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Last Updated on: 22 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Globe International Carriers Ltd

About the Company - Globe International Carriers Ltd

Globe International Carriers Ltd. is a Public Limited Listed company incorporated on 30/03/2010 and has its registered office in the State of Rajasthan, India. Company’s Corporate Identification Number(CIN) is L60232RJ2010PLC031380 and registration number is 031380. Currently company belongs to the Industry of Transport - Road. Company’s Total Operating Revenue is Rs. 107.70 Cr. and Equity Capital is Rs. 10.05 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Transport - Road301-306, Prakash Deep Complex, Jaipur Rajasthan 302006info@gicl.co
http://www.gicl.co
Management
NamePosition Held
Mr. Subhash AgrawalChairman & Managing Director
Mrs. Surekha AgarwalWhole Time Director
Mr. Subham AgrawalNon Executive Director
Mr. Rajendra Kumar AgrawalIndependent Director
Mr. Anil Kumar GargIndependent Director
Mr. Suneel Sayarmal MohnotIndependent Director

Globe International Carriers Ltd. Share Price Update

Share PriceValue
Today₹62.20
Previous Day₹65.45

Basic Stock Data of Globe International Carriers Ltd

Market Cap 164 Cr.
Current Price 65.8
High / Low77.7/34.6
Stock P/E54.6
Book Value 11.4
Dividend Yield0.38 %
ROCE10.3 %
ROE7.04 %
Face Value 10.0

Data Source: screener.in

Globe International Carriers Ltd Quarterly Results

MonthSep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023
Sales454335453969516363
Expenses434134433766496060
Operating Profit212222233
OPM %3%3%5%4%4%3%4%5%5%
Other Income000000000
Interest111111111
Depreciation000000000
Profit before tax001111122
Tax %64%33%27%26%28%29%28%27%27%
Net Profit000001022
EPS in Rs0.050.100.190.170.180.400.170.600.60

Globe International Carriers Ltd Quarterly Chart

Globe International Carriers Ltd Profit & Loss

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales1151168880108114126
Expenses1111128577104109120
Operating Profit4433456
OPM %4%4%3%4%4%4%5%
Other Income0000000
Interest2222222
Depreciation0000000
Profit before tax2211234
Tax %33%29%46%26%28%27%
Net Profit1201123
EPS in Rs0.490.640.160.360.580.771.20
Dividend Payout %0%0%0%0%0%26%

Globe International Carriers Ltd Profit & Loss Yearly Chart

Globe International Carriers Ltd Growth

Compounded Sales Growth
10 Years:%
5 Years:0%
3 Years:9%
TTM:6%
Compounded Profit Growth
10 Years:%
5 Years:9%
3 Years:70%
TTM:111%
Stock Price CAGR
10 Years:%
5 Years:49%
3 Years:108%
1 Year:77%
Return on Equity
10 Years:%
5 Years:5%
3 Years:6%
Last Year:7%

Globe International Carriers Ltd Balance Sheet

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital88810102010
Reserves141616151688
Borrowings20212018202017
Other Liabilities5545171216
Total Liabilities46504848646061
Fixed Assets1121111
CWIP0100000
Investments0000000
Other Assets45484647625960
Total Assets46504848646061

Globe International Carriers Ltd Reserves and Borrowings Chart

Globe International Carriers Ltd Cash Flow

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 5700-11
Cash from Investing Activity -2-42-232
Cash from Financing Activity -2-1-21-1-4
Net Cash Flow12-000-1

Globe International Carriers Ltd Financial Efficiency Indicators

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days121123155165183140
Inventory Days
Days Payable
Cash Conversion Cycle121123155165183140
Working Capital Days111111148142125129
ROCE %10%6%7%8%10%

