About Ceigall India Limited
Data last updated:
Ceigall India Limited is a public limited company based in Ludhiana, Punjab, India. It operates in the utility projects segment of the construction sector. It was incorporated on 08 July 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN L45201PB2002PLC025257. Its GSTIN is 03AADCC0088N1ZO (Punjab). The company holds 15 GST registrations, of which 13 are active. It is a listed company.
The company has an authorised share capital of ₹110 Cr and a paid-up capital of ₹87.1 Cr. It was formerly known as Ceigall Builders Private Limited. It is led by directors including Ramneek Sehgal (Managing Director) and Sudhir Rao Hoshing (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 898 Tagore Nagar, Ludhiana, Punjab, India – 141001.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹4,022.4 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹311.88 Cr (net margin 7.8%) and EBITDA of ₹585.43 Cr (EBITDA margin 14.6%).
The company has about 1,578 employees on its provident fund (EPFO) records. Its group structure includes 9 subsidiaries.
The company is associated with 1 brand: Ceigall. As per MCA filings, the company has open charges of ₹7,780.09 Cr and satisfied charges of ₹1,940.84 Cr on record. Court records list 107 cases involving the company, including 51 filed by the company and 35 filed against it; 27 cases are pending. The company has 9 deals on record (5 secondary share transfers, 2 market trades, 1 rights issue); the latest was in December 2025. Its 10 peer companies in the Infrastructure industry (Roads and Bridges) are compared by revenue, 5 larger and 5 smaller; the largest is Ajanma Holdings Private Limited with revenue of ₹5,368.57 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ceigall.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressA – 898 Tagore Nagar, Ludhiana, Punjab, India – 141001
- IndustryConstruction, Utility Projects, Railways, Roads
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Ceigall India Limited
The main business activity of Ceigall India is construction. In detail, this covers roads, railways, utility projects.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ceigall India Limited FY 2025-26 filings available
Ceigall India Limited reported revenue of ₹4,022.4 Cr (up 17% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | 4,022 | 3,437 | 3,029 | 2,068 | 1,134 | 873 |
| Revenue growth | +17.0% | +13.5% | +46.5% | +82.4% | +29.8% | - |
| EBITDA | 585 | 518 | 518 | 296 | 186 | 160 |
| EBITDA margin | +14.6% | +15.1% | +17.1% | +14.3% | +16.4% | +18.3% |
| Profit before tax | 418 | 385 | 405 | 225 | 169 | 151 |
| Net profit | 312 | 284 | 297 | 164 | 124 | 111 |
| Net profit margin | +7.8% | +8.3% | +9.8% | +7.9% | +10.9% | +12.8% |
| EPS (₹) | 17.73 | 16.88 | 19.48 | 21.29 | 16.02 | 1,145.62 |
| Balance sheet | ||||||
| Total assets | - | 3,246 | 1,976 | 1,298 | 749 | 337 |
| Net worth | - | 1,833 | 888 | 593 | 431 | 305 |
| Total debt | - | 1,397 | 1,066 | 703 | 316 | 29.70 |
| Cash & bank | - | 634 | 368 | 361 | 192 | 152 |
| Net working capital | - | 1,733 | 954 | 714 | 387 | 220 |
| Cash flow | ||||||
| Cash from operations | - | (520) | (211) | (72.66) | (135) | 103 |
| Cash from investing | - | (130) | (38.16) | (134) | (164) | (19.62) |
