DPIIT recognised startup Government of India
Startup India
Globale Tessile Limited
Globale Tessile Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Market Cap
₹11.61 Cr
GLOBALE · NSE
Share Price
₹10.49
-4.03% today
Revenue
₹14.44 Cr
FY 2025-26 · -70.6% YoY
EBITDA
−₹1.46 Cr
Margin -10.1%
Net Profit
−₹1.40 Cr
FY 2025-26 · -86.7% YoY
Debt / Equity
1.00
Interest cover -67.1x
Authorised capital
₹11 Cr
Registered with MCA
Paid-up capital
₹10.62 Cr
Issued & subscribed
About Globale Tessile Limited
Data last updated:
Globale Tessile Limited is a public limited company based in Ahmedabad, Gujarat, India, a subsidiary of Mahalaxmi Rubtech Ltd and recognised as a startup by DPIIT. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 01 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L17299GJ2017PLC098506. Its GSTIN is 24AAGCG9476R1ZN (Gujarat). It is a listed company as per MCA records. Its shares are listed on BSE: 544234 and NSE: GLOBALE.
The company has an authorised share capital of ₹11 Cr and a paid-up capital of ₹10.62 Cr. It is led by directors including Jeetmal Bhoorchand Parekh (Managing Director) and Anand Jeetmal Parekh.
Its last annual general meeting (AGM) was held on 23 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Ysl Avenue Opp. Ketav Petrol Pump Polytechnic Road Ambawadi, Ahmedabad, Gujarat, India – 380015.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹14.44 Cr, a decline of 70.6% compared to the previous year. For the same year it recorded a net loss of ₹1.4 Cr (net margin -9.7%) and EBITDA of -₹1.46 Cr (EBITDA margin -10.1%). The net worth stands at ₹9.59 Cr (down 12.8% YoY). Total assets are valued at ₹19.93 Cr (down 6.2% YoY).
As per MCA filings, the company has open charges of ₹7.3 Cr on record. The company has 7 deals on record (7 market trades); the latest was in February 2026. The company has 1 MSME Form 1 return on record for the period ending Sep 2020, listing 22 overdue payments to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN L17299GJ2017PLC098506
Registration Number 098506
Incorporation Date 01 August 2017
ROC Ahmedabad
Listing Status Listed - Listed on NSE (GLOBALE); Listed on BSE (544234)
Company Status Active
Date of Last AGM 23 August 2025
Date of Balance Sheet 31 March 2026
Parent Company Mahalaxmi Rubtech Ltd
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
CIN history
Globale Tessile has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L17299GJ2017PLC098506, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L17299GJ2017PLC098506 | Current |
| U17299GJ2017PLC098506 | Previous |
| U17299GJ2017PTC098506 | Previous |
Key People
Jeetmal Bhoorchand Parekh Managing Director Anand Jeetmal Parekh Director Rahul Jeetmal Parekh Director Recognitions & Rankings of Globale Tessile
Contact details
Globale Tessile Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressYsl Avenue Opp. Ketav Petrol Pump Polytechnic Road Ambawadi, Ahmedabad, Gujarat, India – 380015
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Globale Tessile Limited, buy the company report.
Comprehensive company report
Globale Tessile Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Financials of Globale Tessile Limited
FY 2025-26 filings availableGlobale Tessile Limited reported revenue of ₹14.44 Cr (down 70.6% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue
₹14.44 Cr
-70.6% YoY
EBITDA
−₹1.46 Cr
-117.9% YoY
Profit After Tax
−₹1.40 Cr
-86.7% YoY
Net Worth
₹9.59 Cr
-12.8% YoY
Total Assets
₹19.93 Cr
-6.2% YoY
Total Debt
₹10.31 Cr
+0.9% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | 14.44 | 49.08 | 54.27 | 67.74 | 11.04 | 1.76 |
