Asgard Alcobev Ltd

Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.

Asgard Alcobev Ltd trades at ₹34.4, in a downtrend and 55 weeks into that stage. That is −12.1% against its own 200-day average. It sits at 15% of a 52-week range of ₹30 to ₹57. On relative strength it has been ahead of the NIFTY 500 on a trailing-13-week view for 1 straight week.

Today the stock is in a downtrend — week 55 of stage 4, confirmed. At ₹34.4 it trades −12.1% versus its 200-day average and sits at 15% of its 52-week range (₹30–₹57).

Against the market, two honest reads. Cumulative: over the last 3.8 years the stock moved +310% while the NIFTY 500 moved +46% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 1 straight week — the ribbon below is that same metric, week by week.

What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.

Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.

Asgard Alcobev Ltd trades at 416.0× P/E, at the pricey end of its own range (85th percentile). Its long-run median P/E is 275.3×, measured across 1.4 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.

Today's P/E of 416.0× is at the pricey end of its own range (85th percentile), against a long-run median of 275.3× measured over 1.4 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.

Why the multiple sits where it does: over the past year annual EPS moved −25.0% against a −29.6% price move — earnings outran the price, pushing the multiple DOWN its own range.

Put together: the multiple is full against its own past, so the story rests on the earnings line underneath it, not the multiple.

Stage: No read Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).

Asgard Alcobev Ltd reads as no read on its fundamental arc. Under eight usable quarters on the growth trio — not enough history for an honest trajectory read. The read is built from 6 quarters across 0 curves, on partial evidence.

Why it matters: with too little history, an honest page says so instead of guessing a trajectory.

One or more growth curves carry a base-effect spike — a large year-on-year move off a near-zero or loss-making comparable quarter. Those spikes are capped before the classifier reads the trajectory, and shown pinned on the chart, so a single distorted quarter does not drive the stage call.

Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.

Fewer than eight usable quarters on the growth curves — this page will not guess a trajectory from a stub of history.

4-Factor Sector Score

41.7/100 — rank 12 of 15 in Alcoholic Beverages · 69% evidence confidence

Asgard Alcobev Ltd scores 41.7 out of 100 against the 15 companies it is compared with in Alcoholic Beverages, ranking 12. Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

The four contributions add to the total exactly: 20.4 + 5.3 + 8.5 + 7.5 = 41.7. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.

What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.

Revenue Revenue is the top line: everything the company billed its customers in the period.

Asgard Alcobev Ltd reported ₹53.0 Cr of revenue in the Jun 26 quarter, +150.7% year on year. That is the 2nd straight quarter of year-on-year growth. The last full year, FY26, came in at ₹101 Cr. The last four reported quarters add to ₹133 Cr.

FY26 revenue came in at ₹101 Cr (+74.1% on the year). The latest quarter (Jun 26) printed ₹53.0 Cr, +150.7% year on year — the 2nd consecutive quarter of year-over-year growth.

Acceleration check: trailing-twelve-month revenue grew +68.3% over the last 4 quarters against +1,974.3%/yr over the last 8 — rolling over.

Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.

Asgard Alcobev Ltd's operating margin is 9.7% in the Jun 26 quarter, +2.3 percentage points against the same quarter a year ago. Across 3 fiscal years the operating margin has ranged −5.0% to 8.0%. The current quarter is running above every full year in that window.

The latest quarter's operating margin is 9.7%, +2.3 pp against the same quarter a year ago. Across 3 fiscal years the operating margin has ranged −5.0%–8.0%.

Why the margin moved: operating margin went +2.3 pp year on year while gross margin went +44.7 pp — the gain came mostly from the gross line: input costs and pricing.

Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.

Asgard Alcobev Ltd earned ₹2.5 Cr of net profit in the Jun 26 quarter, +290.8% year on year. Full-year FY26 profit was ₹1.0 Cr. That is 4.8% of the quarter's revenue. The same quarter a year earlier earned ₹0.7 Cr. 2 of the last 12 reported quarters were loss-making.

Jun 26 profit was ₹2.5 Cr, +290.8% year on year. On the full year, FY26 printed ₹1.0 Cr (−50.0%).

Why profit moved: revenue contributed +150.7% and the margin +2.3 pp — the quarter was margin-led: most of the profit growth came from keeping more of each sale.

