BSE: 544494
Globtier Infotech limited
Provides IT solutions including application development, managed IT services, and SAP support to enterprise customers in sectors such as BFSI, Retail, Automotive, Manufacturing, Healthcare, Government, and Technology. Operates from Noida and reported FY26 revenue of 75.3593 crore with total assets of 57.2428 crore. The cost structure is people-heavy, with employee costs at 41.4% of revenue and other operating expenses at 49.2%, while material inputs are nil. Capital expenditure stood at 5.6% of revenue. Announced strategic partnerships with AWS, Liferay, and Litmus7 in December 2025, covering cloud consulting and managed services, digital experience platforms targeting UK and European enterprises, and enterprise helpdesk, ITSM, and SAP functional/technical support respectively. Completed an IPO on the BSE SME platform in September 2025, raising 2,744.06 lakhs by issuing 38,11,200 equity shares at Rs. 72 each, with proceeds directed to working capital, loan repayment, issue expenses, and general corporate purposes. The group includes a subsidiary called Botgo Technologies. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Application development and managed IT services, SAP support services, Cloud consulting and managed services, Digital experience platform solutions. Asset-light IT services business with a people-heavy cost base
Exhibit 1: Financial summary, FY26–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY26 |
|---|---|
| Revenue | 75 |
| EBITDA (ex other income) | — |
| margin % | — |
| Owners' profit | — |
| EPS, as reported (₹) | 0.67 |
| ROE % · ROCE % | — · 6.2 |
| Debt / equity (x) | — |
| Cash from operations | (1) |
| Capex | (4) |
Exhibit 2: Quarterly performance, last 2 quarters
| ₹ crore | Q2 FY26 | Q4 FY26 |
|---|---|---|
| Revenue | 42 | 33 |
| Profit before tax | 4 | (3) |
| Net profit | — | — |
| EPS (₹) | 2.63 | 1.65 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| L&T TECHNOLOGY SER. LTD. | 44,149 | 33.4 | 6.80 | 20.4 | 19.7 | 21.1 | 15.1 | 19.6 |
| INVENTURUS KNOWLEDGE SO L | 29,130 | 37.4 | 10.40 | 26.5 | 25.8 | 27.7 | — | 33.6 |
| TATA TECHNOLOGIES LIMITED | 26,718 | 48.0 | 6.81 | 29.0 | 13.9 | 14.3 | — | 18.3 |
| NETWEB TECH INDIA LTD | 24,780 | 94.8 | 34.26 | — | 28.5 | 37.5 | — | 15.7 |
| SAGILITY LIMITED | 21,553 | 21.7 | 2.23 | 12.2 | 9.6 | 11.6 | — | 22.3 |
| AFFLE 3I LIMITED | 19,072 | 39.9 | 5.22 | 26.0 | 12.5 | 15.2 | 39.3 | 25.8 |
| BLACK BOX LIMITED | 14,377 | 61.6 | 11.17 | 28.6 | 16.9 | 9.5 | 6.2 | 8.4 |
| CYIENT LIMITED | 13,177 | 34.6 | 2.14 | 11.9 | 7.5 | 9.7 | 12.0 | 13.0 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 3.8 | 17.5 | 8 of 76 | 91% |
| ROCE | 3.3 | 9.6 | 66 of 86 | 24% |
| Market cap | 25 | 296 | 79 of 87 | 9% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 7 Oct 2026 · Quarterly RTA Confirmation Under SEBI Regulation 74(5) | compliance | minimal | — | — |
| 28 Sept 2026 · Closing of trading window till the 48 hours after the declaration of unaudited financial results for the half year ended 30th September, 2026. | compliance | minimal | — | — |
| 28 Sept 2026 · Globtier Infotech 14th AGM: All 5 resolutions passed | board shareholder meetings | low | — | — |
| 3 Sept 2026 · AGM notice published in newspapers for 24th September 2026 meeting | compliance | minimal | — | — |
| 2 Sept 2026 · Globtier sends physical letters to shareholders for 14th AGM | compliance | minimal | — | — |
| 1 Sept 2026 · Annual Report FY 2025-26 and 14th AGM notice filed with BSE | board shareholder meetings | medium | — | — |
| 1 Sept 2026 · Globtier Infotech 14th AGM on Sept 24, 2026 with director remuneration revisions | board shareholder meetings | low | — | — |
| 1 Sept 2026 · Notice of 14th Annual General Meeting on 24 September 2026 | compliance | minimal | — | — |
| 26 Aug 2026 · Globtier Infotech appoints Ms. Manvi Gulati as CFO effective 26 Aug 2026 | management changes | high | — | — |
| 26 Aug 2026 · Ms. Manvi Gulati appointed as CFO and KMP at Globtier Infotech | management changes | high | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.