Globe Enterprises (India) Ltd

Globe Enterprises (India) Ltd

₹ 2.27 -1.73%
17 Jun - close price
About

Incorporated in 1995, Globe Textiles (India) Ltd is involved in trading and manufacturing of textile products[1]

Key Points

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

  • 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
110.04 128.84 105.95 92.83 100.61 114.74 139.58 146.35 123.58 125.56 157.41 144.98 170.89
107.10 123.83 100.85 86.89 96.58 109.53 132.91 140.14 118.09 119.30 150.67 136.63 165.31
Operating Profit 2.94 5.01 5.10 5.94 4.03 5.21 6.67 6.21 5.49 6.26 6.74 8.35 5.58
OPM % 2.67% 3.89% 4.81% 6.40% 4.01% 4.54% 4.78% 4.24% 4.44% 4.99% 4.28% 5.76% 3.27%
1.35 0.15 0.16 0.14 2.33 1.19 0.27 0.18 0.73 0.14 0.93 -0.06 1.17
Interest 2.74 2.63 2.87 3.37 2.96 3.12 2.94 3.14 4.56 3.99 3.82 4.30 4.41
Depreciation 0.72 0.69 0.67 0.73 0.69 0.70 0.72 0.72 0.68 0.62 0.60 0.61 0.60
Profit before tax 0.83 1.84 1.72 1.98 2.71 2.58 3.28 2.53 0.98 1.79 3.25 3.38 1.74
Tax % 8.43% 20.11% 21.51% 17.68% 52.03% 22.87% 9.76% 36.76% 69.39% 49.16% -8.92% 48.82% 42.53%
0.76 1.46 1.35 1.64 1.30 1.98 2.96 1.60 0.30 0.91 3.54 1.72 1.00
EPS in Rs 0.02 0.03 0.03 0.04 0.03 0.04 0.07 0.04 0.01 0.02 0.08 0.04 0.02
Raw PDF

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

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Gas Consumption
MMBTU
Workforce Size
Employees
Daily Manufacturing Capacity
Units/day
Infrastructure Space
Sq. Ft.
Number of Customers Worldwide
Count

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Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
40.91% 40.91% 40.91% 42.11% 42.11% 42.11% 42.11% 31.78% 31.78% 32.84% 34.35% 34.35%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.03% 0.00% 0.08% 0.08% 0.00% 0.00%
59.09% 59.09% 59.09% 57.89% 57.89% 57.89% 57.87% 68.22% 68.14% 67.08% 65.65% 65.65%
No. of Shareholders 52,04057,49455,70857,08568,54568,54576,14381,68180,56779,32077,50574,801

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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