Globus Spirits is surely all kicked up today. With an intra day high a Rs.82, one thought it was not too far away from its 52-week high of Rs.91.20. It has come down to Rs.79 levels as of now but remains over 9% up.

The reason for this intoxication with Globus is its very good show for Q1FY17. On a 24% (YoY) rise in total income at Rs.196 crore, the company posted a smart 80% jump up in net profit at Rs.6 crore. But a 24% rise in total costs  led to EBITDA margin dropping from 10.4% to 9.8% despite a 17% rise in EBITDA at Rs.19 crore. There was also a 43% rise in tax outgo. The company is equity heavy at Rs.28.80.

The company caters to four segments of the alcohol industry – Indian Made Indian Liquor (IMIL), Indian Made Foreign Liquor (IMFL), IMFL Bottling and Bulk Alcohol. And its brands includes Country Club, Nimboo, White Lace, Hannibal Legend amongst many more.