Emperador Inc. EMI

SGD 0.31 +0.00% +0.00 Updated 23 Oct 2026, 17:16 SGT

Company profile

The business, the people and the ownership behind Emperador Inc..

Business overview

About the company

Emperador manufactures, bottles and distributes distilled spirits and other alcoholic beverages. Its integrated international operations are carried out through subsidiaries in the Philippines, the United Kingdom, Spain and Mexico.

Annual Report 2025 ↗ Reviewed 2026-10-23 · Source dated 2026-05-15. PDF p. 5

Listed security

Company & listing

Full Company Name: EMPERADOR INC.
Trading Currency: SGD
Website: www.emperadorinc.com
Listing: Listed on 14 July 2022 on MAINBOARD
ISIN Code: PHY2290T1044

Board & management

Leadership

Andrew L. Tan

Non-exec/ Chairman; Chairman Emeritus

Board of Directors PDF p. 90

Winston S. Co

Executive Director; Executive / Chairman

Board of Directors PDF p. 90

Glenn D. Manlapaz

Executive Director

Board of Directors PDF p. 90

President and Chief Executive Officer

Executive officers PDF p. 91

Kendrick Andrew L. Tan

Executive Director

Board of Directors PDF p. 90

Kevin Andrew L. Tan

Non-Exec Director

Board of Directors PDF p. 90

Jesli A. Lapus

Independent Director

Board of Directors PDF p. 90

Ho Poh Wah

Independent Director

Board of Directors PDF p. 90

Jose Rene Gregory D. Almendras

Independent Director

Board of Directors PDF p. 91

Roles listed in SEC Form 17-A Annual Report – Emperador Inc.; current appointments are not independently verified.

Holdings

Ownership

As reported at 2026-03-31 · PDF p. 73

Registered & depository holders 18 holders

Registered holdings, including nominees and depositories; these do not establish ultimate beneficial ownership. As reported at 2026-03-31 · PDF p. 73

Registered holder	Interest	Source
PCD Nominee Corporation (Non-Filipino)	1,777,455,065; 11.29	PDF p. 732026-03-31
The Andresons Group, Incorporated	10,000,000; 0.06	PDF p. 732026-03-31
John T. Lao	60,000; -nil-	PDF p. 732026-03-31
Eric U. Lim	40,000; -nil-	PDF p. 732026-03-31
Marjorie Anne Lim Lee	30,000; -nil-	PDF p. 732026-03-31
Edwin U. Lim	30,000; -nil-	PDF p. 732026-03-31
Dondi Ron R. Limgenco	1,111; -nil-	PDF p. 732026-03-31
Stephen G. Soliven	1,000; -nil-	PDF p. 732026-03-31
Demetrio D. Mateo	500; -nil-	PDF p. 732026-03-31
Bartholomew Dybuncio Young	200; -nil-	PDF p. 732026-03-31
Christine F. Herrera	100; -nil-	PDF p. 732026-03-31
Francis J. Ricamora	100; -nil-	PDF p. 732026-03-31
Julius Victor Emmanuel D. Sanvictores	100; -nil-	PDF p. 732026-03-31
Joseph A. Sy &/or Evangeline T. Sy	100; -nil-	PDF p. 732026-03-31
Jesus San Luis Valencia	100; -nil-	PDF p. 732026-03-31
Owen Nathaniel S. Au ITF: Li Marcus Au	50; -nil-	PDF p. 732026-03-31
Joselito T. Bautista	9; -nil-	PDF p. 732026-03-31
Jose Rene Gregory D. Almendras	1; -nil-	PDF p. 732026-03-31

Group structure

Subsidiaries and joint ventures

Company	Market	Ownership interest
Emperador Distillers, Inc. (“EDI”)EDI Group, effective ownership 2025 (comparative 2024: 100%)PDF p. 121	100%
Anglo Watsons Glass, Inc. (“AWGI”)EDI Group, effective ownership 2025 (comparative 2024: 100%)PDF p. 121	100%
Alcazar De Bana Holdings Company, Inc. (“Alcazar De Bana”)EDI Group, effective ownership 2025 (comparative 2024: 100%)PDF p. 121	100%
Progreen Agricorp Inc. (“Progreen”)EDI Group, effective ownership 2025 (comparative 2024: 100%)PDF p. 121	100%
Ocean One Transport, Inc. (“OOTI”)EDI Group, effective ownership 2025 (comparative 2024: 100%)PDF p. 121	100%
South Point Science Park Inc. (“SSPI”)EDI Group, effective ownership 2025 (comparative 2024: 100%)PDF p. 121	100%
The Bar Beverage, Inc.EDI Group, effective ownership 2025 (comparative 2024: 100%)PDF p. 121	100%
Tradewind Estates, Inc. (“TEI”)EDI Group, effective ownership 2025 (comparative 2024: 100%)PDF p. 121	100%
Boozylife Inc. (“Boozylife”)EDI Group, effective ownership 2025 (comparative 2024: 87%)PDF p. 121	87%
Cocos Vodka Distillers Philippines, Inc.EDI Group, effective ownership 2025 (comparative 2024: 100%)PDF p. 121	100%
Zabana Rum Company, Inc.EDI Group, effective ownership 2025 (comparative 2024: 100%)PDF p. 121	100%
The World Finest Liquor Inc. (“World Finest”)EDI Group, effective ownership 2025 (comparative 2024: 100%)PDF p. 121	100%
Emperador International Ltd. (“EIL”)EIL and offshore subsidiaries and joint venture, effective ownership 2025 (comparative 2024: 100%)PDF p. 122	100%
Emperador Holdings (GB) Limited (“EGB”)EIL and offshore subsidiaries, effective ownership 2025 (comparative 2024: 100%)PDF p. 122	100%
Emperador UK Limited (“EUK”)EIL and offshore subsidiaries, effective ownership 2025 (comparative 2024: 100%)PDF p. 122	100%
Whyte and Mackay Group Limited (“WMG”)EIL and offshore subsidiaries, effective ownership 2025 (comparative 2024: 100%)PDF p. 122	100%
Whyte and Mackay Global Limited (“WMGL”)EIL and offshore subsidiaries, effective ownership 2025 (comparative 2024: 100%)PDF p. 122	100%
Whyte and Mackay Limited (“WML”)EIL and offshore subsidiaries, effective ownership 2025 (comparative 2024: 100%)PDF p. 122	100%
Whyte and Mackay Warehousing Limited (“WMWL”)EIL and offshore subsidiaries, effective ownership 2025 (comparative 2024: 100%)PDF p. 122	100%
Emperador Asia Pte. Ltd. (“EA”)EIL and offshore subsidiaries, effective ownership 2025 (comparative 2024: 100%)PDF p. 122	100%
Grupo Emperador Spain, S.A. (“GES”)EIL and offshore subsidiaries, effective ownership 2025 (comparative 2024: 100%)PDF p. 122	100%
Bodega San Bruno, S.L. (“BSB”)EIL and offshore subsidiaries, effective ownership 2025 (comparative 2024: 100%)PDF p. 122	100%
Bodegas Fundador, S.L.U. (“BFS”)EIL and offshore subsidiaries, effective ownership 2025 (comparative 2024: 100%)PDF p. 122	100%
Grupo Emperador Gestion S.L. (“GEG”)EIL and offshore subsidiaries, effective ownership 2025 (comparative 2024: 100%)PDF p. 122	100%
Stillman Spirits, S.L. (“Stillman”)EIL and offshore subsidiaries, effective ownership 2025 (comparative 2024: 100%)PDF p. 122	100%
Domecq Bodega Las Copas, S.L. (“DBLC”)EIL and offshore subsidiaries and joint venture, effective ownership 2025 (comparative 2024: 50%)PDF p. 122	50%
Bodegas Las Copas, S.L. (“BLC”)EIL and offshore subsidiaries and joint venture, effective ownership 2025 (comparative 2024: 50%)PDF p. 122	50%
Emperador Europe Sarl (“EES”)EIL and offshore subsidiaries, effective ownership 2025 (comparative 2024: 100%)PDF p. 122	100%

Ownership interests and geographic information follow the annual report. Comparative years and footnote markers retain the report’s notation.

