Globe Enterprises (India) Ltd
Incorporated in 1995, Globe Textiles (India) Ltd is involved in trading and manufacturing of textile products[1]
- Market Cap ₹ 102 Cr.
- Current Price ₹ 2.27
- High / Low ₹ 3.29 / 1.86
- Stock P/E 11.6
- Book Value ₹ 3.57
- Dividend Yield 0.00 %
- ROCE 9.61 %
- ROE 5.58 %
- Face Value ₹ 2.00
Pros
- Stock is trading at 0.64 times its book value
- Company has delivered good profit growth of 104% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Promoter holding is low: 34.3%
- Company has a low return on equity of 5.80% over last 3 years.
- Promoter holding has decreased over last 3 years: -6.72%
* 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 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 171 | 183 | 190 | 243 | 257 | 265 | 259 | 383 | 399 | 428 | 524 | 599 | |
| 168 | 176 | 182 | 234 | 246 | 255 | 255 | 369 | 382 | 407 | 501 | 569 | |
| Operating Profit | 3 | 6 | 9 | 9 | 12 | 10 | 4 | 15 | 18 | 21 | 24 | 30 |
| OPM % | 2% | 4% | 5% | 4% | 5% | 4% | 2% | 4% | 4% | 5% | 4% | 5% |
| 4 | 1 | 2 | 3 | 1 | 2 | 4 | 2 | 2 | 2 | 2 | -0 | |
| Interest | 4 | 4 | 5 | 6 | 6 | 7 | 6 | 9 | 12 | 12 | 14 | 17 |
| Depreciation | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 3 | 2 |
| Profit before tax | 3 | 2 | 5 | 5 | 6 | 4 | 1 | 7 | 6 | 8 | 9 | 10 |
| Tax % | 29% | 32% | 32% | 35% | 33% | 22% | 82% | 21% | 20% | 30% | 27% | 29% |
| 2 | 2 | 3 | 3 | 4 | 3 | 0 | 5 | 5 | 6 | 7 | 7 | |
| EPS in Rs | 0.18 | 0.12 | 0.09 | 0.07 | 0.08 | 0.07 | 0.01 | 0.11 | 0.10 | 0.13 | 0.15 | 0.16 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 18% |
| 3 Years: | 14% |
| TTM: | 14% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 104% |
| 3 Years: | 25% |
| TTM: | 46% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -12% |
| 3 Years: | -1% |
| 1 Year: | -7% |
| Return on Equity | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 7% |
| 3 Years: | 6% |
| Last Year: | 6% |
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 | 3 | 3 | 9 | 10 | 10 | 10 | 10 | 30 | 30 | 60 | 90 | 90 |
| Reserves | 17 | 19 | 16 | 25 | 29 | 32 | 33 | 20 | 24 | 44 | 64 | 71 |
| 30 | 40 | 53 | 60 | 55 | 59 | 74 | 91 | 105 | 81 | 137 | 158 | |
| 20 | 21 | 33 | 37 | 45 | 84 | 97 | 118 | 79 | 62 | 83 | 78 | |
| Total Liabilities | 71 | 83 | 111 | 132 | 139 | 186 | 214 | 259 | 239 | 247 | 373 | 397 |
| 1 | 14 | 17 | 21 | 20 | 19 | 18 | 29 | 31 | 28 | 27 | 22 | |
| CWIP | 14 | 0 | 5 | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 33 | 33 |
| 56 | 68 | 89 | 111 | 119 | 167 | 196 | 227 | 208 | 219 | 314 | 342 | |
| Total Assets | 71 | 83 | 111 | 132 | 139 | 186 | 214 | 259 | 239 | 247 | 373 | 397 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 9 | -7 | -2 | -5 | 10 | 2 | -7 | -9 | -1 | -9 | -34 | -5 | |
| -7 | 1 | -8 | -1 | -0 | -1 | -1 | -0 | -3 | 0 | -34 | -0 | |
| -2 | 6 | 9 | 7 | -12 | -1 | 8 | 9 | 3 | 9 | 68 | 5 | |
| Net Cash Flow | 0 | -0 | -1 | 1 | -2 | -0 | -0 | 0 | -0 | 0 | 0 | -0 |
| Free Cash Flow | 3 | -8 | -10 | -6 | 10 | 2 | -7 | -9 | -3 | -10 | -35 | -5 |
| CFO/OP | 400% | -99% | -7% | -40% | 94% | 39% | -120% | -53% | 5% | -31% | -134% | -8% |
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 | 56 | 64 | 84 | 69 | 87 | 133 | 157 | 118 | 100 | 87 | 113 | 110 |
| Inventory Days | 54 | 60 | 85 | 74 | 79 | 99 | 100 | 94 | 96 | 106 | 101 | 90 |
| Days Payable | 35 | 33 | 54 | 45 | 51 | 114 | 132 | 86 | 80 | 53 | 59 | 43 |
| Cash Conversion Cycle | 75 | 91 | 115 | 98 | 115 | 118 | 125 | 126 | 116 | 140 | 155 | 157 |
| Working Capital Days | 8 | 18 | 16 | 25 | 34 | 34 | 48 | 35 | 43 | 76 | 69 | 56 |
| ROCE % | 14% | 12% | 14% | 12% | 12% | 11% | 7% | 12% | 11% | 12% | 9% | 10% |
Insights
In beta| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Jan 2025 | |
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| Electricity Consumption KWH |
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| Workforce Size Employees |
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| Daily Manufacturing Capacity Units/day |
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| Infrastructure Space Sq. Ft. |
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| Number of Customers Worldwide Count |
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Extracted by Screener AI
Documents
Announcements
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Disclosure under SEBI Takeover Regulations
15 June 2026 - Promoter group filed Regulation 31(4) disclosure for FY ended March 31, 2026.
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Copy of Newspaper Publication
22 May 2026 - Audited standalone and consolidated Q4/FY26 results published in newspapers on May 22, 2026.
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Outcome of Board Meeting
21 May 2026 - Board approved FY26 audited standalone and consolidated results, appointed internal auditor, and received unmodified audit opinion.
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Disclosure under SEBI Takeover Regulations
22 April 2026 - Bhavin Suryakant Parikh has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, …
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
6 April 2026 - RTA confirms Regulation 74(5) not applicable for quarter ended March 31, 2026.
Annual reports
Concalls
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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