Ceigall India Ltd (CEIGALL) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 544223 | NSE: CEIGALL | Engineering - Construction | Small Cap

Ceigall India Share Price

233.60 -0.75 -0.32%
as on 05-Dec'25 14:27

Ceigall India Ltd (CEIGALL) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 544223 | NSE: CEIGALL | Engineering - Construction | Small Cap

DeciZen - make an informed investing decision on Ceigall India

Based on:

Overall Rating
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1. Quality


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2. Valuation


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3. Price Trend


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Ceigall India stock performance -

Key Ratios
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P/E Ratio (SA):
16.35
Market Cap:
4,082.5 Cr.
52-wk low:
229
52-wk high:
383

Is Ceigall India Ltd an attractive stock to invest in?


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10 Year X-Ray of Ceigall India: Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Ceigall India Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'23Mar'24Mar'25TTM
ROCE % 26.1%34.9%22.7%-
Value Creation
Index
0.91.50.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 2,0652,9553,3853,407
Sales YoY Gr.-43.1%14.6%-
Adj EPS 11.717.615.114.3
YoY Gr.-50.1%-13.8%-
BVPS (₹) 3955.9103.3109.3
Adj Net
Profit
184276264250
Cash Flow from Ops. 30.8180-274-
Debt/CF from Ops. 15.12.8-2.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANANA14.6%
Adj EPS NANANA-13.8%
BVPSNANANA84.8%
Share Price - - - -34.9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'23Mar'24Mar'25TTM
Return on
Equity %
303719.713.5
Op. Profit
Mgn %
14.414.812.811.7
Net Profit
Mgn %
8.99.37.87.3
Debt to
Equity
0.80.60.40
Working Cap
Days
0128183140
Cash Conv.
Cycle
0141754

Recent Performance Summary

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Latest Financials - Ceigall India Ltd.

Standalone Consolidated
TTM EPS (₹) 14.3 14.8
TTM Sales (₹ Cr.) 3,407 3,487
BVPS (₹.) 109.3 111.2
Reserves (₹ Cr.) 1,817 1,850
P/BV 2.14 2.11
PE 16.35 15.80
From the Market
52 Week Low / High (₹) 229.00 / 383.00
All Time Low / High (₹) 229.00 / 425.00
Market Cap (₹ Cr.) 4,082
Equity (₹ Cr.) 87.1
Face Value (₹) 5
Industry PE 29.6

Management X-Ray of Ceigall India:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of Ceigall India - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Event Update

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Analyst's Notes

data not found
No data found!

Key Ratios of Ceigall India

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'23Mar'24Mar'25
Sales2,0652,9553,385
Operating Expenses 1,7672,5162,953
Manufacturing Costs9831,4141,831
Material Costs687972988
Employee Cost 295738
Other Costs 677395
Operating Profit 298439432
Operating Profit Margin (%) 14.4%14.8%12.8%
Other Income 203753
Interest 326172
Depreciation 384651
Exceptional Items 000
Profit Before Tax 249368362
Tax 639191
Profit After Tax 185277270
PAT Margin (%) 9.0%9.4%8.0%
Adjusted EPS (₹)11.817.615.5
Dividend Payout Ratio (%)3%4%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund 6138781,799
Share Capital 397987
Reserves 5748001,712
Minority Interest000
Debt403270380
Long Term Debt132127166
Short Term Debt271142214
Trade Payables359329728
Others Liabilities 231483541
Total Liabilities 1,6061,9603,449

Fixed Assets

Gross Block345400458
Accumulated Depreciation97125143
Net Fixed Assets 249275315
CWIP 2210
Investments 79198340
Inventories107100104
Trade Receivables348485851
Cash Equivalents 359328541
Others Assets 4635711,288
Total Assets 1,6061,9603,449

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'23Mar'24Mar'25
Cash Flow From Operating Activity 31180-274
PBT 249368362
Adjustment 557682
Changes in Working Capital -209-170-614
Tax Paid -64-94-104
Cash Flow From Investing Activity -164-135-282
Capex -156-71-90
Net Investments 1322-106
Others -21-87-86
Cash Flow From Financing Activity 258-32706
Net Proceeds from Shares 00658
Net Proceeds from Borrowing 13617057
Interest Paid -32-61-72
Dividend Paid -6-12-9
Others 160-13071
Net Cash Flow 12412150

Finance Ratio

PARTICULARSMar'23Mar'24Mar'25
Ratios
ROE (%)30.2337.1320.19
ROCE (%)26.0734.8522.72
Asset Turnover Ratio1.291.661.25
PAT to CFO Conversion(x)0.170.65-1.01
Working Capital Days
Receivable Days615172
Inventory Days191311
Payable Days191129195

Ceigall India Ltd Stock News

Ceigall India Ltd FAQs

The current trading price of Ceigall India on 05-Dec-2025 14:27 is ₹233.6.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 04-Dec-2025 the market cap of Ceigall India stood at ₹4,082.5.
The latest P/E ratio of Ceigall India as of 04-Dec-2025 is 16.35.
The latest P/B ratio of Ceigall India as of 04-Dec-2025 is 2.14.
The 52-week high of Ceigall India is ₹383.0 and the 52-week low is ₹229.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Ceigall India is ₹3,407 ( Cr.) .

