CEMPRONSECemindia Projects LimitedHighNeutral
Announced Wed, 29 Apr · 21:58 IST

Cemindia Projects Limited has informed the Exchange regarding the Amendment to AOA/MOA of the company.

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

CEMPRO · price

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Price reaction · full curve 14 horizons · vs prior close
+37.6%1-day move
₹679.45
prior close
₹738.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+2.7+3.4+3.1+4.2+37.6+34.7+38.8+43.2+40.6+31.4+26.6+57.7+91.5
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AI summary

Cemindia Projects Limited (formerly ITD Cementation India Limited) reported strong FY2026 results with standalone revenue of Rs 9,982.72 Crores (up 8% from Rs 9,246.16 Crores) and net profit of Rs 593.66 Crores (up 59% from Rs 372.80 Crores). The company also announced appointment of Mr. Abizer Shabbir Diwanji as Additional Non-Executive Independent Director for 3 years, and reappointed Price Waterhouse Chartered Accountants LLP as Statutory Auditors for 5 years. The Board approved alteration of Article 131 of the Articles of Association to provide greater flexibility in document execution. No dividend was proposed for FY2026. The auditors issued an unmodified (clean) opinion on the financial statements.

Likely market impact

The 59% surge in net profit with 8% revenue growth signals strong operational efficiency improvement. The clean audit opinion and appointment of a Big 4 auditor with restructuring expertise may boost investor confidence. No dividend decision could be neutral to short-term shareholder returns.