Globe Enterprises (India) Ltd.
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ABOUT
AI Sector View
AI GENERATEDTextiles
This sector relies on indirect export proxies rather than direct textile production data. Exports of goods rose 15.0% YoY (2026-06), the currency is weak at 95.23 (Sep/26), and export prices are 163.50, all of which can help exporters, though terms of trade at 102.30 are below the prior 114 in the snapshot context. FPI flows are modestly positive at INR 256 crore over 3 months to 2026-08-31, so the stance is mildly constructive but confidence is capped due to proxy reliance.
PROS
- Latest quarter profit grew 108.9% YoY, showing strong momentum
- Stock looks reasonably valued - P/E of 7.6 is below its historical median
- Company converts assets efficiently - asset turnover of 1.6x
CONS
- Operating cash flow has been negative in recent years
- A large part of profit comes from other income (40.5% of PBT)
- Promoter holding has decreased over last 2 years: -7.8pp
- Company has a low return on equity of 7.2% over last 3 years
- Company has a low return on capital employed of 10.9%
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -0.35x)
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
| Name | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| PAGEIND | 35350.00 | 52.17 | 39428.94 | 1.56 | 192.81 | -3.98 | 1420.45 | 7.89 | 73.60 | 20.35 |
| KPRMILL | 1109.40 | 41.56 | 37920.85 | 0.45 | 258.54 | 21.55 | 1935.52 | 14.77 | 20.16 | 19.37 |
| WELSPUNLIV | 207.80 | 70.72 | 19631.96 | 0.05 | 162.61 | 82.09 | 2795.45 | 23.66 | 6.41 | 11.53 |
| VTL | 567.35 | 19.38 | 16429.14 | 0.88 | 314.56 | 51.46 | 2703.08 | 13.31 | 8.91 | 18.11 |
| ARVIND | 575.25 | 37.79 | 15649.14 | 0.78 | 57.77 | 5.61 | 2500.96 | 24.65 | 15.30 | 9.64 |
| MANYAVAR | 582.75 | 35.14 | 14159.56 | 1.33 | 66.90 | 37.31 | 267.95 | 22.74 | 29.45 | 45.53 |
| PGIL | 1190.75 | 35.45 | 11000.28 | 0.61 | 992.34 | 51.37 | 15282.61 | 24.46 | 22.42 | 10.72 |
| SWANCORP | 296.30 | 41.54 | 9287.73 | 0.05 | -35.99 | -233.33 | 1013.75 | -16.44 | 4.50 | -0.38 |
| ICIL | 443.05 | 58.16 | 8774.80 | 0.34 | 63.22 | 67.28 | 1206.96 | 25.89 | 8.73 | 11.88 |
| GARFIBRES | 797.15 | 37.06 | 7784.04 | 1.13 | 64.60 | 21.56 | 482.37 | 31.35 | 20.98 | 18.70 |
| KUSUMGAR | 567.35 | 60.66 | 5956.69 | 0.00 | 426.47 | — | 2472.47 | — | 26.15 | 30.50 |
| GLOBE | 1.81 | 7.64 | 81.53 | 0.00 | 2.91 | 108.89 | 184.52 | 24.44 | 10.14 | 5.03 |
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 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 136 | 111 | 104 | 108 | 124 | 148 | 152 | 130 | 148 | 157 | 159 | 178 | 185 | |
| 134 | 104 | 99 | 106 | 119 | 141 | 146 | 123 | 140 | 149 | 150 | 172 | 181 | |
| Operating Profit | 3 | 7 | 5 | 2 | 5 | 7 | 6 | 7 | 8 | 7 | 9 | 6 | 3 |
| OPM % | 2.12% | 6.29% | 4.50% | 1.87% | 4.36% | 4.78% | 3.88% | 5.21% | 5.31% | 4.75% | 5.72% | 3.18% | 1.83% |
| 5 | 0 | 3 | 8 | 3 | 2 | 3 | 1 | 0 | 2 | 1 | 2 | 0 | |
