Globe International Carriers Ltd
Incorporated in 2010, Globe International
Carriers Ltd. is an end-to-end transportation
and logistic service provider[1]
- Market Cap ₹ 106 Cr.
- Current Price ₹ 42.4
- High / Low ₹ 77.7 / 34.6
- Stock P/E 35.3
- Book Value ₹ 11.4
- Dividend Yield 0.59 %
- ROCE 10.3 %
- ROE 7.04 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 3.90 times its book value
- The company has delivered a poor sales growth of -0.24% over past five years.
- Company has a low return on equity of 5.53% over last 3 years.
- Promoter holding has decreased over last 3 years: -3.39%
* 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: Logistics Industry: Miscellaneous
Half Yearly 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 | TTM | |
|---|---|---|---|---|---|---|---|
| 115 | 116 | 88 | 80 | 108 | 114 | 126 | |
| 111 | 112 | 85 | 77 | 104 | 109 | 120 | |
| Operating Profit | 4 | 4 | 3 | 3 | 4 | 5 | 6 |
| OPM % | 4% | 4% | 3% | 4% | 4% | 4% | 5% |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 2 | 2 | 1 | 1 | 2 | 3 | 4 |
| Tax % | 33% | 29% | 46% | 26% | 28% | 27% | |
| 1 | 2 | 0 | 1 | 1 | 2 | 3 | |
| EPS in Rs | 0.49 | 0.64 | 0.16 | 0.36 | 0.58 | 0.77 | 1.20 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 26% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 0% |
| 3 Years: | 9% |
| TTM: | 6% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 9% |
| 3 Years: | 70% |
| TTM: | 111% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 38% |
| 3 Years: | 62% |
| 1 Year: | 11% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 5% |
| 3 Years: | 6% |
| Last Year: | 7% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 8 | 8 | 8 | 10 | 10 | 20 | 20 |
| Reserves | 14 | 16 | 16 | 15 | 16 | 8 | 8 |
| 20 | 21 | 20 | 18 | 20 | 20 | 17 | |
| 5 | 5 | 4 | 5 | 17 | 12 | 16 | |
| Total Liabilities | 46 | 50 | 48 | 48 | 64 | 60 | 61 |
| 1 | 1 | 2 | 1 | 1 | 1 | 1 | |
| CWIP | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 45 | 48 | 46 | 47 | 62 | 59 | 60 | |
| Total Assets | 46 | 50 | 48 | 48 | 64 | 60 | 61 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|
| 5 | 7 | 0 | 0 | -1 | 1 | |
| -2 | -4 | 2 | -2 | 3 | 2 | |
| -2 | -1 | -2 | 1 | -1 | -4 | |
| Net Cash Flow | 1 | 2 | -0 | 0 | 0 | -1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|
| Debtor Days | 121 | 123 | 155 | 165 | 183 | 140 |
| Inventory Days | ||||||
| Days Payable | ||||||
| Cash Conversion Cycle | 121 | 123 | 155 | 165 | 183 | 140 |
| Working Capital Days | 111 | 111 | 148 | 142 | 125 | 129 |
| ROCE % | 10% | 6% | 7% | 8% | 10% |
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.