
GM Breweries Q2 FY27 Results Preview: Date, Trends and Valuation
GM Breweries trades near Rs 939, off a 52-week high of Rs 1,328.8. Q1 FY27 revenue was Rs 200 Cr with 23.00% operating margin and Rs 38 Cr net profit.
Updated: 17 Sept 2026 • 5:19 pm
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Track the latest GM Breweries Ltd. share price on Univest alongside these quarterly numbers.
Country liquor manufacturer GM Breweries Ltd. will next be in focus around the GM Breweries Q2 results for the quarter ending 30 September 2026. The company has run a consistently high operating margin business over the last year, and the upcoming numbers will be read in that context.
When Are the GM Breweries Q2 results Expected?
GM Breweries has not yet officially announced a date for the GM Breweries Q2 results. Based on its recent filing pattern, the company has typically reported quarterly results in late October or the first two weeks of November, and investors should track exchange filings for the confirmed board meeting date.
What to Expect From the GM Breweries Q2 results
The GM Breweries Q2 results should be viewed against a business that has kept operating margin above 23% in four of the last five quarters, with the exception of a comparatively lower 19% in Jun25. Revenue has been fairly stable in the Rs 163 crore to Rs 202 crore range over the period, so whether volumes can push past the recent Rs 200 crore level is one thing to watch. Net profit peaked at Rs 54 crore in Mar26 before easing to Rs 38 crore in Jun26, and whether profitability stabilises closer to that peak or the more recent level will be a key point of interest in the GM Breweries Q2 results.
GM Breweries Q1 FY27 Performance: The Base Going Into the GM Breweries Q2 results
In the quarter ended June 2026, the first quarter of FY27, GM Breweries Ltd. reported revenue of Rs 200 crore, operating profit of Rs 46 crore at a 23.00% margin, and net profit of Rs 38 crore. This is the immediate base against which the GM Breweries Q2 results will be measured sequentially.
Q2 FY26 Base Quarter for Year on Year Comparison
For year over year context ahead of the GM Breweries Q2 results, the quarter ended September 2025 saw GM Breweries post revenue of Rs 181 crore, operating profit of Rs 45 crore at a 25.00% margin, and net profit of Rs 35 crore. This Q2 FY26 print, with a slightly higher margin than Jun26, is the historical base the GM Breweries Q2 results will be compared against on a year on year basis.
Recent Quarterly Trend Heading Into the GM Breweries Q2 results
Revenue has moved from Rs 163 crore in Jun25 to Rs 181 crore in Sep25, Rs 202 crore in Dec25, Rs 202 crore in Mar26, and Rs 200 crore in Jun26, showing a broadly stable level after an initial rise. Operating margin improved from 19.00% in Jun25 to a peak of 26.24% in Dec25 before easing to 23.00% in Jun26, while net profit rose from Rs 26 crore to a high of Rs 54 crore in Mar26 before settling at Rs 38 crore. This pattern of stable revenue with a high but slightly moderating margin is the backdrop for the GM Breweries Q2 results.
Key Factors to Watch Ahead of the GM Breweries Q2 results
Country liquor pricing and state excise policy in Maharashtra, the core market for the company, remain the most direct influence on both revenue and margin in the GM Breweries Q2 results. Raw material costs, particularly for extra neutral alcohol, will also shape whether the operating margin can hold closer to the 25% to 26% levels seen mid last year rather than the more recent 23%. Any regulatory changes affecting country liquor distribution during the quarter would also be relevant.
Valuation Snapshot Ahead of the GM Breweries Q2 results (Current Market Data)
As of the current session, GM Breweries shares trade around Rs 939, above the 50-day moving average of Rs 904.31 but below the 200-day average of Rs 969.83, and off a 52-week high of Rs 1,328.8. The stock trades at a price to earnings multiple of about 12.74, a price to book ratio of 1.99, a return on equity of 12.5%, carries no debt on its books, and offers a dividend yield of 0.97%. These are present-day figures, not a forecast for after the GM Breweries Q2 results.
What to Watch in the Upcoming GM Breweries Q2 results
Investors will watch whether operating margin holds in the 23% to 26% range and whether revenue can move back above the Rs 200 crore mark when the GM Breweries Q2 results are announced. The zero-debt balance sheet of the stock also makes profitability trends, rather than financing costs, the main variable to track.
Conclusion
The GM Breweries Q2 results arrive with the company maintaining one of the higher operating margins in its peer set, even as that margin has eased slightly from its Dec25 peak. Revenue has stayed broadly stable, and the next print should clarify whether margin settles near current levels or recovers further.
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Also read – Cello World Q2 Results FY27 Preview
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Disclaimer: Univest Securities Private Limited is a SEBI-registered Research Analyst (Registration No. INH000013776). The figures and trends discussed in this article are based on publicly available historical financial data and current market data, and are presented for educational purposes only. Nothing in this article constitutes investment advice, a recommendation, or an offer to buy or sell any security. Investors should independently verify all data and consult a SEBI-registered advisor before making any investment decision. Investments in securities are subject to market risk.
Frequently Asked Questions on the GM Breweries Q2 results
When will the GM Breweries Q2 results be announced?
GM Breweries has not yet announced an official date for the GM Breweries Q2 results. Based on past patterns, the company typically reports in late October or the first two weeks of November.
What was GM Breweries's operating margin in the June 2026 quarter?
In the quarter ended June 2026, GM Breweries reported an operating margin of 23.00% on revenue of Rs 200 crore, with a net profit of Rs 38 crore, forming the base for the GM Breweries Q2 results.
How has GM Breweries's net profit trended recently?
Net profit rose from Rs 26 crore in Jun25 to a peak of Rs 54 crore in Mar26 before easing to Rs 38 crore in Jun26, a trend relevant to expectations for the GM Breweries Q2 results.
What is GM Breweries's current valuation?
As of the latest session, GM Breweries trades at a price to earnings ratio of about 12.74 and a price to book ratio of 1.99, with a return on equity of 12.5%, ahead of the GM Breweries Q2 results.
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