Bira 91’s Financials, Revenue, Profit, Valuation & Shareholding Overview (2025)
Legal Name: B9 BEVERAGES LIMITED | CIN: U80903DL2012PLC236595
Bira 91, founded in 2015 by Ankur Jain, is India’s fastest-growing craft beer brand. Headquartered in Gurugram, Bira 91 offers a range of craft ales and lagers, blending local ingredients with global brewing techniques. The company has disrupted the Indian beer market with flavors like Blonde, White, and IPA, and has expanded distribution across 15 countries. Backed by investors such as Carlsberg and Sequoia, Bira 91 emphasizes brand experience through taprooms, online sales, and strategic partnerships with hospitality chains.
| Founding year | 2015 |
|---|---|
| Headquarters | Gurugram, Haryana, India |
| Valuation | ~$1B (2019) |
| Total Funding | $75M |
| Annual Revenue | ₹550 Cr (FY24) |
| Annual Net Loss | ₹60 Cr (FY24) |
| EBITDA Margin | -10% (FY24) |
| Employees | ~1,000 (FY24) |
| Round | Date | Amount | Investors |
|---|---|---|---|
| Series B | Dec 2017 | $30M | Sequoia, BrewDog |
| Series C | Jul 2019 | $30M | Carlsberg |
| Debt Financing | Mar 2022 | $15M | International Finance Corp |
- Expand production capacity with new breweries in key markets.
- Develop low-ABV and non-alcoholic variants to tap emerging segments.
- Enhance D2C sales via e-commerce and taproom experiences.
- Drive international expansion through partnerships and exports.
- Evaluate IPO once sustained profitability is achieved.
In FY24, Bira 91 opened its first craft beer taproom in Dubai and saw 10% YoY revenue growth.
| Metric | Details |
|---|---|
| Revenue | ₹450 Cr → ₹500 Cr → ₹550 Cr |
| Net Loss | ₹100 Cr → ₹80 Cr → ₹60 Cr |
| EBITDA Margin | -20% → -15% → -10% |
| Employees | 800 → 900 → 1,000 |
| Funding | $30M → $30M → $15M debt |
| IPO Status | Private; potential IPO post-profitability. |
| Expansion Focus | Breweries, product variants, global markets. |
| Latest News | Dubai taproom; 10% YoY growth |
Bira 91’s steady revenue growth and improving margins highlight its leadership in India’s craft beer segment. Continued capacity expansion, product innovation, and path to profitability will support its IPO ambitions.
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- Company disclosures and investor presentations
- Economic Times: Bira91 FY22–FY24 financials
- Inc42: Funding rounds details
- Wikipedia: Bira Brewery
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