Ceigall India Bags Rs 21,600 Mn NHAI Highway Project In Bihar

18 Feb 2026 CW Team

Ceigall India’s wholly owned subsidiary, Ceigall Infra Projects, has won a Rs 21,600 mn contract from the National Highways Authority of India to construct a four?lane highway on NH?139W in Bihar. The Letter of Award covers the Sahebganj–Areraj–Bettiah corridor and comprises a total length of 78.942 km divided into two sections of 38.362 km and 40.580 km. The project is scheduled under the Hybrid Annuity Mode and will involve both government funding during construction and annuity payments thereafter.

The construction period is 730 days and the company will operate and maintain the highway for 15 years following completion. The firm indicated the project is aligned with the Government of India’s PM Gati Shakti vision of integrated and multimodal infrastructure development and that it will strengthen national highway networks. Management noted the scheme is expected to improve logistics efficiency and regional connectivity.

In its Q3FY26 results, Ceigall India reported consolidated net profit of Rs 724 mn, up slightly from the year ago quarter, while total income rose to Rs 9,911 mn from Rs 8,305 mn. The company’s total order book stood at Rs 13,295.1 mn at end?December, which the company described as providing healthy revenue visibility. The firm noted steady operational performance supported by execution momentum across its core engineering, procurement and construction portfolio.

The company’s expertise covers the design and construction of elevated roads, flyovers, bridges, railway overbridges, tunnels, expressways and runways. Recent wins included a Rs 17,000 mn solar park project in Madhya Pradesh and a Rs 10,890 mn Indore–Ujjain highway contract secured by a subsidiary. The share price has risen 21.46 per cent in the past six months, reflecting investor response to the expanding order pipeline.

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