Monika Alcobev

Mumbai, India Founded: 2021 • Age: 5 yrs Listed
Brand of wines and spirits
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About Monika Alcobev

Monika Alcobev is a publicly listed company based in Mumbai (India) founded in 2021 by Bhimji Nanji Patel. Brand of wines and spirits. Monika Alcobev has raised $3.31 million across 1 funding round from investors including Rhetan Estate and Deven Shah. The company has 1 employees. Monika Alcobev was last valued at $26.49 million in January 2024. Its chief executive, as recorded, is Kunal Patel. Its Indian entity Monika Alcobev Limited reported revenue of ₹310 Cr. Monika Alcobev offers products and services including Spirits, Wines, and Liqueurs. Its focus areas include Food and Agriculture, Alcoholic Beverage Products, Multi-category and Consumer Goods. Its competitors include John Distilleries, SOM Group of Companies and Diageo India.

Company details

Monika Alcobev was established in 2021 in Mumbai, India, as an importer and distributor of foreign liquor brands. Operations center on providing a selection of high-end spirits and wines within the alcobev sector. Distribution activities are conducted across India, with emphasis placed on quality standards for premium products. Leadership is provided by key personnel including the founder and CEO.

Operational Areas
Consumer → Alcoholic & Tobacco Products
Key Metrics
  • Market Cap
    ₹320 Cr

    MONIKA · BSE

  • Share Price
    ₹151.90

    +1.74% today

  • Revenue
    ₹301 Cr

    FY 2025-26 · +27.5% YoY

  • EBITDA
    ₹45.95 Cr

    Margin 15.3%

  • Net Profit
    ₹32.13 Cr

    FY 2025-26 · +49.9% YoY

  • ROE
    18.9%

    ROCE 14.7%

  • Debt / Equity
    1.13

    Interest cover 42.5x

  • Total Equity Funding
    $3.31M (USD)

    in 1 rounds

  • Latest Funding Round
    $3.31M (USD), Series A

    Jan 2024

  • Employee Count
    1

Products & Services of Monika Alcobev

Monika Alcobev offers a comprehensive portfolio of products and services, including Spirits, Wines, and Liqueurs.

Spirits
Beverages

Premium spirits imported and distributed for various sectors

Wines
Beverages

High-quality wines marketed across the Indian Subcontinent

Liqueurs
Beverages

Luxury liqueurs supplied to retail and hospitality channels

Funding Insights of Monika Alcobev

Monika Alcobev has successfully raised a total of $3.31M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.31 million completed in January 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $3.31M
  • Total Rounds 1
  • Last Round Series A — $3.31M
  • First Round $3.31M

    (Jan 2024)

  • Investors Count 2

All 1 funding rounds of Monika Alcobev with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2024$3.31MSeries A$26.49MRhetan Estate, Deven Shah
–
Valuation history
DateValuationStage
Jan 2024$26.49M••••••••

Last known valuation $26.49M (Jan 2024). 2 investors in total: 1 institutional and 1 angel.

Investors in Monika Alcobev

Monika Alcobev has secured backing from 2 investors, including institutional and angel investors. Prominent investors backing the company include Rhetan Estate and Deven Shah.

All
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Rhetan Estate

Deven Shah

Angel investor and entrepreneur, focused on tech startups in India.
unknown_4197848f4c1e4e5d9
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Investor details for Monika Alcobev

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Board of directors of Monika Alcobev Limited (Monika Alcobev)

Monika Alcobev Limited is the primary company behind Monika Alcobev. The board of Monika Alcobev Limited currently have 5 directors; the longest-serving is Bhimji Nanji Patel, appointed in 2022. 5 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Bhimji Nanji Patel
DIN 00253030
Whole-time director17 Jan 20224 yrs 9 moMonika Alcobev Limited
Kunal Bhimji Patel
DIN 03039030
Managing Director17 Jan 20224 yrs 9 moMonika Alcobev Limited
Jagruti Prashant Sheth
DIN 07129549
Director22 Feb 20251 yr 8 moMonika Alcobev Limited
Samir Kumar Das
DIN 09645179
Director24 Nov 202511 moMonika Alcobev Limited
Ghanshyam Vijaykumar Vyas
DIN 11386659
Director24 Nov 202511 moMonika Alcobev Limited

People of Monika Alcobev

2 people are tracked at Monika Alcobev (2 in leadership); the tracked headcount is 1.

NameRoleGroup
Bhimji Nanji Patel
FounderLeadership
Kunal Patel
CEO & MDLeadership
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Complete people profiles for Monika Alcobev

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IPO & Listings of Monika Alcobev

Monika Alcobev is a publicly listed company on the BSE with ticker symbol MONIKA in India, operating in the Distribution services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date23 Jul 2025
  • Listed onBSE: 544451
  • Listed entityMonika Alcobev Limited
  • Exchange sectorDistribution services
  • ISININE0LCG01010
  • Share price₹143.30 (-0.03% on the day) · 2026-10-14
  • Market capitalisation₹307 Cr
  • Price to earnings9.6
  • EPS (diluted, trailing year)₹14.99
  • Dividend yield0.66%
  • Volume (last session)400

Financials of Monika Alcobev

Exchange-reported figures of Monika Alcobev Limited, the listed company behind Monika Alcobev (BSE: MONIKA).

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹301 Cr
+27.5% YoY
EBITDA
₹45.95 Cr
-1.1% YoY
Profit After Tax
₹32.13 Cr
+49.9% YoY
Net Worth
₹244 Cr
+154.5% YoY
Total Assets
₹456 Cr
+68.4% YoY
Total Debt
₹211 Cr
+20.9% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Income statement
Revenue30123618914018.21
Revenue growth+27.5%+24.8%+35.4%+667.6%-
EBITDA45.9546.4433.0325.623.68
EBITDA margin+15.3%+19.7%+17.5%+18.3%+20.2%
Profit before tax34.5130.8922.8219.012.64
Net profit32.1321.4416.5913.041.78
Net profit margin+10.7%+9.1%+8.8%+9.3%+9.8%
EPS (₹)14.9913.8772.6065.1335.52
Balance sheet
Total assets45627118289.3974.11
Net worth24496.0158.5317.124.10
Total debt21117412372.0669.92
Cash & bank59.7927.3813.740.788.43
Net working capital43325017582.4065.39
Cash flow
Cash from operations(102)(25.92)(53.64)(6.15)4.66
Cash from investing(17.27)(26.03)(13.49)1.04(0.30)
Cash from financing13652.0267.26(2.55)3.33

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 13 Nov 2026
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Revenue30123618914018.21
Revenue growth+27.5%+24.8%+35.4%+667.6%-
Other income9.213.532.080.580.26
Total expenses25519015611414.53
Employee cost18.8313.819.836.841.06
EBITDA45.9546.4433.0325.623.68
EBITDA margin+15.3%+19.7%+17.5%+18.3%+20.2%
Depreciation1.991.231.040.960.17
Interest18.6617.8511.256.231.13
Profit before tax34.5130.8922.8219.012.64
Tax2.387.796.235.970.86
Net profit32.1321.4416.5913.041.78
Net profit margin+10.7%+9.1%+8.8%+9.3%+9.8%
EPS (₹)14.9913.8772.6065.1335.52
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Equity & liabilities
Share capital21.4516.662.292.002.00
Reserves & surplus22379.3556.2415.122.10
Shareholders' funds (net worth)24496.0158.5317.124.10
Secured loans20016311143.6438.94
Unsecured loans10.7211.3511.8528.4230.98
Total debt21117412372.0669.92
Total liabilities45627118289.3974.11
Assets
Gross block22.6522.037.606.526.12
Net block17.6819.055.425.395.95
Capital work in progress0.000.000.000.140.00
Investments0.000.000.000.000.00
Inventories19614985.6739.6326.97
Sundry debtors15910295.8972.0840.67
Cash & bank balances59.7927.3813.740.788.43
Loans & advances54.4224.5514.229.055.59
Total current assets46930321012281.66
Total current liabilities36.3753.0934.4539.1416.27
Net working capital43325017582.4065.39
Total assets45627118289.3974.11
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Opening cash0.340.280.147.800.11
Net cash from operating activities(102)(25.92)(53.64)(6.15)4.66
Net cash from investing activities(17.27)(26.03)(13.49)1.04(0.30)
Net cash from financing activities13652.0267.26(2.55)3.33
Net change in cash16.740.070.13(7.66)7.69
Closing cash59.7927.3813.740.788.43
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Growth
Sales growth+27.5%+24.8%+35.4%+667.6%-
EBITDA growth-1.1%+40.6%+28.9%+596.2%-
PBT growth+11.7%+35.4%+20.0%+9997.0%+9997.0%
Net income growth+49.9%+29.2%+27.2%+632.6%-
Revenue CAGR (3Y)+29.2%+134.9%---
EBITDA CAGR (3Y)+21.5%+132.8%---
Profitability & leverage
Net income margin+10.7%+9.8%+8.8%+9.3%+9.8%
Return on capital employed+14.7%+21.6%+25.1%+30.9%+20.4%
Return on net worth+18.9%+29.9%+43.9%+122.8%+173.7%
Debt / equity1.131.922.586.6917.05
Long-term debt / equity0.060.230.633.379.53
Interest cover42.4539.4835.1725.2632.19
Efficiency & per share
Fixed asset turnover13.9516.9229.7025.3814.45
Inventory turnover1.812.133.354.823.28
Debtors turnover2.392.542.502.842.17
EPS (₹)14.9913.8772.6065.1335.52
Dividend per share (₹)1.001.4010.0010.000.00
Book value per share (₹)113.9057.63256.0585.6120.48

Timeline of Monika Alcobev

4 dated milestones of Monika Alcobev across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded Monika Alcobev is founded.
  2. Funding First funding round of $3.3M.
  3. Milestone Reaches Minicorn status.
  4. IPO Lists on the stock exchange (IPO).

