WEBSITE BSE:532369 NSE: RAMCO INDS. Inc. Year: 1965 Industry: Cement & Construction Materials
Last updated: 09:44
Ramco Industries Ltd is an totally India-based Company, that is engaged inside the manufacture of fiber cement (FC) sheets and calcium silicate boards (CSBs). The Company’s segments consist of building products, fabric, and wind power generation. It is in preparation and spinning of cotton fiber which includes mixed cotton. The Company manufactures insulation boards of vegetable fiber, straw, or wooden waste, agglomerated with cement and other mineral binders. It is likewise engaged in sale of surplus energy generated from its windmills....Read More
Ramco Industries Ltd is an totally India-based Company, that is engaged inside the manufacture of fiber cement (FC) sheets and calcium silicate boards (CSBs). The Company’s segments consist of building products, fabric, and wind power generation. It is in preparation and spinning of cotton fiber which includes mixed cotton. The Company manufactures insulation boards of vegetable fiber, straw, or wooden waste, agglomerated with cement and other mineral binders. It is likewise engaged in sale of surplus energy generated from its windmills. It also manufactures asbestos sheets. It serves numerous markets, along with Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, Kerala, Select Markets of Chhattisgarh, Orissa, West Bengal, Jharkhand, Gujarat, parts of Maharashtra and Madhya Pradesh. Its subsidiaries include Sudharsanam Investments Ltd, Sri Ramco Lanka (Pvt) Ltd, Sri Lanka, and Sri Ramco Roofings Lanka (Pvt) Ltd. ...Read Less
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Market Cap ₹2762 Cr.
Stock P/E 29.5
P/B 0.6
Current Price ₹318
Book Value ₹ 501
Face Value 1
52W High ₹398.1
Dividend Yield 0.31%
52W Low ₹ 216.7
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
| #(Fig in Cr.) | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 487 | 316 | 334 | 365 | 543 | 353 | 344 | 419 | 527 | 365 |
| Other Income | 4 | 3 | 3 | 4 | 3 | 3 | 4 | 6 | 3 | 4 |
| Total Income | 491 | 319 | 336 | 369 | 546 | 356 | 347 | 424 | 530 | 369 |
| Total Expenditure | 433 | 287 | 300 | 325 | 486 | 312 | 307 | 375 | 459 | 313 |
| Operating Profit | 58 | 32 | 36 | 44 | 60 | 45 | 41 | 50 | 71 | 56 |
| Interest | 6 | 6 | 7 | 6 | 4 | 3 | 5 | 5 | 5 | 4 |
| Depreciation | 9 | 9 | 9 | 10 | 9 | 9 | 9 | 9 | 9 | 9 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 43 | 18 | 20 | 28 | 47 | 33 | 27 | 35 | 57 | 43 |
| Provision for Tax | 10 | 10 | 7 | 8 | 11 | 19 | 12 | 7 | 12 | 23 |
| Profit After Tax | 33 | 8 | 13 | 20 | 36 | 13 | 16 | 29 | 46 | 20 |
| Adjustments | 7 | -12 | 13 | 24 | 3 | 4 | 73 | 7 | 20 | 21 |
| Profit After Adjustments | 40 | -4 | 26 | 44 | 39 | 17 | 89 | 36 | 66 | 41 |
| Adjusted Earnings Per Share | 4.7 | -0.5 | 3.2 | 5.2 | 4.7 | 2 | 10.3 | 4.1 | 7.6 | 4.7 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 895 | 865 | 881 | 932 | 1036 | 974 | 1209 | 1460 | 1458 | 1501 | 1659 | 1655 |
| Other Income | 11 | 31 | 11 | 31 | 24 | 41 | 25 | 9 | 22 | 16 | 16 | 17 |
| Total Income | 906 | 896 | 891 | 963 | 1061 | 1015 | 1234 | 1469 | 1479 | 1517 | 1674 | 1670 |
| Total Expenditure | 814 | 785 | 764 | 814 | 909 | 871 | 1017 | 1235 | 1306 | 1346 | 1480 | 1454 |
