Globe Textiles (India) Ltd - Stock Valuation and Financial Performance

BSE: 0 | NSE: GLOBE | Textile | Small Cap

BSE Share Price
Not Listed

DeciZen - make an informed investing decision on Globe Textiles (I)

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Undervalued

3. Price Trend

Semi Strong

Globe Textiles (India) stock performance -

mw4me loader
P/E Ratio (SA):
21.46
Market Cap:
111.8 Cr.
52-wk low:
0
52-wk high:
0

Is Globe Textiles (India) Ltd an attractive stock to invest in?

1. Is Globe Textiles (India) Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Globe Textiles (India) Ltd is a below average quality company.

2. Is Globe Textiles (India) Ltd undervalued or overvalued?

The key valuation ratios of Globe Textiles (India) Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Globe Textiles (India) Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Globe Textiles (India) Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Globe Textiles (I):

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Globe Textiles (India) Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 6.1%4.1%7.8%8.9%6.5%9.4%8%3%8.3%8.1%-
Value Creation
Index
-0.6-0.7-0.4-0.4-0.5-0.3-0.4-0.8-0.4-0.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 0171183190243257265259383399438
Sales YoY Gr.-NA7%4.3%27.5%6%3%-2.3%48%4.2%-
Adj EPS 0.2-00.10.20.10.30.2-0.10.30.30.2
YoY Gr.--118.2%NA130%-52.2%190.9%-37.5%-140%NA-3.6%-
BVPS (₹) 1.41.51.71.92.32.62.82.83.33.63.5
Adj Net
Profit
2.2-0.61.331.74.83.1-1.24.34.15
Cash Flow from Ops. 09-7.2-1.6-4.910.22-7.3-8.7-0.7-
Debt/CF from Ops. 03.4-5.6-33.8-12.35.429.7-10.2-10.4-142.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NA10.5%14.6%4.2%
Adj EPS 2.3%19.7%10.5%-3.6%
BVPS11.4%9.3%8.7%9.4%
Share Price - -36.1% -57.3% 60.9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
19.3-3.36.412.95.513.17.6-2.79.37.84.8
Op. Profit
Mgn %
01.53.54.63.75.34.41.73.94.54.3
Net Profit
Mgn %
0-0.30.71.60.71.91.2-0.51.111.2
Debt to
Equity
2.51.51.92.11.71.41.41.71.81.9-
Working Cap
Days
0124123148148161196255201199101
Cash Conv.
Cycle
0807897909911212810310320

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 4.80%

Sales growth is growing at healthy rate in last 3 years 14.63%

Net Profit is growing at healthy rate in last 3 years 10.52%

Debt to equity has declined versus last 3 years average to 1.94

Sales growth is not so good in last 4 quarters at 7.64%

Latest Financials - Globe Textiles (India) Ltd.

Standalone Consolidated
TTM EPS (₹) 0.2 -
TTM Sales (₹ Cr.) 438 -
BVPS (₹.) 3.5 -
Reserves (₹ Cr.) 44 -
P/BV 1.07 -
PE 21.46 -
From the Market
52 Week Low / High (₹) 0.00 / 0.00
All Time Low / High (₹) - / -
Market Cap (₹ Cr.) 112
Equity (₹ Cr.) 60.5
Face Value (₹) 2
Industry PE 27.9

Management X-Ray of Globe Textiles (I):

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.001.500.610.460.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Globe Textiles (I)

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales0171183190243257265259383399
Operating Expenses 0168176182234246255255369382
Manufacturing Costs0111231125
Material Costs0156161165214225238244349347
Employee Cost 01458996921
Other Costs 0101011997499
Operating Profit 03699121041518
Operating Profit Margin (%) -1.5%3.5%4.6%3.7%4.6%3.8%1.7%3.8%4.4%
Other Income 2412312522
Interest 04456676912
Depreciation 0001111113
Exceptional Items 0000000000
Profit Before Tax 2325564176
Tax 0112221111
Profit After Tax 2223343055
PAT Margin (%) -1.4%0.9%1.8%1.4%1.5%1.2%0.1%1.3%1.1%
Adjusted EPS (₹)0.20.20.10.30.20.30.20.00.30.3
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 14202225353942435054
Share Capital 2339101010103030
Reserves 11171916252932332024
Minority Interest0000000000
Debt332939525751567188101
Long Term Debt454855391824
Short Term Debt29243544534654627077
Trade Payables16151424263168847870
Others Liabilities 810810131819164314
Total Liabilities 707483111132139186214259239

Fixed Assets

Gross Block111518232323243641
Accumulated Depreciation00113456710
Net Fixed Assets111417212019182931
CWIP 71305000020
Investments 0000000000
Inventories28232638434859648584
Trade Receivables29263244466197112124109
Cash Equivalents 3321300000
Others Assets278619911211815
Total Assets 707483111132139186214259239

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 09-7-2-5102-7-9-1
PBT 0325564176
Adjustment 034457841013
Changes in Working Capital 05-13-10-13-2-8-11-24-18
Tax Paid 0-2-1-1-1-1-2-2-1-2
Cash Flow From Investing Activity 0-61-8-10-1-10-3
Capex 00-1-8-10000-3
Net Investments 001000-1-100
Others 0-610000000
Cash Flow From Financing Activity 0-2697-12-1893
Net Proceeds from Shares 0400000000
Net Proceeds from Borrowing 01-1341-37116
Interest Paid 0-3-4-4-6-6-7-6-9-12
Dividend Paid 0000000000
Others 0-411109-78879
Net Cash Flow 000-11-20000
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)19.3414.018.0114.511.0210.177.660.5911.18.65
ROCE (%)6.0814.1712.0113.6112.4312.0610.976.9812.1711.47
Asset Turnover Ratio02.372.331.9621.91.641.31.621.61
PAT to CFO Conversion(x)04.5-3.5-0.67-1.672.50.67-INF-1.8-0.2
Working Capital Days
Receivable Days05958726776109147112106
Inventory Days0554962616574867177
Payable Days03633434347761148578

Globe Textiles (India) Ltd Stock News

Globe Textiles (India) Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Globe Textiles (I) on 01-Jan-1970 05:30 is ₹0.00.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 01-Jan-1970 05:30 the market cap of Globe Textiles (I) stood at ₹111.8.
The latest P/E ratio of Globe Textiles (I) as of 01-Jan-1970 05:30 is 21.46.
The latest P/B ratio of Globe Textiles (I) as of 01-Jan-1970 05:30 is 1.07.
The 52-week high of Globe Textiles (I) is ₹0.00 and the 52-week low is ₹0.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Globe Textiles (I) is ₹437.7 ( Cr.) .

About Globe Textiles (India) Ltd

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