Ceigall India Limited — Investor Meet, 13-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Ceigall India reported strong Q3 FY26 standalone revenue of ₹970 Cr (+19.7% YoY) with ₹120 Cr EBITDA (12.3% margin) and ₹75 Cr PAT (7.7% margin). For 9M FY26, consolidated revenue grew 8.7% to ₹2,636 Cr, with EBITDA at ₹362 Cr (13.7% margin) and PAT at ₹180 Cr (6.8% margin).

The company's order book stands at ₹13,295 Cr, including new wins like a ₹1,089 Cr highway project and ₹423 Cr in renewables. Ceigall is L1 bidder for major HAM and Metro projects totaling over ₹3,000 Cr, diversifying its portfolio beyond roads into renewables, T&D, and metros. Debt reduction and a capital recycling strategy (divestment of Malout-Abohar HAM asset) bolster the balance sheet. Management is confident in achieving 10-15% growth, driven by robust infrastructure spending and strategic diversification.