Old Monk maker Mohan Meakin to relist on exchanges

The firm, which is the oldest liquor brewing company in India, had a paid-up capital of Rs 4.25 crore, reserve and reserves and surpluses of Rs 27.01 crore at the time of de-listing in 2003.

In FY 2019, the company's net profit stood at Rs 33 crore and total debt was at Rs 11 crore as compared to about Rs 30 crore in the previous year. The company's net worth in FY 19 was at Rs 92 crore, higher than Rs 58 crore seen in the previous year.

The company's "Old Monk" brand has a seen a loyal customer base, and although the liquor business was impacted by a ban from a few state governments in the last few years, the consumption of liquor has increased significantly. In FY19, the alcohol segment grew 46 percent.

Old Monk contributes nearly 80 percent of the total sales for Mohan Meakin and in FY19 the contribution from Old Monk itself would be approximately Rs 758.3 crore.

Aside from Old Monk, Mohan Meakin's other popular brands include Old Monk Rum Supreme, Old Monk Peach Rum, Colonels Special Whisky, Solan Gold Indian Single Malt Whisky, O M 10000 Super Beer and Lion Beer. They are exported to 13 countries that include U.A.E., Qatar, Singapore, Germany, USA, and Hong Kong among others.

United Breweries, which sells the "Kingfisher" brand, and Radico Khaitan, which sells the "Magic Moments" brand, are two other popular listed companies in the alcohol segment.