| Interest | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 5 | 4 | 4 | 5 | 5 | 5 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before Tax | 3 | 2 | 2 | 5 | 4 | 5 | 4 | 1 | 2 | 4 | 4 | 2 | 4 |
| Tax % | 22.49% | 22.54% | 18.80% | 40.59% | 24.09% | 15.52% | 22.19% | 94.62% | 43.32% | -7.45% | 53.99% | 26.16% | 21.17% |
| Net Profit | 0 | 0 | 0 | 0 | 3 | 4 | 3 | 0 | 1 | 4 | 2 | 1 | 3 |
| 0.17 | 0.06 | 0.06 | 0.09 | 0.09 | 0.13 | 0.10 | 0.00 | 0.03 | 0.10 | 0.04 | 0.03 | 0.06 |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|
| 459 | 554 | 642 | 679 | |
| 442 | 529 | 610 | 653 | |
| Operating Profit | 17 | 25 | 33 | 26 |
| OPM % | 3.61% | 4.54% | 5.10% | 3.77% |
| 16 | 9 | 3 | 5 | |
| Interest | 15 | 16 | 18 | 18 |
| Depreciation | 5 | 5 | 5 | 5 |
| Profit before Tax | 12 | 13 | 13 | 14 |
| Tax % | 28.80% | 27.58% | 28.18% | 23.58% |
| Net Profit | 9 | 9 | 9 | 11 |
| EPS | 0.30 | 0.21 | 0.20 | — |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | — |
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- -25%
- 3 Years:
- -11%
- 1 Year:
- -18%
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 7%
- Last Year:
- 6%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Equity Capital | 60 | 90 | 90 |
| 57 | 47 | 56 | |
| 102 | 138 | 163 | |
| Trade Payables | 64 | 79 | 81 |
| 31 | 22 | 22 | |
| Total Liabilities | 314 | 376 | 412 |
| 66 | 68 | 61 | |
| Capital Work in Progress | 3 | 0 | 0 |
| 104 | 124 | 143 | |
| 113 | 163 | 193 | |
| Cash & Bank | 1 | 1 | 1 |
| 27 | 20 | 13 | |
| Total Assets | 314 | 376 | 412 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| 12 | -18 | -4 | |
| Cash from Investing | -1 | -36 | 2 |
| Cash from Financing | -11 | 54 | 1 |
| 0 | 0 | -0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
Documents
Corporate disclosures, annual reports, credit ratings, and concall transcripts
2026-08-26 - GLOBE ENTERPRISES (INDIA) LIMITED has informed the Exchange about Copy of Newspaper Publication
2026-08-22 - GLOBE ENTERPRISES (INDIA) LIMITED has informed the Exchange about Copy of Newspaper Publication
2026-08-21 - GLOBE ENTERPRISES (INDIA) LIMITED has informed the Exchange that Record date for the purpose of Meeting is 11-Sep-2026.
2026-08-21 - GLOBE ENTERPRISES (INDIA) LIMITED has informed the Exchange regarding Notice of Annual General Meeting to be held on September 18, 2026
2026-08-21 - Outcome of Board Meeting
2026-08-13 - GLOBE ENTERPRISES (INDIA) LIMITED has informed the Exchange about Copy of Newspaper Publication
2026-08-12 - GLOBE ENTERPRISES (INDIA) LIMITED has informed the Exchange regarding Appointment of Mr Hemant JayantilalDave as Non- Executive Independent Director of the company w.e.f. August 12, 2026.
2026-08-12 - GLOBE ENTERPRISES (INDIA) LIMITED has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-08-11 - GLOBE ENTERPRISES (INDIA) LIMITED has informed the Exchange regarding ''Release of the pledge on shares ".
News
Recent coverage and analyst commentary for GLOBE
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