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Last Updated: April 2, 2026, 4:41 am
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 540654 | NSE: GSTL

Globalspace Technologies Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹42.17Undervalued by 151.01%vs CMP ₹16.80

P/E (232.0) × ROE (1.4%) × BV (₹15.80) × DY (2.00%)

₹14.78Overvalued by 12.02%vs CMP ₹16.80
MoS: -13.7% (Negative)Confidence: 43/100 (Low)Models: 2 Under, 1 Fair, 4 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹23.0231%Under (+37%)
Graham NumberEarnings₹5.3319%Over (-68.3%)
Net Asset ValueAssets₹15.7410%Fair (-6.3%)
EV/EBITDAEnterprise₹15.1113%Over (-10.1%)
Earnings YieldEarnings₹0.8010%Over (-95.2%)
ROCE CapitalReturns₹21.0310%Under (+25.2%)
Revenue MultipleRevenue₹12.498%Over (-25.7%)
Consensus (7 models)₹14.78100%Overvalued
Key Drivers: EPS CAGR -45.4% drags value — could be higher if earnings stabilize. | P/E of 232 makes PE-ROE unreliable — asset/earnings models are better benchmarks.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -45.4%

*Investments are subject to market risks

Investment Snapshot

43
Globalspace Technologies Ltd scores 43/100 (Weak)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health50/100 · Moderate
ROCE 2.1% WeakROE 1.4% WeakD/E 0.18 Low debtInterest Coverage 0.0x RiskyProfitable 3/5 years Mixed
Smart Money50/100 · Moderate
Promoter holding at 55.8% Stable
Earnings Quality30/100 · Weak
OPM contracting (45% → 13%) DecliningWorking capital: 187 days Capital intensive
Quarterly Momentum60/100 · Moderate
Revenue (4Q): +13% YoY Growing
Industry Rank20/100 · Weak
P/E 232.0 vs industry 98.1 Premium to peersROCE 2.1% vs industry 14.9% Below peersROE 1.4% vs industry 21.0% Below peers3Y sales CAGR: 17% Moderate

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 4:41 am

Market Cap 57.9 Cr.
Current Price 16.8
Intrinsic Value₹14.78
High / Low 21.8/13.7
Stock P/E232
Book Value 15.8
Dividend Yield0.00 %
ROCE2.13 %
ROE1.41 %
Face Value 10.0
PEG Ratio-5.11

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Globalspace Technologies Ltd

Competitors

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
Globalspace Technologies Ltd 57.9 Cr. 16.8 21.8/13.7232 15.80.00 %2.13 %1.41 % 10.0
Accedere Ltd 30.5 Cr. 61.7 88.6/38.3305 7.930.00 %3.08 %4.82 % 10.0
Quick Heal Technologies Ltd 779 Cr. 144 417/125135 82.40.00 %0.24 %0.63 % 10.0
Subex Ltd 421 Cr. 7.46 17.3/6.61128 5.730.00 %6.44 %11.3 % 5.00
Avance Technologies Ltd 190 Cr. 0.96 3.15/0.57127 1.930.00 %1.81 %1.40 % 1.00
Industry Average17,316.11 Cr418.4898.13120.780.77%14.90%21.00%6.77

All Competitor Stocks of Globalspace Technologies Ltd

Quarterly Result

MetricDec 2021Mar 2022Jun 2022Sep 2022Jun 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 1.354.522.185.949.504.7010.0311.5712.698.758.7810.0116.64
Expenses 1.420.621.174.538.234.129.6010.5311.227.967.978.8715.07
Operating Profit -0.073.901.011.411.270.580.431.041.470.790.811.141.57
OPM % -5.19%86.28%46.33%23.74%13.37%12.34%4.29%8.99%11.58%9.03%9.23%11.39%9.44%
Other Income 0.000.000.030.040.02-3.91-2.760.020.020.010.010.010.01
Interest 0.561.110.540.570.340.310.310.250.320.210.240.230.19
Depreciation 1.170.461.021.010.740.790.560.530.500.760.430.530.45
Profit before tax -1.802.33-0.52-0.130.21-4.43-3.200.280.67-0.170.150.390.94
Tax % 0.00%5.58%1.92%30.77%0.00%-8.80%-19.69%78.57%0.00%-11.76%-13.33%130.77%61.70%
Net Profit -1.792.20-0.54-0.170.21-4.04-2.570.060.67-0.150.16-0.120.36
EPS in Rs -0.520.64-0.16-0.050.06-1.18-0.750.020.19-0.040.05-0.030.10

Last Updated: March 3, 2026, 9:32 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 27, 2026, 5:55 am

MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2024Mar 2025TTM
Sales 15.3425.9127.0913.2929.0543.0544.18
Expenses 9.0319.2116.796.3924.2539.3339.87
Operating Profit 6.316.7010.306.904.803.724.31
OPM % 41.13%25.86%38.02%51.92%16.52%8.64%9.76%
Other Income 0.170.010.090.05-3.74-2.710.04
Interest 0.840.870.911.541.761.090.87
Depreciation 3.641.482.284.483.112.352.17
Profit before tax 2.004.367.200.93-3.81-2.431.31
Tax % 42.50%31.65%20.97%25.81%-7.35%-17.28%
Net Profit 1.152.975.680.69-3.53-2.000.25
EPS in Rs 0.330.931.650.16-1.03-0.580.08
Dividend Payout % 0.00%0.00%4.05%0.00%0.00%0.00%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2019-20202020-20212021-20222024-2025
YoY Net Profit Growth (%)158.26%91.25%-87.85%43.34%
Change in YoY Net Profit Growth (%)0.00%-67.02%-179.10%131.19%

Globalspace Technologies Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 4 years from 2019-2020 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:%
5 Years:11%
3 Years:48%
TTM:48%
Compounded Profit Growth
10 Years:%
5 Years:-26%
3 Years:10%
TTM:121%
Stock Price CAGR
10 Years:%
5 Years:-17%
3 Years:-9%
1 Year:-22%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:1%

Last Updated: September 5, 2025, 3:36 pm

Balance Sheet

Last Updated: December 4, 2025, 2:57 am

MonthMar 2019Mar 2020Mar 2021Mar 2022Mar 2024Mar 2025Sep 2025
Equity Capital 11.4611.4611.4611.4634.3734.3734.37
Reserves 22.1218.1424.1223.7822.0419.8919.89
Borrowings 4.447.6410.3428.1412.589.698.63
Other Liabilities 3.026.157.664.601.474.516.17
Total Liabilities 41.0443.3953.5867.9870.4668.4669.06
Fixed Assets 10.768.9515.9825.6020.1411.8027.71
CWIP 1.291.960.991.411.9812.160.00
Investments 0.000.000.000.001.011.011.01
Other Assets 28.9932.4836.6140.9747.3343.4940.34
Total Assets 41.0443.3953.5867.9870.4668.4669.06

Reserves and Borrowings Chart

Cash Flow

MonthMar 2019Mar 2020Mar 2021Mar 2022Mar 2024Mar 2025
Cash from Operating Activity + -19.940.617.88-2.35-10.497.89
Cash from Investing Activity + -2.77-3.22-8.25-14.48-3.86-4.19
Cash from Financing Activity + 5.182.332.4314.6414.34-3.42
Net Cash Flow -17.52-0.282.06-2.180.000.28
Free Cash Flow -22.52-2.62-0.46-16.88-14.353.70
CFO/OP -287%40%88%-50%-202%228%

Free Cash Flow

MonthMar 2019Mar 2020Mar 2021Mar 2022Mar 2024Mar 2025
Free Cash Flow1.87-0.94-0.04-21.24-7.78-5.97

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2019Mar 2020Mar 2021Mar 2022Mar 2024Mar 2025
Debtor Days 342.16142.99171.11427.3442.3469.18
Inventory Days 86.76233.52171.562,359.46112.70101.71
Days Payable 231.8643.1353.68655.048.1933.71
Cash Conversion Cycle 197.06333.37288.992,131.76146.85137.19
Working Capital Days 310.27260.47132.18292.77194.50187.12
ROCE %13.86%19.41%4.50%2.13%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 55.31%55.31%55.31%55.88%55.88%55.86%55.84%55.84%55.84%55.84%55.84%55.84%
Public 44.69%44.70%44.69%44.12%44.13%44.15%44.16%44.16%44.16%44.17%44.16%44.15%
No. of Shareholders 4,3614,3134,3815,6627,7098,71810,26111,07610,94310,87410,60710,403

