āagman

Not investment advice. Data and computed figures, for information only.

Cemindia Projects Ltd

NSE: CEMPRO
₹1,221.40
+₹67.90 (+5.89%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹19,328 Cr
CMP
₹1,221.40
52-wk High / Low
₹1,649 / 503
P/E
32.1
P/B
8.0
Book Value
₹140.0
Div Yield
0.27%
ROCE
33.0%
ROE
27.8%
Face Value
₹1
D/E
0.42

Price+49.3% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 13 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
5
/ 9
5 of 9 F-score tests passed
Graham Number
₹331
√(22.5 × EPS × book value per share)
ROIC
18.3%
vs 11.1% sector median
Cash flow to profit
0.84
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+79
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
25.4%
ROE × earnings retention ratio
ROE stability
6.9
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII −0.66DII +2.85
Latest quarter vs the previous one
Cash-accrual divergence
1.5%
of assets
Low = accruals track cash flow
Strengths
+Price trades above its 200-day moving average (1.3x)
+Promoter holding rose by 20.8pp over the last year
Watch-outs
−Borrowings are up 181.2% since FY2016 (356 to 1001)
−Annualised volatility of 51.3% is in the high band (≥45%)

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,8331,6102,0172,2582,3811,9912,2702,5322,5762,1952,3152,9732,721
Expenses1,6711,4521,8122,0372,1601,8092,0632,2772,3361,9932,0942,6162,446
Operating Profit162158205221221182207255240202222358275
OPM %8.8%9.8%10.2%9.8%9.3%9.1%9.1%10.1%9.3%9.2%9.6%12.0%10.1%
Other Income13141522162310162041239210
Interest51525857535759625053506150
Depreciation45535654494745514143433943
Profit before tax7968106130135100113157169146152350192
Net Profit525479901007287113137108111242141
EPS (₹)3.043.124.565.215.834.195.076.607.996.276.4614.108.20

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Dec 2014Dec 2015Dec 2016Dec 2017Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,6522,8922,9382,0613,1702,8612,7283,8095,0917,7189,24610,06110,205
Expenses1,5612,7002,7261,7962,8432,5232,5153,5164,6916,9738,3869,0459,149
Operating Profit911922122643273382132934007458601,0161,056
OPM %5.5%6.6%7.2%12.8%10.3%11.8%7.8%7.7%7.9%9.7%9.3%10.1%10.3%
Other Income114−10223714−104545636478183167
Interest1361388988124130138142165218236215215
Depreciation4337465882137100103114208194166167
Profit before tax27−8599126134602094184383508818841
Net Profit19−59517383441669125274373598602
EPS (₹)1.25−3.823.284.694.772.510.924.017.2315.9321.7034.7935.03

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Dec 2014Dec 2015Dec 2016Dec 2017Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital161616161717171717171717—
Reserves5524935366021,0041,0351,0491,1141,2201,4771,8162,382—
Borrowings7656013564895325394585607668899931,001—
Other Liabilities8621,3369731,2821,0441,5331,6691,9253,0133,5343,0263,686—
Total Liabilities2,1952,4451,8812,3882,5973,1253,1923,6165,0175,9175,8527,086—
Fixed Assets3353493854625296246016558471,0811,0771,168—
CWIP3363875532117102122—
Investments0011125519411345500—
Other Assets1,8562,0931,4891,8872,0602,2412,3442,8474,0074,8214,7535,897—
Total Assets2,1952,4451,8812,3882,5973,1253,1923,6165,0175,9175,8527,086—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Dec 2014Dec 2015Dec 2016Dec 2017Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity4446532668−134447191339471704184500
Cash from Investing Activity−38−104−20−157−133−87−51−25−438−419−233−147
Cash from Financing Activity−4−302−22240244−212−250−5628−123−218−243
Net Cash Flow15983−49−24147−11025861162−267110

Ratios

As of 31 Mar 2026
12 periods
Dec 2014Dec 2015Dec 2016Dec 2017Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %5.014.019.024.020.015.010.014.019.027.028.033.0
ROE %———————————27.8
EPS (₹)1.25−3.823.284.694.772.510.924.017.2315.9321.7034.79
Book Value (₹)———————————140.0
Face Value (₹)———————————1
P/E———————————32.1
Div Yield %———————————0.27
NPM %1.1−2.11.73.52.61.50.61.82.43.54.05.8
OPM %6.07.07.013.010.012.08.08.08.010.09.010.0
D/E1.351.180.640.790.520.510.430.500.620.600.540.42
P/B———————————8.0

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+13.0%
5 years+30.0%
3 years+25.0%
TTM+9.0%
Compounded profit growth
10 years+27.0%
5 years+112.0%
3 years+68.0%
TTM+47.0%
Stock price CAGR
10 years+23.0%
5 years+68.0%
3 years+73.0%
Last year+38.0%
Return on equity
10 years15.0%
5 years19.0%
3 years24.0%
Last year28.0%

Shareholding pattern

As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters51.63%51.63%51.63%46.64%46.64%46.64%46.64%46.64%46.64%46.64%46.64%67.46%67.46%
FIIs2.69%2.69%2.69%2.98%4.59%6.79%10.91%10.50%12.23%17.08%13.95%7.31%6.65%
DIIs23.62%23.62%23.62%29.24%28.07%25.44%20.33%12.31%5.07%1.82%6.14%1.94%4.79%
Government—————————————
Public22.06%22.06%22.06%21.14%20.70%21.13%22.13%30.55%36.05%34.46%33.28%23.28%21.10%
No. of shareholders22,55222,55222,55231,19335,22035,83444,24555,39049,85878,3471,02,14090,7821,02,707
Change since Jun 2023 (pp)
Promoters +15.83FIIs +3.96DIIs −18.83Public −0.96

Documents

As of 11 Oct 2026
Announcements
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Closure of Trading WindowDisclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015.Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationDisclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 As Amended
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Aug 2026PPTAug 2026RecordingJul 2026PPTMay 2026TranscriptMay 2026PPTMay 2026RecordingFeb 2026TranscriptFeb 2026PPTOct 2025TranscriptOct 2025PPT

Corporate actions

As of 12 Jun 2026
12 Jun 2026DIVIDENDDividend - Rs 3 Per Share—
31 Jul 2025DIVIDENDDividend - Rs 2 Per Share—
21 Aug 2024DIVIDENDAnnual General Meeting/Dividend - Rs 1.70 Per Share—
21 Aug 2023DIVIDENDAnnual General Meeting/Dividend - Rs 0.75 Per Share—
14 Sep 2022DIVIDENDAnnual General Meeting/Dividend - Re 0.45 Per Share—
14 Sep 2021DIVIDEND Annual General Meeting/Dividend - Rs 0.12 Per Share—
15 Sep 2020DIVIDEND Annual General Meeting/Dividend - Rs 0.30 Per Share—
31 Jul 2019DIVIDEND Annual General Meeting/Dividend - Rs 0.40 Per Share—
2 May 2018DIVIDEND Annual General Meeting/ Dividend - Re 0.40 Per Share—
3 May 2017DIVIDEND Annual General Meeting/Dividend - Re 0.30 Per Share—
21 Aug 2015SPLIT Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Share10 : 1
28 Apr 2014DIVIDENDAnnual General Meeting/Dividend Re 1/- Per Share—
30 Apr 2013DIVIDENDAnnual General Meeting/Dividend Rs 2 Per Share—
25 Apr 2012DIVIDENDAnnual General Meeting And Dividend Rs.2/- Per Share—
19 Apr 2011DIVIDENDAnnual General Meeting And Dividend Rs. 1.50 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman