A newly listed EPC player saw shares rise 4% after bagging a ₹222 crore stadium project in Haryana. Despite recent revenue and profit declines, its diversified portfolio and strong order wins across education and infrastructure boost long-term growth prospects.
The shares of the prominent construction company gained up to 4 percent from the day’s low after the company secured a significant work order from Haryana Cricket Association, Bhiwani, Haryana, worth Rs 222 crore.
With a market capitalization of Rs 477.87 crore, the shares of Globe Civil Projects Ltd were trading at Rs 80.02 per share, decreasing around 1.68 percent as compared to the previous closing price of Rs 81.37 apiece.
According to the company filing, Globe Civil Projects Ltd has secured a letter of award from Haryana Cricket Association for constructing an International Cricket Stadium at Lohat, Jhajjar, Haryana.
The project, valued at ₹222.20 crore, involves complete stadium construction and is scheduled to be executed within 24 months, strengthening the company’s infrastructure portfolio.
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Earlier, the company secured a letter of award for a major infrastructure project at the Central University of Punjab in Ghudda, Bathinda. The Rs 173 crore EPC contract covers academic and residential buildings, along with campus development. The project is to be completed within 21 months, boosting investor confidence.
Looking forward to the company’s financial performance, revenue decreased by 46 percent from Rs 124 crore in Q4FY25 to Rs 67 crore in Q1FY26. Further, during the same time frame, net profit decreased by 19 percent from Rs 6.26 crore to Rs 5.05 crore.
Globe Civil Projects is an integrated engineering, procurement, and construction (EPC) company based in New Delhi. It is involved in the execution and construction of infrastructure and non-infrastructure projects across multiple sectors. These include transport and logistics infrastructure, social and commercial buildings, residential buildings, and commercial office spaces.
Globe Civil Projects Ltd derives a major 53.34 percent of its revenue from educational institution projects, highlighting its core strength. Other contributors include commercial offices (13.07 percent), railway terminals (10.03 percent), sports infrastructure (7.79 percent), hospitals (7.72 percent), roads and bridges (5.29 percent), and housing projects (2.83 percent), reflecting its diversified presence across both infrastructure and non-infrastructure segments.
Globe Civil Projects Ltd, with a track record of completing 37 projects over two decades, is currently executing 13 projects. The company boasts experience across diverse sectors such as hospitals, educational institutions, railway terminals, and office buildings.
Globe Civil Projects Ltd is currently executing its largest project, the NIT Narela Campus, spanning over 688,900 sq ft with an estimated cost of Rs. 327 crore. The company highlights its in-house engineering and design team, skilled in civil, electrical, and mechanical works, and deploys dedicated quality system managers for regular site inspections to ensure project compliance and standards.
Written by Abhishek Singh
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