Skip to main content
Swing Capital

Globe Enterprises (India) Ltd

NSE: GLOBETextile

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

₹2.42
52W: ₹1.86 — ₹3.29
PE 16.8 · Book ₹3.51 · -31% vs book
Market Cap₹109 Cr
Stock P/E16.8Price to Earnings
ROCE9.24%Return on Capital
ROE4.67%Return on Equity
Div. Yield0%Face Value ₹2

Strengths

  • +Stock is trading at 0.69 times its book value

Weaknesses

  • −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 6.49% over last 3 years.
  • −Promoter holding has decreased over last 3 years: -6.72%

Shareholding Pattern

Promoters34.35%
FIIs0%
DIIs0%
Public65.65%
CategoryJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters42.11%42.11%42.11%31.78%▼10.331.78%32.84%▲1.134.35%▲1.534.35%
FIIs0%0%0.03%▲0.00%▼0.00.08%▲0.10.08%0%▼0.10%
DIIs0%0%0%0%0%0%0%0%
Public57.89%57.89%57.87%▼0.068.22%▲10.468.14%▼0.167.08%▼1.165.65%▼1.465.65%

Financial Statements

MetricSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales105.9592.83100.61114.74139.58146.35123.58125.56157.41144.98
Expenses100.8586.8996.58109.53132.91140.14118.09119.3150.67136.63
Operating Profit5.15.944.035.216.676.215.496.266.748.35
OPM %4.81%6.4%4.01%4.54%4.78%4.24%4.44%4.99%4.28%5.76%
Net Profit1.351.641.31.982.961.60.30.913.541.72
EPS ₹0.030.040.030.040.070.040.010.020.080.04

AI Insights

Revenue Trend

TTM revenue at ₹552Cr, up 5.3% YoY. OPM at 5%.

Debt Position

Borrowings at ₹156Cr. Debt-to-equity ratio: 2.29x. High leverage — monitor closely.

Institutional Flow

DIIs: 0% (+0.00pp change). FIIs: 0% (+0.00pp change). Promoters hold 34.35%.

Margin & Efficiency

ROCE declining from 17% (Mar 2014) to 9% (Mar 2025). Working capital days: 69.

Valuation

PE 16.8x with 9.24% ROCE. Price is -31% above book value of ₹3.51. Dividend yield: 0%.

Recent Announcements