GLOBECIVILIndustrials

Globe Civil Projects Limited

Civil Construction · ISIN INE0V3U01015 · BSE 544424 · NSE EQ · FV ₹10
Last price
₹38
+1.91%today
What this company does

Globe Civil Projects Limited operates in Civil Construction, part of the Industrials sector. It booked ₹92 cr of revenue in its latest quarter (Q1 FY27) and kept 7.7% of sales as profit.

“The Company is primarily engaged in business of civil construction and undertakes construction contracts for Government Departments, Local Authorities, and other clients.”
In the report:
60out of 100
Equitytale Health Score
Mixed

Healthier than 60% of companies in Industrials, on the 5 of 6 measures we could read for it. Each measure is ranked against the 52–284 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
43

At close. Not part of the score.

Profitability & returns70

How much profit it earns on the money it employs

Balance sheet36

How much it owes, and whether earnings cover the interest

Cash quality11

Whether reported profit actually arrives as cash

Valuation98

What today's price implies, against our models or its peers · highest in its sector on what we could measure

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Sales up 37% vs last year
✓ Profit up 40% vs last year
✓ Promoters hold 63%
✓ No promoter shares pledged
Watch-outs
! Thin 7.7% net margin
! Operating cash flow is negative

What if I invest in GLOBECIVIL?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹38▲ +1.91%
latest close · 2026-11-04
52-wk low ₹3474 sessions so far52-wk high ₹49
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio8.1Low
LowAverageHigh
P/B ratio0.96Below book
Below bookModerateHigh
EV / EBITDA5.9Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity11.9%Fair
WeakFairStrong ▸15%
Return on capital21.9%Strong
WeakFairStrong
Net margin7.7%Decent
ThinDecentStrong
EBITDA margin17.1%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.63Moderate
LowModerateHigh ▸1
Interest cover3.5×Okay
RiskyOkayStrong ▸5×
Current ratio1.67Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹229 cr
Book value
₹40
EPS
₹1.19
latest quarter
Net debt
₹142 cr
owes more than its cash
Enterprise value
₹371 cr
EBITDA
₹63 cr
annualised
EBIT
₹56 cr
annualised
Operating margin
15.2%
Return on assets
5.2%
Earnings yield
12.41%
P/S
0.62
Sales / share
₹61.8
Tax rate
28.5%
Face value
₹10
Shares
6.0 cr
Working capital
₹190 cr
Current assets
₹473 cr
Current liabilities
₹284 cr
Delivery %
64.6%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the FY 2025 report & filings
not investment advice
Looks underpricedMedium confidence
Median of 2 models ₹60 vs market price ₹38 — price is 36% below it
Safety cushion+35.8%(target ≥ +20%)
Models span ₹49–₹71, midpoint ₹60
Model ₹60
Price ₹38
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹92 cr
Other Income₹61.9 L
Total Income₹93 cr
Cost of Materials₹35 cr
Purchases of Stock-in-Trade₹71.6 L
Inventory Change (±)₹-4 cr
Employee Benefit Expense₹3 cr
Finance Costs₹4 cr
Depreciation & Amortisation₹2 cr
Other Expenses₹42 cr
Total Expenses₹83 cr
Profit before Tax₹10 cr
Tax Expense₹3 cr
Share of JV / Associates₹-6.8 L
Net Profit₹7 cr
Net margin on total income7.6%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹32 cr34.6%
Employee benefit expense₹3 cr3.4%
Finance costs₹4 cr4.3%
Depreciation & amortisation₹2 cr1.9%
Other expenses₹42 cr45.0%
Tax expense₹3 cr3.1%
Profit for the period₹7 cr7.6%
Total income ₹93 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue101 cr143 cr92 cr
Total income102 cr144 cr93 cr
Expenses94 cr136 cr83 cr
Profit before tax8 cr8 cr10 cr
