Northern Spirits Ltd

Northern Spirits Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Northern Spirits Ltd

₹ 202 -2.84%
25 Apr 11:11 a.m.
northernspirits.in BSE: 542628
About

Incorporated in 2012, Northern Spirits Ltd imports and distributes alcoholic beverages and liquor[1]

Key Points

Business Overview:[1][2]
NSL imports and distributes Alcoholic Beverage brands in North, East and North East India. Company has a wide range of supplies from international market through its import operations

Website BSE
  • Market Cap ₹ 324 Cr.
  • Current Price ₹ 202
  • High / Low ₹ 576 / 0.00
  • Stock P/E 29.1
  • Book Value ₹ 56.2
  • Dividend Yield 0.00 %
  • ROCE 14.2 %
  • ROE 14.3 %
  • Face Value ₹ 10.0
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Pros

  • Company has delivered good profit growth of 61.3% CAGR over last 5 years
  • Debtor days have improved from 80.7 to 43.1 days.
  • Company's working capital requirements have reduced from 163 days to 64.8 days

Cons

  • Stock is trading at 3.70 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 9.48% over last 3 years.
  • Company might be capitalizing the interest cost
  • Promoters have pledged 44.8% of their holding.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Trading Industry: Trading

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Half Yearly Results

Figures in Rs. Crores

Sep 2019 Sep 2020 Sep 2021 Sep 2022 Sep 2023
106 54 516 516 597
89 52 502 502 583
Operating Profit 17 2 14 15 14
OPM % 16% 4% 3% 3% 2%
0 0 1 0 0
Interest 2 2 4 4 5
Depreciation 0 0 0 0 0
Profit before tax 15 0 10 10 9
Tax % 0% 0% 26% 26% 24%
15 0 8 8 7
EPS in Rs 9.39 0.09 4.72 4.72 4.26
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
0 1 2 3 16 25 110 154 152 268 905
0 1 2 4 15 23 90 146 143 255 883
Operating Profit -0 -0 0 -0 1 2 20 8 8 13 23
OPM % -1% 3% -13% 5% 7% 18% 5% 5% 5% 2%
0 0 0 0 0 0 0 0 0 0 0
Interest 0 0 0 0 0 0 5 3 4 5 8
Depreciation 0 0 0 0 0 0 0 0 0 0 0
Profit before tax -0 0 0 -0 1 1 15 5 4 8 15
Tax % 0% 0% 17% 0% 18% 25% 35% 28% 28% 25% 25%
-0 0 0 -1 1 1 10 4 3 6 11
EPS in Rs -46.67 13.33 66.67 -12.59 13.09 8.46 8.56 2.25 1.85 3.74 6.93
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 105%
3 Years: 80%
TTM: 238%
Compounded Profit Growth
10 Years: 66%
5 Years: 61%
3 Years: 46%
TTM: 86%
Stock Price CAGR
10 Years: %
5 Years: 42%
3 Years: 107%
1 Year: -25%
Return on Equity
10 Years: %
5 Years: 12%
3 Years: 9%
Last Year: 14%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 0 0 0 0 0 1 12 16 16 16 16 16
Reserves -0 -0 0 1 1 5 29 47 50 56 67 74
0 1 4 2 2 5 45 43 57 68 95 153
-0 0 1 5 9 9 8 2 2 2 4 7
Total Liabilities 0 1 5 8 13 21 94 108 125 142 183 250
0 0 4 4 5 5 11 10 10 10 10 11
CWIP 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 0 0 0 0 0 0 0 0 0
0 1 1 4 8 16 83 98 115 132 172 240
Total Assets 0 1 5 8 13 21 94 108 125 142 183 250

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
0 -0 1 1 1 -7 -50 -12 -10 0 -22
0 -0 -4 -1 0 -0 -6 0 0 -0 -0
0 0 3 -1 -0 2 20 15 4 -3 -4
Net Cash Flow 0 0 0 -0 0 -5 -36 3 -7 -3 -27

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 56 0 101 96 122 124 94 113 86 43
Inventory Days 44 62 155 70 146 160 112 110 67 23
Days Payable 78 40 131 76 63 7 1 0 0 0
Cash Conversion Cycle 22 23 125 91 206 277 205 222 154 66
Working Capital Days 86 -90 -221 -45 90 235 215 261 163 65
ROCE % 5% 6% -8% 28% 21% 41% 9% 7% 10% 14%

Shareholding Pattern

Numbers in percentages

3 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
66.97% 66.97% 66.97% 66.97% 66.97% 66.97% 66.97% 66.97% 66.97% 66.97% 66.97% 66.97%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.19% 0.00% 0.00% 0.00% 0.00% 0.00%
33.03% 33.03% 33.03% 33.03% 33.03% 33.02% 32.85% 33.03% 33.03% 33.03% 33.04% 33.03%
No. of Shareholders 188203209180166230307320326380414722

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

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