| Cash from financing | - | 846 | 275 | 326 | 310 | (6.50) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 970 | 1,387 | 991 | 807 | 838 | 1,012 | 831 | 772 |
| Revenue growth (YoY) | +15.7% | +37.1% | +19.3% | +4.5% | +1.9% | - | - | - |
| Other income | 11.44 | 12.30 | 10.86 | 16.65 | 14.44 | 23.21 | 10.59 | 14.62 |
| EBITDA | 141 | 224 | 139 | 114 | 109 | 128 | 123 | 123 |
| EBITDA margin | +14.5% | +16.1% | +14.0% | +14.1% | +13.0% | +12.6% | +14.9% | +15.9% |
| Depreciation | 13.02 | 16.31 | 15.51 | 15.76 | 14.13 | 16.15 | 12.05 | 14.07 |
| Interest | 43.92 | 43.61 | 37.46 | 37.29 | 42.01 | 37.02 | 27.37 | 35.39 |
| Profit before tax | 95.35 | 176 | 97.03 | 77.22 | 67.42 | 97.93 | 94.55 | 88.19 |
| Tax | 31.61 | 46.90 | 24.66 | 21.06 | 16.09 | 25.54 | 23.74 | 22.67 |
| Net profit | 63.74 | 129 | 72.37 | 56.16 | 51.33 | 72.39 | 70.81 | 65.52 |
| EPS (₹) | 3.66 | 7.41 | 4.16 | 3.22 | 2.95 | 4.16 | 4.06 | 4.04 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 3,869 | 3,385 | 2,955 | 2,065 | 1,131 | 873 | 792 |
| Revenue growth | +14.3% | +14.6% | +43.1% | +82.7% | +29.5% | +10.3% | - |
| EBITDA | 487 | 432 | 439 | 298 | 187 | 160 | 129 |
| EBITDA margin | +12.6% | +12.8% | +14.8% | +14.4% | +16.5% | +18.3% | +16.2% |
| Profit before tax | 411 | 362 | 368 | 249 | 171 | 151 | 119 |
| Net profit | 305 | 261 | 268 | 182 | 125 | 111 | 88.80 |
| Net profit margin | +7.9% | +7.7% | +9.1% | +8.8% | +11.1% | +12.8% | +11.2% |
| EPS (₹) | 17.52 | 15.51 | 17.62 | 23.59 | 16.17 | 1,145.51 | 909.55 |
| Balance sheet | |||||||
| Total assets | 2,516 | 2,440 | 1,394 | 1,083 | 640 | 337 | 223 |
| Net worth | 2,098 | 1,799 | 878 | 613 | 433 | 305 | 193 |
| Total debt | 413 | 636 | 512 | 468 | 172 | 29.70 | 29.48 |
| Cash & bank | 363 | 541 | 328 | 359 | 186 | 152 | 39.90 |
| Net working capital | 1,524 | 1,668 | 826 | 730 | 343 | 220 | 58.09 |
| Cash flow | |||||||
| Cash from operations | 457 | (274) | 180 | 30.82 | 91.23 | 103 | 96.32 |
| Cash from investing | (253) | (282) | (135) | (164) | (218) | (19.59) | (122) |
| Cash from financing | (315) | 706 | (32.01) | 258 | 132 | (6.50) | 29.53 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 902 | 1,294 | 970 | 787 | 818 | 992 | 810 | 810 |
| Revenue growth (YoY) | +10.2% | +30.5% | +19.7% | -2.8% | +5.9% | - | - | - |
| Other income | 9.52 | 12.09 | 11.77 | 16.42 | 15.15 | 20.44 | 9.72 | 14.70 |
| Total expenses | 782 | 1,111 | 850 | 695 | 725 | 883 | 705 | 708 |
| EBITDA | 119 | 183 | 119 | 91.76 | 93.50 | 109 | 105 | 102 |
| EBITDA margin | +13.2% | +14.1% | +12.3% | +11.7% | +11.4% | +11.0% | +13.0% | +12.6% |
| Depreciation | 9.48 | 12.07 | 12.22 | 12.93 | 12.78 | 15.46 | 13.15 | 11.97 |
| Interest | 18.10 | 19.49 | 20.06 | 20.78 | 21.59 | 20.54 | 10.37 | 19.70 |
| Profit before tax | 101 | 163 | 98.94 | 74.47 | 74.28 | 93.62 | 91.20 | 84.96 |
| Tax | 25.77 | 44.20 | 24.49 | 18.60 | 18.36 | 23.97 | 23.01 | 21.68 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 970 | 1,387 | 991 | 807 | 838 | 1,012 | 831 | 772 |
| Revenue growth (YoY) | +15.7% | +37.1% | +19.3% | +4.5% | +1.9% | - | - | - |
| Other income | 11.44 | 12.30 | 10.86 | 16.65 | 14.44 | 23.21 | 10.59 | 14.62 |
| EBITDA | 141 | 224 | 139 | 114 | 109 | 128 | 123 | 123 |
