Cemindia Projects Limited
NSE: CEMPRO · Civil Construction · sector
Key numbers
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 119 companies in Civil Construction (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹949 cr vs borrowings ₹867 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 4.9x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 2 of the last 5 years (FY26, FY25).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 27% of net profit in the last 12 months.
- Debtor days went from 57 (FY24) to 47 (FY26).
- Dividend paid in 5 of the last 5 financial years.
- Price ₹1,131.80 on 2026-10-26: -31.4% from the 52-week high, +124.9% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,991 | 2,245 | 2,480 | 2,542 | 2,175 | 2,315 | 2,973 | 2,721 |
| EBITDA | 182 | 206 | 259 | 233 | 203 | 222 | 358 | 275 |
| OPM % | 9.1% | 9.2% | 10.5% | 9.2% | 9.3% | 9.6% | 12.0% | 10.1% |
| Other income | 22 | 8 | 10 | 15 | 39 | 23 | 92 | 10 |
| Net profit | 72 | 87 | 114 | 137 | 108 | 111 | 242 | 141 |
| EPS (₹) | 4.19 | 5.07 | 6.61 | 7.99 | 6.27 | 6.45 | 14.10 | 8.20 |
| Revenue YoY | +9.3% | +3.1% | +19.9% | +7.0% | ||||
| Profit YoY | +49.4% | +27.4% | +113.3% | +2.6% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 3,809 | 5,091 | 7,718 | 9,097 | 10,061 | 10,185 |
| EBITDA | 293 | 400 | 745 | 869 | 1,022 | 1,058 |
| Net profit | 69 | 124 | 274 | 373 | 598 | 602 |
| EPS (₹) | 4.01 | 7.23 | 15.93 | 21.70 | 34.79 | 35.02 |
| Revenue growth | +33.7% | +51.6% | +17.9% | +10.6% | +10.0% | |
| Profit growth | +80.6% | +120.3% | +36.2% | +60.3% | +46.8% | |
| Dividend / share (₹) | 0.12 | 0.45 | 0.75 | 1.70 | 2.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +25.5% | +29.8% | +10.0% |
| Net profit | +68.8% | +106.9% | +46.8% |
| EPS | +68.8% | +106.8% | – |
| Share price | – | – (2y) | +46.5% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 1,238 | 1,494 | 1,833 | 2,400 |
| Borrowings | – | 725 | 862 | 933 | 867 |
| Cash & equivalents | – | 630 | 896 | 708 | 949 |
| Total assets | – | 5,017 | 5,917 | 6,505 | 7,086 |
| Fixed assets | – | 845 | 1,080 | 1,074 | 1,162 |
| Capital work in progress | – | 117 | 10 | 21 | 22 |
| Investments | – | 0 | 0 | 0 | 0 |
| Receivables | – | 1,080 | 1,211 | 1,607 | 1,295 |
| Inventory | – | 577 | 684 | 642 | 751 |
| Payables | – | 1,334 | 1,647 | 1,775 | 2,190 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 339 | 471 | 704 | 203 | 500 |
| Cash from investing | -25 | -438 | -419 | -245 | -149 |
| Cash from financing | -56 | 28 | -123 | -209 | -243 |
| Capex | 111 | 418 | 356 | 228 | 264 |
| Free cash flow | 228 | 53 | 348 | -25 | 236 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 10.0% | 18.3% | 20.3% | 24.9% |
| ROCE % | – | 16.1% | 24.8% | 26.5% | 31.6% |
| Debtor days | – | 77 | 57 | 64 | 47 |
| Inventory days | – | 119 | 86 | 73 | 82 |
| Payable days | – | 275 | 206 | 202 | 238 |
| Cash conversion cycle (days) | – | -79 | -63 | -65 | -109 |
| Working capital days | – | 10 | 16 | 25 | 41 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 67.46% |
| FIIs | 6.65% |
| DIIs | 4.79% |
| of which Mutual funds | 3.93% |
| of which Insurance | 0.06% |
| Public (non-institutions) | 21.10% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 46.64% | 46.64% | 67.46% | 67.46% | 67.46% | 67.46% | 67.46% | 67.46% |
| Promoter group | % |
|---|---|
| Renew Exim DMCC | 67.46% |
| Valiant Investment DMCC | 0.00% |
| Public holders above 1% | % |
|---|---|
| Motilal Oswal Nifty Smallcap 250 ETF | 2.05% |
| CD Equifinance Private Limited | 1.82% |
| Hitesh Ramji Javeri | 1.78% |
| Cohesion MK Best Ideas Sub-trust | 1.12% |
1,02,707 shareholders. Pledged: 0.00% of promoter shares.
