
India’s alcoholic beverages sector continues to show differentiated performance, supported by premium product demand, regional expansion, and brand-led strategies.
In January 2026, listed liquor companies reflected varied long-term growth trends, with differences in profitability, leverage, and return ratios shaping investor interest.
Below is an overview of the best liquor stocks for January 2026, ranked on the basis of their 5-year compounded annual growth rate (CAGR).
| Name | Market Cap (₹ Cr) | ↓5Y CAGR (%) |
| Tilaknagar Industries Ltd | 11,194.37 | 73.81 |
| Som Distilleries and Breweries Ltd | 2,213.73 | 53.27 |
| Radico Khaitan Ltd | 41,889.92 | 45.41 |
| Globus Spirits Ltd | 3,326.58 | 29.26 |
| G M Breweries Ltd | 2,726.78 | 28.07 |
| IFB Agro Industries Ltd | 1,390.64 | 26.51 |
| Associated Alcohols & Breweries Ltd | 1,783.10 | 23.89 |
| United Spirits Ltd | 100,127.12 | 18.62 |
| United Breweries Ltd | 42,048.35 | 5.43 |
Note: Data reflects 5-year CAGR performance as of January 7, 2026.
Tilaknagar Industries leads the list with a 5-year CAGR of 73.81%. The company’s performance has been supported by its IMFL portfolio.
Key Metrics:
Som Distilleries has delivered a 5-year CAGR of 53.27%, reflecting consistent growth in its beer and spirits segments. Its regional presence continues to support volume stability.
Key Metrics:
Radico Khaitan remains a prominent player in premium spirits, with a 5-year CAGR of 45.41%. The company’s valuation metrics reflect its positioning in higher-margin categories.
Key Metrics:
Globus Spirits has posted a 5-year CAGR of 29.26%, supported by its IMFL and ENA operations.
Key Metrics:
G M Breweries shows a 5-year CAGR of 28.07% and stands out for its conservative capital structure and relatively strong margins.
Key Metrics:
Net profit margin provides insight into how effectively companies convert revenue into earnings.
| Name | Net Profit Margin (%) |
| G M Breweries Ltd | 18.85 |
| Tilaknagar Industries Ltd | 15.82 |
| United Spirits Ltd | 12.75 |
| Associated Alcohols & Breweries Ltd | 7.54 |
| Som Distilleries and Breweries Ltd | 7.22 |
| Radico Khaitan Ltd | 7.12 |
| United Breweries Ltd | 4.93 |
| IFB Agro Industries Ltd | 2.07 |
| Globus Spirits Ltd | 0.92 |
Note: Data above is as of January 7, 2026.
This metric reflects the extent of leverage used by companies within the sector.
| Name | Debt to Equity |
| G M Breweries Ltd | 0 |
| Tilaknagar Industries Ltd | 0.05 |
| United Spirits Ltd | 0.06 |
| IFB Agro Industries Ltd | 0.01 |
| United Breweries Ltd | 0.14 |
| Associated Alcohols & Breweries Ltd | 0.20 |
| Som Distilleries and Breweries Ltd | 0.22 |
| Radico Khaitan Ltd | 0.27 |
| Globus Spirits Ltd | 0.53 |
Note: Data above is as of January 7, 2026.
India’s liquor sector in January 2026 reflects a mix of strong long-term growth performers and established players with stable profitability. Differences in CAGR, margins, and leverage highlight the varied business models and financial strategies across companies.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jan 7, 2026, 4:28 PM IST

Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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