Cemindia Projects Ltd.
•₹ 1,276.40.2%
2026-08-21
PROS
- Company has delivered good profit growth of 106.4% CAGR over last 5 years
- Promoters have been increasing their shareholding - up 20.8pp over 2 years
- Company has a healthy return on capital (ROCE) of 30.1%
- Company has a good return on equity (ROE) track record: 3 Years ROE 23.6%
- Company has consistently been profitable over the last 5 years
- Company has delivered good sales growth of 29.8% CAGR over last 5 years
CONS
- Receivables are growing faster than sales - a possible quality concern
- Valuation is stretched - P/E of 36.1 is well above its own 5-year median (21.0)
- Growth is decelerating - 3Y profit CAGR (68.6%) trails the 5Y trend (106.4%)
- Though reporting repeated profits, the company pays out little dividend (8.6%)
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | LT | 4030.10 | 33.42 | 554487.79 | 0.94 | 4988.03 | 15.51 | 67941.74 | 6.69 | 15.98 | 12.00 |
| 2. | RVNL | 223.10 | 51.71 | 46516.80 | 0.32 | 159.52 | 18.73 | 4321.23 | 10.55 | 10.81 | 4.41 |
| 3. | KPIL | 1377.05 | 20.69 | 23516.23 | 0.80 | 311.53 | 45.85 | 6407.97 | 3.84 | 18.95 | 8.77 |
| 4. | IRB | 18.97 | 24.01 | 22911.97 | 0.69 | 3062.70 | 1412.58 | 21372.72 | 918.25 | 24.76 | 53.93 |
| 5. | CEMPRO | 1263.50 | 36.08 | 21705.36 | 0.24 | 140.83 | 2.64 | 2720.92 | 7.02 | 33.53 | 10.09 |
| 6. | ENGINERSIN | 236.95 | 16.98 | 13317.59 | 2.11 | 157.94 | 141.49 | 819.84 | -5.80 | 25.84 | 20.61 |
| 7. | TECHNOE | 997.70 | 26.92 | 11603.21 | 0.70 | 93.33 | -31.44 | 630.34 | 19.84 | 16.54 | 15.79 |
| 8. | IRCON | 122.60 | 22.02 | 11530.72 | 1.55 | 92.03 | -43.92 | 1955.83 | 9.49 | 12.69 | 9.81 |
| 9. | KEC | 423.05 | 20.34 | 11261.59 | 1.30 | 72.62 | -41.72 | 5023.54 | 0.01 | 16.35 | 5.79 |
| 10. | AFCONS | 277.95 | 70.65 | 10222.57 | 0.72 | 303.00 | 120.52 | 26710.00 | 692.49 | 12.88 | 9.42 |
| 11. | WAAREERTL | 880.80 | 18.09 | 9193.72 | 0.00 | 118.98 | 37.72 | 924.25 | 53.23 | 81.92 | 18.77 |
| 12. | NCC | 139.15 | 12.49 | 8736.49 | 1.58 | 228.90 | 11.85 | 5811.83 | 12.22 | 16.77 | 9.43 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,833 | 1,610 | 2,017 | 2,258 | 2,381 | 1,991 | 2,270 | 2,532 | 2,542 | 2,175 | 2,315 | 2,973 | 2,721 | |
| 1,671 | 1,452 | 1,812 | 2,037 | 2,160 | 1,809 | 2,063 | 2,277 | 2,310 | 1,972 | 2,094 | 2,616 | 2,539 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 9 | 6 | 12 | 21 | 16 | 22 | 10 | 16 | 15 | 39 | 23 | 92 | 10 |
| Interest | 51 | 52 | 58 | 57 | 53 | 57 | 59 | 62 | 50 | 53 | 50 | 61 | 50 |
| Depreciation | 45 | 53 | 56 | 54 | 49 | 47 | 45 | 51 | 41 | 43 | 43 | 39 | 43 |
| 74 | 60 | 103 | 130 | 135 | 100 | 113 | 157 | 156 | 146 | 152 | 350 | 192 | |
| Tax % | 35.52% | 24.14% | 26.40% | 31.36% | 25.85% | 27.92% | 23.20% | 27.63% | 16.82% | 26.51% | 27.10% | 30.86% | 26.79% |
| Net Profit | 0 | 0 | 0 | 0 | 100 | 72 | 87 | 114 | 137 | 108 | 111 | 242 | 141 |
| 3 | 3 | 5 | 5 | 6 | 4 | 5 | 7 | 8 | 6 | 6 | 14 | 1 | |
