Quick Ratios
Quarterly Results
Profit & Loss
Balance Sheet
Cash Flow
Ratios
Mkt Cap
Market Capitalization
₹112Cr
Rev Gr TTM
Revenue Growth TTM
11.73%
Peer Comparison
Compare up to 10 companies side by side across valuation, profitability, and growth.

GLOBE
VS
| Quarter | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|
|
Growth YoY Revenue Growth YoY% | | | | | -8.8 | 33.4 | 46.2 | 20.5 | 19.2 | 5.8 | 5.2 |
| 134 | 104 | 99 | 106 | 119 | 141 | 146 | 123 | 140 | 149 | 150 |
Operating Profit Operating ProfitCr |
| 2.1 | 6.3 | 4.5 | 1.9 | 4.4 | 4.8 | 3.9 | 5.2 | 5.3 | 4.8 | 5.7 |
Other Income Other IncomeCr | 5 | 0 | 3 | 8 | 3 | 2 | 3 | 1 | 0 | 2 | 1 |
Interest Expense Interest ExpenseCr | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 5 | 4 | 4 | 5 |
Depreciation DepreciationCr | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| 3 | 2 | 2 | 5 | 4 | 5 | 4 | 1 | 2 | 4 | 4 |
| 1 | 1 | 0 | 2 | 1 | 1 | 1 | 1 | 1 | 0 | 2 |
|
Growth YoY PAT Growth YoY% | | | | | 20.4 | 102.7 | 53.2 | -97.9 | -48.3 | 17.1 | -30.6 |
| 1.6 | 1.7 | 1.8 | 2.6 | 2.2 | 2.6 | 1.9 | 0.1 | 0.9 | 2.9 | 1.3 |
| 0.1 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.1 | 0.0 |
| Financial Year | Mar 2024 | Mar 2025 | TTM |
|---|
|
| | 20.7 | 7.3 |
| 442 | 529 | 563 |
Operating Profit Operating ProfitCr |
| 3.6 | 4.5 | 5.3 |
Other Income Other IncomeCr | 16 | 9 | 4 |
Interest Expense Interest ExpenseCr | 15 | 16 | 18 |
Depreciation DepreciationCr | 5 | 5 | 5 |
| 12 | 13 | 12 |
| 4 | 4 | 4 |
|
| | 7.2 | -16.4 |
| 1.9 | 1.7 | 1.3 |
| 0.5 | 0.3 | 0.2 |
| Financial Year | Mar 2024 | Mar 2025 | Sep 2025 |
|---|
Equity Capital Equity CapitalCr | 60 | 90 | 90 |
| 56 | 55 | 62 |
Current Liabilities Current LiabilitiesCr | 174 | 228 | 267 |
Non Current Liabilities Non Current LiabilitiesCr | 23 | 12 | 10 |
Total Liabilities Total LiabilitiesCr |
Current Assets Current AssetsCr | 232 | 304 | 350 |
Non Current Assets Non Current AssetsCr | 82 | 81 | 78 |
Total Assets Total AssetsCr |
| Financial Year | Mar 2024 | Mar 2025 |
|---|
Operating Cash Flow Operating Cash FlowCr | 12 | -18 |
Investing Cash Flow Investing Cash FlowCr | -1 | -36 |
Financing Cash Flow Financing Cash FlowCr | -11 | 54 |
|
Free Cash Flow Free Cash FlowCr | 10 | -21 |
| 134.3 | -184.2 |
CFO To EBITDA CFO To EBITDA% | 71.9 | -69.5 |
| Financial Year | Mar 2024 | Mar 2025 |
|---|
Valuation Ratios Valuation Ratios |
Market Cap Market CapitalizationCr | 111 | 109 |
Price To Earnings Price To Earnings | 12.3 | 11.6 |
Price To Sales Price To Sales | 0.2 | 0.2 |
Price To Book Price To Book | 1.0 | 0.8 |
| 14.0 | 10.2 |
Profitability Ratios Profitability Ratios |
| 13.6 | 12.3 |
| 3.6 | 4.5 |
| 1.9 | 1.7 |
| 11.5 | 9.9 |
| 7.6 | 6.5 |
| 2.8 | 2.5 |
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.
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### **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.
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### **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
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### **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.
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