Globus Spirits Ltd

Meeting Details

• Date and time: Monday, 31 August 2026 at 02:00 PM.
• Interaction with: River Global; one-to-one; physical meeting.

Purpose

• Purpose: one-to-one investor/analyst meeting; use Q1 FY27 investor presentation.

Presentation Availability

• Investor presentation for Q1 FY27 is publicly available on company and stock exchanges' websites.

Meeting Details

• Date and time: Friday, 28 August 2026 at 04:00 PM.
• Interaction with: Maximal Capital.
• Mode: Virtual; Type: One-to-one.

Participants

• Company participants: Management team (roles not specified).

Purpose

• Purpose: discuss Q1 FY27 results using investor presentation.

Additional Notes

• Presentation: Q1 FY27 investor presentation (July 2026) publicly available; will be used in meeting.

Financials

• Consolidated total income: ₹362,554.99 Lakhs; FY26 up ~2.7% YoY.
• Consolidated PAT: ₹9,105.49 Lakhs.
• Standalone total income: ₹3,621.85 Crore; up 2.69% YoY.
• Standalone PBT: ₹122 Crore.
• Consolidated Basic EPS: ₹31.70; Diluted ₹31.65.
• Gross margin FY26: 34%.

Growth & Portfolio

• P&A revenue ₹164 Crore; volumes 1.19 million cases; YoY +27%.
• Revenue split Manufacturing 60%, Consumer 40%.
• Launches: DOAAB Expression 02; Terai Vodka; Mountain Oak premium range.

Manufacturing & Capacity

• Installed capacity: 334 million litres; six distilleries; 80% util.
• Export ENA volumes: 3.7 million litres in Q4 FY26.
• Integrated grain-to-glass model supports scale and efficiency.

Capital & Dividends

• Dividend proposed: ₹6.53 per share; payout 65.3%.
• Debt-to-Equity improved to 0.48x FY26 from 0.54x FY25.
• Debt refinancing completed; stronger balance sheet.

CSR & Governance

• CSR spend ₹243.25 lakh vs obligation ₹204.60 lakh; no shortfall.
• CSR projects: East Singhbhoom (Jharkhand) & Purba Burdwan (WB) – ₹116.58 lakh.
• CSR partnerships with IPSF and InShakti; governance robust.

Outlook & Risks

• Outlook: premiumisation; expansion to 17 states; target Premium share 25% by FY28-29.
• EBITDA margin target: 15-17%; geography expansion across states.
• Regulatory and policy developments remain a key risk.

AGM Details

• Date/time: 15 September 2026 at 12:00 Noon.
• Mode: VC/OAVM at the registered office.
• Record date for e-voting and dividend: 8 September 2026.

Dividend

• Dividend of Re 6.53 per equity share approved.

Ordinary Business

• Adopt audited Consolidated and Standalone financial statements for year ended 31 March 2026.
• To appoint Amitabh Singh as Director, retiring by rotation.

Special Resolutions

• MD Ajay Kumar Swarup reappointed for five years from 1 December 2026.
• Remuneration terms approved for Ajay Kumar Swarup as MD.
• Remuneration approved for Shekhar Swarup as Joint MD & CEO.
• Remuneration approved for Amitabh Singh as Executive Director.
• Remuneration approved for Rajesh Kumar Malik as Executive Director.
• ESOP 2025-A: approve granting up to 2,90,679 options; amend/ratify; listing authorized.
• Ratify Cost Auditor remuneration of Rs 80,000 plus service tax for 2026-27.

Director Changes

• Ajay Kumar Swarup reappointed as MD for five years.
• Shekhar Swarup reappointed as Joint MD & CEO.
• Amitabh Singh reappointed as Executive Director.
• Rajesh Kumar Malik reappointed as Executive Director.

ESOP Details

• ESOP 2025-A: up to 2,90,679 options to eligible employees.
• Vesting after minimum one year; exercise price to be decided.

Auditors

• Cost Auditor remuneration ratification for 2026-27.

Tax appeals relief

• Complete relief secured on tax appeals for AY 2014-15 to 2016-17.
• Total relief amounting to ₹6,34,53,485; remaining period appeal ongoing.
• Company remains confident of closing the remaining appeal; updates to follow.

Meeting Details

• Date and time: 20 August 2026 at 10:00 AM IST
• Type and mode: one-to-one and group meeting; physical in Mumbai
• Event/organiser: DAM Capital Alcoholic Beverages Sector Conference 2026
• Purpose: investor interaction at sector conference
• Presentation: Q1FY27 investor deck will be used; public

Participants

• Interaction with institutional investors/fund managers
• Key company participants (management) not disclosed

Additional Notes

• Investor presentation (Q1FY27) publicly available on company's and stock exchanges' websites

Key holdings and changes

• Target: Globus Spirits Limited.
• Acquirers: MIT and 238 Plan Associates LLC; PAC with each other.
• Acquirers not part of promoter/promoter group.
• Exchanges: NSE and BSE.
• Pre-acquisition holding: MIT 1,100,000 shares (3.78%); 238 Plan 195,000 shares (0.67%).
• Total pre-acquisition holding: 1,295,000 shares (4.45%).
• Acquisition details: MIT 1,044,295 shares (3.32%); 238 Plan 385,935 shares (1.23%).
• Total acquired: 1,430,230 shares (4.55%).
• Post-acquisition holding: MIT 2,144,295 shares (6.82%); 238 Plan 580,935 shares (1.85%).
• Combined post-acquisition holding: 2,725,230 shares (8.66%).
• Mode: Open market purchases under Qualified Institutions Placement.
• Date of allotment/threshold: 6 August 2026.
• Earlier acquisitions: between 5 September 2019 and 6 August 2026.
• Before: 29,080,341 equity shares (₹10 FV) = ₹290,803,410.
• After: 31,461,293 equity shares (₹10 FV) = ₹314,612,930.
• Total diluted post-acquisition: 31,461,293 equity shares.

Transaction details

• Globus Spirits raised ₹200 crore via QIP.
• Allotted 23,80,952 equity shares at ₹840 each.
• Use of proceeds: repay/prepay borrowings and general corporate purposes.
• Lead Manager: Nuvama Wealth Management Limited.
• Date: 7 August 2026.

Capital structure and outlook

• Debt restructuring completed prior to QIP, improving balance sheet.
• Proceeds strengthen balance sheet and financial flexibility for growth.
• Deal supports the company's consumer-led growth strategy.

QIP closure details

• Closure of the QIP approved for August 6, 2026, with funds in escrow from eligible QIBs.
• Placement document dated August 6, 2026.
• Issue price ₹840 per share for 23,80,952 shares; total ~₹2.0 billion; discount ₹43.67 (4.94%).
• Allocation confirmation note to be sent to eligible QIBs.