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Globe Enterprises (India) Ltd

GLOBE
NSE
2.48
1.59%
Last Updated:
30 Apr '26, 4:00 PM
Company Overview
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Globe Enterprises (India) Ltd

GLOBE
NSE
2.48
1.59%
30 Apr '26, 4:00 PM
Company Overview
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6M
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Quick Ratios

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Mkt Cap
Market Capitalization
112Cr
Close
Close Price
2.48
Industry
Industry
Textiles - Others
PE
Price To Earnings
13.78
PS
Price To Sales
0.19
Revenue
Revenue
594Cr
Rev Gr TTM
Revenue Growth TTM
11.73%
PAT Gr TTM
PAT Growth TTM
-35.29%
Peer Comparison
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GLOBE
VS

Quarterly Results

Consolidated
Standalone
Numbers
Percentage
QuarterJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Revenue
RevenueCr
136111104108124148152130148157159
Growth YoY
Revenue Growth YoY%
-8.833.446.220.519.25.85.2
Expenses
ExpensesCr
13410499106119141146123140149150
Operating Profit
Operating ProfitCr
37525767879
OPM
OPM%
2.16.34.51.94.44.83.95.25.34.85.7
Other Income
Other IncomeCr
50383231021
Interest Expense
Interest ExpenseCr
34444445445
Depreciation
DepreciationCr
11111111111
PBT
PBTCr
32254541244
Tax
TaxCr
11021111102
PAT
PATCr
22233430142
Growth YoY
PAT Growth YoY%
20.4102.753.2-97.9-48.317.1-30.6
NPM
NPM%
1.61.71.82.62.22.61.90.10.92.91.3
EPS
EPS
0.10.00.00.10.10.10.10.00.00.10.0

Profit & Loss

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2024Mar 2025TTM
Revenue
RevenueCr
459554594
Growth
Revenue Growth%
20.77.3
Expenses
ExpensesCr
442529563
Operating Profit
Operating ProfitCr
172531
OPM
OPM%
3.64.55.3
Other Income
Other IncomeCr
1694
Interest Expense
Interest ExpenseCr
151618
Depreciation
DepreciationCr
555
PBT
PBTCr
121312
Tax
TaxCr
444
PAT
PATCr
9108
Growth
PAT Growth%
7.2-16.4
NPM
NPM%
1.91.71.3
EPS
EPS
0.50.30.2

Balance Sheet

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2024Mar 2025Sep 2025
Equity Capital
Equity CapitalCr
609090
Reserves
ReservesCr
565562
Current Liabilities
Current LiabilitiesCr
174228267
Non Current Liabilities
Non Current LiabilitiesCr
231210
Total Liabilities
Total LiabilitiesCr
314385429
Current Assets
Current AssetsCr
232304350
Non Current Assets
Non Current AssetsCr
828178
Total Assets
Total AssetsCr
314385429

Cash Flow

Consolidated
Standalone
Financial YearMar 2024Mar 2025
Operating Cash Flow
Operating Cash FlowCr
12-18
Investing Cash Flow
Investing Cash FlowCr
-1-36
Financing Cash Flow
Financing Cash FlowCr
-1154
Net Cash Flow
Net Cash FlowCr
00
Free Cash Flow
Free Cash FlowCr
10-21
CFO To PAT
CFO To PAT%
134.3-184.2
CFO To EBITDA
CFO To EBITDA%
71.9-69.5

