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Prices as of 9 Oct 2026 close · Not investment advice

Ceigall India Limited

NSE: CEIGALLCivil Construction

Share price

₹369.00

-1.36% close of 9 Oct 2026

Market cap ₹6,421 CrP/E 19.9

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 7 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

70

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹6,421 Cr

P/E ratio

19.9

P/B ratio

3.0

ROCE

17.3%

ROE

15.7%

Dividend yield

0.1%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹395.9552-week low ₹226.39

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 20.3% over the past year, and 13.3% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales slipped from 18.0% to 14.8% over the last two years.

Whether it grew faster than its sector

It grew 13.3% a year against a sector median of 9.1% — 4.2 percentage points faster.

Room to re-rate, or risk of de-rating

Too little price history yet to compare it with its own past.

Whether growth justifies the valuation

Priced at 0.8 times its growth rate, on earnings growth of 24%.

Profit growthPrice per ₹1 profitPer 1% growth
Ceigall India Limited — this one24%/yr20.2×₹0.84
Larsen & Toubro17%/yr28.3×₹1.7
Rail Vikas Nigam Limited-13%/yr43.4×—
Kalpataru Projects International Limited36%/yr21.4×₹0.60
IRB Infrastructure Developers Limited8%/yr21.6×₹2.7
NBCC (India) Limited13%/yr29.2×₹2.2

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Civil Construction), it ranks 29 of 89 on returns, 33 of 84 on growth, 29 of 90 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A narrow advantage: it earns 17.3% on capital, ahead of 67% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

No — Over the last five years the business itself consumed ₹1030 crore of cash before any plant spend, funded from lenders and shareholders. And the profit is not backed by cash: it reported a profit over 6 years and consumed cash from the business. Its cash comes back more slowly than it used to: it went from being waiting 16 days for its cash to waiting 62 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

7 of 9 checks clear · 78%

Latest result · Q4 FY26

What the last results showed. Whether management kept its word is in Pro.

Profit was Rs 118.94 crore for the quarter.

Announced 26 Sep 2026 · Standalone · Audited

Revenue

₹1,294 Cr

Net profit

₹119 Cr

EPS

₹6.83

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹6,421 Cr
Prev close
₹369.00
52w High
₹406
52w Low
₹223
Enterprise value
₹7,353 Cr
Beta
0.8
Price CAGR 1y
41.0%
Price CAGR 3y
—
Price CAGR 5y
—
Price CAGR 10y
—

Ratios

Return on assets
5.6%
PEG ratio
0.8
P/E ratio
19.9
P/B ratio
3.0
EV / EBITDA
11.9
Industry P/E
15.8
ROCE
17.3%
ROCE 5y average
25.2%
ROE
15.7%
Debt / Equity
0.6
Interest coverage
3.6
Dividend yield
0.1%
ROE 3y average
22.0%
ROE last year
16.0%

Annual P&L

Annual revenue
₹4,022 Cr
Annual profit
₹309 Cr
Operating margin
15.0%
Net profit margin
7.7%
EBITDA margin
14.5%
Sales growth 3y
24.8%
Sales growth 5y
35.7%
Profit growth 3y
24.0%
Profit growth 5y
23.0%
EPS
₹17.9
Sales growth TTM
20.0%
Profit growth TTM
20.0%
Dividend payout
3.0%

Quarter P&L

Sales latest quarter
₹970 Cr
Profit latest quarter
₹64 Cr
YoY quarterly sales growth
15.7%
YoY quarterly profit growth
25.5%
OPM latest quarter
14.8%

Balance Sheet

Book Value
₹123
Face Value
₹5.0
Total debt
₹1,311 Cr
Total cash
₹379 Cr
Borrowings
₹1,311 Cr
Reserves / Equity
23.6

Cash Flow

Operating cash flow
-₹91 Cr
Free cash flow
-₹129 Cr
FCF yield
-4.5%
Net cash flow
-₹127 Cr

Shareholding

Promoter holding
82.0%
FII holding
3.9%
DII holding
3.6%
Public holding
10.4%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Larsen & Toubro3,701.5028.95,08,8831.034,988.014.067,941.76.714.6
Rail Vikas195.8745.440,8350.87159.518.54,321.210.610.8
Kalpataru Proj.1,458.4022.424,8870.75311.545.16,408.03.818.3
IRB Infra.Devl.17.4421.421,0290.89306.351.32,137.31.87.5
NBCC76.7430.220,6801.30158.017.22,259.5-5.529.3
Cemindia Project1,137.8032.519,5460.26140.82.62,720.95.632.8
Engineers India308.3022.117,3421.62157.9141.5819.8-5.830.4
Ceigall India372.8020.26,4880.1363.818.2969.615.717.3
Median129.9416.36660.0010.717.2175.411.515.6

Competes with: Cemindia Projects Limited, Central Mine Planning & Design Institute Limited, Engineers India Limited, IRB Infrastructure Developers Limited, Ircon International Limited, KEC International Limited, Kalpataru Projects International Limited, Larsen & Toubro, NBCC (India) Limited, Rail Vikas Nigam Limited, Techno Electric & Engineering Company Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales6507416959448227728311,0128388079911,387970
Expenses5636145557796786497078847296938521,163826
Material Cost225193227323236
Change in Inventories00-2.32-0.14-1.03
Purchases of Stock-in-Trade002.320.141.03
Employee Cost9.589.17101111
Other Expenses494490614829579
Operating Profit87127140164144123123128109114139224143
OPM %13172017181615131314141615
Other Income891288151123141711129
Exceptional items (within Other Income)0000-2.52
Interest23242126353527374237374444
Depreciation12141316131412161416161613
Profit before tax609711713110488959867779717695
Tax %27243317252625262427252733
Net Profit4474781087866717251567212964
EPS in Rs5.634.705.046.935.053.864.204.253.053.334.257.273.52
Diluted EPS in Rs2.953.224.167.413.66

