1. Globus Spirits
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100% Buy

Globus Spirits Share Price

GLOBUSSPR

₹769.05+₹7.90 (1.04%) Past YearLast updated on 19 Apr, 2024 | 03:41 PM IST
₹736.05₹772.65
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Company overview

About

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Market cap

Market Cap Switch₹2,198 Cr

Open

₹736.05

Close

₹761.15

Circuit range

₹913.35 - ₹608.95

Day range

₹736.05 - ₹772.65

Year range

₹661.30 - ₹1,327.70

Volume

1,25,347

Avg. traded

₹758.83

Revenue (12m)

₹3,064 Cr

Globus Spirits

Globus Spirits Limited is a leading distilleries company in India. Formerly known as Globus Agronics Limited, it was incorporated in 1993.

The company is primarily engaged in manufacturing and marketing of industrial alcohol, country liquor and Indian-made foreign liquor (IMFL). It also manufactures ethanol, extra neutral alcohol, rectified spirit and denatured spirit.

The market capitalisation of Globus Spirits Limited stood at over ₹2,500 crore as of January 5, 2024. Globus Spirits share price has surged over 177% in the last three years.

Globus Spirits Limited Business Operations

Globus Spirits Limited’s product lineup includes beverages such as White Lace Gin, White Lace Dry Gin, White Lace Duet Gin, GR 8 Times Dry Gin, Samurai Gold Extra Rich Blend Whisky, Samurai Premium Whisky, 20-20 Premium Whisky, Hannibal Legendary Rum, Hannibal Legendary XXX Rum, Samurai Superior Grape Brandy and Academy Deluxe Brandy.

The company's operations extend to the production and supply of Extra Neutral Alcohol (ENA) to IMFL, pharmaceuticals and perfumeries. It also manufactures rectified spirits used in making branded country liquor and for conversion into ENA.

The company primarily has two business segments- manufacturing and retail supply. In the consumer brands segment, the company’s product categories include value liquor, premium liquor and craft spirits. In the manufacturing segment for distillery products, the company produces grain-neutral alcohol, bioethanol, specially denatured spirits, technical alcohol and fusel alcohol.

The company’s consumer business revenue primarily comes from the Value and Value Plus (IMIL) segments and the Premium Segment (IMFL). Within its Premium Liquor segment, the company has a strong presence in Puducherry, Karnataka, Telangana, Andhra Pradesh, West Bengal, Chhattisgarh, Odisha, Maharashtra and Goa. Recently, it expanded into Haryana, Uttar Pradesh and Delhi as well.

The manufacturing business includes three key components: bulk alcohol manufacturing, franchisee IMFL (third-party bottling) and by-products. The bulk alcohol division serves as the foundation of the company's business model, focusing on two core products: Extra Neutral Alcohol and Ethanol.

The company has an impressive product portfolio comprising 23 distinct brands. With plants situated in Rajasthan, Haryana, West Bengal and Jharkhand, its combined production capacity exceeds 287 million bulk litres. The company's bottling capacity surpasses 24.2 million cases annually.

The company produced around 257 million litres (or approximately 765 KLPD) of beverages while maintaining a zero-discharge system during the financial year 2022-23. This was equivalent to about 3 million cases of bottled beverages through end-to-end production. Operating capacity utilisation reached roughly 90% in FY23.

Globus Spirits operates round the clock for over 340 days a year, enabling a 16.3% Compounded Annual Growth Rate (CAGR) in bulk alcohol production volume. Its operations extend beyond just alcohol with the production of 40,000 tonnes of animal feed supplement.

Financial highlights

The company’s revenue from operations for FY23 stood at ₹2,822.46 crore, up 20% from ₹2,343.83 crore in FY22. The profit after tax (PAT) for FY23 stood at ₹122.19 crore compared to ₹187.25 crore during the previous financial year. In FY23, the earnings before interest, tax, depreciation and amortisation (EBITDA) decreased to ₹253 crore from the previous financial year's ₹335 crore. The company's earnings per share (EPS) stood at ₹42.43 in FY23 compared to ₹65.01 in the previous financial year.

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Globus Spirits Key indicators

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52 week high

₹1,327.70

52 week low

₹661.30

P/E ratio

16.66

P/B ratio

ROE

14.74%

ROCE

18.7%

Dividend yield

0.79%

Debt/Equity ratio

0.31

EPS

42.43

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Investment checklist: (3/6)

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Safety factor

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Growth factor

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Debt vs Equity

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Profit factor

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Analyst ratings:

Buy

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Buy

100%

Hold

0%

Sell

0%

This analysis is based on the reviews of 1 experts in the last 7 days

Fundamentals

Financial ratios

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  • Profitability

  • Operational

  • Valuation

Operating profit margin

8.98%

Net profit margin

4.33%

ROE

14.74%

ROA

8.41%

ROCE

18.7%

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Globus Spirits Shareholder returns

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1 day

-0.76%

1 week

-4.34%

1 month

+5.09%

3 months

-7.23%

1 year

-13.46%

3 years

+141.37%

5 years

+436.97%

Revenue statement

All values are in ₹ Crores (Cr)
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Empty state

No data available at the moment

Cash flow

All values are in ₹ Crores (Cr)
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Empty state

No data available at the moment

Balance sheet

All values are in ₹ Crores (Cr)
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Empty state

No data available at the moment

Globus Spirits Share Price history

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DayOpenCloseDay’s change
Thu, Apr 18 2024
₹769.00
₹761.15
-1.03%
Tue, Apr 16 2024
₹762.25
₹766.95
+0.61%
Mon, Apr 15 2024
₹770.00
₹773.45
+0.45%
Fri, Apr 12 2024
₹798.95
₹795.80
-0.40%
Wed, Apr 10 2024
₹798.90
₹798.95
+0.01%
Tue, Apr 9 2024
₹810.00
₹795.70
-1.80%
Mon, Apr 8 2024
₹814.00
₹807.00
-0.87%
Fri, Apr 5 2024
₹784.00
₹805.95
+2.72%

Shareholding info

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Promoters (50.98%)

Mutual Funds (0.19%)

Retail and other (42.73%)

Foreign institutions-FII (4.65%)

Other domestic institutions (1.45%)

Promoters

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Events

Corporate actions

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  • Dividend • ₹6/share

    Ex date 14 Jul 2023

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  • Dividend • ₹3/share

    Ex date 15 Sep 2022

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Frequently asked questions