BSE:542628

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Northern Spirits

Executive Summary

Northern Spirits Limited imports, trades, and distributes wines, liquors, and beverages in India.


Snowflake Analysis

Outstanding track record with adequate balance sheet.


Similar Companies

Share Price & News

How has Northern Spirits's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 542628's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

3.4%

542628

-0.6%

IN Retail Distributors

-0.07%

IN Market


1 Year Return

23.7%

542628

-16.9%

IN Retail Distributors

1.4%

IN Market

Return vs Industry: 542628 exceeded the Indian Retail Distributors industry which returned -16.9% over the past year.

Return vs Market: 542628 exceeded the Indian Market which returned 1.4% over the past year.


Shareholder returns

542628IndustryMarket
7 Day3.4%-0.6%-0.07%
30 Day25.0%-2.8%3.3%
90 Day51.7%2.2%18.2%
1 Year23.7%23.7%-16.0%-16.9%3.3%1.4%
3 Yearn/a-26.7%-28.1%-1.6%-6.2%
5 Yearn/a-56.1%-56.9%25.0%15.6%

Price Volatility Vs. Market

How volatile is Northern Spirits's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Northern Spirits undervalued compared to its fair value and its price relative to the market?

1.35x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 542628's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 542628's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 542628 is good value based on its PE Ratio (1.3x) compared to the IN Retail Distributors industry average (26.5x).

PE vs Market: 542628 is good value based on its PE Ratio (1.3x) compared to the Indian market (13x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 542628's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 542628 is good value based on its PB Ratio (0.3x) compared to the IN Retail Distributors industry average (0.7x).


Next Steps

Future Growth

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

5.6%

Forecasted Retail 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 Northern 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.


Next Steps

Past Performance

How has Northern Spirits performed over the past 5 years?

60.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 542628 has high quality earnings.

Growing Profit Margin: 542628's current net profit margins (10.8%) are higher than last year (8.1%).


Past Earnings Growth Analysis

Earnings Trend: 542628's earnings have grown significantly by 60.2% per year over the past 5 years.

Accelerating Growth: 542628's earnings growth over the past year (235.4%) exceeds its 5-year average (60.2% per year).

Earnings vs Industry: 542628 earnings growth over the past year (235.4%) exceeded the Retail Distributors industry -5.9%.


Return on Equity

High ROE: 542628's Return on Equity (26.2%) is considered high.


Next Steps

Financial Health

How is Northern Spirits's financial position?


Financial Position Analysis

Short Term Liabilities: 542628's short term assets (₹1.0B) exceed its short term liabilities (₹433.1M).

Long Term Liabilities: 542628 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: 542628's debt to equity ratio (55.5%) is considered high.

Reducing Debt: 542628's debt to equity ratio has reduced from 16380.9% to 55.5% over the past 5 years.

Debt Coverage: 542628's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 542628's interest payments on its debt are well covered by EBIT (6.8x coverage).


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 542628's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 542628's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 542628's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 542628's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 542628's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

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

2.2yrs

Average board tenure


CEO

Ankush Bakshi (41 yo)

no data

Tenure

Mr. Ankush Bakshi serves as Managing Director and Director of Northern Spirits Limited. Mr. Bakshi has 17 years of rich experience in liquor business with hands on experience in trading of beverages & othe ...


Board Members

NamePositionTenureCompensationOwnership
Anuj Bakshi
Chairmanno datano data29.96%
₹ 145.5m
Ankush Bakshi
MD & Directorno datano data36.88%
₹ 179.1m
Roshni Bakshi
Executive Director2.42yrsno data0.062%
₹ 302.5k
Kanika Bakshi
Executive Director2.42yrsno data0.062%
₹ 302.5k
Jagjit Kochar
Non-Executive Independent Director2.17yrsno data0.0013%
₹ 6.1k
Rahul Gupta
Non-Executive Independent Director2yrsno datano data
Sathvik Jain
Non-Executive Independent Director2yrsno datano data

2.2yrs

Average Tenure

41.5yo

Average Age

Experienced Board: 542628's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.


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.


Ownership Breakdown

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


Top Shareholders

Company Information

Northern Spirits Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Northern Spirits Limited
  • Ticker: 542628
  • Exchange: BSE
  • Founded: 1975
  • Industry: Distributors
  • Sector: Retail
  • Market Cap: ₹485.549m
  • Shares outstanding: 16.05m
  • Website: https://www.northernspirits.in

Location

  • Northern Spirits Limited
  • Woodburn Central
  • Unit 603
  • Kolkata
  • West Bengal
  • 700020
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
542628BSE (Mumbai Stock Exchange)YesEquity SharesININRApr 2019

Biography

Northern Spirits Limited imports, trades, and distributes wines, liquors, and beverages in India. The company was founded in 1975 and is headquartered in Kolkata, India.


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/03 12:48
End of Day Share Price2020/08/03 00:00
Earnings2019/09/30
Annual Earnings2019/03/31


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.