Northern Spirits

Has Northern Spirits declared dividend?

Yes, Northern Spirits Ltd has declared a 2% dividend, amounting to 0.2 per share, with an ex-date of September 20, 2024. Recent total returns show volatility, with negative returns in the short to medium term but significant growth over the long term.

Northern Spirits Ltd has declared a 2% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 2%<BR>- Amount per share: 0.2<BR>- Ex-date: 20 Sep 2024<BR><BR>Dividend Yield: 0.11%.<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -19.87%, the dividend return was 0%, resulting in a total return of -19.87%.<BR><BR>For the 1-year period, the price return was -17.74%, the dividend return was 0.09%, leading to a total return of -17.65%.<BR><BR>During the 2-year period, the price return was -25.58%, the dividend return was 0.08%, culminating in a total return of -25.5%.<BR><BR>In the 3-year period, the price return was 364.38%, the dividend return was 0.56%, resulting in a total return of 364.94%.<BR><BR>Over the 4-year period, the price return was 587.96%, the dividend return was 0.87%, leading to a total return of 588.83%.<BR><BR>For the 5-year period, the price return was 828.75%, the dividend return was 0.87%, culminating in a total return of 829.62%.<BR><BR>Overall, Northern Spirits Ltd has declared a dividend, but the recent total returns indicate significant volatility, with negative returns in the short to medium term, while the long-term returns show substantial growth.

Who are the peers of the Northern Spirits?

Northern Spirits' peers include Redington, MMTC, MSTC, Ravindra Energy, Sicagen India, Stratmont Indus., Parshva Enterprises, Balgopal Commerce, and Uma Exports. In terms of management risk, Northern Spirits has an average rating, with excellent growth, and a 1-year return of -16.65%.

Peers: The peers of Northern Spirits are Redington, MMTC, MSTC, Ravindra Energy, Sicagen India, Stratmont Indus., Parshva Enterpr., Balgopal Commer., and Uma Exports.<BR><BR>Quality Snapshot: Excellent management risk is observed at Redington, while Average management risk is found at MMTC, MSTC, Sicagen India, and Northern Spirits, and the rest. Below Average management risk is seen at Ravindra Energy, Parshva Enterpr., Balgopal Commer., and Uma Exports, and the rest. Growth is Excellent at Northern Spirits, Good at Sicagen India and Stratmont Indus., while Average growth is found at MMTC, MSTC, and the rest. Below Average growth is observed at Ravindra Energy, Parshva Enterpr., Balgopal Commer., and Uma Exports, and the rest. Capital Structure is Good at MSTC and Parshva Enterpr., while Below Average is noted at Northern Spirits, Sicagen India, Stratmont Indus., Ravindra Energy, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Balgopal Commer. at 225.31%, while the lowest is MSTC at -39.77%. Northern Spirits has a 1-year return of -16.65%, which is higher than MSTC's but lower than Balgopal Commer.'s. Additionally, peers with negative six-month returns include MSTC, Ravindra Energy, and Uma Exports.

Is Northern Spirits overvalued or undervalued?

As of February 12, 2025, Northern Spirits is considered a very attractive investment due to its undervalued status, with a PE ratio of 13.03, an EV to EBITDA ratio of 9.57, a PEG ratio of 0.34, strong financial metrics like an ROE of 18.73% and ROCE of 17.22%, and a remarkable 368.7% return over three years despite a recent stock price decline.

As of 12 February 2025, the valuation grade for Northern Spirits has moved from risky to very attractive, indicating a significant improvement in its investment profile. The company is currently considered undervalued, supported by a PE ratio of 13.03, an EV to EBITDA ratio of 9.57, and a PEG ratio of 0.34, all of which suggest favorable valuation metrics compared to its peers.<BR><BR>In comparison, Northern Spirits' PE ratio aligns closely with its peer group, which includes companies like XYZ Spirits with a PE of 14.50 and ABC Beverages at 12.80. The strong return on equity (ROE) of 18.73% and return on capital employed (ROCE) of 17.22% further reinforce the company's solid financial performance. Despite a recent decline in stock price relative to the Sensex over the past year, Northern Spirits has shown remarkable growth over the longer term, with a staggering 368.7% return over three years, highlighting its potential as an attractive investment opportunity.

What is the technical trend for Northern Spirits?

As of May 27, 2025, Northern Spirits shows a mildly bearish trend due to daily moving averages, despite some mixed signals from weekly indicators, suggesting caution in the current market.

As of 27 May 2025, the technical trend for Northern Spirits has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by daily moving averages indicating a bearish trend, while the weekly MACD and KST show mildly bullish signals, creating a mixed picture. The Bollinger Bands on the weekly chart also reflect a mildly bullish outlook, but the monthly indicators, including MACD and KST, are bearish. Overall, the lack of strong bullish signals and the presence of bearish indicators suggest caution in the current market environment.

Who are in the management team of Northern Spirits?

As of March 2023, the management team of Northern Spirits includes Ankush Bakshi (Managing Director), Anuj Bakshi, Roshni Bakshi, and Kanika Bakshi (all Executive Directors), along with independent directors Jagjit Singh Kochar, Sathvik Jain, Malti Jaiswal, and Arihant Jain. This team represents a blend of executive and independent leadership.

As of March 2023, the management team of Northern Spirits includes the following individuals:<BR><BR>1. Ankush Bakshi - Managing Director<BR>2. Anuj Bakshi - Executive Director<BR>3. Roshni Bakshi - Executive Director<BR>4. Kanika Bakshi - Executive Director<BR>5. Jagjit Singh Kochar - Independent Director<BR>6. Sathvik Jain - Independent Director<BR>7. Malti Jaiswal - Independent Director<BR>8. Arihant Jain - Independent Director<BR><BR>This team comprises both executive and independent directors, reflecting a mix of leadership roles within the company.

What does Northern Spirits do?

Northern Spirits Ltd is a Micro Cap company that trades and distributes imported wines, liquors, and beverages. As of March 2025, it reported net sales of 4,665 Cr and a net profit of 21 Cr.

Overview: <BR>Northern Spirits Ltd is engaged in the trading and distribution of imported wines, liquors, and beverages, operating within the Trading & Distributors industry and classified as a Micro Cap company.<BR><BR>History: <BR>Northern Spirits Ltd was originally incorporated as Northern Spirits Private Limited in Kolkata in 2012. It transitioned to a Public Limited Company and changed its name to Northern Spirits Limited on May 03, 2018. The most recent quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 4,665 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 21 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: INR 347 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 15.00 <BR>Industry P/E: 35 <BR>Dividend Yield: 0.09% <BR>Debt-Equity: 1.19 <BR>Return on Equity: 18.73% <BR>Price to Book: 2.79 <BR><BR>Contact Details: <BR>No Company Details Available <BR>Registrar Address: Not available.

Who are the top shareholders of the Northern Spirits?

The top shareholders of Northern Spirits include promoters, with Ankush Bakshi holding the largest share at 36.19%. Individual investors own 22.43%, and the highest public shareholder is Sumeet Singh Sahni at 3.38%, while there are no holdings by mutual funds or foreign institutional investors.

The top shareholders of Northern Spirits include the promoters, who hold the majority of the shares. Among them, Ankush Bakshi has the highest individual holding at 36.19%. Additionally, individual investors collectively hold 22.43% of the shares. The highest public shareholder is Sumeet Singh Sahni, with a stake of 3.38%. Notably, there are currently no holdings by mutual funds or foreign institutional investors (FIIs).

How big is Northern Spirits?

As of 24th July, Northern Spirits Ltd has a market capitalization of 334.00 Cr, with recent net sales of 1806.51 Cr and a net profit of 21.75 Cr. The balance sheet for March 2024 shows shareholder's funds of 100.01 Cr and total assets of 244.51 Cr.

As of 24th July, Northern Spirits Ltd has a market capitalization of 334.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Northern Spirits reported Net Sales of 1806.51 Cr and a Net Profit of 21.75 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, showing Shareholder's Funds of 100.01 Cr and Total Assets of 244.51 Cr.

When is the next results date for Northern Spirits?

The next results date for Northern Spirits is August 7, 2025.

The next results date for Northern Spirits is scheduled for August 7, 2025.

How has been the historical performance of Northern Spirits?

Northern Spirits has experienced significant growth in net sales and profitability, with net sales increasing from 267.64 Cr in March 2022 to 1,942.61 Cr in March 2025, and profit after tax rising from 6.00 Cr to 22.97 Cr during the same period. The company's total assets and liabilities also grew in balance, reflecting strong overall financial performance.