| Equity Capital | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 1,833
- 1,671
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 51
- Depreciation
- 45
- 74
- Tax %
- 35.52%
- Net Profit
- 0
- 3
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 1,610
- 1,452
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 52
- Depreciation
- 53
- 60
- Tax %
- 24.14%
- Net Profit
- 0
- 3
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 2,017
- 1,812
- Operating Profit
- —
- OPM %
- —
- Other Income
- 12
- Interest
- 58
- Depreciation
- 56
- 103
- Tax %
- 26.40%
- Net Profit
- 0
- 5
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 2,258
- 2,037
- Operating Profit
- —
- OPM %
- —
- Other Income
- 21
- Interest
- 57
- Depreciation
- 54
- 130
- Tax %
- 31.36%
- Net Profit
- 0
- 5
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 2,381
- 2,160
- Operating Profit
- —
- OPM %
- —
- Other Income
- 16
- Interest
- 53
- Depreciation
- 49
- 135
- Tax %
- 25.85%
- Net Profit
- 100
- 6
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 1,991
- 1,809
- Operating Profit
- —
- OPM %
- —
- Other Income
- 22
- Interest
- 57
- Depreciation
- 47
- 100
- Tax %
- 27.92%
- Net Profit
- 72
- 4
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 2,270
- 2,063
- Operating Profit
- —
- OPM %
- —
- Other Income
- 10
- Interest
- 59
- Depreciation
- 45
- 113
- Tax %
- 23.20%
- Net Profit
- 87
- 5
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 2,532
- 2,277
- Operating Profit
- —
- OPM %
- —
- Other Income
- 16
- Interest
- 62
- Depreciation
- 51
- 157
- Tax %
- 27.63%
- Net Profit
- 114
- 7
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 2,542
- 2,310
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 50
- Depreciation
- 41
- 156
- Tax %
- 16.82%
- Net Profit
- 137
- 8
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 2,175
- 1,972
- Operating Profit
- —
- OPM %
- —
- Other Income
- 39
- Interest
- 53
- Depreciation
- 43
- 146
- Tax %
- 26.51%
- Net Profit
- 108
- 6
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 2,315
- 2,094
- Operating Profit
- —
- OPM %
- —
- Other Income
- 23
- Interest
- 50
- Depreciation
- 43
- 152
- Tax %
- 27.10%
- Net Profit
- 111
- 6
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 2,973
- 2,616
- Operating Profit
- —
- OPM %
- —
- Other Income
- 92
- Interest
- 61
- Depreciation
- 39
- 350
- Tax %
- 30.86%
- Net Profit
- 242
- 14
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 2,721
- 2,539
- Operating Profit
- —
- OPM %
- —
- Other Income
- 10
- Interest
- 50
- Depreciation
- 43
- 192
- Tax %
- 26.79%
- Net Profit
- 141
- 1
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| 3,170 | 2,861 | 2,728 | 3,809 | 5,091 | 7,718 | 9,246 | 10,061 | 10,185 | |
| 2,848 | 2,565 | 2,515 | 3,516 | 4,691 | 6,973 | 8,384 | 9,045 | 9,221 | |
| Operating Profit | 341 | 300 | 225 | 305 | 429 | 793 | 939 | 1,199 | — |
| OPM % | 11 | 10 | 8 | 8 | 8 | 10 | 10 | 12 | — |
| Other Income | 19 | 5 | 12 | 12 | 29 | 48 | 77 | 183 | 164 |
| Interest | 124 | 130 | 138 | 142 | 165 | 218 | 236 | 215 | 214 |
| Depreciation | 82 | 96 | 100 | 103 | 114 | 208 | 194 | 166 | 167 |
| 135 | 60 | 20 | 94 | 184 | 383 | 508 | 818 | 841 | |
| Tax % | 38 | 27 | 20 | 26 | 32 | 28 | 27 | 27 | 28 |
| Net Profit | 83 | 44 | 16 | 69 | 125 | 274 | 373 | 598 | 601 |
| EPS | 5 | 3 | 1 | 4 | 7 | 16 | 22 | 35 | — |
| Dividend Payout % | 8 | 12 | 12 | 11 | 10 | 11 | 9 | 9 | — |
| Minority Interest | -1 | -1 | -0 | -1 | -0 | -0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 5 | 3 | 1 | 4 | 7 | 16 | 22 | 35 | — |
| Minority Interest | -1 | -1 | -0 | -1 | -0 | -0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 5 | 3 | 1 | 4 | 7 | 16 | 22 | 35 | — |
Mar 2019
- 3,170
- 2,848
- Operating Profit
- 341
- OPM %
- 11
- Other Income
- 19
- Interest
- 124
- Depreciation
- 82
- 135
- Tax %
- 38
- Net Profit
- 83
- EPS
- 5
- Dividend Payout %
- 8
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2020
- 2,861
- 2,565
- Operating Profit
- 300
- OPM %
- 10
- Other Income
- 5
- Interest
- 130
- Depreciation
- 96
- 60
- Tax %
- 27
- Net Profit
- 44
- EPS
- 3
- Dividend Payout %
- 12
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2021
- 2,728
- 2,515
- Operating Profit
- 225
- OPM %
- 8
- Other Income
- 12
- Interest
- 138
- Depreciation
- 100
- 20
- Tax %
- 20
- Net Profit
- 16
- EPS
- 1
- Dividend Payout %
- 12
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2022
- 3,809
- 3,516
- Operating Profit
- 305
- OPM %
- 8
- Other Income
- 12
- Interest
- 142
- Depreciation
- 103
- 94
- Tax %
- 26
- Net Profit
- 69
- EPS
- 4
- Dividend Payout %
- 11
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2023
- 5,091
- 4,691
- Operating Profit
- 429
- OPM %
- 8
- Other Income
- 29
- Interest
- 165
- Depreciation
- 114
- 184
- Tax %
- 32
- Net Profit
- 125
- EPS
- 7
- Dividend Payout %
- 10
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 7
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 7
Mar 2024
- 7,718
- 6,973
- Operating Profit
- 793
- OPM %
- 10
- Other Income
- 48
- Interest
- 218
- Depreciation
- 208
- 383
- Tax %
- 28
- Net Profit
- 274
- EPS
- 16
- Dividend Payout %
- 11
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 16
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 16
Mar 2025
- 9,246
- 8,384
- Operating Profit
- 939
- OPM %
- 10
- Other Income
- 77
- Interest
- 236
- Depreciation
- 194
- 508
- Tax %
- 27
- Net Profit
- 373
- EPS
- 22
- Dividend Payout %
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 22
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 22
Mar 2026
- 10,061
- 9,045
- Operating Profit
- 1,199
- OPM %
- 12
- Other Income
- 183
- Interest
- 215
- Depreciation
- 166
- 818
- Tax %
- 27
- Net Profit
- 598
- EPS
- 35
- Dividend Payout %
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 35
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 35
TTM
- 10,185
- 9,221
- Operating Profit
- —
- OPM %
- —
- Other Income
- 164
