Integrated Filing — IndAS



General information about company

Scrip Code 509496
NSE Symbol CEMPRO
MSEI Symbol NOTLISTED
ISIN INE686A01026
Name of company Cemindia Projects Limited (formerly ITD Cementation India Limited)
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 29-04-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 10-04-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Construction
Start date and time of board meeting 29-04-2026   15:20:00
End date and time of board meeting 29-04-2026   19:00:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 2,97,349.00 10,06,058.00
Other income 9,228.00 17,696.00
Total income 3,06,577.00 10,23,754.00
2 Expenses
(a) Cost of materials consumed 1,02,143.00 3,35,527.00
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
(d) Employee benefit expense 23,421.00 88,272.00
(e) Finance costs 6,108.00 21,501.00
(f) Depreciation, depletion and amortisation expense 3,868.00 16,589.00
(f) Other Expenses
1 Subcontracting expenses & other direct costs 1,16,390.00 4,06,464.00
2 Other expenses 19,622.00 73,639.00
Total other expenses 1,36,012.00 4,80,103.00
Total expenses 2,71,552.00 9,41,992.00
3 Total profit before exceptional items and tax 35,025.00 81,762.00
4 Exceptional items 0.00 0.00
5 Total profit before tax 35,025.00 81,762.00
6 Tax expense
7 Current tax 10,233.00 22,097.00
8 Deferred tax 575.00 (108.00)
9 Total tax expenses 10,808.00 21,989.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 24,217.00 59,773.00
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 24,217.00 59,773.00
17 Other comprehensive income net of taxes (186.00) 283.00
18 Total Comprehensive Income for the period 24,031.00 60,056.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 24,217.00 59,773.00
Total profit or loss, attributable to non-controlling interests 0.00 0.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 24,031.00 60,056.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0.00 0.00
21 Details of equity share capital
Paid-up equity share capital 1,718.00 1,718.00
Face value of equity share capital 1 1
27 Details of debt securities
22 Reserves excluding revaluation reserve 1,81,622.00
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 14.1 34.79
Diluted earnings (loss) per share from continuing operations 14.1 34.79
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 14.1 34.79
Diluted earnings (loss) per share from continuing and discontinued operations 14.1 34.79
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1. 'The above consolidated audited financial results of Cemindia Projects Limited (formerly known as ‘ITD Cementation India Limited’) (the ‘Holding Company’) which includes its joint operations consolidated on proportionate basis and its subsidiary (the Holding Company and its subsidiary hereinafter referred to as ‘Group’) and its associate, have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS 34”), prescribed under Section 133 of the Companies Act, 2013, read with Companies (Indian Accounting Standards) Rules, 2015, as amended, and other accounting principles generally accepted in India. 2. 'The Group is principally engaged in a single business segment viz. Engineering and Construction and has operations mainly in India. 3. 'As on 21 November 2025, the Government of India notified four Labour Codes effective immediately replacing the existing 29 labour laws. 'The impact of implementation of the Labour Codes has resulted in an increase of Rs 16.18 Crores in the liabilities for defined benefit obligation. The amount has been measured and recognised based on management assessment of the impact on defined benefit obligation on such implementation and net incremental liability has been recognised as an employee benefits expenses during the year ended 31 March 2026. The Group continues to monitor the finalization of Central and State Rules, as well as Government clarification on other aspects of the Labour Codes, and will recognize the consequential impact, if any, based on such developments. 4. 'Figures of the quarters ended 31 March 2026 and 31 March 2025 are the balancing figures between the audited consolidated figures for the year ended on that date and the unaudited consolidated published year to date figures up to the nine months period ended of that respective year. 5. 'During the year, the Group reviewed the classification for certain line items in the financial results considering its relevance to its current operations. Accordingly, these line items in the financial results for the presented periods have been reclassified to reflect the classification as at 31 March 2026. These reclassification did not have impact on the profit for the periods presented. The financial results for the quarter and year end are presented in 'crores'. Comparative figures for earlier periods have been restated from 'lakhs' to 'crores' to ensure uniformity and enhance comparability. 6. 'The above consolidated unaudited financial results were reviewed and recommended to the Board of Directors by the Audit Committee and subsequently approved by the Board of Directors at their respective meetings held on 29 April 2026.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 1,16,172.00
Capital work-in-progress 2,162.00
Investment property 621.00
Goodwill 0.00
Other intangible assets 0.00
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 0.00
Trade receivables, non-current
Loans, non-current 0.00
Other non-current financial assets
1 Other financial assets 7,236.00
Total of other non-current financial assets 7,236.00
Total non-current financial assets 7,236.00
Deferred tax assets (net) 5,134.00
Other non-current assets
1 Income tax assets (net) 8,243.00
2 Other non-current assets 6,023.00
Total of other non-current assets 14,266.00
Total non-current assets 1,45,591.00
2 Current assets
Inventories 75,092.00
Current financial asset
Current investments 0.00
Trade receivables, current 1,29,456.00
Cash and cash equivalents 47,469.00
Bank balance other than cash and cash equivalents 47,416.00
Loans, current 0.00
Other current financial assets
Total of other current financial assets 3,907.00
Total current financial assets 2,28,248.00
Current tax assets (net)
Other current assets
1 Contract assets 2,26,349.00
2 Other current assets 33,365.00
Total of other current assets 2,59,714.00
Total current assets 5,63,054.00
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 7,08,645.00
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 1,718.00
Other equity 2,38,241.00
Total equity attributable to owners of parent 2,39,959.00
Non controlling interest
Total equity 2,39,959.00
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 9,256.00
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities
1 Lease liabilities 2,344.00
Total of other non-current financial liabilities 2,344.00
Total non-current financial liabilities 11,600.00
Provisions, non-current 6,366.00
Deferred tax liabilities (net)
Deferred government grants, Non-current
Other non-current liabilities
Total of other non-current liabilities
Total non-current liabilities 17,966.00
Current liabilities
Current financial liabilities
Borrowings, current 77,424.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 46,423.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 1,72,542.00
Total Trade payable 2,18,965.00
Other current financial liabilities
1 Lease liabilities 1,467.00
2 Supplier’s credit 9,632.00
3 Other financial liabilities 14,130.00
Total of other current financial liabilities 25,229.00
Total current financial liabilities 3,21,618.00
Other current liabilities 1,06,020.00
1 Contract liabilities 1,02,375.00
2 Other current liabilities 3,645.00
Total of other current liabilities 1,06,020.00
Provisions, current 18,954.00
Current tax liabilities (Net) 4,128.00
Deferred government grants, Current
Total current liabilities 4,50,720.00
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 4,68,686.00
Total equity and liabilites 7,08,645.00
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-01-2026 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurements of the defined benefit plans 78.00 (301.00)
Total Amount of items that will not be reclassified to profit and loss 78.00 (301.00)
2 Income tax relating to items that will not be reclassified to profit or loss 19.00 (76.00)
3 Amount of items that will be reclassified to profit and loss
1 Exchange difference on translation of financial statements of foreign operations (395.00) 388.00
Total Amount of items that will be reclassified to profit and loss (395.00) 388.00
4 Income tax relating to items that will be reclassified to profit or loss (150.00) (120.00)
5 Total Other comprehensive income (186.00) 283.00



