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Last Updated on: 19 June, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Globus Spirits Ltd

About the Company - Globus Spirits Ltd

Globus Spirits Ltd. is a Public Limited Listed company incorporated on 16/02/1993 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L74899DL1993PLC052177 and registration number is 052177. Currently company belongs to the Industry of Beverages & Distilleries. Company’s Total Operating Revenue is Rs. 1579.17 Cr. and Equity Capital is Rs. 28.80 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Beverages & DistilleriesF-0, Ground Floor, The Mira Corporate Suites, New Delhi Delhi 110065ir@globusgroup.in
http://www.globusspirits.com
Management
NamePosition Held
Mr. Vivek GuptaChairman & Ind.Dire (Non-Exe)
Mr. Ajay Kumar SwarupManaging Director
Mr. Shekhar SwarupJoint Managing Director
Dr. Bhaskar RoyExecutive Director
Ms. Ruchika BansalInd. Non-Executive Director
Mr. Sunil ChadhaInd. Non-Executive Director
Mr. Santosh Kumar BishwalInd. Non-Executive Director
Mr. Kunal AgarwalInd. Non-Executive Director
Mr. Ajay B BaligaNon Executive Director

Basic Stock Data of Globus Spirits Ltd

Last Updated: June 17, 2024, 8:33 pm

Market Cap 2,301 Cr.
Current Price 798
High / Low1,328/656
Stock P/E23.8
Book Value 337
Dividend Yield0.75 %
ROCE9.56 %
ROE10.4 %
Face Value 10.0
PEG Ratio1.69

Globus Spirits Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales316357371382347479495480592541570567687
Expenses249268272294289395427435534468498530647
Operating Profit67889888588469455973723840
OPM %21%25%26%23%17%18%14%9%10%14%13%7%6%
Other Income1112222213243
Interest5442232357677
Depreciation10111010101112131516161617
Profit before tax54758577487256324053521720
Tax %29%29%34%31%36%33%33%30%33%32%25%25%-128%
Net Profit38535653314937222736391345
EPS in Rs13.2518.4319.3218.2310.5916.8712.947.699.3612.4413.464.5315.46

Last Updated: June 11, 2024, 2:42 am

Globus Spirits Ltd Quarterly Chart

Globus Spirits Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales5055024965867077748539851,1611,2241,5792,1032,271
Expenses4314314515376377187848911,0289691,2551,8572,029
Operating Profit7470454970566994133255324246242
OPM %15%14%9%8%10%7%8%10%11%21%21%12%11%
Other Income05-344558571189
Interest561014171827262419111726
Depreciation12162829422736363841435663
Profit before tax58523101516124077202281180162
Tax %29%35%-31%31%15%-1%39%23%22%29%33%32%
Net Profit413447131673159144187122115
EPS in Rs17.7814.871.862.454.355.602.4410.6120.5950.0065.0142.4339.78
Dividend Payout %7%8%0%0%0%0%0%0%5%4%5%14%

Globus Spirits Ltd Profit & Loss Yearly Chart

Globus Spirits Ltd Growth

Compounded Sales Growth
10 Years:17%
5 Years:20%
3 Years:25%
TTM:15%
Compounded Profit Growth
10 Years:67%
5 Years:26%
3 Years:-12%
TTM:-21%
Stock Price CAGR
10 Years:26%
5 Years:43%
3 Years:11%
1 Year:-36%
Return on Equity
10 Years:13%
5 Years:18%
3 Years:17%
Last Year:10%

Last Updated: June 17, 2024, 3:03 pm

Globus Spirits Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital23232329292929292929292929
Reserves224254255326335344351381440562744858895
Preference Capital07171000000000
Borrowings10687102144253272252230180187180291352
Other Liabilities146230217145133155146140169216285415428
Total Liabilities5005945976457497997777808189941,2371,5921,704
Fixed Assets280415415460434632609574569579670826827
CWIP60212931131001230489899155
Investments00000555270000
Other Assets160157153153184162163189193367470667722
Total Assets5005945976457497997777808189941,2371,5921,704

Globus Spirits Ltd Reserves and Borrowings Chart

Globus Spirits Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 9779346175715661154142219128
Cash from Investing Activity -119-112-58-95-166-77-10-14-59-98-218-211
Cash from Financing Activity 2457-034930-47-47-77-15-2485
Net Cash Flow224-2503-5-1-01829-232

Globus Spirits Ltd Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days45352419172118926273742
Inventory Days625452375343435058484742
Days Payable1459481648168575466606470
Cash Conversion Cycle-38-5-5-8-11-54517152014
Working Capital Days-191-10-10-16-10-0-1125283127
ROCE %15%4%5%6%5%6%10%15%31%34%19%

Globus Spirits Ltd Financial Efficiency Indicators Chart

Globus Spirits Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters55.88%55.96%50.91%50.90%51.01%51.01%51.01%51.01%51.01%51.01%51.02%50.98%
FIIs0.83%1.47%5.36%4.88%4.86%4.83%4.75%4.83%4.76%4.76%5.72%4.65%
DIIs0.25%0.94%1.35%1.40%2.12%1.60%1.68%2.94%5.48%8.93%3.87%1.63%
Public43.04%41.63%42.38%42.81%42.01%42.56%42.56%41.22%38.75%35.29%39.39%42.73%
No. of Shareholders23,76939,67456,50071,94978,53486,35094,30191,89888,04978,45488,8331,00,309