| EBITDA margin | +14.5% | +16.1% | +14.0% | +14.1% | +13.0% | +12.6% | +14.9% | +15.9% |
| Depreciation | 13.02 | 16.31 | 15.51 | 15.76 | 14.13 | 16.15 | 12.05 | 14.07 |
| Interest | 43.92 | 43.61 | 37.46 | 37.29 | 42.01 | 37.02 | 27.37 | 35.39 |
| Profit before tax | 95.35 | 176 | 97.03 | 77.22 | 67.42 | 97.93 | 94.55 | 88.19 |
| Tax | 31.61 | 46.90 | 24.66 | 21.06 | 16.09 | 25.54 | 23.74 | 22.67 |
| Net profit | 63.74 | 129 | 72.37 | 56.16 | 51.33 | 72.39 | 70.81 | 65.52 |
| EPS (₹) | 3.66 | 7.41 | 4.16 | 3.22 | 2.95 | 4.16 | 4.06 | 4.04 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Revenue | 4,022 | 3,437 | 3,029 | 2,068 | 1,134 | 873 |
| Revenue growth | +17.0% | +13.5% | +46.5% | +82.4% | +29.8% | - |
| Other income | 54.26 | 56.23 | 36.84 | 18.87 | 12.72 | 11.57 |
| Total expenses | 3,437 | 2,918 | 2,512 | 1,773 | 948 | 713 |
| Employee cost | 0.00 | 39.89 | 61.98 | 29.63 | 25.29 | 14.27 |
| EBITDA | 585 | 518 | 518 | 296 | 186 | 160 |
| EBITDA margin | +14.6% | +15.1% | +17.1% | +14.3% | +16.4% | +18.3% |
| Depreciation | 61.70 | 55.66 | 54.99 | 37.60 | 18.61 | 13.51 |
| Interest | 160 | 134 | 94.15 | 51.71 | 10.55 | 6.54 |
| Profit before tax | 418 | 385 | 405 | 225 | 169 | 151 |
| Tax | 109 | 98.01 | 101 | 57.92 | 43.61 | 38.75 |
| Net profit | 312 | 284 | 297 | 164 | 124 | 111 |
| Net profit margin | +7.8% | +8.3% | +9.8% | +7.9% | +10.9% | +12.8% |
| EPS (₹) | 17.73 | 16.88 | 19.48 | 21.29 | 16.02 | 1,145.62 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Equity & liabilities | ||||||
| Share capital | - | 87.10 | 78.57 | 39.28 | 39.28 | 0.98 |
| Reserves & surplus | - | 1,745 | 809 | 554 | 392 | 304 |
| Shareholders' funds (net worth) | - | 1,833 | 888 | 593 | 431 | 305 |
| Minority interest | - | 11.24 | 18.68 | 0.00 | 0.00 | 0.00 |
| Secured loans | - | 1,728 | 1,061 | 700 | 316 | 29.70 |
| Unsecured loans | - | (331) | 5.12 | 2.83 | 0.00 | 0.00 |
| Total debt | - | 1,397 | 1,066 | 703 | 316 | 29.70 |
| Total liabilities | - | 3,246 | 1,976 | 1,298 | 749 | 337 |
| Assets | ||||||
| Gross block | - | 489 | 432 | 345 | 189 | 115 |
| Net block | - | 339 | 301 | 249 | 126 | 67.32 |
| Capital work in progress | - | 23.25 | 2.01 | 1.84 | 3.95 | 0.73 |
| Investments | - | 5.74 | 2.22 | 22.54 | 70.81 | 12.57 |
| Inventories | - | 104 | 118 | 107 | 38.59 | 28.33 |
| Sundry debtors | - | 676 | 430 | 316 | 95.94 | 36.15 |
| Cash & bank balances | - | 634 | 368 | 361 | 192 | 152 |
| Loans & advances | - | 1,322 | 654 | 459 | 270 | 141 |
| Total current assets | - | 2,735 | 1,570 | 1,243 | 597 | 358 |
| Total current liabilities | - | 1,002 | 616 | 529 | 210 | 137 |
| Net working capital | - | 1,733 | 954 | 714 | 387 | 220 |
| Total assets | - | 3,246 | 1,976 | 1,298 | 749 | 337 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Opening cash | - | 243 | 217 | 97.47 | 86.03 | 8.97 |
| Net cash from operating activities | - | (520) | (211) | (72.66) | (135) | 103 |
| Net cash from investing activities | - | (130) | (38.16) | (134) | (164) | (19.62) |
| Net cash from financing activities | - | 846 | 275 | 326 | 310 | (6.50) |
| Net change in cash | - | 197 | 25.94 | 119 | 11.44 | 77.07 |
| Closing cash | - | 634 | 368 | 361 | 192 | 152 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Growth | ||||||
| Sales growth | +17.0% | +13.5% | +46.5% | +82.4% | +29.8% | - |
