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Last Updated on: 27 February, 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.
Beverages & DistilleriesF-0, Ground Floor, The Mira Corporate Suites, New Delhi Delhi
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

Globus Spirits Ltd. Share Price Update

Share PriceValue
Previous Day₹806.40

Basic Stock Data of Globus Spirits Ltd

Market Cap 2,307 Cr.
Current Price 801
High / Low1,328/755
Stock P/E17.4
Book Value 321
Dividend Yield0.74 %
ROCE18.5 %
ROE14.7 %
Face Value 10.0

Data Source:

Globus Spirits Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Operating Profit67889888588469455973723840
OPM %21%25%26%23%17%18%14%9%10%14%13%7%6%
Other Income1112222213243
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

Globus Spirits Ltd Quarterly Chart

Globus Spirits Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Operating Profit7470454970566994133255324246242
OPM %15%14%9%8%10%7%8%10%11%21%21%12%11%
Other Income05-344558571189
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:15%
5 Years:20%
3 Years:22%
Compounded Profit Growth
10 Years:14%
5 Years:77%
3 Years:27%
Stock Price CAGR
10 Years:28%
5 Years:43%
3 Years:31%
1 Year:3%
Return on Equity
10 Years:13%
5 Years:19%
3 Years:22%
Last Year:15%

Globus Spirits Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital23232329292929292929292929
Preference Capital07171000000000
Other Liabilities146230217145133155146140169216285415428
Total Liabilities5005945976457497997777808189941,2371,5921,704
Fixed Assets280415415460434632609574569579670826827
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 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days40453524191721189262737
Inventory Days926254523753434350584847
Days Payable14614594816481685754666064
Cash Conversion Cycle-14-38-5-5-8-11-545171520
Working Capital Days25-191-10-10-16-10-0-11252831
ROCE %20%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
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)
Motilal Oswal Nifty Microcap 250 Index Fund139950.241.13
Taurus Flexi Cap Fund82620.240.67
Groww Nifty Total Market Index Fund320.010

Globus Spirits Ltd ROCE Trend

Globus Spirits Ltd EPS Trend

Globus Spirits Ltd Key Financial Ratios

MonthMar 21Mar 20Mar 19Mar 18Mar 17
Basic EPS (Rs.)48.9017.338.261.985.02
Diluted EPS (Rs.)48.9017.338.261.985.02
Cash EPS (Rs.)63.0130.4620.7814.5314.36
Book Value[Excl.RevalReserv]/Share (Rs.)202.92155.00137.91129.65127.63
Book Value[Incl.RevalReserv]/Share (Rs.)202.92155.00137.91129.65127.63
Revenue From Operations / Share (Rs.)427.36405.85342.34296.96268.84
PBDIT / Share (Rs.)90.7244.6133.1025.5220.38
PBIT / Share (Rs.)76.6031.4120.5612.9511.05
PBT / Share (Rs.)70.0623.2311.433.534.97
Net Profit / Share (Rs.)48.9017.268.241.965.03
NP After MI And SOA / Share (Rs.)48.9017.338.452.005.03
PBDIT Margin (%)21.2210.999.668.597.58
PBIT Margin (%)17.927.736.004.364.11
PBT Margin (%)16.395.723.331.181.84
Net Profit Margin (%)11.444.252.400.661.86
NP After MI And SOA Margin (%)11.444.262.460.671.86
Return on Networth / Equity (%)24.0611.156.111.543.93
Return on Capital Employeed (%)29.2414.739.956.815.58
Return On Assets (%)
Long Term Debt / Equity (X)
Total Debt / Equity (X)0.220.300.500.590.67
Asset Turnover Ratio (%)1.371.471.271.091.00
Current Ratio (X)1.280.950.870.550.53
Quick Ratio (X)0.840.370.420.280.22
Inventory Turnover Ratio (X)6.378.419.158.068.75
Dividend Payout Ratio (NP) (%)
Dividend Payout Ratio (CP) (%)1.580.
Earning Retention Ratio (%)97.960.
Cash Earning Retention Ratio (%)98.420.
Interest Coverage Ratio (X)13.885.453.622.713.35
Interest Coverage Ratio (Post Tax) (X)8.483.111.901.211.83
Enterprise Value (Cr.)989.90359.44596.45556.04466.27
EV / Net Operating Revenue (X)0.800.300.600.650.60
EV / EBITDA (X)3.792.806.267.577.94
MarketCap / Net Operating Revenue (X)0.740.200.400.390.28
Retention Ratios (%)97.950.
Price / BV (X)1.560.541.000.900.59
Price / Net Operating Revenue (X)0.740.200.400.390.28

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 of Globus Spirits Ltd Stock

Fair Value: ₹827.13

The stock is undervalued by 3.26% compared to the current price ₹801

*Investments are subject to market risks

Strength and Weakness of Globus Spirits Ltd Stock

  1. The stock has a low average Working Capital Days of 2.83, which is a positive sign.
  2. The stock has a low average Cash Conversion Cycle of -2.08, which is a positive sign.
  3. The company has higher reserves (459.15 cr) compared to borrowings (10.92 cr), indicating strong financial stability.
  4. The company has shown consistent growth in sales (416.54 cr) and profit (85.23 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 30.51 and average Dividend Yield of 8.02%.
  2. The stock has a low average ROCE of 14.17%, which may not be favorable.

About the Author

Author Avatar

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 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