Breweries & Distilleries sector
14 companies · ₹2.5 L cr · 11 with AI deep dives
5y revenue CAGR
median 15.17%(p25 11.7% · p75 29.26%)
5y avg ROCE
median 17.1%(p25 11.49% · p75 18.96%)
Debt / equity
median 0.47x(p25 0.11x · p75 0.62x)
AI sector brief
from the bucket's latest earnings calls · as of 2026-03-31tailwindPremiumisation: P&A volumes growing double-digits while economy segments stagnate7 managements
Seven companies cited accelerating Prestige-and-Above growth as the primary volume and mix driver. ABDL's P&A reached 47.2% of total volume (+26.8% YoY); Radico's P&A grew 28.5%…
- RADICO (Q4FY26): “EBITDA margin during the quarter stood at 19%, expanding 565 basis points year-on-year…”
headwind6 managements🔒tailwind5 managements🔒tailwind5 managements🔒headwind4 managements🔒headwind3 managements🔒
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| Company | Mcap | AI verdict | Signals | Stated KPIs (latest call) |
|---|---|---|---|---|
| United Spirits Ltd | ₹1.1 L cr | Unlock | roce compounderroce compounder consumernet cash | |
| Radico Khaitan Ltd | ₹57,409 cr | Unlock | earnings quality strong | |
| United Breweries Ltd | ₹37,942 cr | Unlock | ||
| Allied Blenders & Distillers Ltd | ₹17,388 cr | Unlock | roce compounderroce compounder consumerearnings quality weakdeleveraging | |
| Tilaknagar Industries Ltd | ₹11,062 cr | Unlock | latent operating leverageearnings quality weakdeleveraging | |
| India Glycols Ltd | ₹7,654 cr | Unlock | earnings quality strong | |
| Globus Spirits Ltd | ₹2,567 cr | Unlock | earnings quality strong | |
| G M Breweries Ltd | ₹2,049 cr | Unlock | roce compounderearnings quality weak | |
| Associated Alcohols & Breweries Ltd | ₹1,525 cr | Unlock | net cash | |
| Som Distilleries & Breweries Ltd | ₹1,469 cr | Unlock | capex coming onlineearnings quality strong | |
| Sula Vineyards Ltd | ₹1,344 cr | Unlock | earnings quality strong | |
| BCL Industries Ltd | ₹1,020 cr | Unlock | latent operating leverageearnings quality strongdeleveraging | |
| IFB Agro Industries Ltd | ₹930 cr | Unlock | latent operating leverageearnings quality strongcapital destroyer | |
| Ravikumar Distilleries Ltd | ₹47 cr | Unlock | latent operating leveragelevering upcyclical peak base |