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 ₹ 6,691 Cr.
- Current Price ₹ 384
- High / Low ₹ 406 / 223
- Stock P/E 20.8
- Book Value ₹ 123
- Dividend Yield 0.13 %
- 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: | 47% |
| 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 / 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 |
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| Order Inflow INR Million |
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| Number of States of Operation count |
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| Cumulative Lane KMs Constructed lane km |
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| Ongoing Projects count |
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| Roads Share of Order Book % |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
- Ceigall India Limited has informed about Schedule of meet on 30th September 2026.
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Announcement under Regulation 30 (LODR)-Acquisition
- Ceigall approved ₹61.93 crore infusion and security creation for Sahebganj Bettiah Highway SPV on September 25, 2026.
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Announcement under Regulation 30 (LODR)-Meeting Updates
- Ceigall approved security creation and up to Rs.61.93 crore infusion in Sahebganj Bettiah Highway SPV on Sept 25, 2026.
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Closure of Trading Window
- Trading window closed from October 1, 2026 until 48 hours after Q2 FY26 results.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
- Intimation of Schedule of Analyst / Institutional Investor meeting under the SEBI (LODR), Regulations 2015
Annual reports
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Annual Report 2026
from bse
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Annual Report 2025
from bse
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Annual Report 2024
from bse
Concalls
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Aug 2026Transcript PPT REC
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May 2026Transcript PPT
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Feb 2026Transcript PPT
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Nov 2025Transcript
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Nov 2025Transcript PPT
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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 2024Transcript
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Sep 2024Transcript PPT
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Aug 2024PPT 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.