About Ceigall India Ltd

The company was originally incorporated as ‘Ceigall Builders Private Limited’ at Ludhiana, Punjab, India under the provisions of the Companies Act, 1956 pursuant to a certificate of incorporation dated July 8, 2002, as a private limited company issued by the Registrar of Companies, Punjab, Himachal Pradesh & Chandigarh at Chandigarh. Upon the conversion of the company into a public limited company, pursuant to a board resolution dated January 28, 2011 and a shareholders’ resolution dated January 29, 2011, the name of the company was changed to “Ceigall India Limited” and a fresh certificate of incorporation dated February 9, 2011 was issued by the Registrar of Companies, Punjab, Himachal Pradesh & Chandigarh at Chandigarh.

Ceigall India is an infrastructure construction company with experience in undertaking specialized structural work such as elevated roads, flyovers, bridges, railway over bridges, tunnels, highways, expressways and runways. It is one of the fastest growing engineering, procurement and construction (EPC) company. Over the last two decades, the company has transitioned from a small construction company to an established EPC player, demonstrating expertise in the design and construction of various road and highway projects including specialised structures across many states in India. It has been empanelled to participate with the Delhi Metro Rail Corporation in its upcoming tenders involving inter alia construction of railways, mega bridges and tunnels in India and abroad and also with a public sector undertaking for highways, bridges and tunnel construction work in north-eastern states of India, and such empanelment is mutually extendable.

For its EPC and HAM projects, the scope of its services typically includes design and engineering of the project, procurement of raw materials, project execution at site with overall project management up to the commissioning of these projects. Its employee resources and fleet of owned equipment, some of which are under buyback arrangements, and rental equipment, together with its engineering skills and capabilities, enable it to execute a range of projects. It has an experience of executing projects across diverse geographic locations in India with varying degrees of complexities such as construction in high-traffic and high-density areas, construction of tunnels in hilly terrain and slope protection and rock fall protection due to high rainfall and involving specialised structures such as tunnels, bridges and elevated roads. It has diversified its geographical presence in construction and development and execution of major multi-lane highway projects with specialised structures in various states of India, including Punjab, Haryana, Rajasthan, Uttar Pradesh, Himachal Pradesh, Jammu and Kashmir, Jharkhand, Delhi, Maharashtra and Bihar.

Business area of the company

Ceigall India is an infrastructure construction company with experience in undertaking specialized structural works such as elevated roads, flyovers, bridges, Railway over bridges (ROB), tunnels, highways, expressways and runways. It has diversified its geographical presence in construction, development and execution of major multi-lane highway projects with specialised structures in various states of India, including Punjab, Haryana, Rajasthan, Uttar Pradesh, Himachal Pradesh, Jammu and Kashmir, Jharkhand, Delhi, Maharashtra and Bihar.

Awards, accreditations and recognition

  • 2020: Received the 'Gold Award' at the National Highways Excellence Award, 2020 for Excellence in Project Management (EPC) from the Ministry of Road Transport and Highways, Government of India.
  • 2020: Received the 'Special Award' at National Highwas Excellence Awards, 2020 for outstanding work in challenging condition from the Ministry of Road Transport and Highways, Government of India.
  • 2021: Received the 'Special Award' at National Highwas Excellence Awards, 2021 for outstanding work in challenging condition from the Ministry of Road Transport and Highways, Government of India.

Major events and milestones

  • 2002: Incorporation of the company as Ceigall Builder Private Limited.
  • 2008: Road project executed which was awarded in 2006 by the Punjab Public Works Department, Ludhiana division with an aggregate project cost of Rs 62.94 million for 20.42 lane km.
  • 2013: Awarded projects from the Greater Mohali Area Development Authority.
  • 2014: Awarded first four lane highway EPC project from NHAI.
  • 2018: Awarded five EPC projects from NHAI.
  • 2018: Awarded an overlay project i.e. Kharar-Ludhiana-Ferozpur section (NH-95) through the Ministry of Road Transport Highway, which was completed before scheduled completion date.
  • 2019: Awarded the project for construction of the Karatarpur Sahib Corridor connecting Indo-Pak border and completed before the scheduled completion date.
  • 2021: Awarded the first project for construction of tunnel sector by NHAI in Jammu & Kashmir.
  • 2022: Allocated a contract for construction of 16.85-kilometre elevated highway under stress asset model wherein the earlier contractor went insolvent.
  • 2023: Completed the first HAM project (Malout-Abohar Project) before scheduled time.


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