• Facebook
  • Twitter
  • Instagram
  • RSS
  • FinGrad
  • Market News
  • Company Results
  • Corporate Actions
  • Economy
  • Portal
  • Screener
  • Youtube
  • Forum
  • *We’re Hiring!
0 Items
Trade Brains
  • Articles
  • News
  • IPO
  • Demat Account
    • Compare Stock Brokers
    • Zerodha
    • FundsIndia
    • Espresso
  • FinGrad
  • Resources
    • Podcast
    • Quizzes
    • Intrinsic Value Calculators
    • SIP Calculator
    • Best Quotes
    • Books
      • Dividend Investing
      • Value Investing
      • Investing Mindset
      • Book Reviews
      • FREE Guide
    • Videos
Select Page

Top Liquor Stocks To Watch in 2023 With Fundamentals

by Aron Almeida | Jan 1, 2023 | Financials, Stocks | 2 comments

Top Liquor Industry Stocks in India Cover Image

Top Liquor Stocks: India doesn’t rank too high on the list of countries with the highest per capita alcohol consumption. But it is also true that Indians consume almost half of the whiskey produced in the world. This is mainly thanks to India’s huge population. India’s alcohol intake however has increased by 38% in the last 7 years.

Unleash the Trader in You FinGrad Banner

Looking at the industry from a business perspective. We have prepared a list of the Top Liquor Stocks in India. Here, we’ll discuss the top 8 alcohol players in the industry.

Table of Contents

  • Top Liquor Stocks in India 
    • Top Liquor Stocks #1 – United Spirits
    • Top Liquor Stocks #2 – United Breweries
    • Top Liquor Stocks #3 –Radico Khaitan
    • Top Liquor Stocks #4 –Globus Spirits
    • Top Liquor Stocks #5 –GM Breweries
    • Top Liquor Stocks #6 -Assoc Alcohol and Breweries
    • Top Liquor Stocks #7 –Tilaknagar Ind
    • Top Liquor Stocks #8 –Som Distilleries and Breweries
    • Top Liquor Stocks #9 -Sula Vineyards
  • Closing Thoughts

Top Liquor Stocks in India 

Top Liquor Stocks #1 – United Spirits

United Spirits logo

United Spirits Limited, is the world’s second-largest spirits company by volume. The company was originally founded by Scotsman Angus McDowell in Chennai.

Currently, United Spirits are headquartered in Bangalore. The company has been around for almost 2 centuries and is currently the biggest in the country with a market cap of  Rs 63,250 Cr. 

United Spirits produces several famous brands like Antiquity, Bagpiper, McDowell’s, Royal Challenge, Signature, Black Dog, etc. They export their products to over 37 countries. In 2013 global player Diageo began acquiring a stake in the company and currently holds a 56.97% majority stake in United Spirits.

Top Liquor Stocks #2 – United Breweries

United Breweries Logo

UB Group is another alcoholic beverage giant in India. The company was founded in 1857 by Vittal Mallya. It has a 40% market share in the Indian brewing market. They are headquartered in  UB City, Bangalore. Although they come second in terms of size with a market cap of Rs 44,250 Cr, they are India’s largest beer producer.

The company sells beer under the Kingfisher brand. Unfortunately, the company has faced difficulty in the recent past when its Chairman Vijay Mallya was accused of money laundering, misappropriation, and being a willful defaulter.

Top Liquor Stocks #3 –Radico Khaitan

Radico Khaitan logo

Radico Khaitan Ltd. (RKL) manufactures industrial alcohol, Indian Made Foreign Liquor (IMFL), and country liquor. The company has a market cap of Rs. 12,273 cr., making it the third-largest in the Indian industry.

It was founded in 1943 by Dr Lalit Khaitan and is headquartered in Rampur, Uttar Pradesh. Their brands include Magic Moments, 8 PM Whiskey, Contessa Rum, and Old Admiral Brandy. The company sells its brands in more than 85 countries.

Top Liquor Stocks #4 –Globus Spirits

Globus Spirits logo

Globus Spirits Ltd. was founded in 1992 and since then has come a long way in a short period of time. The company caters to four segments i.e.  Indian Made Indian Liquor (IMIL), Indian Made Foreign Liquor (IMFL), IMFL Bottling, and bulk alcohol. It currently has a market cap of Rs 2,500 Cr.

