- Company to come up with ESOP policy. Honestly, if they demerge the sugar business out, from a corp governance standpoint, the management is making all the right noises
4 Likes
I have been proved wrong in the past, my growth estimates were too conservative and the company have surpassed them. Going forward, I think the investors expect 50% annual compounded growth in Indri alone, so 10X in 5-6 years making it a millionaire brand. By the way, if this has to happen the bulk of the growth will have to come from the international market, not just domestic market. Also note that this is just Indri’s growth expectations, not including Camikara rum or any other new brands which will be launched.
If the company meets the growth expectations then the stock price growth should be front loaded, say 5X in 2-3 years. On the other hand if there is any slightest slip up in growth, then the scrip will be punished.
6 Likes
One of the director of Soon N Sure Holdings i.e. Shakti Rani Sharma is a BJP candidate from Kalka 
would be interesting to see how Piccadily grows to be an alco-bev giant
6 Likes
Piccadily MD younger brother was elected as independent RS MP . They are close to both BJP & Congress. Required skill in state politics.
Globus spirit perceived to be close to Congress in raj aslo doing wll under BJP
anyone attended AGM of piccadilly agro & share the notes plz ?
4 Likes
They launched the city series for Bengaluru Duty Free. Price is 9500. They continue to innovate and market well.
2 Likes
Can someone throw some light why the shareholder pattern shows just .03% with DII? Did preferential allotment not accounted for for September Qtr.?
QIP was raised via convertible debentures and warrants, not equity. They will get converted in 1 year if i remember correctly
Thanks. Will company receive QIP amount now or later?
2 Likes
Now. We should be able to confirm this in Sep quarter BS when results release. The debt also carries 10% interest p.a.
1 Like
Winning all these awards and appreciation is good, but the proof of the pudding is in whether the whisky is selling and whether the company is making money
9 Likes
Diageo doesn’t see Godawan growing to a million case brand… idk if its lack of ambition or a practical take. Indian Single malt market is roughly around 5 lac case market right now and growing at 30-40%.
All these awards are dependent on advertising support committed to these Indian Liquor journals i.e Spiritz , Ambrosia etc. Not to be taken seriously .
6 Likes
Video on premium alcohol, such as Indri, consumption trends 
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In New York’s top Indian restaurant, now Indri is selling more than Macallan (which is the no. 2 single malt brand by sales in the US). And Indian spirits are becoming the new craze…
What Is the Best Indian Single Malt Whisky? These New Bottles Make the Case - Bloomberg
6 Likes
I think she is mother of Manu Sharma and also wife of venod sharma.
So what ? Everyone in the family has to pay for one person’s crime ? As it is, he has paid his debt to society and his family members should be free from guilt by association.