Cemindia Projects Reports ₹31,307 Crore Record Order Book
Key highlights
- Cemindia Projects reported a record ₹31,307 crore order book in Q1 FY27.
- FY26 revenue rose 9% year on year to ₹10,061 crore.
- FY26 EBITDA increased 28% to ₹1,199 crore and profit after tax rose 60% to ₹598 crore.
- Cemindia Projects reported net debt-to-EBITDA of 0.44 times in FY26.
powered by IRIS

Cemindia Projects Limited reported a record order book of ₹31,307 crore as of Q1 FY27, supported by expansion across eight infrastructure sectors and FY26 revenue growth of 9% to ₹10,061 crore. The backlog provides a view of the company’s project pipeline as it pursues its stated ambition of becoming one of India’s top three EPC players.
Know Cemindia Projects inside out
Results, valuation, peers and who's buying, in one view.
What did Cemindia Projects report in its investor presentation?
Cemindia Projects reported that its order book reached ₹31,307 crore in Q1 FY27, the highest level in its history. The company said the order book had doubled over the last four years and recorded a 14% compound annual growth rate over seven years. It also cited strong order inflows in FY26 and the first quarter of FY27.
The presentation outlined a business spanning eight sectors: maritime, urban infrastructure, highways, water, data centres and hydro projects, among others. Cemindia Projects said it had more than 80 projects under execution across India and overseas markets including the UAE, Bangladesh and Sri Lanka. The company identified the Udangudi Marine Project and Nagpur Elevated Metro among its notable projects.
The operational update followed an investor presentation filed with the stock exchanges on 28 July 2026, covering unaudited financial results for the quarter ended 30 June 2026. A later investor-presentation summary dated 9 September 2026 highlighted the record order book, broader sector presence and recent overseas expansion.
Cemindia Projects has also scheduled an institutional investors meet on 21 September 2026 in Mumbai, organised by Anand Rathi in physical mode. The company’s next earnings report is scheduled for 5 November 2026, according to the information provided in the source material.
How did Cemindia Projects perform financially in FY26?
Cemindia Projects recorded FY26 revenue of ₹10,061 crore, up 9% year on year, while EBITDA rose 28% to ₹1,199 crore. Profit after tax increased 60% year on year to ₹598 crore, according to the investor-presentation summary.
The faster growth in EBITDA and profit than revenue was a key feature of the reported FY26 figures. However, the presentation summary does not provide a detailed break-up of costs, project margins or segment-wise profitability. The available information therefore establishes the reported growth rates without attributing them to specific contract types or operating factors.
The company also reported an improvement in its net debt-to-EBITDA ratio to 0.44 times in FY26. CARE and ICRA upgraded its credit rating to A+, according to the presentation. These disclosures place the rising order backlog alongside an improvement in the company’s reported leverage metric.
Why is the order book important for Cemindia Projects investors?
The ₹31,307 crore order book is important because it represents contracted work yet to be executed and gives visibility into Cemindia Projects’ operating pipeline. Its scale is more than three times the company’s reported FY26 revenue of ₹10,061 crore, although the source does not disclose the execution schedule or revenue conversion expected from the backlog.
The company operates in a range of infrastructure categories rather than relying on one project segment. Its portfolio includes maritime work, urban infrastructure, highways, water, data centres and hydro projects. This sectoral spread is relevant to investors because project activity and execution requirements can differ across these businesses, though the presentation does not disclose order-book values by sector.
Cemindia Projects’ overseas presence in the UAE, Bangladesh and Sri Lanka adds a geographic element to its project portfolio. The source confirms operations in these markets but does not provide financial contributions, contract values or country-specific revenue. Investors would therefore need subsequent company disclosures to assess the relative materiality of international projects.
Got a follow-up? Ask IRIS
What is behind Cemindia Projects’ current business position?
Cemindia Projects traces its engineering legacy back more than 90 years and has evolved through multiple global partnerships and acquisitions, according to the investor presentation summary. Its project mix has expanded from marine and highway construction into metro systems, airports and data centres, with recent entry into overseas markets.
The company was formerly known as ITD Cementation India Limited. Its name was changed to Cemindia Projects Limited, and its stock-market symbol changed to CEMPRO, effective 17 September 2025. The current presentation frames the renamed company’s strategy around broadening sectors, building its project backlog and targeting a position among India’s top three EPC companies.
The source also notes that CAM advised Cemindia Projects on a ₹1,400 crore qualified institutional placement. SBI Capital Markets, ICICI Securities and IIFL Capital Services acted as lead managers to that issue. No further details on the timing, pricing, use of proceeds or allotment were provided in the supplied material.
How does this update affect the EPC sector and market participants?
The update shows that Cemindia Projects is operating across multiple areas of India’s infrastructure construction market, including transport, maritime, water and urban projects. Its backlog and more than 80 ongoing projects indicate the scale of operational execution required across these areas and geographies.
For shareholders and lenders, the reported numbers combine a larger order book with FY26 growth in revenue, EBITDA and profit after tax, alongside a net debt-to-EBITDA ratio of 0.44 times. The A+ rating upgrades from CARE and ICRA are also part of the company’s disclosed financial position. The supplied information does not include share-price performance, valuation metrics or management guidance.
For customers and project stakeholders, Cemindia Projects’ portfolio includes large infrastructure works such as the Udangudi Marine Project and Nagpur Elevated Metro. The presentation does not state changes in project completion dates, contract terms or employment levels. As a result, the disclosed update is principally an operational and financial snapshot rather than a revision to individual project schedules.
Conclusion
Cemindia Projects has reported a record ₹31,307 crore order book in Q1 FY27, following FY26 revenue of ₹10,061 crore, EBITDA of ₹1,199 crore and profit after tax of ₹598 crore. The figures show the company’s expanding backlog across several EPC segments while its reported net debt-to-EBITDA improved to 0.44 times.
The next disclosed events to watch are the institutional investors meet scheduled for 21 September 2026 and the next earnings report scheduled for 5 November 2026. These updates may provide further information on order inflows, project execution and the company’s progress towards its stated top-three EPC ambition.


