Ceigall India Limited
₹389.45-₹2.85 (-0.7%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹4,805 Cr
- P/E
- 19.2x
- EV / EBITDA
- 10.5x
- Revenue
- ₹3,385 Cr
- Net margin
- 9.4%
- ROCE
- 31.6%
Price chart
Technical chartScreen technicals →+53.5% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- +1.6%
- 3M
- +16.1%
- 6M
- +14.9%
- 1Y
- +53.5%
- 5Y
- -1.9%
52-week range
Day change -₹2.85 (-0.7%) from ₹392 to ₹389 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in CEIGALL, bought on each weekday since 2024.
AI Summary
Indian StockStrengths1
- Strong 5-year revenue CAGR of 30.1%
Concerns1
- Negative free cash flow (₹556 Cr)
Rule-based from financial data. Not advice.
About the company
Ceigall India Limited operates as an infrastructure construction company in India. The company engages in the engineering, procurement, and construction of specialized structural works, including elevated roads, flyovers, bridges, railway overbridges and metro projects, tunnels, highways, expressways, and runways.
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Ceigall India Limited operates as an infrastructure construction company in India. The company engages in the engineering, procurement, and construction of specialized structural works, including elevated roads, flyovers, bridges, railway overbridges and metro projects, tunnels, highways, expressways, and runways. It also undertakes hybrid annuity model (HAM) projects; and operation and maintenance projects for maintaining lightning, electrical systems, and barriers, as well as road maintenance and incident management. Ceigall India Limited was incorporated in 2002 and is headquartered in Gurugram, India.
- Sector
- Transportation
- Shares outstanding
- 17.4 Cr shares
- ISIN
- INE0AG901020
- BSE code
- 544223
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹4,805 Cr
- P/E
- 19.2x
- P/B
- 2.5x
- EV / EBITDA
- 10.5x
- EV / Sales
- 1.7x
- P/S
- 1.6x
- Earnings yield
- 5.2%
- 52-week high
- ₹397.70
- 52-week low
- ₹226.50
Profitability
- Operating margin
- 14.9%
- Net margin
- 9.4%
- EBITDA margin
- 16.1%
- ROE
- 31.5%
- ROCE
- 31.6%
- ROA
- 14.1%
- Dividend payout
- 0.0%
- Tax rate
- 25.0%
- Other income, % of PBT
- 10.1%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹3,385 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 14.6%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 30.1%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹476 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 49.7%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -2.5%
- Net profit CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 25.5%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹180 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 480.6%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹150 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 22.1%
Solvency and efficiency
- Current ratio
- 2.93
- Debt / Equity
- 0.58
- Debt / Assets
- 0.26
- Debt / EBITDA
- 1.08
- Interest coverage
- 7.20
- Financial leverage
- 2.24
- CFO / Net profit
- 0.65
- Cash / Market cap
- 31.1%
- Cash per share
- ₹85.76
- Asset turnover
- 1.50
- Fixed asset turnover
- 10.75
- Capital intensity
- 0.09
- Debtor days
- 60 days
- Inventory turnover
- 9.61
- Cash conversion cycle
- -26 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹8 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹2,953 Cr |
| Sales | Operating profit | ₹432 Cr |
| Operating profit | Interest | ₹72 Cr |
| Operating profit | Depreciation | ₹51 Cr |
| Operating profit | Profit before tax | ₹309 Cr |
| Other income | Profit before tax | ₹53 Cr |
