CEMPRONSECemindia Projects LimitedHighNeutral
Announced Wed, 29 Apr · 21:25 IST

Cemindia Projects Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

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

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AI summary

Cemindia Projects Limited (formerly ITD Cementation India Limited) announced its audited financial results for Q4 and FY26, with the board approving results that show strong growth. Standalone revenue from operations rose to ₹9,982.72 Cr in FY26 from ₹9,246.16 Cr in FY25 (~8% growth), while standalone net profit jumped to ₹593.66 Cr from ₹372.80 Cr (~59% growth). Consolidated revenue grew to ₹10,060.58 Cr with net profit at ₹597.73 Cr. Q4 standalone revenue was ₹2,906.96 Cr vs ₹2,532.34 Cr in Q4 FY25. The board declared no dividend for FY26. Operating cash flow improved sharply to ₹490.43 Cr (from ₹184.28 Cr in FY25). A one-time charge of ₹16.18 Cr was taken for implementation of new Labour Codes. The 48th AGM is scheduled for June 27, 2026.

Likely market impact

Strong earnings growth with PAT up nearly 60% YoY and robust operating cash flow generation signal healthy business momentum, likely to be viewed positively by investors. However, absence of any dividend despite strong profits may temper sentiment. The mid-year change of statutory auditors to Price Waterhouse (after prior auditor's resignation) and the company name change to Cemindia Projects are notable governance changes worth tracking.