Consistent Compounders: These alcohol stocks delivered a CAGR of over 20 per cent in last three years!

The Indian breweries and distilleries sector is a sunrise sector owing to its high-growth potential and increasing social acceptance. The domestic spirits industry has been growing at a CAGR of more than 12 per cent for the decade since 2001, making it one of the fastest-growing markets across the globe.

The outlook for India’s alcoholic beverages market continues to remain positive due to favourable demographics, expanding middle-class, rising disposable income levels, greater preference experiences, and greater acceptance of alcoholic beverages in social circles. 

Also, organised players with established brands stand to benefit from steady growth in the conversion from country liquor to IMFL given increasing health concerns associated with the consumption of country liquor.

Have a look at the complete list of alcohol stocks delivering returns with a CAGR of more than 20 per cent over the past three years.