Financial Performance Highlights

Consolidated Results (₹ in Crores)

| Metric | FY 2025-26 | FY 2024-25 | Growth |

| Revenue from Operations | 10,061 | 9,246 | 9% |

| EBITDA | 1,199 | 939 | 28% |

| PAT | 598 | 373 | 60% |

| Net Worth | 2,400 | 1,833 | 31% |

Standalone Performance

  • Revenue: ₹9,983 crore (8% growth from ₹9,246 crore)
  • PAT: ₹594 crore (59% increase from ₹373 crore)
  • EPS: ₹34.56 (up from ₹21.70 previous year)

Operational Excellence

  • Record order inflows of ₹14,821 crore secured in FY 2025-26
  • Order book reached all-time high of ₹24,545 crore as of March 31, 2026
  • Operations across 16 Indian states and 3 international locations (Bangladesh, Sri Lanka, UAE)
  • Approximately 80 projects under execution

Corporate Developments

  • Company name changed from ITD Cementation India Limited to Cemindia Projects Limited effective August 19, 2025
  • Integration with Adani Group completed with Renew Exim DMCC acquiring 67.5% stake
  • Open offer completed acquiring additional 20.83% from public shareholders
  • Board composition changes with new appointments including Dr. Malay Mahadevia as Non-Executive Chairman

Dividend Declaration

Board recommended dividend of ₹3 per equity share on 17,17,87,584 equity shares for FY 2025-26, involving cash outflow of ₹51.54 crore subject to shareholder approval at AGM.

Auditor's Report and Key Findings

Price Waterhouse Chartered Accountants LLP issued unmodified opinion on both standalone and consolidated financial statements. Key audit matters included:

1. Estimation of construction contract revenue and related cost: Complex judgment involved in percentage-of-completion method, variable consideration, and claims recognition

2. Recoverability of trade receivables and contract assets: Significant balances (₹1,295 crore trade receivables + ₹2,263 crore contract assets) requiring impairment assessment

Auditors confirmed adequate internal financial controls operating effectively as of March 31, 2026.

Sustainability Reporting (BRSR)

Environmental Performance

  • Total energy consumption: 14,05,091.81 GJ with energy intensity of 0.00001408 per rupee of turnover
  • GHG emissions: Scope 1 - 1,00,136.00 metric tonnes CO2e, Scope 2 - 18,639.00 metric tonnes CO2e
  • Water consumption: 24,99,413.26 kiloliters with 78% waste recycling/reuse rate

Social Indicators

  • Total workforce: 36,808 employees and workers
  • Gender diversity: Gross wages paid to females constituted 2.64% of total wages
  • Safety protocols implemented with documented corrective actions

Regulatory Compliance and Governance

  • Full compliance with SEBI LODR regulations and Companies Act 2013
  • CSR expenditure of ₹6.60 crore against obligation of ₹6.59 crore
  • Vigil Mechanism/Whistle Blower Policy implemented with zero complaints
  • Maintained A+ (Stable) credit rating from both CARE and ICRA
  • Secretarial Audit Report contains no qualifications or adverse remarks

Segment Reporting and Geographical Presence

Primary operations in "Engineering and Construction" segment with geographical revenue breakdown:

  • India: ₹9,634.15 crores (96.5% of total revenue)
  • Outside India: ₹348.57 crores (3.5% of total revenue)

Subsequent Events

No material subsequent events occurred after the reporting period up to April 29, 2026 (financial statement approval date).

Signatories and Approval

Financial statements approved by Board and signed by:

  • Malay Mahadevia - Chairman
  • Jayanta Basu - Managing Director
  • Nitesh Sharma - Chief Financial Officer
  • Rahul Neogi - Company Secretary

Auditor's report signed by Priyanshu Gundana, Partner, Price Waterhouse Chartered Accountants LLP

This comprehensive disclosure demonstrates strong financial performance, robust operational metrics, and commitment to regulatory compliance and sustainable business practices in the engineering and construction sector.