Som Distilleries & Breweries reported a consolidated net loss of ₹55.48 crore in the quarter ended March 2026, marking a significant reversal from the net profit of ₹22.73 crore recorded in the corresponding quarter of the previous year. According to reports from Business Standard, the company's sales declined 46.66% to ₹180.81 crore in Q4 FY26 compared to ₹338.97 crore in Q4 FY25. The company's operating profit margin (OPM) turned negative at -24.42% in the current quarter, a sharp decline from the positive 12.32% recorded in the same quarter last year.
For the full financial year 2026, Som Distilleries & Breweries net profit declined 90.22% to ₹9.38 crore compared to ₹95.95 crore in the previous year ended March 2025. As reported by Business Standard, the company's annual sales decreased 14.80% to ₹1,229.32 crore in FY26 from ₹1,442.90 crore in FY25. The company's PBDT (Profit Before Depreciation and Tax) turned negative at ₹50.45 crore in FY26, a significant deterioration from the positive ₹39.38 crore recorded in the previous year.
The company's PBT (Profit Before Tax) was negative at ₹58.73 crore in Q4 FY26, compared to a positive ₹32.47 crore in Q4 FY25. According to the financial data reported by Business Standard, the PBT for the full year 2026 was negative at ₹34.51 crore versus a positive ₹143.68 crore in the previous year. The company's PBDT for FY26 was negative at ₹67.86 crore compared to a positive ₹169.65 crore in FY25, indicating substantial operational challenges across both quarterly and annual periods.
The company faced significant volume challenges during FY26, with beer volumes dropping over 20% to 187.19 lakh cases compared to the previous year. However, IMFL volumes showed strong growth of 32% to 15.03 lakh cases, indicating a shift in consumer preferences toward premium products. Beer realization improved to ₹556 per case in FY26 from ₹534 in FY25, while IMFL realization was ₹963 per case compared to ₹991 in FY25. The company noted that costs of key raw materials and packaging materials increased during the quarter and are expected to further increase in coming quarters.
The statutory auditor AKB Jain & Co issued an unmodified opinion on the financial results, with an emphasis of matter regarding the Bhopal plant licence renewal process currently underway pursuant to an order of the Madhya Pradesh High Court. Management stated it does not anticipate any material adverse impact on the company's long-term operations, and the results have been prepared on a going concern basis. The Board approved the resignation of Mr. Mayank Agarwal as Internal Auditor effective May 30, 2026, and appointed CA. Shubham Bhattacharya of S Bhattacharya & Associates as the new Internal Auditor from the same date.
