Northern Spirits

Why is Northern Spirits Ltd falling/rising?

As of 11-Aug, Northern Spirits Ltd's stock price is at 128.25, reflecting a decline of 1.6 or 1.23%. The stock has significantly underperformed, with a year-to-date drop of 13.96% and a 35.54% decrease over the past year, indicating ongoing bearish sentiment.

As of 11-Aug, Northern Spirits Ltd's stock price is falling, currently at 128.25, which reflects a decrease of 1.6 or 1.23%. The stock has underperformed against its sector by 0.37% today and opened significantly lower, with a loss of 4.81%. It reached an intraday low of Rs 123.6, indicating a substantial decline during the trading session.<BR><BR>In terms of performance over various periods, the stock has shown a year-to-date decline of 13.96% and a staggering 35.54% drop over the past year. Over the last three years, the stock has decreased by 72.23%, contrasting sharply with the Sensex, which has gained 19.64% in the same timeframe. Although there was a slight increase of 0.94% over the past month, this is overshadowed by the overall negative trends.<BR><BR>Additionally, while there has been a rise in investor participation, with delivery volume increasing by 70.77% against the five-day average, the stock's performance remains weak relative to its moving averages. It is currently lower than the 5-day, 20-day, and 200-day moving averages, which typically indicates bearish sentiment. Overall, these factors contribute to the ongoing decline in Northern Spirits Ltd's stock price.

Which are the latest news on Northern Spirits?

Should I buy, sell or hold Northern Spirits Ltd?

What does Northern Spirits do?

Northern Spirits Ltd is a Micro Cap company engaged in the trading and distribution of imported wines, liquors, and beverages. As of March 2026, it reported net sales of 616 Cr and a net profit of 5 Cr.

Overview: <BR>Northern Spirits Ltd is primarily 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 3, 2018. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 616 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 5 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 201 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 7.00 <BR>Industry P/E: 21 <BR>Dividend Yield: 0.24% <BR>Debt-Equity: 1.03 <BR>Return on Equity: 18.19% <BR>Price to Book: 1.36 <BR><BR>Contact Details: <BR>Details: No Company Details Available <BR>Registrar Address: Not available.

How big is Northern Spirits?

As of 10th June, Northern Spirits Ltd has a market capitalization of 201.00 Cr, with recent net sales of 2308.96 Cr and a net profit of 27.13 Cr. The balance sheet for March 2025 shows shareholder's funds of 122.61 Cr and total assets of 294.69 Cr.

As of 10th June, Northern Spirits Ltd has a market capitalization of 201.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Northern Spirits reported Net Sales of 2308.96 Cr and a Net Profit of 27.13 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, showing Shareholder's Funds of 122.61 Cr and Total Assets of 294.69 Cr.

Who are in the management team of Northern Spirits?

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. They oversee the company's operations and strategic direction.

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 is responsible for overseeing the company's operations and strategic direction.

Who are the peers of the Northern Spirits?

Northern Spirits' peers include Sakuma Exports, Vikas Lifecare, Sicagen India, Chandrima Mercan, Stratmont Indus., Parshva Enterprises, Metroglobal, and Chemkart India. In terms of management risk, growth, and capital structure, Chandrima Mercan and Chemkart India perform best, while Northern Spirits shows average management risk and growth, with a 1-year return of -38.97%.

Peers: The peers of Northern Spirits are Sakuma Exports, Vikas Lifecare, Sicagen India, Chandrima Mercan, Stratmont Indus., Parshva Enterpr., Metroglobal, and Chemkart India.<BR><BR>Quality Snapshot: Excellent management risk is observed at Chandrima Mercan and Chemkart India, while Average management risk is found at Sakuma Exports, Sicagen India, Stratmont Indus., and Northern Spirits. Below Average management risk is noted for Vikas Lifecare, Parshva Enterpr., and Metroglobal. In terms of Growth, Excellent growth is seen at Chandrima Mercan and Stratmont Indus., while Average growth is found at Sicagen India and Northern Spirits, and Below Average growth is noted for Sakuma Exports, Vikas Lifecare, Parshva Enterpr., and Metroglobal. For Capital Structure, Good capital structure is observed at Sakuma Exports and Parshva Enterpr., while Excellent capital structure is noted for Chandrima Mercan and Chemkart India, and Below Average capital structure is found at Sicagen India, Stratmont Indus., Northern Spirits, and Vikas Lifecare.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Chandrima Mercan at 100.52%, while the peer with the lowest is Sakuma Exports at -46.46%. Northern Spirits has a 1-year return of -38.97%, which is better than Sakuma Exports but worse than Chandrima Mercan. Additionally, the peers with negative six-month returns include Sakuma Exports, Vikas Lifecare, Chandrima Mercan, Stratmont Indus., and Chemkart India.

Are Northern Spirits Ltd latest results good or bad?

Northern Spirits Ltd's latest results show strong revenue growth with record net sales of ₹615.92 crores, but profitability has declined significantly, with a 30.65% drop in net profit and reduced operating margins, indicating concerns for future performance despite attractive valuations.

Northern Spirits Ltd's latest results present a mixed picture. On one hand, the company achieved record net sales of ₹615.92 crores, reflecting a 3.30% increase quarter-on-quarter and an impressive 32.04% year-on-year growth. This indicates strong revenue momentum and consistent market penetration, as it marks the seventh consecutive quarter of sequential revenue growth.<BR><BR>However, the profitability metrics have deteriorated significantly. The operating margin fell to 1.65% from 2.11% in the previous quarter, and net profit dropped sharply by 30.65% quarter-on-quarter to ₹4.98 crores. This decline in profitability, alongside rising operational costs and interest expenses, raises concerns about the company's ability to sustain its margins in a competitive environment.<BR><BR>While the stock did see a modest recovery of 3.88% following the announcement of these results, the overall sentiment remains cautious due to the significant erosion in shareholder value over the past year. The current valuation appears attractive compared to the sector average, but the ongoing margin pressures and operational challenges could pose risks to future performance.<BR><BR>In summary, while Northern Spirits has demonstrated strong revenue growth, the sharp decline in profitability suggests that the results are more concerning than positive, warranting careful monitoring by investors.

When is the next results date for Northern Spirits Ltd?

The next results date for Northern Spirits Ltd is 26 May 2026.

The next results date for Northern Spirits Ltd is scheduled for 26 May 2026.

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.

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).

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.

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.