NSE: GLOBUSSPR | BSE: 533104

Expensive Performer

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988.35 35.65 (3.74%)

27.84% Fall from 52W High

151.0K NSE+BSE Volume

NSE 03 Jun, 2025 3:31 PM (IST)

2,855.2

Market Cap

Below industry Median

1.3

Beta 1Year

Very High Volatility

Globus Spirits Ltd. share price target and research reports

Name: Latest research reports of Globus Spirits Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Globus Spirits Ltd.
Rating: 5
Author: ICICI Securities Limited

Latest analyst research reports with target prices and PDF download for GLOBUSSPR, BSE:533104 Globus Spirits Ltd.

Globus Spirits Ltd.

17 Jun 2021

988.35

3.74%

Globus Spirits

Buy: Globus Spirits Ltd.

Target

ICICI Securities Limited

While FY21 saw overall muted utilisation levels (86% vs. 91% in FY20), resumption of business in H2 again saw utilisation peaking to 90%+ levels. Also, while the company's 140 klpd West Bengal plant is on track (completion by Q2 end), the management is planning to embark on further expansion of the plant (completion by next year) by another 140 klpd (280 klpd in total) and would require investment of | 110 crore (via internal accruals). The management also plans to construct two other plants in Jharkhand and Bihar (220 klpd in total) by FY23, at an outlay of | 225 crore...

Globus Spirits Ltd.'s price crossed above 200Day SMA today

Globus Spirits Ltd.

12 Nov 2020

988.35

3.74%

Globus Spirits

Buy: Globus Spirits Ltd.

Target

ICICI Securities Limited

Utilisation reached ~95% in Q2 (sharp increase from Q1 levels). While utilisation is expected to remain at peak levels, the company is embarking on a capex programme to increase the overall capacity by ~5 crore litre (increase of ~25%) with an outlay of | 95 crore (as per the management, 40% lower capex than a facility of similar size). The facility would be put up in West Bengal (ENA deficit state) and is expected to be commercialised in Q2FY22. Long term ethanol procurement by Government of India is expected to keep stronger ENA realisation while newer product launches...

Globus Spirits Ltd. has gained 40.91% in the last 1 Year

Globus Spirits Ltd.

26 Aug 2020

988.35

3.74%

Globus Spirits

Buy: Globus Spirits Ltd.

Target

ICICI Securities Limited

Ensuring stable performance due to diverse segments GSL covers entire value chain of alcohol manufacturing undertaking an array of operating activities from manufacturing extra neutral alcohol (ENA) to contract bottling of Indian made foreign liquor (IMFL), to marketing & selling IMIL and several by-products. IMIL (~36% of net revenue in FY20) includes Rajasthan as the dominant contributor (~75-80% of IMIL revenues, ~30% market share in the state). Also, the company's JV Unibev' (90% owned, 10% owned by former USL MD Vijay Rekhi) has launched three IMFL liquor...

Globus Spirits Ltd.'s price crossed above 200Day SMA today

Globus Spirits Ltd.

18 Jun 2020

988.35

3.74%

Global Spirits

Buy: Globus Spirits Ltd.

ICICI Securities Limited

Globus Spirits reported strong results owing to a significant improvement in margin profile. Though revenues stayed flattish at | 271.5 crore, lower raw material cost led to 720 bps YoY improvement in gross margin to 42%. In spite of higher employee and other expenses, the company registered a 620 bps YoY improvement in EBITDA margin to 13%. Consequently, net profit...

Globus Spirits Ltd.'s price crossed above 200Day SMA today

Globus Spirits Ltd.

25 Oct 2019

988.35

3.74%

Globus Spirits

Buy: Globus Spirits Ltd.

Target

ICICI Securities Limited

Globus Spirits Ltd. is trading above its 200 day SMA of 982.1

Globus Spirits Ltd.

29 Aug 2018

988.35

3.74%

Globus Spirits

Buy: Globus Spirits Ltd.

ICICI Securities Limited

Globus Spirits Ltd. is trading below its 30 day SMA of 1019.3

Globus Spirits Ltd.

24 Oct 2016

988.35

3.74%

Globus Spirits

Globus Spirits Ltd.

ICICI Securities Limited

We recently met the management of Globus Spirits (GSL), one of the leading players in the Indian made Indian liquor (IMIL) segment. Over the years, GSL has successfully got transformed from a grain-based bulk alcohol manufacturer to a 360 alcohol beverage (alcobev) segment player. GSL covers the entire value chain of alcohol manufacturing undertaking an array of operating activities from manufacturing extra neutral alcohol (ENA) to contract bottling to marketing and selling IMIL and Indian made foreign liquor (IMFL). GSL has a manufacturing capacity...

Globus Spirits Ltd.'s price crossed above 200Day SMA today

Is Globus Spirits Ltd. worth buying?

336 Votes:

Buy 82.44%

Sell 12.2%

Hold 5.36%