Globus Spirit

Globus Spirits was all kicked up after its very good show for Q1FY17. On a 24% (YoY) rise in total income at Rs.196 crore, the company posted a smart 80% jump up in net profit at Rs.6 crore. But a 24% rise in total costs  led to EBITDA margin dropping from 10.4% to 9.8% despite a 17% rise in EBITDA at Rs.19 crore. There was also a 43% rise in tax outgo.

The company is equity heavy at Rs.28.80. EPS stands at Rs.2.20 (FV of Rs.10) and reserve at Rs.335 crore. Promoters stake is at 56.85%. Templeton Strategic Emergic Markets Fund has a 17.49% holding.

The company caters to four segments of the alcohol industry – Indian Made Indian Liquor (IMIL), Indian Made Foreign Liquor (IMFL), IMFL Bottling and Bulk Alcohol. And its brands includes Country Club, Nimboo, White Lace, Hannibal Legend amongst many more.