---
title: "Balaji Distilleries Ltd(merged) (BALAJIDIST) — Share Price, Financials & Analysis"
symbol: "BALAJIDIST"
company: "Balaji Distilleries Ltd(merged)"
canonical: "https://tapetide.com/stocks/BALAJIDIST"
sector: "Fast Moving Consumer Goods"
industry: "Beverages"
generated_at: "2026-09-13T18:47:20.612Z"
---

# Balaji Distilleries Ltd(merged) (BALAJIDIST)

Canonical page: https://tapetide.com/stocks/BALAJIDIST

## Company

- **Sector:** Fast Moving Consumer Goods
- **Industry:** Beverages
- **Macro Sector:** Fast Moving Consumer Goods
- **Stock Type:** DELISTED
- **Face Value:** ₹10
- **F&O Eligible:** No

## Latest Price

## Key Insights

### Strengths

- Company has reduced debt.

### Weaknesses

- Company has low interest coverage ratio.
- Earnings include an other income of Rs.8.73 Cr.
- Company's cost of borrowing seems high

## Growth Rates

| Metric | 1Y | 3Y |
| --- | --- | --- |
| net income growth | 67% | 12% |
| revenue growth | 1% | 17% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0.72 | 0.11 | 0.06 | 0.16 | 0.12 | 0.11 | 0.34 | 0.07 | 0.05 | 0.07 | 0.07 | 0.07 |
| Operating Profit | -0.72 | -0.11 | -0.06 | -0.16 | -0.12 | -0.11 | -0.34 | -0.07 | -0.05 | -0.07 | -0.07 | -0.07 |
| Other Income | 1.67 | 0.34 | 0.36 | 0.43 | 0.45 | 0.42 | 0.41 | 0.72 | 0.58 | 0.44 | 0.45 | 0.5 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0.95 | 0.23 | 0.3 | 0.27 | 0.33 | 0.31 | 0.07 | 0.65 | 0.53 | 0.37 | 0.38 | 0.43 |
| Tax % | 31.58 | 0 | 0 | 18.52 | 0 | 0 | 0 | 23.08 | 0 | 0 | 13.16 | 0 |
| Net Profit | 0.65 | 0.23 | 0.3 | 0.22 | 0.33 | 0.31 | 0.06 | 0.5 | 0.53 | 0.36 | 0.33 | 0.43 |
| EPS in Rs | 0.89 | 0.32 | 0.41 | 0.3 | 0.45 | 0.43 | 0.08 | 0.69 | 0.73 | 0.49 | 0.45 | 0.59 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 |
| --- | --- | --- | --- | --- | --- |
| Sales | 287 | 410 | 519 | 656 | 660 |
| Expenses | 322 | 393 | 582 | 670 | 637 |
| Operating Profit | -35 | 17 | -62 | -14 | 23 |
| OPM % | -12 | 4.2 | -12 | -2.1 | 3.5 |
| Other Income | -155 | 23 | 211 | 69 | 9 |
| Interest | 39 | 35 | 31 | 35 | 27 |
| Depreciation | 9 | 10 | 11 | 8 | 10 |
| Profit before tax | -238 | -4 | 107 | 11 | -6 |
| Tax % | 0 | 21 | 1 | 17 | 0 |
| Net Profit | -238 | -5 | 106 | 9 | -6 |
| EPS in Rs | — | — | — | — | -0.39 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 |
| --- | --- | --- | --- | --- | --- |
| Equity Capital | 53 | 53 | 53 | 53 | 143 |
| Reserves | -430 | -435 | -317 | -307 | -257 |
| Borrowings | 385 | 383 | 248 | 194 | 68 |
| Other Liabilities | 160 | 198 | 256 | 320 | 344 |
| Total Liabilities | 168 | 198 | 241 | 260 | 298 |
| Fixed Assets | 110 | 109 | 121 | 113 | 159 |
| CWIP | 3 | 12 | 8 | 38 | 0 |
| Investments | 14 | 7 | 16 | 0 | 0 |
| Other Assets | 42 | 70 | 97 | 109 | 139 |
| Total Assets | 168 | 198 | 241 | 260 | 298 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 |
| --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 19 | 27 | 9 | 66 | 24 |
| Cash from Investing Activity | -12 | -17 | -15 | -13 | -27 |
| Cash from Financing Activity | -12 | -3 | 22 | -73 | 5 |
| Net Cash Flow | -5 | 7 | 16 | -20 | 2 |
| Free Cash Flow | 17 | 10 | -9 | 53 | 4 |
| CFO/OP | -53 | 157 | -15 | -482 | 106 |

