Mohan Meakin is a big player in spirits segment & is more profoundly known for their dark rums (old monk). Its portfolio has remarkable presence & recognition across rum & beer. From century old history to introducing latest innovative products & striving to be best. It is primarily engaged in the business of manufacturing beer of all types and Indian made brands including premium rums, whiskies, brandy, vodka and gin. In addition to this, it also manufactures juices, canned products, corn flakes, wheat porridge and vinegars.
Alcoholic Products
Whiskies- Colonel’s Special, Summer Hall, Black Knight, Solan Number One
Rums – Old Monk Supreme Rum, Old Monk Gold Reserve Rums, Old Monk XXX Rum, Old Monk White Rum
Brandies – DM, MMB, Golden Eagle, Nautilus, Triple Crown
Gin – Jamun, Big Ben
Vodka – Knight Rider Premium, Knight Rider (Green Apple, Orange, Lemon)
Beers – Golden Eagle Lager, Gymkhana Premium Lager, Asia 72 Extra Strong, Meakins 10000, Solan 1
Non- Alcoholic Products
Juice- Mohun’s Gold Coin Apple Juice
Vinegars – Mohun’s Brewed Vinegar, Mohun’s Non- Fruit Vinegar
Miner Water – Golden Eagle Mineral Water, Mohun’s Mineral Water
Breakfast Food – Mohun’s Classic Corn Flakes, Wheat Dalia, Poha
Mohan Meakin’s revenue streams come out from following activities: –
| DESCRIPTION | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 |
|---|---|---|---|---|---|
| Total Income | 1,778.58 | 1,379.37 | 1,101.87 | 1,027.78 | 954.13 |
| PBT | 91.79 | 68.98 | 51.13 | 42.10 | 49.53 |
| PAT | 68.4 | 51.45 | 40.31 | 26.41 | 33.15 |
| Cash Flow from Operations | 41.98 | 47.68 | 29.70 | 14.22 | 49.36 |
| Cash Flow from Investing | -51.68 | -40.02 | -8.64 | -8.76 | -23.42 |
| Cash Flow from Financing | -0.5 | -1.01 | -9.19 | -4.67 | -20.43 |
| Debt to Equity | 0.08 | 0.02 | 0.03 | 0.11 | 0.18 |
| Current Ratio | 2.35 | 2.09 | 1.76 | 1.47 | 1.25 |
| EPS | 80.38 | 60.47 | 47.00 | 31.00 | 38.00 |
Mohan Meakin has been exporting its products to 16 countries i.e., U.A.E., Qatar, Russia, Singapore, Malaysia, Germany, New Zealand, Canada, UK, Australia, Estonia, USA, Ukraine, Zambia, Oman, Japan & furthermore exploring the opportunities to increase the export to other countries as the products of the company are very popular in overseas market.
India’s alcohol market is categorised into two kinds of liquor – Indian made Indian liquor and Indian made foreign liquor. This was in addition to beer, wine and other imported alcohol. Country liquor accounted for the highest market share, while spirits took up the majority of the consumption market. Alcohol consumption in India amounted to about five billion litres in 2020 and was estimated to reach about 6.21 billion litres by 2024. The increase in consumption of the beverages can be attributed to multiple factors including high disposable income, growing urban population & socializing among others. With brand loyalty reaching new heights and significant distribution channel, Mohan Meakin has strengthened its position in the market and expanded its margins. Government easing out the licencing permits for opening wine shops directly helped the firm to boost their sales figures.
Liquor industry might be facing a wrath of domestic & foreign rules which tend to dictate the rules of various state governments & local regulators shows that they do not allow free flow of alcohol manufactured in other states by putting restrictions and imposing exorbitant import fee as a result it creates hindrance. Moreover, due to unabated rise in price of supply chain, the logistic issues and different regulatory norms applicable in different states with the result that sending the goods from one corner of the country to the other has become a costly affair.
Trade Links Private Limited – 27.84%, Hemant Mohan- 11.96%, Life Insurance of India – 8.38%, Vinay Mohan – 8.23%
Mr. Hemant Mohan – Managing Director
Mr. Rajesh Kedia – Chief Financial Officer
Mr. Minas Kumar – Company’s Secretary
For any queries, reach out to: unlisted@rurashfin.com or Call: +91 224157 1111