[Stock idea]: Globus Spirits – Manufacturing stable, consumer business scaling, UP distillery = margin catalyst
Globus Spirits operates a dual business model – a stable, margin-generating manufacturing business (ENA/ethanol) paired with a high-growth consumer Alcohol brands business (Prestige & Above + Regular & Others). The UP distillery (₹200 Cr capex) is commissioning in Q4, which should significantly expand margins for both R&O and P&A portfolios in Uttar Pradesh. Here are the key takeaways, But, before that: Help us grow: If you think our stock recommendations could add value to your friends, relatives, or acquaintances, we’d appreciate…