Top 10 Beverage Stocks In India

Best Beverage Stocks

Consider this: we often begin every morning with a steaming cup of tea or coffee and wrap up with a chilled beer or soft drink. Yet, we rarely give much thought to the successful companies that manufacture these beverages, even though their products are such an integral part of our daily lives. The fact is that the beverage industry does more than just satisfy thirst, as it also offers good investment opportunities as well.

This blog explores the top 10 beverage stocks in India, which are companies that produce the beverages we all enjoy and that investors are keeping an eye on for consistent growth. 

What Are Beverage Stocks?

Beverage stocks are essentially stocks of companies that manufacture, package, or sell beverages, including fruit juices, energy drinks, bottled water, fizzy colas, coffee, and even alcoholic beverages like beer, vodka, and whisky.

There are two major categories:

  • Non-alcoholic (such as protein shakes, tea, or soft drinks)
  • Alcoholic beverages (such as whisky, rum, and beer)

Regardless of the economic circumstances, people buy beverages, which is why these stocks are generally considered dependable choices for long-term investments.

List Of 10 Best Beverage Stocks 

CompanyCurrent Market Price (In ₹)Market Capitalization (In ₹ Crores)52-Week High (In ₹)52-Week Low (In ₹)
Varun Beverages4511,52,524683419
United Breweries1,98352,4332,3001,810
Radico Khaitan2,58234,5472,7901,628
Allied Blenders & Distilleries42211,798455279
Tilaknagar Industries3436,644457200
Som Distilleries & Breweries 1573,06317395.6
Globus Spirits9592,7781,373751
Sula Vineyards3042,564514243
G.M. Breweries7451,7031,049579
Orient Beverages22348.1416211
(Data as of 3 July 20, 2025)

Read Also: List Of Best FMCG Stocks In India

Overview Of 10 Best Beverage Stocks In India

An Overview Of The 10 Best Beverage Stocks In India Is Given Below:

1. Varun Beverages 

Pepsi and all the soft drinks associated with the PepsiCo brand you enjoy in India are made by Varun Beverages. It was founded in 1995 and is now one of the biggest PepsiCo bottlers outside of the U.S. They bottle and sell everything from Mountain Dew to Slice, Tropicana, and Aquafina. The company has grown quickly, especially in smaller cities, and has a pretty good distribution network. Varun Beverages has modern facilities and is focused on growth, making it one of the strongest companies in India’s non-alcoholic beverages market.

Know the Returns:

1Y Return (%)3Y Return (%)5Y Return (%)
-29.52%186.49%631.20%
(Data as of 3 July 20, 2025)

Read Also: Varun Beverages Case Study

2. United Breweries 

Talking about beer in India would be impossible without mentioning United Breweries’ flagship product, Kingfisher. This company was founded in 1915 and has since become one of the most renowned brands in the beer industry in India. Currently, Heineken owns the majority of this Bengaluru-based company. Beverages manufactured by United Breweries are available all over India, making them perfect whether it’s at a cricket match, a party, or a restaurant.

Know the Returns:

1Y Return (%)3Y Return (%)5Y Return (%)
-3.64%31.31%88.81%
(Data as of 3 July 20, 2025)

3. Radico Khaitan 

Radico Khaitan has been around since 1943. But it flourished in the late 1990s when it introduced new brands, like Magic Moments vodka and 8 PM whisky. These names are now very popular. Radico doesn’t just do business in India; it ships its products to more than 30 other countries. It has also created an international division, namely Radico International in the year 2003 and introduced brands such as Beck’s Beer and wines from E&J Gallo in the Indian alcohol market.

Know the Returns:

1Y Return (%)3Y Return (%)5Y Return (%)
51.96%204.21%607.53%
(Data as of 3 July 20, 2025)

4. Allied Blenders & Distillers

When discussing whisky in India, Allied Blenders & Distillers is always mentioned. ABD, which is well-known for brands like Officer’s Choice and Sterling Reserve, made a big impression with its initial public offering (IPO), debuting almost 13% above its offer price. It is a key player in the alcohol industry, distributing a wide range of products, including whiskey, rum, vodka, brandy, and other spirits. The company holds a strong global presence, exporting its products to over 22 countries.  Its early success in the public market, despite a high P/E, demonstrates how much investors trust this company.

Know the Returns:

1Y Return (%)3Y Return (%)5Y Return (%)
25.68%33.14%33.14%
(Data as of 3 July 20, 2025)

5. Tilaknagar Industries 

Tilaknagar Industries has been around since the 1930s and is the company behind the well-known whisky brand “Mansion House.” The company is based in Mumbai and mostly sells Indian Made Foreign Liquor (IMFL), especially brandy and whisky. It has a strong presence in southern India and has been steadily expanding its reach across the country. Tilaknagar Industries offers a wide range of products, such as brandy, whiskey, vodka, gin, rum, etc. The company has a strong distribution network, and its products are exported to international markets.

Know the Returns:

1Y Return (%)3Y Return (%)5Y Return (%)
39.51%355.35%1,634.86%
(Data as of 3 July 20, 2025)

6. Som Distilleries & Breweries 

Based in Bhopal, Som Distilleries is renowned for making low-cost drinks like Hunter and Black Fort beers. Since 1993, they have been in business and have gradually grown by continuing to provide high-quality products at competitive prices. Mostly found in central and northern India, their products are slowly making their way across the country. They also make whisky, rum, and vodka, which is a good combination for consumers on a tight budget.

