CEMPROConstruction

Cemindia Projects Limited

Civil Construction · ISIN INE686A01026 · BSE 509496 · NSE EQ · FV ₹1
Last price
₹1,255
+1.62%today
What this company does

Cemindia Projects Limited operates in Civil Construction, part of the Construction sector. It booked ₹2,721 cr of revenue in its latest quarter (Q1 FY27) and kept 5.2% of sales as profit. It is the 6th largest of 9 Civil Construction companies we track, by market value.

Engineering Foundations for a Future-Ready Infrastructure Cemindia Projects Limited builds on In addition to our strong pan-India presence, we an enduring engineering legacy that continue to serve international customers in select markets such as Bangladesh, Sri Lanka and United Arab has supported India’s infrastructure Emirates (UAE). Our commitment to quality, safety expansion for decades.
In the report:
71out of 100
Equitytale Health Score
Solid

Healthier than 71% of companies in Construction, on all six measures of filed financials. Each measure is ranked against the 19–23 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
42

At close. Not part of the score.

Profitability & returns87

How much profit it earns on the money it employs

Balance sheet66

How much it owes, and whether earnings cover the interest

Cash quality71

Whether reported profit actually arrives as cash

Growth & consistency94

Whether sales and profit have grown, and how steadily

Valuation9

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 7% vs last year
Promoters hold 67%
No promoter shares pledged
Strong 23% return on equity
Turns profit into real cash
Watch-outs
! Thin 5.2% net margin

What if I invest in CEMPRO?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 15% a year, it would become
₹26.30 lakh

The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹1,255 +1.62%
latest close · 2026-09-17
1-year return
+1559.1%
52-wk low ₹5652-wk high ₹1,649
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio38.3High
LowAverageHigh
P/B ratio8.99High
Below bookModerateHigh
EV / EBITDA19.3High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity23.5%Strong
WeakFairStrong ▸15%
Return on capital37.6%Strong
WeakFairStrong
Net margin5.2%Decent
ThinDecentStrong
EBITDA margin10.5%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.36Comfortable
LowModerateHigh ▸1
Interest cover4.8×Okay
RiskyOkayStrong ▸5×
Current ratio1.25Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹21,563 cr
Book value
₹140
EPS
₹8.20
latest quarter
Net debt
₹392 cr
owes more than its cash
Enterprise value
₹21,955 cr
EBITDA
₹1,140 cr
annualised
EBIT
₹969 cr
annualised
Operating margin
8.9%
Return on assets
7.9%
Earnings yield
2.61%
P/S
1.98
Sales / share
₹633.5
Tax rate
26.8%
Face value
₹1
Shares
17.2 cr
Working capital
₹1,123 cr
Current assets
₹5,631 cr
Current liabilities
₹4,507 cr
Delivery %
59.9%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹139₹300, midpoint ₹205

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹2,721 cr
Other Income₹10 cr
Total Income₹2,731 cr
Cost of Materials₹846 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹242 cr
Finance Costs₹50 cr
Depreciation & Amortisation₹43 cr
Other Expenses₹1,358 cr
Total Expenses₹2,539 cr
Profit before Tax₹192 cr
Tax Expense₹52 cr
Net Profit₹141 cr
Net margin on total income5.2%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹846 cr31.0%
Employee benefit expense₹242 cr8.8%
Finance costs₹50 cr1.8%
Depreciation & amortisation₹43 cr1.6%
Other expenses₹1,358 cr49.7%
Tax expense₹52 cr1.9%
Profit for the period₹141 cr5.2%
Total income ₹2,731 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue2,315 cr2,973 cr2,721 cr
Total income2,339 cr3,066 cr2,731 cr
Expenses2,186 cr2,716 cr2,539 cr
Profit before tax152 cr350 cr192 cr
Tax41 cr108 cr52 cr
Net profit (owners' share)111 cr242 cr141 cr
Net margin (owners' share, on revenue)4.8%8.1%5.2%
EPS (₹)6.4514.108.20
YoY (latest quarter): total income +6.8% · net profit +2.6%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹7,086 cr
Shareholder equity
₹2,400 cr
parent shareholders
Total debt
₹867 cr
Cash
₹475 cr
Cash flow · H1 FY26
Operating
₹279 cr
Investing
₹-77 cr
Financing
₹-111 cr
Peer comparison
Civil Construction · by market value
CompanyPriceMarket capP/E
Larsen & Toubro Limited₹3,836₹5.28 L cr32.0
Rail Vikas Nigam Limited₹202₹42,055 cr66.3
Kalpataru Projects International Limited₹1,399₹23,900 cr19.3
IRB Infrastructure Developers Limited₹19₹22,767 cr18.9
NBCC (India) Limited₹82₹22,175 cr36.0
Cemindia Projects Limitedthis company₹1,255₹21,563 cr38.3
Engineers India Limited₹264₹14,824 cr23.5
Techno Electric & Engineering Company Limited₹985₹11,452 cr30.7
KEC International Limited₹402₹10,700 cr36.8
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.24%
trailing 12 months
Dividend / share (TTM)
₹3
Last dividend
₹3
ex 12 Jun 2026
ActionDetailEx-date
Dividend₹3 / share12 Jun 2026
Dividend₹2 / share31 Jul 2025
Dividend₹1.7 / share21 Aug 2024
Dividend₹0.75 / share21 Aug 2023
Dividend₹0.45 / share14 Sep 2022
Dividend₹0.12 / share14 Sep 2021
Who owns it · 2026-06-30
No pledge
Promoter
67.5%
FII / Foreign
7.3%
DII / Domestic
2.9%
Retail / others
22.4%
Promoter stake up 20.8% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtManas Ranjan Bhattacharya · Other10,000 · ₹14.3 L14 Sep 16
Bulk / block deals
short · NSE103 Sep 26
short · NSE1018 Aug 26
short · NSE128 Jul 26
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Special shareholder meeting · 17 Aug 2026
See the official result
1
Approval for raising of capital from eligible investors through an issuance of equity shares and/or other eligible Securities in one or more tranches.
Backed by 91% of shareholders other than promotersneeded 75%
1.35 cr votes for, 12.91 L against · 9% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 2 named members
owning 67.5% between them · as of 2026-06-30
RENEW EXIM DMCC67.46%
Valiant Investment DMCCno shares
Business done with them
FY2026 · 1 of the group
The company paid ₹23 cr to companies in the promoter group last year — about 0.2% of its ₹10,061 cr revenue.
Renew Exim DMCC
Other payments to them · AS PER RPT
also owns 67.46% of the company
₹23 cr
company paid

The company also transacted with 43 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.