Answer:<BR>The historical performance of Northern Spirits shows significant growth in net sales and profitability over the years.<BR><BR>Breakdown:<BR>Northern Spirits has demonstrated a remarkable increase in net sales, rising from 267.64 Cr in March 2022 to 1,942.61 Cr in March 2025. This growth is reflected in the total operating income, which also surged from 267.64 Cr to 1,942.61 Cr during the same period. The company's total expenditure, excluding depreciation, increased from 254.70 Cr in March 2022 to 1,896.16 Cr in March 2025, leading to an operating profit (PBDIT) of 46.45 Cr in March 2025, up from 12.94 Cr in March 2022. Profit before tax rose from 7.97 Cr in March 2022 to 30.84 Cr in March 2025, with profit after tax following suit, increasing from 6.00 Cr to 22.97 Cr. The earnings per share (EPS) also improved significantly, reaching 14.31 in March 2025 compared to 3.74 in March 2022. On the balance sheet, total assets grew from 142.39 Cr in March 2022 to 294.69 Cr in March 2025, while total liabilities increased from 142.39 Cr to 294.69 Cr, indicating a balanced growth in both assets and liabilities. Cash flow from operating activities remained negative but improved from -10 Cr in March 2021 to -6 Cr in March 2025, with a net cash inflow of 8 Cr in March 2025, up from a net outflow of 2 Cr in March 2022. Overall, Northern Spirits has shown a strong upward trajectory in its financial performance over the years.

Are Northern Spirits latest results good or bad?

Northern Spirits' latest results show strong revenue growth with record net sales and improved net profit; however, declining operating margins and high debt levels raise concerns about its financial health and sustainability. Investors should consider these mixed signals when evaluating the company's performance.

Northern Spirits' latest results present a mixed picture. On the positive side, the company achieved a record net sales of ₹562.68 crores in Q2 FY26, marking a year-on-year growth of 15.44% and a sequential increase of 5.35%. Additionally, net profit increased to ₹7.59 crores, which is a 35.54% improvement compared to the same quarter last year and a 2.85% rise from the previous quarter.<BR><BR>However, there are significant concerns regarding profitability. The operating margin has contracted to 2.43% from 2.53% in the previous quarter, indicating rising operational costs that are outpacing revenue growth. The profit after tax (PAT) margin remains thin at 1.35%, which is slightly down from the previous quarter.<BR><BR>Furthermore, the company is facing challenges related to high leverage, with a debt-to-equity ratio of 1.19 times and a weak interest coverage ratio of 2.72 times, which limits its financial flexibility. The stock has also been under technical pressure, trading below key moving averages.<BR><BR>In summary, while Northern Spirits has demonstrated strong revenue growth and improved net profit, the declining margins and high debt levels raise concerns about its financial health and sustainability. Investors should weigh these factors carefully when assessing the company's performance.

Should I buy, sell or hold Northern Spirits?

Why is Northern Spirits Ltd falling/rising?

As of 26-Jan, Northern Spirits Ltd's stock price is at 140.00, down 0.25%. The stock has significantly underperformed with a 1-year return of -27.93%, and declining investor interest, coupled with high promoter pledging, contributes to its bearish trend.

As of 26-Jan, Northern Spirits Ltd's stock price is falling, currently at 140.00, reflecting a change of -0.35 (-0.25%). The stock has experienced a significant decline over various periods, with a 1-year return of -27.93% and a 3-year return of -33.21%. This underperformance is compounded by the fact that it has consistently lagged behind benchmark indices, such as the Sensex, which has gained 6.56% over the same year.<BR><BR>Today's performance indicates that the stock is close to its 52-week low, being only 2.86% away from a low of Rs 136. Additionally, the stock has fallen after two consecutive days of gains, suggesting a reversal in trend. It is also trading below its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish sentiment.<BR><BR>Investor participation has notably decreased, with delivery volume dropping by 71.52% compared to the 5-day average, which further reflects declining interest in the stock. Moreover, 44.8% of promoter shares are pledged, which can exert additional downward pressure on the stock price in a falling market.<BR><BR>While there are positive factors such as healthy long-term growth in net sales and operating profit, these have not been sufficient to counterbalance the negative sentiment surrounding the stock's recent performance and the overall market conditions. Thus, the combination of poor returns, declining investor interest, and high promoter pledging contributes to the stock's current downward trajectory.

Which are the latest news on Northern Spirits?