Senior executives

Key management

Item	Value	Period / scope	Source
Glenn D. Manlapaz	President and Chief Executive Officer	Executive officers as of report date	PDF p. 91
Katherine L. Tan	Treasurer	Executive officers as of report date	PDF p. 91
Kendrick Andrew L. Tan	Executive Director	Executive officers as of report date	PDF p. 91
Dina D.R. Inting	Chief Financial Officer; Compliance Officer; Corporate Information Officer	Executive officers as of report date	PDF p. 91
Anna Michelle T. Llovido	Corporate Secretary	Executive officers as of report date	PDF p. 91
Mary Grace P. Maralit	Chief Audit Officer; Chief Risk Officer	Executive officers as of report date	PDF p. 91
Kenneth V. Nerecina	Investor Relations Officer	Executive officers as of report date	PDF p. 91

Extracted from SEC Form 17-A Annual Report – Emperador Inc. and checked against the cited pages; see the original report for full context.

Shareholding statistics

Share capital & shareholders

Share capital

Item	Value	Period / scope	Source
Issued	16,242,391,176 shares	Common shares, P1 par value, 2025	PDF p. 180
Issued and outstanding	15,673,191,338 shares	Common shares, 2025	PDF p. 180

Treasury shares

Item	Value	Period / scope	Source
Balance at end of the year	(569,199,838) shares	Treasury shares, 2025 shares column	PDF p. 180
treasury shares	20,354,500 treasury shares	Footnote 2 to Top 20 shareholders table, as of March 31, 2026 · As at 2026-03-31	PDF p. 73

Shareholding distribution

Item	Value	Period / scope	Source
holders in 2025 and 2024	135 holders	As of December 31, 2025, including nominee accounts (2024: 131)	PDF p. 181
shareholders of record and 102 nominees	29 shareholders of record and 102 nominees holding 15,746,471,238 common shares	As of March 31, 2026 · As at 2026-03-31	PDF p. 73

Free float

Item	Value	Period / scope	Source
percentage shares of stock owned by the public	20.46%	As of December 31, 2025 (2024: 20.10%)	PDF p. 181

Extracted from SEC Form 17-A Annual Report – Emperador Inc. and checked against the cited pages; see the original report for full context.

Related parties, people & properties

Other disclosures

Employees

Item	Value	Period / scope	Source
TOTAL	3,100 employees	Group full-time employees as of December 31, 2025 · As at 2025-12-31	PDF p. 65

Related party transactions

Item	Value	Period / scope	Source
Dividends	2,376,512,514 PHP	Ultimate Parent Company, amount of transaction 2025 (2024: 3,001,910,544; 2023: 3,627,308,574)	PDF p. 176
Rentals paid	27,825,000 PHP	Ultimate Parent Company, lease of properties, amount of transaction 2025 (2024: 27,825,000; 2023: 26,500,000)	PDF p. 176
Purchase of raw materials and services	728,197,165 PHP	Related Parties Under Common Ownership, amount of transaction 2025 (2024: 1,066,682,699; 2023: 1,059,246,855)	PDF p. 176
Purchase of finished goods	387,670,587 PHP	Related Parties Under Common Ownership, amount of transaction 2025 (2024: 528,991,408; 2023: 501,709,679)	PDF p. 176
Sale of goods	145,419,210 PHP	Related Parties Under Common Ownership, amount of transaction 2025 (2024: 121,293,414; 2023: 120,700,996)	PDF p. 176
Management services earned	34,334,511 PHP	Related Parties Under Common Ownership, amount of transaction 2025 (2024: 33,639,250; 2023: 32,654,283)	PDF p. 176
Advances granted (collected)	5,598,071 PHP	Officers and Employees, amount of transaction 2025 (2024: (326,667,438); 2023: (323,102,705))	PDF p. 176
Compensation	301,154,924 PHP	Key Management Personnel, amount of transaction 2025 (2024: 268,387,925; 2023: 293,226,301)	PDF p. 176

