₹30,940 crore of revenue reported in the latest year (mostly FY25) by the 54 of India's 758 ethanol plants and distilleries with accounts on file. The ten largest produce 73% of it; the typical filer earns ₹151 crore.
Active companies
758
ethanol plants and distilleries on the register
Reported revenue
₹30,940 crore
54 companies with accounts
Profitable
78%
of filers · India 78%
Secured loans
25.7%
of companies have one on record
What stands out about India's ethanol plants and distilleries
01
Revenue
₹30,940 crore
of revenue reported in the latest year (mostly FY25) by the 54 of India's 758 ethanol plants and distilleries with accounts on file. The ten largest produce 73% of it; the typical filer earns ₹151 crore.
02
Profitability
78%
of filers reported a profit (India, same segment: 78%); the median net margin is 1.5% against 1.5% nationally.
03
Growth
+12%
median revenue growth across 53 companies with two consecutive years on file (India: +12%); 6 grew by more than half and 18 shrank. Only companies still filing are counted.
04
Labour cost
4%
of revenue goes on employee cost for the median filer (4% nationally), about the same labour intensity as across India.
05
Funding
7
ethanol plants and distilleries in India have outside funding on record at Fliar Radar (investment, incubator or grant support). Most frequent backers: N R Jagdale Finance And Investments (1), Bank of Scotland (1), RBS International (1).
06
Lending
25.7%
of India ethanol plants and distilleries have a secured loan on record (India: 25.9%). Most frequent lenders: State Bank Of India (55), Punjab National Bank (32), Canara Bank (26). Open borrowings against company assets total ₹17,994 crore.
07
Where the money is
41%
of reported revenue comes from Karnataka, which holds 10% of India's ethanol plants and distilleries.
Cities with the most ethanol plants and distilleries
Companies by the city or district of their registered address.
City
Companies
Share
Reported revenue
Share of revenue
Maharashtra
137
18.1%
₹5,461 crore
18%
Delhi
102
13.5%
₹2,443 crore
8%
Karnataka
77
10.2%
₹12,780 crore
41%
Telangana
47
6.2%
₹19.5 crore
0%
West Bengal
44
5.8%
₹1,492 crore
5%
Tamil Nadu
44
5.8%
₹3,230 crore
10%
Uttar Pradesh
44
5.8%
₹4 lakh
0%
Madhya Pradesh
34
4.5%
₹1,381 crore
4%
Punjab
22
2.9%
–
–
Haryana
20
2.6%
₹982 crore
3%
Ethanol Plants and Distilleries in India by size
From the latest accounts each company has filed, split by annual revenue. Growth compares with the year before; net margin is profit after tax over revenue.
Bigger companies
₹100 crore+ revenue · 31 ethanol plants and distilleries
Brand of whiskey, rum, brandy, spirit, and wines. Its portfolio includes brands such as Paul John single malt and Black Pelican whisky, Original Choice, Mont Castle brandy, Roulette, Goana's and Big Banyan wines, and Malhar.
John Distilleries Private Limited is a private company incorporated in 1996, with its registered office in Karnataka, India, classified under wholesale trade. In FY25 it reported revenue of ₹9,401 crore, up 20% on the year before, with a net margin of 0.0%.
Revenue (FY25)₹9,401 crore
Growth vs prior year+20%
Net margin0.0%
Net worth₹320 crore
Paid-up capital₹104 crore
AreaKarnataka
Incorporated1996 · Private company
BackingFormerly PE-Backed · Unattributed 2013
Secured loans1 open
Key peoplePaul John (Founder)
OffersOriginal Choice, Big Banyan, Paul John Single Malt Whisky, Paul John Indian Subtlety
It is a leading exporter of various products to multiple countries including Sri Lanka, China, Myanmar, South Sudan, Somalia, Yemen, Djibouti, Indonesia, Malaysia, Thailand, Afghanistan, Oman, Vietnam, Ghana, Madagascar, Benin, and Kenya.
Garden Court Distilleries Private Limited is a private company incorporated in 1988, with its registered office in Maharashtra, India, classified under food & beverages. In FY25 it reported revenue of ₹2,360 crore, up 86% on the year before, with a net margin of 0.5%.
