The call ran from 11:01 AM to 11:43 AM IST (42 min).
Key takeaways
Q2 FY27 revenue ₹2,749 Cr (+25% YoY, flat QoQ) and PAT ₹131 Cr (+21%), but EBITDA margin slipped to 10.2% from 11.1%. Management maintained 20–25% FY27 growth; margin commentary remains hedged.
| Management target | Revenue 25.0% FY27 |
|---|
| Revenue growth | Q2 revenue ₹2,749 Cr, +25% YoY; QoQ flat (+1%); H1 +15%. |
|---|---|
| Margins | Q2 EBITDA margin 10.2% vs 11.1% YoY; H1 10.3% vs 10.6%. |
| Order book | Work in hand ₹32,000 Cr; Q2 inflow ~₹3,500 Cr, Oct ~₹2,500 Cr. |
| Demand visibility | Work in hand ₹32,000 Cr; ~₹1.3 lakh Cr external pipeline; data centres growing. |
| Management confidence | Confident but hedged; declines Vadwan revenue guidance, cites execution risk. |
Growth
Revenue +25% YoY, ~flat QoQ; EBITDA +15%, PAT +21%. Cited ~₹85 Cr additional-claim receipt; period unclear.
Outlook
FY27 revenue growth 20–25% maintained; ~10% average EBITDA margin; ₹25,000 Cr order inflow target; H2 capex ₹150–200 Cr.
Risks
Margin guided only ~10% average; Vadwan Port revenue unquantified; group dependence; China TBM and Adani-linked tunnel award uncertainty.
Summary by ALFA Finder, written with AI assistance from our own recording of the call, published . Open it on ALFA Filings ›
The results behind this call
Cemindia Projects Q2 FY27 Results: Net Profit ₹130.6 Cr, Up 21.3% YoY
Cemindia Projects Ltd reported revenue from operations of ₹2,749 Cr (+25.2% YoY) and net profit of ₹130.6 Cr (+21.3% YoY) for Q2 FY27.
- Key figure
- Net profit ₹130.6 Cr · +21.3% YoY
What management said last time
Full summary →From the call summary published .
Outlook they gave
Orderbook at record ₹31,307 Cr. Aiming to become top 3 EPC player in India; entering Data Centers and UAE markets.
Growth they described
Q1 FY27 Revenue at ₹2,721 Cr (up 6%), PAT ₹141 Cr (up 3%), and EBITDA ₹285 Cr (up 9%).
Call details
| Company | Cemindia Projects Ltd |
|---|---|
| NSE symbol | CEMPRO |
| ISIN | INE686A01026 |
| Call | Q2 FY27 earnings call |
| Date | Friday, 6 November 2026 |
| Time | 11:00 AM IST |
| Length | 42 min |
| Audio | Our stream on YouTube ↗ |
Cemindia Projects Ltd: key numbers
- Share price
- ₹1,323.30
- Market cap
- ₹24,405 Cr
- Revenue (annual)
- ₹10,061 Cr
- Net profit (annual)
- ₹597.7 Cr
- P/E (TTM)
- 39.1×Sector 33.4×
- Promoter holding
- 62.84%-4.62% QoQ
- FII holding
- 6.23%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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