| Revenue growth | -70.6% | -9.6% | -19.9% | +513.6% | +527.3% | - |
| EBITDA | (1.46) | (0.67) | 1.02 | (1.05) | 1.09 | 0.01 |
| EBITDA margin | -10.1% | -1.4% | +1.9% | -1.6% | +9.9% | +0.6% |
| Profit before tax | (1.73) | (1.05) | 0.74 | (1.24) | 0.92 | (0.04) |
| Net profit | (1.40) | (0.75) | 0.50 | (1.29) | 0.61 | (0.02) |
| Net profit margin | -9.7% | -1.5% | +0.9% | -1.9% | +5.5% | -1.1% |
| EPS (₹) | (1.32) | (0.72) | 0.47 | (1.21) | 119.16 | (5.22) |
| Balance sheet | ||||||
| Total assets | 19.93 | 21.25 | 21.21 | 23.94 | 4.16 | 0.59 |
| Net worth | 9.59 | 11.00 | 11.74 | 11.24 | 0.43 | (0.17) |
| Total debt | 10.31 | 10.22 | 9.46 | 12.69 | 3.73 | 0.75 |
| Cash & bank | 7.99 | 6.57 | 6.97 | 6.42 | 0.84 | 0.02 |
| Net working capital | 19.19 | 20.78 | 21.20 | 23.94 | 4.16 | 0.50 |
| Cash flow | ||||||
| Cash from operations | 1.62 | (0.71) | 4.08 | (16.27) | (1.99) | 0.12 |
| Cash from investing | 2.50 | (1.85) | 0.45 | (0.21) | 0.00 | 0.00 |
| Cash from financing | (0.79) | (0.15) | (3.97) | 20.85 | 2.81 | (0.09) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 11.22 | 8.06 | 2.59 | 2.75 | 1.04 | 0.58 | 12.03 | 17.73 |
| Revenue growth (YoY) | +978.9% | +1289.7% | -78.5% | -84.5% | -94.5% | - | - | - |
| Other income | 0.16 | 0.33 | 0.12 | 0.15 | 0.11 | 0.25 | 0.10 | 0.11 |
| Total expenses | 11.29 | 8.69 | 2.90 | 2.95 | 1.37 | 1.92 | 12.58 | 17.09 |
| EBITDA | (0.07) | (0.63) | (0.31) | (0.20) | (0.33) | (1.34) | (0.55) | 0.64 |
| EBITDA margin | -0.6% | -7.8% | -12.0% | -7.3% | -31.7% | -231.0% | -4.6% | +3.6% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.26 | 0.17 | 0.31 | 0.25 | 0.25 | 0.20 | 0.23 | 0.35 |
| Profit before tax | (0.17) | (0.47) | (0.50) | (0.30) | (0.47) | (1.29) | (0.68) | 0.40 |
| Tax | (0.04) | (0.06) | (0.13) | (0.04) | (0.11) | (0.36) | (0.17) | 0.14 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 31 Oct 2026
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 11.22 | 8.06 | 2.59 | 2.75 | 1.04 | 0.58 | 12.03 | 17.73 |
| Revenue growth (YoY) | +978.9% | +1289.7% | -78.5% | -84.5% | -94.5% | - | - | - |
| Other income | 0.16 | 0.33 | 0.12 | 0.15 | 0.11 | 0.25 | 0.10 | 0.11 |
| Total expenses | 11.29 | 8.69 | 2.90 | 2.95 | 1.37 | 1.92 | 12.58 | 17.09 |
| EBITDA | (0.07) | (0.63) | (0.31) | (0.20) | (0.33) | (1.34) | (0.55) | 0.64 |
| EBITDA margin | -0.6% | -7.8% | -12.0% | -7.3% | -31.7% | -231.0% | -4.6% | +3.6% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.26 | 0.17 | 0.31 | 0.25 | 0.25 | 0.20 | 0.23 | 0.35 |
| Profit before tax | (0.17) | (0.47) | (0.50) | (0.30) | (0.47) | (1.29) | (0.68) | 0.40 |
| Tax | (0.04) | (0.06) | (0.13) | (0.04) | (0.11) | (0.36) | (0.17) | 0.14 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Revenue | 14.44 | 49.08 | 54.27 | 67.74 | 11.04 | 1.76 |
| Revenue growth | -70.6% | -9.6% | -19.9% | +513.6% | +527.3% | - |
| Other income | 0.71 | 0.58 | 0.46 | 0.71 | 0.00 | 0.00 |
| Total expenses | 15.90 | 49.75 | 53.25 | 68.79 | 9.95 | 1.75 |
| Employee cost | 0.75 | 0.72 | 0.37 | 0.37 | 0.14 | 0.09 |
| EBITDA | (1.46) | (0.67) | 1.02 | (1.05) | 1.09 | 0.01 |
| EBITDA margin | -10.1% | -1.4% | +1.9% | -1.6% | +9.9% | +0.6% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.98 | 0.96 | 0.74 | 0.90 | 0.17 | 0.05 |
| Profit before tax | (1.73) | (1.05) | 0.74 | (1.24) | 0.92 | (0.04) |
| Tax | (0.33) | (0.30) | 0.24 | 0.05 | 0.31 | (0.02) |
| Net profit | (1.40) | (0.75) | 0.50 | (1.29) | 0.61 | (0.02) |
| Net profit margin | -9.7% | -1.5% | +0.9% | -1.9% | +5.5% | -1.1% |
