Globe Civil Projects Q1FY27 PAT up 40% to ₹70.91 million; order book hits ₹1,000 crore
Globe Civil Projects posted a 40% YoY rise in Q1FY27 consolidated PAT to ₹70.91 million, driven by a 37% jump in total income to ₹929.23 million. The company's order book surpassed ₹1,000 crore following key wins from NBCC and IITs, ensuring strong revenue visibility.
*this image is generated using AI for illustrative purposes only.
Globe Civil Projects reported a 40% year-on-year increase in consolidated net profit after tax (PAT) to ₹70.91 million for the quarter ended June 30, 2026. The engineering, procurement and construction (EPC) firm’s consolidated total income rose 37% to ₹929.23 million, compared to ₹676.98 million in the corresponding quarter of the previous fiscal. Standalone revenue from operations increased 41% to ₹918.41 million, while standalone PAT climbed 42% to ₹71.60 million. The board of directors approved the unaudited financial results in a meeting held on August 12, 2026.
Financial Performance
The company’s profitability metrics expanded alongside top-line growth, supported by disciplined execution and efficient resource utilization across ongoing projects. Consolidated earnings before interest, tax, depreciation and amortization (EBITDA) rose 33% to ₹158.05 million, resulting in an EBITDA margin of 17.01%, compared to 17.55% in Q1FY26. Consolidated net profit margin improved to 7.63% from 7.46% in the prior year period.
On a standalone basis, earnings per share (EPS) stood at ₹1.20, up from ₹1.16 in Q1FY26. Consolidated EPS remained flat at ₹1.19 versus ₹1.16 in the same period last year. Total comprehensive income on a consolidated basis was ₹70.23 million, against ₹50.77 million in Q1FY26. Equity share capital remained unchanged at ₹597.19 million.
| Metric: | Q1FY27 (Consolidated): | Q1FY26 (Consolidated): | Change: |
|---|---|---|---|
| Total Income: | ₹929.23 million | ₹676.98 million | +37% |
| EBITDA: | ₹158.05 million | ₹118.81 million | +33% |
| EBITDA Margin: | 17.01% | 17.55% | - |
| Net Profit After Tax: | ₹70.91 million | ₹50.50 million | +40% |
Business Highlights
Globe Civil Projects continued its focus on government-focused EPC projects, maintaining a diversified portfolio across education, healthcare, housing, sports, commercial and transportation infrastructure. Key clients include the Central Public Works Department (CPWD), NBCC, IITs and NITs. The company emphasized selective bidding, timely execution and expansion into new geographies as part of its disciplined growth strategy.
Mr. Vipul Khurana, Managing Director, stated that the performance reflects continued focus on disciplined execution and efficient resource utilization. He noted that the healthy order book and continued project opportunities across institutional and infrastructure segments provide a strong foundation for future growth. The company remains focused on prudent project selection, efficient working capital management and timely execution.
Order Book Growth
The company’s consolidated order book crossed the ₹1,000+ crore milestone in FY26, strengthening its revenue visibility for the next two to three years. Recent major orders secured in FY26 include:
- ₹172.99 crore EPC order from NBCC for Central University of Punjab campus development.
- ₹222.20 crore order from Haryana Cricket Association for International Cricket Stadium at Jhajjar.
- ~₹70.92 crore project for Kotak School of Sustainability at IIT Kanpur.
- Project from IIT Delhi valued at approximately ₹98.85 crore.
The order book stood at ₹730 crore at the end of FY26, up from ₹669.1 crore in FY25 but lower than the ₹980.85 crore recorded in FY24.
What the Numbers Show
Revenue growth outpaced EBITDA growth slightly on a consolidated basis, with total income rising 37% while EBITDA climbed 33%. This resulted in a marginal compression in EBITDA margin from 17.55% to 17.01%, indicating modest operational leverage despite volume expansion. However, net profit margin expanded from 7.46% to 7.63%, suggesting effective cost control below the operating level. The near-parity between standalone and consolidated figures suggests minimal impact from subsidiaries or associates in this quarter.
Regulatory Compliance
The results were reviewed by the audit committee and approved by the board of directors. Statutory auditors conducted a limited review of the unaudited financial results pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The full format results are available on the stock exchange websites and the company’s official website.
Historical Stock Returns for Globe Civil Projects
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.76% | -9.63% | +2.13% | -5.70% | -43.05% | 0.0% |
How might the slight compression in EBITDA margins from 17.55% to 17.01% impact future profitability if input costs for construction materials rise?
What is the expected timeline for converting the ₹1,000+ crore order book into recognized revenue, and how does this visibility affect cash flow projections for FY27?
Given the heavy reliance on government entities like CPWD and NBCC, how exposed is Globe Civil Projects to potential delays in public sector fund disbursements?
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