Globe Textiles (India) Ltd
GLOBEGlobe Textiles (India) Ltd
GLOBE
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
AvgCan be considered moderately valued vs the market
Growth
HighStrong financials and growth story over the years
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 12.11 | 1.19 | — |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 38.08 | 6.63 | 0.74% |
Forecast & Ratings
Detailed Forecast Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Globe Textiles Limited is engaged in manufacturing of garments, cotton printed fabrics, home textiles and fancy fabrics. The Company is also engaged in trading of yarns, denims and non-denims fabrics, shirting fabrics and jeans
Peers
Compare with peersVedant Fashions Ltd
KPR Mill Ltd
Aditya Birla Real Estate Ltd
Swan Energy Ltd
Trident Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
Hmm, looks like data is unavailable here. Please come back after some timeRevenue Forecast
Hmm, looks like data is unavailable here. Please come back after some timeEarnings Per Share Forecast
Hmm, looks like data is unavailable here. Please come back after some timeIncome
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 183.15 | 191.93 | 245.58 | 258.14 | 267.05 | 263.59 | 385.56 | 401.83 | 431.00 | 500.03 | ||||||||||
Raw Materials | 164.33 | 173.43 | 220.28 | 232.41 | 219.86 | 241.84 | 335.01 | 273.62 | 372.33 | 464.79 | ||||||||||
| Power & Fuel Cost | 0.00 | 0.15 | 0.22 | 0.22 | 0.24 | 0.19 | 0.27 | 2.08 | 2.28 | |||||||||||
| Employee Cost | 3.66 | 4.97 | 8.40 | 8.57 | 8.63 | 6.15 | 9.13 | 20.85 | 19.45 | |||||||||||
| Selling & Administrative Expenses | 0.24 | 10.96 | 10.04 | 8.17 | 6.15 | 4.20 | 9.17 | 9.11 | 10.29 | |||||||||||
| Operating & Other expenses | 7.84 | -7.93 | -5.15 | -3.73 | 20.23 | 2.37 | 15.09 | 76.08 | 3.80 | |||||||||||
EBITDA | 7.08 | 10.35 | 11.79 | 12.50 | 11.94 | 8.84 | 16.89 | 20.09 | 22.85 | 35.24 | ||||||||||
| Depreciation/Amortization | 0.42 | 0.81 | 1.05 | 1.15 | 1.26 | 1.24 | 1.23 | 2.88 | 2.79 | 5.01 | ||||||||||
| PBIT | 6.66 | 9.54 | 10.74 | 11.35 | 10.68 | 7.60 | 15.66 | 17.21 | 20.06 | 30.23 | ||||||||||
| Interest & Other Items | 4.35 | 4.59 | 5.68 | 5.73 | 6.69 | 6.26 | 9.13 | 11.56 | 11.84 | 15.04 | ||||||||||
| PBT | 2.31 | 4.95 | 5.06 | 5.62 | 3.99 | 1.34 | 6.53 | 5.65 | 8.22 | 15.19 | ||||||||||
| Taxes & Other Items | 0.74 | 1.57 | 1.77 | 1.87 | 0.89 | 1.11 | 1.39 | 1.16 | 2.48 | 4.95 | ||||||||||
| Net Income | 1.57 | 3.38 | 3.29 | 3.75 | 3.10 | 0.23 | 5.14 | 4.49 | 5.74 | 10.24 | ||||||||||
| EPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.28 | 0.24 | 0.24 | 0.34 | ||||||||||
| DPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||
| Payout ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Company Updates
Peers & Comparison
Consumer DiscretionaryTextiles
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Globe Textiles (India) Ltd | 21.61 | 1.19 | — |
| Vedant Fashions Ltd | 81.44 | 21.06 | 0.61% |
| KPR Mill Ltd | 39.12 | 7.23 | 0.54% |
| Aditya Birla Real Estate Ltd | 558.77 | 6.90 | 0.20% |
Price Comparison
Compare GLOBE with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Decreased Total Retail Holding
In last 3 months, retail holding in the company has decreased by 2.56%
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividends
GLOBE has not given any dividends in last 5 years
Dividends
Corp. Actions
Announcements
Legal Orders
Dividends
Hmm, looks like data is unavailable here. Please come back after some timeNet profit of Globe Textiles (India) rose 119.26% to Rs 2.96 crore in the quarter ended September 2024 as against Rs 1.35 crore during the previous quarter ended September 2023. Sales rose 31.74% to Rs 139.58 crore in the quarter ended September 2024 as against Rs 105.95 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales139.58105.95 32 OPM %4.784.81 - PBDT4.002.39 67 PBT3.281.72 91 NP2.961.35 119 Powered by Capital Market - Live
Globe Textiles (India) will hold a meeting of the Board of Directors of the Company on 30 October 2024Powered by Capital Market - Live
Globe Textiles (India) will hold a meeting of the Board of Directors of the Company on 23 October 2024.Powered by Capital Market - Live
Globe Textiles (India) announced that the 29th Annual General Meeting (AGM) of the company will be held on 30 September 2024.Powered by Capital Market - Live
Globe Textiles (India) will hold a meeting of the Board of Directors of the Company on 5 September 2024.Powered by Capital Market - Live
Net profit of Globe Textiles (India) rose 35.62% to Rs 1.98 crore in the quarter ended June 2024 as against Rs 1.46 crore during the previous quarter ended June 2023. Sales declined 10.94% to Rs 114.74 crore in the quarter ended June 2024 as against Rs 128.84 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales114.74128.84 -11 OPM %4.533.88 - PBDT2.172.52 -14 PBT1.471.83 -20 NP1.981.46 36 Powered by Capital Market - Live
Globe Textiles (India) will hold a meeting of the Board of Directors of the Company on 14 August 2024.Powered by Capital Market - Live
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Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 10.8%, vs industry avg of 2.95%
Increasing Market Share
Over the last 5 years, market share increased from 0.18% to 0.25%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 8.89%, vs industry avg of -9.64%