Cemindia Project Q4 FY26 Results & Concall Highlights: Revenue, Margins & Order Book

Q4 FY26 earnings call analysis: revenue, margin, capex, fundraise and order book outlook from management commentary.

Published 16 Aug 2026 | Construction | Market Cap: ₹21.9K Cr

Cemindia Projects Limited expects to maintain a revenue growth of around 20% to 25% for the next 1 to 3 years. Cemindia Projects Limited aims to maintain the current momentum and margins in FY27, with managing director Jayanta Basu indicating stable PAT and PAT margins.

From Cemindia Project's Q4 FY26 earnings-call transcript · updated 23 Aug 2026.

Price

₹1,276.4

Market Cap

₹21.9K Cr

P/E Ratio

36.5

How does Cemindia Project rank in Construction?

Compare Cemindia Project against every Construction company this quarter on revenue, margins and earnings-call signals.

Revenue: Rank 2Margin: Rank 3

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Cemindia Project — Quarterly revenue & net profit

Revenue Net Profit

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹3.0K Cr, net profit ₹242 Cr.

Full financials →

📊 Revenue & Sales Performance

Rank 2

→Cemindia Projects Limited expects to maintain a revenue growth of around 20% to 25% for the next 1 to 3 years.
→Beyond 3 years, growth predictions are uncertain due to variable infrastructure market conditions.
→For FY27, the company aims for at least 25% revenue growth compared to the previous year.
→Order book targets for the year are approximately INR 25,000 crores, up from around INR 19,000 crores in the prior year.
→A robust pipeline of INR 70,000 crores exists, including tenders submitted and upcoming opportunities.
→Growth is expected primarily from road, highway, and large-diameter tunnel segments along with metro projects.
→The company foresees continued momentum in execution and order inflows due to strong promoter backing and infrastructure demand.

📈 Profitability & Margins

Rank 3

→Cemindia Projects Limited aims to maintain the current momentum and margins in FY27, with managing director Jayanta Basu indicating stable PAT and PAT margins.
→Revenue growth guidance targets around 20-25% annually for the next 1-3 years, with some caution about the longer-term outlook beyond that.
→EBITDA margins are expected to stabilize around 10.5%, with some quarters showing a temporary improvement due to claims and project completions.
→Order book growth is anticipated, with a target of approximately INR25,000 crores in new orders for FY27, supporting revenue expansion.
→No immediate plans for fundraising; existing funds are considered sufficient for planned growth.
→Inflationary pressures on raw materials may impact margins but are mitigated through contractual escalation clauses in about 80% of jobs.
→Overall, the company aims for steady and sustainable growth in operating earnings supported by new large project wins and improved execution efficiency.

See what Cemindia Project said on profitability & margins — free account, 30 seconds.

🏗️ Capital Expenditure Plans

Yes

- Capex for FY26 was INR 260 crores. - Planned capex for FY27 is expected to increase to around INR 350 crores to INR 400 crores. - No specific mention of strategic investments beyond this capex guidance. - The company currently has no plans for fundraising as they are comfortable with existing funds. (Source: Pages 12 and 13)

See what Cemindia Project said on fundraising & capital structure — free account, 30 seconds.

📋 Order Book & Pipeline

Yes

→Current Work-in-Hand (Order Book) stands at INR 29,000 crores (includes L1 orders of INR 1,600 crores and a secured order of INR 3,200 crores).
→Order inflow for the year is approximately INR 19,000 crores, a significant increase from previous years (~INR 7,000 crores).
→Pipeline of potential projects amounts to about INR 70,000 crores, including tenders submitted, tenders yet to be out, and some overseas jobs.
→Key segments for future order inflows include roads, highways, and tunnels where government emphasis and opportunities are abundant.
→Specific notable projects include Kolkata Metro underground, Pune underground metro, Delhi underground metro, a port for JSW, and overseas projects like Abu Dhabi.
→The company is optimistic about maintaining 20-25% growth over the next 1-3 years but finds it difficult to predict beyond that.
→No fundraising planned currently; the company is comfortable with existing funds.

Key Metrics

2 of 5 growth signals positive in the Q4 FY26 call.

Revenue

Rank 2

Margin

Rank 3

Capex

Yes

Fundraise

Order Book

Yes

How does Cemindia Project rank vs peers in Construction?

Pro feature

1Cemindia Project

Rev 2Mar 3

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What Cemindia Projects Ltd's management said in earlier quarters

Others in Construction this season

Om Power Transmission Ltd (Q4 FY26)
FY26 year-end unexecuted order book stood at INR 621 crores, an all-time high, over 3x FY23 level and 41% higher than FY25 closing. Key concall takeaways from…
MOLDTECH (Q4 FY26)
Improved shift productivity and incentive-based weekly reviews already showing 10%-15% productivity gain from April. Key concall takeaways from Mold-Tek…
AVP Infracon Ltd (Q4 FY26)
Growth strategy includes bidding for larger orders (INR 150-200 crores) and growing existing verticals like solar EPC and pre-engineered buildings, although…
KONSTELEC (Q4 FY26)
Current order book size stands at approximately ₹550 crore. Key concall takeaways from Konstelec Engg.'s Q4 FY26 earnings call — and how it ranks against…

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🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

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Frequently Asked Questions

What were Cemindia Project Q4 FY26 results?

What is Cemindia Project share price analysis?

Cemindia Project currently shows a moderate growth signal based on ranking data. The stock trades at a P/E of 36.5 with a market cap of ₹21,927 Cr. Investors should review the full earnings analysis for detailed insights.

Is Cemindia Project planning capital expenditure?

Capex for FY26 was INR 260 crores.

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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.