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Globale Tessile Limited (GLOBALE)

₹11.05 -4.33% last close, 16 Oct

📊 NSE: GLOBALE 🏢 Textiles - Products 📢 Latest filing: 08 Oct 2026 📝 Analysis written: 13 Dec 2025

Latest quarterly results (Q1 FY27)

In its latest reported quarter, Q1 FY27, Globale Tessile's revenue was ₹11.2 Cr (+978.8% year on year, +39.2% on the previous quarter), and net profit ₹-0.1 Cr (a smaller loss than a year earlier); the operating margin was -0.6%.

Q1 FY27 (₹ Cr)	Value	YoY vs Q1 FY26	QoQ
Revenue	₹11.2	+978.8%	+39.2%
Operating profit	₹-0.1	loss narrowed	loss narrowed
Net profit	₹-0.1	loss narrowed	loss narrowed
EPS (₹)	-0.12	loss narrowed	loss narrowed
Operating margin	-0.6%	—	—

Full quarterly financials → Results calendar →

GLOBALE delivery percentage

NSE end-of-day data for Fri, 16 Oct 2026

On Fri, 16 Oct 2026, 58.67% of the GLOBALE shares traded on NSE were taken to delivery, against the stock's own 20-session average of 76.19%. That is close to its usual level. Turnover was under ₹1 lakh, so a handful of trades can move this figure. Volume was 0.5 times its average, well below normal. It closed at a price band (circuit) on 6 sessions in about the last 20.

58.67%Delivery, 16 Oct

76.19%Own 20-session average

0.5×Volume vs its average

₹11.05NSE close · -4.33%

Delivery in the last 5 sessions: 65.2% · 62.2% · 98.5% · 98.6% · 58.7%

Delivery across the market →Circuit stocks →

A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed

📢 Recent Corporate Announcements

Globale Tessile Submits Demat Compliance Certificate for Q2 FY27

🟡 NEUTRAL ⭐ 1/10

ROUTINE 📅 08 Oct 2026, 11:36 AM

Globale Tessile Limited has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The certificate covers the second quarter ended September 30, 2026. Issued by Registrar and Share Transfer Agent MUFG Intime India Private Limited on October 03, 2026, it confirms that securities received for dematerialisation during the period were processed and listed appropriately. This is a standard quarterly administrative filing with no impact on business operations or financials.

Compliance certificate filed under Regulation 74(5) of SEBI Depositories and Participants Regulations
Pertains to the 2nd quarter ended September 30, 2026
Certificate issued by RTA MUFG Intime India Private Limited dated October 03, 2026
Filing submitted to stock exchanges on October 08, 2026

💡 No investor action required. Track upcoming Q2 FY27 financial results for operational updates.

Globale Tessile Shareholders Approve All 3 Resolutions at 9th AGM with 100% Remote E-Votes

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 01 Oct 2026, 03:59 PM

Globale Tessile Limited released its Scrutinizer's Report for the 9th Annual General Meeting held on September 30, 2026. A total of 65 members representing 6,851,559 shares (64.51% of total paid-up share capital) cast votes. All three ordinary resolutions—adopting FY26 audited accounts, re-appointing director Anand J. Parekh, and appointing M/s Rohit Periwal & Associates as Secretarial Auditor—were passed with requisite majorities (over 99.99% votes in favor).

All 3 ordinary resolutions passed with requisite majority at the 9th AGM on September 30, 2026
65 members voted representing 6,851,559 shares, or 64.51% of total paid-up capital
Remote e-voting saw 6,851,549 votes in favor (100.00%) and 10 votes against across all three items
M/s. Rohit Periwal & Associates appointed as the Secretarial Auditor of the company

💡 Track the upcoming Q2 FY27 financial results to monitor operational recovery, given negative TTM margins (-4.9% OPM) and TTM net loss of Rs 1 Cr.

