Cemindia Projects Shares Surge 20% to Four-Month High Following Strong Q4 Earnings
Cemindia Projects shares hit 20% upper circuit, touch 4-month high after Q4 results
Mint
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Cemindia Projects shares surged 20% to ₹815 apiece, reaching a four-month high after reporting a 114% year-on-year increase in net profit to ₹242 crore for Q4 FY26. The company's strong performance was driven by healthy order inflows, boosting its total order book to ₹24,545 crore.
- 01Cemindia Projects shares hit a four-month high of ₹815 after a strong earnings report.
- 02Net profit for Q4 FY26 rose 114% year-on-year to ₹242 crore.
- 03Total revenue for FY26 increased to ₹10,061 crore, up from ₹9,246 crore in FY25.
- 04The company secured contracts worth ₹14,821 crore in FY26, diversifying its order book.
- 05Despite recent gains, shares are still trading nearly 10% below their peak.
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Cemindia Projects shares experienced a 20% surge, hitting a four-month high of ₹815 per share on April 30, 2026, following a robust earnings report for the quarter ending March 2026. The company reported a 114% year-on-year increase in consolidated net profit, amounting to ₹242 crore, while full-year net profit for FY26 rose 60% to ₹598 crore. Revenue from operations in the March quarter reached ₹2,973 crore, a 17% increase from ₹2,532 crore during the same period last year. The earnings were bolstered by a 66% rise in EBITDA to ₹450 crore, with margins expanding by 440 basis points to 15.1%. For the entire financial year, the company generated ₹10,061 crore in revenue, up from ₹9,246 crore in FY25. Cemindia Projects also secured contracts totaling ₹14,821 crore in FY26, contributing to a well-diversified order book of ₹24,545 crore as of March 31, 2026. Major projects include a ₹3,098 crore road project in Munger, Bihar, and a ₹1,575 crore container terminal development in Mundra, Gujarat. The stock has rebounded 60% in April after a challenging period, reflecting strong recovery potential despite still being 10% below its peak.
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The strong performance of Cemindia Projects could lead to increased investor confidence and potential job creation as the company expands its operations.
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