Cemindia Projects reports strong Q2 FY26 performance, key promotion

Cemindia Projects Limited, formerly ITD Cementation India Limited, reported a 9.3% year-on-year increase in consolidated revenue from operations for Q2 FY26 to ₹ 2,175 crores, compared to ₹ 1,991 crores in Q2 FY25. Consolidated EBITDA rose 18.6% to ₹ 242 crores, with PAT climbing 49% to ₹ 108 crores. For H1 FY26, revenue from operations grew 7.9% to ₹ 4,718 crores, and PAT increased 42% to ₹ 245 crores. The company's order book stood at ₹ 20,646 crores as of September 30, 2025, with new orders secured worth ₹ 3,258 crores in Q2 FY26, bringing H1 FY26 total orders to ₹ 6,189 crores.

Mr. Arnab Das was elevated to joint executive vice president and proposal head, effective November 1, 2025, to enhance the company's operational excellence and growth. He holds a bachelors in civil engineering and masters in geotechnology, with over 34 years of experience. The company also announced successful project milestones, including the Mumbai and Chennai Underground Metros, Wharf and Trestle Works at BMCT, and Vizhinjam Breakwater.

These strong financial results and operational highlights are further supported by rating upgrades from CARE and ICRA to A+ (Stable). The company's consolidated net worth is ₹ 2,051 crores, with a conservative net debt to equity ratio of 0.25x.