Monika Alcobev Strengthens Board with New Independent Directors and Committee Restructuring

Monika Alcobev Limited , a key player in the alcobev industry, has announced significant changes to its board composition and committee structure, reinforcing its commitment to robust corporate governance.

Board Appointments

The company has appointed two new Non-Executive Independent Directors:

Mr. Samir Kumar Das (DIN: 09645179)
Mr. Ghanshyam V Vyas (DIN: 11386659)

Both appointments are effective from November 24, 2025, for a term of five consecutive years, subject to shareholder approval.

Director Profiles

Mr. Samir Kumar Das

57 years old
26+ years of leadership experience in financial services
Expertise in governance, corporate and SME risk and credit, stressed asset management
Insolvency Professional and Certified Associate of the Indian Institute of Banking & Finance (CAIIB)

Mr. Ghanshyam V Vyas

67 years old
Chartered Accountant with over 40 years of post-qualification experience
Extensive experience in statutory and internal audits for various entity types
International audit experience in Mauritius and Nigeria

Committee Reconstitution

In light of these appointments, Monika Alcobev has reconstituted its key committees:

Committee	New Structure
Audit Committee	- Ms. Jagruti Sheth (Chairperson) - Mr. Ghanshyam V Vyas (Member) - Mr. Samir Kumar Das (Member)
Nomination & Remuneration Committee	- Mr. Ghanshyam V Vyas (Chairman) - Ms. Jagruti Sheth (Member) - Mr. Samir Kumar Das (Member) - Mr. Prasannakumar Gawde (Member) - Mr. Bhimji Patel (Member)
Stakeholders Relationship Committee	- Mr. Samir Kumar Das (Chairman) - Ms. Jagruti Sheth (Member) - Mr. Ghanshyam V Vyas (Member) - Mr. Bhimji Patel (Member)
Corporate Social Responsibility Committee	- Mr. Bhimji Patel (Chairman) - Mr. Kunal Patel (Member) - Mr. Samir Kumar Das (Member) - Ms. Jagruti Sheth (Member)

These changes reflect Monika Alcobev's dedication to maintaining a balanced and experienced board, capable of providing strategic guidance and ensuring compliance with regulatory requirements.

The restructuring of committees, particularly the inclusion of the new independent directors in key roles, is expected to bring fresh perspectives and strengthen the company's decision-making processes.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.21%	-2.04%	+0.23%	-1.74%	-1.74%	-1.74%

Monika Alcobev has reported a robust 41% year-over-year revenue growth for the half-year ended September 30, 2025, driven by the premiumization of its imported spirits portfolio. The company's strategic expansion into over 20 states and the launch of new global brands, including Licor 43, have contributed significantly to this growth.

Financial Highlights

For the half-year ended September 30, 2025, Monika Alcobev posted impressive financial results:

Particulars	H1 FY2026 (₹ in Lakhs)	H1 FY2025 (₹ in Lakhs)	YoY Growth
Revenue from Operations	11,687.41	8,431.35	38.6%
Total Income	11,932.32	8,456.25	41.1%
EBITDA	2,004.85	1,497.59	33.9%
Profit After Tax (PAT)	997.22	498.74	99.9%
Earnings Per Share (₹)	5.38	2.18	146.8%

The company's EBITDA margin stood at 16.8% for H1 FY2026, showcasing strong operational efficiency despite rapid expansion.

Strategic Initiatives

Monika Alcobev's growth strategy focuses on:

Portfolio Expansion: The company has introduced new global brands, including Spain's highest-selling liqueur, Licor 43, enhancing its premium offerings.
Geographical Reach: Operations have expanded to over 20 states, leveraging market insights and operational agility for smooth compliance and execution.
Distribution Channels: The company is emphasizing digital distribution channels and retail partnerships, supported by a 100+ member sales team handling on-ground operations.
Margin Expansion: With one of the industry's highest net realizations at ₹17,017.00 per case, Monika Alcobev is focusing on premium and luxury segments for better margins.

Market Position

Monika Alcobev has positioned itself as a leading player in the imported spirits segment, catering to top-tier premium consumers. The company's portfolio has earned more than 65 awards in FY2025 in India, underlining the quality and appeal of its brands.

Future Outlook

The company aims to achieve a leadership position in India's premium and luxury alcoholic beverage market through strategic portfolio diversification. With the Indian premium spirits market projected to grow significantly, Monika Alcobev is well-positioned to capitalize on this trend.

Recent Developments

On July 23, 2025, Monika Alcobev successfully completed its Initial Public Offering (IPO) of 57,91,200 equity shares at ₹286.00 per share, with its shares listing on the BSE SME Platform. The company has reported efficient utilization of the IPO proceeds, with ₹89.19 crore already deployed for working capital, debt repayment, and general corporate purposes.

As Monika Alcobev continues to expand its premium spirits portfolio and market presence, it remains focused on leveraging the growing demand for high-quality imported alcoholic beverages in India's evolving market landscape.