Globe Civil Projects Q1 FY27 Revenue Rises 37% to ₹92.9 Crore, PAT Grows 40%
Globe Civil Projects reported a 37% revenue increase to ₹92.9 crore in Q1 FY27. PAT grew 40% to ₹7.09 crore, with EBITDA at ₹15.80 crore. Growth driven by post-IPO projects like Central University, Bathinda. Company targets ₹1,200-1,500 crore order book and maintains ~17% EBITDA margin.
The significant year-on-year growth in key financial metrics like revenue and profit, coupled with a strong order book and positive future outlook, suggests a material impact on the company's financial standing and investor perception.
The company reported strong year-on-year growth in revenue, EBITDA, and profit after tax, indicating a positive financial performance. Management's outlook and strategies for future growth also contribute to a positive sentiment.
Globe Civil Projects Limited announced its financial results for the first quarter of FY27, reporting a consolidated total income of ₹92.92 crore (929.23 million), a significant increase of 37.26% compared to ₹67.70 crore (676.98 million) in the same quarter of the previous year. The company's EBITDA for the quarter stood at ₹15.80 crore, marking a 33.03% year-on-year growth from ₹11.88 crore, with an EBITDA margin of 17.01%. Profit After Tax (PAT) surged by 40.42% to ₹7.09 crore from ₹5.05 crore in Q1 FY26, resulting in a net profit margin of 7.63%.
The management attributed the strong revenue growth primarily to projects secured post-IPO, including the Central University at Bathinda, Haryana Cricket Association, and Kanpur projects. The company has achieved an order book of ₹1,000 crore in August 2025. Key projects contributing to the revenue this quarter included the Central University in Bathinda and an NBCC project.
Globe Civil Projects Limited maintains a focus on disciplined execution, efficient project management, and timely delivery across its diverse portfolio, which spans infrastructure, education, healthcare, housing, sports, commercial, and transportation segments. The company works with institutional and government-linked clients such as CPWD, NBCC, and IITs. Management expressed confidence in maintaining growth momentum, citing opportunities from government-led infrastructure spending and a new master plan for Delhi. The company aims to maintain its EBITDA margins around 17% and expects potential improvement as it undertakes larger projects.
Looking ahead, Globe Civil Projects Limited targets an order book of ₹1,200-1,500 crore within the next three quarters. The company is actively bidding for new projects worth approximately ₹800 crore. Key priorities include maintaining steady growth, improving working capital efficiency, and pursuing opportunities aligned with its risk framework. The company is also exploring expansion into sports infrastructure as a new segment, having already undertaken projects in this area. Management reiterated its commitment to balancing its order book between government and private sector projects, with a focus on projects with strong funding.
The company has a current order book of approximately ₹700 crore and plans to add at least ₹500 crore in the next six months. For FY27, it expects to execute ₹300-350 crore from its existing order book, with potential additional revenue from new projects. The company's execution capacity allows for managing 10-15 projects simultaneously, with 11-12 projects currently in progress.
A plain-language summary of a public exchange filing by Globe Civil Projects Limited. Read the original for the full detail.