Happy Hours For Investors: How G M Breweries Gave 13,488% Returns
🍷 Stock Name: GM Breweries Ltd.
🍷 NSE: $GMBREW
🍇 The Beginning
Incorporated in 1981, G M Breweries Ltd. is an alcoholic beverage manufacturing and marketing company that has a monopoly over the country’s liquor sector in Mumbai, Thane and Palghar. It also manufactures and markets Indian-made Foreign Liquor (IMFL).
▪️ The company operates out of a factory in Thane, Maharashtra, and has the capacity to produce 50,000 cases every day.
▪️ It is the single largest manufacturer of country liquor in the State of Maharashtra, with a sizable market share.
▪️ It was the first to introduce 180 ml bottles in the country’s liquor industry.
🍺 Diversification & Expansion
In FY20, the company received the license to manufacture hand sanitisers from the Food & Drug Administration of Maharashtra. This led to a spike in the share prices of the company, and as of 29 October 2021, the share prices were trading at ₹765.70 apiece.
🍾 Growth Potential
▪️ Virtually debt-free.
▪️ A high Promoter holding of 74.43% as of June 2022.
▪️ Shares have grown from ₹4.25 apiece as of 30 July 2002 to the CMP of ₹577.50.

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