Cemindia Projects share price
NSE: CEMPROBSE: 509496ConstructionSmall Cap
Share price at the NSE close on 27 Oct 2026. Previous close ₹1,131.80.
27 Oct: open ₹1,144.00, high ₹1,209.60, low ₹1,131.40
- Next results date: the board meets on 5 Nov 2026 to consider: financial results. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹22,201 Cr472nd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 36.91
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- Shares changed
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.25%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 28.4%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 27.3%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.36
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 3,61,15347.6% delivered
About Cemindia Projects
Cemindia Projects Limited is a construction company that builds large infrastructure. It takes on large, complex projects for government bodies, public sector undertakings and private sector clients.
Its work covers maritime structures, metro rail, airports, highways, bridges and flyovers, industrial structures and buildings, hydro dams, tunnels and irrigation, water and wastewater, foundation and specialist engineering, and data centres. It has recently begun turnkey data centre work, using its in-house electromechanical capabilities. Its equipment fleet includes tunnel boring machines, trench cutters, jack-up barges, batching plants and hydraulic piling rigs. The company has 3,187 permanent employees. It has one wholly-owned subsidiary, which is not listed.
The company works across 16 states in India. It also undertakes projects in Bangladesh, Sri Lanka and the UAE. Its projects include a rubble mound breakwater at Vizhinjam port in Kerala.
It was incorporated in 1978 and is registered in Maharashtra. Until May 2025 its promoter was Italian-Thai Development Public Company Limited. A promoter is the person or group that set up a company or controls it. In 2025 Italian-Thai sold its entire shareholding, 46.64% of the voting share capital, to Renew Exim DMCC, a company belonging to the Adani Group. Renew Exim DMCC then made an open offer to the public shareholders and acquired a further 20.83% of the voting share capital. It became the promoter with effect from 28 May 2025, and the company is now part of the Adani Group.
Written from the annual report for the year to Mar 2026, filed 29 May 2026 and the investor presentation.
Sources for 27 statements, each with its page
- It undertakes large, complex construction projects. Annual report, page 86
- Clients include government bodies. Annual report, page 9
- Clients include public sector undertakings. Annual report, page 9
- Clients include private sector players. Annual report, page 9
- Work covers maritime structures and metro rail. Annual report, page 5
- Work covers airports, highways, bridges and flyovers, industrial structures. Annual report, page 5
- Work covers buildings, hydro dams, tunnels. Annual report, page 5
- Work covers irrigation, water and wastewater, foundation. Annual report, page 5
- Work covers specialist engineering and data centres. Annual report, page 5
- 3,187 permanent employees. Annual report, page 10
- One wholly-owned unlisted subsidiary. Annual report, page 120
- Operates across 16 states in India. Annual report, page 11
- Undertakes projects in Bangladesh, Sri Lanka and UAE. Annual report, page 11
- Incorporated in 1978 (from CIN). Annual report, page 125
- Registered in Maharashtra. Annual report, page 125
- Italian-Thai Development Public Company Limited was the erstwhile promoter and divested its entire shareholding. Annual report, page 58
- The sold stake was 46.64% of the voting share capital. Annual report, page 73
- Buyer was Renew Exim DMCC, a company belonging to the Adani group. Annual report, page 58
- Renew acquired a further 20.83% from public shareholders after an open offer. Annual report, page 58
- Renew became promoter with effect from 28 May 2025. Annual report, page 58
- The company is now part of the Adani Group. Annual report, page 58
- Entered turnkey data centre solutions with in-house electromechanical capabilities. Annual report, page 4
- Equipment fleet includes jack-up barges, batching plants. Annual report, page 9
- Equipment fleet includes hydraulic piling rigs. Annual report, page 9
- Equipment fleet includes tunnel boring machines and trench cutters. Annual report, page 9
- Equipment fleet includes trench cutters. Annual report, page 9
- Rubble mound breakwater at Vizhinjam port in Kerala. Annual report, page 3
Results
Consolidated; ₹ crore.Cemindia Projects quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +10.0%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +46.8%
Quarter to Jun 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹2,721 Crdown 8.49%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹141 Crdown 41.85%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 5.2%
Revenue by quarter
Net profit by quarter, a loss in red
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,991 | 2,245 | 2,480 | 2,542 | 2,175 | 2,315 | 2,973 | 2,721 |
| Net profit | 72 | 87 | 114 | 137 | 108 | 111 | 242 | 141 |
| Net margin | 3.6% | 3.9% | 4.6% | 5.4% | 5.0% | 4.8% | 8.1% | 5.2% |
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹10,061 Crup 10.59%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹598 Crup 60.11%
- Net margin
- 5.9%
Revenue by year
Net profit by year, a loss in red
The company moved its year end from December to March: its last year to December on record ended in Dec 2017, its first year to March in Mar 2020.