Brand of beers, whisky, rum, gin, brandy, and vodka
Kals Distilleries Private Limited is a private company incorporated in 2007, with its registered office in Tamil Nadu, India, classified under food & beverages. In FY24 it reported revenue of ₹1,963 crore, up 15% on the year before, with a net margin of 0.7%.
Revenue (FY24)₹1,963 crore
Growth vs prior year+15%
Net margin0.7%
Net worth₹318 crore
Paid-up capital₹24.2 crore
AreaTamil Nadu
Incorporated2007 · Private company
Secured loans8 open
Directors on recordArulmanisekaran Varatharajan, Sivaprakasam Vasudevan, Sivaprakasam Rajasekaran6 directors
Arulmanisekaran VaratharajanDirector · since 2007
Sivaprakasam VasudevanManaging Director · since 2007
Sivaprakasam RajasekaranDirector · since 2009
Natesa Nadar Palanisamy NadarWholetime Director · since 2009
Nadessan SivapragasamDirector · since 2009
Kaliyaperumal KumarasamiWholetime Director · since 2010
Manufacturer of whiskey. It manufactures two brands of liquor under brandy and one each under rum, vodka and gin.
Amrut Distilleries Private Limited is a private company incorporated in 1972, with its registered office in Karnataka, India, classified under wholesale trade. Its latest accounts on file are for FY25; revenue, growth and margin are locked below.
Lakshmanan Pandarathil BhaskaranDirector · since 1997
Meyyappan MuthuramanchettiarWholetime Director · since 1997
Neelakantarao Jagdale RakshitManaging Director · since 1999
Thrivikram Gnaneshwar NikamWholetime Director · since 2007
ProductsVati On Campus - A…, Infosys BPO International… +35 products
Product 01 / 05
Vati On Campus - A Vati-XISS Initiative
CategoryBranding Design Services
PriceOn request
Range5 products listed by Amrut Distilleries
Product 02 / 05
Infosys BPO International Annual Event, Colloquium
CategoryBranding Design Services
PriceOn request
Range5 products listed by Amrut Distilleries
Product 03 / 05
ING Vysya Zwipe Clasic
CategoryBranding Design Services
PriceOn request
Range5 products listed by Amrut Distilleries
Product 04 / 05
VSM - Website redesigning
CategoryBranding Design Services
PriceOn request
Range5 products listed by Amrut Distilleries
Product 05 / 05
Dexler Rebranding
CategoryBranding Design Services
PriceOn request
Range5 products listed by Amrut Distilleries
1 / 5
05 · FY25 accounts · Chandigarh
B
Bihar Distillers & Bottlers Private Limited
Bihar Distillers & Bottlers Private Limited is a private company incorporated in 2011, with its registered office in Chandigarh, India, classified under food & beverages. Its latest accounts on file are for FY25; revenue, growth and margin are locked below.
Revenue (FY25)XXXX
Growth vs prior yearXXXX
Net marginXXXX
Net worthXXXX
Paid-up capitalXXXX
AreaChandigarh
Incorporated2011 · Private company
Directors on recordAshok Kumar Dubey, Jatinder Kumar, Jatinder Arora3 directors
Woodpecker Distilleries & Breweries Private Limited is a private company incorporated in 2010, with its registered office in Maharashtra, India, classified under food & beverages. Its latest accounts on file are for FY25; revenue, growth and margin are locked below.
Revenue (FY25)XXXX
Growth vs prior yearXXXX
Net marginXXXX
Net worthXXXX
Paid-up capitalXXXX
AreaMaharashtra
Incorporated2010 · Private company
Secured loans1 open
Directors on recordDeepak Arora, Rajat Batra, Alok Arora4 directors
Deepak AroraDirector · since 2010
Rajat BatraDirector · since 2010
Alok AroraDirector · since 2014
Deena Nath SinghDirector · since 2019
Financials locked for 28 of 31 bigger ethanol plants and distilleriesRevenue, growth, margin and net worth for every one of them are in Fliar Radar.