- Interest
- 214
- Depreciation
- 167
- 841
- Tax %
- 28
- Net Profit
- 601
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- 30%
- 3 Years:
- 25%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- 103%
- 3 Years:
- 69%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- —
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- 18%
- 3 Years:
- 24%
- Last Year:
- 28%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - |
| Equity Capital | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 |
| 1,004 | 1,035 | 1,049 | 1,114 | 1,220 | 1,477 | 1,816 | 2,382 | |
| 515 | 457 | 322 | 428 | 556 | 583 | 762 | 809 | |
| Trade Payables | 559 | 657 | 727 | 937 | 1,334 | 1,433 | 2,045 | 2,190 |
| 600 | 956 | 1,072 | 1,114 | 2,013 | 2,541 | 1,507 | 1,981 | |
| Total Liabilities | 2,695 | 3,123 | 3,187 | 3,610 | 5,141 | 6,051 | 6,148 | 7,379 |
| ASSETS | - | - | - | - | - | - | - | - |
| 529 | 624 | 601 | 655 | 847 | 1,081 | 1,071 | 1,162 | |
| Capital Work in Progress | 7 | 5 | 53 | 2 | 117 | 10 | 21 | 22 |
| 1 | 255 | 194 | 113 | 45 | 5 | 0 | 0 | |
| 246 | 289 | 337 | 400 | 577 | 684 | 644 | 751 | |
| 0 | 0 | 0 | 0 | 0 | 1,211 | 990 | 1,295 | |
| Cash & Bank | 109 | 281 | 207 | 491 | 630 | 896 | 825 | 949 |
| 1,803 | 1,668 | 1,795 | 1,949 | 2,924 | 2,164 | 2,598 | 3,202 | |
| Total Assets | 2,695 | 3,123 | 3,187 | 3,610 | 5,141 | 6,051 | 6,148 | 7,379 |
| Total Debt | 532 | 474 | 409 | 515 | 725 | 862 | 964 | 963 |
| Net Working Capital | 410 | 114 | 223 | 295 | 14 | 350 | 627 | 1,123 |
| Contingent Liabilities | 1,734 | 1,130 | 848 | 1,040 | 1,224 | 1,556 | 768 | 875 |
| Book Value per Share | 59.43 | 61.27 | 62.04 | 65.85 | 72.04 | 86.95 | 106.72 | 139.67 |
| Face Value | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Total Debt | 532 | 474 | 409 | 515 | 725 | 862 | 964 | 963 |
| Net Working Capital | 410 | 114 | 223 | 295 | 14 | 350 | 627 | 1,123 |
| Contingent Liabilities | 1,734 | 1,130 | 848 | 1,040 | 1,224 | 1,556 | 768 | 875 |
| Book Value per Share | 59.43 | 61.27 | 62.04 | 65.85 | 72.04 | 86.95 | 106.72 | 139.67 |
| Face Value | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
Mar 2019
- Equity Capital
- 17
- 1,004
- 515
- Trade Payables
- 559
- 600
- Total Liabilities
- 2,695
- 529
- Capital Work in Progress
- 7
- 1
- 246
- 0
- Cash & Bank
- 109
- 1,803
- Total Assets
- 2,695
- Total Debt
- 532
- Net Working Capital
- 410
- Contingent Liabilities
- 1,734
- Book Value per Share
- 59.43
- Face Value
- 1.00
- Total Debt
- 532
- Net Working Capital
- 410
- Contingent Liabilities
- 1,734
- Book Value per Share
- 59.43
- Face Value
- 1.00
Mar 2020
- Equity Capital
- 17
- 1,035
- 457
- Trade Payables
- 657
- 956
- Total Liabilities
- 3,123
- 624
- Capital Work in Progress
- 5
- 255
- 289
- 0
- Cash & Bank
- 281
- 1,668
- Total Assets
- 3,123
- Total Debt
- 474
- Net Working Capital
- 114
- Contingent Liabilities
- 1,130
- Book Value per Share
- 61.27
- Face Value
- 1.00
- Total Debt
- 474
- Net Working Capital
- 114
- Contingent Liabilities
- 1,130
- Book Value per Share
- 61.27
- Face Value
- 1.00
Mar 2021
- Equity Capital
- 17
- 1,049
- 322
- Trade Payables
- 727
- 1,072
- Total Liabilities
- 3,187
- 601
- Capital Work in Progress
- 53
- 194
- 337
- 0
- Cash & Bank
- 207
- 1,795
- Total Assets
- 3,187
- Total Debt
- 409
- Net Working Capital
- 223
- Contingent Liabilities
- 848
- Book Value per Share
- 62.04
- Face Value
- 1.00
- Total Debt
- 409
- Net Working Capital
- 223
- Contingent Liabilities
- 848
- Book Value per Share
- 62.04
- Face Value
- 1.00
Mar 2022
- Equity Capital
- 17
- 1,114
- 428
- Trade Payables
- 937
- 1,114
- Total Liabilities
- 3,610
- 655
- Capital Work in Progress
- 2
- 113
- 400
- 0
- Cash & Bank
- 491
- 1,949
- Total Assets
- 3,610
- Total Debt
- 515
- Net Working Capital
- 295
- Contingent Liabilities
- 1,040
- Book Value per Share
- 65.85
- Face Value
- 1.00
- Total Debt
- 515
- Net Working Capital
- 295
- Contingent Liabilities
- 1,040
- Book Value per Share
- 65.85
- Face Value
- 1.00
Mar 2023
- Equity Capital
- 17
- 1,220
- 556
- Trade Payables
- 1,334
- 2,013
- Total Liabilities
- 5,141
- 847
- Capital Work in Progress
- 117
- 45
- 577
- 0
- Cash & Bank
- 630
- 2,924
- Total Assets
- 5,141
- Total Debt
- 725
- Net Working Capital
- 14
- Contingent Liabilities
- 1,224
- Book Value per Share
- 72.04
- Face Value
- 1.00
- Total Debt
- 725
- Net Working Capital
- 14
- Contingent Liabilities
- 1,224
- Book Value per Share
- 72.04
- Face Value
- 1.00
Mar 2024
- Equity Capital
- 17
- 1,477
- 583
- Trade Payables
- 1,433
- 2,541
- Total Liabilities
- 6,051
- 1,081
- Capital Work in Progress
- 10
- 5
- 684
- 1,211
- Cash & Bank
- 896
- 2,164
- Total Assets
- 6,051
- Total Debt
- 862
- Net Working Capital
- 350
- Contingent Liabilities
- 1,556
- Book Value per Share
- 86.95
- Face Value
- 1.00
- Total Debt
- 862
- Net Working Capital
- 350
- Contingent Liabilities
- 1,556
- Book Value per Share
- 86.95
- Face Value
- 1.00
Mar 2025
- Equity Capital
- 17
- 1,816
- 762
- Trade Payables
- 2,045
- 1,507
- Total Liabilities
- 6,148
- 1,071
- Capital Work in Progress
- 21
- 0
- 644
- 990
- Cash & Bank
- 825
- 2,598
- Total Assets
- 6,148
- Total Debt
- 964
- Net Working Capital
- 627
- Contingent Liabilities
- 768
- Book Value per Share
- 106.72
- Face Value
- 1.00
- Total Debt
- 964
- Net Working Capital
- 627
- Contingent Liabilities
- 768
- Book Value per Share
- 106.72
- Face Value
- 1.00
Mar 2026
- Equity Capital
- 17
- 2,382
- 809
- Trade Payables
- 2,190
- 1,981
- Total Liabilities
- 7,379
- 1,162
- Capital Work in Progress
- 22
- 0
- 751
- 1,295
- Cash & Bank
- 949
- 3,202
- Total Assets
- 7,379
- Total Debt
- 963
- Net Working Capital
- 1,123
- Contingent Liabilities
- 875
- Book Value per Share
- 139.67
- Face Value
- 1.00
- Total Debt
- 963
- Net Working Capital
- 1,123
- Contingent Liabilities
- 875
- Book Value per Share
- 139.67
- Face Value
- 1.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| -134 | 447 | 191 | 339 | 471 | 704 | 184 | 500 | |
