CEMPRONSECemindia Projects LimitedMediumNeutral
Announced Wed, 29 Apr · 22:02 IST

Cemindia Projects Limited has informed the Exchange regarding a press release dated April 29, 2026, titled "e) Press Release on Audited Financial Results for the quarter and year ended 31st March, 2026.".

Pat Growth 25pctEbitda Margin ExpansionAuditor Mid Year ChangeResults View source PDF

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AI summary

Cemindia Projects Limited (formerly ITD Cementation India Limited) announced its audited results for Q4 and full year ended March 31, 2026. Standalone revenue from operations rose to ₹9,982.72 crores (up about 8% from ₹9,246.16 crores a year ago), while net profit jumped to ₹593.66 crores (up roughly 59% from ₹372.80 crores). Consolidated revenue was ₹10,060.58 crores and net profit ₹597.73 crores, with EPS of ₹34.79. Operating cash flow improved sharply to ₹490.43 crores versus ₹184.28 crores last year. Price Waterhouse Chartered Accountants LLP issued a clean (unmodified) audit opinion, having taken over as statutory auditors in November 2025 after the previous auditors resigned. The Board also did not propose any dividend, appointed a new Independent Director, and approved a 5-year reappointment of Price Waterhouse as statutory auditor subject to shareholder approval.

Likely market impact

Strong earnings growth and improved cash generation are positive signals for shareholders, though the absence of a dividend and a recent auditor change (which was due to a casual vacancy) may attract some attention. Overall, the clean audit report and sharp jump in profitability are supportive of the stock narrative.