CMP: 114

Globus Spirits Limited manufactures, markets, and sells industrial alcohol comprising rectified spirit and extra-neutral alcohol, country liquor, and Indian made foreign liquor.

Globus Spirits is a decent bet in small-cap space trading at a P/E of less than 7 with dividend yields of 1% in the last 12 months. It runs at a debt of 113 Crores with 7 Crores cash in hand. Debt levels are high, but is compensated by high growth. Revenues have risen from 157 Crores to 557 Crores in the last 5 years. Profits have risen from less than 13 Crores to 58 Crores in the last 5 years. Profit margins have risen from 8% to over 10% in the last 5 years. Buy and hold for long term gains.