Pincon Spirit eyes doubling top-line to Rs 3,000 crore by 2020

05 Jun 2017 Evaluate

Liquor firm Pincon Spirit is looking to double its top-line to Rs 3,000 crore by 2020 as it continues to focus on mass market segments. The company is growing at faster pace than other brands due to its bottom-of-pyramid focused business model.

In the current fiscal, the company is eyeing 20 per cent revenue growth through new product launches, entering new markets and consolidating its manufacturing operations and increase brand spending. Moreover, the spirits maker is planning to expand its footprint to four new southern markets of Kerala, Puducherry, Goa and Tamil Nadu.

Pincon Spirit is engaged in the business of Blending, Bottling and Wholesale Distribution of Indian Made Foreign Liquor (IMFL) Products viz. Rum, Whisky, Vodka, Brandy and Beer (alcoholic beverage).

Peers
Company Name CMP
United Spirits 1134.50
United Breweries 1736.90
Radico Khaitan 1726.45
Globus Spirits 664.80
Tilaknagar Inds 212.40
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.