Cemindia Projects Limited (Formerly ITD Cementation India Limited) — Quarter and year ended 31 March 2026
Standalone financial results (Quarter and year ended 31 March 2026)
| Sr. No. | Particulars | Quarter ended 31.03.2026 (Unaudited) | Quarter ended 31.12.2025 (Unaudited) | Quarter ended 31.03.2025 (Unaudited) | Year ended 31.03.2026 (Audited) | Previous year ended 31.03.2025 (Audited) |
|---|---|---|---|---|---|---|
| 1 | Income | |||||
| a) Revenue from operations | 2,906.96 | 2,304.15 | 2,532.34 | 9,982.72 | 9,246.16 | |
| b) Other income | 92.03 | 22.86 | 15.52 | 176.45 | 76.90 | |
| Total Income (a+b) | 2,998.99 | 2,327.01 | 2,547.86 | 10,159.17 | 9,323.06 | |
| 2 | Expenses | |||||
| a) Cost of construction materials consumed | 959.21 | 706.65 | 931.90 | 3,282.84 | 3,224.45 | |
| b) Subcontracting expenses & other direct costs | 1,163.90 | 958.61 | 986.57 | 4,064.64 | 3,773.86 | |
| c) Employee benefits expense | 234.13 | 237.97 | 189.87 | 882.64 | 723.04 | |
| d) Finance costs | 61.08 | 50.11 | 62.43 | 215.01 | 236.28 | |
| e) Depreciation and amortisation expense | 38.68 | 42.69 | 51.48 | 165.89 | 194.45 | |
| f) Other expenses | 195.80 | 180.24 | 168.98 | 735.96 | 562.99 | |
| Total expenses (a+b+c+d+e+f) | 2,652.80 | 2,176.27 | 2,391.23 | 9,346.98 | 8,815.07 | |
| 3 | Profit before tax (1-2) | 346.19 | 150.74 | 156.63 | 812.19 | 507.99 |
| 4 | Tax expense | |||||
| (a) Current tax (net) | 101.32 | 44.44 | 45.56 | 219.61 | 148.98 | |
| (b) Deferred tax (credit)/charge | 5.75 | (3.56) | (2.48) | (1.08) | (13.79) | |
| Total tax expense (a+b) | 107.07 | 40.88 | 43.08 | 218.53 | 135.19 | |
| 5 | Net Profit for the period/year (3-4) | 239.12 | 109.86 | 113.55 | 593.66 | 372.80 |
| 6 | Other comprehensive income/(loss) (net of tax) | |||||
| a) Items that will not be reclassified to profit or loss | ||||||
| – Gain/(loss) on remeasurement of the defined benefit plan | 0.78 | 2.49 | 1.46 | (3.01) | (3.59) | |
| – Tax effect on above | (0.19) | (0.63) | (0.37) | 0.76 | 0.90 | |
| b) Items that will be reclassified to profit or loss | ||||||
| – Exchange difference of foreign operations | (3.95) | 0.84 | (0.77) | 3.88 | (1.22) | |
| – Tax effect on above | 1.50 | (0.21) | 0.01 | 1.20 | 0.01 | |
| Total Other comprehensive income/(loss) for the period/year (a+b) | (1.86) | 2.49 | 0.33 | 2.83 | (3.90) | |
| 7 | Total comprehensive income for the period/year (5+6) | 237.26 | 112.35 | 113.88 | 596.49 | 368.90 |
| 8 | Paid-up equity share capital (Face Value: ₹ 1 per share) | 17.18 | 17.18 | 17.18 | 17.18 | 17.18 |
| 9 | Reserves excluding revaluation reserves as per balance sheet of previous accounting year | 1,816.25 | ||||
| 10 | Earnings per share (Face Value: ₹ 1 per share) | |||||
| a) Basic (₹) | *13.92 | *6.39 | *6.61 | 34.56 | 21.70 | |
| b) Diluted (₹) | *13.92 | *6.39 | *6.61 | 34.56 | 21.70 |
Standalone statement of assets and liabilities (As at 31 March 2026)
| Particulars | As at 31.03.2026 Audited | As at 31.03.2025 Audited |
|---|---|---|
| ASSETS | ||
| Non-current assets | ||
| Property, plant and equipment | 1,113.91 | 1,032.74 |
| Right-of-use assets | 47.81 | 37.87 |
| Capital work-in-progress | 21.62 | 21.43 |
| Investment properties | 6.21 | 6.33 |
| Intangible assets | – | – |
| Financial assets | ||
| – Investments in subsidiary | 0.05 | 0.05 |
| – Other investments | – | – |
| – Loans | – | – |
| – Other financial assets | 72.36 | 75.67 |
