1. United Spirits Limited (NSE: UNITEDSPR) Market Cap: ~₹1.2 lakh crore (as of 2023) Key Brands: McDowell’s No.1, Royal Challenge, Signature

1. United Spirits Limited (NSE: UNITEDSPR) Market Cap: ~₹1.2 lakh crore (as of 2023) Key Brands: McDowell’s No.1, Royal Challenge, Signature

2. Radico Khaitan Limited (NSE: RADICO) Market Cap: ~₹15,000 crore Key Brands: 8PM Whisky, Magic Moments Vodka, Rampur Single Malt

2. Radico Khaitan Limited (NSE: RADICO) Market Cap: ~₹15,000 crore Key Brands: 8PM Whisky, Magic Moments Vodka, Rampur Single Malt

3. Globus Spirits Limited (NSE: GLOBUSSPR) Market Cap: ~₹3,500 crore Key Brands: Rum, Officer’s Choice (contract manufacturing)

3. Globus Spirits Limited (NSE: GLOBUSSPR) Market Cap: ~₹3,500 crore Key Brands: Rum, Officer’s Choice (contract manufacturing)

4. Tilaknagar Industries Limited (NSE: TI) Market Cap: ~₹2,800 crore Key Brands: Mansion House Brandy, Courrier Napoleon

4. Tilaknagar Industries Limited (NSE: TI) Market Cap: ~₹2,800 crore Key Brands: Mansion House Brandy, Courrier Napoleon

5. Sula Vineyards Limited (NSE: SULA) Market Cap: ~₹4,000 crore Key Brands: Sula Reds, Dindori Reserve

5. Sula Vineyards Limited (NSE: SULA) Market Cap: ~₹4,000 crore Key Brands: Sula Reds, Dindori Reserve