{"id":3052,"date":"2024-01-18T05:55:00","date_gmt":"2024-01-18T05:55:00","guid":{"rendered":"https:\/\/wp-api.pocketful.in\/blog\/?p=3052"},"modified":"2026-05-22T07:38:09","modified_gmt":"2026-05-22T07:38:09","slug":"analysing-the-spirits-top-alcohol-stocks-in-india","status":"publish","type":"post","link":"https:\/\/wp-api.pocketful.in\/blog\/analysing-the-spirits-top-alcohol-stocks-in-india\/","title":{"rendered":"Top Alcohol Stocks In India"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Partying with friends without alcohol is like dancing without music, isn\u2019t it! Jokes apart, have you ever thought of investing in alcohol stocks. Yes, you heard it right! Raise your glass to your success of investment and have a look on some of the top liquor stocks in India.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">India\u2019s alcohol market is a complex and dynamic landscape that offers distinct flavours and fulfils diverse consumer preferences.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">India\u2019s alcohol industry is expected to reach $64 billion over the next five years according to a report by ISWAI (International Spirits and Wines Association of India). Let us delve deeper and analyse India\u2019s alcohol industry.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/wp-api.pocketful.in\/blog\/analysing-the-spirits-top-alcohol-stocks-in-india\/#Alcohol_Market_Overview\" title=\"Alcohol Market Overview\">Alcohol Market Overview<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/wp-api.pocketful.in\/blog\/analysing-the-spirits-top-alcohol-stocks-in-india\/#Market_Segment\" title=\"Market Segment\">Market Segment<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/wp-api.pocketful.in\/blog\/analysing-the-spirits-top-alcohol-stocks-in-india\/#Top_Stocks_Companies_of_Alcohol_in_India\" title=\"Top Stocks Companies of Alcohol in India\">Top Stocks Companies of Alcohol in India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/wp-api.pocketful.in\/blog\/analysing-the-spirits-top-alcohol-stocks-in-india\/#Factors_Affecting_Liquor_Stocks\" title=\"Factors Affecting Liquor Stocks\">Factors Affecting Liquor Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/wp-api.pocketful.in\/blog\/analysing-the-spirits-top-alcohol-stocks-in-india\/#Market_Capitalisation_and_Current_Price\" title=\"Market Capitalisation and Current Price\">Market Capitalisation and Current Price<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/wp-api.pocketful.in\/blog\/analysing-the-spirits-top-alcohol-stocks-in-india\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/wp-api.pocketful.in\/blog\/analysing-the-spirits-top-alcohol-stocks-in-india\/#Frequently_Asked_Questions_FAQs\" title=\"Frequently Asked Questions (FAQs)\">Frequently Asked Questions (FAQs)<\/a><\/li><\/ul><\/nav><\/div>\n<h2 id=\"h-alcohol-market-overview\" class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Alcohol_Market_Overview\"><\/span>Alcohol Market Overview<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">India boasts the third-largest liquor market by volume, generating over $35 billion annually and is projected to grow at a CAGR (compounded annual growth rate) of 7% for the next decade. Factors like urbanisation, rising disposable income and changing social lives will drive the growth. Further, we produce over 48% of all whisky in the world.<\/p>\n\n\n\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-831b2db5 wp-block-group-is-layout-flex\">\n<h4 id=\"h-did-you-know\" class=\"wp-block-heading\">Did you know?<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">In Dec 2023, Indian whiskey \u201cRAMPUR\u201d wins the best world whisky award in the prestigious John Barleycorn Awards!