SDBL NSE filing

Som Distilleries Q4FY26 Results: Net Loss Widens to ₹5.7 Crore, Revenue Declines 46%

The RealCase readHigh impact Negative

Som Distilleries reported a Q4 FY26 net loss of ₹5.7 crore, a 339% YoY decline, with total income down 46% to ₹182 crore. Full-year FY26 net profit fell 90% to ₹10.2 crore on revenue of ₹1,233.3 crore. The company cited operational disruptions and market weakness. A Rs. 600 crore greenfield project in UP is progressing.

Why it matters

The sharp decline in profitability and revenue, coupled with operational challenges and increased debt, has a significant negative impact on the company's financial standing and investor sentiment.

The market read

The company reported a significant widening of net loss and a substantial decline in total income and profits for both the quarter and the full fiscal year, indicating a negative financial performance.

Som Distilleries & Breweries Limited has announced its audited financial results for the quarter and year ended March 31, 2026. The company reported a net loss of ₹5.7 crore (₹57 million) for the fourth quarter of FY2026, a significant increase from the profit of ₹23.7 crore (₹237 million) in the same quarter of the previous fiscal year. This represents a year-on-year decline of 339.33% in net profit.

Total income for the quarter also saw a substantial decrease of 46.4%, falling to ₹182 crore (₹1,820 million) compared to ₹340 crore (₹3,400 million) in Q4 FY2025. Gross profit declined by 73.66% to ₹32.1 crore (₹321 million), and EBITDA turned negative at ₹42.9 crore (₹429 million) from a positive ₹42.8 crore (₹428 million) in the prior year's comparable period. The company cited temporary license-related disruptions at its Bhopal facility and continued weakness in market demand across Karnataka as primary reasons for the adverse impact on sales volumes and overall performance during the quarter.

For the full fiscal year 2026, the company reported a net profit of ₹10.2 crore (₹102 million), a steep drop of 90.20% from ₹104.5 crore (₹1,045 million) in FY2025. Total income for FY2026 was ₹1,233.3 crore (₹12,333 million), down 14.79% from ₹1,447.4 crore (₹14,474 million) in FY2025. EBITDA for the full year also decreased by 50.35% to ₹89.7 crore (₹897 million) from ₹180.7 crore (₹1,807 million) in the previous fiscal year.

Despite these challenges, the company is progressing with its new brewery project in Uttar Pradesh, with trial production runs underway. Commercial operations are expected to commence upon successful completion of the trial phase. Management anticipates cost pressures to affect margins in the current year due to the global crisis. The company also noted an increase in its gross debt by ₹43 crore (₹430 million) in FY2026, with the gross debt-to-equity ratio rising to 0.30x from 0.25x in FY2025. The company is also expanding its presence in UP through its wholly-owned subsidiary, 'Woodpecker Greenagri'.

The company's 'Mahavat' premium whiskey has expanded its reach to Delhi, and its 'Woodpecker Premium Beer' was named India's Leading Brand – Rising Star 2025. A Rs. 600 crore greenfield project comprising a brewery and distillery in Uttar Pradesh is also underway.

Filing to action

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Som Distilleries & Breweries Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.

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Primary source

A plain-language summary of a public exchange filing by Som Distilleries & Breweries Limited. Read the original for the full detail.

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