Globe Textiles (India) Ltd
NSE:GLOBE

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Globe Textiles (India) Ltd Logo
Globe Textiles (India) Ltd
NSE:GLOBE
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Price: 2.77 INR 0.36% Market Closed
Market Cap: ₹1.2B

Gross Margin

12.7%
Current
Improving
by 0.9%
vs 3-y average of 11.9%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
12.7%
=
Gross Profit
₹734.6m
/
Revenue
₹5.8B

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
12.7%
=
Gross Profit
₹734.6m
/
Revenue
₹5.8B

Market Distribution

Lower than 88% of companies in India
Percentile
12th
Based on 4 996 companies
12th percentile
12.7%
Low
-3 052.3% — 26.9%
Typical Range
26.9% — 53.3%
High
53.3% — 8 269.1%
Distribution Statistics
India
Min -3 052.3%
30th Percentile 26.9%
Median 39%
70th Percentile 53.3%
Max 8 269.1%

Globe Textiles (India) Ltd
Glance View

Globe Textiles (India) Ltd. manufactures garments, cotton printed fabrics, home textiles, and fancy fabrics. The company is headquartered in Ahmedabad, Gujarat. The company went IPO on 2017-06-23. The company is also involved in manufacturing face mask from denim and printed fabric as an essential for protection against dust and virus. The company also offers personal protective equipment (PPE) suits. Its brands, such as AFFORD, INDIGIRL, and INDIGEN are offered through its online partners like Snapdeal, Flipkart, Voonik, and Mr.Voonik. The Company’s product portfolio consists of man-made and natural fiber yarns, fabrics, accessories, home textiles, and furnishing and readymade garments. The company offers a range of denim and non-denim fabrics besides other blended and non-blended fabrics. The company also offers an assortment of bed sets and sheets, bedspreads, flat in cotton, and microfiber fitted sheets alongside other furnishings and accessories like curtains, table linen/runner, napkins, and tray cloth.

GLOBE Intrinsic Value
HIDDEN
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What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
12.7%
=
Gross Profit
₹734.6m
/
Revenue
₹5.8B
What is Globe Textiles (India) Ltd's current Gross Margin?

The current Gross Margin for Globe Textiles (India) Ltd is 12.7%, which is above its 3-year median of 11.9%.

How has Gross Margin changed over time?

Over the last 1 years, Globe Textiles (India) Ltd’s Gross Margin has decreased from 13.6% to 12.7%. During this period, it reached a low of 8.8% on Dec 31, 2024 and a high of 13.7% on Jun 30, 2024.

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