| Business Description
We are one of the largest franchisee in the world (outside USA) of carbonated soft drinks (“CSDs”) and non-carbonated beverages (“NCBs”)sold under trademarks owned by PepsiCo. We produce and distribute a wide range of CSDs, as well as a large selection of NCBs, including packaged drinking water. PepsiCo CSD brands produced
 and sold by us include Pepsi, Diet Pepsi, Seven-Up, Mirinda Orange, Mirinda Lemon, Mountain Dew, Seven-Up Nimbooz Masala Soda, Seven-Up Revive and Evervess. PepsiCoNCB brands produced and sold by us include Tropicana Slice, Tropicana Frutz (Lychee, Apple and Mango), Nimbooz as well as packaged drinking water under the brand Aquafina. In addition, we have also been granted the franchise for Ole brand of PepsiCo products in Sri Lanka.We have been associated with PepsiCo since the 1990s and have over two and half decades consolidated our business association with PepsiCo, increasing the number of licensed territories and sub-territories covered by us, producing and distributing a wider range of PepsiCo beverages, introducing various SKUs in our portfolio, and expanding our distribution network. As of March 31, 2016, we have been granted franchises for various PepsiCo products across 17 States and two Union Territories in India. India is our largest market and contributed 82.48%, 80.67% and 84.38% of our revenues from operations (net) in Fiscal 2013, Fiscal 2014 and Fiscal 2015, respectively. We have also been granted the franchise for various PepsiCo products for the territories of Nepal, Sri Lanka, Morocco, Mozambique and Zambia. In addition, we are in the process of setting up a greenfield facility in Zimbabwe in anticipation of franchise rights being granted by PepsiCo Inc. for such territory.
Lead Manager :
Axis Capital Ltd.
CLSA India Ltd
Kotak Mahindra Capital Co Ltd
Yes Securities (India) Ltd. |
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