Royal Stag is one of the most popular whiskey brands in India, known for its affordable pricing and smooth taste. In this article, we will look at the latest Royal Stag whiskey prices in Jharkhand as of 2023.
Overview of Royal Stag Whiskey
Some key facts about Royal Stag whiskey:
- Made from grain spirits and imported Scotch malts to provide a rich, smooth blend.
- Aged for over 36 months in oak barrels to develop a distinctive flavor.
- Available in several variants like Deluxe, Barrel Select, Mega Premium, etc.
- Royal Stag Deluxe is the standard variant and best-selling expression.
- Known for its affordable pricing, making it very popular among the youth and first-time drinkers.
- Endorsed by leading Bollywood celebrities over the years like Shah Rukh Khan.
- Manufactured at Pernod Ricard’s Royal Challengers facility in Nashik, Maharashtra.
Royal Stag Prices in Jharkhand
Here are the latest Royal Stag whiskey prices in Jharkhand state as of September 2023:
Royal Stag Deluxe Prices
Royal Stag Deluxe is the standard and most affordable variant. Below are the prevalent Royal Stag Deluxe whiskey prices in Jharkhand:
|Royal Stag Deluxe
|Royal Stag Deluxe
|Royal Stag Deluxe
- 180 ml bottle is ideal for casual drinking and costs ₹220
- 375 ml bottle is suitable for small gatherings and costs ₹440
- 750 ml bottle is apt for parties and regular consumption priced at ₹870
Other Royal Stag Variants
In addition to the regular Royal Stag Deluxe, other premium variants are also available in Jharkhand at slightly higher price points:
|Royal Stag Barrel Select
|Royal Stag Mega Premium
|Royal Stag Black Gold
- Royal Stag Barrel Select is aged for longer in oak barrels for extra smoothness priced at ₹1,200
- Royal Stag Mega Premium offers an even richer blend and taste at ₹1,400
- Royal Stag Black Gold is a premium limited edition priced at ₹2,500
State Excise Duty on Liquor in Jharkhand
In Jharkhand, alcoholic beverages like whiskey, rum, beer, wine, etc. attract a state excise duty levied by the government, which impacts the retail prices for customers.
Here are the applicable state excise duties on liquor in Jharkhand as of 2023:
- Imported Foreign Liquor (Whiskey, Vodka, Gin etc) – 150%
- Indian Made Foreign Liquor (Rum, Gin, Vodka) – 75%
- Beer – 50%
- Wine – 50%
This excise duty percentage is charged on the ex-distillery price set by the manufacturer. It is one of the major components that make up the final MRP printed on liquor bottles in Jharkhand.
Factors Affecting Royal Stag Price in Jharkhand
The retail price of Royal Stag whiskey in Jharkhand is dependent on several factors:
State Excise Duty – The excise duty levied by the Jharkhand government has a major impact on liquor prices. Any changes in taxation directly affect the retail price.
Imported Raw Materials – Royal Stag contains some imported Scotch malts. Fluctuations in import costs and foreign exchange rates influence prices.
Supply Chain – Transportation, logistics, warehouse storage, etc. form a part of the supply chain. Any increase in these costs adds to the final price.
Supplier Margins – The manufacturer sells to distributors who supply to retail shops. The margins taken by suppliers at various points ultimately drive up the MRP.
Retailer Margins – Retailers who sell to customers also add their own profit margins, that cover their overheads before setting the shop prices.
Location – Prices in major cities like Ranchi, Jamshedpur, or Dhanbad may be slightly higher compared to rural areas due to higher real estate costs.
How to Buy at Lowest Price?
Here are some tips to buy Royal Stag whiskey at the best price in Jharkhand:
- Buy larger bottles such as 180 ml or 750 ml for better value rather than smaller 60 ml bottles.
- Look for discounts or sales, especially during festive seasons or state excise policy changes.
- Opt for less premium variants like Royal Stag Deluxe instead of more expensive ones like Black Gold.
- Purchase from liquor stores located on the outskirts rather than expensive downtown locations.
- Online apps like Living Liquidz offer attractive discounts and cashback that lower effective prices.
- Avoid airports, hotels or pubs as they charge much higher. Buy from regular offline shops.
Price Trends in the Last 5 Years
Royal Stag whiskey prices in Jharkhand have gradually increased over the past 5 years in line with inflation and the rise in input costs.
Here are the price trends for a 750 ml bottle of Royal Stag Deluxe in Jharkhand from 2018 to 2023:
- 2018 – ₹725
- 2019 – ₹790
- 2020 – ₹835
- 2021 – ₹875
- 2022 – ₹895
- 2023 – ₹870
The prices remain similar or see minor fluctuations from year to year depending on factors like state excise duty rate, supply conditions etc. But overall there has been around 20% increase in prices over the 5 year period.
Difference from Other States
The retail price of Royal Stag in Jharkhand can vary compared to other states in India due to differences in state excise duty levied across states.
For instance, a 750 ml bottle of Royal Stag Deluxe costs:
- Jharkhand – ₹870
- West Bengal – ₹950
- Bihar – ₹980
- Maharashtra – ₹890
So the price in Jharkhand is on the lower side compared to neighboring states like West Bengal and Bihar where excise duty rates are higher. But it is broadly similar to a state like Maharashtra with similar excise duty.
Price Outlook for 2023
As of 2023, the prices of Royal Stag whiskey in Jharkhand are expected to remain stable without any major fluctuations throughout the year.
- No changes are currently proposed in the Jharkhand state excise duty rates on liquor for 2023-24.
- Input costs and supply chain costs may see some inflationary pressures due to rising fuel prices.
- However, rising competition from newer brands may help keep prices in check for established brands like Royal Stag.
- Festive pricing deals during Diwali, New Year or other occasions may lead to temporary discounts at retail stores.
So consumers in Jharkhand can expect the current Royal Stag whiskey prices to hold steady largely in 2023, barring some marginal price corrections driven by market dynamics.
Royal Stag continues its iconic journey in the Indian whiskey market that began in 1995. It offers an appealing blend of affordable pricing and smooth taste that has won over consumers across the country.
In Jharkhand too, Royal Stag is among the top-selling whiskey brands. The Royal Stag Deluxe variant sees maximum traction given its economical rates. 750ml bottles are most commonly purchased by buyers in the state.
With no major hikes forecasted, 2023 looks to be a good year for whiskey lovers in Jharkhand to enjoy their favorite Royal Stag without burning a hole in their pockets!
Rates of Other Whisky Brands In Jharkhand