Globe Civil Projects Limited (GLOBECIVIL)
₹40.78 +0.30% last close, 16 Oct
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Globe Civil's revenue was ₹92.3 Cr (+37.1% year on year, -35.5% on the previous quarter), and net profit ₹7.1 Cr (+40.4% year on year); the operating margin was 16.5%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹92.3 | +37.1% | -35.5% |
| Operating profit | ₹15.2 | +31.7% | +0.2% |
| Net profit | ₹7.1 | +40.4% | +23.1% |
| EPS (₹) | 1.19 | +2.6% | +24.0% |
| Operating margin | 16.5% | — | — |
GLOBECIVIL delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 64.57% of the GLOBECIVIL shares traded on NSE were taken to delivery, against the stock's own 20-session average of 63.72%. That is close to its usual level. Turnover was only ₹6 lakh, so a handful of trades can move this figure.
Delivery in the last 5 sessions: 71.5% · 57.1% · 71.4% · 80.1% · 64.6%
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
Globe Civil Projects Limited submitted the Chairman's speech delivered by Whole Time Director & Chairman Ved Prakash Khurana at its 24th AGM on September 25, 2026. The speech highlighted clean audit opinions for FY25-26 with zero adverse qualifications from statutory or secretarial auditors. Operationally, leadership reiterated focus on disciplined bidding, project execution across EPC segments (education, healthcare, rail, housing), and risk management. No new financial disclosures, order wins, or quantified capex targets were provided in the address.
- Chairman Ved Prakash Khurana addressed shareholders at the 24th AGM held on September 25, 2026
- Statutory and secretarial auditors issued unqualified opinions for FY 25-26 with no adverse remarks
- Company confirmed ongoing focus on EPC diversification across institutional, healthcare, and urban infra sectors
- No new revenue, order intake, or financial guidance numbers were disclosed in the speech
Globe Civil Projects Limited has submitted the complete Consolidated Limited Review Report for the quarter ended June 30, 2026, following a query from BSE Limited. A single page containing Point No. 4 had been inadvertently omitted during the scanning and compilation process. The company confirmed that this administrative error does not involve any revisions to the reported financial results or the substance of the auditor's review. The revised document has been uploaded to both BSE and NSE.
- Clarification filed regarding inadvertent omission of Point No. 4 from Consolidated Limited Review Report
- Pertains to financial results for the quarter ended June 30, 2026
- Triggered by an observation/query received from BSE Limited
- Company confirmed zero changes to reported financial results or auditor findings
Globe Civil Projects Limited has issued a communication to shareholders whose email addresses are not registered with the company or depositories. The letter provides web links and a QR code to access the Annual Report for FY 2025-26 and the Notice of the 24th Annual General Meeting (AGM). The AGM is scheduled to take place on Friday, September 25, 2026, at 12:00 Noon IST via Video Conferencing.
- 24th Annual General Meeting (AGM) scheduled for September 25, 2026, at 12:00 Noon IST via Video Conferencing
- Communication sent to unregistered email shareholders under Regulation 30 and 36(1)(b) of SEBI LODR
- Provides online link and QR code access for FY 2025-26 Annual Report and AGM Notice
- Instructs demat shareholders to update email credentials with their respective Depository Participants
Globe Civil Projects Limited has scheduled its 24th Annual General Meeting (AGM) for Friday, September 25, 2026, at 12:00 PM IST via video conferencing. The company announced the book closure period from Saturday, September 19, 2026, to Friday, September 25, 2026. The cut-off date to determine shareholder eligibility for e-voting has been set for Friday, September 18, 2026. Remote e-voting will run from September 22, 2026 (09:00 AM) to September 24, 2026 (05:00 PM).
- 24th AGM scheduled for Friday, September 25, 2026 at 12:00 Noon IST via VC/OAVM
- Register of Members and Share Transfer Books closed from September 19 to September 25, 2026
- Cut-off date for remote e-voting entitlement fixed as Friday, September 18, 2026
- Remote e-voting window opens September 22, 2026 (09:00 AM) and closes September 24, 2026 (05:00 PM)
Globe Civil Projects Limited has scheduled its 24th Annual General Meeting (AGM) for Friday, September 25, 2026, via Video Conferencing. The cut-off date to determine shareholder eligibility for remote e-voting is Friday, September 18, 2026. The remote e-voting window will open on September 22, 2026 (09:00 AM) and conclude on September 24, 2026 (05:00 PM). The company's Register of Members and Share Transfer Books will remain closed from September 19, 2026, to September 25, 2026.
