Jagatjit Industries
Jagatjit Industries Limited is an Indian public alcoholic beverages manufacturer founded in 1947, now diversifying into grain-based ethanol production via a 200 KLPD facility in Kapurthala, Punjab, serving both beverage consumers and India's fuel-blending value chain.
- Company typePublic
- Founded1947
- HeadquartersKapurthala, India
- Headcount5,001–10,000
- GTM typeB2B and B2C
- OfferingHardware or Manufacturing
What Jagatjit Industries does
Jagatjit Industries Limited is an India-domiciled public company (BSE: 507155) headquartered in Kapurthala, Punjab, that has operated in the Indian alcoholic beverages market since 1947. Its core offering is the manufacture and sale of branded spirits, sold through licensed channels to consumers across India, with the company historically focused on premiumization within the segment. The business also encompasses grain-based distilling operations, anchored by a 200 KLPD facility in Kapurthala district, Punjab, which commenced commercial production in July 2025 and converts grain into ethanol aligned with India's Ethanol Blending Programme and broader green-energy mandates. Projected annual revenue from this plant is approximately ₹550 crore, positioning the company as a participant in the fuel-blending supply chain alongside its traditional beverage business.
The company employs more than 10,000 people and is undertaking a visible transformation: leadership transitioned in May 2026 with the appointment of Roopak Chaturvedi as CEO, bringing FMCG and spirits experience from Marico, PepsiCo, Abbott, Allied Blenders & Distillers, and Bacardi. Revenue mechanics split between transaction-fee style offtake for ethanol (sold to oil marketing companies under government allocation) and license-based volume sales in liquor. Capital has been sourced from institutional investors including India Renewable Energy Development Agency (2023) and Indiabulls Commercial Credit (2018). Financially, the company reported a consolidated net profit of ₹64.40 crore for Q2 FY26 (December 2025), recovering from a ₹4.33 crore net loss in the prior-year period, even as quarterly sales of ₹22.97 crore declined 80.65% year-over-year, indicating that the ethanol ramp and liquor premiumization thesis are still in execution.
Jagatjit Industries firmographics
Firmographics- Name
- Jagatjit Industries
- Legal name
- Jagatjit Industries Limited
- Website
- https://jagatjit.com
- Company type
- Public
- Founded year
- 1947
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Jagatjit Industries Limited is an Indian public alcoholic beverages manufacturer founded in 1947, now diversifying into grain-based ethanol production via a 200 KLPD facility in Kapurthala, Punjab, serving both beverage consumers and India's fuel-blending value chain.
- Ownership category
- akta.pro rank
Jagatjit Industries industry classification
Industry- Product category
- Alcoholic Beverages and Ethanol Manufacturing
- NAICS
- Ethyl Alcohol Manufacturing (325193), Distilleries (312140), Beverage Manufacturing (3121)
- SIC
- Beverages (2080)
- akta.pro primary industry
- Grain & Sugar-Based Ethanol Production (EUAAAHAA)
- akta.pro secondary industry
- Sake, Soju & Other Asian Alcoholic Beverages Producers & Brands (CRADAIAF)
Keywords
Where Jagatjit Industries is headquartered
LocationHeadquarters
- HQ city
- Kapurthala
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
Jagatjit Industries business model
Business model- GTM type
- B2B and B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D
Revenue model
- Ethanol Production and Sales: Production and sale of grain-based ethanol to be blended with petrol. The company expects annual revenue of ₹550 crore from the new Punjab facility.
- Liquor/Alcoholic Beverages: Manufacturing and sale of alcoholic beverages. Q2 FY26 (December 2025) reported sales of Rs 22.97 crore, representing a significant decline of 80.65% year-over-year.
Jagatjit Industries product offering
Product offeringCore offering
Jagatjit Industries manufactures and sells alcoholic beverages under its legacy liquor portfolio and, since July 2025, produces grain-based ethanol at a new 200 KLPD distillery in Kapurthala, Punjab. Ethanol output is targeted at India's petrol-blending program, with projected annual revenue of ₹550 crore from the facility. The company employs 10,000+ people and operates as a publicly listed Indian manufacturer.
Product overview
Jagatjit Industries is a company operating primarily in the Indian alcoholic beverages market, currently undergoing a transformation phase. The company has diversified into grain-based ethanol production with a new 200 KLPD facility in Punjab's Kapurthala district, generating annual revenue targets of ₹550 crore. The ethanol production aligns with India's green fuel push and ethanol blending policies. The company focuses on premiumization trends in the alcoholic beverages segment.
Differentiator
Problem solved
Functional benefit
Products and services
- Alcoholic Beverages Legacy manufacturing and sale of alcoholic beverages in the Indian market, including spirits; targeted at premium consumers amid intensifying competition.
- Grain-Based Ethanol Ethanol produced from grain at the company's 200 KLPD distillery in Punjab's Kapurthala district, supporting India's green energy initiatives and the Ethanol Blending Programme; projected annual revenue of ₹550 crore.
