GICL
Globe International Carriers financials
- Market cap
- ₹272 Cr
- Sector
- Services
What Globe International Carriers Limited does
Globe International Carriers Limited is engaged in the logistics and transportation business under its main objects. It operates through a wholly-owned subsidiary, Intraglobe Green Energy Private Limited (formerly Intraglobe Transport Solutions Private Limited), which is engaged in the solar power business. The company has also proposed amending its own memorandum of association to directly undertake generation, transmission and supply of solar and other renewable energy, to create synergies with this subsidiary.
Segments
- Logistics & Transportation
- Solar / Renewable Energy
- Wholly-owned subsidiaries
- 1 (Intraglobe Green Energy Pvt. Ltd. — solar power)
Quarterly results
Q1 FY27: revenue up 5.0%, net profit up 11.7% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 39 | 38 | 48 | 35 | 38 −5% | 47 +23% | 55 +14% | 37 +5% |
| EBITDA | 1 | 3 | 3 | 3 | 4 +171% | 10 +277% | 3 −26% | 4 +11% |
| Net profit | 0 | 2 | 2 | 1 | 2 +280% | 7 +352% | 2 −27% | 2 +12% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −79.6% 1Y
1Y: ₹121.5 on 10 Sept 2025 → ₹24.74. High ₹176.4 (10 Oct 2025), low ₹16.23 (27 Jul 2026).
Financials, as filed
Revenue grew 11.7% a year over 1 year, FY25 to FY26. Operating margin widened to 11.1%.
| Year ending | FY25 | FY26 |
|---|---|---|
| Revenue | ₹157 Cr | ₹175 Cr |
| Operating profit | ₹9 Cr | ₹19 Cr |
| Operating margin | 5.8% | 11.1% |
| Interest | ₹2 Cr | ₹5 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr |
| Net profit | ₹5 Cr | ₹12 Cr |
| Net margin | 3.2% | 6.6% |
| Cash from operations | ₹10 Cr | ₹17 Cr |
| Free cash flow | ₹10 Cr | ₹14 Cr |
| ROCE | 11.0% | 16.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹10 Cr | ₹10 Cr | ₹20 Cr | ₹25 Cr | ₹28 Cr | ₹56 Cr |
| Reserves | ₹15 Cr | ₹16 Cr | ₹8 Cr | ₹29 Cr | ₹64 Cr | ₹42 Cr |
| Borrowings | ₹18 Cr | ₹20 Cr | ₹20 Cr | ₹20 Cr | ₹27 Cr | ₹48 Cr |
| Other liabilities | ₹5 Cr | ₹17 Cr | ₹12 Cr | ₹8 Cr | ₹10 Cr | ₹57 Cr |
| Total liabilities | ₹48 Cr | ₹64 Cr | ₹60 Cr | ₹83 Cr | ₹129 Cr | ₹203 Cr |
| Fixed assets | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹2 Cr | ₹1 Cr | ₹55 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹29 Cr | ₹1 Cr |
| Other assets | ₹47 Cr | ₹62 Cr | ₹59 Cr | ₹81 Cr | ₹98 Cr | ₹148 Cr |
| Total assets | ₹48 Cr | ₹64 Cr | ₹60 Cr | ₹83 Cr | ₹129 Cr | ₹203 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public trimmed −0.48 pp while promoters added +0.47 pp. The shareholder count grew 295% to 5,812.
- Promoters
- 64.0%
- FIIs
- 0.0%
- Public
- 36.0%
Since Jun 2025
- Public −0.48 pp
- Promoters +0.47 pp
- FIIs +0.01 pp
How it drifted, 12 quarters
Over this window promoters fell from 74.2% to 64.0% — −10.2 pp.
Ownership split by quarter, oldest first. Sep '22: Promoters 74.2%, Public 25.8%.Nov '22: Promoters 74.2%, Public 25.8%.Mar '23: Promoters 70.8%, Public 29.2%.Sep '23: Promoters 70.8%, Public 29.2%.Mar '24: Promoters 58.1%, Public 41.9%.Sep '24: Promoters 58.7%, Public 41.3%.Mar '25: Promoters 59.0%, Public 41.0%.Jun '25: Promoters 63.5%, Public 36.5%.Sep '25: Promoters 63.5%, DIIs 0.0%, Public 36.5%.Dec '25: Promoters 63.5%, Public 36.5%.Mar '26: Promoters 63.5%, FIIs 0.0%, Public 36.5%.Jun '26: Promoters 64.0%, FIIs 0.0%, Public 36.0%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Govind Kripa Enclave Llp +0.44 pp 4.79% held
- Manish Kumar Huf . +0.11 pp 1.30% held
The same filing shows 0 holders trimming and 2 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Globe International Carriers Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Subhash Agrawal | 37.60% | unchanged |
| Surekha Agrawal | 16.33% | unchanged |
| Govind Kripa Enclave Llp | 4.79% | +0.44 pp |
| Saloni Agrawal | 2.53% | unchanged |
| Shubham Agrawal | 2.41% | unchanged |
| Inventure Growth & Securities Limited | 2.19% | unchanged |
| Rj01 Marketeers Private | 1.66% | unchanged |
| Manish Kumar Huf . | 1.30% | +0.11 pp |
| Shivam Agrawal | 0.30% | unchanged |
| Subhash Agrawal Huf | 0.00% | unchanged |
| Naresh Goel | — | off the list |
| Mona Shrenik Shah | — | off the list |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
What the price assumes
AttractiveTo justify its price of ₹25, this stock must grow earnings at 18% every year for 7 years. Our analysis caps realistic growth at ~105%. At that growth it is worth ₹918 — upside of 3611%.
- Growth the price implies
- 18.3% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 104.8% a year
- net profit, FY25–FY26
- The gap
- -0.9 pp
- 3611% downside if it only repeats history
Learn to analyse Globe International Carriers Limited
Guides on how to read this kind of business and the numbers that matter.