Top 5 Liquor Stocks by Market Capitalization in India

Nishita Gupta
Nishita Gupta March 10, 2023
Updated 2023/03/10 at 3:41 PM

Top Liquor Stocks #1 – United Spirits

United Spirits logo

United Spirits Limited, is the world’s second-largest spirits company by volume. The company was originally founded by Scotsman Angus McDowell in Chennai.

Currently, United Spirits are headquartered in Bangalore. The company has been around for almost 2 centuries and is currently the biggest in the country with a market cap of  Rs 63,250 Cr.

Top Liquor Stocks #2 – United Breweries

UB Group is another alcoholic beverage giant in India. The company was founded in 1857 by Vittal Mallya. It has a 40% market share in the Indian brewing market. They are headquartered in  UB City, Bangalore. Although they come second in terms of size with a market cap of Rs 44,250 Cr, they are India’s largest beer producer.

Top Liquor Stocks #3 –Radico Khaitan

Radico Khaitan logo

Radico Khaitan Ltd. (RKL) manufactures industrial alcohol, Indian Made Foreign Liquor (IMFL), and country liquor. The company has a market cap of Rs. 12,273 cr., making it the third-largest in the Indian industry.

It was founded in 1943 by Dr Lalit Khaitan and is headquartered in Rampur, Uttar Pradesh. The company sells its brands in more than 85 countries.

Top Liquor Stocks #4 –Globus Spirits

Top Liquor Stocks - Assoc Alcohol logo

Globus Spirits Ltd. was founded in 1992 and since then has come a long way in a short period of time. The company caters to four segments i.e.  Indian Made Indian Liquor (IMIL), Indian Made Foreign Liquor (IMFL), IMFL Bottling, and bulk alcohol. It currently has a market cap of Rs 2,500 Cr.

The company is famous in the segment of country liquor better known locally as ‘desi daru’. According to Globus, the Indian country liquor is about 242 million cases with a growth rate of about 7% per annum.

Top Liquor Stocks #5 –GM Breweries

Top Liquor Stocks - GM Breweries logo

G.M.Breweries Limited (GMBL) was set up in 1981 by Shri Jimmy William Almeida. He created the company with the aim of providing the finest quality country liquor to the common man at the lowest possible price. It is headquartered in the state of Maharashtra. GM Breweries Ltd. currently has a market cap of Rs 1,100 Cr.

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