Quantifiable outcome
- ₹550 crore projected annual revenue from ethanol plant
- +2 more outcomes
Companies that use Jagatjit Industries
Customer profileSegments2 records
Ideal customer profiles2 records
Jagatjit Industries technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Jagatjit Industries partnerships and signals
Strategic signalScale indicators5 records
Recent moves6 records
Expansion highlights5 records
Jagatjit Industries competitors and assessment
Company assessmentDirect peers
- Mohan Meakin: Heritage Indian distillery best known for Old Monk rum and a diversified malt/spirits portfolio; comparable as a legacy Indian brand navigating the same premiumization and consolidation dynamics.
- Allied Blenders & Distillers: One of India's largest Indian-made foreign liquor companies, directly competing with Jagatjit's spirits portfolio across mass and premium segments; also Roopak Chaturvedi's prior employer, making it a close functional and strategic comparator.
- United Spirits: Diageo-controlled market leader in Indian spirits; competes head-to-head with Jagatjit's whisky/rum/brandy portfolio and dictates pricing and distribution dynamics in the same Indian state markets.
- Radico Khaitan: Leading Indian premium spirits manufacturer (Magic Moments vodka, 8PM whisky, Royal Rant); competes with Jagatjit across price tiers and represents the closest premiumization playbook benchmark.
- Tilaknagar Industries: Indian distillery producing XXX Rum, Mansion House brandy and whisky — directly comparable mid-sized IMFL producer operating in overlapping states and distribution channels.
- Globus Spirits: Indian distiller producing both branded spirits (Doctor's Brandy, White Lace whisky) and industrial-grade alcohol/ethanol; closest dual-engine comparable because it splits capacity between IMFL and ethanol, mirroring Jagatjit's structure.
Others
- Praj Industries: Leading Indian ethanol plant technology and engineering provider; an enabling/ecosystem peer whose customers include the same OMCs and grain-based distillers, providing indirect read-throughs on Indian ethanol capacity build-out relevant to Jagatjit's grain-based plant.
Emerging players
- Bajaj Hindusthan Sugar: Large Indian sugar producer with significant ethanol (and downstream ENA/spirits) capacity built around the EBP; an emerging competitor on ethanol offtake economics that feeds into the same fuel-blending supply chain as Jagatjit's Punjab facility.
- Triveni Engineering & Industries: Indian sugar and ethanol producer ramping distillery capacity under the EBP; competes with Jagatjit in the same grain/sugar-based ethanol procurement and OMC offtake markets.
Broad incumbents
- Pernod Ricard India: Global spirits major with a significant Indian operation (Royal Stag, Blenders Pride, Imperial Blue); a broad incumbent that defines the competitive ceiling in Indian premium IMFL segments where Jagatjit is repositioning.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Jagatjit Industries social profiles
Digital presenceJagatjit Industries financial estimates
Financial estimateRevenue estimate
Valuation estimate
Jagatjit Industries leadership team
Management profileNumber of profiles
Profiles4 records
Jagatjit Industries funding detail
Funding detailFunding overview
Funding rounds3 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Jagatjit Industries M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Jagatjit Industries
What does Jagatjit Industries do?
Jagatjit Industries manufactures and sells alcoholic beverages under its legacy liquor portfolio and, since July 2025, produces grain-based ethanol at a new 200 KLPD distillery in Kapurthala, Punjab. Ethanol output is targeted at India's petrol-blending program, with projected annual revenue of ₹550 crore from the facility. The company employs 10,000+ people and operates as a publicly listed Indian manufacturer.
Is Jagatjit Industries a public or private company?
Jagatjit Industries is a public company. It is classified as public and is currently operating.
When was Jagatjit Industries founded?
Jagatjit Industries was founded in 1947. It employs 5,001 to 10,000 people.
Where is Jagatjit Industries based?
Jagatjit Industries is headquartered in Kapurthala, India, in the Asia region.
How does Jagatjit Industries make money?
Two revenue lines are on record. Ethanol Production and Sales are the primary driver. The others are liquor/Alcoholic Beverages.
Who are Jagatjit Industries's main competitors?
Direct peers on record are Mohan Meakin, Allied Blenders & Distillers, United Spirits, Radico Khaitan, Tilaknagar Industries and Globus Spirits. Praj Industries is listed as an others. Emerging players are Bajaj Hindusthan Sugar and Triveni Engineering & Industries. Pernod Ricard India is listed as a broad incumbent.
Does Jagatjit Industries have an API?
No public API is recorded for Jagatjit Industries.
What industry is Jagatjit Industries in?
Jagatjit Industries's product category is Alcoholic Beverages and Ethanol Manufacturing. Its primary akta.pro industry code is EUAAAHAA, Grain & Sugar-Based Ethanol Production, with a secondary code of CRADAIAF, Sake, Soju & Other Asian Alcoholic Beverages Producers & Brands. Its NAICS code is 325193 and its SIC code is 2080.