MarketFriction

Cemindia Projects Ltd

NSE CEMPRO · BSE 509496 · Civil Construction
₹1,178.90 -1.12%
NSE close2026-10-01
52 week range503.30 - 1,649.20
Market cap₹21,015 Cr.
P/E34.9
Nifty 500Nifty Smallcap 100Smallcap 250 Price band 5% Delivery 57.8%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,6102,0172,2582,3811,9912,2702,5322,5762,1952,3152,9732,721
Expenses1,4521,8122,0372,1601,8092,0632,2772,3361,9932,0942,6162,446
Operating Profit158205221221182207255240202222358275
OPM %10%10%10%9%9%9%10%9%9%10%12%10%
Other Income141522162310162041239210
Interest525857535759625053506150
Depreciation535654494745514143433943
Profit before tax68106130135100113157169146152350192
Tax %21%26%31%26%28%23%28%19%26%27%31%27%
Net Profit5479901007287113137108111242141
EPS in Rs3.124.565.215.834.195.076.607.996.276.4614.108.20
Dec 2015Dec 2016Dec 2017Mar 2019 15mMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales2,8922,9382,0613,1702,8612,7283,8095,0917,7189,24610,06110,205
Expenses2,7002,7261,7962,8432,5232,5153,5164,6916,9738,3869,0459,149
Operating Profit1922122643273382132934007458601,0161,056
OPM %7%7%13%10%12%8%8%8%10%9%10%10%
Other Income-10223714-104545636478183167
Interest1388988124130138142165218236215215
Depreciation37465882137100103114208194166167
Profit before tax-8599126134602094184383508818841
Tax %-30%48%42%38%27%20%26%32%28%27%27%
Net Profit-59517383441669125274373598602
EPS in Rs-3.823.284.694.772.510.924.017.2315.9321.7034.7935.03
Dividend Payout %0%9%9%8%12%13%11%10%11%9%9%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth13%30%25%9%
Compounded Profit Growth27%112%68%47%
Stock Price CAGR24%73%78%51%
Return on Equity15%19%24%28%
Dec 2014Dec 2015Dec 2016Dec 2017Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital161616161717171717171717
Reserves5524935366021,0041,0351,0491,1141,2201,4771,8162,382
Borrowings7656013564895325394585607668899931,001
Other Liabilities8621,3369731,2821,0441,5331,6691,9253,0133,5343,0263,686
Total Liabilities2,1952,4451,8812,3882,5973,1253,1923,6165,0175,9175,8527,086
Fixed Assets3353493854625296246016558471,0811,0771,168
CWIP3363875532117102122
Investments0011125519411345500
Other Assets1,8562,0931,4891,8872,0602,2412,3442,8474,0074,8214,7535,897
Total Assets2,1952,4451,8812,3882,5973,1253,1923,6165,0175,9175,8527,086
Dec 2014Dec 2015Dec 2016Dec 2017Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity4446532668-134447191339471704184500
Cash from Investing Activity-38-104-20-157-133-87-51-25-438-419-233-147
Cash from Financing Activity-4-302-22240244-212-250-5628-123-218-243
Net Cash Flow15983-49-24147-11025861162-267110
Free Cash Flow-2419231-103-259354802446936912274
CFO/OP41%256%170%24%-24%145%100%136%143%105%34%66%
Dec 2014Dec 2015Dec 2016Dec 2017Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days913927425075716077573947
Inventory Days64153061927599144118119867382
Days Payable236340340363171225311276275179232238
Cash Conversion Cycle496229-252-229-45-51-96-99-78-36-120-110
Working Capital Days8-34-36-3832-212-19-35-26-86
ROCE %5%14%19%24%20%15%10%14%19%27%28%33%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters46.64%46.64%46.64%46.64%46.64%46.64%46.64%67.46%67.46%67.46%67.46%67.46%
FIIs14.42%13.90%17.08%20.00%20.99%17.04%13.95%9.21%8.36%8.19%7.31%7.26%
DIIs3.38%1.94%1.82%2.44%2.32%2.60%6.14%0.79%0.72%1.50%1.94%2.86%
Public35.56%37.53%34.46%30.92%30.06%33.72%33.28%22.55%23.45%22.84%23.28%22.40%
No. of Shareholders73,00576,05078,34786,9751,08,9881,07,3171,02,14092,68698,42294,80790,78290,808

Fundamentals

Market Cap₹ 21,015 Cr.
Current Price₹ 1,223
Stock P/E34.9
Book Value₹ 140
ROCE32.8 %
ROE27.8 %
Dividend Yield0.25 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)9%
Compounded Profit Growth (TTM)47%
Consolidated figures.
Valuation
Market capRs 20,252 Cr
Enterprise valueRs 20,304 Cr
P/E (TTM)33.66x
Price to book8.44x
Price to sales1.98x
EV / EBITDA16.60x
EV / EBIT19.23x
EV / sales1.99x
Price to cash flow40.52x
Earnings yield2.97%
Dividend yield0.25%
P/E, 3-year average20.44x
P/B, 3-year average4.24x
P/E, 5-year average18.30x
P/B, 5-year average3.03x
Profitability
Operating margin (excl. other income)10.10%
Operating margin (incl. other income)11.91%
EBITDA margin11.99%
Pre-tax margin8.24%
Net profit margin5.89%
Net margin, latest quarter5.18%
ROE28.24%
ROCE33.17%
ROA9.24%
ROE, 3-year average23.57%
ROCE, 3-year average29.72%
ROA, 3-year average6.86%
ROE, 5-year average17.49%
ROCE, 5-year average24.54%
ROA, 5-year average5.10%
ROIC (approx.)31.48%
Tax rate26.89%
Other income / net worth7.62%
Growth
Sales growth (latest year)8.81%
Profit growth (latest year)60.34%
Sales CAGR, 3 years25.49%
Sales CAGR, 5 years29.83%
Profit CAGR, 3 years68.82%
Profit CAGR, 5 years106.91%
Sales growth QoQ-8.49%
Profit growth QoQ-41.85%
Sales growth YoY (latest quarter)5.61%
Profit growth YoY (latest quarter)2.62%
Per share
EPS (TTM)Rs 35.02
EPS (latest year)Rs 34.79
EPS (latest quarter)Rs 8.20
EPS, 3-year averageRs 24.14
EPS, 5-year averageRs 16.73
Book value per shareRs 139.68
Sales per shareRs 594.05
Cash flow per shareRs 29.09
Free cash flow per shareRs 15.95
Dividend per share (latest year)Rs 3.00
Dividend per share, 3-year averageRs 2.23
Dividend per share, 5-year averageRs 1.58
Dividends
Dividend payout8.62%
Dividend payout, 3-year average9.50%
Dividend payout, 5-year average10.02%
Efficiency
Asset turnover1.42x
Fixed asset turnover8.61x
Inventory turnover10.11x
Inventory days36 days
Debtor days47 days
Debtors turnover7.77x
Creditor days238 days
Cash conversion cycle-110 days
Working capital days6 days
Leverage
Total debtRs 1,001 Cr
Cash and bankRs 949 Cr
Net debtRs 52 Cr
Debt to equity0.42x
Net debt / EBITDA0.04x
Interest coverage4.92x
Current ratio (filing 2026-03-31)1.25x
Quick ratio (filing 2026-03-31)1.08x
Trade payables (filing 2026-03-31)Rs 2,190 Cr
Owners' fund to total sources33.86%
Debt to assets14.13%
Cash flow
Cash from Operating Activity (latest year)Rs 500 Cr
Cash from Investing Activity (latest year)Rs -147 Cr
Cash from Financing Activity (latest year)Rs -243 Cr
Net Cash Flow (latest year)Rs 110 Cr
Free cash flow (latest year)Rs 274 Cr
FCFE (approx.: FCF + change in debt)Rs 283 Cr
Cash from ops / profit, 5 years1.53x
