India’s beer industry is experiencing a momentous transformation, driven by changing consumer preferences and a rising demand for craft beer. In this blog, we embark on a captivating journey to explore the best beer companies in India, shedding light on their market dominance, brewing expertise, and economic prowess. By examining key economic data, we uncover the success stories and growth trajectories of these companies, offering valuable insights into this thriving industry.
Beer consumption in India has witnessed a notable upswing in recent years, with a considerable shift from traditional spirits to beer among urban and younger demographics. The rising preference for beer can be attributed to factors such as social acceptance, evolving drinking habits, and a growing beer culture.
Economic Overview: The Indian beer market has emerged as one of the fastest-growing sectors within the country’s alcoholic beverages industry. Over the past decade, it has experienced a robust compound annual growth rate (CAGR), reflecting the increasing acceptance and popularity of beer among Indian consumers.
Market Size and Value: In terms of market size, the Indian beer industry has expanded significantly, driven by factors such as urbanization, changing lifestyles, and a growing young population. According to recent data, the market value of the Indian beer industry stood at approximately INR X billion in the fiscal year 2022-2023.
The beer industry in India has attracted significant investments from both domestic and international players. Breweries are expanding their production capacities, introducing new product variants, and leveraging marketing strategies to tap into the immense potential of this market. We have curated a list of top beer companies in India:
United Breweries Limited, commonly known as UB, is the largest beer company in India. Established in 1857, it boasts an extensive portfolio of popular beer brands such as Kingfisher, UB Export, and Heineken. UBL has a robust distribution network and a strong market presence, both domestically and globally. With its commitment to quality and innovation, UBL continues to dominate the Indian beer market.
Carlsberg India Pvt. Ltd., a subsidiary of the renowned Danish brewing company Carlsberg Group, entered the Indian market in 2007. The company has gained significant popularity with its flagship brand, Carlsberg, known for its quality and distinct taste. Carlsberg India has expanded its portfolio to include brands like Tuborg, Kronenbourg 1664, and Elephant, catering to diverse consumer preferences.
| Operating Revenue | Over INR 500 cr |
| EBITDA | -33.62 % |
| Networth | 7.92 % |
| Debt/Equity Ratio | 0.02 |
| Return on Equity | 7.34 % |
- B9 Beverages Pvt. Ltd. (Bira 91)
Bira 91, a craft beer brand, has made a strong impact on the Indian beer market. Known for its innovative flavors and contemporary branding, Bira 91 has captured the attention of the younger demographic. The company focuses on producing high-quality craft beers, offering a unique and refreshing experience to consumers.
| Operating Revenue | Over INR 500 cr |
| EBITDA | -81.49 % |
| Networth | -51.22 % |
| Debt/Equity Ratio | 6.20 |
| Return on Equity | -599.36 % |
Dhasabuja Breweries Private Limited, previously known as Molson Coors Cobra India, a joint venture between Molson Coors Brewing Company and Cobra Indian Beer Pvt. Ltd., is another prominent player in the Indian beer industry. With a diverse range of brands like Cobra Premium, King Cobra, and Thunderbolt, the company caters to different segments of consumers, ensuring a wide market reach.
| Operating Revenue | Under INR 1 cr |
| EBITDA | -297.37 % |
| Networth | -16.25 % |
| Debt/Equity Ratio | 0.00 |
| Return on Equity | -19.40 % |
Anheuser-Busch InBev, a leading global brewing company, has a strong presence in the Indian beer market. With brands like Budweiser, Hoegaarden, and Stella Artois, AB InBev offers a premium beer experience to Indian consumers. The company focuses on quality brewing techniques and brand-building initiatives to maintain its market position.
| Operating Revenue | Over INR 500 cr |
| EBITDA | -616.36 % |
| Networth | 152.86 % |
| Debt/Equity Ratio | 0.97 |
| Return on Equity | -102.37 % |
Mohan Meakin Limited is one of the oldest breweries in India, with a history dating back to 1934. Known for its iconic beer brand, Golden Eagle, the company has established itself as a trusted player in the Indian beer market. Mohan Meakin Limited also produces other alcoholic beverages and operates several distilleries across India.
| Operating Revenue | Over INR 500 cr |
| EBITDA | 19.88 % |
| Networth | 33.28 % |
| Debt/Equity Ratio | 0.02 |
| Return on Equity | 24.37 % |
