Anheuser Busch Inbev (Sabmiller) India Ltd

Platform	Last Traded Price	Min Quantity

Strengths & Weaknesses

Strengths

Market Leadership with a Vast Portfolio of Over 500 Beer Brands: AB InBev India benefits from its parent company’s global portfolio of over 500 beer brands, allowing it to offer a variety of options to Indian consumers. This extensive range strengthens its position as a market leader in India’s growing beer market.

Diverse Range of Global, Local, and Craft Beers Catering to Various Consumer Preferences: AB InBev India caters to a broad audience by offering not only global brands but also localized options and craft beers, meeting the preferences of India’s increasingly diverse and sophisticated beer market.

Benefits from Economies of Scale in Production, Distribution, and Marketing: As part of one of the world’s largest brewing companies, AB InBev India enjoys cost advantages in production, distribution, and marketing, allowing it to maintain competitive pricing while ensuring quality

Extensive Global Distribution Network Ensuring Widespread Accessibility: Leveraging its parent company’s extensive global supply chain and distribution expertise, AB InBev India ensures efficient distribution and availability of its products across the country, including tier-1 and tier-2 cities.

Weaknesses

Exposure to Diverse Regulatory Landscapes: The beer industry in India is heavily regulated, with varying state-level policies governing production, distribution, and taxation. Navigating these diverse regulations is resource-intensive and can impact the company’s ability to expand smoothly.

Heavy Reliance on Alcoholic Beverages: AB InBev India’s revenue primarily comes from beer sales, making it vulnerable to shifts in alcohol consumption patterns, government policies, and social restrictions that may reduce alcohol sales.

Saturation in Key Beer Markets: In certain urban regions of India where beer consumption is already high, market saturation can limit growth opportunities. AB InBev India must find ways to grow in less penetrated markets or diversify its offerings.

Balance Sheet	FY2023	FY2022	FY2021	FY2020	FY2019
Equity Capital	928.40	897.40	616.60	616.60	408.60
Reserves	-190.10	55.20	-649.80	45.00	-149.00
Total Equity	738.30	952.60	-33.20	661.60	259.60
Borrowings	-	-	726.00	388.70	588.30
Provision	21.40	19.70	17.50	20.30	14.80
Other Non-Current Liabilities	158.50	140.20	98.20	36.70	10.50
Total Non current Liabilities	179.90	159.90	841.70	445.70	613.60
Borrowings	926.00	347.60	615.20	250.00	400.10
Other Current Liabilities	1544.30	1218.00	1099.50	1480.80	1273.80
Total current Liabilities	2470.30	1565.60	1714.70	1730.80	1673.90
Equity + Liabilities	3388.50	2678.10	2523.20	2838.10	2547.10
Fixed Assets (incl. WIP)	1174.60	1195.10	1274.60	1146.30	1196.80
Other Non Current Assets	153.30	160.20	233.00	467.90	310.50
Total Non current Assets	1327.90	1355.30	1507.60	1614.20	1507.30
Trade Receivables	614.20	440.10	378.60	438.80	583.70
Cash & Cash Equivalents	187.30	51.00	51.60	79.30	37.50
Other Current Assets	1259.10	831.70	585.40	705.80	418.60
Total current Assets	2060.60	1322.80	1015.60	1223.90	1039.80
Total Assets	3,388.50	2,678.10	2,523.20	2,838.10	2,547.10