<\/p>\n<\/div>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/01\/Top-Alcohol-Stocks-in-India.png\" alt=\"Top Alcohol Stocks in India\" class=\"wp-image-3065\" style=\"width:600px\" srcset=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/01\/Top-Alcohol-Stocks-in-India-1024x576.png 1024w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/01\/Top-Alcohol-Stocks-in-India-300x169.png 300w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/01\/Top-Alcohol-Stocks-in-India-768x432.png 768w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/01\/Top-Alcohol-Stocks-in-India-1536x864.png 1536w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/01\/Top-Alcohol-Stocks-in-India.png 1920w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Read Also:<\/strong><a href=\"https:\/\/www.pocketful.in\/blog\/best-aluminium-stocks-in-india\/\"><strong> <\/strong>7 Top Aluminium Stocks in India to Add to Your Portfolio<\/a><\/p>\n\n\n\n<h2 id=\"h-market-segment\" class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Market_Segment\"><\/span>Market Segment<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 id=\"h-indian-made-foreign-liquor-imfl\" class=\"wp-block-heading has-medium-font-size\">Indian-Made-Foreign-liquor (IMFL)<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">IMFL is the official term that is used in India and refers to all types of liquor in the country except indigenous alcoholic beverages. It includes a wide range of beverages such as whiskey, rum, vodka gin, etc. IMFL signifies a historical difference from traditional Indian drinks and offers from affordable value brands to premium labels.<\/p>\n\n\n\n<h3 id=\"h-indian-made-indian-liquor-imil\" class=\"wp-block-heading has-medium-font-size\">Indian-made-Indian Liquor (IMIL)<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">It is also a category of alcoholic beverages produced in India. The term encloses several locally produced alcoholic drinks using age-old recipes and ingredients such as grains, flowers, and fruits. IMIL is widely known as \u201cDesi Daru\u201d. The alcohol content in such drinks is around 30%. This category is often cheaper than commercially produced IMFL and can be easily accessed by the wider population.<\/p>\n\n\n\n<h3 id=\"h-beer\" class=\"wp-block-heading has-medium-font-size\">Beer<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">This segment comprises all the beers produced in the economy and has witnessed rapid growth in recent years specifically among urban millennials and professionals.<\/p>\n\n\n\n<h3 id=\"h-wine\" class=\"wp-block-heading has-medium-font-size\">Wine<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The wine category in India is experiencing steady and consistent growth. The segment is dominated by domestic wines with 90% domestically produced and consumed. Indian wines are considered more affordable than imported wines and are expected to grow at a CAGR of 10.7% by the year 2027.<\/p>\n\n\n\n<h2 id=\"h-top-stocks-companies-of-alcohol-in-india\" class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Top_Stocks_Companies_of_Alcohol_in_India\"><\/span>Top Stocks Companies of Alcohol in India<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"586\" height=\"508\" src=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/01\/Picture1.png\" alt=\"\" class=\"wp-image-3059\" style=\"width:281px;height:auto\" srcset=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/01\/Picture1.png 586w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/01\/Picture1-300x260.png 300w\" sizes=\"auto, (max-width: 586px) 100vw, 586px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">In India, we have more than 15 listed companies on NSE and BSE. If you&#8217;re looking for a comprehensive liquor stock list, let\u2019s discuss some of the top companies:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Read Also: <\/strong><a href=\"https:\/\/www.pocketful.in\/blog\/top-real-estate-stocks-in-india\/\">Top Real Estate Stocks In India<\/a><\/p>\n\n\n\n<h3 id=\"h-1-united-spirits\" class=\"wp-block-heading has-medium-font-size\">1. United Spirits<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">United Spirits Limited, a subsidiary of Diageo, is the largest alcohol company in India by market capitalisation. Further, it is the second largest alcohol company in the world by volume. It produces a wide range of products which houses an outstanding collection of premium brands, including but not limited to: Royal Challenge, McDowells, Black Dog, Johnnie Walker, Antiquity, etc. Currently, they have over 37 manufacturing facilities in India and boast a strong distribution network. <\/p>\n\n\n\n<h3 id=\"h-2-sula-vineyards\" class=\"wp-block-heading has-medium-font-size\">2. Sula Vineyards<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Sula Vineyards is a leading wine producer in India. The company was founded in the year 1999 by Rajeev Samant in Nashik, Maharashtra. Sula\u2019s distribution network covers India and several international markets. Sula Vineyards produces a diverse range of wines including red, white, rose, sparkling and dessert wines. Sula Vineyards is well-positioned for continued success.