GLOBECIVIL
Globe Civil Projects financials
- Market cap
- ₹272 Cr
- Sector
- Construction
- Calls analysed
- 5
Globe Civil Projects Limited Q1 FY27
What went well
- Revenue of INR 92.923 crores, up 37.26% YoY, driven by post-IPO projects.
- EBITDA margin maintained at 17.01%, reflecting disciplined execution and selective bidding.
- Profit after tax increased by 40.42% YoY to INR 7.09 crores.
What to watch
- Receivable days are 'a little high nowadays' due to pending final bills on three completed projects.
- Inventory increased by INR 162 crores due to advance material procurement in February/March 2026, influenced by rising prices from a 'war situation'.
What Globe Civil Projects Limited does
Globe Civil Projects is a New Delhi-based Engineering, Procurement and Construction (EPC) company that designs, builds and commissions large institutional and public infrastructure projects across India. It offers integrated in-house capabilities spanning civil and structural works, MEP (mechanical, electrical, plumbing) services, HVAC systems and turnkey execution from design coordination through commissioning. Its client base is dominated by government and public-sector bodies such as CPWD, NBCC, RLDA, IITs and NITs, for whom it builds education institutions, hospitals, sports infrastructure, railway and airport terminals, roads & bridges, housing and commercial offices, taking on select private projects and project-specific joint ventures for larger contracts.
Segments
- Educational & Institutional
- Housing
- Sports Infrastructure
- Government Infrastructure
- Transport & Logistics
- Commercial Offices
- Presence across states
- 11+ states (Delhi, Haryana, Punjab, Gujarat, Uttar Pradesh, Karnataka, Maharashtra, Rajasthan, Chhattisgarh, Andhra Pradesh, Chandigarh, Himachal Pradesh)
- Projects completed
- 37+
- Projects currently under execution
- 13
- Employees (technical & administrative team)
- 120+
- CPWD Class-I Super Contractor bid eligibility
- Up to ₹6,500 million per project
- Joint ventures formed
- 6 (as of March 31, 2025)
Guidance record · Q1 FY27
what the last two calls moved 11 tracked 2 delivered 3 missed 6 open- EBITDA Margin delivered said Q1 FY26 Promised: Maintain current margins and increase by 1% or 2% via direct contracts Q1 FY27: Q1 FY27 EBITDA margin reported at a strong 17.01%, exceeding the implicit target. Management now guides for sustaining this level.
- Revenue Growth went quiet said Q4 FY25 Promised: 15% to 20%, 25% CAGR Q1 FY27: FY26 is complete, but management did not comment on the final annual growth figure against the revised 15% target.
- Working Capital Cycle at risk said Q3 FY26 Promised: Reduce to 75-80 days Q1 FY27: Management states receivable days are 'a little high', indicating no progress towards the 75-80 day target. Resolution for some pending bills is guided for Q2 FY27.
All 11 tracked — every revision, and every one management stopped mentioning.
Open the guidance ledgerQuarterly results
Q1 FY27: revenue up 37.0%, net profit up 40.4% against the same quarter last year.
| Line item | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|
| Revenue | 124 | 67 | 94 | 101 | 143 +16% | 92 +37% |
| EBITDA | 14 | 12 | 13 | 14 | 15 +6% | 15 +31% |
| Net profit | 6 | 5 | 6 | 7 | 6 −8% | 7 +40% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −43.1% 1Y
1Y: ₹77.63 on 10 Sept 2025 → ₹44.21. High ₹79.72 (11 Sept 2025), low ₹33.86 (30 Mar 2026).
How the price took the results
close before → close after
- Q1 FY27
- +8.5%
- 25 Aug
- Q3 FY26
- −1.2%
- 20 Feb
- Q2 FY26
- +14.9%
- 26 Nov
The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.
Financials, as filed
| Year ending | FY26 |
|---|---|
| Revenue | ₹406 Cr |
| Operating profit | ₹54 Cr |
| Operating margin | 13.3% |
| Interest | ₹20 Cr |
| Depreciation | ₹5 Cr |
| Net profit | ₹23 Cr |
| Net margin | 5.7% |
| Cash from operations | ₹-54 Cr |
| Free cash flow | ₹-75 Cr |
| ROCE | 16.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Equity capital | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹60 Cr | ₹60 Cr |
| Reserves | ₹55 Cr | ₹60 Cr | ₹75 Cr | ₹165 Cr | ₹178 Cr |
| Borrowings | ₹71 Cr | ₹97 Cr | ₹125 Cr | ₹142 Cr | ₹150 Cr |
| Other liabilities | ₹102 Cr | ₹115 Cr | ₹116 Cr | ₹92 Cr | ₹153 Cr |
| Total liabilities | ₹230 Cr | ₹275 Cr | ₹318 Cr | ₹459 Cr | ₹541 Cr |
| Fixed assets | ₹20 Cr | ₹21 Cr | ₹29 Cr | ₹29 Cr | ₹42 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹210 Cr | ₹254 Cr | ₹289 Cr | ₹430 Cr | ₹499 Cr |
| Total assets | ₹230 Cr | ₹275 Cr | ₹318 Cr | ₹459 Cr | ₹541 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public added +6.52 pp while DIIs trimmed −4.22 pp. The shareholder count shrank 22% to 22,432.
- Promoters
- 63.4%
- FIIs
- 0.9%
- DIIs
- 6.3%
- Public
- 29.3%
Since Jun 2025
- Public +6.52 pp
- DIIs −4.22 pp
- FIIs −2.35 pp
How it drifted, 5 quarters
Over this window the public went from 22.8% to 29.3% — +6.5 pp.
Ownership split by quarter, oldest first. Jun '25: Promoters 63.4%, FIIs 3.3%, DIIs 10.6%, Public 22.8%.Sep '25: Promoters 63.4%, FIIs 2.0%, DIIs 6.0%, Public 28.6%.Dec '25: Promoters 63.4%, FIIs 0.9%, DIIs 5.6%, Public 30.1%.Mar '26: Promoters 63.4%, FIIs 0.9%, DIIs 6.0%, Public 29.6%.Jun '26: Promoters 63.4%, FIIs 0.9%, DIIs 6.3%, Public 29.3%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Globe Civil Projects Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Vipul Khurana | 26.90% | unchanged |
| Nipun Khurana | 26.87% | unchanged |
| Ved Prakash Khurana | 9.67% | unchanged |
| Mukesh Chand Jain | 2.81% | unchanged |
| Chanakya Opportunities Fund I AIF | 2.67% | unchanged |
| Indubala Mukeshchand Jain | 2.11% | unchanged |
| Palak Mukesh Jain | 2.11% | unchanged |
| Steptrade Revolution Fund AIF | 1.38% | unchanged |
| Sumeer Farms Private Limited | 0.00% | unchanged |
| Kakkar Marketing And Trading Private Limited | 0.00% | unchanged |
| Yogesh Chandna | 0.00% | unchanged |
| Archit & Co. Private Limited | 0.00% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
All earnings calls (5)
Read the Q1 FY27 call →Learn to analyse Globe Civil Projects Limited
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