Globe Textiles (India) Limited

NSEI:GLOBE Stock Report

Market Cap: ₹529.0m

Globe Textiles (India) Management

Management criteria checks 3/4

Globe Textiles (India)'s CEO is Bhavin Parikh, appointed in Mar 2017, has a tenure of 7.17 years. directly owns 51.85% of the company’s shares, worth ₹274.31M. The average tenure of the management team and the board of directors is 9.6 years and 7.2 years respectively.

Key information

Bhavin Parikh

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure7.2yrs
CEO ownership51.9%
Management average tenure9.6yrs
Board average tenure7.2yrs

Recent management updates

Recent updates

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

Jan 06
Globe Textiles (India) Limited's (NSE:GLOBE) Earnings Are Not Doing Enough For Some Investors

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

Jul 27
Globe Textiles (India) (NSE:GLOBE) Seems To Be Using A Lot Of Debt

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

Jan 23
Is Now The Time To Put Globe Textiles (India) (NSE:GLOBE) On Your Watchlist?

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

Dec 26
These 4 Measures Indicate That Globe Textiles (India) (NSE:GLOBE) Is Using Debt Extensively

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

Dec 02
Globe Textiles (India) (NSE:GLOBE) Knows How To Allocate Capital

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

Aug 04
Should You Be Adding Globe Textiles (India) (NSE:GLOBE) To Your Watchlist Today?

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

Jul 02
We Think Globe Textiles (India) (NSE:GLOBE) Is Taking Some Risk With Its Debt

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

Dec 10
Globe Textiles (India) (NSE:GLOBE) Takes On Some Risk With Its Use Of Debt

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

Jul 04
Is Globe Textiles (India) (NSE:GLOBE) Using Too Much Debt?

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

May 12
Calculating The Fair Value Of Globe Textiles (India) Limited (NSE:GLOBE)

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

Mar 16
Is Globe Textiles (India) Limited's (NSE:GLOBE) 7.7% ROE Better Than Average?

Here's Why Globe Textiles (India) (NSE:GLOBE) Has A Meaningful Debt Burden

Feb 09
Here's Why Globe Textiles (India) (NSE:GLOBE) Has A Meaningful Debt Burden

CEO Compensation Analysis

How has Bhavin Parikh's remuneration changed compared to Globe Textiles (India)'s earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

₹52m

Sep 30 2023n/an/a

₹40m

Jun 30 2023n/an/a

₹44m

Mar 31 2023n/an/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

Dec 31 2019n/an/a

₹21m

Sep 30 2019n/an/a

₹42m

Jun 30 2019n/an/a

₹40m

Mar 31 2019₹4m₹4m

₹37m

Dec 31 2018n/an/a

₹34m

Sep 30 2018n/an/a

₹31m

Jun 30 2018n/an/a

₹32m

Mar 31 2018₹3m₹3m

₹33m

Compensation vs Market: Insufficient data to establish whether Bhavin's total compensation is reasonable compared to companies of similar size in the Indian market.

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

CEO

Bhavin Parikh (45 yo)

7.2yrs

Tenure

₹485,000

Compensation

Mr. Bhavin Suryakantbhai Parikh has been the Chief Executive Officer and Chief Financial Officer of Globe Textiles (India) Limited since March 22, 2017. Mr. Parikh had been a Non-Executive Non-Independent...

Leadership Team

NamePositionTenureCompensationOwnership
Bhavik Parikh
Chairman & MD12.1yrs₹3.57m22.43%
₹ 118.6m
Nilaybhai Vora
Whole Time Director16.2yrs₹981.00k7.96%
₹ 42.1m
Bhavin Parikh
CEO & CFO7.2yrs₹485.00k51.85%
₹ 274.3m
Faruk Diwan
Company Secretary & Compliance Officer5.2yrs₹476.00kno data

9.6yrs

Average Tenure

45yo

Average Age

Experienced Management: GLOBE's management team is seasoned and experienced (9.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Bhavik Parikh
Chairman & MD12.1yrs₹3.57m22.43%
₹ 118.6m
Nilaybhai Vora
Whole Time Director16.2yrs₹981.00k7.96%
₹ 42.1m
Purvi Parikh
Non-Executive Non Independent Woman Director7.3yrsno datano data
Yogesh Vaidya
Non-Executive Independent Director7.2yrsno datano data
Bharat Patel
Non-Executive Independent Director7yrsno datano data
Rajatkumar Patel
Non-Executive Independent Director3.2yrsno datano data

7.2yrs

Average Tenure

45yo

Average Age

Experienced Board: GLOBE's board of directors are considered experienced (7.2 years average tenure).

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