| EBITDA growth | +12.9% | +0.1% | +75.1% | +59.0% | +16.4% | - |
| PBT growth | +8.6% | -5.1% | +80.0% | +32.9% | +12.1% | +9997.0% |
| Net income growth | +9.9% | -4.5% | +81.2% | +32.3% | +11.3% | - |
| Revenue CAGR (3Y) | +24.8% | +44.7% | +51.4% | - | - | - |
| EBITDA CAGR (3Y) | +25.6% | +40.8% | +48.0% | - | - | - |
| Profitability & leverage | ||||||
| Net income margin | +7.7% | +8.3% | +10.1% | +8.1% | +11.1% | +12.9% |
| Return on capital employed | - | +20.0% | +30.7% | +27.1% | +33.2% | +46.8% |
| Return on net worth | - | +21.1% | +41.1% | +32.7% | +34.2% | +36.9% |
| Debt / equity | - | 0.91 | 1.19 | 1.00 | 0.47 | 0.10 |
| Long-term debt / equity | - | 0.77 | 0.69 | 0.53 | 0.24 | 0.01 |
| Interest cover | 30.62 | 29.04 | 20.35 | 20.04 | 6.31 | 4.47 |
| Efficiency & per share | ||||||
| Fixed asset turnover | - | 7.46 | 7.79 | 7.75 | 7.47 | 7.60 |
| Inventory turnover | - | 30.97 | 26.91 | 28.43 | 33.88 | 30.82 |
| Debtors turnover | - | 6.22 | 8.12 | 10.03 | 17.17 | 24.15 |
| EPS (₹) | 17.73 | 16.88 | 19.48 | 21.29 | 16.02 | 1,145.62 |
| Dividend per share (₹) | 0.50 | 0.00 | 0.00 | 1.50 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 105.20 | 56.49 | 75.48 | 54.89 | 3,108.90 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 902 | 1,294 | 970 | 787 | 818 | 992 | 810 | 810 |
| Revenue growth (YoY) | +10.2% | +30.5% | +19.7% | -2.8% | +5.9% | - | - | - |
| Other income | 9.52 | 12.09 | 11.77 | 16.42 | 15.15 | 20.44 | 9.72 | 14.70 |
| Total expenses | 782 | 1,111 | 850 | 695 | 725 | 883 | 705 | 708 |
| EBITDA | 119 | 183 | 119 | 91.76 | 93.50 | 109 | 105 | 102 |
| EBITDA margin | +13.2% | +14.1% | +12.3% | +11.7% | +11.4% | +11.0% | +13.0% | +12.6% |
| Depreciation | 9.48 | 12.07 | 12.22 | 12.93 | 12.78 | 15.46 | 13.15 | 11.97 |
| Interest | 18.10 | 19.49 | 20.06 | 20.78 | 21.59 | 20.54 | 10.37 | 19.70 |
| Profit before tax | 101 | 163 | 98.94 | 74.47 | 74.28 | 93.62 | 91.20 | 84.96 |
| Tax | 25.77 | 44.20 | 24.49 | 18.60 | 18.36 | 23.97 | 23.01 | 21.68 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 3,869 | 3,385 | 2,955 | 2,065 | 1,131 | 873 | 792 |
| Revenue growth | +14.3% | +14.6% | +43.1% | +82.7% | +29.5% | +10.3% | - |
| Other income | 55.43 | 53.18 | 37.05 | 20.36 | 12.72 | 11.57 | 6.44 |
| Total expenses | 3,382 | 2,953 | 2,516 | 1,767 | 944 | 713 | 663 |
| Employee cost | 0.00 | 38.33 | 57.22 | 29.49 | 25.29 | 14.27 | 13.92 |
| EBITDA | 487 | 432 | 439 | 298 | 187 | 160 | 129 |
| EBITDA margin | +12.6% | +12.8% | +14.8% | +14.4% | +16.5% | +18.3% | +16.2% |
| Depreciation | 50.00 | 51.46 | 46.40 | 37.60 | 18.61 | 13.51 | 9.62 |
| Interest | 81.92 | 72.36 | 61.21 | 32.42 | 10.13 | 6.54 | 6.09 |
| Profit before tax | 411 | 362 | 368 | 249 | 171 | 151 | 119 |
| Tax | 106 | 91.32 | 91.11 | 63.30 | 44.00 | 38.75 | 30.04 |
| Net profit | 305 | 261 | 268 | 182 | 125 | 111 | 88.80 |
| Net profit margin | +7.9% | +7.7% | +9.1% | +8.8% | +11.1% | +12.8% | +11.2% |
| EPS (₹) | 17.52 | 15.51 | 17.62 | 23.59 | 16.17 | 1,145.51 | 909.55 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 87.10 | 87.10 | 78.57 | 39.28 | 39.28 | 0.98 | 0.98 |
| Reserves & surplus | 2,011 | 1,712 | 800 | 574 | 394 | 304 | 192 |
| Shareholders' funds (net worth) | 2,098 | 1,799 | 878 | 613 | 433 | 305 | 193 |
| Secured loans | 412 | 636 | 744 | 465 | 172 | 29.70 | 29.48 |
| Unsecured loans | 1.18 | 0.35 | (232) | 2.83 | 0.00 | 0.00 | 0.00 |
| Total debt | 413 | 636 | 512 | 468 | 172 | 29.70 | 29.48 |
| Total liabilities | 2,516 | 2,440 | 1,394 | 1,083 | 640 | 337 | 223 |
| Assets | |||||||
| Gross block | 418 | 458 | 400 | 345 | 189 | 115 | 83.38 |
| Net block | 255 | 315 | 275 | 249 | 126 | 67.32 | 48.20 |
| Capital work in progress | 2.04 | 10.08 | 2.01 | 1.84 | 3.95 | 0.73 | 0.00 |
| Investments | 524 | 340 | 198 | 78.67 | 126 | 14.02 | 37.05 |
| Inventories | 99.20 | 104 | 100 | 107 | 38.59 | 28.33 | 12.73 |
| Sundry debtors | 1,068 | 958 | 485 | 348 | 95.94 | 36.15 | 47.47 |
| Cash & bank balances | 363 | 541 | 328 | 359 | 186 | 152 | 39.90 |
| Loans & advances | 1,702 | 1,084 | 487 | 445 | 167 | 141 | 64.81 |
| Total current assets | 3,233 | 2,686 | 1,400 | 1,259 | 488 | 358 | 165 |
| Total current liabilities | 1,708 | 1,018 | 574 | 528 | 145 | 137 | 107 |
| Net working capital | 1,524 | 1,668 | 826 | 730 | 343 | 220 | 58.09 |
| Total assets | 2,516 | 2,440 | 1,394 | 1,083 | 640 | 337 | 223 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 378 | 228 | 216 | 91.67 | 86.01 | 8.97 | 4.75 |
| Net cash from operating activities | 457 | (274) | 180 | 30.82 | 91.23 | 103 | 96.32 |
| Net cash from investing activities | (253) | (282) | (135) | (164) | (218) | (19.59) | (122) |
| Net cash from financing activities | (315) | 706 | (32.01) | 258 | 132 | (6.50) | 29.53 |
| Net change in cash | (111) | 150 | 12.19 | 124 | 5.66 | 77.04 | 4.10 |
| Closing cash | 363 | 541 | 328 | 359 | 186 | 152 | 39.90 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +14.3% | +14.6% | +43.1% | +82.7% | +29.5% | +10.3% | - |
| EBITDA growth | +12.8% | -1.5% | +47.1% | +59.5% | +17.1% | +24.2% | - |
| PBT growth | +13.6% | -1.8% | +48.0% | +45.4% | +13.1% | +26.7% | +9997.0% |
| Net income growth | +17.1% | -2.8% | +47.3% | +45.5% | +12.4% | +25.4% | - |
| Revenue CAGR (3Y) | +23.3% | +44.1% | +50.1% | +37.7% | - | - | - |
| EBITDA CAGR (3Y) | +17.8% | +32.2% | +40.0% | +32.4% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +7.9% | +8.0% | +9.4% | +9.0% | +11.2% | +12.9% | +11.3% |
| Return on capital employed | - | +22.6% | +34.7% | +32.6% | +37.1% | +56.4% | +56.3% |
| Return on net worth | - | +20.2% | +37.1% | +35.4% | +34.4% | +45.2% | +46.4% |
| Debt / equity | - | 0.43 | 0.66 | 0.61 | 0.27 | 0.12 | 0.15 |
| Long-term debt / equity | - | 0.11 | 0.18 | 0.15 | 0.04 | 0.02 | 0.03 |
| Interest cover | 18.73 | 19.00 | 15.61 | 12.44 | 6.01 | 4.47 | 5.12 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 7.89 | 7.93 | 7.74 | 7.45 | 8.81 | 10.58 |
| Inventory turnover | - | 33.20 | 28.52 | 28.39 | 33.79 | 42.53 | 69.31 |
| Debtors turnover | - | 5.07 | 7.10 | 9.31 | 17.12 | 20.88 | 18.59 |
| EPS (₹) | 17.52 | 15.51 | 17.62 | 23.59 | 16.17 | 1,145.51 | 909.55 |
| Dividend per share (₹) | 0.50 | 0.00 | 0.00 | 1.50 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 103.28 | 55.90 | 78.03 | 55.10 | 3,108.58 | 1,961.47 |
Peer Comparison of Ceigall India Limited
Ceigall India Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Roads and Bridges). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ajanma Holdings Private Limited | ₹5,368.57 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Mumbai, Maharashtra, India |
| H.G. Infra Engineering Limited (Part IX) Listed | ₹5,069.89 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Jodhpur, Rajasthan, India |
| Modern Road Makers P Ltd | ₹4,246.07 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Mumbai, Maharashtra, India |
| Ceigall India Limited this company | ₹4,022.4 Cr (FY 2026) | •••• | •••• | 17.0% | •••• | Ludhiana, Punjab, India |
| Welspun Enterprises Limited Listed | ₹3,792.59 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Anjar, Gujarat, India |
| Patel Infrastructure Limited | ₹3,742.76 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Ahmedabad, Gujarat, India |
| Prakash Asphaltings and Toll Highways (India) Limited | ₹3,060.62 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Mhow, Madhya Pradesh, India |
| Sunil Hitech Engineers Limited | ₹2,990.66 Cr (FY 2018) | •••• | •••• | 16.0% | •••• | Mumbai, Maharashtra, India |
| Oriental Structural Engineers Private Limited | ₹2,823.8 Cr (FY 2024) | •••• | •••• | -21.0% | •••• | New Delhi, Delhi, India |
| Unnao Prayagraj Road Limited | ₹2,730.37 Cr (FY 2025) | •••• | •••• | 69.0% | •••• | Ahmedabad, Gujarat, India |
| Budaun Hardoi Road Limited | ₹2,566.88 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Ceigall India by revenue in the Infrastructure industry (Roads and Bridges), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ceigall India Limited
Ceigall India Limited is audited by B D Bansal & Co for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B D Bansal & Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ceigall India Limited
Ceigall India has 6 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramneek Sehgal Also directs: Ceigall Transmission and Distribution Limited, Ceigall Green Energy MP Limited, Ceigall Morena Solar Bess Park Limited and 3 more | Managing Director | 08 Jul 2002 | 24 Years 3 Months | Current |
| Gurpreet Kaur | Director | 26 Oct 2021 | 4 Years 11 Months | Current |
| Vishal Anand Also directs: Samvira LLP, Baan Retail & Hospitality LLP, Shoolini Lifesciences Private Limited and 5 more | Director | 26 Oct 2021 | 4 Years 11 Months | Current |
| Arun Goyal Also directs: Ralson (India) Limited, Ceigall Ayodhya Bypass Private Limited, Ceigall Northern Ayodhya Bypass Private Limited and 4 more | Director | 01 Mar 2021 | 5 Years 7 Months | Current |
| Sudhir Rao Hoshing | Whole-Time Director | 01 Sep 2025 | 1 Years 1 Months | Current |
| Anisha Motwani Also directs: Motherson Sumi Wiring India Limited, Star Health and Allied Insurance Company Limited, Nuvama Wealth Management Limited and 5 more | Director | 10 Feb 2024 | 2 Years 8 Months | Current |
Shareholding Pattern of Ceigall India Limited
Shareholding for the quarter ended Sep 2026: promoters hold 82.10%, foreign institutional investors hold 3.90%, domestic institutional investors hold 3.60% and retail and other public shareholders hold 10.40%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 82.10% | 82.10% | 82.10% | 82.10% |
| Public | 17.90% | 17.90% | 17.90% | 17.90% |
Charges & Borrowings of Ceigall India Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Jun 2026 | Hdfc Bank Limited | ₹7.45 Cr | Open |
