Northern Spirits

Why is Northern Spirits Ltd falling/rising?

As of 10-Jun, Northern Spirits Ltd's stock price is at 123.10, down 1.83%, and has significantly underperformed the Sensex over various periods, including a year-to-date decline of 17.41%. Despite increased investor participation, the stock continues to show a bearish trend, trading below all major moving averages.

As of 10-Jun, Northern Spirits Ltd's stock price is falling, currently at 123.10, reflecting a decrease of 2.3 points or 1.83%. This decline is evident in its performance over various periods, with the stock down 2.73% over the past week and 7.86% over the past month, significantly underperforming the Sensex, which has only declined by 0.49% and 4.33% in the same time frames, respectively. Year-to-date, the stock has decreased by 17.41%, compared to a 13.19% drop in the Sensex, and over the past year, it has fallen by 35.89% against the Sensex's 10.21% decline.<BR><BR>Today's trading session has also shown that Northern Spirits is underperforming its sector by 0.98%. The stock reached an intraday low of Rs 122.45, indicating a drop of 2.35% during the day. Furthermore, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a bearish trend. Although there has been a notable increase in investor participation, with delivery volume rising by 145.12% compared to the 5-day average, this has not been sufficient to counteract the overall downward movement in the stock price.

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.

Which are the latest news on Northern Spirits?

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.

Should I buy, sell or hold Northern Spirits Ltd?

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.

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.