| Operating Profit | 91 | 110 | 128 | 149 | 152 | 144 | 217 | 234 | 173 | 171 | 195 | 218 |
| Interest | 38 | 40 | 34 | 22 | 15 | 15 | 10 | 9 | 21 | 25 | 17 | 19 |
| Depreciation | 25 | 25 | 26 | 28 | 29 | 31 | 33 | 33 | 34 | 37 | 36 | 36 |
| Exceptional Income / Expenses | 10 | 12 | 12 | 13 | 0 | 5 | 0 | 0 | 3 | 0 | 0 | 0 |
| Profit Before Tax | 39 | 57 | 79 | 112 | 107 | 103 | 175 | 193 | 122 | 109 | 142 | 162 |
| Provision for Tax | 3 | -0 | 24 | 33 | 33 | 34 | 59 | 66 | 14 | 36 | 48 | 54 |
| Profit After Tax | 36 | 57 | 55 | 79 | 75 | 69 | 116 | 127 | 108 | 73 | 94 | 111 |
| Adjustments | 54 | 134 | 149 | 97 | 99 | 101 | 163 | 176 | 16 | 33 | 87 | 121 |
| Profit After Adjustments | 90 | 192 | 205 | 176 | 173 | 170 | 279 | 303 | 124 | 106 | 181 | 232 |
| Adjusted Earnings Per Share | 10.4 | 22.1 | 23.6 | 20.3 | 20 | 19.6 | 32.2 | 34.9 | 14.3 | 12.2 | 20.8 | 26.7 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 11% | 4% | 11% | 6% |
| Operating Profit CAGR | 14% | -6% | 6% | 8% |
| PAT CAGR | 29% | -10% | 6% | 10% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | 30% | 30% | 6% | 12% |
| ROE Average | 2% | 2% | 3% | 3% |
| ROCE Average | 4% | 3% | 4% | 4% |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shareholder's Funds | 611 | 2523 | 2716 | 2885 | 3052 | 3209 | 3484 | 3759 | 3884 | 4061 | 4233 |
| Minority's Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Borrowings | 113 | 136 | 65 | 56 | 26 | 26 | 24 | 15 | 31 | 11 | 75 |
| Other Non-Current Liabilities | 39 | 6 | 16 | 35 | 15 | 27 | 48 | 68 | 59 | 60 | 61 |
| Total Current Liabilities | 401 | 394 | 467 | 339 | 371 | 452 | 412 | 452 | 491 | 450 | 450 |
| Total Liabilities | 1164 | 3059 | 3263 | 3315 | 3464 | 3713 | 3968 | 4294 | 4465 | 4583 | 4819 |
| Fixed Assets | 407 | 407 | 424 | 424 | 442 | 466 | 472 | 522 | 563 | 565 | 558 |
| Other Non-Current Assets | 288 | 2161 | 2290 | 2384 | 2492 | 2636 | 2865 | 3098 | 3091 | 3191 | 3358 |
| Total Current Assets | 470 | 491 | 550 | 507 | 530 | 611 | 631 | 674 | 811 | 827 | 903 |
| Total Assets | 1164 | 3059 | 3263 | 3315 | 3464 | 3713 | 3968 | 4294 | 4465 | 4583 | 4819 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 40 | 37 | 65 | 55 | 44 | 64 | 64 | 77 | 90 | 73 | 87 |
| Cash Flow from Operating Activities | 89 | 79 | 47 | 126 | 88 | 36 | 190 | 88 | -43 | 135 | 132 |
| Cash Flow from Investing Activities | -15 | 6 | -9 | 13 | -33 | -63 | -73 | -138 | -27 | -21 | -107 |
| Cash Flow from Financing Activities | -77 | -57 | -48 | -150 | -36 | 27 | -104 | 63 | 54 | -100 | -11 |
| Net Cash Inflow / Outflow | -3 | 28 | -9 | -12 | 20 | 0 | 14 | 13 | -17 | 14 | 14 |
| Closing Cash & Cash Equivalent | 37 | 65 | 55 | 44 | 64 | 64 | 77 | 90 | 73 | 87 | 101 |
| # | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | 10.39 | 22.13 | 23.63 | 20.31 | 20 | 19.56 | 32.16 | 34.95 | 14.28 | 12.18 | 20.84 |
| CEPS(Rs) | 7.01 | 9.51 | 9.42 | 12.31 | 12 | 11.52 | 17.14 | 18.37 | 16.3 | 12.67 | 14.93 |
| DPS(Rs) | 0.3 | 0.8 | 0.5 | 0.5 | 0.5 | 0.5 | 1 | 1 | 1 | 0.75 | 1 |
| Book NAV/Share(Rs) | 70.52 | 291.14 | 313.4 | 332.96 | 352.19 | 370.33 | 402.01 | 433.64 | 447.42 | 467.8 | 487.51 |
| Core EBITDA Margin(%) | 8.24 | 8.4 | 12.09 | 12.07 | 12.15 | 10.43 | 15.91 | 15.41 | 10.42 | 10.21 | 10.69 |
| EBIT Margin(%) | 7.9 | 10.38 | 11.68 | 13.7 | 11.63 | 11.95 | 15.27 | 13.78 | 9.79 | 8.8 | 9.48 |
