Rs 10,806.20 crore order book: Road construction stock fell 8 per cent with heavy volume after PAT decreased by 35.2 per cent in Q4FY25

The stock is up by 6 per cent from its 52-week low of Rs 229 per share and down 43 per cent from its 52-week high of Rs 425 per share.

On Friday, shares of Ceigall India Limited fell 8 per cent to Rs 242.20 per share from its previous closing of Rs 263.40 per share with a spurt in volume by more than 6 times. The stock’s 52-week high is Rs 425 per share and its 52-week low is Rs 229 per share.

The sharp fall in the share price was after the financial results for the quarter and full year ending March 31, 2025. According to Quarterly Results, the net sales increased by 7.2 per cent to Rs 1,012 crore while net profit decreased by 35.3 per cent to Rs 72 crore in Q4FY25 compared to Q4FY24. In its annual results, the net sales increased by 13.5 per cent to Rs 3,437 crore while net profit decreased by 5.6 per cent to Rs 287 crore in FY25 compared to FY24.

In a significant expansion of their project portfolio, Ceigall India Limited has recently emerged as the L1 bidder for the Rs 864.97 crore Development of the 6-lane Greenfield Southern Ludhiana Hybrid Bypass in Punjab, a 25.24 km stretch forming part of the Ludhiana-Ajmer Economic Corridor. Furthermore, the company has received the appointment letter for the Construction of the 4/6 Lane Southern Ayodhya Bypass in Uttar Pradesh, a 32.172 km project with an estimated cost, for which Ceigall was the L1 bidder at Rs 1299.20 crore, contributing to the NHDP Phase-VII initiative. These wins underscore Ceigall's growing presence and expertise in developing crucial highway infrastructure across northern India.

Established in 2002, Ceigall India Limited stands as an infrastructure construction company with a strong focus on specialised structural projects. Their expertise encompasses the construction of vital transportation infrastructure, including elevated roads, flyovers, bridges, railway overpasses, tunnels, highways, expressways, and runways. Beyond new construction, Ceigall also undertakes the maintenance of state and national highways, demonstrating a comprehensive approach to infrastructure development and upkeep.

The company has a market cap of over Rs 4,000 crore and the order book stands at Rs 10,806.20 crore. The shares of the company have a PE of 15x, an ROE of 21 per cent and an ROCE of 22 per cent. The stock is up by 6 per cent from its 52-week low of Rs 229 per share and down 43 per cent from its 52-week high of Rs 425 per share.

Disclaimer: The article is for informational purposes only and not investment advice.