Globus Spirits Ltd
Globus Spirits Expansion & Growth Update 🚀 Key Milestones & Market Moves
- Multi-feed distillery in Uttar Pradesh set for Q3 FY26 commissioning.
- Prestige & Above segment nearing breakeven ahead of schedule, with 50% YoY revenue growth.
- Consumer business now 39% of total revenue, growing 14% YoY and 9% QoQ.
- Manufacturing EBITDA margins improved to INR6/liter at 81% capacity utilization.
- Carib 500ml strong beer launched in UP with positive early feedback.
- Maize procurement secured via forward contracts (17-18% of annual demand locked).
- IMFL business targeting breakeven by FY26-end; UP IMIL sales hit 0.13M cases in Q1.
- Rajasthan remains strong, contributing 72% to regular segment revenue.
- Expansion into 3 new states for luxury products, plus duty-free/CSD channel exploration.
- UP distillery expected to boost IMIL margins post-Q3 FY26 launch.
- Debt reduced by INR40 crores (net of acceptances).