Globale Tessile Limited
About Globale Tessile Limited
Data last updated: 29 December 2025
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 specialises in textile and fabric production, a part of the broader manufacturing sector. Incorporated on 01 August 2017, the company has been in operation for over 9 years.
Registered with ROC Ahmedabad under CIN L17299GJ2017PLC098506. Listed.
Capital: an authorised share capital of ₹11 Cr and a paid-up capital of ₹10.62 Cr. It is led by directors including Rahul Jeetmal Parekh and Anand Jeetmal Parekh.
Last AGM: 23 August 2025. Financial statements filed for year ended 31 March 2025. Office: Ysl Avenue Opp. Ketav Petrol Pump Polytechnic Road Ambawadi, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2024, the company reported a revenue of ₹54.74 Cr, reflecting significant growth compared to the previous year.
It operates as a subsidiary of Mahalaxmi Rubtech Ltd.
As per MCA filings, the company has open charges of ₹7.3 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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Email*****@*****.com
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Telephone+91-****-******
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Website**************
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Social Media**************
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Registered AddressYsl Avenue Opp. Ketav Petrol Pump Polytechnic Road Ambawadi, Ahmedabad, Gujarat, India – 380015
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IndustryManufacturing, Textile & Fabric Production
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Globale Tessile Limited
Globale Tessile Limited 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 |
Business Activity of Globale Tessile Limited
Globale Tessile Limited operates primarily in the manufacturing sector. The company has 1 registered business activity segment, reflecting its diverse operational portfolio.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| ********* | Manufacturing | ********* | Textile, leather and other apparel products | ********* |
Auditor Details of Globale Tessile Limited
Globale Tessile Limited is audited by Jain Chowdhary & Co (ICAI peer reviewed, certificate valid till 2029-02-28) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| Jain Chowdhary & Co (ICAI peer reviewed, certificate valid till 2029-02-28) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Globale Tessile Limited
Globale Tessile Limited is currently managed by 11 directors, with 8 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
Financials of Globale Tessile Limited FY 2026 filings available
Globale Tessile Limited reported revenue of ₹14.44 Cr (down 70.57% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 |
|---|---|---|
| Revenue from Operations | ₹14.44 Cr | ₹49.08 Cr |
| Other Income | ₹71.29 Lakh | ₹57.94 Lakh |
| Total Income | ₹15.16 Cr | ₹49.66 Cr |
| Cost of Materials Consumed | ₹8.84 Cr | ₹34.18 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 |
| Changes in Inventories | ₹3.12 Cr | ₹3 Cr |
| Employee Benefit Expense | ₹74.74 Lakh | ₹72.38 Lakh |
| Finance Costs | ₹98.36 Lakh | ₹95.51 Lakh |
| Depreciation & Amortisation | ₹0 | - |
| Other Expenses | ₹3.2 Cr | ₹11.86 Cr |
| Total Expenses | ₹16.89 Cr | ₹50.72 Cr |
| Profit Before Exceptional Items & Tax | -₹1.73 Cr | - |
| Exceptional Items | ₹0 | - |
| Profit Before Tax | -₹1.73 Cr | -₹1.06 Cr |
| Total Tax Expense | -₹33.49 Lakh | ₹0 |
| Net Profit | -₹1.4 Cr | -₹1.06 Cr |
| Other Comprehensive Income | -₹11,000 | - |
| Total Comprehensive Income | -₹1.4 Cr | - |
| EBITDA (computed) | -₹75.05 Lakh | - |
| Basic EPS | ₹-1.32 | - |
| Diluted EPS | ₹-1.32 | - |
| Metrics | FY 2026 | FY 2025 |
|---|---|---|
| Total Assets | ₹25.13 Cr | ₹23.24 Cr |
| Non-current Assets | ₹75.12 Lakh | ₹15.77 Lakh |
| Current Assets | ₹24.38 Cr | ₹23.08 Cr |
| Property, Plant & Equipment | ₹0 | ₹0 |
| Inventories | ₹10.82 Cr | ₹9.1 Cr |
| Trade Receivables | ₹68.93 Lakh | - |
| Cash & Equivalents | ₹5.61 Cr | ₹2.27 Cr |
| Equity (Net Worth) | ₹9.59 Cr | - |
| Equity Share Capital | ₹10.62 Cr | - |
| Borrowings (Non-current) | ₹0 | - |
| Borrowings (Current) | ₹10.31 Cr | - |
| Total Debt (computed) | ₹10.31 Cr | - |
| Current Liabilities | ₹15.51 Cr | ₹12.5 Cr |
| Total Liabilities | ₹15.54 Cr | - |
| Metrics | FY 2026 | FY 2025 |
|---|---|---|
| Operating Cash Flow | ₹1.62 Cr | -₹70.6 Lakh |
| Investing Cash Flow | ₹2.5 Cr | -₹1.85 Cr |
| Financing Cash Flow | -₹78.72 Lakh | -₹15.2 Lakh |
| Capital Expenditure | ₹0 | ₹0 |
| Free Cash Flow (computed) | ₹1.62 Cr | -₹70.6 Lakh |
| Dividends Paid | ₹0 | ₹0 |
| Net Change in Cash | ₹3.34 Cr | -₹2.7 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹8.06 Cr | ₹2.59 Cr | ₹2.75 Cr | ₹1.04 Cr | ₹37.05 Cr | ₹12.03 Cr | ₹17.73 Cr | ₹18.74 Cr |
| Other Income | ₹32.94 Lakh | ₹12.47 Lakh | ₹14.9 Lakh | ₹10.98 Lakh | ₹47.65 Lakh | ₹10.29 Lakh | ₹10.76 Lakh | ₹12.11 Lakh |
| Total Income | ₹8.39 Cr | ₹2.72 Cr | ₹2.9 Cr | ₹1.15 Cr | ₹37.53 Cr | ₹12.13 Cr | ₹17.84 Cr | ₹18.86 Cr |
| Cost of Materials Consumed | ₹4.69 Cr | ₹1.74 Cr | ₹1.6 Cr | ₹81.64 Lakh | ₹27.58 Cr | ₹6.6 Cr | ₹11.9 Cr | ₹13.31 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹2.15 Cr | ₹21.2 Lakh | ₹62.23 Lakh | ₹14.49 Lakh | -₹97.33 Lakh | ₹3.98 Cr | ₹18.94 Lakh | -₹23.04 Lakh |
| Employee Benefit Expense | ₹18.59 Lakh | ₹19.4 Lakh | ₹17.75 Lakh | ₹19 Lakh | ₹55.66 Lakh | ₹16.72 Lakh | ₹17.53 Lakh | ₹16.47 Lakh |
| Finance Costs | ₹16.85 Lakh | ₹31.46 Lakh | ₹24.83 Lakh | ₹25.22 Lakh | ₹72.4 Lakh | ₹23.11 Lakh | ₹34.69 Lakh | ₹17.32 Lakh |
| Depreciation & Amortisation | ₹0 | ₹0 | ₹0 | ₹0 | - | ₹0 | ₹0 | ₹0 |
| Other Expenses | ₹1.67 Cr | ₹75.88 Lakh | ₹55.24 Lakh | ₹21.59 Lakh | ₹10.02 Cr | ₹1.84 Cr | ₹4.83 Cr | ₹4.93 Cr |
| Total Expenses | ₹8.85 Cr | ₹3.22 Cr | ₹3.2 Cr | ₹1.62 Cr | ₹37.91 Cr | ₹12.81 Cr | ₹17.44 Cr | ₹18.34 Cr |
| Profit Before Exceptional Items & Tax | -₹46.76 Lakh | -₹49.72 Lakh | -₹30.13 Lakh | -₹46.79 Lakh | - | -₹68.19 Lakh | ₹39.89 Lakh | ₹51.57 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | - | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹46.76 Lakh | -₹49.72 Lakh | -₹30.13 Lakh | -₹46.79 Lakh | -₹38.26 Lakh | -₹68.19 Lakh | ₹39.89 Lakh | ₹51.57 Lakh |
| Total Tax Expense | -₹6.03 Lakh | -₹12.52 Lakh | -₹4.31 Lakh | -₹10.62 Lakh | ₹17.16 Lakh | -₹17.16 Lakh | ₹14.41 Lakh | ₹8.61 Lakh |
| Net Profit | -₹40.73 Lakh | -₹37.2 Lakh | -₹25.82 Lakh | -₹36.17 Lakh | -₹55.42 Lakh | -₹51.03 Lakh | ₹25.48 Lakh | ₹42.96 Lakh |
| Other Comprehensive Income | -₹2,000 | -₹9,000 | -₹14,000 | -₹6,000 | - | -₹6,000 | -₹6,000 | -₹6,000 |
| Total Comprehensive Income | -₹40.75 Lakh | -₹37.29 Lakh | -₹25.96 Lakh | -₹36.23 Lakh | - | -₹51.09 Lakh | ₹25.42 Lakh | ₹42.9 Lakh |
| EBITDA (computed) | -₹29.91 Lakh | -₹18.26 Lakh | -₹5.3 Lakh | -₹21.57 Lakh | - | -₹45.08 Lakh | ₹74.58 Lakh | ₹68.89 Lakh |
| Basic EPS | ₹-0.38 | ₹-0.35 | ₹-0.24 | ₹-0.34 | - | ₹-0.48 | ₹0.24 | ₹0.40 |
| Diluted EPS | ₹-0.38 | ₹-0.35 | ₹-0.24 | ₹-0.34 | - | ₹-0.48 | ₹0.24 | ₹0.40 |
Shareholding Pattern of Globale Tessile Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 65.43%, foreign institutional investors hold 0.07%, domestic institutional investors hold 0.08%, retail and other public shareholders hold 34.42% of Globale Tessile Limited. The company had 6,371 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 65.43% | 65.43% | 65.43% | 64.80% | 64.80% | 64.80% |
| Public | 34.57% | 34.57% | 34.57% | 35.20% | 35.20% | 35.20% |
| Mar 2026 | Mar 2025 | |
