Cemindia Projects Limited

NSEI:CEMPRO Stock Report

Market Cap: ₹140.7b

Cemindia Projects Valuation

Is CEMPRO undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of CEMPRO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

₹21.73
Fair Value
3.7k% overvalued intrinsic discount
2
Number of Analysts

Below Fair Value: CEMPRO (₹819.3) is trading above our estimate of fair value (₹21.73)

Significantly Below Fair Value: CEMPRO is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CEMPRO?

Key metric: As CEMPRO is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for CEMPRO. This is calculated by dividing CEMPRO's market cap by their current earnings.
What is CEMPRO's PE Ratio?
PE Ratio34.3x
Earnings₹4.10b
Market Cap₹140.69b

Price to Earnings Ratio vs Peers

How does CEMPRO's PE Ratio compare to its peers?

The above table shows the PE ratio for CEMPRO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average26.3x
500294 NCC
16.5x16.06%₹132.1b
TECHNOE Techno Electric & Engineering
36.6x26.20%₹159.6b
IRCON Ircon International
24.6x8.92%₹164.2b
POWERMECH Power Mech Projects
27.5x37.44%₹87.7b
CEMPRO Cemindia Projects
34.3x22.97%₹140.7b

Price-To-Earnings vs Peers: CEMPRO is expensive based on its Price-To-Earnings Ratio (34.3x) compared to the peer average (26.3x).

Price to Earnings Ratio vs Industry

How does CEMPRO's PE Ratio compare vs other companies in the IN Construction Industry?

5 CompaniesPrice / EarningsEstimated GrowthMarket Cap
IRB IRB Infrastructure Developers
3.9x-64.59%US$2.86b
ASHOKA Ashoka Buildcon
3x-60.28%US$597.04m
INDIANHUME Indian Hume Pipe
3.6x-54.44%US$221.94m
542851 Gensol Engineering
1.8xn/aUS$17.78m
CEMPRO 34.3xIndustry Avg. 20.7xNo. of Companies28PE01632486480+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: CEMPRO is expensive based on its Price-To-Earnings Ratio (34.3x) compared to the Indian Construction industry average (20.7x).

Price to Earnings Ratio vs Fair Ratio

What is CEMPRO's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CEMPRO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio34.3x
Fair PE Ratio37.3x

Price-To-Earnings vs Fair Ratio: CEMPRO is good value based on its Price-To-Earnings Ratio (34.3x) compared to the estimated Fair Price-To-Earnings Ratio (37.3x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst CEMPRO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹819.30
₹828.00
+1.06%
5.68%₹875.00₹781.00n/a2
Sep ’26₹688.50
₹828.00
+20.26%
5.68%₹875.00₹781.00n/a2
Aug ’26₹792.35
₹768.33
-3.03%
12.06%₹875.00₹649.00n/a3
Jul ’26₹904.60
₹679.33
-24.90%
3.61%₹709.00₹649.00n/a3
Jun ’26₹714.85
₹679.33
-4.97%
3.61%₹709.00₹649.00n/a3
May ’26₹487.55
₹612.00
+25.53%
6.79%₹649.00₹554.00n/a3
Apr ’26₹555.70
₹612.00
+10.13%
6.79%₹649.00₹554.00n/a3
Mar ’26₹536.50
₹612.00
+14.07%
6.79%₹649.00₹554.00n/a3
Feb ’26₹535.15
₹587.67
+9.81%
11.77%₹649.00₹491.00n/a3
Jan ’26₹542.60
₹587.67
+8.31%
11.77%₹649.00₹491.00n/a3
Dec ’25₹522.60
₹587.67
+12.45%
11.77%₹649.00₹491.00n/a3
Nov ’25₹566.05
₹531.67
-6.07%
7.33%₹565.00₹477.00n/a3
Oct ’25₹537.80
₹531.67
-1.14%
7.33%₹565.00₹477.00₹815.253
Sep ’25₹554.45
₹531.67
-4.11%
7.33%₹565.00₹477.00₹688.503
Aug ’25₹511.10
₹411.00
-19.59%
1.19%₹417.00₹405.00₹792.353
Jul ’25₹563.40
₹411.00
-27.05%
1.19%₹417.00₹405.00₹904.603
Jun ’25₹401.55
₹411.00
+2.35%
1.19%₹417.00₹405.00₹714.853
May ’25₹378.95
₹364.33
-3.86%
9.95%₹405.00₹317.00₹487.553
Apr ’25₹331.65
₹356.00
+7.34%
7.81%₹380.00₹317.00₹555.703
Mar ’25₹326.75
₹356.00
+8.95%
7.81%₹380.00₹317.00₹536.503
Feb ’25₹315.90
₹255.00
-19.28%
5.10%₹268.00₹242.00₹535.152
Jan ’25₹290.15
₹255.00
-12.11%
5.10%₹268.00₹242.00₹542.602
Dec ’24₹275.10
₹255.00
-7.31%
5.10%₹268.00₹242.00₹522.602
Nov ’24₹198.25
₹212.50
+7.19%
2.59%₹218.00₹207.00₹566.052
Oct ’24₹216.30
₹212.50
-1.76%
2.59%₹218.00₹207.00₹537.802
₹828.35
Fair Value
1.1% undervalued intrinsic discount
2
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/05 03:57
End of Day Share Price 2025/10/03 00:00
Earnings2025/06/30
Annual Earnings2025/03/31

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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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 10 analysts. 3 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
Tejashwini Kumari GuptaAngel Broking Private Limited
Viral ShahEmkay Global Financial Services Ltd.