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Top Liquor Stocks in NSE India for 2026

India's alcohol market, projected at ₹5,482,851.3 bn by 2027, offers growth-driven opportunities for investors exploring diverse liquor stock investments. Here's the list of top alcohol stocks in India.

Best Alcoholic Beverages Sector Stocks in India (2026)

Alcoholic Beverages Stock Screener

Alcoholic Beverages Stock Screener: Analyse & Filter Indian Stocks on Tickertape

Showing 1 - 20 of 23 results

last updated at 6:30 AM IST 
NameStocks (23)Sub-SectorSub-SectorMarket CapMarket CapClose PriceClose PricePE RatioPE Ratio1D Return1D Return1M Return1M Return6M Return6M Return1Y Return1Y ReturnPB RatioPB RatioReturn on EquityReturn on EquityROCEROCEDividend YieldDiv YieldDebt to EquityDebt to EquityVolatility vs NiftyVolatility vs Nifty
1.United Spirits LtdUNITDSPRAlcoholic BeveragesAlcoholic Beverages96,955.8796,955.871,311.501,311.5061.2961.29-1.61-1.61-8.07-8.07-0.34-0.34-5.71-5.7111.9611.9620.7820.7826.3126.310.900.900.060.061.821.82
2.Radico Khaitan LtdRADICOAlcoholic BeveragesAlcoholic Beverages39,659.2539,659.252,924.002,924.00114.75114.75-1.28-1.28-10.96-10.969.129.1236.3636.3614.4014.4013.3113.3117.4317.430.130.130.270.272.772.77
3.United Breweries LtdUBLAlcoholic BeveragesAlcoholic Beverages38,114.0038,114.001,423.601,423.6086.2986.29-1.24-1.24-11.65-11.65-28.79-28.79-29.68-29.688.728.7210.3310.3313.9213.920.690.690.140.141.611.61
4.Allied Blenders and Distillers LtdABDLAlcoholic BeveragesAlcoholic Beverages12,550.5912,550.59454.15454.1564.4064.401.211.21-25.61-25.61-4.88-4.8819.4719.478.038.0319.7919.7923.2523.250.800.800.580.583.223.22
5.Tilaknagar Industries LtdTIAlcoholic BeveragesAlcoholic Beverages9,610.009,610.00402.05402.0541.8641.863.413.41-14.05-14.05-21.10-21.1010.3810.3810.8910.8929.8929.8925.5325.530.200.200.050.054.204.20
6.Globus Spirits LtdGLOBUSSPRAlcoholic BeveragesAlcoholic Beverages2,648.922,648.92927.80927.80113.49113.491.481.48-3.92-3.92-26.20-26.2013.7613.762.672.672.382.386.386.380.300.300.530.533.133.13
7.G M Breweries LtdGMBREWAlcoholic BeveragesAlcoholic Beverages2,164.292,164.29960.30960.3016.7716.771.371.37-18.31-18.3134.9434.9441.6641.662.312.3114.6614.6617.0817.080.790.790.000.004.024.02
8.Som Distilleries and Breweries LtdSDBLAlcoholic BeveragesAlcoholic Beverages1,869.241,869.2487.1787.1717.8917.89-3.05-3.05-19.56-19.56-43.03-43.03-15.58-15.582.372.3715.1415.1417.3417.34--0.220.223.353.35
9.Sula Vineyards LtdSULAAlcoholic BeveragesAlcoholic Beverages1,637.941,637.94187.27187.2723.3323.33-3.45-3.45-17.22-17.22-35.46-35.46-46.34-46.342.792.7912.3612.3617.0317.031.861.860.540.542.512.51
10.Associated Alcohols & Breweries LtdASALCBRAlcoholic BeveragesAlcoholic Beverages1,501.351,501.35800.00800.0018.4418.441.131.13-16.79-16.79-25.17-25.17-30.80-30.802.892.89--20.3020.300.240.240.200.204.344.34
11.IFB Agro Industries LtdIFBAGROAlcoholic BeveragesAlcoholic Beverages1,294.161,294.161,315.901,315.9057.9357.93-4.76-4.76-6.47-6.4757.8757.87144.89144.892.122.123.843.845.815.81--0.010.015.065.06
12.Monika Alcobev LtdMONIKAAlcoholic BeveragesAlcoholic Beverages609.50609.50284.65284.6526.3926.390.180.18-2.75-2.750.050.05-1.16-1.166.356.3529.9029.9041.4841.480.380.381.811.813.093.09
13.Jagatjit Industries LtdJAGAJITINDAlcoholic BeveragesAlcoholic Beverages579.87579.87127.00127.00-24.73-24.732.462.46-13.52-13.52-35.94-35.94-35.34-35.3410.7910.79-36.13-36.130.940.94--7.527.523.863.86
14.Fratelli Vineyards LtdFRATELLIAlcoholic BeveragesAlcoholic Beverages398.02398.0287.4087.40-28.45-28.45-4.64-4.64-20.97-20.97-40.14-40.14-64.12-64.122.552.55-10.28-10.28-4.33-4.33--0.770.773.853.85
15.Cupid Breweries and Distilleries LtdCUPIDTRAlcoholic BeveragesAlcoholic Beverages215.73215.7341.5041.50-431.46-431.460.000.00---60.83-60.83-56.73-56.73-126.90-126.90---9.57-9.57----4.024.02
16.Tahmar Enterprises LtdTAHMARENTAlcoholic BeveragesAlcoholic Beverages141.46141.469.129.12-53.99-53.990.440.44-15.16-15.16-33.87-33.87-54.38-54.381.701.70-3.27-3.27-2.21-2.21--0.410.415.005.00
17.Valencia Nutrition LtdVALENCIAAlcoholic BeveragesAlcoholic Beverages110.03110.0361.5661.56101.88101.88-5.00-5.00-12.06-12.06-6.09-6.0949.0949.09-53.67-53.67--36.7836.78----5.445.44
18.Alcokraft Distilleries LtdALCODISAlcoholic BeveragesAlcoholic Beverages86.6686.6681.0081.009.659.65-4.20-4.20-13.00-13.00-46.71-46.71-56.51-56.510.900.909.779.7713.7913.79--0.840.844.884.88
19.Piccadily Sugar and Allied Industries LtdPICCASUGAlcoholic BeveragesAlcoholic Beverages84.6584.6536.0036.00-93.02-93.02-1.10-1.10-14.91-14.91-29.20-29.20-37.71-37.717.517.51-7.76-7.76-6.06-6.06--2.052.052.852.85
20.Winsome Breweries LtdWINSOMBRAlcoholic BeveragesAlcoholic Beverages65.2765.2722.4022.40435.14435.14-5.04-5.04-26.32-26.32-28.82-28.82-39.78-39.781.911.910.440.440.820.82--0.270.273.283.28

