Ramco Industries Ltd
Part of the Chennai-based Ramco Group; Ramco Industries Ltd. is engaged in the manufacture of Fiber Cement (FC) sheets and Calcium Silicate Boards (CSBs). Company is also engaged in the spinning of cotton yarn; sale of surplus electricity generated from its windmills and computer software.
- Market Cap ₹ 2,966 Cr.
- Current Price ₹ 342
- High / Low ₹ 398 / 231
- Stock P/E 23.6
- Book Value ₹ 155
- Dividend Yield 0.37 %
- ROCE 10.3 %
- ROE 7.79 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
Cons
- The company has delivered a poor sales growth of 7.55% over past five years.
- Company has a low return on equity of 6.83% over last 3 years.
- Earnings include an other income of Rs.68.4 Cr.
- Dividend payout has been low at 3.71% of profits over last 3 years
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Commodities Construction Materials Other Construction Materials Other Construction Materials
Part of BSE Commodities BSE 1000
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 720 | 707 | 712 | 799 | 898 | 826 | 1,003 | 1,184 | 1,310 | 1,299 | 1,402 | 1,444 | 1,510 | |
| 680 | 667 | 639 | 709 | 794 | 753 | 850 | 1,016 | 1,187 | 1,195 | 1,290 | 1,304 | 1,342 | |
| Operating Profit | 40 | 40 | 73 | 90 | 104 | 73 | 153 | 168 | 123 | 104 | 113 | 140 | 167 |
| OPM % | 6% | 6% | 10% | 11% | 12% | 9% | 15% | 14% | 9% | 8% | 8% | 10% | 11% |
| 36 | 46 | 55 | 54 | 34 | 58 | 44 | 30 | 32 | 35 | 53 | 58 | 68 | |
| Interest | 37 | 40 | 34 | 22 | 15 | 15 | 9 | 9 | 19 | 24 | 17 | 18 | 16 |
| Depreciation | 19 | 20 | 21 | 23 | 25 | 26 | 28 | 29 | 31 | 35 | 33 | 34 | 34 |
| Profit before tax | 20 | 27 | 73 | 99 | 98 | 91 | 160 | 160 | 104 | 80 | 115 | 146 | 186 |
| Tax % | -6% | -23% | 18% | 27% | 25% | 28% | 31% | 33% | 8% | 25% | 23% | 24% | |
| 21 | 33 | 60 | 72 | 73 | 66 | 111 | 107 | 96 | 60 | 88 | 111 | 139 | |
| EPS in Rs | 2.42 | 3.85 | 6.91 | 8.31 | 8.45 | 7.56 | 12.78 | 12.34 | 11.04 | 6.87 | 10.18 | 12.81 | 15.97 |
| Dividend Payout % | 12% | 13% | 7% | 6% | 6% | 7% | 8% | 8% | 9% | 11% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 8% |
| 3 Years: | 3% |
| TTM: | 11% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | -2% |
| 3 Years: | 3% |
| TTM: | 35% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 3% |
| 3 Years: | 24% |
| 1 Year: | 11% |
| Return on Equity | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 8% |
| 3 Years: | 7% |
| Last Year: | 8% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| Reserves | 468 | 515 | 581 | 656 | 727 | 776 | 892 | 998 | 1,096 | 1,168 | 1,246 | 1,336 |
| 404 | 359 | 336 | 213 | 187 | 238 | 152 | 224 | 308 | 244 | 258 | 171 | |
| 126 | 127 | 186 | 197 | 203 | 239 | 283 | 293 | 243 | 221 | 248 | 238 | |
| Total Liabilities | 1,006 | 1,010 | 1,112 | 1,073 | 1,126 | 1,262 | 1,336 | 1,524 | 1,656 | 1,641 | 1,760 | 1,754 |
| 370 | 376 | 396 | 395 | 415 | 439 | 447 | 498 | 537 | 538 | 532 | 530 | |
| CWIP | 3 | 14 | 2 | 5 | 1 | 19 | 34 | 17 | 11 | 5 | 4 | 14 |
