What we do Globe Enterprises (India) Ltd is a textile leader offering yarns, fabrics, garments, and home textiles with a strong focus on sustainable manufacturing and innovative products. |
Founded in 1,995 |
Market share Established brands like AFFORD and INDIGIRL have strong domestic market demand with expanding global exports. |
Problem solved Provides quality textiles and protective garments including denim face masks and PPE suits addressing health and fashion needs. |
Top clients or who we serve Serves domestic and international retail and wholesale customers via online platforms and export markets (B2B and B2C). |
Key management Leadership includes Bhavik Suryakant Parikh (Chairman & MD) with expertise in textiles and business management. |
Our journey and innovations From 1995 inception to public listing in 2017, expanded garment stitching capacity, acquired Globe Denwash for sustainable denim finishing, and launched Fashion Attire Division in 2025. |
Where we operate Operates primarily in domestic India markets and exports to Germany, Israel, and other countries. |
Top products or what we offer Denim and non-denim fabrics, printed cottons, T-shirts, PPE suits, home textiles like bed sheets and curtains, and fashion garments. |
Top brands AFFORD: Popular jeans brand nationwide; INDIGIRL and INDIGEN with pan-India online presence; Globe Chadri Voile renowned for printed cotton fabrics. |
Raw materials needed Yarns and fabrics for textile production, including cotton and linen fibers. |
Raw materials supplier Supplied by various Indian and international textile raw material vendors (specific names not disclosed). |
Recurring vs cyclical contribution Revenue driven largely by cyclical demand in textile and garment sectors, supplemented by recurring contracts in exports. |
Our industry position Strong domestic presence with growing export portfolio; recognized for sustainable manufacturing and quality products. |
Financial highlights FY2024-25 revenue Rs 524.26 crore, net profit Rs 6.84 crore; 22% YoY revenue growth with healthy EBITDA margin. |
Geographical revenue split Revenue split approximately 57% domestic and 43% exports as of FY2024-25. |
Order book - |
Whats driving growth Brand expansion, online retail partnerships, sustainable denim processing, and acquisitions driving production capacity. |
Our future plans Expand garment stitching capacity, innovate sustainable textile solutions, grow Fashion Attire Division, and deepen export markets. |
Our green promise Focus on sustainable manufacturing including Zero Liquid Discharge denim processing and eco-friendly PPE production. |
Our people and values Diverse workforce with emphasis on ethics, compliance, and continuous governance improvements. |
Key challenges ahead Managing raw material costs, competitive domestic market, and maintaining quality standards amid expansion. |
Interesting facts Jeans come with a cautionary tagline on comfort; first in region to adopt advanced sustainable denim washing tech. |
Risks and strategy Risks include market cyclicality and regulatory changes; mitigated via diversification, acquisitions, and focus on sustainability. |