Globale Tessile Schedules 9th AGM for September 30, 2026

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 06 Sep 2026, 12:50 PM

Globale Tessile Limited has issued notice for its 9th Annual General Meeting (AGM), scheduled to take place on September 30, 2026, via Video Conferencing / Other Audio Visual Means. Key agenda items include the adoption of audited financial statements for the financial year ended March 31, 2026, and the re-appointment of Director Anand Jeetmal Parekh, who retires by rotation. Additionally, the company proposes the appointment of M/s. Rohit Periwal & Associates as Secretarial Auditors for a 3-year term spanning FY 2026-27 to FY 2028-29. The register of members and transfer books will remain closed from September 24, 2026, to September 30, 2026.

9th AGM scheduled for September 30, 2026, at 11:30 a.m. via Video Conferencing.
Book closure period set from September 24, 2026, to September 30, 2026 (both days inclusive).
Proposal to appoint M/s. Rohit Periwal & Associates as Secretarial Auditors for 3 consecutive years (FY27 to FY29).
Adoption of audited financial statements for FY ended March 31, 2026, and director re-appointment on the agenda.

💡 Track shareholder voting results following the September 30, 2026 AGM, and monitor upcoming quarterly operational and financial recovery given recent negative operating margins.

Globale Tessile Sets AGM for Sep 30, 2026; Book Closure from Sep 24 to Sep 30

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 05 Sep 2026, 05:47 PM

Globale Tessile Limited has announced the closure of its Register of Members and Share Transfer Books from September 24, 2026 to September 30, 2026 (both days inclusive). This book closure is conducted for the purpose of the company's 9th Annual General Meeting (AGM), scheduled for September 30, 2026. The exchange brief identifies the record date as September 23, 2026. This is a standard regulatory filing pursuant to Regulation 42 of SEBI LODR Regulations, 2015.

9th Annual General Meeting scheduled for Wednesday, September 30, 2026
Share transfer books closed from September 24, 2026 to September 30, 2026
Record date set as September 23, 2026 pursuant to Regulation 42 of SEBI LODR

💡 Track the upcoming AGM proceedings and disclosures on September 30, 2026, for management commentary on operational turnaround and profitability.

Globale Tessile Q1 Revenue Jumps to •11.22 Cr; Net Loss Narrows to •0.12 Cr

🟢 POSITIVE ⭐ 7/10

EARNINGS 📅 13 Aug 2026, 06:54 PM

Globale Tessile Limited reported a significant recovery in revenue for Q1 FY27, reaching •11.22 Cr compared to just •1.04 Cr in the same quarter last year. While the company remains in the red, the net loss narrowed to •0.12 Cr from •0.36 Cr YoY. The revenue for this single quarter is nearly equal to the company's total market capitalization of •11 Cr, indicating a major scale-up in activity. However, high material costs of •8.92 Cr continue to pressure margins, keeping the bottom line negative.

Revenue from operations surged 977% YoY to •11.22 Cr from •1.04 Cr in Q1 FY26.
Net loss narrowed significantly to •0.12 Cr from a loss of •0.36 Cr in the year-ago period.
Cost of materials and trading purchases stood at •8.92 Cr, accounting for 79.5% of total revenue.
Finance costs remained relatively flat at •0.26 Cr compared to •0.25 Cr in the previous year's first quarter.
Total expenditure for the quarter was •11.54 Cr, exceeding total revenue of •11.38 Cr.

💡 Investors should monitor if the company can maintain this higher revenue run rate and manage its high material costs to achieve operational break-even in the next 2-3 quarters.

Globale Tessile Appoints Rohit Periwal & Associates as Secretarial Auditor for 3-Year Term

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 28 Jul 2026, 07:06 PM

Globale Tessile Limited has appointed M/s. Rohit Periwal & Associates as its Secretarial Auditor for a three-year period spanning FY 2026-27 to FY 2028-29. The appointment was approved by the Board on July 28, 2026, following a recommendation from the Audit Committee, and remains subject to shareholder approval at the upcoming AGM. This is a routine governance move for the micro-cap company, which currently has a market capitalization of Rs 12 Cr and reported a TTM loss of Rs 1 Cr.

