Achanak itni tezi kyun?
Arre yaar, Cemindia Projects ke liye toh yeh quarter zabardast raha hai! Company ka Net Profit saal-dar-saal 113.63% bhadka hai, aur ab yeh ₹242.17 crore ho gaya hai. Revenue bhi 17.4% badhkar ₹2,973.49 crore tak pahunch gaya. Lekin sabse mazedaar baat yeh hai ki company ke EBITDA margins bhi sudhar gaye hain, jo pehle 10.7% the woh ab 15.1% ho gaye hain. Is improvement ne EBITDA ko ₹450 crore tak pahuncha diya. Iska matlab hai ki company ab zyada efficient ho gayi hai aur apne kharchon ko behtar manage kar rahi hai. Aur toh aur, March 31, 2026 tak Net Debt to Equity ratio sirf 0.18x hai, matlab company financial taur par bilkul fit hai.
Adani Group ka power dikha?
May 2025 mein Adani Group ki Renew Exim DMCC ke saath judne ke baad se Cemindia ki takdeer hi badal gayi hai. Adani Group ke bade network se company ko ports, energy aur logistics mein bade opportunities milenge. FY26 mein company ne ₹14,821 crore ke naye contracts jeete hain, aur ab company ka order book ₹24,545 crore ka ho gaya hai. Yeh sab projects maritime structures, urban development aur airports se related hain, jo aane wale saalon mein revenue ki guarantee dete hain.
Valuation aur Future?
Abhi toh sab mast lag raha hai, lekin valuation ko bhi dekhna padega. Cemindia ka Price-to-Earnings (P/E) ratio lagbhag 24.9x hai, jo sector average ke aas-paas hi hai. Iska matlab hai ki market ne acche numbers ki expectation pehle se hi price mein dal di hai. Kuch competitors jaise Larsen & Toubro 29.0x P/E pe trade kar rahe hain, toh wohi J Kumar Infraprojects 8.7x aur Ahluwalia Contracts 17.4x P/E pe hain. Company ka P/E bhi pehle fluctuate hua hai, 27.5x se 10.3x tak. Aage chal kar company Adani ke fayde utha kar kitne bade contracts jeet paati hai aur apne margins maintain kar paati hai, yeh dekhna hoga.
