ITD Cementation India Limited, a prominent player in the Indian engineering and construction sector, announced on June 19, 2025, that it has secured two new contracts worth approximately ₹960 crore, excluding GST. These projects mark a significant addition to the company’s growing portfolio of major infrastructure developments across the country.

Details of the Contracts

The company revealed that the two new projects include:

• Construction works at Trivandrum International Airport, Kerala

• Construction of a multi-storied commercial building in Kolkata, West Bengal

These developments fall within the ordinary course of business for ITD Cementation, which has long been engaged in complex and large-scale infrastructure assignments throughout India.

About ITD Cementation India Limited

With a history of over nine decades of engineering excellence, ITD Cementation India Limited has earned a reputation for delivering high-quality infrastructure projects. The company specialises in heavy civil, EPC, and infrastructure segments, and maintains an established presence in sectors such as:

• Maritime Structures

• Mass Rapid Transit Systems

• Airports

• Hydroelectric Power

• Tunnels, Dams & Irrigation Projects

• Highways, Bridges & Flyovers

• Industrial Buildings and Structures

• Water & Wastewater Management

• Foundation and Specialist Engineering Services

Its operations span across India, and its clients include government agencies, private sector conglomerates, and global firms participating in India's infrastructure growth.

Strategic Importance of the New Projects

The new contracts serve strategic objectives for the company, especially in expanding its airport infrastructure vertical and penetrating deeper into the urban commercial real estate construction space.

The Trivandrum Airport project underlines the company's expertise in aviation infrastructure, an area of focus due to increasing air traffic and modernisation needs across India’s tier-2 and tier-3 airports. Simultaneously, the multi-storey commercial building project in Kolkata reflects the company’s versatility and strong positioning in high-rise urban infrastructure.

These two high-value contracts enhance ITD Cementation's order book, strengthen its revenue visibility, and confirm market confidence in its execution capabilities.

Financial and Business Impact

Though the exact duration of the projects was not disclosed, such contracts generally span multiple quarters, ensuring steady revenue inflow and improved utilisation of technical manpower and equipment assets.

Further, the contract size of ₹960 crore excluding GST significantly contributes to the company’s top-line projections for the current and next fiscal years. It also aligns with ITD Cementation’s goal of achieving sustained growth across diversified infrastructure verticals.

These wins may also positively influence investor sentiment and reinforce stakeholder trust in the company’s operational performance and bidding competitiveness in the domestic infrastructure space.

Regulatory and Disclosure Compliance

The company submitted a formal intimation to BSE and NSE under SEBI's Regulation 30 guidelines. The disclosure emphasised that these contracts are part of the regular business activities of the company, thus not requiring additional shareholder approvals or triggering material related party transaction norms.

A press release was issued along with the filing, sharing key highlights of the deal to ensure transparency and timely communication with stakeholders.

Conclusion

With this ₹960 crore win, ITD Cementation India Limited has once again proven its strength in delivering complex infrastructure solutions in India. These contracts are more than just numbers—they represent the company’s ongoing commitment to building India’s future through sustainable, high-quality civil and EPC projects.

As India continues to prioritise infrastructure modernisation, especially in aviation and commercial construction sectors, ITD Cementation is well-poised to capitalise on new opportunities. The announcement of these new contracts not only boosts the company’s portfolio but also underscores its competitive edge in securing prestigious, high-value projects in the country’s infrastructure domain.

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