| ₹ crore | Dec 2016 | Dec 2017 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3,090 | 2,061 | – | 2,861 | 2,728 | 3,809 | 5,091 | 7,718 | 9,097 | 10,061 |
| Net profit | 48 | 73 | – | 44 | 16 | 69 | 125 | 274 | 373 | 598 |
| Net margin | 1.6% | 3.5% | – | 1.5% | 0.6% | 1.8% | 2.5% | 3.6% | 4.1% | 5.9% |
Business segments
In the year to Mar 2026 the company reports one business segment, Construction, which carries all its revenue.
Valuation
Today, against the company's own history. Not shown, P/B: the share count changed after the latest balance sheet (a rights issue, a buyback, an allotment or a listing), which does not yet hold the money it brought or returned.Cemindia Projects PE ratio and valuation
At or below today's level on 80% of 2,344 trading days over the last 10 years.
At or below today's level on 43% of 2,443 trading days over the last 10 years.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −7.7% | +60.3% | −42.8% | 0.6% |
| 3 years | +70.3% | +68.8% | +0.6% | 0.5% |
| 5 years | +46.3% | +106.8% | −29.5% | 0.6% |
Mutual fund holdings
82 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 45 of the 53 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.All 82 funds holding Cemindia Projects
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 3
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 1
- AddedAdded. Funds that held more shares than at the end of the month before.
- 22
- CutCut. Funds that held fewer shares than at the end of the month before.
- 31
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 25
| Fund | |||
|---|---|---|---|
 Motilal Oswal Large and Midcap FundMotilal Oswal Mutual Fund | 23,40,202 | 1.41% | ₹279.0 Cr |
| Motilal Oswal ELSS Tax Saver FundMotilal Oswal Mutual Fund | 6,37,164 | 1.55% | ₹76.0 Cr |
| Motilal Oswal Active Momentum FundMotilal Oswal Mutual Fund | 4,40,096 | 3.85% | ₹52.5 Cr |
 TRUSTMF Small Cap FundTrust Mutual Fund | 3,66,388 | 1.13% | ₹43.7 Cr |
 Union Flexi Cap FundUnion Mutual Fund | 3,30,000 | 1.70% | ₹39.3 Cr |
 ITI Small Cap FundITI Mutual Fund | 2,68,801 | 0.87% | ₹32.0 Cr |
 Tata Infrastructure FundTata Mutual Fund | 2,50,000 | 1.50% | ₹29.8 Cr |
| Union Small Cap FundUnion Mutual Fund | 2,27,777 | 0.99% | ₹27.2 Cr |
 Bank of India Small Cap FundBank of India Mutual Fund | 2,00,368 | 0.65% | ₹23.9 Cr |
| Bank of India Flexi Cap FundBank of India Mutual Fund | 1,80,000 | 0.69% | ₹21.5 Cr |
Cemindia Projects competitors and peers
Civil Construction, 169 listed companies, priced on 27 Oct 2026. The table lists the 8 companies closest to Cemindia Projects in market cap.Construction companies
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
 Larsen & ToubroLT | 5,04,279 | 28.23 | 4.46 | +11.1% | +8.9% | 16.7% | 9.2% | 1.04% |
 Rail Vikas NigamRVNL | 37,739 | 41.95 | 3.84 | +5.4% | −24.5% | 9.3% | 5.8% | 0.94% |
 Kalpataru Projects InternationalKPIL | 22,407 | 19.72 | 2.88 | +14.6% | +60.9% | 15.9% | 15.9% | 0.84% |
 IRB Infrastructure DevelopersIRB | 19,083 | 20.00 | – | −2.2% | −85.4% | 4.7% | 7.3% | 1.08% |
 NBCC (India)NBCC | 19,035 | 25.63 | 6.31 | +3.5% | +30.6% | 27.0% | 20.0% | 1.33% |
 Engineers IndiaENGINERSIN | 14,062 | 17.93 | 4.47 | +16.3% | +41.6% | 27.0% | 22.5% | 2.00% |
