GM Breweries share price
NSE: GMBREWBSE: 507488BeveragesSmall Cap
GM Breweries Limited · Face value ₹10 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Jan 1994 on BSE, Aug 1995 on NSE
Last close ₹804.95up ₹24.05 (3.08%)BSE ₹804.05
Share price at the NSE close on 27 Oct 2026. Previous close ₹780.90.
27 Oct: open ₹780.30, high ₹810.00, low ₹775.00
52-week range of traded prices to 27 Oct 2026
₹775.00Low, 27 Oct 2026₹1,328.80High, 6 Jan 2026
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹1,839 Cr1,112th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 10.62
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Taken from the consolidated balance sheet, the company and its subsidiaries together; the P/E is on the company's own results until four consolidated quarters are filed. Price to book: how it is worked out
- 1.62
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 1.12%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 16.3%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 17.2%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Sep 2026. Taken from the consolidated balance sheet, the company and its subsidiaries together; the P/E is on the company's own results until four consolidated quarters are filed.
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 29,58841.3% delivered
Results
Standalone, as consolidated accounts are on record for only 1 of the last ten years; ₹ crore.GM Breweries quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +23.3%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +20.9%
Quarter to Sep 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹861 Crup 7.19%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹39 Crup 4.11%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 4.6%
Revenue by quarter
Peak revenue ₹861 Cr, quarter to Sep 2026; lowest ₹638 Cr, quarter to Jun 2025
Net profit by quarter, a loss in red
| ₹ crore | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 644what Revenue, Dec 2024, includes. This period's revenue includes excise duty of ₹478 crore, a tax on the goods the company makes that it collects and pays to the government. | 663what Revenue, Mar 2025, includes. This period's revenue includes excise duty of ₹494 crore, a tax on the goods the company makes that it collects and pays to the government. | 638what Revenue, Jun 2025, includes. This period's revenue includes excise duty of ₹475 crore, a tax on the goods the company makes that it collects and pays to the government. | 718what Revenue, Sep 2025, includes. This period's revenue includes excise duty of ₹537 crore, a tax on the goods the company makes that it collects and pays to the government. | 809 | 812what Revenue, Mar 2026, includes. This period's revenue includes excise duty of ₹610 crore, a tax on the goods the company makes that it collects and pays to the government. | 803what Revenue, Jun 2026, includes. This period's revenue includes excise duty of ₹603 crore, a tax on the goods the company makes that it collects and pays to the government. | 861what Revenue, Sep 2026, includes. This period's revenue includes excise duty of ₹647 crore, a tax on the goods the company makes that it collects and pays to the government. |
| Net profit | 22 | 60 | 26 | 35 | 42 | 54 | 38 | 39 |
| Net margin | 3.4% | 9.1% | 4.1% | 4.9% | 5.2% | 6.7% | 4.7% | 4.6% |
Standalone. The last eight quarters. The latest is shaded.
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹2,977 Crup 18.89%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹157 Crup 21.54%
- Net margin
- 5.3%
Revenue by year
Net profit by year, a loss in red
The years either side of a change of basis do not compare. From the year to Mar 2018, the company's revenue for that year, ₹1,605 Cr, differs from its quarters added, ₹1,334 Cr.
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 375 | 1,605what Revenue, Mar 2018, includes. This period's revenue includes excise duty of ₹1,179 crore, a tax on the goods the company makes that it collects and pays to the government. | 1,705what Revenue, Mar 2019, includes. This period's revenue includes excise duty of ₹1,241 crore, a tax on the goods the company makes that it collects and pays to the government. | 1,681what Revenue, Mar 2020, includes. This period's revenue includes excise duty of ₹1,213 crore, a tax on the goods the company makes that it collects and pays to the government. | 1,232what Revenue, Mar 2021, includes. This period's revenue includes excise duty of ₹892 crore, a tax on the goods the company makes that it collects and pays to the government. | 1,778what Revenue, Mar 2022, includes. This period's revenue includes excise duty of ₹1,320 crore, a tax on the goods the company makes that it collects and pays to the government. | 2,326what Revenue, Mar 2023, includes. This period's revenue includes excise duty of ₹1,732 crore, a tax on the goods the company makes that it collects and pays to the government. | 2,415what Revenue, Mar 2024, includes. This period's revenue includes excise duty of ₹1,800 crore, a tax on the goods the company makes that it collects and pays to the government. | 2,504what Revenue, Mar 2025, includes. This period's revenue includes excise duty of ₹1,867 crore, a tax on the goods the company makes that it collects and pays to the government. | 2,977what Revenue, Mar 2026, includes. This period's revenue includes excise duty of ₹2,229 crore, a tax on the goods the company makes that it collects and pays to the government. |
| Net profit | 44 | 73 | 83 | 68 | 80 | 93 | 100 | 152 | 129 | 157 |
| Net margin | 11.7% | 4.5% | 4.8% | 4.0% | 6.5% | 5.3% | 4.3% | 6.3% | 5.2% | 5.3% |
Standalone. Years to March. The latest is shaded.
Business segments
In the year to Mar 2026 the company reports one business segment, MANUFACTURING OF COUNTRY LIQUOR, which carries all its revenue.
Valuation
Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2018: days before it are of the company before the change.GM Breweries PE ratio and valuation
Price to earnings
At or below today's level on 22% of 2,478 trading days over the last 10 years.
LowestHighest
Its median12.25Industry median38.68
Price to bookPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
At or below today's level on 11% of 1,991 trading days since Oct 2018.
LowestHighest
Its median1.85Industry median1.95
Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.
