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 ₹ 4,144 Cr.
- Current Price ₹ 599
- High / Low ₹ 779 / 374
- Stock P/E 21.0
- Book Value ₹ 275
- Dividend Yield 0.00 %
- ROCE 16.9 %
- ROE 10.9 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 24.5% CAGR over last 5 years
- Company's working capital requirements have reduced from 29.5 days to 18.5 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 8.07% over past five years.
- Company has a low return on equity of 13.8% over last 3 years.
- Promoters have pledged or encumbered 25.7% of their holding.
- Earnings include an other income of Rs.166 Cr.
- Company's cost of borrowing seems high
* 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 SmallCap BSE Allcap BSE Industrials
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2,402 | 1,644 | 2,048 | 1,719 | 1,578 | 1,749 | 1,387 | 1,056 | 1,459 | 1,705 | 2,161 | 2,045 | |
2,620 | 1,802 | 2,118 | 1,601 | 1,567 | 1,572 | 1,432 | 954 | 1,253 | 1,367 | 1,649 | 1,708 | |
Operating Profit | -219 | -158 | -69 | 118 | 11 | 177 | -45 | 103 | 205 | 338 | 512 | 336 |
OPM % | -9% | -10% | -3% | 7% | 1% | 10% | -3% | 10% | 14% | 20% | 24% | 16% |
35 | 52 | 503 | 391 | 525 | 253 | 169 | 185 | 322 | 1,456 | 158 | 166 | |
Interest | 380 | 515 | 397 | 399 | 369 | 378 | 341 | 325 | 373 | 363 | 158 | 120 |
Depreciation | 69 | 92 | 66 | 59 | 55 | 48 | 45 | 32 | 31 | 42 | 48 | 51 |
Profit before tax | -633 | -712 | -29 | 50 | 111 | 3 | -263 | -70 | 123 | 1,389 | 463 | 331 |
Tax % | -33% | -32% | 22% | 68% | 41% | 102% | 1% | -128% | 67% | 17% | 31% | 36% |
-408 | -483 | -45 | -12 | 33 | -0 | -266 | 19 | 40 | 1,153 | 321 | 210 | |
EPS in Rs | -72.53 | -84.44 | -8.16 | -1.06 | 5.00 | 2.51 | -28.62 | 2.83 | 3.41 | 164.83 | 44.48 | 28.54 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 2% |
5 Years: | 8% |
3 Years: | 12% |
TTM: | -5% |
Compounded Profit Growth | |
---|---|
10 Years: | 9% |
5 Years: | 25% |
3 Years: | 104% |
TTM: | -36% |
Stock Price CAGR | |
---|---|
10 Years: | 34% |
5 Years: | 72% |
3 Years: | 57% |
1 Year: | -21% |
Return on Equity | |
---|---|
10 Years: | 6% |
5 Years: | 13% |
3 Years: | 14% |
Last Year: | 11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 57 | 57 | 57 | 57 | 57 | 60 | 69 | 69 | 69 | 69 | 69 | 69 |
Reserves | 1,175 | 745 | 299 | 293 | 352 | 389 | 251 | 271 | 207 | 1,342 | 1,643 | 1,835 |
3,240 | 3,671 | 3,221 | 3,095 | 2,970 | 2,721 | 2,470 | 2,303 | 2,124 | 1,650 | 834 | 570 | |
1,956 | 2,062 | 1,798 | 2,130 | 1,616 | 1,446 | 1,517 | 1,734 | 2,153 | 1,579 | 1,709 | 1,716 | |
Total Liabilities | 6,429 | 6,535 | 5,374 | 5,576 | 4,996 | 4,616 | 4,308 | 4,377 | 4,552 | 4,641 | 4,256 | 4,190 |
1,465 | 1,315 | 354 | 303 | 298 | 280 | 239 | 202 | 265 | 329 | 217 | 206 | |
CWIP | 27 | 11 | 4 | 4 | 16 | 0 | 1 | 28 | 28 | 61 | 0 | 0 |
Investments | 111 | 105 | 198 | 170 | 138 | 6 | 6 | 7 | 7 | 7 | 0 | 0 |
4,826 | 5,104 | 4,819 | 5,098 | 4,545 | 4,330 | 4,062 | 4,141 | 4,252 | 4,244 | 4,039 | 3,984 | |
Total Assets | 6,429 | 6,535 | 5,374 | 5,576 | 4,996 | 4,616 | 4,308 | 4,377 | 4,552 | 4,641 | 4,256 | 4,190 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-376 | 149 | -160 | 350 | 421 | 404 | 263 | 222 | 278 | 2,611 | 370 | 373 | |
-153 | 29 | 75 | 78 | -21 | 106 | 30 | 1 | -85 | -215 | -72 | -11 | |
533 | -158 | 110 | -491 | -421 | -477 | -195 | -227 | -327 | -1,650 | -1,011 | -380 | |
Net Cash Flow | 4 | 20 | 25 | -63 | -21 | 33 | 98 | -3 | -135 | 745 | -712 | -18 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 151 | 217 | 180 | 253 | 218 | 126 | 96 | 115 | 111 | 81 | 70 | 67 |
Inventory Days | 3,248 | 1,174 | 28 | |||||||||
Days Payable | 3,493 | 1,482 | 172 | |||||||||
Cash Conversion Cycle | 151 | -28 | -128 | 253 | 218 | 126 | 96 | 115 | 111 | 81 | 70 | -77 |
Working Capital Days | 210 | 147 | 143 | 60 | 64 | 33 | -36 | -53 | 26 | 25 | 45 | 19 |
ROCE % | -6% | -4% | 9% | 11% | 14% | 11% | 3% | 9% | 19% | 16% | 21% | 17% |
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
15 Jul - Certificate filed for securities dematerialization/rematerialization for quarter ended June 30, 2025.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release (Revised)
15 Jul - Ramky Infrastructure fully repaid INR 3,859.81 Cr debt, executed Restructuring Exit Agreement on July 11, 2025.
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Restructuring Exit Agreement
11 Jul - Ramky exits debt restructuring, repaid INR 3,860 Cr, no term loans, financial stability restored.
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Intimation Of Dispensation Of Meeting Order In The Matter Of Scheme Of Arrangement
2 Jul - NCLT approves merger of two wholly owned subsidiaries into Ramky Infrastructure Limited.
- Closure of Trading Window 25 Jun
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
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]