Ceigall India Limited — PPTs, 04-02-2025: Investor Presentation

**Financial Highlights:** Ceigall India Limited's standalone revenue for Q3 FY25 saw a YoY increase of 10.3%, reaching ₹8,101 million, while EBITDA was ₹1,050 million with a margin of 13.0%. For the nine-month period, revenue grew by 14.8% to ₹23,727 million, and EBITDA was ₹3,230 million, yielding an EBITDA margin of 13.5%. On a consolidated basis, Q3 revenue surged 20.2% to ₹8,304 million, with EBITDA at ₹1,234 million and a margin of 14.9%. The nine-month consolidated revenue also grew by 16.3% to ₹24,063 million.

**Strategic Initiatives and Growth Drivers:** The company maintains a healthy order book of ₹1,17,025 million, predominantly tied to NHAI projects, providing strong future revenue visibility. The firm is expanding geographically and exploring new HAM opportunities.

**Business Developments:** Ceigall is actively working on 22 ongoing projects, showcasing a balanced mix between EPC and HAM contracts.

**Market Position and Competitive Advantage:** With over 20 years in the industry and a robust portfolio, Ceigall is positioned to leverage India's infrastructure growth trajectory, benefiting from a diverse project base and experienced management.

**Investor Implications:** The positive growth trends and strong order backlog suggest potential for sustained profitability and robust returns, making it a company to watch closely for retail investors.