Multibagger brewery stock Asgard Alcobev shares will be in focus on Monday, November 16, after the brewery company announced a sharp improvement in its September-quarter performance, with revenue more than doubling and net profit rising over 14 times year-on-year.
The stock, which has delivered a multibagger 325% return over four years, also has a 1:10 stock split in its corporate-action history. Its latest results reflect the company's transition towards a brewing-led business following its acquisition of a controlling stake in CMJ Breweries in February 2026.
Asgard Alcobev reported consolidated revenue from operations of ₹48.93 crore in Q2 FY27, up 102.84% from ₹24.12 crore in the corresponding quarter last year. Consolidated profit after tax (PAT) increased to ₹2.55 crore from ₹16.95 lakh, marking growth of 1,402.3%.
EBITDA rose to ₹7.33 crore from ₹88.97 lakh a year earlier. Sequentially, EBITDA increased 42.31%, while its margin expanded to 14.98% from 9.71% in Q1 FY27, an improvement of 527 basis points. PAT grew 50.48% quarter-on-quarter.
Operationally, production increased 18.6% sequentially to 13.82 lakh cases, while dispatches rose 14% to 13.58 lakh cases. Capacity utilisation improved to 78.6% from 63.1%. Can production climbed 67.7% to 4.99 lakh cases, accounting for 36.1% of total production.