Cemindia Projects Ltd.

NSE: CEMPRO · Construction

₹1,323.30+2.79%06 Nov 2026

Ask the data

Instant answers about Cemindia Projects Ltd. — computed from its filings, no language model

Market cap₹22,734 cr

Current price₹1,323.30

High / Low₹1,640 / ₹510

P/E47.0

P/B8.68

Book value₹152.5

ROE18.5%

ROCE31.2%

Debt / equity0.34

Dividend yield0.15%

EPS (TTM)₹28.15

Face value₹1

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 7 periods

	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	2,861	2,728	3,809	5,091	7,718	9,097	10,061
EBITDA	296	213	293	400	745	869	1,022
Operating margin	10.3%	7.8%	7.7%	7.9%	9.7%	9.5%	10.2%
Interest	130	138	142	165	218	229	215
Depreciation	96	100	103	114	208	192	166
Profit before tax	32	-13	61	150	367	504	818
Tax	16	4	24	59	109	130	220
Net profit	43	16	69	124	274	373	598
EPS ₹	2.51	0.92	4.01	7.23	15.93	21.70	34.79
Operating cash flow	—	—	339	471	704	203	500
Capex	—	—	111	418	356	228	264
Dividend paid	—	—	2	8	13	29	34
Total assets	3,127	3,192	3,616	5,017	5,917	6,505	7,086
Equity	1,053	1,066	1,131	1,238	1,494	1,833	2,400

Quarterly performance

last 33 quarters · ₹ crore

showing latest 8 of 33 periods

	MAR '18	JUN '18	SEP '18	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Revenue	655	653	620	705	709	707	740	399	553	792	984	826	811	998	1,174	1,098	1,035	1,327	1,631	1,833	1,610	2,017	2,258	2,381	1,991	2,245	2,480	2,542	2,175	2,315	2,973	2,721	2,749
Operating profit	61	86	78	74	73	64	84	30	-1	71	114	78	50	81	84	90	60	104	147	162	158	205	221	221	182	206	259	233	203	222	358	275	268
Operating margin	9.3%	13.2%	12.6%	10.6%	10.3%	9.1%	11.4%	7.4%	-0.3%	9.0%	11.6%	9.5%	6.2%	8.1%	7.1%	8.2%	5.8%	7.8%	9.0%	8.8%	9.8%	10.2%	9.8%	9.3%	9.1%	9.2%	10.5%	9.2%	9.3%	9.6%	12.0%	10.1%	9.7%
Other income	8	6	6	2	1	1	1	4	2	1	6	2	4	3	3	9	12	1	7	9	6	12	21	16	22	8	10	15	39	23	92	10	12
Interest	23	22	24	31	32	33	35	33	33	34	38	36	36	34	36	35	39	40	51	51	52	58	57	53	57	57	62	50	53	50	61	50	58
Depreciation	15	19	16	23	24	24	25	24	27	25	24	24	27	27	26	25	28	30	31	45	53	56	54	49	47	45	51	41	43	43	39	43	42
Profit before tax	32	51	44	22	19	8	-17	-24	-59	13	58	21	-9	23	25	38	5	35	72	74	60	103	130	135	100	112	157	156	146	152	350	192	180
Tax	4	18	16	11	2	4	-1	-6	-5	4	11	7	-4	6	15	11	10	10	28	26	14	27	41	35	28	25	42	26	39	41	108	52	49
Net profit	27	29	27	17	22	10	-5	-17	-50	30	53	18	15	20	16	30	20	37	38	52	54	78	90	100	72	87	114	137	108	111	242	0	131
EPS ₹	1.61	1.67	1.59	0.97	1.26	0.60	-0.32	-0.99	-2.90	1.75	3.06	1.04	0.87	1.14	0.95	1.75	1.15	2.13	2.20	3.04	3.12	4.56	5.21	5.83	4.19	5.07	6.61	7.99	6.27	6.45	14.10	8.20	7.60
Revenue YoY	—	—	—	7.9%	14.3%	—	—	-43.3%	-22.1%	11.9%	33.0%	106.7%	46.8%	26.1%	19.3%	33.0%	27.5%	32.9%	39.0%	66.9%	55.6%	52.0%	38.4%	30.0%	23.6%	11.3%	9.8%	6.8%	9.3%	3.1%	19.9%	7.0%	26.3%
Profit YoY	—	—	—	-41.8%	-20.5%	—	—	-201.9%	-329.5%	191.9%	—	—	—	-34.5%	-68.8%	68.0%	32.7%	85.9%	130.7%	73.7%	171.5%	114.6%	136.9%	91.9%	34.4%	11.0%	26.9%	37.0%	49.4%	27.4%	113.3%	-100.0%	21.3%

