Alcoholic Beverage Stocks Set for Strong Performance During Year-End Celebrations

Seasonal Demand and Regulatory Stability Drive Growth

The alcoholic beverage sector is expected to experience robust growth during the 2025/2026 year-end celebrations, driven by a seasonal surge in demand and regulatory stability. Analyst Abida Massi Armand from BRI Danareksa Sekuritas notes that macroeconomic indicators show strengthening in both the Real Sales Index (IPR) and Consumer Confidence Index (IKK), with the latter projected to grow by 5.9% in November 2025. This growth in consumer confidence is likely to translate into increased discretionary spending, particularly on alcoholic beverages during the festive season.

Key Stocks to Watch: MLBI and DLTA

Two stocks are particularly well-positioned to benefit from this trend: PT Multi Bintang Indonesia Tbk (MLBI) and PT Delta Djakarta Tbk (DLTA). Both companies are highlighted for their market dominance, strong distribution networks, and potential for operating leverage from the expected increase in demand. The stability of excise duty regulations for alcoholic beverages in 2026, as guaranteed by the Customs and Excise Authority, provides operational cost certainty, allowing these issuers to maintain solid profit margins amidst rising sales volumes during the year-end celebrations.

Market Outlook

The combination of seasonal demand, regulatory stability, and strong market positions of MLBI and DLTA creates a favorable outlook for the alcoholic beverage sector. Investors are advised to monitor these stocks as they are likely to capitalize on the year-end spending surge.