Tag Archives: alcobev industry

Diageo India Delivers Tangible ESG Gains in FY25

Diageo India recently released its fourth annual ESG Reporting Index, spotlighting advancements on its ‘Spirit of Progress’ ESG action plan. The Reporting Index outlines the company’s impact across three pillars of its Spirit of Progress framework: pioneering grain to glass sustainability, championing inclusion and diversity, and promoting positive drinking, all anchored in doing business the right way.

 Developed in line with the globally recognised GRI Standards, the Index also maps Diageo India’s performance against the UN Sustainable Development Goals (UN SDGs) and provides additional sector-specific disclosures under the Sustainability Accounting Standards Board (SASB) framework.

Jitendra Mahajan, Chief Supply and Sustainability Officer, Diageo India, said, “Our Spirit of Progress ESG agenda reflects the business we are deliberately building—one that grows responsibly, leads with integrity, and creates long-term value. From strengthening water security and accelerating our transition to renewable energy, to advancing inclusion and promoting responsible consumption, our actions demonstrate that a focus on ESG powers performance. As we deepen this momentum, we remain committed to working with partners to build resilient communities, protect natural resources, and shape a more sustainable future for India.”

Under its grain-to-glass sustainability pillar, Diageo India reported major gains in water efficiency, replenishment and collective action, improving water-use efficiency by 54% in distillation and 35% in packaging since 2020 while replenishing 182,000 cubic metres of water in FY25 (cumulative 1.1 million cubic metres) across Maharashtra, Uttar Pradesh, Rajasthan and Meghalaya, continuing to expand WASH interventions and maintaining AWS certification for its Alwar unit, while also co-founding The Godavari Initiative to restore aquifers and build watershed resilience in the Godavari basin.

On carbon and energy, the company has cut GHG emissions by 93% since 2020 by moving all distilleries to biomass-powered boilers and now sources 99% of its energy from renewables including 2.7 MW of in-house solar, achieving zero waste to landfill, reaching 99% recyclable packaging, and integrating 33% r-PET into its PET bottle portfolio, alongside community-led carbon projects including 31,500 mangrove seedlings in Odisha, 1 lakh trees for residual offsetting, and 2 lakh trees planted under Rajasthan’s TOFR programme, while regenerative agriculture efforts have trained 430 farmers—80% smallholders—across 2,000+ acres.

Advancing inclusion and diversity, Diageo India reported women’s representation at 28% of the executive workforce, 30% of the leadership team and 50% of the Executive Committee, supported by active ERGs such as the Spirited Women’s Network and Rainbow Network, while Project Saksham enabled the hiring and upskilling of 43 Persons with Disabilities and Learning for Life trained 1,922 individuals—including 1,282 women and 303 PwDs—bringing women’s participation across Diageo skilling programmes to 67%, and the Diageo Bar Academy trained over 9,400 bartenders and bar owners, as the company continued to strengthen inclusive workplaces recognised by a Gold Employer ranking at IWEI 2024 and a 16th position in Equileap’s Emerging Markets Gender Equality Report 2024.

Diageo India’s responsible drinking initiatives continued to scale nationwide, with Act Smart India reaching 200,000 youth in FY25 (cumulative 500,000), the Wrong Side of the Road anti-drink driving platform implemented across 79 RTOs in 10 states engaging 500,000 consumers in FY25 (total reach 1.2 million since 2021), and the DRINKiQ platform reinforcing moderation and awareness around alcohol-related harm.

Strengthening governance remained foundational to Diageo India’s ESG agenda with a diverse Board led by an Independent Chairperson, all key committees chaired by Independent Directors, and ESG oversight embedded through cross-functional teams reporting quarterly to the Executive Committee, reinforcing the company’s commitment to doing business the right way and driving sustained ESG leadership in India’s alcobev sector.

