Best Liquor Stocks in India (2025)
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 (2025)
Alcoholic Beverages Stock Screener
Alcoholic Beverages Stock Screener: Analyse & Filter Indian Stocks on Tickertape
last updated at 9:45 PM IST
Showing 1 - 20 of 23 results
last updated at 9:45 PM IST
| NameStocks (23)↓ | ↓Sub-SectorSub-Sector↓ | ↓Market CapMarket Cap↓ | ↓Close PriceClose Price↓ | ↓PE RatioPE Ratio↓ | ↓1D Return1D Return↓ | ↓1M Return1M Return↓ | ↓6M Return6M Return↓ | ↓1Y Return1Y Return↓ | ↓PB RatioPB Ratio↓ | ↓Return on EquityReturn on Equity↓ | ↓ROCEROCE↓ | ↓Dividend YieldDiv Yield↓ | ↓Debt to EquityDebt to Equity↓ | ↓Volatility vs NiftyVolatility vs Nifty↓ | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | United Spirits LtdUNITDSPR | Alcoholic BeveragesAlcoholic Beverages | 1,00,374.421,00,374.42 | 1,362.301,362.30 | 63.4563.45 | -1.28-1.28 | -6.12-6.12 | -6.55-6.55 | 4.844.84 | 14.1014.10 | 21.4621.46 | 30.5830.58 | 0.870.87 | 0.040.04 | 1.871.87 | |
| 2. | United Breweries LtdUBL | Alcoholic BeveragesAlcoholic Beverages | 53,507.6753,507.67 | 2,002.702,002.70 | 121.14121.14 | -1.04-1.04 | 0.600.60 | -2.75-2.75 | -4.26-4.26 | 12.2512.25 | 10.3310.33 | 13.9213.92 | 0.490.49 | 0.140.14 | 1.801.80 | |
| 3. | Radico Khaitan LtdRADICO | Alcoholic BeveragesAlcoholic Beverages | 36,651.5936,651.59 | 2,718.302,718.30 | 106.05106.05 | -0.72-0.72 | 4.634.63 | 15.7015.70 | 61.0761.07 | 13.3113.31 | 13.3113.31 | 17.4317.43 | 0.150.15 | 0.270.27 | 2.552.55 | |
| 4. | Allied Blenders and Distillers LtdABDL | Alcoholic BeveragesAlcoholic Beverages | 13,900.2013,900.20 | 479.50479.50 | 71.3371.33 | -3.51-3.51 | 13.9913.99 | 17.3817.38 | 54.5854.58 | 8.898.89 | 19.7919.79 | 23.2523.25 | 0.720.72 | 0.580.58 | 3.023.02 | |
| 5. | Tilaknagar Industries LtdTI | Alcoholic BeveragesAlcoholic Beverages | 7,632.397,632.39 | 396.75396.75 | 33.2433.24 | 0.750.75 | 7.237.23 | -4.55-4.55 | 59.5059.50 | 11.6711.67 | 24.2824.28 | 31.1131.11 | 0.250.25 | 0.190.19 | 4.234.23 | |
| 6. | Piccadily Agro Industries LtdPICCADIL | Alcoholic BeveragesAlcoholic Beverages | 5,635.365,635.36 | 602.50602.50 | 55.0755.07 | 0.860.86 | 5.545.54 | -28.99-28.99 | -17.22-17.22 | 16.5916.59 | 38.4338.43 | 39.2339.23 | -- | 0.510.51 | 3.683.68 | |
| 7. | Som Distilleries and Breweries LtdSDBL | Alcoholic BeveragesAlcoholic Beverages | 3,210.833,210.83 | 160.26160.26 | 33.4733.47 | 3.773.77 | -4.07-4.07 | 43.0643.06 | 43.6043.60 | 5.415.41 | 17.8617.86 | 20.8820.88 | -- | 0.280.28 | 3.183.18 | |
| 8. | Globus Spirits LtdGLOBUSSPR | Alcoholic BeveragesAlcoholic Beverages | 3,166.393,166.39 | 1,099.801,099.80 | 135.66135.66 | 0.610.61 | 13.6613.66 | 18.7318.73 | 31.4031.40 | 3.253.25 | 10.3710.37 | 6.806.80 | 0.250.25 | 0.340.34 | 3.863.86 | |
| 9. | Sula Vineyards LtdSULA | Alcoholic BeveragesAlcoholic Beverages | 2,523.052,523.05 | 298.10298.10 | 35.9435.94 | -0.25-0.25 | -1.95-1.95 | -21.32-21.32 | -39.69-39.69 | 4.304.30 | 12.3612.36 | 17.0317.03 | 1.201.20 | 0.540.54 | 2.172.17 | |
| 10. | Associated Alcohols & Breweries LtdASALCBR | Alcoholic BeveragesAlcoholic Beverages | 2,142.572,142.57 | 1,165.101,165.10 | 26.3126.31 | -1.69-1.69 | 12.1112.11 | -1.98-1.98 | 72.4772.47 | 4.124.12 | -- | 20.3020.30 | -- | 0.200.20 | 4.094.09 | |
| 11. | G M Breweries LtdGMBREW | Alcoholic BeveragesAlcoholic Beverages | 1,674.451,674.45 | 726.95726.95 | 12.9812.98 | -0.81-0.81 | 0.400.40 | -3.79-3.79 | -10.00-10.00 | 1.781.78 | 14.6614.66 | 17.0817.08 | 1.021.02 | 0.000.00 | 3.033.03 | |
