Ceigall India Limited — PPTs, 07-05-2026: Investor Presentation

Ceigall India reported a strong FY26, with consolidated revenue up 17% YoY to ₹4,022.4 Cr and Q4 revenue jumping 37% YoY to ₹1,386.5 Cr. Full-year PAT stood at ₹308.9 Cr (7.7% margin), and EBITDA was ₹585.4 Cr (14.6% margin). Uttar Pradesh, Bihar, and Punjab were key revenue drivers.

The company is strategically diversifying into high-growth areas like renewable energy, power transmission, metro, and industrial infrastructure, with renewables now making up 19% of its order book. Ceigall is also expanding internationally through Singapore and UAE subsidiaries.

Recent wins include the Jaipur Metro Phase-II project and expansion into Arunachal Pradesh and Andhra Pradesh. Q4 FY26 saw robust order inflows of ₹6,014.2 Cr, pushing the total order book to ₹18,554.3 Cr (4.8x book-to-bill). A major highlight was the successful sale of its Malout-Abohar HAM asset, unlocking ₹177 Cr equity and reducing debt by ₹273 Cr, with more HAM assets slated for monetization.

Key financial health indicators include an improved Debt-to-Equity of 0.6x, ROE of 14.0%, and ROCE of 20.0%. Management aims to boost execution, grow the order book, and build a diversified portfolio with long-term revenue visibility, exploring BOT and O&M opportunities.