Allied Blenders and Distillers vs Globus Spirits: Share Price, Comparison and Key Differences

Allied Blenders and Distillers MCap Rs 16,727 Cr, PE 79.73x (thin earnings), ROE 13.73%, D/E 0.69. Globus Spirits MCap Rs 2,635 Cr, PE 26.39x, ROE 8.41%, D/E 0.48.

Updated: 11 Aug 2026 • 1:19 pm

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Allied Blenders and Distillers vs Globus Spirits: Share Price, Comparison and Key Differences

Allied Blenders and Distillers vs Globus Spirits is a comparison Indian spirits investors look up when evaluating two listed Indian alcohol companies. Allied Blenders and Distillers (ABD), a Mumbai-based spirits company, is one of India's largest whisky makers selling Officer's Choice (one of India's largest selling whisky brands), Sterling Reserve and other brands. Globus Spirits, a Rajasthan-based company, manufactures grain-based distilled spirits (bulk ENA and IMFL) for other brands and its own Nao Vodka and Globus brands, and supplies bio-ethanol for government fuel blending.

This Allied Blenders and Distillers vs Globus Spirits article covers reach and market position, key products, latest declared results and stock valuation. The Allied Blenders and Distillers vs Globus Spirits data below is sourced from Groww and public company filings and reflects the most recently available information at the time of writing.

Table of Contents

Allied Blenders and Distillers vs Globus Spirits: Reach and Market Position

On the Allied Blenders and Distillers side of the Allied Blenders and Distillers vs Globus Spirits comparison, Allied Blenders sells Officer's Choice, Sterling Reserve and other whisky brands across India. Market capitalisation is Rs 16,727 Cr.

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On the Globus Spirits side of the Allied Blenders and Distillers vs Globus Spirits comparison, Globus Spirits manufactures bulk spirits (ENA), IMFL brands and ethanol for fuel blending. Market capitalisation is Rs 2,635 Cr.

Allied Blenders and Distillers vs Globus Spirits: Key Products and Business Mix

In the Allied Blenders and Distillers vs Globus Spirits product comparison, Allied Blenders and Distillers offers: ABD earns from branded IMFL (Officer's Choice whisky, Sterling Reserve premium whisky, etc.). EPS is Rs 7.50 (thin – high PE). PE is 79.73x, ROE 13.73 percent, D/E 0.69.

For Globus Spirits in this Allied Blenders and Distillers vs Globus Spirits breakdown: Globus Spirits earns from bulk spirit (ENA) sales, own IMFL brands (Nao Vodka, Globus) and ethanol. EPS is Rs 34.33. PE is 26.39x, ROE 8.41 percent, D/E 0.48.

Allied Blenders and Distillers vs Globus Spirits: Latest Results

The Allied Blenders and Distillers vs Globus Spirits results for Allied Blenders and Distillers: Allied Blenders has a market cap of Rs 16,727 Cr and PE of 79.73x – thin earnings from brand investment and high distribution costs. ROE is 13.73 percent. ABD is 6.3 times larger than Globus Spirits.

The Allied Blenders and Distillers vs Globus Spirits results for Globus Spirits: Globus Spirits has a market cap of Rs 2,635 Cr and PE of 26.39x. ROE is 8.41 percent. Globus is cheaper on PE but also has a lower ROE reflecting its bulk spirit and ethanol-heavy model.

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Allied Blenders and Distillers vs Globus Spirits: Stock and Valuation

The Allied Blenders and Distillers vs Globus Spirits stock comparison uses the latest available market data from Groww. Investors tracking Allied Blenders and Distillers vs Globus Spirits should verify current prices on NSE or BSE before trading.

Allied Blenders vs Globus Spirits at current valuations: ABD trades at Rs 16,727 Cr market cap, PE 79.73x (thin), ROE 13.73 percent. Globus trades at Rs 2,635 Cr market cap, PE 26.39x, ROE 8.41 percent. ABD has a higher ROE but much higher PE. Globus is cheaper on PE.

Allied Blenders and Distillers vs Globus Spirits: Quick Comparison Table

The Allied Blenders and Distillers vs Globus Spirits comparison table below summarises the key metrics covered in this article side by side.

Parameter	Allied Blenders and Distillers	Globus Spirits
Sector	Branded IMFL: Officer's Choice whisky (India's 2nd largest whisky)	Bulk spirits ENA + own IMFL brands + ethanol (fuel blending)
Market Cap	Rs 16,727 Cr	Rs 2,635 Cr
P/E Ratio	79.73x (thin earnings)	26.39x
ROE	13.73%	8.41%
Debt to Equity	0.69	0.48
Key Brand	Officer's Choice, Sterling Reserve whisky	Nao Vodka, Globus (domestic); bulk ENA + ethanol
Dividend	0.90%	0.72%

Conclusion

The Allied Blenders and Distillers vs Globus Spirits comparison above covers the key data points on reach, products, results and valuation. Allied Blenders and Distillers vs Globus Spirits covers two Indian alcohol companies with different business models – premium branded IMFL versus bulk spirits and ethanol. ABD has India's second-largest whisky brand. Globus has a manufacturing and ethanol supply model. ABD vs Globus investors should review volume growth, state excise policy changes and ethanol blending revenue for Globus. Consult a SEBI-registered advisor for personalised guidance.

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Disclaimer: Data and figures in this article are sourced from publicly available information, including company results filings and exchange data, and are current as of the time of writing. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

Frequently Asked Questions

What does Allied Blenders sell?

Ans. Allied Blenders and Distillers (ABD) makes and sells branded IMFL (Indian Made Foreign Liquor) whisky – primarily Officer's Choice (one of India's top-3 whisky brands by volume), Sterling Reserve and other whiskies and vodka.

What does Globus Spirits make?

Ans. Globus Spirits manufactures grain-based Extra Neutral Alcohol (ENA – the base spirit for IMFL), its own IMFL brands (Nao Vodka, Globus whisky) and grain-based ethanol for government fuel blending programmes.

What is ENA?

Ans. ENA (Extra Neutral Alcohol) is a highly purified, rectified grain or molasses spirit used as the base for making IMFL (Indian Made Foreign Liquor). Bulk ENA is sold to IMFL manufacturers who blend and bottle under their own brands.

Is India a large spirits market?

Ans. Yes. India is one of the world's largest spirits markets by volume, dominated by whisky. Key brands include Officer's Choice (ABD), Royal Stag (Pernod Ricard), Bagpiper (Diageo), McDowell's (Diageo) and others.

Why is ABD PE so high?

Ans. ABD's PE of 79.73x reflects thin current earnings from high marketing investment, distribution costs and state excise pricing constraints, despite having large brand volume.