Liquor Firms

India's water scarcity, state laws creating risks for beverage giants

India bars liquor movement across state borders without permits, forcing companies to set up production in each state despite water scarcity

Triveni Engineering rises 3% on Delhi entry with premium whisky launch

Triveni Engineering shares gained after the company announced its entry into Delhi's IMFL market, expanding its presence in the fast-growing premium & super-premium whisky segment.

Radico Khaitan premium push intact; Antique raises target to ₹3,800

Antique believes Radico's flagship premium whisky brand After Dark is on track to clock 3.5 million cases in FY26, up sharply from 1.9 million cases in FY25.

Cristal Azul targets 150,000 cases and ₹150 crore India revenue by 2026

New York-born, Mexico-produced tequila Cristal Azul is targeting 1.5 lakh cases and Rs 150 crore in revenue in its first two years in India, betting on premium spirits growth

Radico Khaitan surges 6%, hits record high; analysts see more upside

Looking ahead, Radico's management remains confident of delivering strong double-digit growth in the Prestige & Above category, enhanced profitability and a continuous focus on cash flow generation.

Allied Blenders plans double-digit growth, higher margins by FY27

Allied Blenders plans to invest Rs 547 crore to strengthen backward integration, expand globally, and grow its premium and luxury portfolio, aiming for higher margins and sustainable growth

White spirits lead Radico's growth story; Q2 net profit rises 73%

Radico Khaitan's net profit jumps 73% to Rs 139.5 crore in Q3FY26 as white spirits like vodka and gin outpace brown spirits in driving premiumisation

Radico Khaitan gets temporary relief in 'Kashmyr' trademark dispute

The Chandigarh HC stayed an injunction order against Radico Khaitan in the 'Kashmyr' trademark dispute filed by Piccadilly, allowing the company to continue business operations till the next hearing

Why did Systematix initiate coverage on Radico Khaitan? 16% upside seen

Radico Khaitan is entering a phase of strong operating leverage, with margin expansion, healthy cash flows, and a visible path to debt reduction by FY27

Delhi drinkers may soon pay Gurugram-like prices for premium liquor

Delhi government is weighing bringing premium alcohol prices at par with Gurugram and Faridabad, as fixed retail margins in the capital push buyers to neighbouring cities

Flying off the shelves: Duty-free liquor sales at Indian airports rise 13%

Global drinks firms are banking on India's rising disposable incomes and Gen Z travellers' premium tastes to power growth of duty-free liquor sales in coming years

Radico up 52% in 7 months; JM Financial initiates coverage with 'Buy' call

JM Financial Institutional Securities initiated coverage on Radico Khaitan with a 'Buy' rating and a target price of ₹3,515.

Why did share of this alcoholic beverage company rise 2% in trade today?

United Breweries share price was trading 1.6 per cent higher at ₹1,824.3 per share against the previous close of ₹1,795.8 on the NSE

Higher input costs likely to hit near-term margins of United Spirits

United Spirits' revenue grew in the June quarter, driven by volume growth, but margins were hit by higher advertising and promotional costs. Brokerages see price correction as a potential opportunity.

Mukul Agrawal portfolio liquor stock rallies 6%, hits new high. Do you own?

Radico Khaitan shares hit a new high, as they rallied 6% after the company reported strong earnings for the June quarter

What's driving Allied Blenders, Globus Spirits stock today? Find out here

Allied Blenders has surged 87% from its 52-week low; while Global Spirits has rallied 37% so far in July.

India's top 18 states' revenues to grow 7-9% in FY26, says Crisil report

Crisil forecasts 7-9% revenue growth for India's top 18 states in FY26, driven by GST, liquor sales, and Centre support, with slower growth than the 10% decadal average

This spirit-maker stock is high on momentum; check name, strategy here

The share price of this alcoholic-beverage maker has rallied 21% in the last 9 trading sessions; technical chart suggests a potential upside of another 17% from here.

USL ends growth bender with a regulatory hangover, margin pressures loom

The buzz wears off in a sobering 2025-26 reset marked by excise shocks, soft volumes, and thinning margins

Delhi govt grosses Rs 2,662 cr from Q1FY26 liquor sales: Data

Delhi government corporations sold about 16.96 crore liquor bottles in the first quarter of 2025-26, grossing over Rs 2,662 crore, officials said on Saturday. The figure was over 1 crore more than the number of liquor bottles sold during the same period last fiscal, they said. Delhi State Industrial Infrastructure Development Corporation (DSIIDC) recorded the highest sale of 5.29 crore bottles of different kinds of liquor from April to June, 2025. This was followed by sale of 5 crore bottles by Delhi Tourism and Transport Development Corporation (DTTDC), 3.65 crore bottles by Delhi State Civil Supplies Corporation (DSCSC) and 2.91 crore bottles by Delhi Consumer's Cooperative Wholesale Store (DCCWS), showed official figures. In the current excise policy, retail liquor sale in Delhi is carried out solely by the government through its four agencies -- DSIIDC, DTTDC, DSCSC and DCCWS -- which operate over 700 vends. In the first quarter of the last fiscal, the four corporations recor