Globus Spirits Limited, established in 1992, is primarily engaged in the business of manufacture and sale of Indian Made Indian Liquor (IMIL), Indian Made Foreign Liquor (IMFL), Bulk Alcohol, hand sanitizer, and Franchise Bottling. The company was formerly incorporated on February 16, 1993, as Globus Agronics Ltd, and its name was changed to Globus Spirits Ltd with effect from January 23, 2007. The Company is one of the leading players in the Alcohol industry in North India.
It has a unique 360⁰ model straddling across the entire alcohol value chain. It was the first to set up a grain distillery and launch branded DDGS in India. The company has positioned itself as a significant player in the Indian alcohol industry, leveraging its integrated business model to capture value across different segments of the market.
Globus Spirits currently has a Market Cap of ₹2,920 Crore (up 19.0% in 1 year) as of recent data. The company demonstrates strong financial metrics with Revenue of ₹2,537 Crore and Profit of ₹21.9 Crore.
The company's financial performance shows significant improvement in recent quarters. Globus Spirits Ltd's net profit jumped 2034.62% since the last year's same period to ₹5.55 Crore in Q4 FY2024-25. On a quarterly growth basis, Globus Spirits Ltd has generated a 909.09% jump in its net profits since the last 3 months.
• Market Capitalization: ₹2,920 Crore (as of recent data)
• Revenue: ₹2,537 Crore
• Profit: ₹21.9 Crore
• Q4 FY2024-25 Net Profit: ₹5.55 Crore (2034.62% YoY jump)
• Operating revenue (TTM): ₹2,472.31 Crore
• Annual revenue growth: 15%
• Pre-tax margin: 4%
• ROE: 9%
• Debt to equity: 9%
• Promoter Holding: 50.9%
The Company's business segments include manufacturing and consumer business. The Company's consumer products include Ghoomar, Heer Ranjha, Shahi, Goldee-Blue and Red, Globus Special Series GR8 Times, Rajputana, Globus Spirits Dry Gin, White Lace, and TERAI India Dry Gin. The Company's manufacturing products include grain neutral alcohol, bioethanol, special denatured spirit, technical alcohol, and fusel oil.
Its manufacturing facilities are spread across West Bengal, Bihar, Haryana, and Rajasthan. Its fully integrated plants facilitate the production of Rectified Spirit, Grain Neutral Alcohol (ENA), Value-priced Spirits, and Premium Spirits.
The Manufacturing Segment's contribution has increased to 62% in Q1 FY2024-25 (vs 41% in FY2021-22), indicating the company's strategic shift towards higher-margin manufacturing operations. The company has been focusing on expanding its manufacturing capabilities while maintaining its consumer business presence.
Globus Spirits has been actively pursuing expansion and diversification strategies. Globus Spirits plans to diversify into beer and new single malt variants, targeting premium markets. The craft spirits segment is growing rapidly, with luxury brands seeing 150% growth year-on-year. The company aims to launch Carib Strong Beer in Uttar Pradesh soon.
The company's management has outlined clear margin targets for sustainable growth, targeting an average EBITDA margin of INR 7 per liter. This strategic focus on margin improvement demonstrates the company's commitment to operational efficiency.
Globus Spirits's major competitors include Sula Vineyards, Som DistilleriesBrew, Assoc Alcohols &Brew, GM Breweries, Jagatjit Inds., IFB Agro Inds, and Northern Spirits. With a Market Cap of ₹2,924 Crore, Globus Spirits is positioned as a larger player compared to the median market cap of its peers, which is ₹1,707 Crore.
Globus Spirits's 52-week high is ₹1369.75 and its 52-week low is ₹751. The stock, from a technical standpoint, is trading close to its key moving averages, approximately 2% and 4% from 50DMA and 200DMA, respectively. It needs to stay above these levels to make any further meaningful move.
Promoter Holding: 50.9% indicates strong promoter confidence in the company's prospects. Promoter holding in Globus Spirits Ltd has remained consistent at 50.90 per cent as of March 2025 (compared to June 2024).
In the quarter ending March 2024, Globus Spirits Ltd declared a dividend of ₹3.50, translating to a dividend yield of 0.37%. This reflects the company's commitment to rewarding shareholders while maintaining capital for growth investments.
Globus Spirits Limited represents a well-established player in the Indian alcohol industry with a diversified business model spanning manufacturing and consumer segments. The company's strong financial performance, strategic expansion plans, and focus on operational efficiency position it well for continued growth in the evolving Indian alcohol market.
