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 ₹ 2,562 Cr.
- Current Price ₹ 295
- High / Low ₹ 324 / 192
- Stock P/E 20.2
- Book Value ₹ 474
- Dividend Yield 0.25 %
- ROCE 3.15 %
- ROE 2.67 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.63 times its book value
- Market value of investments Rs.4,538 Cr. is more than the Market Cap Rs.2,577 Cr.
Cons
- The company has delivered a poor sales growth of 7.69% over past five years.
- Company has a low return on equity of 4.65% over last 3 years.
- Dividend payout has been low at 5.34% 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
Sector: Cement - Products Industry: Cement Products
Part of BSE Allcap BSE Commodities BSE SmallCap
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
880 | 785 | 863 | 865 | 881 | 932 | 1,036 | 974 | 1,209 | 1,460 | 1,458 | 1,501 | 1,595 | |
749 | 722 | 783 | 785 | 764 | 814 | 909 | 871 | 1,014 | 1,234 | 1,305 | 1,345 | 1,423 | |
Operating Profit | 131 | 63 | 80 | 80 | 117 | 118 | 128 | 103 | 195 | 226 | 152 | 157 | 172 |
OPM % | 15% | 8% | 9% | 9% | 13% | 13% | 12% | 11% | 16% | 15% | 10% | 10% | 11% |
18 | 11 | 21 | 43 | 22 | 44 | 24 | 46 | 22 | 8 | 24 | 14 | 13 | |
Interest | 31 | 36 | 38 | 40 | 34 | 22 | 15 | 15 | 10 | 9 | 21 | 25 | 20 |
Depreciation | 37 | 49 | 25 | 25 | 26 | 28 | 29 | 31 | 33 | 33 | 34 | 37 | 37 |
Profit before tax | 80 | -11 | 39 | 57 | 79 | 112 | 107 | 103 | 175 | 193 | 122 | 109 | 128 |
Tax % | 16% | -71% | 7% | -0% | 30% | 30% | 30% | 33% | 34% | 34% | 12% | 33% | |
67 | -3 | 90 | 192 | 205 | 176 | 172 | 170 | 279 | 303 | 124 | 106 | 126 | |
EPS in Rs | 7.78 | -0.36 | 10.39 | 22.21 | 23.63 | 20.31 | 19.89 | 19.56 | 32.16 | 34.95 | 14.28 | 12.18 | 14.57 |
Dividend Payout % | 14% | -70% | 3% | 2% | 2% | 2% | 3% | 3% | 3% | 3% | 7% | 6% |
Compounded Sales Growth | |
---|---|
10 Years: | 7% |
5 Years: | 8% |
3 Years: | 7% |
TTM: | 9% |
Compounded Profit Growth | |
---|---|
10 Years: | 44% |
5 Years: | -9% |
3 Years: | -28% |
TTM: | 36% |
Stock Price CAGR | |
---|---|
10 Years: | 15% |
5 Years: | 10% |
3 Years: | 5% |
1 Year: | 36% |
Return on Equity | |
---|---|
10 Years: | 6% |
5 Years: | 5% |
3 Years: | 5% |
Last Year: | 3% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
Reserves | 518 | 513 | 602 | 2,514 | 2,707 | 2,877 | 3,044 | 3,201 | 3,475 | 3,750 | 3,875 | 4,052 | 4,102 |
451 | 408 | 413 | 363 | 336 | 213 | 187 | 238 | 152 | 224 | 308 | 242 | 130 | |
145 | 117 | 140 | 173 | 211 | 217 | 224 | 266 | 332 | 312 | 273 | 273 | 332 | |
Total Liabilities | 1,123 | 1,047 | 1,164 | 3,059 | 3,263 | 3,315 | 3,464 | 3,713 | 3,968 | 4,294 | 4,465 | 4,575 | 4,572 |
291 | 411 | 407 | 407 | 424 | 424 | 443 | 467 | 472 | 523 | 563 | 565 | 554 | |
CWIP | 110 | 12 | 10 | 22 | 11 | 10 | 5 | 21 | 36 | 19 | 12 | 6 | 17 |
Investments | 198 | 198 | 261 | 2,129 | 2,270 | 2,366 | 2,477 | 2,602 | 2,817 | 3,053 | 3,058 | 3,172 | 3,163 |
524 | 427 | 487 | 501 | 558 | 515 | 539 | 624 | 643 | 699 | 832 | 832 | 838 | |
Total Assets | 1,123 | 1,047 | 1,164 | 3,059 | 3,263 | 3,315 | 3,464 | 3,713 | 3,968 | 4,294 | 4,465 | 4,575 | 4,572 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
9 | 123 | 89 | 79 | 47 | 126 | 88 | 36 | 190 | 88 | -43 | 135 | |
-117 | -50 | -15 | 6 | -9 | 13 | -33 | -63 | -73 | -138 | -27 | -21 | |
98 | -55 | -77 | -57 | -48 | -150 | -36 | 27 | -104 | 63 | 54 | -100 | |
Net Cash Flow | -10 | 18 | -3 | 28 | -9 | -12 | 20 | 0 | 14 | 13 | -17 | 14 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 26 | 29 | 30 | 30 | 30 | 35 | 33 | 31 | 28 | 23 | 15 | 17 |
Inventory Days | 227 | 171 | 195 | 202 | 256 | 207 | 194 | 264 | 217 | 203 | 273 | 262 |
Days Payable | 22 | 22 | 28 | 50 | 46 | 36 | 33 | 50 | 48 | 26 | 11 | 13 |
Cash Conversion Cycle | 230 | 178 | 198 | 183 | 239 | 206 | 194 | 246 | 197 | 200 | 277 | 267 |
Working Capital Days | 120 | 110 | 101 | 87 | 108 | 100 | 80 | 104 | 82 | 85 | 131 | 126 |
ROCE % | 13% | 3% | 7% | 4% | 3% | 4% | 4% | 3% | 5% | 5% | 3% | 3% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Credit Rating
7 Dec - Reaffirmation of credit ratings by ICRA for Ramco Industries.
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Announcement under Regulation 30 (LODR)-Credit Rating
3 Dec - Reaffirmation of CRISIL A1+ credit rating for Rs.100 Cr.
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Announcement under Regulation 30 (LODR)-Updates on Acquisition
25 Nov - Acquired 1,30,900 shares of Ramco Cements for Rs.12.67 Crores.
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Announcement under Regulation 30 (LODR)-Code of Conduct under SEBI (PIT) Regulations, 2015
23 Nov - Revised Code of Conduct for Insider Trading compliance.
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Announcement under Regulation 30 (LODR)-Updates on Acquisition
23 Nov - Acquired 1,73,000 shares of The Ramco Cements Limited.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Business Segments