Sales to cash flow20.13x
Statement figures
Net sales (TTM)Rs 10,205 Cr
Net sales (latest year)Rs 10,061 Cr
Sales (latest quarter)Rs 2,721 Cr
Operating profit excl. other income (latest year)Rs 1,016 Cr
Operating profit (latest quarter)Rs 275 Cr
Other income (TTM)Rs 167 Cr
EBITDA (TTM)Rs 1,223 Cr
PBDT (TTM)Rs 1,009 Cr
Profit before tax (TTM)Rs 841 Cr
Tax (latest year)Rs 220 Cr
Net profit (TTM)Rs 602 Cr
Net profit (latest year)Rs 598 Cr
Net profit (latest quarter)Rs 141 Cr
Depreciation (TTM)Rs 167 Cr
Depreciation (latest quarter)Rs 43 Cr
Interest (TTM)Rs 215 Cr
Cost of goods sold (latest year)Rs 7,595 Cr
Total expenditure (latest year)Rs 9,045 Cr
Total income (latest year)Rs 10,243 Cr
Share capitalRs 17 Cr
ReservesRs 2,382 Cr
Shareholders' fundsRs 2,400 Cr
Total assetsRs 7,086 Cr
Net blockRs 1,168 Cr
Capital work in progressRs 22 Cr
ReceivablesRs 1,295 Cr
InventoryRs 751 Cr
Other liabilitiesRs 3,686 Cr
Shares outstanding (crore)17.18
Ownership
Promoter holding67.46% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 33.7 is at the 59th percentile of its own 9.7-year range (median 31.0, low 6.2, high 93.4).
P/B 8.44 is at the 94th percentile (median 3.24).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodCEMPRONifty 50Difference
1 week-7.1%-2.8% -4.3 pts
1 month-5.2%-6.8% +1.6 pts
3 months-18.6%-7.6% -11.0 pts
6 months+130.7%+0.4% +130.3 pts
1 year+44.1%-9.9% +54.0 pts
2 years+108.3%-13.6% +121.9 pts
3 years+445.0%+14.2% +430.9 pts
5 years+1408.5%+27.9% +1380.6 pts
72 mutual fund schemes hold about ₹1,058 Cr. Over three months 50 bought more and 21 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Motilal Oswal Large & Midcap Fund1.36%274 +100%
Motilal Oswal Large & Midcap Fund1.36%251 +100%
Motilal Oswal ELSS Tax Saver Fund1.24%64 +100%
Motilal Oswal Active Momentum Fund4.67%54 +100%
Union Flexi Cap Fund1.65%40 +151%
ITI Small Cap Fund0.87%31 -37%
Tata Infrastructure Fund1.51%31 +100%
Tata Infrastructure Fund1.51%31 +100%
Union Small Cap Fund1.05%28 +64%
Union Small Cap Fund1.05%25 +64%
Bank of India Small Cap Fund0.74%25 -62%
TRUSTMF Small Cap Fund0.84%24 -52%
Bank of India Flexi Cap Fund0.75%22 -48%
Bank of India Multi Cap Fund1.61%22 -20%
Bank of India Mfg & Infra Fund(Q1.73%16 -31%
Abakkus Small Cap Fund0.48%13 -68%
ITI Flexi Cap Fund0.84%13 -34%
Nippon India Nifty Smallcap 250 Index Fund0.31%11 +12%
Union Balanced Advantage Fund0.71%9 -6%
Union Aggressive Hybrid Fund0.95%7 +29%
Union Multi Asset Allocation Fund0.58%6 -13%
SBI Nifty Smallcap 250 Index Fund0.31%6 +12%
Union ELSS Tax Saver Fund0.57%5 +14%
ITI Large & Mid Cap Fund0.57%4 -12%
Motilal Oswal Nifty Smallcap 250 Index Fund0.31%4 +12%

