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 ₹ 4,397 Cr.
- Current Price ₹ 252
- High / Low ₹ 422 / 229
- Stock P/E 16.4
- Book Value ₹ 105
- Dividend Yield 0.20 %
- ROCE 21.6 %
- ROE 21.6 %
- Face Value ₹ 5.00
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 28.9%
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 Allcap BSE Industrials Nifty Microcap 250 Nifty Total Market
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 | TTM | |
|---|---|---|---|---|---|---|
| 873 | 1,134 | 2,068 | 3,029 | 3,437 | 3,453 | |
| 713 | 948 | 1,773 | 2,512 | 2,918 | 2,969 | |
| Operating Profit | 160 | 186 | 296 | 518 | 518 | 483 |
| OPM % | 18% | 16% | 14% | 17% | 15% | 14% |
| 12 | 13 | 19 | 37 | 56 | 63 | |
| Interest | 7 | 11 | 52 | 94 | 134 | 142 |
| Depreciation | 14 | 19 | 38 | 55 | 56 | 56 |
| Profit before tax | 151 | 169 | 225 | 405 | 385 | 348 |
| Tax % | 26% | 26% | 26% | 25% | 25% | |
| 112 | 126 | 167 | 304 | 287 | 260 | |
| EPS in Rs | 1,145.50 | 16.02 | 21.29 | 19.48 | 16.88 | 15.36 |
| Dividend Payout % | 0% | 0% | 4% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 45% |
| TTM: | 8% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 33% |
| TTM: | -22% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -37% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 29% |
| Last Year: | 22% |
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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Intimation For Appointment Of Public Relations Agency Of The Company
15h - CEIGALL appoints Concept Public Relations as PR agency effective 22 August 2025.
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Intimation Under Regulation 30 Of SEBI (LODR) Regulations 2015 - HonBle High Court Of Delhi Judgement In Favor Of The Company.
14 Aug - Delhi High Court quashes ₹54.35 lakh bid security forfeiture by NHAI; company to deposit ₹15 lakh.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
14 Aug - Transcript of the Earnings Discussion/Conference call Dear Sir/Madam, Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI …
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Details Of Key Managerial Personnel Under Regulation 30(5) Of SEBI (LODR) Regulations, 2015.
12 Aug - Disclosure of Key Managerial Personnel contact details as per SEBI Listing Regulations.
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Intimation Pursuant To Regulation 30 Of The SEBI (LODR) Regulations, 2015.
11 Aug - Ceigall India bids INR 225 Cr for Bulk Drug Park development in Himachal Pradesh.
Concalls
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Aug 2025Transcript PPT
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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.