Cemindia Projects Ltd.
•₹ 1,276.40.2%
2026-08-21
PROS
- Company has delivered good profit growth of 106.6% 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 29.9%
- Company has a good return on equity (ROE) track record: 3 Years ROE 23.5%
- Company has delivered good sales growth of 35.2% CAGR over last 5 years
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.10x)
CONS
- Receivables are growing faster than sales - a possible quality concern
- Growth is decelerating - 3Y profit CAGR (68.4%) trails the 5Y trend (106.6%)
- Though reporting repeated profits, the company pays out little dividend (8.7%)
* 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
Standalone Figures in Rs. Crores / View Consolidated
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,800 | 1,583 | 1,922 | 2,237 | 2,376 | 1,898 | 2,270 | 2,532 | 2,548 | 2,171 | 2,304 | 2,907 | 2,654 | |
| 1,638 | 1,420 | 1,718 | 2,017 | 2,155 | 1,719 | 2,063 | 2,277 | 2,307 | 1,966 | 2,083 | 2,553 | 2,477 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 9 | 5 | 12 | 20 | 15 | 22 | 10 | 16 | 13 | 37 | 23 | 92 | 10 |
| Interest | 50 | 50 | 57 | 57 | 53 | 57 | 59 | 62 | 50 | 53 | 50 | 61 | 50 |
| Depreciation | 44 | 52 | 55 | 54 | 49 | 46 | 45 | 51 | 41 | 43 | 43 | 39 | 43 |
| 77 | 67 | 103 | 129 | 135 | 98 | 113 | 157 | 164 | 147 | 151 | 346 | 188 | |
| Tax % | 32.44% | 20.11% | 24.06% | 30.61% | 25.84% | 26.72% | 23.22% | 27.50% | 16.09% | 26.78% | 27.12% | 30.93% | 26.83% |
| Net Profit | 52 | 54 | 78 | 90 | 100 | 72 | 87 | 114 | 137 | 108 | 110 | 239 | 138 |
| 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
- 1,800
- 1,638
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 50
- Depreciation
- 44
- 77
- Tax %
- 32.44%
- Net Profit
- 52
- 3
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 1,583
- 1,420
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 50
- Depreciation
- 52
- 67
- Tax %
- 20.11%
- Net Profit
- 54
- 3
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 1,922
- 1,718
- Operating Profit
- —
- OPM %
- —
- Other Income
- 12
- Interest
- 57
- Depreciation
- 55
- 103
- Tax %
- 24.06%
- Net Profit
- 78
- 5
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 2,237
- 2,017
- Operating Profit
- —
- OPM %
- —
- Other Income
- 20
- Interest
- 57
- Depreciation
- 54
- 129
- Tax %
- 30.61%
- Net Profit
- 90
- 5
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 2,376
- 2,155
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 53
- Depreciation
- 49
- 135
- Tax %
- 25.84%
- Net Profit
- 100
- 6
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 1,898
- 1,719
- Operating Profit
- —
- OPM %
- —
- Other Income
- 22
- Interest
- 57
- Depreciation
- 46
- 98
- Tax %
- 26.72%
- 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 %
- 23.22%
- 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 %
- 27.50%
- Net Profit
- 114
- 7
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 2,548
- 2,307
- Operating Profit
- —
- OPM %
- —
- Other Income
- 13
- Interest
- 50
- Depreciation
- 41
- 164
- Tax %
- 16.09%
- Net Profit
- 137
- 8
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 2,171
- 1,966
- Operating Profit
- —
- OPM %
- —
- Other Income
- 37
- Interest
- 53
- Depreciation
- 43
- 147
- Tax %
- 26.78%
