Globe International Carriers Ltd
GICLGlobe International Carriers Ltd's multiple sits at its floor because earnings outran a 16× five-year rally — compression born of growth, not neglect. The quarters are still improving, and the P/E sits at the 28th percentile of its own 8-year range.
The sharpest disagreement: profits are rising, but only 0% of the last 3 years' profit arrived as operating cash — the gap between the P&L and the bank account is the thing to watch.
The price is in a confirmed uptrend (88 weeks in) while the P/E sits at the 28th percentile of its own 8-year range. Underneath, the last four quarters read improving — profit +352.3% year on year, and 0% of the last 3 years' profit arrived as cash. What settles it: whether the cash starts following the profit.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
Globe International Carriers Ltd trades at ₹37.6, in a confirmed uptrend and 88 weeks into that stage. That is −4.2% against its own 200-day average. It sits at 55% of a 52-week range of ₹22 to ₹51. On relative strength it is currently behind the NIFTY 500 on a trailing-13-week view (3 weeks and counting).
Today the stock is in a confirmed uptrend — week 88 of stage 2, confirmed. At ₹37.6 it trades −4.2% versus its 200-day average and sits at 55% of its 52-week range (₹22–₹51).
Against the market, two honest reads. Cumulative: over the last 9.2 years the stock moved +1,564% while the NIFTY 500 moved +182% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock is currently behind (3 weeks and counting; last ahead the week of 2026-03-06) — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.
Globe International Carriers Ltd trades at 43.1× P/E, near the bottom of its own range — cheaper only 28% of the time. Its long-run median P/E is 63.2×, measured across 7.5 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/E of 43.1× is near the bottom of its own range — cheaper only 28% of the time, against a long-run median of 63.2× measured over 7.5 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
One caveat before moving on: margins are the best this company has ever printed — cheap against its own history on record margins is not the same thing as cheap. If profitability mean-reverts, today's multiple is higher than it looks.
Why the multiple sits where it does: over the past year annual EPS moved +84.6% against a +58.3% price move — earnings outran the price, pushing the multiple DOWN its own range.
The price move, decomposed: over 5y, of the +74.6%/yr price move, ~+66.3%/yr came from earnings growth and ~+8.3 pp from the multiple (expanding). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.
Put together: the multiple is low against its own past, so the story rests on the earnings line underneath it, not the multiple.
Stage: No read Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
Globe International Carriers Ltd reads as no read on its fundamental arc. Under eight usable quarters on the growth trio — not enough history for an honest trajectory read. The read is built from 4 quarters across 1 curve, on partial evidence.
Why it matters: with too little history, an honest page says so instead of guessing a trajectory.
The latest quarter’s profit carries a one-off item larger than the operating base, so the profit curve is shown but does not vote in the stage call.
One or more growth curves carry a base-effect spike — a large year-on-year move off a near-zero or loss-making comparable quarter. Those spikes are capped before the classifier reads the trajectory, and shown pinned on the chart, so a single distorted quarter does not drive the stage call.
Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.
Fewer than eight usable quarters on the growth curves — this page will not guess a trajectory from a stub of history.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | +37.7% | +13.3% | +12.3% | +3.3% |
| Profit | +66.7% | +71.0% | — | +17.5% |
| EPS | +84.6% | +50.8% | +64.4% | −3.1% |
| Share price | +58.3% | +54.7% | +74.6% | — |
4-Factor Sector Score
58.6/100 — rank 1 of 2 in Transport - Road · 61% evidence confidence
Globe International Carriers Ltd scores 58.6 out of 100 against the 2 companies it is compared with in Transport - Road, ranking 1. Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
The four contributions add to the total exactly: 23.3 + 13.7 + 9.1 + 12.5 = 58.6. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.
Revenue Revenue is the top line: everything the company billed its customers in the period.
Globe International Carriers Ltd reported ₹47.3 Cr of revenue in the Dec 25 quarter, +23.5% year on year. Over 10 years it has compounded at 3.3% a year. The last full year, FY25, came in at ₹157 Cr. The last four reported quarters add to ₹168 Cr.
FY25 revenue came in at ₹157 Cr (+37.7% on the year), capping 10 years at 3.3% compound. The latest quarter (Dec 25) printed ₹47.3 Cr, +23.5% year on year.
Pace check: the last four quarters averaged +11.3% growth against the decade's 3.3% — the current year is running faster than its own long-run rate.
Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.
