Ceigall India IPO Review & Recommendations

Ceigall India IPO Peer Comparison

Ceigall India Limited peer comparison with similar listed entities. (As on March 31, 2024)

Notes:

• Concerning Ceigall India Limited, the information above is based on the Restated Consolidated Financial Statements for the year ended March 31, 2024
• Financial information for listed industry peers mentioned above is for the year ended March 31, 2024 is based on disclosures/submissions made by these companies to the stock exchanges/ financial hosted on their website
• EPS of the peers is taken as per disclosed in brief financial of Q4-2024, Diluted EPS refers to the diluted earnings per share of the respective company
• NAV is computed as the net worth at the end of the year divided by the closing outstanding number of equity shares
• The P/E Ratio has been computed based on the closing market price of the equity shares (Source: NSE) on July 12, 2024, divided by the diluted EPS of March 31, 2024
• Return on Net Worth (%) = Net Profit after tax, as restated / Restated net worth at the end of the year/period.
• Net profit after tax is profit after tax, including profit of JV/ Associates and excludes other comprehensive income
• Net worth is equity plus reserves and surplus, after giving effect to non-controlling interest. The company has no reserves created out of the revaluation of assets, write-back of depreciation, and amalgamation. For peers, only an extract of financials is available for Q4-2024; hence, this detail is not available, so no adjustments are being made to arrive at net worth for peers for March 31, 2024.
• Revenue is revenue from operation for the period under consideration.
• The peer companies are listed in Stock exchange as on the date. The companies in infrastructure construction that are not listed have not been included in the list above.