| 13 Apr 2026 | Hdfc Bank Limited | ₹5.66 Cr | Open |
| 27 Mar 2026 | Hdfc Bank Limited | ₹3.19 Cr | Open |
| 23 Dec 2025 | Others | ₹344.61 Cr | Open |
| 27 Oct 2025 | Sbicap Trustee Company Limited | ₹150 Cr | Open |
Total charge records: 148 View all charges
Deals & Funding of Ceigall India Limited
Ceigall India Limited has 9 deals on record (5 secondary share transfers, 2 market trades, 1 rights issue); the latest was in December 2025.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2025 | Market trade | ₹36.55 Cr | Buyer: Hdfc Mutual Fund Hdfc Balanced Advantage Fund (Hdfcgr) Seller: Pine Oak Global Fund |
| Oct 2025 | Market trade | ₹10.31 Cr | Buyer: Goldman Sachs Bank Europe Se - Odi Seller: Goldman Sachs (Singapore) Pte - Odi |
| Aug 2024 | IPO | ₹1,252.87 Cr | Investors: IPO Shareholders - Ceigall India Limited, Icici Prudential Flexicap Fund, Nomura Funds Ireland Public Limited Company Nomura Funds Ireland-India Equity Fund Seller: Ramneek Sehgal & Sons HUF, 3 individuals |
| Feb 2024 | Secondary share transfer | Undisclosed | Buyer: RS Family Trust Seller: an individual |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Full deal history
All 9 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Ceigall India Limited
Ceigall India Limited has 107 court cases on record: 51 filed by Ceigall India, 35 filed against it, 21 where it is another party. 27 cases are pending and 80 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 59 | 26 | 21 |
| High courts | 48 | 9 | 6 |
Cases on record (5 of 107)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Civil suit | Filed against the company by Punjab State Power Corporation Limited | Disposed |
| High Court of Punjab and Haryana | Arbitration matter | Filed by the company against Panipat Jalandhar Nh-1 Tollway Private Limited | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against HGCL- Niraj-Supreme Infrastructure Private Limited | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against Escorts Construction Equipment Limited | Disposed |
| High Court of Punjab and Haryana | Tax appeal | Filed against the company by PR Commissionner On Income Tax 1 Ludhiana | Pending |
Full case history
All 107 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Associated Brands with Ceigall India Limited
Ceigall India operates one associated brand: Ceigall. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of roads, flyovers, bridges, railway over bridges, tunnels, and highways infrastructure development services | ceigall.com |
Employees and EPFO Compliance at Ceigall India Limited
Ceigall India Limited has a workforce of 1,578 employees as of Jun 01, 2025.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Ceigall India Limited
Ceigall India has 9 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Ceigall Vrk 12 Private Limited | U42101PB2023PTC058514 | - |
| Ceigall Vrk 11 Private Limited | U42101PB2023PTC058516 | - |
| Ceigall Jalbehra Shahbad Greenfield Highway Private Limited | U45200PB2022PTC056468 | - |
| Ceigall Infra Projects Private Limited | U45202PB2021PTC053126 | - |
| Ceigall Southern Ludhiana Bypass Private Limited | U45203PB2022PTC056418 | - |
| Ceigall Malout Abohar Sadhuwali Highways Private Limited | U45209PB2021PTC053266 | - |
Showing major subsidiaries. Total: 9.
