Cemindia Projects Ltd - Company Profile
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Cemindia Projects Ltd (Cemindia), formerly ITD Cementation India Ltd, is a construction and engineering company specializing in heavy civil and EPC projects. It carries out the construction of marine structures, mass rapid transit systems, tunnels, power plants, hydro dams, irrigation facilities, water and wastewater, ports and airports, highways, and bridges and flyovers. The company also provides industrial infrastructure construction for refineries, petrochemicals, and power, steel and fertilizer plants. It offers a wide range of engineering services including geotechnical investigations, piling, repairs and rehabilitation, diaphragm walling, rock anchors, slope stabilization and rehabilitation work, sand wicks and band drains, drilling and grouting, concrete and grouted mattress. The company operates its offices in Mumbai, Kolkata, New Delhi, and Chennai in India. Cemindia is headquartered in Mumbai, Maharashtra, India.
Cemindia Projects Ltd premium industry data and analytics
Products and Services
| Services |
|---|
| Construction: |
| Marine Structures |
| Hydroelectric Power |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Stake Sale | In April, the company sold its 20.83% stake to Renew Exim Dmcc. |
| 2025 | Regulatory Approval | In January, the company received approval from the Competition Commission of India to sell its majority stake to Adani Group's arm Renew Exim DMCC. |
| 2024 | Contracts/Agreements | In October, the company signed an agreement to sell a 46.64% stake to Renew Exim DMCC for INR3,204 crore. |
Competitor Comparison
| Key Parameters | Cemindia Projects Ltd | Reliance Infrastructure Ltd | GMR Airports Ltd | Hindustan Construction Co Ltd | Patel Engineering Ltd |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Mumbai | Mumbai | New Delhi | Mumbai | Mumbai |
| State/Province | Maharashtra | Maharashtra | Haryana | Maharashtra | Maharashtra |
| No. of Employees | 2,739 | 4,595 | 508 | 910 | 4,580 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jayanta Basu | Director; Managing Director | Executive Board | 2019 | - |
| Nitesh Sharma | Chief Financial Officer; Joint Executive Vice President | Senior Management | 2025 | - |
| Malay Mahadevia | Chairman | Non Executive Board | 2025 | - |
| Pankaj I. C. Jain | Director | Non Executive Board | 2018 | - |
| Manoj Kumar Kohli | Director | Non Executive Board | 2025 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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