- 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.