Investment Overview

Bira is an unlisted company operating in the Consumer Staples sector (Beverages (Alcoholic)). Bira 91, owned by B9 Beverages, is an Indian beer brand launched in 2015, known for flavor‑forward wheat beers, lagers and strong styles in bottles, cans and draft. Headquartered in New Delhi, it has attracted global investors including Sequoia Capital India, Sofina and Kirin Holdings. The brand ope…

Strengths

• : Fastest Growing Craft Beer Brand – Ranked among the top 25 craft beer brands globally.
• : Expanding Brewery Capacity – Increased production to 2.64 crore bottles per month.
• : Strong Investor Backing – Sequoia Capital, Sofina, and Bollywood celebrities among its investors.

Key Risks

• : Financial Losses – The company is yet to achieve profitability, with losses widening over the years.
• : High Borrowings – Bira has significant borrowings, impacting its fiscal steadiness.
• : Raw Material Price Volatility – Inflation and rising costs of barley, aluminum, and glass impact margins.

Valuation View

The current unlisted market price is ₹63.36 per share with a market capitalisation of approximately ₹427 crore. The company is currently unlisted and investors should factor in illiquidity risk and longer holding horizons. Investors are advised to review the full financial data and consult an advisor before investing.