Ceigall India shares in focus as JV bags EPC order worth ₹274 crore from MoRTH in Arunachal Pradesh

The JV, in which Ceigall holds a 70% stake, was awarded the engineering, procurement and construction (EPC) package for the construction of the 17.81 km to 55.38 km of the Bile-Migging section of the National Highway (NH)-913, to intermediate lane standards, according to a regulatory filing dated August 18.

The project carries a 48-month construction period, followed by a five-year maintenance period, the filing added.

This follows four letters of award (LOAs) received by the company's joint venture with Sushee Infra Mining Limited, in which Ceigall holds a 74% stake, for the construction of intermediate lane roads across the Huri-Taliha and Sarli-Huri sections of NH-913, with an aggregate bid cost of ₹2,149.62 crore.

Those four packages carry construction periods of 36 to 48 months, each followed by a five-year maintenance period, it stated.

Taken together, the five LOAs, spanning approximately 278 km of the Frontier Highway (NH-913), aggregate to ₹2,423.70 crore.

Commenting on the development, Ramneek Sehgal, Chairman & Managing Director of Ceigall India Limited, said: Within the space of two days, our joint ventures have secured five Letters of Acceptance worth a combined ₹2,423.70 crore on the Frontier Highway alone — a reflection of the confidence authorities continue to place in our execution capabilities and of the depth of our presence in Arunachal Pradesh.”

Together, the five packages span nearly 278 km of Intermediate Lane road construction across some of the region's most demanding terrain, Sehgal further stated.

“Arunachal Pradesh presents distinctive engineering and execution challenges, and we remain committed to delivering all five projects with the highest standards of quality, safety and timely execution, while contributing meaningfully to the region's connectivity and economic development,” he added.

Ceigall India Q1 results

The company reported a 35% year-on-year (YoY) increase in its net profit to ₹75 crore in the June quarter of the 2026-27 financial year (Q1 FY27), compared with ₹56 crore in the corresponding period of the preceding fiscal year.

Its revenue from operations also increased 10.2% YoY to ₹901.5 crore during the quarter under review, as against ₹818.3 crore in the first quarter of the 2025-26 fiscal year (Q1 FY26).

Ceigall’s order inflow for the reporting quarter stood at ₹655.4 crore.

Ceigall India stock performance

Shares of Ceigall India closed 1.46% higher at ₹313.65 per unit on the National Stock Exchange (NSE) on Wednesday, August 19. However, the development was announced after the market closed.

The scrip has fallen more than 1% in the past week and 8% over the month. On a year-to-date (YTD) basis, it has climbed 16%.

While the stock hit a 52-week high of ₹405.70 per equity share on June 30, 2026, it touched a year’s low of ₹222.61 apiece on December 9, 2025.

Ceigall India has a total market capitalisation of ₹5,487.45 crore as of August 19, 2026, according to data on the NSE.