Cemindia Project

NSE: CEMPRO · Civil Construction

52W Range₹503 ₹1,650

Snapshot

Unlock Cemindia Project's vital signs

Growth · Profitability · Valuation · Strength · Conviction

Company Overview

Business

Cemindia Projects Limited is a diversified civil engineering and construction company specialising in maritime structures, transport infrastructure, and complex geotechnical works. The company provides integrated solutions across sectors including energy, power, and urban infrastructure for both government and private clients.

Business Model

The company operates as a civil engineering contractor, generating revenue through the design, construction, and commissioning of large-scale infrastructure projects. It leverages specialised technical capabilities in piling, tunneling, and marine works to secure high-value contracts from public and private sector entities.

Management Commentary

Following its rebranding from ITD Cementation India Limited in August 2025, the company continues to operate as a subsidiary of Renew Exim DMCC. Management focuses on delivering integrated solutions across critical infrastructure sectors.

Growth Outlook

Growth is driven by the company's extensive portfolio in maritime, transport, and industrial infrastructure projects. The firm is positioned to benefit from ongoing government investment in national infrastructure and specialised engineering requirements.

Key Risks

  • Project Execution Risk. Delays in large-scale civil engineering projects due to technical complexities or site conditions can lead to cost overruns and margin compression.
  • Regulatory and Policy Risk. As a major contractor for government departments, the company is highly sensitive to changes in public infrastructure spending and policy shifts.
  • Commodity Price Volatility. Fluctuations in the costs of raw materials like steel and cement can significantly impact the profitability of fixed-price construction contracts.
  • Concentration Risk. Dependency on large, long-term infrastructure projects means that the loss or delay of a single major contract could materially affect financial performance.

Price

Start your research today

Unlock AI insights, financials, peers and live data on Cemindia Project and 5,000+ companies — free.

Start your research

Key Metrics

REVENUE

₹10,007 Cr

TTM · consolidated

+10.0%YoY

NET PROFIT

₹598 Cr

TTM · consolidated

+60.2%YoY

EPS

₹34.81

TTM · consolidated

+60.4%YoY

RETURN ON EQUITY

30.3%

TTM · consolidated

+6.7 ppYoY

RETURN ON CAPITAL EMPLOYED

47.0%

TTM · consolidated

+6.0 ppYoY

P/E

46.1x

Q4 FY26 · consolidated

46.1 vs 185.8x5Y avg

EV/EBITDA

23.6x

Q4 FY26 · consolidated

23.6 vs 42.1x5Y avg

EBITDA MARGIN

11.8%

TTM · consolidated

+1.6 ppYoY

NET PROFIT MARGIN

8.1%

Q4 FY26 · consolidated

+3.5 ppYoY

DEBT TO EQUITY

0.4x

Q4 FY26 · consolidated

-0.15xYoY

Peers · Civil Construction

CompanyMkt Cap (Cr)P/EEV/EBITDARev Gr YoYEBITDA MgnROEROCE1Y Return
Cemindia ProjectCEMPRO
9,19346.0623.5910.0%11.8%30.3%47.0%
Engineers India Ltd.ENGINERSIN
10,55218.8314.5127.2%22.7%24.8%30.1%-6.1%
Afcons Infrastructure Ltd.AFCONS
10,20224.527.9014.5%8.1%13.5%-32.0%
RITES Ltd.RITES
9,10725.7215.048.9%27.5%17.1%19.8%-21.3%
NCC Ltd.NCC
8,59811.155.74-5.7%9.5%12.0%23.6%-38.4%
G R Infraprojects LimitedGRINFRA
8,1259.656.5613.6%22.8%10.4%13.1%-29.4%

As of Q4 FY26

Financials