Globesecure Tech

Why is Globesecure Technologies Ltd falling/rising?

As of 24-Jun, Globesecure Technologies Ltd's stock is declining by 1.85% despite a positive monthly return of 3.62% and a year-to-date gain of 28.72%. The stock shows mixed signals, trading above some moving averages but below others, amid negative market sentiment.

As of 24-Jun, Globesecure Technologies Ltd's stock price is currently falling, as indicated by a change of -0.35, which represents a decline of 1.85%. This downward movement occurs despite the stock's recent performance, where it has shown a positive return of 3.62% over the past month and an impressive 28.72% year-to-date. However, the stock has underperformed in the last week, with a decrease of 3.63%, while the benchmark Sensex has only fallen by 0.27% during the same period.<BR><BR>Additionally, while the stock is currently trading above its 5-day and 200-day moving averages, it is below its 20-day, 50-day, and 100-day moving averages, suggesting mixed signals regarding its short-term performance. Despite a rise in investor participation, with delivery volume increasing by 58.23% against the 5-day average, the overall market sentiment appears to be negative at this moment, contributing to the stock's decline.

Which are the latest news on Globesecure Tech?

How big is Globesecure Tech?

As of 10th June, Globesecure Technologies Ltd has a market capitalization of 35.00 Cr, classifying it as a Micro Cap company, with Shareholder's Funds of 45.61 Cr and Total Assets of 60.90 Cr reported as of March 2025. There is no valid financial data available for Net Sales and Net Profit for the latest four quarters.

As of 10th June, <BR><BR>Market Cap: Globesecure Technologies Ltd has a market capitalization of 35.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: There is no valid financial data available for Net Sales and Net Profit for the latest four quarters.<BR><BR>Balance Sheet Snapshot: The latest reporting period is March 2025, with Shareholder's Funds amounting to 45.61 Cr and Total Assets totaling 60.90 Cr.

Who are in the management team of Globesecure Tech?

The management team of Globesecure Tech includes Ragavan Rajkumar (Chairman & Managing Director), Sonam Sehebrao Kale, Ajay Kumar Verma (both Executive Directors), and independent directors S K Agrawal, Gopala Ramaratnam, Asheesh Kamalakanta Chatterjee, along with Heta Dipen Desai as Company Secretary. They oversee the company's operations and strategic direction.

The management team of Globesecure Tech includes the following individuals:<BR><BR>1. **Ragavan Rajkumar** - Chairman & Managing Director<BR>2. **Sonam Sehebrao Kale** - Executive Director<BR>3. **Ajay Kumar Verma** - Executive Director<BR>4. **S K Agrawal** - Independent Director<BR>5. **Gopala Ramaratnam** - Independent Director<BR>6. **Asheesh Kamalakanta Chatterjee** - Independent Director<BR>7. **Heta Dipen Desai** - Company Secretary<BR><BR>This team is responsible for overseeing the operations and strategic direction of the company.

Who are the peers of the Globesecure Tech?

Globesecure Tech's peers include Quicktouch Tech, Vertexplus Tech, GSS Infotech, Mindpool Tech, Micropro Softwar, Infonative Solu, AccelerateBS Ind, Ram Info, and Bodhtree Consul. Globesecure Tech outperforms its peers with a 1-year return of 69.49%, while several peers show negative returns.

Peers: The peers of Globesecure Tech are Quicktouch Tech, Vertexplus Tech, GSS Infotech, Mindpool Tech, Micropro Softwar, Infonative Solu, AccelerateBS Ind, Ram Info, and Bodhtree Consul.<BR><BR>Quality Snapshot: Below Average management risk is observed at Globesecure Tech, Vertexplus Tech, GSS Infotech, Mindpool Tech, Micropro Softwar, and Bodhtree Consul, while Average management risk is found at Quicktouch Tech and Ram Info. Good management risk is noted at Infonative Solu and AccelerateBS Ind. For growth, Below Average is seen at Globesecure Tech, Quicktouch Tech, Vertexplus Tech, GSS Infotech, Micropro Softwar, and Bodhtree Consul, while Average growth is observed at Mindpool Tech and Infonative Solu. The Capital Structure is rated as Below Average for Globesecure Tech, Vertexplus Tech, GSS Infotech, Mindpool Tech, Micropro Softwar, and Bodhtree Consul, Good for Quicktouch Tech, Infonative Solu, and Ram Info, and Average for AccelerateBS Ind.<BR><BR>Return Snapshot: Globesecure Tech has a 1-year return of 69.49%, while GSS Infotech has the lowest at -65.92% and Quicktouch Tech has the highest at -60.76%, indicating that Globesecure Tech significantly outperforms its peers. Additionally, Quicktouch Tech, Vertexplus Tech, GSS Infotech, and Micropro Softwar all have negative six-month returns.

How has been the historical performance of Globesecure Tech?

Globesecure Tech has experienced a significant decline in financial performance, with net sales dropping from 25.83 Cr in March 2023 to 16.91 Cr in March 2025, resulting in negative operating profit and losses in profit before and after tax. The company's financial health is further indicated by negative cash flow from operations of -24.00 Cr in March 2025.

Answer:<BR>Globesecure Tech has shown a declining trend in its financial performance over the past few years, particularly in the fiscal year ending March 2025.<BR><BR>Breakdown:<BR>In the fiscal year ending March 2025, Globesecure Tech reported net sales of 16.91 Cr, a significant decrease from 23.89 Cr in March 2024 and 25.83 Cr in March 2023. The total operating income mirrored this decline, falling to 16.91 Cr from 23.89 Cr in the previous year. The company's total expenditure, excluding depreciation, was 18.07 Cr in March 2025, down from 21.46 Cr in March 2024. This resulted in an operating profit (PBDIT) of -1.15 Cr for March 2025, contrasting sharply with the positive operating profits of previous years. Consequently, the profit before tax also turned negative at -2.96 Cr, leading to a profit after tax of -2.87 Cr. The company's earnings per share (EPS) fell to -1.8 in March 2025, down from 1.04 in March 2024. On the balance sheet, total assets increased to 60.90 Cr in March 2025 from 34.68 Cr in March 2024, while total liabilities also rose to 60.90 Cr from 34.68 Cr, indicating a deterioration in financial health. The cash flow from operating activities was notably negative at -24.00 Cr for March 2025, reflecting ongoing challenges in generating cash from core operations. Overall, the financial data indicates a troubling trend for Globesecure Tech, characterized by declining revenues, increasing losses, and a challenging cash flow situation.

What does Globesecure Tech do?

Globesecure Technologies Ltd is a Micro Cap company in the Computers - Software & Consulting industry, originally incorporated in 2016 and transitioned to a public company in 2019. Financial data is limited, with a market cap of INR 22 Cr and a debt-equity ratio of 0.41.

Overview: <BR>Globesecure Technologies Ltd operates in the Computers - Software & Consulting industry and is categorized as a Micro Cap company.<BR><BR>History: <BR>Globesecure Technologies Ltd was originally incorporated as "Globesecure Technologies Private Limited" in 2016. It transitioned to a Public Limited Company and changed its name to "Globesecure Technologies Limited" on August 2, 2019. Revenue and profit data for the latest quarter are not available.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: N/A <BR>Most recent Net Profit: N/A <BR>Market-cap value: INR 22 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: N/A <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.41 <BR>Return on Equity: -13.57% <BR>Price-to-Book: 1.08<BR><BR>Contact Details: <BR>Registrar Address: Not available. <BR>Phone: Not available. <BR>Email: Not available. <BR>Website: Not available.

Who are the top shareholders of the Globesecure Tech?

The top shareholder of Globesecure Tech is Ragavan Rajkumar with an 18.7% stake, while individual investors collectively hold 65.38% of the shares. Kirti S Asrani is the largest public shareholder at 3.14%, and there are no mutual funds or foreign institutional investors involved.

The top shareholders of Globesecure Tech include Ragavan Rajkumar, who holds the highest stake at 18.7%. The majority of the company's shares are held by individual investors, accounting for 65.38% of the total holdings. Additionally, Kirti S Asrani is the highest public shareholder with a 3.14% stake. The company does not have any mutual funds or foreign institutional investors holding shares.

Is Globesecure Tech overvalued or undervalued?

As of June 2, 2025, Globesecure Tech has been downgraded to a risky valuation grade due to poor financial metrics, including a PE ratio of -6.83 and an EV to EBITDA of -24.43, indicating it is overvalued and underperforming compared to peers like Tata Consultancy Services and Infosys, with a year-to-date return of -60.3% versus the Sensex's 6.24%.

As of 2 June 2025, the valuation grade for Globesecure Tech has moved from does not qualify to risky, indicating a significant downgrade in its investment appeal. The company appears to be overvalued based on its financial metrics, with a PE ratio of -6.83, an EV to EBITDA ratio of -24.43, and a ROE of -13.57%. These ratios reflect poor profitability and negative earnings, which are concerning for potential investors.<BR><BR>In comparison to its peers, Globesecure Tech's valuation metrics starkly contrast with those of Tata Consultancy Services Ltd., which has a PE ratio of 25.23 and an EV to EBITDA of 17.63, and Infosys Ltd., with a PE of 24.32 and an EV to EBITDA of 15.83. This suggests that Globesecure Tech is not only underperforming relative to its industry but also carries a higher risk profile. Additionally, the company's stock has significantly underperformed the Sensex, with a year-to-date return of -60.3% compared to the Sensex's 6.24%, reinforcing the notion that it is overvalued in the current market environment.

What is the technical trend for Globesecure Tech?

As of May 20, 2025, Globesecure Tech's technical trend is mildly bearish, with mixed signals from the MACD and bearish indicators from Bollinger Bands and moving averages across various time frames.

As of 20 May 2025, the technical trend for Globesecure Tech has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, but the monthly MACD is mildly bearish, suggesting mixed signals across time frames. The Bollinger Bands are bearish for both weekly and monthly periods, and the daily moving averages are also bearish. The KST is bearish on the weekly chart, while the Dow Theory reflects a mildly bearish outlook for both weekly and monthly time frames. Overall, the current technical stance is mildly bearish, with key indicators such as the moving averages and Bollinger Bands contributing to this assessment.

When is the next results date for Globesecure Tech?

No Upcoming Board Meetings

Has Globesecure Tech declared dividend?

No Dividend History Available