Appointment of M/s. Rohit Periwal & Associates for a 3-year term starting FY 2026-27.
The Board meeting for the approval commenced at 06:00 P.M. and concluded at 06:30 P.M. on July 28, 2026.
The appointed firm is a Peer Reviewed Firm of Company Secretaries with registration number S2019GJ677700.
The company reported TTM revenue of Rs 14 Cr against a debt of Rs 10 Cr, highlighting the need for strict regulatory oversight.

💡 Investors should look for the Secretarial Audit Report in the upcoming Annual Reports to ensure there are no material compliance lapses, especially given the company's recent financial stress.

Resignation of Secretarial Auditor M/s. Malay Desai & Associates

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 27 Jul 2026, 06:35 PM

Globale Tessile Limited has informed the exchanges that its Secretarial Auditor, M/s. Malay Desai & Associates, resigned effective July 27, 2026. The auditor cited 'pre-occupation with other assignments' and 'personal career goals' as the primary reasons for the cessation. This administrative change comes at a time when the company is facing financial headwinds, reporting a TTM loss of Rs 1 Cr and a Debt-to-Equity ratio of 1.08. The company has not yet named a replacement for the secretarial audit function.

Resignation of M/s. Malay Desai & Associates effective July 27, 2026
Company reported a TTM net loss of Rs 1 Cr as of March 2026
Debt-to-Equity ratio stands at 1.08 with total debt of Rs 10 Cr
Market capitalization remains low at approximately Rs 12 Cr
Operating profit margin for TTM is negative at -10.2%

💡 Monitor the company's next filing for the appointment of a new Secretarial Auditor and review the upcoming Annual Secretarial Compliance Report for any potential governance observations.

Globale Tessile Submits Routine Q1 FY27 Share Dematerialization Certificate

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 06 Jul 2026, 03:58 PM

Globale Tessile Limited has filed its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, for the period ended June 30, 2026. The document, issued by Registrar MUFG Intime India Private Limited, confirms that physical share certificates received for dematerialization were processed and cancelled according to regulatory timelines. This is a standard administrative filing with no impact on the company's financial performance or business strategy. Investors should note the company remains in a loss-making position with a TTM PAT of Rs -1 Cr.

Compliance certificate issued for the 1st Quarter ended June 30, 2026
Registrar MUFG Intime India Private Limited (formerly Link Intime) confirmed processing on July 01, 2026
Confirmation that dematerialized securities are listed on the relevant stock exchanges
Company reported TTM Revenue of Rs 14 Cr against a Net Worth of Rs 10 Cr

💡 This is a routine procedural filing. Investors should monitor the upcoming Q1 FY27 earnings report to see if the company can reverse its recent trend of operating losses (OPM of -10.2%).

Globale Tessile Appoints CS Kinnari Gosaliya as Company Secretary and Compliance Officer

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 30 Jun 2026, 06:04 PM

Globale Tessile Limited has appointed CS Kinnari Gosaliya as its Company Secretary and Compliance Officer (Key Managerial Person) effective June 30, 2026. This appointment fulfills mandatory regulatory requirements under Section 203 of the Companies Act, 2013. The company is currently navigating a difficult financial period, with TTM revenue of Rs 14 Cr and a net loss of Rs 1 Cr. The new appointment comes at a time when the company is reporting negative operating margins of -10.2% and managing a debt of Rs 10 Cr.

Appointment of CS Kinnari Gosaliya (Membership No. A79793) effective from June 30, 2026
Company reported a TTM revenue of Rs 14 Cr against a debt of Rs 10 Cr
Operating profit margins (OPM) are currently negative at -10.2%
Net worth stands at Rs 10 Cr, resulting in a Debt-to-Equity ratio of 1.08

💡 Investors should focus on the company's ability to improve its operating margins and revenue, which fell from Rs 18.74 Cr in June 2024 to Rs 8.06 Cr in March 2026, rather than this routine administrative change.

