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Paul John may retain 10-20 per cent stake in John Distilleries after Sazerac takeover

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Paul John may retain 10-20 per cent stake in John Distilleries after Sazerac takeover

Paul John may retain 10-20 per cent stake in John Distilleries after Sazerac takeover

Paul John, founder of John Distilleries, is considering retaining a minority stake of 10% to 20%. Sazerac, which now holds 65.7% of the company, values John Distilleries at about ₹4,500 crore. The company's revenue increased by 15.1% to ₹10,820 crore in FY26, and net profit surged significantly. However, escalating state duties in Karnataka are impacting retail prices and consumption.

Mumbai: Paul John, founder of John Distilleries, could retain a minority stake in the company after US spirits group Sazerac took control last year, with the Indian entrepreneur also likely asked to stay on in an advisory role, people familiar with the matter said. "He is open to retaining a stake of 10% to 20%, although the final holding and timeline for any further transaction had not been decided. Sazerac has indicated that it would like him to retain some ownership and help oversee the Indian operations, one source added. "At present, John Distilleries is valued at about ₹4,500 crore." Sazerac's holding in John Distilleries rose to 65.7% in the financial year ended March 2026 from 34.4% a year earlier, Paul John Fund LLC's declined to 34.3% from 65.6%, the company's audited financial statements showed. The fund, rather than John directly, holds the remaining substantial stake. Advt

Sazerac, a privately held, family-owned US spirits maker, took control of the Indian company as it expands its presence in a market where demand for premium spirits has grown. John Distilleries makes Paul John single malt whisky , among other brands.


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