| Beer | Manufacture and sale of alcoholic beer products in strong, mild, premium, flavored and international categories. | Strong brand equity, wide distribution, strategic Heineken partnership, production scale, and quality controls. | Primarily B2C with retail consumers across India and exports; also B2B through distributors and bars. | Premium and flavored beer variants delivering higher margins. | 19403 | 99 | Revenue from product sales across retail and institutional channels. | Pricing driven by state regulations, premium pricing for upscale bars and retail outlets. | Premiumisation trend, new product launches, expanding youth consumer base, and enhanced distribution. | Kingfisher Strong, Kingfisher Ultra, Heineken Silver, Amstel Grande, London Pilsner |
| Non-alcoholic beverages | Production and sale of non-alcoholic malt beverages to health-conscious and alcohol-restricted markets. | First mover advantage with strong brand recognition and leveraging brewing expertise. | B2C in alcohol-prohibited regions and consumers seeking non-alcoholic options. | Emerging segment with potential for margin expansion as volumes grow. | 5 | 1 | Sales through select retail and regulated markets. | Competitive pricing with focus on market penetration and category creation. | Rising demand for low/no alcohol options especially among urban youth. | Kingfisher Non-Alcoholic Beer, Heineken 0.0 |
