Sunday, April 14, 2024

Globus Spirits Ltd

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Globus Spirits Limited is an Indian spirits company headquartered in Delhi, India. It is the only company in India’s alcohol industry that has a balanced business model which includes all segments of the spirits value chain, right from the manufacturing of alcohol to a diverse consumer portfolio.

The company was incorporated in 1993 and has since grown to become one of the leading spirits companies in India. It has a manufacturing capacity of over 100 million litres of alcohol per annum and a diverse portfolio of brands, including GR8 Times, Rajputana, Globus Spirits Dry Gin, White Lace, Governors’ Reserve Red, Governors’ Reserve Blue, Oakton, Laffaire, and Napoleon.

Globus Spirits is listed on the National Stock Exchange of India and the Bombay Stock Exchange. The company’s stock price is currently trading at around Rs. 1029.60 per share. The average target price for the stock is Rs. 1000.00.

Some of the factors that are expected to drive the growth of Globus Spirits include:

  • The growing demand for spirits in India
  • The company’s strong distribution network
  • The expansion of its manufacturing capacity
  • The launch of new brands

However, there are also some challenges that the company faces, such as:

  • The competition from other leading spirits companies
  • The regulatory environment in India
  • The volatility of the Indian stock market

Overall, Globus Spirits is a well-established spirits company with a strong track record of growth. The company is expected to continue to grow in the coming years, driven by the growing demand for spirits in India.

Here are some additional details about Globus Spirits:

  • The company has four manufacturing facilities located in West Bengal, Bihar, Haryana, and Rajasthan.
  • It has a workforce of over 2,000 employees.
  • The company exports its products to over 20 countries.
  • In 2022-23, the company’s revenue was Rs. 3,500 crore and its net profit was Rs. 500 crore.

TradeT20.com has found this company to be good based on the analysis of below Key Metrics

Sales Growth | Profit Growth | Debt to Equity | ROE | Cash from Operations | Market Cap to Sales | PE | PB | Dividend Yield

Disclaimer:

We are not SEBI authorized analyst. Please note we do not recommend any of the stocks analyzed in this website, use this only for educational analysis and not as an investment advice. We might have invested in these stocks hence views could be biased, buying or selling based on our analysis could be dangerous for you financially.
Do your own research and analysis before investing.

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