Globus Spirits announced its audited standalone and consolidated financial results for the quarter and full year ended March 31, 2026, at a Board of Directors meeting held on May 7, 2026. The standalone net profit for Q4 rose to ₹2,159.28 lakh from ₹629.93 lakh in the year-ago period, while full-year standalone profit after tax (PAT) surged to ₹9,489.07 lakh — a sharp turnaround from ₹2,497.18 lakh in FY25. Q4 EBITDA stood at 670m Rupees against 392m Rupees in the year-ago period, with the EBITDA margin expanding to 7.84% from 4.48% YoY. On a consolidated basis, PAT for the full year stood at ₹9,105.49 lakh, up from ₹2,192.45 lakh in FY25, with consolidated profit before tax rising to ₹11,896.57 lakh from ₹3,323.50 lakh. The Board also recommended a dividend of ₹6.53 per equity share of face value ₹10 each for FY26, subject to shareholder approval. In compliance with Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Globus Spirits subsequently informed the stock exchanges that the audio recording of the investor conference call held on May 8, 2026 — to discuss Q4 and full-year FY26 financial performance — has been made available on the company's website.
Standalone Financial Performance
The standalone results reflect a broad-based recovery across revenue and profitability metrics. Revenue from operations for the full year grew to ₹3,60,900.63 lakh from ₹3,51,750.23 lakh in FY25, while total income rose to ₹3,62,185.28 lakh. Q4 standalone revenue from operations came in at 8.6b Rupees compared to 8.8b Rupees in the year-ago quarter. The following table presents key standalone profit and loss highlights:
| Metric (₹ lakh): |
Q4 FY26 |
Q4 FY25 |
FY26 |
FY25 |
| Revenue from Operations: |
85,072.57 |
87,495.96 |
3,60,900.63 |
3,51,750.23 |
| Other Income: |
495.75 |
363.99 |
1,284.65 |
961.78 |
| Total Income: |
85,568.32 |
87,859.95 |
3,62,185.28 |
3,52,712.01 |
| Cost of Materials Consumed: |
44,401.80 |
48,162.27 |
1,83,733.51 |
1,80,280.43 |
| Employee Benefits Expense: |
2,744.85 |
2,229.16 |
11,147.76 |
8,773.36 |
| Finance Costs: |
1,648.16 |
1,304.07 |
5,827.09 |
4,600.42 |
| Depreciation & Amortisation: |
2,547.88 |
2,076.69 |
9,172.87 |
8,159.87 |
| Profit Before Tax: |
3,006.13 |
898.68 |
12,280.15 |
3,517.68 |
| Profit After Tax: |
2,159.28 |
629.93 |
9,489.07 |
2,497.18 |
| Basic EPS (₹): |
7.46 |
2.18 |
32.77 |
8.65 |
| Diluted EPS (₹): |
7.45 |
2.17 |
32.72 |
8.61 |
Q4 EBITDA Performance
The Q4 EBITDA and margin performance underscores the operational improvement achieved during the period. The following table highlights the key EBITDA metrics for Q4:
| Metric: |
Q4 FY26 |
Q4 FY25 |
| EBITDA: |
670m Rupees |
392m Rupees |
| EBITDA Margin: |
7.84% |
4.48% |
Consolidated Financial Performance
The consolidated results include Globus Spirits Limited (Holding Company), its subsidiary Bored Beverages Private Limited, and its joint venture Globus ANSA Private Limited. Consolidated revenue from operations for the full year rose to ₹3,61,278.16 lakh from ₹3,51,932.62 lakh in FY25. The share of loss of investment accounted for using the equity method stood at ₹225.44 lakh for FY26. The following table summarises key consolidated financials:
| Metric (₹ lakh): |
Q4 FY26 |
Q4 FY25 |
FY26 |
FY25 |
| Revenue from Operations: |
85,108.14 |
87,543.91 |
3,61,278.16 |
3,51,932.62 |
| Other Income: |
491.27 |
366.33 |
1,276.83 |
971.85 |
| Total Income: |
85,599.41 |
87,910.24 |
3,62,554.99 |
3,52,904.47 |
| Finance Costs: |
1,648.15 |
1,304.09 |
5,827.13 |
4,600.45 |
| Depreciation & Amortisation: |
2,548.18 |
2,077.14 |
9,173.99 |
8,161.45 |
| Profit Before Tax: |
2,958.27 |
869.74 |
11,896.57 |
3,323.50 |
| Profit After Tax: |
2,111.42 |
490.44 |
9,105.49 |
2,192.45 |
| Total Comprehensive Income: |
2,171.97 |
540.54 |
9,142.28 |
2,262.23 |
| Basic EPS (₹): |
7.37 |
1.92 |
31.70 |
8.08 |
| Diluted EPS (₹): |
7.36 |
1.91 |
31.65 |
8.05 |
Net profit attributable to shareholders of the Holding Company for FY26 stood at ₹9,178.65 lakh, compared to ₹2,333.45 lakh in FY25. Non-controlling interest recorded a loss of ₹73.16 lakh for the full year.
