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Revenue
₹101.43 Cr
verified against source
Revenue YoY
—
reported change
EBITDA
Pending
latest reported figure
Source
screener in
record provenance
Actual signal trajectory
Where this quarter sits.
Quarter read
What the record says.
Globe Civil Projects reported Q3 FY26 standalone revenue of ₹93.76 crore and net profit of ₹6.53 crore, with EBITDA margin stable at 15.89%. The order book stands at ₹850 crore, providing ~2x book-to-bill visibility. Growth was impacted by pollution-related construction bans in Delhi NCR, delaying projects and lowering FY26 revenue growth guidance to 15-20% from the earlier 20-25%. Management maintains a medium-term target of 20% annual growth, supported by a bidding pipeline of ₹500 crore and focus on institutional buildings and sports infrastructure. Key risk: continued regulatory delays in NCR could further hamper execution and margin expansion.
Colored figures show movement against the previous available record.
Guidance to track
- Revised down from 20-25% due to pollution delays in Delhi NCR; Q4 expected to be stronger.
- Targeting 20% year-on-year growth in revenue and profitability, supported by order book and bidding pipeline.
- Aiming to increase from current 2.0x to 3.0x by securing 3-4 more large projects.
- Targeting reduction from 105 days as large projects near completion and receivables are collected.
Risks flagged
- Government-mandated construction halts during high pollution levels delay project timelines and increase overheads.
- One major project (Haryana Cricket Association) delayed due to pending approvals, impacting revenue recognition.
- ~70% of order book from government clients; any slowdown in government capex could affect order inflows.
Key quotes
- We are selective in bidding. We don't bid each and every project. We only bid the project where our chances are very high of getting it.
- We are expecting around 20 to 25% growth every year and our eligibility is also increasing with completion of every bigger projects.
- Our focus is to have a niche area in social in sports infrastructure. So that was the purpose and that's why we took a stadium project.
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