MarketFriction

Glottis Ltd

NSE GLOTTIS · BSE 544557 · Logistics Solution Provider
₹58.41 -7.11%
NSE close2026-10-01
52 week range37.00 - 93.00
Market cap₹562 Cr.
P/E15.4
IPO 2025 · -55% since Price band 20% Delivery 59.5%

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

Standalone, Rs crore
Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales149287198307168215144196235
Expenses135258179291151197140185218
Operating Profit14291916171841116
OPM %10%10%10%5%10%8%2.8%5%7%
Other Income001100152
Interest001101112
Depreciation001111112
Profit before tax14281815161741415
Tax %25%27%25%27%26%27%30%22%27%
Net Profit11211311121231111
EPS in Rs6.722.571.681.421.491.540.291.161.16
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales21479497941723789
Expenses21445457862672740
Operating Profit003441795049
OPM %13%34%7%8%8%7%6%
Other Income0002179
Interest0001344
Depreciation0011234
Profit before tax003342765149
Tax %0%0%32%26%26%26%
Net Profit002331563836
EPS in Rs225.70309.607.024.084.15
Dividend Payout %0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%235%15%-18%
Compounded Profit Growth%180%19%-36%
Stock Price CAGR%%%%
Return on Equity%51%44%20%
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital0.000.00111618
Reserves0194182262
Borrowings003282653
Other Liabilities0030313233
Total Liabilities017282155367
Fixed Assets00231624
CWIP0004011
Investments000000
Other Assets017075139333
Total Assets017282155367
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity2575-69
Cash from Investing Activity-09-9-99
Cash from Financing Activity-22-238173
Net Cash Flow3-745
Free Cash Flow252-2-89
CFO/OP102%51%30%-121%
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days323227394187
Inventory Days
Days Payable
Cash Conversion Cycle323227394187
Working Capital Days-13118202864
ROCE %124%156%91%90%24%
Dec 2025Mar 2026Jun 2026
Promoters74.23%74.23%74.23%
FIIs2.50%0.86%0.85%
DIIs1.13%0.84%0.84%
Public22.14%24.08%24.08%
No. of Shareholders79,18372,14565,826

Fundamentals

Market Cap₹ 562 Cr.
Current Price₹ 61.0
Stock P/E15.4
Book Value₹ 30.4
ROCE23.8 %
ROE19.9 %
Dividend Yield0.00 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)-18%
Compounded Profit Growth (TTM)-36%
Standalone figures.
Valuation
Market capRs 538 Cr
Enterprise valueRs 538 Cr
P/E (TTM)14.27x
Price to book897.10x
Price to sales0.74x
EV / EBITDA9.54x
EV / EBIT9.99x
EV / sales0.74x
Earnings yield7.01%
Profitability
Operating margin (excl. other income)34.07%
Operating margin (incl. other income)34.07%
EBITDA margin7.80%
Pre-tax margin7.03%
Net profit margin5.22%
Net margin, latest quarter5.47%
ROE124.32%
ROCE124.32%
ROA85.19%
ROIC (approx.)41423.08%
Growth
Sales growth (latest year)-21.51%
Profit growth (latest year)109.09%
Sales growth QoQ36.13%
Profit growth QoQ296.67%
Sales growth YoY (latest quarter)-36.23%
Profit growth YoY (latest quarter)-5.72%
Per share
EPS (TTM)Rs 4.09
EPS (latest quarter)Rs 1.16
Book value per shareRs 0.07
Sales per shareRs 78.41
Free cash flow per shareRs -9.66
Efficiency
Asset turnover1.90x
Debtor days32 days
Debtors turnover11.25x
Cash conversion cycle87 days
Working capital days64 days
Leverage
Cash and bankRs 0 Cr
Net debtRs -0 Cr
Net debt / EBITDA-0.01x
Interest coverage17.48x
Current ratio (filing 2026-03-31)3.81x
Quick ratio (filing 2026-03-31)3.81x
Trade payables (filing 2026-03-31)Rs 27 Cr
Owners' fund to total sources84.51%
Cash flow
Free cash flow (latest year)Rs -89 Cr
Statement figures
Net sales (TTM)Rs 723 Cr
Net sales (latest year)Rs 1 Cr
Sales (latest quarter)Rs 196 Cr
Operating profit excl. other income (latest year)Rs 0 Cr
Operating profit (latest quarter)Rs 11 Cr
Other income (TTM)Rs 7 Cr
EBITDA (TTM)Rs 56 Cr
PBDT (TTM)Rs 53 Cr
Profit before tax (TTM)Rs 51 Cr
Net profit (TTM)Rs 38 Cr
Net profit (latest year)Rs 0 Cr
Net profit (latest quarter)Rs 11 Cr
Depreciation (TTM)Rs 3 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 3 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total expenditure (latest year)Rs 1 Cr
Total income (latest year)Rs 1 Cr
ReservesRs 1 Cr
Shareholders' fundsRs 1 Cr
Total assetsRs 1 Cr
ReceivablesRs 0 Cr
Other liabilitiesRs 0 Cr
Shares outstanding (crore)9.22
Ownership
Promoter holding74.23%
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).
PeriodGLOTTISNifty 50Difference
1 week-7.8%-2.8% -5.0 pts
1 month-7.3%-6.8% -0.5 pts
3 months-12.8%-7.6% -5.2 pts
6 months+53.1%+0.4% +52.7 pts

