Rs 18,300 crore order book& 1,200 Per Cent 3-Year Returns: Engineering and Construction Company Secures Rs 580 Crore Marine Contract
The stock has delivered a 1-year return of 71.14 per cent and a multibagger return of 1266.36 per cent over three years.
ITD Cementation India Limited has secured an international marine contract worth USD 67.4 million (approximately Rs 580 crore) for jetty construction at the Ruwais LNG project in Abu Dhabi. The project is part of the company’s core business activities and reinforces its proven capabilities in maritime infrastructure. This deal marks another significant step in the company’s global expansion strategy, enhancing its international portfolio.
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ITD Cementation is a leading engineering and construction firm in India with over 90 years of experience. It operates across multiple sectors such as maritime structures, mass rapid transit systems, hydro-electric power, tunnels, highways, bridges, industrial structures, and water infrastructure. The company has demonstrated consistent performance, registering a 52 per cent year-on-year revenue growth in FY24, following a 34 per cent growth in FY23. The current order book stands at approximately Rs 18,500 crore, with projects spanning 13 Indian states, one union territory, and international locations like Sri Lanka and Bangladesh.
As of June 27, 2025, the stock of ITD Cementation is trading at Rs 889.5, which is also its 52-week high, significantly above the 52-week low of Rs 454.6. The stock has delivered a 1-year return of 71.14 per cent and a multibagger return of 1266.36 per cent over three years, placing it firmly among top-performing Small-Cap infrastructure stocks on the Indian stock market.
Backed by Italian Thai Development Public Company Ltd, holding a 47 per cent stake, ITD Cementation gains access to global technology and execution capabilities. The company’s current bid pipeline stands at Rs 25,000 to 30,000 crore, indicating strong growth prospects. It has announced a final dividend of Rs 2.00 per share, with the record date fixed for July 31, 2025.
The company holds a market capitalisation of Rs 15,067 crore with a Price-Earnings (PE) Ratio of 40.28. Major public shareholders include Hitesh Ramji Javeri (2.33 per cent), Blue Daimond Properties Pvt Ltd (1.57 per cent), and Rajasthan Global Securities Private Limited (1.42 per cent).
Disclaimer: The article is for informational purposes only and not investment advice.