Globale Tessile Announces Trading Window Closure from July 1, 2026 for Q1 FY27 Results

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 27 Jun 2026, 02:52 PM

Globale Tessile Limited has announced the closure of its trading window for designated persons starting July 1, 2026. This action is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, ahead of the Q1 FY27 financial results for the period ending June 30, 2026. The window will remain closed until 48 hours after the results are declared. The company currently reports a TTM revenue of Rs 14 Cr and a negative operating margin of -10.2%.

Trading window closure begins on July 1, 2026
Closure is for the Q1 financial results ending June 30, 2026
Window re-opens 48 hours after the board meeting results are disclosed
TTM revenue stands at Rs 14 Cr with a net loss of Rs 1 Cr

💡 Investors should watch for the upcoming board meeting date announcement to assess if the company can improve upon its recent negative operating margins.

Globale Tessile Announces Resignation of Company Secretary Palak Bhavsar

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 01 Jun 2026, 06:23 PM

Globale Tessile Limited has announced the resignation of Mrs. Palak Bhavsar from her role as Company Secretary and Compliance Officer, effective June 15, 2026. Mrs. Bhavsar, who is a Key Managerial Personnel (KMP), cited the pursuit of better professional opportunities as the reason for her departure. The company received her formal resignation on June 01, 2026, and is now tasked with finding a replacement to manage its regulatory and compliance functions. This transition is expected to be handled through a formal handover process to ensure continuity in governance.

Mrs. Palak Bhavsar resigned as Company Secretary and Compliance Officer effective June 15, 2026.
The resignation was officially tendered on June 01, 2026, citing career advancement.
The outgoing official is classified as a Key Managerial Personnel (KMP) under SEBI Listing Regulations.
The company must appoint a successor within statutory timelines to maintain compliance standards.

💡 This is a routine management change; investors should monitor the company's subsequent announcement regarding the appointment of a new Compliance Officer to ensure seamless corporate governance.

Globale Tessile Re-appoints Internal and Tax Auditors for FY 2026-27

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 26 May 2026, 09:29 PM

Globale Tessile Limited has announced the re-appointment of its internal and tax auditors for the financial year 2026-27. M/s. D. Trivedi & Associates, a firm with over 30 years of experience, will continue as the Internal Auditor. M/s. Bhanwar Jain & Co., which has been in practice since 1998, has been re-appointed as the Tax Auditor. These decisions were approved during the Board of Directors meeting held on May 26, 2026.

Re-appointment of M/s. D. Trivedi & Associates as Internal Auditor for FY 2026-27
Re-appointment of M/s. Bhanwar Jain & Co. as Tax Auditor for FY 2026-27
Internal Auditor firm M/s. D. Trivedi & Associates brings over 30 years of experience
Tax Auditor firm M/s. Bhanwar Jain & Co. has been in practice since 1998

💡 This is a routine administrative update regarding corporate governance and compliance. No immediate action is required from investors as it does not impact the company's fundamentals.

Globale Tessile FY26 Revenue Drops 70% to ₹14.44 Cr; Net Loss Widens to ₹1.40 Cr

🔴 NEGATIVE ⭐ 8/10

EARNINGS 📅 26 May 2026, 09:24 PM

Globale Tessile Limited reported a challenging fiscal year 2026, with annual revenue from operations plummeting to ₹14.44 crore from ₹49.08 crore in the previous year. The company's net loss nearly doubled, widening to ₹1.40 crore for FY26 compared to a loss of ₹0.77 crore in FY25. Although Q4 FY26 revenue showed a recovery at ₹5.06 crore compared to a very low base in Q4 FY25, the overall trend remains negative with deteriorating EPS. The balance sheet indicates rising inventory levels, which now stand at ₹10.82 crore.

Annual revenue from operations fell by 70.6% year-on-year to ₹14.44 crore in FY26.
Net loss for the full year widened to ₹1.40 crore from a loss of ₹0.77 crore in FY25.
Q4 FY26 revenue stood at ₹5.06 crore, showing improvement over the ₹0.58 crore reported in Q4 FY25.
Earnings Per Share (EPS) for the year deteriorated to -₹1.32 from -₹0.72 in the previous fiscal.
Total inventory increased to ₹10.82 crore as of March 31, 2026, compared to ₹9.10 crore in the previous year.