| Cash from Investing | -133 | -87 | -51 | -25 | -438 | -419 | -234 | -149 |
| Cash from Financing | 244 | -212 | -250 | -56 | 28 | -123 | -218 | -243 |
| -24 | 147 | -110 | 258 | 61 | 162 | -268 | 108 | |
| Free Cash Flow | -134 | 270 | 78 | 266 | 83 | 415 | 98 | 375 |
| OCF / Net Profit | -1.61 | 10.21 | 11.99 | 4.88 | 3.78 | 2.57 | 0.49 | 0.84 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 | 1,112 | 940 | 1,237 |
| OCF / Net Profit | -1.61 | 10.21 | 11.99 | 4.88 | 3.78 | 2.57 | 0.49 | 0.84 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 | 1,112 | 940 | 1,237 |
Mar 2019
- -134
- Cash from Investing
- -133
- Cash from Financing
- 244
- -24
- Free Cash Flow
- -134
- OCF / Net Profit
- -1.61
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -1.61
- Cumulative 5-Year FCF
- 0
Mar 2020
- 447
- Cash from Investing
- -87
- Cash from Financing
- -212
- 147
- Free Cash Flow
- 270
- OCF / Net Profit
- 10.21
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 10.21
- Cumulative 5-Year FCF
- 0
Mar 2021
- 191
- Cash from Investing
- -51
- Cash from Financing
- -250
- -110
- Free Cash Flow
- 78
- OCF / Net Profit
- 11.99
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 11.99
- Cumulative 5-Year FCF
- 0
Mar 2022
- 339
- Cash from Investing
- -25
- Cash from Financing
- -56
- 258
- Free Cash Flow
- 266
- OCF / Net Profit
- 4.88
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 4.88
- Cumulative 5-Year FCF
- 0
Mar 2023
- 471
- Cash from Investing
- -438
- Cash from Financing
- 28
- 61
- Free Cash Flow
- 83
- OCF / Net Profit
- 3.78
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 3.78
- Cumulative 5-Year FCF
- 0
Mar 2024
- 704
- Cash from Investing
- -419
- Cash from Financing
- -123
- 162
- Free Cash Flow
- 415
- OCF / Net Profit
- 2.57
- Cumulative 5-Year FCF
- 1,112
- OCF / Net Profit
- 2.57
- Cumulative 5-Year FCF
- 1,112
Mar 2025
- 184
- Cash from Investing
- -234
- Cash from Financing
- -218
- -268
- Free Cash Flow
- 98
- OCF / Net Profit
- 0.49
- Cumulative 5-Year FCF
- 940
- OCF / Net Profit
- 0.49
- Cumulative 5-Year FCF
- 940
Mar 2026
- 500
- Cash from Investing
- -149
- Cash from Financing
- -243
- 108
- Free Cash Flow
- 375
- OCF / Net Profit
- 0.84
- Cumulative 5-Year FCF
- 1,237
- OCF / Net Profit
- 0.84
- Cumulative 5-Year FCF
- 1,237
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - |
| EPS (₹) | 4.77 | 2.51 | 1.00 | 4.12 | 7.23 | 15.93 | 21.70 | 34.79 |
| Book Value (₹) | 59.43 | 61.27 | 62.04 | 65.85 | 72.04 | 86.95 | 106.72 | 139.67 |
| Dividend per Share (₹) | 0.40 | 0.30 | 0.12 | 0.45 | 0.75 | 1.70 | 2.00 | 3.00 |
| Cash EPS (₹) | 9.64 | 8.16 | 6.76 | 10.01 | 13.87 | 28.06 | 33.02 | 44.45 |
| PROFITABILITY | - | - | - | - | - | - | - | - |
| Operating Margin % | 10.77% | 10.49% | 8.26% | 8.01% | 8.42% | 9.65% | 9.32% | 10.10% |
| Net Margin % | 2.62% | 1.53% | 0.58% | 1.82% | 2.45% | 3.55% | 4.03% | 5.94% |