Disclaimer: Please note that the above table is for informational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Stock Screener and is subject to real-time updates.

Selection criteria: Sub-sector: Alcoholic Beverages | Market Cap: Sorted from Highest to Lowest

How to Invest in Liquor Sector Stocks?

Investing in liquor stocks using Tickertape is a straightforward process. Tickertape is a powerful stock analysis and screening tool that helps you make informed investment decisions. Here’s how you can use Tickertape to invest in liquor stocks:

  1. Sign Up and Log In: You can create an account on the Tickertape or log in if you already have one.
  2. Search for Liquor Stocks: Go to Tickertape Stock Screener and select the “Alcoholic Beverages” under “Consumer Stapes” sector
  3. Use Filters: You can apply over 200 filters to get stocks sorted based on criteria like market cap, P/E ratio, etc. You can create your own custom filter, in case your preferred parameters are not available. This can help you narrow down the top liquor stocks in India.
  4. Analyse Stock Data: Tickertape provides comprehensive data on each stock, including financials, performance metrics, future projections, red flags, and more. You can review this data to assess each company’s health and potential in depth.
  5. Add to Watchlist: You may keep track of potential investments by adding them to your watchlist.
  6. Invest Through Your Broker: Once you’ve decided on a stock, you can place a buy order through your brokerage account linked to Tickertape.

You can stay updated with each of your favourite stocks’ alerts and announcements with Tickertape Alerts. Further, you can analyse your overall portfolio and potential red flags in it by connecting it to Tickertape. Check out detailed analysis of your portfolio now!

GST 2.0 Impact on Liquor Industry

  1. GST Exemption on Alcohol: Alcohol for human consumption continues to remain outside the GST framework. States levy their own excise duty and VAT, which are the main taxes affecting liquor prices.
  2. Indirect GST Impact: While alcohol itself is exempt, costs of inputs such as packaging materials, bottles, caps, and logistics are subject to GST. Under GST 2.0, many of these now fall in the 18% slab, increasing input costs for liquor companies.

Overview of the Top Liquor Company Stocks in India

United Spirits Ltd

United Spirits Ltd, a subsidiary of Diageo, is a leading Indian alcoholic beverages company. It specialises in marketing, selling premium spirits, and appears as one of the renowned alcohol manufacturing companies in India, offering the best alcohol brands such as McDowell’s, Royal Challenge, and Black Dog. Among the liquor companies in India, it operates across segments, from mass-market liquors to luxury scotch whiskies.

