Cemindia Projects Limited

About

Cemindia Projects Limited provides construction and civil engineering contracting services in India. The company constructs maritime structures, including jetties, dolphins, service platforms, quay, berths on concrete and steel piles, solid gravity type wharf structures, ship lifts, dry docks, wet basins, and inclined berths; mass rapid transport systems (MRTs); airports; highways, bridges, and flyovers; foundations and specialized engineering works comprising geotechnical investigations, piling, diaphragm walling, slope stabilization, sandwicks/band drains, vibrofloatation stone columns, drilling and grouting, rock/soil anchors repairs, colcrete, gunite/shotcrete, grouted mattress, box pushing, tube heading, microtunneling, and rehabilitation and underpinning services; and dams and tunnels, TBM, M-TBM, NATM Tunnels, Box Pushing Tunnels. It also offers breakwater and piled approach trestles, steel piles and bored casts, undersea ground improvement, dredging and land reclamation, and coastal erosion protection and rock bund services, as well as foundation and specialist engineering services. In addition, the company engages in the civil works for refinery, petrochemical, power, steel, and fertilizer plants; design, construction, supply, installation, and commissioning of pipelines; operation of water and wastewater treatment plants, and pumping stations; and develop data center to cater to deliver integrated solutions tailored to critical sectors. It serves the state and central government departments, ministries, local municipal bodies, and private clients. The company was formerly known as ITD Cementation India Limited and changed its name to Cemindia Projects Limited in August 2025. Cemindia Projects Limited was founded in 1931 and is based in Mumbai, India. As of August 8, 2025, Cemindia Projects Limited operates as a subsidiary of Renew Exim DMCC.

Key Metrics

as of Sep 2026

Market Cap22,288 Cr

P/E37.00

Div Yield0.23 %

Book Value₹140.00

52w High₹1,650.00

52w Low₹481.00

Face Value₹1.00

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	2,721.00	2,973.00	2,315.00	2,195.00	2,576.00	2,532.00	2,270.00	1,991.00	2,381.00	2,258.00	2,017.00	1,610.00	1,833.00
Expenses	2,446.00	2,616.00	2,094.00	1,993.00	2,336.00	2,277.00	2,063.00	1,809.00	2,160.00	2,037.00	1,812.00	1,452.00	1,671.00
Operating Profit	275.00	358.00	222.00	202.00	240.00	255.00	207.00	182.00	221.00	221.00	205.00	158.00	162.00
OPM %	10.00	12.00	10.00	9.00	9.00	10.00	9.00	9.00	9.00	10.00	10.00	10.00	9.00
Other Income	10.00	92.00	23.00	41.00	20.00	16.00	10.00	23.00	16.00	22.00	15.00	14.00	13.00
Depreciation	43.00	39.00	43.00	43.00	41.00	51.00	45.00	47.00	49.00	54.00	56.00	53.00	45.00
Interest	50.00	61.00	50.00	53.00	50.00	62.00	59.00	57.00	53.00	57.00	58.00	52.00	51.00
Profit before tax	192.00	350.00	152.00	146.00	169.00	157.00	113.00	100.00	135.00	130.00	106.00	68.00	79.00
Tax %	27.00	31.00	27.00	26.00	19.00	28.00	23.00	28.00	26.00	31.00	26.00	21.00	34.00
Net Profit	141.00	242.00	111.00	108.00	137.00	113.00	87.00	72.00	100.00	90.00	79.00	54.00	52.00
EPS in Rs	8.20	14.10	6.46	6.27	7.99	6.60	5.07	4.19	5.83	5.21	4.56	3.12	3.04

