Overview of Bira91 Unlisted Shares

Bira91 Unlisted Shares Sector At Glance: Beverages 

The non-alcoholic beverage market was valued at USD 1180 billion in 2020 and is expected to grow to USD 2175 billion by 2026, with a compound annual growth rate (CAGR) of 7.3% from 2013 to 2026. In India, the alcoholic beverage market was estimated at INR 671 billion in 2019 and is projected to reach approximately INR 1472.33 billion by 2030, assuming a GDP growth rate of around 7.8%. Despite this growth, India is not among the top 50 countries in the global beverage trade, with exports lagging behind those of ASEAN countries and China.

About Bira91 Unlisted Shares:

Bira91 Unlisted Shares, a refreshingly modern beer brand, aspires to bring flavorful beers to the new world and is recognized as one of the fastest-growing brands globally for color and flavor. Established in 2015 and headquartered in New Delhi, Bira91  Unlisted Shares has a presence in over 500 towns and cities across more than 15 countries. The company brews its beers at five breweries in India and boasts a team of over 600 employees. It is backed by Sequoia Capital India, Sofina of Belgium, and Kirin Holding of Japan. Bira91 Unlisted Shares operates four taprooms, with two located in Delhi NCR and two in Bengaluru, and is on a mission to build India's first net-zero beer company.

Awards And Recognitions For Bira91 Unlisted Shares:

Bira91 Unlisted Shares has received notable awards and recognitions, including the prestigious Asia Beer Challenge Award in 2020. Its Bira 91 Gold premium wheat-strong beer was honored with the 'Best Strong Beer' award, while the Bira 91 Diwali Vintage Scotch Ale won the 'Best Packaging' award.

Bira91  Unlisted Shares & Its Board: 

The board of Bira91 Unlisted Shares comprises several key members. Mr. Ankur Jain serves as the Managing Director, while Mrs. Shashi Jain holds the position of Director. Ms. Sakshi Vijay Chopra is a Nominee Director, and Ms. Ankeeta Pawa also serves as a Director.

Peers & Competitors Of Bira91 Unlisted Shares:

Bira91 Unlisted Shares faces competition in the market for unlisted shares from several prominent players in the craft beer sector. Competitors include AB InBev, known for its global reach and diverse portfolio; White Owl, recognized for its innovative brews and local popularity; Simba, which has gained traction with its distinctive flavors, Brewbot, noted for its craft brewing techniques; White Rhino Brewing Co., known for quality and expanding presence, and Kati Patang, contributing to the competitive landscape with its unique offerings. Each competitor brings its strengths and strategies to the table, shaping a dynamic environment for craft beer enthusiasts and investors alike.

Key Financial Figures of Bira91 Unlisted Shares:

In FY23, Bira91 Unlisted Shares saw substantial financial changes. Total assets rose sharply by 74.53% from Rs 730.07 Cr in FY22 to Rs 1,274.16 Cr in FY23, driven by increased current assets. Total equity surged by 172.64%, fueled by equity-based instruments and equity share capital growth. Meanwhile, total liabilities increased to Rs 1,112.30 Cr due to higher trade payables and provisions.

Operating cash flow declined by 48.15% to Rs -285.85 Cr, despite a 14.67% increase in revenue from operations to Rs 824.32 Cr. Profit after tax (PAT) fell by 12.48% to Rs -445.48 Cr. Bone sales dominated revenue composition at 97.89%, with minor contributions from non-beer items (1.62%) and scrap sales (0.47%). Geographically, revenue was largely from India (98.66%), with a small portion from international markets (1.3%).

FY23 highlighted significant asset and equity growth for Bira91, coupled with challenges in cash flow and profitability amidst an expansion in domestic beer sales.

Bira91 Unlisted Shares has emerged as a prominent player in the craft beer market since its establishment in 2015. The company has seen significant growth in total assets and equity, largely driven by increased current assets and equity-based instruments. Despite a decline in operating cash flow and profitability, Bira91's revenue from operations increased, primarily dominated by domestic beer sales. The brand has received notable awards and recognition and is backed by major investors. While facing competition from other craft beer brands

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