Cemindia Projects Ltd — earnings calls

Cemindia Projects reported Q1 FY27 operating income of Rs. 2,721 crores, up 6% year-on-year, with EBITDA growing 9% to Rs. 285 crores and PAT rising 3% to Rs. 141 crores. Management said order inflow remained strong with Rs. 8,519 crores secured during the quarter and a work-in-hand position of around Rs. 31,000 crores. Management attributed the relatively muted revenue growth to delayed mobilization on large recently-won projects including Vadhvan port, Delhi Metro, Pune Metro and Munger, and to disruption from the war affecting the Abu Dhabi project.

Cemindia Projects Limited reported Q4 FY26 revenue of INR2,973 crores for the year with EBITDA margin at 15.1% in the quarter and full-year EBITDA margin of 11.9%, both up from the prior year. Management said order inflow for FY26 reached about INR19,000 crores including L1 positions, taking the order book to roughly INR29,000 crores. Management discussed a pipeline of about INR70,000 crores of upcoming opportunities across roads, tunnels, metro and marine segments, and answered questions on margin drivers, mobilization advances, TBM capacity and payment timelines from government clients.