<\/p>\n\n\n\n<h3 id=\"h-3-united-breweries\" class=\"wp-block-heading has-medium-font-size\">3. United Breweries<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The company was bought by the late Mr Vittal Mallya in 1947. Since then, it has consistently grown and never looked back. United Breweries is considered the largest manufacturer in India with over 60% market share in the beer market and is headquartered in Bangalore. The company was established in the year 1915 with five breweries in south India. The company owns numerous iconic brands like Kingfisher, McDowell, Royal Stag, etc.<\/p>\n\n\n\n<h3 id=\"h-4-radico-khaitan\" class=\"wp-block-heading has-medium-font-size\">4. Radico Khaitan<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Radico Khaitan is a top Indian manufacturer of Indian-Made-Foreign-Liquor (IMFL). It was founded in the year 1943 as Rampur Distillery &amp; Chemical Company Limited. It has now become a major bulk spirits supplier and bottler, now have over fifteen organically grown brands. Khaitan\u2019s portfolio includes a wide range of IMFL products such as Black Magic, 8 PM, Magic Moments, Rampur, etc. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Radico Khaitan is the fourth largest company in India with a strong presence in North India and exports its products to over 30 countries. It has also created an international division, namely Radico International in the year 2003 and introduced brands such as Beck\u2019s Beer and wines from E&amp;J Gallo in the Indian alcohol market.<\/p>\n\n\n\n<h3 id=\"h-5-tilaknagar-industries\" class=\"wp-block-heading has-medium-font-size\">5. Tilaknagar Industries<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Tialknagar Industries is a prominent Indian liquor company and is well-recognised for its assorted portfolio of IMFL and extra-neutral alcohol (ENA). The company was established in the year 1933 under the leadership of the Dahanukar family. Their journey began with the Maharashtra Sugar Mills and the company still holds a rich history in the Indian liquor market. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">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 also exported to international markets in East &amp; South Asia, Europe, Africa, etc.<\/p>\n\n\n\n<h3 id=\"h-6-globus-spirits\" class=\"wp-block-heading has-medium-font-size\">6. Globus Spirits<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Globus Spirits was established in the year 1993 as Globus Agronics Limited. Today Globus Spirits is one of the largest manufacturers and sellers of IMFL in India. The company offers a variety of brands that cater the consumer preferences and include premium, value, and bulk alcohol. The premium segment includes GR8 Times, White Lace, Napoleon, Governors\u2019 Reserve Blue etc. Value segment includes Winner Gold, Marvel Blue, Golden Grape, etc. The bulk alcohol segment includes Grain Neutral Alcohol, Fusel, Bioethanol etc. Globus Spirits operates four fully integrated plants across West Bengal, Bihar, Haryana, and Rajasthan.<\/p>\n\n\n\n<h3 id=\"h-7-som-distilleries-and-breweries\" class=\"wp-block-heading has-medium-font-size\">7. Som Distilleries and Breweries<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Som Distilleries &amp; Breweries Ltd. (SDBL) is a prominent integrated AlcoBev, Bhopal-based manufacturer. The company was founded in the year 1993 and has established itself as a major player in the Central Indian Market, especially in the segment of beer and whiskey. Some of the widely sold products include beers like Hunter Strong Premium beer, Woodpecker Wheat, etc. And whiskeys like Pentagon, Milestone 100, etc. Vodkas like White Fox, rums, and other ready-to-drink beverages.<\/p>\n\n\n\n<h2 id=\"h-factors-affecting-liquor-stocks\" class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Factors_Affecting_Liquor_Stocks\"><\/span>Factors Affecting Liquor Stocks<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"550\" height=\"442\" src=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2023\/12\/Picture4.png\" alt=\"Factors affecting alcohol stocks\" class=\"wp-image-2549\" style=\"width:294px;height:auto\" srcset=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2023\/12\/Picture4.png 550w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2023\/12\/Picture4-300x241.png 300w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Several factors impact the performance of the liquor stocks. Let us look at some of the key factors that affect the performance of the liquor stocks.