At or below today's level on 99.7% of 2,466 trading days over the last 10 years.
LowestHighest
Its median0.72%Industry median0.71%
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +58.5% | +21.5% | +29.7% | 0.9% |
| 3 years | +33.0% | +16.3% | +13.5% | 1.1% |
| 5 years | +25.1% | +14.4% | +8.5% | 1.0% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.
GM Breweries competitors and peers
Breweries & Distilleries, 29 listed companies, priced on 27 Oct 2026. The table lists the 8 companies closest to GM Breweries in market cap.FMCG companies
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
 Tilaknagar IndustriesTI | 12,126 | – | 4.07 | +98.9% | −113.0% | −1.9% | 7.1% | 0.20% |
 Piccadily Agro IndustriesPICCADIL | 5,511 | 39.21 | 6.12 | +29.7% | +30.5% | 17.8% | 14.7% | 0.18% |
 Globus SpiritsGLOBUSSPR | 2,294 | 22.82 | – | +6.4% | +298.5% | 9.6% | 11.3% | 0.90% |
 India GlycolsINDIAGLYCO | 2,226 | – | – | +11.4% | +29.8% | – | – | 0.46% |
 Som Distilleries & BreweriesSDBL | 1,515 | – | 1.95 | −25.0% | – | −4.1% | −0.3% | 0.00% |
 Associated Alcohols & BreweriesASALCBR | 1,089 | 13.17 | 1.57 | −5.6% | −5.4% | 13.6% | 14.4% | 0.37% |
 Sula VineyardsSULA | 1,079 | 43.56 | 1.84 | −1.7% | −56.9% | 4.2% | 7.0% | 1.57% |
 Asgard AlcobevASGARD | 898 | 385.12 | 20.32 | +68.3% | – | 7.8% | 6.2% | 0.00% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Dividends
Per share, by the year it was paid for, and the latest payments.GM Breweries dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossaryHighest ₹9.00 a share, year to Mar 2026.
| Ex-date | Type | Per share |
|---|---|---|
| 21 May 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹9.00 |
| 22 May 2025 | Final | ₹7.50 |
| 9 May 2024 | Final | ₹7.00 |
| 16 May 2023 | Final | ₹6.00 |
| 13 May 2022 | Final | ₹5.00 |
| 28 Jun 2021 | Final | ₹4.00 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.GM Breweries announcements
Oct 2026
Sep 2026
23 Sep · Board meeting
Jul 2026
13 Jul · Results
9 Jul · Board meeting
9 Jul · Results
Jun 2026
GM Breweries share price by year
Each calendar year to 2025.GM Breweries share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 1,207.50 | +48.6% | 1,264.20 | 602.40 |
| 2024 | 812.55 | +44.0% | 991.30 | 467.36 |
| 2023 | 564.40 | +12.9% | 634.28 | 413.44 |
| 2022 | 499.88 | −23.4% | 693.32 | 410.76 |
| 2021 | 652.20 | +96.4% | 706.60 | 308.72 |
| 2020 | 332.08 | −7.9% | 364.92 | 195.12 |
| 2019 | 360.40 | −41.0% | 605.56 | 274.32 |
| 2018 | 610.44 | +1.1% | 758.36 | 411.36 |
| 2017 | 604.06 | +83.7% | 618.37 | 254.05 |
| 2016 | 328.80 | −18.7% | 556.95 | 278.34 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.
Recent sessions
The 9 trading days to 26 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 26 Oct 2026 | 792.95 | 793.90 | 775.05 | 780.90 | 782.78 | 30,751 | 47.1% |
| 23 Oct 2026 | 826.10 | 831.35 | 786.00 | 790.80 | 800.21 | 44,675 | 42.1% |
| 22 Oct 2026 | 837.00 | 840.15 | 825.00 | 826.00 | 829.97 | 24,528 | 48.8% |
| 21 Oct 2026 | 857.95 | 860.00 | 834.50 | 841.65 | 843.52 | 33,497 | 49.6% |
| 19 Oct 2026 | 865.05 | 865.80 | 853.00 | 856.20 | 857.65 | 22,937 | 59.4% |
| 16 Oct 2026 | 868.70 | 879.65 | 860.35 | 867.75 | 865.47 | 24,758 | 50.7% |
| 15 Oct 2026 | 876.55 | 881.45 | 861.55 | 868.70 | 871.55 | 45,277 | 36.1% |
| 14 Oct 2026 | 869.00 | 882.70 | 868.80 | 876.55 | 875.83 | 24,486 | 54.1% |
| 13 Oct 2026 | 877.90 | 878.90 | 865.00 | 869.55 | 870.97 | 32,422 | 44.8% |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Bonus share history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 24 May 2024 | Bonus | 0.8000 | Holders received 1 bonus share for every 4 held. |
| 21 May 2018 | Bonus | 0.8000 | Holders received 1 bonus share for every 4 held. |
| 30 May 2016 | Bonus | 0.8000 | Holders received 1 bonus share for every 4 held. |
| 16 May 2014 | Bonus | 0.8000 | Holders received 1 bonus share for every 4 held. |
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.
Company details
- NSE symbol
- GMBREW
- BSE code
- 507488
- ISIN
- INE075D01018
- Industry
- Beverages
- Website
- www.gmbreweries.com
- CIN
- L15500MH1981PLC025809
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1981
- Registered office
- Ganesh Niwas, S. Veer Savarkar Marg, Prabhadevi, Mumbai 400025, Maharashtra
- Share registrar
- Purva Sharegistry (India) Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments