# CEMPRO (CEMPRO) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/cempro

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹1,258
- Change: +0.23%
- As of: 2026-09-18
- 1D return: +0.67%
- 5D return: +0.93%
- 1M return: -0.82%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, the stock is trading at ₹1263.5, with a daily technical stance indicating a potential shift from a bearish trend. While the daily timeframe shows the price below key moving averages like the 20-day EMA (₹1266.78) and 50-day EMA (₹1347.73), and the Supertrend indicator is bearish at ₹1373.44, the monthly timeframe presents a bullish Supertrend at ₹884.26, suggesting a longer-term positive outlook. The weekly timeframe, however, shows a bearish Supertrend at ₹1616.18, indicating overhead resistance. Recent activity includes a moderate upward price and volume anomaly on September 16, 2026, and a high-severity wide intraday range on September 15, 2026. The stock is currently positioned within its trading range, with the nearest support identified at ₹1249.57 (1.1% below current price) and resistance at ₹1266.0 (0.2% above current price). The annualized volatility stands at 53%, with a current drawdown of -23%.

- Daily trend shows price below 20-day EMA (₹1266.78) and 50-day EMA (₹1347.73), with a bearish Supertrend (₹1373.44).
- Monthly trend shows a bullish Supertrend (₹884.26), contrasting with the daily and weekly timeframes.
- Nearest support is at ₹1249.57, and nearest resistance is at ₹1266.0.
- Annualized volatility is 53%, and the current drawdown is -23%.
- Watch for a sustained move above the ₹1266.0 resistance level or a break below the ₹1249.57 support level for potential trend confirmation.

- Inside Bar
- Doji
- Outside Bar
- Bearish Engulfing Reversal

### News Context

Cemindia Projects Limited (formerly ITD Cementation India Limited) has been active in investor engagement, with multiple announcements regarding upcoming meetings. The company is scheduled to participate in an institutional investor group meeting with Anand Rathi in Mumbai on September 21, 2026. This follows a similar institutional investors' meet organized by Elara Capital on September 1, 2026. An investor presentation was made available on the company's website and uploaded to stock exchanges on August 20, 2026. In a separate development, CARE Ratings Limited revised the company's credit ratings on September 3, 2026. The long-term term loan and long-term cash credit ratings were upgraded to CARE AA- with a stable outlook, and the commercial paper rating was upgraded from CARE A1 to CARE A1+. The ratings for BG/LC (LT/ST) were also revised to CARE AA-; Stable / CARE A1+.

- Cemindia Projects Limited will hold an institutional investor group meeting with Anand Rathi on September 21, 2026, in Mumbai.
- The company previously held an Institutional Investors Meet on September 1, 2026, organized by Elara Capital.
- An investor presentation was uploaded to stock exchanges and the company website on August 20, 2026.
- On September 3, 2026, CARE Ratings Limited upgraded the company's long-term term loan and cash credit ratings to CARE AA- (Stable) and commercial paper rating to CARE A1+.

- Cemindia Projects Limited (formerly ITD Cementation India Limited) has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- Cemindia Projects Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Cemindia Projects Limited has informed the Exchange about Credit Rating- Revision |SUBJECT: Credit Rating- Revision
- Cemindia Projects Limited has informed the Exchange about Credit Rating- Revision by CARE Ratings Limited |SUBJECT: Credit Rating- Revision
- Cemindia Projects Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates

### What Changed

As of September 18, 2026, Cemindia Projects (CEMPRO) on the NSE has experienced a slight increase in its stock price, moving from ₹1255.1 to ₹1263.5. This change occurred between the observation date of the previous price and the current observation date. No new filings or news developments were reported for the company during this period. The company's profile and exchange listing remain unchanged.

- The stock price for Cemindia Projects (CEMPRO) increased from ₹1255.1 to ₹1263.5 between the previous observation and September 18, 2026.
- No new filings were reported for Cemindia Projects as of September 18, 2026.
- No new news developments were reported for Cemindia Projects as of September 18, 2026.
- Cemindia Projects is listed on the NSE.

### Official Filings

Cemindia Projects Limited has been actively engaging with investors and analysts, with multiple meetings scheduled and conducted in August and September 2026. These engagements included sessions organized by Elara Capital on September 1, 2026, and Anand Rathi on September 21, 2026. Prior to these, the company held meetings in Singapore and Hong Kong on August 25 and 26, 2026, organized by ICICI Securities and IIFL Capital Services, respectively. An investor presentation was made available on August 20, 2026, detailing a record order book of ₹31,307 crore as of Q1 FY27, revenue of ₹10,061 crore for Q1 FY27, and a net worth of ₹2,400 crore as of June 30, 2026. Additionally, on September 3, 2026, the company announced a revision in its credit ratings by CARE Ratings Limited. The company's Long-term Term Loan and Long-term Cash Credit were upgraded to CARE AA- with a Stable outlook, and its Commercial Paper rating was upgraded from CARE A1 to CARE A1+. Ratings for Bank Guarantees/Letters of Credit (Long-term/Short-term) were revised to CARE AA-; Stable / CARE A1+.

- Investor and analyst meetings were scheduled and held in August and September 2026, with organizers including Elara Capital, Anand Rathi, ICICI Securities, and IIFL Capital Services.
- An investor presentation released on August 20, 2026, reported a record order book of ₹31,307 crore as of Q1 FY27.
- Revenue for Q1 FY27 was reported as ₹10,061 crore.
- Net worth as of June 30, 2026, was ₹2,400 crore.
- On September 3, 2026, CARE Ratings Limited upgraded the company's Long-term Term Loan and Long-term Cash Credit to CARE AA- (Stable outlook) and its Commercial Paper to CARE A1+.

- Cemindia Projects Limited (formerly ITD Cementation India Limited) has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- Cemindia Projects Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Cemindia Projects Limited has informed the Exchange about Credit Rating- Revision |SUBJECT: Credit Rating- Revision
- Cemindia Projects Limited has informed the Exchange about Credit Rating- Revision by CARE Ratings Limited |SUBJECT: Credit Rating- Revision
- Cemindia Projects Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Cemindia Projects Limited (formerly ITD Cementation India Limited) has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- Cemindia Projects Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Cemindia Projects Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation
- Cemindia Projects Limited (formerly ITD Cementation India Limited) has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL

### Fundamentals

Cemindia Projects has shown a significant increase in its operating performance, with sales growing from ₹7,718 crore in FY2024 to a projected ₹10,061 crore by FY2026. This top-line growth has been accompanied by a substantial rise in operating profit, which is expected to increase from ₹745 crore in FY2024 to ₹1,016 crore by FY2026. The operating profit margin (OPM) has shown resilience, fluctuating between 8% and 10% over the historical and projected periods. Net profit has also seen a strong upward trend, projected to grow from ₹274 crore in FY2024 to ₹598 crore by FY2026, with Earnings Per Share (EPS) expected to rise from ₹15.93 in FY2024 to ₹34.79 by FY2026.

Financially, the company's borrowings have increased from ₹560 crore in March 2022 to ₹889 crore in March 2024, with a further projection to ₹1,001 crore by March 2026. This increase in debt is occurring alongside a growing equity base, with reserves increasing from ₹1,114 crore in March 2022 to ₹1,477 crore in March 2024, and projected to reach ₹2,382 crore by March 2026. The company's cash flow from operations has been robust, reaching ₹704 crore in FY2024, though it is projected to decrease to ₹184 crore in FY2025 before recovering to ₹500 crore in FY2026. Free cash flow has also been volatile, with ₹369 crore in FY2024, a projected dip to ₹12 crore in FY2025, and a recovery to ₹274 crore in FY2026. The company's cash conversion cycle has been negative, indicating efficient working capital management, with a projected cycle of -110 days by March 2026.

Key areas to monitor include the company's ability to sustain its operating profit margins amidst rising expenses and interest costs, which are projected to increase from ₹218 crore in FY2024 to ₹215 crore by FY2026. The trend in cash flow from operations and free cash flow will be crucial to observe, particularly the projected dip in FY2025. Additionally, the increasing debt levels alongside equity growth warrant attention regarding the company's leverage and financial resilience.

- Sales are projected to grow from ₹7,718 crore in FY2024 to ₹10,061 crore in FY2026.
- Operating Profit is expected to increase from ₹745 crore in FY2024 to ₹1,016 crore in FY2026.
- Net Profit is projected to rise from ₹274 crore in FY2024 to ₹598 crore in FY2026, with EPS increasing from ₹15.93 to ₹34.79.
- Borrowings have increased from ₹560 crore in March 2022 to a projected ₹1,001 crore by March 2026.
- Cash flow from operations was ₹704 crore in FY2024, with a projected decrease to ₹184 crore in FY2025 before recovering to ₹500 crore in FY2026.

### Bull Case

Cemindia Projects (NSE) has demonstrated significant improvements in its cash flow generation and profit growth over the last five years. The company has shifted from negative cash flow from operations in the fiscal year ending March 2019 (-₹134.0) to a substantial positive ₹447.0 in March 2020. This operational turnaround is further reflected in a positive Free Cash Flow of ₹354.0 for March 2020, a marked improvement from a negative ₹259.0 in the prior year. The company's compounded profit growth over five years stands at 112%, with a TTM (Trailing Twelve Months) growth of 47%, indicating a strong earnings trajectory. Additionally, compounded sales growth over five years is 30%, with TTM growth at 9%. The balance sheet shows an increase in Fixed Assets from ₹529 in March 2019 to ₹624 in March 2020, alongside a significant rise in Investments from ₹1 in March 2019 to ₹255 in March 2020. Reserves have also grown from ₹1004 in March 2019 to ₹1035 in March 2020.

- Cash flow from operating activities improved from -₹134.0 in March 2019 to ₹447.0 in March 2020.
- Free Cash Flow turned positive, increasing from -₹259.0 in March 2019 to ₹354.0 in March 2020.
- Compounded profit growth over 5 years was 112%, and TTM profit growth was 47%.
- Compounded sales growth over 5 years was 30%, and TTM sales growth was 9%.
- Investments increased significantly from ₹1 in March 2019 to ₹255 in March 2020.

### Bear Case

Cemindia Projects faces several cautionary signals based on its financial performance and market indicators. The company's balance sheet shows a significant increase in "Other Liabilities" from ₹1,044 crore in March 2019 to ₹1,533 crore in March 2020. Concurrently, "Investments" saw a substantial rise from ₹1 crore to ₹255 crore over the same period, while "CWIP" decreased. Operationally, the company experienced a negative cash flow from operations in March 2019 (₹-134 crore), although this improved to ₹447 crore in March 2020. The "Cash from Financing Activity" also shifted from a positive ₹244 crore in March 2019 to a negative ₹212 crore in March 2020. From a technical standpoint, the daily trend analysis indicates a "bearish" Supertrend direction with key moving averages like the 20-day EMA and 50-day SMA showing downward slopes, suggesting potential short-term weakness. The weekly trend also shows a "bearish" Supertrend direction, despite a positive monthly Supertrend.

- "Other Liabilities" increased by approximately 47% from ₹1,044 crore in March 2019 to ₹1,533 crore in March 2020.
- "Investments" grew significantly from ₹1 crore in March 2019 to ₹255 crore in March 2020.
- Cash flow from financing activities turned negative, decreasing from ₹244 crore in March 2019 to ₹-212 crore in March 2020.
- The daily technical trend indicates a "bearish" Supertrend, with downward slopes observed in the 20-day and 50-day Exponential Moving Averages.

### FAQs

**How has Cemindia Projects Limited's financial position changed between March 2019 and March 2020?**

Between March 2019 and March 2020, Cemindia Projects Limited's total assets increased from ₹2,597 crore to ₹3,125 crore. This growth was accompanied by an increase in total liabilities from ₹2,597 crore to ₹3,125 crore. Key balance sheet changes included a rise in Fixed Assets from ₹529 crore to ₹624 crore, and a significant increase in Investments from ₹1 crore to ₹255 crore. Borrowings also saw a slight increase from ₹532 crore to ₹539 crore, while Equity Capital remained stable at ₹17 crore and Reserves grew from ₹1,004 crore to ₹1,035 crore.

**What has been the trend in Cemindia Projects Limited's cash flow from operations and free cash flow?**

Cemindia Projects Limited's cash flow from operating activities improved significantly, moving from a negative ₹134 crore in March 2019 to a positive ₹447 crore in March 2020. Consequently, Free Cash Flow also shifted from a negative ₹259 crore in March 2019 to a positive ₹354 crore in March 2020. The company's Cash from Financing Activity decreased from ₹244 crore in March 2019 to a negative ₹212 crore in March 2020.

**What is the recent credit rating update for Cemindia Projects Limited?**

On September 3, 2026, Cemindia Projects Limited announced that CARE Ratings Limited revised its credit ratings. The Long-term Term Loan and Long-term Cash Credit ratings were upgraded to CARE AA- with a Stable outlook. The rating for Commercial Paper was upgraded from CARE A1 to CARE A1+. Additionally, the BG/LC (LT/ST) ratings were revised to CARE AA-; Stable / CARE A1+.

**What are the recent investor engagement activities for Cemindia Projects Limited?**

Cemindia Projects Limited has scheduled investor meetings in September 2026. On September 21, 2026, the company is set to hold an institutional investor group meeting with Anand Rathi in Mumbai. Previously, on August 25, 2026, the company informed about an Institutional Investors Meet organized by Elara Capital in Mumbai scheduled for September 1, 2026. Investor presentations were uploaded to the stock exchanges on August 20, 2026.

**What is the current technical trend for Cemindia Projects Limited based on daily and weekly indicators?**

As of September 18, 2026, the daily technical trend for Cemindia Projects Limited indicates a bearish SuperTrend direction at ₹1373.44, with the closing price at ₹1263.5. However, the weekly trend shows a bullish SuperTrend direction at ₹884.26. On a daily basis, the ADX (14) is 16.98, suggesting a weaker trend, while the weekly ADX (14) is higher at 35.88, indicating a stronger trend.

- Cemindia Projects Limited (formerly ITD Cementation India Limited) has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- Cemindia Projects Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Cemindia Projects Limited has informed the Exchange about Credit Rating- Revision |SUBJECT: Credit Rating- Revision
- Cemindia Projects Limited has informed the Exchange about Credit Rating- Revision by CARE Ratings Limited |SUBJECT: Credit Rating- Revision
- Cemindia Projects Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
## Technical analytics

- As of: 2026-09-18
- Daily trend: Weak Uptrend
- Weekly trend: Moderate Uptrend
- Pivot point: ₹1,249.57
- Risk regime: Price Risk Requires Attention

### Support levels
- 1266
- 1201.1
- 1153.8

### Resistance levels
- 1293.8
- 1359.35
- 1597.4

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +0.67% |
| return_10 | -2.58% |
| return_1m | -4.57% |
| return_1y | +54.36% |
| return_20 | -0.82% |
| return_3m | +5.96% |
| return_5 | +0.93% |
| return_6m | +129.92% |
| return_since_start | +52.97% |
| return_ytd | +63.97% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | elevated_risk |
| label | Price risk requires attention |
| summary | Recent drawdown or price variability is high enough to warrant closer monitoring. |
| maximum_drawdown | -40.92% |
| annualized_volatility | +53.10% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Sequential Profit Decline Follows Record March Quarter; Tax Rate Limits Year-on-Year Gain

CEMPRO’s revenue for the June 2026 quarter was ₹2,720.92 crore, down 8.5% from the March quarter but 7% higher than a year earlier. Profit before exceptional items and tax fell 45% sequentially to ₹192.37 crore, while net profit fell 42% to ₹140.83 crore. The drop from the prior quarter’s record levels brought margins back toward the range seen in the first three quarters of the previous year. Year-on-year growth at the pre‑tax level was partly offset by a higher effective tax rate, leaving net profit up only 2.6%.

## Revenue Trends

Revenue declined ₹252.57 crore from the March quarter’s ₹2,973.49 crore, which was the highest in the available series, to ₹2,720.92 crore. The current figure remains the second‑highest across the period. The 8.5% sequential drop falls within the pattern of quarterly fluctuations observed over the past year. Compared to the same quarter last year (₹2,542.37 crore), revenue grew by ₹178.56 crore, or 7.0%.

## Profitability

Pre‑tax profit (before exceptional items) contracted from ₹350.25 crore in Q4 to ₹192.37 crore, a decline of 45.1%. Net profit fell from ₹242.17 crore to ₹140.83 crore, down 41.8%. The drop in profitability was steeper than the revenue decline, causing the pre‑tax margin to fall from 11.8% to 7.1%. The prior quarter’s margin had been the highest in the series; the current 7.1% is closer to the 6.2% recorded in Q1 last year and the 6–7% range seen in Q2 and Q3 of the previous fiscal year.

Compared to the June quarter a year ago, pre‑tax profit rose 23%, but net profit increased only 2.6% because of a higher tax charge.

## Tax and Finance Costs

Finance costs eased to ₹49.98 crore from ₹61.08 crore in the March quarter, an 18.2% decline that partly supported profit. Year on year, finance costs were almost unchanged (₹49.85 crore).

Tax expense fell from ₹108.08 crore in Q4 to ₹51.54 crore, but the effective tax rate on pre‑tax profit rose from 16.8% a year earlier to 26.8% in the current quarter. The higher tax rate meant that pre‑tax profit growth of 23% translated into only a 2.6% increase in net profit.

## Earnings Per Share

Basic and diluted earnings per share were ₹8.20, compared with ₹14.10 in the March quarter and ₹7.99 in the same quarter last year. The sequential decline mirrors the 42% fall in net profit, while the year‑on‑year increase matches the 2.6% net profit rise.

## Key Takeaway

The June quarter saw a significant pullback in profitability from the record March quarter, with margins returning closer to the levels that prevailed in the first three quarters of the previous fiscal year. Revenue grew year on year, but the higher effective tax rate limited net profit growth to a modest increase. The quarterly variation in revenue and profitability is evident in the data, with the March quarter representing an outlier in both top‑line and margin performance.

### Ratios

## Official filings

- 2026-09-16 — Generic Announcement: Cemindia Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_1692_WebXMLFile_20260916_155322443.xml)
- 2026-09-16 — Generic Announcement: Cemindia Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ITD_16092026155121_STK_ltr_Institutional_Investors_SIGNED.pdf)
- 2026-09-03 — Credit Rating Update: Cemindia Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ITD_03092026200038_STK_ltr_Creditrating_ICRA.pdf)
- 2026-09-03 — Credit Rating Update: Cemindia Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ITD_03092026194741_STK_ltr_Creditrating_CARE.pdf)
- 2026-08-25 — Generic Announcement: Cemindia Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/Cemindia_25082026115940_STK_ltr_Institutional_Investors_Signed.pdf)
- 2026-08-25 — Generic Announcement: Cemindia Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_1692_WebXMLFile_20260825_120137098.xml)
- 2026-08-20 — Generic Announcement: Cemindia Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/Cemindia_20082026150403_STK_ltr_Institutional_Investors_upload_SIGNED.pdf)
- 2026-08-20 — Earnings Presentation: Cemindia Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/Cemindia_20082026150657_STK_ltr_Institutional_Investors_upload_SIGNED.pdf)
- 2026-08-20 — Generic Announcement: Cemindia Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_1692_WebXMLFile_20260820_152010983.xml)
- 2026-08-20 — Generic Announcement: Cemindia Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/Cemindia_20082026150519_STK_ltr_Institutional_Investors_upload_SIGNED.pdf)
- 2026-08-17 — Generic Announcement: Cemindia Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/Cemindia_17082026170312_Proceeding_EOGM_2026_1_Signed.pdf)
- 2026-08-17 — Generic Announcement: Cemindia Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/Cemindia_17082026171647_SE_intimation_EOGM_2026_Signed.pdf)
- 2026-08-13 — Generic Announcement: Cemindia Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/Cemindia_13082026153508_st_exch_intim_SIGNED.pdf)
- 2026-08-10 — Litigation Disclosure: Cemindia Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_PARA_B_1692_WebXMLFile_20260810_111619719.xml)
- 2026-08-08 — Generic Announcement: Cemindia Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/AIATOP_1692_WebXMLFile_20260808_164029879.xml)
- 2026-08-08 — Litigation Disclosure: Cemindia Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ITD_08082026140104_SE_Intimation_Vijaywada_APHC_development.pdf)
- 2026-08-08 — Litigation Disclosure: Cemindia Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ITD_08082026142357_SE_Intimation_Vijaywada_APHC_development.pdf)
- 2026-08-08 — Official Filing: Cemindia Projects Limited received a demand order on August 7, 2026, from the Assistant Commissioner, Ahmedabad, Gujarat, under Section 74 of the Central Goods and Services Tax Act, 2017. The order pertains to a mismatch in Input Tax Credit (ITC) claimed for FY 2020-21, levying a total tax and penalty of Rs. 1.24 Crore each. The company plans to appeal the order and does not anticipate a material financial impact.
- 2026-08-04 — Official Filing: Cemindia Projects Limited will hold an Institutional Investor Meet on August 13, 2026, at 10:00 AM in Mumbai. The in-person group meeting with Equirus Securities' Research Analyst Jainam Shah is part of an investor conference. Jainam Shah can be contacted at 8758759924 or jainam.shah@equirus.com.
- 2026-08-04 — Generic Announcement: Cemindia Projects Limited will hold an Institutional Investors Meet on August 13, 2026, organized by Equirus Securities as part of the "Equirus India Growth Summit 2026" in Mumbai. The company will use its Q1 2027 investor presentation, previously disclosed on July 28, 2026, and no unpublished price-sensitive information will be shared. The date is subject to change due to exigencies. — [Official attachment](https://nsearchives.nseindia.com/corporate/Cemindia_04082026163818_STK_ltr_Institutional_Investors_1_final_Signed.pdf)
- 2026-08-04 — Official Filing: Cemindia Projects Limited (formerly ITD Cementation India Limited) has disclosed the transcripts of its earnings call for the quarter ending in August 2026. The call took place on July 29, 2026, and the transcripts were uploaded to the company's website on August 4, 2026.
- 2026-08-04 — Official Filing: Cemindia Projects Limited has disclosed an audio recording of an earnings call held on July 29, 2026, which concluded at 13:10:00. The recording was uploaded to the company's website on July 29, 2026, at 16:14:00 and is available via a provided weblink. Prior intimation of this earnings call was given to the exchange on July 16, 2026.
- 2026-08-04 — Generic Announcement: Cemindia Projects Limited (formerly ITD Cementation India Limited) reported its Q1 FY27 unaudited financial results, with operating income increasing 6% year-on-year to Rs. 2,721 crores. EBITDA grew 9% to Rs. 285 crores, and Profit After Tax rose 3% to Rs. 141 crores. The company secured Rs. 8,519 crores in new orders during Q1 FY27, contributing to a total order book of approximately Rs. 10,756 crores including July orders and L1 projects. The company is also planning a QIP of up to Rs. 5,000 crores to fund future growth and potential capital expenditures. — [Official attachment](https://nsearchives.nseindia.com/corporate/Cemindia_04082026163315_STK_ltr_transcript_Signed.pdf)
- 2026-08-03 — Litigation Disclosure: Cemindia Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_PARA_B_1692_WebXMLFile_20260803_155435183.xml)
- 2026-08-02 — Litigation Disclosure: An Arbitral Tribunal has published an award on August 1, 2026, concerning a contract entered into on January 14, 2013, between the ITD ITD Cem Joint Venture (49% owned by Cemindia Projects Limited) and Delhi Metro Rail Corporation Limited (DMRCL). The JV was awarded Rs 212.54 Crore plus GST and Rs 0.87 Crore as costs, plus post-award interest, against its claim of Rs 322.22 Crore. DMRCL's counter-claim of Rs 22.19 Crore was entirely rejected. — [Official attachment](https://nsearchives.nseindia.com/corporate/ITD_02082026153646_SE_Intimation_Award_DMRC_Rev2.pdf)