| 12. | Jagatjit Industries LtdJAGAJITIND | Alcoholic BeveragesAlcoholic Beverages | 919.51919.51 | 206.25206.25 | -39.21-39.21 | 4.944.94 | 17.6917.69 | -7.12-7.12 | 1.581.58 | 12.0912.09 | 10.7510.75 | 1.141.14 | -- | 3.563.56 | 3.473.47 | |
| 13. | IFB Agro Industries LtdIFBAGRO | Alcoholic BeveragesAlcoholic Beverages | 679.16679.16 | 724.70724.70 | 30.4030.40 | -0.05-0.05 | -1.21-1.21 | 26.6526.65 | 31.7531.75 | 1.111.11 | 3.843.84 | 5.815.81 | -- | 0.010.01 | 3.443.44 | |
| 14. | Fratelli Vineyards LtdFRATELLI | Alcoholic BeveragesAlcoholic Beverages | 631.64631.64 | 148.85148.85 | -45.15-45.15 | 1.991.99 | 0.660.66 | -42.54-42.54 | -56.98-56.98 | 23.5423.54 | 0.360.36 | -29.71-29.71 | -- | 1.221.22 | 3.633.63 | |
| 15. | Cupid Breweries and Distilleries LtdCUPIDTR | Alcoholic BeveragesAlcoholic Beverages | 551.02551.02 | 104.30104.30 | -1,102.04-1,102.04 | -1.60-1.60 | -- | 15.3815.38 | 306.31306.31 | -459.18-459.18 | -- | -52.08-52.08 | -- | -- | 3.793.79 | |
| 16. | Tahmar Enterprises LtdTAHMARENT | Alcoholic BeveragesAlcoholic Beverages | 185.07185.07 | 13.8013.80 | -71.18-71.18 | 0.510.51 | -3.04-3.04 | -41.03-41.03 | -31.10-31.10 | 2.402.40 | 0.130.13 | -2.37-2.37 | -- | 0.200.20 | 3.433.43 | |
| 17. | Aurangabad Distillery LtdAURDIS | Alcoholic BeveragesAlcoholic Beverages | 147.60147.60 | 153.80153.80 | 16.4416.44 | 6.816.81 | -7.57-7.57 | -20.76-20.76 | -37.98-37.98 | 1.691.69 | 27.1827.18 | 15.8315.83 | -- | 0.710.71 | 4.714.71 | |
| 18. | Piccadily Sugar and Allied Industries LtdPICCASUG | Alcoholic BeveragesAlcoholic Beverages | 124.18124.18 | 53.2653.26 | -136.46-136.46 | -0.26-0.26 | 0.750.75 | -17.44-17.44 | -18.93-18.93 | 10.1910.19 | -14.46-14.46 | -7.23-7.23 | -- | 1.251.25 | 3.033.03 | |
| 19. | Valencia Nutrition LtdVALENCIA | Alcoholic BeveragesAlcoholic Beverages | 103.39103.39 | 62.5662.56 | 95.7395.73 | 2.742.74 | 6.716.71 | 34.4834.48 | 53.8253.82 | -50.44-50.44 | -- | 36.7836.78 | -- | -- | 4.814.81 | |
| 20. | Winsome Breweries LtdWINSOMBR | Alcoholic BeveragesAlcoholic Beverages | 90.0190.01 | 32.2732.27 | 600.05600.05 | -0.80-0.80 | -5.57-5.57 | -19.65-19.65 | -37.40-37.40 | 2.642.64 | 1.661.66 | 0.790.79 | -- | 0.270.27 | 3.103.10 |
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
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:
- Sign Up and Log In: You can create an account on the Tickertape or log in if you already have one.
- Search for Liquor Stocks: Go to Tickertape Stock Screener and select the “Alcoholic Beverages” under “Consumer Stapes” sector
- 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.
- 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.
- Add to Watchlist: You may keep track of potential investments by adding them to your watchlist.
- 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!
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 manufacturing, marketing, and selling premium spirits, including iconic brands like 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 liquor 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.
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:
- 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.
- Consumer Trends: Younger consumers and women are contributing to increased alcohol consumption, with a shift toward social drinking.
- Product Diversity: The market encompasses a diverse range of beverages, including beer, spirits, and regional-specific drinks, catering to various consumer segments.
- Regional Variations: Key states, such as Maharashtra and Goa, are major contributors, influenced by urban growth, tourism, and local consumption habits.
- 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
- Continued Growth: The industry may continue to grow, supported by increasing disposable incomes and shifts toward premium products.
- Regulatory Navigation: Companies will need to navigate state-level regulations and licensing complexities to expand reach.
- Innovation and Diversification: Product innovation and a focus on sustainable practices will help brands cater to changing consumer preferences.
- 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 operate under strict government regulations that impact the production, marketing, pricing, and distribution of alcoholic beverages, which vary across regions.
Demand Sensitivity
Liquor stocks are influenced by trends in alcohol consumption in India, economic cycles, and shifting preferences, making demand responsive to changes in societal and market conditions.
Revenue Generation
Revenue in the liquor industry can be influenced by consumer consumption patterns, brand recognition, pricing strategies, and distribution networks, with potential seasonal variations.
Geographic Reach
Liquor companies may operate on a regional or global scale, with market dynamics differing based on country-specific regulations, consumer preferences, and competition levels.
Advantages of Investing in Liquor Stocks in India
Strong Market Demand
One of the benefits affecting alcohol stocks in India is the steady demand for alcoholic beverages, which is influenced by cultural practices and changing consumer behaviours. The consumption of alcohol in India is deeply ingrained in social and cultural practices, which underpins the steady liquor stock performance seen in various cycles.
Diverse Product Offerings
The liquor industry in India offers a wide range of products, from premium spirits to affordable options. This diversity allows Indian liquor companies to cater to various market segments, potentially leading to a broader customer base and enhanced revenue opportunities.
Growth Potential
The Indian alcohol market has significant growth potential, driven by factors such as increasing disposable incomes, urbanisation, and changing lifestyles. More consumers are now willing to spend on premium and craft beverages, contributing to the growth of premium liquor stocks.
Established Brands
Many top liquor companies in India have well-established brands with strong market recognition. This brand strength can lead to customer loyalty and competitive advantages in the market. Several alcohol industry stocks leverage their brand equity to expand their reach and sustain revenue.
Risks of Investing in Liquor Stocks in India
Regulatory Changes
Changes in government regulations may impact liquor production, advertising, and sales, creating challenges in compliance and market adaptation for companies.
Market Volatility
Liquor stocks can be subject to market fluctuations due to economic cycles, global events, and shifts in consumer sentiment, which can unpredictably impact stock performance.
Supply Chain Disruptions
Disruptions in raw material availability, transportation, or distribution networks can hinder production and delivery, affecting the sales and profitability of liquor companies.
Consumer Preferences
Shifting consumer preferences toward healthier lifestyles, non-alcoholic beverages, or changing alcohol consumption habits may lead to reduced demand for traditional alcoholic products.
Receive real-time market alerts for timely decisions
Monitor your portfolio from the palm of your hands
Watchlist stocks and mutual funds to stay updated
Factors to Consider Before Investing in Liquor Stocks
Regulatory Challenges
The liquor industry in India is subject to stringent regulations, which can vary significantly across different states. These regulations can impact production, distribution, and sales, posing a risk to the operational efficiency and profitability of liquor sector stocks.
Market Competition
The Indian alcohol market is highly competitive, with numerous domestic and international players vying for market share. This intense competition can lead to pricing pressures and reduced profit margins for companies.
Economic Fluctuations
Economic conditions can significantly influence the performance of liquor stocks. During economic downturns, consumers may cut back on discretionary spending, including alcohol. This can lead to reduced sales and profitability for alcohol stocks.
Legal and Social Issues
The liquor industry often faces legal and social scrutiny, including issues like underage drinking, health concerns, and social stigmas. These factors can impact the reputation and operations of liquor companies.
To Wrap Up
The Indian alcohol industry is one of the growing industries. Despite the regulations imposed by the government, the industry is growing at a CAGR of ~7-8%. But to thoroughly analyse every stock, use Tickertape’s Scorecard. It gives you a quantitative checklist with various scores such as performance, valuation, red flags, growth, profitability, and more to make quicker, data-backed conclusions on whether a stock is good to invest in or not. Moreover, these take the stock’s peers into consideration, so you know how a particular stock is faring in the industry. Interesting, isn’t it? Check out the Scorecard now!
Popular Stock Collections
Popular Mutual Fund Collections
Frequently Asked Questions on Liquor Stocks
1. Which is No. 1 alcohol company in India?
Based on market capitalisation, United Spirits Ltd is the top liquor brand in India.2. What are the biggest alcohol companies in India?
Among the listed liquor companies in India, United Spirits Ltd and United Breweries Ltd are the largest players in the alcohol market. They are major players based on the market capitalisation.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.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, 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 best liquor stocks and wine stocks with growth potential and sustainable competitive advantages.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.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.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.10. Is it safe to invest in liquor stocks?
The safety of investing in liquor stocks depends on individual risk assessment. Factors such as regulatory changes, market volatility, and consumer trends can impact stock performance in this sector, so one needs to evaluate them carefully.