Globe International Carriers Ltd Financial Efficiency Indicators Chart

Globe International Carriers Ltd Share Holding Pattern

MonthSep 2018Mar 2019Sep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Nov 2022Mar 2023Sep 2023
Promoters74.17%74.17%74.17%74.17%74.17%74.17%74.17%74.17%74.18%74.18%70.79%70.79%
Public25.82%25.82%25.83%25.82%25.81%25.82%25.82%25.82%25.82%25.82%29.21%29.21%
No. of Shareholders115116116115117118114123106123148188

Globe International Carriers Ltd Shareholding Pattern Chart

No. of Globe International Carriers Ltd Shareholders

This stock is not held by any mutual fund

Globe International Carriers Ltd ROCE Trend

Globe International Carriers Ltd EPS Trend

Globe International Carriers Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)0.961.430.900.492.01
Diluted EPS (Rs.)0.961.430.900.492.01
Cash EPS (Rs.)1.101.701.170.892.29
Book Value[Excl.RevalReserv]/Share (Rs.)14.0626.2024.7729.8429.35
Book Value[Incl.RevalReserv]/Share (Rs.)14.0626.2024.7729.8429.35
Revenue From Operations / Share (Rs.)56.56107.5579.78108.98144.82
PBDIT / Share (Rs.)2.563.983.293.745.71
PBIT / Share (Rs.)2.423.723.023.345.42
PBT / Share (Rs.)1.322.001.210.892.82
Net Profit / Share (Rs.)0.951.430.890.482.00
NP After MI And SOA / Share (Rs.)0.951.430.890.482.00
PBDIT Margin (%)4.533.704.133.433.94
PBIT Margin (%)4.283.453.783.063.74
PBT Margin (%)2.321.851.520.821.94
Net Profit Margin (%)1.691.331.120.441.38
NP After MI And SOA Margin (%)1.691.331.120.441.38
Return on Networth / Equity (%)6.815.463.611.636.83
Return on Capital Employeed (%)15.5312.1210.4710.7717.55
Return On Assets (%)3.212.251.860.813.24
Long Term Debt / Equity (X)0.100.160.150.030.04
Total Debt / Equity (X)0.610.700.680.820.85
Asset Turnover Ratio (%)1.841.931.671.652.01
Current Ratio (X)1.931.732.021.791.72
Quick Ratio (X)1.931.732.021.791.72
Interest Coverage Ratio (X)2.312.311.851.542.17
Interest Coverage Ratio (Post Tax) (X)1.861.831.521.201.76
Enterprise Value (Cr.)98.2538.7135.8934.3637.63
EV / Net Operating Revenue (X)0.860.350.440.390.32
EV / EBITDA (X)19.059.6610.8411.418.20
MarketCap / Net Operating Revenue (X)0.710.190.250.180.16
Price / BV (X)2.880.810.810.670.80
Price / Net Operating Revenue (X)0.710.190.250.180.16
EarningsYield0.020.060.040.020.08

Globe International Carriers Ltd Profitability Ratios (%)

Globe International Carriers Ltd Liquidity Ratios

Globe International Carriers Ltd Liquidity Ratios (%)

Globe International Carriers Ltd Interest Coverage Ratios (%)

Globe International Carriers Ltd Valuation Ratios

Fair Value of Globe International Carriers Ltd Stock

Fair Value: ₹43.99

The stock is overvalued by 33.15% compared to the current price ₹65.8

*Investments are subject to market risks

Strength and Weakness of Globe International Carriers Ltd Stock

StrengthWeakness
  1. The company has shown consistent growth in sales (106.71 cr) and profit (2.14 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 3.58 and average Dividend Yield of 3.66%.
  2. The stock has a low average ROCE of 6.83%, which may not be favorable.
  3. The stock has a high average Working Capital Days of 127.67, which may not be favorable.
  4. The stock has a high average Cash Conversion Cycle of 147.83, which may not be favorable.
  5. The company has higher borrowings (19.43) compared to reserves (13.29), which may suggest financial risk.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

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 Globe International Carriers 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