With an operating revenue of Rs 615.2 crore on a trailing 12-month basis, GM Breweries has reported outstanding annual revenue growth of 13%, pre-tax margin of 29% and ROE of 18%.
The company is debt-free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is comfortably placed above its key moving averages, around 9% and 16% from 50DMA and 200DMA.