and Odisha
The company expects to drive future growth through market share gains in core and identified key markets, and by replicating the success by setting up local manufacturing bases or entering with bottling arrangements for other states.
Dispatches from the Bhopal plant grew over 32% in April 2025, reflecting rising demand and improved operational efficiency
Execution of the capex at Odisha was completed during the Q4 FY 2024-25
6
Plant Location
Hassan Plant
Capacity (in mn cases)
Beer
14.0
IMFL
2.7
Bhopal Plant Bhopal Plant
Capacity (in mn cases)
Beer
15.2
IMFL
0.6
Odisha Plant
Capacity (in mn cases)
Beer
9.0
IMFL
0.6
7
Management Commentary
"We are pleased to share the progress made in FY2025, which reflects our continued focus on expansion, innovation, and operational execution. Our total income reached a record high of Rs. 14,474 million, marking a 13% YoY growth. EBITDA stood at Rs. 1,807 million, a 16% YoY increase, and net profit reached Rs. 1,045 million a 21% YoY increase. These numbers reflect successful strategies for sustainable growth and profitability. Our beer and IMFL volumes grew by 10% and 14% annually, respectively, showcasing the quality of our products and alignment with customer preferences
During the year, we commenced dispatches from our Karnataka facility to Tamil Nadu, marking our entry into one of India’s largest consumption markets. We also strengthened our position in Jharkhand, becoming the second-largest beer company in the state with a 22% market share.
Our dispatches from the Bhopal plant grew over 32% in April 2025, supported by increased demand and greater operational efficiency during the peak season. These achievements are a result of our sharp focus on market dynamics, consumer preference, and strong distribution.
We also began construction of our Rs. 600 crore greenfield project in Farrukhabad, Uttar Pradesh, under our subsidiary Woodpecker Greenagri Nutrients.
With these developments, we are well positioned to build on our momentum and continue scaling our presence across key markets’’.
Mr. JK Arora, Chairman & Managing Director
8
SOM Distilleries: One of the fastest growing beer companies in the India
Q4 FY2025 Financial Highlights
5
Q4 FY2025 Financial Highlights
Beer Volume
57 lakh cases (10)% Y-o-Y
IMFL Volume
3 lakh cases +22% Y-o-Y
Total Income
Rs. 3,400 Mn (12)% Y-o-Y
EBITDA
Rs. 428 Mn (6)% Y-o-Y
Total Volume
60 lakh cases (9)% Y-o-Y
PAT
Rs. 237 Mn +19% Y-o-Y
210
Performance Discussion
Operational efficiencies leading to better cost management
Volume
• Recorded beer volume of 57 lakh cases: over (10)% y-o-y of Q4 FY24
• Recorded IMFL volume of 3 lakh cases: over 22% y-o-y of Q4 FY24
Realization
• Beer realization for Q4 FY25 was Rs. 534 per case, compared to Rs. 552 in Q4 FY24. This change was
mainly influenced by a change in mix of the beer sold. IMFL realization for Q4 FY25 was Rs. 991 per case as compared to Rs. 914 in Q4 FY24
•
Cost
• The costs of key raw materials and packaging materials remained stable during the quarter. • The gross margin was also stable due to a favorable mix of older glass bottles and softening of key raw
material and packaging material prices.
11
SOM Distilleries: One of the fastest growing beer companies in the India
FY2025 Financial Highlights
5
FY2025 Financial Highlights
“Power Cool brand secured its position as the second most popular and highest-selling beer in Karnataka”
Beer Volume
IMFL Volume
Total Income
EBITDA
234 lakh cases 10% Y-o-Y
11 lakh cases 14% Y-o-Y
Rs. 14,474 Mn +13% Y-o-Y
Rs. 1,807 Mn +16% Y-o-Y
Total Volume
246 lakh cases 10% Y-o-Y
PAT
Rs. 1,045 Mn +21% Y-o-Y
213
Performance Highlights
(Rs. Million)
FY2025
FY2024
Growth (%)
FY2025
FY2024
Growth (%)
Q4
Y-o-Y
12M
Y-o-Y
Total Income
Gross Profit
Margin (%)
EBITDA
Margin (%)
Interest
Depreciation
Net Profit
Margin (%)
3,400
1,222
35.9%
428
12.6%
34
69
237
7.0%
3,852
1,294
33.6%
455
11.8%
35
59
200
5.2%
(11.7)%
14,474
12,864
(5.6)%
(6.0)%
(1.6)%
17.5%
18.7%
5,216
36.0%
1,807
12.5%
111
260
1,045
7.2%
4,541
35.3%
1,552
12.1%
119
213
865
6.7%
12.5%
14.9%
16.5%
(7.0)%
21.6%
20.8%
14