| EPS (₹) | (1.32) | (0.72) | 0.47 | (1.21) | 119.16 | (5.22) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Equity & liabilities | ||||||
| Share capital | 10.62 | 10.62 | 10.62 | 10.62 | 0.05 | 0.05 |
| Reserves & surplus | (1.03) | 0.38 | 1.12 | 0.62 | 0.38 | (0.22) |
| Shareholders' funds (net worth) | 9.59 | 11.00 | 11.74 | 11.24 | 0.43 | (0.17) |
| Secured loans | 10.31 | 10.22 | 8.25 | 7.93 | 0.00 | 0.00 |
| Unsecured loans | 0.00 | 0.00 | 1.21 | 4.76 | 3.73 | 0.75 |
| Total debt | 10.31 | 10.22 | 9.46 | 12.69 | 3.73 | 0.75 |
| Total liabilities | 19.93 | 21.25 | 21.21 | 23.94 | 4.16 | 0.59 |
| Assets | ||||||
| Gross block | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net block | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 10.82 | 9.10 | 17.36 | 19.40 | 1.86 | 0.17 |
| Sundry debtors | 0.69 | 2.28 | 6.58 | 17.74 | 2.22 | 0.31 |
| Cash & bank balances | 7.99 | 6.57 | 6.97 | 6.42 | 0.84 | 0.02 |
| Loans & advances | 4.89 | 5.12 | 5.99 | 9.02 | 0.08 | 0.03 |
| Total current assets | 24.39 | 23.07 | 36.90 | 52.58 | 5.00 | 0.53 |
| Total current liabilities | 5.20 | 2.29 | 15.70 | 28.64 | 0.84 | 0.03 |
| Net working capital | 19.19 | 20.78 | 21.20 | 23.94 | 4.16 | 0.50 |
| Total assets | 19.93 | 21.25 | 21.21 | 23.94 | 4.16 | 0.59 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Opening cash | 2.27 | 4.97 | 4.42 | 0.05 | 0.02 | 0.00 |
| Net cash from operating activities | 1.62 | (0.71) | 4.08 | (16.27) | (1.99) | 0.12 |
| Net cash from investing activities | 2.50 | (1.85) | 0.45 | (0.21) | 0.00 | 0.00 |
| Net cash from financing activities | (0.79) | (0.15) | (3.97) | 20.85 | 2.81 | (0.09) |
| Net change in cash | 3.34 | (2.71) | 0.56 | 4.37 | 0.82 | 0.02 |
| Closing cash | 7.99 | 6.57 | 6.97 | 6.42 | 0.84 | 0.02 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Growth | ||||||
| Sales growth | -70.6% | -9.6% | -19.9% | +513.6% | +527.3% | - |
| EBITDA growth | -117.9% | -165.7% | +197.1% | -196.3% | - | - |
| PBT growth | -64.8% | - | +9998.0% | - | +9998.0% | +9997.0% |
| Net income growth | -86.7% | -250.0% | +138.8% | -311.5% | +3150.0% | - |
| Revenue CAGR (3Y) | -40.3% | +64.4% | +213.6% | - | - | - |
| EBITDA CAGR (3Y) | +11.6% | - | +367.2% | - | - | - |
| Profitability & leverage | ||||||
| Net income margin | -9.7% | -1.5% | +0.9% | -1.9% | +5.5% | -1.1% |
| Return on capital employed | 0.0% | 0.0% | +6.5% | 0.0% | +45.6% | 0.0% |
| Return on net worth | 0.0% | 0.0% | +4.3% | 0.0% | +461.5% | 0.0% |
| Debt / equity | 1.00 | 0.86 | 0.96 | 1.41 | 17.23 | 0.00 |
| Long-term debt / equity | 0.00 | 0.05 | 0.27 | 0.75 | 17.23 | 0.00 |
| Interest cover | -67.12 | -143.28 | 72.55 | -85.71 | 15.60 | 500.00 |
| Efficiency & per share | ||||||
| Fixed asset turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventory turnover | 1.45 | 3.71 | 2.95 | 6.37 | 10.88 | 10.35 |
| Debtors turnover | 9.72 | 11.08 | 4.46 | 6.79 | 8.73 | 5.68 |
| EPS (₹) | (1.32) | (0.72) | 0.47 | (1.21) | 119.16 | (5.22) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 9.03 | 10.36 | 11.05 | 10.58 | 85.48 | (33.46) |
To see the full year-wise statements and ratios of Globale Tessile Limited, buy the company report.
Board of directors of Globale Tessile Limited
Globale Tessile has 6 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
Auditor
Globale Tessile Limited is audited by BHANWAR JAIN & CO. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHANWAR JAIN & CO. | FY 2024 | 117340W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 65.40%, foreign institutional investors hold 0.10%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 34.50%.