 Techno Electric & Engineering CompanyTECHNOE | 9,634 | 22.35 | 2.32 | +38.7% | −6.5% | 10.9% | 10.6% | 0.85% |
 RITESRITES | 9,500 | 22.76 | 3.54 | +10.6% | +7.9% | 15.7% | 17.4% | 4.07% |
Dividends
Per share, by the year it was paid for, and the latest payments.Cemindia Projects dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossary| Ex-date | Type | Per share |
|---|---|---|
| 12 Jun 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹3.00 |
| 31 Jul 2025 | Final | ₹2.00 |
| 21 Aug 2024 | Final | ₹1.70 |
| 21 Aug 2023 | Final | ₹0.75 |
| 14 Sep 2022 | Final | ₹0.45 |
| 14 Sep 2021 | Final | ₹0.12 |
Latest announcements
Routine notices left out.Cemindia Projects announcements
Oct 2026
27 Oct · Board meeting
14 Oct · Rating
14 Oct · General Updates
Cemindia Projects share price by year
Each calendar year to 2025.Cemindia Projects share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 788.35 | +46.5% | 934.50 | 481.15 |
| 2024 | 538.15 | +88.4% | 645.05 | 269.15 |
| 2023 | 285.65 | +139.8% | 295.00 | 95.10 |
| 2022 | 119.10 | +47.8% | 143.75 | 56.95 |
| 2021 | 80.60 | +21.0% | 94.40 | 62.75 |
| 2020 | 66.60 | +20.2% | 66.75 | 27.05 |
| 2019 | 55.40 | −50.8% | 135.85 | 36.55 |
| 2018 | 112.50 | −48.4% | 219.50 | 99.05 |
| 2017 | 217.95 | +46.1% | 218.95 | 147.65 |
| 2016 | 149.20 | +36.4% | 158.85 | 88.10 |
Recent sessions
The 9 trading days to 26 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 26 Oct 2026 | 1,125.00 | 1,138.80 | 1,103.50 | 1,131.80 | 1,122.08 | 2,86,182 | 33.3% |
| 23 Oct 2026 | 1,135.00 | 1,174.00 | 1,066.00 | 1,149.90 | 1,113.19 | 8,80,470 | 42.0% |
| 22 Oct 2026 | 1,160.50 | 1,165.00 | 1,127.50 | 1,132.40 | 1,140.61 | 7,68,275 | 62.6% |
| 21 Oct 2026 | 1,180.60 | 1,185.00 | 1,136.50 | 1,168.70 | 1,152.68 | 2,11,129 | 46.9% |
| 19 Oct 2026 | 1,193.00 | 1,204.20 | 1,163.70 | 1,168.80 | 1,177.46 | 4,11,014 | 50.4% |
| 16 Oct 2026 | 1,221.40 | 1,225.90 | 1,157.00 | 1,197.70 | 1,179.73 | 6,11,680 | 45.7% |
| 15 Oct 2026 | 1,190.20 | 1,268.80 | 1,168.00 | 1,221.40 | 1,226.84 | 20,48,835 | 37.5% |
| 14 Oct 2026 | 1,160.00 | 1,199.00 | 1,146.00 | 1,153.50 | 1,166.49 | 5,74,267 | 47.1% |
| 13 Oct 2026 | 1,170.00 | 1,179.00 | 1,101.30 | 1,138.80 | 1,136.29 | 3,94,625 | 41.2% |
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Stock split history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 21 Aug 2015 | Split | 0.1000 | Each share became 10. |
| 30 Oct 2007 | Rights issue | – | Shareholders were offered new shares. Noted, not adjusted for. |
| 30 Oct 2007 | Price move | – | A corporate action went ex within three days of this move (Rights-Eq 1:1@Prem Rs.415, ex-date 30 Oct 2007), and its terms do not account for the move. Not adjusted for. |
Company details
- NSE symbol
- CEMPRO
- BSE code
- 509496
- ISIN
- INE686A01026
- Industry
- Construction
- Former symbols
- ITDCEM, TRAFALHSE
- Website
- www.cemindia.co.in
- CIN
- L61000MH1978PLC020435
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1978
- Registered office
- 9th Floor, Prima Bay, Tower B, Gate No. 5, Saki Vihar Road, Powai, Mumbai 400072, Maharashtra
- Share registrar
- KFin Technologies Ltd
- Keeps the register of shareholders and handles transfers and dividend payments