SOM DIST & BREW LTD

During the Q1 FY 2026-27 earnings call, management reported that the quarter was challenging due to operational and regulatory disruptions in Madhya Pradesh, significantly impacting volumes and financial performance. However, they noted a strong recovery in Karnataka and Odisha, alongside the successful commissioning of a new brewery in Uttar Pradesh, which added 10 million cases of annual capacity. Beer sales constituted 98.9% of total volume, with a focus on premiumization leading to a 3% year-on-year increase in IMFL realization. Management emphasized the importance of restoring operations in Madhya Pradesh, ramping up the new facility, and maintaining a disciplined balance sheet. They reported consolidated volumes of 45.79 lakh cases and a total income of INR 268.8 crores, with EBITDA at INR 15.2 crores. Management expressed confidence in the business's underlying strength despite the challenges faced.

Management highlighted both challenges and positive developments during the quarter.