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 Ltd latest results good or bad?

Northern Spirits Ltd's latest results show strong revenue growth of 12.89% year-on-year, reaching ₹596.24 crores, but profitability has declined, with net profit down 22.03% year-on-year and margins contracting, raising concerns about financial health and investor confidence. Overall, the results are mixed, indicating both positive sales performance and significant challenges in profitability.

Northern Spirits Ltd's latest results present a mixed picture. On one hand, the company achieved a significant revenue growth of 12.89% year-on-year, with net sales reaching ₹596.24 crores, marking its highest quarterly revenue ever. This reflects a positive trend in terms of top-line performance, indicating that the company is successfully increasing its sales.<BR><BR>However, the profitability metrics raise concerns. The net profit for Q3 FY26 was ₹7.18 crores, which represents a decline of 22.03% year-on-year and a decrease of 5.40% compared to the previous quarter. Additionally, both the operating margin and net profit margin have contracted, with the operating margin dropping to 2.11% from 2.43% in the prior quarter and significantly lower than the 4.00% achieved in the same quarter last year. This erosion of margins suggests that the company is facing challenges in maintaining profitability despite growing revenues.<BR><BR>Furthermore, the absence of institutional investor participation and high levels of promoter pledging raise red flags about the company's financial health and investor confidence. Overall, while the revenue growth is commendable, the declining profitability and structural challenges indicate that the latest results are not entirely positive. Investors should be cautious and consider these factors when evaluating the company's performance.

Should I buy, sell or hold Northern Spirits Ltd?

Why is Northern Spirits Ltd falling/rising?

As of 11-Mar, Northern Spirits Ltd's stock price is at 115.20, down 3.23%, and has underperformed its sector. The stock has declined 22.71% year-to-date and 26.83% over the past year, indicating a bearish trend and reduced investor interest.

As of 11-Mar, Northern Spirits Ltd's stock price is falling, currently at 115.20, which reflects a decrease of 3.85 or 3.23%. The stock has underperformed its sector by 1.9% today, indicating a weaker performance compared to its peers. Throughout the day, the stock reached a high of Rs 123 but also dipped to a low of Rs 114, showing significant volatility.<BR><BR>In terms of longer-term performance, the stock has seen a decline of 22.71% year-to-date and a substantial drop of 26.83% over the past year, contrasting sharply with the Sensex, which has gained 3.73% in the same period. Over three years, Northern Spirits has decreased by 50.19%, while the Sensex has increased by 29.98%. <BR><BR>Additionally, the stock is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically signals a bearish trend. Investor participation has also declined, with delivery volume dropping by 31.61% compared to the 5-day average, suggesting reduced interest among investors. Overall, these factors contribute to the ongoing decline in the stock price of Northern Spirits Ltd.

Why is Northern Spirits Ltd falling/rising?

As of 12-Mar, Northern Spirits Ltd's stock price is declining at 115.10, down -0.35%. The stock has significantly underperformed, with a year-to-date drop of -22.78% and a notable decrease in investor participation.

As of 12-Mar, Northern Spirits Ltd's stock price is falling, currently at 115.10, reflecting a change of -0.4 (-0.35%). The stock has been on a downward trend, having lost -3.32% over the last two days and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent decline in its price performance. <BR><BR>In terms of broader performance, the stock has underperformed significantly over various periods, with a year-to-date decline of -22.78% compared to a -10.78% drop in the Sensex. Over the past year, it has decreased by -25.26%, while the Sensex has gained +2.71%. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by -60.73% against the 5-day average, which suggests reduced interest in trading the stock. <BR><BR>Overall, these factors contribute to the current decline in Northern Spirits Ltd's stock price.

Which are the latest news on Northern Spirits?