Beverages
Valuation | |
|---|---|
| Market Cap | 2.48 kCr |
| Price/Earnings (Trailing) | 32.65 |
| Price/Sales (Trailing) | 0.68 |
| EV/EBITDA | 11.82 |
| Price/Free Cashflow | -23.1 |
| MarketCap/EBT | 24.76 |
| Enterprise Value | 2.92 kCr |
Fundamentals | |
|---|---|
| Revenue (TTM) | 3.65 kCr |
| Earnings (TTM) | 74.84 Cr |
Profitability | |
|---|---|
| Operating Margin | 3% |
| EBT Margin | 3% |
| Return on Equity | 7.27% |
| Return on Assets | 3.45% |
| Free Cashflow Yield | -4.33% |
Growth & Returns | |
|---|---|
| Price Change 1W | -7.4% |
| Price Change 1M | -7.7% |
| Price Change 6M | -22.3% |
| Price Change 1Y | -0.90% |
| 3Y Cumulative Return | 1% |
| 5Y Cumulative Return | 20.2% |
| 7Y Cumulative Return | 30.7% |
| 10Y Cumulative Return | 29.1% |
Cash Flow & Liquidity | |
|---|---|
| Cash Flow from Investing (TTM) | -207.74 Cr |
| Cash Flow from Operations (TTM) | 67.13 Cr |
| Cash Flow from Financing (TTM) | 141.6 Cr |
| Cash & Equivalents | 17.69 Cr |
| Free Cash Flow (TTM) | -141.04 Cr |
| Free Cash Flow/Share (TTM) | -48.69 |
Balance Sheet | |
|---|---|
| Total Assets | 2.17 kCr |
| Total Liabilities | 1.14 kCr |
| Shareholder Equity | 1.03 kCr |
| Current Assets | 786.82 Cr |
| Current Liabilities | 837.58 Cr |
| Net PPE | 1.01 kCr |
| Inventory | 219.41 Cr |
| Goodwill | 47.89 L |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.21 |
| Debt/Equity | 0.44 |
| Interest Coverage | 0.68 |
| Interest/Cashflow Ops | 2.29 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 2.76 |
| Dividend Yield | 0.31% |
| Shares Dilution (1Y) | 0.30% |
| Shares Dilution (3Y) | 0.60% |
Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.
Balance Sheet: Strong Balance Sheet.
Insider Trading: There's significant insider buying recently.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Momentum: Stock is suffering a negative price momentum. Stock is down -7.7% in last 30 days.
Past Returns: Underperforming stock! In past three years, the stock has provided 1% return compared to 12.2% by NIFTY 50.
Technicals: SharesGuru indicator is Bearish.
Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.
Balance Sheet: Strong Balance Sheet.
Insider Trading: There's significant insider buying recently.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Momentum: Stock is suffering a negative price momentum. Stock is down -7.7% in last 30 days.
Past Returns: Underperforming stock! In past three years, the stock has provided 1% return compared to 12.2% by NIFTY 50.
Technicals: SharesGuru indicator is Bearish.
Investor Care | |
|---|---|
| Dividend Yield | 0.31% |
| Dividend/Share (TTM) | 2.76 |
| Shares Dilution (1Y) | 0.30% |
| Earnings/Share (TTM) | 26.27 |
Financial Health | |
|---|---|
| Current Ratio | 0.94 |
| Debt/Equity | 0.44 |
Technical Indicators | |
|---|---|
| RSI (14d) | 16.64 |
| RSI (5d) | 0.00 |
| RSI (21d) | 37.14 |
| MACD Signal | Sell |
| Stochastic Oscillator Signal | Buy |
| SharesGuru Signal | Sell |
| RSI Signal | Buy |
| RSI5 Signal | Buy |
| RSI21 Signal | Hold |
| SMA 5 Signal | Sell |
| SMA 10 Signal |
Summary of Globus Spirits's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
In the management's outlook for Q3 and the nine months ending December 31, 2025, they emphasized a strategic transformation into a brand-led company with robust growth. Key forward-looking points include:
Manufacturing Efficiency: The company achieved an impressive capacity utilization of 86%, slightly above its guidance of 80% to 85%. They sold 52.25 million liters of ENA and ethanol, with a margin of INR 7.5 per liter for the quarter and INR 5.76 per liter for the nine-month period, aligning with their guidance of INR 5 to INR 7.
