Globus Spirits is at the forefront of a significant shift in consumer preferences within the Indian alcoholic beverages industry. According to company executives, the market is experiencing a dual-track growth pattern, necessitating strategic adaptations and innovative approaches from industry players.

Premium and Value Segments Thrive as Mid-Market Shrinks

Consumers are increasingly gravitating towards either premium luxury products or affordable value brands, leaving the traditional mid-market segment in a state of contraction. This shift reflects a more nuanced approach to alcohol consumption, where consumers are making choices based on specific occasions rather than adhering to rigid price barriers.

Global Ambitions for Indian Spirits

Indian companies, including Globus Spirits, are setting their sights on international markets with a focus on building premium portfolios. Target markets include Europe, the United States, the Middle East, Africa, and Australia. This strategic move represents a departure from the traditional mass-market exports to African nations, signaling a more sophisticated approach to global expansion.

Rising Confidence in Homegrown Labels

A notable trend in the domestic market is the increasing confidence Indian consumers are showing in homegrown labels, often preferring them over multinational brands. This shift presents a significant opportunity for local companies like Globus Spirits to strengthen their market position.

Globus Spirits' Expansion Strategy

Globus Spirits is actively expanding its presence across India:

• Already entered western markets including Mumbai and Goa
• Plans to expand into Odisha, Assam, and southern India
• Launching luxury label Doaab India Craft Whisky, aimed at reimagining indigenous Indian spirits

Innovation and Diversification

Looking ahead, Globus Spirits has ambitious plans for product diversification:

• Intends to enter at least two new categories beyond whisky and rum in the coming year
• Leveraging their family legacy in distilling, which dates back to 1958

The company's strategy of reviving indigenous spirits that were marginalized during colonial times through its Doaab India Craft Whisky label demonstrates a commitment to both innovation and cultural heritage.

As the Indian alcohol market continues to evolve, Globus Spirits appears well-positioned to capitalize on changing consumer preferences and expand its footprint both domestically and internationally. The company's focus on premium offerings, coupled with its plans for category expansion, suggests a forward-thinking approach in a dynamic and competitive industry.

Globus Spirits , a leading player in the Indian spirits industry, has approved and released its unaudited standalone and consolidated financial results for the first quarter ended June 30, 2025, along with the Limited Review Report from auditors.

Board Meeting Details

The Board of Directors meeting was held on August 4, 2025, commencing at 12:30 PM and concluding at 3:15 PM. The company has informed stock exchanges about the outcome of the board meeting.

Financial Highlights

The company's net profit rose to ₹185.00 million, marking a 13% increase from ₹164.00 million in the same period last year. This substantial growth in profitability was accompanied by a 9% year-over-year increase in revenue, which reached ₹6,990.00 million, up from ₹6,421.00 million.

Operational Performance

Globus Spirits demonstrated strong operational efficiency:

• EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) grew by 20% year-over-year to ₹600.00 million, compared to ₹501.00 million.
• The EBITDA margin improved to 9.00% from 8.00% in the previous year, indicating enhanced operational efficiency.
• The company's manufacturing segment reported an impressive capacity utilization of 81.00%, up from 72.00%.

Segment Performance

Consumer Segment

The consumer segment showed mixed results across its various categories:

1. Prestige & Above (P&A) Category:

   • Reported strong growth with volumes up 40% quarter-on-quarter.
   • Revenue increased by 36% quarter-on-quarter.
   • The segment is nearing EBITDA breakeven, with two months showing positive results.

2. Regular & Others (R&O) Category:

   • Experienced stable growth with a 1% year-over-year increase in sales volume.
   • Revenue grew by 10% year-over-year to ₹2,325.00 million.
   • EBITDA for this segment stood at ₹390.00 million, up 9% year-over-year.

Manufacturing Segment

The manufacturing segment, which includes Ethanol, ENA (Extra Neutral Alcohol), By-Products, and Franchise Bottling, showed significant improvement:

• Revenue reached ₹4,258.00 million.
• EBITDA for this segment more than doubled, growing by 109% year-over-year to ₹222.00 million.
• Bulk Alcohol Sales increased to 54.52 million liters, up 11% year-over-year.

Market Developments

Globus Spirits faced some challenges but also saw positive developments in various markets:

• The company experienced temporary disturbance in New Delhi due to an excise policy change, but the business has since normalized.
• In Rajasthan, a key market for the company, Globus Spirits secured a price increase of 4.35%, which is expected to stabilize margins around 17.00%.
• The company has also entered the beer segment with the launch of CARIB® 500 ML Strong Beer in Uttar Pradesh.

Outlook

With improving raw material scenarios and stable demand for ENA, Globus Spirits appears well-positioned for continued growth. The company's focus on premium segments and expansion into new categories like beer suggests a strategic approach to capturing diverse market opportunities.

As Globus Spirits continues to navigate the dynamic spirits market in India, its strong performance sets a positive tone for the future.