What we do Jagatjit Industries Ltd manufactures and sells liquor products including Indian Made Foreign Liquor and Country Liquor. It operates manufacturing plants in India and has a presence across multiple states. |
Founded in 1,944 |
Market share Strong presence in key Indian states with popular whisky brands like Aristocrat and AC Black; exports to 15 global markets. |
Problem solved Provides quality alcoholic beverages addressing diverse consumer preferences under regulated Indian liquor policies. |
Top clients or who we serve Serves B2C customers primarily in India and international markets; segments include IMFL and country liquor consumers. |
Key management Ravi Manchanda (Managing Director), Anil Vanjani (CEO & CFO), Roopesh Kumar (Company Secretary) among others. |
Our journey and innovations Over 80 years with milestones like launch of flagship 'Aristocrat', introducing 'Teacher's' scotch, and new single malt brands; expansion in ethanol production. |
Where we operate Operations across India with manufacturing units in Punjab, Rajasthan and franchise operations in 9+ states; exports to 15 countries. |
Top products or what we offer Key brands include Aristocrat, AC Black Pure Grain Whisky, King Henry VIII (Damn Good Scotch), along with country liquor and malt food products. |
Top brands Aristocrat Premium - iconic legacy brand; AC Black - popular whisky; King Henry VIII - premium scotch; Binnie's potato chips; malted food products. |
Raw materials needed Broken rice for Extra Neutral Alcohol production; malt for malt extract products. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue largely cyclical, linked to liquor sales and regulated state policies; recurring contractual manufacturing revenue in food products. |
Our industry position A prominent player in Indian liquor market with key brands and strong presence in multiple states and export markets. |
Financial highlights FY25 consolidated revenue approx. Rs 642 crore; loss before tax Rs 23 crore; investing in ethanol capacity and premiumization for growth. |
Geographical revenue split Majority revenue from within India (~Rs 466 crore) and exports (~Rs 26 crore). |
Order book - |
Whats driving growth Premiumization of liquor brands, expansion into new states and overseas markets, ethanol plant commissioning, and product portfolio diversification. |
Our future plans Phasing transition from franchise to company-owned IMFL operations, expanding into UP and other states, launching single malt and premium brandy. |
Our green promise - |
Our people and values Commits to good governance, employee incentive plans, and values transparency and compliance. |
Key challenges ahead Regulatory constraints, rising raw material costs, competitive industry landscape, and operational transition risks. |
Interesting facts The company has over 80 years of legacy and multiple 'Millionaire' brands; first Indian joint venture to launch Teacher's Scotch whisky. |
Risks and strategy Managing regulatory risks via diversification; strategic shift to company-owned operations and premium segments to enhance margins. |