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Globale Tessile balance sheet is weak and might have solvency issues
Yes, The debt of Globale Tessile is increasing.
Latest debt of Globale Tessile is -₹2.93 Crs as of Mar-25.
This is greater than Mar-24 when it was -₹4.48 Crs.
No, profit is decreasing.
The profit of Globale Tessile is -₹0.88 Crs for TTM, -₹0.77 Crs for Mar 2025 and ₹0.5 Crs for Mar 2024.
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Globale Tessile latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are majorly tied in miscellaneous assets