Key Business Updates Q1 FY2025-26
Consumer Business
  • Prestige & Above: Strong growth - Volumes were up 40% QoQ and Revenue up 36% QoQ
  • Temporary Disturbance in New Delhi due to excise policy change in June. Business has normalised since.
  • Prestige & Above category broke even for two months in Q1. On Path to become profitable.
  • Regular & Others: Rajasthan secured a price increase of 4.35% effective Apr’25, Margins to stabilise around 17% as per expectations
  • Regular & Others: Rajasthan continues to perform well with. Volume growth of 8% YoY. Overall volumes grew at 1% YoY due to contraction in Haryana and Delhi. Margins for the quarter 17%
Manufacturing Business
  • Capacity utilisation at 81% (72% in Q1FY25 and 67% in Q3FY25). Growth likely due to improved Raw Material scenario. No challenge expected on demand side.
  • Bulk Alcohol Sales at 54.52 Mn Ltrs (up 10% QoQ and up 11% YoY) due to improved capacity utilisation
  • Input / Grain Cost – Broken Rice and Maize declined 4% and 9% QoQ respectively due to maize harvest and increased supply of rice
  • ENA demand and prices were stable for the quarter, demand expected to grow in Q2 & Q3 ahead of festive season.
  • Fuel Cost Up by 12% QoQ in line with expectations due to seasonality
Status of Projects
  • Total installed capacity is of 301 Million Liters at the end of FY 24.
  • Uttar Pradesh Bottling unit was commissioned in Apr’24 to cater to the consumer business.
  • UP project- Construction of Multi-Feed distillery capacity is underway and likely to be complete in Q3FY26.
  • The project is aimed be a strategic supply hub for expansion of our entire portfolio of brands in the the State.
  • Location of plant gives access to Maize, Rice and Molasses. The plant is also centrally located in the state to keep logistics costs and service period low.
Performance Results: Q1 & FY25-26
Particulars Q1 FY26 Q-o-Q % Y-o-Y %
EBITDA (in Crs) 60.03 40% 20%
Prestige and Above - Growth Trajectory Continues

- Business is operating at close to break even rate (April and May’25). Delhi policy change impacted June’25; leading to an overall EBITDA margin of -3% in Q1FY26
- Delhi Liquor Policy extended till March 2026; Business is now as usual
- Uttar Pradesh(UP) continues to progress well; Other states’ performance is in line with expectations

PBT (in Crs) 23.78 165% 6%
Regular and Others - Margin Stable QoQ at 17%

- EBITDA decline on YoY basis is on account of exceptional revenue mix in Q1FY25
- Strong revenue growth due to price increase and improving product mix in Rajasthan
- Total segment Volume growth muted due to erratic policy actions in Delhi and Haryana.

Revenue - Prestige & above (Mn) 407 50%
Manufacturing - Recovery in Margins

- EBITDA per litre at ~Rs 4.15 in Q1FY26
- Capacity Utilization stood at 81% in Q1FY26
- Further growth in capacity utilisation expected in balance period of the year.

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Announcements
What is Globus Spirits' area of operations?
Quarterly Compliance Report on Corporate Governance
March 31, 2013
Disclosure under Regulation 30(1) & 30(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011
March 31, 2013
Form D : Regulation 13 (4A) – Details of change in shareholding or voting rights held by Promoter or Person who is part of Promoter Group of a listed company
March 22, 2013
Disclosures under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011
March 22, 2013
What is Globus Spirits' area of operations?
Globus Spirits is one of the leading players in the Indian Alcoholic Beverages Industry. With an integrated production process in place, the Company is present across the value chain of the alcohol industry – Bulk Alcohol, Value Spirit Segment, Prestige Spirit Segment, Bottling for international players and alcohol By-products.