Globe International Carriers Ltd
Globe International Carriers Ltd is a Jaipur-
based, asset-light logistics company. It
arranges third-party trucks for industrial
freight and also provides warehousing,
distribution and cross-border clearing.[1]
- Market Cap ₹ 275 Cr.
- Current Price ₹ 24.6
- High / Low ₹ 52.4 / 15.6
- Stock P/E 36.1
- Book Value ₹ 8.56
- Dividend Yield 0.00 %
- ROCE 12.4 %
- ROE 9.85 %
- Face Value ₹ 5.00
Pros
- Company has delivered good profit growth of 52.6% CAGR over last 5 years
Cons
- Stock is trading at 2.87 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 8.58% over last 3 years.
- Promoter holding has decreased over last 3 years: -6.83%
* 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 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 114 | 103 | 111 | 105 | 95 | 80 | 80 | 108 | 114 | 114 | 157 | 163 | |
| 110 | 99 | 107 | 101 | 91 | 77 | 77 | 104 | 109 | 109 | 147 | 152 | |
| Operating Profit | 5 | 4 | 4 | 4 | 4 | 4 | 3 | 4 | 5 | 6 | 9 | 12 |
| OPM % | 4.1% | 4.1% | 3.9% | 3.8% | 4.1% | 4.4% | 4.1% | 3.7% | 4.3% | 4.9% | 6% | 7% |
| 0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | |
| Interest | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Depreciation | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 1 | 2 | 2 | 2 | 2 | 1 | 1 | 2 | 3 | 3 | 7 | 11 |
| Tax % | 34% | 39% | 35% | 33% | 30% | 25% | 26% | 28% | 27% | 25% | 26% | 28% |
| 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 5 | 8 | |
| EPS in Rs | 0.66 | 0.14 | 0.16 | 0.12 | 0.12 | 0.10 | 0.09 | 0.14 | 0.19 | 0.25 | 0.49 | 0.69 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 27% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 15% |
| 3 Years: | 13% |
| TTM: | 4% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 21% |
| 5 Years: | 53% |
| 3 Years: | 60% |
| TTM: | 55% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 30% |
| 1 Year: | -30% |
| Return on Equity | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 8% |
| 3 Years: | 9% |
| Last Year: | 10% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.98 | 6 | 8 | 8 | 8 | 8 | 10 | 10 | 20 | 25 | 25 | 56 |
| Reserves | 12 | 8 | 13 | 14 | 15 | 16 | 15 | 16 | 8 | 29 | 34 | 40 |
| 15 | 18 | 22 | 20 | 21 | 20 | 18 | 20 | 20 | 20 | 25 | 30 | |
| 3 | 3 | 4 | 4 | 4 | 4 | 5 | 17 | 12 | 9 | 11 | 14 | |
| Total Liabilities | 31 | 35 | 46 | 45 | 49 | 48 | 48 | 64 | 61 | 83 | 96 | 140 |
| 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 3 | |
| CWIP | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 30 |
| 29 | 34 | 45 | 45 | 47 | 46 | 47 | 62 | 59 | 81 | 94 | 107 | |
| Total Assets | 31 | 35 | 46 | 45 | 49 | 48 | 48 | 64 | 61 | 83 | 96 | 140 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -1 | 1 | -3 | 4 | 5 | 0 | 0 | -1 | 1 | -11 | 10 | 7 | |
| 3 | 1 | -0 | -2 | -4 | 2 | -2 | 3 | 2 | -8 | -9 | -3 | |
| -2 | -2 | 3 | -2 | -1 | -2 | 1 | -1 | -4 | 20 | -2 | -3 | |
| Net Cash Flow | 0 | 0 | -0 | 0 | 0 | -0 | -0 | -0 | 0 | 0 | -0 | 1 |
| Free Cash Flow | -1 | 2 | -3 | 4 | 3 | 0 | 0 | -1 | 1 | -13 | 10 | 6 |
| CFO/OP | -28% | 48% | -44% | 125% | 129% | 20% | 16% | -22% | 43% | -190% | 126% | 84% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 83 | 104 | 119 | 119 | 129 | 159 | 156 | 176 | 134 | 120 | 104 | 88 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 83 | 104 | 119 | 119 | 129 | 159 | 156 | 176 | 134 | 120 | 104 | 88 |
| Working Capital Days | 34 | 42 | 45 | 44 | 44 | 65 | 72 | 70 | 75 | 127 | 87 | 142 |
| ROCE % | 12% | 13% | 12% | 9% | 9% | 7% | 7% | 8% | 10% | 9% | 11% | 12% |
Insights
In beta| Aug 2016 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Number of Permanent Employees employees |
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| Aggregated Active Fleet Size vehicles |
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| Number of Branches branches |
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| Average Load per Trip MT/trip |
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| Freight Volume Transported MT |
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| Number of B2B Clients clients |
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| Number of Trips trips |
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| Pincode Service Coverage pincodes |
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Extracted by Screener AI
Documents
Announcements
-
Copy of Newspaper Publication
- Notice published for 16th AGM and e-voting information on 9 September 2026.
-
Reply to Clarification- Financial results
- Globe International Carriers filed Q1 FY2026-27 results, clarifying standalone submission and machine-readable copy were rectified.
-
Shareholders meeting
- 16th AGM on Sept. 30, 2026; shareholders to approve FY26 accounts and higher director pay.
-
Updates
- Board approved unaudited Q1 FY27 results for quarter ended June 30, 2026; review report unmodified.
-
Clarification - Financial Results
- Exchange has sought clarification from Globe International Carriers Limited for the quarter ended 30-Jun-2026 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. …
Annual reports
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Annual Report 2026
from nse
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Annual Report 2025
from nse
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Annual Report 2024
from nse
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Annual Report 2023
from nse
-
Annual Report 2022
from nse
-
Annual Report 2021
from nse
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Annual Report 2020
from nse
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Annual Report 2019
from nse
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Annual Report 2018
from nse
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Annual Report 2017
from nse
Concalls
-
Jun 2026PPT
Business model & evolution
GICL mainly matches customer orders with pre-checked third-party fleets and manages routes, prices, tracking, billing, and customs documents. It owns no normal truck fleet, except vehicles needed for Indian Banks' Association requirements. It added solar project work in FY24 and real estate/hospitality in FY26. It migrated from NSE SME to the NSE Main Board in February 2026. [1] [2]