Globus Spirit

• Indian Liquor Industry : Valued at US$ 23 Billion : Rs.1,26,500 Crores.
• With growing economy, growing salaries, young working population, migration to cities, consumption of liquor is bound to increase over time.
• 25% market share held by Globus spirit.
• Globus Spirit - started in 1992.
• Business includes manufacturing and franchisee of international brands.
• Current year profit @ Rs.558 Crores - up from Rs.113 crores five years back.
• Net profit at Rs.40 crores Vs Rs.8 crores five years back.
• Current Book Value : Rs.115
• EPS: Rs.16.89
• @ current price of Rs.112, PE works out to : 6.63
• Sizable upside possible in next 4 years
• Investors with 4 years outlook can invest in this stock.