What Is the Order?
Complete Sports and Management India Limited has entered into a definitive agreement with a large South India-based company for a comprehensive infrastructure project. The order, valued at approximately ₹24 crore, tasks CSML with the complete design, development, execution, and construction of India’s first and largest indoor go-karting track. Beyond the track itself, the scope extends to the delivery of all associated infrastructure and related requirements necessary for a world-class recreational facility.
This project is positioned as a landmark development in the domestic indoor entertainment space, highlighting the company's technical capabilities in specialized construction.
Business Impact
The acquisition of this ₹24 crore contract significantly bolsters CSML's order book and enhances its visibility in the high-growth indoor entertainment segment. Financially, the order size is substantial relative to the company's annual operating revenue of ₹117.09 crore reported in the previous fiscal year. By securing a turnkey project of this scale, CSML demonstrates its capacity to manage complex, large-scale gaming and recreational infrastructure projects from conception to completion.
This milestone is expected to serve as a reference point for future domestic and international opportunities in the sports and amusement sector.
Business Overview
- Specializes in the manufacturing and trading of diverse sports goods and equipment
- Operates family entertainment centers and specialized gaming and amusement hubs
- Provides turnkey services for bowling alleys and professional go-karting facilities
- Maintains a presence in hospitality, including food and beverage services at sports venues
- Expanding domestic footprint through a dedicated Games Unit focusing on high-growth segments
Financial Context
CSML currently operates with a market capitalization of ₹298.12 crore and maintains a strong efficiency profile with an annual Return on Equity (ROE) of 42.56%. The company reported an annual net profit growth of 59.38% YoY, reaching ₹18.18 crore. Despite a recent weekly price correction of 7.05%, the stock trades at a price-to-earnings (P/E) ratio of 16.4x, which remains below the industry average of 33.28x.
Promoter holding is stable at 70.67%, while institutional investors hold 12.8% of the equity, indicating a concentrated ownership structure as the company pursues expansion in the leisure facilities market.
Management Perspective
With an order value of approximately ₹24 crore, this project is an important addition to our growing order book and reflects the confidence placed in CSML’s capabilities.