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales8731,1342,0683,0293,4374,0224,154
Expenses7139481,7732,5122,9183,4373,534
Material Cost969
Change in Inventories-2.46
Purchases of Stock-in-Trade2.46
Employee Cost40
Other Expenses2,428
Operating Profit160186296518518585620
OPM %18161417151515
Other Income12131937565449
Exceptional items (within Other Income)0
Interest7115294134160162
Depreciation14193855566261
Profit before tax151169225405385418446
Tax %262626252526
Net Profit112126167304287309321
EPS in Rs1,146162119171818
Diluted EPS in Rs18
Dividend Payout %007003

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
—
5 years
36%
3 years
25%
TTM
20%

Compounded profit growth

10 years
—
5 years
23%
3 years
24%
TTM
20%

Stock price CAGR

10 years
—
5 years
—
3 years
—
1 year
41%

Return on equity

10 years
—
5 years
24%
3 years
22%
Last year
16%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital0.983939798787
Reserves3043925548091,7452,051
Borrowings303167031,0661,3971,311
Other Liabilities1392125326381,0182,074
Minority Interest8.27
Total Liabilities4749591,8282,5924,2485,523
Fixed Assets67126249301339341
CWIP1422234
Investments1371232610
Other Assets3947591,5552,2873,8805,169
Total Assets4749591,8282,5924,2485,523

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity103-135-73-211-520-91
Cash from Investing Activity-20-164-134-38-130-44
Cash from Financing Activity-63103262758468
Net Cash Flow771111926197-127
Free Cash Flow70-214-229-317-622-129

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days153156527258
Inventory Days303457413711
Days Payable5650191119260164
Cash Conversion Cycle-1115-78-26-151-95
Working Capital Days18164215962
ROCE %3327301917

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters8282828282828282
FIIs2.971.581.471.812.482.903.143.88
DIIs6.887.678.237.335.675.085.373.65
Public8.098.708.258.809.799.969.4410
No. of Shareholders1,92,2621,79,4311,70,8851,67,9261,66,7611,59,9981,49,5201,33,934

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year +41.4% (₹260.90 → ₹369.00)Brick size ₹13.61 (fixed)Bricks 24
₹250₹300₹350₹369Dec '25Apr '26Jul '26
Price moved up one brickPrice moved down one brickLast close ₹369.00 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

932inr_cr

2026-03-31

order book, Rs crore

18,568inr_cr

2026-06-30

order inflow

655inr_cr

2026-06-30

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

2,04,57,782inr

2026-03-31

News

News and filings about Ceigall India Limited. Open one to see why it matters.

8 Sept, 18:05 IST · Company event · medium impact

Ceigall India Limited — emerging as the H1 bidder in the Project नवादा जिला के पत्थर भूखण्डों की बंदोबस्ती हेतु (Allotment/Leasing of Stone Blocks in Nawada District Lot-4) (Bhadokhara, Block-D) under Competitive Bidding through E-Reverse Auction from Government of Bihar, Department of Mines and Geology on 07th September 2026

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Uses as raw material

  • aggregates / crushed stone
  • bitumen
  • cement
  • fly ash / pond ash
  • high-speed diesel (construction equipment)
  • sand
  • steel (TMT / structural)

Depends on the price of

  • cement
  • diesel
  • steel

Sells to

  • Ircon International Limited · railway / civil infrastructure EPC construction services (sub-contract/JV)
  • National Highways Authority of India (NHAI) / MoRTH · highway, expressway, flyover and tunnel EPC construction

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Construction
Industry
Civil Construction
Classification
Construction › Civil Construction
ISIN
INE0AG901020

Business segments

  • Engineering, Procurement and Construction · 84%
  • Annuity Projects · 37%
  • Others · 12%
  • Eliminations · -33%

Plants

  • Ceigall Hot Mix Plant
  • Ceigall Ready-Mix / Batching Plant

News impact

Big market events that reach Ceigall India Limited, and how the effect spreads.

Who it hits first

  • NTPC and NHPC get hydro project awards; Ceigall wins EPC contracts

Who may gain

  • NCC, RVNL, IRCON as potential EPC subcontractors

Along the supply chain

Downstream

Power consumers benefit from additional generation capacity

Upstream

Cement, steel, construction equipment demand boost

Where demand moves

Business

Govt spends Rs 53k cr, EPC companies win contracts, cement/steel demand up

Capital

PSU infra stocks re-rate on spending signal

How it spreads across sectors

Cement

Demand uplift from infrastructure construction

Construction

Order book boost for EPC companies

Power

Capacity addition strengthens grid

When it plays out

Immediate

Stocks adjust on announcement

Medium term

Revenue recognition as projects progress 12-24 months

Short term

Contract awards and financing arrangements

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

11 Sep 2026unspecified₹0.5
23 Sep 2024unspecified₹0.5

Splits, bonuses & buybacks

  • daily-prices repair: 1 rows from NSE's archive (replace 0, delete 0, insert 1), 2026-02-01..2026-02-01 (docs/flat_day_repair.md)1× · 1 Feb 2026

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.