Tipsy Earnings? Top Liquor Stocks To Invest In India In 2024

Why Invest In Liquor Stock?

The Indian alcohol market presents a lucrative investment opportunity, driven by the expanding middle class, increasing disposable income, and evolving attitudes toward alcohol consumption.

United Spirits

United Spirits Ltd., a division of Diageo plc, stands out as a premier player in the Indian liquor market. The company produces a diverse range of alcoholic beverages, including whisky, brandy, rum, vodka, gin, and wine. Renowned brands like McDowells No. 1, Royal Challenge, Signature, and Antiquity are part of its Indian-made foreign spirits (IMFL) portfolio. Additionally, United Spirits imports and sells globally recognised Diageo brands in India, such as Johnnie Walker, VAT 69, Black & White, Smirnoff, and Ciroc.

Radico Khaitan

Radico Khaitan Ltd (RKL) has established itself as a leading maker, distributor, and marketer of alcoholic beverages. The companys product line includes domestic spirits, international spirits created in India, and imported wine and spirits. RKL produces a variety of alcoholic beverages, encompassing rectified spirits, whisky, rum, vodka, and brandy.

Sula Vineyards

Founded in 1999 by Rajeev Samant, Sula Vineyards has emerged as Indias top winery, offering a range of award-winning wines. The company is a major player in the import of foreign wine and spirits, positioning itself among the top three importers in India through its subsidiary Sula Selections. Sula Vineyards aims to revolutionise the alcohol industry nationally.

Globus Spirits

Globus Spirits Ltd. specialises in the production, marketing, and sale of bulk alcohol, sanitisers, and Indian Made Foreign Liquor (IMFL) and Indian Made Indian Liquor (IMIL). The companys product lineup includes whisky, brandy, vodka, rum, and gin, featuring popular brands like Heer Ranjha and Country Club.

Tilaknagar Industries

Tilaknagar Industries Limited (TI) is a key player in the alcoholic beverage market, offering a variety of products such as whisky, brandy, rum, vodka, and gin. Mansion House Whisky, Senate Royale, and Madiraa are among the notable brands under which TI sells its products.

Disclaimer

While the mentioned companies represent some of the best liquor stocks in India for 2024, investors should exercise caution. Understanding regulatory challenges, assessing investment and risk appetite, and being aware of potential downfalls are crucial before venturing into this sector.