What we do Cupid Breweries & Distilleries Ltd shifted from financial services to brewing-industry, focusing on Alcobev product market entry and setting up manufacturing units in India and abroad. |
Founded in 1,985 |
Market share Emerging player post-revival, expanding brewing capacity across multiple Indian states and investing in subsidiaries to strengthen Alcobev footprint. |
Problem solved Meeting growing demand for Alcobev products in India and global markets, including craft and premium segment beverage needs. |
Top clients or who we serve Serving B2B and B2C clients in Alcobev sector, including contract bottling and raw materials supply for breweries and distilleries. |
Key management - |
Our journey and innovations Transitioned in 2024 from finance to brewing; acquired Crochet Industries and invested in Martin Judds Microbreweries; started international subsidiary in Uzbekistan. |
Where we operate India (Goa, Mysore, Pune, Kalyani) and Uzbekistan; targeting expansion in domestic and global Alcobev markets. |
Top products or what we offer Alcobev products including craft and premium beers; contract bottling services; raw materials and consumables for breweries. |
Top brands - |
Raw materials needed Raw materials and intermediates essential for brewing and distillation processes, including inputs for non-alcoholic beer production. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is currently low and non-recurring, with growth expected as manufacturing units become operational. |
Our industry position New entrant with strategic acquisitions, expanding capacity to gain competitive foothold in Indian and select foreign Alcobev markets. |
Financial highlights FY 2024-25 revenue: Rs. 0.58 crore; net loss Rs. 0.5 crore; investing in capacity expansion and new ventures impacting short-term profitability. |
Geographical revenue split Primary revenue from India with emerging investments in Uzbekistan subsidiary; detailed split unavailable due to early stage operations. |
Order book - |
Whats driving growth Market demand for Alcobev products, capacity expansions in key Indian regions, strategic acquisitions, and international footprint development. |
Our future plans Commissioning new manufacturing units in Goa, Mysore, Kalyani, and Pune; expanding craft and premium Alcobev production; strengthening subsidiaries. |
Our green promise - |
Our people and values Committed management team focusing on corporate governance and compliance with emphasis on transparency and ethical business practices. |
Key challenges ahead Operationalizing manufacturing plants, achieving profitability, regulatory approvals, and competing against established Alcobev players. |
Interesting facts Company rebranded in 2024 shifting focus entirely to Alcobev industry with strategic international expansion via wholly-owned Uzbekistan subsidiary. |
Risks and strategy Risks in capital infusion delays, regulatory compliance, market acceptance; mitigated through acquisitions, diversified investments, and capacity expansion plans. |
