MOHAN MEAKIN LTD. (BREWERIES)

COMPANY NAME MOHAN MEAKIN LTD. (BREWERIES)
NATURE OF BUSINESS ALCOHOLIC PRODUCTION
ISIN NO INE : 136D01018
FACE VALUE Rs.10/-
PROMOTERS MOHAN MEAKIN GROUP
COMPANY WEBSITE www.mohanmeakin.com
mohanmeakin

Mohan Meakin is a leading Indian brewery that produces a variety of beer and spirits. The brewery has a long history and is one of the oldest breweries in India. It was founded in 1864 by John Dyer, who was a British businessman.

Mohan Meakin share price

Mohan Meakin’s share price has been on a steady rise over the past few years. This is largely due to their principal brands Old Monk Rum and Golden Eagle Beer, as well as their other products such as Diplomat Deluxe, Colonels Special and Black Knight. These products have been a staple in many households across India and continue to be popular today. Additionally, Lion Beer, the main brand first sold by Dyer Breweries in the 1840s, has also contributed to the company’s success. Originally an India Pale Ale (IPA), Lion Beer held the number one spot until the 1980s when Kingfisher became number one. Mohan Meakin’s wide range of products and its long, successful history have combined to create a highly profitable company whose share prices are likely to remain strong in the foreseeable future.

Background Information

Mohan Meakin was founded in 1864 by John Dyer, a British businessman who had established the Dyer Breweries in the 1850s. The brewery was originally located in Gwalior, but it was moved to its current location in Baroda in 1881. It has since become one of the largest and most successful breweries in India.

Mohan Meakin Products

Mohan Meakin produces a variety of beer, spirits, and soft drinks. Its main brands include Old Monk Rum, Golden Eagle Beer, Diplomat Deluxe, Colonels Special, Black Knight, Asias original beer, Lion, is still sold in northern India. Lion Beer is the main brand first sold by Dyer Breweries in the 1840s. Lion was originally an India Pale Ale (IPA)., Mohan Meakin brand, Golden Eagle, took the number one place until the 1980s, when Kingfisher became number one.

Mohan Meakin Financial Performance

Mohan Meakin Limited’s operating revenues fluctuate from a high of $503 million for the fiscal year ending on 31 March, 2022 to a low point of just under $400 million for the same period. Despite this variability in earnings, its EBITDA has significantly increased by 19.88%, with net worth increases totaling over 33% – all indicative of positive trends within this company.

Mohan Meakin unlisted share

Mohan Meakin is a name deeply rooted in Indian brewing history. Founded in the 1840s, their principal brands are Old Monk Rum and Golden Eagle Beer. Their other products include Diplomat Deluxe, Colonels Special, and Black Knight. They were also the creators of Lion, India’s original beer which was an India Pale Ale (IPA). As the years went on, Mohan Meakin brand, Golden Eagle, took the number one place until the 1980s, when Kingfisher became number one. Now, despite being unlisted, Mohan Meakin shares are still available to purchase from certain brokerages. Investing in these shares can offer great potential returns, making them a great opportunity for investors looking to diversify their portfolio. If you’re looking to get involved with Mohan Meakin shares, it’s important to do your research and understand all of the risks associated with the purchase. Working with an experienced broker can be highly beneficial to ensure you make the right decisions for your portfolio.

Key Competitors

Mohan Meakin’s key competitors include Kingfisher, VB Industries Limited (VB), North Western Brewing Company Limited (NWBC), United Breweries Limited (UB), and Vijaya Packers & Printers Limited (VPPL).

Recent Developments

In May 2018, Mohan Meakin’s shares were suspended from trading on the National Stock Exchange (NSE) following a notice from the exchange to all listed companies that they needed to provide details about their financial performance. The suspension was lifted the next day after Mohan Meakin submitted its information to the NSE.

In January 2019, Mohan Meakin announced that it had entered into a definitive agreement to sell its 50% stake in Asias Original Beer to Heineken India for an undisclosed amount. This sale is expected to be completed by the end of the fiscal year 2019-20.