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Inflation <\/strong>\u2013 Rising inflation can increase the production cost of the alcohol companies squeezing the profit margins and stock prices.<\/li>\n\n\n\n<li><strong>Taxation &amp; pricing <\/strong>\u2013 Liquor stocks are sensitive to changes in taxation policy. Higher taxes can lead to increased costs for companies and can discourage consumption.<\/li>\n\n\n\n<li><strong>Economic Growth<\/strong> \u2013 Strong economic growth of the economy results in increased disposable income in the hands of consumers and leads to a sudden rise in spending on discretionary items like alcohol.<\/li>\n\n\n\n<li><strong>Regulatory Procedures <\/strong>\u2013 Complex licensing &amp; regulatory procedures can be a hurdle for liquor companies thereby increasing the operational costs. And negatively affecting their profitability.<\/li>\n\n\n\n<li><strong>Consumer Trends<\/strong> \u2013 Shifts in consumer preferences with people trying to adopt a healthy lifestyle can also affect the demand and sales of liquor. Companies need to adapt to the evolving trends of consumers and produce accordingly.<\/li>\n\n\n\n<li><strong>Currency Exchange Rates<\/strong> \u2013 Companies with international operations and exporting their products to other foreign countries can be deeply affected by exchange rate fluctuations affecting both producers and importers.<\/li>\n<\/ul>\n\n\n\n<h2 id=\"h-market-capitalisation-and-current-price\" class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Market_Capitalisation_and_Current_Price\"><\/span>Market Capitalisation and Current Price<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The table below shows the current market price and market capitalisation of the above-mentioned alcohol stocks (as of 15 January 2024):<\/p>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\"><strong>Stock<\/strong><\/th><th class=\"has-text-align-center\" data-align=\"center\"><strong>Current Market Price (INR)<\/strong><\/th><th class=\"has-text-align-center\" data-align=\"center\"><strong>Market Capitalisation (INR crs)<\/strong><\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/stocks\/united-spirits-ltd\">United Spirits<\/a><\/td><td class=\"has-text-align-center\" data-align=\"center\">1,327<\/td><td class=\"has-text-align-center\" data-align=\"center\">96,548&nbsp;<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/stocks\/united-breweries-ltd\">United Breweries<\/a><\/td><td class=\"has-text-align-center\" data-align=\"center\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1,800<\/td><td class=\"has-text-align-center\" data-align=\"center\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 47,581&nbsp;<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/stocks\/radico-khaitan-ltd\">Radico Khaitan<\/a><\/td><td class=\"has-text-align-center\" data-align=\"center\">3,049<\/td><td class=\"has-text-align-center\" data-align=\"center\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 40,813&nbsp;<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/stocks\/sula-vineyards-ltd\">Sula Vineyards<\/a><\/td><td class=\"has-text-align-center\" data-align=\"center\">283<\/td><td class=\"has-text-align-center\" data-align=\"center\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2,393&nbsp;<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/stocks\/tilaknagar-industries-ltd\">Tialaknagar Industries<\/a><\/td><td class=\"has-text-align-center\" data-align=\"center\">459<\/td><td class=\"has-text-align-center\" data-align=\"center\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8,899&nbsp;<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/stocks\/globus-spirits-ltd\">Globus Spirits<\/a><\/td><td class=\"has-text-align-center\" data-align=\"center\">1,076<\/td><td class=\"has-text-align-center\" data-align=\"center\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3,118&nbsp;<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/stocks\/som-distilleriesbreweries-ltd\">Som Distilleries and Breweries<\/a><\/td><td