Globe International Carriers Ltd's operating margin is 21.5% in the Dec 25 quarter, +14.4 percentage points against the same quarter a year ago. That is the widest this company has ever printed on a full-year basis. Across 12 fiscal years the operating margin has ranged 3.0% to 6.0%. The current quarter is running above every full year in that window.
The latest quarter's operating margin is 21.5%, +14.4 pp against the same quarter a year ago. Across 12 fiscal years the operating margin has ranged 3.0%–6.0%, and FY25's 6.0% is the top of that band — a record year.
Why the margin moved: operating margin went +14.4 pp year on year while gross margin went −0.7 pp — the gain came mostly below the gross line: operating leverage, with costs spread over a bigger revenue base.
Worth repeating from the valuation section: cheap against its own history on record margins is not the same thing as cheap — a record margin flatters every ratio built on top of it.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
Globe International Carriers Ltd earned ₹6.9 Cr of net profit in the Dec 25 quarter, +352.3% year on year. It is the 3rd consecutive quarter of growth. Full-year FY25 profit was ₹5.0 Cr. The 10-year compound rate is 17.5%. That is 14.6% of the quarter's revenue. The same quarter a year earlier earned ₹1.5 Cr.
Dec 25 profit was ₹6.9 Cr, +352.3% year on year — the 3rd consecutive quarter of growth. On the full year, FY25 printed ₹5.0 Cr (+66.7%), and the 10-year compound rate is 17.5%.
Why profit moved: revenue contributed +23.5% and the margin +14.4 pp — the quarter was margin-led: most of the profit growth came from keeping more of each sale.
Pace comparison, last four quarters: profit +231.7% vs revenue +11.3%. Profit is growing faster than sales — fixed costs are being spread over a bigger base, and each extra rupee of revenue drops more to the bottom line.
Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.
Over the last 3 fiscal years 0% of Globe International Carriers Ltd's reported profit arrived as operating cash — a gap worth watching. In FY25 that was ₹10.0 Cr of operating cash against ₹5.0 Cr of profit. After ₹0.0 Cr of capital spending, ₹10.0 Cr was left as free cash.
FY25: operating cash of ₹10.0 Cr against reported profit of ₹5.0 Cr, leaving free cash of ₹10.0 Cr after ₹0.0 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 0% of profit.
Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.
🚨 Why conversion sits at 0%: the cash cycle tightened 47 days between FY20 and FY25 — cash that used to wait in the cycle now reaches the bank sooner. Less than 70% of profit arriving as cash is the thing to watch on this page.
Router verdict: no single sink dominates — the next section checks both the working-capital cycle and the capital spending.
Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).
Globe International Carriers Ltd's cash conversion cycle runs 108 days in FY25, down from 155 days in FY20. Capital spending ran ₹1.0 Cr over the last 3 years. At FY25 sales of ₹157 Cr each day of that cycle holds about ₹0.4 Cr, so roughly ₹46.0 Cr sits inside the business at any moment.
FY25: debtors at 108 days (an asset-light business — no inventory to speak of) — for a full cycle of 108 days, tighter than FY20's 155.
In money terms: at FY25 sales of ₹157 Cr, each day of the cycle holds about ₹0.4 Cr — so the 108-day loop keeps roughly ₹46.0 Cr sitting inside the business at any moment.
On the investment side: capital spending of ₹1.0 Cr over the last 3 fiscal years. Capital work-in-progress stands at ₹0.0 Cr (FY25) — capacity paid for but not yet earning.
The synthesis: neither the cycle nor the build-out is hoarding the cash — the machine is reasonably clean.
Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.
Globe International Carriers Ltd earns a ROCE of 11% in FY25. That is up from a trough of 6% in FY20. Return on invested capital clears the cost of that capital by −4.5 percentage points, so growth here is not yet paying for the capital it uses. The wiring behind it is 3.2% net margin on 1.65× asset turns.
FY25 ROCE is 11%, recovered from a FY20 trough of 6% — the full ladder below shows the fall and the climb, undoctored.
🚨 Why the return is what it is — the wiring (FY25): 3.2% net margin × 1.65× asset turns × 1.61× balance-sheet leverage ≈ 8.5% on equity. Margin does its share; leverage is a meaningful part of the equation.
The capstone test — ROIC − WACC: 7.5% − 12.0% = a −4.5 pp spread. The 12.0% is a standing assumption for the cost of capital in India, not a per-stock estimate — read the sign and the size of the spread, not the decimals. Negative — growth at these returns destroys value until the returns recover.
Debt Debt-to-equity says how much of the business is funded by borrowings; interest cover says how many times operating profit pays the interest bill. Low and high, respectively, is the safe corner.
