Associated Coaters Ltd
Associated Coaters Ltd (ASSOCIATED): company summary
The business is improving with annual revenue rising 38.6% and annual net profit growing 8.5%.
Associated Coaters Ltd (ASSOCIATED) is a micro-cap Beverages company valued at ₹13 crore operating in Breweries & Distilleries on the NSE and BSE.
- Recent price move
- Associated Coaters Ltd last traded at ₹96.5, unchanged on the day.
- Recent developments
- 2026-09-07: The DocStoX score increased to 8.8 from 8.5, with the verdict remaining at buy. 2026-03-31: The latest quarter ended with revenue of ₹5 crore and net profit of ₹1 crore, showing a rise in revenue but a drop in net profit compared to the same quarter a year earlier.
- Financial performance
- The business is improving with annual revenue rising 38.6% and annual net profit growing 8.5%. However, the latest quarter shows net profit fell 11.6% compared to the same quarter a year earlier, while revenue rose 38.0%. Net profit margin dropped 3.9 percentage points to 13.9%, despite strong revenue growth.
- Valuation multiples
- The stock trades at 11.4 times earnings, 2.01 times book value. It yields 0.3%.
- Things to watch
- The company is not paying dividends despite repeated profits, which could signal cash flow issues. High debtors of 168 days suggest potential collection problems. Promoter holding remained at 68.79% with no changes reported.
- Where it stands
- The DocStoX verdict of buy follows from strong earnings growth and a safe balance sheet. The most important factor is the company's ability to convert revenue into profit consistently, despite a recent drop in quarterly net profit.
Summarised by DocStoX's model on 2026-09-08 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.
Price performance
Supported by valuation (6.8) and quality (6.4), but held back by growth (1.2).
DocStoX score
Low confidenceAt a glance
Key highlights
- Low leverage — D/E 0.01
- Profitable in all of the last 5 years
- Undemanding at 11× earnings
- Profit shrinking 54% a year
- Revenue shrinking 55% a year
Growth
Financials
Technicals
Peers
News
Forecasts
About the company
More data
Filings, corporate actions and ownership detail — opened on demand.
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Associated Coaters Ltd peers in Beverages
Other Beverages stocks on the NSE & BSE. See the full Beverages sector list.
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