Globe International Carriers Ltd
Incorporated in 2010, Globe International
Carriers Ltd. is an end-to-end transportation
and logistic service provider[1]
- Market Cap ₹ 453 Cr.
- Current Price ₹ 40.5
- High / Low ₹ 51.5 / 15.2
- Stock P/E 64.2
- Book Value ₹ 8.19
- Dividend Yield 0.00 %
- ROCE 11.3 %
- ROE 8.71 %
- Face Value ₹ 5.00
Pros
- Company has delivered good profit growth of 38.3% CAGR over last 5 years
Cons
- Stock is trading at 4.94 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 7.40% over last 3 years.
- Promoter holding has decreased over last 3 years: -10.7%
* 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
Services Services Transport Services Logistics Solution Provider
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 107 | 114 | 103 | 111 | 105 | 95 | 80 | 80 | 108 | 114 | 114 | 157 | |
| 102 | 110 | 99 | 107 | 101 | 91 | 77 | 77 | 104 | 109 | 109 | 147 | |
| Operating Profit | 5 | 5 | 4 | 4 | 4 | 4 | 4 | 3 | 4 | 5 | 6 | 9 |
| OPM % | 5% | 4% | 4% | 4% | 4% | 4% | 4% | 4% | 4% | 4% | 5% | 6% |
| 0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Depreciation | 3 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 1 | 2 | 2 | 2 | 2 | 1 | 1 | 2 | 3 | 3 | 7 |
| Tax % | 43% | 34% | 39% | 35% | 33% | 30% | 25% | 26% | 28% | 27% | 25% | 26% |
| 0 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 5 | |
| EPS in Rs | 0.10 | 0.66 | 0.14 | 0.16 | 0.12 | 0.12 | 0.10 | 0.09 | 0.14 | 0.19 | 0.25 | 0.49 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 27% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 14% |
| 3 Years: | 13% |
| TTM: | 23% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 20% |
| 5 Years: | 38% |
| 3 Years: | 51% |
| TTM: | 130% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 81% |
| 3 Years: | 52% |
| 1 Year: | 155% |
| Return on Equity | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 7% |
| 3 Years: | 7% |
| Last Year: | 9% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.98 | 0.98 | 6 | 8 | 8 | 8 | 8 | 10 | 10 | 20 | 25 | 25 | 28 |
| Reserves | 11 | 12 | 8 | 13 | 14 | 15 | 16 | 15 | 16 | 8 | 29 | 34 | 64 |
| 20 | 15 | 18 | 22 | 20 | 21 | 20 | 18 | 20 | 20 | 20 | 25 | 27 | |
| 4 | 3 | 3 | 4 | 4 | 4 | 4 | 5 | 17 | 12 | 9 | 11 | 10 | |
| Total Liabilities | 36 | 31 | 35 | 46 | 45 | 49 | 48 | 48 | 64 | 61 | 83 | 96 | 129 |
| 6 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 29 |
| 29 | 29 | 34 | 45 | 45 | 47 | 46 | 47 | 62 | 59 | 81 | 94 | 98 | |
| Total Assets | 36 | 31 | 35 | 46 | 45 | 49 | 48 | 48 | 64 | 61 | 83 | 96 | 129 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 5 | -1 | 1 | -3 | 4 | 5 | 0 | 0 | -1 | 1 | -11 | 10 | |
| 3 | 3 | 1 | -0 | -2 | -4 | 2 | -2 | 3 | 2 | -8 | -9 | |
| -8 | -2 | -2 | 3 | -2 | -1 | -2 | 1 | -1 | -4 | 20 | -2 | |
| Net Cash Flow | -0 | 0 | 0 | -0 | 0 | 0 | -0 | -0 | -0 | 0 | 0 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 88 | 83 | 104 | 119 | 119 | 129 | 159 | 156 | 176 | 134 | 120 | 104 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 88 | 83 | 104 | 119 | 119 | 129 | 159 | 156 | 176 | 134 | 120 | 104 |
| Working Capital Days | 17 | 34 | 42 | 45 | 44 | 44 | 65 | 72 | 70 | 75 | 127 | 87 |
| ROCE % | 9% | 12% | 13% | 12% | 9% | 9% | 7% | 7% | 8% | 10% | 9% | 11% |
Documents
Announcements
-
Copy of Newspaper Publication
17 November 2025 - Newspaper ads (16/11/2025) for financial results approved in Board meeting dated 14/11/2025 filed with exchanges.
-
Outcome of Board Meeting
15 November 2025 - Board approved unaudited standalone and consolidated results for Q2/H1 ended Sep 30, 2025.
-
Outcome of Board Meeting
14 November 2025 - Board approved unaudited standalone and consolidated Q2/H1 results ended 30 Sep 2025.
-
General Updates
10 November 2025 - Secretarial report: unsigned Sep 30, 2024 financials; limited review format/UDIN missing; loans to LLP violate Sections 185/186.
-
Allotment of Securities
27 October 2025 - Allotted 5,59,77,294 bonus shares (1:1); record date 15 Oct 2025; equity count 11,19,54,588.
Business Overview[1]
Company is a cargo transportation and logistic solution provider in India. It offers services for Full truckload consignments and provides transit of material across national and international borders using multimode solutions.