Ceigall India Limited has reported a strong fiscal year 2026, with consolidated revenue rising 17% YoY to INR 40,224 million. The company achieved an EBITDA of INR 5,854 million. Driven by consistent EPC execution and a robust order book of INR 185,543 million, Ceigall is strategically diversifying into renewable energy, power transmission, and urban infrastructure, while expanding its footprint internationally into the Middle East and Southeast Asia.
Fiscal Year 2026 Financial Highlights
Ceigall India Limited delivered resilient performance in FY26, supported by disciplined cost management and enhanced execution efficiency. Consolidated revenue reached INR 40,224 million, marking a 17% growth over the previous year. For the fourth quarter ended March 31, 2026, the company posted consolidated revenue of INR 13,865 million, up 37% YoY, with a healthy EBITDA margin of 16.1%.
Robust Order Book and Strategic Growth
The company enters the new fiscal year with a substantial total order book of INR 185,543 million, providing multi-year revenue visibility. Q4 FY26 witnessed strong order inflows totaling INR 60,142 million. Recent strategic wins, including the Jaipur Metro Phase-II project, underscore the company’s commitment to urban mobility. Furthermore, the company is actively diversifying its portfolio, with the renewable energy segment now contributing approximately 25% to the total order book.
Expansion into High-Potential Sectors
Ceigall is aggressively expanding beyond its core road and highway business. Significant inroads have been made into the renewable energy sector, including large-scale solar power and battery storage projects. The company has also secured key contracts in transmission and distribution and industrial infrastructure. This strategic pivot aims to capture emerging opportunities in India’s energy transition.
Global Ambitions and Capital Recycling
To support its long-term growth, Ceigall has launched international operations through new subsidiaries in Singapore and the UAE, targeting infrastructure markets in Southeast Asia and the Middle East. Simultaneously, the company is successfully executing its asset monetization strategy. The divestment of the Malout–Abohar HAM asset highlights the firm’s focus on capital recycling, which improves balance sheet strength, reduces leverage, and enhances return on equity (ROE) by freeing up capital for new, high-margin projects.
Source: BSE