Competitors of Monika Alcobev

Monika Alcobev has 3 listed competitors in our database. They include John Distilleries, SOM Group of Companies and Diageo India.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
John Distilleries
jdl.in1996Bengaluru, India721
Brand of whiskey, rum, brandy, and wines
SOM Group of Companies
somindia.com1986Bhopal, India73
Liquor is processed and managed by SOM Group of Companies.
Diageo India
diageoindia.com1826Bengaluru, India51
Multi-category alcoholic beverages are produced and distributed by Diageo India.
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Detailed competitors of Monika Alcobev

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Web traffic of Monika Alcobev

The website of Monika Alcobev (monikaalcobev.com) receives about 4.7K visits a month.

  • Monthly visits
    4.7K

    ▲ 48.8% vs previous month

Similar websites

Websites whose visitors overlap most with Monika Alcobev. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
Ambrosia India
ambrosiaindia.com
100%
#1,842,708View details

Top companies in Alcoholic & Tobacco Products

3 companies that operate in the same segment as Monika Alcobev (Alcoholic & Tobacco Products) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Bira 91
Flavored craft beers are produced and distributed by Bira 91.
2015Delhi, Delhi, IndiaUSD 456.92 MUSD 105.75 M1,020
Nao Spirits
Brand of multi-category alcoholic spirits
2017Delhi, Delhi, IndiaUSD 9.83 MUSD 3.99 M54
Proost69
Brand of beer and spirits
2017Gurugram, Haryana, IndiaUSD 8.89 MUSD 2.66 M33
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Related news about Monika Alcobev

Monika Alcobev Appointed As Remy Cointreau's Exclusive Partner Across India
Reuters • 3 months ago
Monika Alcobev appointed as Rémy Cointreau's exclusive partner across India - The Wire
The Wire • 3 months ago
Monika Alcobev Enters Strategic Partnership With Angostura
Reuters • 3 months ago
Specialty healthcare providers grow; Monika Alcobev’s trendspotting | YourStory
YourStory • 9 months ago
From K-dramas to coffee culture: How Monika Alcobev is betting on trends before the hype | YourStory
YourStory • 9 months ago
Monika Alcobev Makes BSE Debut, Becomes First Premium Spirits Distributor to Go Public in India | Entrepreneur
Entrepreneur Media India • 1 year ago
Monika Alcobev IPO subscribed 2.15 times on Day 3 so far. Check GMP, other details - The Economic Times
Economic Times • 1 year ago
Last day! Monika Alcobev IPO closes today; check latest subscription, GMP | Markets News - Business Standard
Business Standard • 1 year ago
NIIs drive demand for Monika Alcobev IPO; grey market premium at 3.5% | Markets News - Business Standard
Business Standard • 1 year ago
Monika Alcobev’s Rs 166 cr IPO opens today. No GMP buzz ahead of launch - The Economic Times
Economic Times • 1 year ago
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Frequently Asked Questions about Monika Alcobev

Monika Alcobev was founded in 2021 and raised its 1st funding round 3 years after it was founded.

Monika Alcobev is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Kunal Patel is the CEO of Monika Alcobev, as recorded in our data.

Monika Alcobev is a funded company, having raised a total of $3.31M across 1 funding round to date. The company's 1st funding round was a Series A of $3.31M, raised on Jan 2024.

Monika Alcobev has 1 employees.

The primary company behind Monika Alcobev, Monika Alcobev Limited, reported revenue of ₹310 Cr for FY 2026, up 28% year on year.

Monika Alcobev was established in 2021 in Mumbai, India, as an importer and distributor of foreign liquor brands. Operations center on providing a selection of high-end spirits and wines within the alcobev sector. Distribution activities are conducted across India, with emphasis placed on quality standards for premium products. Leadership is provided by key personnel including the founder and CEO.

Monika Alcobev's top competitors include John Distilleries, Diageo India and SOM Group of Companies.

Monika Alcobev offers Spirits, Wines, and Liqueurs.

Yes, Monika Alcobev is publicly traded on BSE under the ticker symbol MONIKA.

Monika Alcobev has 2 investors. Key investors include Rhetan Estate, and Deven Shah.

The valuation of Monika Alcobev is $26.49M as of Jan 2024.

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