- Net Profit
- 108
- 6
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 2,304
- 2,083
- Operating Profit
- —
- OPM %
- —
- Other Income
- 23
- Interest
- 50
- Depreciation
- 43
- 151
- Tax %
- 27.12%
- Net Profit
- 110
- 6
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 2,907
- 2,553
- Operating Profit
- —
- OPM %
- —
- Other Income
- 92
- Interest
- 61
- Depreciation
- 39
- 346
- Tax %
- 30.93%
- Net Profit
- 239
- 14
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 2,654
- 2,477
- Operating Profit
- —
- OPM %
- —
- Other Income
- 10
- Interest
- 50
- Depreciation
- 43
- 188
- Tax %
- 26.83%
- Net Profit
- 138
- 1
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| 2,288 | 2,142 | 2,208 | 3,250 | 4,675 | 7,542 | 9,246 | 9,983 | 10,036 | |
| 2,024 | 1,881 | 2,003 | 2,949 | 4,255 | 6,792 | 8,384 | 8,972 | 9,079 | |
| Operating Profit | 282 | 265 | 213 | 309 | 446 | 796 | 939 | 1,193 | — |
| OPM % | 12 | 12 | 10 | 10 | 10 | 11 | 10 | 12 | — |
| Other Income | 18 | 4 | 9 | 9 | 26 | 46 | 77 | 182 | 163 |
| Interest | 78 | 92 | 111 | 132 | 160 | 215 | 236 | 215 | 214 |
| Depreciation | 70 | 79 | 83 | 95 | 108 | 204 | 194 | 166 | 167 |
| 134 | 53 | 19 | 82 | 177 | 377 | 508 | 812 | 832 | |
| Tax % | 39 | 19 | 18 | 16 | 30 | 27 | 27 | 27 | 29 |
| Net Profit | 82 | 43 | 16 | 69 | 124 | 274 | 373 | 594 | 594 |
| EPS | 5 | 3 | 1 | 4 | 7 | 16 | 22 | 35 | — |
| Dividend Payout % | 8 | 12 | 13 | 11 | 10 | 11 | 9 | 9 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 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
- 2,288
- 2,024
- Operating Profit
- 282
- OPM %
- 12
- Other Income
- 18
- Interest
- 78
- Depreciation
- 70
- 134
- Tax %
- 39
- Net Profit
- 82
- EPS
- 5
- Dividend Payout %
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2020
- 2,142
- 1,881
- Operating Profit
- 265
- OPM %
- 12
- Other Income
- 4
- Interest
- 92
- Depreciation
- 79
- 53
- Tax %
- 19
- Net Profit
- 43
- EPS
- 3
- Dividend Payout %
- 12
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2021
- 2,208
- 2,003
- Operating Profit
- 213
- OPM %
- 10
- Other Income
- 9
- Interest
- 111
- Depreciation
- 83
- 19
- Tax %
- 18
- Net Profit
- 16
- EPS
- 1
- Dividend Payout %
- 13
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2022
- 3,250
- 2,949
- Operating Profit
- 309
- OPM %
- 10
- Other Income
- 9
- Interest
- 132
- Depreciation
- 95
- 82
- Tax %
- 16
- Net Profit
- 69
- EPS
- 4
- Dividend Payout %
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2023
- 4,675
- 4,255
- Operating Profit
- 446
- OPM %
- 10
- Other Income
- 26
- Interest
- 160
- Depreciation
- 108
- 177
- Tax %
- 30
- Net Profit
- 124
- 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
- 7,542
- 6,792
- Operating Profit
- 796
- OPM %
- 11
- Other Income
- 46
- Interest
- 215
- Depreciation
- 204
- 377
- Tax %
- 27
- 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
- 9,983
- 8,972
- Operating Profit
- 1,193
- OPM %
- 12
- Other Income
- 182
- Interest
- 215
- Depreciation
- 166
- 812
- Tax %
- 27
- Net Profit
- 594
- 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
- 10,036
- 9,079
- Operating Profit
- —
- OPM %
- —
- Other Income
- 163
- Interest
- 214
- Depreciation
- 167
- 832
- Tax %
- 29
- Net Profit
- 594
- 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:
- 35%
- 3 Years:
- 29%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- 107%
- 3 Years:
- 68%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- —
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- 17%
- 3 Years:
- 24%
- Last Year:
- 28%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 2,378 | |
| 203 | 277 | 310 | 428 | 556 | 583 | 762 | 809 | |
| Trade Payables | 431 | 479 | 537 | 728 | 1,209 | 1,400 | 2,045 | 2,155 |
| 465 | 958 | 1,035 | 1,098 | 1,942 | 2,457 | 1,507 | 1,901 | |
| Total Liabilities | 2,120 | 2,766 | 2,948 | 3,385 | 4,945 | 5,934 | 6,148 | 7,260 |
| ASSETS | - | - | - | - | - | - | - | - |
| 432 | 534 | 539 | 604 | 812 | 1,057 | 1,071 | 1,162 | |
| Capital Work in Progress | 5 | 5 | 53 | 2 | 117 | 10 | 21 | 22 |
| 1 | 447 | 410 | 364 | 222 | 136 | 0 | 0 | |
| 154 | 197 | 271 | 349 | 568 | 683 | 644 | 751 | |
| 0 | 0 | 0 | 0 | 0 | 1,177 | 990 | 1,233 | |
| Cash & Bank | 82 | 233 | 148 | 375 | 544 | 824 | 825 | 939 |
| 1,445 | 1,351 | 1,526 | 1,691 | 2,681 | 2,046 | 2,598 | 3,154 | |
| Total Assets | 2,120 | 2,766 | 2,948 | 3,385 | 4,945 | 5,934 | 6,148 | 7,260 |
| Total Debt | 220 | 293 | 397 | 515 | 725 | 862 | 964 | 963 |
| Net Working Capital | 511 | 38 | 82 | 100 | 7 | 237 | 627 | 1,120 |
| Contingent Liabilities | 2,720 | 1,600 | 925 | 1,216 | 1,240 | 1,472 | 768 | 875 |
| Book Value per Share | 59.43 | 61.27 | 62.04 | 65.85 | 72.04 | 86.95 | 106.72 | 139.44 |
| Face Value | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Total Debt | 220 | 293 | 397 | 515 | 725 | 862 | 964 | 963 |
| Net Working Capital | 511 | 38 | 82 | 100 | 7 | 237 | 627 | 1,120 |
| Contingent Liabilities | 2,720 | 1,600 | 925 | 1,216 | 1,240 | 1,472 | 768 | 875 |
| Book Value per Share | 59.43 | 61.27 | 62.04 | 65.85 | 72.04 | 86.95 | 106.72 | 139.44 |
| 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
- 203
- Trade Payables
- 431
- 465
- Total Liabilities
- 2,120
- 432
- Capital Work in Progress
- 5
- 1
- 154
- 0
- Cash & Bank
- 82
- 1,445
- Total Assets
- 2,120
- Total Debt
- 220
- Net Working Capital
- 511
- Contingent Liabilities
- 2,720
- Book Value per Share
- 59.43
- Face Value
- 1.00
- Total Debt
- 220
- Net Working Capital
- 511
- Contingent Liabilities
- 2,720
- Book Value per Share
- 59.43
- Face Value
- 1.00
Mar 2020
- Equity Capital
- 17
- 1,035
- 277
- Trade Payables
- 479
- 958
- Total Liabilities
- 2,766
- 534
- Capital Work in Progress
- 5
- 447
- 197
- 0
- Cash & Bank
- 233
- 1,351
- Total Assets
- 2,766
- Total Debt
- 293
- Net Working Capital
- 38
- Contingent Liabilities
- 1,600
- Book Value per Share
- 61.27
- Face Value
- 1.00
- Total Debt
- 293
- Net Working Capital
- 38
- Contingent Liabilities
- 1,600
- Book Value per Share
- 61.27
- Face Value
- 1.00
Mar 2021
- Equity Capital
- 17
- 1,049
- 310
- Trade Payables
- 537
- 1,035
- Total Liabilities
- 2,948
- 539
- Capital Work in Progress
- 53
- 410
- 271
- 0
- Cash & Bank
- 148
- 1,526
- Total Assets
- 2,948
- Total Debt
- 397
- Net Working Capital
- 82
- Contingent Liabilities
- 925
- Book Value per Share
- 62.04
- Face Value
- 1.00
- Total Debt
- 397
- Net Working Capital
- 82
- Contingent Liabilities
- 925
- Book Value per Share
- 62.04
- Face Value
- 1.00
Mar 2022
