In continuation of our letter dated April 28, 2026, and in terms of Regulation 30 & 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, ....
CEIGALL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Ceigall India Ltd reported strong FY26 results with standalone revenue growing 14.3% to Rs 38,693 million and consolidated revenue rising 17% to Rs 40,224 million. Standalone PAT increased 12.9% to Rs 3,052 million while consolidated PAT grew 7.8% to Rs 3,089 million. The board declared a dividend of Rs 0.50 per share (10%) subject to shareholder approval. Auditors issued unmodified opinions with no qualifications. The company detected and adjusted for a fraud of Rs 89.65 million in Q3 related to inventories, creditors and GST credits. Key leadership changes include appointment of Mr. Ankit Kumar Agrawal as Independent Director and resignation of Mr. Chitwon Wason as Whole-Time Director effective May 20, 2026. The company also acquired Velgaon Power Transmission Ltd and has initiated sale of its subsidiary Ceigall Malout Abohar Sadhuwali Highways Pvt Ltd.
The company showed healthy revenue and profit growth with clean audit opinions, which is positive for shareholders. However, negative operating cash flow on consolidated basis (-Rs 913 million) and the fraud incident may raise concerns. Dividend declaration provides direct shareholder return.