Sep 2026
QUARTER
65.40% Promoters
0.10% FII (Foreign Institutional)
34.50% Retail & Others
Promoter holding - history
Now 65.40% · Sep 2026High 65.40% · Dec 2025Low 65.40% · Dec 2025
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 65.40% | 65.40% | 65.40% | 65.40% |
| Public | 34.60% | 34.60% | 34.60% | 34.60% |
Charges & borrowings
Open charges
₹7.3 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Sep 2024 | 100987434 | Others | ₹7.3 Cr | Open |
To see the full charge records of Globale Tessile Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Globale Tessile Limited has 7 deals on record (7 market trades); the latest was in February 2026.
Total deals
7
Market trades
7
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2026 | Market trade | ₹10 Lakh | Seller: Anant Wealth Consultants Private Limited |
| Dec 2025 | Market trade | ₹12.6 Lakh | Buyer: Patronus Tradetech LLP , an individual Seller: Patronus Tradetech LLP , an individual |
| Dec 2025 | Market trade | ₹13.6 Lakh | Buyer: Patronus Tradetech LLP , an individual Seller: Patronus Tradetech LLP , an individual |
| Dec 2025 | Market trade | ₹22 Lakh | Buyer: Green Peaks Enterprises LLP Seller: Green Peaks Enterprises LLP , an individual |
| Aug 2025 | Market trade | ₹7.5 Lakh | Buyer: Orion Stocks Limited Seller: Orion Stocks Limited |
To see the full deal history of Globale Tessile Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Globale Tessile Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Globale Tessile Limited has 1 MSME Form 1 return on record for the period ending Sep 2020, listing 22 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Mahalaxmi Rubtech Ltd |
To see the full MSME payment records of Globale Tessile Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Globale Tessile has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCG9476R1ZN | Gujarat | Active | 01 Dec 2017 |
To see the full GST registrations and return filing status of Globale Tessile Limited, buy the company report.
Recent activity
Globale Tessile Limited has 12 board changes on record since 2017: 9 appointments and 3 cessations. The latest: Dhaval Dharmendrabhai Nagar ceased to be Company Secretary on 15 Sep 2025.
Filing
Globale Tessile Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
Ceased
Dhaval Dharmendrabhai Nagar ceased to be Company Secretary.
AGM
Globale Tessile Limited last Annual general meeting of members was held on 23 Aug 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 7.30 Cr registered on 24 Sep 2024 with Charge ID 100987434 was modified on 28 Mar 2025.
Appointed
Dhaval Dharmendrabhai Nagar was appointed as Company Secretary.
Charges
A charge with Others amounted to Rs. 7.30 Cr with Charge ID 100987434 was registered on 24 Sep 2024.
Appointed
Indra Singhvi was appointed as Director.
Appointed
Nehal Mayur Shah was appointed as Director.
Appointed
Sangita Shingi was appointed as Director.
Appointed
Anand Jeetmal Parekh was appointed as Director.
Ceased
Himmatsingh Rathore ceased to be Director.
Appointed
Rajendra Ratanchand Mehta was appointed as Ceo(Kmp).
5 earlier events are in the company report.
Frequently asked questions
Globale Tessile is an active public limited company based in Ahmedabad, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 01 August 2017 (9+ years old) and is registered under CIN L17299GJ2017PLC098506. Listed on BSE: 544234 and NSE: GLOBALE.
Globale Tessile reported revenue of ₹14.44 Cr for FY 2025-26 (down 70.6% YoY) based on standalone financials.
Globale Tessile has 6 current directors:
- Jeetmal Bhoorchand Parekh - Managing Director
- Anand Jeetmal Parekh - Director
- Rahul Jeetmal Parekh - Director
- Sangita Shingi - Director
- Nehal Mayur Shah - Director
- Indra Singhvi - Director
The latest financial statements of Globale Tessile on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 23 August 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Globale Tessile is 24AAGCG9476R1ZN, registered in Gujarat.
The CIN (Corporate Identification Number) of Globale Tessile is L17299GJ2017PLC098506. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Globale Tessile is a listed company as per MCA records. Its shares are listed on both BSE (code: 544234) and NSE (symbol: GLOBALE).
Globale Tessile was incorporated on 01 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Globale Tessile has 7 deals on record (7 market trades); the latest was in February 2026.
Dhaval Dharmendrabhai Nagar ceased to be Company Secretary on 15 Sep 2025. Dhaval Dharmendrabhai Nagar was appointed as Company Secretary on 14 Nov 2024. Indra Singhvi was appointed as Director on 18 Apr 2024. Globale Tessile has 12 board changes on record in total.
Yes, Globale Tessile is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
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