ITD Cementation India Limited has informed the Exchange regarding a press release dated Jun 19, 2025, titled "ITD Cementation India Limited Secured two new Contracts worth Rs 960 Crore excluding GST".
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On the reaction day the stock moved 0.6 pts less than Nifty Smallcap 250 and 0.9 pts less than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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ITD Cementation India Limited has won two new contracts worth approximately Rs 960 crore (excluding GST). The first contract is for construction of various project works at Trivandrum International Airport in Kerala. The second contract is for construction of a multi-storied commercial building in Kolkata, West Bengal. The company, which operates in heavy civil, infrastructure, and EPC segments including airports, transit systems, and buildings, confirmed these are part of its ordinary course of business. The order size is sizeable relative to the company's annual revenue base, pointing to healthy order inflow momentum.
Positive for shareholders — the Rs 960 crore order win meaningfully boosts the company's order book and reflects strong business traction. The mix of airport infrastructure and commercial building orders diversifies revenue contribution and supports near-term revenue visibility.