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  7. Northern Spirits Ltd
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HomeStocksTrading & DistributorsNorthern Spirits Ltd

Northern Spirits Ltd Stock Price Today (NSE: NSL)

Northern Spirits Ltd

NSLTrading & Distributors
₹96.80₹4.70 (4.42%)↓
As on 30 Mar 2026, 12:03 pm ISTMarket Closed

Fundamental Score

...

Northern Spirits Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Northern Spirits Ltd share price today is ₹96.80, down 4.42% on NSE/BSE as of 30 March 2026. Northern Spirits Ltd (NSL) is a Small-cap company in the Trading & Distributors sector with a market capitalisation of ₹260.19 (Cr). The 52-week high for NSL share price is ₹239.00 and the 52-week low is ₹99.30. At a P/E ratio of 9.90x, NSL is currently trading below its industry average P/E of 35.45x. The company has a Return on Equity (ROE) of 20.64% and a debt-to-equity ratio of 1.48.

Northern Spirits Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
₹0.00
Low
₹0.00
Volume
0
Change
-4.42%

Returns & Performance

Excellent

ROE

20.64%
Good

ROCE

17.68%
Poor

OPM (5Y)

2.69%

Div Yield

0.19%

Northern Spirits Ltd Valuation Check

Excellent

P/E Ratio

9.90x
Poor

Industry P/E

35.45x
Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Market Cap

260.19 (Cr)

Growth Engine

Excellent

Profit Growth (Q)

35.54%
Average

Sales Growth (Q)

15.44%
Excellent

Sales Growth (5Y)

66.00%
Excellent

EPS Growth (5Y)

44.79%
Excellent

Profit Growth (5Y)

44.79%

Balance Sheet Health

Poor

Debt to Equity

1.48x
Good

Int. Coverage

2.75x

Free Cash Flow (5Y)

-64.64 (Cr)

Shareholding

Excellent

Promoter

66.97%
Poor

FII

0.37%
Poor

DII

0.00%
Poor

Pledged

44.80%

Institutional Deep-Dive

Bull Run Research Hub

Northern Spirits Share Price: A Financial Analysis

One unique insight within the Trading & Distributors sector is the significant impact of efficient logistics and supply chain management on profitability. This directly affects investor confidence and, consequently, the valuation of companies like Northern Spirits. The current Northern Spirits share price of ₹139.0 demands a closer look, considering its Price-to-Earnings (PE) ratio of 9.9 and Return on Capital Employed (ROCE) of 17.68%.

The PE ratio of 9.9 suggests that the market currently values Northern Spirits at approximately 9.9 times its earnings per share. To ascertain if this is a favorable valuation, it's essential to compare it with sector peers. For instance, contrasting Northern Spirits Ltd with peers such as Prismx Global Ventures Ltd is crucial. While a direct comparison of management quality is challenging without in-depth qualitative analysis, it's observable that companies with strong leadership often command a premium PE ratio due to perceived lower risk and greater potential for future growth. Examining annual reports and management commentary of both Northern Spirits and Prismx Global Ventures can offer insights into strategic direction and execution capabilities, factors that influence investor sentiment.

Northern Spirits' ROCE of 17.68% indicates the return the company is generating from its invested capital. A high ROCE, such as this, can contribute to a wider economic moat. Specifically, this indicates efficiency in allocating capital, creating barriers to entry and driving long-term profitability. Continued ROCE efficiency makes Northern Spirits Ltd. attractive. This high return suggests the company is generating significant profits relative to the capital employed, which may give it a competitive advantage over firms with lower ROCE.

It is important to consider broader industry trends, regulatory changes, and macroeconomic factors that could influence the financial performance of Northern Spirits. A comprehensive analysis would also delve into the company's debt levels, cash flow generation, and growth prospects. This financial analysis, part of a larger 80-parameter fundamental audit verified by Sweta Mishra, offers an observational perspective on Northern Spirits' current valuation and financial health. It does not constitute investment advice and should not be interpreted as a buy or sell recommendation.

SM
Analysis by Sweta Mishra
SEBI Registered Research Analyst

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Northern Spirits Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of NSL across key market metrics for learning purposes.

Positive Indicators

9 factors identified

Strong Return on Equity (20.64%)

Observation: Efficient use of shareholders' capital generating superior returns.

Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.