| Pre Tax Margin(%) | 3.98 | 6.1 | 8.2 | 11.48 | 10.2 | 10.46 | 14.48 | 13.19 | 8.35 | 7.15 | 8.47 |
| PAT Margin (%) | 3.72 | 6.1 | 5.71 | 8.08 | 7.09 | 6.98 | 9.59 | 8.67 | 7.38 | 4.81 | 5.6 |
| Cash Profit Margin (%) | 6.24 | 8.75 | 8.42 | 10.94 | 9.89 | 10.11 | 12.28 | 10.9 | 9.71 | 7.24 | 7.74 |
| ROA(%) | 3.28 | 2.72 | 1.75 | 2.4 | 2.2 | 1.92 | 3.02 | 3.06 | 2.46 | 1.61 | 1.99 |
| ROE(%) | 6.39 | 3.67 | 2.11 | 2.81 | 2.51 | 2.2 | 3.46 | 3.49 | 2.82 | 1.84 | 2.26 |
| ROCE(%) | 7.87 | 5 | 3.81 | 4.35 | 3.86 | 3.53 | 5.21 | 5.28 | 3.49 | 3.14 | 3.61 |
| Receivable days | 25.05 | 27.8 | 27.08 | 30.16 | 31.96 | 32.98 | 26.85 | 23.37 | 19.19 | 15.61 | 18.48 |
| Inventory Days | 100.27 | 113.08 | 119.65 | 117.21 | 99.18 | 118.96 | 110.32 | 98.7 | 127.32 | 145.67 | 132.66 |
| Payable days | 24.67 | 39.05 | 50.22 | 40.44 | 32.96 | 42.89 | 43.48 | 33.32 | 17.63 | 11.5 | 14.05 |
| PER(x) | 6.73 | 4.16 | 10.12 | 11.21 | 10.64 | 5.73 | 7.98 | 6.04 | 8.68 | 16.5 | 10.87 |
| Price/Book(x) | 0.99 | 0.32 | 0.76 | 0.68 | 0.6 | 0.3 | 0.64 | 0.49 | 0.28 | 0.43 | 0.46 |
| Dividend Yield(%) | 0.43 | 0.87 | 0.21 | 0.22 | 0.24 | 0.45 | 0.39 | 0.47 | 0.81 | 0.37 | 0.44 |
| EV/Net Sales(x) | 1.1 | 1.27 | 2.67 | 2.3 | 1.9 | 1.18 | 1.9 | 1.34 | 0.9 | 1.26 | 1.28 |
| EV/Core EBITDA(x) | 10.76 | 9.93 | 18.42 | 14.38 | 12.96 | 7.95 | 10.58 | 8.39 | 7.56 | 11.13 | 10.89 |
| Net Sales Growth(%) | 9.75 | -3.35 | 1.87 | 5.82 | 11.21 | -6.02 | 24.16 | 20.71 | -0.16 | 3.01 | 10.48 |
| EBIT Growth(%) | 202.33 | 27.17 | 15.7 | 18.08 | -8.49 | -3.49 | 56.45 | 8.97 | -29.11 | -6.39 | 18.89 |
| PAT Growth(%) | 1275.44 | 58.69 | -3.76 | 42.44 | -5.42 | -7.49 | 68.17 | 9.13 | -14.93 | -32.2 | 28.34 |
| EPS Growth(%) | 3022.3 | 113 | 6.75 | -14.03 | -1.55 | -2.17 | 64.42 | 8.65 | -59.12 | -14.75 | 71.13 |
| Debt/Equity(x) | 0.68 | 0.14 | 0.12 | 0.07 | 0.06 | 0.07 | 0.04 | 0.06 | 0.08 | 0.06 | 0.06 |
| Current Ratio(x) | 1.17 | 1.24 | 1.18 | 1.5 | 1.43 | 1.35 | 1.53 | 1.49 | 1.65 | 1.84 | 2.01 |
| Quick Ratio(x) | 0.45 | 0.5 | 0.45 | 0.66 | 0.66 | 0.56 | 0.62 | 0.57 | 0.43 | 0.48 | 0.66 |
| Interest Cover(x) | 2.02 | 2.42 | 3.36 | 6.17 | 8.1 | 8.04 | 19.31 | 23.28 | 6.8 | 5.34 | 9.36 |
| Total Debt/Mcap(x) | 0.68 | 0.46 | 0.16 | 0.11 | 0.1 | 0.24 | 0.07 | 0.12 | 0.29 | 0.14 | 0.13 |
| # | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 53.88 | 53.88 | 54.81 | 54.81 | 54.81 | 54.81 | 54.81 | 54.81 | 54.79 | 54.79 |
| FII | 0.71 | 0.9 | 0.85 | 0.98 | 0.96 | 1.43 | 0.81 | 1.13 | 1.27 | 0.81 |
| DII | 4.24 | 4.18 | 4.18 | 4.18 | 4.18 | 4.18 | 4.19 | 3.85 | 3.51 | 3.25 |
| Public | 41.17 | 41.04 | 40.17 | 40.03 | 40.05 | 39.59 | 40.19 | 40.22 | 40.44 | 41.15 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 4.68 | 4.68 | 4.76 | 4.76 | 4.76 | 4.76 | 4.76 | 4.76 | 4.76 | 4.76 |
| FII | 0.06 | 0.08 | 0.07 | 0.09 | 0.08 | 0.12 | 0.07 | 0.1 | 0.11 | 0.07 |
| DII | 0.37 | 0.36 | 0.36 | 0.36 | 0.36 | 0.36 | 0.36 | 0.33 | 0.3 | 0.28 |
| Public | 3.57 | 3.56 | 3.49 | 3.48 | 3.48 | 3.44 | 3.49 | 3.49 | 3.51 | 3.57 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8.68 | 8.68 | 8.68 | 8.68 | 8.68 | 8.68 | 8.68 | 8.68 | 8.68 | 8.68 |
* The pros and cons are machine generated.
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