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 ₹ 6,055 Cr.
- Current Price ₹ 348
- High / Low ₹ 406 / 223
- Stock P/E 18.8
- Book Value ₹ 123
- Dividend Yield 0.14 %
- ROCE 17.3 %
- ROE 15.7 %
- Face Value ₹ 5.00
Pros
- Company has delivered good profit growth of 22.9% CAGR over last 5 years
Cons
* 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 Industrials BSE 1000
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 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|
| 873 | 1,134 | 2,068 | 3,029 | 3,437 | 4,022 | 4,154 | |
| 713 | 948 | 1,773 | 2,512 | 2,918 | 3,437 | 3,534 | |
| Operating Profit | 160 | 186 | 296 | 518 | 518 | 585 | 620 |
| OPM % | 18% | 16% | 14% | 17% | 15% | 15% | 15% |
| 12 | 13 | 19 | 37 | 56 | 54 | 49 | |
| Interest | 7 | 11 | 52 | 94 | 134 | 160 | 162 |
| Depreciation | 14 | 19 | 38 | 55 | 56 | 62 | 61 |
| Profit before tax | 151 | 169 | 225 | 405 | 385 | 418 | 446 |
| Tax % | 26% | 26% | 26% | 25% | 25% | 26% | |
| 112 | 126 | 167 | 304 | 287 | 309 | 321 | |
| EPS in Rs | 1,145.50 | 16.02 | 21.29 | 19.48 | 16.88 | 17.90 | 18.37 |
| Dividend Payout % | 0% | 0% | 7% | 0% | 0% | 3% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 36% |
| 3 Years: | 25% |
| TTM: | 20% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 23% |
| 3 Years: | 24% |
| TTM: | 20% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 38% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 24% |
| 3 Years: | 22% |
| Last Year: | 16% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.98 | 39 | 39 | 79 | 87 | 87 |
| Reserves | 304 | 392 | 554 | 809 | 1,745 | 2,051 |
| 30 | 316 | 703 | 1,066 | 1,397 | 1,311 | |
| 139 | 212 | 532 | 638 | 1,018 | 2,074 | |
| Total Liabilities | 474 | 959 | 1,828 | 2,592 | 4,248 | 5,523 |
| 67 | 126 | 249 | 301 | 339 | 341 | |
| CWIP | 1 | 4 | 2 | 2 | 23 | 4 |
| Investments | 13 | 71 | 23 | 2 | 6 | 10 |
| 394 | 759 | 1,555 | 2,287 | 3,880 | 5,169 | |
| Total Assets | 474 | 959 | 1,828 | 2,592 | 4,248 | 5,523 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 103 | -135 | -73 | -211 | -520 | -91 | |
| -20 | -164 | -134 | -38 | -130 | -44 | |
| -6 | 310 | 326 | 275 | 846 | 8 | |
| Net Cash Flow | 77 | 11 | 119 | 26 | 197 | -127 |
| Free Cash Flow | 70 | -214 | -229 | -317 | -624 | -129 |
| CFO/OP | 89% | -47% | -3% | -20% | -79% | 6% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 15 | 31 | 56 | 52 | 72 | 58 |
| Inventory Days | 30 | 34 | 57 | 41 | 37 | 11 |
| Days Payable | 56 | 50 | 191 | 119 | 260 | 164 |
| Cash Conversion Cycle | -11 | 15 | -78 | -26 | -151 | -95 |
| Working Capital Days | 18 | 16 | 4 | 21 | 59 | 62 |
| ROCE % | 33% | 27% | 30% | 19% | 17% |
Insights
In beta| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Order Book INR Million |
|
|||||
| Order Inflow INR Million |
||||||
| Book to Bill Ratio x |
||||||
| Number of States of Operation count |
||||||
| Cumulative Lane KMs Constructed lane km |
||||||
| Ongoing Projects count |
||||||
| Roads Share of Order Book % |
||||||
Extracted by Screener AI
Documents
Announcements
- Letter To Shareholders Under Regulation 36(1)(B)
-
Business Responsibility and Sustainability Reporting (BRSR)
- Submitted BRSR report with limited assurance statement for FY 2025-26.
- Notice Convening The 24Th Annual General Meeting For FY 2025-26
-
Reg. 34 (1) Annual Report.
- Ceigall India issued FY2025-26 annual report and 24th AGM notice for September 29, 2026.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
- Ceigall India receives ₹5,300 crore LoI for Gujarat power transmission project with 36-month execution.
Concalls
-
Aug 2026Transcript PPT REC
-
May 2026Transcript PPT
-
Feb 2026Transcript PPT
-
Nov 2025TranscriptPPT
-
Nov 2025Transcript PPT
-
Aug 2025Transcript PPT
-
May 2025Transcript PPT REC
-
Feb 2025Transcript PPT REC
-
Nov 2024Transcript PPT
-
Oct 2024TranscriptPPT
-
Sep 2024Transcript PPT
-
Aug 2024TranscriptPPT 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.