Leverage Profile
(Rs. Million)
Secured Borrowings
Unsecured Borrowings
Gross Debt- Consolidated
Less: Cash & Cash Equivalents
Mar 31 2025
Mar 31 2024
1,670
940
40
830
1,710
1,770
200
130
• Gross Debt reduced by Rs.60 million, consolidated debt decreased, an improved total debt
Overall showcasing position
• The secured debt increased due to higher
cash credit limit utilisation
• The gross debt-equity ratio decreased from 0.35x in Dec 2024 to 0.26x in Mar 2025
• Net debt reduced by Rs. 130 million, net an
improved
in
resulting debt/EBITDA
Net Debt
1,510
1,640
Gross Debt / Equity (x)
0.26x
0.35x
Net Debt / EBITDA (x)
0.63x
1.06x
• The finance cost for the year declined to 0.76% of revenue, down from 0.92% in the previous fiscal year
15
SOM Distilleries: One of the fastest growing beer companies in the India
Operational Highlights
5
Volume Summary
Q4
Lakh cases
FY2025 FY2024
Y-o-Y Growth (%)
12M
FY2025 FY2024
Y-o-Y Growth (%)
Hunter
19.9
16.6
19.9%
67.2
58.6
14.7%
Black Fort
5.8
5.3
9.4%
20.3
29.8
(31.9)%
Power Cool
25.8
33.3
(22.5)% 113.1
111.5
1.4%
Legend
2.6
-
NA
19.2
-
NA
Total Beer
56.8
63.4
(10.4)% 234.4
214.0
9.5%
Total IMFL
3.3
2.7
22.2%
11.4
10.0
14.0%
Total Volume
60.2
66.0
(8.8)%
245.8
224.1
9.7%
• Beer accounted for 95% of total volumes and
89% of the revenue during Q4 FY2025
• Price realization for Beer during Q4 FY25 was Rs. 534 and IMFL was Rs. 991; blended realization at Rs. 563.
• Emergence of Legend beer as a major brand for
us.
17
Millionnaire Beer Brands – Volume Consolidation
26.7
16.6
11.1
9.5
Quantity Sold (in lakh cases)
19.9
Q4 FY2024
Q1 FY2025
Q2 FY2025
Q3 FY2025
Q4 FY2025
8.2
5.3
2.6
3.7
5.8
Q4 FY2024
Q1 FY2025
Q2 FY2025
Q3 FY2025
Q4 FY2025
33.3
41.0
22.9
23.4
25.8
Q4 FY2024
Q1 FY2025
Q2 FY2025
Q3 FY2025
Q4 FY2025
18
SOM Distilleries: One of the fastest growing beer companies in the India
Sustainability
5
Sustainability
Conservation of Energy Reduce fossil fuel dependency by transitioning to renewables and regular checks on electrical equipment to minimize energy waste
Waste Reduction Initiatives The new greenfield facility is being developed with Zero Liquid Discharge (ZLD) technology, ensuring minimal waste generation and responsible disposal practices as part of the Company’s commitment to reducing its environmental footprint
Water Stewardship Advanced membrane technology is being integrated to enhance water recycling and conservation, highlighting water stewardship and sustainable resource management
CSR and Donations In FY25, donated Rs. 1.26 crores, for societal education and welfare activities, including Asha Mohan Foundation through CSR
Well-being of employees The upcoming greenfield project in Farrukhabad is designed to create 700–800 local jobs, reinforcing the Company’s commitment to inclusive growth and the well-being of communities through employment generation and regional development
Customer Satisfaction Implemented proactive customer complaint handling process to promptly address product- related concerns
Corporate Governance Corporate governance philosophy is guided by principles like independence, accountability, transparency, ethics, and integrity in relations with stakeholders
Experienced and Skilled Board of Directors Balanced board with 2 Executives (including MD) and 4 Non-Executive Non-Independent Directors, offering valuable input on strategy and performance
Executive team of ESG
Dedicated ESG Executive team with 4 associates
SOM Distilleries & Breweries ESG Profile Link: https://bit.ly/364ur49
20
SOM Distilleries: One of the fastest growing beer companies in the India
Awards & Accolades
5
Awards and Accolades
Brand Recognition
22
SOM Distilleries & Breweries Limited (BSE: 507514, NSE: SDBL)
(CIN: L74899DL1993PLC052787)
Registered Office: Zee Plaza, 1 - A Kamal Cinema Road Arjun Nagar Safdarjung Enclave New Delhi 110029
Corporate Office: SOM HOUSE 23, Zone II Maharana Pratap Nagar, Bhopal 462011
Ph.: +91 755 427 8827
Nakul Sethi SOM Distilleries and Breweries
nksethi@somindia.in +91 755 4271271
Simran Malhotra/ Rajiv Pandya Churchgate Partners
som@churchgatepartners.com +91 22 6169 5988