Ceigall India Ltd (NSE:CEIGALL)
₹ 319.8 -13.55 (-4.06%) Market Cap: 56.00 Bil Enterprise Value: 64.95 Bil PE Ratio: 18.12 PB Ratio: 2.62 GF Score: 18/100

Q2 2026 Ceigall India Ltd Earnings Call Transcript

Nov 11, 2025 / 10:30 AM GMT
Release Date Price: ₹249.2 (-0.74%)

Key Points

Positve
  • Ceigall India Ltd (BOM:544223) reported a robust and diversified order book totaling 12,598 crores, with 64% attributed to the road and highway segment.
  • The company has strategically expanded into new segments, with renewable energy now accounting for 22% of the order book.
  • Ceigall India Ltd achieved financial closure for the Southernna bypass project, marking a crucial milestone in project execution.
  • The company is actively exploring the integration of artificial intelligence and data-driven tools to enhance efficiency across various functions.
  • Ceigall India Ltd is focusing on debt reduction, with a standalone debt-to-equity ratio improvement from 0.4 to 0.3 times, and a consolidated ratio from 0.8 to 0.7 times.
Negative
  • Revenue growth was modest at 1.4% year-on-year for H1FY26, with Q2 FY26 revenue from operations slightly down compared to the previous year.
  • The prolonged monsoon adversely affected operations, delaying the timely delivery of essential materials and equipment.
  • The company's working capital days increased to 70 days in H1FY26, up from 45 days in FY25, due to changes in government payment schemes.
  • Execution in certain projects, such as Ramban Baihal, has been slower due to environmental challenges like floods and landslides.
  • The company faces challenges in land acquisition for some projects, which could potentially delay execution timelines.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

CEIG.NS - Ceigall India Ltd
Q2 2026 Ceigall India Ltd Earnings Call
Nov 11, 2025 / 10:30AM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Ladies and gentlemen, good day and welcome to the Seagull India Limited Q2 and H1FY26 earnings conference call.

As a reminder, all participant clients will be in the listen-only mode. There will be an opportunity for you to ask questions after the presentation concludes.

Should you need assistance during the conference call, please signal an operator by pressing, then 0 on your touchstone phone.

Please note that this conference is being recorded.

I now hand the conference over to Mr. Vikas Verma from Ernest and Young LLP.

Thank you, and over to you, Mr. Verma.

--------------------------------------------------------------------------------
Unidentified_2 [2]
---------------
Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
7-Day Free Trial · Cancel Anytime
Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot