---
title: "Globesecure Technologies (9768) — Share Price, Financials & Analysis"
symbol: "9768"
company: "Globesecure Technologies"
canonical: "https://tapetide.com/stocks/9768"
isin: "INE00WS01056"
nse_symbol: "GSTL"
sector: "Information Technology"
industry: "IT Enabled Services"
market_cap_cr: 16.74
generated_at: "2026-09-13T20:19:23.126Z"
---

# Globesecure Technologies (9768)

Canonical page: https://tapetide.com/stocks/9768

## Company

- **NSE Symbol:** GSTL
- **ISIN:** INE00WS01056
- **Sector:** Information Technology
- **Industry:** IT Enabled Services
- **Stock Type:** EQUITY
- **Listed Since:** 2022-06-02
- **F&O Eligible:** No

## Latest Price

- **Price:** ₹10.95
- **Change:** -0.1 (-0.9%)
- **Open:** ₹10.55
- **Day High:** ₹10.95
- **Day Low:** ₹10.5
- **Previous Close:** ₹11.05
- **Volume:** 22000
- **As Of:** 2026-09-11T09:59:28+00:00

## Key Fundamentals

Observed at 2026-09-11T04:36:08.132766Z.

- **Market Cap:** ₹16.74 Cr
- **Classification:** SME
- **P/E (reported):** -65
- **Book Value:** ₹28.44
- **Price to Book:** 0.39
- **Dividend Yield:** 0%
- **ROE:** -6.29%
- **ROCE:** -4.35%
- **Debt to Equity:** 0.16
- **Revenue (yearly):** ₹20.7 Cr
- **Net Income:** ₹-0.3 Cr
- **EBITDA:** ₹1.23 Cr
- **52-Week High:** ₹13.9
- **52-Week Low:** ₹10.85
- **RSI (14):** 29.4

## Tapetide Score

- **Score:** 37 / 100
- **Score date:** 2026-09-04
- **Archetype:** Weak and Under Pressure
- **What it means:** Weak financials are the defining feature, and neither the valuation nor the trend reading is strong enough to offset them. Worth reading the risk flags and recent filings closely before anything else.
- **Pillar profile:** Quality: Weak · Valuation: Expensive · Momentum: Falling
- **Percentile:** 8.7 (of 4473 scored stocks)
- **Confidence:** 84%
- **Data coverage:** 67%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 36.48 | 9% |
| growth | 13.19 | 9% |
| momentum | 8.62 | 12% |
| ownership | 50 | 24% |
| quality | 36.36 | 22% |
| valuation | 43.11 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | — | -340.66% | -651.83% |
| ebitda margin growth | -187.19% | -58.22% | -40.32% |
| net income growth | -89.66% | -130% | -130% |
| revenue growth | 22.49% | -14% | -2% |
| roce | -141.79% | -133.08% | 11.19% |
| roe | -231.59% | 2.24% | -162.34% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 3.05 | 23.32 | 5.54 | 20.29 | 10.05 | 13.83 | 10.52 | 6.38 | 7.88 |
| Expenses | 2.51 | 21.45 | 4.58 | 17.83 | 8.76 | 12.71 | 9.1 | 8.95 | 7.98 |
