Globe Enterprises (India) Limited

NSEI:GLOBE Stock Report

Market Cap: ₹1.0b

Globe Enterprises (India) Management

Management criteria checks 4/4

Globe Enterprises (India)'s CEO is Bhavin Parikh, appointed in Mar 2017, has a tenure of 9.25 years. directly owns 7.14% of the company’s shares, worth ₹73.35M. The average tenure of the management team and the board of directors is 9.3 years and 9.2 years respectively.

Key information

Bhavin Parikh

Chief executive officer

₹3.6m

Total compensation

CEO salary percentagen/a
CEO tenure9.3yrs
CEO ownership7.1%
Management average tenure9.3yrs
Board average tenure9.2yrs

Recent management updates

Recent updates

Analysis Article • Jan 08

Improved Earnings Required Before Globe Enterprises (India) Limited (NSE:GLOBE) Stock's 29% Jump Looks Justified

Globe Enterprises (India) Limited ( NSE:GLOBE ) shares have continued their recent momentum with a 29% gain in the last...
Analysis Article • Dec 26

Is Globe Enterprises (India) (NSE:GLOBE) Using Too Much Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article • Nov 07

Concerns Surrounding Globe Enterprises (India)'s (NSE:GLOBE) Performance

Globe Enterprises (India) Limited ( NSE:GLOBE ) just released a solid earnings report, and the stock displayed some...
Analysis Article • Nov 04

Earnings Working Against Globe Enterprises (India) Limited's (NSE:GLOBE) Share Price

When close to half the companies in India have price-to-earnings ratios (or "P/E's") above 28x, you may consider Globe...
Analysis Article • Aug 28

Globe Textiles (India) (NSE:GLOBE) Might Be Having Difficulty Using Its Capital Effectively

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst...
Analysis Article • Feb 18

Earnings Working Against Globe Textiles (India) Limited's (NSE:GLOBE) Share Price Following 28% Dive

Globe Textiles (India) Limited ( NSE:GLOBE ) shareholders that were waiting for something to happen have been dealt a...
Analysis Article • Jan 02

Does Globe Textiles (India) (NSE:GLOBE) Have A Healthy Balance Sheet?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Analysis Article • Oct 27

Investors Could Be Concerned With Globe Textiles (India)'s (NSE:GLOBE) Returns On Capital

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...
Analysis Article • Sep 25

Globe Textiles (India) Limited (NSE:GLOBE) Surges 29% Yet Its Low P/E Is No Reason For Excitement

Despite an already strong run, Globe Textiles (India) Limited ( NSE:GLOBE ) shares have been powering on, with a gain...
Analysis Article • Sep 11

With EPS Growth And More, Globe Textiles (India) (NSE:GLOBE) Makes An Interesting Case

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article • Jul 05

Here's What's Concerning About Globe Textiles (India)'s (NSE:GLOBE) Returns On Capital

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Analysis Article • Jun 07

Globe Textiles (India) Limited's (NSE:GLOBE) Price Is Right But Growth Is Lacking

With a price-to-earnings (or "P/E") ratio of 7.8x Globe Textiles (India) Limited ( NSE:GLOBE ) may be sending very...
Analysis Article • Jan 06

Globe Textiles (India) Limited's (NSE:GLOBE) Earnings Are Not Doing Enough For Some Investors

With a price-to-earnings (or "P/E") ratio of 16.6x Globe Textiles (India) Limited ( NSE:GLOBE ) may be sending bullish...
Analysis Article • Jul 27

Globe Textiles (India) (NSE:GLOBE) Seems To Be Using A Lot Of Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article • Jan 23

Is Now The Time To Put Globe Textiles (India) (NSE:GLOBE) On Your Watchlist?

