The stocks that are covered under the umbrella of the ‘Breweries & Distilleries’ sector have been on the rise since the past year and reported stable stock movements in the recent month.
Listed below are 2 such stocks that delivered multibagger returns in the past year:
Tilaknagar Industries Limited:
Tilaknagar Industries Limited is engaged in the business of manufacturing as well as the sale of Indian-made Foreign Liquor (IMFL) and other related products. It envisages a variety of liquor categories including whisky, gin, vodka, etc. Some of the brands include Madira Rum, Courrier Napoleon Brandy – Red, etc.
The company’s shares opened their trading session today at Rs 147.35 and currently trade at Rs 146.35, down around 0.14 percent as compared to the previous closing levels of Rs 146.55.
Keeping a purview of one year, the stock has been successful in generating multibagger returns of 117 percent. It means that if someone would have invested Rs 1 Lakh into the stock, it would have converted to Rs 2.17 Lakhs within a period of one year.
The latest financial reports exhibit an operating revenue that increased from Rs 1,792 crores during FY21-22 to Rs 2,469 crores in FY22-23. Moreover, the net profits, keeping the timeframe the same, improved from Rs 45 crores to Rs 150 crores representing an increase of 233 percent.
Som Distilleries And Breweries Limited:
Som Distilleries & Breweries Limited is a company based in India that is engaged in the manufacture as well as the sale of Beer and Indian-made Foreign Liquor (IMFL). The company’s product portfolio comprises rum, vodka, and whisky categories.
The company’s shares opened their trading session today at Rs 243.25 and currently trade at Rs 244.80, up around 1.60 percent as compared to the previous closing levels of Rs 240.95.
Keeping a purview of one year, the stock has been successful in generating multibagger returns of 291 percent. It means that if someone would have invested Rs 1 Lakh into the stock, it would have converted to Rs 3.91 Lakhs within a period of one year.
As per the March 2023 quarter, Ace Investor Ms. Dolly Khanna holds a 1.28 percent stake in the company which equates to 9,91,429 equity shares. The current holding value of the investment stands at around Rs 24.30 crores.
The latest financial reports exhibit an operating revenue that increased from Rs 654 crores during FY21-22 to Rs 1,498 crores in FY22-23. Moreover, the net profits, keeping the timeframe the same, turned from losses of Rs 10 crores to profits of Rs 60 crores.
Written by Amit Madnani
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