SOM Distilleries Resilient Performance in H1 FY26

  • Net Profit for H1 FY26 rose to ₹61.56 crore, up 3.9%
  • Total Income was ₹800.09 crore against ₹804.69 crore in FY25, representing a marginal dip of 0.6%

SOM Distilleries has delivered a resilient performance during the second quarter and first half of FY 2026, maintaining profitability and strengthening operating margins despite a marginal decline in total income.

For the half year (H1 FY26), Total Income was ₹800.09 crore against ₹804.69 crore in the previous year, representing a marginal dip of 0.6%. The moderation in revenue reflects temporary market softness; however, underlying demand remains stable.

The gross profit margin expanded to 41.06% in Q2 FY26 from 40.01% in the corresponding quarter. For the first half of FY26, Gross Profit increased by 4.2% to ₹300.9 crore (H1 FY25: ₹288.88 crore), with the gross margin rising to 37.61% from 35.90% last year.

EBITDA for Q2 FY26 grew by 15.1% to ₹40.52 crore as compared to ₹35.19 crore in Q2 FY25. The EBITDA margin expanded significantly to 15.0% in Q2 FY26 from 12.1% reported in Q2 FY25. For the first half of FY26, EBITDA increased by 12.5% year-on-year to ₹112.57 crore. The EBITDA margin increased from 12.43% in the corresponding six months last year to 14.1% for H1 FY26.

The profit before tax (PBT) rose to ₹27.45 crore in Q2 FY26, an increase of 5.5% over the previous year’s ₹26.01 crore. The PBT margin improved to 10.17% in Q2 FY26 compared to 8.94% in Q2 FY25. For H1 FY26, PBT stood at ₹85.83 crore, registering a 4.6% growth year-on-year, with a margin of 10.73% as compared to ₹82.05 crore in H1 FY25 where the margin was 10.20%.

Net Profit for Q2 FY26 increased by 4.3% to ₹19.50 crore (Q2 FY25: ₹18.70 crore). The net profit margin for Q2 FY26 stood at 7.2%, compared to 6.4% reported in the same period last year. Net Profit for H1 FY26 rose to ₹61.56 crore, up 3.9% from ₹59.24 crore last year. The Net Profit Margin expanded to 7.69% from 7.36% in the previous period.

Headquartered in Bhopal, Madhya Pradesh, the company has a strong presence across multiple states and exports to several international markets. It is known for Mahavat Whisky, Bhimbetka Single Malt and beer brands Hunter, Power Cool, Black Fort and Woodpecker.

Competition Commission Clears Tilaknagar Industries’ Acquisition of Pernod Ricard’s Imperial Blue

The Competition Commission of India (CCI) has given the green signal to home-grown alcoholic beverage maker Tilaknagar Industries’ Limited (TIL) proposal to acquire the Imperial Blue whisky business from the Indian arm of French liquor giant Pernod Ricard for Rs 4,150 crore.

In July this year, TIL had announced that it was set to acquire the Imperial Blue whisky business from Pernod Ricard at an enterprise value of 412.6 million Euros (around Rs 4,150 crore).

CCI in a post on X said “Commission approves the acquisition of the business of production, bottling, marketing, and sale of alcoholic and other beverages under the ‘Imperial Brands’ from Pernod Ricard India Pvt Ltd by Tilaknagar Industries Ltd.”

The acquisition will make TIL, which owns brands such as Mansion House Brandy, Courrier Napoleon Brandy, Mansion House Gold Whisky and Blue Lagoon Gin, a leading player in the fast-growing whisky market.

TIL and Pernod Ricard India had entered into a definitive agreement for the transaction related to the sale of the Imperial Blue business division (IB). The consideration includes a deferred payment of 28 million euros (Rs 282 crore as of date) to be paid four years after the date of the closure of the transaction, said a joint statement.

Imperial Blue is the third-largest whisky brand in India by volume. It has reported a revenue of Rs 3,067 crore for the year ended March 2025.