Shareholding Pattern Chart

No. of Shareholders

Globalspace Technologies Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE / ROE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 22Mar 21Mar 20
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) -1.75-1.840.484.942.60
Diluted EPS (Rs.) -1.75-1.840.484.942.60
Cash EPS (Rs.) 0.10-0.124.516.953.89
Book Value[Excl.RevalReserv]/Share (Rs.) 15.7916.4131.0631.2329.26
Book Value[Incl.RevalReserv]/Share (Rs.) 15.7916.4131.0631.2329.26
Revenue From Operations / Share (Rs.) 12.528.4511.6023.6522.62
PBDIT / Share (Rs.) 1.101.436.079.005.86
PBIT / Share (Rs.) 0.410.522.157.004.57
PBT / Share (Rs.) -0.70-1.110.816.283.81
Net Profit / Share (Rs.) -0.58-1.030.604.962.60
NP After MI And SOA / Share (Rs.) -0.58-1.030.484.942.81
PBDIT Margin (%) 8.7516.9152.3038.0525.90
PBIT Margin (%) 3.296.1918.5729.6220.19
PBT Margin (%) -5.63-13.127.0026.5416.82
Net Profit Margin (%) -4.64-12.155.1920.9511.48
NP After MI And SOA Margin (%) -4.64-12.154.1620.8712.40
Return on Networth / Equity (%) -3.68-6.251.5715.899.64
Return on Capital Employeed (%) 2.563.114.9219.7513.83
Return On Assets (%) -2.93-5.010.8110.557.40
Long Term Debt / Equity (X) 0.010.020.380.110.11
Total Debt / Equity (X) 0.170.220.730.260.18
Asset Turnover Ratio (%) 0.620.000.210.550.63
Current Ratio (X) 2.752.221.601.935.03
Quick Ratio (X) 2.341.771.191.463.62
Inventory Turnover Ratio (X) 7.810.000.000.000.00
Dividend Payout Ratio (NP) (%) 0.000.0037.580.000.00
Dividend Payout Ratio (CP) (%) 0.000.004.130.000.00
Earning Retention Ratio (%) 0.000.0062.420.000.00
Cash Earning Retention Ratio (%) 0.000.0095.870.000.00
Interest Coverage Ratio (X) 3.462.804.5212.387.69
Interest Coverage Ratio (Post Tax) (X) 1.701.191.457.824.41
Enterprise Value (Cr.) 68.1776.1284.3476.6363.55
EV / Net Operating Revenue (X) 1.582.626.352.832.45
EV / EBITDA (X) 18.1015.4912.137.439.47
MarketCap / Net Operating Revenue (X) 1.372.194.382.552.21
Retention Ratios (%) 0.000.0062.410.000.00
Price / BV (X) 1.081.131.651.941.72
Price / Net Operating Revenue (X) 1.372.194.382.552.21
EarningsYield -0.03-0.050.010.080.05

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

GlobalSpace Technologies Ltd. is a Public Limited Listed company incorporated on 22/12/2010 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L64201MH2010PLC211219 and registration number is 211219. Currently Company is involved in the business activities of Computer programming activities. Company's Total Operating Revenue is Rs. 29.32 Cr. and Equity Capital is Rs. 34.37 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
IT Consulting & Software605, 6th Floor, Rupa Solitaire Building, New Mumbai Maharashtra 400710Contact not found
Management
NamePosition Held
Mr. Krishna Murari SinghManaging Director
Ms. Beauty Krishnamurari SinghNon Executive Director
Mr. Girish Kasargode MallyaIndependent Director
Ms. Lucky BansalIndependent Director
Mr. Pulkit ChowdharyAddnl. & Ind.Director

FAQ

What is the intrinsic value of Globalspace Technologies Ltd and is it undervalued?

As of 09 April 2026, Globalspace Technologies Ltd's intrinsic value is ₹14.78, which is 12.02% lower than the current market price of ₹16.80, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (1.41 %), book value (₹15.8), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Globalspace Technologies Ltd?

Globalspace Technologies Ltd is trading at ₹16.80 as of 09 April 2026, with a FY2026-2027 high of ₹21.8 and low of ₹13.7. The stock is currently in the middle of its 52-week range. Market cap stands at ₹57.9 Cr..

How does Globalspace Technologies Ltd's P/E ratio compare to its industry?

Globalspace Technologies Ltd has a P/E ratio of 232, which is above the industry average of 98.13. This significantly elevated P/E suggests the market expects strong future growth, or the stock may be overpriced relative to current earnings.

Is Globalspace Technologies Ltd financially healthy?

Key indicators for Globalspace Technologies Ltd: ROCE of 2.13 % is on the lower side compared to the industry average of 14.90%; ROE of 1.41 % is below ideal levels (industry average: 21.00%). Dividend yield is 0.00 %.

Is Globalspace Technologies Ltd profitable and how is the profit trend?

Globalspace Technologies Ltd reported a net profit of ₹-2 Cr in Mar 2025 on revenue of ₹43 Cr. Compared to ₹6 Cr in Mar 2021, the net profit shows a declining trend.

Does Globalspace Technologies Ltd pay dividends?

Globalspace Technologies Ltd has a dividend yield of 0.00 % at the current price of ₹16.80. The company is currently not paying meaningful dividends.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Globalspace Technologies Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE