CEIGALL

What Ceigall India promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q1 FY27

what the last two calls moved 22 tracked 4 delivered 3 missed 15 open
  • Pure EPC EBITDA Margin delivered said Q3 FY25 Promised: 12.5-13% Q1 FY27: Promise concluded in FY26, having met the original target range.
  • Average Working Capital Days missed said Q3 FY25 Promised: 40 to 50 days Q1 FY27: Management did not provide Q1 figures but guided for 'improvement' in FY27 due to government policy changes. The original target of 40-50 days remains missed.
  • Order Inflow FY27 revised up said Q4 FY26 Promised: minimum ₹5,500 crores Q1 FY27: Management revised the full-year guidance slightly upwards to ₹6,000 crores from 'minimum ₹5,500 crores'. Q1 inflow was ₹600 crores, with acceleration expected in H2.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 22 tracked commitments for Ceigall India — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens