Price
Financials
Standalone, Rs crore| Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 186.61 | 145.57 | 187.31 | 84.69 | 93.92 | 18.66 | 24.03 | 2.39 | 1.98 | 1.13 | 0.85 | 0.79 |
| Expenses | 181.72 | 139.74 | 185.21 | 88.16 | 96.69 | 28.07 | 61.52 | 2.29 | 2.23 | 2.39 | 3.54 | 1.63 |
| Operating Profit | 4.89 | 5.83 | 2.10 | -3.47 | -2.77 | -9.41 | -37.49 | 0.10 | -0.25 | -1.26 | -2.69 | -0.84 |
| OPM % | 2.62% | 4.00% | 1.12% | -4.10% | -2.95% | -50.43% | -156.01% | 4.18% | -12.63% | -111.50% | -316.47% | -106.33% |
| Other Income | -20.47 | 0.28 | 0.14 | 0.18 | -0.03 | 6.78 | 4.60 | 0.00 | 0.00 | 0.90 | 3.92 | 0.01 |
| Interest | 9.37 | 8.12 | 9.41 | 10.22 | 12.03 | 11.29 | 13.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 2.36 | 3.14 | -1.54 | 0.80 | 4.97 | 1.77 | 1.77 | 1.84 | 1.79 | 1.68 | 1.68 | 1.68 |
| Profit before tax | -27.31 | -5.15 | -5.63 | -14.31 | -19.80 | -15.69 | -47.67 | -1.74 | -2.04 | -2.04 | -0.45 | -2.51 |
| Tax % | -75.76% | 0.00% | 1.24% | -7.06% | 165.45% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Net Profit | -6.62 | -5.15 | -5.69 | -13.30 | -52.55 | -15.68 | -47.67 | -1.74 | -2.04 | -2.04 | -0.45 | -2.51 |
| EPS in Rs | -3.28 | -2.55 | -2.82 | -6.59 | -26.05 | -7.77 | -23.63 | -0.86 | -1.01 | -1.01 | -0.22 | -1.24 |
| Jun 2008 9m | Mar 2009 9m | Mar 2010 | Mar 2011 | Sep 2012 18m | Sep 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 158.81 | 193.81 | 266.03 | 287.28 | 464.86 | 270.05 | 502.95 | 320.93 | 241.63 | 229.14 | 33.76 | 4.75 |
| Expenses | 142.24 | 173.67 | 226.07 | 252.63 | 397.54 | 236.62 | 461.38 | 281.39 | 262.56 | 227.26 | 86.29 | 9.79 |
| Operating Profit | 16.57 | 20.14 | 39.96 | 34.65 | 67.32 | 33.43 | 41.57 | 39.54 | -20.93 | 1.88 | -52.53 | -5.04 |
| OPM % | 10.43% | 10.39% | 15.02% | 12.06% | 14.48% | 12.38% | 8.27% | 12.32% | -8.66% | 0.82% | -155.60% | -106.11% |
| Other Income | 6.29 | 6.12 | 2.82 | 14.85 | 8.92 | 5.59 | 2.99 | 1.86 | 38.00 | 0.57 | 13.62 | 4.83 |
| Interest | 4.64 | 7.06 | 10.47 | 15.27 | 26.59 | 23.60 | 35.11 | 25.04 | 30.36 | 39.96 | 20.94 | 0.00 |
| Depreciation | 2.06 | 4.59 | 6.09 | 6.26 | 10.25 | 9.68 | 11.78 | 12.98 | 2.75 | 7.37 | 7.17 | 6.83 |
| Profit before tax | 16.16 | 14.61 | 26.22 | 27.97 | 39.40 | 5.74 | -2.33 | 3.38 | -16.04 | -44.88 | -67.02 | -7.04 |
| Tax % | 30.01% | 30.73% | 34.82% | 24.20% | 42.13% | -93.21% | 18.03% | 48.82% | 221.07% | 70.90% | 0.00% | |
| Net Profit | 11.31 | 10.12 | 17.09 | 21.20 | 22.80 | 11.09 | -2.75 | 1.72 | -51.51 | -76.70 | -67.02 | -7.04 |
| EPS in Rs | 5.95 | 5.32 | 8.99 | 11.15 | 11.99 | 5.83 | -1.45 | 0.90 | -25.53 | -38.02 | -33.22 | -3.48 |
| Dividend Payout % | 84.04% | 93.92% | 66.74% | 44.83% | 8.34% | 17.14% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | -16% | -34% | -53% | -97% | ||
| Compounded Profit Growth | % | % | % | 93% | ||
| Stock Price CAGR | -24% | % | % | % | ||
| Return on Equity | % | -15% | -26% | -36% |
| Sep 2007 | Jun 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Sep 2012 | Sep 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 14.20 | 19.01 | 19.01 | 19.01 | 19.01 | 19.01 | 19.01 | 19.01 | 19.01 | 20.18 | 20.18 | 20.18 |
| Reserves | 59.80 | 234.13 | 233.13 | 236.87 | 246.87 | 267.26 | 275.94 | 284.17 | 285.69 | 295.60 | 218.71 | 151.48 |
| Borrowings | 77.58 | 46.95 | 64.96 | 87.76 | 145.74 | 148.20 | 135.66 | 131.07 | 113.24 | 165.49 | 153.79 | 154.92 |