United Breweries Ltd

United Breweries Ltd, widely recognised for its flagship Kingfisher brand, is a market leader in India’s beer industry. The company produces and distributes a range of beverages. This includes lagers and strong beers, catering to diverse consumer preferences both domestically and internationally.

Radico Khaitan Ltd

Radico Khaitan Ltd is a prominent player in India’s spirits industry, known for its premium and mid-segment offerings like Magic Moments vodka and Rampur Indian single malt. Among the premium alcohol company stocks, the company excels in innovative alcohol production and has a strong presence in both domestic and export markets.

Allied Blenders and Distillers Ltd

Allied Blenders and Distillers Ltd is among the key names of alcohol companies in India, recognised for its flagship Officer’s Choice whisky. The company specialises in affordable yet high-quality spirit offerings, catering to the mass-market segment with a growing footprint across India.

Tilaknagar Industries Ltd

Tilaknagar Industries Ltd is a well-known Indian distiller that produces a diverse range of alcoholic beverages under brands like Mansion House and Courrier Napoleon. With a focus on brandy and niche products, the company has a significant presence in southern and western India. To learn more about the top 10 liquor shares in India, you can consider using Tickertape Stock Screener

What are Liquor Stocks?

Liquor stocks represent shares of companies engaged in producing, distributing, and selling alcoholic beverages. These companies may operate in various segments such as spirits, beer, and wine, and can be either domestic or multinational entities listed on stock exchanges. Industry regulations and market trends influence their performance.

Overview of the Liquor Industry in India

The Indian liquor industry has experienced growth, driven by factors such as urbanisation, rising incomes, and evolving consumer preferences. As the market becomes more youthful and urban, alcohol consumption is increasingly viewed as a social activity. State-specific regulations and a diverse range of alcoholic beverages shape the liquor sector.

Key aspects include:

  1. Market Growth: The industry is expected to grow from USD 200 bn in 2025 to USD 300 bn by 2035, fuelled by rising urbanisation and incomes.
  2. Consumer Trends: Younger consumers and women are contributing to increased alcohol consumption, with a shift toward social drinking.
  3. Product Diversity: The market encompasses a diverse range of beverages, including beer, spirits, and regional-specific drinks, catering to various consumer segments.
  4. Regional Variations: Key states, such as Maharashtra and Goa, are major contributors, influenced by urban growth, tourism, and local consumption habits.
  5. Economic Impact: The industry makes a significant contribution to state revenues and supports related sectors, such as tourism, with a rising demand for premium international brands.

Future Outlook Of The Alcoholic Beverages Sector

  1. Continued Growth: The industry may continue to grow, supported by increasing disposable incomes and shifts toward premium products.
  2. Regulatory Navigation: Companies will need to navigate state-level regulations and licensing complexities to expand reach.
  3. Innovation and Diversification: Product innovation and a focus on sustainable practices will help brands cater to changing consumer preferences.
  4. Global Expansion: Indian alcoholic beverage exports could reach USD 1 bn by 2030. With products such as gin, beer, wine, and rum, the growing export market presents opportunities for liquor companies to expand their global presence.

Features of Liquor Stocks in India

Regulatory Environment

Liquor companies deal with heavy government oversight. Production, marketing, pricing, distribution - regulations touch everything, and they're different in every region.

Demand Sensitivity

How much people drink, what the economy's doing, what tastes are trending - all of these move liquor stocks. Social and market shifts directly impact demand.

Revenue Generation

What drives revenue here? Consumer habits, how well-known the brand is, pricing calls, and where you can buy it. Sales tend to spike and dip with the seasons too.

Geographic Reach

Some liquor companies stick to regions, others go global. Each market plays by different rules—local regulations, what people like drinking, who else is competing.

Advantages of Investing in Liquor Stocks in India

Strong Market Demand

Here's one solid advantage for top alcohol shares in India: people keep buying alcoholic beverages. Cultural traditions and changing habits keep demand steady. Drinking is woven into India's social fabric, which explains why liquor stocks hold up across market cycles.

Diverse Product Offerings

The liquor industry here covers everything. Premium spirits for some, affordable options for others. Indian liquor companies tap into multiple segments this way, reaching more customers and opening up better revenue opportunities.

Growth Potential

The Indian alcohol market has real room to grow. People have more money to spend, cities are expanding, and lifestyles are changing. Premium and craft beverages? They're pulling in more buyers now, pushing premium liquor stocks higher.

Established Brands

Many top liquor companies in India run brands that people recognise and trust. That brand strength builds loyalty and creates competitive advantages. Several alcohol industry stocks lean on their brand equity to expand reach and keep revenue flowing.

Risks of Investing in Liquor Stocks in India

Regulatory Changes

Government policy shifts happen, and they shake things up. New rules on production, advertising, sales - companies scramble to stay compliant and adapt.

