Associated Alcohols Q4 PAT Up 5% YoY to ₹235M

Associated Alcohols reported Q4 FY26 PAT of ₹235 million, a 5% YoY increase, with EBITDA margin expanding 200 bps to 17%.
IMFL Proprietary volume surged 37% YoY, while net revenue declined 2% to ₹2,385 million due to subdued ethanol sales.
The company acquired SDF Industries to strengthen bottling operations in Kerala and plans geographic expansion into Odisha, Andhra Pradesh, and Karnataka.
Long-term credit rating improved to A- Positive, with strong balance sheet showing net debt/equity of 0.09x and 23x interest coverage.