Globe Textiles (India) Ltd

Globe Textiles (India) Ltd

₹ 2.40 -1.64%
22 May - 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 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

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
136.40 110.88 103.67 107.94 124.42 147.96 151.59 130.02
133.52 103.91 99.00 105.91 118.99 140.88 145.71 123.23
Operating Profit 2.88 6.97 4.67 2.03 5.43 7.08 5.88 6.79
OPM % 2.11% 6.29% 4.50% 1.88% 4.36% 4.79% 3.88% 5.22%
4.64 0.28 2.94 7.66 3.20 2.23 2.73 0.68
Interest 3.42 3.62 4.03 3.70 3.80 3.51 3.57 4.92
Depreciation 1.21 1.19 1.24 1.21 1.26 1.30 1.30 1.26
Profit before tax 2.89 2.44 2.34 4.78 3.57 4.50 3.74 1.29
Tax % 22.49% 22.54% 18.80% 40.79% 23.81% 15.56% 22.19% 95.35%
2.24 1.88 1.90 2.84 2.71 3.80 2.92 0.06
EPS in Rs 0.04 0.04 0.04 0.07 0.06 0.08 0.06 0.00
Raw PDF

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%

Shareholding Pattern

Numbers in percentages

5 Recently
Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
60.47% 52.98% 44.37% 41.06% 40.91% 40.91% 40.91% 42.11% 42.11% 42.11% 42.11% 31.78%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.03% 0.00%
39.54% 47.01% 55.63% 58.94% 59.09% 59.09% 59.09% 57.89% 57.89% 57.89% 57.87% 68.22%
No. of Shareholders 51,45050,86253,23953,18852,04057,49455,70857,08568,54568,54576,14381,681

* 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.

Click on the line-items to see the names of individual entities.

Documents