https://t.co/OjjqDc3k9r offers independent, unbiased stock market insights in India. Build wealth with honest research since 1996. Follow us for market insights.equitymaster.com MumbaiJoined February 2009
Quantum Information Services Private Limited (Research Analyst) | INH000021128
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#EMProfitHunter - Small Caps, AI & the Disappearing Information Edge
We are living in an age where information has never been more abundant – and never been less valuable in the stock market.
As information becomes commoditized, the information edge disappears.
When everyone has access to the same models, the same management commentary and the same research reports, the analytical edge begins to shrink as well.
So how do you find alpha in the stock market?
In today’s Profit Hunter, I’ll show you how you can get to the source of alpha in the Indian stock market today.
Read how to get a competitive advantage in the market here:
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The biggest risk?
Unlike many industries, liquor companies remain heavily dependent on state excise policies.
Changes in taxation, pricing or licensing can materially impact profitability regardless of operational performance.
Common themes across all four companies:
• Capacity expansion
• Premium product launches
• Geographic diversification
• Distribution network strengthening
• Focus on higher-margin products
4. #SomDistilleries&Breweries
The company is investing heavily to expand capacity.
Key initiatives:
• New Uttar Pradesh brewery now operational
• Premiumisation through Woodpecker Beer and Mahavat Whisky
• Planned single malt launch
• Improving North India distribution
Sales increased from Rs 3.65 billion in FY22 to Rs 12.29 billion in FY26 while returning to profitability.
3. #PiccadilyAgroIndustries
Known for:
• Indri Single Malt Whisky
• Camikara Rum
• Whistler Whisky
Expansion plans include:
• Rs 10 billion investment to quadruple the business over the next 3–5 years
• New malt distillery in Scotland
• Expanded ethanol business
• Wider international presence
Five-year performance:
• Revenue CAGR: 13%
• Profit CAGR: 50%
1. #RadicoKhaitan
One of India's largest IMFL companies with brands including:
• Magic Moments Vodka
• 8PM Whisky
• Morpheus Brandy
• Old Admiral
Growth drivers:
• Premiumisation
• Capacity expansion
• Backward integration
• Strong nationwide distribution network
Over the past five years:
• Revenue nearly tripled
• Average ROE: 12%
• Average ROCE: 17%
4 Liquor Stocks with Strong Expansion Plans
India's liquor industry is one of the country's most regulated sectors. Growth isn't just about demand—it's about capacity, licenses, premiumisation, and execution.
Here are four companies expanding aggressively.
Why expansion matters in liquor
Every new distillery, premium brand, or state entry requires significant investment and regulatory approvals.
Companies that can successfully expand often build lasting competitive advantages.
Remember:
Increasing FII ownership is a useful signal, not an investment recommendation.
Before investing, evaluate:
• Valuation
• Earnings quality
• Corporate governance
• Growth prospects
• Balance sheet strength
For Full Coverage: eqtm.in/Do72P#Investing#StockMarket#Equitymaster#EMViewsOnNews
These companies operate in very different sectors:
• Defence and drones
• Pharmaceuticals
• NBFC
• Pharma manufacturing
The common factor is improving business performance before the increase in FII ownership.
4 Stocks Where FIIs Increased Their Stakes Significantly in Q1 FY27 (June 2026)
A rise in foreign institutional investor (FII) ownership doesn't guarantee returns, but it can indicate where large, research-driven investors are finding value.
Here's a breakdown.
Why track FII activity?
FIIs manage some of the world's largest pools of capital with dedicated research teams. A meaningful increase in ownership is often the result of extensive due diligence rather than short-term trading.
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