India’s Biggest Indoor Track: Small-Cap Stock Bags Rs 24 Crore Project

Complete Sports and Management India Limited has secured an order worth approximately Rs 24 crore from a large South India-based company to design and construct what is planned to be India’s first and largest indoor go-karting track.

The contract adds a new entertainment infrastructure project to CSML’s Order Book and expands its work beyond conventional sports-related assignments. The company will undertake the design, development, execution and Construction of the indoor facility, along with associated infrastructure and related requirements.

The project is significant because it places CSML in a specialised segment of location-based entertainment, where the company’s role will extend from project development through construction. Indoor go-karting facilities require purpose-built track layouts, safety systems, visitor areas and supporting infrastructure, making execution different from a standard civil construction assignment.

CSML did not identify the customer, specify the project location or disclose an execution schedule. These details will remain relevant for assessing when the order may translate into revenue and whether the company receives further work from the customer.

Rohit Rajesh Mathur, Chairman and Managing Director of CSML, said the order reflected the customer’s confidence in the company’s capabilities and was an important addition to its growing order book. He said CSML aimed to continue building its presence in entertainment and recreational infrastructure.

The company said it is pursuing opportunities across sports, gaming, entertainment and recreational infrastructure, including with customers in India and overseas. The latest contract supports that stated strategy, although the announcement does not provide the size of the existing order book or the expected contribution of the project to earnings.

For a company with a market capitalisation of about Rs 298.12 crore, the Rs 24 crore contract is a meaningful disclosed project win. However, the order value should not be equated with revenue or profit, since the financial impact will depend on the project’s construction schedule, costs, contract terms and execution performance.

As of 9:35 AM on September 21, 2026, CSML shares were trading at Rs 150.00, up 3.45 per cent from the previous close of Rs 145.00. The stock was about 3.8 per cent below its 52-week high of Rs 156.00 and around 4.6 per cent above its 52-week low of Rs 143.35, indicating that it has traded within a relatively narrow range over the past year.

The order also comes as indoor leisure and experiential entertainment formats seek to attract customers looking for organised recreation options. For CSML, the immediate test will be timely project execution, particularly as the company has positioned the assignment as a large-scale entertainment and gaming infrastructure development.

Disclaimer: The article is for informational purposes only and not investment advice.