ITD Cementation India Ltd
NSE:ITDCEM
ITD Cementation India Ltd
ITD Cementation India Ltd. engages in the construction of a wide variety of structures. The company is headquartered in Mumbai, Maharashtra. The firm is involved in heavy civil; infrastructure; and engineering, procurement and construction (EPC) business and operates in India. The firm is engaged in marine structures, mass rapid transit systems, airports, hydroelectric power, tunnels, dams and irrigation, highways, bridges and flyovers, industrial buildings and structures, and foundation and specialist engineering. The Company’s subsidiaries include ITD Cementation Projects India Limited, ITD Cemindia JV and ITD Cem-Maytas Consortium. The Company’s area of operations includes Maritime Structures; Highways, Bridges & Flyovers; TBM & NATM Tunnels; Foundation & Specialist Engineering; Airport; Industrial Structure & Building; Mass Rapid Transit Systems; Box Pushing, Tube Heading & Microtunelling; Hydroelectric Power, Dams & Irrigation; and Water & Waste Water.
ITD Cementation India Ltd. engages in the construction of a wide variety of structures. The company is headquartered in Mumbai, Maharashtra. The firm is involved in heavy civil; infrastructure; and engineering, procurement and construction (EPC) business and operates in India. The firm is engaged in marine structures, mass rapid transit systems, airports, hydroelectric power, tunnels, dams and irrigation, highways, bridges and flyovers, industrial buildings and structures, and foundation and specialist engineering. The Company’s subsidiaries include ITD Cementation Projects India Limited, ITD Cemindia JV and ITD Cem-Maytas Consortium. The Company’s area of operations includes Maritime Structures; Highways, Bridges & Flyovers; TBM & NATM Tunnels; Foundation & Specialist Engineering; Airport; Industrial Structure & Building; Mass Rapid Transit Systems; Box Pushing, Tube Heading & Microtunelling; Hydroelectric Power, Dams & Irrigation; and Water & Waste Water.
Strong Revenue Growth: Cemindia Projects reported 9% year-on-year revenue growth in Q2 FY26, with total operating income of INR 2,175 crores.
Profitability Improvement: EBITDA rose 19% year-on-year to INR 242 crores and margins improved to 11.1%. PAT increased 49% year-on-year to INR 108 crores.
Healthy Order Book: The order book stands near INR 9,700 crores, with new orders of INR 6,189 crores in H1 and additional orders post-September.
Order Inflow Guidance: Management maintained FY26 order inflow guidance at INR 15,000 crores, likely to be exceeded.
Revenue Growth Target: FY26 revenue growth is targeted at around 20%.
Data Center Expansion: Data center business is ramping up, with current orders of INR 1,500 crores and expectations to constitute up to 15% of order book in two years.
Segment Diversification: Order inflow is broad-based across marine, metro, airport, and data center projects.
Parent Exposure: 25-26% of order book from Adani Group companies; about 50% of recent order inflow plus L1 positions relate to the group.