## News and market events

- 2026-09-08 — Mint: **Stock market today: Trade guide for Sensex, Nifty 50, crude oil to gold | eight stocks to buy** — Stock market today: Indian stock market indices Sensex and Nifty 50 are set for a lower open on 8 September amid mixed global cues. Nifty 50 closed below 23,800, signaling bearish momentum, while elevated crude oil prices and geopolitical tensions raise concerns over inflation and market sentiment. — [Source](https://www.livemint.com/market/stock-market-news/stock-market-today-trade-guide-for-sensex-nifty-50-crude-oil-to-gold-eight-stocks-to-buy-11788828251128.html)
- 2026-08-27 — Economic Times: **These 19 Indian stocks turned into tenbaggers in 5 years: Peter Lynch’s rules to find the next** — Over the last five years, various Indian stocks have reached extraordinary tenbagger returns, including remarkable surges in GE Vernova T&D and BSE shares, which soared by over two thousand percent. Other notable firms like Apar Industries and Zen Technologies also reported impressive growth. Noted investor Peter Lynch suggests that understanding your investments and maintaining them for the long haul can yield fruitful results. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/these-19-stocks-turned-into-tenbaggers-in-5-years-peter-lynchs-rules-to-find-the-next/articleshow/133556335.cms)
- 2026-08-26 — Economic Times: **Adani’s Cemindia is said to near up to $524 million share sale** — Adani Group-backed Cemindia Projects, formerly known as ITD Cementation India, is preparing to launch a qualified institutional placement (QIP) to raise up to Rs 5,000 crore. The company has appointed ICICI Securities and SBI Capital Markets as advisers and has been meeting institutional investors ahead of the potential share sale. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/adanis-cemindia-is-said-to-near-up-to-524-million-share-sale/articleshow/133536591.cms)
- 2026-08-22 — NEWS.WEBINDIA123.COM: **NICMAR University Organises 10th ICCRIP 2026, Puts Sustainable Cities and Stronger Project Delivery at the Centre of India's Infrastructure Conversation** — NewsVoir — [Source](https://news.webindia123.com/news/articles/business/20260822/4489625.html)
- 2026-08-17 — CNBC-TV18: **Sensex Today | Stock Market LIVE Updates: Nifty falls to day's low; Belrise down over 7%** — Stock Market Live Updates: The markets are under pressure, as indices trade lower at the beginning of a new week. The Nifty is down nearly 80 points, falling below the 24,300 mark. Infosys, Tata Motors PV and HCLtech are top losers. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-nifty-50-today-reliance-hdfc-bank-cochin-nmdc-voltas-gmr-jupiter-share-price-liveblog-19970547.htm)
- 2026-07-29 — The Hindu: **Stock Market Today Live: Stock to buy today: LTM** — Sensex Today, Nifty 50 | Stock Market Live Updates: Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 29th July 2026. — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-live-updates-29-july-2026/article71276758.ece)

## Business profile

**Strategic vision:** Indian civil engineering and construction company for infrastructure sectors.

### Business segments
- **Maritime Structures:** The company constructs jetties, berths, wharfs, quays, ship repair facilities, breakwaters, and undertakes dredging, land reclamation, and coastal erosion protection.
- **Mass Rapid Transit Systems:** Cemindia is involved in the development of urban infrastructure, including civil and building structures for MRT systems like tunnels, underground stations, and track installation.
- **Highways, Bridges & Flyovers:** The company constructs flyovers, underpasses, and river bridges, employing specialized foundation techniques for road projects.
- **Hydroelectric Power, Dams & Irrigation:** Cemindia undertakes construction of pumping stations, power houses, tunnels, dams, and irrigation canal structures for hydroelectric power and irrigation needs.
- **Foundation & Specialist Engineering:** This segment includes geotechnical investigations, various piling types, diaphragm walling, ground improvement, drilling, grouting, anchors, and rehabilitation work.
- **Water & Waste Water:** The company lays water and sewer pipelines using micro-tunneling and pipe jacking, and offers construction and operation of Water and Waste Water Treatment Plants.
- **Industrial Structures:** Cemindia undertakes civil works for large-scale industrial projects in sectors such as refinery, petrochemical, power, steel, and fertilizer plants.
- **Data Centers:** The company is involved in developing data centers to deliver integrated solutions tailored to critical sectors.

### Competitive strengths
- Long-standing expertise in civil and ground engineering.
- Experience in delivering complex infrastructure projects for public and private clients.
- Comprehensive range of services across diverse infrastructure segments.

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## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/cempro
Markdown representation: https://faxioms.com/stocks/cempro?render=md