Globus Spirits Limited — PPTs, 12-02-2025: Investor Presentation

**Financial Highlights:** In Q3 FY25, Globus Spirits reported net revenues of ₹6,015 Mn, a 12.5% decrease YoY, while EBITDA stood at ₹328 Mn, reflecting a 23.8% decline. The EBITDA margin decreased to 5% compared to 6% in Q3 FY24. Despite lower revenues, the 9MFY25 results showed a slight increase in total income to ₹18,815 Mn, up 3.1% YoY.

**Strategic Initiatives and Growth Drivers:** The company has launched seven new brands, expanding its portfolio to 11 brands across various segments. The recent launches are expected to drive growth, aided by a strong focus on the high-growth Prestige & Above segment, with launches in Uttar Pradesh set to bolster sales.

**Business Developments:** Capacity utilization for ethanol peaked at 50%, but improvements are anticipated with favorable policy changes from FCI to enhance raw material supply. The company is also making significant investments in its Uttar Pradesh facility, expected to streamline production and reduce costs by Q2 FY26.

**Market Position and Competitive Advantage:** Globus Spirits is capitalizing on its enhanced route-to-market efficiencies and innovative product offerings, positioning itself strongly within a competitive landscape.

**Investor Implications:** The current financial performance presents both challenges and opportunities. While Q3 results show pressures from input costs, the strategic growth initiatives and market expansions indicate a positive outlook moving forward, making it a stock to watch closely.