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 ₹ 326 Cr.
- Current Price ₹ 29.1
- High / Low ₹ 52.4 / 15.6
- Stock P/E 32.7
- Book Value ₹ 8.76
- Dividend Yield 0.00 %
- ROCE 15.9 %
- ROE 14.6 %
- Face Value ₹ 5.00
Pros
- Company has delivered good profit growth of 65.8% CAGR over last 5 years
Cons
- Stock is trading at 3.35 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 10.8% 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| 115 | 116 | 88 | 80 | 108 | 114 | 114 | 157 | 175 | 177 | |
| 111 | 112 | 85 | 77 | 104 | 109 | 109 | 148 | 155 | 157 | |
| Operating Profit | 4 | 4 | 3 | 3 | 4 | 5 | 6 | 9 | 19 | 20 |
| OPM % | 3.6% | 3.9% | 3.3% | 4.1% | 3.7% | 4.4% | 4.9% | 6% | 11% | 11% |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 2 | |
| Interest | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 5 | 5 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 2 | 2 | 1 | 1 | 2 | 3 | 3 | 7 | 16 | 16 |
| Tax % | 33% | 29% | 46% | 26% | 28% | 27% | 24% | 24% | 28% | |
| 1 | 2 | 0 | 1 | 1 | 2 | 3 | 5 | 12 | 12 | |
| EPS in Rs | 0.12 | 0.16 | 0.04 | 0.09 | 0.14 | 0.19 | 0.26 | 0.51 | 1.04 | 0.89 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 26% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 17% |
| 3 Years: | 15% |
| TTM: | 10% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 66% |
| 3 Years: | 82% |
| TTM: | 73% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 40% |
| 1 Year: | -29% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 10% |
| 3 Years: | 11% |
| Last Year: | 15% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 8 | 8 | 8 | 10 | 10 | 20 | 25 | 25 | 56 |
| Reserves | 14 | 16 | 16 | 15 | 16 | 8 | 29 | 34 | 42 |
| 20 | 21 | 20 | 18 | 20 | 20 | 20 | 25 | 48 | |
| 5 | 5 | 4 | 5 | 17 | 12 | 8 | 11 | 57 | |
| Total Liabilities | 46 | 50 | 48 | 48 | 64 | 60 | 83 | 95 | 203 |
| 1 | 1 | 2 | 1 | 1 | 1 | 2 | 2 | 55 | |
| CWIP | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| 45 | 48 | 46 | 47 | 62 | 59 | 81 | 93 | 148 | |
| Total Assets | 46 | 50 | 48 | 48 | 64 | 60 | 83 | 95 | 203 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| 5 | 7 | 0 | 0 | -1 | 1 | -11 | 10 | 17 | |
| -2 | -4 | 2 | -2 | 3 | 2 | -8 | -9 | 8 | |
| -2 | -1 | -2 | 1 | -1 | -4 | 20 | -2 | -23 | |
| Net Cash Flow | 1 | 2 | -0 | 0 | 0 | -1 | 0 | -0 | 2 |
| Free Cash Flow | 4 | 6 | 0 | 0 | -1 | 1 | -12 | 10 | 14 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 129% | 171% | 24% | 22% | -17% | 34% | -186% | 129% | 100% |
Ratios
Consolidated / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 121 | 123 | 155 | 165 | 183 | 140 | 125 | 75 | 108 |
| Inventory Days | |||||||||
| Days Payable | |||||||||
| Cash Conversion Cycle | 121 | 123 | 155 | 165 | 183 | 140 | 125 | 75 | 108 |
| Working Capital Days | 50 | 51 | 69 | 82 | 77 | 83 | 134 | 136 | 167 |
| ROCE % | 10% | 6% | 7% | 8% | 10% | 9% | 11% | 16% |
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 ・Standalone data |
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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
-
Updates
- Q1 FY27 investor presentation: revenue ₹37.18 Cr, PAT ₹1.62 Cr, 11.8% PAT growth.
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
- Submitted Regulation 74(5) certificate for quarter ended 30 September 2026.
-
Shareholders meeting
- Globe International Carriers’ 16th AGM resolutions passed on 30 Sep 2026, including accounts adoption and remuneration increases.
-
Shareholders meeting
- Globe International Carriers Limited has informed regarding Proceedings of Annual General Meeting held on September 30, 2026 along with a copy of minutes.
-
Trading Window
- Trading window closed from 1 Oct 2026 until 48 hours after H1 FY27 results.
Annual reports
-
Annual Report 2026
from nse
-
Annual Report 2025
from nse
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Annual Report 2024
from nse
-
Annual Report 2023
from nse
-
Annual Report 2022
from nse
-
Annual Report 2021
from nse
-
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
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]