Published: 31st July 2024
By: Value Research
Ceigall India is an infrastructure construction company known for undertaking specialised construction projects such as elevated roads, highways, expressways and tunnels.
Total IPO size (Rs Cr) 1,253 Offer for sale (Rs Cr) 568 Fresh Issue (Rs Cr) 684 Price Band (Rs) 380-401 Subscription dates August 1-5, 2024 Purpose of issue Repayment of debt
M-cap (Rs cr) 6,985 Net worth (Rs cr) 1,572 Promoter holding (%) 82.1 Price/earnings ratio (P/E) 22.8 Price/book value (P/B) 4.4
Key financials (Rs cr) 2Y growth (% pa) FY24 FY23 FY22 Revenue 63.5 3029 2068 1134 EBIT 66.3 463 258 167 PAT 56 306 167 126 Net worth 888 593 431 Total debt 1066 703 316
PAT is profit after tax EBIT is earnings before interest and tax
3Y average FY24 FY23 FY22 ROE (%) 30.3 33.6 28.2 29.2 ROCE (%) 30.2 32 28.7 29.8 EBIT margin (%) 14.2 15.3 12.5 14.8 Debt-to-equity 1 1.2 1.2 0.7Ratios
ROE is return on equity ROCE is return on capital employed
With a sizable order book value of Rs 9,471 crore, Ceigall India boasts high revenue visibility and strong growth potential.
Ceigall India’s revenue comes only from a handful of regions. Further, its cash flow has been in the red for some time. To find out why, read our complete analysis by clicking the link below.