Ramky Infrastructure Ltd
Ramky Infrastructure Limited is a flagship company of the Ramky Group. The Co is engaged in the business of construction, infrastructure development and management. [1]
- Market Cap ₹ 2,295 Cr.
- Current Price ₹ 332
- High / Low ₹ 706 / 328
- Stock P/E 11.9
- Book Value ₹ 260
- Dividend Yield 0.00 %
- ROCE 14.6 %
- ROE 12.1 %
- Face Value ₹ 10.0
Pros
Cons
- Promoters have pledged 25.7% of their holding.
- Earnings include an other income of Rs.376 Cr.
- Company has high debtors of 166 days.
* 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
Industrials Construction Construction Civil Construction
Part of BSE Industrials 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,080 | 1,828 | 1,525 | 1,346 | 1,477 | 1,254 | 912 | 1,298 | 1,474 | 2,033 | 1,969 | 1,679 | 1,776 | |
| 1,436 | 1,906 | 1,425 | 1,376 | 1,339 | 1,216 | 854 | 1,152 | 1,172 | 1,549 | 1,632 | 1,520 | 1,645 | |
| Operating Profit | -357 | -77 | 99 | -30 | 138 | 38 | 58 | 146 | 302 | 484 | 337 | 158 | 131 |
| OPM % | -33% | -4.2% | 7% | -2.2% | 9% | 3.0% | 6% | 11% | 20% | 24% | 17% | 9% | 7% |
| 25 | 394 | 246 | 317 | 75 | 89 | 97 | 235 | 97 | 104 | 124 | 335 | 376 | |
| Interest | 271 | 243 | 204 | 145 | 132 | 90 | 75 | 96 | 72 | 68 | 62 | 56 | 53 |
| Depreciation | 64 | 52 | 47 | 40 | 34 | 26 | 18 | 18 | 27 | 34 | 37 | 39 | 38 |
| Profit before tax | -666 | 21 | 95 | 103 | 47 | 11 | 61 | 267 | 301 | 486 | 362 | 398 | 415 |
| Tax % | -33% | 27% | 40% | 37% | 12% | 75% | 12% | 56% | 29% | 26% | 27% | 17% | |
| -445 | 15 | 57 | 65 | 41 | 3 | 54 | 118 | 214 | 360 | 265 | 332 | 350 | |
| EPS in Rs | -77.88 | 2.69 | 10.00 | 11.36 | 6.89 | 0.40 | 7.80 | 17.11 | 30.99 | 52.06 | 38.32 | 47.96 | 50.53 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 2% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -1% |
| 5 Years: | 13% |
| 3 Years: | 4% |
| TTM: | 0% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 28% |
| 5 Years: | 31% |
| 3 Years: | -2% |
| TTM: | -17% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 17% |
| 3 Years: | -14% |
| 1 Year: | -40% |
| Return on Equity | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 21% |
| 3 Years: | 20% |
| Last Year: | 12% |
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 | 57 | 57 | 57 | 57 | 60 | 69 | 69 | 69 | 69 | 69 | 69 | 69 |
| Reserves | 151 | 167 | 224 | 320 | 378 | 443 | 497 | 617 | 831 | 1,190 | 1,454 | 1,731 |
| 1,565 | 1,644 | 1,334 | 993 | 982 | 747 | 647 | 599 | 594 | 446 | 420 | 353 | |
| 1,693 | 1,519 | 1,647 | 1,209 | 939 | 978 | 927 | 847 | 899 | 1,181 | 1,159 | 1,299 | |
| Total Liabilities | 3,467 | 3,387 | 3,262 | 2,579 | 2,359 | 2,237 | 2,140 | 2,132 | 2,393 | 2,887 | 3,102 | 3,451 |
| 263 | 211 | 165 | 122 | 86 | 61 | 48 | 74 | 144 | 176 | 165 | 148 | |
| CWIP | 5 | 0 | 0 | 0 | 0 | 0 | 0 | 13 | 3 | 0 | 0 | 1 |
| Investments | 404 | 459 | 487 | 513 | 386 | 389 | 397 | 405 | 413 | 408 | 450 | 344 |
| 2,794 | 2,716 | 2,609 | 1,944 | 1,887 | 1,786 | 1,696 | 1,640 | 1,834 | 2,303 | 2,487 | 2,959 | |
| Total Assets | 3,467 | 3,387 | 3,262 | 2,579 | 2,359 | 2,237 | 2,140 | 2,132 | 2,393 | 2,887 | 3,102 | 3,451 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 170 | 105 | 348 | 441 | 26 | 73 | 214 | 228 | 204 | 341 | 119 | 102 | |
| 33 | 65 | 87 | 35 | 115 | 66 | -30 | -67 | -135 | -113 | -29 | 44 | |
| -234 | -132 | -494 | -495 | -133 | -137 | -190 | -158 | -77 | -217 | -73 | -62 | |
| Net Cash Flow | -31 | 38 | -59 | -19 | 8 | 1 | -6 | 3 | -7 | 10 | 16 | 85 |
| Free Cash Flow | 191 | 93 | 414 | 445 | 26 | 73 | 212 | 172 | 123 | 275 | 94 | 84 |
| CFO/OP | -43% | -131% | 351% | -1,385% | 41% | 177% | 298% | 146% | 63% | 81% | 53% | 114% |
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 | 221 | 169 | 245 | 175 | 97 | 107 | 126 | 119 | 130 | 116 | 107 | 166 |
| Inventory Days | 2,413 | 741 | 95 | |||||||||
| Days Payable | 2,982 | 1,313 | 697 | |||||||||
| Cash Conversion Cycle | -349 | -404 | 245 | 175 | 97 | 107 | 126 | 119 | 130 | 116 | 107 | -436 |
| Working Capital Days | -335 | -36 | -120 | -48 | -53 | -28 | -56 | -6 | 34 | 87 | 60 | 127 |
| ROCE % | -20% | 15% | 14% | 17% | 17% | 7% | 11% | 29% | 26% | 35% | 23% | 15% |
Insights
In beta| Jun 2017 | Dec 2019 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Permanent Employees Count |
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| Order Book Rs Crore |
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| O&M Share of Order Book % |
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| Bid Pipeline USD Million |
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| Order Inflow Rs Crore |
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Extracted by Screener AI
Documents
Announcements
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Corporate Action-Board to consider Dividend
- Record date fixed for final dividend of Rs.1 per share; AGM on 26 September 2026.
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Business Responsibility and Sustainability Reporting (BRSR)
- Ramky Infrastructure submitted its FY 2025-26 BRSR with annual report on 4 September 2026.
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Notice Of 32Nd Annual General Meeting Of The Company Scheduled To Be Held On 26Th September 2026
- Submitted FY2025-26 annual report; AGM on 26 September 2026, record date 18 August 2026, dividend ₹1/share.
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Reg. 34 (1) Annual Report.
- FY2025-26 annual report submitted; AGM on 26 Sept 2026, record date 18 Aug 2026, final dividend Rs1/share.
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Announcement under Regulation 30 (LODR)-Change in Management
- Q1 FY27 results approved on 10 Aug 2026; directors and MD reappointed, 32nd AGM notice cleared.
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
Construction Business (72% in FY24 vs ~64% in FY23): [1] The Co. operates the EPC business in the water and wastewater, irrigation, industrial construction, transportation, building construction, and power and distribution sectors. [2]