Cemindia Projects Ltd.
NSE: CEMPROCemindia Projects Ltd.: A 30-second snapshot
Cemindia Projects (CEMPRO) is an infrastructure-sector stock trading at ₹899.55, up 36.71% over the past 3 months and 8.47% below its 52-week high. The trailing PE stands at 32.9 with a forward PE of 16.2, reflecting a significant expected earnings step-up; ROE is 28.21% with a profit margin of 5.94% and a debt-to-equity ratio of 37.71 on a rising trend. Only 166 days of price history are available, leaving the 200-DMA and 1-year return uncomputed.
P/E
32.9
Forward P/E
16.2
ROE
+28.2%
Debt / Equity
37.71
Profit Margin
+5.9%
Div. Yield
+0.2%
5Y ROE > 15%
2/5
5Y FCF > 0
3/5
Quality
53/100
News
3 headlines · 1 positive · 0 negative
Cemindia Projects shares hit 20% upper circuit, touch 4-month high after Q4 results - Mint
Mint
Cemindia Projects Limited Reports Earnings Results for the Full Year Ended March 31, 2026 - marketscreener.com
marketscreener.com
Cemindia Projects Limited Announces Special Window for Physical Share Transfer and Dematerialisation - scanx.trade
scanx.trade
Recent context
- ·Q4 FY26 results triggered a 20% upper circuit on April 30, 2026 (Mint), lifting the stock to a 4-month high; the earnings release was also covered by MarketScreener on April 29, 2026.
- ·The company announced a special window for physical share transfer and dematerialisation on April 16, 2026 (ScanX Trade), a routine compliance step that typically precedes or accompanies listing-related activity for smaller-cap stocks.
- ·With 3 months price change of +36.71% and RSI at 65.06, the stock is trading 36.9% above its 50-DMA of ₹657.24; nearest documented resistance is ₹982.8, approximately 9.3% above current price.
Strengths
- +Lowest PE (32.9) among the 6 tracked Infrastructure peers — BEL at 52.0, LT at 33.4, ABB at 87.1, CGPOWER at 108.6, CUMMINSIND at 66.5 — ranking 1st of 6 on this metric.
- +Highest ROE (28.21%) among peers with available data, above LT (15.54%) and CGPOWER (19.56%), ranking 1st of 6.
- +5-year revenue CAGR of 19.9% and 5-year earnings CAGR of 113.4%; forward PE of 16.2 implies the market is pricing in sustained near-term earnings growth.
- +Stock hit a 20% upper circuit on Q4 FY26 results announcement (April 30, 2026) and sits 36.71% above its level 3 months ago, with RSI at 65.06 remaining below the conventional 70 threshold.
Weaknesses
- −Debt-to-equity of 37.71 is substantially above typical infrastructure-sector norms, and the debt trend is rising; this level of leverage amplifies earnings volatility if project execution or billing cycles are disrupted.
- −ROE has exceeded 15% in only 2 of the historical years available, and FCF was positive in only 3 years; a consistency score of 64 limits confidence in the durability of the recently reported profitability.
- −The 200-DMA cannot be computed with only 166 bars of price history; aboveSma200 is reported as false but the reference value is null, meaning the stock's position relative to its long-run price trend is structurally indeterminate.
- −Quality score of 50 ranks 2nd of 6 peers by this measure but trails BEL (57) and sits in mid-pack; profit margin of 5.94% is thin for an infrastructure contractor and vulnerable to cost overruns.
Open questions
- ?Does the 113.4% five-year earnings CAGR reflect a genuine improvement in project margins and order execution, or is it driven by a low-base effect from earlier loss years?
- ?At a debt-to-equity of 37.71 on a rising trend, what is the composition of the debt — working-capital facilities vs. long-term project debt — and how does the interest coverage ratio behave under a 6-month revenue delay scenario?
- ?Given that price history covers only 166 trading days, how does the stock's volatility and drawdown profile compare to listed peers over a full market cycle?
- ?Infrastructure contractors with thin margins (5.94%) are sensitive to input-cost inflation and order-book concentration — what proportion of FY26 revenue came from the top 3 clients or projects?
Peer comparison: Infrastructure
Ranks 2 of 6 on quality| Symbol | Name | P/E | ROE | Quality |
|---|---|---|---|---|
| CEMPRO | Cemindia Projects Ltd.You're viewing | 32.9 | +28.2% | 50 |
| Industry avg | across 5 peers | 69.5 | +17.5% | 40 |
| BEL | Bharat Electronics Ltd. | 52.0 | — | 57 |
| ABB | ABB India Ltd. | 87.1 | — | 47 |
| CGPOWER | CG Power and Industrial Solutions Ltd. | 108.6 | +19.6% | 45 |
| LT | Larsen & Toubro Ltd. | 33.4 | +15.5% | 26 |
| CUMMINSIND | Cummins India Ltd. | 66.5 | — | 24 |
Technical state
Current price
₹899.55
SMA 50
₹657.24
SMA 200
—
RSI (14)
65.1 (neutral)
From 52w high
-8.5%
1Y return
—
3M return
+36.7%
50-DMA
Above
200-DMA
Below
Algorithmic support levels
Algorithmic resistance levels
Risk flags
- highDebt-to-equity of 37.71 is substantially elevated for an infrastructure company; the debt trend is marked as rising, compounding balance-sheet exposure if project cash flows are delayed or lumpy.
- highOnly 166 bars of price history are available, below the 200-bar threshold required to compute the 200-DMA and 1-year price change; long-term trend context is structurally incomplete.
- mediumROE exceeded 15% in only 2 of the available historical years, and FCF was positive in 3 years; consistency score of 64 indicates uneven earnings quality relative to the 5-year earnings CAGR of 113.4%.
- mediumRSI at 65.06 after a 36.71% gain over 3 months places the stock in an extended position; nearest resistance is documented at 982.8, while the first support level sits at 607.2, approximately 32% below the current price of 899.55.
- lowAnalyst coverage consists of 2 analysts with a mean rating of 1.0 on a 1-5 scale (lower = more constructive); a sample of 2 is too small for the consensus to be statistically meaningful.
- lowNews sample is sparse at 3 articles total (1 positive, 2 neutral, 0 negative); sentiment distribution is directionally informative but not robust at this volume.
Cross-section contradictions
- 5-year earnings CAGR of 113.4% and a current ROE of 28.21% coexist with an ROE-above-15% record of only 2 years and a rising debt trend, suggesting the strong recent profitability is recent in origin rather than structural.
- News coverage is neutral-to-positive with 0 negative headlines and shares hit a 20% upper circuit on Q4 FY26 results, yet the absence of a 200-DMA and 1-year price return means the medium-to-long-term price trend context remains unverifiable.
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.
Fundamentals & technicals: refreshed 25 Jun 2026 · refreshed daily at 01:00 IST
AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 15 May 2026 · rotates through NIFTY 500 every ~5 days