ITD Cementation India in Focus as Share Price Rallies on ₹960 Crore Project Wins

ITD Cementation India in Focus as Share Price Rallies on ₹960 Crore Project Wins

ITD Cementation India Ltd. is once again in the spotlight after announcing two major project wins worth a total of ₹960 crore, which are expected to significantly boost its already impressive growth trajectory. The company’s share price is likely to draw attention from investors during Friday’s trading session, following this development.

Project Wins in Kerala and West Bengal

According to a regulatory filing made after market hours on Thursday, ITD Cementation has secured:

• A project at Trivandrum International Airport in Kerala involving various construction works.

• A multi-storeyed commercial building project in Kolkata, West Bengal.

This marks the second big contract bagged by the company in June 2025. Just last week, ITD Cementation announced an ₹893 crore project for constructing a berth and breakwater as part of the greenfield captive jetty(s) development in Odisha.

A Powerhouse in Indian Infrastructure

With a legacy spanning over nine decades, ITD Cementation India has firmly established itself as a leader in engineering, procurement, and construction (EPC). Its portfolio includes:

• Maritime structures

• Metro and mass rapid transit systems

• Airports

• Hydroelectric power plants

• Tunnels, dams, and irrigation projects

• Highways, bridges, and flyovers

• Water treatment and wastewater management

• Industrial buildings and specialist engineering

This strong technical capability has helped the company expand its order book rapidly in recent quarters.

Financial Performance: Strong Quarter and Bullish Momentum

In Q4 FY25, ITD Cementation reported:

• Net profit: ₹113.55 crore, a 26.86% YoY increase (up from ₹89.51 crore)

• Revenue: ₹2,479.72 crore, a 9.83% rise YoY (up from ₹2,257.72 crore)

These solid financials reflect consistent project execution and margin stability despite industry challenges.

Share Price Performance: A Remarkable Rally

ITD Cementation’s stock has been on a stunning upward trajectory, gaining:

• 13% in June 2025

• 46% in May 2025

• A total of 66% in less than two months

Over a 3-year period, the stock has skyrocketed from ₹64 to ₹808.90, delivering a whopping return of 1,163%.

This explosive growth cements ITD Cementation’s position as one of the most rewarding mid-cap infra plays in the Indian stock market.

 Conclusion

With its newly won contracts and proven execution capabilities, ITD Cementation India continues to attract institutional and retail interest. As the infrastructure sector sees increased government and private investment, the company looks well-positioned to capitalize on upcoming opportunities.

Investors and market watchers will be keeping a close eye on the stock’s movement in the coming days.