MarketFriction

Globe International Carriers Ltd

NSE GICL · Logistics Solution Provider
₹22.27 -2.45%
NSE close2026-10-01
52 week range15.61 - 52.40
Market cap₹259 Cr.
P/E26.0
ESM Price band 5%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales30.7339.4938.3148.1135.4037.5747.3154.6537.18
Expenses29.1538.1835.6144.6332.2434.0237.1452.0933.68
Operating Profit1.581.312.703.483.163.5510.172.563.50
OPM %5.14%3.32%7.05%7.23%8.93%9.45%21.50%4.68%9.41%
Other Income0.150.000.010.010.13-0.010.191.410.27
Interest0.440.610.540.691.221.141.181.221.11
Depreciation0.100.100.100.100.090.090.080.130.20
Profit before tax1.190.602.072.701.982.319.102.622.46
Tax %25.21%25.00%26.09%21.85%26.77%25.97%23.96%41.60%34.15%
Net Profit0.890.451.532.111.451.716.921.531.62
EPS in Rs0.090.050.150.210.160.160.390.170.17
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1151168880108114114157175177
Expenses1111128577104109109148155157
Operating Profit443345691920
OPM %3.6%3.9%3.3%4.1%3.7%4.4%4.9%6%11%11%
Other Income0000000022
Interest2222222255
Depreciation0000000000
Profit before tax221123371616
Tax %33%29%46%26%28%27%24%27%28%
Net Profit120112351212
EPS in Rs0.120.160.040.090.140.190.260.480.880.89
Dividend Payout %0%0%0%0%0%26%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%17%15%10%
Compounded Profit Growth%61%72%73%
Stock Price CAGR%%24%-44%
Return on Equity%9%10%12%
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital888101020252556
Reserves14161615168293442
Borrowings202120182020202548
Other Liabilities5545171281157
Total Liabilities4650484864608395203
Fixed Assets1121112255
CWIP010000000
Investments000000001
Other Assets4548464762598193148
Total Assets4650484864608395203
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity5700-11-111017
Cash from Investing Activity-2-42-232-8-98
Cash from Financing Activity-2-1-21-1-420-2-23
Net Cash Flow12-000-10-02
Free Cash Flow4600-11-121014
CFO/OP129%171%24%22%-17%34%-186%128%100%
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days121123155165183140125108108
Inventory Days
Days Payable
Cash Conversion Cycle121123155165183140125108108
Working Capital Days50516982778313492167
ROCE %10%6%7%8%10%9%11%16%
Sep 2022Nov 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters74.18%74.18%70.79%70.79%58.15%58.68%58.99%63.49%63.49%63.49%63.49%63.96%
FIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.02%0.01%
DIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.01%0.00%0.00%0.00%
Public25.82%25.82%29.21%29.21%41.85%41.32%41.01%36.51%36.50%36.51%36.49%36.03%
No. of Shareholders1061231481883451,2321,3291,4701,6071,8952,1615,812

Fundamentals

Market Cap₹ 259 Cr.
Current Price₹ 23.1
Stock P/E26.0
Book Value₹ 8.76
ROCE15.9 %
ROE12.5 %
Dividend Yield0.00 %
Face Value₹ 5.00
Compounded Sales Growth (TTM)10%
Compounded Profit Growth (TTM)73%
Consolidated figures.
Valuation
Market capRs 249 Cr
Enterprise valueRs 274 Cr
P/E (TTM)25.31x
Price to book4.24x
Price to sales1.43x
EV / EBITDA12.95x
EV / EBIT13.19x
EV / sales1.57x
Price to cash flow25.08x
Earnings yield3.95%
P/E, 3-year average11.79x
P/B, 3-year average0.77x
P/E, 5-year average7.90x
P/B, 5-year average0.50x
Profitability
Operating margin (excl. other income)5.82%
Operating margin (incl. other income)5.93%
EBITDA margin12.10%
Pre-tax margin9.15%
Net profit margin5.63%
Net margin, latest quarter3.57%
ROE8.51%
ROCE11.18%
ROA5.40%
ROE, 3-year average7.26%
ROCE, 3-year average10.07%
ROA, 3-year average4.03%
ROE, 5-year average6.21%
ROCE, 5-year average9.10%
ROA, 5-year average3.31%
ROIC (approx.)18.20%
Tax rate26.83%
Other income / net worth0.29%
Growth
Sales growth (latest year)36.82%
Profit growth (latest year)87.50%
Sales CAGR, 3 years13.29%
Sales CAGR, 5 years12.32%
Profit CAGR, 3 years49.38%
Profit CAGR, 5 years65.21%
Sales growth QoQ15.51%
Profit growth QoQ-55.38%
Sales growth YoY (latest quarter)13.59%
Profit growth YoY (latest quarter)-7.58%
Per share
EPS (TTM)Rs 0.88
EPS (latest year)Rs 1.93
EPS (latest quarter)Rs 0.17
EPS, 3-year averageRs 1.30
EPS, 5-year averageRs 1.25
Book value per shareRs 5.25
Sales per shareRs 15.62
Cash flow per shareRs 0.89
Free cash flow per shareRs 1.25
Dividend per share, 3-year averageRs 0.25
Dividend per share, 5-year averageRs 0.25
Dividends
Dividend payout, 3-year average26.04%
Dividend payout, 5-year average26.04%
Efficiency
Asset turnover1.65x
Fixed asset turnover79.93x
Debtor days108 days
Debtors turnover3.39x
Cash conversion cycle108 days
Working capital days167 days
Leverage
Total debtRs 25 Cr
Cash and bankRs 1 Cr
Net debtRs 25 Cr
Debt to equity0.43x
Net debt / EBITDA1.17x
Interest coverage4.36x
Owners' fund to total sources61.88%
Debt to assets26.81%
Cash flow
Cash from Operating Activity (latest year)Rs 10 Cr
Cash from Investing Activity (latest year)Rs -9 Cr
Cash from Financing Activity (latest year)Rs -2 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs 14 Cr
FCFE (approx.: FCF + change in debt)Rs 19 Cr
Cash from ops / profit, 5 years0.70x
Sales to cash flow15.76x
Statement figures
Net sales (TTM)Rs 175 Cr
Net sales (latest year)Rs 157 Cr
Sales (latest quarter)Rs 55 Cr
Operating profit excl. other income (latest year)Rs 9 Cr
Operating profit (latest quarter)Rs 3 Cr
Other income (TTM)Rs 2 Cr
EBITDA (TTM)Rs 21 Cr
PBDT (TTM)Rs 16 Cr
Profit before tax (TTM)Rs 16 Cr
Tax (latest year)Rs 2 Cr
Net profit (TTM)Rs 10 Cr
Net profit (latest year)Rs 5 Cr
Net profit (latest quarter)Rs 2 Cr
Depreciation (TTM)Rs 0 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 5 Cr
Cost of goods sold (latest year)Rs 144 Cr
Total expenditure (latest year)Rs 148 Cr
Total income (latest year)Rs 157 Cr
Share capitalRs 25 Cr
ReservesRs 34 Cr
Shareholders' fundsRs 59 Cr
Total assetsRs 95 Cr
Net blockRs 2 Cr
ReceivablesRs 46 Cr
Other liabilitiesRs 11 Cr
Shares outstanding (crore)11.20
Ownership
Promoter holding63.96% (+0.47 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 25.3 is at the 4th percentile of its own 3.9-year range (median 154.7, low 19.2, high 396.5).
P/B 4.24 is at the 3th percentile (median 15.94).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodGICLNifty 50Difference
1 week-5.2%-2.8% -2.5 pts
1 month-6.2%-6.8% +0.6 pts
3 months+17.3%-7.6% +24.9 pts
6 months-43.3%+0.4% -43.7 pts
1 year-86.6%-9.9% -76.6 pts
2 years-67.9%-13.6% -54.4 pts
3 years-54.2%+14.2% -68.4 pts
5 years+6.0%+27.9% -21.8 pts

