Northern Spirits Ltd (NSL) — shareholding pattern, promoter holding, financials and share price
About Northern Spirits Ltd (NSL)
Northern Spirits Ltd operates in the Trading & Distributors industry, within the Services sector. It trades on the NSE as NSL and on the BSE under scrip code 542628. Its ISIN is INE01BL01012.
Northern Spirits Limited is a prominent distribution house, importing and distributing international alcoholic beverages across North and East India, with a focus on premium brands.
The company has established a retail presence with outlets like 'The Liquor Exchange' and 'Emporio', aiming at enhancing direct consumer engagement.
Listed peers in Trading & Distributors: Integra Essentia Ltd, Sicagen India Ltd, Chandrima Mercantiles Ltd, Aviva Industries Ltd, Maximus International Ltd, Amrapali Industries Ltd.
Valuation & Returns
10 Jul 2026At ₹126.15 a share on 10 Jul 2026, Northern Spirits Ltd (NSL) was valued at a price-to-earnings ratio of 7.46x against an industry P/E of 21.24x and a price-to-book of 1.65x on a book value of ₹76.39 per share as of Mar 2025. Solomo computes return on equity of 22.13% and return on capital employed of 17.43% from filed results. Earnings ratios use standalone results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 7.46x
- Industry P/E
- 21.24x
- P/B
- 1.65x
- EPS (TTM)
- ₹16.9
- Book value / share
- ₹76.39
- ROE
- 22.13%
- ROCE
- 17.43%
- ROA
- 9.2%
- Debt / equity
- 1.4x
- Dividend yield
- 0.24%
- EBITDA margin
- 2.24%
- 52-week range
- ₹96.6 – ₹222.5
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2025In the year ended Mar 2025, Northern Spirits Ltd (NSL) reported revenue of ₹1,942.61 crore, net profit of ₹22.97 crore and earnings per share of ₹14.33. That compares with revenue of ₹1,235.31 crore and net profit of ₹16.57 crore in Mar 2024. Figures are standalone, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹615.92 crore and net profit ₹4.98 crore (standalone).
| Metric | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 152.98 | 267.64 | 905.34 | 1,235.31 | 1,942.61 |
| Net profit (₹ cr) | 2.97 | 6 | 11.13 | 16.57 | 22.97 |
| EPS (₹) | - | - | - | - | 14.33 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 102.84% | 61.51% | 93.62% | 57.26% |
| Profit growth | - | 44.75% | 56.41% | 38.62% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 66.97% of Northern Spirits Ltd (NSL) (unchanged from the previous quarter). Promoters have pledged 44.8% of their holding. Market capitalisation was ₹202 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2019.
Largest disclosed public shareholders in Jun 2026: SUMEET SINGH SAHNI 3.38%, SABAH SAHNI 3.21%, HUF 1.63%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 66.97% | 44.8% | - | - | 33.03% |
| Mar 2026 | 66.97% | 44.8% | - | - | 33.03% |
| Dec 2025 | 66.97% | 44.8% | - | - | 33.03% |
| Sep 2025 | 66.97% | 44.8% | 0.37% | - | 33.03% |
| Jun 2025 | 66.97% | 44.8% | - | - | 33.03% |
| Mar 2025 | 66.97% | 44.8% | - | - | 33.03% |
| Dec 2024 | 66.97% | 44.8% | - | - | 33.03% |
| Sep 2024 | 66.97% | 44.8% | - | - | 33.03% |