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Dec 2017	Dec 2016	Dec 2015	Dec 2014
Sales	10,061.00	9,246.00	7,718.00	5,091.00	3,809.00	2,728.00	2,861.00	3,170.00	2,061.00	2,938.00	2,892.00	1,652.00
Expenses	9,045.00	8,386.00	6,973.00	4,691.00	3,516.00	2,515.00	2,523.00	2,843.00	1,796.00	2,726.00	2,700.00	1,561.00
Operating Profit	1,016.00	860.00	745.00	400.00	293.00	213.00	338.00	327.00	264.00	212.00	192.00	91.00
OPM %	10.00	9.00	10.00	8.00	8.00	8.00	12.00	10.00	13.00	7.00	7.00	6.00
Other Income	183.00	78.00	64.00	63.00	45.00	45.00	-10.00	14.00	7.00	23.00	-102.00	114.00
Interest	215.00	236.00	218.00	165.00	142.00	138.00	130.00	124.00	88.00	89.00	138.00	136.00
Depreciation	166.00	194.00	208.00	114.00	103.00	100.00	137.00	82.00	58.00	46.00	37.00	43.00
Profit before tax	818.00	508.00	383.00	184.00	94.00	20.00	60.00	134.00	126.00	99.00	-85.00	27.00
Tax %	27.00	27.00	28.00	32.00	26.00	20.00	27.00	38.00	42.00	48.00	-30.00	28.00
Net Profit	598.00	373.00	274.00	125.00	69.00	16.00	44.00	83.00	73.00	51.00	-59.00	19.00
EPS in Rs	34.79	21.70	15.93	7.23	4.01	0.92	2.51	4.77	4.69	3.28	-3.82	1.25
Dividend Payout %	9.00	9.00	11.00	10.00	11.00	13.00	12.00	8.00	9.00	9.00	0.00	0.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Dec 2017	Dec 2016	Dec 2015	Dec 2014
Equity Capital	17.00	17.00	17.00	17.00	17.00	17.00	17.00	17.00	16.00	16.00	16.00	16.00
Reserves	2,382.00	1,816.00	1,477.00	1,220.00	1,114.00	1,049.00	1,035.00	1,004.00	602.00	536.00	493.00	552.00
Borrowings	1,001.00	993.00	889.00	766.00	560.00	458.00	539.00	532.00	489.00	356.00	601.00	765.00
Other Liabilities	3,686.00	3,026.00	3,534.00	3,013.00	1,925.00	1,669.00	1,533.00	1,044.00	1,282.00	973.00	1,336.00	862.00
Total Liabilities	7,086.00	5,852.00	5,917.00	5,017.00	3,616.00	3,192.00	3,125.00	2,597.00	2,388.00	1,881.00	2,445.00	2,195.00
Fixed Assets	1,168.00	1,077.00	1,081.00	847.00	655.00	601.00	624.00	529.00	462.00	385.00	349.00	335.00
CWIP	22.00	21.00	10.00	117.00	2.00	53.00	5.00	7.00	38.00	6.00	3.00	3.00
Investments	0.00	0.00	5.00	45.00	113.00	194.00	255.00	1.00	1.00	1.00	0.00	0.00
Other Assets	5,897.00	4,753.00	4,821.00	4,007.00	2,847.00	2,344.00	2,241.00	2,060.00	1,887.00	1,489.00	2,093.00	1,856.00
Total Assets	7,086.00	5,852.00	5,917.00	5,017.00	3,616.00	3,192.00	3,125.00	2,597.00	2,388.00	1,881.00	2,445.00	2,195.00

