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Rwanda Stock Exchange

Last update 30 Sep 2025

Bralirwa Plc · BLR.RW

Rwanda · Consumer Non-Cyclicals · Brewers · —

Price history

Bralirwa Plc is one of Rwanda's largest beverage companies and a long-established issuer on the Rwanda Stock Exchange. The company brews, markets, sells, and distributes beer and non-alcoholic beverages for the Rwandan consumer market. Its beer portfolio includes local and international brands, while its soft-drink activity is supported by a long-standing licensing relationship with The Coca-Cola Company. Bralirwa is part of the HEINEKEN group, giving it access to global brewing know-how, brand standards, quality systems, procurement practices, and commercial capabilities, while remaining focused on domestic production and distribution in Rwanda. The business is driven by consumer demand, disposable income, route-to-market execution, brand investment, input costs, excise taxes, packaging costs, and production efficiency. For investors, Bralirwa provides exposure to Rwanda's formal beverage market, consumer staples spending, urban and regional distribution growth, and the operating discipline of a listed brewer with strategic multinational backing.

Fundamentals

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Metric  (RWF, B) 2024 2023 2022 2021 2020
Revenue Total Revenue 215
EBITDA 72
EBIT 59
Net income Net Income 28
Operating margin 27%
Net margin 13%