Ceigall India Limited reported robust growth for the fiscal year ended March 31, 2026. The company achieved a standalone revenue of INR 3,869 crores, a 14.3% increase year-on-year. With a total order book reaching INR 18,554 crores and strategic entry into renewable and energy-linked sectors, the company maintains a positive outlook. The management emphasized a disciplined approach to debt, efficient asset monetization, and strong execution capabilities to drive continued value for shareholders in the upcoming year.
Financial Highlights for FY26
Ceigall India Limited delivered a strong performance in FY26. Standalone revenue from operations grew to INR 3,869 crores, reflecting a year-on-year growth of 14.3%. In the fourth quarter, standalone revenue hit INR 1,294 crores, marking a 30.5% increase compared to the same period in the previous year. The standalone EBITDA for the full year stood at INR 487 crores, while consolidated EBITDA reached INR 585 crores with a margin of 14.6%.
Strategic Order Book and Diversification
The company’s total order book stands at INR 18,554 crores, underpinned by a successful diversification strategy. Order inflows for the year totaled INR 11,332 crores, significantly exceeding the initial guidance of INR 5,000 crores. Notably, 35.02% of the order inflow composition is derived from the renewable energy sector. The company currently manages 19 EPC projects, 10 HAM projects, and 7 renewable-based projects, successfully reducing its reliance on any single business segment.
Capital Management and Future Outlook
Ceigall is actively executing its capital recycling strategy, with the first asset sale to NEO Asset Management validated as a key milestone. The company maintains a healthy balance sheet, with a standalone debt-to-equity ratio of 0.2x as of March 31, 2026. Looking ahead to FY27, the management has provided a minimum revenue growth guidance of 15%, with expectations for the renewable sector to contribute between 20% and 25% of total revenue. EBITDA margins are projected to remain in the range of 11% to 12.5%.
Source: BSE