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 31-03-2026
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 81,762.00
Adjustments for reconcile profit (loss)
Adjustments for finance costs 21,501.00
Adjustments for decrease (increase) in inventories (10,710.00)
Adjustments for decrease (increase) in trade receivables, current (28,732.00)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (65,979.00)
Adjustments for decrease (increase) in other non-current assets 1,630.00
Adjustments for other financial assets, non-current (87.00)
Adjustments for other financial assets, current (485.00)
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 15,251.00
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 37,178.00
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 16,589.00
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 3,129.00
Adjustments for provisions, current 9,332.00
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current (626.00)
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains (3,122.00)
Adjustments for dividend income 0.00
Adjustments for interest income 9,407.00
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items (640.00)
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (15,178.00)
Net cash flows from (used in) operations 66,584.00
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 16,606.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 49,978.00
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 3,764.00
Purchase of property, plant and equipment 26,380.00
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 36,952.00
Purchase of other long-term assets 37,815.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 8,580.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) investing activities (14,899.00)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 7,822.00
Repayments of borrowings 8,714.00
Payments of lease liabilities 1,473.00
Dividends paid 3,430.00
Interest paid 19,249.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 792.00
Net cash flows from (used in) financing activities (24,252.00)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 10,827.00
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 166.00
Net increase (decrease) in cash and cash equivalents 10,993.00
Cash and cash equivalents cash flow statement at beginning of period 36,475.00
Cash and cash equivalents cash flow statement at end of period 47,468.00





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 Price Waterhouse Chartered Accountants LLP Yes 30-11-2026