class=\"has-text-align-center\" data-align=\"center\">135<\/td><td class=\"has-text-align-center\" data-align=\"center\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2,633&nbsp;<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Read Also: <\/strong><a href=\"https:\/\/www.pocketful.in\/blog\/how-to-find-and-identify-undervalued-stocks\/\">How to find and identify undervalued stocks<\/a><\/p>\n\n\n\n<h2 id=\"h-conclusion\" class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Each alcohol company in India comes with its own set of strengths and weaknesses. Indian liquor industry offers a wide range of products and people can choose according to their tastes and preferences. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Remember that the alcohol industry is always subject to various regulations and concerns. Taxation &amp; Alcohol Bans can significantly affect the alcohol industry.<\/p>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">S.NO.<\/th><th class=\"has-text-align-left\" data-align=\"left\">Check Out These Interesting Posts You Might Enjoy!<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">1<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/top-sugar-companies-in-india\/\">Top Sugar Companies In India<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">2<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/business-cycles\/\">Business Cycles of a Company<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">3<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/list-of-miniratna-companies-in-india\/\">Miniratna Companies in India<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">4<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/how-many-companies-are-listed-in-nse-and-bse\/\">How Many Companies Are Listed on NSE &amp; BSE?<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">5<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/mukesh-ambani-group-stocks\/\">Mukesh Ambani Companies List 2024: Mukesh Ambani Stocks<\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 id=\"h-frequently-asked-questions-faqs\" class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_FAQs\"><\/span>Frequently Asked Questions (FAQs)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div class=\"saswp-faq-block-section\"><ol style=\"list-style-type:none\"><li style=\"list-style-type: none\"><h3 class=\"\">What is the full form of IMFL?<\/h3><p class=\"saswp-faq-answer-text\">Indian-Made-Foreign-liquor.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">Mention the top alcohol stocks of India.<\/h3><p class=\"saswp-faq-answer-text\">United Breweries, Globus Spirits, Sula Vineyards, Radico Khaitan, Tilaknagar Industries, etc.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">What factors can affect the alcohol stocks?<\/h3><p class=\"saswp-faq-answer-text\">Factors like inflation, regulatory changes, currency exchange rates, economic growth, etc.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">How many listed alcohol stocks are there on Indian exchanges, i.e., NSE and BSE?<\/h3><p class=\"saswp-faq-answer-text\">As of January 2024, there are more than 15 listed alcohol stocks in India.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">Who manufactures \u201cRampur\u201d whiskey which recently won the best world whisky award in the prestigious John Barleycorn awards?<\/h3><p class=\"saswp-faq-answer-text\">Rampur is manufactured by Radico Khaitan Limited.<\/p><\/ul><\/div>\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table class=\"has-fixed-layout\"><tbody><tr><td><em><strong>Selection Methodology and Important Disclaimer<\/strong><br><br>The stocks included in this list are selected primarily on the basis of their market capitalisation, which represents the total market value of a company\u2019s outstanding shares. The companies are arranged in descending order of market capitalisation, with larger companies appearing first, followed by relatively smaller companies. This methodology is intended to provide a structured approach for identifying companies based on their market size and overall presence within a sector.<br><br>However, market capitalisation should not be considered the sole factor while evaluating investment opportunities, as it does not guarantee future performance, profitability, or returns. Investors should also assess other important factors such as financial health, business fundamentals, management quality, valuation metrics, industry outlook, and market conditions before making investment decisions.