Globe Civil Projects Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
GLOBECIVIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Globe Civil Projects reported standalone total income of Rs 1,762.9 million for FY March 2026, up approximately 62% from Rs 1,089.9 million in the prior year. Standalone profit after tax was Rs 240.61 million, marginally lower than the prior year's Rs 240.82 million, suggesting costs grew faster than revenue. The company listed on NSE and BSE in July 2025 via an IPO raising Rs 1,190 million. Operating cash flow for the year was deeply negative at Rs 538.9 million due to a large increase in trade receivables (Rs 614 million) and inventories (Rs 508.6 million), common in the EPC business. Auditors issued an unmodified opinion, and both cost and internal auditors were reappointed for FY 2026-27.
Strong revenue growth was offset by flat profits and significant negative operating cash flow, which could raise concerns about the company's ability to manage working capital in its construction business despite the IPO proceeds.