What we do Shri Gang Industries & Allied Products Ltd is an integrated alcohol beverage company in India, producing and bottling IMFL, country liquor, and edible oils. |
Founded in 1,989 |
Market share A key player in the UP liquor market, with a long-term contract manufacturing partnership with Diageo (United Spirits Ltd). |
Problem solved Meets growing demand for premium and country liquors in Uttar Pradesh with quality-controlled manufacturing and integrated operations. |
Top clients or who we serve B2B, serving major spirits companies like Diageo, and B2C through its own UPML brands Golden Cascade and Bulldozer. |
Key management Chairman Sanjay Kumar Jain (CA, 35 years experience), Whole-time Director Arun Kumar Sharma (35+ years in liquor industry). |
Our journey and innovations Started as vanaspati-oils producer (1989), shifted to liquor manufacturing and bottling (2020), expanded distillery capacity and secured exclusive tie-ups. |
Where we operate Primarily Uttar Pradesh, India with manufacturing units at Sandila and Sikandrabad, serving North Indian markets. |
Top products or what we offer IMFL bottling for Diageo brands, own UPML brands Golden Cascade and Bulldozer, Extra Neutral Alcohol (ENA) production. |
Top brands Golden Cascade (UPML brand), Bulldozer Black Rum (UPML), contract manufacturing for Signature, McDowell’s No.1, Royal Challenge, Antiquity Blue, VAT 69, Black Dog, Smirnoff. |
Raw materials needed Maize, rice, and other grains for distillery; oils and fats for edible oils segment. |
Raw materials supplier Local grain producers in Uttar Pradesh, India’s largest maize and rice belt. |
Recurring vs cyclical contribution Majority of revenue is recurring from contract manufacturing and steady in-house alcohol production; edible oils contribute marginally. |
Our industry position Growing market share in UP’s alco-bev industry with strategic partnership with Diageo securing 64% revenue from contract manufacturing. |
Financial highlights FY25 Revenue Rs 353 Cr, Net Profit Rs 29 Cr, EBITDA Margin 15%, 22% Revenue CAGR (FY22-FY25), Net debt to equity 1.7x. |
Geographical revenue split 100% revenue from India, mainly Uttar Pradesh. |
Order book Long-term contract manufacturing with United Spirits Ltd (Diageo) covering ~3 million annual cases. |
Whats driving growth Rising UP alcohol demand, expansion of distillery capacity, strategic tie-ups, and premium brand bottling contracts. |
Our future plans Increase bottling capacity to 10 million cases, expand distillery in phases, and grow own UPML and contract manufacturing brands. |
Our green promise Focus on energy conservation at distillery with latest technology and coal dust collection systems to minimize environmental impact. |
Our people and values 235 employees, stable industrial relations, strong corporate governance and compliance culture. |
Key challenges ahead Maintaining compliance, expanding market share amid competition, sustaining operational efficiency and managing raw material supply. |
Interesting facts Recovered from net worth erosion to turn profitable by diversifying into liquor and partnering with global leaders like Diageo. |
Risks and strategy Industry regulation risks mitigated by compliance; strategies include capacity expansion, brand growth, and cost control. |