💡 Investors should exercise caution due to the sharp decline in annual business volume and widening losses. The significant increase in inventory relative to falling sales suggests potential working capital stress or demand issues.

Globale Tessile Confirms Non-Large Corporate Status for FY 2025-26

🟡 NEUTRAL ⭐ 3/10

REGULATORY 📅 15 May 2026, 07:23 PM

Globale Tessile Limited has informed the stock exchanges that it does not meet the criteria to be classified as a 'Large Corporate' under SEBI guidelines for the financial year 2025-26. Consequently, the company is not required to fulfill mandatory borrowing requirements through debt securities. The filing includes the annual disclosure for the block period of 2025-26 and 2026-27, showing no incremental borrowing obligations. This is a routine regulatory compliance matter with no direct impact on the company's financial health or operations.

Confirmed non-applicability of Large Corporate framework for FY 2025-26.
Mandatory borrowing through debt securities for the period is 'Not Applicable'.
Reported zero fine or penalty for the previous block period regarding debt borrowing.
The disclosure was made in compliance with SEBI circulars dated November 2018 and October 2023.

💡 No action is required as this is a routine regulatory filing. Investors should continue to monitor the company's quarterly financial results for operational performance.

Globale Tessile Appoints Jitendra Kumar Bhati as CFO Effective April 8, 2026

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 08 Apr 2026, 06:44 PM

Globale Tessile Limited has appointed Mr. Jitendra Kumar Bhati as its Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) effective April 8, 2026. Mr. Bhati is a qualified Chartered Accountant with over 2.5 years of experience in finance, auditing, and taxation. The appointment was approved by the Board of Directors following the recommendation of the Nomination and Remuneration Committee. This move ensures the company maintains its regulatory compliance and financial leadership structure.

Appointment of Mr. Jitendra Kumar Bhati as CFO and KMP effective from April 8, 2026.
Mr. Bhati is an Associate Member of the Institute of Chartered Accountants of India (ICAI).
The appointee brings over 2.5 years of experience in finance, accounts, auditing, and taxation.
The Board meeting for the appointment approval concluded at 06:10 P.M. on April 8, 2026.

💡 Investors should monitor the company's upcoming financial disclosures to ensure a smooth transition in financial leadership. Given the CFO's relatively short professional experience of 2.5 years, watch for any changes in the quality of financial reporting.

View All GLOBALE Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

The Traditional Textiles processing division is the primary segment. Revenue from operations for H1 FY26 stood at INR 3.79 Cr, a significant decline compared to the full year FY25 revenue of INR 49.08 Cr. Q2 FY26 revenue was INR 2.71 Cr, representing a 160.6% increase over Q1 FY26 revenue of INR 1.04 Cr.

Geographic Revenue Split

Not disclosed in available documents; however, the company notes sensitivity to global market volatility and US tariffs, suggesting international exposure.

Profitability Margins

Net Profit Margin for FY25 was -1.55%, a decline of 268.48% from 0.92% in FY24. Operating Profit Margin for FY25 was -0.31%, down 111.40% from 2.72% in FY24. The company reported a net loss of INR 0.62 Cr for H1 FY26.

EBITDA Margin

Operating Profit Margin was -0.31% in FY25. Core profitability was negatively impacted by a significant increase in the cost of raw materials, coal, power-fuel, and logistics, leading to a plunge in the textile processing division's performance.

Capital Expenditure

The company is planning new investments for upgrading and modernizing R&D facilities to improve competitiveness, though specific INR Cr values for these planned outlays are not disclosed.

Credit Rating & Borrowing

Interest Coverage Ratio declined by 85.08% to 0.17 times in FY25 from 1.14 times in FY24. Debt Equity Ratio improved by 46.73% to 1.14 times in FY25 from 2.14 times in FY24. Interest paid in H1 FY26 was INR 0.47 Cr.

⚙️ Operational Drivers

Raw Materials

Key raw materials include textile inputs, coal, and power-fuel. Specific percentage of total cost for each is not disclosed, but they are cited as the primary drivers for the performance plunge in the textile processing division.

