ITD CEMENTATION INDIA LTD.

Cemindia Projects Ltd announced that its Board of Directors, in a meeting held on November 5, 2026, approved the unaudited financial results for the quarter and half-year ended September 30, 2026. The company also submitted the standalone and consolidated financial statements, including the statement of assets and liabilities and cash flow statement, along with the limited review report from auditors Price Waterhouse Chartered Accountants LLP. A press release detailing these results was also issued.

Cemindia Projects Ltd announced the approval of its Unaudited Financial Results for the quarter and half-year ended September 30, 2026. The Board of Directors convened on November 5, 2026, to review and approve these standalone and consolidated financial statements, along with the Statement of Assets & Liabilities, Statement of Cash Flow, and the Limited Review Report from the auditors. The meeting commenced at 12:30 p.m. and concluded at 2:14 p.m.

Cemindia Projects (formerly ITD Cementation India, now under Renew Exim/Adani-group promoter) reported consolidated revenue of ₹2,748.65 Cr for Q2 FY27, up 25.2% YoY from ₹2,195.21 Cr and roughly flat (+1.0%) QoQ against ₹2,720.92 Cr. Consolidated PAT grew 21.3% YoY to ₹130.59 Cr (standalone PAT ₹127.57 Cr, EPS ₹7.43 standalone / ₹7.60 consolidated) but fell 7.3% QoQ from ₹140.83 Cr. No analyst consensus estimates specific to this quarter turned up in a web search, so vsStreet is marked unknown rather than guessed. Profitability growth trailed topline growth because EBITDA margin slipped to 10.2% from 11.1% a year earlier (NPM also eased to roughly 4.7% from 4.8%), as cost of construction materials and subcontracting/other direct costs scaled with execution volumes. That margin still sits above the "10%+ sustainable" floor management reiterated on the August 2026 concall, so guidance is met on that specific metric even as the year-on-year give-back bears watching. Neither the current nor the year-ago quarter carried exceptional items, so the growth rates above are already on a clean, comparable basis — no adjustment is needed. The quarter's other corporate actions reinforce a balance-sheet-strengthening story: the order book rose to a record ₹32,715 Cr after ₹3,485 Cr of fresh Q2 wins, taking H1 FY27 inflow to ₹12,005 Cr — about 48% of the ₹25,000 Cr annual order-inflow target set out at the Q1 call. The company also raised ₹1,400 Cr via QIP in October 2026 at ₹1,108/share, bringing net debt to ₹773 Cr and net debt-to-equity to 0.30x; ICRA and CARE upgraded their long-term ratings to AA and AA- respectively, and Crisil assigned a fresh AA rating. MD Jayanta Basu's press statement called it "another quarter of consistent operational and financial performance," a framing the topline and order-book numbers support, though it does not address the EBITDA margin dip. H1 FY27 revenue growth of just 14.6% YoY (₹5,470 Cr vs ₹4,772 Cr) is running well below the reaffirmed 25% full-year revenue growth target, so H2 execution needs to step up materially — against a record order book that at least provides the visibility to do so — for the annual guidance to hold.

Cemindia Projects Ltd has announced that its Board of Directors will convene on November 5, 2026. The primary agenda is to consider and approve the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The company also informed about the closure of the trading window from October 1, 2026, until 48 hours after the results announcement. Investor and analyst calls will be scheduled later to discuss the financial performance and business outlook.

Motilal Oswal Mutual Fund schemes, including Motilal Oswal Flexi Cap Fund and others, have collectively acquired a 5.1578% stake in Cemindia Projects Ltd. The acquisition involved open market transactions and a preferential allotment, with the total holding reaching 95,12,219 shares. This disclosure is made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The total equity share capital of Cemindia Projects Ltd has increased post-acquisition.

Renew Exim DMCC has reduced its shareholding in Cemindia Projects Limited. The transaction involved a reduction of 1,26,35,379 equity shares, representing a 1.50% decrease in voting rights. Following the transaction, Renew Exim DMCC's holding stands at 11,58,92,883 shares, which is 62.84% of the total diluted share capital. The reduction in voting rights is a result of the Target Company issuing further equity shares to Qualified Institutional Buyers, leading to a dilution of the promoter's voting rights.

Cemindia Projects Limited has announced the successful closure of its Qualified Institutions Placement (QIP) issue. The management committee approved the closure on October 19, 2026, after receiving application forms and funds in the escrow account. A total of 1,26,35,379 equity shares were allocated at an issue price of ₹1,108.00 per share, which includes a premium of ₹1,107.00. This price represents a discount of 4.37% (₹50.58) to the floor price of ₹1,158.58, determined as per SEBI ICDR Regulations. The company also approved and adopted the placement document dated October 19, 2026, and finalized the confirmation of allocation notes for eligible qualified institutional buyers. The placement document will be available on the company's website.

Cemindia Projects Ltd announced that its Management Committee has approved the opening of a Qualified Institutions Placement (QIP) issue. The floor price for the issue has been set at ₹1,158.58 per Equity Share, determined based on SEBI ICDR Regulations. The company has also approved and adopted the preliminary placement document dated October 14, 2026. The 'Relevant Date' for the issue is October 14, 2026. SBI Capital Markets, ICICI Securities, and IIFL Capital Services have been appointed as the book running lead managers. The preliminary placement document will be filed with the BSE and NSE, and will be available on the company's website. The issue price will be finalized in consultation with the book running lead managers. The meeting of the Management Committee was held on October 14, 2026.

Cemindia Projects Ltd has announced the closure of its trading window in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The window will be shut from Thursday, October 1st, 2026, and will reopen 48 hours after the declaration of the unaudited financial results for the quarter and six months ending September 30th, 2026. This measure is standard practice to prevent potential insider trading activities around financial result announcements.

Cemindia Projects Ltd has informed the stock exchange that it has withdrawn an Execution Petition filed before the Hon'ble Delhi High Court on December 9, 2024. This petition was intended to enforce an arbitration award of approximately Rs 4.71 crores plus interest, received on August 25, 2023, against Baya Weaver Ltd and Saya Cementation Ltd. The company has obtained liberty to file the petition afresh and intends to do so in due course. The withdrawal is not expected to have any material financial impact on the company. The Hon'ble Court's order regarding the withdrawal was communicated on September 23, 2026.