| Operating Profit | 0.54 | 1.87 | 0.96 | 2.46 | 1.29 | 1.12 | 1.42 | -2.57 | -0.1 |
| OPM % | 17.7 | 8.02 | 17.33 | 12.12 | 12.84 | 8.1 | 13.5 | -40.28 | -1.27 |
| Other Income | 0.03 | 0.21 | 0.01 | 0 | 0 | 1.13 | 0.01 | 0 | -0.01 |
| Interest | 0.4 | 0.33 | 0.41 | 0.3 | 0.44 | 0.57 | 0.71 | 0.24 | 0.46 |
| Depreciation | 0.02 | 0.37 | 0.23 | 0.28 | 0.54 | 0.52 | 0.42 | 0.45 | 0.34 |
| Profit before tax | 0.15 | 1.38 | 0.33 | 1.88 | 0.31 | 1.16 | 0.3 | -3.26 | -0.91 |
| Tax % | 26.67 | 35.51 | -18.18 | 32.45 | 35.48 | 31.03 | 20 | -4.6 | -2.2 |
| Net Profit | 0.11 | 0.89 | 0.39 | 1.26 | 0.21 | 0.8 | 0.24 | -3.11 | -0.89 |
| EPS in Rs | 0.12 | 0.91 | 0.25 | 0.79 | 0.13 | 0.5 | 0.15 | -1.95 | -0.56 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 9.92 | 19.18 | 18.88 | 26.37 | 25.83 | 23.89 | 16.91 | 14.26 |
| Expenses | 8.87 | 18.02 | 17.06 | 23.98 | 22.43 | 21.47 | 18.07 | 16.93 |
| Operating Profit | 1.05 | 1.16 | 1.82 | 2.39 | 3.4 | 2.42 | -1.16 | -2.67 |
| OPM % | 10.58 | 6.05 | 9.64 | 9.06 | 13.16 | 10.13 | -6.86 | -18.72 |
| Other Income | 0.51 | 0.06 | 0.07 | 0.24 | 0.02 | 1.13 | 0.01 | -0.01 |
| Interest | 0.66 | 1 | 0.79 | 0.72 | 0.71 | 1.01 | 0.95 | 0.7 |
| Depreciation | 0.04 | 0.03 | 0.04 | 0.39 | 0.51 | 1.06 | 0.87 | 0.79 |
| Profit before tax | 0.86 | 0.19 | 1.06 | 1.52 | 2.2 | 1.48 | -2.97 | -4.17 |
| Tax % | 29.07 | 31.58 | 29.25 | 34.87 | 25 | 31.76 | -3.03 | — |
| Net Profit | 0.62 | 0.12 | 0.75 | 1 | 1.66 | 1.01 | -2.87 | -4 |
| EPS in Rs | 0.91 | 0.14 | 0.85 | 1.02 | 1.04 | 0.64 | -1.8 | -2.51 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 3.92 | 5 | 5 | 5.62 | 9.11 | 9.11 | 15.94 | 15.94 |
| Reserves | 0.75 | 1.41 | 2.44 | 4.24 | 11.04 | 12.05 | 29.67 | 28.78 |
| Borrowings | 1.41 | 2.13 | 7.71 | 8.26 | 7.18 | 9.22 | 7.35 | 6.58 |
| Other Liabilities | 9.57 | 13.89 | 14.86 | 21.76 | 11.61 | 4.39 | 8.13 | 14.07 |
| Total Liabilities | 15.65 | 22.43 | 30.01 | 39.88 | 38.94 | 34.77 | 61.09 | 65.37 |
| Fixed Assets | 0.06 | 0.05 | 3.56 | 3.36 | 5.04 | 4.39 | 3.67 | 3.36 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 15.59 | 22.38 | 26.45 | 36.52 | 33.9 | 30.38 | 57.42 | 62.01 |
| Total Assets | 15.65 | 22.43 | 30.01 | 39.88 | 38.94 | 34.77 | 61.09 | 65.37 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -3.14 | -0.96 | 4.36 | -5.5 | -5.46 | 2.07 | -24.06 |
| Cash from Investing Activity | -0.03 | -0.02 | -3.55 | -0.08 | -2.36 | -0.52 | -0.26 |
| Cash from Financing Activity | 3.44 | 0.62 | -0.79 | 5.86 | 7.73 | -1.5 | 24.35 |
| Net Cash Flow | 0.28 | -0.36 | 0.01 | 0.27 | -0.09 | 0.05 | 0.03 |