CIN History of Ceigall India Limited
Ceigall India has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L45201PB2002PLC025257, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L45201PB2002PLC025257 | Current |
| U45201PB2002PTC025257 | Previous |
| U45201PB2002PLC025257 | Previous |
News related to Ceigall India Limited
Recent Activity on Ceigall India Limited
Ceigall India Limited has 20 board changes on record since 2002: 14 appointments and 6 cessations. The latest: Sudhir Rao Hoshing was appointed as Whole-Time Director on 01 Sep 2025.
302 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ceigall India Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Ceigall India Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ceigall India Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ceigall India Limited
Ceigall India has 15 GST registrations: 13 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AADCC0088N1ZO | Punjab | Active | 01 Jul 2017 |
| 02AADCC0088N1ZQ | Himachal Pradesh | Active | 01 Jul 2017 |
| 04AADCC0088N1ZM | Chandigarh | Active | 01 Jul 2017 |
| 06AADCC0088N1ZI | Haryana | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ceigall India Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ceigall India Limited
Ceigall India is an active public limited company based in Ludhiana, Punjab, India. The company works in utility projects, within the construction industry. It was incorporated on 08 July 2002 (24+ years old) and is registered under CIN L45201PB2002PLC025257.
Ceigall India reported revenue of ₹4,022.4 Cr for FY 2025-26 (up 17% YoY) based on consolidated financials.
Ceigall India has 6 current directors:
- Ramneek Sehgal - Managing Director
- Sudhir Rao Hoshing - Whole-Time Director
- Gurpreet Kaur - Director
- Vishal Anand - Director
- Arun Goyal - Director
- Anisha Motwani - Director
The GSTIN of Ceigall India is 03AADCC0088N1ZO, registered in Punjab. The company has 15 GST registrations in all, of which 13 are active and 2 are cancelled or inactive. Other active GSTINs include 02AADCC0088N1ZQ (Himachal Pradesh), 04AADCC0088N1ZM (Chandigarh), 06AADCC0088N1ZI (Haryana).
The CIN (Corporate Identification Number) of Ceigall India is L45201PB2002PLC025257. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes, Ceigall India is a listed company.
Ceigall India has 107 court cases on record: 51 filed by the company and 35 filed against it. 27 are pending. Most are in the district courts.
Ceigall India was incorporated on 08 July 2002, making it 24+ years old. It is registered with the Registrar of Companies, Chandigarh.
Ceigall India has 9 deals on record (5 secondary share transfers, 2 market trades, 1 rights issue); the latest was in December 2025.
The peers of Ceigall India by revenue are Ajanma Holdings Private Limited, H.G. Infra Engineering Limited (Part IX), Modern Road Makers P Ltd, Welspun Enterprises Limited, Patel Infrastructure Limited and 5 more, all in the Infrastructure industry (Roads and Bridges).
Sudhir Rao Hoshing was appointed as Whole-Time Director on 01 Sep 2025. Puneet Singh Narula ceased to be Whole-Time Director on 15 Mar 2025. Chitwon Wason was appointed as Whole-Time Director on 04 Feb 2025. Ceigall India has 20 board changes on record in total.