Ramco Industries Limited

Ramco Industries Limited

286.70
INR
-9.00
(-3.04%)
37.79EPS
8.97P/E
29.43BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
94.05
103.22
132.26
100.67
111.55
123.34
116.55
144.78
174.47
173.77
179.15
192.11
205.88
215.95
Basic EPS, GAAP
-0.36
10.39
29.44
23.63
21.07
20.63
20.29
33.38
36.27
14.83
12.66
20.84
35.28
37.79
Free Cash Flow per Basic Share
-5.23
7.42
7.41
0.42
11.06
4.69
-4.42
15.53
0.44
-14.48
11.22
11.88
18.63
- -
Dividend per Share
0.52
0.59
1.14
- -
0.52
0.52
1.04
1.04
- -
1.04
1.04
0.75
1
- -
Book Value per Share
60.21
271.99
291.14
313.4
332.95
352.19
370.33
402.01
433.73
447.42
467.8
487.59
520.72
- -
Tangible Book Value per Share
60.06
271.93
290.96
312.77
332.26
351.32
369.67
401.59
433.27
447.1
467.54
487.41
520.61
- -
Basic Weighted Avg Shares
87
87
65
87
84
84
84
84
83
84
83
87
87
87
Sales/Revenue/Turnover
8,150
8,945
8,646
8,724
9,319
10,304
9,736
12,092
14,567
14,534
14,955
16,675
17,871
18,697
Operating Margin (%)
2.17
6.64
6.61
10.62
9.66
9.61
7.48
13.57
14.83
9.1
8.04
8.63
11.01
12.57
Depreciation Expense
486
245
249
263
279
295
309
326
327
339
370
360
372
376
Net Income, GAAP
-31
901
1,924
2,048
1,760
1,724
1,695
2,787
3,028
1,240
1,057
1,809
3,063
3,272
Effective Tax Rate (%)
- -
6.56
- -
30.38
29.64
30.49
33.3
33.79
34.31
11.55
32.76
33.95
32.32
32.07
Profit Margin (%)
-0.38
10.07
22.26
23.47
18.89
16.73
17.41
23.05
20.79
8.53
7.07
10.85
17.14
17.5
Working Capital
1,020
483
964
827
1,684
1,589
1,590
2,192
2,220
3,199
3,767
4,447
5,438
- -
LT Debt
1,830
1,106
1,357
645
557
256
279
257
169
328
134
775
432
- -
Total Equity
5,218
23,571
25,231
27,160
28,855
30,522
32,094
34,840
37,589
38,840
40,609
42,327
45,220
- -
Return on Invested Capital (%)
- -
1.99
- -
2.19
2.38
2.17
1.51
2.98
3.66
2.9
1.88
2.14
2.97
- -
Return on Capital (%)
- -
6.53
- -
7.39
6.12
5.71
5.3
7.99
8.05
3.39
2.83
4.32
6.87
- -
Return on Common Equity (%)
-0.59
6.26
7.89
7.82
6.28
5.81
5.41
8.33
8.36
3.24
2.66
4.36
7
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
1,283
- -
LT Borrowings
- -
411
- -
LT Finance Leases
- -
20
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
87
87
87
Market Capitalization
26,973
20,304
29,426

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
8,940
- -
Cash, Cash Equivalents & STI
- -
1,370
- -
Accounts Receivable, Net
- -
878
- -
Inventories
- -
6,308
- -
Total Current Liabilities
- -
3,502
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
1,283
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.02%
5.37%
6.83%
Free Cash Flow
-194.24%
-718.97%
56.82%
Net Income, GAAP
12.83%
15.05%
69.29%
Sales/Revenue/Turnover
7.88%
8.36%
7.17%
Total Cash Common Dividend
- -
- -
33.33%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
5,432
3,532
3,437
4,226
16,675
2026
5,315
3,655
3,886
5,018
17,871
2027
6,138
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
4.72
2.02
10.26
4.12
20.84
2026
7.58
4.73
12.94
10.12
35.28
2027
10
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
0.75
2026
- -
- -
- -
- -
1
2027
- -
- -
- -
- -
- -

Company Description

CEO
Prem G. Shanker
Full Time Employees
3,882
Sector
Non-energy minerals
Industry
Construction materials
Address
Auras Corporate Centre Chennai TN India 600004
IPO Date
Nov 6, 1996
Business
Ramco Industries Limited, founded in 1947 and headquartered in Chennai, India, operates primarily in the building materials industry, specializing in manufacturing and supplying green dry construction materials. Its core products include fibre cement sheets; calcium silicate boards; gypsum board false ceilings; fibre cement tiles and planks; and ceiling accessories such as connecting clips, ceiling channels, and self-drilling screws. The company’s prominent brands include Ramco Hilux calcium silicate boards, which are manufactured using advanced technology from Japan and are known for replacing conventional building materials like gypsum boards, plywood, and plaster of Paris due to their versatility and durability. It serves the construction and building sectors across India and South Asia, operating 12 manufacturing plants and a large distribution network. Recent major developments include the approval to set up a new manufacturing plant at Maksi, Madhya Pradesh, dedicated to fibre cement boards, enhancing its production capacity and geographic footprint. Ramco Industries has also strategically invested up to Rs 160 crore to acquire shares in The Ramco Cements Limited, aiming to strengthen its position in the cement sector, with acquisition completion expected within nine months from November 2024. Furthermore, in August 2025, Ramco Windfarms Limited became a wholly owned subsidiary of Ramco Cements, which is connected strategically through the Ramco Group, reflecting operational integration within the parent conglomerate. Financially, the company has recently secured a credit rating reaffirmation from ICRA for Rs 500 crore of long- and short-term credit facilities, underscoring its strong financial health and liquidity management. As part of the diversified Ramco Group, Ramco Industries complements other business interests including cement, roofing products, cotton yarn, surgical cotton, and software. It targets builders, contractors, and developers requiring sustainable and innovative building products and continues to focus on expanding its capacity and distribution reach to meet growing market demand. The company’s operational emphasis remains on innovation in green building solutions and quality manufacturing, maintaining its leadership position in South Asia’s construction materials sector.