Rs 12,598 crore order book: EPC company receives order worth Rs 12,18,50,000 from Punjab

Ceigall India Limited has announced that it has received a Letter of Acceptance (LOA) dated November 26, 2025, from the Office of Executive Engineer, Drainage Cum Mining and Geology Ropar Division WRD Punjab. This disclosure, made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, pertains to a domestic project involving the desilting of Siswan Nadi. The primary purpose of this work is to safeguard the residential areas (abadies) and cultivable land (c/land) of villages from Dulchi Majra to Khizarpur in Tehsil Shri Chamkaur Sahib, District Ropar. The overall value of this contract, which is considered the broad consideration or size of the order, is Rs 12,18,50,000.

The significant terms and conditions of this order, which is a domestic contract, include the requirement for a Performance Security amounting to 10 per cent of the total value, which is Rs. 1,21,85,606. Additionally, CIL must provide Additional Earnest Money in the form of an FDR/Bank Guarantee worth Rs 3,33,654. A key condition involves the payment of a Royalty at Rs 5 per cubic foot (CFT). The order mandates that the material retrieved from the desilting process be utilised for filling purposes on CIL's own projects. The total time period stipulated for the execution of the desilting work is 180 days from the date of the LOA.

About the Company

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.

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. The company has a market cap of over Rs 4,000 crore and the Order Book stands at Rs 12,598 crore. The shares of the company have a PE of 16x, 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 37 per cent from its 52-week high of Rs 383 per share.

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