Market Volatility

Liquor stocks swing with economic cycles, global news, and how consumers feel. Stock performance can get unpredictable fast.

Supply Chain Disruptions

Raw materials get delayed. Transportation hits snags. Distribution breaks down. Any of these messes with production and delivery, hurting sales and profits.

Consumer Preferences

More people want healthier lifestyles now. Non-alcoholic drinks are gaining ground. Traditional alcoholic products might see demand drop as drinking habits shift.

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Factors to Consider Before Investing in Liquor Stocks\

Regulatory Challenges

India's liquor industry runs on complicated regulations that change from state to state. These rules shape production, distribution, and sales in ways that can hurt operational efficiency and profits for liquor sector stocks.

Market Competition

The Indian alcohol market is packed. Domestic players, international brands - everyone wants a piece. Competition gets intense, squeezing prices and cutting into profit margins.

Economic Fluctuations

Economic conditions matter a lot for liquor stocks. When times get tough, people cut back on discretionary spending. Alcohol included. Sales and profitability take a hit for top alcohol stocks during downturns.

Legal and Social Issues

The liquor industry constantly faces scrutiny. Underage drinking concerns, health debates, and social stigma—all of these create headaches. They affect company reputations and can disrupt operations.

Conclusion

Government regulations are strict, but the Indian alcohol industry still grows at ~7-8% CAGR. Want to dig deeper into individual stocks? Tickertape's Scorecard does the heavy lifting. You get a quantitative checklist breaking down performance, valuation, red flags, growth, profitability—basically everything you need for data-backed decisions on whether a stock works for you. Plus, it stacks stocks against their peers so you see exactly how one performs versus the industry. Pretty useful, right?

Frequently Asked Questions on Liquor Stocks

  1. Which is the No. 1 alcohol company in India?

    Based on market capitalisation, United Spirits Ltd is the top liquor brand in India. To learn more about the top 10 alcohol companies in India, you can consider using Tickertape Stock Screener.

    Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.

  2. What are the biggest alcohol companies in India?

    Among the liquor companies in India listed on the stock market, United Spirits Ltd and United Breweries Ltd are the largest players in the alcohol market. They are major players based on the market capitalisation.

    Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.

  3. How can I assess the financial health of liquor companies in India?

    The financial health of liquor companies can be assessed by analysing key metrics such as revenue growth, profit margins, debt levels, and cash flow. Tickertape Stock Screener may help with stock analysis, offering filters for evaluating these metrics.

    Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.

  4. What are the risks associated with investing in liquor stocks in India?

    Investing in liquor stocks in India carries risks, including regulatory changes, market competition, economic fluctuations, and shifting consumer preferences. Staying informed about these factors and conducting thorough research can help you mitigate these risks.

  5. How do regulatory changes impact liquor companies in India?

    Regulatory changes can significantly impact liquor companies by affecting production, distribution, and sales. Changes in government policies, tax structures, and legal restrictions might influence a company’s profitability and operational efficiency. Staying updated on regulatory developments is crucial for assessing these impacts.

  6. What trends should I look for when investing in liquor stocks in India?

    When investing in liquor stocks, investors can look for trends such as growing demand for premium and craft beverages, shifts in consumer preferences, and economic conditions that impact disposable incomes. Understanding these trends can help you identify the top 10 liquor shares in India and wine stocks with growth potential and sustainable competitive advantages.

    Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.

  7. Which liquor stock in India gives a dividend consistently?

    In India, United Spirits Ltd (part of Diageo Group) is known to give dividends historically. Please check the latest dividend payout, as policies are subject to change over time. To explore liquor shares in India, use resources like the Tickertape Stock Screener.

    Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.

  8. How do liquor stocks perform during a recession?

    Liquor sector stocks may perform differently during a recession. Consumer habits and market conditions impact demand, though some segments may show resilience in broader economic challenges. Alcohol share prices can be affected by these changes.

  9. Is diversification necessary in the Alcoholic Beverages sector stocks?

    Diversification in the Alcoholic Beverages sector may reduce the risk associated with market volatility, regulatory changes, and changing consumer preferences by spreading the investment across different segments and products. It's important to track the liquor stocks list to ensure balanced exposure.

    Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.

  10. Are there any alcohol penny stocks India?

    Here is a list of the alcohol penny stocks India with their share prices below 50, as of 17th December 2025:

    1. Cupid Breweries and Distilleries Ltd
    2. Tahmar Enterprises Ltd
    3. Piccadily Sugar and Allied Industries Ltd
    4. Winsome Breweries Ltd
    5. Ravi Kumar Distilleries Ltd


    pi>Disclaimer: The above list of in India is for educational purposes only and should not be considered investment advice.