Globe International Carriers Ltd carries ₹25.0 Cr of borrowings against ₹59.0 Cr of equity in FY25, a debt-to-equity of 0.42. Operating profit covers the interest bill 5×. Over 5 years borrowings went from ₹20.0 Cr to ₹25.0 Cr. Capital spending ran ₹1.0 Cr across the last 3 of those years.
FY25: borrowings of ₹25.0 Cr against equity of ₹59.0 Cr — a debt-to-equity of 0.42. Operating profit covers the interest bill 5×. Over 5 years borrowings went from ₹20.0 Cr to ₹25.0 Cr while capital spending ran ₹1.0 Cr in just the last 3 — part of the build-out is riding on borrowed money.
Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.
Promoters cut 10.7 points of Globe International Carriers Ltd over 8 quarters, the biggest move on the register. That takes promoters to 63.5% of the company. Domestic institutions moved +0.0 points over the same window, to 0.0%. The register is read on the four disclosed classes only; nothing is inferred between filings.
The register over the last two years — Promoters: −10.7 points over 8 quarters to 63.5%; Domestic institutions: +0.0 points over 8 quarters to 0.0%.
🚨 Why the register moved: promoters drove it (−10.7 points) — distribution into the market’s bid.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
Globe International Carriers Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.
The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1Globe International Carriers Ltdthis pageGICL | 58.6/100Mixed-positive evidence61% evidence | 23.3/35 Revenue — · PAT — · OPM change 14.4 pp 45% evidence | 13.7/25 ROCE 11.2% · OPM 21.5% 95% evidence | 9.1/20 P/E 43.1× · PEG — 35% evidence | 12.5/20 RS sector 0% · RS bench 13.6% · 1Y 27.5%7 of 12 weeks ahead to 2026-03-29 70% evidence | |
| Exact sum: 23.3 + 13.7 + 9.1 + 12.5 = 58.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 2Iware Supplychain Services LtdIWARE | 57.4/100Thin evidence · provisional31% evidence | 15.2/35 Revenue — · PAT — · OPM change -2 pp 19% evidence | 19.7/25 ROCE 28% · OPM 11% 76% evidence | 10.0/20 P/E 34.6× · PEG — 0% evidence | 12.5/20 RS sector — · RS bench 61.2% · 1Y — 25% evidence | |
| Exact sum: 15.2 + 19.7 + 10 + 12.5 = 57.4 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.
Frequently asked questions
What is Globe International Carriers Ltd's share price today?
Globe International Carriers Ltd trades at ₹37.6, +58.3% over the past year. The company is valued at ₹421 Cr. The stock sits at 55% of its 52-week range of ₹22–₹51, −4.2% versus its 200-day average. On the tape, the price is in a confirmed uptrend, 88 weeks in. — as of 14 August 2026.
What were Globe International Carriers Ltd's latest quarterly results?
Globe International Carriers Ltd reported revenue of ₹47.3 Cr and net profit of ₹6.9 Cr for the Dec 25 quarter. Revenue rose 23.5% and profit rose 352.3% year on year. Earnings per share were ₹0.39. The operating margin was 21.5%, 14.4 pp higher than a year earlier. — as of 14 August 2026.
What is Globe International Carriers Ltd's revenue?
Globe International Carriers Ltd reported revenue of ₹47.3 Cr in the Dec 25 quarter, +23.5% year on year. For the full FY25 fiscal year, revenue was ₹157 Cr (+37.7%). Over the last 10 years revenue compounded at 3.3% a year. — as of 14 August 2026.
What is Globe International Carriers Ltd's profit?
Globe International Carriers Ltd earned ₹6.9 Cr of net profit in the Dec 25 quarter, +352.3% year on year — the 3rd straight quarter of growth. Full-year FY25 profit was ₹5.0 Cr. The operating margin ran 21.5% in the latest quarter. — as of 14 August 2026.
What is Globe International Carriers Ltd's market cap?
Globe International Carriers Ltd's market capitalisation is ₹421 Cr at a share price of ₹37.6. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 14 August 2026.
What is Globe International Carriers Ltd's P/E ratio?
Globe International Carriers Ltd trades at a P/E of 43.1×, at the 28th percentile of its own 8-year range, against a long-run median of 63.2×. This is a comparison with the stock's own history, not a value call — as of 14 August 2026.
Does Globe International Carriers Ltd pay a dividend?
Not in its latest year — Globe International Carriers Ltd's dividend payout was 0% of profit in FY25. It did record a payout in 1 of its last 12 reported fiscal years, so there is a history but no current dividend. — as of 14 August 2026.
