Is Associated Alcohols and Breweries the Best Stock in Its Sector? A Look at the Numbers
- September 23, 2026
- Posted by: Harsh Piplani
- Category: Market
Associated Alcohols and Breweries CMP Rs 652 (23 Sep 2026). Market cap Rs 1,311 Cr. ROE 12.73%. P/E 15.86x versus Industry P/E 55.57x.
Quick Answer
Associated Alcohols and Breweries is one of the names investors compare when screening the Alcohol sector, built on a 12.73% return on equity and a P/E of 15.86x against an Industry P/E of 55.57x. Whether Associated Alcohols and Breweries is the best stock in its sector depends on whether an investor is optimising for return ratios, valuation, or both. This article breaks down the metrics, including a comparison against named Alcohol sector peers, so you can judge that for yourself.
Is Associated Alcohols and Breweries the best stock in its sector? The stock trades on the NSE at Rs 652 as of 23 September 2026, within its 52-week range of Rs 644.55 to Rs 1,277.00. Associated Alcohols and Breweries Ltd manufactures Indian-made foreign liquor and bulk alcohol for other spirits companies.
Associated Alcohols and Breweries sits in the Alcohol sector, and its 12.73% ROE and 15.86x P/E give a starting point for judging where it stands against comparable listed names. The rest of this article compares those numbers against verified peers and the sector’s Industry P/E benchmark.
Also read – Is Abbott India the Best Stock in Its Sector? A Look at the Numbers
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About Associated Alcohols and Breweries
Associated Alcohols and Breweries Ltd manufactures Indian-made foreign liquor and bulk alcohol for other spirits companies. It manufactures Indian-made foreign liquor and bulk alcohol for other spirits companies, and the stock is currently trading close to its 52-week low. At a market capitalisation of Rs 1,311 Cr, it is tracked as part of the Alcohol sector on Univest.
Is Associated Alcohols and Breweries the Best Stock in Its Sector?
Associated Alcohols and Breweries makes its case as the best stock in its sector primarily on valuation relative to its Industry P/E, combining a 12.73% ROE with a 15.86x P/E against the sector’s 55.57x Industry P/E. Associated Alcohols and Breweries’ 15.86x P/E is far below the 55.57x Industry P/E and below Allied Blenders and Distillers in this comparison, despite a 12.73% ROE, though the stock is currently trading close to its 52-week low.
| Metric | Associated Alcohols and Breweries |
|---|---|
| CMP (NSE) | Rs 651.80 |
| 52-Week High / Low | Rs 1,277.00 / Rs 644.55 |
| Market Cap | Rs 1,311 Cr |
| P/E (TTM) vs Industry P/E | 15.86x vs 55.57x |
| P/B | 1.89 |
| ROE | 12.73% |
| EPS (TTM) | Rs 41.16 |
| Dividend Yield | 0.31% |
| Debt to Equity | 0.10 |
Compare Associated Alcohols and Breweries Against Other Alcohol Sector Stocks
How Associated Alcohols and Breweries Compares Against Its Alcohol Sector Peers
The table below sets Associated Alcohols and Breweries against 3 other Alcohol sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 3 peer companies.
| Company | Market Cap (Rs Cr) | P/E | ROE | Debt to Equity |
|---|---|---|---|---|
| Associated Alcohols and Breweries | 1,311 | 15.86 | 12.73% | 0.10 |
| Allied Blenders and Distillers | 18,259 | 87.04 | 13.73% | 0.69 |
| United Spirits | 1,00,953 | 53.59 | 20.53% | 0.05 |
| Radico Khaitan | 58,871 | 83.68 | 18.23% | 0.15 |
| Peer average (3 companies) | – | 74.77 | 17.50% | 0.30 |
Against this peer set, Associated Alcohols and Breweries’s 12.73% ROE is below the 17.50% peer average, and its P/E of 15.86x runs below the peer average of 74.77x. Associated Alcohols and Breweries’ 15.86x P/E is far below the 55.57x Industry P/E and below Allied Blenders and Distillers in this comparison, despite a 12.73% ROE, though the stock is currently trading close to its 52-week low.
What Makes Associated Alcohols and Breweries Worth Watching in Alcohol
- Well below Industry P/E: A 15.86x P/E against a 55.57x Industry P/E is one of the widest discounts among the Alcohol sector names in this series.
- Solid ROE, low leverage: A 12.73% ROE with a debt to equity ratio of 0.10 reflects an efficient, well-capitalised spirits manufacturing business.
- Contract manufacturing for other spirits brands: Producing bulk alcohol for other spirits companies alongside its own brands gives Associated Alcohols and Breweries a diversified revenue base.
Associated Alcohols and Breweries Valuation: Is It Justified?
Associated Alcohols and Breweries’ 15.86x P/E is far below the 55.57x Industry P/E and below Allied Blenders and Distillers in this comparison, despite a 12.73% ROE, though the stock is currently trading close to its 52-week low. As with any single stock, investors should weigh this against their own valuation discipline and risk appetite rather than the sector label alone.
Also read – Is Anthem Biosciences the Best Stock in Its Sector? A Look at the Numbers
Download the Univest iOS App or Univest Android App to track Associated Alcohols and Breweries and other Alcohol sector stocks.
How to Track Associated Alcohols and Breweries Before You Invest
Before deciding whether Associated Alcohols and Breweries deserves its label as the best stock in its sector for your own portfolio, compare it directly against Alcohol sector peers using the steps below.
- Open the Univest Screener and search for Associated Alcohols and Breweries to view live price, valuation ratios, and peer comparisons within the Alcohol sector.
- Compare its P/E, P/B, and ROE against other Alcohol sector stocks before deciding if the current valuation fits your strategy.
- Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
- Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.
Conclusion
Associated Alcohols and Breweries earns a place in the best stock in its sector conversation on the strength of a 12.73% ROE and a P/E of 15.86x against a 55.57x Industry P/E, with named peer comparisons in this article backing up that picture. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Is Associated Alcohols and Breweries the best stock in its sector?
Ans. Associated Alcohols and Breweries has a 12.73% ROE and trades at 15.86x P/E against a 55.57x Industry P/E, and compares below the peer average ROE of 17.50% in this article’s named comparison, so the answer depends on what an investor is prioritising.
What is the current share price of Associated Alcohols and Breweries?
Ans. Associated Alcohols and Breweries was trading at Rs 651.80 on the NSE as of 23 September 2026, within its 52-week range of Rs 644.55 to Rs 1,277.00.
What sector does Associated Alcohols and Breweries belong to?
Ans. Associated Alcohols and Breweries is classified under the Alcohol sector on Univest.
How does Associated Alcohols and Breweries compare to its sector peers on P/E?
Ans. Associated Alcohols and Breweries’s P/E of 15.86x is below the 74.77x average of the 3 named peers compared in this article.
What is Associated Alcohols and Breweries’s return on equity?
Ans. Associated Alcohols and Breweries reported a return on equity of 12.73%, which is below the 17.50% average of its named peers in this comparison.
Should I invest in Associated Alcohols and Breweries based on its sector position?
Ans. Associated Alcohols and Breweries’s sector position and metrics make it worth researching further, but any investment decision should factor in your own risk appetite, its valuation relative to peers, and independent research or advice from a SEBI-registered advisor.
