Rs 1,000 Crore Order Book: CPWD Contractor EPC Company Secures Rs 222.20 Crore Contract from Haryana Cricket Association for Construction of International Cricket Stadium in Lohat, Jhajjar
DSIJ Intelligence-2 / 20 Aug 2025/ Categories: Mindshare, Trending
The company secured new orders worth Rs 450 crore in the last 45 days, of which projects worth Rs 325 crore have commenced.
Globe Civil Projects Limited has announced a significant new order valued at Rs 222.20 crore from the Haryana Cricket Association, Bhiwani. This substantial contract is for the construction of an International Cricket Stadium in Lohat, District Jhajjar, Haryana. The project is expected to be completed within a period of 24 months.
On the receipt of the order, Mr. Ved Prakash Khurana, Chairman and Whole-time Director of Globe Civil Projects Limited said, “Securing this Rs 222 Crore order from the Haryana Cricket Association for the construction of an International Cricket Stadium at Lohat, Jhajjar, is an important milestone for the company. The project marks our entry into the sports infrastructure segment and reflects the confidence of our stakeholders in our ability to deliver large-scale assignments with precision and reliability. We view this development as an opportunity to contribute to the state’s sporting ecosystem by creating a facility of long-term relevance and value.
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Our teams are fully prepared to execute the project within the stipulated 24-month timeline. Leveraging our multidisciplinary expertise across civil works, structural engineering, and project management, we will ensure seamless execution from start to finish. We remain committed to maintaining the highest benchmarks of quality, safety, and operational efficiency throughout the project cycle. This assignment further underscores the company’s philosophy of building enduring infrastructure that supports progress, community development, and national aspirations.”
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Earlier, Globe Civil Projects Ltd announced its unaudited Q1 FY26 results. On a standalone basis, the company reported a total income of Rs 365.50 crore, EBITDA of Rs 11.88 crore with an 18.14 per cent margin, and PAT of Rs 25.06 crore with a 7.72 per cent margin, translating into EPS of Rs 1.6. Consolidated results showed income of Rs 367.70 crore, EBITDA of Rs 11.88 crore with a 17.55 per cent margin, and PAT of Rs 25.05 crore.
The company secured new orders worth Rs 450 crore in the last 45 days, of which projects worth Rs 325 crore have commenced. With an order book of around Rs 1,000 crore and discontinuation of its trading business to focus solely on EPC, the company expects stronger execution in the second half of the fiscal.
About Company
Over the past year, the shares have traded between a high of Rs 95 and a low of Rs 73.44. The company has been actively participating in multiple infrastructure projects that may support future growth. For the financial year ending March 2025, the company reported a Total Revenue of Rs 379 crore and a Net Profit of Rs 24 crore.
Globe Civil Projects Limited is a New Delhi–based integrated engineering, procurement, and construction (EPC) company. It undertakes infrastructure and non-infrastructure projects across India, focusing on transport, logistics, commercial buildings, residential complexes, and offices. Its key specialisation lies in educational institutions and railway infrastructure, while it also executes specialised projects such as railway bridges, airport terminals, elevated railway terminals, and hospitals. The company is additionally involved in trading thermo-mechanically treated (TMT) steel and providing allied services like mechanical, electrical, plumbing (MEP), HVAC, and fire safety systems.
Disclaimer: The article is for informational purposes only and not investment advice.