Price
Financials
Standalone, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 15.55 | 8.50 | 10.60 | 18.74 | 17.73 | 12.03 | 0.58 | 1.04 | 2.75 | 2.59 | 8.06 | 11.22 |
| Expenses | 14.70 | 8.41 | 10.74 | 18.17 | 17.09 | 12.58 | 1.93 | 1.37 | 2.95 | 2.90 | 8.69 | 11.28 |
| Operating Profit | 0.85 | 0.09 | -0.14 | 0.57 | 0.64 | -0.55 | -1.35 | -0.33 | -0.20 | -0.31 | -0.63 | -0.06 |
| OPM % | 5.47% | 1.06% | -1.32% | 3.04% | 3.61% | -4.57% | -232.76% | -31.73% | -7.27% | -11.97% | -7.82% | -0.53% |
| Other Income | 0.10 | 0.10 | 0.16 | 0.12 | 0.11 | 0.10 | 0.25 | 0.11 | 0.15 | 0.12 | 0.33 | 0.16 |
| Interest | 0.22 | 0.20 | 0.15 | 0.17 | 0.35 | 0.23 | 0.20 | 0.25 | 0.25 | 0.31 | 0.17 | 0.26 |
| Depreciation | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| Profit before tax | 0.73 | -0.01 | -0.13 | 0.52 | 0.40 | -0.68 | -1.30 | -0.47 | -0.30 | -0.50 | -0.47 | -0.16 |
| Tax % | -0.00% | -0.00% | 184.62% | 17.31% | 35.00% | -25.00% | -27.69% | -23.40% | -13.33% | -26.00% | -12.77% | -25.00% |
| Net Profit | 0.73 | -0.01 | -0.37 | 0.43 | 0.25 | -0.51 | -0.94 | -0.36 | -0.26 | -0.37 | -0.41 | -0.12 |
| EPS in Rs | 0.40 | 0.24 | -0.48 | -0.89 | -0.34 | -0.24 | -0.35 | -0.39 | -0.11 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|
| Sales | 1.76 | 11.04 | 67.74 | 54.27 | 49.08 | 14.44 | 24.62 |
| Expenses | 1.75 | 9.96 | 68.79 | 53.25 | 49.76 | 15.90 | 25.82 |
| Operating Profit | 0.01 | 1.08 | -1.05 | 1.02 | -0.68 | -1.46 | -1.20 |
| OPM % | 0.57% | 9.78% | -1.55% | 1.88% | -1.39% | -10.11% | -4.87% |
| Other Income | -0.00 | -0.00 | 0.71 | 0.46 | 0.58 | 0.71 | 0.76 |
| Interest | 0.05 | 0.17 | 0.90 | 0.74 | 0.96 | 0.98 | 0.99 |
| Depreciation | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.00 |
| Profit before tax | -0.04 | 0.91 | -1.24 | 0.74 | -1.06 | -1.73 | -1.43 |
| Tax % | -50.00% | 34.07% | 4.03% | 32.43% | -28.30% | -19.08% | |
| Net Profit | -0.03 | 0.60 | -1.29 | 0.50 | -0.77 | -1.40 | -1.16 |
| EPS in Rs | -0.73 | -1.32 | -1.09 | ||||
| Dividend Payout % | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 52% | -40% | -22% | ||
| Compounded Profit Growth | % | % | -3% | 26% | ||
| Stock Price CAGR | % | % | % | -21% | ||
| Return on Equity | % | -6% | -5% | -14% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.05 | 0.05 | 10.62 | 10.62 | 10.62 | 10.62 |
| Reserves | -0.22 | 0.38 | 0.62 | 1.12 | 0.38 | -1.03 |
| Borrowings | 0.75 | 3.73 | 12.69 | 9.46 | 10.22 | 10.31 |
| Other Liabilities | 0.04 | 0.84 | 28.64 | 15.71 | 2.32 | 5.23 |
| Total Liabilities | 0.62 | 5.00 | 52.57 | 36.91 | 23.54 | 25.13 |
| Fixed Assets | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| CWIP | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| Investments | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| Other Assets | 0.62 | 5.00 | 52.57 | 36.91 | 23.54 | 25.13 |
| Total Assets | 0.62 | 5.00 | 52.57 | 36.91 | 23.54 | 25.13 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from Operating Activity | 0.12 | -1.99 | -16.27 | 4.08 | -0.71 | 1.62 |
| Cash from Investing Activity | -0.00 | -0.00 | -0.21 | 0.45 | -1.85 | 2.50 |
| Cash from Financing Activity | -0.09 | 2.81 | 20.85 | -3.97 | -0.15 | -0.79 |
| Net Cash Flow | 0.02 | 0.82 | 4.37 | 0.56 | -2.71 | 3.34 |
| Free Cash Flow | 0.12 | -1.99 | -16.27 | 4.08 | -0.71 | 1.62 |
| CFO/OP | 1,200% | -179% | 1,534% | 400% | 72% | -112% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 64.29 | 73.40 | 95.59 | 44.25 | 16.96 | 17.44 |
| Inventory Days | 47.37 | 85.40 | 137.74 | 167.50 | 89.34 | 330.21 |
| Days Payable | 2.79 | 28.47 | 202.84 | 146.27 | 21.99 | 152.59 |
| Cash Conversion Cycle | 108.87 | 130.33 | 30.48 | 65.48 | 84.30 | 195.06 |
| Working Capital Days | 99.55 | 109.76 | 53.24 | 40.35 | 29.82 | 22.24 |
| ROCE % | 45.57% | -2.42% | 6.56% | -0.47% | -3.65% |
| Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Promoters | 64.80% | 64.80% | 64.80% | 64.80% | 65.43% | 65.43% | 65.43% | 65.43% |
| FIIs | 0.10% | 0.09% | 0.09% | 0.09% | 0.09% | 0.09% | 0.07% | 0.07% |
| DIIs | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% |
| Public | 35.02% | 35.03% | 35.02% | 35.03% | 34.40% | 34.40% | 34.43% | 34.41% |
| No. of Shareholders | 4,492 | 5,040 | 5,338 | 5,651 | 6,170 | 6,417 | 6,371 | 6,250 |
Fundamentals
Market Cap₹ 11.5 Cr.
Current Price₹ 10.8
Book Value₹ 9.03
ROCE-3.65 %
ROE-13.6 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-22%
Compounded Profit Growth (TTM)26%
Standalone figures.
Valuation
Market capRs 11 Cr
Enterprise valueRs 14 Cr
Price to book26.11x
Price to sales0.46x
EV / sales0.57x
Earnings yield-10.33%
Profitability
Operating margin (excl. other income)9.78%
Operating margin (incl. other income)9.78%
EBITDA margin-1.79%
Pre-tax margin-5.81%
Net profit margin-4.71%
Net margin, latest quarter-1.07%
ROE461.54%
ROCE45.57%
ROA21.35%
ROIC (approx.)-8.74%
Tax rate34.07%
Growth
Sales growth (latest year)527.27%
Sales growth QoQ39.21%
Sales growth YoY (latest quarter)978.85%
Per share
EPS (TTM)Rs -1.09
EPS (latest year)Rs 120.00
EPS (latest quarter)Rs -0.11
Book value per shareRs 0.40
Sales per shareRs 23.18
Cash flow per shareRs -1.87
Free cash flow per shareRs 1.53
Efficiency
Asset turnover2.21x
Inventory turnover5.27x
Inventory days69 days
Debtor days73 days
Debtors turnover4.97x
Creditor days153 days
Cash conversion cycle195 days
Working capital days22 days
Leverage
Total debtRs 4 Cr
Cash and bankRs 1 Cr
Net debtRs 3 Cr
Debt to equity8.67x
Interest coverage-0.44x
Owners' fund to total sources8.60%
Debt to assets74.60%
Cash flow
Cash from Operating Activity (latest year)Rs -2 Cr
Cash from Financing Activity (latest year)Rs 3 Cr
Net Cash Flow (latest year)Rs 1 Cr
Free cash flow (latest year)Rs 2 Cr
FCFE (approx.: FCF + change in debt)Rs 5 Cr
Statement figures
Net sales (TTM)Rs 25 Cr
Net sales (latest year)Rs 11 Cr
Sales (latest quarter)Rs 11 Cr
Operating profit excl. other income (latest year)Rs 1 Cr
Operating profit (latest quarter)Rs -0 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs -0 Cr
PBDT (TTM)Rs -1 Cr
Profit before tax (TTM)Rs -1 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs -1 Cr
Net profit (latest year)Rs 1 Cr
Net profit (latest quarter)Rs -0 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 10 Cr
Total expenditure (latest year)Rs 10 Cr
Total income (latest year)Rs 11 Cr
Share capitalRs 0 Cr
ReservesRs 0 Cr
Shareholders' fundsRs 0 Cr
Total assetsRs 5 Cr
ReceivablesRs 2 Cr
InventoryRs 2 Cr
Other liabilitiesRs 1 Cr
Shares outstanding (crore)1.06
Ownership
Promoter holding65.43% (+0.63 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | GLOBALE | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -2.1% | -2.8% | +0.7 pts |
| 1 month | -5.6% | -6.8% | +1.2 pts |
| 3 months | -11.2% | -7.6% | -3.6 pts |
| 6 months | +4.9% | +0.4% | +4.5 pts |
| 1 year | -19.6% | -9.9% | -9.7 pts |
| 2 years | -72.7% | -13.6% | -59.2 pts |
Red flags
F-score 5 of 8| explain | Weak cash conversion Cash from operations was -328% of net profit over the last 2 years |
| explain | High accruals Profit exceeded operating cash by 52% of total assets in 2026 |
| explain | Receivables outrunning sales Receivables grew 616% vs sales +527% in 2026 |
| look | Inventory outrunning sales Inventory grew 994% vs sales +527% in 2026 |
| look | Auditor change Auditor change 2026-07-28: Globale Tessile Limited has informed the Exchange regarding Change in Auditors of the company. |
| look | On NSE surveillance On NSE surveillance: GSM |
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 2026Sales ₹11 Cr +978.8% vs Jun 2025.
Net loss ₹0 Cr.
Activity
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No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2024-09-23 | Annual General Meeting |
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.
EPS in the scrip is zero (4 trailing quarters)GSMLess than 100 unique PAN traded in previous 30 days