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Globe Textiles (I) share price

Globe Textiles (India) Ltd.

NSE: GLOBE SECTOR: Textile  44k   65   7

4.72
-0.19 (-3.87%)
NSE: 20 Dec 04:02 PM

Price Summary

Today's High

₹ 4.99

Today's Low

₹ 4.65

52 Week High

₹ 6.24

52 Week Low

₹ 2.7

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

141.73 Cr.

Enterprise Value

205.16 Cr.

No. of Shares

30.03 Cr.

P/E

17.98

P/B

1.3

Face Value

₹ 2

Div. Yield

0 %

Book Value (TTM)

₹  3.62

CASH

0.16 Cr.

DEBT

63.6 Cr.

Promoter Holding

42.11 %

EPS (TTM)

₹  0.26

Sales Growth

7.21%

ROE

7.27 %

ROCE

12.27%

Profit Growth

27.65 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year7.21%
3 Year18.23%
5 Year10.72%

Profit Growth

1 Year27.65%
3 Year183.95%
5 Year8.99%

ROE%

1 Year7.27%
3 Year9.01%
5 Year7.05%

ROCE %

1 Year12.27%
3 Year11.97%
5 Year10.77%

Debt/Equity

0.6124

Price to Cash Flow

16.47

Interest Cover Ratio

1.696

CFO/PAT (5 Yr. Avg.)

0

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 42.11 0.00
Jun 2024 42.11 0.00
Mar 2024 42.11 0.00
Dec 2023 40.91 0.00
Sep 2023 40.91 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 183.951234640264% for the Past 3 years.
  • The company has shown a good revenue growth of 18.2327594500553% for the Past 3 years.
  • The company has significantly decreased its debt by 41.7406 Cr.

 Limitations

  • The company has a low EBITDA margin of 3.68294881802206% over the past 5 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Net Sales 105.95 92.83 100.61 114.74 139.58
Total Expenditure 100.86 86.88 96.58 109.53 132.9
Operating Profit 5.09 5.95 4.03 5.21 6.68
Other Income 0.17 0.14 2.33 0.09 0.27
Interest 2.87 3.38 2.96 3.12 2.94
Depreciation 0.68 0.73 0.69 0.7 0.72
Exceptional Items 0 0 0 1.1 0
Profit Before Tax 1.71 1.99 2.71 2.57 3.28
Tax 0.37 0.35 1.4 0.6 0.32
Profit After Tax 1.35 1.64 1.3 1.98 2.96
Adjusted EPS (Rs) 0.09 0.11 0.04 0.07 0.1

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 265.17 259.09 383.42 399.42 428.22
Total Expenditure 255.11 254.74 368.67 381.73 408.14
Operating Profit 10.06 4.35 14.75 17.69 20.08
Other Income 1.88 4.5 2.14 2.41 2.78
Interest 6.69 6.26 9.13 11.56 11.84
Depreciation 1.26 1.24 1.23 2.88 2.79
Exceptional Items 0 0 0 0 0
Profit Before Tax 3.99 1.35 6.53 5.66 8.24
Tax 0.89 1.1 1.4 1.15 2.49
Net Profit 3.1 0.25 5.14 4.51 5.75
Adjusted EPS (Rs.) 0.2 0.02 0.34 0.3 0.19

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 10.08 10.08 30.23 30.23 60.06
Total Reserves 32.19 32.68 19.51 24.18 43.79
Borrowings 2.59 8.85 18.3 23.53 13.87
Other N/C liabilities 1.16 1.87 2.04 1.92 2.27
Current liabilities 139.49 160.47 188.69 159.29 127.26
Total Liabilities 185.5 213.96 258.77 239.16 247.25
Assets
Net Block 18.73 17.65 28.83 30.84 28.48
Capital WIP 0 0 2.47 0.06 0
Intangible WIP 0 0 0 0.05 0
Investments 0 0 0 0 0
Loans & Advances 1.38 1.83 2.27 1.94 1.96
Other N/C Assets 1.01 0.04 0.06 0 0
Current Assets 164.38 194.44 225.14 206.26 216.81
Total Assets 185.5 213.96 258.77 239.16 247.25
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 3.99 1.35 6.53 5.66 8.24
Adjustment 7.74 4.48 9.97 13.02 12.47
Changes in Assets & Liabilities -7.78 -11.05 -24.38 -17.84 -9.6
Tax Paid -1.96 -2.04 -0.84 -1.58 -2.5
Operating Cash Flow 1.98 -7.26 -8.72 -0.74 8.61
Investing Cash Flow -1.13 -0.89 -0.34 -2.54 0.4
Financing Cash Flow -0.94 8.06 9.14 3.25 -8.97
Net Cash Flow -0.09 -0.09 0.08 -0.02 0.03

Corporate Actions

Investors Details

PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
promoters 40.91 40.91 42.11 42.11 42.11
bhavik suryakant parikh 2.11 2.11 7.07 7.07 7.07
bhavin suryakant parikh 17.28 17.28 17.40 17.40 17.40
jagdishkumar manilal vora... 0.36 0.36 0.18 0.18 0.18
nilaybhai jagdishbhai vor... 7.19 7.19 3.82 3.82 3.82
purvi bhavin parikh 8.64 8.64 8.70 8.70 8.70
shardaben suryakant parik... 1.41 1.41 0.71 0.71 0.71
shraddha bhavik parikh 3.91 3.91 4.22 4.22 4.22
PARTICULARS Jun 2023% Sep 2023% Mar 2024% Jun 2024% Sep 2024%
investors 59.09 59.09 57.89 57.89 57.89
jaideep sampat - - - 1.47 1.47
santosh sitaram goenka - - - 1.15 1.15
sharad kanayalal shah - - - 1.10 1.10
sunita santosh goenka - - - 1.83 1.83
any other (specify) - - 1.51 - -
avance ventures private l... - - 5.32 - -
comfort securities limite... - - 1.47 - -
empower india limited . - - 1.67 - -
empower tradex private li... - - 4.80 - -
kamal asnani - - 1.12 - -
mr santosh sitaram goenka... - - 1.11 - -
mrs sunita santosh goenka... - - 2.22 - -
pratik shantilal jiyani 2.93 2.93 - - -

Ratings & Research Reports

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Globe Textiles (I) Stock Price Analysis and Quick Research Report. Is Globe Textiles (I) an attractive stock to invest in?

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Globe Textiles (I) stock price today is Rs 4.72. Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Globe Textiles (I) . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Globe Textiles (I) has a PE ratio of 17.9809523809524 which is high and comparatively overvalued .

  • Share Price: - The current share price of Globe Textiles (I) is Rs 4.72. One can use valuation calculators of ticker to know if Globe Textiles (I) share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Globe Textiles (I) has ROA of 2.3647 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Globe Textiles (I) has a Current ratio of 1.7036 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Globe Textiles (I) has a ROE of 7.268 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Globe Textiles (I) has a Debt to Equity ratio of 0.6124 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Globe Textiles (I) has reported revenue growth of 7.2112 % which is poor in relation to its growth and performance. 

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Globe Textiles (I) for the current financial year is 4.69016215812286 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Globe Textiles (I) is Rs 0 and the yield is 0 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Globe Textiles (I) is Rs 0.2625 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Globe Textiles (I) in Ticker for free. Also, one can get the intrinsic value of Globe Textiles (I) by using Valuation Calculators, which are available with a Finology ONE subscription. 

Last Updated on:
Brief about Globe Textiles (I)
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