Northern Spirits Ltd Stock Price Today (NSE: NSL)
Fundamental Score
Northern Spirits Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Northern Spirits Ltd share price today is ₹124.15, up +2.22% on NSE/BSE as of 17 June 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 ₹222.50 and the 52-week low is ₹96.60. 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
Northern Spirits Ltd share price chart: -4.02% return over the past month. 52-week high ₹222.50, 52-week low ₹96.60.
Northern Spirits Ltd — Last 10 Trading Days
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| ₹123.30 | ₹125.80 | ₹123.00 | ₹123.85 | 5.64K (Cr) | |
| ₹128.15 | ₹129.00 | ₹123.20 | ₹124.50 | 4.50K (Cr) | |
| ₹128.05 | ₹131.60 | ₹126.25 | ₹127.45 | 4.55K (Cr) | |
| ₹135.80 | ₹135.85 | ₹127.25 | ₹128.10 | 12.79K (Cr) | |
| ₹131.90 | ₹133.85 | ₹126.95 | ₹132.45 | 13.73K (Cr) | |
| ₹128.95 | ₹130.05 | ₹126.90 | ₹127.50 | 4.59K (Cr) | |
| ₹127.95 | ₹129.00 | ₹125.50 | ₹126.05 | 6.04K (Cr) | |
| ₹128.25 | ₹128.25 | ₹126.25 | ₹127.95 | 1.24K (Cr) | |
| ₹127.60 | ₹128.80 | ₹126.00 | ₹128.00 | 1.66K (Cr) | |
| ₹126.00 | ₹129.45 | ₹125.50 | ₹126.40 | 2.33K (Cr) |
Northern Spirits Ltd — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹128.15 | ₹129.00 | ₹123.00 | ₹123.85 | -3.36% | |
| ₹129.10 | ₹139.00 | ₹124.95 | ₹127.45 | -1.28% | |
| ₹96.80 | ₹139.00 | ₹96.80 | ₹129.40 | +33.68% | |
| ₹111.00 | ₹135.00 | ₹96.60 | ₹96.80 | -12.79% | |
| ₹133.90 | ₹145.00 | ₹119.95 | ₹121.20 | -9.48% | |
| ₹150.60 | ₹158.25 | ₹120.30 | ₹135.55 | -9.99% | |
| ₹163.45 | ₹164.00 | ₹147.00 | ₹149.05 | -8.81% | |
| ₹185.90 | ₹192.85 | ₹158.40 | ₹159.15 | -14.39% | |
| ₹169.05 | ₹187.45 | ₹158.95 | ₹179.80 | +6.36% | |
| ₹190.20 | ₹194.85 | ₹165.60 | ₹169.05 | -11.12% | |
| ₹197.10 | ₹208.80 | ₹185.15 | ₹190.05 | -3.58% | |
| ₹194.95 | ₹222.50 | ₹191.00 | ₹194.80 | -0.08% |
AI Research Briefing
Powered by Gemini · 2026-04-08
High debt, negative FCF, and falling price make NSL a micro-cap value trap to avoid.
WHAT'S HAPPENING NOW (last 2-4 weeks)
Northern Spirits Ltd. hit a 52-week low of on March 30, 2026, as the sell-off deepened. Prior to that, it had also fallen to a 52-week low of on March 27, 2026.
CORE STORY (THE REAL GAME)
Low-margin alcohol distribution play, vulnerable to state-level policy changes and excise duty hikes. Not a brand story, but a trading and distribution business dependent on efficient working capital management.
- Hit 52-week low recently
- Negative sentiment in the market
- High promoter pledging
- Significant debt reduction
- Positive changes in excise duty policies
- Turnaround in free cash flow
- Micro-cap: liquidity risk is high
- High debt and negative free cash flow
- High promoter pledging
FII increased their stake slightly, but overall institutional interest is negligible.
Consumption economy is expanding, but alcohol distribution faces regulatory headwinds.
No major news found after live search.
No: Negative free cash flow of ₹-64.64 Cr.
Expect continued volatility and downside pressure. Turnaround unlikely in the next 3-6 months without significant debt restructuring and improved cash flow.
Primary Thesis Risk
Inability to service debt will lead to collapse.
For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.