Import Sources

Not specifically disclosed, but the company mentions sensitivity to global supply conditions and trade route disruptions (Russia-Ukraine conflict).

Key Suppliers

Not specifically named, but the company highlighted a major fire incident at its 'primary vendor’s facility' which significantly disrupted operations and market sentiment.

Capacity Expansion

Current installed capacity is not disclosed in units. Expansion is focused on 'upgrading and modernizing' R&D facilities rather than specific volume-based capacity additions.

Raw Material Costs

Raw material costs for H1 FY26 were INR 2.02 Cr, representing 53.3% of total revenue. In FY25, these costs were INR 34.18 Cr. Costs have increased due to global volatility and supply chain hurdles.

Manufacturing Efficiency

Not specifically disclosed in percentage terms, but the company noted a 'plunge' in processing division performance due to rising input and logistics costs.

Logistics & Distribution

Logistics costs are cited as a major factor in the performance decline, though not broken out as a specific percentage of revenue.

📈 Strategic Growth

Growth Strategy

Growth is targeted through the modernization of R&D facilities to enhance product quality and process efficiency. The company also focuses on maintaining 'cordial and harmonious' industrial relations to ensure operational continuity.

Products & Services

Traditional textile processing services and finished textile products.

Brand Portfolio

Globale Tessile.

Market Expansion

Not specifically disclosed, though the company monitors global business environments for strategic updates.

Strategic Alliances

The company confirmed it has no subsidiaries, associates, or joint ventures as of September 30, 2025.

🌍 External Factors

Industry Trends

The textile industry is settling into a 'low-growth pattern' globally. The industry is shifting toward modernizing R&D to combat rising input costs and structural limitations like climate change and demographic shifts.

Competitive Landscape

The market is characterized by intermittent volatility and 'stretched valuations' in many segments, with competition affected by global supply/demand for finished goods.

Competitive Moat

The company relies on its 'Traditional Textiles processing' expertise. However, the lack of proprietary brand strength or cost leadership is evident in the recent margin compression (-0.31% operating margin).

Macro Economic Sensitivity

Highly sensitive to global GDP growth (forecasted at 2.7-2.8% for 2025/26) and inflation. High US tariffs are expected to increase inflation and slow growth in the company's operating environment.

Consumer Behavior

A 'cost-of-living crisis' and elevated uncertainty in export destinations are weakening consumer sentiment, potentially reducing business volumes.

Geopolitical Risks

The Russia-Ukraine conflict and trade route disruptions are cited as factors increasing shipping and insurance costs and weakening consumer sentiment in export destinations.

⚖️ Regulatory & Governance

Industry Regulations

Operations are influenced by government regulations, environmental norms, and listing requirements under SEBI (LODR) Regulations, 2015.

Environmental Compliance

The company notes that compliance with environmental norms and regulations is a 'matter of concern' and a potential risk to operations.

Taxation Policy Impact

Tax expenses for H1 FY26 included a deferred tax credit of INR 0.15 Cr. The company is subject to changes in government regulations and tax laws.

Legal Contingencies

The company identifies 'litigation' as an important factor that could influence operations, but no specific pending court cases or case values in INR are disclosed.

⚠️ Risk Analysis

Key Uncertainties

Primary risks include fire hazards (as evidenced by the vendor incident), geopolitical instability, and volatility in raw material prices (coal/fuel), which could cause production cuts or project delays.

Geographic Concentration Risk

Not specifically disclosed, but the company is headquartered in Ahmedabad, Gujarat, and listed on BSE/NSE.

Third Party Dependencies

High dependency on a 'primary vendor' whose facility fire significantly impacted the company's FY25 performance.

Technology Obsolescence Risk

The company is addressing technology risks by investing in the modernization of R&D facilities.

Credit & Counterparty Risk

Trade receivables increased to INR 5.51 Cr as of September 30, 2025, from INR 2.28 Cr as of March 31, 2025, indicating a potential stretch in the credit cycle.