UP Distillery Commissioning: The capacity capitalization for their UP assets is expected to be about INR 200 crores, with the capability to produce an additional 100,000 liters of grain ENA per day. This is anticipated to drive further margin improvements in their R&O and P&A segments.
Consumer Business Growth: In Q3, the Prestige & Above (P&A) segment reported a 37% year-on-year volume growth and a 32% revenue growth (excluding Delhi). The management projects a 50% growth in the P&A segment for Q4 FY '26, as volumes in Delhi normalize after recent excise issues.
Overall Strategic Direction: Management indicated that a board resolution for a fund raise has been passed, which will enable future growth and allow for increased spending on developing their consumer business. This fundraise, set at an upper limit of INR 500 crores, aims primarily to enhance working capital and malt whiskey inventory.
Market Expectations: They expressed confidence in the profitability and expansion in UP, projecting a 50% growth in Q4 for the P&A segment and a firm stance on maintaining EBITDA margins of INR 5 to INR 7 per liter in FY '27 amid fluctuating raw material prices.
This outlook indicates robust growth potential driven by strategic investments, a strong consumer product portfolio, and operational efficiencies in manufacturing.
Understand Globus Spirits ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| Chandbagh Investments Ltd | 38.73% |
| Madhavi Swarup & Ajay Kumar Swarup (on behalf of Yamuna Family Trust) | 9.08% |
| Hsbc Mutual Fund - Hsbc Value Fund | 4.34% |
| Massachusetts Institute Of Technology | 3.8% |
| Bandhan Large & Mid Cap Fund | 1.89% |
| Globus Infosys Private Limited | 1.86% |
Detailed comparison of Globus Spirits against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| RADICO | Radico Khaitan | 34.93 kCr | 20.29 kCr | -7.80% | +25.80% | 67.54 | 1.72 | - | - |
| TI | Tilaknagar Industries | 10.6 kCr | 4.14 kCr |
Comprehensive comparison against sector averages
GLOBUSSPR metrics compared to Beverages
| Category | GLOBUSSPR | Beverages |
|---|---|---|
| PE | 32.65 | 53.73 |
| PS | 0.68 | 2.28 |
| Growth | NA % | 8.7 % |
Globus Spirits Limited manufactures and sells alcohol in India. The company offers Indian made Indian liquor and Indian made foreign liquor products. It is also involved in franchise bottling, bulk alcohol, and hand sanitizer production activities. Globus Spirits Limited exports its products. The company was founded in 1992 and is headquartered in New Delhi, India.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
| Sell |
| SMA 20 Signal | Sell |
| SMA 50 Signal | Sell |
| SMA 100 Signal | Sell |
GLOBUSSPR vs Beverages (2021 - 2026)
High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years
High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years
1. Question by Avinash Roy:
"My first question is on gross margin. Any one-offs here? For Q4, how do you expect overall gross margins?"
Answer:
Thank you, Avinash. The margin expansion is attributed to a lower cost of raw materials and our growing P&A business. This is a structural improvement. For Q4, we expect a 50% volume growth in the P&A segment, maintaining margins in the consumer business around 40%.
2. Question by Himanshu Shah:
"How much has been the correction in the raw material prices? Has the entire benefit been factored into the current quarter?"
Answer:
The raw material prices reduced 4% Q-o-Q and 15% Y-o-Y. We expect to see continued benefits in Q4, although increased prices may appear later. Overall margins for the financial year should reach around INR 6 to INR 7 per liter as we continue to stabilize.
3. Question by Nitin Awasthi:
"Is the lower utilization due to capex? Are we expecting to get back to 90%+?"
Answer:
We're gauging utilization at 80% to 85% moving forward. Our current capacity and growth projections around the UP facility align with this expectation.
4. Question by Sid:
"What is your guidance for EBITDA per liter for FY '27? What would be your underlying assumption for rice and maize prices?"
Answer:
We maintain an EBITDA guidance of INR 5 to INR 7 per liter for FY '27, assuming raw material prices stabilize at current levels.
5. Question by Dhaval Dama:
"Regarding Delhi's recovery, what were the bottom volumes, and how might this shape up moving forward?"