India is the second-largest market for Pernod Ricard. With a consolidated sales revenue of Rs 26,773.22 crore in FY24, Pernod Ricard India is the largest spirit maker in India. TIL had reported a revenue of Rs 1,405 crore and EBITDA of Rs 226 crore for the year ended March 2025. In the September quarter, it had become net debt-free after successfully restructuring its debt.

Allied Blenders & Distillers Expands Manufacturing with PET Unit, Bets Big on Single Malt

Allied Blenders & Distillers Ltd (ABD) has commissioned a polyethylene terephthalate (PET) bottle manufacturing facility at its integrated complex in Rangapur in Telangana. With an annual capacity of over 600 million bottles, the new plant is equipped with robotics, automation, recycling, and energy-saving technologies—part of the company’s backward integration strategy to boost self-reliance and cut costs.

The inauguration was led by founder Kishore Rajaram Chhabria, alongside managing director Alok Gupta and executive director Arun Barik. “This facility will significantly strengthen our supply chain while improving profitability through savings in logistics and packaging costs,” said Gupta.

The Rangapur complex is among ABD’s flagship assets, housing a 65-million-litre extra neutral alcohol (ENA) distillery, an Indian Made Foreign Liquor (IMFL) bottling unit, and now, the PET facility. Regulatory approval was recently granted to increase grain spirit production to 615 lakh bulk litres per year.

In addition, the site is witnessing fresh investment with the setup of a single malt whisky plant at an outlay of ₹75 crore. The facility, expected to commence production by the end of this fiscal year, will mark ABD’s entry into the premium single malt segment. Once distilled, the whisky will mature for at least three years before hitting the market—meaning ABD’s first single malt is expected post-2029.

Betting on Premiumisation and Global Demand

Alok Gupta highlighted that single malt whisky is one of the fastest-growing categories globally, and Indian brands are gaining traction with international accolades. “This will be a fascinating opportunity for ABD as Indian single malts have captured the imagination of global consumers.”

The company already exports to 27 countries and plans to expand its footprint to 35 markets. Exports currently contribute 8% of ABD’s topline.

ABD has also recently introduced five luxury brands since January 2024, diversifying beyond its mass-market Officer’s Choice whisky and Zoya premium gin. Historically known for its sub-₹1,000 price segment, ABD is now positioning itself to compete head-on with international premium players.

Capex-Driven Growth Story

ABD is in the midst of a ₹527 crore capital expenditure programme aimed at operational efficiency, premiumisation, and capacity expansion. About 25% of this investment was completed in FY24, with 60% earmarked for FY25 and the remainder in FY26. The spend will also support the company’s plan to expand total distillation capacity from 71 million litres per annum (mlpa) to 121 mlpa by FY27.

According to Gupta, these investments are expected to lift EBITDA margins from 7.5% to 17% and improve return on capital from 18% to above 20% by FY28. ABD has guided for 14–15% annualised growth in net sales over the next three fiscals, projecting its topline to double in just over five years.

Beyond expansion, ABD continues to embed sustainability in operations. The Rangapur site incorporates water recycling, biomass fuel handling, and energy-efficient automation across production. These measures not only reduce environmental impact, but also improve cost structures, complementing the company’s growth-driven investments.

Listed on Indian stock exchanges in July 2024, ABD reported revenues of ₹3,541 crore in FY25. With backward integration through packaging, aggressive capex in distillation, and a strategic push into single malt, the company is betting on premiumisation and global growth to shape its next decade.

“Consumers are upgrading, regulations are becoming more supportive, and Indian spirits are getting their due recognition globally,” Gupta said. “We see this as the perfect time for ABD to expand beyond our traditional base and build a strong premium portfolio for India and the world.”