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article • Dec 26

These 4 Measures Indicate That Globe Textiles (India) (NSE:GLOBE) Is Using Debt Extensively

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • Dec 02

Globe Textiles (India) (NSE:GLOBE) Knows How To Allocate Capital

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...
Analysis Article • Aug 04

Should You Be Adding Globe Textiles (India) (NSE:GLOBE) To Your Watchlist Today?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article • Jul 02

We Think Globe Textiles (India) (NSE:GLOBE) Is Taking Some Risk With Its Debt

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article • Dec 10

Globe Textiles (India) (NSE:GLOBE) Takes On Some Risk With Its Use Of Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article • Jul 04

Is Globe Textiles (India) (NSE:GLOBE) Using Too Much Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article • May 12

Calculating The Fair Value Of Globe Textiles (India) Limited (NSE:GLOBE)

Today we will run through one way of estimating the intrinsic value of Globe Textiles (India) Limited ( NSE:GLOBE ) by...
Analysis Article • Mar 16

Is Globe Textiles (India) Limited's (NSE:GLOBE) 7.7% ROE Better Than Average?

One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...

CEO Compensation Analysis

How has Bhavin Parikh's remuneration changed compared to Globe Enterprises (India)'s earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

₹91m

Dec 31 2025n/an/a

₹88m

Sep 30 2025n/an/a

₹93m

Jun 30 2025n/an/a

₹84m

Mar 31 2025₹4mn/a

₹95m

Dec 31 2024n/an/a

₹88m

Sep 30 2024n/an/a

₹81m

Jun 30 2024n/an/a

₹63m

Mar 31 2024₹4mn/a

₹89m

Dec 31 2023n/an/a

₹52m

Sep 30 2023n/an/a

₹40m

Jun 30 2023n/an/a

₹44m

Mar 31 2023₹3mn/a

₹45m

Dec 31 2022n/an/a

₹61m

Sep 30 2022n/an/a

₹70m

Jun 30 2022n/an/a

₹63m

Mar 31 2022n/an/a

₹51m

Dec 31 2021n/an/a

₹36m

Sep 30 2021n/an/a

₹36m

Jun 30 2021n/an/a

₹18m

Mar 31 2021₹485kn/a

₹3m

Dec 31 2020n/an/a

₹30m

Sep 30 2020n/an/a

-₹10m

Jun 30 2020n/an/a

₹25m

Mar 31 2020₹3m₹3m

₹31m

Compensation vs Market: Bhavin's total compensation ($USD37.83K) is about average for companies of similar size in the Indian market ($USD41.80K).

Compensation vs Earnings: Bhavin's compensation has been consistent with company performance over the past year.

CEO

Bhavin Parikh (48 yo)

9.3yrs
Tenure
₹3,570,000
Compensation

Mr. Bhavin Suryakantbhai Parikh has been the Chief Executive Officer and Chief Financial Officer of Globe Enterprises (India) Limited (formerly known as Globe Textiles (India) Limited) since March 22, 2017...

Leadership Team

NamePositionTenureCompensationOwnership
Bhavin Parikh
CEO & CFO9.3yrs₹3.57m7.14%
₹ 73.3m
Monali Maheshwari
Company Secretary & Compliance Officer1.6yrs₹324.00kno data
Nilaybhai Vora
Whole Time Director18.3yrs₹1.08m2.67%
₹ 27.4m
9.3yrs
Average Tenure

Experienced Management: GLOBE's management team is seasoned and experienced (9.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Nilaybhai Vora
Whole Time Director18.3yrs₹1.08m2.67%
₹ 27.4m
Bharat Bhavsar
Non-Executive Independent Directorless than a yearno datano data
Purvi Parikh
Non-Executive Non Independent Woman Director9.3yrsno datano data
Bhavik Parikh
Chairman & MD14.2yrs₹4.77m12.22%
₹ 125.5m
Bharat Patel
Non-Executive Independent Director9.1yrsno datano data
RajatKumar Patel
Non-Executive Independent Director5.3yrsno datano data
9.2yrs
Average Tenure
51yo
Average Age

Experienced Board: GLOBE's board of directors are considered experienced (9.2 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/21 22:39
End of Day Share Price 2026/06/19 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Globe Enterprises (India) Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.