Pace comparison, last four quarters: profit +47.7% vs revenue +66.7%. Profit is growing slower than sales — costs are eating the growth before it reaches the bottom line.

Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.

Over the last 2 fiscal years 67% of Asgard Alcobev Ltd's reported profit arrived as operating cash — most of the profit is real cash. In FY26 that was ₹4.0 Cr of operating cash against ₹1.0 Cr of profit. After ₹76.0 Cr of capital spending, ₹−72.0 Cr was left as free cash.

FY26: operating cash of ₹4.0 Cr against reported profit of ₹1.0 Cr, leaving free cash of ₹−72.0 Cr after ₹76.0 Cr of capital spending. Across the last 2 fiscal years the conversion rate is 67% of profit.

Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.

🚨 Why conversion sits at 67%: the cash cycle tightened 133 days between FY24 and FY26 — cash that used to wait in the cycle now reaches the bank sooner. Less than 70% of profit arriving as cash is the thing to watch on this page.

Router verdict: the bigger cash user is investment — capital spending ran 31.3× depreciation over three years, so the next section's job is to check what that build-out is buying.

Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).

Asgard Alcobev Ltd's cash conversion cycle runs 35 days in FY26, down from 168 days in FY24. Capital spending ran ₹94.0 Cr over the last 2 years. At FY26 sales of ₹101 Cr each day of that cycle holds about ₹0.3 Cr, so roughly ₹10.0 Cr sits inside the business at any moment.

FY26: debtors at 126 days, inventory at 116 days — roughly 3.8 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 35 days, tighter than FY24's 168.

The full loop: cash goes out to suppliers and production on day 0; stock waits 116 days to sell; customers pay about 126 days after that; and suppliers themselves are paid at 207 days — netting out to the 35-day cycle.

In money terms: at FY26 sales of ₹101 Cr, each day of the cycle holds about ₹0.3 Cr — so the 35-day loop keeps roughly ₹10.0 Cr sitting inside the business at any moment.

On the investment side: capital spending of ₹94.0 Cr over the last 2 fiscal years against ₹3.0 Cr of depreciation — the company is building well ahead of wear-and-tear. Capital work-in-progress stands at ₹0.0 Cr (FY26) — capacity paid for but not yet earning.

The synthesis: the cash is going into capacity, not disappearing into the cycle — the question becomes whether the new capacity earns.

Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.

Asgard Alcobev Ltd earns a ROCE of 7% in FY26. A return-on-invested-capital spread against the cost of capital is not computable from what is held here. The wiring behind it is 1.0% net margin on 0.50× asset turns.

FY26 ROCE is 7%.

Why the return is what it is — the wiring (FY26): 1.0% net margin × 0.50× asset turns × 4.49× balance-sheet leverage ≈ 2.2% on equity. Margin does its share; leverage is a meaningful part of the equation.

Debt Debt-to-equity says how much of the business is funded by borrowings; interest cover says how many times operating profit pays the interest bill. Low and high, respectively, is the safe corner.

Asgard Alcobev Ltd carries ₹73.0 Cr of borrowings against ₹45.0 Cr of equity in FY26, a debt-to-equity of 1.62. Operating profit covers the interest bill 4×. Over 2 years borrowings went from ₹0.0 Cr to ₹73.0 Cr. Capital spending ran ₹94.0 Cr across the last 2 of those years.

FY26: borrowings of ₹73.0 Cr against equity of ₹45.0 Cr — a debt-to-equity of 1.62. Operating profit covers the interest bill 4×. Over 2 years borrowings went from ₹0.0 Cr to ₹73.0 Cr while capital spending ran ₹94.0 Cr in just the last 2 — part of the build-out is riding on borrowed money.

Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.

Promoters added 59.8 points of Asgard Alcobev Ltd over 8 quarters, the biggest move on the register. That takes promoters to 60.0% of the company. The register is read on the four disclosed classes only; nothing is inferred between filings.

The register over the last two years — Promoters: +59.8 points over 8 quarters to 60.0%.

Why the register moved: promoters drove it (+59.8 points) — steady accumulation by institutions reading the same numbers this page reads.

Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.

Asgard Alcobev Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.

The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.

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