Earlier results (standalone, Sep '07 – Dec '17)

₹ crore · from BSE, before the NSE XBRL filings begin

Cemindia Projects Ltd. reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

	Dec '11†	Dec '12†	Dec '13†	Dec '14†	Dec '15†	Dec '16†	Dec '17†
Revenue	1,303	1,300	1,257	1,369	2,744	2,872	1,873
Operating profit	142	158	136	74	158	196	253
Operating margin	10.9%	12.1%	10.8%	5.4%	5.8%	6.8%	13.5%
Other income	7	9	19	7	17	20	34
Interest	93	103	112	120	115	89	86
Depreciation	34	36	34	29	25	32	55
Profit before tax	22	27	9	28	-89	94	124
Tax	-1	5	0	9	-29	46	52
Net profit	23	22	9	19	-59	48	73

Quarters

showing latest 8 of 39 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	MAR '09†	JUN '09†	SEP '09†	MAR '10†	JUN '10†	SEP '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†
Revenue	193	227	265	232	199	286	241	207	269	259	250	346	340	294	323	384	332	271	313	355	334	302	266	304	337	311	418	498	647	608	990	950	808	439	675	518	473	414	467
Operating profit	15	18	12	6	14	22	24	24	31	29	23	29	37	35	41	49	41	34	33	35	39	31	30	21	28	8	18	24	40	35	59	65	46	37	48	59	56	61	76
Operating margin	7.5%	7.8%	4.7%	2.6%	6.9%	7.6%	9.9%	11.5%	11.6%	11.1%	9.1%	8.3%	10.8%	12.0%	12.6%	12.9%	12.3%	12.7%	10.5%	9.8%	11.7%	10.4%	11.4%	6.8%	8.4%	2.4%	4.4%	4.9%	6.1%	5.8%	6.0%	6.9%	5.7%	8.5%	7.0%	11.4%	11.8%	14.8%	16.3%
Other income	1	1	0	2	1	3	0	0	1	1	6	4	1	1	2	1	5	1	2	7	1	1	10	3	1	2	1	9	0	2	5	4	5	5	6	7	9	4	15
Interest	11	11	5	7	11	14	14	15	19	20	19	20	23	24	26	27	25	25	27	26	27	28	32	28	32	32	28	32	31	27	26	25	23	21	20	21	22	22	21
Depreciation	4	4	4	5	5	7	7	8	7	7	8	7	8	10	9	8	9	9	10	8	8	9	9	7	7	8	6	6	6	6	7	8	8	8	9	14	13	14	15
Profit before tax	1	6	4	2	0	3	3	1	6	2	1	6	7	3	7	16	12	1	-2	8	5	-3	0	-12	-10	-30	80	-129	3	4	32	36	20	13	25	32	30	29	34
Tax	0	2	2	2	-3	0	1	0	1	2	1	2	2	1	-5	4	6	-1	-4	2	0	0	-2	-2	-7	-8	26	-32	0	0	2	13	14	7	12	17	9	10	16
Net profit	1	3	2	0	3	2	2	1	5	1	0	4	5	2	12	12	6	2	1	6	5	-3	2	-10	-2	-22	54	-97	3	4	30	23	5	7	13	15	21	19	18
EPS ₹	1.65	5.93	1.57	0.20	2.60	1.90	1.92	0.78	3.98	0.45	0.34	3.42	4.04	1.40	10.75	10.38	5.56	1.94	1.20	4.84	4.00	-2.90	2.15	-8.91	-2.08	-17.30	34.81	-62.31	2.03	0.27	1.94	1.48	0.34	0.44	0.84	0.98	1.34	1.23	1.15
Revenue YoY	—	—	—	—	2.8%	8.0%	3.9%	4.1%	-5.9%	7.2%	20.9%	28.6%	31.3%	17.5%	—	11.1%	-2.2%	-7.9%	-3.0%	-7.7%	0.6%	11.6%	-15.0%	-14.3%	0.9%	2.8%	56.9%	63.9%	92.1%	95.8%	136.9%	90.7%	24.8%	-27.8%	-31.8%	-45.4%	-41.4%	-5.8%	-30.7%
Profit YoY	—	—	—	—	214.7%	20.4%	860.9%	-70.2%	110.1%	-76.5%	-56.2%	-14.2%	794.2%	315.4%	—	204.3%	37.6%	38.3%	-88.9%	-53.4%	-28.0%	-249.1%	79.0%	-284.2%	-152.1%	—	2087.0%	—	—	—	-44.4%	—	65.4%	65.5%	-56.7%	-34.1%	297.7%	178.5%	36.8%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 27 periods

