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Globe Textiles (I) share price

Globe Textiles (India) Ltd.

NSE: GLOBE SECTOR: Textile  42k   65   7

4.94
+0.23 (4.88%)
NSE: 01 Nov 06:59 PM

Price Summary

Today's High

₹ 4.94

Today's Low

₹ 4.7

52 Week High

₹ 6.24

52 Week Low

₹ 2.7

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationFair
The stock’s market price justifies its intrinsic value.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

148.34 Cr.

Enterprise Value

253.54 Cr.

No. of Shares

30.03 Cr.

P/E

18.82

P/B

1.36

Face Value

₹ 2

Div. Yield

0 %

Book Value (TTM)

₹  3.62

CASH

0.13 Cr.

DEBT

105.34 Cr.

Promoter Holding

42.11 %

EPS (TTM)

₹  0.26

Sales Growth

4.17%

ROE

8.65 %

ROCE

11.47%

Profit Growth

-12.27 %

* 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 Year4.17%
3 Year14.63%
5 Year10.47%

Profit Growth

1 Year-12.27%
3 Year13.31%
5 Year6.4%

ROE%

1 Year8.65%
3 Year6.78%
5 Year7.63%

ROCE %

1 Year11.47%
3 Year10.21%
5 Year10.73%

Debt/Equity

1.936

Price to Cash Flow

-201

Interest Cover Ratio

1.48933741503658

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 a strong degree of Operating leverage, Average Operating leverage stands at 5.71257206732498.

 Limitations

  • The company has shown a poor revenue growth of 14.6311308179383% for the Past 3 years.
  • Company has a poor ROE of 6.78229506981776% over the past 3 years.
  • Company has negative cash flow from operations of -0.738.
  • The company has a low EBITDA margin of 3.65888574777946% 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 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 257.38 265.17 259.09 383.42 399.42
Total Expenditure 245.64 255.11 254.74 368.67 381.73
Operating Profit 11.74 10.06 4.35 14.75 17.69
Other Income 0.76 1.88 4.5 2.14 2.41
Interest 5.73 6.69 6.26 9.13 11.56
Depreciation 1.15 1.26 1.24 1.23 2.88
Exceptional Items 0 0 0 0 0
Profit Before Tax 5.62 3.99 1.35 6.53 5.66
Tax 1.88 0.89 1.1 1.4 1.15
Net Profit 3.74 3.1 0.25 5.14 4.51
Adjusted EPS (Rs.) 0.25 0.2 0.02 0.34 0.3

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 10.08 10.08 10.08 30.23 30.23
Total Reserves 28.56 32.19 32.68 19.51 24.18
Borrowings 5.15 2.59 8.85 18.3 23.53
Other N/C liabilities 1.28 1.16 1.87 2.04 1.92
Current liabilities 93.79 139.49 160.47 188.69 159.29
Total Liabilities 138.86 185.5 213.96 258.77 239.16
Assets
Net Block 19.72 18.73 17.65 28.83 30.84
Capital WIP 0 0 0 2.47 0.06
Intangible WIP 0 0 0 0 0.05
Investments 0 0 0 0 0
Loans & Advances 1.21 1.38 1.83 2.27 1.94
Other N/C Assets 0 1.01 0.04 0.06 0
Current Assets 117.92 164.38 194.44 225.14 206.26
Total Assets 138.86 185.5 213.96 258.77 239.16
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 5.62 3.99 1.35 6.53 5.66
Adjustment 7.23 7.74 4.48 9.97 13.02
Changes in Assets & Liabilities -1.77 -7.78 -11.05 -24.38 -17.84
Tax Paid -0.89 -1.96 -2.04 -0.84 -1.58
Operating Cash Flow 10.18 1.98 -7.26 -8.72 -0.74
Investing Cash Flow -0.39 -1.13 -0.89 -0.34 -2.54
Financing Cash Flow -12.06 -0.94 8.06 9.14 3.25
Net Cash Flow -2.26 -0.09 -0.09 0.08 -0.02

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 - - -

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Ratings & Research Reports

Company Presentations

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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 4.94. 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 18.8190476190476 which is high and comparatively overvalued .

  • Share Price: - The current share price of Globe Textiles (I) is Rs 4.94. 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 1.8096390502538 % 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 1.29488874491813 .

  • 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 8.65161009088867 % .(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 1.936 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Globe Textiles (I) has reported revenue growth of 4.17252508655594 % 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 4.4286615948239 %.

  • 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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