Ceigall India Limited — Updates, 04-02-2025: Press Release

Ceigall India Limited reported a strong financial performance for the quarter and nine months ending December 31, 2024. Revenue from operations reached ₹24,063 million, marking a notable 16.3% year-on-year growth. The consolidated EBITDA for the same period was ₹3,716 million, reflecting a 10.5% increase, with an EBITDA margin of 15.4%. Profit After Tax (PAT) also rose by 9.2% to ₹2,142 million, with a PAT margin of 8.8%. The order book remains robust at ₹1,17,025 million, largely driven by projects in roads, highways, and railways.

India Ratings & Research upgraded the company's long-term and short-term ratings, underscoring its financial stability. Additionally, Ceigall emerged as the L1 bidder for a major project worth ₹864.97 crores, highlighting its competitive positioning in the EPC sector. The company's commitment to delivering high-quality projects aligns with India's growing infrastructure demands, positioning it for sustainable growth ahead. Investors should note the positive outlook due to increasing revenue and a substantial order book.