Globale Tessile Ltd (GLOBALE) Share Price & Fundamentals

What we do

Globale Tessile Ltd is primarily engaged in trading textile products, operating mainly in traditional textiles with an emphasis on textile trading and allied businesses.

Founded in

2,017

Market share

A notable player in traditional textile trading after restructuring through demerger, expanding shareholder base via equity issuance.

Problem solved

Addresses market demand for quality textiles trading by consolidating traditional textile divisions, ensuring consistent product sourcing and supply chain management.

Top clients or who we serve

Serves textile distributors, retailers, and related trading partners in B2B textile product trading segments.

Key management

Managing Director Shri Jeetmal B. Parekh leads from 2024; leadership includes experienced independent directors ensuring good governance.

Our journey and innovations

Started in 2017; significant restructuring in 2024 via Scheme of Arrangements integrating textile business segments to focus on textile trading.

Where we operate

Primarily domestic operations centered in India, Gujarat, with sourcing and distribution across textile markets.

Top products or what we offer

Trading in traditional textile products including fabrics, yarns, and allied materials for varied industry applications.

Top brands

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Raw materials needed

Textile fabrics and yarns as core traded commodities.

Raw materials supplier

Mainly sourced through Mahalaxmi Group companies and associated textile manufacturers.

Recurring vs cyclical contribution

Revenue is cyclical, largely depending on textile market demand and trading cycles.

Our industry position

Positioned as a growing textile trader in traditional segments post-demerger with consistent shareholder investment.

Financial highlights

Revenue of approximately 49 crore INR in FY 2024-25 with a net loss of 0.77 crore INR attributable to operational disruptions.

Geographical revenue split

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Order book

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Whats driving growth

Growth driven by strategic demerger consolidations and expanding textile product trading capabilities.

Our future plans

Focus on stabilizing supply chain post vendor disruptions, exploring operational resilience and growth opportunities.

Our green promise

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Our people and values

Committed to ethical practices and corporate governance with initiatives like anti-harassment policies and whistleblower mechanisms.

Key challenges ahead

Operational disruptions due to third-party vendor fire incident impacting supply chain and financial performance.

Interesting facts

Implemented large-scale corporate restructuring via Scheme of Arrangement integrating traditional textile operations in 2024.

Risks and strategy

Key risks include supply chain disruptions mitigated through alternate sourcing and strict governance to ensure operational continuity.