Globale Tessile (GLOBALE) is loss-making over the last 12 months, losing ₹0.56 Cr, so a P/E ratio does not apply. Its share price on 6 Nov 2026 was ₹10.21, 34% below its 52-week high. Sales fell 40% a year over 3 years. Debt is 0.54× equity. It is a small-cap company with a market cap of ₹11 Cr, ranked 220th of 246 Textile Manufacturing companies by market cap; the shares fell 16% over the past year.
- ₹10.89
- ₹10.89
- ₹10.02
- ₹10.74
- 1.3K
Health check
- ReturnsBehind
−16.1% over a year, better than 1 of 7 peers.
- Price tagLoss-making
Earnings were negative over the last 12 months.
- GrowthShrinking
Sales −40.3% a year over 3 years.
- ProfitabilityNegative
ROCE -8.9% vs peer median 10.7%.
- Balance sheetStretched
Debt 0.54× equity, operating profit doesn’t cover interest, Piotroski 5 of 9.
- Red flags4 to check
Loss-making over the last twelve months.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹11 Cr
- Small cap
- P/E
- n/a
- Industry 17.0
- Price to book
- 1.10
- Peers 3.81
- Dividend yield
- 0.00%
- ROE
- −5.6%
- Peers 10.1%
- ROCE
- −8.9%
- Peers 10.7%
- Debt to equity
- 0.54
- Debt ₹5.27 Cr
- EPS (TTM)
- −₹1.09
- Face value ₹10
- OPM (TTM)
- −4.9%
- Net margin −1.5%
- Sales growth
- +977.1%
- Latest quarter vs a year ago
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 0.29
Strengths and risks
Strengths
- Quarterly sales up 977.1% on a year ago.
Risks to check
- Loss-making over the last twelve months.
- Return on equity is low at −5.6%.
- 34% below its 52-week high.
- Interest coverage of only −1.7×.
About Globale Tessile
Globale Tessile Limited manufactures and trades in traditional textiles in India and internationally. It offers shirting, suiting, and fabrics for apparel and home textiles. The company was founded in 1970 and is based in Ahmedabad, India.
- Headquarters
- Ahmedabad
- Employees
- 11
- Sector
- Consumer Cyclical
- ISIN
- INE0URU01010
- Website
- mahalaxmigroup.net
Price range
- Avg volume (3M)
- 5.9K
- 1-year return
- minus 16.1%
- From 52-week high
- minus 33.7%
Peers · Textile Manufacturing
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KPRMILLK.P.R. Mill | 1,164.40 | minus 0.25% | 39,883 | 38.3 | 6.41 | 20.0% | 18.0% | 22.1% | 2.3% | 2.1% | 0.43% | plus 10.5% |
| WELSPUNLIVWelspun Living | 241.30 | minus 4.75% | 22,717 | 52.8 | 4.47 | 5.8% | 8.8% | 28.7% | 5.7% | 0.9% | 0.04% | plus 96.2% |
| VTLVardhman Textiles | 508.80 | minus 4.89% | 14,729 | 14.3 | 1.38 | 8.6% | 7.3% | 13.7% | −0.8% | −2.1% | 0.98% | plus 22.2% |
| ARVINDArvind | 494.75 | minus 0.58% | 12,969 | 28.4 | 3.10 | 15.4% | 11.1% | 10.9% | 3.4% | 0.8% | 0.91% | plus 57.3% |
| TRIDENTTrident | 23.88 | plus 0.08% | 12,168 | 25.4 | 2.53 | 10.7% | 10.1% | 14.9% | 1.8% | −5.1% | 2.09% | minus 16.6% |
| ICILIndo Count Industries | 489.85 | minus 2.25% | 9,702 | 39.8 | 3.81 | 9.5% | 5.5% | 9.7% | 11.6% | −22.9% | 0.31% | plus 78.7% |
| GARFIBRESGarware Technical Fibres | 715.65 | minus 2.13% | 6,988 | 29.8 | 4.97 | 19.3% | 15.3% | 19.2% | 5.6% | 4.9% | 1.26% | minus 3.9% |
| GLOBALEGlobale Tessile | 10.21 | minus 4.93% | 11 | – | 1.10 | −8.9% | −5.6% | −4.9% | −40.3% | – | 0.00% | minus 16.1% |
| Median of 7 peers | – | −2.13% | 12,969 | 29.8 | 3.81 | 10.7% | 10.1% | 14.9% | 3.4% | 0.8% | 0.91% | 22.2% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 1 | 2.7 | 2.6 | 8.1 | 11.2 | |
| 1.4 | 3 | 2.9 | 8.7 | 11.3 | |
| −0.3 | −0.2 | −0.3 | −0.6 | −0.1 | |
| −31.2% | −7.4% | −11.8% | −7.8% | −0.6% | |
| 0.1 | 0.1 | 0.1 | 0.3 | 0.2 | |
| 0.3 | 0.2 | 0.3 | 0.2 | 0.3 | |
| −0.5 | −0.3 | −0.5 | −0.5 | −0.2 | |
| 22.7% | 14.3% | 25.2% | 12.9% | 25.2% | |
| −0.4 | −0.3 | −0.4 | −0.4 | −0.1 | |
| -0.34 | -0.24 | -0.35 | -0.38 | -0.12 |
Profit & loss
- Sales CAGR 3Y
- −40.3%
- ROE
- −5.6%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 67.7 | 54.3 | 46.1 | 14.4 | |
| – | minus 19.9% | minus 15.0% | minus 68.7% | |
| 68.8 | 53.3 | 49.8 | 15.9 | |
| −1 | 1 | −3.7 | −1.5 | |
| −1.5% | 1.9% | −7.9% | −10.1% | |
| 0.3 | 0.5 | 0.5 | 0.6 | |
| 0.9 | 0.7 | 0.9 | 0.9 | |
| 0.3 | – | 3 | – | |
| −1.2 | 0.7 | −1.1 | −1.7 | |
| −4.2% | 32.5% | 27.7% | 19.3% | |
| −1.3 | 0.5 | −0.8 | −1.4 | |
| -1.28 | 0.50 | -0.72 | -1.32 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 10.6 | 10.6 | 10.6 | 10.6 | |
| 0.6 | 1.1 | 0.4 | −1 | |
| 12.7 | 9.5 | 10.2 | 10.3 | |
| 28.6 | 15.7 | 2.3 | 5.2 | |
| 52.6 | 36.9 | 23.5 | 25.1 | |
| – | – | – | 0 | |
| 6.4 | 7 | 6.6 | 8 | |
| 46.2 | 29.9 | 17 | 17.1 | |
| 52.6 | 36.9 | 23.5 | 25.1 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −16.3 | 4.1 | −0.7 | 1.6 | |
| −1.7 | 0.4 | −1.8 | 2.5 | |
| 20.8 | −4 | −0.2 | −0.8 | |
| 2.9 | 0.6 | −2.7 | 3.3 | |
| −16.3 | 4.1 | −0.7 | 1.6 |
Shareholding pattern
- Promoters65.43%
- Public34.57%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 65.43% | 34.57% | 0.00 | |
| 30 Jun 2026 | 65.43% | 34.57% | 0.00 | |
| 31 Mar 2026 | 65.43% | 34.57% | 0.00 | |
| 31 Dec 2025 | 65.43% | 34.57% | 0.00 | |
| 30 Sep 2025 | 65.43% | 34.57% | – |
Major shareholders
Filings & events
News
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