India's organized liquor sector is poised for a 12-13% revenue rise to Rs 4.45 lakh crore this fiscal, fueled by strong demand and a tilt towards premium products, reveals CRISIL Ratings.
Boosted by tourism and rising incomes, the premium segment eyes a 20% growth, while the mass consumer segment anticipates a 5-7% volume boost.
Distillers and brewers benefit from a larger revenue base and softer input costs, foreseeing a 100-150 bps rise in operating profitability. Despite favorable conditions, monitoring government policies and input cost fluctuations remains crucial for the industry.