Contingent liabilities

Item	Value	Period / scope	Source
26. COMMITMENTS AND CONTINGENCIES	Management is of the opinion that losses, if any, from these commitments and contingencies will not have material effects on the Group’s consolidated financial statements.	Group	PDF p. 185

Director remuneration

Item	Value	Period / scope	Source
Total – Directors’ Per Diem	3,300 P '000	Directors' per diem 2025 (2024: 3,600; 2023: 3,495; 2022: 795; 2026 estimate: 3,300)	PDF p. 101
Total – President/CEO and four most highly compensated executive officer	39,008 P '000	CEO and four most highly compensated executive officers, salary, 2025 (2024: 37,460; 2026 estimate: 40,763)	PDF p. 100

Properties

Item	Value	Period / scope	Source
EDI production facilities	EDI produces its alcoholic beverage products at two facilities in the vicinity of Laguna, Philippines.	EDI	PDF p. 70
EDI head office	EDI’s head office is in Quezon City, Philippines and under a long-term lease arrangement with MREIT Inc., expiring on May 31, 2034.	EDI	PDF p. 70
Whyte and Mackay distilleries	Dalmore distillery built on a freehold 15-hectare site	Whyte and Mackay, Scotland	PDF p. 71
Whyte and Mackay corporate headquarters	319 St Vincent St, Glasgow and is occupied under a 15-year lease	Whyte and Mackay, Scotland	PDF p. 71
Bodegas Fundador vineyards	Bodegas Fundador owns the vineyards ‘El Majuelo’ and ‘Santa Bárbara’ in Jerez de la Frontera that have a surface area of 268 hectares and approximately 875 000 vines.	Bodegas Fundador, Spain	PDF p. 71

Subsequent events

Item	Value	Period / scope	Source
OTHER MATTERS	There were no other known material events subsequent to the end of the year that would have a material impact in the current year being reported.	Group	PDF p. 89

Outlook

Item	Value	Period / scope	Source
PROSPECTS FOR THE FUTURE	The Group’s renowned brandy and whisky products sold all over the world are the catalyst for	Management, Prospects for the Future	PDF p. 88

Extracted from SEC Form 17-A Annual Report – Emperador Inc. and checked against the cited pages; see the original report for full context.

Source: SEC Form 17-A Annual Report – Emperador Inc. ↗

Corporate information

Registration & contacts

Incorporated In: PHILIPPINES
Incorporated On: 26 Nov 2001
Email: [email protected]
Telephone: 63 2 87091111, 63 2 87092222
Fax: 63 87092001
Registered Office: 7/F, 1880 Eastwood Avenue
Eastwood City CyberPark
188 E. Rodriguez Jr. Avenue
Bagumbayan, Quezon City 1110 Metro Manila, Philippines
Secretary: Anna Michelle T. Llovido
Registrar / Transfer Agent: BANCO DE ORO UNIBANK, INC. - TRUST BANKING GROUP \
BOARDROOM CORPORATE & ADVISORY SERVICES PTE. LTD.
Registrar Address: Eastwood City – IBM Plaza Branch, Ground Floor, IBM Plaza, Eastwood City, E. Rodriguez Jr. Ave., Bagumbayan, Quezon City, Metro Manila, Philippines/1 Harbourfront Avenue, Keppel Bay Tower, #14-07, Singapore 098632
Auditors: PUNONGBAYAN & ARAULLO
Other Stock Exchange Listings: PHILIPPINE STOCK EXCHANGE, INC.|*SINGAPORE EXCHANGE LTD.
Country: PHILIPPINES
Security Type: stocks