| ROE % | 10.15% | 4.22% | 1.51% | 6.31% | 10.53% | 20.08% | 22.41% | 28.24% |
| ROCE % | 19.47% | 12.38% | 10.54% | 15.08% | 19.36% | 27.84% | 28.89% | 33.53% |
| 3.27% | 1.50% | 0.51% | 2.04% | 2.85% | 4.90% | 6.11% | 8.84% | |
| EFFICIENCY | - | - | - | - | - | - | - | - |
| Debtor Days | 39 | 65 | 75 | 55 | 61 | 54 | 43 | 41 |
| Inventory Days | 23 | 34 | 42 | 35 | 35 | 30 | 26 | 25 |
| Payable Days | 180 | 208 | 296 | 245 | 234 | 173 | 197 | 230 |
| -118 | -109 | -179 | -154 | -138 | -89 | -127 | -164 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.52x | 0.45x | 0.38x | 0.46x | 0.59x | 0.58x | 0.53x | 0.40x |
| Interest Coverage (x) | 2.08x | 1.46x | 1.14x | 1.66x | 2.11x | 2.76x | 3.15x | 4.80x |
| 1.25x | 1.06x | 1.11x | 1.13x | 1.00x | 1.08x | 1.16x | 1.25x | |
| GROWTH | - | - | - | - | - | - | - | - |
| Revenue Growth % | 53.87% | -9.77% | -4.65% | 39.64% | 33.65% | 51.60% | 19.80% | 8.81% |
| Operating Profit Growth % | 11.31% | -12.08% | -24.94% | 35.33% | 40.53% | 85.08% | 18.36% | 27.68% |
| Net Profit Growth % | 14.03% | -47.38% | -63.55% | 334.68% | 79.88% | 119.83% | 35.96% | 60.34% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 120.32% | 36.17% | 60.34% | |
| VALUATION | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 20.97x | 25.69x | 14.68x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 3.84x | 5.22x | 3.66x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.51% | 0.36% | 0.59% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 7.20x | 10.35x | 7.33x |
Mar 2019
- EPS (₹)
- 4.77
- Book Value (₹)
- 59.43
- Dividend per Share (₹)
- 0.40
- Cash EPS (₹)
- 9.64
- Operating Margin %
- 10.77%
- Net Margin %
- 2.62%
- ROE %
- 10.15%
- ROCE %
- 19.47%
- 3.27%
- Debtor Days
- 39
- Inventory Days
- 23
- Payable Days
- 180
- -118
- Debt to Equity (x)
- 0.52x
- Interest Coverage (x)
- 2.08x
- 1.25x
- Revenue Growth %
- 53.87%
- Operating Profit Growth %
- 11.31%
- Net Profit Growth %
- 14.03%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 2.51
- Book Value (₹)
- 61.27
- Dividend per Share (₹)
- 0.30
- Cash EPS (₹)
- 8.16
- Operating Margin %
- 10.49%
- Net Margin %
- 1.53%
- ROE %
- 4.22%
- ROCE %
- 12.38%
- 1.50%
- Debtor Days
- 65
- Inventory Days
- 34
- Payable Days
- 208
- -109
- Debt to Equity (x)
- 0.45x
- Interest Coverage (x)
- 1.46x
- 1.06x
- Revenue Growth %
- -9.77%
- Operating Profit Growth %
- -12.08%
- Net Profit Growth %
- -47.38%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 1.00
- Book Value (₹)
- 62.04
- Dividend per Share (₹)
- 0.12
- Cash EPS (₹)
- 6.76
- Operating Margin %
- 8.26%
- Net Margin %
- 0.58%
- ROE %
- 1.51%
- ROCE %
- 10.54%
- 0.51%
- Debtor Days
- 75
- Inventory Days
- 42
- Payable Days
- 296
- -179
- Debt to Equity (x)
- 0.38x
- Interest Coverage (x)
- 1.14x
- 1.11x
- Revenue Growth %
- -4.65%
- Operating Profit Growth %
- -24.94%
- Net Profit Growth %
- -63.55%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 4.12
- Book Value (₹)
- 65.85
- Dividend per Share (₹)
- 0.45
- Cash EPS (₹)