	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
ROE	4.1%	0.9%	-5.9%	-4.0%	1.5%	4.8%	10.8%	9.8%	6.1%	7.2%	7.4%	8.8%	10.0%	11.8%	13.6%	16.7%	18.3%	21.5%	20.9%	21.4%	20.3%	22.4%	21.8%	22.9%	24.9%	19.2%	18.5%
ROCE	10.8%	7.9%	2.8%	3.2%	8.5%	11.7%	15.4%	16.1%	12.3%	13.3%	13.6%	14.7%	16.1%	18.7%	20.9%	25.1%	24.8%	27.5%	26.9%	27.2%	26.5%	27.1%	26.4%	27.5%	31.2%	32.3%	31.2%
Net margin	1.5%	0.4%	-2.6%	-1.7%	0.6%	1.6%	3.4%	2.9%	1.8%	2.0%	2.0%	2.2%	2.4%	2.5%	2.8%	3.1%	3.5%	3.9%	3.9%	3.9%	4.1%	4.4%	4.7%	4.9%	6.0%	4.5%	4.5%
EBITDA margin	10.3%	9.8%	7.4%	7.4%	7.8%	8.3%	9.2%	8.9%	7.7%	7.5%	7.3%	7.3%	7.9%	8.1%	8.9%	9.5%	9.7%	9.7%	9.6%	9.3%	9.5%	9.5%	9.5%	9.6%	10.2%	10.4%	10.4%
Debt / equity	0.44	0.44	0.44	0.44	0.38	0.38	0.38	0.38	0.46	0.46	0.48	0.48	0.59	0.59	0.56	0.56	0.58	0.58	0.58	0.58	0.51	0.51	0.47	0.47	0.36	0.36	0.34
Interest coverage	1.25	0.90	0.31	0.36	0.91	1.23	1.58	1.65	1.43	1.55	1.64	1.69	1.90	2.02	2.24	2.46	2.68	2.95	3.08	3.13	3.20	3.33	3.58	3.85	4.77	4.93	5.00
Asset turnover	0.91	0.82	0.77	0.79	0.85	0.99	1.07	1.13	1.05	1.13	1.06	1.14	1.01	1.16	1.18	1.31	1.30	1.40	1.41	1.44	1.40	1.42	1.41	1.43	1.41	1.44	1.42

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 18 periods

	DEC '14‡	DEC '15‡	DEC '16‡	DEC '17‡	MAR '18‡	MAR '19‡	MAR '20‡	MAR '21‡	MAR '22‡	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26	SEP '26
Share capital	16	16	16	16	16	17	17	17	17	17	17	17	17	17	17	17	17	17
Other equity / reserves	552	493	536	602	602	1,004	1,035	1,049	1,114	1,146	1,220	1,308	1,477	1,614	1,816	2,029	2,382	2,602
Total equity	568	508	552	617	617	1,021	1,053	1,066	1,131	1,163	1,238	1,326	1,494	1,631	1,833	2,046	2,400	2,619
Borrowings	722	574	334	447	447	521	461	409	515	559	725	749	862	950	933	958	867	885
Current liabilities	1,581	1,918	1,278	1,734	1,741	1,523	1,967	1,967	2,326	2,711	3,538	3,881	4,213	4,303	4,475	4,446	4,507	4,762
Non-current liabilities	46	19	50	37	37	51	104	156	156	175	237	196	206	207	191	176	180	181
Total assets	2,195	2,445	1,881	2,389	2,396	2,597	3,127	3,192	3,616	4,054	5,017	5,406	5,917	6,146	6,505	6,673	7,086	7,563
Property, plant & equipment	335	349	385	462	462	522	554	552	609	749	845	997	1,080	1,039	1,074	1,120	1,162	1,217
Capital work-in-progress	3	3	6	38	38	7	5	53	2	39	117	133	10	5	21	25	22	43
Investments	0	0	1	1	1	1	255	194	113	89	45	5	5	5	42	56	0	0
Inventories	1,131	1,175	111	157	157	246	289	337	400	469	577	638	684	659	642	710	751	838
Receivables	413	309	243	243	243	440	585	531	622	727	1,080	921	1,211	1,240	1,607	1,372	1,295	1,444
Cash & equivalents	27	148	163	113	113	90	237	127	386	224	446	291	609	263	358	449	475	240