Misfit Ready-To-Drink Spritzers by Grover Vineyards

  • Debuting in Karnataka, India’s first crafted sparkling cocktail RTD

Misfit by Grover Vineyards has unveiled the perfect fuel to spark a bold new wave of self-expression. Making its debut in Karnataka, Misfit is India’s first crafted sparkling cocktail RTD. Misfit has four striking flavours: classics like Mimosa and Cranberry, and new ones like Kir Royale and Kalimotxo.

Born from the recipes of Grover Vineyards, Misfit cocktail spritzers have caps which open with a twist. Blended with natural fruit flavours, high-quality grapes, and the finest ingredients, Misfit spritzers are designed to delight the senses. Each variant offers a crisp refreshment with a fruit-forward balance.

“We noticed a rush to conform, whether it’s chasing the latest fashion microtrend or using the same trending audio just to ace the algorithm. That’s precisely why we created Misfit: a spritzer that cuts through the conformity and encourages consumers to embrace their individuality. Misfit also makes exploring spritzers genuinely fun, especially when it’s often seen as something intimidating. It’s truly for the trendsetters, the rebels and everyone who confidently makes their own rules,” said Sumit Jaiswal, Chief Operating Officer of Grover Vineyards.

With its debut in Karnataka paving the way for a nationwide rollout, Misfit is set to shake things up further with even more flavours on the horizon.

September 2025 Issue

The September 2025 issue of Ambrosia is Out!

It features interesting articles like:
•⁠ ⁠UPDA International Summit 2025: Policy, science, and markets drive the agenda
•⁠ ⁠Global alcobev industry market resilience
•⁠ ⁠Tsüipu: From leftover fruit to Nagaland’s favourite wine
•⁠ ⁠Eleven years in the barrel, one landmark release: Indri Founder’s Reserve

Also our E-magazine for 1 Year is Now FREE. Just login, register and view the issues – Subscribe to the magazine here!

Spirits of Celebration, Policy and Resilience

As the festive season approaches, the clinking of glasses takes on new meaning— one of celebration, togetherness and the art of gifting. Among the many tokens of appreciation exchanged, luxury spirits are steadily emerging as a preferred choice. More than just a bottle, they embody craftsmanship, heritage and exclusivity, making them
ideal for commemorating life’s special moments. Whether it is a limited-edition single malt, a premium gin, or a rare cognac, luxury spirits are no longer just indulgences—they are becoming a language of culture and connection during festive gifting.
Speaking about spirits—recently I met Siddhartha Sharma—the Promoter of Piccadilly Distilleries and tasted the Indri-Trini Founder’s Reserve. It represents not only the evolution of Indian whisky-making, but also the country’s ability to stand shoulder-to-shoulder with the world’s finest. The Founder’s Reserve is fast becoming a luxury gifting choice for discerning
consumers. It signals a broader trend—Indian spirits are no longer limited to the domestic
market; they are redefining global perceptions of quality and authenticity.
UPDA also recently concluded its annual conference—with discussions on policy, science and markets as the three drivers of the alcobev landscape in the State. Policy dictates the frameworks within which producers and retailers operate, often determining market accessibility. Science, from advances in fermentation to sustainable packaging,
continues to push boundaries of innovation while addressing consumer demand for quality and responsibility. And markets, constantly shifting with consumer preferences and global economic tides, create the rhythm to which the industry must adapt. The interplay of these three factors doesn’t just drive business—it defines the pace of transformation across regions, from emerging markets like India to established hubs in Europe and the Americas.

Globally, the alcobev industry has demonstrated remarkable resilience in the face of uncertainty. From the disruptions of the pandemic to inflationary pressures and supply chain bottlenecks, producers and distributors alike have shown adaptability by leaning on digital platforms, diversifying portfolios, and embracing new consumer trends such as low- and no-alcohol alternatives. Premiumisation remains a strong current, with consumers showing willingness to spend more on fewer, better experiences. We have covered this and more in this issue, so let’s celebrate the festive season and toast to an industry that continues to evolve with grace, strength and resilience.