- Equity Capital
- 17
- 1,114
- 428
- Trade Payables
- 728
- 1,098
- Total Liabilities
- 3,385
- 604
- Capital Work in Progress
- 2
- 364
- 349
- 0
- Cash & Bank
- 375
- 1,691
- Total Assets
- 3,385
- Total Debt
- 515
- Net Working Capital
- 100
- Contingent Liabilities
- 1,216
- Book Value per Share
- 65.85
- Face Value
- 1.00
- Total Debt
- 515
- Net Working Capital
- 100
- Contingent Liabilities
- 1,216
- Book Value per Share
- 65.85
- Face Value
- 1.00
Mar 2023
- Equity Capital
- 17
- 1,220
- 556
- Trade Payables
- 1,209
- 1,942
- Total Liabilities
- 4,945
- 812
- Capital Work in Progress
- 117
- 222
- 568
- 0
- Cash & Bank
- 544
- 2,681
- Total Assets
- 4,945
- Total Debt
- 725
- Net Working Capital
- 7
- Contingent Liabilities
- 1,240
- Book Value per Share
- 72.04
- Face Value
- 1.00
- Total Debt
- 725
- Net Working Capital
- 7
- Contingent Liabilities
- 1,240
- Book Value per Share
- 72.04
- Face Value
- 1.00
Mar 2024
- Equity Capital
- 17
- 1,477
- 583
- Trade Payables
- 1,400
- 2,457
- Total Liabilities
- 5,934
- 1,057
- Capital Work in Progress
- 10
- 136
- 683
- 1,177
- Cash & Bank
- 824
- 2,046
- Total Assets
- 5,934
- Total Debt
- 862
- Net Working Capital
- 237
- Contingent Liabilities
- 1,472
- Book Value per Share
- 86.95
- Face Value
- 1.00
- Total Debt
- 862
- Net Working Capital
- 237
- Contingent Liabilities
- 1,472
- 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
- 2,378
- 809
- Trade Payables
- 2,155
- 1,901
- Total Liabilities
- 7,260
- 1,162
- Capital Work in Progress
- 22
- 0
- 751
- 1,233
- Cash & Bank
- 939
- 3,154
- Total Assets
- 7,260
- Total Debt
- 963
- Net Working Capital
- 1,120
- Contingent Liabilities
- 875
- Book Value per Share
- 139.44
- Face Value
- 1.00
- Total Debt
- 963
- Net Working Capital
- 1,120
- Contingent Liabilities
- 875
- Book Value per Share
- 139.44
- Face Value
- 1.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| 80 | 319 | 49 | 356 | 501 | 692 | 184 | 490 | |
| Cash from Investing | -98 | -159 | -109 | -113 | -437 | -379 | -234 | -150 |
| Cash from Financing | -22 | -38 | -47 | -34 | 31 | -120 | -218 | -243 |
| -40 | 121 | -107 | 209 | 95 | 193 | -268 | 98 | |
| Free Cash Flow | 80 | 144 | -82 | 257 | 97 | 392 | 51 | 366 |
| OCF / Net Profit | 0.98 | 7.38 | 3.09 | 5.17 | 4.03 | 2.53 | 0.49 | 0.83 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 | 810 | 716 | 1,164 |
| OCF / Net Profit | 0.98 | 7.38 | 3.09 | 5.17 | 4.03 | 2.53 | 0.49 | 0.83 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 | 810 | 716 | 1,164 |
Mar 2019
- 80
- Cash from Investing
- -98
- Cash from Financing
- -22
- -40
- Free Cash Flow
- 80
- OCF / Net Profit
- 0.98
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.98
- Cumulative 5-Year FCF
- 0
Mar 2020
- 319
- Cash from Investing
- -159
- Cash from Financing
- -38
- 121
- Free Cash Flow
- 144
- OCF / Net Profit
- 7.38
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 7.38
- Cumulative 5-Year FCF
- 0
Mar 2021
- 49
- Cash from Investing
- -109
- Cash from Financing
- -47
- -107
- Free Cash Flow
- -82
- OCF / Net Profit
- 3.09
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 3.09
- Cumulative 5-Year FCF
- 0
Mar 2022
- 356
- Cash from Investing
- -113
- Cash from Financing
- -34
- 209
- Free Cash Flow
- 257
