Globus Spirits Ltd
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. It has a unique 360⁰ model straddling across the entire alcohol value chain. It is the 1st to set up a grain distillery and launch branded DDGS in India. [1] [2] [3]
- Market Cap ₹ 2,211 Cr.
- Current Price ₹ 767
- High / Low ₹ 1,328 / 656
- Stock P/E 16.7
- Book Value ₹ 321
- Dividend Yield 0.78 %
- ROCE 18.5 %
- ROE 14.7 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 76.7% CAGR over last 5 years
Cons
- Company might be capitalizing the interest cost
- Debtor days have increased from 30.1 to 36.7 days.
- Promoter holding has decreased over last 3 years: -4.90%
* 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: Alcoholic Beverages Industry: Breweries & Distilleries
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
505 | 502 | 496 | 586 | 707 | 774 | 853 | 985 | 1,161 | 1,224 | 1,579 | 2,103 | 2,366 | |
431 | 431 | 451 | 537 | 637 | 718 | 784 | 891 | 1,028 | 969 | 1,255 | 1,857 | 2,142 | |
Operating Profit | 74 | 70 | 45 | 49 | 70 | 56 | 69 | 94 | 133 | 255 | 324 | 246 | 223 |
OPM % | 15% | 14% | 9% | 8% | 10% | 7% | 8% | 10% | 11% | 21% | 21% | 12% | 9% |
0 | 5 | -3 | 4 | 4 | 5 | 5 | 8 | 5 | 7 | 11 | 8 | 11 | |
Interest | 5 | 6 | 10 | 14 | 17 | 18 | 27 | 26 | 24 | 19 | 11 | 17 | 28 |
Depreciation | 12 | 16 | 28 | 29 | 42 | 27 | 36 | 36 | 38 | 41 | 43 | 56 | 65 |
Profit before tax | 58 | 52 | 3 | 10 | 15 | 16 | 12 | 40 | 77 | 202 | 281 | 180 | 142 |
Tax % | 29% | 35% | -31% | 31% | 15% | -1% | 39% | 23% | 22% | 29% | 33% | 32% | |
41 | 34 | 4 | 7 | 13 | 16 | 7 | 31 | 59 | 144 | 187 | 122 | 132 | |
EPS in Rs | 17.78 | 14.87 | 1.86 | 2.45 | 4.35 | 5.60 | 2.44 | 10.61 | 20.59 | 50.00 | 65.01 | 42.43 | 45.89 |
Dividend Payout % | 7% | 8% | 0% | 0% | 0% | 0% | 0% | 0% | 5% | 4% | 5% | 14% |
Compounded Sales Growth | |
---|---|
10 Years: | 15% |
5 Years: | 20% |
3 Years: | 22% |
TTM: | 16% |
Compounded Profit Growth | |
---|---|
10 Years: | 14% |
5 Years: | 77% |
3 Years: | 27% |
TTM: | -2% |
Stock Price CAGR | |
---|---|
10 Years: | 25% |
5 Years: | 40% |
3 Years: | 35% |
1 Year: | -11% |
Return on Equity | |
---|---|
10 Years: | 13% |
5 Years: | 19% |
3 Years: | 22% |
Last Year: | 15% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | 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 | 23 | 23 | 23 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 |
Reserves | 224 | 254 | 255 | 326 | 335 | 344 | 351 | 381 | 440 | 562 | 744 | 858 | 895 |
Preference Capital | 0 | 71 | 71 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
106 | 87 | 102 | 144 | 253 | 272 | 252 | 230 | 180 | 187 | 180 | 291 | 352 | |
146 | 230 | 217 | 145 | 133 | 155 | 146 | 140 | 169 | 216 | 285 | 415 | 428 | |
Total Liabilities | 500 | 594 | 597 | 645 | 749 | 799 | 777 | 780 | 818 | 994 | 1,237 | 1,592 | 1,704 |
280 | 415 | 415 | 460 | 434 | 632 | 609 | 574 | 569 | 579 | 670 | 826 | 827 | |
CWIP | 60 | 21 | 29 | 31 | 131 | 0 | 0 | 12 | 30 | 48 | 98 | 99 | 155 |
Investments | 0 | 0 | 0 | 0 | 0 | 5 | 5 | 5 | 27 | 0 | 0 | 0 | 0 |
160 | 157 | 153 | 153 | 184 | 162 | 163 | 189 | 193 | 367 | 470 | 667 | 722 | |
Total Assets | 500 | 594 | 597 | 645 | 749 | 799 | 777 | 780 | 818 | 994 | 1,237 | 1,592 | 1,704 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
97 | 79 | 34 | 61 | 75 | 71 | 56 | 61 | 154 | 142 | 219 | 128 | |
-119 | -112 | -58 | -95 | -166 | -77 | -10 | -14 | -59 | -98 | -218 | -211 | |
24 | 57 | -0 | 34 | 93 | 0 | -47 | -47 | -77 | -15 | -24 | 85 | |
Net Cash Flow | 2 | 24 | -25 | 0 | 3 | -5 | -1 | -0 | 18 | 29 | -23 | 2 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 40 | 45 | 35 | 24 | 19 | 17 | 21 | 18 | 9 | 26 | 27 | 37 |
Inventory Days | 92 | 62 | 54 | 52 | 37 | 53 | 43 | 43 | 50 | 58 | 48 | 47 |
Days Payable | 146 | 145 | 94 | 81 | 64 | 81 | 68 | 57 | 54 | 66 | 60 | 64 |
Cash Conversion Cycle | -14 | -38 | -5 | -5 | -8 | -11 | -5 | 4 | 5 | 17 | 15 | 20 |
Working Capital Days | 25 | -19 | 1 | -10 | -10 | -16 | -10 | -0 | -11 | 25 | 28 | 31 |
ROCE % | 20% | 15% | 4% | 5% | 6% | 5% | 6% | 10% | 15% | 31% | 34% | 19% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 10 Apr
- Proceedings Of AGM Held On July 22, 2023 6 Apr
- Intimation Of Joint Venture Formation, Under Regulations 30 And 30A Of SEBI (LODR), Regulations, 2015 5 Apr
- Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015W.R.T. Commencement Of Commercial Production At The Enhanced Capacity In The Jharkhand And West Bengal Unit Of The Company. 30 Mar
- Closure of Trading Window 27 Mar
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2011
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Financial Year 2010
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Concalls
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Feb 2024Transcript PPT REC
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Product Portfolio
The product portfolio of the company is divided into 2 segments Consumer Segment (Value Liquor, Premium Liquor, Craft Spirits) and Manufacturing Segment having Distillery Products such as Grain Neutral Alcohol, Bioethanol, Special Denatured Spirit, Technical Alcohol, Fusel Oil and other Co-Products [1]