| Deferred tax assets (net) | 51.34 | 48.32 |
| Income tax assets (net) | 81.90 | 106.17 |
| Other non-current assets | 60.23 | 69.48 |
| Total non-current assets | 1,455.43 | 1,398.06 |
| Current Assets | ||
| Inventories | 750.92 | 643.81 |
| Financial assets | ||
| – Trade receivables | 1,233.40 | 989.80 |
| – Cash and cash equivalents | 464.80 | 364.74 |
| – Bank balances other than cash and cash equivalents | 474.16 | 460.06 |
| – Other financial assets | 39.07 | 34.76 |
| Contract assets | 2,263.49 | 1,652.14 |
| Other current assets | 287.54 | 308.19 |
| Total current assets | 5,513.38 | 4,453.50 |
| TOTAL ASSETS | 6,968.81 | 5,851.56 |
| EQUITY AND LIABILITIES | ||
| Equity | ||
| Equity share capital | 17.18 | 17.18 |
| Other equity | 2,378.38 | 1,816.25 |
| Total equity | 2,395.56 | 1,833.43 |
| Liabilities | ||
| Non-current liabilities | ||
| Financial liabilities | ||
| – Borrowings | 92.56 | 118.29 |
| – Lease liabilities | 23.44 | 16.97 |
| Provisions | 63.66 | 56.21 |
| Total non-current liabilities | 179.66 | 191.47 |
| Current liabilities | ||
| Financial liabilities | ||
| – Borrowings | 774.24 | 757.42 |
| – Lease liabilities | 14.67 | 11.45 |
| – Supplier’s credit | 96.32 | 88.40 |
| – Trade payables | ||
| — Total outstanding dues of micro enterprises and small enterprises | 464.22 | 419.41 |
| — Total outstanding dues creditors other than of micro enterprises and small enterprises | 1,690.73 | 1,625.82 |
| Other financial liabilities | 141.31 | 131.52 |
| Contract liabilities | 944.90 | 638.72 |
| Provisions | 189.54 | 100.66 |
| Other current liabilities | 36.38 | 36.49 |
| Current tax liabilities | 41.28 | 16.77 |
| Total current liabilities | 4,393.59 | 3,826.66 |
| TOTAL EQUITY AND LIABILITIES | 6,968.81 | 5,851.56 |
Standalone statement of cash flows (Year ended 31 March 2026)
| Particulars | Year ended 31.03.2026 (Audited) | Year ended 31.03.2025 (Audited) |
|---|---|---|
| A. CASH FLOWS FROM OPERATING ACTIVITIES | ||
| Profit before tax | 812.19 | 507.99 |
| Adjustments for | ||
| Depreciation and amortisation expense | 165.89 | 194.45 |
| Finance costs | 215.01 | 236.28 |
| Interest income | (93.56) | (38.43) |
| Loss allowance on trade receivables, contract assets and security deposit | 31.29 | 37.27 |
| Profit on disposal of property, plant and equipment (net) | (12.75) | (14.87) |
| Unrealised foreign exchange (gain) / loss (net) | (31.22) | 6.49 |
| Excess provision no longer required written back | (2.67) | (1.86) |
| Loss on reversal of Foreign currency translation reserve | 9.02 | – |
| Profit before change in operating assets and liabilities | 1,093.20 | 927.32 |
| Adjustment for changes in operating assets and liabilities: | ||
| Adjustments for (increase)/decrease in operating assets: | ||
| Inventories | (107.11) | 43.82 |
| Trade receivables | (226.16) | (291.57) |
| Other non-current financial assets | (0.87) | (0.93) |
| Other non-current assets | 16.30 | 8.78 |
| Other current financial assets | (4.85) | 4.99 |
| Contract assets | (634.34) | (671.80) |
| Other current assets | 20.65 | (12.67) |
| Adjustments for increase / (decrease) in operating liabilities: | ||
| Trade payables | 117.84 | 410.36 |
| Other financial liabilities | (6.23) | 5.77 |
| Contract Liabilities | 297.97 | (156.28) |
| Provisions | 93.32 | 22.78 |
| Other liabilities | (5.11) | 1.61 |
| Cash generated from operations | 654.61 | 292.18 |
| Taxes paid (net) | (164.18) | (107.90) |
