Rs 18,300 Crore Order Book: This EPC Services Company Surges Over 11 Per Cent After Rs 593 Crore Airport Order and Strong Q4 Results
In the last 12 months, the stock has climbed by 71.32 per cent, and over five years, it has posted multibagger returns of 1,639 per cent.
ITD Cementation India Ltd shares jumped over 11 per cent on May 14, 2025, following the announcement of a significant airport infrastructure contract and robust Q4 FY25 results. The stock hit an intraday high of Rs 644.95, significantly above its opening price of Rs 585. As of 2:27 PM IST, the stock was trading at Rs 628, marking an 11.16 per cent increase for the day.
The surge follows the company’s announcement that it has secured a new contract worth approximately Rs 593 crore for infrastructure development at Jaipur International Airport in Rajasthan. This order, which falls under the company's regular business operations, is expected to boost ITD Cementation’s foothold in the airport infrastructure segment. With this addition, the company's consolidated order book as of March 31, 2025, stands at Rs 18,300 crore, having added over Rs 7,100 crore in fresh orders during FY25.
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The company also posted a strong performance for Q4 FY25. ITD Cementation reported a consolidated net profit of Rs 113.91 crore, up 26.86 per cent from Rs 89.55 crore in the corresponding quarter last year. Revenue from operations rose 9.83 per cent year-on-year to Rs 2,479.72 crore. For the full fiscal year FY25, the company’s net profit increased by 36.20 per cent to Rs 373.33 crore, while revenue grew by 17.87 per cent to Rs 9,096.94 crore.
In a further positive move for shareholders, the board of directors has recommended a final dividend of Rs 2 per equity share for FY25. This dividend proposal reflects the company’s strong financial health and commitment to shareholder returns.
ITD Cementation India Ltd is a prominent Small-Cap engineering and construction company with over nine decades of experience in India. Its project portfolio includes maritime structures, mass rapid transit systems, airports, hydro-electric power, tunnels, highways, bridges, and water management systems.
On the stock performance front, ITD Cementation has delivered impressive returns. The stock is up 16.29 per cent year-to-date and 12.89 per cent over the past month. In the last 12 months, the stock has climbed by 71.32 per cent, and over five years, it has posted multibagger returns of 1,639 per cent.
Disclaimer: The article is for informational purposes only and not investment advice.