| P&L Statement | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Revenue | 428.2 | 717.77 | 824.32 | 638 |
| Cost of Material Consumed | 87.17 | 164.4 | 265.38 | 201 |
| Change in Inventory | 4.48 | 68.44 | -26.27 | 33 |
| Gross Margins | 79.64 | 77.1 | 67.81 | 68.5 |
| Employee Benefit Expenses | 62.96 | 90.71 | 114.98 | 182 |
| Other Expenses | 378.01 | 567.45 | 710.29 | 696 |
| EBITDA | -104.42 | -173.23 | -240.06 | -474 |
| OPM | -24.39 | -24.13 | -29.12 | -74.29 |
| Other Income | 34.61 | 15.98 | 24.39 | 30 |
| Finance Cost | 76.2 | 87.72 | 96.59 | 160 |
| D&A | 74.24 | 90.09 | 121.41 | 144 |
| EBIT | -178.66 | -263.32 | -361.47 | -618 |
| EBIT Margins | -41.72 | -36.69 | -43.85 | -96.87 |
| PBT | -211.28 | -335.07 | -433.69 | -749 |
| PBT Margins | -49.34 | -46.68 | -52.61 | -117.4 |
| Tax | 0 | 0 | 11.78 | 0 |
| PAT | -211.28 | -335.07 | -445.47 | -749 |
| NPM | -49.34 | -46.68 | -54.04 | -117.4 |
| EPS | -159.22 | -69.51 | -79.56 | -125.04 |
| Financial Ratios | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Operating Profit Margin | -24.39 | -24.13 | -29.12 | -74.29 |
| Net Profit Margin | -49.34 | -46.68 | -54.04 | -117.4 |
| Earning Per Share (Diluted) | -159.22 | -69.51 | -79.56 | -125.04 |
| Assets | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Fixed Assets | 76.36 | 84.45 | 431.45 | 507 |
| CWIP | 76.36 | 7.16 | 15.16 | 29 |
| Investments | 35.52 | 54.7 | 1.1 | 1 |
| Trade Receivables | 124.53 | 126.68 | 169.68 | 108 |
| Inventory | 99.25 | 74.05 | 164.2 | 108 |
| Other Assets | 578.2 | 645.76 | 492.54 | 397 |
| Total Assets | 920.87 | 992.8 | 1274.13 | 1150 |
| Liabilities | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Share Capital | 13.27 | 48.206 | 55.99 | 59.9 |
| FV | 10 | 10 | 10 | 10 |
| Reserves | 28.07 | -72 | 106 | -422 |
| Borrowings | 246.94 | 346.71 | 314.6 | 594 |
| Trade Payables | 138.07 | 187.26 | 290.05 | 438 |
| Other Liabilities | 494.52 | 482.45 | 507.63 | 558.1 |
| Total Liabilities | 920.87 | 992.63 | 1274.27 | 1228 |
| Cash-Flow Statement | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| PBT | -211.28 | -335.07 | -433.69 | -749 |
| OPBWC | -75.43 | -335.07 | -198.35 | -437 |
| Change in Receivables | -36.56 | -7.7 | -60.75 | 37 |
| Change in Inventories | -19.65 | 17.37 | -103.91 | 56 |
| Change in Payables | 45.44 | 17.68 | 138.6 | 241 |
| Other Changes | -36.09 | -68.5 | -59.43 | 47 |
| Working Capital Change | -46.86 | -41.15 | -85.49 | 375 |
| Cash Generated From Operations | -122.29 | -179.79 | -283.84 | -62 |
| Tax | 0.81 | 0.06 | 0.63 | -3 |
| Cash Flow From Operations | -121.48 | -179.73 | -283.21 | -65 |
| Purchase of PPE | -30.02 | -42.3 | -128.26 | -148 |
| Sale of PPE | 0 | 0 | 0 | 0 |
| Cash Flow From Investment | -66.04 | -57.24 | -227.18 | -189 |
| Borrowing | 79.85 | 96.34 | -25.09 | 181 |
| Dividend | 0 | 0 | 0 | 0 |
| Equity | 5.6 | 0 | 609.02 | 76 |
| Others From Financing | 102.8 | 134.71 | -47.57 | -79 |
| Cash Flow from Financing | 188.25 | 231.05 | 536.36 | 178 |
| Net Cash Generated | 0.73 | -5.92 | 25.97 | -76 |
| Cash at the Start | 12.07 | 12.8 | 8.83 | 24 |
| Cash at the End | 12.8 | 6.88 | 34.8 | -52 |
Bira, a popular craft beer brand in India, has garnered significant attention for its innovative products and strong market presence in the rapidly growing alcoholic beverage industry. As a private company, Bira's unlisted shares present a unique investment opportunity for those interested in the burgeoning craft beer segment, which has seen exponential growth due to changing consumer preferences and increasing urbanization. Investing in Bira’s unlisted shares allows investors to participate early in the company's expansion plans, including new product launches, increased marketing efforts, and entry into new markets both domestically and internationally. The craft beer market in India is still evolving, with increasing demand among young consumers seeking premium and innovative beverages, positioning Bira as a promising player with high growth potential. However, investing in unlisted shares comes with notable risks such as lower liquidity, limited market regulation, and transparency issues, which require investors to conduct comprehensive due diligence. Potential investors should evaluate Bira’s financial stability, brand positioning, and future growth strategies before making commitments, as these factors are crucial in determining the long-term viability of their investments. Despite the risks, Bira’s strong brand recognition and strategic expansion plans make its unlisted shares an attractive proposition for investors seeking high returns in a dynamic and competitive market. Nonetheless, such investments are generally suitable for experienced investors with a high risk appetite, willing to hold their investments over an extended period to realize substantial gains. In conclusion, Bira’s unlisted shares offer an exciting but cautious route into India’s evolving craft beer industry, blending significant growth prospects with inherent investment risks.
Q1. What are Bira unlisted shares?
Bira unlisted shares are equity shares of B9 Beverages Pvt Ltd (Bira Beer) that are not yet listed on Indian stock exchanges. Investors can buy and sell these shares in the private unlisted market before the company launches its IPO.
Q2. What is the current price of Bira unlisted shares?
The price of Bira unlisted shares varies based on market demand, liquidity, and company performance. Unlisted share prices are typically quoted by brokers and can change daily depending on buyer-seller activity.
Q3. How can I buy Bira unlisted shares in India?
You can buy Bira unlisted shares through:
The shares are transferred via off-market demat transfer after payment settlement.
Q4. Is it legal to buy and sell Bira pre-IPO shares?
Yes. Trading in unlisted shares in India is legal when done through proper demat transfer and compliant intermediaries. However, liquidity is limited and prices are not regulated like listed stocks.
Q5. Can I sell Bira unlisted shares before IPO?
Yes. Investors can sell Bira unlisted shares anytime in the private market, subject to finding a buyer. Liquidity depends on demand, market sentiment, and broker networks.
Q6. What are the risks of investing in Bira unlisted shares?
Key risks include:
Unlisted investments are suitable for long-term and high-risk tolerant investors.
Q7. Will Bira launch an IPO soon?
Bira (B9 Beverages) has indicated plans to go public in the future, but IPO timelines depend on market conditions, financial performance, and regulatory approvals. There is no fixed listing date as of now.
Q8. Why do investors buy Bira shares before IPO?
Investors aim to:
Q9. Are Bira unlisted shares good for long-term investment?
Bira operates in a high-growth consumer beverage segment. However, returns depend on business expansion, profitability, and IPO valuation. Investors should evaluate financials and risk profile carefully.