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Manpasand Beverages Ltd.

Agile Capabilities for Sustained


Growth

Prepared By:
Sudhir Pawar (PGP10056)
About Manpasand:
Built by
Dhirendra Singh
with a portfolio
of “healthy” Recently, it had
non-carbonated It had a turnover diversified into
substitutes to of about INR 700 other packaged
cola based crores1 in March fruit-based
drinks 2017 drinks

Manpasand was A large part of It was the fourth


established in its sales came largest packaged
Vadodara in the from its flagship mango juice
mid-nineties and 20 year old based drink
primarily sold brand named manufacturer in
ready-to-sip Mango Sip India
packaged mango
juice
• Using capacity of leased Indore bottling plant and selling primarily in Varanasi market
EARLY GROWTH PERIOD (1999 – • Most efforts were in “winning new friends” and educating people about Mango Sip
2011) • Demand was never a issue, only problem was to find faithful partners

• First external fund infusion happened through a private equity firm, SAIF5Partners
INFUSION OF EXTERNAL FUNDING • They put in INR 45-50 crores into the venture, all of which went into increasing supply
FOR GROWTH (2011 – 2015) capacity
• The real growth of business started post this fund infusion

• This was the market for Mango Sip over 20 years ago
• It fetched about INR 200 crore of business across eastern UP and Bihar, parts of West
VARANASI OPERATIONS Bengal and Assam, with extensions into Nepal and further expansion in Bangladesh
• It was the pioneer and remained a very crucial market for Manpasand for a long time
Expanding Business:
EXPANDING EXPANDING MOVING TO
VARANASI BRAND
PRODUCT BOTTLING CENTRE
OPERATIONS VISIBILITY
PORTFOLIO CAPACITY STAGE

Challenges:
COMPETITION

INDUCTING SENIOR
MANAGEMENT

INFORMAL HOME
GROWN MANAGEMENT
STYLE
Conclusion:
Abhishek was very satisfied with the performance of Manpasand
Beverages during the year ending 2016-17

Sales turnover had been growing at a rapid rate

The product portfolio had expanded with new introductions that were
getting good reviews

The investment market had responded positively to the company's


demand for capitalisation and the future appeared good

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