| Net cash generated from operating activities | 490.43 | 184.28 |
| B. CASH FLOWS FROM INVESTING ACTIVITIES | ||
| Purchase of property, plant and equipment (including intangible assets, capital work-in-progress, capital advances and payable for property, plant and equipment) | (263.80) | (228.05) |
| Proceeds from disposal of property, plant and equipment | 37.64 | 56.04 |
| Investments in bank deposits (original maturity more than three months) | (378.15) | (670.03) |
| Redemption in bank deposits (original maturity more than three months) | 369.51 | 583.43 |
| Investment in equity instrument of associate | ^ 0.00 | – |
| Interest received on deposits | 85.29 | 24.51 |
| Net cash used in investing activities | (149.51) | (234.10) |
| C. CASH FLOWS FROM FINANCING ACTIVITIES | ||
| Proceeds from non-current borrowings | 39.56 | 69.18 |
| Repayment of non-current borrowings | (87.14) | (146.56) |
| Proceeds from/(repayment of) short term borrowings (net) | 38.66 | 183.59 |
| Repayments under a supplier finance arrangement | (423.92) | (427.89) |
| Proceeds received under a supplier finance arrangement | 431.84 | 392.82 |
| Payment of interest of lease liabilities | (14.73) | (13.03) |
| Finance costs paid | (192.49) | (246.80) |
| Dividend paid | (34.30) | (29.16) |
| Net cash used in financing activities | (242.52) | (217.85) |
| Net increase/(decrease) in cash and cash equivalents (A+B+C) | 98.40 | (267.67) |
| Cash and cash equivalents at the beginning of year | 364.74 | 631.67 |
| Effect of exchange differences on restatement of foreign currency cash and cash equivalents | 1.66 | 0.74 |
| Cash and cash equivalents at the end of year | 464.80 | 364.74 |
Consolidated financial results (Quarter and year ended 31 March 2026)
| Sr. No. | Particulars | Quarter ended 31.03.2026 (Unaudited) | Quarter ended 31.12.2025 (Unaudited) | Quarter ended 31.03.2025 (Unaudited) | Year ended 31.03.2026 (Audited) | Previous Year ended 31.03.2025 (Audited) |
|---|---|---|---|---|---|---|
| 1 | Income | |||||
| a) Revenue from operations | 2,973.49 | 2,315.48 | 2,532.34 | 10,060.58 | 9,246.16 | |
| b) Other income | 92.28 | 23.12 | 15.53 | 176.96 | 76.90 | |
| Total Income (a+b) | 3,065.77 | 2,338.60 | 2,547.87 | 10,237.54 | 9,323.06 | |
| 2 | Expenses | |||||
| a) Cost of construction materials consumed | 1,021.43 | 716.86 | 931.90 | 3,355.27 | 3,224.45 | |
| b) Subcontracting expenses & other direct costs | 1,163.90 | 958.61 | 986.57 | 4,064.64 | 3,773.86 | |
| c) Employee benefits expense | 234.21 | 237.97 | 189.87 | 882.72 | 723.04 | |
| d) Finance costs | 61.08 | 50.11 | 62.43 | 215.01 | 236.28 | |
| e) Depreciation and amortisation expense | 38.68 | 42.69 | 51.48 | 165.89 | 194.45 | |
| f) Other expenses | 196.22 | 180.24 | 168.98 | 736.39 | 662.99 | |
| Total expenses (a+b+c+d+e+f) | 2,715.52 | 2,186.48 | 2,391.23 | 9,419.92 | 8,815.07 | |
| 3 | Profit before share of profit of associate and tax (1-2) | 350.25 | 152.12 | 156.64 | 817.62 | 507.99 |
| 4 | Share of profit of associate (net) | ^ 0.00 | – | – | ^ 0.00 | – |
| 5 | Profit before tax (3+4) | 350.25 | 152.12 | 156.64 | 817.62 | 507.99 |
| 6 | Tax expense | |||||
| (a) Current tax (net) | 102.33 | 44.79 | 45.74 | 220.97 | 148.98 | |
| (b) Deferred tax (credit)/ charge | 5.75 | (3.56) | (2.46) | (1.08) | (13.77) | |
| Total tax expense (a+b) | 108.08 | 41.23 | 43.28 | 219.89 | 135.21 | |
| 7 | Net profit for the period/year (5-6) | 242.17 |