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India Urbanization Will Create New Infrastructure Opportunities

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509496
AnalystConsensusTarget
Not Invested
Published 13 Mar 2025

Update shared on03 Aug 2025

Fair value Increased 13%
Previous
AnalystConsensusTarget's Fair Value
₹768.33
0.07% undervalued intrinsic discount
14 Aug
₹767.80
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1Y
38.3%
7D
5.0%

The significant upward revision in ITD Cementation India’s analyst price target reflects sharply improved consensus revenue growth forecasts, with the target rising from ₹679.33 to ₹768.33.


What's in the News


  • Renew Exim DMCC has acquired a 46.64% stake in ITD Cementation India from Italian-Thai Development, becoming the new promoter and triggering a mandatory open offer for an additional 26% stake.
  • Several major contract wins: USD 67.4 million marine contract in Abu Dhabi (Ruwais LNG project); INR 9,600 million worth projects at Trivandrum International Airport and a Kolkata commercial building; INR 8,930 million contract for Greenfield Captive Jetty(s) in Odisha.
  • Change of company name proposed from ITD Cementation India Limited to Cemindia Projects Limited, with corresponding amendments to the Memorandum and Articles of Association.
  • Appointment of Mr. Nitesh Sharma as new Chief Financial Officer, replacing Mr. Prasad Patwardhan who resigned.
  • Recommended dividend of INR 2.00 per share (200%) for FY25, pending AGM approval.

Valuation Changes


Summary of Valuation Changes for ITD Cementation India

  • The Consensus Analyst Price Target has significantly risen from ₹679.33 to ₹768.33.
  • The Consensus Revenue Growth forecasts for ITD Cementation India has significantly risen from 15.9% per annum to 20.1% per annum.
  • The Future P/E for ITD Cementation India has risen slightly from 23.68x to 24.31x.

Disclaimer

AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.