Cemindia Projects FY2026: Revenue tops ₹10,159 cr

FY2026 numbers put the focus on execution

Cemindia Projects Ltd reported a sharp rise in FY2026 earnings, with total income crossing the ₹10,000 crore mark. Total income for FY2026 stood at ₹10,159.17 crore, according to the figures shared in the update. Net profit rose to ₹593.66 crore, up from ₹372.80 crore in FY2025, indicating a meaningful improvement in profitability year-on-year. The company’s earnings per share (EPS) increased to ₹34.56 from ₹21.70 over the same period. Alongside the annual performance, the company lined up formal investor communication, including a board meeting to approve audited results and an earnings call to discuss them.

Cemindia Projects, earlier known as ITD Cementation India Ltd, operates in heavy civil and infrastructure construction. The company’s work spans areas such as maritime structures, mass transit, and highways, placing it in segments where project execution timelines and working capital discipline often influence reported numbers. The latest FY2026 outcome comes amid commentary in the update that project delays affected revenue growth, even as the order pipeline remained strong.

FY2026 financial performance: income and profit rise

The headline number for FY2026 was total income of ₹10,159.17 crore. Net profit for the year came in at ₹593.66 crore compared with ₹372.80 crore in FY2025. This change in net profit implies a stronger year for the company at the bottom line, supported by a higher EPS of ₹34.56 versus ₹21.70.

The update also referenced total comprehensive income growth, but the figure was not provided in the shared text. As a result, the measurable focus remains on the disclosed income, net profit, and EPS, which will likely be central to the audited results discussion.

Order book remains a key data point

Cemindia Projects disclosed a strong order book position in the FY2026 context. The update cited a total order book of ₹21,800 crore, along with ₹11,700 crore in new orders for the year. A separate update around Q3 FY26 provided a more specific order book number as of December 31, 2025, at ₹21,879 crore. During Q3 FY26, new orders secured were reported at ₹3,535 crore.

These order book disclosures matter because they signal revenue visibility for an engineering and construction business where quarterly revenue can be affected by project site readiness, approvals, and timing of billings. The company also attributed revenue growth impact to project delays, reinforcing the link between execution cadence and reported performance.

Board meeting on April 29 to approve audited results and consider dividend

Cemindia Projects scheduled a board meeting for April 29, 2026 to consider and approve audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The same board meeting agenda also included a potential dividend recommendation, as indicated in the update.

For investors, the April 29 meeting serves as the formal checkpoint for audited financial statements. Any dividend recommendation, if made, typically becomes a key near-term corporate action that shareholders track after the annual results process.

FY2026 results conference call on April 30: key details

The company set an earnings conference call for Thursday, April 30, 2026 at 10:00 AM IST to discuss the audited financial results for the quarter and year ended March 31, 2026. The call is organised by ICICI Securities.

Key participants listed for the call include Managing Director Mr. Jayanta Basu, CFO Mr. Nitesh Sharma, and Head of Investor Relations Mr. Rahul Agarwal. The format gives investors and analysts a direct channel to ask questions on financial performance, project execution, and order inflows.

Quarterly context: Q3 and Q2 FY2026 disclosures

In Q3 FY26, Cemindia Projects reported revenue of ₹2,315 crore, up 2.0% year-on-year. Revenue for the nine months ended December 31, 2025 was reported at ₹7,087 crore, up 5.6%. Q3 FY26 EBITDA was reported at ₹245 crore.

For Q2 FY26, the company reported revenue from operations of ₹2,175 crore, EBITDA of ₹242 crore, and profit after tax (PAT) of ₹108 crore, with PAT up 49% year-on-year. The company also reported new orders of ₹3,258 crore in Q2 FY26 and total orders of ₹6,189 crore in H1 FY26. As of September 30, 2025, the order book was reported at ₹20,646 crore.

Auditor transition: Price Waterhouse appointed after resignation

The company changed its statutory auditors after the resignation of T R Chadha & Co LLP. The resignation was effective November 5, 2025, and was described as linked to alignment with Adani Group processes for appointing globally affiliated audit firms for major listed companies.

Price Waterhouse Chartered Accountants LLP was appointed as replacement auditor to fill the vacancy and to conduct the audit for financial year 2025-26, with the term running until the 48th AGM in 2026, subject to member approval. In a separate postal ballot notice context, the appointment was placed for shareholder approval at a fee of ₹140 lakh plus taxes.

Shareholder approvals: postal ballot passes with 99.9995% support

Cemindia Projects completed its postal ballot process with overwhelming shareholder approval. Results were declared on January 27, 2026, following an e-voting period from December 28, 2025 to January 26, 2026. The company reported 96,666 shareholders on record.

Two resolutions were approved: an ordinary resolution for appointment of Price Waterhouse Chartered Accountants LLP as statutory auditors, and a special resolution to ratify a compliance certificate related to the company’s name change from ITD Cementation India Ltd to Cemindia Projects Ltd under SEBI listing regulations.

Leadership update: demise of an independent director

Cemindia Projects announced the demise of Independent Director Mr. Pankaj Inderchand Jain on March 12, 2026. He served the company since October 2018 and was reappointed for a second term starting October 31, 2023. The announcement provides an important governance update for shareholders, particularly given his independent director role.

What investors will watch from the audited results discussion

The audited results and the conference call are positioned as the next major disclosure points after the FY2026 performance figures. With project delays cited as affecting revenue growth, investors typically use the audited pack and the management interaction to understand the timing of execution and how the order book converts into billed revenue.

The order book, new order inflows, and quarterly profitability metrics disclosed through FY2026 updates together frame the near-term operational narrative. Any dividend recommendation, if announced after the April 29 board meeting, will also be an immediate point of attention given its direct shareholder relevance.

Conclusion

Cemindia Projects’ FY2026 performance showed total income of ₹10,159.17 crore and net profit of ₹593.66 crore, alongside higher EPS of ₹34.56. The company has scheduled a board meeting on April 29, 2026 to approve audited results and consider a dividend, followed by a results conference call on April 30, 2026 at 10:00 AM IST to discuss the audited numbers and business updates.