company background image
GLOB

Globus Spirits NSEI:GLOBUSSPR Stock Report

Last Price

₹929.20

Market Cap

₹26.8b

7D

0.7%

1Y

24.4%

Updated

01 Jul, 2022

Data

Company Financials
GLOBUSSPR fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends3/6

GLOBUSSPR Stock Overview

Globus Spirits Limited manufactures and sells alcohol in India.

Globus Spirits Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Globus Spirits
Historical stock prices
Current Share Price₹929.20
52 Week High₹1,759.50
52 Week Low₹650.00
Beta0.51
1 Month Change-8.21%
3 Month Change-40.87%
1 Year Change24.42%
3 Year Change608.23%
5 Year Change1,160.79%
Change since IPO917.19%

Recent News & Updates

Jun 23
Here's Why We Think Globus Spirits (NSE:GLOBUSSPR) Is Well Worth Watching

Here's Why We Think Globus Spirits (NSE:GLOBUSSPR) Is Well Worth Watching

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...

May 12
Calculating The Fair Value Of Globus Spirits Limited (NSE:GLOBUSSPR)

Calculating The Fair Value Of Globus Spirits Limited (NSE:GLOBUSSPR)

How far off is Globus Spirits Limited ( NSE:GLOBUSSPR ) from its intrinsic value? Using the most recent financial data...

Shareholder Returns

GLOBUSSPRIN BeverageIN Market
7D0.7%2.8%0.6%
1Y24.4%25.5%-0.2%

Return vs Industry: GLOBUSSPR exceeded the Indian Beverage industry which returned 23.2% over the past year.

Return vs Market: GLOBUSSPR exceeded the Indian Market which returned 0.1% over the past year.

Price Volatility

Is GLOBUSSPR's price volatile compared to industry and market?
GLOBUSSPR volatility
GLOBUSSPR Average Weekly Movement8.8%
Beverage Industry Average Movement5.6%
Market Average Movement6.8%
10% most volatile stocks in IN Market9.8%
10% least volatile stocks in IN Market4.4%

Stable Share Price: GLOBUSSPR is more volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: GLOBUSSPR's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
1992568Ajay Swaruphttps://www.globusspirits.com

Globus Spirits Limited manufactures and sells alcohol in India. The company offers Indian made Indian liquor products under the Nimboo, Narangi, Goldee, Ghoomar, and Heer Ranjha brands; and Indian made foreign liquor products. It is also involved in franchise bottling and bulk alcohol hand sanitizer production activities.

Globus Spirits Fundamentals Summary

How do Globus Spirits's earnings and revenue compare to its market cap?
GLOBUSSPR fundamental statistics
Market Cap₹26.76b
Earnings (TTM)₹1.87b
Revenue (TTM)₹15.79b

14.3x

P/E Ratio

1.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GLOBUSSPR income statement (TTM)
Revenue₹15.79b
Cost of Revenue₹8.38b
Gross Profit₹7.41b
Other Expenses₹5.54b
Earnings₹1.87b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)65.02
Gross Margin46.91%
Net Profit Margin11.86%
Debt/Equity Ratio22.5%

How did GLOBUSSPR perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

5%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is GLOBUSSPR undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for GLOBUSSPR?

Other financial metrics that can be useful for relative valuation.

GLOBUSSPR key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.8x
Enterprise Value/EBITDA8.5x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does GLOBUSSPR's PE Ratio compare to its peers?

GLOBUSSPR PE Ratio vs Peers
The above table shows the PE ratio for GLOBUSSPR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average23.7x
507205 Tilaknagar Industries
25.5xn/a₹11.5b
GMBREW G.M. Breweries
11.7xn/a₹10.9b
507526 Associated Alcohols & Breweries
13.2xn/a₹8.0b
532497 Radico Khaitan
44.4xn/a₹116.8b
GLOBUSSPR Globus Spirits
14.3xn/a₹26.8b

Price-To-Earnings vs Peers: GLOBUSSPR is good value based on its Price-To-Earnings Ratio (14.3x) compared to the peer average (23.7x).


Price to Earnings Ratio vs Industry

How does GLOBUSSPR's PE Ratio compare vs other companies in the Asian Beverage Industry?

Price-To-Earnings vs Industry: GLOBUSSPR is good value based on its Price-To-Earnings Ratio (14.3x) compared to the Indian Beverage industry average (19.1x)


Price to Earnings Ratio vs Fair Ratio

What is GLOBUSSPR's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

GLOBUSSPR PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio14.3x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate GLOBUSSPR's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of GLOBUSSPR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: GLOBUSSPR (₹929.2) is trading below our estimate of fair value (₹1713.11)

Significantly Below Fair Value: GLOBUSSPR is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate GLOBUSSPR's PEG Ratio to determine if it is good value.


Discover undervalued companies

Future Growth

How is Globus Spirits forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


16.2%

Forecasted Food, Beverage & Tobacco industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Globus Spirits has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Discover growth companies

  • Examine whether Globus Spirits is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  • Globus Spirits competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Globus Spirits performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


50.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: GLOBUSSPR has high quality earnings.

Growing Profit Margin: GLOBUSSPR's current net profit margins (11.9%) are higher than last year (11.4%).


Past Earnings Growth Analysis

Earnings Trend: GLOBUSSPR's earnings have grown significantly by 50.4% per year over the past 5 years.

Accelerating Growth: GLOBUSSPR's earnings growth over the past year (33%) is below its 5-year average (50.4% per year).

Earnings vs Industry: GLOBUSSPR earnings growth over the past year (33%) exceeded the Beverage industry 29.6%.


Return on Equity

High ROE: GLOBUSSPR's Return on Equity (24.2%) is considered high.


Discover strong past performing companies

Financial Health

How is Globus Spirits's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: GLOBUSSPR's short term assets (₹3.9B) exceed its short term liabilities (₹2.6B).

Long Term Liabilities: GLOBUSSPR's short term assets (₹3.9B) exceed its long term liabilities (₹2.1B).


Debt to Equity History and Analysis

Debt Level: GLOBUSSPR's net debt to equity ratio (12.7%) is considered satisfactory.

Reducing Debt: GLOBUSSPR's debt to equity ratio has reduced from 73.5% to 22.5% over the past 5 years.

Debt Coverage: GLOBUSSPR's debt is well covered by operating cash flow (125.8%).

Interest Coverage: GLOBUSSPR's interest payments on its debt are well covered by EBIT (25x coverage).


Balance Sheet


Discover healthy companies

Dividend

What is Globus Spirits's current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


0.32%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: GLOBUSSPR's dividend (0.32%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.42%).

High Dividend: GLOBUSSPR's dividend (0.32%) is low compared to the top 25% of dividend payers in the Indian market (1.87%).


Stability and Growth of Payments

Stable Dividend: GLOBUSSPR's dividend payments have been volatile in the past 10 years.

Growing Dividend: GLOBUSSPR's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (4.6%), GLOBUSSPR's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (3.9%), GLOBUSSPR's dividend payments are thoroughly covered by cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

6.3yrs

Average management tenure


CEO

Ajay Swarup (63 yo)

no data

Tenure

₹24,101,563

Compensation

Mr. Ajay Kumar Swarup, B.A., MBA, serves as the President at SVP Industries Limited. Mr. Swarup has been Managing Director of Globus Spirits Limited since December 1, 2006. He joined SVP in 1981.He has be...


CEO Compensation Analysis

Compensation vs Market: Ajay's total compensation ($USD305.01K) is about average for companies of similar size in the Indian market ($USD258.31K).

Compensation vs Earnings: Ajay's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: GLOBUSSPR's management team is seasoned and experienced (6.3 years average tenure).


Board Members

Experienced Board: GLOBUSSPR's board of directors are considered experienced (10 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Globus Spirits Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Globus Spirits Limited
  • Ticker: GLOBUSSPR
  • Exchange: NSEI
  • Founded: 1992
  • Industry: Distillers and Vintners
  • Sector: Food, Beverage & Tobacco
  • Implied Market Cap: ₹26.760b
  • Shares outstanding: 28.80m
  • Website: https://www.globusspirits.com

Number of Employees


Location

  • Globus Spirits Limited
  • The Mira Corporate Suites
  • Plot No.1&2, F-0, Ground Floor
  • New Delhi
  • Delhi
  • 110065
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/01 00:00
End of Day Share Price2022/07/01 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.