Red flags

lookAuditor change Auditor change 2026-05-25: Glottis Limited has informed the Exchange regarding Change in Auditors of the company.
lookRegulator order or action Regulator order or action 2026-04-24: Glottis Limited has informed the Exchange about Action(s) taken or orders passed
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 ₹235 Cr +39.9% vs Jun 2025. Net profit ₹11 Cr -8.3%.
Against our estimate for Jun 2026: sales +104.8%, profit +71.3% beat. Our estimate for Sep 2026: sales Rs 219 Cr, profit Rs 11 Cr (how).

Activity

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No bulk or block deals on record.
No corporate actions on record.
DateTypeWhat it says
2026-09-30Shareholder meetingVoting results.
2026-09-28Shareholder meetingProceedings of Annual General Meeting held on September 28, 2026
2026-09-24Concall / analyst meetSchedule of meet
2026-09-07General UpdatesGeneral Updates Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
2026-09-03Shareholder meetingNotice of Annual General Meeting to be held on September 28, 2026
2026-09-01Reply to Clarification- FinaThe Exchange had sought clarification from Glottis Limited for the quarter ended 30-Jun-2026 with respect to Regulation 33 of the SEBI (Listing Obliga...
2026-08-28Clarification - Financial ReThe Exchange has sought clarification from Glottis Limited for the quarter ended 30-Jun-2026 with respect to Regulation 33 of the SEBI (Listing Obliga...
2026-08-17Concall / analyst meetTranscript
2026-08-11Concall / analyst meetLink of Recording
2026-08-11Press ReleaseA press release dated August 11, 2026, titled "Press Release on the Un-Audited Financial Results for the Quarter ended June 30, 2026".
2026-08-11Investor PresentationInvestor Presentation
2026-08-10Monitoring Agency ReportGlottis has informed the Stock Exchange about the Monitoring agency report for the quarter ended June 30, 2026.
2026-08-10Statement of deviation(s) orStatement of deviation(s) or variation(s) under Reg. 32
2026-08-10Board meeting outcomeGlottis Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-08-06Concall / analyst meetSchedule of meet
2026-07-03General UpdatesGeneral Updates
2026-07-03Disclosure under SEBI TakeovRamkumar Senthilvel has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substanti...
2026-06-22Concall / analyst meetSchedule of meet
2026-06-05Disclosure under SEBI TakeovKuttappan Manikandan has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substant...
2026-06-01Concall / analyst meetTranscript
2026-05-26Concall / analyst meetLink of Recording
2026-05-26Press ReleaseA press release dated May 26, 2026, titled "Glottis enclosed a copy of the Press Release on the Audited Financial Results for the Quarter and Financia...
2026-05-26Investor PresentationInvestor Presentation
2026-05-25Change in AuditorsChange in Auditors of the company.
2026-05-25Change in ManagementChange in Management
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.
High low price variation greater than 150perc in previous 12 months

Quick answers

What is the market cap of Glottis Ltd?

Glottis Ltd (GLOTTIS) has a market capitalisation of Rs 562 Cr. at the 2026-10-01 close.

What is the P/E ratio of Glottis Ltd?

Glottis Ltd trades at a P/E of 15.4 on trailing twelve-month profit, at the 2026-10-01 close.

What were Glottis Ltd's latest quarterly results?

In the Jun 2026 quarter, Glottis Ltd sales was Rs 235 Cr (+39.9% vs Jun 2025) and net profit was Rs 11 Cr.

What is the 52-week high and low of Glottis Ltd?

The 52-week high is Rs 93.00 and the 52-week low is Rs 37.00.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03