Globesecure Technologies Ltd
Incorporated in 2016, Globesecure Technologies Limited is in the business of IT Security products and related services[1]
- Market Cap ₹ 18.8 Cr.
- Current Price ₹ 11.8
- High / Low ₹ 62.0 / 11.4
- Stock P/E
- Book Value ₹ 28.6
- Dividend Yield 0.00 %
- ROCE -4.87 %
- ROE -8.60 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 0.40 times its book value
Cons
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -4.08%
- The company has delivered a poor sales growth of -2.49% over past five years.
- Promoter holding is low: 23.5%
- Company has a low return on equity of -0.29% over last 3 years.
- Promoters have pledged 29.3% of their holding.
- Working capital days have increased from 419 days to 833 days
* 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
Information Technology Information Technology IT - Services IT Enabled Services
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| 9.92 | 19.18 | 18.88 | 26.37 | 25.83 | 23.89 | 16.91 | |
| 8.87 | 18.02 | 17.06 | 23.98 | 22.43 | 21.47 | 18.07 | |
| Operating Profit | 1.05 | 1.16 | 1.82 | 2.39 | 3.40 | 2.42 | -1.16 |
| OPM % | 10.58% | 6.05% | 9.64% | 9.06% | 13.16% | 10.13% | -6.86% |
| 0.51 | 0.06 | 0.07 | 0.24 | 0.02 | 1.13 | 0.01 | |
| Interest | 0.66 | 1.00 | 0.79 | 0.72 | 0.71 | 1.01 | 0.95 |
| Depreciation | 0.04 | 0.03 | 0.04 | 0.39 | 0.51 | 1.06 | 0.87 |
| Profit before tax | 0.86 | 0.19 | 1.06 | 1.52 | 2.20 | 1.48 | -2.97 |
| Tax % | 29.07% | 31.58% | 29.25% | 34.87% | 25.00% | 31.76% | -3.03% |
| 0.62 | 0.12 | 0.75 | 1.00 | 1.66 | 1.01 | -2.87 | |
| EPS in Rs | 0.91 | 0.14 | 0.85 | 1.02 | 1.04 | 0.64 | -1.80 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -2% |
| 3 Years: | -14% |
| TTM: | -29% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -384% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -37% |
| 1 Year: | -75% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 2% |
| 3 Years: | 0% |
| Last Year: | -9% |
Balance Sheet
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 3.92 | 5.00 | 5.00 | 5.62 | 9.11 | 9.11 | 15.94 |
| Reserves | 0.75 | 1.41 | 2.44 | 4.24 | 11.04 | 12.05 | 29.67 |
| 1.41 | 2.13 | 7.71 | 8.26 | 7.18 | 9.22 | 6.99 | |
| 9.57 | 13.89 | 14.86 | 21.76 | 11.61 | 4.39 | 8.49 | |
| Total Liabilities | 15.65 | 22.43 | 30.01 | 39.88 | 38.94 | 34.77 | 61.09 |
| 0.06 | 0.05 | 3.56 | 3.36 | 5.04 | 4.39 | 3.67 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 15.59 | 22.38 | 26.45 | 36.52 | 33.90 | 30.38 | 57.42 | |
| Total Assets | 15.65 | 22.43 | 30.01 | 39.88 | 38.94 | 34.77 | 61.09 |
Cash Flows
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| -3.14 | -0.96 | 4.36 | -5.50 | -5.46 | 2.07 | -24.06 | |
| -0.03 | -0.02 | -3.55 | -0.08 | -2.36 | -0.52 | -0.26 | |
| 3.44 | 0.62 | -0.79 | 5.86 | 7.73 | -1.50 | 24.35 | |
| Net Cash Flow | 0.28 | -0.36 | 0.01 | 0.27 | -0.09 | 0.05 | 0.03 |
Ratios
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 138.71 | 58.42 | 112.32 | 216.34 | 38.72 | 60.04 | 61.52 |
| Inventory Days | 152.79 | 110.75 | 118.72 | 110.60 | 280.98 | 213.53 | 272.63 |
| Days Payable | 406.88 | 238.23 | 253.64 | 314.55 | 170.64 | 11.99 | 179.98 |
| Cash Conversion Cycle | -115.37 | -69.05 | -22.59 | 12.40 | 149.06 | 261.58 | 154.17 |
| Working Capital Days | -45.62 | -77.45 | -40.99 | 69.35 | 188.36 | 235.75 | 833.39 |
| ROCE % | 16.28% | 15.53% | 13.47% | 12.81% | 8.63% | -4.87% |
Documents
Announcements
-
Action(s) initiated or orders passed
9 June 2025 - NCLT hearing on June 19 for Rs.1.33 crore default under insolvency proceedings.
-
Updates
5 June 2025 - No deviation in utilization of Rs 27.32 Cr Rights Issue proceeds as of March 31, 2025.
-
Update-Acquisition/Scheme/Sale/Disposal-XBRL
2 June 2025 - GLOBESECURE TECHNOLOGIES LIMITED has informed regarding Update-Acquisition/Scheme/Sale/Disposal-XBRL
-
Bagging/Receiving of orders/contracts
30 May 2025 - Received Rs. 75.98 lakh purchase order from Kotak Securities for 3-year NAC Refresh contract.
-
Bagging/Receiving of orders/contracts
30 May 2025 - Received Rs. 73.79 lakh order from Kotak Securities for 3-year NAC Refresh services.
Business Overview:[1]
GSTL is a digital transformation company with a focus on cyber security. Company has executed cybersecurity transformation projects, infrastructure, and digital transformation projects for various institutions and also provided similar independent services viz. consultation, architecture, solution design, implementation, monitoring and providing managed services
a) Cybersecurity:
MDR services, cloud security services, data protection, email security, endpoint security, Email security, and Office 360 security
b) Integrated Enterprise Solution:
Design and implement Network Infrastructure, LAN WAN0, Wi-Fi solutions, server, storage, backup, BCP, unified communication, Software Defined Networking, SDWAN, next-gen and network transformation
c) Managed Services:
Third-party services for infrastructure, IT, and other technical support