Cemindia Projects (NSE:CEMPRO) Days Payable: 91.43 (As of Mar. 2026) — 38% Below Median


NSE:CEMPRO Cemindia Projects Ltd NSE:CEMPRO
79 GF Score
Price ₹1,449.00
GF Value ₹648.51
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Cemindia Projects Days Payable?

Cemindia Projects NSE:CEMPRO +1.23% 79 Days Payable is 91.43 as of Mar. 2026, which is 38% below its 10-year median of 147.86. GuruFocus rates NSE:CEMPRO with a GF Score™ of 79/100 and a GF Value™ of ₹648.51 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,709 Construction companies, Cemindia Projects ranks better than 62.02% on this metric.

Cemindia Projects's average Accounts Payable for the three months ended in Mar. 2026 was ₹21,897 Mil. Cemindia Projects's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹21,853 Mil. Hence, Cemindia Projects's Days Payable for the three months ended in Mar. 2026 was 91.43.

The historical rank and industry rank for Cemindia Projects's Days Payable or its related term are showing as below:

NSE:CEMPRO' s Days Payable Range Over the Past 10 Years
Min: 99.72   Med: 147.86   Max: 256.45
Current: 100.74

During the past 13 years, Cemindia Projects's highest Days Payable was 256.45. The lowest was 99.72. And the median was 147.86.

NSE:CEMPRO's Days Payable is ranked better than
62.02% of 1709 companies
in the Construction industry
Industry Median: 76.72 vs NSE:CEMPRO: 100.74

Cemindia Projects's Days Payable declined from Mar. 2025 (97.28) to Mar. 2026 (91.43). It may suggest that Cemindia Projects accelerated paying its suppliers.


Cemindia Projects Days Payable Historical Data

* Premium members only.

The historical data trend for Cemindia Projects's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Cemindia Projects Days Payable Chart

Cemindia Projects Annual Data
Trend Dec15 Dec16 Dec17 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 158.20 159.58 137.12 108.35 104.10

Cemindia Projects Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 97.28 112.13 98.28 80.09 91.43

NSE:CEMPRO vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Cemindia Projects's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cemindia Projects Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Cemindia Projects's Days Payable distribution charts can be found below:

* The bar in red indicates where Cemindia Projects's Days Payable falls into.


NSE:CEMPRO
79GF Score
Cemindia Projects Ltd NSE:CEMPRO
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Cemindia Projects Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Cemindia Projects's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (20452.3 + 21896.5) / 2 ) / 74242.3*365
=21174.4 / 74242.3*365
=104.10

Cemindia Projects's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 21896.5) / 1 ) / 21853.3*365 / 4
=21896.5 / 21853.3*365 / 4
=91.43

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 91.43 mean?
Cemindia Projects (NSE:CEMPRO) has a Days Payable of 91.43 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Cemindia Projects and its competitors. This is 38% below median its historical median of 147.86. Over the past decade, Cemindia Projects' Days Payable has ranged from 99.72 to 256.45. According to the industry distribution chart, Cemindia Projects ranks #649 out of 1709 companies in the Construction industry, placing it in the top 38%.
Is Cemindia Projects' Days Payable too high?
Cemindia Projects' current Days Payable of 91.43 is 38% below median its 10-year median of 147.86. Over the past 10 years, this metric has ranged from a low of 99.72 to a high of 256.45. The Construction industry median Days Payable is 76.72. Cemindia Projects' value of 91.43 is 19.2% above this industry median. Based on the distribution chart, Cemindia Projects ranks #649 out of 1709 companies in the Construction industry, which is above the industry midpoint. Overall, Cemindia Projects has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cemindia Projects' Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Cemindia Projects ranks #649 out of 1709 companies for Days Payable. This puts Cemindia Projects in the upper half of its industry. The industry median Days Payable is 76.72. Cemindia Projects' value of 91.43 is 19.2% above this benchmark. Historically, Cemindia Projects' own Days Payable has ranged from 99.72 to 256.45 over the past decade. While the company's 10-year median is 147.86 vs. the industry median of 76.72, Cemindia Projects has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Construction company?
The median Days Payable among Construction companies is 76.72, based on 1,709 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cemindia Projects's current Days Payable of 91.43 is 19.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Cemindia Projects and its competitors. For the Construction industry, the median Days Payable is 76.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cemindia Projects's current Days Payable is 91.43, which is 38% below median its own 10-year median of 147.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cemindia Projects stock overvalued right now?
Based on GuruFocus' analysis, Cemindia Projects (NSE:CEMPRO) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹648.51, compared to a current price of ₹1,449.00 — trading 123.4% above its estimated fair value. The current Days Payable is 91.43, which is 38% below median its 10-year median of 147.86 and 19.2% above the Construction industry median of 76.72. Cemindia Projects' overall GF Score™ is 79/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Cemindia Projects (NSE:CEMPRO), the current Days Payable is 91.43 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Cemindia Projects (NSE:CEMPRO) Overvalued in 2026?

Based on GuruFocus' analysis, Cemindia Projects stock appears to be overvalued. The current stock price of ₹1,449.00 is trading 123.4% above its estimated GF Value™ of ₹648.51. GuruFocus considers Cemindia Projects to be Significantly Overvalued.

Key valuation signals for NSE:CEMPRO:

  • Days Payable: 91.43 (38% below median its 10-year median of 147.86)
  • GF Value™: ₹648.51 vs. price of ₹1,449.00 (123.4% above fair value)
  • GF Score™: 79/100 with 6 warning signs
  • Industry Position: 19.2% above the Construction median (#649 of 1709)

No single metric tells the full story. See the NSE:CEMPRO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cemindia Projects Business Description

Other Exchanges 509496:India
Address Gate No. 5, Saki Vihar Road, 9th Floor, Prima Bay, Tower - B, Powai, Mumbai, MH, IND, 400072
Cemindia Projects Ltd engaged in Engineering, Procurement and Construction of a wide variety of structures like maritime structures, Mass Rapid Transport Systems (MRTS), dams & tunnels, airports, highways, bridges & flyovers and other foundations and specialised engineering work. The company's business activities are Maritime Structures; Urban Infrastructure, MRTS and Airports; Industrial Structures and Buildings; Highways, Bridges and Flyovers; Data Centre; Hydro, Dams, Tunnels & Irrigation; Foundation & Specialist Engineering; Water and Wastewater. The company has one segment of Engineering and Construction. The company has presence in India and Outside India. The company generates majority of revenue from India.
79GF Score

Get the complete analysis for NSE:CEMPRO

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,449.00
Price
₹648.51
GF Value