Globesecure Tech

Why is Globesecure Technologies Ltd falling/rising?

As of 01-Sep, Globesecure Technologies Ltd's stock price is at 12.00, down 1.23%, with significant declines over the past week (11.11%) and month (23.57%). The stock has underperformed its sector and is trading below all moving averages, indicating a bearish trend despite increased investor participation.

As of 01-Sep, Globesecure Technologies Ltd's stock price is falling, currently at 12.00, reflecting a decrease of 0.15 or 1.23%. This decline is evident in the stock's performance over various periods, showing a significant drop of 11.11% over the past week and a staggering 23.57% over the past month. Year-to-date, the stock has decreased by 16.96%, while it has shown a modest increase of 2.13% over the past year. However, the three-year performance is concerning, with a dramatic decline of 89.61%, contrasting sharply with the Sensex's growth of 23.77% in the same period.<BR><BR>Today's performance indicates that Globesecure Technologies Ltd has underperformed its sector by 2.48%. Additionally, the stock is trading below its moving averages across all time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically signals a bearish trend. Despite a rise in investor participation, with delivery volume increasing by 75% on August 31 compared to the 5-day average, the overall liquidity remains low, indicating that the stock is not attracting sufficient buying interest to counteract the downward pressure on its price.

Which are the latest news on Globesecure Tech?

Who are in the management team of Globesecure Tech?

The management team of Globesecure Tech includes Ragavan Rajkumar (Chairman & Managing Director), Sonam Sehebrao Kale and Ajay Kumar Verma (Executive Directors), and three Independent Directors: S K Agrawal, Gopala Ramaratnam, and Asheesh Kamalakanta Chatterjee, along with Heta Dipen Desai as Company Secretary.

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>If you need more details about any specific member or their roles, feel free to ask!

What does Globesecure Tech do?

Globesecure Technologies Ltd specializes in IT security products and services, classified as a Micro Cap company with a market cap of INR 20 Cr. It was incorporated in 2016 and became a public company in 2019, but currently has no reported sales or profit data.

Overview: <BR>Globesecure Technologies Ltd is engaged in the business of IT Security products and related services, operating within the Computers - Software & Consulting industry and classified 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. There is no recent sales or profit data reported.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: N/A <BR>Most recent Net Profit: N/A <BR>Market-cap value: INR 20 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 22 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.15 <BR>Return on Equity: -0.62% <BR>Price to Book: 0.45 <BR><BR>Contact Details: <BR>No Company Details Available <BR>Registrar Address: Not available.

Who are the peers of the Globesecure Tech?

Globesecure Tech's peers include Micropro Softwar, Yudiz Solutions, Quicktouch Tech, Cyber Media Res., Tridhya Tech, Sylph Industries, Senthil Infotek, Globtier Infotec, and Benchmark Comp. Globesecure Tech has the highest 1-year return at 1.67%, while several peers show negative six-month returns.

Peers: The peers of Globesecure Tech are Micropro Softwar, Yudiz Solutions, Quicktouch Tech, Cyber Media Res., Tridhya Tech, Sylph Industries, Senthil Infotek, Globtier Infotec, and Benchmark Comp.<BR><BR>Quality Snapshot: Good management risk is observed at Cyber Media Res. and Globtier Infotec, while Average management risk is found at Quicktouch Tech and Benchmark Comp. Below Average management risk is noted at Micropro Softwar, Yudiz Solutions, Globesecure Tech, Tridhya Tech, Sylph Industries, and Senthil Infotek. Excellent growth is seen at Sylph Industries, while Below Average growth is present at Micropro Softwar, Yudiz Solutions, Quicktouch Tech, Cyber Media Res., Globesecure Tech, Tridhya Tech, and Benchmark Comp. Average capital structure is noted at Micropro Softwar and Quicktouch Tech, while Good capital structure is observed at Cyber Media Res. and Globtier Infotec, and Below Average capital structure is found at Yudiz Solutions, Globesecure Tech, Tridhya Tech, Sylph Industries, Benchmark Comp., and Senthil Infotek.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Globesecure Tech at 1.67%, while the peer with the lowest is Quicktouch Tech at N/A. Globesecure Tech's 1-year return is higher than that of Quicktouch Tech. Additionally, peers with negative six-month returns include Micropro Softwar, Yudiz Solutions, Quicktouch Tech, Cyber Media Res., Tridhya Tech, and Benchmark Comp.

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.

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.

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