Cemindia Projects Limited
Cemindia Projects Limited provides construction and civil engineering contracting services in India. The company constructs maritime structures, including jetties, dolphins, service platforms, quay, berths on concrete and steel piles, solid gravity type wharf structures, ship lifts, dry docks, wet basins, and inclined berths; mass rapid transport systems (MRTs); airports; highways, bridges, and flyovers; foundations and specialized engineering works comprising geotechnical investigations, piling, diaphragm walling, slope stabilization, sandwicks/band drains, vibrofloatation stone columns, drilling and grouting, rock/soil anchors repairs, colcrete, gunite/shotcrete, grouted mattress, box pushing, tube heading, microtunneling, and rehabilitation and underpinning services; and dams and tunnels, TBM, M-TBM, NATM Tunnels, Box Pushing Tunnels. It also offers breakwater and piled approach trestles, steel piles and bored casts, undersea ground improvement, dredging and land reclamation, and coastal erosion protection and rock bund services, as well as foundation and specialist engineering services. In addition, the company engages in the civil works for refinery, petrochemical, power, steel, and fertilizer plants; design, construction, supply, installation, and commissioning of pipelines; operation of water and wastewater treatment plants, and pumping stations; and develops data center to cater to deliver cutting-edge, integrated solutions tailored to critical sectors. It serves the state and central government departments, ministries, local municipal bodies, and private clients. The company was formerly known as ITD Cementation India Limited and changed its name to Cemindia Projects Limited in August 2025. Cemindia Projects Limited was founded in 1931 and is based in Mumbai, India. As of August 8, 2025, Cemindia Projects Limited operates as a subsidiary of Renew Exim DMCC.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockRule-based from financial data. Not advice.
Historically, Apr has averaged the highest return (+59.5%); Jan the lowest (-18.6%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -18.6%Negative MonthJan 2026: -18.62% | -10.2%Negative MonthFeb 2026: -10.16% | -11.4%Negative MonthMar 2026: -11.39% | +59.5%Positive MonthApr 2026: +59.53% | +5.5%Positive MonthMay 2026: +5.50% | +51.1%Positive MonthJun 2026: +51.14% | +3.0%*Positive MonthJul 2026: +3.03% | β | β | β | β | β |
| 2025 | β | β | β | β | β | β | β | β | β | β | +3.5%Positive MonthNov 2025: +3.54% | -6.0%Negative MonthDec 2025: -5.99% |
| AvgΒ±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation β the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position β all Januaries together, all Februaries together, and so on β to show whether a given month has leaned positive or negative historically. βSimpleβ counts each month as +1 or β1. βWeightedβ gives larger moves more influence: +2 above +10%, β2 below β10%. With only 2 years of history for this asset, each monthβs score reflects a small number of observations β read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the assetβs full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
Year-to-date return is calculated by dividing each dayβs closing price by the price on January 1st of that year (or the assetβs first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen β at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in βAverage fromβ, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 10 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ8.97 K Cr | β | βΉ373.00 Cr | β | β | β | 19.0% | 36.1% |
| Mar 2024 | βΉ7.54 K Cr | β | βΉ274.00 Cr | β | β | β | 61.3% | 121.0% |
| Mar 2023 | βΉ4.67 K Cr | β | βΉ124.00 Cr | β | β | β | 43.8% | 79.7% |
| Mar 2022 | βΉ3.25 K Cr | β | βΉ69.00 Cr | β | β | β | 47.2% | 331.3% |
| Mar 2021 | βΉ2.21 K Cr | β | βΉ16.00 Cr | β | β | β | 3.1% | -62.8% |
| Mar 2020 | βΉ2.14 K Cr | β | βΉ43.00 Cr | β | β | β | -6.4% | -47.6% |
| Mar 2019 | β | β | β | β | β | β | β | β |
| Mar 2017 | βΉ1.87 K Cr | β | βΉ73.00 Cr | β | β | β | -35.8% | 43.1% |
| Mar 2016 | βΉ2.92 K Cr | β | βΉ51.00 Cr | β | β | β | 13.2% | -186.4% |
| Mar 2015 | βΉ2.58 K Cr | β | βΉ-59.00 | β | β | β | 96.2% | -410.5% |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Mar 2019 15m | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue / Net Sales | 1,206 | 1,313 | 2,576 | 2,917 | 1,873 | 2,288 | 2,142 | 2,208 | 3,250 | 4,675 | 7,542 | 8,974 | 9,531 |
| Total Expenses | 1,067 | 1,238 | 2,417 | 2,706 | 1,614 | 2,019 | 1,838 | 2,003 | 2,949 | 4,255 | 6,792 | 8,109 | 8,609 |
| EBIT / Operating Profit | 140 | 75 | 158 | 211 | 259 | 270 | 304 | 205 | 301 | 420 | 750 | 865 | 922 |
| OPM % | 12 | 6 | 6 | 7 | 14 | 12 | 14 | 9 | 9 | 9 | 10 | 10 | 10 |
| Other Income | 19 | 102 | -107 | 22 | 6 | 12 | -39 | 9 | 9 | 26 | 46 | 48 | 82 |
| Finance Costs | 116 | 120 | 115 | 89 | 86 | 78 | 92 | 111 | 132 | 160 | 215 | 228 | 215 |
| Depreciation & Amortisation | 33 | 29 | 25 | 46 | 55 | 70 | 120 | 83 | 95 | 108 | 204 | 189 | 177 |
| Profit Before Tax | 9 | 28 | -89 | 99 | 124 | 134 | 53 | 19 | 82 | 177 | 377 | 496 | 612 |
| Tax % | 0 | 31 | -33 | 49 | 41 | 39 | 19 | 18 | 16 | 30 | 27 | 25 | - |
| Net Profit / PAT | 9 | 19 | -59 | 51 | 73 | 82 | 43 | 16 | 69 | 124 | 274 | 373 | 468 |
| EPS (βΉ) | 0.81 | 1.25 | -3.82 | 3.28 | 4.69 | 4.77 | 2.51 | 0.92 | 4.01 | 7.23 | 15.93 | 21.70 | 27.27 |
| Dividend Payout % | 12 | 0 | 0 | 9 | 9 | 8 | 12 | 13 | 11 | 10 | 11 | 9 | - |
Peer Comparison
Industrials sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| Cemindia Projects Limitedthis co. | βΉ11.75 K Cr | βΉ8.97 K Cr | 26.40 | 5.76 | 0.00 | 19.0% |
| Larsen & Toubro Limited | βΉ5.35 L Cr | βΉ1.43 L Cr | 52.20 | 7.87 | 34.29 | 12.9% |
| Adani Ports and Special Economic Zone Ltd | βΉ3.29 L Cr | βΉ7.91 K Cr | 159.00 | 10.36 | 62.82 | 16.2% |
| Solar Industries India Limited | βΉ1.15 L Cr | βΉ4.46 K Cr | 121.00 | 32.81 | 128.61 | 19.9% |
| Polycab India Limited | βΉ1.14 L Cr | βΉ21.91 K Cr | 46.90 | 10.84 | 42.32 | 21.4% |
| Cummins India Ltd. | βΉ1.10 L Cr | βΉ10.34 K Cr | 49.50 | 15.01 | 47.01 | 15.4% |
| Ashok Leyland Ltd. | βΉ1.09 L Cr | βΉ38.75 K Cr | 32.00 | 9.49 | 22.91 | 1.0% |
| Industry Average | β | βΉ5.40 K Cr | 57.83 | 7.16 | 40.88 | 45.0% |