Red flags

F-score 6 of 8
lookRegulator order or action Regulator order or action 2026-08-08: Cemindia Projects Limited has informed the Exchange about Action(s) taken or orders passed
lookAuditor change Auditor change 2026-06-27: Cemindia Projects Limited has informed the Exchange regarding Change in Auditors of the company.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Insider trades

NSE insider and takeover-code disclosures
DateWhoRoleSideSharesValueHow
2016-09-14Manas Ranjan BhattacharyaOtherbuy10,000Rs 0.14 CrMarket Purchase
Latest disclosed trades by insiders, promoters and large holders. Grants, option exercises and pledges show as "other". A filing is a fact, not a signal on its own.

Latest quarter

Jun 2026
Sales ₹2,721 Cr +5.6% vs Jun 2025. Net profit ₹141 Cr +2.9%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-06-12Dividend - Rs 3 Per Share
2025-07-31Dividend - Rs 2 Per Share
2024-08-21Annual General Meeting/Dividend - Rs 1.70 Per Share
2023-08-21Annual General Meeting/Dividend - Rs 0.75 Per Share
2022-09-14Annual General Meeting/Dividend - Re 0.45 Per Share
2021-09-14 Annual General Meeting/Dividend - Rs 0.12 Per Share
2020-09-15 Annual General Meeting/Dividend - Rs 0.30 Per Share
2019-07-31 Annual General Meeting/Dividend - Rs 0.40 Per Share
2018-05-02 Annual General Meeting/ Dividend - Re 0.40 Per Share
2017-05-03 Annual General Meeting/Dividend - Re 0.30 Per Share
2016-05-04 Annual General Meeting
2015-08-21 Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Share0.1000
2015-05-05Annual General Meeting
2014-04-28Annual General Meeting/Dividend Re 1/- Per Share
2013-04-30Annual General Meeting/Dividend Rs 2 Per Share
2012-04-25Annual General Meeting And Dividend Rs.2/- Per Share
2011-04-19Annual General Meeting And Dividend Rs. 1.50 Per Share
2010-04-21Agm/Div-Re.1/- Per Share
2009-04-22Agm/Div-Re.1/- Per Share
2008-04-23Dividend - 20%
2007-10-30Rights-Eq 1:1@Prem Rs.415
2007-04-20Agm
2006-09-08Rights 1:4 @Prem Rs.480/-
2006-03-31Agm
DateTypeWhat it says
2026-09-24LitigationPendency of Litigation(s)/dispute(s) or the outcome impacting the Company
2026-09-16Concall / analyst meetSchedule of meet
2026-09-09General UpdatesGeneral Updates
2026-09-03Credit Rating- RevisionCredit Rating- Revision
2026-09-03Credit Rating- RevisionCredit Rating- Revision by CARE Ratings Limited
2026-08-25Concall / analyst meetSchedule of meet
2026-08-20Investor PresentationInvestor Presentation
2026-08-20Concall / analyst meetSchedule of meet
2026-08-20Concall / analyst meetSchedule of meet
2026-08-17Shareholder meetingVoting results.
2026-08-17Shareholder meetingProceedings of Extraordinary General Meeting held on August 17, 2026
2026-08-08Regulatory actionAction(s) taken or orders passed
2026-08-08LitigationPendency of Litigation(s)/dispute(s) or the outcome impacting the Company
2026-08-08LitigationPendency of Litigation(s)/dispute(s) or the outcome impacting the Company
2026-08-04Concall / analyst meetSchedule of meet
2026-08-04Concall / analyst meetTranscript
2026-08-02LitigationPendency of Litigation(s)/dispute(s) or the outcome impacting the Company
2026-07-31LitigationPendency of Litigation(s)/dispute(s) or the outcome impacting the Company
2026-07-29Concall / analyst meetLink of Recording
2026-07-28Investor PresentationInvestor Presentation
2026-07-28Press ReleaseA press release dated July 28, 2026, titled "Press Release on Unaudited Financial Results for the quarter ended 30th June, 2026".
2026-07-28Board meeting outcomeCemindia Projects Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-23Shareholder meetingNotice of Extraordinary General Meeting to be held on August 17, 2026
2026-07-23Board meeting outcomeOutcome of Board Meeting held on July 23, 2026.
2026-07-22General UpdatesGeneral Updates
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2021-04-08NCLTITD Cementation India Ltd Vs Marg Ltd
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Close to Close price movement greater than 75perc in previous 6 monthsHigh low price variation greater than 100perc in previous 6 monthsHigh low price variation greater than 200perc in previous 365 Days

Quick answers

What is the market cap of Cemindia Projects Ltd?

Cemindia Projects Ltd (CEMPRO) has a market capitalisation of Rs 21,015 Cr. at the 2026-10-01 close.

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

Cemindia Projects Ltd trades at a P/E of 34.9 on trailing twelve-month profit, at the 2026-10-01 close.

What were Cemindia Projects Ltd's latest quarterly results?

In the Jun 2026 quarter, Cemindia Projects Ltd sales was Rs 2,721 Cr (+5.6% vs Jun 2025) and net profit was Rs 141 Cr.

What is the 52-week high and low of Cemindia Projects Ltd?

The 52-week high is Rs 1,649.20 and the 52-week low is Rs 503.30.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03