BSE: 538596
CEMANTIC INFRA-TECH LIMITED
Operates across two reporting segments—Construction and IT/IT Products—within the residential and commercial realty industry. According to filings, the company (formerly Quantum Build-Tech Limited) reported zero revenue from operations for FY 2025-26, with total income of just Rs 0.30 lakhs from other income, and a net loss of Rs 37.18 lakhs. The Construction segment has historically been the primary area, while the IT/IT Products segment recorded minimal revenue of Rs 0.1281 crore in some earlier quarters. At the 27th AGM held on 29 September 2025, management indicated plans to explore strategic tie-ups and investments in land parcels and infrastructure projects. The balance sheet shows severely eroded shareholder equity, with negative other equity of Rs 2,276.50 lakhs, short-term borrowings of Rs 265.70 lakhs, and cash reserves of only Rs 0.94 lakhs. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Construction, IT/IT Products. Dormant realty/IT company with no revenue from operations and accumulated losses exceeding share capital
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 |
| EBITDA (ex other income) | (0) | (0) | (0) | (0) | (0) |
| margin % | — | — | — | — | — |
| Owners' profit | (1) | (0) | (0) | (0) | (0) |
| EPS, as reported (₹) | (0.20) | (0.16) | (0.12) | (0.12) | (0.14) |
| ROE % · ROCE % | (13.9) · (13.8) | (12.0) · (12.0) | (10.0) · (10.0) | (11.5) · (11.3) | (16.2) · (14.4) |
| Debt / equity (x) | 0.36 | 0.48 | 0.61 | 0.86 | 1.15 |
| Cash from operations | (0) | (0) | (0) | (0) | (0) |
| Capex | 0 | 0 | 0 | 0 | 0 |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | (0) | (0) | (0) | (0) | (0) | (0) | (0) | (0) |
| Net profit | (0) | (0) | (0) | (0) | (0) | (0) | (0) | (0) |
| EPS (₹) | (0.04) | (0.03) | (0.02) | (0.03) | (0.04) | (0.04) | (0.02) | (0.04) |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| KESAR INDIA LIMITED | 3,089 | 82.0 | 12.40 | 67.0 | 12.0 | 15.2 | — | 26.9 |
| MEGHNA INFRACON INFRA L | 1,460 | 215.4 | 54.28 | 143.3 | 20.8 | 33.9 | — | 15.3 |
| India Homes Limited | 1,015 | — | 27.41 | — | (31.0) | (17.8) | — | — |
| B-RIGHT REALESTATE LIMITED | 954 | 26.6 | — | — | — | 19.2 | — | — |
| SHRADDHA PRIME PROJECTS L | 666 | 11.9 | 4.88 | 11.3 | 39.1 | 20.2 | — | 16.1 |
| YOGI LTD. | 656 | 31.5 | 4.61 | 25.6 | 14.9 | 15.6 | — | 5.1 |
| HAZOOR MULTI PROJECTS LTD | 409 | 5.5 | 0.66 | 3.1 | 6.8 | 5.8 | — | 86.5 |
| RDB INFRASTRUCTURE AND POWER L | 340 | 17.3 | 1.28 | 21.5 | 4.7 | 5.7 | 16.3 | 23.7 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/B | 6.1 | 1.1 | 61 of 70 | 13% |
| ROCE | (16.2) | 1.9 | 83 of 88 | 6% |
| ROE | (16.2) | 1.6 | 70 of 73 | 4% |
| Debt / Equity | 1.1 | 0.3 | 57 of 73 | 22% |
| Profit growth | (49.3) | (48.8) | 41 of 79 | 49% |
| Market cap | 14 | 30 | 64 of 88 | 28% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 13 Oct 2026 · RTA Compliance Filing: No Shares Dematerialized in Quarter Ended Sep 30, 2026 | compliance | minimal | — | — |
| 30 Sept 2026 · Trading Window Closed from Oct 1 Until Q2 Results Announcement | compliance | minimal | — | — |
| 29 Sept 2026 · Delay in filing AGM voting results due to NCLT pending case | regulatory legal | high | — | — |
| 26 Sept 2026 · 28th AGM Voting Results Kept in Abeyance Pending NCLT Order | board shareholder meetings | low | — | — |
| 26 Sept 2026 · NCLT adjourns petition hearing to Nov 25; no interim relief granted to petitioners | regulatory legal | high | — | — |
| 25 Sept 2026 · 28th AGM concludes; loss widens to Rs 37.18 lakh; legal case disclosed | board shareholder meetings | low | — | — |
| 25 Sept 2026 · NCLT petition filed against Cemantic Infra-Tech over director removal | regulatory legal | high | — | — |
| 4 Sept 2026 · Notice of 28th AGM, E-voting and Book Closure | compliance | minimal | — | — |
| 3 Sept 2026 · FY2025-26 Annual Report: No Revenue, Wider Loss | compliance | low | — | — |
| 3 Sept 2026 · 28th AGM scheduled on September 25, 2026 via video conferencing | board shareholder meetings | low | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.