Globesecure Technologies Ltd
₹ 33.8
-4.12%
23 Dec
- close price
About
Incorporated in 2016, Globesecure Technologies Limited is in the business of IT Security products and related services[1]
Key Points
- Market Cap ₹ 53.8 Cr.
- Current Price ₹ 33.8
- High / Low ₹ 81.7 / 33.6
- Stock P/E 51.7
- Book Value ₹ 30.5
- Dividend Yield 0.00 %
- ROCE 8.63 %
- ROE 4.89 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.11 times its book value
- Debtor days have improved from 105 to 60.0 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -1.78%
- Promoter holding is low: 34.0%
- Company has a low return on equity of 8.28% over last 3 years.
- Promoters have pledged 52.2% of their holding.
- Earnings include an other income of Rs.1.14 Cr.
- Working capital days have increased from 164 days to 236 days
* 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: IT - Software Industry: Computers - Software - Medium / Small
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Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|
| 9.92 | 19.18 | 18.88 | 26.37 | 25.83 | 23.89 | 24.35 | |
| 8.87 | 18.02 | 17.06 | 23.98 | 22.43 | 21.47 | 21.81 | |
| Operating Profit | 1.05 | 1.16 | 1.82 | 2.39 | 3.40 | 2.42 | 2.54 |
| OPM % | 10.58% | 6.05% | 9.64% | 9.06% | 13.16% | 10.13% | 10.43% |
| 0.51 | 0.06 | 0.07 | 0.24 | 0.02 | 1.13 | 1.14 | |
| Interest | 0.66 | 1.00 | 0.79 | 0.72 | 0.71 | 1.01 | 1.28 |
| Depreciation | 0.04 | 0.03 | 0.04 | 0.39 | 0.51 | 1.06 | 0.94 |
| Profit before tax | 0.86 | 0.19 | 1.06 | 1.52 | 2.20 | 1.48 | 1.46 |
| Tax % | 29.07% | 31.58% | 29.25% | 34.87% | 25.00% | 31.76% | |
| 0.62 | 0.12 | 0.75 | 1.00 | 1.66 | 1.01 | 1.04 | |
| EPS in Rs | 0.91 | 0.14 | 0.85 | 1.02 | 1.04 | 0.64 | 0.65 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 19% |
| 3 Years: | 8% |
| TTM: | -20% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 10% |
| 3 Years: | 11% |
| TTM: | -29% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -57% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 8% |
| 3 Years: | 8% |
| Last Year: | 5% |
Balance Sheet
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 3.92 | 5.00 | 5.00 | 5.62 | 9.11 | 9.11 | 15.94 |
| Reserves | 0.75 | 1.41 | 2.44 | 4.24 | 11.04 | 12.05 | 32.72 |
| 1.41 | 2.13 | 7.71 | 8.26 | 7.18 | 9.22 | 6.99 | |
| 9.57 | 13.89 | 14.86 | 21.76 | 11.61 | 4.39 | 4.22 | |
| Total Liabilities | 15.65 | 22.43 | 30.01 | 39.88 | 38.94 | 34.77 | 59.87 |
| 0.06 | 0.05 | 3.56 | 3.36 | 5.04 | 4.39 | 4.00 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 15.59 | 22.38 | 26.45 | 36.52 | 33.90 | 30.38 | 55.87 | |
| Total Assets | 15.65 | 22.43 | 30.01 | 39.88 | 38.94 | 34.77 | 59.87 |
Cash Flows
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| -3.14 | -0.96 | 4.36 | -5.50 | -5.46 | 2.07 | |
| -0.03 | -0.02 | -3.55 | -0.08 | -2.36 | -0.52 | |
| 3.44 | 0.62 | -0.79 | 5.86 | 7.73 | -1.50 | |
| Net Cash Flow | 0.28 | -0.36 | 0.01 | 0.27 | -0.09 | 0.05 |
Ratios
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Debtor Days | 138.71 | 58.42 | 112.32 | 216.34 | 38.72 | 60.04 |
| Inventory Days | 152.79 | 110.75 | 118.72 | 110.60 | 280.98 | 213.53 |
| Days Payable | 406.88 | 238.23 | 253.64 | 314.55 | 170.64 | 11.99 |
| Cash Conversion Cycle | -115.37 | -69.05 | -22.59 | 12.40 | 149.06 | 261.58 |
| Working Capital Days | -45.62 | -77.45 | -40.99 | 69.35 | 188.36 | 235.75 |
| ROCE % | 16.28% | 15.53% | 13.47% | 12.81% | 8.63% |
Documents
Announcements
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Updates
3 December 2024 - Globesecure Technologies Limited has informed regarding 'Execution of Memorandum of Understanding with Amity University'.
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Agreements,Contracts,Arrangements,MOU-XBRL
3 December 2024 - GLOBESECURE TECHNOLOGIES LIMITED has informed regarding Memorandum of Understanding
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Financial Result Updates
14 November 2024 - Globesecure Technologies Limited has submitted to the Exchange, the financial results for the period ended September 30, 2024.
-
Outcome of Board Meeting
14 November 2024 - Globesecure Technologies Limited has informed regarding Outcome of Board Meeting held on November 14, 2024.
-
Agreements,Contracts,Arrangements,MOU-XBRL
14 November 2024 - GLOBESECURE TECHNOLOGIES LIMITED has informed regarding Agreement for Research an AI Product Development
Business Overview:[1]
GSTL is a digital transformation company with a focus on cyber security. Company has executed cybersecurity transformation projects, infrastructure, and digital transformation projects for various institutions and also provided similar independent services viz. consultation, architecture, solution design, implementation, monitoring and providing managed services
a) Cybersecurity:
MDR services, cloud security services, data protection, email security, endpoint security, Email security, and Office 360 security
b) Integrated Enterprise Solution:
Design and implement Network Infrastructure, LAN WAN0, Wi-Fi solutions, server, storage, backup, BCP, unified communication, Software Defined Networking, SDWAN, next-gen and network transformation
c) Managed Services:
Third-party services for infrastructure, IT, and other technical support