1. India Stocks

  2. •

    Consumer non-durables

  3. •

    Beverages: alcoholic
Northern Spirits Ltd.

Northern Spirits Ltd.

BBSE:NSL
114.10
INR
-1.05
(-0.91%)
17.99EPS
6.86P/E
1.98BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
0.61
0.99
2
10.79
16.12
104.55
100.18
95.31
166.74
564.03
769.6
1,210.26
1,438.51
1,471.58
Basic EPS, GAAP
0.01
0.06
-0.32
0.33
0.63
9.54
2.25
1.85
3.74
6.94
10.32
14.31
16.91
17.99
Free Cash Flow per Basic Share
-0.17
-1.91
0.39
0.14
-4.32
-47.76
-7.61
-6.25
-0.1
-14.05
-14.87
-5
4.33
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.25
0.3
- -
Book Value per Share
-0.02
0.04
0.64
0.98
3.99
35.08
39.46
41.3
45.04
51.98
62.31
76.39
92.93
- -
Tangible Book Value per Share
-0.02
0.04
0.64
0.98
3.99
35.08
39.46
41.3
45.04
51.98
62.31
76.39
92.93
- -
Basic Weighted Avg Shares
16
16
16
16
16
11
16
16
16
16
16
16
16
16
Sales/Revenue/Turnover
10
16
32
173
259
1,103
1,608
1,530
2,676
9,053
12,353
19,426
23,090
23,736
Operating Margin (%)
-0.84
2.64
-13.7
4.75
6.15
18
5.11
5.22
4.79
2.47
2.48
2.38
2.14
2.2
Depreciation Expense
- -
- -
- -
- -
1
3
2
2
1
2
2
3
6
6
Net Income, GAAP
- -
1
-5
5
10
101
36
30
60
111
166
230
271
290
Effective Tax Rate (%)
0.85
15.42
- -
18.91
25.32
34.9
28.39
27.96
24.65
25.36
25.67
25.51
24.99
24.94
Profit Margin (%)
2.25
6.07
-15.8
3.07
3.93
9.12
2.25
1.94
2.24
1.23
1.34
1.18
1.18
1.22
Working Capital
-3
-22
-15
-17
13
297
528
635
719
807
932
1,133
1,384
- -
LT Debt
- -
19
17
16
- -
- -
- -
76
100
78
37
22
7
- -
Total Equity
- -
1
10
16
64
412
633
663
723
834
1,000
1,226
1,492
- -
Return on Invested Capital (%)
- -
1.62
- -
20.81
15.64
25.06
5.91
4.95
7.24
10.3
10.86
12.94
11.35
- -
Return on Capital (%)
- -
4.44
- -
22.24
15.62
26.64
6.16
5
7.27
10.37
11.06
13.03
11.63
- -
Return on Common Equity (%)
- -
- -
-92.84
40.93
25.48
42.24
6.91
4.58
8.66
14.3
18.07
20.64
19.97
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
2,083
- -
LT Borrowings
- -
7
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
16
16
16
Market Capitalization
2,392
1,554
1,982

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
3,697
- -
Cash, Cash Equivalents & STI
- -
551
- -
Accounts Receivable, Net
- -
1,874
- -
Inventories
- -
1,250
- -
Total Current Liabilities
- -
2,313
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
2,083
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
105.05%
17.71%
21.66%
Free Cash Flow
1,098.62%
2,753.58%
-186.73%
Net Income, GAAP
98.75%
58.68%
18.16%
Sales/Revenue/Turnover
128.06%
85.16%
18.86%
Total Cash Common Dividend
- -
- -
19.99%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
4,606
4,874
5,282
4,665
19,426
2026
5,341
5,627
5,962
6,159
23,090
2027
5,988
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
3.78
3.49
5.74
1.32
14.31
2026
4.6
4.73
4.47
3.04
16.91
2027
5.78
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
0.25
2026
- -
- -
- -
- -
0.3
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Ankush Bakshi
Full Time Employees
66
Sector
Consumer non-durables
Industry
Beverages: alcoholic
Address
Woodburn Central Kolkata WB India 700020
IPO Date
Apr 4, 2019
Website
northernspirits.co.in
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Business
Northern Spirits Limited is a key player in the import, trading, and distribution of alcoholic beverages across India. The company manages a comprehensive portfolio encompassing various international and domestic spirits, wines, and beers, catering to diverse market demands. Their offerings feature a wide array of prominent brands such as Pernod Ricard, Bacardi, Carlsberg, William Grant & Sons, Brown-Forman, Campari India, AB InBev, and Fratelli, among others, with exclusive associations across multiple Indian regions including Bengal, Uttar Pradesh, and North East India. Established as a private limited company on September 13, 2012, and later converting to a public limited company, listing on the BSE SME platform on April 4, 2019, Northern Spirits has significantly expanded its market presence. Headquartered in Kolkata, India, the firm leverages an extensive distribution network across North, East, and North East India, including major areas like New Delhi and Uttar Pradesh. Recently, the company has shown robust financial growth, reporting a substantial increase in revenue and net profit in Q1 FY2026. Northern Spirits has also entered the premium wine segment with the launch of its Italian wine label, 'SAN MICHE'-Piedmonte Barbera DOC, signaling a strategic expansion into luxury beverages.