Cemindia Projects Limited

BSE:509496 Stock Report

Market Cap: ₹208.7b

Cemindia Projects Dividends and Buybacks

Dividend criteria checks 2/6

Cemindia Projects is a dividend paying company with a current yield of 0.25% that is well covered by earnings. Next payment date is on 3rd July, 2026 with an ex-dividend date of 12th June, 2026.

Key information

0.2%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yield0.2%
Dividend Growth27.6%
Next dividend pay date03 Jul 26
Ex dividend date12 Jun 26
Dividend per sharen/a
Payout ratio9%

Recent dividend and buyback updates

Recent updates

Narrative Update Jun 22

509496: Dividend Timeline And Margin Outlook Will Shape A Measured Return Profile

Analysts have raised Cemindia Projects' fair value estimate from ₹875 to ₹1,328, citing updated assumptions for revenue growth and profit margins, a slightly lower discount rate, and a modestly adjusted future P/E multiple. What’s in the News for Cemindia Projects Cemindia Projects declared an annual dividend of ₹3.00 per share, with the dividend payable on July 3, 2026, and the ex date and record date set for June 12, 2026.
Narrative Update Jun 04

509496: Future Dividends Will Test Stretched Fair Value Assumptions

Analysts kept their fair value estimate for Cemindia Projects steady at ₹942, with only slight tweaks to the discount rate, revenue growth, profit margin, and future P/E assumptions, which together support the unchanged price target. What's in the News Cemindia Projects declared an annual dividend of ₹3.00 per share, payable on July 3, 2026, with an ex date and record date of June 12, 2026.
Narrative Update May 13

509496: Fair Value View Will Rely On Upcoming Dividend Decisions

Analysts have adjusted their fair value estimate for Cemindia Projects to ₹942 from ₹805, linking the change to updated assumptions that combine a revised discount rate, higher modelled revenue growth, a stronger profit margin and a lower future P/E multiple. What's in the News Board meeting scheduled for May 14, 2026 to consider and approve a recommendation of dividend, if any (company filing).
Narrative Update Apr 22

509496: Steady Fair Value And Upcoming Board Decisions Will Support Upside

Analysts have kept Cemindia Projects' price target steady at ₹805, citing only marginal tweaks to long term revenue growth, profit margin, and P/E assumptions in their refreshed model. What's in the News Board meeting scheduled for March 27, 2026, to consider elevating Mr. Soumitra Ghosh, Vice President Operations, to the category of Senior Management Personnel (Key Developments).
Narrative Update Apr 07

509496: Upcoming Board Actions And Steady Fair Value Will Support Upside

Analysts have kept the Cemindia Projects fair value target steady at ₹805, citing updated assumptions that now reflect slightly higher revenue growth and profit margin expectations, along with a marginally adjusted discount rate and future P/E estimate. What's in the News A board meeting is scheduled for Mar 27, 2026, at 11:18 Indian Standard Time to consider elevating Mr. Soumitra Ghosh, Vice President Operations, to the Senior Management Personnel category (Board Meeting agenda).
Narrative Update Mar 22

509496: Upcoming Results And Governance Actions Will Support Future Upside

Analysts have held their fair value estimate for Cemindia Projects at ₹805, with modest tweaks to assumptions around discount rate, revenue growth, profit margin and future P/E feeding into this steady price target. What's in the News Board meeting scheduled on Feb 05, 2026 at 15:07 IST to review and approve unaudited standalone and consolidated financial results for the quarter and nine months ended Dec 31, 2025 (company filing).
Narrative Update Mar 07

509496: Refreshed Assumptions And Governance Steps Will Support Future Upside

Analysts have kept Cemindia Projects' fair value estimate steady at ₹805, with updated assumptions around discount rate, revenue growth, profit margin, and future P/E used to refine the refreshed price target narrative. What's in the News A board meeting is scheduled for Feb 05, 2026 at 15:07 Indian Standard Time to consider and approve unaudited standalone and consolidated financial results for the quarter and nine months ended 31 December 2025, along with an accompanying press release and other business matters (Key Developments).
Narrative Update Feb 20

509496: Improved Margins And Strong Order Book Will Support Future Upside

Analyst Price Target Narrative Update The analyst price target for Cemindia Projects has been revised from ₹855 to ₹805. Analysts have linked this adjustment to updated assumptions for revenue growth, profit margins, discount rate, and future P/E.
Narrative Update Feb 06

509496: New Auditor Appointment Will Support Confident Reassessment Of Future Prospects

Analysts have adjusted their price target for Cemindia Projects to ₹862. This reflects updated views on a slightly lower discount rate, more moderate revenue growth assumptions, a marginally softer profit margin outlook, and a higher future P/E multiple.
Narrative Update Jan 23