Segment Performance
Globus Spirits operates through two reportable segments — Manufacturing and Consumer. The Manufacturing segment recorded a significant turnaround, moving from a segment result of ₹(4,424.19) lakh in FY25 to ₹2,930.39 lakh in FY26. The Consumer segment continued to deliver strong results, with full-year segment results growing to ₹12,939.83 lakh from ₹11,009.11 lakh in FY25. The following tables present standalone segment-wise revenue and results:
Standalone Segment Revenue (₹ lakh):
| Segment: |
Q4 FY26 |
Q4 FY25 |
FY26 |
FY25 |
| Manufacturing: |
44,213.17 |
49,058.67 |
1,99,660.41 |
1,90,340.40 |
| Consumer: |
26,426.64 |
25,054.08 |
1,06,423.32 |
99,365.56 |
| Inter-segment Elimination: |
(7,434.27) |
(8,664.63) |
(35,277.21) |
(36,110.58) |
| Net Segment Revenue: |
63,205.54 |
65,448.12 |
2,70,806.52 |
2,53,595.38 |
Standalone Segment Results (₹ lakh):
| Segment: |
Q4 FY26 |
Q4 FY25 |
FY26 |
FY25 |
| Manufacturing: |
648.50 |
(1,319.17) |
2,930.39 |
(4,424.19) |
| Consumer: |
2,986.63 |
3,069.03 |
12,939.83 |
11,009.11 |
| Total Segment Results Before Tax: |
3,635.13 |
1,749.86 |
15,870.22 |
6,584.92 |
| Profit Before Tax: |
3,006.13 |
898.68 |
12,280.15 |
3,517.68 |
Balance Sheet and Cash Flow Highlights
The standalone balance sheet reflects continued investment in capacity. Total standalone assets stood at ₹2,25,481.27 lakh as of March 31, 2026, compared to ₹2,10,954.13 lakh as of March 31, 2025. Total equity increased to ₹1,09,638.25 lakh from ₹99,469.25 lakh. On the consolidated basis, total assets were ₹2,24,850.98 lakh, with total equity at ₹1,08,923.60 lakh.
| Standalone Balance Sheet (₹ lakh): |
Mar-26 |
Mar-25 |
| Property, Plant & Equipment: |
1,21,387.00 |
98,810.57 |
| Capital Work-in-Progress: |
3,680.85 |
14,989.35 |
| Inventories: |
28,604.50 |
20,811.69 |
| Trade Receivables: |
31,954.98 |
32,246.66 |
| Cash & Cash Equivalents: |
1,039.02 |
1,504.20 |
| Total Assets: |
2,25,481.27 |
2,10,954.13 |
| Total Equity: |
1,09,638.25 |
99,469.25 |
| Non-current Borrowings: |
22,325.19 |
16,192.64 |
| Current Borrowings: |
29,182.83 |
37,029.73 |
On the standalone cash flow front, net cash flow from operating activities rose to ₹27,049.06 lakh in FY26 from ₹6,954.22 lakh in FY25. Net cash used in investing activities was ₹(18,758.04) lakh, while net cash used in financing activities was ₹(8,756.20) lakh, resulting in a net decrease in cash and cash equivalents of ₹465.18 lakh during the year. On a consolidated basis, net cash generated from operating activities was ₹26,780.18 lakh, compared to ₹6,713.13 lakh in FY25.
Corporate Actions, Compliance, and Tax Matters
The Board approved the allotment of 1,79,643 equity shares of ₹10 each upon exercise of stock options under the Employee Stock Option Plan 2021, bringing the paid-up equity share capital to 2,90,67,968 equity shares of ₹10 each. The statutory auditors, M/s Walker Chandiok & Co LLP, issued an unmodified opinion on both the standalone and consolidated audited financial results for the year ended March 31, 2026. Additionally, M/s SCV & Co., LLP (Chartered Accountants) was appointed as Internal Auditor of the company for FY 2026-27.
Regarding a tax matter, the Income Tax Department had carried out a search and seizure operation at the company's premises from January 30, 2023 to February 3, 2023. Assessment orders for 10 assessment years (AY 2014-15 to AY 2023-24) were received in April 2024, disallowing certain expenses. For three assessment years, the aggregate tax demand is ₹4,093.82 lakh, against which the company has paid ₹3,043.76 lakh under protest and has filed an appeal before the Commissioner of Income Tax (Appeals). Based on external legal counsel's views and an independent review, the company believes no liability will ultimately devolve on it, and accordingly no provision has been made in the financial results. The auditors have drawn attention to this matter, though their opinion is not modified in respect of it.
Investor Conference Call
In compliance with Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Globus Spirits informed the stock exchanges that the company participated in a conference call with investors on May 8, 2026, to discuss the financial performance for Q4 and the full year ended March 31, 2026. The audio recording of the conference call has been made available on the company's website and has been filed with the exchanges accordingly.
| Conference Call Details: |
Information |
| Event: |
Q4 FY26 Investor Conference Call |
| Date: |
May 8, 2026 |
| Purpose: |
Q4 & FY26 Financial Performance Discussion |
| Compliance: |
SEBI Regulation 30, Schedule III Part A |
| Recording: |
Available on company website |