Globe Enterprises (India) Ltd
Incorporated in 1995, Globe Textiles (India) Ltd is involved in trading and manufacturing of textile products[1]
- Market Cap ₹ 110 Cr.
- Current Price ₹ 2.45
- High / Low ₹ 5.22 / 2.02
- Stock P/E 17.4
- Book Value ₹ 3.51
- Dividend Yield 0.00 %
- ROCE 9.24 %
- ROE 4.67 %
- Face Value ₹ 2.00
Pros
- Stock is trading at 0.70 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Promoter holding is low: 32.8%
- Company has a low return on equity of 6.49% over last 3 years.
- Promoter holding has decreased over last 3 years: -21.7%
* 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
Consumer Discretionary Textiles Textiles & Apparels Other Textile Products
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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 166 | 171 | 183 | 190 | 243 | 257 | 265 | 259 | 383 | 399 | 428 | 524 | 553 | |
| 160 | 168 | 176 | 182 | 234 | 246 | 255 | 255 | 369 | 382 | 407 | 501 | 528 | |
| Operating Profit | 6 | 3 | 6 | 9 | 9 | 12 | 10 | 4 | 15 | 18 | 21 | 24 | 25 |
| OPM % | 4% | 2% | 4% | 5% | 4% | 5% | 4% | 2% | 4% | 4% | 5% | 4% | 4% |
| 0 | 4 | 1 | 2 | 3 | 1 | 2 | 4 | 2 | 2 | 2 | 2 | 2 | |
| Interest | 3 | 4 | 4 | 5 | 6 | 6 | 7 | 6 | 9 | 12 | 12 | 14 | 16 |
| Depreciation | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 3 | 3 |
| Profit before tax | 4 | 3 | 2 | 5 | 5 | 6 | 4 | 1 | 7 | 6 | 8 | 9 | 9 |
| Tax % | 37% | 29% | 32% | 32% | 35% | 33% | 22% | 82% | 21% | 20% | 30% | 27% | |
| 2 | 2 | 2 | 3 | 3 | 4 | 3 | 0 | 5 | 5 | 6 | 7 | 6 | |
| EPS in Rs | 0.22 | 0.18 | 0.12 | 0.09 | 0.07 | 0.08 | 0.07 | 0.01 | 0.11 | 0.10 | 0.13 | 0.15 | 0.15 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 15% |
| 3 Years: | 11% |
| TTM: | 23% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 15% |
| 3 Years: | 5% |
| TTM: | -10% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -3% |
| 3 Years: | -11% |
| 1 Year: | -42% |
| Return on Equity | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 6% |
| 3 Years: | 6% |
| Last Year: | 5% |
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 | 2 | 3 | 3 | 9 | 10 | 10 | 10 | 10 | 30 | 30 | 60 | 90 | 90 |
| Reserves | 11 | 17 | 19 | 16 | 25 | 29 | 32 | 33 | 20 | 24 | 44 | 64 | 68 |
| 34 | 30 | 40 | 53 | 60 | 55 | 59 | 74 | 91 | 105 | 81 | 137 | 156 | |
| 23 | 20 | 21 | 33 | 37 | 45 | 84 | 97 | 118 | 79 | 62 | 83 | 96 | |
| Total Liabilities | 70 | 71 | 83 | 111 | 132 | 139 | 186 | 214 | 259 | 239 | 247 | 373 | 411 |
| 1 | 1 | 14 | 17 | 21 | 20 | 19 | 18 | 29 | 31 | 28 | 27 | 23 | |
| CWIP | 7 | 14 | 0 | 5 | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 33 | 33 |
| 62 | 56 | 68 | 89 | 111 | 119 | 167 | 196 | 227 | 208 | 219 | 314 | 355 | |
| Total Assets | 70 | 71 | 83 | 111 | 132 | 139 | 186 | 214 | 259 | 239 | 247 | 373 | 411 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -8 | 9 | -7 | -2 | -5 | 10 | 2 | -7 | -9 | -1 | -9 | -34 | |
| -7 | -7 | 1 | -8 | -1 | -0 | -1 | -1 | -0 | -3 | 0 | -34 | |
| 16 | -2 | 6 | 9 | 7 | -12 | -1 | 8 | 9 | 3 | 9 | 68 | |
| Net Cash Flow | 1 | 0 | -0 | -1 | 1 | -2 | -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 | 64 | 56 | 64 | 84 | 69 | 87 | 133 | 157 | 118 | 100 | 87 | 113 |
| Inventory Days | 69 | 54 | 60 | 85 | 74 | 79 | 99 | 100 | 94 | 96 | 106 | 101 |
| Days Payable | 39 | 35 | 33 | 54 | 45 | 51 | 114 | 132 | 86 | 80 | 53 | 59 |
| Cash Conversion Cycle | 95 | 75 | 91 | 115 | 98 | 115 | 118 | 125 | 126 | 116 | 140 | 155 |
| Working Capital Days | 15 | 8 | 18 | 16 | 25 | 34 | 34 | 48 | 35 | 43 | 76 | 69 |
| ROCE % | 17% | 14% | 12% | 14% | 12% | 12% | 11% | 7% | 12% | 11% | 12% | 9% |
Documents
Announcements
-
Press Release
13 November 2025 - Q2 revenue ₹15,856.26 lacs; PAT ₹446.38 lacs (+219.94%); promoter bought 45,00,000 shares; demerger approved.
-
Updates
12 November 2025 - Bhavik Parikh bought 4,500,000 shares on 11-Nov-2025; stake rose to 7.89% (Rs12,856,450).
-
General Updates
11 November 2025 - Revised auditor's certificate submitted clarifying name change to Globe Enterprises (India) Limited.
-
Outcome of Board Meeting
5 November 2025 - Board approved opening of Mumbai virtual branch office (9th Floor, AT by AGM, Andheri East) on Nov 5, 2025.
-
Copy of Newspaper Publication
31 October 2025 - Published unaudited standalone and consolidated results for quarter/half-year ended Sep 30, 2025; ad published Oct 31, 2025.
Annual reports
Concalls
-
Jan 2025TranscriptAI SummaryPPT
Business Overview:[1]
Company is a STAR Exporter of Fabrics and garments and has one of its unit in SEZ. It sources, manufactures, supplies and trades complete range of textile and apparel products and services – from fiber to fashion