Sharescart Research Club logo

Ceigall India Overview

Ceigall India Limited is an infrastructure construction company that has been making significant contributions to the roads and highways sector since its incorporation in July 2002. Embarked on the journey with a project for the Punjab Public Works Department in Ludhiana, awarded in 2006, and has since completed over 34 projects, including elevated corridors, bridges, flyovers, rail over-bridges, tunnels, expressways, runways, and multi-lane highways. Led by the visionary promoter and Managing Director, Ramneek Sehgal, who brings over 20 years ...Read More

Want to Start Investing in Top Unlisted Stocks?

Our experts help you choose the right stocks based on performance, risk, and growth potential.

Ceigall India Key Financials

Market Cap ₹4864 Cr.

Stock P/E 17

P/B 2.5

Current Price ₹279.2

Book Value ₹ 111.2

Face Value 5

52W High ₹330.4

Dividend Yield 0%

52W Low ₹ 223

Ceigall India Share Price

₹ | |

Volume
Price

Ceigall India Quarterly Price

Show Value Show %

Ceigall India Peer Comparison

Ceigall India Quarterly Results

#(Fig in Cr.) Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
Net Sales 650 741 695 944 822 772 831 1012 838 807
Other Income 8 9 12 8 8 15 11 23 14 17
Total Income 658 750 707 952 830 787 841 1035 853 823
Total Expenditure 563 614 555 779 678 649 707 884 729 693
Operating Profit 95 135 152 172 152 138 134 151 124 130
Interest 23 24 21 26 35 35 27 37 42 37
Depreciation 12 14 13 16 13 14 12 16 14 16
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 60 97 117 131 104 88 95 98 67 77
Provision for Tax 16 23 39 23 26 23 24 26 16 21
Profit After Tax 44 74 78 108 78 66 71 72 51 56
Adjustments 0 0 1 1 2 2 2 2 2 2
Profit After Adjustments 44 74 79 109 79 67 73 74 53 58
Adjusted Earnings Per Share 2.8 4.7 5 6.9 5.1 3.9 4.2 4.3 3.1 3.3

Ceigall India Profit & Loss

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 873 1134 2068 3029 3437 3488
Other Income 12 13 19 37 56 65
Total Income 885 1147 2087 3066 3493 3552
Total Expenditure 713 948 1773 2512 2918 3013
Operating Profit 171 199 315 554 575 539
Interest 7 11 52 94 134 143
Depreciation 14 19 38 55 56 58
Exceptional Income / Expenses 0 0 0 0 0 0
Profit Before Tax 151 169 225 405 385 337
Provision for Tax 39 44 58 101 98 87
Profit After Tax 113 126 167 304 287 250
Adjustments 0 0 0 2 7 8
Profit After Adjustments 113 126 167 306 294 258
Adjusted Earnings Per Share 7.2 8 10.6 19.5 16.9 14.9

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 13% 45% 0% 0%
Operating Profit CAGR 4% 42% 0% 0%
PAT CAGR -6% 32% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -16% NA% NA% NA%
ROE Average 21% 32% 33% 33%
ROCE Average 20% 26% 32% 32%

Ceigall India Balance Sheet

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 305 431 593 888 1833
Minority's Interest 0 0 0 19 11
Borrowings 5 170 368 647 851
Other Non-Current Liabilities -1 -1 -6 -1 0
Total Current Liabilities 162 356 862 1030 1548
Total Liabilities 472 957 1817 2583 4243
Fixed Assets 67 126 249 301 339
Other Non-Current Assets 34 164 303 715 1169
Total Current Assets 370 667 1265 1567 2735
Total Assets 472 957 1817 2583 4243

Ceigall India Cash Flow

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 9 86 97 217 243
Cash Flow from Operating Activities 103 -135 -73 -190 -520
Cash Flow from Investing Activities -20 -164 -134 -58 -130
Cash Flow from Financing Activities -6 310 326 275 846
Net Cash Inflow / Outflow 77 11 119 26 197
Closing Cash & Cash Equivalent 86 97 217 243 440

Ceigall India Ratios

# Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 7.16 8.01 10.65 19.48 16.88
CEPS(Rs) 8.02 9.19 13.04 22.87 19.65
DPS(Rs) 0 0 0.38 0.75 0
Book NAV/Share(Rs) 19.43 27.44 37.74 56.49 105.2
Core EBITDA Margin(%) 18.29 16.4 14.29 17.09 15.08
EBIT Margin(%) 18.07 15.88 13.39 16.49 15.1
Pre Tax Margin(%) 17.32 14.95 10.89 13.38 11.19
PAT Margin (%) 12.88 11.1 8.09 10.05 8.34
Cash Profit Margin (%) 14.43 12.74 9.91 11.86 9.96
ROA(%) 23.85 17.62 12.06 13.83 8.4
ROE(%) 36.85 34.18 32.66 41.1 21.07
ROCE(%) 47.1 33.26 27.14 30.81 20.04
Receivable days 15.11 21.26 36.38 44.95 58.71
Inventory Days 11.84 10.77 12.84 13.56 11.78
Payable days 56.04 48.4 110.34 121.72 191.85
PER(x) 0 0 0 0 15.1
Price/Book(x) 0 0 0 0 2.42
Dividend Yield(%) 0 0 0 0 0
EV/Net Sales(x) -0.14 0.14 0.18 0.25 1.51
EV/Core EBITDA(x) -0.71 0.82 1.2 1.39 9.05
Net Sales Growth(%) 0 29.84 82.41 46.48 13.45
EBIT Growth(%) 0 14.09 53.82 80.39 3.89
PAT Growth(%) 0 11.88 32.9 81.92 -5.83
EPS Growth(%) 0 11.87 32.9 83.02 -13.37
Debt/Equity(x) 0.1 0.73 1.18 1.2 0.76
Current Ratio(x) 2.28 1.88 1.47 1.52 1.77
Quick Ratio(x) 2.1 1.77 1.34 1.41 1.7
Interest Cover(x) 24.15 17.07 5.35 5.31 3.86
Total Debt/Mcap(x) 0 0 0 0 0.31

Ceigall India Shareholding Pattern

# Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Promoter 82.06 82.06 82.06 82.06 82.06 82.06
FII 2.97 1.58 1.47 1.81 2.48 2.9
DII 6.88 7.66 8.23 7.33 5.66 5.08
Public 8.09 8.7 8.24 8.81 9.79 9.97
Others 0 0 0 0 0 0
Total 100 100 100 100 100 100

Ceigall India News

Ceigall India Pros & Cons

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 32%

Cons

  • Debtor days have increased from 121.72 to 191.85days.
whatsapp