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Earnings Call

Globus Spirits Earnings Call: Key Takeaways

Globus Spirits delivered a resilient FY26 despite regulatory friction in Delhi, using manufacturing cash flows to aggressively fund a high-margin consumer business pivot while drastically reducing debt costs through refinancing.

Highlights
Revenue growthP&A segment revenue increased 27% YoY to ₹164 crores.
MarginsBulk margins stabilized at ₹6.2-8.3/liter; P&A margins improving.
Demand visibilityStrong visibility in Ethanol due to national blending mandates.
Management confidenceConfident but realistic regarding regional regulatory hurdles and commodity costs.

Growth

Consumer P&A revenue grew 27% YoY, now representing 16% of total revenue vs 6% in FY24.

Outlook

Targeting ₹500cr P&A revenue by FY29; interest costs projected to drop to ₹14-15cr per quarter.

Risks

Regulatory flux in Delhi dropped Q3 volumes 40%; reliance on grain feedstock prices remains high.

Source

Earnings Call filed with NSE, NSE: GLOBUSSPR. Summary written with AI assistance from the document.

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Globus Spirits Ltd: key numbers

Share price
₹832.55
Market cap
₹2,619 Cr
Revenue (annual)
₹2,710 Cr
Net profit (annual)
₹91.79 Cr
P/E (TTM)
26.1×Sector 29.0×
Promoter holding
46.74%-3.84% QoQ
FII holding
13.77%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Globus Spirits Annual General Meeting

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Globus Spirits Annual Report

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Financial Results

Globus Spirits Q1 FY27 Results: Net Profit ₹26.5 Cr, Up 49.7% YoY

Globus Spirits Ltd reported revenue from operations of ₹1,152 Cr (+21.0% YoY) and net profit of ₹26.5 Cr (+49.7% YoY) for Q1 FY27.

Key figure
Net profit ₹26.5 Cr · +49.7% YoY