Tax1 cr2 cr3 cr
Net profit (owners' share)7 cr6 cr7 cr
Net margin (owners' share, on revenue)6.4%4.0%7.7%
EPS (₹)1.100.951.19
YoY (latest quarter): total income +37.3% · net profit +40.4%
Balance sheet & cash flow · as of Mar 2026
Moderate debt
Total assets
₹541 cr
Shareholder equity
₹238 cr
parent shareholders
Total debt
₹150 cr
Cash
₹8 cr
Cash flow · H1 FY26
Operating
₹-69 cr
Investing
₹1 cr
Financing
₹92 cr
Peer comparison
Civil Construction · by market value
CompanyPriceMarket capP/E
Larsen & Toubro Limited₹3,948₹5.43 L cr26.1
Rail Vikas Nigam Limited₹184₹38,414 cr60.6
Kalpataru Projects International Limited₹1,321₹22,570 cr18.2
Cemindia Projects Limited₹1,271₹21,829 cr38.7
NBCC (India) Limited₹75₹20,320 cr33.0
IRB Infrastructure Developers Limited₹16₹19,687 cr16.3
Engineers India Limited₹289₹16,257 cr20.7
Techno Electric & Engineering Company Limited₹850₹9,887 cr26.5
Ircon International Limited₹100₹9,390 cr25.2
Same industry · latest reported numbers · not a recommendation.
Who owns it · 2026-09-30
No pledge
Promoter
63.4%
FII / Foreign
0.9%
DII / Domestic
6.2%
Retail / others
29.5%
Smart-money activity
Bulk / block deals
BoughtMILAN JAYVANTLAL MITHANI(HUF) · NSE4.40 L @ ₹62.2325 Nov 25
SoldBENANI CAPITAL SCHEME 1 · NSE3.00 L @ ₹72.1728 Oct 25
SoldMAYBANK SECURITIES PTE LTD · NSE4.23 L @ ₹75.571 Oct 25
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 25 Sep 2026
See the official result
1
To receive, consider and adopt: a. The Audited Standalone Financial Statement of the Company for the Financial Year ended March 31, 2026 and Report of Board of Directors and Auditors’ thereon; b. The Audited Consolidated Financial Statement of the Company for the Financial Year ended March 31, 2026 and report of Auditors’ thereon;
Backed by 100% of shareholders other than promotersneeded 50%
29.60 L votes for, 33 against · 0% of mutual funds and other big investors said no
2
To Re- Appoint Mr. Nipun Khurana (DIN: 00513517) who retires by rotation as Director
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
29.60 L votes for, 263 against · 0% of mutual funds and other big investors said no
3
To ratify the Remuneration of the Cost Auditors for the Financial Year ending March 31, 2027.
Backed by 100% of shareholders other than promotersneeded 50%
29.60 L votes for, 273 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 44 named members
owning 63.4% between them · as of 2026-09-30
VIPUL KHURANA26.90%
NIPUN KHURANA26.87%
VED PRAKASH KHURANA9.67%
Apeksha Kakkarno shares
Araanya Khuranano shares
ARCHIT & CO. PRIVATE LIMITEDno shares
Archit Kakkarno shares
Ekaansh Khuranano shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹119 cr raised in Jul 2025 by selling shares to the public

As of Jun 2026, the company says it has spent 96% of what it set aside, leaving ₹5 cr still to be spent. CARE RATINGS LIMITED watches the spending on the exchange’s behalf.

Working Capital
100%
₹75 cr of ₹75 cr
Capital Expenditure
79%
₹11 cr of ₹14 cr
General Corporate Purpose
90%
₹15 cr of ₹17 cr
Issue Related Expenses
100%
₹13 cr of ₹13 cr
Spent by quarter: 81% → 87% → 91% → 96% (to Jun 2026)
₹119 cr raised in Jun 2025 by selling shares to the public

As of Jun 2025, the company says it has spent 0% of what it set aside, leaving ₹119 cr still to be spent. CARE Rating Limited watches the spending on the exchange’s behalf.

Working Capital Requirements
0%
₹0 cr of ₹75 cr
Capital Expenditure
0%
₹0 cr of ₹14 cr
General Corporate Purpose
0%
₹0 cr of ₹17 cr
Issue Related expenses
0%
₹0 cr of ₹13 cr

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.