Know the Returns:

1Y Return (%)3Y Return (%)5Y Return (%)
28.11%429.49%983.83%
(Data as of 3 July 20, 2025)

7. Globus Spirits 

Globus Spirits is all about spirits, ranging from more high-end IMFL brands to your general country spirits. It was founded in 1993 and is a versatile player because it also produces industrial alcohol and ethanol. The company has manufacturing facilities in states like Rajasthan, Bihar, and Haryana. In addition to selling goods like alcoholic beverages, it gains from the Indian government’s initiative for manufacturing of cleaner fuel through ethanol. If you’re considering both consumer demand and industrial relevance, this company can be a good investment option. 

Know the Returns:

1Y Return (%)3Y Return (%)5Y Return (%)
14.13%2.71%667.83%
(Data as of 3 July 20, 2025)

8. Sula Vineyards

Sula Vineyards If you’ve ever had Indian wine, it was probably from Sula. Rajeev Samant started this company in Nashik in 1999. It brought wine culture to India. Sula has a wide range of wines, including reds, whites, sparkling wines, and rosé. They even made the first wine tourism spot in India! Sula has something for everyone, from casual drinkers to serious individuals who enjoy wine. 

Know the Returns:

1Y Return (%)3Y Return (%)5Y Return (%)
-39.74%-15.72%-15.72%
(Data as of 3 July 20, 2025)

9. GM Breweries 

GM Breweries is a small company in Mumbai that has been making IMFL and country liquor since 1981. Founded in 1981 by Shri Jimmy William Almeida, the company has grown to become the largest manufacturer of country liquor in Maharashtra and Goa, holding a significant market share. They have fully integrated production facilities, which helps them save money and time. In the liquor industry, GM Breweries is a strong local player with good growth potential.

Know the Returns:

1Y Return (%)3Y Return (%)5Y Return (%)
-18.12%56.77%133.12%
(Data as of 3 July 20, 2025)

10. Orient Beverages 

Based in Kolkata, Orient Beverages has been in business since the 1960s. It is primarily known for producing bottled water and soft drinks, particularly in eastern India. In certain areas, it has collaborated with well-known brands like Bisleri over the years. If you want to invest in local businesses that operate consistently, Orient is a good option.

Know the Returns:

1Y Return (%)3Y Return (%)5Y Return (%)
-44.99%213.49%311.60%
(Data as of 3 July 20, 2025)

Read Also: List of Best Liquor Stocks in India

Key Performance Indicators

CompanyOperating Margin (In %)Net Profit Margin (In %)ROE (In %)ROCE (In %)Debt-To-Equity
Varun Beverages19.4113.1715.6220.860.14
United Breweries7.224.9610.1214.490.13
Radico Khaitan11.097.1112.5517.390.23
Allied Blenders & Distilleries11.105.5312.6323.220.58
Tilaknagar Industries16.8716.0226.0225.530.05
Som Distilleries and Breweries10.727.2412.8317.330.23
Globus Spirits3.120.862.356.310.52
Sula Vineyards20.3712.1211.9716.920.51
GM Breweries25.2120.2713.7417.070
Orient Beverages7.111.8414.3718.133.42
(Data as of March 2025)

Benefits of Investing in Beverage Stocks

The benefits of investing in beverage stocks are listed below:

  • Beverages are daily essentials, so demand stays strong regardless of economic cycles.
  • Strong brand loyalty helps these companies maintain steady sales.
  • Wide distribution networks support consistent market reach and growth.
  • Ability to pass on cost increases to consumers protects profit margins.
  • Many beverage companies offer steady cash flows and dividends, making them attractive for long-term investors.
  • Good option for portfolio diversification due to their stable performance.

Read Also: Best Alcohol Penny Stocks in India

Disadvantages of Investing in Beverage Stocks

The disadvantages of investing in beverage stocks are listed below:

  • These companies are subject to strict regulations and high taxes, especially in the alcoholic segment.
  • Vulnerable to changing consumer preferences (e.g., shift toward healthier drinks).
  • Fluctuating raw material costs can reduce profit margins.
  • India’s beverage industry is a competitive market that makes it hard to maintain high growth rates.
  • Reputation risks and compliance issues can impact brand value and sales.

Read Also: List Of Best Ethanol Stocks in India

Conclusion 

The beverage industry in India offers numerous investment opportunities as these businesses are expanding swiftly and adapting to their customers’ demands. They produce everything from soft drinks to well-known alcohol drinks. Although they may not at first appear like the most fascinating investments, some of the beverage companies have an excellent track record. So, the next time you drink soft drink or an alcoholic beverage, remember that you could also be investing your money into the company that made it. However, before making any investments, you should consult a financial advisor or do thorough analysis yourself. Read company news, keep an eye on financial performance, and always think long term.

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Frequently Asked Questions (FAQs)

  1. Are stocks in the beverage industry a good long-term investment?

    Yes, especially companies with well-known brands that have a stable customer base and stable revenues.

  2. Which beverage company in India has the biggest market cap?

    Presently, Varun Beverages Ltd. is the leader in non-alcoholic drinks, and United Spirits Ltd. is the leader in alcoholic drinks based on market capitalization.

  3. Is investing in stocks related to alcoholic beverages risky?

    Investment in stocks of companies that manufacture alcoholic beverages can be risky due to changing regulations and high taxes, but they also have high margins.

  4. What does the future hold for the Indian beverage industry?

    The future seems bright for the Indian beverage industry because incomes are expected to rise, development of cities, and changing lifestyles.

  5. How can I select the best beverage stocks before I buy them?

    Look at KPIs like sales, profit margins, and market share before buying any beverage stock. However, it is essential to consider your risk tolerance and consult a financial advisor before investing.

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