<br><br>The information provided is for educational and informational purposes only and should not be construed as investment advice, recommendation, solicitation, or an offer to buy or sell any securities by <strong>Pocketful Fintech Capital Private Limited<\/strong>.<\/em><\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Partying with friends without alcohol is like dancing without music, isn\u2019t it! Jokes apart, have you ever thought of investing in alcohol stocks. Yes, you heard it right! Raise your glass to your success of investment and have a look on some of the top liquor stocks in India. India\u2019s alcohol market is a complex [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3057,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"is_paper_insight":false,"paper_insight_image":0,"paper_insight_pdf":0,"paper_insight_ppt":0,"footnotes":""},"categories":[15],"tags":[],"class_list":["post-3052","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"acf":{"freelancer":"Kavya Mehrotra"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.13 (Yoast SEO v21.2) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Top Alcohol Stocks in india 2026<\/title>\n<meta name=\"description\" content=\"Top alcohol companies in India, their market potential, and top-performing stocks. Learn how India&#039;s liquor industry is thriving with growth!\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Top Alcohol Stocks In India\" \/>\n<meta property=\"og:description\" content=\"Top alcohol companies in India, their market potential, and top-performing stocks. Learn how India&#039;s liquor industry is thriving with growth!\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wp-api.pocketful.in\/blog\/analysing-the-spirits-top-alcohol-stocks-in-india\/\" \/>\n<meta property=\"og:site_name\" content=\"Pocketful\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Pocketful.HQ\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-01-18T05:55:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-05-22T07:38:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/01\/blogbanner-temp1.psd-7.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Farhan Ahmed\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Pocketful_HQ\" \/>\n<meta name=\"twitter:site\" content=\"@Pocketful_HQ\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Farhan Ahmed\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Top Alcohol Stocks in india 2026","description":"Top alcohol companies in India, their market potential, and top-performing stocks. Learn how India's liquor industry is thriving with growth!","robots":{"index":"noindex","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"en_US","og_type":"article","og_title":"Top Alcohol Stocks In India","og_description":"Top alcohol companies in India, their market potential, and top-performing stocks. Learn how India's liquor industry is thriving with growth!","og_url":"https:\/\/wp-api.pocketful.in\/blog\/analysing-the-spirits-top-alcohol-stocks-in-india\/","og_site_name":"Pocketful","article_publisher":"https:\/\/www.facebook.com\/Pocketful.HQ\/","article_published_time":"2024-01-18T05:55:00+00:00","article_modified_time":"2026-05-22T07:38:09+00:00","og_image":[{"width":1920,"height":1080,"url":"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/01\/blogbanner-temp1.psd-7.png","type":"image\/png"}],"author":"Farhan Ahmed","twitter_card":"summary_large_image","twitter_creator":"@Pocketful_HQ","twitter_site":"@Pocketful_HQ","twitter_misc":{"Written by":"Farhan Ahmed","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/wp-api.pocketful.in\/blog\/analysing-the-spirits-top-alcohol-stocks-in-india\/#article","isPartOf":{"@id":"https:\/\/wp-api.pocketful.in\/blog\/analysing-the-spirits-top-alcohol-stocks-in-india\/"},"author":{"name":"Farhan Ahmed","@id":"https:\/\/wp-api.pocketful.in\/blog\/#\/schema\/person\/114b988f2ddda136aaca1382ea16ad36"},"headline":"Top Alcohol Stocks In