Results · Commerce & Consumer Brands
Proost Beer achieves EBITDA breakeven in FY25 with revenue up 174%
By Startup Enthusiast ·
- Date
- Company
- Grano69 Beverages
- What it does
- beer brand
- Kind
- Results
What they do
Proost Beer, a homegrown beer brand, has achieved EBITDA breakeven in FY25, driven by increased sales volumes and cost controls
What happened
The company reported revenue of ₹115 crore in FY25, up 174% from ₹42 crore in FY24, with beer volumes rising to 8 lakh cases from 2.5 lakh cases
Why it matters
Proost plans to expand into new markets, introduce new products, and strengthen its presence in high-potential states like Delhi, Punjab, and Uttar Pradesh
The details
- Proost Beer has achieved EBITDA breakeven in FY25, driven by a sharp increase in sales volumes and tighter cost controls.
- Revenue rose to ₹115 crore in FY25, up 174% from ₹42 crore in FY24, with beer volumes increasing to 8 lakh cases from 2.5 lakh cases.
- The company is expanding into new markets and plans to introduce new products to diversify its portfolio beyond its core offerings.
- Proost Beer is currently available in six states: Delhi, Punjab, Uttar Pradesh, Kerala, Karnataka, and Jharkhand.
- Tarun Bhargava, CEO and co-founder, emphasized the importance of focusing on the off-trade channel and maintaining a lean organization to achieve breakeven.
The bigger picture
- Proost Beer is part of a growing trend of homegrown beer brands in India, competing with established players like Bira 91 and Maka Di.
- Bira 91 has scaled back operations due to regulatory challenges, while Proost continues to grow with capital efficiency.
- The beer market in India is evolving, with brands focusing on cost discipline and lean operations to remain competitive.
About the business
- Proost Beer is a homegrown beer brand that sells its products in six Indian states.
- Proost Beer has a lean cost structure, with marketing spends kept below 2% of revenue.
- The company is preparing to launch new beer variants to expand its product portfolio.
- Proost Beer aims to strengthen its presence in high-potential markets and increase consumer engagement through activations.
What happens next
- Proost Beer plans to expand into new markets and introduce new products.
- The company aims to strengthen its presence in high-potential states like Delhi, Punjab, and Uttar Pradesh.
- Proost Beer will continue to focus on the off-trade channel and maintain capital discipline.
The deal
- Type
- results
Investors
- Dauble Pte (investor) — Investor in Proost Beer.
- UMJD Family (investor) — Investor in Proost Beer.
- Dev Punj (investor) — Investor in Proost Beer.
- Manshi Parashar (investor) — Investor in Proost Beer.
Founders
- Tarun Bhargava, CEO and co-founder
About Grano69 Beverages
- Product
- Craft beer and alcoholic beverages.
- Customers
- Beer consumers and retail alcoholic beverage purchasers.
- How it makes money
- Direct product sales through bars, restaurants, and retail liquor distributors.
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