• The document is a regulatory filing containing the full transcript of the Q1 FY27 Earnings Conference Call held on Thursday, August 13, 2026, submitted pursuant to Regulation 30 of SEBI LODR Regulations.
  • The conference call was an earnings call specifically discussing the Un-Audited Standalone and Consolidated Financial Results for Q1 FY 2026-27.
  • Management participants included Mr. Diwakaran Suryanarayana (Chief Operating Officer) and Mr. Nakul Sethi (Director-Finance and Strategy).
  • The company stated that the transcript is also available on the company's website at www.somindia.com.

Financial and Operational Highlights from Call Transcript

Q1 FY27 Performance:

  • Consolidated volumes stood at 45.79 lakh cases with total income of INR 268.8 crores.
  • EBITDA stood at INR 15.2 crores.
  • The quarter was described as "extremely difficult" due to operational and regulatory disruption in Madhya Pradesh which significantly impacted volumes and financial performance.
  • Beer represented approximately 98.9% of total volume and 93% of revenue, with 45 lakh beer cases sold.
  • IMFL realization improved by approximately 3% year-on-year to INR 1,047 per case.

Capacity & Expansion:

  • Successfully commissioned and commenced commercial production at Uttar Pradesh unit (brewery) on June 9, adding approximately 10 million cases of annual beer capacity.
  • Total investment in UP brewery is approximately INR 300 crores, made without taking any external debt.
  • Hassan facility operated at approximately 60% capacity utilization; Odisha facility operated at around 70% capacity utilization.

Balance Sheet & Cash Flow:

  • Gross debt increased by only INR 10 crores during the quarter.
  • Gross debt to equity ratio moved marginally from 0.3x in March 2026 to 0.31x in June 2026.
  • Generated close to INR 28 crores of cash from operations during the quarter.

Market Performance:

  • Saw strong rebound in Karnataka with 30% increase in cases sold.
  • Odisha delivered strong recovery with approximately 40% increase in cases sold.
  • Madhya Pradesh plant remains suspended due to regulatory/court matters, resulting in an estimated revenue loss of INR 250-260 crores for Q1.
  • Approximately INR 25 crores of finished goods inventory with about one month of shelf life remaining at Bhopal plant.

Guidance & Outlook:

  • Management expressed hope for resolution of MP plant issue within the current month (August).
  • Maintained revenue guidance of INR 1,000 - INR 1,100 crores for FY27 (revised from earlier INR 1,400-1,500 crores guidance).
  • Plans to enter Andhra Pradesh market by first week of September 2026.
  • Evaluating launch of Indian single malt category before end of FY27.

Additional Notes Section

  • The document is a compliance filing that includes the full earnings call transcript as an enclosure.
  • The filing includes digital signature of Jitendra Parihar, Company Secretary & Compliance Officer.
  • No financial presentation deck or additional attachments were mentioned in this specific filing.