India’s alcoholic beverage industry ranks as the third-largest globally, with an annual consumption of approximately 970 crore liters, valued at around Rs.4.5 lakh crore, contributing significantly to both state and central revenues.
Exporting alcoholic beverages is vital for alcohol companies as it creates new revenue streams and boosts overall profitability. Access to international markets enables companies to diversify their customer base, reducing dependence on domestic sales while elevating their brand prestige on a global scale.
Here are a few leading alcohol stocks with high profits from exports:
United Breweries Ltd
With a market capitalization of Rs.56,582 crore, the share price of United Breweries Ltd closed at Rs.2,138.15 per share on Thursday, falling 1.16 percent from its previous close.
For the year ending FY24, the company reported a revenue of Rs.8,123 crore, rising 8.3 percent year-on-year from Rs.7,500 crore in the year ended FY23. Revenue from exports constituted 1.19 percent of the total revenue amounting to Rs.96.66 crores.
Profit after tax(PAT) increased 35 percent to Rs.411 crore from Rs.305 crore in the same period.
United Breweries serves an extensive market both domestically and internationally. In India, it operates across 28 states and 8 union territories, while internationally, it has a presence in 50 countries.
United Breweries Limited is well-known for its flagship Kingfisher brand, which features variants such as Kingfisher Premium and Kingfisher Strong. In addition to its domestic offerings, the company markets international brands like Heineken and Amstel Bier, along with popular local choices such as Kalyani Black Label and Bullet.
Radico Khaitan Ltd
With a market capitalization of Rs.27,375 crore, the share price of Radico Khaitan Ltd closed at Rs.2,036.65 per share on Thursday, falling 2 percent from its previous close.
For the year ending FY24, the company reported a revenue of Rs.4,106 crore, rising 31 percent year-on-year from Rs.3,133 crore in the year ended FY23. Revenue from exports constituted 6.56 percent of the total revenue amounting to Rs.270 crores.
Profit after tax(PAT) increased by 25.5 percent to Rs.256 crore from Rs.204 crore in the same period.
Radico Khaitan exports its products to over 100 countries, offering access to a global market, while domestically, the company operates in all 29 states across India.
Radico Khaitan Limited is known for its popular brands, including 8 PM Whisky, Magic Moments Vodka, Contessa Rum, and Old Admiral Brandy. The company also offers premium products like Rampur Indian Single Malt Whisky and Jaisalmer Indian Craft Gin, catering to a diverse market both domestically and internationally.
Globus Spirits Ltd
With a market capitalization of Rs.3,439 crore, the share price of Globus Spirits Ltd closed at Rs.1,186.00 per share on Thursday, falling 3 percent from its previous close.
For the year ending FY24, the company reported a revenue of Rs.2,414 crore, rising 15 percent year-on-year from Rs.2,103 crore in the year ended FY23. Revenue from exports constituted 1 percent of the total revenue amounting to Rs.24.14 crores.
Profit after tax(PAT) decreased by 20.5 percent to Rs.97 crore from Rs.122 crore in the same period.
Globus Spirits Ltd serves both national and international markets. In India, it operates across 8 states, while internationally, it has a presence in approximately 6 countries, including regions in Africa and Japan.
Globus Spirits Limited is recognized for its diverse portfolio of alcoholic beverages, including Brothers & Co. Whisky and GR8 Times, targeting both premium and regular markets. The company also offers several brands such as County Club, Bagpiper Whisky, and French Castle, effectively catering to various consumer preferences within the Indian liquor market.
Written by – Siddesh S Raskar
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