The company is famous in the segment of country liquor better known locally as ‘desi daru’. According to Globus, the Indian country liquor is about 242 million cases with a growth rate of about 7% per annum. Its famous brands include Officer’s Choice, White Lace, Samurai Rana Rajasthan No 1, Ghoomar Samalkha No 1, etc.

ALSO READ

10 Monopoly Stocks in India That Have Conquered the Industry!

Top Liquor Stocks #5 –GM Breweries

Top Liquor Stocks - GM Breweries logo

G.M.Breweries Limited (GMBL) was set up in 1981 by Shri Jimmy William Almeida. He created the company with the aim of providing the finest quality country liquor to the common man at the lowest possible price. It is headquartered in the state of Maharashtra. GM Breweries Ltd. currently has a market cap of Rs 1,100 Cr.

The company manufactures country liquor (CL) and Indian-made Foreign Liquor (IMFL). Its top brands include Pioneer Doctor Brandy, Pioneer Special Doctor Brandy, Hot Shot Rum, and Reporter Choice Whisky. 

Top Liquor Stocks #6 -Assoc Alcohol and Breweries

Top Liquor Stocks - Assoc Alcohol logo

Assoc Alcohol was set up in Calcutta in the year 1989. The company was promoted by B. P. Kedia and A. K. Kedia scions of the Kedia family. They began by producing IMIL (Indian Made Indian Liquor) and has grown over the years to also produce international brands. 

It currently has a market cap of Rs 750 Cr. Since its initial stages, the company has been a leading producer for the Government of Madhya Pradesh. Its leading brands include Central Province Whisky, Titanium Vodka, Bombay Special Whisky, etc.

Top Liquor Stocks #7 –Tilaknagar Ind

Top Liquor Stocks - Tilaknagar Ind logo

Tilaknagar Industries was  Founded in 1933 by Shri Mahadev L. Dahanukar. It was initially incorporated as Maharashtra Sugar Mills. It was then engaged in the manufacture of sugar and allied products.

They were forced to move out of the sugar business after the 1987  Indian legislation was introduced compelling all sugar production to be managed by co-operative schemes.

The group was then called Tilaknagar in honour of Dahanukar’s friend, the independence activist Bal Gangadhar Tilak. They then entered the liquor segment.  The company today has a market cap of Rs 2,250 Cr. Its current portfolio of liquor includes brandy, whisky, vodka, gin, and rum.

Its most popular brands are Madira Rum and Mansion House brandy, which are among the biggest-selling spirits in their respective categories. The company also produces Scotch-whisky ‘Seven Islands’ in collaboration with BenRiach distillery.

Top Liquor Stocks #8 –Som Distilleries and Breweries

Top Liquor Stocks - Som Distillerie logo

Som Distillerie was incorporated as a public limited company in 1993 by J K Arora and A K Arora. The company is currently located in Bhopal, Madhya Pradesh.  Its current portfolio of liquor includes rum, vodka, beer, gin, scotch whiskey, and other distilled and blended liquor. The company currently has a Mcap of Rs 875 Cr.

Its popular brands include Hunter and Woodpecker in beers, Pentagon Gold Edition whisky, Milestone Blue and Legend Premium whisky, White Fox vodka, Milestone brandy, Pentagon rum, and Black Fort rum.

Top Liquor Stocks #9 -Sula Vineyards

Top Liquor Stocks - Sula Logo

Sula Vineyards is a recently listed wine company with a market cap of Rs 2,800 Cr. It was founded more than 20 years ago in 1999 by Rajeev Samant.

The company operates vineyards and is engaged in the production of wines. In addition to this, Sula also offers wine-tasting sessions, winery tours, gourmet dining options, and hosting services for events and weddings.

It has grown to lead India’s wine segment over the years, winning multiple awards during the period. Not just this, it also leads in sustainability efforts with 60% of its winery and hospitality operations being powered by solar energy.

Closing Thoughts

In this article, we discussed the top Liquor Stocks in India. The Indian liquor industry has kept growing in leaps and bounds. Could this be an opportunity to try these companies … at least as investments.  Let us know what you think of liquor stocks as an investment opportunity below. Cheers! 

tradebrains portal app download
Aron Almeida Equity Research Trade Brains
Aron Almeida

Aron, Bachelors in Commerce from Mangalore University, entered the world of Equity research to explore his interests in financial markets. Outside of work, you can catch him binging on a show, supporting RCB, and dreaming of visiting Kasol soon. He also believes that eating kid’s ice-cream is the best way to teach them taxes.


