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GLOBUS SPIRITS LTD. - 533104 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Intimation of Schedule of Analyst/Institutional Investor Meetings under the SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015
04-03-2022
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GLOBUS SPIRITS LTD. - 533104 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Intimation of Schedule of Analyst/Institutional Investor Meetings under the SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015
03-03-2022

Buy Globus Spirits; target of Rs 1750: ICICI Direct

ICICI Direct is bullish on Globus Spirits has recommended buy rating on the stock with a target price of Rs 1750 in its research report dated February 14, 2021.
15-02-2022
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Q3FY22 Quarterly Result Announced for Globus Spirits Ltd.

Breweries & Distilleries company Globus Spirits declares Q3FY22 result: EBITDA impacted (Q3FY22 v/s Q2FY22): EBITDA impact of Rs 25 Cr due to shutdown of Bihar plant for ~72 days in Q3FY22 on account of floods situation and a major planned overhaul in the power plant of Samalkha (Haryana) for ~40 days in Q3FY22 Both Haryana and Bihar plants are operational in the normal capacity since mid of Dec-21 Gross Margin at 48.5% in Q3FY22 was in-line with expectation Gross Margin improvement backed by higher Consumer Segment sales of 3.73 Mn cases in Q3FY22 (growth of 12% YoY). For 9MFY22, the overall Consumer Segment sales stood at 10.9 Mn cases (growth of 32% YoY) Despite higher input manufacturing costs, business continues to operate as per expected levels of contribution The State of Rajasthan has announced a price hike of Rs 39 per case for Value Plus segment liquor and Rs 19 per case for Value segment liquor effective new policy year The prices of Ethanol has increased by Rs 1.37 per litre, effective Dec-21 Additional capacity of 140 klpd at West Bengal plant operational and will yield higher revenue EBITDA Margin impacted (Q3FY22 v/s Q2FY22) mainly due to inflation in fuel cost and higher cost due to purchase of alcohol Fuel (rice husk and coal) rate increased by ~18% QoQ AFS prices corrected in Q3FY22, and current prices are as per the Industry and internal expectation Higher cost of purchasing ENA from outside to meet the Consumer Business’ requirement in Haryana due to plant closure Finance cost reduction by 41% YoY in 9MFY22 was led by reduced debt. Debt on term loans lowered by ~22% in 9MFY22 Effective Tax Rate - Based on cash outflow of tax paid, it is at 21.7% for 9MFY22. The Company is contemplating to shift to the new regime of computation of tax where the tax rate will be 25.63% vis-à-vis the current tax rate of 34.94%, with effective from 1st April 2022 Result PDF
11-02-2022
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GLOBUS SPIRITS LTD. - 533104 - Financial Results For The 3Rd Quarter And Nine Months Ending 31St December 2021

Financial Results for the 3rd quarter and nine months ending 31st December 2021
11-02-2022
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