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Globus Spirits Ltd

Q4 FY26Beverages

Globus Spirits Q4 FY26 earnings call: Revenue & Margins

Q4 FY26 earnings call: what management guided on revenue, margins and order book.

Price₹906
Market cap₹2.7K Cr
P/E27.3
Updated23 Aug 2026
Read5 min read

The short version

P&A segment targets a CAGR of around 40-50% to reach INR 500 crores by FY29, focusing on accelerating growth in core markets as emerging markets mature. The company maintains commitment to FY29 guidance for revenue and profitability growth across segments (Page 22, 21).

From Globus Spirits Ltd's Q4 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

  • P&A segment targets a CAGR of around 40-50% to reach INR 500 crores by FY29, focusing on accelerating growth in core markets as emerging markets mature.
  • The company expects volumes growth in UP with deeper penetration in Tier 3 and Tier 4 cities and expanded presence in Haryana and Rajasthan.
  • Rajasthan plus UP are expected to grow above 7% in the coming years; UP growth currently at a lower margin than Rajasthan.
  • Overall, targets include sustained mid-to-high 30% volume growth in P&A and double-digit volume growth in Regular & Other segments.
  • Manufactured bulk volumes expected to exceed INR 20 crore liters annually, with UP adding further volume.
  • Despite challenges in Delhi and West Bengal, these markets are expected to normalize with relaunch plans.

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Profitability & Margins

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Capital Expenditure Plans

  • The company foresees a capex of INR 60 crores to INR 80 crores sustaining for a few years.
  • INR 40 crores to INR 50 crores is planned for maintenance capex.
  • An additional INR 20 crores to INR 30 crores is allocated for growth in whiskey and bottling infrastructure, including whiskey aging and bottling.
  • No equity capital raise is planned currently; expansion is funded through internal cash flows and debt will be paid down with residual cash post working capital allocation.

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Top-ranked in Beverages

Ranked on what management guided this quarter

Guidance-ranked
Rev 1Mar 3
2Varun Beverages
Rev 2Mar 3
3
Rev 2Mar 3
4
Rev 3Mar 1
5
Rev 3Mar 1
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

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Order Book & Pipeline

The transcript does not provide explicit details on the current or expected order book or pending orders for Globus Spirits Limited. However, relevant insights include: - Bulk alcohol (ENA) business exit FY26 volume: approximately 199.5 million liters, around INR 20 crores in value. - Additional growth expected from Uttar Pradesh market beyond the INR 20 crores guidance. - Visibility of ethanol export orders is confirmed, with mitigating plans in place for costs and supply.

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Globus Spirits Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024Q3 FY25
Mar 2025Q4 FY25
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26

Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹632 Cr, net profit ₹21 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

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Frequently Asked Questions

What were Globus Spirits Ltd Q4 FY26 results?

P&A segment targets a CAGR of around 40-50% to reach INR 500 crores by FY29, focusing on accelerating growth in core markets as emerging markets mature. The company maintains commitment to FY29 guidance for revenue and profitability growth across segments (Page 22, 21).

What is Globus Spirits Ltd share price analysis?

Globus Spirits Ltd currently shows a neutral. The stock trades at a P/E of 27.3 with a market cap of ₹2,740 Cr. Investors should review the full earnings analysis for detailed insights.

Is Globus Spirits Ltd planning capital expenditure?

The company foresees a capex of INR 60 crores to INR 80 crores sustaining for a few years.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.