509496: Large Order Book Will Support Future Upside Potential

Analysts have nudged their price target on Cemindia Projects higher to ₹855.00 from ₹855, reflecting slightly firmer assumptions around the discount rate, revenue growth, profit margins, and future P/E. What's in the News A board meeting is scheduled for February 5, 2026 to review and approve unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, along with other business matters (company filing).
Narrative Update Jan 08

509496: Order Book Strength And New Auditor Appointment Will Support Upside

Analysts have lifted their price target for Cemindia Projects from ₹649 to ₹855, citing updated assumptions for revenue growth, discount rate, profit margin and future P/E that they see as better reflecting the company’s current risk and return profile. What's in the News Cemindia Projects has scheduled a Special and Extraordinary Shareholders Meeting on January 26, 2026, to be conducted via postal ballot in India (Key Developments).
Narrative Update Dec 18

509496: Order Book Expansion And New Auditor Will Shape Balanced Outlook

Analysts have nudged their price target for Cemindia Projects slightly higher to align with modest improvements in discount rate assumptions and long term earnings expectations, while keeping fair value per share broadly unchanged around $862.00. What's in the News Cemindia Projects secured new orders worth 32,580 million in the second quarter of FY26, taking total orders in H1 FY26 to 61,890 million and boosting the order book to 206,460 million as of September 30, 2025 (Key Developments) The company convened a board meeting on October 30, 2025 to review unaudited financial results for the quarter and half year ended September 30, 2025 (Key Developments) At the same October 30, 2025 board meeting, Cemindia Projects approved the elevation of Arnab Das, Joint Executive Vice President and Proposal Head, to senior management effective November 1, 2025 (Key Developments) On November 5, 2025 the statutory auditor, T R Chadha & Co LLP, resigned after submitting the limited review report for the quarter and half year ended September 30, 2025 (Key Developments) Following the resignation, the board approved the appointment of Price Waterhouse Chartered Accountants LLP as new statutory auditors, subject to shareholder approval (Key Developments) Valuation Changes Fair Value: Fair value per share is unchanged at $862.00, indicating no material reassessment of long term intrinsic value.
Narrative Update Dec 04

509496: Stable Order Book And Auditor Change Will Guide Outlook Ahead

Analysts have nudged their price target for Cemindia Projects slightly higher to reflect a marginally increased discount rate and future price-to-earnings expectations, while maintaining their fair value estimate at $862.00. What's in the News The board approved the resignation of incumbent statutory auditor T R Chadha & Co LLP following completion of the limited review for Q2 and H1 FY26, effective November 5, 2025 (Board Meeting).
Narrative Update Nov 20

509496: Order Book Momentum And Auditor Transition Will Shape Outlook Ahead

Analysts have slightly reduced their price target for Cemindia Projects from ₹865 to ₹862. This change reflects updated expectations for revenue growth and profit margins.
Narrative Update Nov 04

509496: Order Wins And Dividend Approval Will Support Measured Upside Amid Urbanization

Analysts have raised their price target for Cemindia Projects from ₹828 to ₹865, citing increased expectations for revenue growth and improved profit margins. What's in the News Cemindia Projects Limited announced new orders worth ₹32,580 million secured during Q2 FY26.
Narrative Update Aug 21

India Urbanization Will Create New Infrastructure Opportunities

The uptick in the consensus Analyst Price Target for ITD Cementation India to ₹828.00 is primarily driven by a higher Future P/E multiple, signaling improved earnings expectations relative to unchanged discount rates. What's in the News Renew Exim DMCC acquired a 46.64% stake in ITD Cementation India from Italian-Thai Development, becoming the new promoter; a mandatory open offer for an additional 26% stake was also launched, with a potential total holding of 72.64%.
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New Narrative Mar 13

Vadhvan Port And IKEA Projects Will Drive Future Prospects

New project wins and entry into new segments indicate strong future revenue growth and diversification opportunities.

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 509496 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 509496's dividend payments have increased, but the company has only paid a dividend for 9 years.


Dividend Yield vs Market

Cemindia Projects Dividend Yield vs Market
How does 509496 dividend yield compare to the market?
SegmentDividend Yield
Company (509496)0.2%
Market Bottom 25% (IN)0.3%
Market Top 25% (IN)1.5%
Industry Average (Construction)0.8%
Analyst forecast (509496) (up to 3 years)0.2%

Notable Dividend: 509496's dividend (0.25%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.29%).

High Dividend: 509496's dividend (0.25%) is low compared to the top 25% of dividend payers in the Indian market (1.48%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (8.6%), 509496's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (21.8%), 509496's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/25 16:40
End of Day Share Price 2026/06/25 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Cemindia Projects Limited is covered by 9 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullAnand Rathi Shares and Stock Brokers Limited
Dhananjay MishraCentrum Broking Limited
Viral ShahEmkay Global Financial Services Ltd.