Globe Textiles (India) Limited

NSEI:GLOBE Stock Report

Market Cap: ₹1.3b

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 7.75 years. directly owns 26.1% of the company’s shares, worth ₹345.62M. The average tenure of the management team and the board of directors is 7.8 years and 7.8 years respectively.

Key information

Bhavin Parikh

Chief executive officer

₹3.6m

Total compensation

CEO salary percentagen/a
CEO tenure7.8yrs
CEO ownership26.1%
Management average tenure7.8yrs
Board average tenure7.8yrs

Recent management updates

Recent updates

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

Oct 27
Investors Could Be Concerned With Globe Textiles (India)'s (NSE:GLOBE) Returns On Capital

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

Sep 25
Globe Textiles (India) Limited (NSE:GLOBE) Surges 29% Yet Its Low P/E Is No Reason For Excitement

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

Sep 11
With EPS Growth And More, Globe Textiles (India) (NSE:GLOBE) Makes An Interesting Case

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

Jul 05
Here's What's Concerning About Globe Textiles (India)'s (NSE:GLOBE) Returns On Capital

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

Jun 07
Globe Textiles (India) Limited's (NSE:GLOBE) Price Is Right But Growth Is Lacking

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
Sep 30 2024n/an/a

₹81m

Jun 30 2024n/an/a

₹63m

Mar 31 2024₹4mn/a

₹58m

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

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: Bhavin's total compensation ($USD42.41K) is about average for companies of similar size in the Indian market ($USD42.37K).

Compensation vs Earnings: Bhavin's compensation has increased by more than 20% in the past year.

CEO

Bhavin Parikh (46 yo)

7.8yrs

Tenure

₹3,610,000

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
Bhavin Parikh
CEO & CFO7.8yrs₹3.61m26.1%
₹ 345.6m
Nilaybhai Vora
Whole Time Director16.8yrs₹1.11m4%
₹ 53.0m
Monali Maheshwari
Company Secretary & Compliance Officerless than a yearno datano data

7.8yrs

Average Tenure

Experienced Management: GLOBE's management team is seasoned and experienced (7.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Nilaybhai Vora
Whole Time Director16.8yrs₹1.11m4%
₹ 53.0m
Purvi Parikh
Non-Executive Non Independent Woman Director7.8yrsno datano data
Bhavik Parikh
Chairman & MD12.7yrs₹4.81m11.29%
₹ 149.5m
Yogesh Vaidya
Non-Executive Independent Director7.8yrsno datano data
Bharat Patel
Non-Executive Independent Director7.6yrsno datano data
RajatKumar Patel
Non-Executive Independent Director3.8yrsno datano data

7.8yrs

Average Tenure

46yo

Average Age

Experienced Board: GLOBE's board of directors are considered experienced (7.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 20:16
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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 here.

Analysis Model and Snowflake

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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 .

Analyst Sources

Globe Textiles (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.

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