| Other Liabilities | 39.26 | 54.35 | 62.16 | 62.65 | 85.78 | 130.13 | 156.82 | 233.49 | 244.27 | 230.41 | 320.04 | 315.18 |
| Total Liabilities | 190.84 | 354.44 | 379.26 | 406.29 | 497.40 | 564.60 | 587.43 | 667.74 | 662.21 | 711.68 | 712.72 | 641.76 |
| Fixed Assets | 41.31 | 85.09 | 88.77 | 88.10 | 95.30 | 104.13 | 184.92 | 192.40 | 178.57 | 314.04 | 307.80 | 300.63 |
| CWIP | 36.23 | 4.42 | 8.90 | 13.10 | 53.34 | 83.65 | 3.82 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 8.07 | 45.13 | 103.71 | 185.02 | 67.05 | 228.89 | 279.97 | 279.97 | 279.97 | 184.65 | 184.65 | 184.61 |
| Other Assets | 105.23 | 219.80 | 177.88 | 120.07 | 281.71 | 147.93 | 118.72 | 195.37 | 203.67 | 212.99 | 220.27 | 156.52 |
| Total Assets | 190.84 | 354.44 | 379.26 | 406.29 | 497.40 | 564.60 | 587.43 | 667.74 | 662.21 | 711.68 | 712.72 | 641.76 |
| Sep 2007 | Jun 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Sep 2012 | Sep 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -3.96 | -80.53 | 89.80 | 86.21 | 47.92 | 93.98 | 100.04 | 29.43 | 46.54 | -53.03 | 44.55 | -1.06 |
| Cash from Investing Activity | -27.67 | -51.09 | -90.37 | -90.92 | -74.47 | -62.77 | -61.88 | -4.00 | -0.05 | 26.97 | -1.27 | -0.20 |
| Cash from Financing Activity | 30.56 | 137.37 | 0.41 | -0.67 | 29.86 | -34.00 | -39.38 | -24.61 | -44.62 | 23.02 | -42.96 | 1.44 |
| Net Cash Flow | -1.07 | 5.75 | -0.16 | -5.38 | 3.31 | -2.79 | -1.22 | 0.82 | 1.88 | -3.04 | 0.33 | 0.19 |
| Free Cash Flow | -31.79 | -94.56 | 58.01 | 76.60 | -3.65 | 52.70 | 89.21 | 24.97 | 46.39 | -53.83 | 43.22 | -1.06 |
| CFO/OP | 23% | -453% | 454% | 238% | 159% | 166% | 281% | 74% | 122% | 253% | 2,370% | 2% |
| Sep 2007 | Jun 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Sep 2012 | Sep 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 37.86 | 41.07 | 42.47 | 29.58 | 38.29 | 42.20 | 61.35 | 38.72 | 75.39 | 93.35 | 123.94 | 664.70 |
| Inventory Days | 64.67 | 64.50 | 63.62 | 41.02 | 53.68 | 32.02 | 76.38 | 50.41 | 119.51 | 167.42 | 124.53 | 101.23 |
| Days Payable | 22.56 | 39.46 | 18.67 | 22.51 | 11.53 | 41.67 | 80.10 | 71.03 | 167.56 | 173.59 | 135.64 | 365.55 |
| Cash Conversion Cycle | 79.96 | 66.12 | 87.42 | 48.10 | 80.44 | 32.55 | 57.64 | 18.10 | 27.35 | 87.18 | 112.84 | 400.37 |
| Working Capital Days | 150.81 | 383.00 | 225.86 | 92.36 | 95.29 | 25.35 | -5.04 | 10.60 | -4.52 | 34.76 | -45.25 | -924.61 |
| ROCE % | 22.54% | 10.10% | 9.25% | 11.11% | 9.91% | 15.60% | 6.78% | 7.58% | 6.67% | 1.42% | -0.98% | -14.51% |
| Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 61.41% | 57.86% | 57.86% | 57.86% | 56.51% | 54.15% | 54.07% | 47.79% | 47.79% | 47.79% | 47.79% | 47.79% |
| FIIs | 0.00% | 4.66% | 4.66% | 4.66% | 4.66% | 4.66% | 4.66% | 4.66% | 4.66% | 4.66% | 4.66% | 4.66% |
| DIIs | 0.20% | 0.19% | 0.08% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.13% |
| Public | 38.40% | 37.30% | 37.40% | 37.42% | 38.76% | 41.12% | 41.20% | 47.48% | 47.48% | 47.48% | 47.48% | 47.42% |
| No. of Shareholders | 27,680 | 26,984 | 26,560 | 25,205 | 24,893 | 24,929 | 24,742 | 24,742 | 24,897 | 24,657 | 24,486 | 24,260 |
Fundamentals
Market Cap₹ 9.28 Cr.
Current Price₹ 4.60
Book Value₹ 82.6
ROCE-14.5 %
ROE-35.6 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-97%
Compounded Profit Growth (TTM)93%
Standalone figures.
