Ramco Industries Ltd

Ramco Industries Ltd

₹ 301 -2.13%
08 Jun - close price
About

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.

Key Points

Business Segments

  • Market Cap 2,611 Cr.
  • Current Price 301
  • High / Low 398 / 231
  • Stock P/E 8.68
  • Book Value 521
  • Dividend Yield 0.33 %
  • ROCE 4.57 %
  • ROE 6.87 %
  • Face Value 1.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.58 times its book value
  • Market value of investments Rs.5,215 Cr. is more than the Market Cap Rs.2,611 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 4.70% 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
350 487 316 334 365 543 353 344 423 527 365 392 502
316 433 287 300 325 486 312 307 379 459 313 345 437
Operating Profit 34 54 29 34 40 57 41 37 44 68 52 47 65
OPM % 10% 11% 9% 10% 11% 10% 12% 11% 10% 13% 14% 12% 13%
7 4 3 3 4 3 3 4 6 3 4 3 13
Interest 7 6 6 7 6 4 3 4 5 5 4 5 4
Depreciation 9 9 9 9 10 9 9 9 9 9 9 9 9
Profit before tax 25 43 18 20 28 47 33 27 35 57 43 36 64
Tax % -73% 23% 56% 36% 30% 23% 60% 43% 19% 20% 53% 40% 25%
58 40 -4 26 44 39 17 89 36 66 41 112 88
EPS in Rs 6.73 4.56 -0.48 3.04 5.05 4.54 1.94 10.24 4.11 7.56 4.71 12.91 10.09
Raw PDF

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
863 865 881 932 1,036 974 1,209 1,460 1,458 1,501 1,659 1,792
783 785 764 814 909 871 1,014 1,234 1,305 1,345 1,479 1,560
Operating Profit 80 80 117 118 128 103 195 226 152 157 179 232
OPM % 9% 9% 13% 13% 12% 11% 16% 15% 10% 10% 11% 13%
21 43 22 44 24 46 22 8 24 14 15 23
Interest 38 40 34 22 15 15 10 9 21 25 17 18
Depreciation 25 25 26 28 29 31 33 33 34 37 36 37
Profit before tax 39 57 79 112 107 103 175 193 122 109 142 200
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
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
Dividend Payout % 3% 2% 2% 2% 3% 3% 3% 3% 7% 6% 5% 4%
Compounded Sales Growth
10 Years: 8%
5 Years: 8%
3 Years: 7%
TTM: 8%
Compounded Profit Growth
10 Years: 5%
5 Years: 2%
3 Years: 35%
TTM: 66%
Stock Price CAGR
10 Years: 10%
5 Years: 2%
3 Years: 21%
1 Year: 12%
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
413 363 336 213 187 238 152 224 308 242 256 169
140 173 211 217 224 266 332 312 273 254 294 286
Total Liabilities 1,164 3,059 3,263 3,315 3,464 3,713 3,968 4,294 4,465 4,556 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
487 501 558 515 539 624 643 699 832 813 879 918
Total Assets 1,164 3,059 3,263 3,315 3,464 3,713 3,968 4,294 4,465 4,556 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 -43 135 132 201
-15 6 -9 13 -33 -63 -73 -138 -27 -21 -107 -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 -109 102 104 151
CFO/OP 113% 95% 27% 101% 62% 45% 103% 45% -24% 92% 81% 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 78 80
ROCE % 7% 4% 3% 4% 4% 3% 5% 5% 3% 3% 4% 5%

Insights

In beta
Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Calcium Silicate Boards (CSB) Production Volume
MT ・Standalone data

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Cotton Yarn Production Volume
Lakh Kgs ・Standalone data
Fibre Cement Sheets Production Volume
MT ・Standalone data
Fibre Cement Sheets Sales Volume
MT ・Standalone data
Wind Energy Generation
Lakh Units ・Standalone data
Wind Mill Installed Capacity
MW ・Standalone data
Number of Dealers/Distributors
Number ・Standalone data

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
53.88% 53.88% 53.88% 54.81% 54.81% 54.81% 54.81% 54.81% 54.81% 54.79% 54.79% 54.79%
0.73% 0.71% 0.90% 0.85% 0.98% 0.96% 1.42% 0.81% 1.12% 1.26% 0.82% 0.82%
3.50% 4.24% 4.18% 4.18% 4.18% 4.18% 4.18% 4.19% 3.85% 3.51% 3.25% 3.35%
41.89% 41.16% 41.04% 40.16% 40.03% 40.04% 39.59% 40.18% 40.20% 40.44% 41.16% 41.06%
No. of Shareholders 31,22232,80934,25734,27131,88732,92532,18831,58030,39830,45930,29629,086

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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