Business description: Cemindia Projects Limited

ITD Cementation India Limited is an India-based engineering and construction company. The Company is involved in the heavy civil, infrastructure, and engineering, procurement and construction (EPC) business and operates in India. The Company is engaged in urban infrastructure, Mass Rapid Transport Systems (MRTS) and airports; highways, bridges and flyovers; maritime structures; industrial structures and buildings; water and wastewater; foundation and specialist engineering, and hydro, dams, tunnels and irrigation. It is focused on construction of flyovers, underpasses and river bridges using specialized foundation techniques. The Company offers a modern and comprehensive range of construction techniques for the construction of piles and diaphragm walls, ground improvement, drilling grouting works, rock anchors, slope stabilization and rehabilitation work. The Company’s subsidiaries include ITD Cementation Projects India Limited, ITD Cemindia JV and ITD Cem-Maytas Consortium.

Number of employees: 2,769

Sales by Activity: Cemindia Projects Limited

Fiscal Period: March 2021 (INR) 2022 (INR) 2023 (INR) 2024 (INR) 2025 (INR)

Construction

2.73TCr 3.81TCr 5.09TCr 7.72TCr 9.1TCr
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Geographical breakdown of sales: Cemindia Projects Limited

Fiscal Period: March 2021 (INR) 2022 (INR) 2023 (INR) 2024 (INR) 2025 (INR)

India

2.73TCr 3.81TCr 5.09TCr 7.72TCr 9.1TCr
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Executive Committee: Cemindia Projects Limited

Manager TitleAgeSince
Chief Executive Officer - 23/04/2019
Chief Tech/Sci/R&D Officer - -
Chief Operating Officer - -
Compliance Officer - 01/02/2017
Corporate Officer/Principal - -
See CEMINDIA PROJECTS LIMITED governance

Composition of the Board of Directors: Cemindia Projects Limited

Director TitleAgeSince
Director/Board Member - 01/01/1986
Director/Board Member - 31/10/2018
Chairman 62 28/05/2025
Director/Board Member - 28/05/2025
Director/Board Member 67 20/06/2025
Director/Board Member 66 20/06/2025
Composition of the Board of Directors

Shareholders: Cemindia Projects Limited

NameEquities%Valuation
51 %
8,76,11,668 51 % 768 M ₹
1.78 %
30,57,375 1.78 % 27 M ₹
CD Equifinance Pvt Ltd.
1.504 %
25,83,464 1.504 % 23 M ₹
ITI Asset Management Ltd. (India)
0.3783 %
6,49,821 0.3783 % 6 M ₹
Bank of India Investment Managers Pvt Ltd.
0.3154 %
5,41,887 0.3154 % 5 M ₹
List of CEMINDIA PROJECTS LIMITED shareholders

Company details: Cemindia Projects Limited

ITD Cementation India Ltd.

Prima Bay, Tower-B

400072, Mumbai

+91 22 6693 1600

http://www.itdcem.co.in
address Cemindia Projects Limited(CEMPRO)

Other Construction & Engineering

Change 5d. change 1-year change 3-years change Capi.($)
-6.15%-1.02%+18.29%+521.49% 128.8Cr
+9.91%+10.77%+25.13%+28.42% 7.98TCr
+6.36%+7.05%+63.34%+232.71% 7.12TCr
+0.18%+3.41%+21.32%+88.77% 6.19TCr
+2.99%+5.19%+46.65%+120.51% 4.94TCr
+7.17%+7.72%+161.90%+917.00% 4.04TCr
+6.50%+6.05%+63.61%+418.52% 3.21TCr
+4.22%+3.04%+157.65%+513.83% 3.11TCr
-1.55%+0.60%-8.32%-6.11% 3.07TCr
+2.81%+2.38%+95.76%+255.47% 2.84TCr
Average +3.24%+4.53%+64.53%+309.06% 4.26TCr
Weighted average by Cap. +4.82%+5.12%+61.26%+245.15%
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Trader
Investor
Global
Quality
ESG MSCI
-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
634.85INR
Average target price
862.00INR
Spread / Average Target
+35.78%
Consensus

Quarterly revenue - Rate of surprise

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