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On 6 Nov 2026, GLOBE ENTERPRISES (INDIA) was priced at ₹2.10, or 9.1× trailing earnings, against an industry P/E of 17.0×, and the shares are 36% below their 52-week high. Sales and net profit grew 18% and 27% a year over 3 years; its ROCE of 19% is the second-highest among the 7 largest Textile Manufacturing peers. Debt is 1.36× equity. It is a small-cap company with a market cap of ₹95 Cr, ranked 125th of 246 Textile Manufacturing companies by market cap; the shares fell 18% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year
Open
₹2.20
Day high
₹2.21
Day low
₹2.09
Prev. close
₹2.15
Volume
4.2 L

Health check

2 good · 2 fair · 2 to check
  • ReturnsBehind

    −17.9% over a year, better than 0 of 7 peers.

  • Price tagCheaper

    P/E 9.1 vs industry 17.0.

  • GrowthStrong

    Sales +18.5%, profit +26.6% a year over 3 years.

  • ProfitabilityAverage

    ROCE 19.5% vs peer median 10.7%.

  • Balance sheetFair

    Debt 1.36× equity, interest covered 1.7×, Piotroski 5 of 9.

  • Red flags3 to check

    Return on equity is low at 6.6%.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Textile Manufacturing

245 listed peers. Screen the industry

Small cap

₹95 Cr, #125 of 246 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Jun 2026: sales ₹731 Cr · profit ₹10 Cr
Market cap
₹95 Cr
Small cap
P/E
9.1
Industry 17.0
Price to book
0.66
Peers 3.81
Dividend yield
0.00%
ROE
6.6%
Peers 10.1%
ROCE
19.5%
Peers 10.7%
Debt to equity
1.36
Debt ₹208 Cr
EPS (TTM)
₹0.23
Face value ₹2
OPM (TTM)
4.6%
Net margin 1.4%
Sales growth
+24.4%
Latest quarter vs a year ago
Profit growth
+108.9%
Latest quarter vs a year ago
Price to sales
0.13
EV/EBITDA 7.5

Strengths and risks

Strengths

  • Quarterly profit up 108.9% on a year ago.
  • Quarterly sales up 24.4% on a year ago.
  • P/E of 9.1 against an industry P/E of 17.0.
  • Promoter stake up from 32.8% to 34.4%.

Risks to check

  • Return on equity is low at 6.6%.
  • 36% below its 52-week high.
  • Interest coverage of only 2.0×.

Derived automatically from reported figures. Not a recommendation.

About GLOBE ENTERPRISES (INDIA)

Globe Enterprises (India) Limited engages in the manufacture and sale of textile and apparel in India. It offers denim and non-denim fabrics; shirting fabrics, such as printed linens, suiting prints, and dyed shirting fabrics; printed fabrics, including polyester print fabrics, chadri voiles, sarongs, scarfs, polyester dyed fabrics, cotton prints, and cotton dyed fabrics; and jeans and shorts for men and women under the AFFORD, INDIGIRL, and INDIGEN brand…

Headquarters
Ahmedabad
Employees
684
Sector
Consumer Cyclical
ISIN
INE581X01021
Website
globetextiles.net

Price range

52 weeks

₹1.75₹3.29

Today

₹2.09₹2.21
Avg volume (3M)
6.1 L
1-year return
minus 17.9%
From 52-week high
minus 36.2%

Peers · Textile Manufacturing

Compare with peersScreen the whole industry
Company
KPRMILLK.P.R. Mill1,164.40minus 0.25%39,88338.36.4120.0%18.0%22.1%2.3%2.1%0.43%plus 10.5%
WELSPUNLIVWelspun Living241.30minus 4.75%22,71752.84.475.8%8.8%28.7%5.7%0.9%0.04%plus 96.2%
VTLVardhman Textiles508.80minus 4.89%14,72914.31.388.6%7.3%13.7%−0.8%−2.1%0.98%plus 22.2%
ARVINDArvind494.75minus 0.58%12,96928.43.1015.4%11.1%10.9%3.4%0.8%0.91%plus 57.3%
TRIDENTTrident23.88plus 0.08%12,16825.42.5310.7%10.1%14.9%1.8%−5.1%2.09%minus 16.6%
ICILIndo Count Industries489.85minus 2.25%9,70239.83.819.5%5.5%9.7%11.6%−22.9%0.31%plus 78.7%
GARFIBRESGarware Technical Fibres715.65minus 2.13%6,98829.84.9719.3%15.3%19.2%5.6%4.9%1.26%minus 3.9%
GLOBEGLOBE ENTERPRISES (INDIA)2.10minus 2.33%959.10.6619.5%6.5%4.6%18.5%26.6%0.00%minus 17.9%
Median of 7 peers–−2.13%12,96929.83.8110.7%10.1%14.9%3.4%0.8%0.91%22.2%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Sep 25Dec 25Mar 26Jun 26
148157159178185
140149150172175
87.49.15.79.3
5.4%4.8%5.7%3.2%5.0%
2.621.11.90.3
4.344.64.64.7
1.21.21.31.21.2
−2.6––––
2.54.24.41.73.7
43.5%−7.4%54.0%26.3%21.2%
1.44.521.32.9
0.030.100.040.030.06

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
+18.5%
Profit CAGR 3Y
+26.6%
EPS CAGR 3Y
−5.1%
ROE
6.6%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
384447547638
–+16.5%+22.4%+16.7%
365429520604
18.317.626.933.8
4.8%3.9%4.9%5.3%
0.29.26.94.8
9.412.91517.3
2.94.95.15
−0.63.3−0.6−3.6
5.712.413.112.7
20.4%28.8%27.6%28.2%
4.58.99.59.1
–+96.7%+7.2%minus 3.7%
0.230.280.300.20

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
30.260.190.190.1
24.256.846.656
105121148167
79.476.391.398.9
239314376412
31.177.368.561
0.2110.30
–1.71.61.6
0.10.81.30.9
208223304348
239314376412

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
−0.711.9−17.5−3.9
−2.5−1.2−36.32.3
3.3−10.754.31.2
−000.4−0.4
−2.8−2.1−4.1–
−3.59.8−21.6−3.9

Shareholding pattern

Source: NSE filings
34.4%
promoters
  • Promoters34.35%
  • Public65.65%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 202634.35%65.65%0.00
30 Jun 202634.35%65.65%0.00
31 Mar 202634.35%65.65%0.00
31 Dec 202534.35%65.65%plus 1.51
30 Sep 202532.84%67.16%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you