Mohan Meakin is a leading Indian brewery that produces a variety of beer and spirits. Its main brands include Old Monk Rum, Golden Eagle Beer, Diplomat Deluxe, Colonels Special, Black Knight, Asias original beer, Lion, is still sold in northern India. Lion Beer is the main brand first sold by Dyer Breweries in the 1840s. Lion was originally an India Pale Ale (IPA). The company has a long history and is one of the oldest breweries in India and its share prices are likely to remain strong in the foreseeable future.

Mohan Meakin is one of India’s leading breweries that produces a variety of beer and spirits. It has a long history and has been one of the largest and most successful breweries in India for many years. The company recently announced that its shares were suspended from trading on the NSE following a notice from the exchange to all listed companies that they needed to provide details about their financial performance. We hope you learned more about Mohan Meakin’s background, products and services, financial performance, key competitors and recent developments.

Latest News

 

FINANCIAL HIGHLIGHTS

(STANDALONE)

RESULTS:

The total net revenue, after adjusting excise duty, from operations and other income of the Company registered an increase from Rs. 102778 lacs last year to Rs.110187 lacs. The profit during the year amounted to Rs.5415 lacs which is quite satisfactory in the face of stiff competition in the trade. The Company is taking all necessary steps to achieve higher Sales and it is expected that the measures being taken will bring the desired results barring uncertainty prevailing in the Country due to COVID19 Pandemic, which has adversely affected the trade.

In the late 1820s, Edward Abraham Dyer, moved from England to set up the first brewery in India (later incorporated as Dyer Breweries in 1855) at Kasauli in the Himalayas. The Kasauli brewery launched India’s and indeed Asia’s first beer, Lion, which was in great demand by the thirsty British administrators and troops

Another entrepreneur, H. G. Meakin, moved to India and in 1887 bought the old Shimla and Solan Breweries from Edward Dyer  and added more at Ranikhet, Dalhousie, Chakrata, Darjeeling, Kirkee., Following independence, Narendra Nath Mohan raised funds and travelled to London, where he acquired a majority stake in Dyer Meakin Breweries. He took over management of the company in 1949 and built new breweries at Lucknow, Ghaziabad and Khopoli (near Mumbai) and the company name was changed to Mohan Meakin Breweries in 1967.

Mohan Meakin’s principal brands are Old Monk Rum and Golden Eagle Beer. Its other products include Diplomat Deluxe, Colonel’s Special, Black Knight, Asia’s original beer, Lion, is still sold in northern India. Lion Beer is the main brand first sold by Dyer Breweries in the 1840s. Lion was originally an India Pale Ale (IPA)., Mohan Meakin brand, Golden Eagle, took the number one place until the 1980s, when Kingfisher became number one.

By 2001, Lion sales had declined substantially and Lion was only available to the Indian Army through the Canteen Services Department (CSD). Mohan Meakin then entrusted the marketing of its original beer to International Breweries Pvt. Ltd. The brand has since been relaunched in the north Indian market. With a new label design and marketing campaign, Lion earns a place in history as Asia’s first beer brand. Old Monk is a vatted Indian rum, blended and aged for 7 years .

The Company’s remarkable performance is not limited to liquor, its business interests are manifold. Turning foresight into reality is the Fruit juices, Breakfast Foods, Mineral Water and Glass Factory – a strategic diversification to further re-inforce its business interests.

His eminent successors have borne the mantle with elegance. Instilling upon the Company the strength of purpose, corporate values and a sense of direction, they have reached new heights. Aptly mirrored in Mohan Meakin’s swift march towards progress and its phenomenal growth.

The Challenges of the present are ably met by Padamshree Brig. (Dr.) Kapil Mohan, VSM (Retd.) Ph. D., under his stewardship, the group rechristened as Mohan Meakin Limited, undertook major diversification with 3 distilleries in India and 2 breweries and a host of franchises. A multi-faceted business house with a turnover exceeding INR 400 crores, Mohan Meakin stands for growth, innovation and care.

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