B9 Beverages (BIRA 91) Unlisted Share Price Today
ISIN INE833U01014.
Bira 91 (operated by B9 Beverages) is a leading Indian craft beer brand , launched in 2015, focused on offering flavorful, premium beers to urban consumers. The company has built a differentiated positioning in the Indian alco-bev market through its diverse portfolio of craft beers , including wheat beers, lagers, and IPAs, targeting millennials and modern trade channels. The company follows a brand-led, asset-light manufacturing model , leveraging a mix of owned and contract brewing faciliti…
B9 Beverages (BIRA 91)
B9 Beverages (BIRA 91) Unlisted Share Price Today
Bira 91 (operated by B9 Beverages) is a leading Indian craft beer brand, launched in 2015, focused on offering flavorful, premium beers to urban consumers. The company has built a differentiated positioning in the Indian alco-bev market through its diverse portfolio of craft beers, including wheat beers, lagers, and IPAs, targeting millennials and modern trade channels.
The company follows a brand-led, asset-light manufacturing model, leveraging a mix of owned and contract brewing facilities. It focuses on product innovation, strong branding, and wide distribution, with presence across 500+ towns in India and exports to 25+ countries. Revenue is primarily driven by beer sales through retail, on-trade channels (bars/restaurants), and institutional distribution, making volumes and market reach critical to growth.
Headquartered in New Delhi, Bira 91 operates multiple breweries and has scaled rapidly in India’s growing premium beer segment. However, its performance is closely linked to regulatory policies, distribution networks, state-level approvals, and consumer demand cycles, which significantly impact sales volumes and profitability in the alco-beverage industry.
Revenue fell -22.5% in FY24 after strong growth, indicating demand slowdown.
EBITDA margin dropped to -69.9% in FY24 from -23.3% in FY21, showing sharp cost pressure.
PAT margin hit -117.3% in FY24, implying losses exceed revenue.
Income Statement
Key Managerial Personnel
As of FY26Ankur Jain is the Founder & CEO of Bira 91, with prior experience in consulting at Reliance Industries and entrepreneurship in the US. He launched B9 Beverages in 2015 to build a premium craft beer brand in India, scaling Bira 91 into a globally recognized label across multiple markets.
Ankeeta Pawa is a Director at B9 Beverages (Bira 91) and has played a key role in building the brand’s marketing and visibility since its early stages. She started as a community and marketing professional, contributing to brand positioning and campaigns, and later became part of the company’s leadership team.