- OCF / Net Profit
- 5.17
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 5.17
- Cumulative 5-Year FCF
- 0
Mar 2023
- 501
- Cash from Investing
- -437
- Cash from Financing
- 31
- 95
- Free Cash Flow
- 97
- OCF / Net Profit
- 4.03
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 4.03
- Cumulative 5-Year FCF
- 0
Mar 2024
- 692
- Cash from Investing
- -379
- Cash from Financing
- -120
- 193
- Free Cash Flow
- 392
- OCF / Net Profit
- 2.53
- Cumulative 5-Year FCF
- 810
- OCF / Net Profit
- 2.53
- Cumulative 5-Year FCF
- 810
Mar 2025
- 184
- Cash from Investing
- -234
- Cash from Financing
- -218
- -268
- Free Cash Flow
- 51
- OCF / Net Profit
- 0.49
- Cumulative 5-Year FCF
- 716
- OCF / Net Profit
- 0.49
- Cumulative 5-Year FCF
- 716
Mar 2026
- 490
- Cash from Investing
- -150
- Cash from Financing
- -243
- 98
- Free Cash Flow
- 366
- OCF / Net Profit
- 0.83
- Cumulative 5-Year FCF
- 1,164
- OCF / Net Profit
- 0.83
- Cumulative 5-Year FCF
- 1,164
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - |
| EPS (₹) | 4.77 | 2.51 | 0.92 | 4.01 | 7.23 | 15.93 | 21.70 | 34.56 |
| Book Value (₹) | 59.43 | 61.27 | 62.04 | 65.85 | 72.04 | 86.95 | 106.72 | 139.44 |
| Dividend per Share (₹) | 0.40 | 0.30 | 0.12 | 0.45 | 0.75 | 1.70 | 2.00 | 3.00 |
| Cash EPS (₹) | 8.82 | 7.10 | 5.74 | 9.53 | 13.53 | 27.81 | 33.02 | 44.21 |
| PROFITABILITY | - | - | - | - | - | - | - | - |
| Operating Margin % | 12.31% | 12.37% | 9.67% | 9.52% | 9.54% | 9.94% | 9.32% | 10.13% |
| Net Margin % | 3.58% | 2.02% | 0.71% | 2.12% | 2.66% | 3.63% | 4.03% | 5.95% |
| ROE % | 10.00% | 4.16% | 1.49% | 6.26% | 10.49% | 20.04% | 22.41% | 28.08% |
| ROCE % | 18.08% | 11.22% | 9.30% | 13.80% | 18.71% | 27.42% | 28.89% | 33.37% |
| 3.71% | 1.77% | 0.55% | 2.17% | 2.98% | 5.03% | 6.17% | 8.85% | |
| EFFICIENCY | - | - | - | - | - | - | - | - |
| Debtor Days | 45 | 68 | 78 | 60 | 64 | 54 | 43 | 41 |
| Inventory Days | 22 | 30 | 39 | 35 | 36 | 30 | 26 | 25 |
| Payable Days | 230 | 226 | 292 | 212 | 213 | 164 | 195 | 233 |
| -163 | -129 | -175 | -117 | -113 | -80 | -126 | -167 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.22x | 0.28x | 0.37x | 0.46x | 0.59x | 0.58x | 0.53x | 0.40x |
| Interest Coverage (x) | 2.73x | 1.58x | 1.17x | 1.62x | 2.10x | 2.75x | 3.15x | 4.78x |
| 1.49x | 1.03x | 1.05x | 1.05x | 1.00x | 1.06x | 1.16x | 1.25x | |
| GROWTH | - | - | - | - | - | - | - | - |
| Revenue Growth % | 22.18% | -6.39% | 3.10% | 47.15% | 43.86% | 61.33% | 22.59% | 7.97% |
| Operating Profit Growth % | -1.79% | -6.00% | -19.43% | 44.94% | 44.12% | 78.55% | 17.93% | 27.10% |
| Net Profit Growth % | 12.44% | -47.28% | -63.49% | 336.66% | 80.55% | 120.32% | 36.19% | 59.24% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 120.32% | 36.18% | 59.24% | |
| VALUATION | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 20.97x | 25.69x | 14.78x |
| 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 | 7.26x | 10.35x | 7.37x |
Mar 2019
- EPS (₹)
- 4.77
- Book Value (₹)
- 59.43
- Dividend per Share (₹)
- 0.40
- Cash EPS (₹)
- 8.82
- Operating Margin %
- 12.31%
- Net Margin %
- 3.58%
- ROE %
- 10.00%
- ROCE %
- 18.08%
- 3.71%
- Debtor Days
- 45
- Inventory Days
- 22
- Payable Days
- 230
- -163
- Debt to Equity (x)
- 0.22x
- Interest Coverage (x)