| Investments | 213 | 236 | 241 | 247 | 260 | 281 | 337 | 397 | 400 | 441 | 538 | 525 |
| 419 | 385 | 472 | 427 | 451 | 524 | 517 | 612 | 708 | 657 | 686 | 686 | |
| Total Assets | 1,006 | 1,010 | 1,112 | 1,073 | 1,126 | 1,262 | 1,336 | 1,524 | 1,656 | 1,641 | 1,760 | 1,754 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 62 | 23 | -1 | 109 | 52 | 10 | 119 | 21 | -37 | 87 | 48 | 94 | |
| 1 | 29 | 43 | 42 | -4 | -30 | -25 | -85 | -16 | 16 | -48 | 37 | |
| -68 | -49 | -46 | -150 | -44 | 27 | -103 | 63 | 56 | -99 | -8 | -113 | |
| Net Cash Flow | -5 | 2 | -4 | 1 | 4 | 7 | -9 | -1 | 2 | 3 | -8 | 18 |
| Free Cash Flow | 43 | -13 | -30 | 99 | 10 | -53 | 66 | -43 | -99 | 57 | 21 | 50 |
| CFO/OP | 157% | 55% | -6% | 111% | 52% | 20% | 81% | 15% | -25% | 85% | 47% | 70% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 35 | 36 | 38 | 40 | 38 | 35 | 32 | 34 | 17 | 19 | 26 | 22 |
| Inventory Days | 206 | 204 | 285 | 201 | 201 | 286 | 244 | 230 | 280 | 269 | 244 | 249 |
| Days Payable | 29 | 32 | 48 | 30 | 31 | 55 | 49 | 30 | 11 | 13 | 18 | 12 |
| Cash Conversion Cycle | 211 | 207 | 274 | 211 | 208 | 266 | 228 | 234 | 285 | 275 | 253 | 260 |
| Working Capital Days | 3 | 7 | 4 | 40 | 30 | 27 | 47 | 45 | 59 | 66 | 75 | 84 |
| ROCE % | 5% | 6% | 10% | 12% | 13% | 10% | 16% | 15% | 9% | 7% | 9% | 10% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cotton Yarn Production Volume Lakh Kgs |
|
||||||||||
| Cotton Yarn Sales Volume Lakh Kgs |
|||||||||||
| Fibre Cement Sheets Production Volume MT |
|||||||||||
| Fibre Cement Sheets Sales Volume MT |
|||||||||||
| Wind Power Generation Lakh Units |
|||||||||||
| Calcium Silicate Boards Sales Volume MT |
|||||||||||
| Number of Dealers / Distributors count |
|||||||||||
Extracted by Screener AI
Documents
Announcements
-
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
- 61st AGM resolutions passed; Rs 1.25/share dividend, director reappointment, and cost auditor ratification approved.
- Shareholder Meeting / Postal Ballot-Outcome of AGM
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
- Newspaper publication of Unaudited Financial Results of the Company for the Quarter ended 30.6.2026.
-
Board Meeting Outcome for Unaudited Standalone And Consolidated Financial Results For The Quarter Ended 30.6.2026 And Limited Review Report Of The Auditors Thereon
- Ramco Industries approved Q1 FY27 unaudited standalone and consolidated results on 10 August 2026; auditors gave unmodified opinion.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
- Notice to Shareholders - Copy of Newspaper Publication
Annual reports
-
Annual Report 2026
from bse
-
Annual Report 2025
from bse
-
Annual Report 2024
from bse
-
Annual Report 2023
from bse
-
Annual Report 2022
from bse
-
Annual Report 2021
from bse
-
Annual Report 2020
from bse
-
Annual Report 2019
from bse
-
Annual Report 2018
from bse
-
Annual Report 2017
from bse
-
Annual Report 2016
from bse
-
Annual Report 2015
from bse
-
Annual Report 2014
from bse
-
Annual Report 2013
from bse
-
Annual Report 2012
from bse
Business Segments