Answer:
We're optimistic about normalizing in Delhi by the next quarter. The turnaround has begun, contributing to our expected 50% growth in Q4, indicating a solid recovery.
6. Question by Raman K V:
"Can we clarify the incremental sale once the UP distillery commences next year?"
Answer:
We expect an additional 15 to 20 million liters per year with the new UP distillery at 90% capacity utilization, which aligns with our overall growth projections.
7. Question by Vijay Shah:
"What kind of debt-to-EBITDA levels will we be comfortable with over the next couple of years?"
Answer:
Our target remains a debt-to-EBITDA ratio of 2 or less, as we manage both long-term debt and working capital needs associated with growth in our IMFL business.
These responses encapsulate the major discussions from the Q&A session, providing details on margins, growth expectations, and strategic plans moving forward.
| Mahindra Manulife Small Cap Fund |
| 1.68% |
| Harimohan Bangur | 1.19% |
| Ram Bagh Facilities Services LLP | 0.83% |
| Shekhar Swarup | 0.16% |
| Ajay Kumar Swarup | 0.08% |
| Radhika Swarup | 0.02% |
| Madhav Kumar Swarup | 0% |
| Saroj Rani Swarup | 0% |
| Bhupendra Kumar Bishnoi | 0% |
| Roshni Bishnoi | 0% |
Distribution across major stakeholders
Distribution across major institutional holders
| +93.40% |
| 64.76 |
| 2.56 |
| - |
| - |
| GMBREW | G.M. Breweries | 2.24 kCr | 2.88 kCr | +0.40% | +62.40% | 13.69 | 0.78 | - | - |
| 86.4% |
| 42 |
| 23 |
| 1.16 |
| 2.09 |
| 21 |
| 2.3 |
| Total profit before tax | 86.4% | 42 | 23 | 1.16 | 2.09 | 21 | 2.3 |
| Current tax | 96.1% | 11 | 6.1 | -0.51 | -0.99 | 4.61 | 0.08 |
| Deferred tax | 18.1% | -0.45 | -0.77 | 1.26 | 1.79 | 1.36 | 2.15 |
| Total tax | 130.9% | 11 | 5.33 | 0.75 | 0.8 | 5.97 | 2.22 |
| Total profit (loss) for period | 70.6% | 30 | 18 | 0.41 | 1.28 | 15 | 0.08 |
| Other comp. income net of taxes | -91.6% | -0.59 | 0.17 | 0.07 | 0.07 | 0.07 | 0.31 |
| Total Comprehensive Income | 70.6% | 30 | 18 | 0.48 | 1.35 | 15 | 0.39 |
| Earnings Per Share, Basic | 90.9% | 10.85 | 6.16 | 0.14 | 0.45 | 5.31 | 0.03 |
| Earnings Per Share, Diluted | 90.3% | 10.78 | 6.14 | 0.14 | 0.45 | 5.31 | 0.02 |
| 73.1% |
| 46 |
| 27 |
| 17 |
| 11 |
| 19 |
| 24 |
| Depreciation and Amortization | 24.6% | 82 | 66 | 56 | 43 | 40 | 38 |
| Other expenses | 18.4% | 1,480 | 1,250 | 1,270 | 1,127 | 713 | 378 |
| Total Expenses | 13.8% | 3,492 | 3,069 | 2,650 | 2,069 | 1,458 | 1,183 |
| Profit Before exceptional items and Tax | -62.6% | 35 | 92 | 180 | 281 | 211 | 77 |
| Exceptional items before tax | - | 0 | 0 | 0 | 0 | -31.58 | 0 |
| Total profit before tax | -62.6% | 35 | 92 | 180 | 281 | 179 | 77 |
| Current tax | -82.3% | 4.53 | 21 | 36 | 55 | 37 | 13 |
| Deferred tax | 117.2% | 5.67 | -26.16 | 21 | 39 | 24 | 4.35 |
| Total tax | 247.8% | 10 | -5.09 | 58 | 94 | 61 | 17 |
| Total profit (loss) for period | -75% | 25 | 97 | 122 | 187 | 118 | 59 |
