Globe Textiles (India) Ltd
Incorporated in 1995, Globe Textiles (India) Ltd is involved in trading and manufacturing of textile products[1]
- Market Cap ₹ 102 Cr.
- Current Price ₹ 2.26
- High / Low ₹ 5.22 / 2.02
- Stock P/E 13.5
- Book Value ₹ 3.24
- Dividend Yield 0.00 %
- ROCE 10.4 %
- ROE 6.61 %
- Face Value ₹ 2.00
Pros
- Stock is trading at 0.70 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Promoter holding is low: 31.8%
- Promoter holding has decreased over last 3 years: -28.7%
* 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
Consumer Discretionary Textiles Textiles & Apparels Other Textile Products
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|
| 459 | 554 | 578 | |
| 441 | 529 | 550 | |
| Operating Profit | 17 | 25 | 28 |
| OPM % | 4% | 5% | 5% |
| 15 | 9 | 6 | |
| Interest | 15 | 16 | 16 |
| Depreciation | 5 | 5 | 5 |
| Profit before tax | 12 | 13 | 12 |
| Tax % | 29% | 28% | |
| 9 | 10 | 8 | |
| EPS in Rs | 0.20 | 0.21 | 0.17 |
| Dividend Payout % | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 29% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -12% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -3% |
| 3 Years: | -15% |
| 1 Year: | -48% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 7% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | |
|---|---|---|
| Equity Capital | 60 | 90 |
| Reserves | 57 | 56 |
| 121 | 148 | |
| 76 | 91 | |
| Total Liabilities | 314 | 385 |
| 66 | 77 | |
| CWIP | 3 | 0 |
| Investments | 0 | 0 |
| 244 | 308 | |
| Total Assets | 314 | 385 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | |
|---|---|---|
| 12 | -18 | |
| -1 | -36 | |
| -11 | 54 | |
| Net Cash Flow | 0 | 0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | |
|---|---|---|
| Debtor Days | 89 | 107 |
| Inventory Days | 101 | 95 |
| Days Payable | 62 | 61 |
| Cash Conversion Cycle | 128 | 142 |
| Working Capital Days | 45 | 49 |
| ROCE % | 10% |
Documents
Announcements
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Amendment to AOA/MOA
13 October 2025 - Company renamed from Globe Textiles (India) Ltd to Globe Enterprises (India) Ltd, effective October 13, 2025.
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
9 October 2025 - Registrar confirms Regulation 74(5) non-applicable for quarter ended Sep 30, 2025; all shares dematerialised.
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Shareholders meeting
27 September 2025 - AGM on 26-Sep-2025: 12 resolutions passed including name change, conversion of promoter loans to equity, RPT approvals
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Shareholders meeting
26 September 2025 - 30th AGM (26 Sep 2025): shareholders approved name change, increased borrowings, loan-to-equity conversion and related special resolutions.
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Updates
26 September 2025 - Promoter Bhavik Parikh bought 2,400,000 shares on 25‑Sep‑2025; stake rose to 6.89%.
Annual reports
Concalls
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Jan 2025TranscriptNotesPPT
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