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Mohan Meakin Limited (MML), as per its credit rating report, the company markets its products under the names such as u2018Old Monku2019 in the rum segment and u2018Meakin 10000u2019,
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MOHAN MEAKIN UNLISTED SHARE PRICE BY ALTIUS INVESTECH
About Mohan Meakin Unlisted Share Price Mohan Meakin Limited (MML), as per its credit rating report, the company markets its products under the names such as ‘Old Monk’ in the rum segment and ‘Meakin 10000’, ‘Asia 72’, and ‘Golden Eagle’ in the beer segment. MML has two manufacturing facilities to manufacture beer, spirit, and food products (largely grain flakes) at Mohan Nagar in UP and Kasauli/Solan in Himachal Pradesh (HP). It also has bottling plants at Mohangram in Punjab and Solan in HP.
Industry Overview • Mohan Meakin is a well-established brand in India, focusing on strengthening their domestic market position and leveraging growth opportunities within India • Mohan Meakin Limited had a 3.3% market share in the beer sector in India in 2020. The company also has a 3.5% market share in the alcoholic beverage industry • The Indian alcoholic beverage industry is expected to see continued growth, driven by increasing disposable income and urbanization • The Indian Alcoholic Beverage Industry is expected to see a CAGR of around 5-7%, due to the growing popularity of alcoholic beverages • The Indian beer market is expected to almost double to $10 Billion in a decade. | CAGR: 8.76% • Indian beer market: ₹41,470 Crs. in 2023 | Forecasted growth: ₹78,120 Crs. | Growth rate: 7.1%
Overview of Mohan Meakin Unlisted Share Price Mohan Meakin Ltd, incorporated in 1934, boasts a rich brewing heritage from 1855 (founded as Dyer Breweries). It's one of India's oldest and most renowned breweries. Originally named after founder Edward Dyer, it was renamed to honor the Mohan brothers who took over. The company has diversified beyond brewing, encompassing distilling, bottling, and other industries. Popular brands include Old Monk Rum (iconic status), Golden Eagle Beer, and Solan No. 1 Whisky. Rich history in alcoholic beverages, known for iconic brands like Old Monk Rum. Diversified into non-alcoholic beverages (Mohan Meakin Fruit Power, Solan water) and food products (Charms breakfast cereals).
Management • Hemant Mohan (Managing Director): Holds a Bachelor's in Business Administration and a degree in International Business (London). He has a vast experience in Brewing and Distillation Industry. • Mr. Vinay Mohan (Non-Executive Non-Independent Director): He is a graduate, specializing in Marketing. • Mr. Masilamani Nandagopal (Independent Director): Did B.Sc. (Agri) and has vast experience managing industries viz—Brewery, Distillery, Sugar, Power, Real Estate, etc.
Product Portfolio • Whisky (Solan No. 1, Black Knight) • Rum (Old Monk White, Gold, Orange) • Brandy (Triple Crown, Doctor’s Reserve No. 1) • Beer (Golden Beer, Lion Beer) Buy Mohan Meakin Unlisted Shares from Altius Investech