Ceigall India Ltd
Founded in 2002, Ceigall India Limited is an infrastructure construction company with expertise in specialized structural projects, including elevated roads, flyovers, bridges, railway overpasses, tunnels, highways, expressways, and runways.[1]
- Market Cap ₹ 4,582 Cr.
- Current Price ₹ 263
- High / Low ₹ 425 / 229
- Stock P/E 16.0
- Book Value ₹ 105
- Dividend Yield 0.19 %
- ROCE 21.6 %
- ROE 21.1 %
- Face Value ₹ 5.00
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 28.6%
Cons
- Debtor days have increased from 59.8 to 71.8 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Construction Construction Civil Construction
Part of BSE SmallCap BSE IPO BSE Allcap BSE Industrials Nifty Microcap 250
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 873 | 1,134 | 2,068 | 3,029 | 3,437 | |
| 713 | 948 | 1,773 | 2,512 | 2,918 | |
| Operating Profit | 160 | 186 | 296 | 518 | 518 |
| OPM % | 18% | 16% | 14% | 17% | 15% |
| 12 | 13 | 19 | 37 | 56 | |
| Interest | 7 | 11 | 52 | 94 | 134 |
| Depreciation | 14 | 19 | 38 | 55 | 56 |
| Profit before tax | 151 | 169 | 225 | 405 | 385 |
| Tax % | 26% | 26% | 26% | 25% | 25% |
| 112 | 126 | 167 | 304 | 287 | |
| EPS in Rs | 1,145.50 | 16.02 | 21.29 | 19.48 | 16.88 |
| Dividend Payout % | 0% | 0% | 4% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 45% |
| TTM: | 13% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 32% |
| TTM: | -3% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 29% |
| Last Year: | 21% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 0.98 | 39 | 39 | 79 | 87 |
| Reserves | 304 | 392 | 554 | 809 | 1,745 |
| 30 | 316 | 703 | 1,066 | 990 | |
| 139 | 212 | 532 | 638 | 1,426 | |
| Total Liabilities | 474 | 959 | 1,828 | 2,592 | 4,248 |
| 67 | 126 | 249 | 301 | 339 | |
| CWIP | 1 | 4 | 2 | 2 | 23 |
| Investments | 13 | 71 | 23 | 2 | 6 |
| 394 | 759 | 1,555 | 2,287 | 3,880 | |
| Total Assets | 474 | 959 | 1,828 | 2,592 | 4,248 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 103 | -135 | -73 | -211 | -520 | |
| -20 | -164 | -134 | -38 | -130 | |
| -6 | 310 | 326 | 275 | 846 | |
| Net Cash Flow | 77 | 11 | 119 | 26 | 197 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 15 | 31 | 56 | 52 | 72 |
| Inventory Days | 30 | 34 | 57 | 41 | 14 |
| Days Payable | 56 | 50 | 191 | 119 | 150 |
| Cash Conversion Cycle | -11 | 15 | -78 | -26 | -64 |
| Working Capital Days | 18 | 16 | 4 | 21 | 59 |
| ROCE % | 33% | 27% | 30% | 22% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
1d - The Company is organizing a Conference Call for analysts and investors on Friday, August 08, 2025 at 05:00 PM in respect of Unaudited Financial Results …
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Closure of Trading Window
28 Jul - Board meeting on Aug 8 to approve Q1 FY26 results; trading window closed till Aug 10.
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Board Meeting Intimation for Intimation Pursuant To Regulation 29 Of The SEBI (LODR) Regulations, 2015 For The Board Meeting To Be Held On Friday, August 08, 2025.
28 Jul - Board meeting on Aug 8 to approve Q1 June 2025 unaudited results; trading window closed July 1-Aug 10.
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Intimation Under Regulation 30 Of SEBI (LODR)
Regulations, 2015
26 Jul - Delhi Metro Rail terminates ₹899 crore Bhubaneswar Metro contract; company to seek damages.
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Intimation Regarding L1 Bidder For Establishment Of 400/220 Kv Velgaon Substation (GIS)
18 Jul - CEIGALL is L1 bidder for Rs.585 mn Velgaon 400/220 kV substation project, 24-month completion, 35-year O&M.
Concalls
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May 2025Transcript PPT REC
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Feb 2025Transcript PPT REC
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Nov 2024Transcript PPT
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Oct 2024TranscriptPPT
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Sep 2024Transcript PPT
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Aug 2024TranscriptNotesPPT REC
Business Profile[1]
Ceigall India Ltd is a leading EPC company with over 20 years of experience in infrastructure projects, specializing in highways, expressways, flyovers, tunnels, elevated roads, and metro rail. It follows an asset-light model, operating primarily with leased equipment.