Globe Civil Projects Q1 FY27 Share Price & Earnings Call Analysis

₹38.56+5.50% today
Market cap
₹230 Cr
P/E
9.07
ROE
13.54%
PEG
0.13
Price to sales
0.57
Debt to equity
0.63
52W high / low
₹75.3 / ₹33.9
Sales growth (5Y)
15.73%
EBITDA margin
14.26%
Net profit margin
6.19%
Promoter holding
63.44%
Sales (last year)
₹403 Cr

Guidance scorecard · Q1 FY27 call

What Globe Civil Projects Ltd's management guided

RevenueQ3 FY26 call

10–20%
  • 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.

2 more points from Globe Civil Projects Ltd's call on revenue

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Full Q3 FY26 analysis

MarginsQ3 FY26 call

Flat

See what Globe Civil Projects Ltd said on margins — free account, 30 seconds.

Full Q3 FY26 analysis

CapexQ3 FY26 call

Planned
  • 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.
  • IPO proceeds utilized mostly for working capital (~INR75 crore) and capex (~INR14 crore); no allocation for debt reduction.

2 more points from Globe Civil Projects Ltd's call on capex

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Full Q3 FY26 analysis

FundraisingQ3 FY26 call

None planned

See what Globe Civil Projects Ltd said on fundraising — free account, 30 seconds.

Full Q3 FY26 analysis

Order bookQ3 FY26 call

Rising
  • 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).

2 more points from Globe Civil Projects Ltd's call on the order book

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Full Q3 FY26 analysis

Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.

Potential multibaggers · Q2 FY27

This quarter's potential multibaggers
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Financials of Globe Civil Projects Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Globe Civil Projects Ltd

Quarterly Results

Quarter-by-quarter operating performance

Mar 2025Jun 2025Sep 2025Dec 2025
Sales +123.9267.3593.76101.43
Expenses +109.6255.8380.8087.30
Operating Profit14.3011.5212.9614.13
OPM %11.54%17.10%13.82%13.93%
Other Income +0.910.351.020.66
Interest4.094.294.654.88
Depreciation1.120.770.811.93
Profit before tax10.006.818.527.98
Tax %37.30%25.84%29.93%18.30%
Net Profit +6.265.055.986.52
EPS in Rs1.460.851.001.09

Financials of Globe Civil Projects Ltd

Profit & Loss

Annual income statement trend

Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales +286233332379386
Expenses +262212287324334
Operating Profit2421455453
OPM %8%9%14%14%14%
Other Income +12233
Interest1413232018
Depreciation33445
Profit before tax77213333
Tax %26%28%27%28%
Net Profit +55152424
EPS in Rs21.0119.6062.145.604.40
Dividend Payout %0%0%0%0%

Financials of Globe Civil Projects Ltd

Balance Sheet

Capital structure and asset base

Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital2224360
Reserves55607563165
Borrowings +7197125148142
Other Liabilities +10211511511292
Total Liabilities230275318367459
Fixed Assets +2021292629
CWIP00000
Investments00000
Other Assets +210254289340430
Total Assets230275318367459

Financials of Globe Civil Projects Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity +7-113-11
Cash from Investing Activity +0-3-83
Cash from Financing Activity +-101559
Net Cash Flow-20-00
Free Cash Flow8-15-9-12
CFO/OP39%-45%18%-8%

Financials of Globe Civil Projects Ltd

Ratios

Working capital efficiency and return ratios

Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days47106105132
Inventory Days9368581,312
Days Payable400451837
Cash Conversion Cycle583514580132
Working Capital Days751087267
ROCE %13%24%23%

Guidance history

How Globe Civil Projects Ltd's guidance has moved, call by call

CallRevenueMarginsCapexFundraisingOrder book
Q3 FY26 call →10–20%FlatPlannedNone plannedRising
Q2 FY26 call →20–40%Up 0–2%Planned—Rising
Q1 FY26 call →20–40%Up 0–2%Planned—Rising

What management guided on each call, newest first. Not investment advice, and not a forecast of returns.