### Ratios

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 |
| --- | --- | --- | --- | --- | --- |
| Debtor Days | 19 | 21 | 23 | 19 | 27 |
| Inventory Days | 90 | 55 | 67 | 70 | 72 |
| Days Payable | 801 | 625 | 664 | 644 | 662 |
| Cash Conversion Cycle | -692 | -548 | -574 | -555 | -562 |
| Working Capital Days | -154 | -130 | -130 | -133 | -135 |
| ROCE % | — | 521 | — | — | — |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 67.22% | 66.49% | 66.49% | 66.48% | 66.48% | 66.48% | 66.57% | 60.4% | 60.4% | 60.4% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.06% |
| DIIs | 0.18% | 0.12% | 0.12% | 0.12% | 0.12% | 0.12% | 0.12% | 0.12% | 0.12% | 0.12% |
| Public | 32.6% | 33.39% | 33.39% | 33.41% | 33.41% | 33.41% | 33.32% | 39.48% | 39.49% | 39.42% |
| No. of Shareholders | 3096 | 2944 | 2938 | 2935 | 2955 | 3268 | 3251 | 3994 | 4847 | 4709 |

### Quarterly

| Category | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 66.57% | 66.57% | 66.57% | 60.4% | 60.4% | 60.4% | 60.4% | 60.4% | 60.4% | 60.4% | 60.4% | 60.4% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.06% | 0.06% | 0.06% |
| DIIs | 0.12% | 0.12% | 0.12% | 0.12% | 0.12% | 0.12% | 0.12% | 0.12% | 0.12% | 0.12% | 0.12% | 0.12% |
| Public | 33.32% | 33.31% | 33.31% | 39.49% | 39.48% | 39.5% | 39.48% | 39.49% | 39.49% | 39.42% | 39.43% | 39.42% |
| No. of Shareholders | 3251 | 3293 | 3682 | 3808 | 3994 | 3947 | 4037 | 4909 | 4847 | 4759 | 4728 | 4709 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 1 / 6 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 6.63 | Sell |
| EMA (10) | 6.56 | Sell |
| SMA (20) | 6.74 | Sell |
| EMA (20) | 6.7 | Sell |
| SMA (50) | 7.05 | Sell |
| EMA (50) | 7.07 | Sell |
| SMA (100) | 7.79 | Sell |
| EMA (100) | 7.67 | Sell |
| SMA (200) | 8.94 | Sell |
| EMA (200) | 8.71 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 38.65 | Neutral |
| MACD (12,26,9) | -0.18 | Sell |
| Stochastic (14,3,3) | 21.2 | Neutral |
| ADX (14) | 18.74 | Neutral |
| Williams %R (14) | -79.74 | Neutral |
| ATR (14) | 0.42 | High Volatility |
| ROC (12) | -10.5 | Sell |
| Stoch RSI (14) | 19.8 | Buy |
| UO (7,14,28) | 36.71 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 4 Feb - Company informs BSE no undisclosed price-sensitive information; share price movement market-driven (04-Feb-2026). | [Clarification On Price Movement 4 Feb - Company informs BSE no undisclosed price-sensitive information; share price movement market-driven (04-Feb-2026).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/26c56642-ef41-48e5-9a18-bbd04adeeadd.pdf) |
| 14 Feb - Published extract of unaudited Q3 and nine-month results ended Dec 31, 2025 (published Feb 14, 2026). | [Advertisement Of Results 14 Feb - Published extract of unaudited Q3 and nine-month results ended Dec 31, 2025 (published Feb 14, 2026).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7e338cb0-f90f-4015-b207-9a5173cc3a1d.pdf) |
| 13 Feb - Unaudited results for quarter and nine months ended 31-Dec-2025: Q PAT Rs43.14L; 9M PAT Rs112.42L. | [Board Meeting Outcome for Outcome Of Board Meeting 13 Feb - Unaudited results for quarter and nine months ended 31-Dec-2025: Q PAT Rs43.14L; 9M PAT Rs112.42L.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/83d28bc9-bbe9-4a07-a53c-63202dc97845.pdf) |
| — | [Un-Audited Financial Results Quarter And Nine Month Ended 31St December,2025 13 Feb](https://www.bseindia.com/xml-data/corpfiling/AttachHis/18754dca-cc39-40e2-a527-c42447612ffa.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/563ed4ca-2a83-40ad-98df-3be674a39ced.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/776591ef-edcf-429c-acb9-26a890772f29.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/acc63db3-c2e3-4314-be68-2aa7661a5a82.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/513063/76657513063.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/513063/71953513063.pdf) |
| from bse | [Financial Year 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/513063/68141513063.pdf) |
| from bse | [Financial Year 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/513063/5130630319.pdf) |
| from bse | [Financial Year 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/513063/5130630318.pdf) |
| from bse | [Financial Year 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/513063/5130630317.pdf) |
| from bse | [Financial Year 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/513063/5130630316.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:47:20.612Z.