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 ₹ 2,967 Cr.
- Current Price ₹ 342
- High / Low ₹ 398 / 231
- Stock P/E 9.43
- Book Value ₹ 521
- Dividend Yield 0.37 %
- ROCE 4.57 %
- ROE 6.75 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.66 times its book value
- Market value of investments Rs.5,334 Cr. is more than the Market Cap Rs.2,967 Cr.
Cons
- The company has delivered a poor sales growth of 8.19% over past five years.
- Company has a low return on equity of 4.66% 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 863 | 865 | 881 | 932 | 1,036 | 974 | 1,209 | 1,460 | 1,458 | 1,501 | 1,674 | 1,792 | 1,873 | |
| 783 | 785 | 764 | 814 | 909 | 871 | 1,014 | 1,234 | 1,305 | 1,345 | 1,495 | 1,560 | 1,603 | |
| Operating Profit | 80 | 80 | 117 | 118 | 128 | 103 | 195 | 226 | 152 | 157 | 179 | 233 | 269 |
| OPM % | 9% | 9% | 13% | 13% | 12% | 11% | 16% | 15% | 10% | 10% | 11% | 13% | 14% |
| 21 | 43 | 22 | 44 | 24 | 46 | 22 | 8 | 24 | 14 | 15 | 23 | 33 | |
| Interest | 38 | 40 | 34 | 22 | 15 | 15 | 10 | 9 | 21 | 25 | 17 | 18 | 16 |
| Depreciation | 25 | 25 | 26 | 28 | 29 | 31 | 33 | 33 | 34 | 37 | 36 | 37 | 38 |
| Profit before tax | 39 | 57 | 79 | 112 | 107 | 103 | 175 | 193 | 122 | 109 | 142 | 200 | 249 |
| Tax % | 7% | -0% | 30% | 30% | 30% | 33% | 34% | 34% | 12% | 33% | 34% | 32% | |
| 90 | 192 | 205 | 176 | 172 | 170 | 279 | 303 | 124 | 106 | 181 | 306 | 327 | |
| EPS in Rs | 10.39 | 22.21 | 23.63 | 20.31 | 19.89 | 19.56 | 32.16 | 34.95 | 14.28 | 12.18 | 20.84 | 35.27 | 37.68 |
| Dividend Payout % | 3% | 2% | 2% | 2% | 3% | 3% | 3% | 3% | 7% | 6% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 8% |
| 3 Years: | 7% |
| TTM: | 13% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 1% |
| 3 Years: | 34% |
| TTM: | 52% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 4% |
| 3 Years: | 24% |
| 1 Year: | 11% |
| Return on Equity | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 5% |
| 3 Years: | 5% |
| Last Year: | 7% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 602 | 2,514 | 2,707 | 2,877 | 3,044 | 3,201 | 3,475 | 3,750 | 3,875 | 4,052 | 4,224 | 4,513 |
| 413 | 363 | 336 | 213 | 187 | 238 | 152 | 224 | 308 | 242 | 258 | 171 | |
| 140 | 173 | 211 | 217 | 224 | 266 | 332 | 312 | 273 | 273 | 292 | 284 | |
| Total Liabilities | 1,164 | 3,059 | 3,263 | 3,315 | 3,464 | 3,713 | 3,968 | 4,294 | 4,465 | 4,575 | 4,783 | 4,977 |
| 407 | 407 | 424 | 424 | 443 | 467 | 472 | 523 | 563 | 565 | 559 | 557 | |
| CWIP | 10 | 22 | 11 | 10 | 5 | 21 | 36 | 19 | 12 | 6 | 5 | 17 |
| Investments | 261 | 2,129 | 2,270 | 2,366 | 2,477 | 2,602 | 2,817 | 3,053 | 3,058 | 3,172 | 3,340 | 3,485 |
| 487 | 501 | 558 | 515 | 539 | 624 | 643 | 699 | 832 | 832 | 879 | 918 | |
| Total Assets | 1,164 | 3,059 | 3,263 | 3,315 | 3,464 | 3,713 | 3,968 | 4,294 | 4,465 | 4,575 | 4,783 | 4,977 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 89 | 79 | 47 | 126 | 88 | 36 | 190 | 88 | -43 | 135 | 133 | 201 | |
| -15 | 6 | -9 | 13 | -33 | -63 | -73 | -138 | -27 | -21 | -108 | -37 | |
| -77 | -57 | -48 | -150 | -36 | 27 | -104 | 63 | 54 | -100 | -11 | -114 | |
| Net Cash Flow | -3 | 28 | -9 | -12 | 20 | 0 | 14 | 13 | -17 | 14 | 14 | 50 |
| Free Cash Flow | 69 | 40 | 58 | 127 | 45 | -30 | 136 | 21 | -109 | 102 | 104 | 150 |
| CFO/OP | 113% | 95% | 27% | 101% | 62% | 45% | 103% | 45% | -24% | 92% | 82% | 94% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 30 | 30 | 30 | 35 | 33 | 31 | 28 | 23 | 15 | 17 | 22 | 18 |
| Inventory Days | 195 | 202 | 256 | 207 | 194 | 264 | 217 | 203 | 273 | 262 | 232 | 235 |
| Days Payable | 28 | 50 | 46 | 36 | 33 | 50 | 48 | 26 | 11 | 13 | 17 | 11 |
| Cash Conversion Cycle | 198 | 183 | 239 | 206 | 194 | 246 | 197 | 200 | 277 | 267 | 237 | 242 |
| Working Capital Days | 14 | 13 | 11 | 49 | 34 | 36 | 43 | 33 | 62 | 70 | 75 | 80 |
| ROCE % | 7% | 4% | 3% | 4% | 4% | 3% | 5% | 5% | 3% | 3% | 4% | 5% |
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 ・Standalone data |
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| Cotton Yarn Sales Volume Lakh Kgs ・Standalone data |
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| Fibre Cement Sheets Production Volume MT ・Standalone data |
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| Fibre Cement Sheets Sales Volume MT ・Standalone data |
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| Wind Power Generation Lakh Units ・Standalone data |
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| Calcium Silicate Boards Sales Volume MT ・Standalone data |
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| Number of Dealers / Distributors count ・Standalone data |
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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
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Annual Report 2026
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
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Annual Report 2013
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Annual Report 2012
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Business Segments