Returns & Performance
Return on Equity (ROE)
Profit generated per ₹1 of shareholder equity
Return on Capital (ROCE)
Returns generated on total capital deployed
Oper. Profit Margin (5Y Avg)
Average operating profit margin over 5 years
Dividend Yield
Annual dividend as % of current share price
Northern Spirits Ltd Valuation Check
Price to Earnings (P/E)
Share price ÷ earnings per share. Lower = cheaper
Industry Avg P/E
Average P/E of all peers in this sector
Market Capitalisation
Total market value of all outstanding shares
Growth Engine
Profit Growth (Quarterly YoY)
Net profit growth vs same quarter last year
Revenue Growth (Quarterly YoY)
Revenue growth vs same quarter last year
Revenue Growth (5-Year CAGR)
Compounded annual revenue growth over 5 years
EPS Growth (5-Year CAGR)
Earnings per share growth over 5 years
Net Profit Growth (5-Year CAGR)
Compounded annual net profit growth over 5 years
Balance Sheet Health
Debt to Equity Ratio
Total debt ÷ equity. Below 0.5 = financially healthy
Interest Coverage Ratio
EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably
Free Cash Flow (5-Year Total)
Cash left after capex over 5 years. Positive = self-funded growth
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 vs Trading & Distributors Peers
Peer Comparison - Trading & Distributors
Compare Northern Spirits Ltd with 10 other companies in the same sector
| Company Info | Fundamental | Valuation | Profitability | Financial Health | Growth | Dividend | ||||
|---|---|---|---|---|---|---|---|---|---|---|
Company Company name | Score Bull Run comprehensive fundamental score based on 20+ metrics | Price Current trading price of the stock | Market Cap Total value of all shares in the market | P/E Price per share divided by earnings per share | ROE Net income divided by shareholder equity | ROCE Earnings before interest and tax divided by capital employed | Debt/Eq Total debt divided by total equity | Profit 5Y Average annual profit growth over 5 years | Sales 5Y Average annual sales growth over 5 years | Dividend Annual dividend per share divided by price per share |
Northern Spirits LtdNorthern Spirit...Selected✓ NSL • 542628 | 44.9/100 | ₹124.15₹124 | ₹260.19₹260.19 | 9.90Average 9.9 Average | 20.64%Excellent 20.64% Excellent | 17.68%Good 17.68% Good | 1.48Average 1.5 Average | 44.79%Excellent 44.79% Excellent | 66.00%Excellent 66.00% Excellent | 0.19% |
Redington LtdRedington Ltd... REDINGTON • 532805 | 58.5/100 | ₹222.80₹223 | ₹22049.92₹22049.92 | 16.14Average 16.1 Average | 14.39%Average 14.39% Average | 18.90%Good 18.90% Good | 0.29Excellent 0.3 Excellent | 17.72%Excellent 17.72% Excellent | 14.06%Good 14.06% Good | 2.41% |
MMTC LtdMMTC Ltd... MMTC • 513377 | 32.1/100 | ₹65.99₹66 | ₹8949.04₹8949.04 | 127.30Average 127.3 Average | 5.87%Poor 5.87% Poor | 7.70%Poor 7.70% Poor | 0.02Excellent 0.0 Excellent | 19.08%Excellent 19.08% Excellent | -86.52%Poor -86.52% Poor | 0.00% |
MSTC LtdMSTC Ltd... MSTCLTD • 542597 | 63.7/100 | ₹438.75₹439 | ₹3458.41₹3458.41 | 15.65Average 15.7 Average | 28.37%Excellent 28.37% Excellent | 29.26%Excellent 29.26% Excellent | 0.17Excellent 0.2 Excellent | 15.18%Excellent 15.18% Excellent | -24.06%Poor -24.06% Poor | 8.24% |
BN Holdings LtdBN Holdings Ltd... BNHOLDINGS • 526125 | 24.7/100 | ₹404.70₹405 | ₹3333.57₹3333.57 | 49.50Average 49.5 Average | 26.05%Excellent 26.05% Excellent | 27.44%Excellent 27.44% Excellent | 0.20Excellent 0.2 Excellent | — — | — — | 0.00% |
