Globe Civil Projects Q1 FY27 Share Price & Earnings Call Analysis
- 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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MarginsQ3 FY26 call
FlatSee what Globe Civil Projects Ltd said on margins — free account, 30 seconds.
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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FundraisingQ3 FY26 call
None plannedSee what Globe Civil Projects Ltd said on fundraising — free account, 30 seconds.
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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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
- Strong growth2
- Strong growth1
- Strong growth3
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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 2025 | Jun 2025 | Sep 2025 | Dec 2025 | |
|---|---|---|---|---|
| Sales + | 123.92 | 67.35 | 93.76 | 101.43 |
| Expenses + | 109.62 | 55.83 | 80.80 | 87.30 |
| Operating Profit | 14.30 | 11.52 | 12.96 | 14.13 |
| OPM % | 11.54% | 17.10% | 13.82% | 13.93% |
| Other Income + | 0.91 | 0.35 | 1.02 | 0.66 |
| Interest | 4.09 | 4.29 | 4.65 | 4.88 |
| Depreciation | 1.12 | 0.77 | 0.81 | 1.93 |
| Profit before tax | 10.00 | 6.81 | 8.52 | 7.98 |
| Tax % | 37.30% | 25.84% | 29.93% | 18.30% |
| Net Profit + | 6.26 | 5.05 | 5.98 | 6.52 |
| EPS in Rs | 1.46 | 0.85 | 1.00 | 1.09 |
Financials of Globe Civil Projects Ltd
Profit & Loss
Annual income statement trend
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|
| Sales + | 286 | 233 | 332 | 379 | 386 |
| Expenses + | 262 | 212 | 287 | 324 | 334 |
| Operating Profit | 24 | 21 | 45 | 54 | 53 |
| OPM % | 8% | 9% | 14% | 14% | 14% |
| Other Income + | 1 | 2 | 2 | 3 | 3 |
| Interest | 14 | 13 | 23 | 20 | 18 |
| Depreciation | 3 | 3 | 4 | 4 | 5 |
| Profit before tax | 7 | 7 | 21 | 33 | 33 |
| Tax % | 26% | 28% | 27% | 28% | |
| Net Profit + | 5 | 5 | 15 | 24 | 24 |
| EPS in Rs | 21.01 | 19.60 | 62.14 | 5.60 | 4.40 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
Financials of Globe Civil Projects Ltd
Balance Sheet
Capital structure and asset base
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 2 | 43 | 60 |
| Reserves | 55 | 60 | 75 | 63 | 165 |
| Borrowings + | 71 | 97 | 125 | 148 | 142 |
| Other Liabilities + | 102 | 115 | 115 | 112 | 92 |
| Total Liabilities | 230 | 275 | 318 | 367 | 459 |
| Fixed Assets + | 20 | 21 | 29 | 26 | 29 |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| Other Assets + | 210 | 254 | 289 | 340 | 430 |
| Total Assets | 230 | 275 | 318 | 367 | 459 |
Financials of Globe Civil Projects Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Cash from Operating Activity + | 7 | -11 | 3 | -11 |
| Cash from Investing Activity + | 0 | -3 | -8 | 3 |
| Cash from Financing Activity + | -10 | 15 | 5 | 9 |
| Net Cash Flow | -2 | 0 | -0 | 0 |
| Free Cash Flow | 8 | -15 | -9 | -12 |
| CFO/OP | 39% | -45% | 18% | -8% |
Financials of Globe Civil Projects Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 47 | 106 | 105 | 132 |
| Inventory Days | 936 | 858 | 1,312 | |
| Days Payable | 400 | 451 | 837 | |
| Cash Conversion Cycle | 583 | 514 | 580 | 132 |
| Working Capital Days | 75 | 108 | 72 | 67 |
| ROCE % | 13% | 24% | 23% |
Guidance history
How Globe Civil Projects Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q3 FY26 call → | 10–20% | Flat | Planned | None planned | Rising |
| 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.