₹10–100 crore · 15 ethanol plants and distilleries
01 · FY21 accounts · Maharashtra
M
Meher Distilleries Pvt Ltd
In the 1930's a young Indian gentleman set up a small distilling plant in Dahanu, a quaint town at the foothills of the Sahyadhri mountains, in the now state of Maharashtra in Western India. Lush surroundings, breathtaking greenery and a profusion of crystal clear mountain springs, made it an ideal location for a plant of its kind. Using the local flora that grew in abundance in the surrounding forests he crafted quality that was the finest of its kind. This concoction found instant favor with the Indians and British alike and the distinctive flavor of acceptance and popularity.
Meher Distilleries Pvt Ltd is a private company incorporated in 1984, with its registered office in Maharashtra, India, classified under wholesale trade. In FY21 it reported revenue of ₹99.5 crore, up 7% on the year before, with a net margin of 5.4%.
Revenue (FY21)₹99.5 crore
Growth vs prior year+7%
Net margin5.4%
Net worth₹33.6 crore
Paid-up capital₹1 crore
AreaMaharashtra
Incorporated1984 · Private company
OffersDistilled Water, 90 ML Packaged Distilled Water, 180 ML Packaged Distilled Water, 750 ML Packaged Distilled Water
ProductsDistilled Water, 90 ML Packaged Distilled… +24 products
Product 01 / 04
Distilled Water
PriceOn request
Range4 products listed by Meher Distilleries Pvt Ltd
Product 02 / 04
90 ML Packaged Distilled Water
PriceOn request
Range4 products listed by Meher Distilleries Pvt Ltd
Product 03 / 04
180 ML Packaged Distilled Water
PriceOn request
Range4 products listed by Meher Distilleries Pvt Ltd
Product 04 / 04
750 ML Packaged Distilled Water
PriceOn request
Range4 products listed by Meher Distilleries Pvt Ltd
1 / 4
02 · FY25 accounts · Tamil Nadu
M
Mandovi Distilleries & Breweries Private Limited
Mandovi Distilleries & Breweries Private Limited is a private company incorporated in 2000, with its registered office in Tamil Nadu, India, classified under food & beverages. In FY25 it reported revenue of ₹78.9 crore, up 51% on the year before, with a net margin of 5.1%.
Revenue (FY25)₹78.9 crore
Growth vs prior year+51%
Net margin5.1%
Net worth₹54.4 crore
Paid-up capital₹26.6 lakh
AreaTamil Nadu
Incorporated2000 · Private company
Secured loans4 open
Directors on recordVenkataraman Badri, Sridhar Reddy Devarapalli2 directors
Producer of distilled alcoholic beverages. The company manufactures and distributes a variety of spirits. Its operations encompass the entire production process, from sourcing raw materials to bottling and distribution. The focus is on quality control and maintaining consistent product standards throughout the supply chain.
Ravi Kumar Distilleries Limited is a public company incorporated in 1993, with its registered office in Pondicherry, India, classified under wholesale trade. In FY25 it reported revenue of ₹76.4 crore, up 21% on the year before, with a net margin of 0.2%.
Sterling Chemicals And Alcohols Limited is a public company incorporated in 1991, with its registered office in Maharashtra, India, classified under chemicals & pharmaceuticals. Its latest accounts on file are for FY25; revenue, growth and margin are locked below.
Ginglani Distillers Private Limited is a private company incorporated in 2012, with its registered office in Delhi, India, classified under wholesale trade. Its latest accounts on file are for FY25; revenue, growth and margin are locked below.
Revenue (FY25)XXXX
Growth vs prior yearXXXX
Net marginXXXX
Net worthXXXX
Paid-up capitalXXXX
AreaDelhi
Incorporated2012 · Private company
Secured loans1 open
Directors on recordRajinder Kumar Giglani, Shivam Ginglani2 directors
Rajinder Kumar GiglaniManaging Director · since 2012
Shivam GinglaniDirector · since 2013
06 · FY25 accounts · Maharashtra
O
Oaisis Alcohol India Private Limited
Oaisis Alcohol India Private Limited is a leading Wholesale Supplier based in Nagpur.we are committed to delivering quality products and services.
Oaisis Alcohol India Private Limited is a private company incorporated in 1997, with its registered office in Maharashtra, India, classified under food & beverages. Its latest accounts on file are for FY25; revenue, growth and margin are locked below.