### Ratios

| Item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 138.71 | 58.42 | 112.32 | 216.34 | 38.72 | 60.04 | 61.52 |
| Inventory Days | 152.79 | 110.75 | 118.72 | 110.6 | 280.98 | 213.53 | 272.63 |
| Days Payable | 406.88 | 238.23 | 253.64 | 314.55 | 170.64 | 11.99 | 179.98 |
| Cash Conversion Cycle | -115.37 | -69.05 | -22.59 | 12.4 | 149.06 | 261.58 | 154.17 |
| Working Capital Days | -82.05 | -93.25 | -146.35 | 1.25 | 119.41 | 141.94 | 695.25 |
| ROCE % | — | 16.28 | 15.53 | 13.47 | 12.81 | 8.63 | -4.85 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2022 | Dec 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Sep 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 35.8% | 35.8% | 35.8% | 35.8% | 35.8% | 35.8% | 34.01% | 27.59% | 23.51% | 24.77% | 27.83% | 27.83% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 51.76% | 59.36% | 56.99% | 55.96% | 54.64% | 54.67% | 55.3% | 61.55% | 65.38% | 66.16% | 65.74% | 66.04% |
| Others | 12.44% | 4.85% | 7.22% | 8.24% | 9.57% | 9.54% | 10.69% | 10.86% | 11.12% | 9.07% | 6.43% | 6.12% |
| No. of Shareholders | 334 | 263 | 339 | 433 | 1266 | 1349 | 1962 | 2151 | 2108 | 2085 | 1819 | 1769 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 4 / 3 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 11.6 | Sell |
| EMA (10) | 11.75 | Sell |
| SMA (20) | 12.81 | Sell |
| EMA (20) | 12.74 | Sell |
| SMA (50) | 15.15 | Sell |
| EMA (50) | 15.24 | Sell |
| SMA (100) | 20.89 | Sell |
| EMA (100) | 17.44 | Sell |
| SMA (200) | 17.93 | Sell |
| EMA (200) | 18.3 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 28.93 | Buy |
| MACD (12,26,9) | -1.33 | Sell |
| Stochastic (14,3,3) | 12.77 | Buy |
| ADX (14) | 39.33 | Buy |
| Williams %R (14) | -88.46 | Buy |
| ATR (14) | 0.67 | High Volatility |
| ROC (12) | -15.44 | Sell |
| Stoch RSI (14) | 40.77 | Neutral |
| UO (7,14,28) | 41.54 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 8 July 2026 - ICICI Bank issued SARFAESI demand notice for Rs 4.98 crore; company replied on July 8, 2026. | [Action(s) initiated or orders passed 8 July 2026 - ICICI Bank issued SARFAESI demand notice for Rs 4.98 crore; company replied on July 8, 2026.](https://nsearchives.nseindia.com/corporate/GLOBESECURE2021_08072026175711_Reg_30.pdf) |
| 7 April 2026 - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 7 April 2026 - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026.](https://nsearchives.nseindia.com/corporate/GLOBESECURE2021_07042026170837__GSTL74_5_.pdf) |
| 30 May 2026 - Board approved FY26 audited results and 12 crore MOU to sell Taloja property. | [Outcome of Board Meeting 30 May 2026 - Board approved FY26 audited results and 12 crore MOU to sell Taloja property.](https://nsearchives.nseindia.com/corporate/GLOBESECURE2021_30052026201456_Outcome.pdf) |
| 30 July 2026 - Globesecure Technologies approved closure of Ahmedabad branch within one month; no material business impact expected. | [Closure of operations 30 July 2026 - Globesecure Technologies approved closure of Ahmedabad branch within one month; no material business impact expected.](https://nsearchives.nseindia.com/corporate/GLOBESECURE2021_30072026174755_Reg_30.pdf) |
| 29 June 2026 - Board approved internal auditor for FY2026-27 and enhanced inter-corporate loan facility by ₹94.49 lakh. | [Outcome of Board Meeting 29 June 2026 - Board approved internal auditor for FY2026-27 and enhanced inter-corporate loan facility by ₹94.49 lakh.](https://nsearchives.nseindia.com/corporate/GLOBESECURE2021_29062026171950_Outcome.pdf) |
| 28 May 2026 - Received ₹1.53 crore purchase order from Multi Commodity Exchange for IT product and support, executable within one month. | [Bagging/Receiving of orders/contracts 28 May 2026 - Received ₹1.53 crore purchase order from Multi Commodity Exchange for IT product and support, executable within one month.](https://nsearchives.nseindia.com/corporate/GLOBESECURE2021_28052026152923_REG_30_PO.pdf) |
| 25 June 2026 - Clarifies financial-result deficiencies and revises H1 FY26 results; notes GST demand of Rs.979.91 lakh and income tax demand of Rs.1,139.39 lakh. | [Reply to Clarification- Financial results 25 June 2026 - Clarifies financial-result deficiencies and revises H1 FY26 results; notes GST demand of Rs.979.91 lakh and income tax demand of Rs.1,139.39 lakh.](https://nsearchives.nseindia.com/corporate/GLOBESECURE2021_23012026160045_Reply_for_financial_results.pdf) |
| 24 July 2026 - SDD compliance certificate for quarter ended June 30, 2026; 4 events captured, nil noncompliance. | [Structural Digital Database 24 July 2026 - SDD compliance certificate for quarter ended June 30, 2026; 4 events captured, nil noncompliance.](https://nsearchives.nseindia.com/corporate/GLOBESECURE2021_24072026154028_GSTL_SDD.pdf) |
| 23 June 2026 - Ragavan Rajkumar has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. | [Disclosure under SEBI Takeover Regulations 23 June 2026 - Ragavan Rajkumar has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.](https://nsearchives.nseindia.com/corporate/team_sandeshc_12052026112441_GTL_0001.pdf) |
| 22 July 2026 - Company clarified price movement was market-driven and no undisclosed material event existed. | [General Updates 22 July 2026 - Company clarified price movement was market-driven and no undisclosed material event existed.](https://nsearchives.nseindia.com/corporate/GLOBESECURE2021_22072026174608_Reply_for_Price_Movement.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28573_GSTL_2024_2025_A_5102655_05092025161640.pdf) |
| from nse | [Financial Year 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_26227_GSTL_2023_2024_1009202412468.pdf) |
| from nse | [Financial Year 2023 from nse](https://archives.nseindia.com/annual_reports/SME_AR_23552_GSTL_2022_2023_05092023184837_09052023190024.zip) |
| from nse | [Financial Year 2022 from nse](https://archives.nseindia.com/annual_reports/SME_AR_21588_GSTL_2021_2022_07092022160358_09072022170033.zip) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T20:19:23.126Z.