Is Globe International Carriers Ltd overvalued?
On its own history, Globe International Carriers Ltd looks cheap: its P/E of 43.1× has been cheaper only 28% of the time in 8 years (long-run median 63.2×). That is a percentile read against the stock's own past, not a price opinion or a direction call. One caveat: margins are the best this company has ever printed — cheap on record margins is not the same thing as cheap. — as of 14 August 2026.
Is Globe International Carriers Ltd growing?
Yes — Globe International Carriers Ltd is growing: latest-quarter revenue +23.5% year on year, profit +352.3%, and the margin +14.4 pp at 21.5%. The 10-year compound rates are 3.3% (revenue) and 17.5% (profit). The earnings engine currently reads: improving — as of 14 August 2026.
How is Globe International Carriers Ltd performing?
Globe International Carriers Ltd is in a confirmed uptrend, 88 weeks in. Its latest quarter's revenue rose 23.5% and profit rose 352.3% year on year. Against the NIFTY 500 it has been behind on a trailing-13-week view for 3 weeks. This describes what the data did, not a rating. — as of 14 August 2026.
Is Globe International Carriers Ltd in an uptrend?
Yes — the price is in a confirmed uptrend (week 88 of stage 2), trading −4.2% versus its 200-day average and at 55% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 14 August 2026.
Is Globe International Carriers Ltd beating the market?
Not lately — on a trailing-13-week view Globe International Carriers Ltd is currently behind the NIFTY 500 (3 weeks and counting; last ahead the week of 2026-03-06), the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 9.2 years the stock moved +1,564% against the NIFTY 500's +182% — ahead of the index over the full window. — as of 14 August 2026.
Will Globe International Carriers Ltd's share price go up?
This page publishes no price forecast for Globe International Carriers Ltd. What it measures instead: the share price is ₹37.6, the price is in a confirmed uptrend 88 weeks in. Its P/E of 43.1× sits at the 28th percentile of its own 8-year range. — as of 14 August 2026.
Who owns Globe International Carriers Ltd?
Promoters hold 63.5% of Globe International Carriers Ltd, foreign institutions null%, domestic institutions 0.0% and the public 36.5% (latest quarter). The biggest move on the register over the last two years: Promoters cut 10.7 points over 8 quarters. — as of 14 August 2026.
Does Globe International Carriers Ltd have too much debt?
It is moderate — Globe International Carriers Ltd's debt-to-equity is 0.42, and operating profit covers the interest bill 5×. FY25 borrowings were ₹25.0 Cr against equity of ₹59.0 Cr. Read the returns on this page with that leverage in mind — as of 14 August 2026.
What is Globe International Carriers Ltd's capex?
Globe International Carriers Ltd spent ₹1.0 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY25 alone that was ₹0.0 Cr, with ₹0.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 14 August 2026.
What is Globe International Carriers Ltd's cash flow?
Globe International Carriers Ltd generated ₹10.0 Cr of operating cash flow in FY25 and ₹10.0 Cr of free cash flow after ₹0.0 Cr of capital spending. Reported profit that year was ₹5.0 Cr, so operating cash ran ahead of profit. Cash-flow resolution for India is annual. — as of 14 August 2026.
Is Globe International Carriers Ltd's profit real cash?
Not fully — over the last 3 fiscal years, 0% of Globe International Carriers Ltd's reported profit arrived as operating cash. In FY25, operating cash was ₹10.0 Cr against reported profit of ₹5.0 Cr. The cash then goes into a mix of the working-capital cycle and capacity. Cash-flow resolution is annual — as of 14 August 2026.
Where is Globe International Carriers Ltd in its business cycle?
Globe International Carriers Ltd's FY25 operating margin was 6.0%, against a 12-year band of 3.0%–6.0%: the top of the band — a record year. Record profitability is late-cycle territory: every ratio flatters at the top, and the story leans on margins holding. The latest quarter ran 21.5%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 14 August 2026.
What could break the Globe International Carriers Ltd story?
The sharpest disagreement: profits are rising, but only 0% of the last 3 years' profit arrived as operating cash — the gap between the P&L and the bank account is the thing to watch. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 14 August 2026.
Is Globe International Carriers Ltd a stock worth studying right now?
This is not investment advice. The machine read: Globe International Carriers Ltd's multiple sits at its floor because earnings outran a 16× five-year rally — compression born of growth, not neglect. The quarters are still improving, and the P/E sits at the 28th percentile of its own 8-year range. The sharpest open question: whether the cash starts following the profit. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 14 August 2026.