Liquor Stocks in India: Alcohol consumption in India is not quite popular compared to other Western countries. The liquor sector is an evolving market in India and Indians consume almost half of the whiskey produced in the world. This is mainly due to our huge population. Indians’ alcohol intake is increasing year by year and now it has increased by 38% in the last 7 years.
if you are a stock investor then the liquor sector should be on your watchlist. The biggest advantage of the liquor sector is alcohol is addictive. People can easily get addicted to alcohol. This is not good from a health perspective but it is good for business. Also, alcohol is something which people consume in happiness as well as in sorrow. Now In tier 1 cities, there is no party which is done without alcohol. Looking from a stock investor perspective we have made a list of the best Liquor Stocks in India To Watch in 2024.
Table of Contents
Liquor Stocks in India #1–Radico Khaitan
Radico Khaitan Ltd. (RKL) is one of the oldest and largest manufacturers of Indian Made Foreign Liquor (IMFL). It is a manufacturer of industrial alcohol and country liquor. The market cap of Radico Khaitan is ₹22,651 Cr, making it is mid-cap company. Currently, its P/E Ratio(TTM) is 95.60. Its share has delivered more than 50% return in the last year.
Dr Lalit Khaitan founded this company in the year 1943. They manufactured Whisky, Rum, Vodka, Brandy, and Gin. Also they focus on both premium as well as affordable products. Rampur Indian single malt whisky is their premium whisky and it is getting quite popular among the masses. Whereas Magic Moments is already popular as an affordable vodka.
Liquor Stocks in India #2–United Spirits
United Spirits Limited is an Indian company. It is the world’s second-largest spirits company by volume. The market cap of United Spirits is ₹78,914 Cr, making it is Large-Cap company. Currently, its P/E Ratio(TTM) is 67.66. Its share has delivered more than 15% return in the last year.
It was formed in the year 1826. Previously the company was known as McDowell & Company Limited. Later in October 2006, its name changed to United Spirits. They manufactured Whisky, Vodka, Brandy, and Gin. As United Spirit is a two-century-old company, its product is already quite popular. United Spirits is known for famous brands like McDowell’s, Royal Challenge, Signature, Black Dog, Antiquity etc.
Liquor Stocks in India #3–United Breweries
United Breweries (UB) is an Indian alcoholic beverage company. United Berries dominates the beer market and largest beer producer in India. Their flagship brand, Kingfisher is quite popular and become a second name for beer. Apart from Beer, they are also into Premium Packaged Drinking Water and Strong and Storm Soda. United Breweries products are sold in over 60 countries worldwide.
The market cap of United Breweries is ₹45,213 Cr, making it is Large-Cap company. Currently, its P/E Ratio(TTM) is 180. Its share has delivered a negative of around 3% return in one year.
It was formed in the year 1915. Vittal Mallya bought a majority stake in the company in the year 1947. In the recent past company faced some difficulties when chairman Vijay Mallya was arrested in a money laundering case.
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Liquor Stocks in India #4–Piccadilly Agro Industries
Piccadilly Agro Industries Ltd (PAIL) is an Indian company. It is involved in the manufacture and sale of alcoholic beverages, sugar, and industrial alcohol. They are the Largest independent manufacturer and seller of malt spirits in India. The market cap of Piccadilly Agro Industries is ₹2,065.56 Cr, making it is Small-Cap company. Currently, its P/E Ratio(TTM) is 61. Its share has delivered a massive return of around 350% in one year.
They manufactured single-malt whiskey, Rum, and Blended malt whiskey. They have only four brands and in the last year, their single-malt indri whisky won the best single malt whisky in the world award. After this recognition and award, more and more people are looking towards their brand and their products. The best part is they are not only focusing on alcohol they also manufacture Ethanol and White crystal sugar.
Top Liquor Stocks in India #5 – Sula Vineyards
Sula Vineyards is an Indian company. It is a leading winery and vineyard located in Nashik. Rajeev Samant founded this company in 1999 year. Along with the production of wines, it also offers vineyard,wine-tasting sessions, winery tours, and hosting services for events and weddings. Wine culture is very new in the Indian market and it is the only company which is in the manufacturing of wine.
The market cap of Sula Vineyards is ₹3,922 Cr, making it is Small-Cap company. Currently, its P/E Ratio(TTM) is 43. Its share has delivered a massive return of around 40% in one year. It is a recently listed company, on 23, December 2022 it is listed on the stock market.
They manufactured Red Wines, White Wines, Rose Wines, and Dessert Wines Sparkling Wines. Their wines are getting globally recognised and winning many awards as well. The company promoters believe that in the upcoming years, the wine culture is going to increase rapidly in India. Right now most people in Tier 1 cities in India prefer wine over alcohol but slowly Tier 2 and Tier 3 people are also trying wines.
Conclusion
The Indian liquor industry is evolving industry and it is going to grow only. For this particular industry, it doesn’t matter whether the economy is in a recession or it is growing. In this article, we have discussed the top Liquor Stocks in India. Please do your research and consult your financial advisor before investing in any stock. Whatever we have discussed in this article is just for knowledge purposes.