Profit & Loss	FY2023	FY2022	FY2021	FY2020	FY2019
Revenue from Operations	3,167.20	3,354.50	2,845.30	3,608.10	6,177.40
Growth %	-	5.91%	-15.18%	26.81%	71.21%
Operating Expenses	3,235.10	3,727.00	3,242.90	3,814.60	6,408.20
Growth %	-	15.21%	-12.99%	17.63%	67.99%
Operating Profit	-67.90	-372.50	-397.60	-206.50	-230.80
Op. Profit Margin %	-2.14%	-11.10%	-13.97%	-5.72%	-3.74%
Other Income	30.90	43.00	6.70	86.00	51.40
Finance Costs	88.40	138.70	103.40	19.00	71.90
Depreciation	179.20	214.60	211.00	225.80	187.60
Profit Before Tax	-304.60	-682.80	-705.30	-365.30	-438.90
Tax	0.00	55.00	0.00	0.00	0.00
Tax %	0.00%	1.64%	0.00%	0.00%	0.00%
Profit After Tax	-304.60	-677.30	-705.30	-365.30	-438.90
Growth %	-	-322.36%	-204.13%	-48.21%	20.15%
PAT %	-9.62%	-9.62%	-24.79%	-10.12%	-7.10%
Diluted EPS	-7.46	-15.27	-11.44	-5.35	-4.88

Shareholding Pattern

Color	Shareholder	Holding
	AB Inbev Asia B V	63.00%
	Anheuser Busch Inbev Breweries Private Limited	34.77%
	Sabmilier India Holdings	1.36%
	Austindia Pty Limited	0.40%
	Other	0.47%

Fundamentals

Quick Insights

Market Leadership with a Vast Portfolio of Over 500 Beer Brands AB InBev India benefits from its parent company’s global portfolio of over 500 beer brands, allowing it to offer a variety of options to Indian consumers. This extensive range strengthens its position as a market leader in India’s growing beer market. Diverse Range of Global, Local, and Craft Beers Catering to Various Consumer Preferences AB InBev India caters to a broad audience by offering not only global brands but also localized options and craft beers, meeting the preferences of India’s increasingly diverse and sophisticated beer market. Benefits from Economies of Scale in Production, Distribution, and Marketing As part of one of the world’s largest brewing companies, AB InBev India enjoys cost advantages in production, distribution, and marketing, allowing it to maintain competitive pricing while ensuring quality Extensive Global Distribution Network Ensuring Widespread Accessibility Leveraging its parent company’s extensive global supply chain and distribution expertise, AB InBev India ensures efficient distribution and availability of its products across the country, including tier-1 and tier-2 cities.

Market Cap₹52,936.73 Cr

PE Ratio-120.7

EPS₹-4.88

Dividend Yield-

Book Value₹8.21 Cr

Debt/Equity1.254

Price/Book71.74

Price/Sales-

Industry PE-

Sales₹6,177.4 Cr

Profit After Tax₹-438.9 Cr

Share Capital₹928.4 Cr

Shares Outstanding-

ISININE038G01019

SectorBeverages

Symbol-

About Company

Anheuser-Busch InBev, initially established as SABMiller India Ltd. in 1988 in Belgium, has become a prominent global leader in the brewing industry. The company is celebrated for its extensive range of beverages, including renowned beer brands such as Budweiser, Corona, and Stella Artois.

Quick Insights

Market Leadership with a Vast Portfolio of Over 500 Beer Brands AB InBev India benefits from its parent company’s global portfolio of over 500 beer brands, allowing it to offer a variety of options to Indian consumers. This extensive range strengthens its position as a market leader in India’s growing beer market. Diverse Range of Global, Local, and Craft Beers Catering to Various Consumer Preferences AB InBev India caters to a broad audience by offering not only global brands but also localized options and craft beers, meeting the preferences of India’s increasingly diverse and sophisticated beer market. Benefits from Economies of Scale in Production, Distribution, and Marketing As part of one of the world’s largest brewing companies, AB InBev India enjoys cost advantages in production, distribution, and marketing, allowing it to maintain competitive pricing while ensuring quality Extensive Global Distribution Network Ensuring Widespread Accessibility Leveraging its parent company’s extensive global supply chain and distribution expertise, AB InBev India ensures efficient distribution and availability of its products across the country, including tier-1 and tier-2 cities.