Red flags

F-score 7 of 8
explainWeak cash conversion Cash from operations was -5% of net profit over the last 3 years
lookOn NSE surveillance On NSE surveillance: ESM
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹37 Cr +5.0% vs Jun 2025. Net profit ₹2 Cr +11.7%.

Activity

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No bulk or block deals on record.
No corporate actions on record.
DateTypeWhat it says
2026-10-02Shareholder meetingVoting results.
2026-09-30Shareholder meetingProceedings of Annual General Meeting held on September 30, 2026 along with a copy of minutes.
2026-09-09Reply to Clarification- FinaThe Exchange had sought clarification from Globe International Carriers Limited for the quarter ended 30-Jun-2026 with respect to Regulation 33 of the...
2026-09-07Shareholder meetingNotice of Annual General Meeting to be held on September 30, 2026
2026-09-04UpdatesOutcome of Meeting of Board of Directors of Globe International Carriers Limited ( the Company/GICL") in accordance with Regulation 29,30 and 33 of th...
2026-08-26Clarification - Financial ReThe Exchange has sought clarification from Globe International Carriers Limited for the quarter ended 30-Jun-2026 with respect to Regulation 33 of the...
2026-08-14Board meeting outcomeGlobe International Carriers Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-06-26UpdatesInvestor Presentation.
2026-06-23UpdatesFinancial Results for the period ended 31-Mar-2026.
2026-06-12UpdatesDisclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
2026-06-12UpdatesDisclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
2026-06-10Updates: Disclosure under Regulation 29 (2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.: Disclosure under Regulation 29 (2) ...
2026-06-10Updates: Disclosure under Regulation 29 (2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.: Disclosure under Regulation 29 (2) ...
2026-06-08UpdatesPIT disclosure.
2026-06-08Trading Plan under PITTrading Plan pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
2026-05-29Board meeting outcomeGlobe International Carriers Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-05-18General UpdatesAppointment of Investor Relations Firm
2026-04-28Product launchProduct launch
2026-04-16Monthly updateMonthly Business Updates for the month of April 2026
2026-04-09Disclosure under SEBI TakeovGlobe International Carriers Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of...
2026-03-26UpdatesClarification on Price Movement of Shares under Regulation 30 of SEBI (LODR) Regulations, 2015.
2026-03-25Price movementSignificant movement in price has been observed in Globe International Carriers Limited. The Exchange, in order to ensure that investors have latest r...
2026-03-06UpdatesFinancial results for the period ended 31-Dec-2025 in Machine Readable Form / Legible copy.
2026-02-23Reply to Clarification- FinaThe Exchange had sought clarification from Globe International Carriers Limited for the quarter ended 30-Sep-2025 with respect to Regulation 33 of the...
2026-02-17General UpdatesListing of equity shares of Globe International Carriers Limited on Capital Market Segment (Main Board)pursuant to Migration from SME Emerge platform
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2020-03-20NCLTTube investment of India Ltd. Vs Globe International Carriers Ltd.
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
ESM: stage 1Less than 100 unique PAN traded in previous 30 days
Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.Updated 2026-10-03