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Globe Textiles (India) Limited
(GLOBE)
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Rating:48Neutral
Price Target:―
Action:Reiterated
Date:05/26/26
The score is held back primarily by weak cash conversion (negative operating cash flow in most years) and rising leverage (debt-to-equity above 1x), which elevate liquidity and balance-sheet risk despite solid revenue growth. Valuation is moderate (P/E ~16), but limited technical and dividend data restrict confidence in momentum and income support.
Positive Factors
Revenue Growth
Consistent top-line expansion (fundamentals show ~16% recent revenue growth) signals sustained demand and market traction. Over a 2–6 month horizon this supports operational scale, improves fixed-cost absorption and provides room to reinvest in capacity or product improvements.
Negative Factors
Weak Cash Conversion
Persistent negative operating cash flow shows earnings are not translating into cash. This structurally limits self-funding, forces reliance on external financing for working capital and capex, and raises liquidity and refinancing risk over the next several months.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Consistent top-line expansion (fundamentals show ~16% recent revenue growth) signals sustained demand and market traction. Over a 2–6 month horizon this supports operational scale, improves fixed-cost absorption and provides room to reinvest in capacity or product improvements.
Read all positive factors
Globe Textiles (India) Limited (GLOBE) vs. iShares MSCI India ETF (INDA)
Market Cap
N/A
Dividend YieldN/A
Average Volume (3M)N/A
Price to Earnings (P/E)10.5
Beta (1Y)N/A
Revenue Growth15.96%
EPS Growth-28.53%
CountryIN
Employees827
SectorGeneral
Sector StrengthN/A
IndustryManufacturing - Textiles
Share Statistics
EPS (TTM)0.20
Shares OutstandingN/A
10 Day Avg. VolumeN/A
30 Day Avg. VolumeN/A
Financial Highlights & Ratios
PEG Ratio-0.35
Price to Book (P/B)0.63
Price to Sales (P/S)0.14
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Globe Textiles (India) Limited Business Overview & Revenue Model
Company Description
Globe Enterprises (India) Ltd. operates as a textile manufacturer, producing a varied assortment of goods such as clothing, cotton printed materials, home furnishings, and ornamental fabrics. Its extensive product range includes denim and non-deni...
How the Company Makes Money
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Globe Textiles (India) Limited Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
48
Neutral
Cash Flow
25
Negative
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 6.42B | 5.54B | 4.28B | 3.84B | 3.78B |
| Gross Profit | 455.21M | 400.55M | 554.30M | 357.11M | 288.74M |
| EBITDA | 330.20M | 340.14M | 320.66M | 176.89M | 168.88M |
| Net Income | 91.47M | 95.00M | 57.51M | 45.05M | 51.35M |
Balance Sheet | |||||
| Total Assets | 4.12B | 3.85B | 2.47B | 2.39B | 2.59B |
| Cash, Cash Equivalents and Short-Term Investments | 8.65M | 13.08M | 1.65M | 1.30M | 1.54M |
| Total Debt | 1.67B | 1.48B | 635.95M | 1.05B | 907.44M |
| Total Liabilities | 2.66B | 2.39B | 1.43B | 1.85B | 2.09B |
| Stockholders Equity | 1.46B | 1.46B | 1.04B | 544.10M | 497.39M |
Cash Flow | |||||
| Free Cash Flow | 0.00 | -371.36M | 81.33M | -35.41M | -91.04M |
| Operating Cash Flow | -213.71M | -330.82M | 86.07M | -7.38M | -87.19M |
| Investing Cash Flow | 22.17M | -363.13M | 3.97M | -25.38M | -3.41M |
| Financing Cash Flow | 187.47M | 542.57M | -89.70M | 32.52M | 91.41M |
Globe Textiles (India) Limited Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | ₹1.13B | 10.72 | ― | 0.42% | 2.72% | 61.32% | |
60 Neutral | ₹1.15B | 35.92 | ― | ― | -0.05% | 162.26% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
55 Neutral | ₹4.10B | 13.06 | ― | 0.88% | 4.93% | 40.82% | |
50 Neutral | ₹1.13B | 36.16 | ― | ― | 0.37% | -14.25% | |
49 Neutral | ₹2.26B | 67.89 | ― | ― | -6.32% | ― | |
48 Neutral | ― | 10.50 | ― | ― | 15.96% | -28.53% |
* General Sector Average
IN:GLOBE
Globe Textiles (India) Limited
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―
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Globe Textiles (India) Limited Corporate Events
Globe Enterprises Confirms Full Demat Compliance Under SEBI Regulation 74(5)
Apr 6, 2026
Globe Enterprises (India) Limited has informed the National Stock Exchange that, for the quarter ended 31 March 2026, it has obtained the requisite confirmation from its registrar and transfer agent regarding compliance with Regulation 74(5) of th...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.