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Shreyansh Ghatani

SG Securities
CEMPRO

Cemindia Projects Limited

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Cemindia Projects Limited CC-Nov25.pdf
31 Oct 2025
Open call
  1. I had a couple of questions. Sorry, the first one was on the interest cost. So since we've got rerated, our credit ratings have gone up, should we expect any kind of benefit in terms of the interest cost that we'll be having here?

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  2. No. So the interest rate, I meant like since you've got a rating upgrade, credit rating upgrade, does that have any favorable impact to your rate of interest?

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  3. Got it. The second question was on the data center side. So, this INR1,400 crores, INR1,500 crore order book that we've got. So, you said that 25% is the civil structure. So pretty much like 75% is something that we'll be subcontracting to. So, with that much amount of subcontracts, you think we'll still be able to maintain that around 10% margin?

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