Globus Spirits Ltd Shareholding Pattern Chart

No. of Globus Spirits Ltd Shareholders

Globus Spirits Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Motilal Oswal Nifty Microcap 250 Index Fund13,9950.241.1313,9952024-06-150%
Taurus Flexi Cap Fund8,2620.240.6713,9952024-06-15-40.96%
Groww Nifty Total Market Index Fund320.01013,9952024-06-15-99.77%

Globus Spirits Ltd ROCE Trend

Globus Spirits Ltd EPS Trend

Globus Spirits Ltd Key Financial Ratios

MonthMar 24Mar 21Mar 20Mar 19Mar 18
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)33.3248.9017.338.261.98
Diluted EPS (Rs.)33.4848.9017.338.261.98
Cash EPS (Rs.)56.0863.0130.4620.7814.53
Book Value[Excl.RevalReserv]/Share (Rs.)337.11202.92155.00137.91129.65
Book Value[Incl.RevalReserv]/Share (Rs.)337.11202.92155.00137.91129.65
Revenue From Operations / Share (Rs.)837.77427.36405.85342.34296.96
PBDIT / Share (Rs.)63.4690.7244.6133.1025.52
PBIT / Share (Rs.)40.7076.6031.4120.5612.95
PBT / Share (Rs.)31.4770.0623.2311.433.53
Net Profit / Share (Rs.)33.3248.9017.268.241.96
NP After MI And SOA / Share (Rs.)33.4748.9017.338.452.00
PBDIT Margin (%)7.5721.2210.999.668.59
PBIT Margin (%)4.8517.927.736.004.36
PBT Margin (%)3.7516.395.723.331.18
Net Profit Margin (%)3.9711.444.252.400.66
NP After MI And SOA Margin (%)3.9911.444.262.460.67
Return on Networth / Equity (%)9.9224.0611.156.111.54
Return on Capital Employeed (%)10.0829.2414.739.956.81
Return On Assets (%)5.4614.196.243.160.74
Long Term Debt / Equity (X)0.090.180.290.420.38
Total Debt / Equity (X)0.320.220.300.500.59
Asset Turnover Ratio (%)0.001.371.471.271.09
Current Ratio (X)1.041.280.950.870.55
Quick Ratio (X)0.730.840.370.420.28
Inventory Turnover Ratio (X)0.006.378.419.158.06
Dividend Payout Ratio (NP) (%)0.002.040.000.000.00
Dividend Payout Ratio (CP) (%)0.001.580.000.000.00
Earning Retention Ratio (%)0.0097.960.000.000.00
Cash Earning Retention Ratio (%)0.0098.420.000.000.00
Interest Coverage Ratio (X)6.8813.885.453.622.71
Interest Coverage Ratio (Post Tax) (X)4.618.483.111.901.21
Enterprise Value (Cr.)2157.09989.90359.44596.45556.04
EV / Net Operating Revenue (X)0.890.800.300.600.65
EV / EBITDA (X)11.793.792.806.267.57
MarketCap / Net Operating Revenue (X)0.790.740.200.400.39
Retention Ratios (%)0.0097.950.000.000.00
Price / BV (X)1.971.560.541.000.90
Price / Net Operating Revenue (X)0.790.740.200.400.39
EarningsYield0.050.150.200.060.01

Globus Spirits Ltd Profitability Ratios (%)

Globus Spirits Ltd Liquidity Ratios

Globus Spirits Ltd Liquidity Ratios (%)

Globus Spirits Ltd Interest Coverage Ratios (%)

Globus Spirits Ltd Valuation Ratios

Fair Value

Fair Value: 840.40

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Undervalued: 5.31% compared to the current price 798

Intrinsic Value: 958.71

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 20.14% compared to the current price ₹798

Last 5 Year EPS CAGR: 14.08%

*Investments are subject to market risks

Strength and Weakness of Globus Spirits Ltd Stock

StrengthWeakness
  1. The stock has a low average Working Capital Days of 3.00, which is a positive sign.
  2. The company has higher reserves (459.15 cr) compared to borrowings (10.92 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (416.54 cr) and profit (85.23 cr) over the years.
  1. The stock has a low average ROCE of 12.50%, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 0.25, which may not be favorable.

FAQ

What is the latest fair value of Globus Spirits Ltd?

The latest fair value of Globus Spirits Ltd is ₹840.40.

What is the Market Cap of Globus Spirits Ltd?

The Market Cap of Globus Spirits Ltd is 2,301 Cr..

What is the current Stock Price of Globus Spirits Ltd as on 19 June 2024?

The current stock price of Globus Spirits Ltd as on 19 June 2024 is ₹798.

What is the High / Low of Globus Spirits Ltd stocks in FY 2024?

In FY 2024, the High / Low of Globus Spirits Ltd stocks is 1,328/656.

What is the Stock P/E of Globus Spirits Ltd?

The Stock P/E of Globus Spirits Ltd is 23.8.

What is the Book Value of Globus Spirits Ltd?

The Book Value of Globus Spirits Ltd is 337.

What is the Dividend Yield of Globus Spirits Ltd?

The Dividend Yield of Globus Spirits Ltd is 0.75 %.

What is the ROCE of Globus Spirits Ltd?

The ROCE of Globus Spirits Ltd is 9.56 %.

What is the ROE of Globus Spirits Ltd?

The ROE of Globus Spirits Ltd is 10.4 %.

What is the Face Value of Globus Spirits Ltd?

The Face Value of Globus Spirits Ltd is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Globus Spirits Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE