Globe Civil Projects Limited, a leading integrated engineering, procurement, and construction (EPC) company, has reported a robust order book of Rs. 1,000.00 crores, signaling strong growth prospects for the company. In a recent earnings call, the management disclosed several key developments and future strategies.

New Order Wins

The company has secured new orders worth approximately Rs. 450.00 crores within 55 days of its initial public offering (IPO) listing. These orders include:

1. Rs. 172.99 crores EPC contract for the Central University of Punjab
2. Rs. 61.78 crores contract for IIT Kanpur's Kotak School of Sustainability
3. Rs. 220.20 crores project from the Haryana Cricket Association for an International Cricket Stadium

Financial Performance and Outlook

For Q1, Globe Civil Projects reported:

The management has projected a 20-25% revenue growth and aims to maintain this growth rate for the next 3-5 years. The company's goal is to double its turnover within 4-5 years.

Project Portfolio and Strategy

Globe Civil Projects currently has 15 ongoing projects, with six scheduled for completion. Nearly 90% of the company's portfolio consists of government-funded projects across 11 states, ensuring strong cash flow visibility and reduced working capital risk.

The company's strategy focuses on:

1. Disciplined and profitable growth
2. Selective bidding for projects meeting return benchmarks
3. Maintaining margins through escalation clauses and efficient execution
4. Streamlining operations by exiting the trading business

Dividend Plans

Management announced plans to begin dividend payments, demonstrating confidence in the company's financial performance and commitment to shareholder returns.

Sector Focus and Expertise

Globe Civil Projects has expertise in complex and specialized segments, including:

• Railway bridges
• Elevated railway terminals
• Airports
• Hospitals and advanced healthcare facilities

The company's turnkey expertise spans MEP services, HVAC systems, firefighting solutions, and architecture and structure work.

Outlook

With India's infrastructure sector poised for significant growth and the company's integrated capabilities, proven execution track record, and disciplined bidding strategy, Globe Civil Projects is well-positioned to capitalize on the momentum in the industry. The management's focus on high-margin, complex projects through selective bidding is expected to drive sustainable long-term value for stakeholders.

As the company continues to expand its order book and maintain strong financial performance, investors will be watching closely to see if Globe Civil Projects can achieve its ambitious growth targets in the coming years.

Globe Civil Projects , a prominent player in the civil engineering and construction sector, has reported a significant milestone in its business operations. The company has announced that its order book value has exceeded ₹1,000 crore, marking a substantial achievement in its project pipeline.

Strong Order Book and Market Valuation

The robust order book of over ₹1,000 crore demonstrates Globe Civil Projects' strong market position and its ability to secure large-scale projects. This impressive figure suggests a healthy pipeline of work that could potentially translate into revenue in the coming quarters, subject to project execution and timelines.

Alongside this achievement, the company's market capitalization currently stands at ₹490.00 crore. This valuation reflects the market's current assessment of Globe Civil Projects' equity value, taking into account various factors such as its financial performance, growth prospects, and industry position.

Upcoming Earnings Call

Globe Civil Projects has scheduled an earnings call for the quarter ended June 30. The call is set to take place on Monday, August 25, at 4:00 PM (IST). During this call, the senior management will discuss the company's financial results with analysts and investors.

Key participants from the management team who will be present during the earnings call include:

• Mr. Ved Prakash Khurana, Chairman & Whole-time Director
• Mr. Vipul Khurana, Managing Director
• Mr. Raghav Aggarwal, Chief Financial Officer

This upcoming earnings call presents an opportunity for stakeholders to gain deeper insights into the company's performance, including potentially more details about the reported order book value and its implications for future growth.

Investors and analysts interested in participating in the earnings call can access it through various means:

• Universal Dial-In: +91 22 6280 1239 / +91 22 7115 8140
• Diamond Pass Registration: Available through a provided link

The company has also stated that an audio replay of the conference call will be made available on their website following the event.

As Globe Civil Projects continues to strengthen its market position with a substantial order book, investors and industry observers will likely be keen to hear more about the company's strategies for executing these projects and its outlook for future growth during the upcoming earnings call.