GICL - Globe Intl. Car.

📊 NSE: GICL 🏢 Miscellaneous 📅 Last Updated: 12/13/2025 22:24

💰 Financial Performance

Revenue Growth by Segment

Consolidated total income for Q2 FY26 (ended Sep 30, 2025) was INR 73.00 Cr, representing a 3.73% YoY growth compared to INR 70.37 Cr in Q2 FY25. Standalone revenue for H1 FY26 was INR 156.71 Cr.

Geographic Revenue Split

The company operates with branches across PAN India, though specific percentage splits by region are not disclosed in available documents.

Profitability Margins

Net Profit Margin for Q2 FY26 improved significantly to 4.34% (INR 3.17 Cr) from 1.90% (INR 1.34 Cr) in Q2 FY25. Standalone net profit for H1 FY26 was INR 4.91 Cr.

EBITDA Margin

Consolidated Profit Before Tax (PBT) for Q2 FY26 was INR 4.30 Cr, a margin of 5.89% on total income, compared to a 2.55% PBT margin (INR 1.79 Cr) in the previous year's quarter.

Capital Expenditure

The company executed a major acquisition of 40,80,000 equity shares of Govind Kripa Infratech Private Limited for a total purchase consideration of INR 29.43 Cr at INR 72.14 per share.

⚙️ Operational Drivers

Raw Materials

Fuel and Diesel represent the primary operational cost for the logistics fleet, though the exact percentage of total cost is not specified.

Import Sources

Sourced domestically across PAN India to support branch operations.

Key Suppliers

Leading carriers and liners with whom the company maintains strong relationships to obtain competitive commercial terms.

Capacity Expansion

Authorized share capital was increased from INR 25 Cr to INR 30 Cr on March 16, 2025. The company is currently in a 'developing mode' with several beneficiary projects in the pipeline.

Raw Material Costs

Carriers pass through higher operating expenses (fuel) to GICL; gross profits decrease if these costs cannot be fully passed to customers.

Manufacturing Efficiency

Focus on human resource skill improvement to achieve better quality and performance metrics.

Logistics & Distribution

Distribution and logistics are the core business; the company offers 'tailor-made' logistics services across the entire value spectrum.

📈 Strategic Growth

Expected Growth Rate

3.73%

Growth Strategy

Growth is driven by a blueprint to consolidate market leadership, entering newer segments, and strategic M&A, specifically the INR 29.43 Cr acquisition of Govind Kripa Infratech Private Limited.

Products & Services

Logistics services, transportation of goods by road, and tailor-made supply chain solutions.

Brand Portfolio

Globe International Carriers, Intraglobe Green Energy (formerly Intraglobe Transport Solutions).

New Products/Services

Expansion into 'tailor-made' logistics segments and green energy initiatives through its subsidiary Intraglobe Green Energy.

Market Expansion

Blueprint in place to enter newer segments and consolidate position as a market leader in the logistics value spectrum.

Market Share & Ranking

Self-identified as a leading ISO 9001:2015 certified logistics company in India.

Strategic Alliances

Strong relationships with leading carriers and liners; 100% ownership of subsidiary Intraglobe Green Energy Private Limited.

🌍 External Factors

Industry Trends

Shift toward 'Green Initiatives' in corporate governance and paperless communication; logistics industry is evolving toward integrated value spectrum services.

Competitive Landscape

Faces intense competition from both domestic and multinational logistics companies, leading to periodic price-cutting risks.

Competitive Moat

Moat is built on established brand goodwill, a strong foothold in the logistics value spectrum, and competitive commercial terms secured through long-term carrier relationships.

Macro Economic Sensitivity

High sensitivity to economic business cycles; downturns directly reduce freight volumes.

Consumer Behavior

Customer demand is shifting toward specialized, 'tailor-made' logistics services rather than generic transportation.

⚖️ Regulatory & Governance

Industry Regulations

Governed by The Indian Carriage of Goods by Road Act 2007, The Motor Vehicles Act 1988, and Rajasthan Shops and Commercial Establishments Act 1958.

Environmental Compliance

Compliant with normally applicable environmental laws and Rajasthan-specific statutes.

Taxation Policy Impact

Consolidated tax provision for Q2 FY26 was INR 1.13 Cr.

Legal Contingencies

Reported non-compliance with Section 185 and 186 of the Companies Act 2013 regarding loans given to firms/LLPs in which directors have substantial interest.