| Profit before tax | Tax and other | ₹92 Cr |
| Profit before tax | Net profit | ₹270 Cr |
Revenue and net profit
Revenue grew 14.6% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹873 Cr | ₹112 Cr |
| FY2022 | ₹1,131 Cr | ₹127 Cr |
| FY2023 | ₹2,065 Cr | ₹185 Cr |
| FY2024 | ₹2,955 Cr | ₹277 Cr |
| FY2025 | ₹3,385 Cr | ₹270 Cr |
Cash flows
FY2025: -₹274 Cr from operations, -₹556 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹103 Cr | ₹83 Cr |
| FY2022 | ₹91 Cr | -₹127 Cr |
| FY2023 | ₹31 Cr | -₹133 Cr |
| FY2024 | ₹180 Cr | ₹45 Cr |
| FY2025 | -₹274 Cr | -₹556 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹3,385 Cr+14.6%1Y
- Net profit
- ₹270 Cr-2.5%1Y
- Cash from operations
- -₹274 Cr
- Free cash flow
- -₹556 Cr-1,335.6%1Y
- Revenue CAGR, 5Y
- 30.1%
- EBITDA CAGR, 5Y
- 28.7%
- Net profit CAGR, 5Y
- 25.5%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹3,385 Cr | ₹432 Cr | — | ₹270 Cr | -₹274 Cr | -₹556 Cr | 15.0% | +14.6% | -2.5% |
Monthly returns
Month-by-month returns of CEIGALL across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹3,460 Cr |
| Equity capital | ₹87 Cr |
| Reserves | ₹1,712 Cr |
| Borrowings | ₹636 Cr |
| Other liabilities | ₹1,024 Cr |
| Assets | ₹3,460 Cr |
| Fixed assets | ₹315 Cr |
| Capital work in progress | ₹10 Cr |
| Investments | ₹340 Cr |
| Other assets | ₹2,795 Cr |
Market cap against peers
4 peers: same sector group, nearest by size.
P/E against peers
CEIGALL trades at 19.2x earnings against a peer median of 33.8x (a 43% discount).
Not shown (no positive earnings and no EV / Sales): GMR Airports Limited.
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| Ceigall India LimitedCEIGALLthis companyP/E ↓ discount | ₹4,805 Cr | 19.2x | 2.5x | 31.5% | 10.5x |
| InterGlobe Aviation LimitedINDIGO | ₹1.8 L Cr | 36.3x | 21.6x | 422.8% | 12.3x |
| GMR Airports LimitedGMRAIRPORT | ₹1.0 L Cr | — | 2.0x | -1.0% | 314.8x |
| AEGIS VOPAK TERMINALS LIMITEDAEGISVOPAK | ₹25,481 Cr | 158.0x | 5.5x | 4.9% | 86.5x |
| BlackBuck LimitedBLACKBUCK | ₹11,912 Cr | 31.2x | 9.0x | -62.6% | -72.2x |
| Peer median | — | 33.8x | 5.5x | 4.9% | 49.4x |
Year-to-date ROI
CEIGALL since 1 January, against earlier years.
Historical volatility
CEIGALL's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 18.0% |
| FY2022 | 17.0% |
| FY2023 | 14.0% |
| FY2024 | 15.0% |
| FY2025 | 13.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹3,385 Cr |
| Costs | |
| Interest | ₹72 Cr |
| Expenses | ₹2,953 Cr |
| Operating profitOperating Profit | ₹432 Cr |
| Other income and charges | |
| Profit before tax | ₹362 Cr |
| Tax | |
| Net profitNet Profit | ₹270 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹3,460 Cr |
| Equity capitalEquity Capital | ₹87 Cr |
| Reserves | ₹1,712 Cr |
| Borrowings | ₹636 Cr |
| Other liabilitiesOther Liabilities | ₹1,024 Cr |
| AssetsTotal Assets | ₹3,460 Cr |
| Fixed assetsFixed Assets | ₹315 Cr |
| Capital work in progressCWIP | ₹10 Cr |
| Investments | ₹340 Cr |
| Other assetsOther Assets | ₹2,795 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | -₹274 Cr |
| Investing cash flowCash from Investing Activity | -₹282 Cr |
| Financing cash flowCash from Financing Activity | ₹706 Cr |
| Change in cashNet Cash Flow | ₹150 Cr |
Learn while you research
Academy chapters picked for Ceigall India Limited and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 04 Sectors & IndustriesHow to classify and compare companies across sectors.6 min read
- 05 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read
- 06 How to Read a Cash-Flow StatementProfit can be manipulated; cash flow rarely lies.7 min read