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Cemindia Projects Q3 FY26: Revenue ₹2,315 Cr, PAT ₹111 Cr; Order Book ₹21,879 Cr
Cemindia Projects Limited
February 5, 2026, 12:46 PM
Cemindia Projects reported Q3 FY26 consolidated revenue of ₹2,315 crore, up 2.0% YoY. PAT grew 27.4% YoY to ₹111 crore. The company secured new orders worth ₹3,535 crore in Q3 FY26, with the total order book reaching ₹21,879 crore as of December 31, 2025.
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Cemindia Projects Limited (formerly ITD Cementation India Limited) announced its unaudited financial results for the quarter and nine months ended December 31, 2025. The Board of Directors, in its meeting held on February 05, 2026, approved these results.
For the third quarter of FY26, consolidated revenue stood at ₹2,315 crore, a 2.0% year-on-year increase from ₹2,270 crore in Q3 FY25. Consolidated EBITDA grew by 12.8% YoY to ₹245 crore, with an improved EBITDA margin of 10.6% compared to 9.6% in the previous year. Profit After Tax (PAT) saw a significant rise of 27.4% YoY, reaching ₹111 crore from ₹87 crore in Q3 FY25. The PAT margin improved to 4.8% from 3.8% YoY.
For the nine months ended December 31, 2025, consolidated revenue was ₹7,087 crore, up 5.6% YoY from ₹6,714 crore in the corresponding period last year. Consolidated EBITDA increased by 12.0% YoY to ₹749 crore, and PAT grew by 37.1% YoY to ₹356 crore. The company's net worth was ₹2,159 crore as of December 31, 2025, with a Net Debt to Equity ratio of 0.26x.
In terms of business updates, Cemindia Projects secured new orders worth ₹3,535 crore during Q3 FY26, bringing the total orders secured in the first nine months of FY26 to ₹9,725 crore. The total order book as of December 31, 2025, stood at ₹21,879 crore.
Key project completions during the quarter included the underground section of the Kolkata Underground Metro, the new building for the Circuit Bench of Calcutta High Court at Jalpaiguri, the entire tunnelling work for the Bengaluru Underground Metro, and tunnelling work for the Sivok Rangpo Railway tunnel. The company also received rating upgrades from CARE and ICRA, reflecting its strong financial profile.
Mr. Jayanta Basu, Managing Director, commented on the performance, highlighting robust execution, a balanced order mix, disciplined cost management, and healthy order inflows across key infrastructure sectors. He expressed confidence in sustaining growth and creating long-term value.
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