Valuation
P/B, 3-year average0.22x
P/E, 5-year average62.33x
P/B, 5-year average0.23x
Profitability
Operating margin (excl. other income)-155.60%
Operating margin (incl. other income)-115.25%
EBITDA margin436.42%
Pre-tax margin-148.21%
Net profit margin-148.21%
Net margin, latest quarter-317.72%
ROE-32.65%
ROCE-12.81%
ROA-9.90%
ROE, 3-year average-25.64%
ROCE, 3-year average-3.58%
ROA, 3-year average-9.39%
ROE, 5-year average-15.45%
ROCE, 5-year average0.70%
ROA, 5-year average-5.67%
ROIC (approx.)4.28%
Other income / net worth7.93%
Growth
Sales growth (latest year)-85.27%
Sales CAGR, 3 years-52.79%
Sales CAGR, 5 years-34.02%
Sales growth QoQ-7.06%
Sales growth YoY (latest quarter)-66.95%
Per share
EPS (TTM)Rs -3.49
EPS (latest year)Rs -33.22
EPS (latest quarter)Rs -1.24
EPS, 3-year averageRs -32.25
EPS, 5-year averageRs -19.46
Book value per shareRs 85.08
Sales per shareRs 2.35
Cash flow per shareRs -0.53
Free cash flow per shareRs -0.53
Efficiency
Asset turnover0.05x
Fixed asset turnover0.11x
Inventory turnover3.84x
Inventory days95 days
Debtor days665 days
Debtors turnover0.55x
Creditor days366 days
Cash conversion cycle400 days
Working capital days-925 days
Leverage
Total debtRs 155 Cr
Cash and bankRs 2 Cr
Net debtRs 153 Cr
Debt to equity0.90x
Net debt / EBITDA7.38x
Interest coverage0.66x
Owners' fund to total sources26.75%
Debt to assets24.14%
Cash flow
Cash from Operating Activity (latest year)Rs -1 Cr
Cash from Investing Activity (latest year)Rs -0 Cr
Cash from Financing Activity (latest year)Rs 1 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs -1 Cr
FCFE (approx.: FCF + change in debt)Rs 0 Cr
Statement figures
Net sales (TTM)Rs 5 Cr
Net sales (latest year)Rs 34 Cr
Sales (latest quarter)Rs 1 Cr
Operating profit excl. other income (latest year)Rs -53 Cr
Operating profit (latest quarter)Rs -1 Cr
Other income (TTM)Rs 14 Cr
EBITDA (TTM)Rs 21 Cr
PBDT (TTM)Rs -0 Cr
Profit before tax (TTM)Rs -7 Cr
Net profit (TTM)Rs -7 Cr
Net profit (latest year)Rs -67 Cr
Net profit (latest quarter)Rs -3 Cr
Depreciation (TTM)Rs 7 Cr
Depreciation (latest quarter)Rs 2 Cr
Interest (TTM)Rs 21 Cr
Cost of goods sold (latest year)Rs 63 Cr
Total expenditure (latest year)Rs 86 Cr
Total income (latest year)Rs 47 Cr
Share capitalRs 20 Cr
ReservesRs 151 Cr
Shareholders' fundsRs 172 Cr
Total assetsRs 642 Cr
Net blockRs 301 Cr
InvestmentsRs 185 Cr
ReceivablesRs 61 Cr
InventoryRs 16 Cr
Other liabilitiesRs 315 Cr
Shares outstanding (crore)2.02
Ownership
Promoter holding47.79% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 0.05 is at the 7th percentile (median 0.15).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
Not enough price history.
Red flags
F-score 3 of 8| explain | Receivables outrunning sales Receivables grew -21% vs sales -85% in 2019 |
| look | Repeated losses Net loss in each of the last two years |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Dec 2019Sales ₹1 Cr -66.9% vs Dec 2018.
Net loss ₹3 Cr.
Activity
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|---|---|---|---|
| United Spirits Ltd | 99,138 | 53.5 | 26.4 % |
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| Globus Spirits Ltd | 2,532 | 25.2 | 11.2 % |
| G M Breweries Ltd | 2,197 | 13.0 | 18.0 % |
| India Glycols Ltd | 2,043 | 6.44 | 12.4 % |
| Som Distilleries & Breweries Ltd | 1,645 | 5.67 % | |
| Associated Alcohols & Breweries Ltd | 1,271 | 15.4 | 18.0 % |
| Sula Vineyards Ltd | 1,112 | 42.9 | 7.55 % |
| Asgard Alcobev Ltd | 1,073 | 422 | 7.38 % |
| BCL Industries Ltd | 958 | 8.22 | 13.9 % |
| IFB Agro Industries Ltd | 844 | 13.1 | 13.3 % |
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Empee Distilleries Ltd?
Empee Distilleries Ltd (532920) has a market capitalisation of Rs 9.28 Cr. at the close.
What were Empee Distilleries Ltd's latest quarterly results?
In the Dec 2019 quarter, Empee Distilleries Ltd sales was Rs 1 Cr (-66.9% vs Dec 2018) with a net loss of Rs 3 Cr.