Liquor Firms

Alcoholic beverage industry seeks price hike as costs rise amid Iran war

Alcoholic beverage makers have sought a reasonable price hike from state governments to deal with pressures arising out of rising can and bottle costs due to supply chain disruptions triggered by the West Asia crisis. Confederation of Indian Alcoholic Beverage Companies (CIABC) and the Brewers Association of India (BAI) have urged states to allow revisions of IMFL (Indian Made Foreign Liquor), wine and beer products and provide interim relief measures to help manufacturers cope with rising production costs. BAI has asked state governments to allow suppliers a price increase of 15-20 per cent to partially offset the impact of rising input costs. In letters sent to state governments, BAI Director General Vinod Giri said the conflict has triggered a sharp increase in input costs across categories. "Glass bottle prices have risen by around 20 per cent, paper cartons have increased by almost 100 per cent, and materials such as LDPE, BOPP and adhesives have become costlier by 20-25 per .

Liquor maker Radico resumes shipments to West Asia as tensions ease

The maker of Rampur whisky and Jaisalmer gin derives 5 per cent to 6 per cent of sales volumes and 9 per cent to 10 per cent of revenue from exports, of which it does not provide a regional split

Results preview: Liquor companies brace for mixed Q4 FY26 showing

Among them, spirits firms seen reporting steady performance

Liquor stocks: Radico, Globus, ABDL, Tilaknagar, USL, UBL rally up to 7%

Pernod Ricard reported strong growth in India mainly driven by premiumisation thus giving a positive outlook for other liquor companies operating in the country.

Liquor stocks: Radico Khaitan, Globus, United Spirits, UBL soar up to 8%

Liquor stocks: Karnataka Chief Minister Siddaramaiah today announced a shift to a global taxation standard and the complete deregulation of alcohol pricing.

Jack Daniel's maker Brown-Forman to launch more premium brands in India

India's affluent buyers splurge on everything from jewellery to pricey liquor, making the country a focus for global brands

Beer industry to invest ₹5,500 crore in UP in next three years: BAI

The brewing industry will invest around Rs 5,500 crore in Uttar Pradesh in the next three years on setting up of greenfield units and its ancilleries, industry body BAI said. The beer industry is "betting big" on Uttar Pradesh, said the Brewers' Association of India (BAI), while welcoming the new excise policy announced by the state government, termed it "progressive" and has a "well-balanced approach" for the growth of the industry. "The beer industry and its ancillary industries will be investing Rs 5,500 crore in the next three years," said BAI Director General Vinod Giri. Elaborating the projects, he said work on two greenfield breweries costing around Rs 1500 crore is already underway. "Similarly, two major aluminium can production plants, which entail investment of Rs 2,000 crore, are also in the pipeline, while a few glass production units worth Rs 2,000 crore will also come up soon," Giri told PTI. In addition, plans are underway for the malting unit and paper box makers,

Pernod Ricard sees strong growth momentum in H2, rules out India IPO

French liquor major Pernod Ricard has ruled out an IPO of its India business as part of its deleveraging strategy, even as it reported a 4 per cent rise in net sales in the country. With growth accelerating to 8 per cent after excluding Imperial Blue, a brand that has now been disposed of and closed by the French Liquor major, it expects the momentum to continue in the second half of FY'26, its Chairman & Chief Executive Officer Alexandre Ricard said. The company, which follows a July-to-June fiscal year, has achieved this growth despite a challenging first quarter, which was "severely impacted" by a very strong tax increase in Maharashtra, said Ricard on the post-earnings call last week. "We expect to see this momentum continue over the second half (H2)," he said in his opening remarks. The Pernod Ricard CEO highlighted that its international spirits portfolio is witnessing a "strong double-digit growth in India, reflecting the ongoing premiumization of the market. India's growth

United Breweries gets sound mark for 'Oo La La La Le O' Kingfisher jingle

United Breweries secures trademark protection for its iconic 'Oo La La La Le O' Kingfisher jingle, reinforcing sound as a legally protected brand asset in India

Sanjay Dutt's The Glenwalk targets ₹200 crore revenue by March 2026

Premium Scotch brand co-founded by Sanjay Dutt aims to sell 2.4 lakh cases by March 31 and expand its portfolio with five new variants

Brokerages cheer Radico Khaitan's Q3 show; premium push, margins shine

Margins were a key positive surprise, analysts said. Gross margin expanded sharply to 46.5 per cent, aided by stable ENA and grain prices and a richer product mix.

Radico Khaitan sees FY27 revenue growth above estimates on premium demand

Managing Director Abhishek Khaitan said on Thursday he expects sales volume in the company's "prestige and above" business, which makes up roughly half of its total revenue, to climb over 15%

ICICI Securities retains 'Add' on United Spirits despite Q3 volume pressure

ICICI Securities on United Spirits: Despite volume pressure, USL reported steady revenue growth, aided by premiumisation.

Nomura bets on United Spirits as India's alcohol industry turns premium

In a note starting coverage on USL with a 'Buy' rating & target of ₹1,650, Nomura said the sector is seeing a paradigm change as consumers move away from 'drinking more' to 'drinking better'.

Fake liquor factory busted in Nagpur; ₹24 lakh stock, other items seized

The state excise department has busted a factory producing counterfeit Indian-made foreign liquor in Nagpur district, seizing alcohol stock and other materials valued at Rs 24.67 lakh, officials said. The excise personnel on Tuesday conducted a raid on a bungalow at Gondwana Pimpri in the Hingna area where the illegal unit was operating, an official said. They seized 1,090 litres of counterfeit liquor blend, 356 bottles of a liquor banned for sale in Maharashtra, and 90 bulk litres of another fake liquor. Equipment such as an electronic bottle sealing machine, fake labels, bottle caps, empty bottles, and a four-wheeler vehicle were also seized, the official said. A case has been registered against seven persons, he added.

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.