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Bira 91

Sell
Market Cap ₹979Cr. Stock P/E -2.2
Current Price ₹110 Book Value ₹85.1
Lot Size 100 52W Low
52W High Demat Account NSDL\CDSL
EPS -234.3 ISIN INE833U01014
Debt to Equity 1.94 Valuation ⭐⭐⭐⭐⭐
Face Value 10 No. of Shares 1.9
Current Price : ₹110
Price History

Description

Buy Price Minimum Quantity Amount
₹ 100 100 ₹ 10,000

Sell Price Minimum Quantity Amount
₹ 120 100 ₹ 12000

Company Overview:

Industry: Breweries & Distilleries

Incorporation Year: 2015

Website: https://www.bira91.com/

Company Overview :

In India, B9 Beverages Limited formally known as B9 Beverages Private Limited is known for its beer brand Bira 91. Incorporated in 2015 and headquartered in New Delhi, Bira 91 has become inarguably famous among urban millennials, for its bold identity, delicious beer, and strong draft network. It has created a very strong portfolio of beers and aims to come up with more colours and flavours and bring a global shift. The beer is made from wheat, barley, and hops and is available in various drafts such as 330ml, 650ml bottles, and 500ml cans. B9 Beverages Limited was registered in the name of Divya Jyoti Coaching Institute Private Limited. The company now has four breweries in India. They offer various types of beers such as light beer, strong ale, boom strong, classic beers, white ale, blonde lager, and much more. The first brewery unit of the company was actually located in the Flanders region of Belgium, a craft distillery was used to manufacture the beer with ingredients from the Himalayas, France, Belgium, and Bavarian Farms, then the beer was finally imported to India. After the initial success, the company began manufacturing the beer in India with the same ingredients. In 2017, Bira 91 vaulted to New York City to start its campaign in the United States, and in 2018, the brand expanded its spread to the Asia Pacific market by entering Singapore.

Announcement and News

BIRA 91 Expands Reach with Mumbai Taproom Oct 19, 2024

BIRA 91, India’s leading craft beer brand, has opened its first taproom in Mumbai. Located in Santa Cruz, the taproom offers a wide range of craft beers and a curated food menu. This is BIRA 91’s eighth taproom in India, expanding its reach and commitment to the craft beer culture. The brand aims to provide a welcoming space for beer enthusiasts to connect and enjoy a unique drinking experience.

Financial Data (IN CR.)

 

YEAR 2023 2022 2020
NET SALES 824.3 718.9 457.2
TOTAL INCOME 848.7 726.5 463.6
NET PROFIT -445.5 -396.1 -417.4
SHAREHOLDERS FUND 161.9 -222.8 18.3
TOTAL ASSETS 1274.2 730.1 586.1
EPS -234.3 -208.31 -170.34

Financial Docs

Type Period/Date Document
Annual Report 2023-24
Download
Annual Report 2022-23
Download
Annual Report 2021-22
Download
Annual Report 2020-21
Download

Profit and Loss (IN CR.)

 

Mar 2021 Mar 2022 Mar 2023
Revenue 428.2 717.77 824.32
Cost Of Material Consumed 87.17 164.4 265.38
Gross Margin 79.64 77.1 67.81
OPM -24.39 -24.13 -29.12
Other Income 34.61 15.98 24.39
Other Expenses 378.01 567.45 710.29
Depreciation & Amortization 74.24 90.09 121.41
Profit Before Tax -211.28 -335.07 -433.69
Net Profit Margin -49.34 -46.68 -54.04
EPS in Rs -159.22 -69.51 -79.56
Finance Cost 76.2 87.72 96.59

Balance Sheet (IN Cr.)

 

Mar 2021 Mar 2022 Mar 2023
Share Capital 13.27 48.206 55.99
Reserves 28.07 -72 106
Borrowings 246.94 346.71 314.6
Other Liabilities 494.52 482.45 507.63
Total Liabilities 920.87 992.63 1274.27
Fixed Assets 76.36 84.45 431.45
CWIP 7.01 7.16 15.16
Investments 35.52 54.7 1.1
Other Assets 578.2 645.76 492.54
Total Assets 920.87 992.8 1274.13

Shareholding Pattern

 

Mar 2021 Mar 2022 Mar 2023
Mr. Ankur Jain 28.95% 9.15% 24.43%
Day 1 Advisors Private Limited 16.29%
Mrs. Shasi Jain 4.88% 11.24%
Sci Investment V 7.56% 18.59% 8.39%
Sequoia capital India Investment IV 7.89% 15.49% 4.44%
Others 39.5% 35.21%
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