Integrated Filing (Financial) for the quarter and year ended on March 31, 2025
GLOBE · price
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Globe Textiles (India) Limited submitted its audited standalone and consolidated financial results for Q4 and FY25, with the statutory auditor (Dharmesh Parikh & Co LLP) issuing an unmodified (clean) opinion. Standalone revenue from operations grew about 22% to Rs. 52,553.49 lakhs (FY24: Rs. 43,100.39 lakhs), while profit after tax rose roughly 19% to Rs. 683.69 lakhs (FY24: Rs. 575.11 lakhs), giving basic EPS of Rs. 0.21 vs Rs. 0.18. During the year, the company raised Rs. 450.42 lakhs via a Rights Issue (1:2 ratio at Rs. 3 per share, allotted Feb 13, 2025) and acquired the remaining 30% in subsidiary Globe Denwash, making it wholly-owned. It also booked Rs. 10.86 lakhs as an exceptional gain from an insurance claim for cyclone damage at its fabric processing unit. Operating cash flow, however, remained negative at Rs. (1,652.47) lakhs, and debt-equity rose to 0.89 from 0.78.
Strong top-line growth and a clean audit opinion are positives, but continued negative operating cash flow and rising leverage (debt-equity up to 0.89) indicate working-capital and funding pressures that investors should track closely. The Rights Issue and subsidiary consolidation strengthen the group's structure but also dilute existing shareholders.