Vintage Coffee And Beverages IncVintage Coffee ... VINCOFE • 538920 | 11.1/100 | ₹154.05₹154 | ₹2132.64₹2132.64 | 35.45Average 35.5 Average | 17.05%Good 17.05% Good | 15.42%Good 15.42% Good | 0.17Excellent 0.2 Excellent | — — | — — | 0.06% |
TCC Concept LtdTCC Concept Ltd... TCC • 512038 | 34.8/100 | ₹379.00₹379 | ₹1813.06₹1813.06 | 38.36Average 38.4 Average | 9.28%Poor 9.28% Poor | 11.83%Average 11.83% Average | 0.05Excellent 0.1 Excellent | — — | — — | 0.00% |
Euro Asia Exports LtdEuro Asia Expor... EUROASIA • 530929 | 66.6/100 | ₹637.25₹637 | ₹1297.46₹1297.46 | 518.98Average 519.0 Average | 87.02%Excellent 87.02% Excellent | 82.72%Excellent 82.72% Excellent | 0.00Excellent 0.0 Excellent | 158.76%Excellent 158.76% Excellent | 66.77%Excellent 66.77% Excellent | 0.00% |
41.9/100 | ₹18.76₹19 | ₹1111.34₹1111.34 | 402.66Average 402.7 Average | 1.24%Poor 1.24% Poor | 2.46%Poor 2.46% Poor | 0.06Excellent 0.1 Excellent | 61.76%Excellent 61.76% Excellent | 35.83%Excellent 35.83% Excellent | 0.00% | |
Yamuna Syndicate LtdYamuna Syndicat... YSL • 540980 | 32.3/100 | ₹30300.00₹30300 | ₹1021.99₹1021.99 | 11.71Average 11.7 Average | 9.31%Poor 9.31% Poor | 9.39%Poor 9.39% Poor | 0.00Excellent 0.0 Excellent | 10.82%Good 10.82% Good | 4.86%Average 4.86% Average | 1.50% |
Oswal Agro Mills LtdOswal Agro Mill... OSWALAGRO • 500317 | 62.3/100 | ₹45.83₹46 | ₹811.32₹811.32 | 6.43Average 6.4 Average | 12.62%Average 12.62% Average | 16.29%Good 16.29% Good | 0.00Excellent 0.0 Excellent | 28.35%Excellent 28.35% Excellent | 61.75%Excellent 61.75% Excellent | 0.00% |
Top Trading & Distributors Stocks
View all →By Bull Run Score
By Return on Equity
By Market Cap
- Redington Ltd share price22049.92 Cr
- MMTC Ltd share price8949.04 Cr
- MSTC Ltd share price3458.41 Cr
- BN Holdings Ltd share price3333.57 Cr
- Vintage Coffee And Beverages Inc share price2132.64 Cr
Northern Spirits Ltd PE Ratio History
Historical price-to-earnings ratio for NSL — last 5 years
| Year | EPS (₹) | Price (₹) | P/E Ratio |
|---|---|---|---|
| FY 2025 | ₹14.33 | ₹149.05 | 10.4x |
| FY 2024 | ₹10.32 | ₹188.25 | 18.2x |
| FY 2023 | ₹6.94 | ₹370.00 | 53.3x |
| FY 2022 | ₹3.74 | ₹232.40 | 62.1x |
P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.
Northern Spirits Ltd Dividend History
Annual cash dividends paid by NSL — dividend yield 0.19%
| Financial Year | Dividends Paid (₹ Cr) |
|---|---|
| FY 2025 | ₹0.40 Cr |
Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.
Northern Spirits Ltd Quarterly Performance
Latest quarterly metrics for NSL — revenue growth and profit growth vs same quarter last year
Revenue Growth (YoY)
15.44%
Latest quarter vs same quarter previous year
Net Profit Growth (YoY)
35.54%
Latest quarter net profit vs same quarter previous year
5-Year Revenue CAGR
66.00%
Compounded annual revenue growth over 5 years
5-Year Profit CAGR
44.79%
Compounded annual net profit growth over 5 years
Northern Spirits Ltd Technical Indicators
SMA 50, SMA 200, RSI and volume signals for NSL — calculated from daily price history
Momentum is balanced — neither overbought nor oversold.
Technical indicators are for educational purposes only. Not investment advice.
Northern Spirits Ltd Financial Statements
Annual income statement, balance sheet and cash flow for Northern Spirits Ltd (NSL) — sourced from NSE/BSE filings.
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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
Key Leadership
Corporate Events
Latest News
NSL Share Price: Frequently Asked Questions
What is the current share price of Northern Spirits Ltd?
Northern Spirits Ltd (NSL) trades at ₹124.15 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.