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Dec 2017	Dec 2016	Dec 2015	Dec 2014
Cash from Operating Activity	500.00	184.00	704.00	471.00	339.00	191.00	447.00	-134.00	68.00	326.00	465.00	44.00
Cash from Investing Activity	-147.00	-233.00	-419.00	-438.00	-25.00	-51.00	-87.00	-133.00	-157.00	-20.00	-104.00	-38.00
Cash from Financing Activity	-243.00	-218.00	-123.00	28.00	-56.00	-250.00	-212.00	244.00	40.00	-222.00	-302.00	-4.00
Net Cash Flow	110.00	-267.00	162.00	61.00	258.00	-110.00	147.00	-24.00	-49.00	83.00	59.00	1.00
Free Cash Flow	274.00	12.00	369.00	69.00	244.00	80.00	354.00	-259.00	-103.00	231.00	419.00	-2.00
CFO/OP %	66.00	34.00	105.00	143.00	136.00	100.00	145.00	-24.00	24.00	170.00	256.00	41.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Dec 2017	Dec 2016	Dec 2015	Dec 2014
Debtor Days	47.00	39.00	57.00	77.00	60.00	71.00	75.00	50.00	42.00	27.00	39.00	91.00
Inventory Days	82.00	73.00	86.00	119.00	118.00	144.00	99.00	75.00	92.00	61.00	530.00	641.00
Days Payable	238.00	232.00	179.00	275.00	276.00	311.00	225.00	171.00	363.00	340.00	340.00	236.00
Cash Conversion Cycle	-110.00	-120.00	-36.00	-78.00	-99.00	-96.00	-51.00	-45.00	-229.00	-252.00	229.00	496.00
Working Capital Days	6.00	-8.00	-26.00	-35.00	-19.00	2.00	-21.00	32.00	-38.00	-36.00	-34.00	8.00
ROCE %	33.00	28.00	27.00	19.00	14.00	10.00	15.00	20.00	24.00	19.00	14.00	5.00

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	67.46	67.46	67.46	67.46	67.46	46.64	46.64	46.64	46.64	46.64	46.64	46.64
FIIs	7.26	7.31	8.19	8.36	9.21	13.95	17.04	20.99	20.00	17.08	13.90	14.42
DIIs	2.86	1.94	1.50	0.72	0.79	6.14	2.60	2.32	2.44	1.82	1.94	3.38
Public	22.40	23.28	22.84	23.45	22.55	33.28	33.72	30.06	30.92	34.46	37.53	35.56
No. of Shareholders	90,808	90,782	94,807	98,422	92,686	102,140	107,317	108,988	86,975	78,347	76,050	73,005

Corporate Actions

29 records

Action	Ex Date	Record Date	Ratio	Amount (₹)	Notes
Dividend	12 Jun 2026	12 Jun 2026	—	3.00
Dividend	31 Jul 2025	31 Jul 2025	—	2.00
Dividend	21 Aug 2024	—	—	1.70
Dividend	21 Aug 2023	—	—	0.75
Dividend	14 Sep 2022	—	—	0.45
Dividend	14 Sep 2021	—	—	0.12
Dividend	15 Sep 2020	—	—	0.30
Dividend	31 Jul 2019	—	—	0.40
Dividend	02 May 2018	—	—	0.40
Dividend	03 May 2017	—	—	0.30
Other	04 May 2016	—	—	—	Annual General Meeting
Split	21 Aug 2015	24 Aug 2015	10:1	—
Other	05 May 2015	—	—	—	Annual General Meeting
Dividend	28 Apr 2014	—	—	1.00
Dividend	30 Apr 2013	—	—	2.00
Dividend	25 Apr 2012	—	—	2.00
Dividend	19 Apr 2011	—	—	1.50
Dividend	21 Apr 2010	—	—	1.00
Dividend	22 Apr 2009	—	—	1.00
Dividend	23 Apr 2008	—	—	2.00	NSE/BSE dividend mismatch: NSE=0.2; BSE=2.0
Dividend	23 Apr 2008	—	—	0.20	NSE/BSE dividend mismatch: NSE=0.2; BSE=2.0
Rights	30 Oct 2007	06 Nov 2007	1:1	—
Other	30 Oct 2007	06 Nov 2007	—	—	Right Issue of Equity Shares
Other	20 Apr 2007	—	—	—	Agm
Rights	08 Sep 2006	15 Sep 2006	1:4	—
Other	08 Sep 2006	15 Sep 2006	—	—	Right Issue of Equity Shares
Other	31 Mar 2006	—	—	—	Agm
Dividend	09 Apr 2002	—	—	3.00
Dividend	27 Mar 2001	—	—	2.50