Globe Textiles (India) Ltd
Incorporated in 1995, Globe Textiles (India) Ltd is involved in trading and manufacturing of textile products[1]
- Market Cap ₹ 108 Cr.
- Current Price ₹ 2.40
- High / Low ₹ 5.42 / 2.08
- Stock P/E 12.4
- Book Value ₹ 3.24
- Dividend Yield 0.00 %
- ROCE 10.5 %
- ROE 6.97 %
- Face Value ₹ 2.00
Pros
- Stock is trading at 0.74 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%
- Earnings include an other income of Rs.8.84 Cr.
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | |
|---|---|---|
| 459 | 554 | |
| 442 | 529 | |
| Operating Profit | 17 | 25 |
| OPM % | 4% | 5% |
| 16 | 9 | |
| Interest | 15 | 16 |
| Depreciation | 5 | 5 |
| Profit before tax | 12 | 13 |
| Tax % | 29% | 28% |
| 9 | 10 | |
| EPS in Rs | 0.20 | 0.21 |
| Dividend Payout % | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 21% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 52% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 14% |
| 3 Years: | -20% |
| 1 Year: | -3% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 7% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | |
|---|---|---|
| Equity Capital | 60 | 90 |
| Reserves | 44 | 56 |
| 121 | 148 | |
| 89 | 91 | |
| Total Liabilities | 314 | 385 |
| 66 | 77 | |
| CWIP | 3 | 0 |
| Investments | 0 | 0 |
| 244 | 308 | |
| Total Assets | 314 | 385 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | |
|---|---|---|
| 12 | -18 | |
| -1 | -36 | |
| -11 | 54 | |
| Net Cash Flow | 0 | 0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | |
|---|---|---|
| Debtor Days | 89 | 107 |
| Inventory Days | 96 | 93 |
| Days Payable | 59 | 59 |
| Cash Conversion Cycle | 126 | 141 |
| Working Capital Days | 125 | 141 |
| ROCE % | 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