Globe Enterprises (India) Ltd
Incorporated in 1995, Globe Textiles (India) Ltd is involved in trading and manufacturing of textile products[1]
- Market Cap ₹ 89.6 Cr.
- Current Price ₹ 1.99
- High / Low ₹ 3.29 / 1.86
- Stock P/E 8.41
- Book Value ₹ 3.24
- Dividend Yield 0.00 %
- ROCE 10.9 %
- ROE 7.51 %
- Face Value ₹ 2.00
Pros
- Stock is trading at 0.61 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: 34.4%
- Company has a low return on equity of 6.61% over last 3 years.
- Promoter holding has decreased over last 3 years: -6.56%
* 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 | Mar 2026 | TTM | |
|---|---|---|---|---|
| 459 | 554 | 642 | 679 | |
| 441 | 529 | 610 | 647 | |
| Operating Profit | 17 | 25 | 33 | 32 |
| OPM % | 3.8% | 4.5% | 5% | 4.6% |
| 15 | 9 | 3 | 5 | |
| Interest | 15 | 16 | 18 | 18 |
| Depreciation | 5 | 5 | 5 | 5 |
| Profit before tax | 12 | 13 | 13 | 14 |
| Tax % | 29% | 28% | 28% | |
| 9 | 10 | 9 | 11 | |
| EPS in Rs | 0.20 | 0.21 | 0.20 | 0.23 |
| Dividend Payout % | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 17% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 17% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -25% |
| 3 Years: | 2% |
| 1 Year: | -7% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 7% |
| Last Year: | 8% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Equity Capital | 60 | 90 | 90 |
| Reserves | 57 | 56 | 56 |
| 121 | 148 | 167 | |
| 76 | 91 | 99 | |
| Total Liabilities | 314 | 385 | 412 |
| 66 | 77 | 61 | |
| CWIP | 3 | 0 | 0 |
| Investments | 0 | 0 | 0 |
| 244 | 308 | 350 | |
| Total Assets | 314 | 385 | 412 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| 12 | -18 | -4 | |
| -1 | -36 | 2 | |
| -11 | 54 | 1 | |
| Net Cash Flow | 0 | 0 | -0 |
| Free Cash Flow | 10 | -21 | -2 |
| CFO/OP | 92% | -59% | -5% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Debtor Days | 89 | 107 | 110 |
| Inventory Days | 101 | 95 | 92 |
| Days Payable | 62 | 61 | 52 |
| Cash Conversion Cycle | 128 | 142 | 150 |
| Working Capital Days | 45 | 49 | 51 |
| ROCE % | 10% | 11% |
Insights
In beta| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Domestic Sales INR Lakhs ・Standalone data |
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| Export Sales INR Lakhs ・Standalone data |
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| Number of Manufacturing Units Number ・Standalone data |
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| Permanent Employees Number ・Standalone data |
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| Garments Manufacturing Capacity Lakhs per annum ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Copy of Newspaper Publication
- Published newspaper cuttings for unaudited Q1 FY27 results on August 13, 2026.
-
Appointment
- Globe Enterprises appointed Hemant Jayantilal Dave as Additional Independent Director on August 12, 2026.
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Outcome of Board Meeting
- Board approved Q1 FY27 standalone and consolidated results; appointed Hemant Jayantilal Dave as additional independent director.
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Updates
- Promoter Bhavik Suryakant Parikh released pledge on 2.60 crore Globe Enterprises shares on August 11, 2026.
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General Updates
- Globe Enterprises received NSE no-objection for demerger scheme with Morabia Creation; observation letters dated July 6, 2026.
Annual reports
Concalls
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Jan 2025TranscriptAI SummaryPPT
Business Overview:[1][2]
GTIL is in the business of textile manufacturing of premium knits and women’s fabrics, serving the
kids’, men’s, and women’s apparel markets. It offers a wide range of customized products. The company
specializes in Denim and Non-Denim fabrics, Shirting Fabrics, and Printing Fabrics, Home Textiles, Jeans and Yarns.