India","datePublished":"2024-01-18T05:55:00+00:00","dateModified":"2026-05-22T07:38:09+00:00","mainEntityOfPage":{"@id":"https:\/\/wp-api.pocketful.in\/blog\/analysing-the-spirits-top-alcohol-stocks-in-india\/"},"wordCount":2013,"publisher":{"@id":"https:\/\/wp-api.pocketful.in\/blog\/#organization"},"articleSection":["Investing"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/wp-api.pocketful.in\/blog\/analysing-the-spirits-top-alcohol-stocks-in-india\/","url":"https:\/\/wp-api.pocketful.in\/blog\/analysing-the-spirits-top-alcohol-stocks-in-india\/","name":"Top Alcohol Stocks in india 2026","isPartOf":{"@id":"https:\/\/wp-api.pocketful.in\/blog\/#website"},"datePublished":"2024-01-18T05:55:00+00:00","dateModified":"2026-05-22T07:38:09+00:00","description":"Top alcohol companies in India, their market potential, and top-performing stocks. Learn how India's liquor industry is thriving with growth!","breadcrumb":{"@id":"https:\/\/wp-api.pocketful.in\/blog\/analysing-the-spirits-top-alcohol-stocks-in-india\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wp-api.pocketful.in\/blog\/analysing-the-spirits-top-alcohol-stocks-in-india\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/wp-api.pocketful.in\/blog\/analysing-the-spirits-top-alcohol-stocks-in-india\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Blog Home","item":"https:\/\/wp-api.pocketful.in\/blog\/"},{"@type":"ListItem","position":2,"name":"Top Alcohol Stocks In India"}]},{"@type":"WebSite","@id":"https:\/\/wp-api.pocketful.in\/blog\/#website","url":"https:\/\/wp-api.pocketful.in\/blog\/","name":"Pocketful blog","description":"Learn Stock market trading, investing &amp; more","publisher":{"@id":"https:\/\/wp-api.pocketful.in\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wp-api.pocketful.in\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wp-api.pocketful.in\/blog\/#organization","name":"Pocketful","alternateName":"Pocketful Broker","url":"https:\/\/wp-api.pocketful.in\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wp-api.pocketful.in\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2023\/08\/Logo_Final-01-1-3-1.png","contentUrl":"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2023\/08\/Logo_Final-01-1-3-1.png","width":150,"height":26,"caption":"Pocketful"},"image":{"@id":"https:\/\/wp-api.pocketful.in\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Pocketful.HQ\/","https:\/\/twitter.com\/Pocketful_HQ","https:\/\/www.linkedin.com\/company\/pocketfulofprofits\/","https:\/\/www.instagram.com\/pocketful.official\/"]},{"@type":"Person","@id":"https:\/\/wp-api.pocketful.in\/blog\/#\/schema\/person\/114b988f2ddda136aaca1382ea16ad36","name":"Farhan Ahmed","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wp-api.pocketful.in\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/bf396aa057ae6feaedabfbf35a51ff7dce66594905d2cf797f29f4c8e3788484?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bf396aa057ae6feaedabfbf35a51ff7dce66594905d2cf797f29f4c8e3788484?s=96&d=mm&r=g","caption":"Farhan Ahmed"},"sameAs":["https:\/\/wp-api.pocketful.in\/blog"]}]}},"associated_menu_id":null,"article_history_entries":[{"type":"Edit","author":{"id":7,"name":"Pocketful Team","url":"pocketful"},"content":"Post created","date":"2024-01-18 05:55:00","id":"ah_67179828a945e1.57510945"},{"type":"Links","author":{"id":11,"name":"Nisha","url":"nisha"},"content":"Add new Links","date":"2025-02-12 09:38:26","id":"ah_67ac6c125a1074.17362372"},{"type":"Links","author":{"id":11,"name":"Nisha","url":"nisha"},"content":"Add new Links","date":"2025-02-12 09:55:06","id":"ah_67ac6ffa3d10b3.05012619"},{"type":"Update","author":{"id":11,"name":"Nisha","url":"nisha"},"content":"Update today market price and slug","date":"2025-09-19 09:45:57","id":"ah_68cd2655193c95.87394267"}],"is_paper_insight":false,"image_url_featured":"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/01\/blogbanner-temp1.psd-7.png","_links":{"self":[{"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/posts\/3052","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/comments?post=3052"}],"version-history":[{"count":5,"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/posts\/3052\/revisions"}],"predecessor-version":[{"id":27613,"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/posts\/3052\/revisions\/27613"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/media\/3057"}],"wp:attachment":[{"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/media?parent=3052"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/categories?post=3052"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/tags?post=3052"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}