Sanjay Dutt’s The Glenwalk Records Sale of a Million in 4 months

The Glenwalk, co-founded by Sanjay Dutt, has reported strong sales. The company sold over one million bottles in India between April and August 2025. This represents a five-fold increase from the previous year. The brand is available in 15 Indian states and four international markets.

The Glenwalk’s success has been driven by Cartel Bros’ co-founders Mokksh Sani, Jitin Merani, Rohan Nihalani, and Manish Sani, whose innovative strategies have propelled the brand’s remarkable trajectory.  The Glenwalk plans to launch new products and expand into more markets

The company said in a statement that the figure represents a five-fold increase from 0.2 million bottles during the same period last year. The brand is currently available in 15 states including Maharashtra, Haryana, Delhi, Karnataka and Tamil Nadu, and has expanded its presence to four international markets including Canada, Australia, New Zealand and the UAE. It is stocked across more than 10,000 retail and bar outlets and featured in 24 duty-free stores globally. In Meghalaya, where it was recently launched, the brand is priced at ₹1,708 and targets sales of 8,000 cases in the first year

“Witnessing The Glenwalk’s meteoric rise in such a short span has been genuinely inspiring. We’ve achieved in two years what takes many brands decades. Our success is a testament to the team’s relentless effort and the high-quality product we offer, and I’m excited for this next phase of growth,” said Sanjay Dutt, co-founder and brand ambassador. The Glenwalk has received over 10 global whisky awards and four business recognitions. It plans to introduce two new expressions – a 5-Year-Old and a 7-Year-Old and expand into six more Indian states and five overseas markets, including the US, Hong Kong, Nepal, Sri Lanka and Africa.

The Glenwalk is now available in Meghalaya. The brand has expanded across 15 Indian states, including Maharashtra, Haryana, Delhi, Karnataka, and Tamil Nadu. Internationally, it is present in Canada, Australia, New Zealand, and the UAE, available at over 10,000 retail and bar outlets, and featured in over 24 duty-free stores worldwide.

“The Glenwalk’s journey has been phenomenal, and our success is a direct result of our strategic vision and the immense market potential we identified,” said Mokksh Sani, Founder of Living Liquidz, Mansionz, and Co-founder of Cartel Bros. Sanjay Dutt, celebrity brand ambassador and co-founder, added, “Witnessing The Glenwalk’s meteoric rise in such a short span has been genuinely inspiring. Our success is a testament to the team’s relentless effort and the high-quality product we offer.”

Hunter Achieves 7 Crore Bottles Average Yearly Sales

Hunter Beer, the flagship brand of SOM Group of Companies, has achieved two milestones this year – celebrating 25 years and registering average yearly sales of 7 crore bottles.  Hunter Beer is known for its smooth yet strong taste and unapologetically confident identity, representing India’s new-agenbeer drinker: bold, ambitious, and ready for the next big moment.
First launched in 1994 and repackaged in 2016, Hunter operates in the mainstream strong segment (MSS), competing with category leaders. Hunter’s presence spans over multiple states across India, including key markets like Madhya Pradesh, Odisha, Delhi, Karnataka, and Jharkhand.
“World Beer Day isn’t just about beer- it’s about the stories we create with every sip,” said Deepak Arora, CEO, SOM Group of Companies. “Hunter Beer has become a part of those stories- from late- night rooftop conversations to weekend getaways with friends. It’s a celebration of bold flavour and fearless living. With annual sales crossing 7 Crore bottles now, Hunter has built a loyal consumer base across metros and rising Tier-II cities. Its success is rooted in uncompromised quality, vibrant branding, and an iconic flavour profile that speaks directly to India’s bold, independent generation.”
SOM Group of Companies offers a diverse portfolio of premium beers, spirits, and ready-to-drink products. Headquartered in Bhopal, the company has a strong presence across multiple states and exports to several international markets. Its flagship brands are Mahavat Whisky, Bhimbetka Single Malt, and popular beer brands are Hunter, Woodpecker, Power Cool & Black Fort.