- 10.01
- Operating Margin %
- 8.01%
- Net Margin %
- 1.82%
- ROE %
- 6.31%
- ROCE %
- 15.08%
- 2.04%
- Debtor Days
- 55
- Inventory Days
- 35
- Payable Days
- 245
- -154
- Debt to Equity (x)
- 0.46x
- Interest Coverage (x)
- 1.66x
- 1.13x
- Revenue Growth %
- 39.64%
- Operating Profit Growth %
- 35.33%
- Net Profit Growth %
- 334.68%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 7.23
- Book Value (₹)
- 72.04
- Dividend per Share (₹)
- 0.75
- Cash EPS (₹)
- 13.87
- Operating Margin %
- 8.42%
- Net Margin %
- 2.45%
- ROE %
- 10.53%
- ROCE %
- 19.36%
- 2.85%
- Debtor Days
- 61
- Inventory Days
- 35
- Payable Days
- 234
- -138
- Debt to Equity (x)
- 0.59x
- Interest Coverage (x)
- 2.11x
- 1.00x
- Revenue Growth %
- 33.65%
- Operating Profit Growth %
- 40.53%
- Net Profit Growth %
- 79.88%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 15.93
- Book Value (₹)
- 86.95
- Dividend per Share (₹)
- 1.70
- Cash EPS (₹)
- 28.06
- Operating Margin %
- 9.65%
- Net Margin %
- 3.55%
- ROE %
- 20.08%
- ROCE %
- 27.84%
- 4.90%
- Debtor Days
- 54
- Inventory Days
- 30
- Payable Days
- 173
- -89
- Debt to Equity (x)
- 0.58x
- Interest Coverage (x)
- 2.76x
- 1.08x
- Revenue Growth %
- 51.60%
- Operating Profit Growth %
- 85.08%
- Net Profit Growth %
- 119.83%
- 120.32%
- P/E (x)
- 20.97x
- P/B (x)
- 3.84x
- Dividend Yield %
- 0.51%
- 7.20x
Mar 2025
- EPS (₹)
- 21.70
- Book Value (₹)
- 106.72
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 33.02
- Operating Margin %
- 9.32%
- Net Margin %
- 4.03%
- ROE %
- 22.41%
- ROCE %
- 28.89%
- 6.11%
- Debtor Days
- 43
- Inventory Days
- 26
- Payable Days
- 197
- -127
- Debt to Equity (x)
- 0.53x
- Interest Coverage (x)
- 3.15x
- 1.16x
- Revenue Growth %
- 19.80%
- Operating Profit Growth %
- 18.36%
- Net Profit Growth %
- 35.96%
- 36.17%
- P/E (x)
- 25.69x
- P/B (x)
- 5.22x
- Dividend Yield %
- 0.36%
- 10.35x
Mar 2026
- EPS (₹)
- 34.79
- Book Value (₹)
- 139.67
- Dividend per Share (₹)
- 3.00
- Cash EPS (₹)
- 44.45
- Operating Margin %
- 10.10%
- Net Margin %
- 5.94%
- ROE %
- 28.24%
- ROCE %
- 33.53%
- 8.84%
- Debtor Days
- 41
- Inventory Days
- 25
- Payable Days
- 230
- -164
- Debt to Equity (x)
- 0.40x
- Interest Coverage (x)
- 4.80x
- 1.25x
- Revenue Growth %
- 8.81%
- Operating Profit Growth %
- 27.68%
- Net Profit Growth %
- 60.34%
- 60.34%
- P/E (x)
- 14.68x
- P/B (x)
- 3.66x
- Dividend Yield %
- 0.59%
- 7.33x
Documents
Announcements
- Investor Presentation
2026-08-20 - Cemindia Projects Limited has informed the Exchange about Investor Presentation
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-20 - Cemindia Projects Limited has informed the Exchange about Schedule of meet
Annual Reports
Credit Ratings
- Credit Rating- Revision
2025-08-29 - ITD Cementation India Limited has informed the Exchange about Credit Rating- Revision
- Credit Rating- New
2025-07-30 - ITD Cementation India Limited has informed the Exchange about Credit Rating- New
Concalls
Aug 2026
Jul 2026
May 2026