30-Oct-2026 14:44:54
GLOBUS SPIRITS Q2 FY27: REVENUE UP 15% YOY; PREMIUM SEGMENT VOLUMES SURGE 64%, ₹155 CR DEBT REPAYMENT & H2 INTEREST SAVINGS EXPECTED
• Quarterly Results: Revenue increased 15% YoY to ₹762.4 Cr, EBITDA grew 2% to ₹63.8 Cr, while PAT declined 36% to ₹14.9 Cr • Margin Pressure: EBITDA margin declined to approximately 8.4% from 9.5% YoY, while PAT margin fell to 2% from 4% • Premium Segment Growth: Prestige & Above revenue surged 54% YoY to ₹59.9 Cr, while sales volumes jumped 64% to 4.6 lakh cases • Premium Profitability: Segment EBITDA loss narrowed to ₹0.2 Cr in Q2, with profitable operations now achieved in 5 out of 12 states • Premium Segment Outlook: Management highlighted that EBITDA breakeven is within reach, supported by improving volumes, distribution and revenue conversion • Regular Business Growth: Regular & Others revenue increased 14% YoY to ₹242.8 Cr, with volumes up 16% to 42.4 lakh cases and EBITDA at ₹38.6 Cr • Manufacturing Business: Revenue increased 11% YoY to ₹455 Cr, while production volumes grew 11% to 5.53 Cr litres • Capacity Utilisation: Manufacturing capacity utilisation stood at 82%, with EBITDA per litre at ₹4.6 in Q2 against ₹5.59 during H1 FY27 • Debt Reduction: Company repaid ₹155 Cr of term loans during H1 FY27, reducing future interest expenses • H2 Finance Cost Savings: Management estimates approximately ₹6 Cr interest savings in H2 FY27 and ₹11–12 Cr on an annualised basis • Investment Income Guidance: Expects ₹2.5 Cr interest income from treasury investments during H2 FY27 and ₹5 Cr annually, assuming approximately 7.3% yield • Capital Raising: Raised ₹200 Cr through QIP, strengthening liquidity and supporting debt reduction and investments • Cash & Investments: Treasury investments, including bank deposits and cash equivalents, stood at ₹165.32 Cr as of September 2026 • Capex Plans: Capital work-in-progress increased by ₹36 Cr during H1 FY27, primarily towards malt and bottling investments • Premium Product Expansion: Introduced DWAAR Indian Craft Whisky to strengthen the premium portfolio and capture demand in the growing Indian craft whisky segment • Future Growth Plans: Focused on expanding Prestige & Above distribution, scaling Uttar Pradesh operations, strengthening luxury brand positioning and improving profitability through premiumisation • H1 Performance: Revenue increased 14% YoY to ₹1,551.2 Cr, EBITDA grew 17% to ₹143.3 Cr and PAT remained nearly flat at ₹42.4 Cr
GLOBUS SPIRITS LTD