What we do Silver Oak (India) Ltd manufactures Indian Made Foreign Liquor (IMFL) including whiskey, vodka, rum, gin, and tango, serving premium and regular segments. |
Founded in 1,984 |
Market share Established player in Madhya Pradesh's liquor market with significant production capacity of 2.75 lakh cases and growing regional presence. |
Problem solved Providing quality domestically produced liquor to meet growing demand in India's expanding alcoholic beverage market. |
Top clients or who we serve B2B distributors and retailers in the alcoholic beverage sector, mainly in regional Indian markets. |
Key management Shirish Jaltare, Whole-Time Director; Leela Kalyani, Director; Deepak Tare, Chief Financial Officer. |
Our journey and innovations Started in 1984, public issue in 1996 financed expansion; ongoing improvements in production and cost control. |
Where we operate Primarily Madhya Pradesh with growing footprint in other Indian states through distributors. |
Top products or what we offer IMFL brands including whiskey, vodka, rum, gin, and tango in regular and premium categories. |
Top brands Silver Oak whiskey and other IMFL products with regional brand recognition. |
Raw materials needed Molasses, grains, packaging materials for liquor manufacturing. |
Raw materials supplier Local and regional suppliers under standard procurement agreements. |
Recurring vs cyclical contribution Revenue largely cyclical, driven by consumer demand trends and regulatory environment. |
Our industry position Competing in a fragmented market with steady niche presence; faces competition from organized and unorganized players. |
Financial highlights FY 2024-25 consolidated revenue ₹120 Cr, net loss ₹106 Cr; standalone loss ₹13 Cr, facing financial headwinds. |
Geographical revenue split Majority revenue from Madhya Pradesh and surrounding regions in India. |
Order book - |
Whats driving growth Growing urban middle class, increased alcohol consumption, and acceptance of premium liquor brands. |
Our future plans Focus on market expansion, cost control, and new product developments to improve profitability. |
Our green promise Efforts to maintain environmental standards and promote hygienic, green factory surroundings. |
Our people and values Committed workforce with stable industrial relations, emphasis on ethics and anti-corruption policies. |
Key challenges ahead Stiff competition, regulatory variations across states, and financial losses requiring turnaround strategies. |
Interesting facts One of the early licensed liquor manufacturers in Madhya Pradesh with longstanding industry presence. |
Risks and strategy Mitigating risks via internal controls, audit systems, and diversification; focusing on strengthening financial health. |