Ratios

Consolidated
Standalone
Financial YearMar 2024Mar 2025
Valuation Ratios
Valuation Ratios
Market Cap
Market CapitalizationCr
111109
Price To Earnings
Price To Earnings
12.311.6
Price To Sales
Price To Sales
0.20.2
Price To Book
Price To Book
1.00.8
EV To EBITDA
EV To EBITDA
14.010.2
Profitability Ratios
Profitability Ratios
GPM
GPM%
13.612.3
OPM
OPM%
3.64.5
NPM
NPM%
1.91.7
ROCE
ROCE%
11.59.9
ROE
ROE%
7.66.5
ROA
ROA%
2.82.5
Operational Ratios
Operational Ratios
Solvency Ratios
Solvency Ratios
Liquidity Ratios
Liquidity Ratios
### **Core Business Segments & Product Offerings** #### **1. Yarns, Fabrics & Shirting Division** Globe is a **leading supplier of shirting fabrics** in India, offering a wide range of products including: - Dyed and printed shirting fabrics - Linens and suiting prints - 100% quality linen fabrics made from premium yarns The division leverages an **in-house design studio** that tracks global fashion trends to deliver seasonally refreshed collections. Its high-performance fabrics are soft, breathable, and visually distinctive, catering to both classic and contemporary preferences. These are supplied to global shirting manufacturers and fashion brands. #### **2. Denim & Apparel** Globe manufactures a wide range of **denim and non-denim woven fabrics**, with advanced capabilities in: - Multiple finishes, washes, and weights - Fashion-forward and utility-focused applications The company markets denim products under strong in-house brands: - **AFFORD** - **INDIGIRL** - **INDIGEN** - **INDIGEN X** - **ORIJEAN** (launched under a licensing agreement) These brands emphasize **comfort, durability, fashion-forward design, and sustainability**, and are distributed widely across India via leading e-commerce platforms such as **Flipkart, Myntra, Snapdeal, and Voonik**. #### **3. Home Textiles** Globe is a **major manufacturer of premium home textiles**, offering: - Bedding sets - Table linen - Towels - Curtains - Pillow covers The business combines **quality craftsmanship, design versatility, and sustainable practices**, positioning itself as a reliable supplier in both retail and export markets. #### **4. Children’s Wear** The **Children’s Top Division** specializes in creative, colorful, and safe apparel for kids, including: - Tees, palazzo-tees - Joggers, sweatshirts - Dresses and tops Supported by **in-house laundry and finishing facilities**, Globe excels in producing high-quality **Indigo knits and tie-dye garments**, prioritizing safety and compliance with global regulatory standards. #### **5. Fashion Attire & Premium Outerwear** In early 2024, Globe launched a **new Fashion Attire Division** to expand into value-added apparel, including: - Premium denim jackets (winter collection) - Printed tops - Shirts and dresses Launched initially in March 2024 and reiterated in August 2025, the **denim jacket line** targets winter demand with a focus on **durability, warmth, comfort, and stylish designs** across diverse body types. Positioned as **affordable yet high-value**, the product line reinforces Globe’s entry into seasonal fashion wear. --- ### **Flagship Product: Globe Chadri Voile** A standout product in the portfolio, **Globe Chadri Voile**, remains a **bestseller** in both apparel and home décor. Available in **44” and 58” widths**, it features: - Intricate floral and botanical patterns - Voile and lacquer prints - Vibrant colors and smooth finishes Used in fashion garments, drapes, and crafting, it exemplifies the company’s fusion of tradition and modernity. --- ### **Sustainability & Innovation** Globe has made significant strides in **eco-friendly manufacturing**, including: - Use of **natural dyes and chemicals** - **Zero Liquid Discharge (ZLD)** systems - Energy-minimizing production techniques - Water recycling and reduced energy consumption These efforts support its appeal to environmentally conscious markets in the **UK, US, and Europe**. --- ### **Strategic Expansion & Acquisitions** #### **Acquisition of Globe Denwash (Dec 2024 / Feb 2024)** - Globe acquired a **70% stake** in **Globe Denwash**, a specialist in sustainable denim washing and R&D. - This acquisition enabled **vertical integration**, enhancing creative flexibility, cost efficiency, and control over finishing processes. - The **Rs 50 crore** investment planned over 12–18 months aims to fully integrate operations, boosting margins and production synergy. #### **Growing Nevo Division Expansion (Feb 2025)** - Capacities are being expanded to meet rising demand for **fashion-based tops**. - Supported by **technology transfer and strategic collaborations**, this move aligns with shifting consumer trends and supports volume-driven profitability. --- ### **Manufacturing & Operational Strength** - **Manufacturing Facility**: Spread across **3.5 lakh square feet** in Ahmedabad Apparel Park (GIDC, Khokhra, Ahmedabad). - **Production Capacity**: - 36 million meters of fabric annually - 2 million bed sets - 2.5 million bottoms - **Workforce**: Over **1,200 workers** and **100+ staff members** - **Units**: Operates from four facilities in Ahmedabad – Matia Estate and Shri Shakti Estate. - **Compliance**: Adheres to national and international manufacturing standards with state-of-the-art machinery. --- ### **Market Presence & Key Clients** Globe serves as a **STAR Exporter** of fabrics and garments, capitalizing on increased international demand — notably due to **geopolitical disruptions** in a neighboring Asian country in late 2024. This boosted its **export footprint** significantly. **Domestic Retail Partnerships**: - Max - Lifestyle - Yousta - Zivame.com - FirstCry.com **E-commerce Distribution**: - Flipkart - Myntra - Snapdeal - Voonik --- ### **Corporate Authorization & Diversification (Oct 2024)** Beyond textiles, the company holds legal authorization to manufacture and trade: - Enzyme products (from animal, plant, microbial sources) - Vegetable & herb extracts - Agricultural products (e.g., cattle feed) - Organic, inorganic, and biological chemicals - Consumer goods: pharmaceuticals, cosmetics, germicides, detergents, acids This broad mandate indicates potential for **future diversification** into allied industries. ---