‘Greater Than’ Brings Back Juniper Bomb

Juniper Bomb, first created in 2020 when a power outage extended a batch of Greater Than’s botanical soak from 10 to nearly 36 hours, the resulting gin was unexpectedly bold, unapologetically juniper-forward, and instantly loved. Originally released as a limited edition, it has found a cult following among purists and has now joined Nao Spirits & Beverages’ permanent lineup. Compared to Greater Than, Juniper Bomb triples the juniper load, delivering a classic London Dry
style gin that is electric—like biting straight into a plump Juniper Berry. It’s bold and complex at first, with a finish of ripe lychees. Its gin designed for those who like their spirit loud and proud; best had with lots of ice and tonic, and no additional garnish, what the team calls ‘Make It Naked’. Commenting on the launch, Anand Virmani, Co-Founder & Master Distiller, Nao Spirits, said, “Juniper Bomb wasn’t part of the plan. It was literally born out of a mistake—but the kind you want to make twice. It packs a punch—just like the juniper that defines it. We like to think of it as a gin with the
volume turned all the way up.”

Hendrick’s Gin Limited Edition Oasium Released

Hendrick’s Gin has introduced limited edition—Hendrick’s Oasium, distilled by its Master Distiller, Lesley Gracie, and filled with herbs and vibrant fruits. Hendrick’s Oasium is the latest addition to Hendrick’s Cabinet of Curiosities. It’s designed for gin lovers who like something new and intriguing, with a flavour that’s enjoyed with cucumber and tonic.

 With bright citrus and herbal notes, this limited release features desert-inspired botanicals that elevate the crisp, green flavours.

Lesley Gracie, Master Distiller at Hendrick’s said, “It was fascinating to see what plants grow and thrive in an oasis; there are things you wouldn’t expect and some others that you absolutely would. There’s a very distinctive, green, fresh character to Hendrick’s Oasium and a specific bright citrus note from some particularly small desert botanicals. This is rounded off by a lovely depth of flavour and the aromatic oasis herbs tie it all together. I always take inspiration from my surroundings and playing polo on camels was hilarious. Whenever I see the palm trees at Hendrick’s Gin Palace I’m transported back to that day when I fed my camel cucumbers, which it enjoyed immensely. It was so much fun I just had to capture that day in a gin as a way of keeping that memory forever!”

It can be had as Oasium and Tonic, garnished with cool cucumber slices; Oasium Fizz, twist on the Paloma, mixing with pink grapefruit, lime juice, and soda; and Oasium Pegu Club, where citrus botanicals shine alongside orange liqueur, lime, and bitters.

Ally Martin, Hendrick’s Global Brand Ambassador added, “Given Hendrick’s Oasium is inspired by a curious oasis, we wanted to lean into that with the suggested drink serves. First and foremost, as with all our releases, Hendrick’s Oasium works wonderfully in a Gin & Tonic. An alternative long serve is the Hendrick’s Oasium Fizz which is akin to a Paloma. The grapefruit works so well with Hendrick’s Oasium and the bright and zesty notes of the gin, coupled with a little sugar and soda to lengthen, is a winner when gathering friends together.”

“Hendrick’s has always championed the art of the unusual, and that’s what sets us apart in the premium white spirits category. We’ve consistently rewarded consumer curiosity, not just with the gin itself, but through immersive experiences, whimsical storytelling, and unexpected collaborations. In a world that’s constantly changing, the launch of our limited edition, Hendrick’s Oasium reflects our commitment to re-engage audiences in a refreshingly curious way that has helped Hendrick’s remain a beloved choice for those who seek something truly distinctive,” said Sachin Mehta, Managing Director, William Grant & Sons. Hendrick’s Oasium is available in select regions such as Delhi, Gurugram, Mumbai, Goa and Kolkata.