Globesecure Tech

Which are the latest news on Globesecure Tech?

Why is Globesecure Technologies Ltd falling/rising?

As of 03-Jun, Globesecure Technologies Ltd's stock price is at 20.45, down 1.92%. Despite strong year-to-date and annual gains, recent short-term declines and volatility are affecting its current performance.

As of 03-Jun, Globesecure Technologies Ltd's stock price is currently at 20.45, reflecting a decrease of 0.4, or 1.92%. This decline can be attributed to several factors. Over the past week, the stock has underperformed with a decrease of 0.97%, while the benchmark Sensex fell by 2.10%. In the last month, the stock has experienced a significant drop of 28.25%, compared to a smaller decline of 2.47% in the Sensex.<BR><BR>Despite the recent downturn, the stock has shown strong performance year-to-date, with an increase of 41.52%, and a notable rise of 59.77% over the past year. However, the three-year performance indicates a substantial decline of 77.06%, contrasting sharply with the Sensex's growth of 26.28% during the same period.<BR><BR>Today's trading activity shows that the stock has outperformed its sector by 4.64%. Additionally, there has been a rise in investor participation, with a delivery volume increase of 58.23% against the five-day average, suggesting a growing interest among investors. The stock's liquidity remains adequate for trading, as it is based on 2% of the five-day average traded value.<BR><BR>In summary, while Globesecure Technologies Ltd has shown strong long-term performance, recent short-term declines in price and significant volatility may be contributing to the current downward movement in its stock price.

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.

How big is Globesecure Tech?

As of 23rd July, Globesecure Technologies Ltd has a market capitalization of 22.00 Cr, categorizing it as a Micro Cap company. Recent financial data, including Net Sales and Net Profit, is unavailable, with Shareholder's Funds at 21.16 Cr and Total Assets at 34.68 Cr as of March 2024.

As of 23rd July, Globesecure Technologies Ltd has a market capitalization of 22.00 Cr, which categorizes it as a Micro Cap company.<BR><BR>There is no valid financial data available for the latest quarterly performance, including Net Sales and Net Profit for the latest four quarters.<BR><BR>The reporting period for the balance sheet is March 2024, with Shareholder's Funds amounting to 21.16 Cr and Total Assets valued at 34.68 Cr.

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.

Who are the peers of the Globesecure Tech?

Globesecure Tech's peers include California Soft., Cyber Media Res., Quadpro ITeS, Niks Technology, Starcom Info., Sancode Tech., Covance Softsol, AccelerateBS Ind, and Senthil Infotek. In terms of performance, Niks Technology has the highest 1-year return at 0.00%, while Globesecure Tech has a significantly lower return of -69.39%.

Peers: The peers of Globesecure Tech are California Soft., Cyber Media Res., Quadpro ITeS, Niks Technology, Starcom Info., Sancode Tech., Covance Softsol, AccelerateBS Ind, and Senthil Infotek.<BR><BR>Quality Snapshot: Excellent management risk is observed at Covance Softsol, while Good management risk is found at Cyber Media Res. Average management risk is noted at California Soft. and Niks Technology, and the rest have Below Average management risk. Growth is Excellent at Covance Softsol, while Average growth is seen at Niks Technology and Sancode Tech. Below Average growth is observed at Cyber Media Res., Globesecure Tech, Quadpro ITeS, and AccelerateBS Ind, and the rest do not qualify. Capital Structure is Good at Niks Technology and Covance Softsol, Average at Quadpro ITeS, and Below Average at California Soft., Globesecure Tech, Sancode Tech, and AccelerateBS Ind, while the rest do not qualify.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Niks Technology at 0.00%, while the peer with the lowest is Cyber Media Res. at -44.75%. Globesecure Tech's 1-year return is -69.39%, which is significantly lower than all peers. Additionally, the six-month return is negative for California Soft., Cyber Media Res., Quadpro ITeS, and AccelerateBS Ind.

Who are in the management team of Globesecure Tech?

As of March 2021, the management team of Globesecure Tech includes Ragavan Rajkumar (Chairman & Managing Director), Sonam Sehebrao Kale, Ajay Kumar Verma (both Executive Directors), and three Independent Directors: S K Agrawal, Gopala Ramaratnam, and Asheesh Kamalakanta Chatterjee, along with Heta Dipen Desai as Company Secretary.

As of March 2021, 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>Each member of the management team plays a crucial role in the governance and operational oversight of the company.

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