ITD Cementation’s Q3FY25 Net Profit Jumps to ₹87 crore

ITD Cementation India Ltd, a leading engineering and construction firm, reported a year-on-year (YoY) increase in its net profit for the third quarter of FY25, reaching ₹87 crore compared to ₹78.4 crore in the same period last year. The company’s strong performance reflects steady growth across various metrics despite a slight contraction in its EBITDA margin.

Revenue and Profit Show Solid Growth

The company’s revenue from operations rose YoY, reaching ₹2,244.9 crore for Q3FY25, up from ₹2,017.2 crore in the corresponding quarter of FY24. The growth in both revenue and net profit highlights ITD Cementation’s continued strength in the competitive construction sector.

EBITDA Growth Slows but Remains Positive

At the operating level, ITD Cementation’s earnings before interest, tax, depreciation, and amortization (EBITDA) rose by a modest YoY to ₹206.1 crore, compared to ₹204.8 crore in Q3FY24. Despite the increase in EBITDA, the company’s EBITDA margin shrank to 9.2% from 10.2% in the previous year, indicating slightly reduced operational efficiency.

9 Month Performance

For the first nine months of FY25, ITD Cementation reported a significant YoY increase in total operating income, reaching ₹6,617 crore. EBITDA for the period stood at ₹655 crore, up YoY, while profit after tax (PAT) surged to ₹259 crore, demonstrating robust financial performance over the nine months.

Robust Order Book and Conservative Financing

As of December 31, 2024, the company’s consolidated order book stood at ₹19,893 crore, with new orders worth approximately ₹6,370 crore secured in FY25 to date. ITD Cementation continues to maintain a conservative financial stance, with a net debt-to-equity ratio of 0.43x, ensuring a strong and stable financial position moving forward.

Stock Performance

On February 13, 2025, ITD Cementation share price traded 0.88% lower at ₹526.35 at 10:07 AM (IST). ITD Cementation’s share price reached a 52-week high of ₹694.45 on October 04, 2024, and a 52-week low of ₹256.40 on March 13, 2025. As per BSE, the total traded volume for the stock stood at 5428 shares with a turnover of ₹28.64 lakhs.

At the current price, ITD Cementation shares are trading at a price-to-earnings (P/E) ratio of 26.59x, based on its trailing 12-month earnings per share (EPS) of ₹19.80, and a price-to-book (P/B) ratio of 5.54, according to exchange data.

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