The call ran from 5:01 PM to 5:30 PM IST (30 min).
Key takeaways
Strong Q2 FY27: consolidated revenue ₹1,022.5 Cr (+26.8%), PAT ₹92.2 Cr (+64.1%). Growth guidance met, but H1 operating cash flow was negative.
| Management target | Revenue 15.0% FY27 |
|---|
| Revenue growth | Consolidated +26.8% YoY Q2; standalone +23.8%; mostly organic. |
|---|---|
| Margins | Expanding: standalone EBITDA 13.4% vs 11.7%; consolidated 17% vs 14.1%. |
| Order book | ₹22,681 Cr; ~55% roads, 21% T&D, 16% renewables. |
| Demand visibility | Strong; ₹22,681 Cr order book, diversifying beyond roads. |
| Management confidence | Over-optimistic; repeated 'overachieve' claims, deflects cash-flow question. |
Growth
Consolidated revenue +26.8%, EBITDA +53.2%, driven mainly by new renewables (~₹143 Cr turnover) and execution.
Outlook
FY27 minimum 15% growth guided; ~₹700 Cr equity infusion in H2 FY27; ~₹250 Cr HAM monetisation inflow expected.
Risks
H1 consolidated operating cash flow negative; NHAI paying only ~40% of HAM dues; equity infusion of ₹1,962 Cr pending.
Summary by ALFA Finder, written with AI assistance from our own recording of the call, published . Open it on ALFA Filings ›
The results behind this call
Ceigall India Q2 FY27 Results: Net Profit ₹92.2 Cr, Up 64.1% YoY
Ceigall India Ltd reported revenue from operations of ₹1,022 Cr (+26.8% YoY) and net profit of ₹92.2 Cr (+64.1% YoY) for Q2 FY27.
- Key figure
- Net profit ₹92.2 Cr · +64.1% YoY
What management said last time
Full summary →From the call summary published .
Outlook they gave
Management guides for minimum 15% revenue growth in FY27 with 11-12.5% sustainable EBITDA margins.
Growth they described
Consolidated revenue reached INR970 crores (up 15.7% YoY). Standalone PAT rose 34% YoY to INR75 crores.
Call details
| Company | Ceigall India Limited |
|---|---|
| NSE symbol | CEIGALL |
| ISIN | INE0AG901020 |
| Call | Q2 FY27 earnings call |
| Date | Thursday, 5 November 2026 |
| Time | 5:00 PM IST |
| Length | 30 min |
| Audio | Our stream on YouTube ↗ |
Ceigall India Limited: key numbers
- Share price
- ₹384.50
- Market cap
- ₹6,698 Cr
- Revenue (annual)
- ₹4,022 Cr
- Net profit (annual)
- ₹311.9 Cr
- P/E (TTM)
- 20.9×Sector 32.7×
- Promoter holding
- 82.06%+0.00% QoQ
- FII holding
- 3.46%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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