|---|---|---|
| Promoters | 65.43% | 64.80% |
| Public | 34.57% | 35.20% |
| Promoter change (YoY, %pts) | +0.63 | - |
Board & Governance of Globale Tessile Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Globale Tessile Limited has 6 directors - 3 independent and 1 executive. The board is chaired by JEETMAL BHOORCHAND PAREKH.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| JEETMAL BHOORCHAND PAREKH | Executive Director · MD · Chairperson | 2017-08-01 | 3 |
| RAHUL JEETMAL PAREKH | Non-Executive - Non Independent Director | 2017-08-01 | 3 |
| ANAND JEETMAL PAREKH | Non-Executive - Non Independent Director | 2022-11-14 | 3 |
| SANGITA SHINGI | Non-Executive - Independent Director | 2024-04-18 | 5 |
| NEHAL MAYUR SHAH | Non-Executive - Independent Director | 2024-04-18 | 3 |
| INDRA BALVEERMAL SINGHVI | Non-Executive - Independent Director | 2024-04-18 | 2 |
| Committee | Members |
|---|---|
| Audit Committee | INDRA BALVEERMAL SINGHVI (Chairperson), ANAND JEETMAL PAREKH, NEHAL MAYUR SHAH, SANGITA SHINGI |
| Nomination and remuneration committee | SANGITA SHINGI (Chairperson), JEETMAL BHOORCHAND PAREKH, INDRA BALVEERMAL SINGHVI |
| Stakeholders Relationship Committee | NEHAL MAYUR SHAH (Chairperson), RAHUL JEETMAL PAREKH, ANAND JEETMAL PAREKH |
| Risk Management Committee | ANAND JEETMAL PAREKH (Chairperson), RAHUL JEETMAL PAREKH, NEHAL MAYUR SHAH |
| Corporate Social Responsibility Committee | RAHUL JEETMAL PAREKH (Chairperson), ANAND JEETMAL PAREKH, SANGITA SHINGI |
| Share Tansfer Committee | RAHUL JEETMAL PAREKH (Chairperson), JEETMAL BHOORCHAND PAREKH, ANAND JEETMAL PAREKH |
Charges & Borrowings of Globale Tessile Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Sep 2024 | Others | ₹7.3 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Globale Tessile Limited
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Employee Count & EPFO Data of Globale Tessile Limited
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GST Compliance of Globale Tessile Limited
GSTIN & GST Filing Data of Globale Tessile Limited
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Credit Ratings, Litigation & Regulatory Alerts for Globale Tessile Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Globale Tessile Limited
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MSME Payment Delays by Globale Tessile Limited
MSME Payment Delays by Globale Tessile Limited
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Subsidiaries & Group Companies of Globale Tessile Limited
Subsidiaries & Group Companies of Globale Tessile Limited
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MCA Filings & Documents of Globale Tessile Limited
MCA Filings & Documents of Globale Tessile Limited
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Recent Activity on Globale Tessile Limited
Frequently Asked Questions about Globale Tessile Limited
Globale Tessile Limited is an active public limited company in the manufacturing sector based in Ahmedabad, Gujarat, India. It was incorporated on 01 August 2017 (9+ years old) and is registered under CIN L17299GJ2017PLC098506.
Globale Tessile Limited reported revenue of ₹54.74 Cr for FY 2024 (up 1794.85% YoY).
The current directors of Globale Tessile Limited are:
- Rahul Jeetmal Parekh
- Anand Jeetmal Parekh
- Nehal Mayurbhai Shah
- Dhaval Nagar
- Jeetmal Bhoorchand Parekh
- Sangita Shingi
- Indra Balveermal Singhvi
- Rakshit Kumar
- Dhaval Dharmendrabhai Nagar
- Sumitkumar Sushilkumar Agarwal
- Palak N Bhavsar
The primary industry of Globale Tessile Limited is manufacturing. The company specifically operates in textile and fabric production. The company is currently active in this sector.
Yes, Globale Tessile Limited is a listed company.
Yes, Globale Tessile Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).