ITD Cementation India Limited (ITDCEM) AI Stock Analysis

• Market Cap: ₹121.95B
• Dividend Yield: 0.28%
• Average Volume (3M): 33.33K
• Price to Earnings (P/E): 29.8
• Beta (1Y): 0.84
• Revenue Growth: 11.99%
• EPS Growth: 27.39%
• Country: IN
• Employees: 2,632
• Sector: Basic Materials
• Sector Strength: 66
• Industry: Engineering & Construction
• EPS (TTM): 8.00
• Shares Outstanding: 171,787,580
• 10 Day Avg. Volume: 22,809
• 30 Day Avg. Volume: 33,327
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹826.00
• Price Target Upside: 14.08% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 65 Neutral
• Price Target: ₹826.00 ▲(14.08% Upside)

The overall stock score of 65 reflects strong financial performance with robust revenue growth and profit margins. However, technical indicators suggest bearish momentum, and the high P/E ratio indicates potential overvaluation. The low dividend yield further limits the stock's attractiveness for income-focused investors.

ITD Cementation India Limited Business Overview & Revenue Model

Company Description

ITD Cementation India Limited (ITDCEM) is a prominent engineering and construction company in India. The company specializes in providing integrated solutions across various sectors including marine structures, mass rapid transit systems, airports, hydroelectric power, tunnels, dams, highways, and other infrastructure projects. With a commitment to quality and innovation, ITDCEM has established a strong presence in the construction industry by executing complex and large-scale projects across the country.

How the Company Makes Money

ITD Cementation India Limited generates revenue primarily through the execution of construction contracts in its various sectors of operation. The company's revenue streams are driven by its core construction and engineering services provided to both public and private sector clients. ITDCEM earns money by undertaking and completing large-scale infrastructure projects, which often involve long-term contracts with significant value. The company collaborates with government bodies, private corporations, and international partners to secure contracts, which are typically awarded through competitive bidding processes. Revenue is recognized progressively based on the percentage of project completion, which allows the company to maintain a steady cash flow throughout the project lifecycle. Key factors contributing to ITDCEM's earnings include its technical expertise, project management capabilities, and strategic partnerships that enhance its ability to deliver complex projects efficiently.

ITD Cementation India Limited Financial Statement Overview

Summary

ITD Cementation India Limited demonstrates strong financial performance with impressive revenue growth and improving profit margins. The balance sheet remains robust with manageable leverage, but careful attention is needed on cash flow management due to recent declines in free cash flow.

Income Statement

The company shows strong revenue growth with a consistent increase over the past years, reaching 17.85% growth from 2024 to 2025. Gross profit margin stands at a healthy 35.14%, indicating efficient cost management. The net profit margin improved to 4.10%, reflecting better profitability. Notably, the EBIT margin increased significantly, showcasing effective operational management.

Balance Sheet

The balance sheet indicates a stable financial position with a debt-to-equity ratio of 0.52, which is manageable. The equity ratio at 28.18% shows a solid equity base. Return on equity improved to 20.34%, reflecting effective use of equity to generate profits. However, the level of debt warrants close monitoring to ensure financial flexibility.

Cash Flow

Cash flow analysis reveals a decline in free cash flow, reflecting increased capital expenditures. The operating cash flow to net income ratio is 0.54, indicating reasonable cash generation relative to net income. However, the negative free cash flow in 2025 is a concern and suggests potential liquidity challenges if not managed.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	90.97B	90.97B	77.18B	50.91B	38.09B	27.18B
Gross Profit	29.77B	31.97B	26.90B	18.55B	13.52B	10.45B
EBITDA	9.12B	8.69B	7.45B	4.29B	2.94B	2.25B
Net Income	3.73B	3.73B	2.74B	1.24B	688.05M	157.56M
Balance Sheet
Total Assets	65.05B	65.05B	59.17B	50.17B	36.16B	31.88B
Cash, Cash Equivalents and Short-Term Investments	7.08B	7.08B	7.01B	4.74B	4.07B	1.40B
Total Debt	9.61B	9.61B	8.89B	7.66B	5.60B	4.58B
Total Liabilities	46.66B	46.66B	44.19B	37.75B	24.82B	21.20B
Stockholders Equity	18.33B	18.33B	14.94B	12.38B	11.31B	10.66B
Cash Flow
Free Cash Flow	0.00	-251.56M	3.48B	527.60M	2.28B	896.21M
Operating Cash Flow	0.00	2.03B	7.04B	4.71B	3.39B	2.35B
Investing Cash Flow	0.00	-2.45B	-4.19B	-4.38B	-247.37M	-841.49M
Financing Cash Flow	0.00	-2.09B	-1.23B	277.87M	-556.91M	-2.60B

ITD Cementation India Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 724.05
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ITDCEM, the sentiment is Neutral. The current price of 724.05 is below the 20-day moving average (MA) of 743.38, below the 50-day MA of 796.54, and above the 200-day MA of 627.04, indicating a neutral trend. The MACD of -19.90 indicates Positive momentum. The RSI at 44.42 is Neutral, neither overbought nor oversold. The STOCH value of 36.41 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:ITDCEM.

ITD Cementation India Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NCC	73 Outperform	₹130.18B	16.23		1.06%	-0.65%	7.37%
JINDALSAW	71 Outperform	₹131.45B	7.76		0.97%	-7.04%	-7.16%
PARADEEP	66 Neutral	₹169.27B	21.07		0.50%	39.44%	256.03%
ITDCEM	65 Neutral	₹121.95B	29.76		0.28%	11.99%	27.39%
MAHSEAMLES	65 Neutral	₹86.71B	9.87		1.55%	-1.30%	0.51%
JAIBALAJI	63 Neutral	₹92.46B	22.01		―	-9.92%	-59.22%
Sector *	62 Neutral	$10.28B	6.21	0.76%	2.84%	3.10%	-36.03%

ITD Cementation India Limited Corporate Events

ITD Cementation India Releases Q1 FY26 Financial Results

ITD Cementation India Limited has released its unaudited financial results for the quarter ending June 30, 2025. The company has made the presentation available on its website, complying with regulatory requirements. This announcement provides stakeholders with insights into the company’s financial performance and operational progress, potentially impacting its market position and investor relations.