Market Cap₹52,936.73 Cr

PE Ratio-120.7

EPS₹-4.88

Dividend Yield-

Book Value₹8.21 Cr

Debt/Equity1.254

Price/Book71.74

Price/Sales-

Industry PE-

Sales₹6,177.4 Cr

Profit After Tax₹-438.9 Cr

Share Capital₹928.4 Cr

Shares Outstanding-

ISININE038G01019

SectorBeverages

Symbol-

About Company

Strengths

Weaknesses

Annual Reports

FY 2020 FY 2021 FY 2022 FY 2023

Balance Sheet	FY2023	FY2022	FY2021	FY2020	FY2019
Equity Capital	928.40	897.40	616.60	616.60	408.60
Reserves	-190.10	55.20	-649.80	45.00	-149.00
Total Equity	738.30	952.60	-33.20	661.60	259.60
Borrowings	-	-	726.00	388.70	588.30
Provision	21.40	19.70	17.50	20.30	14.80
Other Non-Current Liabilities	158.50	140.20	98.20	36.70	10.50
Total Non current Liabilities	179.90	159.90	841.70	445.70	613.60
Borrowings	926.00	347.60	615.20	250.00	400.10
Other Current Liabilities	1544.30	1218.00	1099.50	1480.80	1273.80
Total current Liabilities	2470.30	1565.60	1714.70	1730.80	1673.90
Equity + Liabilities	3388.50	2678.10	2523.20	2838.10	2547.10
Fixed Assets (incl. WIP)	1174.60	1195.10	1274.60	1146.30	1196.80
Other Non Current Assets	153.30	160.20	233.00	467.90	310.50
Total Non current Assets	1327.90	1355.30	1507.60	1614.20	1507.30
Trade Receivables	614.20	440.10	378.60	438.80	583.70
Cash & Cash Equivalents	187.30	51.00	51.60	79.30	37.50
Other Current Assets	1259.10	831.70	585.40	705.80	418.60
Total current Assets	2060.60	1322.80	1015.60	1223.90	1039.80
Total Assets	3,388.50	2,678.10	2,523.20	2,838.10	2,547.10

Profit & Loss	FY2023	FY2022	FY2021	FY2020	FY2019
Revenue from Operations	3,167.20	3,354.50	2,845.30	3,608.10	6,177.40
Growth %	-	5.91%	-15.18%	26.81%	71.21%
Operating Expenses	3,235.10	3,727.00	3,242.90	3,814.60	6,408.20
Growth %	-	15.21%	-12.99%	17.63%	67.99%
Operating Profit	-67.90	-372.50	-397.60	-206.50	-230.80
Op. Profit Margin %	-2.14%	-11.10%	-13.97%	-5.72%	-3.74%
Other Income	30.90	43.00	6.70	86.00	51.40
Finance Costs	88.40	138.70	103.40	19.00	71.90
Depreciation	179.20	214.60	211.00	225.80	187.60
Profit Before Tax	-304.60	-682.80	-705.30	-365.30	-438.90
Tax	0.00	55.00	0.00	0.00	0.00
Tax %	0.00%	1.64%	0.00%	0.00%	0.00%
Profit After Tax	-304.60	-677.30	-705.30	-365.30	-438.90
Growth %	-	-322.36%	-204.13%	-48.21%	20.15%
PAT %	-9.62%	-9.62%	-24.79%	-10.12%	-7.10%
Diluted EPS	-7.46	-15.27	-11.44	-5.35	-4.88

Shareholding Pattern

Color	Shareholder	Holding
	AB Inbev Asia B V	63.00%
	Anheuser Busch Inbev Breweries Private Limited	34.77%
	Sabmilier India Holdings	1.36%
	Austindia Pty Limited	0.40%
	Other	0.47%

Board of Directors

kartikeya sharmawhole time director

mahesh mittalwhole time director

sapna tanejaindependant director

rashmi sharmaindependant director

shantanu krishnanon executive director

Senior Management

Aastha sharmaCFO

mansi bajajcompany secrtary