Excellent ROCE Performance (17.68%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Attractive Valuation (P/E: 9.90 vs Industry: 35.45)

Observation: Trading at discount to industry peers.

Analysis: P/E below industry average may present value opportunity.

Robust Profit Growth (35.54%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Strong Revenue Growth (15.44%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Consistent Growth Track Record (66.00% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Excellent EPS Growth (44.79% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (44.79% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Balanced Promoter Holding (66.97%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Risk Factors

5 factors identified

Margin Pressure Concerns (2.69%)

Observation: Operating margins are below industry standards.

Analysis: OPM <5% may indicate pricing pressures or cost management challenges.

Elevated Debt Levels (D/E: 1.48)

Observation: High leverage increases financial risk and interest burden.

Analysis: High debt-to-equity ratios require monitoring of debt servicing capability.

Negative Free Cash Flow (₹-64.64 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

Limited Institutional Interest (FII+DII: 0.37%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

High Share Pledging Risk (44.80%)

Observation: Significant promoter share pledging creates potential overhang.

Analysis: High pledging levels may create selling pressure during market downturns.

Northern Spirits Ltd Financial Statements

Comprehensive financial data for Northern Spirits Ltd including income statement, balance sheet and cash flow

About NSL (Northern Spirits Ltd)

Northern Spirits Ltd is a prominent trading and distribution company deeply rooted in the vibrant landscape of India's beverage industry. Established in 1975, the company has stead...ily grown to become a key player, navigating the complexities of the market with a keen understanding of consumer preferences and trends. Headquartered in the bustling city of Kolkata, NSL operates as a crucial link between renowned international and domestic brands and the eager palates of Indian consumers. The company's core function revolves around the strategic importation and nationwide distribution of a diverse portfolio encompassing premium spirits, fine wines, and refreshing beer options. With decades of experience, NSL boasts a robust logistical network and established relationships with retailers across the country. The strength of Northern Spirits Ltd lies in its curated selection of brands, a testament to the company's commitment to offering quality and variety. NSL proudly represents a spectrum of globally recognized names, including iconic spirits producers, award-winning wineries, and popular brewers. This carefully chosen portfolio allows NSL to cater to a broad range of consumer tastes and occasions, from sophisticated cocktail gatherings to casual social events. By partnering with these established brands, NSL not only ensures a consistent supply of high-quality beverages but also leverages the power of their brand recognition to drive sales and build a strong market presence. The company continuously seeks to expand its portfolio, carefully evaluating potential additions that align with its strategic goals and cater to evolving consumer demands. Driven by a commitment to excellence, Northern Spirits Ltd focuses on efficient distribution and superior customer service. The company's dedicated sales and marketing teams work closely with retailers to optimize product placement, implement targeted promotions, and provide valuable insights into consumer behavior. This collaborative approach fosters strong partnerships and ensures that NSL's products are readily available and attractively presented to consumers across various retail channels. Furthermore, NSL places a high priority on compliance and ethical business practices, adhering to all relevant regulations and industry standards. The company's unwavering commitment to quality, reliability, and integrity has solidified its reputation as a trusted and respected player in India's dynamic beverage market.

Company Details

Symbol:NSL
Industry:Trading & Distributors
Sector:Trading & Distributors
Website:https://northernspirits.co.in

Key Leadership

Mr. Ankush Bakshi
MD & Director
Mr. Sharad Agarwal
Chief Financial Officer
Mr. Pankaj Khanna
Company Secretary & Compliance Officer

Corporate Events

Recent
Ex-Dividend Date
2025-09-12

Latest News

‘Stock market did a Jesus’: SNL roasts Donald Trump’s tariff chaos in Easter special - Times of India
Times of India• 4/13/2025
NMDC Steel becomes 1st Indian firm to get BIS license for hot rolled steel - Business Standard
Business Standard• 10/20/2025
SNL announces year-end hosts: Ariana Grande, Cher, Melissa McCarthy, Lily Allen, and more - The Economic Times
The Economic Times• 11/18/2025

NSL Share Price: Frequently Asked Questions

What is the current share price of Northern Spirits Ltd (NSL)?

As of 30 Mar 2026, 12:03 pm IST, Northern Spirits Ltd share price is ₹96.80. The NSL stock has a market capitalisation of ₹260.19 (Cr) on NSE/BSE.

Is NSL share price Overvalued or Undervalued?

NSL share price is currently trading at a P/E ratio of 9.90x, compared to the industry average of 35.45x. Based on this relative valuation, the Northern Spirits Ltd stock appears to be Undervalued against its sector peers.

What is the 52-week high and low of NSL share price?

The 52-week high of NSL share price is ₹239.00 and the 52-week low is ₹99.30. These values are updated daily from NSE/BSE price data.

What factors affect the Northern Spirits Ltd share price?

Key factors influencing NSL share price include quarterly earnings growth (Sales Growth: 15.44%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).

Is Northern Spirits Ltd a good stock for long-term investment?

Northern Spirits Ltd shows a 5-year Profit Growth of 44.79% and an ROE of 20.64%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 1.48 before investing in NSL shares.

How does Northern Spirits Ltd compare with its industry peers?

Northern Spirits Ltd competes with major peers in the Trading & Distributors. Investors should compare NSL share price P/E of 9.90x and ROE of 20.64% against the industry averages to determine competitive standing.

What is the P/E ratio of NSL and what does it mean?

NSL share price has a P/E ratio of 9.90x compared to the industry average of 35.45x. Investors pay ₹10 for every ₹1 of annual earnings.

How is NSL performing according to Bull Run's analysis?

NSL has a Bull Run fundamental score of 44.9/100, indicating concerns requiring careful analysis. This comprehensive rating is based on 15+ financial parameters.

What sector and industry does NSL belong to?

NSL operates in the Trading & Distributors industry. This classification helps understand the competitive landscape and sector-specific trends affecting Northern Spirits Ltd share price.

What is Return on Equity (ROE) and why is it important for NSL?

NSL has an ROE of 20.64%, which indicates excellent management efficiency. ROE measures how efficiently Northern Spirits Ltd generates profits from shareholders capital.

How is NSL debt-to-equity ratio and what does it indicate?

NSL has a debt-to-equity ratio of 1.48, which indicates high leverage that increases financial risk.

What is NSL dividend yield and is it a good dividend stock?

NSL offers a dividend yield of 0.19%, meaning you receive ₹0.19 annual dividend for every ₹100 invested in Northern Spirits Ltd shares.

How has NSL share price grown over the past 5 years?

NSL has achieved 5-year growth rates of: Sales Growth 66.00%, Profit Growth 44.79%, and EPS Growth 44.79%.

What is the promoter holding in NSL and why does it matter?

Promoters hold 66.97% of NSL shares, with 44.80% pledged. High promoter holding often indicates strong management confidence in Northern Spirits Ltd.

What is NSL market capitalisation category?

NSL has a market capitalisation of ₹260 crores, placing it in the Small-cap category.

How volatile is NSL stock?

NSL has a beta of N/A. A beta > 1 suggests the Northern Spirits Ltd stock is more volatile than the market, while a beta < 1 suggests it is less volatile.

What is NSL operating profit margin trend?

NSL has a 5-year average Operating Profit Margin (OPM) of 2.69%, indicating the company's operational efficiency.

How is NSL quarterly performance?

Recent quarterly performance shows Northern Spirits Ltd YoY Sales Growth of 15.44% and YoY Profit Growth of 35.54%.

What is the institutional holding pattern in NSL?

NSL has FII holding of 0.37% and DII holding of 0.00%. Significant institutional holding often suggests professional confidence in the Northern Spirits Ltd stock.

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Frequently Asked Questions about Northern Spirits Ltd

What is the current share price of Northern Spirits Ltd?

Northern Spirits Ltd (NSL) trades at ₹96.80 on NSE and BSE. Market cap ₹260.19 (Cr). Educational data only.

What is the P/E ratio of Northern Spirits Ltd?

Northern Spirits Ltd has a P/E of 9.90x vs industry average 35.45x.

What is the Bull Run score for Northern Spirits Ltd?

Northern Spirits Ltd has a Bull Run score of 44.9/100 based on 25+ financial parameters.

Does Northern Spirits Ltd pay dividends?

Northern Spirits Ltd has a dividend yield of 0.19%. Past dividends don't guarantee future payments.

What is the ROE of Northern Spirits Ltd?

Northern Spirits Ltd has ROE of 20.64%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Northern Spirits Ltd?

Northern Spirits Ltd has debt-to-equity of 1.48.

Is Northern Spirits Ltd a good investment?

Bull Run gives Northern Spirits Ltd a score of 44.9/100. This is not investment advice — consult a SEBI-registered advisor.