Som Distilleries & Breweries Ltd. (SDBL) AI Stock Analysis

Som Distilleries & Breweries Ltd.

(NSE:SDBL)

Select Model

Rating:57Neutral

Price Target:INR 70.00▼(-3.03% Downside)

Action:reiterated

Date:09/29/26

The overall score of 57 reflects a highly mixed profile. The company's primary strength is a structurally sound balance sheet, but this is overshadowed by severe profitability headwinds, ongoing cash burn, and a poor valuation marked by a negative P/E ratio. While short-term technicals show bullish momentum, the underlying fundamentals present significant risk factors.

Positive Factors

Improved LeverageThe substantial reduction in debt relative to equity indicates a healthier capital structure and greater balance-sheet resilience. Lower leverage can reduce financial strain and preserve flexibility to support operations or investment when earnings conditions improve.

Negative Factors

FY2026 Revenue and Margin ContractionThe latest fiscal year showed a material deterioration in both revenue and profitability, reversing the earlier improvement. If this weaker performance persists, it could reduce internal funding capacity and indicate continuing pressure on pricing, costs, or product demand.

Som Distilleries & Breweries Ltd. (SDBL) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 15.62B
Dividend Yield: ―
Average Volume (3M): 96.17K
Price to Earnings (P/E): -45.8
Beta (1Y): 1.31
Revenue Growth: -33.51%
EPS Growth: -130.05%
Country: India
Employees: 460
Sector: General
Sector Strength: 55
Industry: Beverages - Alcoholic

Som Distilleries & Breweries Ltd. Business Overview & Revenue Model

Company Description

Som Distilleries & Breweries Limited is a company that manufactures and distributes a variety of alcoholic beverages, encompassing both beer and Indian Made Foreign Liquor (IMFL), catering to markets within India and globally. Its extensive portfolio...

How the Company Makes Money

SDBL primarily makes money by manufacturing alcoholic beverages and selling them into the alcohol distribution channel. Key revenue streams include: (1) Sale of beer: revenue generated from producing beer and selling it to state beverage corporations...

Som Distilleries & Breweries Ltd. Financial Statement Overview

Summary

Anchored by a highly robust balance sheet with low leverage and expanding equity. However, this is heavily offset by a massive profitability squeeze, declining revenues, and widening negative free cash flows due to capital-intensive operations.

Income Statement

40Negative

Balance Sheet

85Very Positive

Cash Flow

55Neutral

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	9.70B	12.29B	14.43B	12.83B	8.08B	3.63B
Gross Profit	2.60B	3.33B	4.44B	4.01B	2.96B	1.54B
EBITDA	239.06M	779.74M	1.81B	1.53B	1.03B	195.90M
Net Income	-325.79M	103.58M	1.04B	864.96M	603.02M	-98.40M
Balance Sheet
Total Assets	0	14.65B	13.43B	11.69B	9.12B	6.99B
Cash, Cash Equivalents and Short-Term Investments	172.62M	172.62M	199.88M	127.75M	126.37M	88.54M
Total Debt	0	2.12B	1.71B	1.97B	2.49B	2.01B
Total Liabilities	-8.19B	6.46B	5.56B	5.76B	5.36B	4.10B
Stockholders Equity	8.19B	7.79B	7.48B	5.62B	3.75B	2.90B
Cash Flow
Free Cash Flow	585.20M	-1.27B	-583.60M	-85.99M	-851.37M	24.46M
Operating Cash Flow	903.70M	1.89B	422.24M	975.16M	142.75M	92.51M
Investing Cash Flow	-1.42B	-3.00B	-1.01B	-1.13B	-1.08B	-60.24M
Financing Cash Flow	504.32M	1.09B	652.48M	160.51M	973.07M	-82.06M

Som Distilleries & Breweries Ltd. Technical Analysis

Technical Analysis SentimentPositive

Last Price72.19

Price Trends

50DMA72.06Positive

100DMA72.02Positive

200DMA78.07Negative

Market Momentum

MACD-0.20Positive

RSI50.38Neutral

STOCH57.97Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SDBL, the sentiment is Positive. The current price of 72.19 is above the 20-day moving average (MA) of 72.13, above the 50-day MA of 72.06, and below the 200-day MA of 78.07, indicating a neutral trend. The MACD of -0.20 indicates Positive momentum. The RSI at 50.38 is Neutral, neither overbought nor oversold. The STOCH value of 57.97 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:SDBL.

Som Distilleries & Breweries Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:SDBL against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:UNITDSPR	76Outperform	INR 969.56B	57.80	―	1.26%	0.49%	2.81%
IN:RADICO	69Neutral	INR 549.36B	68.94	―	0.22%	15.74%	73.87%
IN:ABDL	66Neutral	INR 195.00B	86.80	―	0.76%	-20.08%	-11.20%
IN:SDBL	57Neutral	INR 14.23B	-45.83	―	―	-33.51%	-130.05%
IN:UBL	56Neutral	INR 311.52B	64.34	―	0.85%	7.43%	32.23%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:GLOBAL	54Neutral	INR 7.32B	28.46	―	0.69%	26.66%	3.17%

* General Sector Average

Performance Comparison

IN:SDBL and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:SDBL	Som Distilleries & Breweries Ltd.	72.13	-58.12	-44.62%
IN:ABDL	Allied Blenders and Distillers Limited	708.70	41.64	6.24%
IN:GLOBAL	Global Education Ltd.	145.70	75.52	107.61%
IN:RADICO	Radico Khaitan Limited	4087.70	895.73	28.06%
IN:UBL	United Breweries Limited	1178.90	-620.24	-34.47%
IN:UNITDSPR	United Spirits Limited	1345.00	-88.43	-6.17%

Som Distilleries & Breweries Ltd. Corporate Events

Som Distilleries Confirms SEBI-Compliant Demat Processing for Q2 FY2026-27

Oct 13, 2026

Som Distilleries & Breweries Ltd. operates in the alcoholic beverages industry, producing and marketing beer, spirits and related products for the Indian market. The company is listed on both BSE and NSE, with its shares held in dematerialised fo...

Som Distilleries Files SEBI Demat Compliance Certificate for August 2026

Sep 9, 2026

Som Distilleries & Breweries Ltd. has submitted a compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for August 2026, issued by its registrar and share transfer agent, Mas Services Ltd. The...

Som Distilleries to Hold 33rd AGM via Virtual Platform

Sep 6, 2026

Som Distilleries & Breweries Ltd. has announced that its 33rd Annual General Meeting will be conducted via video conference and other audio-visual means, underscoring the company’s continued use of virtual platforms for shareholder engageme...

Som Distilleries Sets AGM, Plans Rs 25-Crore Preferential Issue to Promoter

Sep 6, 2026

Som Distilleries & Breweries Ltd. has scheduled its 33rd Annual General Meeting for 29 September 2026, to be held via video conferencing, where shareholders will consider and adopt the audited standalone and consolidated financial statements for...

Som Distilleries Posts Q1 FY 2026-27 Earnings Call Recording Online

Aug 13, 2026

Som Distilleries & Breweries Ltd. has notified stock exchanges that the audio recording of its Q1 FY 2026-27 earnings conference call, covering unaudited standalone and consolidated financial results, has been uploaded to the company’s webs...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Sep 29, 2026

Som Distilleries & Breweries Ltd. AI Stock Analysis