Cash flow

annual · ₹ crore · line = free cash flow

showing latest 5 of 13 periods

	Dec '14‡	Dec '15‡	Dec '16‡	Dec '17‡	FY18‡	FY19‡	FY20‡	FY21‡	FY22	FY23	FY24	FY25	FY26
Cash from operations	44	465	326	68	68	-134	447	191	339	471	704	203	500
Cash from investing	-38	-104	-20	-157	-157	-133	-87	-51	-25	-438	-419	-245	-149
Cash from financing	-4	-302	-222	40	40	244	-212	-250	-56	28	-123	-209	-243
Capex	49	59	96	174	174	139	110	145	111	418	356	228	264
Free cash flow	-5	406	230	-106	-106	-273	337	46	228	53	348	-25	236
Dividends paid	1	0	0	5	6	8	8	5	2	8	13	29	34

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹1,217 cr16%

CWIP

₹43 cr1%

Inventories

₹838 cr11%

Receivables

₹1,444 cr19%

Cash & equivalents

₹240 cr3%

Other assets

₹3,782 cr50%

Peer comparison

largest in Construction · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Larsen & Toubro Ltd.	5,66,554	4,117.70	31.7	5.01	15.8%
Rail Vikas Nigam Ltd.	40,312	193.34	44.8	4.10	9.2%
Kalpataru Projects International Ltd.	23,413	1,370.80	19.8	2.76	14.0%
Cemindia Projects Ltd.	22,734	1,323.30	47.0	8.68	18.5%
NBCC (India) Ltd.	21,184	78.00	26.6	6.59	24.7%
IRB Infrastructure Developers Ltd.	20,557	17.02	19.1	0.97	5.0%
Engineers India Ltd.	16,451	292.70	18.3	4.92	26.9%
Techno Electric & Engineering Company Ltd.	10,798	928.50	25.1	2.60	10.4%
IRCON International Ltd.	10,173	108.17	20.9	1.50	7.2%
RITES Ltd.	9,358	194.72	23.1	3.52	15.2%

StoxGud checklist: Bullish setup · 8/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month+16.3%

6 months+36.4%

1 year+56.4%

3Y CAGR+84.0%

5Y CAGR+75.8%

10Y CAGR+24.6%

50-day avg₹1,229.54

200-day avg₹1,012.05

RSI (14)65

Compare Cemindia Projects Ltd. with

Larsen & Toubro vs Cemindia Projects Rail Vikas Nigam vs Cemindia Projects Kalpataru Projects International vs Cemindia Projects Cemindia Projects vs NBCC (India)Cemindia Projects vs IRB Infrastructure Developers Cemindia Projects vs Engineers India

FAQs

What is the share price of Cemindia Projects Ltd.?

Cemindia Projects Ltd. (CEMPRO) closed at ₹1,323.30 on NSE on 06 Nov 2026.

What is the market cap of Cemindia Projects Ltd.?

₹22,734 crore at the latest close.

What is the P/E ratio of Cemindia Projects Ltd.?

47.0, on trailing-twelve-month earnings from its filings.

How fast is Cemindia Projects Ltd. growing?

Cemindia Projects Ltd.: revenue has compounded at 25.5% a year over three years; net profit at 68.8% a year. Latest-quarter revenue is up 26.3% year on year, profit up 21.3%.

How profitable is Cemindia Projects Ltd.?

On a trailing-twelve-month basis return on equity is 18.5%, return on capital employed 31.2%, operating margin 10.4%, net margin 4.5%.

How much debt does Cemindia Projects Ltd. have?

Cemindia Projects Ltd. is lightly geared: debt to equity is 0.34 with borrowings of ₹885 cr against cash of ₹240 cr (balance sheet of 2026-09-30). Operating profit covers interest 5.0 times.

Financials parsed from Cemindia Projects Ltd.'s own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from MAR '18, annual from FY20, balance sheet from Dec '14. * = derived (full year or half year minus earlier quarters). ‡ = balance sheet / cash flow read from the company's published annual report (same basis), for years before the NSE filings carry them; each one checked to add up. Information only, not investment advice.