Industry Structure and Developments:

Mohan Meakin Limited (“the Company”) is a Public Limited Company incorporated and domiciled in India with its registered office at Solan Brewery in Himachal Pradesh. It was formerly known as E. Dyer & Co., Dyer Meakin & Co. Ltd., Dyer Meakin Breweries Ltd., and Mohan Meakin Breweries Ltd., and was established as far back as 1855. Its shares are listed on Calcutta Stock Exchange (CSE).The Company is manufacturing Beer of all types and IMFS brands including premium Rums, Whiskies, Brandy, Vodka and GIN. In addition to the main products of Beer and IMFS, the company is manufacturing Juices, Canned products, Corn Flakes, Wheat Porridge and vinegars.

The Company has been pioneer in the liquor industry and made steady progress, and established Breweries and Distilleries in various parts of the Country and has created a respected name for itself by delivering an array of highly successful products. At present, the Company has following manufacturing centers, besides other Breweries & Distilleries established under collaboration arrangements in various other places in India.

Solan Brewery (H.P.) Brewery for manufacture of Beer and Bottling Plant for bottling of IMFL.

Kasauli Distillery(H.P.)DistilleryproducingMaltSpirit.
Mohan Nagar (Ghaziabad)(U.P.) Brewery, Distillery, Breakfast Foods, Fruit Products Factory. Mohangram Bhankarpur (Punjab) Bottling Plant for bottling of IMFL.
Lucknow (U.P.) Distillery - Production stopped for the time being.

The Company is manufacturing Beer of all types and IMFS brands including premium Rums, Whiskies, Brandy, Vodka and GIN. In addition to the main products of Beer and IMFS, the Company is manufacturing Juices, Canned products, Corn Flakes, Wheat Porridge and Vinegars etc. The Company’s products are quite popular in the market and are well received by the customers being quality products.

The Company has introduced premium brand of Single Malt Whisky known as Solan Gold Single Malt Whisky in H.P., which is being introduced in other States of the Country. The product has been well accepted in the market. Company is in the process of increasing its productions not only for H.P. but also for Chandigarh and export to other countries.

The Company’s Products like Old Monk Rum, Old Monk White Rum, Old Monk Legend Rum, Old Monk Deluxe Rum, Old Monk Supreme Rum, Old Monk Apple Rum, Old Monk Orange Rum, Old Monk Gold Reserve Rum, Solan Gold Indian Single Malt Whisky, Old Monk 10000 Super Beer andOld Monk the Original Premium Beer Can areexportedto21countriesi.e.U.A.E., Qatar, Russia, Singapore, Malaysia, Germany, New Zealand, Canada, UK, Australia, Estonia, Hong Kong, USA, Sri Lanka, Ukraine, Nigeria, Togo, Ghana, Congo, Japan and Khazakhastan. The total foreign exchange earned as a result of export of Company’s products to these countries is 5806226US$, 28000 CAD and 54400 Euro, which in Indian Rupees stood at Rs.4197.32 Lacs. Company is also exploring the opportunities to further increase the export to other countries as the products of the company are very popular in foreign market and company is also getting enquiries regarding export to these countries. Old Monk Rum produced by the Company as per many publications is rated as the largest selling brand of Dark Rum. The Company’s revenue streams are from 3 areas of activities i.e. –

The total net revenue, after adjusting excise duty, from operations and other income of the Company registered an increase from Rs. 102778 lacs last year to Rs.110187 lacs. The profit during the year amounted to Rs.5415 lacs which is quite satisfactory in the face of stiff competition in the trade. The Company is taking all necessary steps to achieve higher Sales and it is expected that the measures being taken will bring the desired results barring uncertainty prevailing in the Country due to COVID- 19 Pandemic, which has adversely affected the trade.

Mohan Meakin Ltd is listed on Calcutta Stock Exchange.