{"id":136971,"date":"2022-11-18T09:21:32","date_gmt":"2022-11-18T14:21:32","guid":{"rendered":"https:\/\/44.250.171.167\/?p=136971"},"modified":"2022-11-18T09:21:33","modified_gmt":"2022-11-18T14:21:33","slug":"globus-spirits-limited-q2-fy23-earnings-conference-call-insights","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/globus-spirits-limited-q2-fy23-earnings-conference-call-insights\/","title":{"rendered":"Globus Spirits Limited Q2 FY23 Earnings Conference Call Insights"},"content":{"rendered":"<p><strong>Key highlights from Globus Spirits Limited (<a href=\"https:\/\/44.250.171.167\/symbol\/GLOBUSSPR\/\">GLOBUSSPR<\/a>) Q2 FY23 Earnings Concall<\/strong><\/p>\n<p><strong>Q&amp;A Highlights:<\/strong><\/p>\n<ul>\n<li>[00:19:03] Abneesh Roy from Nuvama asked if inflation in glass in 2H23, that\u2019s used in the premium side of the portfolio, will continue. Shekhar Swarup Joint MD replied that in 2H23 there will be further inflation in glass prices. However, GLOBUSSPR has budgeted for a lot of this increase so it\u2019s still quite comfortable on the actual cost of production vs. budgeted.<\/li>\n<\/ul>\n<ul>\n<li>[00:26:25] Prithvi Raj from Unifi Capital asked about the breakup of other expenses. Nilanjan Sarkar CFO answered that mainly 52-55% of the other expense is in power and fuel. And the other breakup of other expenses includes, freight expenses, IMFL above the line topline marketing expenses, and other expenses relating to bottling.<\/li>\n<\/ul>\n<ul>\n<li>[00:28:22] Nitin Awasthi from InCred enquired if the company has brands in the IMFL segment in the regular and the others category. Shekhar Swarup Joint MD clarified that the company doesn\u2019t have any brands in IMFL which does not fall into Prestige and above category.<\/li>\n<\/ul>\n<ul>\n<li>[00:44:37] Tarang Agrawal from Old Bridge enquired that if the rice husk price is benchmark to the extent of coal prices. Shekhar Swarup Joint MD answered that there is no formal benchmarking. GLOBUSSPR sees power plants or rather Industries shifting between rice husk and coal and as a result an equilibrium gets maintained.<\/li>\n<\/ul>\n<ul>\n<li>[00:45:58] Kshitij Saraf from Tusk Investments asked about the guidance in terms of operating margin over the next two quarters and FY24. Shekhar Swarup Joint MD said that the company is expecting to see margins being north of 15% in the coming quarters, but does not expect them to come to the same levels as last year.<\/li>\n<\/ul>\n<ul>\n<li>[00:52:52] Rushabh Doshi from Nirmiti Investment asked that in the next 1-2 quarters, what does the company expects to happen with the consumer volumes. Paramjit Gill CEO said that in Haryana, the company is seeing recovery. In Rajasthan, there\u2019s temporary blip. However, GLOBUSSPR believes in the next couple of quarters it will all be inching up significantly.<\/li>\n<\/ul>\n<ul>\n<li>[00:54:23] Hitesh Sharma from Whitesky asked if there is any plans to add natural gas as a fuel since the company\u2019s bill for fuels is extremely high. Paramjit Gill CEO clarified that natural gas is more costly fuel vs. coal and rice husk. Also the capex required to become biogas enabled is high.<\/li>\n<\/ul>\n<ul>\n<li>[00:58:24] Sneha Jain from SKS Capital enquired about the growth the company is seeing going forward. Shekhar Swarup Joint MD replied that gradually the company expects to come back to 16-18% kind of margin levels. GLOBUSSPR has also begun to see softening in costs which should take margins back to the levels that all want.<\/li>\n<\/ul>\n<ul>\n<li>[01:01:33] Prithvi Raj from Unifi Capital enquired when the company will come to the new tax regime on the income tax rate. \u00a0Shekhar Swarup Joint MD said it was expected to come from FY23. However, with the reduction in PBT, it makes more sense to utilize the balance MAT credit and take advantage of accelerated depreciation available for FY23. So from FY24 new regime is expected.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Key highlights from Globus Spirits Limited (GLOBUSSPR) Q2 FY23 Earnings Concall Q&amp;A Highlights: [00:19:03] Abneesh Roy from Nuvama asked if inflation in glass in 2H23, that\u2019s used in the premium side of the portfolio, will continue. Shekhar Swarup Joint MD replied that in 2H23 there will be further inflation in glass prices. However, GLOBUSSPR has [&hellip;]<\/p>\n","protected":false},"author":1767,"featured_media":125416,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"Globus Spirits Limited Q2 FY23 Earnings Conference Call Insights #GLOBUSSPR #Q2 #FY23 #Earnings #Stocks","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[9825,392,12],"tags":[8977,10169],"class_list":["post-136971","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings-call-highlights","category-earnings","category-other-industries","tag-beverages-wineries-distilleries","tag-earnings"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":133034,"url":"https:\/\/alphastreet.com\/india\/globus-spirits-limited-q1-fy23-earnings-conference-call-insights\/","url_meta":{"origin":136971,"position":0},"title":"Globus Spirits Limited Q1 FY23 Earnings Conference Call