Ceigall India Ltd

The company's wholly owned subsidiary, Ceigall Infra Projects, has received a Letter of Award from the National Highways Authority of India for a highway project in Bihar. The project involves four-laning of the Sahebganj-Areraj-Bettiah section of NH-139W in Bihar, with a total length of 78.942 km. The stretch comprises Section 1 from Sahebganj to Areraj covering 38.362 km and Section 2 from Areraj to Bettiah covering 40.580 km. The bid project cost is approximately Rs 2,160 crore, and the project will be executed under the Hybrid Annuity Mode (HAM). The construction period is 730 days, followed by a 15-year operation and maintenance period. The company said the corridor is expected to improve regional connectivity in Bihar and support economic activity in the region. Ceigall India is an infrastructure engineering, procurement, and construction (EPC) company engaged in the development of highways, expressways, bridges, flyovers, railway overbridges, tunnels, and runways. The company executes projects under EPC as well as Hybrid Annuity Model (HAM) formats and has a strong track record of timely execution across multiple states in India. On a consolidated basis, net profit of Ceigall India rose 1.24% to Rs 74.11 crore while net sales rose 19.34% to Rs 991.14 crore in Q3 December 2025 over Q3 December 2024. Powered by Capital Market - Live

Ceigall Infra Projects, a wholly owned subsidiary of Ceigall India has received a Letter of Award (LOA) dated 11 February 2026 from the National Highways Authority of India (NHAI) for the construction of a four lane highway project in the state of Bihar under the Hybrid Annuity Mode (HAM). The project involves the construction of four-laning of the Sahebganj-Areraj-Bettiah section of NH 139W, with a total length of 78.942 km, comprising Section 1: Sahebganj to Areraj (38.362 km) and Section 2: Areraj to Bettiah (40.580 km). The project has been awarded to Ceigall Infra Projects, a wholly owned subsidiary of Ceigall India. The bid project cost is approximately Rs 2,160 crore, and the project will be executed under the Hybrid Annuity Model. The construction period is 730 days, followed by a 15-year operation and maintenance (O&M) period. Powered by Capital Market - Live

The project, awarded on a tariff-based competitive bidding mechanism, comprises a 220 MW solar power project integrated with a battery energy storage system (BESS). The tariff quoted for the project is ₹2.70 per kWh, with an approximate project value of Rs 1,700 crore. The construction period for the project is 24 months, followed by an operational period of 25 years. The Morena Solar Park is a key renewable energy initiative in Madhya Pradesh and is designed to enhance grid stability through integrated storage solutions. The addition of BESS alongside solar generation will enable efficient peak power management and improved dispatch reliability. The company stated that this order would further strengthens its growing order book and mark a strategic expansion into large-scale renewable energy infrastructure. Ramneek Sehgal, Chairman & Managing Director, Ceigall India Limited, said: We are pleased to secure the 220 MW Solar and BESS project at Morena Solar Park from Rewa Ultra Mega Solar Limited. This project strengthens our presence in the clean energy segment, and we are committed to executing it efficiently while supporting India's energy transition and decarbonisation objectives. Ceigall India has also announced its earnings for the quarter ended on 31 December 2025. The company has reported 1.2% rise in consolidated net profit to Rs 74.11 crore on a 19.3% increase in net revenue to Rs 991.14 crore in Q3 FY26 as compared with Q3 FY25. While EBITDA improved by 12.7% to Rs 139.1 crore, EBITDA margin declined by 90 basis points YoY to 14.0% in Q3 FY26. Profit before tax in Q3 FY26 stood at Rs 97.05 crore, up by 2.7% from Rs 94.53 crore recorded in Q3 FY25. Ceigall India is an infrastructure engineering, procurement, and construction (EPC) company undertaking specialized structural works such as elevated roads, flyovers, bridges, railway overbridges, tunnels, highways, expressways, and runways. The principal business operations are broadly divided into EPC projects and hybrid annuity model (HAM) projects. Powered by Capital Market - Live

Ceigall India has received a Letter of Award (LOA) dated 09 February 2026 from Rewa Ultra Mega Solar (RUMSL) for the development of Unit 1 (220 MW) at Morena Solar Park, Madhya Pradesh. The project, awarded on a tariff-based competitive bidding mechanism, comprises a 220 MW Solar Power Project integrated with a Battery Energy Storage System (BESS). The tariff quoted for the project is Rs 2.70 per kWh, with an approximate project value of Rs 1,700 crore (including GST). The construction period for the project is 24 months, followed by an operational period of 25 years. The project is expected to contribute significantly to Madhya Pradesh's renewable energy capacity and support India's broader clean energy transition goals. The Morena Solar Park is a key renewable energy initiative in the state and is designed to enhance grid stability through integrated storage solutions. The addition of BESS alongside solar generation will enable efficient peak power management and improved dispatch reliability. Powered by Capital Market - Live

