MoneyWorks4Me

Som Distilleries becomes zero debt company

25 Oct 2012 Evaluate

Som Distilleries & Breweries has repaid its entire secured debt excepting vehicle loan. The company has achieved this feat despite large outlays on ramping up its capacity and maintaining a steady growth rate of top-line of 183% in the past three years.

The said move is in line with the company’s vision of becoming one of India’s top 3 breweries over the next five years.

Som Distilleries and Breweries is engaged in manufacturing beer and Indian made foreign liquor. The company owns brands such as Hunter Extra Strong Premium Beer, Legend Premium Beer and Legend Premium Lager Beer.

Peers
Company Name CMP
United Spirits 1411.20
United Breweries 1217.60
Radico Khaitan 4483.95
India Glycols 297.25
Allied Blenders&Dist 722.80
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