Insights","author":"Praveen","date":"August 11, 2022","format":false,"excerpt":"https:\/\/youtu.be\/3rGt9LGV_mk Key highlights from Globus Spirits Limited (GLOBUSSPR) Q1 FY23 Earnings Concall Management Update: GLOBUSSPR said its Jharkhand facility is ready for operations and will be in production later in August 2022. And with this, the total installed capacity of alcohol production will increase from 23 crore liters per annum\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":128236,"url":"https:\/\/alphastreet.com\/india\/globus-spirits-limited-q3-fy22-earnings-conference-call-insights\/","url_meta":{"origin":136971,"position":1},"title":"Globus Spirits Limited Q3 FY22 Earnings Conference Call Insights","author":"Praveen","date":"March 11, 2022","format":false,"excerpt":"https:\/\/youtu.be\/cAo09jaS1Hc Key highlights from Globus Spirits Limited (GLOBUSSPR) Q3 FY22 Earnings Concall \u00a0Q&A Highlights: Prithvi Raj with Unifi Capital asked about the kind of volume run rate that can be expected from Q422 onwards in the ENA sales. Shekhar Swarup, Joint MD stated that from a production of ENA plus\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":169888,"url":"https:\/\/alphastreet.com\/india\/globus-spirits-q1-fy26-earnings-results-revenue-up-9-net-profit-rises-20-yoy\/","url_meta":{"origin":136971,"position":2},"title":"Globus Spirits Q1 FY26 Earnings Results","author":"Divyansh_Kasana","date":"August 7, 2025","format":false,"excerpt":"Globus Spirits Limited, established in 1992, is a prominent player in the alcoholic beverages industry, engaged in the manufacture and sale of Indian Made Indian Liquor (IMIL), Indian Made Foreign Liquor (IMFL), bulk alcohol, hand sanitizers, and franchise bottling. The company operates a comprehensive 360\u00b0 business model covering the entire\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"GLOBUSSPR Q1 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/GLOB.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/GLOB.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/GLOB.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/GLOB.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/GLOB.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/GLOB.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":135529,"url":"https:\/\/alphastreet.com\/india\/upl-limited-q2-fy23-earnings-conference-call-insights\/","url_meta":{"origin":136971,"position":3},"title":"UPL Limited Q2 FY23 Earnings Conference Call Insights","author":"Praveen","date":"November 4, 2022","format":false,"excerpt":"https:\/\/youtu.be\/5-JqzHgqTYg Key highlights from UPL Limited (UPL) Q2 FY23 Earnings Concall Q&A Highlights: [00:21:47] Abhijit Akella of Kotak Securities asked about the net debt guidance for end of FY23. Anand Vora Global CFO replied that $650 million will be gross debt reduction. Of that about $150 million is used for\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":147341,"url":"https:\/\/alphastreet.com\/india\/earnings-summary-of-globus-spirits-limited-for-q4-fy23\/","url_meta":{"origin":136971,"position":4},"title":"Earnings Summary Of Globus Spirits Limited For Q4 FY23","author":"Hardik Bhandare","date":"May 25, 2023","format":false,"excerpt":"Globus Spirits Limited is a leading Indian company engaged in the production, marketing, and distribution of alcoholic beverages. Established in 1993, the company has emerged as one of the key players in the spirits industry in India. Globus Spirits' business primarily revolves around the manufacturing of various alcoholic beverages, including\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-20.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-20.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-20.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-20.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-20.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-20.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":134910,"url":"https:\/\/alphastreet.com\/india\/larsen-toubro-infotech-limited-q2-fy23-earnings-conference-call-insights\/","url_meta":{"origin":136971,"position":5},"title":"Larsen &#038; Toubro Infotech Limited Q2 FY23 Earnings Conference Call Insights","author":"Praveen","date":"October 19, 2022","format":false,"excerpt":"https:\/\/youtu.be\/ydUfobytXIg Key highlights from Larsen & Toubro Infotech Limited (LTI) Q2 FY23 Earnings Concall Q&A Highlights: [00:22:04] Ashwin Mehta from Ambit Capital enquired why the company\u2019s cash generation is so weak and its outlook. Anil Rander CFO answered that last quarter LTI did have an incentive payment on which there\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/136971","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1767"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=136971"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/136971\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/125416"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=136971"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=136971"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=136971"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}