The Ramco Cements Ltd
The Ramco Cements is engaged in manufacture of Cement, Ready Mix Concrete and Dry Mortar products. The Company caters mainly to the domestic markets.The Company is also engaged in sale of surplus electricity generated from its windmills after meeting its captive requirements.(Source : 202003 Annual Report Page No:131)
- Market Cap ₹ 23,449 Cr.
- Current Price ₹ 994
- High / Low ₹ 1,014 / 455
- Stock P/E 33.0
- Book Value ₹ 228
- Dividend Yield 0.25 %
- ROCE 12.2 %
- ROE 12.7 %
- Face Value ₹ 1.00
Pros
- No pros found. Suggest something.
Cons
- Stock is trading at 4.36 times its book value
- The company has delivered a poor sales growth of 8.07% over past five years.
- Company has a low return on equity of 12.86% for last 3 years.
- Company might be capitalizing the interest cost
- Dividend payout has been low at 12.04% of profits over last 3 years
Peer comparison
Sector: Cement Industry: Cement - South India
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1,015 | 1,224 | 1,192 | 1,211 | 1,535 | 1,389 | 1,324 | 1,282 | 1,394 | 1,048 | 1,266 | 1,344 | |
670 | 971 | 938 | 998 | 1,212 | 1,027 | 1,024 | 1,077 | 1,114 | 785 | 819 | 946 | |
Operating Profit | 345 | 253 | 255 | 214 | 324 | 362 | 300 | 205 | 280 | 263 | 447 | 398 |
OPM % | 34% | 21% | 21% | 18% | 21% | 26% | 23% | 16% | 20% | 25% | 35% | 30% |
Other Income | 3 | 4 | 4 | 6 | 12 | 8 | 8 | 8 | 10 | 9 | 8 | 6 |
Interest | 45 | 12 | 13 | 14 | 13 | 14 | 15 | 22 | 22 | 30 | 27 | 16 |
Depreciation | 66 | 74 | 73 | 76 | 77 | 76 | 77 | 80 | 83 | 85 | 86 | 90 |
Profit before tax | 238 | 172 | 173 | 130 | 245 | 280 | 216 | 111 | 185 | 158 | 343 | 298 |
Tax % | 14% | 27% | 32% | 23% | 33% | 31% | 21% | 14% | 21% | 30% | 30% | 32% |
Net Profit | 206 | 128 | 120 | 98 | 165 | 194 | 172 | 95 | 143 | 117 | 244 | 207 |
EPS in Rs | 8.67 | 5.43 | 5.11 | 4.14 | 7.00 | 8.24 | 7.31 | 4.02 | 6.07 | 4.98 | 10.33 | 8.76 |
Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | TTM | |
---|---|---|---|---|---|---|---|---|
3,684 | 3,655 | 3,582 | 3,967 | 4,425 | 5,162 | 5,389 | 5,051 | |
3,120 | 2,935 | 2,504 | 2,759 | 3,310 | 4,117 | 4,241 | 3,663 | |
Operating Profit | 564 | 721 | 1,077 | 1,208 | 1,115 | 1,046 | 1,149 | 1,389 |
OPM % | 15% | 20% | 30% | 30% | 25% | 20% | 21% | 27% |
Other Income | 63 | 85 | 75 | 40 | 32 | 25 | 34 | 32 |
Interest | 189 | 196 | 184 | 105 | 61 | 53 | 73 | 94 |
Depreciation | 306 | 251 | 305 | 286 | 294 | 300 | 317 | 344 |
Profit before tax | 131 | 358 | 663 | 857 | 792 | 718 | 792 | 983 |
Tax % | 13% | 32% | 20% | 24% | 29% | 29% | 24% | |
Net Profit | 115 | 246 | 545 | 663 | 564 | 511 | 604 | 711 |
EPS in Rs | 4.81 | 10.34 | 22.90 | 27.84 | 23.95 | 21.68 | 25.65 | 30.14 |
Dividend Payout % | 21% | 15% | 13% | 11% | 13% | 14% | 10% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 8% |
3 Years: | 11% |
TTM: | -9% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 20% |
3 Years: | -3% |
TTM: | 14% |
Stock Price CAGR | |
---|---|
10 Years: | 27% |
5 Years: | 22% |
3 Years: | 10% |
1 Year: | 28% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 15% |
3 Years: | 13% |
Last Year: | 13% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Sep 2020 | |
---|---|---|---|---|---|---|---|---|
24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | |
Reserves | 2,435 | 2,602 | 3,109 | 3,772 | 4,089 | 4,513 | 4,978 | 5,352 |
Borrowings | 2,910 | 2,734 | 2,141 | 1,437 | 1,121 | 1,637 | 3,024 | 2,353 |
1,476 | 1,646 | 1,670 | 1,838 | 1,936 | 2,029 | 2,107 | 2,839 | |
Total Liabilities | 6,846 | 7,006 | 6,944 | 7,071 | 7,169 | 8,203 | 10,132 | 10,568 |
4,650 | 4,882 | 5,026 | 5,211 | 5,323 | 5,400 | 6,049 | 6,243 | |
CWIP | 354 | 263 | 147 | 120 | 175 | 853 | 1,840 | 2,133 |
Investments | 283 | 358 | 327 | 210 | 240 | 259 | 276 | 291 |
1,559 | 1,503 | 1,444 | 1,529 | 1,432 | 1,692 | 1,967 | 1,900 | |
Total Assets | 6,846 | 7,006 | 6,944 | 7,071 | 7,169 | 8,203 | 10,132 | 10,568 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|
509 | 932 | 1,089 | 1,117 | 1,124 | 793 | 748 | |
-571 | -477 | -261 | -280 | -490 | -1,202 | -1,921 | |
53 | -436 | -950 | -665 | -793 | 653 | 1,194 | |
Net Cash Flow | -9 | 18 | -122 | 172 | -159 | 243 | 21 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|
ROCE % | 10% | 16% | 18% | 16% | 13% | 12% | |
Debtor Days | 30 | 38 | 48 | 51 | 37 | 35 | 36 |
Inventory Turnover | 2.29 | 2.08 | 2.11 | 2.60 | 3.39 | 3.19 |
Documents
Add documentRecent announcements
- Closure of Trading Window 1d
- Board Meeting Intimation for Payment Of Interim Dividend For The Year 2020-2021. 1d
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 22 Feb
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 19 Feb
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 19 Feb
View all
Annual reports
- Financial Year 2020 from bse
- Financial Year 2019 from bse
- Financial Year 2018 from bse
- Financial Year 2017 from bse
- Financial Year 2016 from bse
- Financial Year 2015 from bse
- Financial Year 2014 from bse
- Financial Year 2013 from bse
- Financial Year 2012 from bse
- Financial Year 2011 from bse
- Financial Year 2011 from nse
- Financial Year 2010 from bse
- Financial Year 2010 from nse