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PREMIUM LIQUOR GROWTH
IMFL segment: Premium products share expected to hit 35-36 pc in 3-4 years, says industryThe India-UK Free Trade Agreement, which became effective from July this year, is supporting premiumisation in the domestic spirits market ...
John Distilleries surpasses Rs 10,000 crore revenue in FY26; Sazerac become majority shareholderIn FY26, John Distilleries Ltd demonstrated remarkable growth, achieving a revenue of Rs 10,820.10 crore and a net profit of Rs 11.6 crore,...
Karnataka liquor volumes flat in H1 as beer gets three cheersKarnataka observed significant growth in beer sales, rising by 41% in the first half of the fiscal year. Indian-made liquor sales, however,...
Nomura initiates coverage on Allied Blenders with Buy rating, sees up to 20% upsideNomura has initiated coverage on Allied Blenders & Distillers with a Buy rating and a target price of Rs 850, implying nearly 20% upside. T...
In 2013, George Clooney started a tequila brand as a side project with friends; 4 years later, Diageo agreed to buy Casamigos for up to $1 billionGeorge Clooney’s Casamigos gamble became a billion-dollar success. In 2013, Clooney and friends Rande Gerber and Mike Meldman began making ...
Devans expands beer footprint as costs squeeze marginsDevans Modern Breweries is expanding its beer business into new Indian markets. The company is also developing a premium spirits portfolio ...
Thinking long term and enduring volatility is the only way out: 5 mid-caps from different sectors with upside potential of up to 24%If you are an investor with some skin in the game, be ready to see some underperformance. Why? Because valuation readjustment can take more...
Beer gets its buzz going as spirits market sobers upState-level tax increases hurt demand for spirits, with growth at only 2%; beer volumes jump 17%, led by Maharashtra and Karnataka.
Tough task: Staying invested in businesses while ignoring noise called Gulf war; 6 mid-cap stocks with upside potential of up to 23%Trying to time the market turns volatility into something that beats an investor twice: Once on the way down, and once on the way up. So, i...
Mansion House maker bets on India’s tequila boomTilaknagar Industries is expanding its spirits portfolio into tequila. The company will acquire a significant stake in Black Tiger Distille...
Peg by peg, Vodka's share is rising in IndiaVodka is capturing a record share of India's liquor market, driven by younger consumers and women. This trend marks a major structural shif...
Pernod Ricard weighs options for India IPO, kicks off legal processPernod Ricard has confirmed that its board is evaluating a potential IPO of its Indian operations and has begun legal preparations to keep ...
Pernod Ricard India sales rise 7% in FY26; IPO plan under discussionPernod Ricard reported seven percent sales growth in India for fiscal year twenty twenty six. The company is discussing a potential initial...
Tilaknagar Industries open to another large deal after Imperial Blue buyout, chairman saysTilaknagar Industries is open to another large deal after its recent acquisition. Consolidation is gathering pace in India's dynamic liquor...
Varun Beverages to foray into alcohol biz, set up subsidiaryVarun Beverages is entering the alcohol business by incorporating a new subsidiary. The company has appointed Prathmesh Mishra as the chief...
Varun Beverages forays into alcohol business, names ex-Diageo executive Prathmesh Mishra to lead new unitVarun Beverages will enter the alcoholic drinks market with a new subsidiary. The company appointed a former Diageo executive to lead this ...
Liquor sales volume grows 14% in FY23, premium segment over Rs 1,000 grows 48%In FY23, whisky remained the largest segment with an expected sales volume of 243 million cases, contributing 63 per cent of sales of the t...