NSE: GLOBECIVIL · BSE: 544424
GLOBE CIVIL PROJECTS LTD
Contracts and builds institutional, infrastructure and commercial projects across India, earning the bulk of revenue from engineering, procurement and construction (EPC) work. In FY26, the EPC segment contributed Rs 369.98 cr, or 97.7% of segment revenue, with a trading arm contributing Rs 8.59 cr (2.3%); the trading business has since been wound down. Customers are predominantly central government bodies and public institutions — CPWD, NPCC, TCIL, IITs, NITs and central universities — with roughly 90% of the order portfolio funded by central government projects. Operations span 11+ states with 40+ years of track record, and recent order wins include a Haryana International Cricket Stadium (Rs 220.2 cr), Central University of Punjab (Rs 172.99 cr), IIT Kanpur (Rs 61.78 cr) and an IIT Delhi residential building (Rs 98.85 cr, won as L1 bidder). Other operating expenses at 56.8% of FY26 revenue form the largest cost line, followed by materials at 36.3%; employee costs are unusually low at 2.6%. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Engineering, Procurement and Construction (EPC) (98%), Trading (2%). Project-based, tender-driven EPC contractor heavily dependent on central government spending
Exhibit 1: Financial summary, FY25–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY25 | FY26 |
|---|---|---|
| Revenue | 379 | 406 |
| EBITDA (ex other income) | 54 | 54 |
| margin % | 14.2 | 13.3 |
| Owners' profit | 24 | 23 |
| EPS, as reported (₹) | 5.52 | 4.18 |
| ROE % · ROCE % | 22.6 · 41.5 | 9.8 · 20.2 |
| Debt / equity (x) | 1.39 | 0.63 |
| Cash from operations | (11) | (54) |
| Capex | (2) | (21) |
Exhibit 2: Quarterly performance, last 6 quarters
| ₹ crore | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|
| Revenue | 124 | 67 | 94 | 101 | 143 | 92 |
| Profit before tax | 10 | 7 | 9 | 8 | 8 | 10 |
| Net profit | 6 | 5 | 6 | 7 | 6 | 7 |
| EPS (₹) | 1.44 | 1.16 | 0.97 | 1.10 | 0.95 | 1.19 |
Exhibit 3: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 24 Oct 2026 · Tax Department files complaint over delayed tax deposit | regulatory legal | high | — | — |
| 8 Oct 2026 · Registrar certificate for securities demat and remat filed for September 2026 quarter | compliance | minimal | — | — |
| 26 Sept 2026 · Globe Civil Projects 24th AGM: all 3 resolutions passed with 99.99 percent support | compliance | minimal | — | — |
| 25 Sept 2026 · Globe Civil Projects 24th AGM held on Sep 25, 2026 via video conferencing | board shareholder meetings | low | — | — |
| 25 Sept 2026 · Globe Civil Projects shares Chairman speech at 24th AGM | investor communications | low | — | — |
| 22 Sept 2026 · Trading window closed from Oct 1 ahead of Q2 results | compliance | minimal | — | — |
| 12 Sept 2026 · Globe Civil Projects clarifies omitted page in Q1 FY27 review report | compliance | minimal | — | — |
| 3 Sept 2026 · Globe Civil Projects: 24th AGM notice and e-voting details | compliance | minimal | — | — |
| 2 Sept 2026 · Dispatch of 24th AGM Notice and FY26 Annual Report to Shareholders | compliance | minimal | — | — |
| 1 Sept 2026 · Globe Civil Projects files newspaper ad for 24th AGM and e-voting details | compliance | minimal | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
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| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.