Ceigall India Limited has informed the Exchange about Transcript
CEIGALL · price
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Ceigall India reported strong FY26 results with standalone revenue of INR3,869 crores (14.3% YoY growth) and consolidated revenue of INR4,022 crores (17.1% YoY growth). The company secured total order inflows of INR11,332 crores in FY26, significantly exceeding its INR5,000 crore guidance, taking the order book to INR18,554 crores with a book-to-bill ratio of 4.8x. Key wins included the INR2,160 crore Sahebganj-Areraj-Bettiah corridor (biggest project to date) and multiple solar and BESS projects, with renewables contributing 35% of new order inflows. The company signed a binding agreement with NEO Asset Management for HAM asset monetization, expecting over INR400 crores proceeds. For FY27, management guided minimum 15% revenue growth, EBITDA margins of 11%-12.5%, and order inflow of INR5,500 crores minimum. The company expanded into 5 new verticals and 3 new states during the year.
Strong order book visibility and successful diversification into renewables provide multi-year revenue stability, though conservative margin guidance suggests competitive pressures persist in the EPC segment. HAM monetization and robust cash position (standalone debt-to-equity at 0.2x) support the company's deleveraging and growth plans.