Globus Spirits Declares ₹2.76 Dividend Amid Steady Q4 Revenue, Margins Remain Tight

Image Source: Dr Vijay Malik

Globus Spirits Ltd, a leading player in India’s distillery and alcoholic beverages sector, has announced a dividend of ₹2.76 per share for the March 2025 quarter, continuing its tradition of rewarding shareholders despite a challenging operating environment. The company’s quarterly results reflect resilience in revenue but highlight ongoing margin pressures.

Key Highlights:

Dividend Announcement: The Board has recommended a final dividend of ₹2.76 per share for FY25, reinforcing Globus Spirits’ commitment to shareholder value. This follows a consistent track record of annual payouts, with recent years seeing dividends between ₹2 and ₹6 per share.
Revenue Performance: For the March 2025 quarter, consolidated revenue from operations stood at ₹8.75 billion, maintaining stability in top-line performance despite sector headwinds and fluctuating raw material costs.
Profitability Snapshot: Net profit for the quarter was ₹55.5 million, reflecting continued pressure on margins due to elevated input and operational expenses. The company’s focus remains on cost management and operational efficiency to navigate the volatile market landscape.
Operational Insights: While revenue has held steady, Globus Spirits faces challenges from rising costs and competitive pricing, impacting its bottom line. The management is actively pursuing strategies to optimize production and enhance value-added product segments.
Market Perspective: With a current share price hovering around ₹1,000, Globus Spirits remains an attractive dividend play for investors seeking stable returns in the breweries and distilleries sector.