Cemindia Projects (NSE:CEMPRO) Operating Income: ₹8,904 Mil (TTM As of Jun. 2026)

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NSE:CEMPRO Cemindia Projects Ltd NSE:CEMPRO
80 GF Score
Price ₹1,358.70
GF Value ₹648.74
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Cemindia Projects Operating Income?

Cemindia Projects NSE:CEMPRO +1.27% 80 Operating Income is ₹8,904 Mil as of Jun. 2026. GuruFocus rates NSE:CEMPRO with a GF Score™ of 80/100 and a GF Value™ of ₹648.74 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Cemindia Projects's Operating Income for the three months ended in Jun. 2026 was ₹2,319 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was ₹8,904 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Cemindia Projects's Operating Income for the three months ended in Jun. 2026 was ₹2,319 Mil. Cemindia Projects's Revenue for the three months ended in Jun. 2026 was ₹27,209 Mil. Therefore, Cemindia Projects's Operating Margin % for the quarter that ended in Jun. 2026 was 8.52%.

Good Sign:

Cemindia Projects Ltd operating margin is expanding. Margin expansion is usually a good sign.

Cemindia Projects's 5-Year average Growth Rate for Operating Margin % was 12.70% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cemindia Projects's annualized ROC % for the quarter that ended in Jun. 2026 was 16.76%. Cemindia Projects's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 80.58%.


Cemindia Projects  (NSE:CEMPRO) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Cemindia Projects's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=9276.8 * ( 1 - 26.79% )/( (40510.6 + 0)/ 1 )
=6791.54528/40510.6
=16.76 %

where

Note: The Operating Income data used here is four times the quarterly (Jun. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Cemindia Projects's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=9694/( ( (12030.4 + max(-8903.6, 0)) + (0 + max(0, 0)) )/ 1 )
=9694/( ( 12030.4 + 0 )/ 1 )
=9694/12030.4
=80.58 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12945.6 + 7509.2 + 6861.3) - (24016.1 + 0 + 12203.6)
=-8903.6

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Cemindia Projects's Operating Margin % for the quarter that ended in Jun. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=2319.2/27209.2
=8.52 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Cemindia Projects Operating Income Related Terms


Cemindia Projects Operating Income Historical Data

* Premium members only.

The historical data trend for Cemindia Projects's Operating Income 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 Operating Income Chart

Cemindia Projects Annual Data
Trend Dec15 Dec16 Dec17 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,040.58 3,181.14 5,935.06 6,732.20 8,583.40

Cemindia Projects Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Operating Income 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 1,990.60 1,601.80 1,792.10 3,190.50 2,319.20
NSE:CEMPRO
80GF Score
Cemindia Projects Ltd NSE:CEMPRO
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cemindia Projects Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹8,904 Mil.

* 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 Operating Income →
What does a Operating Income of ₹8,904 Mil mean?
Cemindia Projects (NSE:CEMPRO) has a Operating Income of ₹8,904 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Cemindia Projects and its competitors.
Is Cemindia Projects' Operating Income too high?
Cemindia Projects' current Operating Income is ₹8,904 Mil. Overall, Cemindia Projects has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cemindia Projects' Operating Income compare to PWR and FIX?
Cemindia Projects' Operating Income of ₹8,904 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Construction company?
A good Operating Income depends on the Construction industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Cemindia Projects and its competitors. Cemindia Projects's current Operating Income is ₹8,904 Mil. 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 ₹648.74, compared to a current price of ₹1,358.70 — trading 109.4% above its estimated fair value. The current Operating Income is ₹8,904 Mil. Cemindia Projects' overall GF Score™ is 80/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Cemindia Projects (NSE:CEMPRO), the current Operating Income is ₹8,904 Mil as of Jun. 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 ₹1,358.70 is trading 109.4% above its estimated GF Value™ of ₹648.74. GuruFocus considers Cemindia Projects to be Significantly Overvalued.

Key valuation signals for NSE:CEMPRO:

  • Operating Income: ₹8,904 Mil
  • GF Value™: ₹648.74 vs. price of ₹1,358.70 (109.4% above fair value)
  • GF Score™: 80/100 with 3 warning signs

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.
80GF Score

Get the complete analysis for NSE:CEMPRO

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

₹1,358.70
Price
₹648.74
GF Value