Coca-Cola bottler sees nearly 10% drop in revenue; cites export halt and price competition
Bottlers Nepal Limited and its subsidiary, Bottlers Nepal (Terai), have jointly reported a total turnover of Rs. 12 arba 6 crore 70 lakh in the first nine months of the current fiscal year. Bottlers Nepal Limited alone recorded sales of Rs. 7 arba 10 crore, while its subsidiary contributed Rs. 4 arba 96 crore 70 lakh. Bottlers Nepal (Terai) is the official bottler and distributor of Coca-Cola products, including Coca-Cola, Fanta, and Sprite, throughout Nepal.
Despite steady growth in past years, the company experienced a decline in revenue in 2024. In 2022, Bottlers Nepal Limited reported a turnover of Rs. 12 arba 52 crore 40 lakh, which increased slightly to Rs. 12 arba 64 crore 10 lakh in 2023. However, the turnover dropped to Rs. 11 arba 37 crore 80 lakh in 2024, marking an approximate 10% decrease. The company attributes this downturn primarily to export disruptions and intensified price competition in the domestic market. Consequently, its market share also fell from 61% to 54% during the first nine months of the current fiscal year.
Similarly, Bottlers Nepal (Terai) recorded Rs. 9 arba 19 crore 80 lakh in turnover in 2022, which increased to Rs. 9 arba 40 crore 10 lakh in 2023 before declining to Rs. 8 arba 80 crore 30 lakh in 2024, a decrease of about 4%. Additionally, the subsidiary’s turnover fell by around 15% in the first nine months of the ongoing fiscal year. Its current market share stands at 38%.
Regarding ownership, Bottlers Nepal Limited holds 91% of Bottlers Nepal (Terai). Within Bottlers Nepal Limited, 76% of shares are held by the company itself, 22% by Gorkha Brewery Limited, and the remaining shares by the general public. Both companies have also undergone credit rating for short-term loans amounting to Rs. 7 arba 27 crore 30 lakh.
Bottlers Nepal has been operating in Nepal since 1979 in partnership with Southwest Asia Holding Limited, managing the production and distribution of Coca-Cola beverages nationwide.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
