Globe Textiles (India) Ltd
Incorporated in 1995, Globe Textiles (India) Ltd is involved in trading and manufacturing of textile products[1]
- Market Cap ₹ 124 Cr.
- Current Price ₹ 4.13
- High / Low ₹ 6.24 / 2.70
- Stock P/E 24.2
- Book Value ₹ 3.66
- Dividend Yield 0.00 %
- ROCE %
- ROE %
- Face Value ₹ 2.00
Pros
- Stock is trading at 1.13 times its book value
Cons
- Company has low interest coverage ratio.
- Earnings include an other income of Rs.15.7 Cr.
- Promoter holding has decreased over last 3 years: -31.2%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Textiles Industry: Textiles - Products
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | |
|---|---|
| 459 | |
| 442 | |
| Operating Profit | 16 |
| OPM % | 4% |
| 16 | |
| Interest | 15 |
| Depreciation | 5 |
| Profit before tax | 12 |
| Tax % | 29% |
| 9 | |
| EPS in Rs | 0.26 |
| Dividend Payout % | 0% |
| Compounded Sales Growth | |
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| Compounded Profit Growth | |
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| Stock Price CAGR | |
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| 10 Years: | % |
| 5 Years: | 23% |
| 3 Years: | -30% |
| 1 Year: | 29% |
| Return on Equity | |
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Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | |
|---|---|
| Equity Capital | |
| Reserves | |
| Total Liabilities | |
| CWIP | |
| Investments | |
| Total Assets |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | |
|---|---|
| 12 | |
| -1 | |
| -11 | |
| Net Cash Flow | 0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | |
|---|---|
| Debtor Days | |
| Inventory Days | |
| Days Payable | |
| Cash Conversion Cycle | |
| Working Capital Days | |
| ROCE % |
Documents
Announcements
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Copy of Newspaper Publication
4 November 2024 - Globe Textiles (India) Limited has informed about Copy of Newspaper Publication
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Related Party Transactions
30 October 2024 - Globe Textiles (India) Limited has informed about related Party Transactions
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Financial Result Updates
30 October 2024 - Globe Textiles (India) Limited has submitted to the Exchange, the financial results for the period ended September 30, 2024.
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Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
26 October 2024 - GLOBE TEXTILES (INDIA) LIMITED has informed about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
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Cessation
26 October 2024 - Globe Textiles (India) Limited has informed regarding Cessation of Mr Faruk Diwan as Company Secretary & Compliance Officer of the company w.e.f. October 26, 2024.
Business Overview:[1]
Company is a STAR Exporter of Fabrics and garments and has one of its unit in SEZ. It sources, manufactures, supplies and trades complete range of textile and apparel products and services – from fiber to fashion