Monika Alcobev Limited , a player in the alcohol and beverages sector, has reported mixed financial results for the first half of the fiscal year 2026. The company's performance reflects both growth and challenges in the current market environment.

Financial Highlights

Monika Alcobev reported a total income of ₹11,932.32 lakhs for the half year ended September 30, 2025, marking a significant increase of 41.11% compared to the same period last year. Despite the growth in revenue, the company's EBITDA margin contracted to 15.13% from 17.71% in the previous year, indicating increased cost pressures.

The company's net profit for the period stood at ₹997.22 lakhs, nearly doubling from ₹498.74 lakhs in the corresponding period of the previous year. This substantial increase in net profit, despite margin pressures, may be attributed to improved operational efficiencies and potentially lower finance costs.

Operational Performance

The company's operational performance showed mixed results:

• Purchase of stock-in-trade increased to ₹11,957.85 lakhs from ₹7,225.39 lakhs, reflecting higher inventory costs.
• Employee benefits expense rose to ₹1,004.21 lakhs from ₹620.87 lakhs, indicating an expansion in the workforce or increased compensation.
• Advertising and marketing expenses grew to ₹688.29 lakhs from ₹367.92 lakhs, suggesting a more aggressive marketing strategy.

Balance Sheet and Cash Flow

As of September 30, 2025, Monika Alcobev's balance sheet showed:

• Total assets of ₹42,666.91 lakhs, up from ₹32,389.47 lakhs as of March 31, 2025.
• Shareholders' funds increased significantly to ₹22,433.84 lakhs from ₹9,600.92 lakhs, primarily due to the recent IPO.
• Short-term borrowings remained relatively stable at ₹15,438.74 lakhs compared to ₹15,330.38 lakhs at the end of the previous fiscal year.

The cash flow statement revealed a net increase in cash and cash equivalents of ₹1,619.86 lakhs for the half year, with significant cash generated from financing activities, particularly from the issuance of new shares.

Recent Developments

Monika Alcobev completed its Initial Public Offering (IPO) on July 23, 2025, issuing 47,91,200 fresh equity shares at ₹286 per share. The company's shares are now listed on the SME Platform of BSE Limited. The IPO proceeds are being utilized for working capital requirements, repayment of borrowings, and general corporate purposes.

Outlook

While specific management commentary is not available, the financial results suggest that Monika Alcobev is focusing on growth and market expansion, as evidenced by the increased revenue and marketing expenses. However, the company may need to address the margin pressures to maintain long-term profitability.

Investors and market observers will be watching closely to see how Monika Alcobev navigates the current market conditions and leverages its recent public listing to drive future growth and profitability.

Monika Alcobev Limited , India's sole listed premium wine and spirits importer, has made a significant move in the Indian alcobev market by introducing Licor 43, a renowned Spanish liqueur. This launch marks the company's strategic entry into India's premium spirits segment, bringing one of Spain's most celebrated liqueurs to the subcontinent.

A Milestone for Monika Alcobev

The introduction of Licor 43 represents a pivotal moment for Monika Alcobev, reinforcing its commitment to bringing globally acclaimed brands to Indian consumers. Kunal Patel, Managing Director of Monika Alcobev, expressed enthusiasm about the launch, stating, "Bringing Licor 43 to India is a significant milestone, not just for us, but for the evolving palate of Indian consumers. The brand is iconic, versatile, and crafted for modern mixology, and we're excited to lead its debut in the Indian market."

About Licor 43

Licor 43, known for its unique blend of 43 natural ingredients including carefully selected botanicals, spices, and citrus fruits, has been a household name in Spain for over 70 years. Its smooth and versatile taste has garnered popularity in more than 80 countries worldwide.

Product Range and Availability

Monika Alcobev is introducing a range of Licor 43 products to cater to diverse consumer preferences:

• Licor 43 Original (700ml and 1000ml)
• Licor 43 Chocolate (700ml)
• Licor 43 Crème Brûlée (700ml)

Additionally, the company is bringing other products from the Zamora Company portfolio:

• Martin Miller's Original Gin (700ml and 1000ml)
• Villa Massa's authentic Italian Limoncello and Amaretto (both 700ml)

The products are currently available in Goa and Mumbai, with plans to expand to other markets soon.

Strategic Partnership

This launch is the result of a partnership between Monika Alcobev and Zamora Company. Ankit Shah, Area Director, AMEA at Zamora Company, commented on the collaboration: "We are excited to announce our partnership with Monika Alcobev, marking a significant milestone in our global expansion, led by our flagship brand, Licor 43. The imported spirits market in India is steadily growing, driven by rising disposable incomes and a strong consumer trend of premiumization."

Market Reach and Distribution

Leveraging its strong presence in North and West India, along with an extensive distribution network in South India covering Karnataka, Telangana, and Tamil Nadu, Monika Alcobev aims to ensure wide availability of Licor 43. The brand will be available in premium retail stores and regions where cocktail culture is flourishing. Plans are also in place to introduce the products to key cities in East India, further strengthening Monika Alcobev's pan-India presence.

Looking Ahead

With its tagline "Mix Something New," the introduction of Licor 43 aligns perfectly with Monika Alcobev's commitment to bringing the world's finest flavors to Indian consumers. As the premium spirits market in India continues to grow, this launch positions Monika Alcobev to capitalize on the increasing demand for high-quality, international liquor brands.

The company's recent ₹165.63 crore SME IPO has set the stage for strategic growth and market expansion, making the timing of this launch particularly significant for Monika Alcobev's future in the Indian alcobev landscape.