Skip to main content

How Bira 91's Ankur Jain is keeping the fizz alive

When we met at the Bira 91 headquarters in Delhi’s Connaught Place in March, Ankur Jain, CEO and founder of Bira 91,was in his usual attire—denims and a black T-shirt with the Bira monkey emblazoned on it. Months later, Jain and I are meeting virtually over a Microsoft Teams call. “It feels like we are living a different life," says Jain, dressed in the same T-shirt. The means of our communication may have changed but his attire hasn’t.

Despite the pandemic bringing major sections of the economy to a halt, it has been an eventful year for Bira. In March, it launched the Bira 91 Limited Release Taproom in Koramangala, Bengaluru. Jain says the taproom was meant to be a place where they could host consumers and get them to try out new variants of their brews. It was almost like “crowd-sourcing" the next Bira 91. “The intent with the taproom was to get every consumer to rate and vote our beers, give us feedback on what they like about them and what they don’t. We want to incorporate that feedback into the next very wide- and large-scale Bira 91 release," he adds. They hope to resume operations at the taproom in the next few weeks, with strict hygiene measures in place.

The taproom’s launch coincided with the brand’s five-year anniversary and the commissioning of a new brewery in Mysuru. “What we did in that brewery was, we installed a small microbrewery where we are able to make a 500-litre batch of beer. Typically, our batches of beer are a minimum of 6,000-10,000 cases.... This allows us to have a lot of new, experimental products that can be released quickly," explains Jain.

Ensuring that experimentation is still a part of the organization’s DNA, even if some of those experiments don’t work out, is really important for Jain, 39. He says he often finds himself “cajoling" his leadership team to take risks. “I definitely constantly push them into taking risks that they otherwise would not...half of them fail but that’s okay," he adds. The taproom, one such example, is where Jain hopes to release new beers inspired by new flavours, be it a west coast IPA (Indian Pale Ale), a Pomegranate Champagne Rosé beer or an imperial stout. “We are playing a lot with ingredients. We even did something with mango lassi!" he says.

Given the months of lockdown that followed, the taproom launch feels like a long time ago. The past few months, Jain admits, were a “very difficult operating environment". “We were shut like the rest of the country for almost 45 days completely—between 20 March-4 May. All our breweries were shut, all retail shops and restaurants were also shut. In May, a bunch of states started opening up but there were several disruptions and inconsistencies." he adds. Since then, he adds, the breweries have been able to restart operations, with safety checks and social distancing measures.

Through this period, most of the company’s 500-strong workforce has been functioning from home.As luck would have it, Bira 91 had put in place a “Makeplay" work-from-home policy earlier this year, well before covid-19 struck. “I think we reconditioned well to work from home. We had instituted the Makeplay policy last year and started allowing people to work from home for a certain part of their week," says Jain.

Jain explains that for the overall beer industry, 40% of sales happen in the crucial months of April-June. This May, he estimates, beer sales were down 75% compared to last year. “It’s quite insane," he adds. “In May, we (the company) were at 70% of our pre-covid levels (in terms of sales). There has been a massive decline in the beer sector, not only due to the disruption in the supply chain but because demand has also been impacted."

Sandip Ginodia , CEO

 

ALTIUS INVESTECH PVT LTD

 

We deal in over 60 unlisted companies with 15 years of experience 

For latest prices visit : www.abhisheksecurities.com/unlisted.htm / call : 09830271248 .

Email : ginodiasandip1@gmail.com



Comments

Popular posts from this blog

Reliance's JioMart is averaging half a million orders per day; WhatsApp driving growth

  JioMart , Reliance's online-to-offline commerce  platform that launched in May , has scaled up rapidly, riding on the pandemic-fuelled digital acceleration. The service, which went   live in 200 cities across India, is currently processing an average of  500,000 orders per day. " We can go even higher on peak days",  Jio Platforms CEO   Kiran Thomas  revealed at the Facebook for Fuel India 2020 event. He said, "JioMart is empowering millions of  kiranas  and small merchants through the simple and secure platform of WhatsApp, and linking them to Reliance Retail's pan-India supply chain. We expect to grow manifold in future, and are optimistic about enabling new cohorts of users and making it easier for them to shop for daily essentials."  "Customers are transacting seamlessly on JioMart and the  conversational nature of the service  enabled by WhatsApp has made people adapt to it intuitively," he added. Reliance also stated that it will continue t

TCS merger with TCS e serve

The board of Tata Consultancy Services (TCS) in its meeting on 18 October 2012 has approved the composite scheme of arrangement between TCS, TCS e-Serve (e-Serve) and TCS e-Serve International (TEIL). The composite scheme of arrangement provides for merger of e-Serve into TCS and demerger of TEIL's special economic zone (SEZ) undertaking(s) to TCS. The appointed date proposed for this scheme is 01 April 2013. TCS holds 96.26% of the paid up equity share capital of e-Serve. TEIL is a wholly owned subsidiary of e-Serve. As per the terms of the scheme of arrangement, shareholders of e-Serve (other than TCS) will receive 13 equity shares of Re 1 each of TCS for every 4 equity shares of Rs 10 each of e-Serve held by them. The board has approved the scheme of merger of Computational Research Laboratories (CRL) and Retail FullServe (RFL) with TCS. The proposed appointed date for the merger of CRL is 01 October 2012 and for the merger of RFL is 01 April 2012. Computational Res

Stock broker SMC Global files for IPO

F inancial services company SMC Global Securities has filed draft red herring prospectus with SEBI for public issue of 1,58,67,380 equity shares of face value of Rs 2 each. The issue comprises a fresh issue of 79,33,690 equity shares by the company and an offer for sale of 79,33,690 shares by Millennium India Acquisition Company Inc. As of September 30, 2012, "We service our broking clients through a network of 43 branches and 2,521 registered sub-brokers and authorized persons spread in more than 500 cities and towns. We have also established an office in Dubai for brokerage and trading activities in that region," the company said. SMC has reported a loss of Rs 0.42 crore and total revenues of Rs 292.24 crore in the year ended March 31, 2012. "The proceeds of the fresh issue shall be utilised for margin maintenance with stock exchanges; part repayment of term loan; investments into subsidiary, SMC Comtrade; and general corporate purposes," according to p