Kizlyar Brandy Factory

Kizlyar Brandy Factory is a Russian producer of spirits located in the Dagestan city of Kizlyar. By 2023, it is one of the five largest Russian brandy producers. The plant produces products under the brands "Peter the Great," "Five Stars," "Three Stars," "My Dagestan," "Kizlyarsky Holiday," "Russia," "Bagration," "Dagestan," "Kizlyar," "Lezginka," "Emperor All-Russian" and "Saradzhev."

Performance indicators

2023: Revenue growth by 27.2% to RUB 5.03 bln

At the end of 2023, the Kizlyar Brandy Plant (KKZ) raised 5.03 billion rubles, which is 27.2% more than a year earlier. Net profit during this time increased by 35.7% and reached 770.7 million rubles. Such data on RAS were published in early April 2024.

According to Interfax, citing KKZ reports, both revenue and net profit in 2023 were record for the enterprise. The previous maximum in net profit dated 2016 - then the figure was 652.2 million rubles. And the largest revenue was previously registered in 2022 (3.96 billion rubles).

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In 2023, the cost of KKZ sales increased by 30.4% compared to the volume of one year ago, to 3.96 billion rubles. Gross profit at the end of 2023 rose by 16.6%, to 1.07 billion rubles. Profit from sales amounted to 610.04 million rubles (increased by 11% compared to 2022), profit before tax - 991.779 million rubles (an increase of 35.6%).

Payables of the Kizlyar Cognac Plant for 2023 reached 2.49 billion rubles against 1.72 billion rubles in 2022. Accounts receivable in 2022 amounted to 1.41 billion rubles, and a year later - 1.97 billion rubles.

Kizlyar Brandy Plant in 2023 produced 1.032 million decaliters (dal) of alcoholic beverages, which is 16% more than a year earlier. Cognac sales grew by 19%, to 1.048 million decaliters.^[1]

Notes