ITD Cementation Share Price Rises 7% on June 10; Wins ₹893 Crore Odisha Jetty Project

ITD Cementation India Limited has been gaining attention on Tuesday. The company announced a significant contract award for infrastructure development in Odisha.

The company informed stock exchanges that it has secured an order worth approximately ₹893 crore, inclusive of GST. The project involves the construction of a Berth and Breakwater as part of the development of Greenfield Captive Jetty(s) in Odisha.

This contract reinforces ITD Cementation’s strong presence in the marine infrastructure segment and demonstrates its capability in executing complex engineering projects.

Major Project at Jaipur International Airport

Earlier, on May 13, ITD Cementation had disclosed another major win – a contract worth approximately ₹593 crore (excluding GST) for executing various infrastructure works at Jaipur International Airport in Rajasthan. This project is aimed at upgrading the airport’s facilities to support rising passenger traffic and enhance operational efficiency. It highlights ITD Cementation’s growing footprint in the aviation infrastructure space.

FY25 Performance for ITD Cementation India Ltd

ITD Cementation India Ltd reported a financial performance for FY25, with total operating income rising 18% YoY to ₹9,097 crore. EBITDA stood at ₹923 crore, up 14% YoY, while PAT surged 36% YoY to ₹373 crore. For Q4 FY25, the company recorded a 10% YoY rise in income to ₹2,480 crore and a 27% YoY jump in PAT to ₹114 crore.

The order book stood at ₹18,300 crore, with ₹7,100 crore in new orders. Backed by a low net debt-to-equity ratio of 0.31x, the Board has recommended a dividend of ₹2.0 per share.

ITD Cementation Share Price Performance

On June 10, 2025, ITD Cementation share price (NSE: ITDCEM) opened at ₹800.00, up from its previous close of ₹759.20. At 9:25 AM, the share price of ITD Cementation was trading at ₹814.40, up by 7.27% on the NSE. Notably, the stock price hit its 52-week high at ₹830.00 today.

Also Read: Wipro Block Deal: Over ₹5,000 Crore Worth of Stock Changes Hands!

Conclusion

With both these orders, ITD Cementation has secured infrastructure contracts worth nearly ₹1,486 crore in a short span, boosting its order book and showcasing its expertise across marine and airport infrastructure. These wins further solidify its position as a key player in India’s infrastructure growth story.

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