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Cemindia Projects Limited

Cemindia Projects Limited

ITDCEM.NS
Cemindia Projects LimitedIN flagNational Stock Exchange of India
601.60
INR
+39.45
- -
103.35BMarket Cap
Cemindia Projects Limited
ITDCEM.NS
(National Stock Exchange of India)

Recent

price

601.60

P/E

ratio

- -

div

yld

- -

ROIC.AI

2009
2010
2011
2012
2013
2014
2015
2016
2017
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
128.05
126.97
148.36
142.82
137.06
133.58
197.78
189.34
132.8
- -
165.82
158.24
221.71
296.31
449.24
529.54
538.96
Revenue per Share
0.47
0.81
1.96
1.91
0.81
1.51
-3.82
3.3
4.69
- -
2.51
0.92
4.01
7.23
15.93
21.7
23.86
Basic EPS, GAAP
0.67
4.1
-1.63
-2.61
11.17
-0.43
26.19
14.83
-6.83
- -
19.63
2.67
13.25
3.07
20.25
-1.46
- -
Free Cash Flow per Basic Share
0.1
0.1
0.15
0.2
0.2
0.09
- -
- -
0.36
- -
0.48
0.3
0.12
0.45
0.75
1.7
- -
Dividend per Share
1
1
1
6.46
7.13
8.23
2.96
5.7
9.98
- -
15.18
15.88
19.88
26.43
41.32
61.16
- -
Book Value per Share
30.73
31.37
33.1
34.78
35.47
44.29
32.42
35.63
39.84
- -
60.98
61.86
65.82
72.15
87.18
107.01
- -
Tangible Book Value per Share
115
115
115
115
115
128
155
155
155
- -
172
172
172
172
172
172
172
Basic Weighted Avg Shares
14,746
14,622
17,084
16,447
15,784
17,124
30,687
29,377
20,605
- -
28,485
27,183
38,087
50,902
77,173
90,969
92,578
Sales/Revenue/Turnover
6.85
7.7
34.39
8.67
7.49
2.52
5.05
8.26
11.09
- -
7.53
4.63
5.36
6.25
7.69
7.81
7.89
Operating Margin (%)
483
418
420
506
442
427
367
463
577
- -
965
1,002
1,025
1,135
2,079
1,918
1,835
Depreciation Expense
54
94
226
220
93
194
-593
512
728
- -
432
158
688
1,242
2,737
3,728
4,098
Net Income, GAAP
66.02
54.76
19.86
29.26
61.06
27.8
- -
48.31
42
- -
27.18
20.25
26.05
32.17
28.42
25.76
22.76
Effective Tax Rate (%)
0.37
0.64
1.32
1.34
0.59
1.13
-1.93
1.74
3.53
- -
1.52
0.58
1.81
2.44
3.55
4.1
4.43
Profit Margin (%)
6,594
6,810
722
987
161
656
-1,469
-1,261
-682
3,903
1,141
2,225
2,947
1,453
3,397
6,278
- -
Working Capital
5,004
5,468
579
778
114
404
98
406
246
171
613
1,162
1,191
1,942
1,517
1,353
- -
LT Debt
3,539
3,613
3,812
4,005
4,084
5,678
5,030
5,528
6,182
10,230
10,554
10,687
11,347
12,415
14,981
18,384
- -
Total Equity
4.19
5.78
48.75
9.47
4.16
2.6
- -
13.99
13.91
- -
10.12
6.57
9.59
11.89
19.72
20.77
- -
Return on Invested Capital (%)
7.16
9.51
17.73
3.06
1.19
11.61
- -
17.22
19.73
- -
14.26
12.11
17.17
18.48
26.81
26.72
61.5
Return on Capital (%)
46.94
81.5
196.04
51.18
11.9
20.7
-78.36
76.29
59.88
- -
17.63
5.91
22.4
31.23
47.04
42.35
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
ST Debt
- -
8,260
- -
LT Borrowings
- -
1,183
- -
LT Finance Leases
- -
170
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
172
- -
Market Capitalization
92,459
95,749
160,519

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
Total Current Assets
- -
51,029
- -
Cash, Cash Equivalents & STI
- -
4,038
- -
Accounts Receivable, Net
- -
16,069
- -
Inventories
- -
6,415
- -
Total Current Liabilities
- -
44,751
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
8,260
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.92%
12.05%
22.71%
Free Cash Flow
- -
137.06%
-107.23%
Net Income, GAAP
- -
102.05%
36.19%
Sales/Revenue/Turnover
- -
27.74%
17.88%
Total Cash Common Dividend
- -
73.93%
126.77%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
18,326
16,104
20,172
22,572
77,173
2025
23,815
19,909
22,449
24,797
90,969
2026
25,424
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3.04
3.12
4.56
- -
15.93
2025
5.83
4.19
5.07
- -
21.7
2026
7.99
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.75
2025
- -
- -
- -
- -
1.7
2026
- -
- -
- -
- -
- -
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Business
Cemindia Projects Ltd (ITDCEM.NS) operates as an engineering, procurement, and construction (EPC) company primarily focused on industrial infrastructure projects in India. The company provides a range of services including civil construction; structural steel fabrication and erection; piping works for process plants; equipment erection and commissioning; and turnkey solutions for cement plants, power plants, steel plants, and other heavy industries. Its offerings encompass design engineering, project management consultancy, and maintenance services for industrial facilities, targeting sectors such as cement, power, metals, and petrochemicals. Founded in 2023 and headquartered in Kolkata, West Bengal, Cemindia Projects Ltd maintains operations predominantly within India, with a focus on eastern and central regions. In recent developments, the company underwent a significant rebranding from ITD Cementation India Ltd to Cemindia Projects Ltd in mid-2025, reflecting a strategic shift towards specialized EPC services in industrial projects following a demerger from its parent entity. This reorganization, approved by the National Company Law Tribunal in early 2025, allowed Cemindia to streamline operations and concentrate on high-margin construction segments, separating from the parent's tunnelling and marine works divisions. No major acquisitions, funding rounds, or new product launches have been reported in the last 1-2 years; however, the demerger has positioned the company for expanded order inflows in cement and power infrastructure amid India's industrial capex growth.