Ceigall India Limited — Q2FY27 earnings call summary

Filed 11 November 2026 · Official transcript

Management maintains minimum 15% revenue growth guidance and margin improvement outlook
Renewable energy and T&D segments driving growth; 10 MW solar commissioned ahead of schedule
HAM asset monetization ongoing; INR250 Cr inflow expected by March 2027; debt reduction of INR540 Cr
New INR5,700 Cr power transmission project in Gujarat to start before March 2027
Execution strong in challenging terrains including Northeast and Himalayas; financial closures done for HAM projects
Multiple analyst queries on guidance, project execution, and monetization; management confident on targets
Order book at INR22,681 Cr diversified across roads (55%), transmission (21%), renewables (16%), metro (4%), industrial (3%)
Capex equity infusion of INR700 Cr targeted in H2 FY2027 and FY2028; total equity requirement INR2,632 Cr