Peers in Civil Construction
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| LT | ₹5,06,276 cr | 30.5x | 4.6x | 16.7% | 12.8% | 9.4% | +22.2% | 0.92% |
| RVNL | ₹38,083 cr | 42.4x | 3.9x | 9.3% | 10.5% | 4.3% | +0.2% | 1.51% |
| KPIL | ₹22,134 cr | 19.5x | 2.8x | 15.9% | 17.7% | 8.4% | +18.4% | 0.69% |
| IRB | ₹19,639 cr | 20.6x | 0.9x | 4.7% | 7.6% | 53.9% | +6.1% | 0.65% |
| CEMPRO | ₹19,444 cr | 32.3x | 8.1x | 28.4% | 32.3% | 10.4% | +25.5% | 0.18% |
| NBCC | ₹18,536 cr | 25.1x | 6.1x | 27.0% | 33.9% | 5.8% | +13.8% | 1.08% |
| ENGINERSIN | ₹13,725 cr | 17.5x | 4.4x | 27.0% | 28.8% | 19.4% | +5.7% | 1.84% |
| TECHNOE | ₹9,612 cr | 22.3x | 2.3x | 10.9% | 13.7% | 14.0% | +57.7% | 1.09% |
| IRCON | ₹9,177 cr | 17.5x | 1.4x | 8.1% | 8.2% | 8.3% | -4.4% | 2.25% |
| RITES | ₹9,102 cr | 21.9x | 3.4x | 15.7% | 22.5% | 22.6% | -2.8% | 4.59% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-06-12 | Dividend | Dividend - Rs 3 Per Share |
| 2025-07-31 | Dividend | Dividend - Rs 2 Per Share |
| 2024-08-21 | Dividend | Annual General Meeting/Dividend - Rs 1.70 Per Share |
| 2023-08-21 | Dividend | Annual General Meeting/Dividend - Rs 0.75 Per Share |
| 2022-09-14 | Dividend | Annual General Meeting/Dividend - Re 0.45 Per Share |
| 2021-09-14 | Dividend | Annual General Meeting/Dividend - Rs 0.12 Per Share |
| 2020-09-15 | Dividend | Annual General Meeting/Dividend - Rs 0.30 Per Share |
| 2019-07-31 | Dividend | Annual General Meeting/Dividend - Rs 0.40 Per Share |
| 2018-05-02 | Dividend | Annual General Meeting/ Dividend - Re 0.40 Per Share |
| 2017-05-03 | Dividend | Annual General Meeting/Dividend - Re 0.30 Per Share |
| 2016-05-04 | Other | Annual General Meeting |
| 2015-08-21 | Split | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Share |
| 2015-05-05 | Other | Annual General Meeting |
| 2014-04-28 | Dividend | Annual General Meeting/Dividend Re 1/- Per Share |
| 2013-04-30 | Dividend | Annual General Meeting/Dividend Rs 2 Per Share |
| 2012-04-25 | Dividend | Annual General Meeting And Dividend Rs.2/- Per Share |
| 2011-04-19 | Dividend | Annual General Meeting And Dividend Rs. 1.50 Per Share |
| 2010-04-21 | Other | Agm/Div-Re.1/- Per Share |
| 2009-04-22 | Other | Agm/Div-Re.1/- Per Share |
| 2008-04-23 | Dividend | Dividend - 20% |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Engineering and Construction: 1. Maritime Structures 2. Urban Infrastructure, MRTS and Airports 3. Industrial Structures and Buildings 4. Highways, Bridges and Flyovers 5. Data Centre 6. Hydro, Dams, Tunnels & Irrigation 7. Foundation & Specialist Engineering 8. Water and Wastewater
| Sector | Industrials |
| Industry | Civil Construction |
| Sub-industry | Civil Construction |
| Symbol | CEMPRO |
| BSE code | 509496 |
| ISIN | INE686A01026 |
| Face value | ₹1.0 |
| Incorporated | 1978-06-24 |
| Website | https://www.cemindia.co.in |
| Plants (India / abroad) | 69 / 3 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.