- 24th AGM scheduled for Friday, September 25, 2026, at 12:00 Noon via Video Conferencing
- Cut-off date for e-voting entitlement set as Friday, September 18, 2026
- Remote e-voting window runs from September 22, 2026 (09:00 AM) to September 24, 2026 (05:00 PM)
- Book closure period fixed from September 19, 2026, to September 25, 2026
Globe Civil Projects Limited has scheduled its 24th Annual General Meeting (AGM) for Friday, September 25, 2026, via Video Conferencing. The cut-off date to determine shareholder eligibility for remote e-voting is Friday, September 18, 2026. Remote e-voting begins on September 22, 2026, and concludes on September 24, 2026. The register of members and share transfer books will remain closed from September 19 to September 25, 2026.
- 24th AGM scheduled for September 25, 2026 at 12:00 Noon via Video Conferencing
- Cut-off date for e-voting eligibility is Friday, September 18, 2026
- Remote e-voting open from September 22, 2026 (9:00 AM) to September 24, 2026 (5:00 PM)
- Book closure period fixed from September 19, 2026 to September 25, 2026
Globe Civil Projects Limited has issued the notice for its 24th Annual General Meeting (AGM) scheduled for Friday, September 25, 2026, at 12:00 Noon IST via Video Conferencing. Alongside the notice, the company published its comprehensive Annual Report for FY 2025-26. In the accompanying notes, employee strength covered under defined benefit obligations increased to 254 as of March 31, 2026, from 117 in the prior year. The filing is standard procedural compliance under Regulation 34(1) of SEBI LODR.
- 24th Annual General Meeting scheduled for September 25, 2026, at 12:00 Noon through VC/OAVM.
- Submission of the full Annual Report for the financial year 2025-26 pursuant to SEBI Listing Regulations.
- Employee count under actuarial valuation expanded from 117 (March 31, 2025) to 254 (March 31, 2026).
- Net defined benefit liability closed at 12.80 as of March 31, 2026, compared to 7.13 as of March 31, 2025.
Globe Civil Projects reported a 37.26% YoY rise in Q1 FY27 total income to ₹92.92 crore, with PAT increasing 40.42% YoY to ₹7.09 crore and EBITDA margins at 17.01%. The company's active order book stands at ~₹700 crore (~277% of TTM revenue), with targets to secure an additional ₹500 crore in projects over the next 3-6 months. Management guided for FY27 full-year revenue of ₹300 crore to ₹350 crore based on an expected monthly execution run rate of ₹30-40 crore. Working capital days remain elevated due to pending final bill clearances on two completed projects, expected to resolve by September 2026.
- Q1 FY27 total income increased 37.26% YoY to ₹92.92 crore (INR 929.23 million)
- Q1 FY27 PAT rose 40.42% YoY to ₹7.09 crore with EBITDA margin at 17.01%
- Current order book stands at ~₹700 crore with a target to add at least ₹500 crore in 3-6 months
- Management guided FY27 revenue at ₹300 crore to ₹350 crore
Globe Civil Projects Limited has submitted the audio recording link for its Investor Meet held on August 25, 2026, at 4:00 PM IST, pursuant to Regulation 30 of the SEBI Listing Regulations. The company confirmed that a full written transcript of the meet will be uploaded to stock exchanges and its website in due course. This is a routine post-call regulatory filing with no immediate financial or balance sheet impact.
- Audio recording link shared for the Investor Meet conducted on August 25, 2026 at 4:00 PM IST
- Filing made under Regulation 30 of SEBI LODR Regulations, 2015
- Written transcript of the meeting to be submitted to exchanges and published on company website in due course
Globe Civil Projects released its Q1 FY27 investor presentation reporting a 41.17% YoY increase in standalone total income to ₹92.46 Cr (₹924.59 Mn). Standalone EBITDA expanded 33.07% YoY to ₹15.81 Cr (₹158.06 Mn), while PAT rose 41.56% YoY to ₹7.16 Cr (₹71.60 Mn). The standalone order book reached ₹730 Cr for FY26, backed by major project wins including the ₹222.20 Cr Jhajjar Cricket Stadium and ₹172.99 Cr NBCC Central University of Punjab contract. The company also disclosed planned investments of ₹14.26 Cr (₹142.55 Mn) in new machinery to enhance execution efficiency.
- Total income rose 41.17% YoY to ₹924.59 Mn (₹92.46 Cr) in Q1 FY27 vs ₹654.96 Mn in Q1 FY26
- Net profit (PAT) grew 41.56% YoY to ₹71.60 Mn (₹7.16 Cr) compared to ₹50.58 Mn in the prior year period
- EBITDA increased 33.07% YoY to ₹158.06 Mn with an EBITDA margin of ~17.1%
- Major recent order wins include ₹222.20 Cr Haryana Cricket Association stadium and ₹172.99 Cr NBCC EPC project
- Company plans capex of ₹142.55 Mn in new construction equipment and machinery
Globe Civil Projects Limited has scheduled its Q1 FY27 earnings conference call for Tuesday, August 25, 2026, at 04:00 PM IST. The virtual meeting will host Managing Director Vipul Khurana and Chief Financial Officer Raghav Aggarwal to discuss quarterly performance. The company reported revenue of ₹92.30 Cr and net profit of ₹7.09 Cr in the June 2026 quarter (TTM revenue of ₹253 Cr).
- Earnings call scheduled for Tuesday, August 25, 2026, at 04:00 PM IST
- Meeting to be conducted virtually via dial-in numbers +91 22 6280 1446 and +91 22 7115 8389
- Key speakers include Managing Director Vipul Khurana and CFO Raghav Aggarwal
Globe Civil Projects reported a strong start to FY27 with total income growing 37.26% YoY to ₹92.92 Cr. Net profit increased by 40.42% to ₹7.09 Cr, driven by disciplined execution of EPC projects for institutional clients like CPWD and NBCC. While EBITDA margins saw a slight compression of 54 bps to 17.01%, the net profit margin improved slightly to 7.63%. The company is currently leveraging a substantial order book that exceeded ₹1,000 Cr as of late 2025.
- Total Income grew 37.26% YoY to ₹929.23 Million in Q1 FY27
- Net Profit increased 40.42% YoY to ₹70.91 Million
- EBITDA reached ₹158.05 Million, representing a 33.03% YoY increase
- EBITDA Margin stood at 17.01%, a slight decrease from 17.55% in Q1 FY26
- Net Profit Margin (NPM) improved to 7.63% from 7.46% YoY
Globe Civil Projects reported a strong start to FY27 with standalone revenue from operations growing 41% year-on-year to ₹91.84 cr. Net profit for the quarter increased by 41.5% to ₹7.16 cr compared to ₹5.06 cr in the same period last year. The company has utilized approximately 96% of its ₹119 cr IPO proceeds, with ₹4.68 cr remaining in fixed deposits. Operating margins remained stable as the company continues its focus on direct bidding for government EPC contracts.
- Revenue from operations increased 41% YoY to ₹91.84 cr from ₹65.13 cr in the previous year's June quarter
- Net profit grew to ₹7.16 cr, a 41.5% increase over the ₹5.06 cr reported in June 2025
- Earnings Per Share (EPS) improved to ₹1.20 from ₹1.16 in the year-ago quarter
- IPO proceeds of ₹114.32 cr have been utilized, leaving a balance of ₹4.68 cr as of June 30, 2026
- Cost of construction, including wages and subcontractors, stood at ₹37.90 cr for the quarter
Globe Civil Projects Limited has submitted the annual disclosure under Regulation 31(4) of the SEBI (SAST) Regulations, 2011 for the financial year ended March 31, 2026. Promoters Nipun Khurana, Ved Prakash Khurana, and Vipul Khurana confirmed that they, along with persons acting in concert, created no encumbrances on their shareholding during the year. This is a standard annual compliance confirmation of zero promoter share pledging.
- Promoters Nipun Khurana, Ved Prakash Khurana, and Vipul Khurana filed annual SEBI SAST 31(4) declarations
- Confirmation of nil direct or indirect encumbrances during the year ended March 31, 2026
- Declarations submitted to BSE, NSE, and the company's Audit Committee
Globe Civil Projects Limited has filed its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The certificate, issued by KFIN Technologies Limited, confirms that share dematerialization and rematerialization details for the quarter ended June 30, 2026, have been reported to the stock exchanges. This is a routine administrative filing required for all listed companies to ensure accurate electronic shareholding records. There is no impact on the company's financial performance or business operations.
- Compliance certificate issued for the quarter ended June 30, 2026
- Certificate provided by Registrar and Share Transfer Agent, KFIN Technologies Limited
- Confirmation of reporting to both NSDL and CDSL depositories
- Official submission to NSE and BSE dated July 09, 2026
Financial Performance
Revenue Growth by Segment
Consolidated revenue from operations grew 13.97% YoY to INR 378.58 Cr in FY25. The EPC segment contributes 97% of revenue, while trading activities account for the remaining 3%. Standalone revenue grew 10.69% to INR 328.84 Cr.