- 2.73x
- 1.49x
- Revenue Growth %
- 22.18%
- Operating Profit Growth %
- -1.79%
- Net Profit Growth %
- 12.44%
- 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 (₹)
- 7.10
- Operating Margin %
- 12.37%
- Net Margin %
- 2.02%
- ROE %
- 4.16%
- ROCE %
- 11.22%
- 1.77%
- Debtor Days
- 68
- Inventory Days
- 30
- Payable Days
- 226
- -129
- Debt to Equity (x)
- 0.28x
- Interest Coverage (x)
- 1.58x
- 1.03x
- Revenue Growth %
- -6.39%
- Operating Profit Growth %
- -6.00%
- Net Profit Growth %
- -47.28%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 0.92
- Book Value (₹)
- 62.04
- Dividend per Share (₹)
- 0.12
- Cash EPS (₹)
- 5.74
- Operating Margin %
- 9.67%
- Net Margin %
- 0.71%
- ROE %
- 1.49%
- ROCE %
- 9.30%
- 0.55%
- Debtor Days
- 78
- Inventory Days
- 39
- Payable Days
- 292
- -175
- Debt to Equity (x)
- 0.37x
- Interest Coverage (x)
- 1.17x
- 1.05x
- Revenue Growth %
- 3.10%
- Operating Profit Growth %
- -19.43%
- Net Profit Growth %
- -63.49%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 4.01
- Book Value (₹)
- 65.85
- Dividend per Share (₹)
- 0.45
- Cash EPS (₹)
- 9.53
- Operating Margin %
- 9.52%
- Net Margin %
- 2.12%
- ROE %
- 6.26%
- ROCE %
- 13.80%
- 2.17%
- Debtor Days
- 60
- Inventory Days
- 35
- Payable Days
- 212
- -117
- Debt to Equity (x)
- 0.46x
- Interest Coverage (x)
- 1.62x
- 1.05x
- Revenue Growth %
- 47.15%
- Operating Profit Growth %
- 44.94%
- Net Profit Growth %
- 336.66%
- 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 (₹)
- 13.53
- Operating Margin %
- 9.54%
- Net Margin %
- 2.66%
- ROE %
- 10.49%
- ROCE %
- 18.71%
- 2.98%
- Debtor Days
- 64
- Inventory Days
- 36
- Payable Days
- 213
- -113
- Debt to Equity (x)
- 0.59x
- Interest Coverage (x)
- 2.10x
- 1.00x
- Revenue Growth %
- 43.86%
- Operating Profit Growth %
- 44.12%
- Net Profit Growth %
- 80.55%
- 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 (₹)
- 27.81
- Operating Margin %
- 9.94%
- Net Margin %
- 3.63%
- ROE %
- 20.04%
- ROCE %
- 27.42%
- 5.03%
- Debtor Days
- 54
- Inventory Days
- 30
- Payable Days
- 164
- -80
- Debt to Equity (x)
- 0.58x
- Interest Coverage (x)
- 2.75x
- 1.06x
- Revenue Growth %
- 61.33%
- Operating Profit Growth %
- 78.55%
- Net Profit Growth %
- 120.32%
- 120.32%
- P/E (x)
- 20.97x
- P/B (x)
- 3.84x
- Dividend Yield %
- 0.51%
- 7.26x
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%
- 6.17%
- Debtor Days
- 43
- Inventory Days
- 26
- Payable Days
- 195
- -126
- Debt to Equity (x)
- 0.53x
- Interest Coverage (x)
- 3.15x
- 1.16x
- Revenue Growth %
- 22.59%
- Operating Profit Growth %
- 17.93%
- Net Profit Growth %
- 36.19%
- 36.18%
- P/E (x)
- 25.69x
- P/B (x)
- 5.22x
- Dividend Yield %
- 0.36%
- 10.35x
Mar 2026
- EPS (₹)
- 34.56
- Book Value (₹)
- 139.44
- Dividend per Share (₹)
- 3.00
- Cash EPS (₹)
- 44.21
- Operating Margin %
- 10.13%
- Net Margin %
- 5.95%
- ROE %
- 28.08%
- ROCE %
- 33.37%
- 8.85%
- Debtor Days
- 41
- Inventory Days
- 25
- Payable Days
- 233
- -167
- Debt to Equity (x)
- 0.40x
- Interest Coverage (x)
- 4.78x
- 1.25x
- Revenue Growth %
- 7.97%
- Operating Profit Growth %
- 27.10%
- Net Profit Growth %
- 59.24%
- 59.24%
- P/E (x)
- 14.78x
- P/B (x)
- 3.66x
- Dividend Yield %
- 0.59%
- 7.37x
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