Start Your Stock Market Journey Today!

Want to learn Stock Market trading and Investing? Make sure to check out exclusive Stock Market courses by FinGrad, the learning initiative by Trade Brains. You can enroll in FREE courses and webinars available on FinGrad today and get ahead in your trading career. Join now!!

  1. Senti Moate
    Senti Moate on February 3, 2022 at 10:45 pm

    Good day, my name is Senti Moate in South Africa, I am interested in your products , intending to buy products in bulk because I am running a small business for leaving, what procedure to follow to make business with you, I saw your products in social media and I was impressed

    Reply
  2. Narender
    Narender on October 6, 2022 at 11:10 pm

    Hi,
    Today curtain has been turned off, Now I can see Horizon with Great Tranquility.
    I wondered all the time, I always think that all brands have their distillery, but the fact is disclosed, That founds highly interesting.

    We also deal in same.

    Best digital institute in delhi

    Reply

Submit a Comment Cancel reply

Your email address will not be published. Required fields are marked *

Search Topic or Keyword

Trending Articles

  • Best Flexi Cap Mutual Funds in India - Cover ImageBest Flexi Cap Mutual Funds in India – Features & Complete List
  • Top Green Hydrogen Stocks in India - Cover ImageBest Green Hydrogen Stocks In India To Add To Your Watchlist in 2023
  • Fundamental Analysis Of Bharat Dynamics - Cover ImageFundamental Analysis Of Bharat Dynamics – Company, Future Plans & More
  • World Stock Market Timings - Cover ImageWorld Stock Market Timings in Indian Standard Time (IST)
  • Top Blue chip Mutual Funds in India - Cover ImageTop Blue Chip Mutual Funds In India 2023 – Expense Ratio & More Details
  • What is EBITDA Margin - Cover ImageWhat is EBITDA Margin In Stock Market? Calculations, Limitation & More
  • Top Dividend Paying Mutual Funds - Cover ImageTop Dividend Paying Mutual Funds In India – CAGR, Expense Ratio & More
  • Fundamental Analysis of Petronet LNG - Cover ImageFundamental Analysis Of Petronet LNG – Financials, Future Plans & More
  • Udayshivakumar Infra IPO Review - Cover ImageUdayshivakumar Infra IPO Review – Strengths, Financials & More
  • Fundamental Analysis of Bharat Electronics - Cover ImageFundamental Analysis Of Bharat Electronics – Financials & More

Recent IPO’s

  • Udayshivakumar Infra IPO Review – Strengths, Financials & More
  • Global Surfaces IPO Review – Strengths, Weaknesses & More
  • Divgi TorqTransfer Systems IPO Review
  • Sah Polymers IPO Review 2022 – GMP, Strengths, & More!
  • Radiant Cash Management IPO Review – Strengths, Weaknesses & More!

Easiest Stock Screener Tool!

Best stock discovery tool with +130 filters, built for fundamental analysis. Profitability, Growth, Valuation, Liquidity, and many more filters. Search Stocks Industry-wise, Export Data For Offline Analysis, Customizable Filters.

  • — Stock Screener
  • — Compare Stocks
  • — Stock Buckets
  • — Portfolio Backtesting

Start your stock analysis journey with Trade Brains Portal today. Launch here!

Keep the Learning On!

Subscribe to Youtube to watch our latest stock market videos. Subscribe here.

About Trade Brains

Trade Brains is a Stock market analytics and education service platform in India with a mission to simplify stock market investing.

Phone: [+91] 8088491790
EMail: info@tradebrains.in

To Advertise/Press Releases/Get backlinks on this website, please e-mail us at advertise@tradebrains.in

Quick Links

  • Trade Brains Portal
  • Stock Screener
  • Compare Stocks
  • Trade Brains News
  • Fair Value Calculator
  • Fingrad Academy
  • Subscribe on Youtube

Resources

  • Stock Market Courses
  • How to Start Investing?
  • Value Investing Course
  • Must-Read stock market books
  • Stock Analysis Guide
  • Options Trading Course
  • Technical Analysis Course

Download Our Apps

Trade Brains Portal Google playstore

Trade Brains Portal Appstore

  • About
  • Careers
  • Advertise & Backlinks
  • Terms and Conditions
  • Disclaimer & Privacy Policy
  • Contact
  • Facebook
  • Twitter
  • Instagram
  • RSS
2023 © Dailyraven Technologies Pvt Ltd - All Right Reserved