Started in the year 1993, Imapala Distillery & Brewery is a manufacturer Kings beer, Kings Pilsner beer, Kings strong beer, Kings premium beer, Top Command whisky, Kings brandy, Kings rum, Kings port wine and cashew Fenny. The present capacity of brewing in 150,000 aq liters and 20,000 bottles per hour. Also involved in the manufacture of other brands from Shaw-Wallace and Millennium Alco Bev.
Impala Distillery And Brewary Limited is a public company incorporated in 1993, with its registered office in Goa, India, classified under food & beverages. In FY19 it reported revenue of ₹8.8 crore, down 28% on the year before, with a net margin of −25.2%.
Queen Distillers & Bottlers Pvt. Ltd. is a company involved in the distillation and bottling of liquor products since the year 2000. They are known for their long-term vision and integral beliefs, as well as their commitment to quality products.
Queen Distillers And Bottlers Private Limited is a private company incorporated in 2000, with its registered office in Delhi, India, classified under food & beverages. In FY25 it reported revenue of ₹4.9 crore, down 16% on the year before, with a net margin of −62.7%.
Revenue (FY25)₹4.9 crore
Growth vs prior year−16%
Net margin−62.7%
Net worth₹4.2 crore
Paid-up capital₹5 crore
AreaDelhi
Incorporated2000 · Private company
Secured loans7 open
Directors on recordHardeep Kumar, Ajit Pal Nagi Singh, Akhilesh Kumar Singh3 directors
Midas Golden Distilleries Private Limited is a private company incorporated in 2002, with its registered office in Tamil Nadu, India, classified under food & beverages. In FY25 it reported revenue of ₹2.8 crore, down 95% on the year before.
Milkman Distillery Private Limited is a private company incorporated in 2020, with its registered office in Maharashtra, India, classified under food & beverages. Its latest accounts on file are for FY25; revenue, growth and margin are locked below.
Revenue (FY25)XXXX
Growth vs prior yearXXXX
Net marginXXXX
Net worthXXXX
Paid-up capitalXXXX
AreaMaharashtra
Incorporated2020 · Private company
Directors on recordJai Anand, Sanjiv Anand2 directors
Good Barrel Distillery Private Limited is a private company incorporated in 2021, with its registered office in Maharashtra, India, classified under food & beverages. Its latest accounts on file are for FY25; revenue, growth and margin are locked below.
Revenue (FY25)XXXX
Growth vs prior yearXXXX
Net marginXXXX
Net worthXXXX
Paid-up capitalXXXX
AreaMaharashtra
Incorporated2021 · Private company
Directors on recordVaibhav Goel, Lalit Nandu Kalani2 directors
Chakra Brewery & Distillery Private Limited is a private company incorporated in 2013, with its registered office in Chandigarh, India, classified under food & beverages. Its latest accounts on file are for FY16; revenue, growth and margin are locked below.
Revenue (FY16)XXXX
Growth vs prior yearXXXX
Net marginXXXX
Net worthXXXX
Paid-up capitalXXXX
AreaChandigarh
Incorporated2013 · Private company
Brand founded2006
Key peopleGarisober Gill (Founder & President)
Founders & leadershipGGarisober Gill1 person
GG
Garisober Gill
Founder & President
Financials locked for 5 of 8 smaller ethanol plants and distilleriesRevenue, growth, margin and net worth for every one of them are in Fliar Radar.
How much revenue do ethanol plants and distilleries in India generate?
The 54 companies with accounts on file reported ₹30,940 crore in their latest year; the median is ₹151 crore and the top ten make up 73%.
Are ethanol plants and distilleries in India profitable?
78% of filers reported a profit and the median net margin is 1.5%; median revenue growth is +12%.
Which city in India has the most ethanol plants and distilleries?
Maharashtra (137); Delhi (102); Karnataka (77).
Which banks lend to ethanol plants and distilleries in India?
State Bank Of India (55 companies); Punjab National Bank (32 companies); Canara Bank (26 companies); Axis Bank (24 companies).
Companies come from the Ministry of Corporate Affairs register (active companies; incorporations through 2022). Revenue, profit and net worth are the latest statutory accounts on file for companies that file them, standalone where available; companies without accounts are not in revenue figures. Secured loans are charges registered against company assets. Hiring is from Fliar Radar job tracking. Directory figures come from business-directory listings collected in 2026 (reviews to 2021). Counts are a floor: some incorporation years are only partly covered.