Globus Spirits Limited has announced impressive financial results for the quarter ended September 30, 2025, showcasing substantial growth across key metrics.

Financial Highlights

The company reported consolidated revenue from operations of ₹87,704.81 lacs, a significant increase from ₹49,233.60 lacs in the same period last year. This represents a robust 78% year-over-year growth.

Profitability also saw a marked improvement:

• Profit after tax surged to ₹2,954.42 lacs, up from ₹1,405.17 lacs in the previous year, indicating a 110% increase.

Strategic Developments

Entry into Beer Segment

Globus Spirits has made a strategic move to diversify its portfolio by entering the beer segment. The company invested ₹99.84 lacs in a joint venture with ANSAMCAL Limited, signaling its intent to expand its presence in the alcoholic beverage market.

Employee Stock Option Plan

During the period, the company allotted 77,409 equity shares under its Employee Stock Option Plan 2021. This has resulted in an increase in the company's equity share capital, which now stands at 28,965,734 shares.

Regulatory and Tax Matters

Favorable Tax Ruling

Globus Spirits received a positive outcome in an income tax case for the assessment year 2012-2013. The ruling allowed previously disallowed expenses of ₹185.06 lacs, which is expected to have a positive impact on the company's financials.

Ongoing Tax Assessments

The company continues to navigate through income tax assessment matters totaling ₹5,649.00 lacs for multiple assessment years. Globus Spirits has filed appeals against these assessments, and the outcomes are pending.

Outlook

The strong quarterly performance, coupled with strategic initiatives like the entry into the beer segment, positions Globus Spirits for potential growth in the coming periods. The company's ability to significantly increase its revenue and profitability demonstrates its strong market position and effective business strategies.

Investors and market analysts will likely keep a close watch on how the company leverages its new beer segment joint venture and manages its ongoing tax matters, as these factors could influence future performance and market sentiment.

Globus Spirits' robust Q2 results and strategic moves underscore its commitment to growth and diversification in the competitive alcoholic beverage market.

Globus Spirits Limited , a key player in the Indian spirits industry, has received a significant vote of confidence from ICRA Limited, one of India's leading credit rating agencies. ICRA has assigned an 'ICRA A+ (Stable)' rating to Globus Spirits' bank facilities totaling Rs 744 crore, underscoring the company's strong financial position and positive outlook.

Rating Details

The credit ratings, which apply to both long-term fund-based facilities, are broken down as follows:

Understanding the Rating

The 'ICRA A+' rating indicates a high degree of safety regarding timely servicing of financial obligations. Such instruments carry very low credit risk. The 'Stable' outlook suggests that the rating is likely to remain unchanged in the near term.

Implications for Globus Spirits

This rating assignment is a positive development for Globus Spirits Limited:

1. Financial Strength: It reflects the company's robust financial health and its ability to meet financial commitments.
2. Investor Confidence: The high rating may boost investor confidence, potentially leading to better terms for future fundraising.
3. Market Position: It underscores Globus Spirits' strong position in the competitive spirits industry.

Detailed Facility Breakdown

The LODR data provides a more granular view of the rated facilities:

Cash Credit/WC/OD Limits (Rs 390 crore)

Term Loan (Rs 354 crore)

Looking Ahead

While the rating provides a positive outlook, it's important to note that ICRA will conduct a surveillance review within one year. The agency reserves the right to review and revise the ratings based on new information or changing circumstances.

For Globus Spirits, maintaining this strong credit rating will be crucial as it navigates the dynamic spirits market and pursues its growth strategies. Stakeholders will likely keep a close eye on the company's financial performance and market position in the coming months.