ethanol – Katalyst Wealth

[Stock idea]: Associated Alcohol…moving towards Premium Alcohol segment

July 17, 2025

I was recently looking at Associated Alcohols & Breweries. The company has its proprietary brands in the IMFL segment and is also the contract manufacturer of very renowned brands like – Black Dog, VAT 69, Smirn Off, etc. Company is looking to continuously introduce new and premium IMFL products and at the same time expand into newer markets like Maharashtra, Goa and Karnataka. Below, we have shared notes from the Q4 FY 25 concall of the company to understand its plans for Proprietary…

[Stock idea]: Gulshan Polyols…helping India reduce dependence on imported crude oil

June 3, 2025

India is gearing up to set a new target of 30% ethanol blending in petrol by 2030, having already achieved a ~20% blend by March of the current year. Gulshan Polyols is a leading producer of Ethanol with a total capacity of 810 kilo liters per day (KLPD). Just a few years back, its capacity was only 60 KLPD. For FY 25, the company sold 14 crore liters of Ethanol and is gearing up to sell 23-25 crore liters in FY 26.…

[Stock note] – Associated Alcohol…moving towards Premium Alcohol segment

November 5, 2024

Everyone is looking for good investment opportunities that can turn out to be multibaggers. I was recently looking at Associated Alcohols & Breweries. The company has its proprietary brands in the IMFL segment and is also the contract manufacturer of very renowned brands like – Black Dog, VAT 69, Smirn Off, etc. Before that: As on 5th Nov’24, 23 medium/long term stock recommendations are under coverage. Out of the same, 9 are both Positive rated and in the buy zone. Recently, we also released a…

[Stock notes] – Associated Alcohols & Breweries…setting up 4 MLPA ethanol capacity

September 14, 2023

Hello Sir, Hope you are doing well. Recently I came across Associated Alcohols & Breweries. The stock came to our notice because of its ongoing capex of 40 Million Liters per annum Ethanol plant which is likely to commence operations from next month, i.e. Oct’23. The company has its proprietary brands in the IMFL segment and is also the contract manufacturer of very renowned brands like – Black Dog, VAT 69, Smirn Off, etc. Below, we have shared interesting insights from the Q1 FY…