Analysis of Financial Performance of Different Brands of Nisarga Winery-A Case Study

The government of Karnataka has announced wine policy, as result of which many wine yards were established. Nisarga winery in Vijaypur district was one such unit. The specific objective of the study is to estimate the financial performance of the unit. The primary data for the year 2017- 18 was collected from the general manager of the unit. The financial ratio analysis, descriptive statistics were used for the study. There are 7 different brands in total, viz., Nisarga (Red and White wine), Samurai (Red and White wine) and Viraat (2 Red and 1 White Wine). There is a production of both red and white wine. The per liter production cost is more or less same for different brands. It is highest for Viraat under white wine i.e., Rs. 186.87 followed by Samurai under red wine i.e. Rs. 186.57. The Nisarga wine brands are in profit range. They have adequate capacity to recover their initial investment. In this study benefit cost ratio was noticed highest under red wine that is for every one rupee investment you get Rs. 2.34 (1:2.34) for Viraat B followed by 2.25 (1:2.25) for Viraat A. Comparatively it is less for white wine where it is least for Samurai that is Rs.1.36 followed by Nisarga that is Rs.1.49 (1:1.49).