| Other comp. income net of taxes | 59.5% | 0.7 | 0.26 | -0.06 | 0.14 | 0.07 | -0.44 |
| Total Comprehensive Income | -74% | 26 | 97 | 122 | 187 | 118 | 59 |
| Earnings Per Share, Basic | -76.5% | 8.65 | 33.57 | 42.43 | 65.01 | 41.06 | 20.6 |
| Earnings Per Share, Diluted | -76.6% | 8.61 | 33.48 | 42.39 | 65.01 | 41.06 | 20.6 |
| - |
| 0 |
| 0 |
| 0.46 |
| 0 |
| 0 |
| 0 |
| Non-current investments | 80% | 10 | 6 | 0 | 3.77 | 0 | 0 |
| Loans, non-current | - | 0 | 0 | 0 | 0 | 0 | 0 |
| Total non-current financial assets | 24.1% | 37 | 30 | 27 | 23 | 64 | 68 |
| Total non-current assets | 7.7% | 1,392 | 1,292 | 1,206 | 1,137 | 1,127 | 1,082 |
| Total assets | 3.9% | 2,177 | 2,096 | 1,941 | 1,767 | 1,704 | 1,591 |
| Borrowings, non-current | 24.2% | 201 | 162 | 132 | 92 | 94 | 111 |
| Total non-current financial liabilities | 27.7% | 213 | 167 | 138 | 99 | 103 | 122 |
| Provisions, non-current | -6.2% | 4.03 | 4.23 | 6.89 | 6.53 | 6.21 | 4.56 |
| Total non-current liabilities | 15.6% | 304 | 263 | 233 | 191 | 223 | 239 |
| Borrowings, current | -29.8% | 251 | 357 | 274 | 226 | 245 | 164 |
| Total current financial liabilities | -1.4% | 795 | 806 | 669 | 563 | 496 | 405 |
| Provisions, current | -3.2% | 5.24 | 5.38 | 4.16 | 4.01 | 7.63 | 6.49 |
| Current tax liabilities | - | 3.15 | - | - | 0 | 2.5 | 9.64 |
| Total current liabilities | -0.2% | 837 | 839 | 728 | 603 | 557 | 465 |
| Total liabilities | 3.5% | 1,141 | 1,102 | 961 | 795 | 780 | 704 |
| Equity share capital | 0% | 29 | 29 | 29 | 29 | 29 | 29 |
| Total equity | 4.1% | 1,036 | 995 | 980 | 972 | 924 | 887 |
| Total equity and liabilities | 3.9% | 2,177 | 2,096 | 1,941 | 1,767 | 1,704 | 1,591 |
| 0 |
| 6.56 |
| 0 |
| 0 |
| - |
| - |
| Income taxes paid (refund) | -102.7% | 0 | 38 | 0 | 94 | - | - |
| Net Cashflows From Operating Activities | -61.4% | 67 | 172 | 128 | 219 | - | - |
| Cash payment for investment in partnership firm or association of persons or LLP | -136.1% | 0 | 3.77 | 0 | 0 | - | - |
| Purchase of property, plant and equipment | 18.3% | 208 | 176 | 211 | 0 | - | - |
| Cash receipts from repayment of advances and loans made to other parties | - | 0 | 0 | 0 | -217.63 | - | - |
| Interest received | 18.3% | 6.43 | 5.59 | 0 | 0 | - | - |
| Other inflows (outflows) of cash | -221.9% | -6.01 | 6.75 | 0 | 0 | - | - |
| Net Cashflows From Investing Activities | -24.2% | -207.74 | -167.06 | -210.69 | -217.63 | - | - |
| Proceeds from issuing shares | 5.1% | 0.07 | 0.02 | 0 | 0 | - | - |
| Proceeds from borrowings | 103.2% | 255 | 126 | 85 | 0 | - | - |
| Repayments of borrowings | -36.1% | 54 | 84 | 0 | 24 | - | - |
| Payments of lease liabilities | 31.2% | 5.41 | 4.36 | 0 | 0 | - | - |
| Dividends paid | -43.8% | 10 | 17 | 0 | 0 | - | - |
| Interest paid | 65.4% | 44 | 27 | 0 | 0 | - | - |
| Net Cashflows from Financing Activities | 2155.4% | 142 | -5.86 | 85 | -23.7 | - | - |
| Net change in cash and cash eq. | 97.7% | 0.95 | -1.15 | 2.37 | -22.54 | - | - |