Globus Spirits Ltd

₹ 909 -0.50%
12 Aug - close price
About

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]

Key Points

Milestones
It is the 1st to set up a grain distillery and launch branded Distillers Dried Grains with Solubles (DDGS) in India. [1]
It is the largest grain-based Extra Neutral Alcohol (ENA) manufacturer in India. [2]
It pioneered IMIL branding with the launch of India’s 1st ENA-based country liquor NIMBOO. [3]

  • Market Cap 2,617 Cr.
  • Current Price 909
  • High / Low 1,760 / 839
  • Stock P/E 15.5
  • Book Value 268
  • Dividend Yield 0.22 %
  • ROCE 34.0 %
  • ROE 27.6 %
  • Face Value 10.0
Baj Singh
Baj Singh
Baj Singh migrated to America and gathered large number of immigrants to join the freedom movement. He was an active member of The Ghadar Movement and faced rigorous imprisonment upon his return to India.
Unsung Heroes →
Rama Debi
Rama Debi
She took active part in Khadi Movement. She donated all her gold ornaments in appeal to Gandhiji's non-cooperation movement. She was arrested multiple times across multiple movements. She accompanied Gandhiji in a foot march in Odisha.
Unsung Heroes →

Pros

  • Company has delivered good profit growth of 63.2% CAGR over last 5 years

Cons

  • Company might be capitalizing the interest cost
  • Promoter holding has decreased over last 3 years: -4.08%

* 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
296 272 326 270 229 328 316 357 371 382 347 479 495
267 240 291 232 189 268 249 268 272 294 289 395 427
Operating Profit 29 32 35 37 41 60 67 88 98 88 58 84 69
OPM % 10% 12% 11% 14% 18% 18% 21% 25% 26% 23% 17% 18% 14%
1 1 1 2 1 3 1 1 1 2 2 2 2
Interest 6 6 6 5 5 5 5 4 4 2 2 3 2
Depreciation 9 10 10 10 10 10 10 11 10 10 10 11 12
Profit before tax 15 17 20 24 27 49 54 75 85 77 48 72 56
Tax % 37% 20% 28% 12% 25% 38% 29% 29% 34% 31% 36% 33% 33%
Net Profit 9 14 15 22 20 30 38 53 56 53 30 49 37
EPS in Rs 3.27 4.74 5.10 7.48 6.98 10.46 13.25 18.43 19.32 18.24 10.59 16.87 12.94

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
383 505 502 496 586 707 774 853 985 1,161 1,218 1,579 1,704
318 431 431 451 537 637 718 784 891 1,028 956 1,251 1,405
Operating Profit 65 74 70 45 49 70 56 69 94 133 263 329 299
OPM % 17% 15% 14% 9% 8% 10% 7% 8% 10% 11% 22% 21% 18%
1 0 5 -3 4 4 5 5 8 5 -24 7 7
Interest 3 5 6 10 14 17 18 27 26 24 19 11 10
Depreciation 7 12 16 28 29 42 27 36 36 38 40 43 45
Profit before tax 55 58 52 3 10 15 16 12 40 77 179 281 252
Tax % 28% 29% 35% -31% 31% 15% -1% 39% 23% 22% 34% 33%
Net Profit 40 41 34 4 7 13 16 7 31 59 118 187 169
EPS in Rs 20.21 17.78 14.87 1.86 2.45 4.35 5.60 2.44 10.61 20.59 41.06 65.01 58.64
Dividend Payout % 6% 7% 8% -0% -0% -0% -0% -0% -0% 5% 5% 5%
Compounded Sales Growth
10 Years: 12%
5 Years: 15%
3 Years: 17%
TTM: 24%
Compounded Profit Growth
10 Years: 16%
5 Years: 63%
3 Years: 83%
TTM: -5%
Stock Price CAGR
10 Years: 24%
5 Years: 67%
3 Years: 107%
1 Year: -4%
Return on Equity
10 Years: 12%
5 Years: 18%
3 Years: 23%
Last Year: 28%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
23 23 94 94 29 29 29 29 29 29 29 29
Reserves 186 224 254 255 326 335 344 351 381 440 556 744
59 106 87 102 144 253 272 252 230 180 187 180
94 146 230 217 145 133 155 146 140 169 219 284
Total Liabilities 361 500 594 597 645 749 799 777 780 818 990 1,237
220 280 415 415 460 434 632 609 574 569 578 670
CWIP 13 60 21 29 31 131 0 0 12 30 48 98
Investments 0 0 0 0 0 0 5 5 5 27 -0 -0
129 160 157 153 153 184 162 163 189 193 363 469
Total Assets 361 500 594 597 645 749 799 777 780 818 990 1,237

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
46 97 79 34 61 75 71 56 61 154 141 219
-102 -119 -112 -58 -95 -166 -77 -10 -14 -59 -88 -218
42 24 57 -0 34 93 0 -47 -47 -77 -15 -24
Net Cash Flow -15 2 24 -25 0 3 -5 -1 -0 18 38 -23

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 40 40 45 35 24 19 17 21 18 9 25 27
Inventory Days 84 92 62 54 52 37 53 43 43 50 53 47
Days Payable 110 146 145 94 81 64 81 68 57 54 66 60
Cash Conversion Cycle 14 -14 -38 -5 -5 -8 -11 -5 4 5 13 14
Working Capital Days 53 25 -19 1 -10 -10 -16 -10 -0 -11 8 28
ROCE % 26% 20% 15% 4% 5% 6% 5% 6% 10% 15% 32% 34%

Shareholding Pattern

Numbers in percentages

2 recently
Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
55.84 55.84 55.74 55.81 55.88 55.88 55.88 55.96 50.91 50.90 51.01 51.01
0.55 0.81 0.77 0.77 1.16 1.00 0.83 1.47 5.36 4.88 4.86 4.83
1.29 1.45 1.32 1.27 0.45 0.29 0.25 0.94 1.35 1.40 2.12 1.60
42.31 41.90 42.17 42.14 42.51 42.83 43.04 41.63 42.38 42.81 42.01 42.56

Documents

Concalls

Manoranjan Sen Gupta
Manoranjan Sen Gupta
He was only 15 years old when he took part in swadeshi dacoities.
Unsung Heroes →
Surain Singh Badagilwandi
Surain Singh Badagilwandi
He was a Gadar Party Hero. He was involved in Lahore Conspiracy Case. He was hanged on 17th November 1915.
Unsung Heroes →