Net profit of Ceigall India rose 1.24% to Rs 74.11 crore in the quarter ended December 2025 as against Rs 73.20 crore during the previous quarter ended December 2024. Sales rose 19.34% to Rs 991.14 crore in the quarter ended December 2025 as against Rs 830.54 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales991.14830.54 19 OPM %14.0414.85 - PBDT112.55106.59 6 PBT97.0594.53 3 NP74.1173.20 1 Powered by Capital Market - Live

Ceigall India will hold a meeting of the Board of Directors of the Company on 9 February 2026.Powered by Capital Market - Live

Ceigall Infra Projects, a wholly owned subsidiary of Ceigall India, has emerged as the L1 bidder in the financial bid opening for Tender from National Highways Authority of India for 'Construction of 4 laning of Sahebganj Areraj Bettiah of NH 139W (Total length 78.942 km) in the State of Bihar on Hybrid Annuity Mode comprising (i) Section 1 Sahebganj to Areraj (38.362 km) and (ii) Section 2 Areraj to Bettiah (40.580 km). The bid project cost is Rs 2,160 crore. Powered by Capital Market - Live

Ceigall India (CIL) jointly with SAM India Builtwell (SAM) has been declared as L-1 bidder by Jaipur Metro Rail Corporation in a joint venture bidding. CIL has 74% share and SAM has 26% share in Joint Venture for this project. The project entails Design and Construction of Elevated Viaduct and Ten Elevated Stations viz. Prahladpura, Manpura, Bilwa Kalan, Bilwa, Goner Mod, Sitapura, JECC, Kumbha Marg, Haldighati Gate and Pinjrapole Gaushala (excluding Architectural finishing) from Chainage -600 m to 11400 m including spur line towards Depot of Jaipur Metro Phase-II MRTS. The bid cost for the project is Rs 918.04 crore. Powered by Capital Market - Live

The board of Ceigall India at its meeting held on 13 January 2026 has approved the incorporation of project SPV 'Ceigall Indore Ujjain Greenfield Highway' as subsidiary of the Company. The aforementioned SPV has been formed to implement project awarded by Madhya Pradesh Road Development Corporation for 'Construction of Indore Ujjain Green field (Access Control) 4 lane with paved shoulder project highway (length 48.10 Km.) Starting from Km. 0.000 near Pitra Parvat and terminating at Km. 48.100 (Simhastha bypass km 2.600) on Hybrid Annuity Mode (HAM). Powered by Capital Market - Live

The key equity benchmarks traded with modest losses in mid-morning trade as investors stayed cautious amid FII selling. The Nifty traded below the 26,000 level. Realty shares tumbled for second consecutive trading session. At 11:25 ST, the barometer index, the S&P BSE Sensex dropped 283.06 points or 0.33% to 84,758.39. The Nifty 50 index lost 71.10 points or 0.27% to 25,970.20. The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index added 0.39%, while the S&P BSE Small-Cap index declined 0.50%. The market breadth was weak. On the BSE, 1,472 shares rose and 2,550 shares fell. A total of 232 shares were unchanged. Buzzing Index: The Nifty Realty index declined 0.57% to 878.15. The index dropped 0.79% in the two consecutive trading sessions. Anant Raj (down 2.37%), Phoenix Mills (down 0.82%), Prestige Estates Projects (down 0.71%), SignatureGlobal India (down 0.51%), DLF (down 0.46%), Lodha Developers (down 0.45%), Brigade Enterprises (down 0.41%) and Sobha (down 0.36%) declined. Stocks in Spotlight: Ceigall India rallied 2.29% after the company's subsidiary, Ceigall Infra Projects has received a LoA from Madhya Pradesh Road Development Corporation for the construction of the Indore'Ujjain access-controlled four-lane greenfield highway. Vikran Engineering surged 5.31% after it has secured letter of awards (LoA) from M.P. Urja Vikas Nigam for the implementation of power plants with a total capacity of 45.75 MW AC in Vidisha, Madhya Pradesh. Jindal Steel advanced 1.86% after the company announced a significant expansion of its structural steel manufacturing capabilities at its Raigarh facility. This expansion would double the company's existing structural steel capacity from 1.2 million tonnes per annum (MTPA) to 2.4 MTPA by mid 2028. Global Markets: Most Asian markets advanced on Monday as investors kicked off the final trading week of the year. Prices of spot silver rose to a fresh record high of above $80 per ounce before pulling back sharply to $77. Silver's recent surge was driven by speculative buying and lingering supply tightness, said experts. Media report further stated silver's rally this year reflects a depletion of freely traded inventory, amplifying price moves as demand increases. On Friday stateside, the S&P 500 reached a new high and posted weekly gains as traders came back from the Christmas holiday. The broad market index closed down 0.03% to end at 6,929.94. At its high, the S&P 500 was up 0.2%, reaching 6,945.77. The Nasdaq Composite slipped 0.09% and closed at 23,593.10. The Dow Jones Industrial Average fell 20.19 points, or 0.04%, and settled at 48,710.97.Powered by Capital Market - Live