Asgard Alcobev Ltd

Asgard Alcobev Limited announced the appointment of Mr. Manish Garg as Senior Management Personnel, effective September 23, 2026, following a recommendation from the Nomination and Remuneration Committee. Mr. Garg, who previously served as Head – Capex, Engineering, Packaging, Utility & Maintenance at Carlsberg India until February 2026, brings over 32 years of experience in the food and beverage sector, including roles at Nestlé, Cargill, and Dalmia's, and oversaw expansion projects valued at approximately Rs 2,000 crore.

Asgard Alcobev Limited announced the appointment of Mr. Desai Venkatesh as an Additional Director (Non-Executive, Independent) effective September 23, 2026, following a recommendation from the Nomination and Remuneration Committee.

Asgard Alcobev Limited has changed its registered office from Sr. No.186, Gavalwadi Road, Ashewadi, Ramshej, Nashik, Maharashtra, 422003 to CMJ House, Ferndale Complex, Block III, Keating Road, Shillong G.P.O., East Khasi Hills, Meghalaya, India, 793001, following approval from the Registrar of Companies and an order from the Regional Director dated 27/05/2026, according to a filing with the BSE Limited on September 9, 2026.

Asgard Alcobev Limited announced that its board of directors approved the appointment of M/s. A D V & Associates, Chartered Accountants, as the company’s Statutory Auditors for a term of five years, commencing from the conclusion of the 42nd Annual General Meeting until the conclusion of the 47th Annual General Meeting in 2031, subject to shareholder approval.

Asgard Alcobev Limited, formerly known as Banganga Paper Industries Limited, announced the appointment of Mrs. Kalpana Srinivasan, a Practising Company Secretary, as Secretarial Auditor for the fiscal year 2025-26, effective August 22, 2026, following the resignation of Mrs. Ritika Agarwal.

Asgard Alcobev Ltd share price gained 1.03% to Rs 30.34 after the company's net profit soared by 323.33% to Rs 2.54 crore, while revenue from operations gained significantly 45.20% to Rs 53.04 crore in Q2FY26 over Q1FY26. The market capitalization of Diversified Commercial Services industry group stocks on BSE stood at Rs 91644.35 crore, easing 7.06%. It has improved by 4.99% over last one week and jumped by 17.58% in last one month while the market capitalization of Asgard Alcobev Ltd has slipped by 2.10% and 81.24% in the same period respectively. Profit before tax (PBT) of Asgard Alcobev Ltd stood at Rs 2.57 crore in Q2 FY26, jumping 182.42% year-on-year, and rallying 170.53% quarter-on-quarter. EBITDA came in at Rs 5 crore, expanding by 216.77% YoY and surging by 57.88% sequentially. Total expenses witnessed a sharp rise of 46.97% to Rs 49.5 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 21.87 crore, witnessing a sharp rise of 38.16% YoY, while employee benefits expense was at Rs 3.44 crore, witnessing a strong rise of 138.89% YoY. For the TTM ended FY26, revenue from operations witnessed a strong growth of 14797.44% to Rs 58.1 crore, while net profit plunged by 9500% to Rs 1.88 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 39% to Rs 4.61 crore, and PBT collapsed by 13400% to Rs 2.66 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 2.36 crore in FY26, as against Rs 0.15 crore in FY25. Asgard Alcobev Ltd crashed 48.04% in last one year, underperforming the benchmark BSE Sensex which has slipped by 3.05% during the same period.

Asgard Alcobev Limited will hold a board meeting on Friday, August 14, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, according to a regulatory filing with the BSE Limited. The company’s trading window for securities will remain closed for 48 hours after the financial results are declared, in compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015.

Net profit of Asgard Alcobev declined 49.00% to Rs 0.51 crore in the quarter ended March 2026 as against Rs 1.00 crore during the previous quarter ended March 2025. Sales rose 78.28% to Rs 36.53 crore in the quarter ended March 2026 as against Rs 20.49 crore during the previous quarter ended March 2025. For the full year,net profit declined 48.40% to Rs 0.97 crore in the year ended March 2026 as against Rs 1.88 crore during the previous year ended March 2025. Sales rose 74.72% to Rs 101.51 crore in the year ended March 2026 as against Rs 58.10 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales36.5320.49 78 101.5158.10 75 OPM %9.099.81 -6.808.18 - PBDT3.201.80 78 5.674.07 39 PBT2.731.41 94 3.942.66 48 NP0.511.00 -49 0.971.88 -48 Powered by Capital Market - Live

Asgard Alcobev will hold a meeting of the Board of Directors of the Company on 28 May 2026.

Net profit of Banganga Paper Industries declined 90.79% to Rs 0.07 crore in the quarter ended December 2025 as against Rs 0.76 crore during the previous quarter ended December 2024. Sales declined 4.97% to Rs 19.69 crore in the quarter ended December 2025 as against Rs 20.72 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales19.6920.72 -5 OPM %5.747.82 - PBDT0.511.39 -63 PBT0.061.03 -94 NP0.070.76 -91 Powered by Capital Market - Live