Globe Textiles (India) Ltd
Incorporated in 1995, Globe Textiles (India) Ltd is involved in trading and manufacturing of textile products[1]
- Market Cap ₹ 109 Cr.
- Current Price ₹ 2.43
- High / Low ₹ 5.42 / 2.08
- Stock P/E 18.1
- Book Value ₹ 3.41
- Dividend Yield 0.00 %
- ROCE 9.61 %
- ROE 4.69 %
- 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 has decreased over last quarter: -10.3%
- Promoter holding is low: 31.8%
- Company has a low return on equity of 6.50% over last 3 years.
* 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: Textiles Industry: Textiles - 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
166 | 171 | 183 | 190 | 243 | 257 | 265 | 259 | 383 | 399 | 428 | 524 | |
160 | 168 | 176 | 182 | 234 | 246 | 255 | 255 | 369 | 382 | 407 | 501 | |
Operating Profit | 6 | 3 | 6 | 9 | 9 | 12 | 10 | 4 | 15 | 18 | 21 | 24 |
OPM % | 4% | 2% | 4% | 5% | 4% | 5% | 4% | 2% | 4% | 4% | 5% | 4% |
0 | 4 | 1 | 2 | 3 | 1 | 2 | 4 | 2 | 2 | 2 | 2 | |
Interest | 3 | 4 | 4 | 5 | 6 | 6 | 7 | 6 | 9 | 12 | 12 | 14 |
Depreciation | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 3 |
Profit before tax | 4 | 3 | 2 | 5 | 5 | 6 | 4 | 1 | 7 | 6 | 8 | 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 | |
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 |
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: | 22% |
Compounded Profit Growth | |
---|---|
10 Years: | 9% |
5 Years: | 15% |
3 Years: | 6% |
TTM: | -5% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 14% |
3 Years: | -20% |
1 Year: | -3% |
Return on Equity | |
---|---|
10 Years: | 7% |
5 Years: | 6% |
3 Years: | 7% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 2 | 3 | 3 | 9 | 10 | 10 | 10 | 10 | 30 | 30 | 60 | 90 |
Reserves | 11 | 17 | 19 | 16 | 25 | 29 | 32 | 33 | 20 | 24 | 44 | 64 |
34 | 30 | 40 | 53 | 60 | 55 | 59 | 74 | 91 | 105 | 64 | 137 | |
23 | 20 | 21 | 33 | 37 | 45 | 84 | 97 | 118 | 79 | 80 | 83 | |
Total Liabilities | 70 | 71 | 83 | 111 | 132 | 139 | 186 | 214 | 259 | 239 | 247 | 373 |
1 | 1 | 14 | 17 | 21 | 20 | 19 | 18 | 29 | 31 | 28 | 27 | |
CWIP | 7 | 14 | 0 | 5 | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 33 |
62 | 56 | 68 | 89 | 111 | 119 | 167 | 196 | 227 | 208 | 219 | 314 | |
Total Assets | 70 | 71 | 83 | 111 | 132 | 139 | 186 | 214 | 259 | 239 | 247 | 373 |
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 | 95 |
Days Payable | 39 | 35 | 33 | 54 | 45 | 51 | 114 | 132 | 86 | 80 | 55 | 56 |
Cash Conversion Cycle | 95 | 75 | 91 | 115 | 98 | 115 | 118 | 125 | 126 | 116 | 138 | 152 |
Working Capital Days | 79 | 60 | 88 | 101 | 104 | 99 | 108 | 140 | 104 | 118 | 119 | 161 |
ROCE % | 17% | 14% | 12% | 14% | 12% | 12% | 11% | 7% | 12% | 11% | 13% | 10% |
Documents
Announcements
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Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
22 May 2025 - GLOBE TEXTILES (INDIA) LIMITED has informed about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
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Copy of Newspaper Publication
22 May 2025 - Globe Textiles published audited financial results for quarter and year ended March 31, 2025.
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Outcome of Board Meeting
21 May 2025 - Approved FY25 audited financials; appointed secretarial and internal auditors for next term.
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Statement of deviation(s) or variation(s) under Reg. 32
21 May 2025 - Rights Issue raised Rs. 450.4 Cr; fund use deviated due to shortfall, adjusted working capital and corporate purposes.
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Integrated Filing- Financial
21 May 2025 - Audited FY25 results with Rs. 450 Cr rights issue and full acquisition of subsidiary Globe Demvash.
Annual reports
Concalls
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Jan 2025TranscriptNotesPPT
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