Geographic Revenue Split
Primarily focused on Delhi/NCR and North India. The company has established 6 joint ventures as of March 31, 2025, to expand reach into new markets and specialized projects.
Profitability Margins
Net profit margin improved significantly from 4.63% in FY24 to 7.38% in FY25. Standalone PAT increased 56.39% to INR 24.05 Cr. H1 FY26 consolidated PAT stood at INR 11.03 Cr with a 6.84% margin.
EBITDA Margin
Consolidated EBITDA margin improved to 16.43% in FY25 from 15.10% in FY24, an increase of 133 bps. Standalone operating profit margin was 16.11% in FY25 compared to 14.54% in FY24 due to operational efficiencies.
Capital Expenditure
Not explicitly disclosed in absolute INR Cr, but the company is investing in advanced construction technology, including precast systems and integrated MEP solutions to accelerate project scale.
Credit Rating & Borrowing
Long-term rating upgraded to IVR BBB/Positive (from Stable) and short-term rating reaffirmed at IVR A3+ in October 2025. Finance costs decreased 13.5% YoY to INR 19.44 Cr in FY25.
Operational Drivers
Raw Materials
High-value construction materials including steel, cement, electrical components, and finishing materials for sports infrastructure.
Import Sources
Not disclosed in available documents; primarily domestic sourcing for civil construction projects.
Capacity Expansion
Successfully completed 37 projects and currently managing 13 ongoing projects. Order book grew from INR 309.05 Cr in FY22 to INR 669.10 Cr in March 2025, exceeding INR 1,000 Cr by November 2025.
Raw Material Costs
Raw material expenses were INR 302.60 Cr in FY25 (Consolidated), representing ~80% of revenue. Strategy involves procuring high-value materials on an advance basis to reduce direct costs and improve margins.
Manufacturing Efficiency
Not applicable as an EPC company; efficiency is measured by project execution speed and better cost control as the company scales post-listing.
Strategic Growth
Expected Growth Rate
20-25%
Growth Strategy
Achieving growth through direct bidding (saving 1-2% JV commissions), targeting larger ticket-size projects (INR 200-400 Cr vs INR 50-100 Cr), and utilizing pre-qualification credentials for fully funded government EPC contracts.
Products & Services
Civil construction services for metro infrastructure, residential/commercial buildings, hospitals (AIIMS), educational institutions (IITs, DPS), and sports stadiums.
Brand Portfolio
Globe Civil Projects Limited.
New Products/Services
Adoption of precast systems and integrated MEP (Mechanical, Electrical, and Plumbing) solutions to improve execution speed and margins.
Market Expansion
Expanding into specialized infrastructure segments like sports infrastructure and public utility terminals through 6 established JVs.
Strategic Alliances
6 Joint Ventures established as of March 31, 2025, to pursue specialized projects and mitigate project-specific risks.
External Factors
Industry Trends
Shift toward fully funded Central Government and PSU-led EPC contracts which ensure predictable cash flows and reduced working capital risk.
Competitive Landscape
Operates in a highly fragmented and competitive civil construction sector with intense pressure on margins.
Competitive Moat
Durable advantages include a 40-year track record, pre-qualification credentials for high-value government tenders, and an in-house design/engineering team.
Macro Economic Sensitivity
Highly sensitive to commodity price inflation (Steel/Cement) and government infrastructure spending policies.
Geopolitical Risks
Not disclosed; primarily domestic regulatory and economic risks.
Regulatory & Governance
Industry Regulations
Adherence to pollution norms, labor laws, and Central Government EPC contract standards.
Taxation Policy Impact
Consolidated tax expense was INR 9.19 Cr in FY25. The company is compliant with applicable corporate, tax, and labor laws.
Risk Analysis
Key Uncertainties
Working capital intensity with high utilization of bank limits (~92%) and potential for input price volatility to impact margins by 1-2%.
Geographic Concentration Risk
High concentration in the Delhi/NCR region and North India.
Third Party Dependencies
Dependency on JV partners for specialized projects and 1-2% commission payouts in older JV-led contracts.
Technology Obsolescence Risk
Low risk; company is proactively adopting ERP and precast technology.
Credit & Counterparty Risk
Low risk due to a portfolio of reputed government and PSU clients (DMRC, AIIMS, Indian Railways).