Top Liquor Stocks in India by Market Capitalization

Discover India's leading liquor companies driving the beverage industry's growth and shaping market dynamics with strong financial performances.

Liquor Industry Overview

India's liquor industry contributes 2% to GDP and employs over 80 lakh people. Stringent regulations govern production and sale while rising incomes and urbanization fuel demand.

United Spirits

Market Cap: ₹1,13,972 Crore United Spirits leads the Indian liquor industry with iconic brands like McDowell’s No.1, Royal Challenge, and Signature. The company’s focus on premiumization has strengthened its market position. Data as of 26th December 2024. Source – NSE

United Breweries

Market Cap: ₹53,280 Crore United Breweries dominates the beer segment in India with its flagship brand Kingfisher. The company’s extensive distribution network ensures widespread market access. Data as of 26th December 2024. Source – NSE

Radico Khaitan

Market Cap: ₹34,008 Crore Radico Khaitan is renowned for its premium spirits, including Magic Moments Vodka and 8PM Whisky. The company has a strong global presence with growing exports. Data as of 26th December 2024. Source – NSE

Allied Blenders

Market Cap: ₹11,814 Crore Allied Blenders is a key player in the Indian whisky market, best known for its brand Officer’s Choice. It continues to capture the price-sensitive segment effectively. Data as of 26th December 2024. Source – NSE

Piccadily Agro

Market Cap: ₹9,552 Crore Piccadilly Agro specializes in grain-based distillation, emphasizing sustainability and quality. It is gaining prominence in both domestic and export markets. Data as of 26th December 2024. Source – NSE

Tilaknagar Industries

Market Cap: ₹8,087 Crore Tilaknagar Industries is known for its flagship brand Mansion House Brandy. The company has carved a niche in the Indian liquor market. Data as of 26th December 2024. Source – NSE

Sula Vineyards

Market Cap: ₹3,451 Crore Sula Vineyards is the pioneer of Indian wine production, with well-known brands like RASA and Dindori Reserve. It dominates the premium wine segment. Data as of 26th December 2024. Source – NSE

Globus Spirits

Market Cap: ₹2,541 Crore Globus Spirits excels in the production of high-quality country liquor and grain-based spirits, catering to diverse market needs. Data as of 26th December 2024. Source – NSE

Som Distilleries

Market Cap: ₹2,068 Crore Som Distilleries offers a mix of beer and spirits, with popular products like Hunter Beer and Milestone 100 Whisky. Data as of 26th December 2024. Source – NSE

Conclusion – A Toast to Growth

India's liquor market is flourishing, driven by urbanization and rising incomes. Companies like United Spirits and Radico Khaitan lead the charge.