Globe Civil Projects Ltd Q3 FY26 Results & Concall Highlights: Revenue, Margins & Order Book

Published 6 Aug 2026 | Construction | Market Cap: ₹265 Cr

The company targets a medium-term revenue growth of 20% to 25% year-on-year. Globe Civil Projects Limited expects a medium-term revenue growth of approximately 20% to 25% year-on-year.

From Globe Civil Projects Ltd's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.

Price

42

Market Cap

₹265 Cr

P/E Ratio

10.4

Revenue Rank

Rank 3

Margin Rank

Rank 3

How does Globe Civil Projects Ltd rank in Construction?

Compare Globe Civil Projects Ltd against every Construction company this quarter on revenue, margins and earnings-call signals.

Revenue: Rank 3Margin: Rank 3
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Globe Civil Projects Ltd — Quarterly revenue & net profit

Revenue Net Profit
Mar 2025
Jun 2025
Sep 2025
Dec 2025

Reported quarterly figures (₹ Cr). Latest: revenue ₹101 Cr, net profit ₹7 Cr.

Full financials →

📊 Revenue & Sales Performance

Rank 3
  • The company targets a medium-term revenue growth of 20% to 25% year-on-year.
  • FY'27 guidance expects a 15% to 20% growth due to some delays (pollution-related) in FY'26, with hopes to return to 20%-25% subsequently.
  • Growth is driven by focusing on building sector projects, particularly in institutional buildings and sports infrastructure.
  • The order book as of December 2025 stood at around INR 850 crores, providing good revenue visibility.
  • The company aims to increase its book-to-bill ratio from the current ~2 to a target of 3 to better match order inflow with execution capacity.
  • IPO proceeds have strengthened net worth, enabling bidding for larger projects and supporting faster growth.
  • The company is selectively bidding for projects with good margins to maintain profitability alongside revenue growth.

📈 Profitability & Margins

Rank 3
  • Globe Civil Projects Limited expects a medium-term revenue growth of approximately 20% to 25% year-on-year.
  • Profitability is also projected to grow in line with revenue, maintaining good margins.
  • Due to past delays (e.g., caused by pollution), current annual growth might moderate to around 15% to 20%.
  • The company aims to maintain EBITDA margins around 15.8% to 16%, reflecting stable cost control.
  • EPS growth is anticipated with increasing revenues and controlled overheads; recent quarterly EPS was reported at INR 1.10.
  • The company is focused on selective project bidding with good margins to sustain growth.
  • Expansion funded by IPO proceeds and increased net worth will enable bidding for larger projects, supporting future earnings growth.

🏗️ Capital Expenditure Plans

Yes
  • Planned machinery investment of approximately INR142 million to reduce rental costs and improve execution efficiency, primarily for scaffolding and shuttering materials.
  • Current capex allocation from IPO proceeds: INR14 crores, with around INR10-11 crores still available for capital expenditure.
  • Focus on owning shuttering and scaffolding equipment instead of renting to strengthen execution and margins.
  • No specific new high-margin sub-segments chosen yet, but actively scouting for high-margin projects such as pre-cast or other niche areas.
  • IPO proceeds utilized mostly for working capital (~INR75 crore) and capex (~INR14 crore); no allocation for debt reduction.
  • Expansion driven by increased net worth post-IPO, enabling bids on larger projects (INR200-300 crores range).
  • Continuous hiring and capacity expansion to support growth and order book execution.

💰 Fundraising & Capital Structure

No
  • Currently, Globe Civil Projects Ltd is not targeting any new borrowings except for non-fund based limits like bank guarantees required for projects.
  • For working capital needs, there are no plans to increase debt in the near term.
  • The company has ample funds available as of now to execute all current projects.
  • Future debt may be considered if there are major projects requiring additional financing.
  • No specific plans for new equity fundraising were mentioned.
  • IPO proceeds have been utilized mainly for working capital and capex, with no allocation for debt reduction.
  • Overall, the company maintains a cautious approach to fundraising, focusing on internal accruals and existing funds to support growth.

📋 Order Book & Pipeline

Yes
  • Current order book as of December 2025 is approximately INR 850 crores.
  • The company has bid projects worth around INR 850 crores currently under evaluation.
  • Additionally, there is a bidding pipeline of another INR 500 crores expected to open in the next 1-2 months.
  • Management expects to win around 3 projects out of ongoing bids.
  • Order inflow for FY 26 and FY 27 is expected to grow 20-25% year-on-year.
  • The company targets to increase its book-to-bill ratio from the current ~2 to around 3.
  • Majority of projects are in institutional buildings primarily in North India (90% geographic focus).
  • The company is selective in bidding, focusing on projects with good margins rather than volume.
  • No major large order finalizations confirmed yet but several potential projects bidding in pipeline.

Key Metrics

Revenue

Rank 3

Margin

Rank 3

Capex

Yes

Fundraise

No

Order Book

Yes

Frequently Asked Questions

What were Globe Civil Projects Ltd Q3 FY26 results?

The company targets a medium-term revenue growth of 20% to 25% year-on-year. Globe Civil Projects Limited expects a medium-term revenue growth of approximately 20% to 25% year-on-year.

What is Globe Civil Projects Ltd share price analysis?

Globe Civil Projects Ltd currently shows a below-average growth signal. The stock trades at a P/E of 10.4 with a market cap of ₹265 Cr. Investors should review the full earnings analysis for detailed insights.

Is Globe Civil Projects Ltd planning capital expenditure?

Planned machinery investment of approximately INR142 million to reduce rental costs and improve execution efficiency, primarily for scaffolding and shuttering materials.

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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.

What Globe Civil's management said in earlier quarters

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