The Ramco Cements Limited
The Ramco Cements Limited manufactures and sells cement and construction Chemicals in India. The company offers blended cements and OPC products; ready mix concrete; and construction chemical products, including waterproofing compound, anchoring grout, micro concrete, bonding agent, plaster and putty, block fix, Tilefix, and Tilegrout. It also provides construction solutions for housing projects, apartments/institutions, public infrastructure projects, and industrial projects; and technical assistance and after-sales support to builders and customers. In addition, the company is involved in the generation and sale of electricity from windmills and thermal power plants; manpower supply; transportation of goods by road; and information technology services. It also sells its products to the Maldives and Myanmar through direct and merchant exports. The company was formerly known as Madras Cements Ltd. and changed its name to The Ramco Cements Limited in July 2013. The Ramco Cements Limited was incorporated in 1957 and is headquartered in Chennai, India.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockStrengths1
- Operating margin of 16.6% exceeds Materials median (16.3%)
Concerns1
- Low return on equity of 5.5%
Rule-based from financial data. Not advice.
Monthly Returns
Year-to-Date ROI
Historical Volatility
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 10 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ8.49 K Cr | β | βΉ417.00 Cr | β | β | 5.6% | -9.1% | 5.6% |
| Mar 2024 | βΉ9.35 K Cr | β | βΉ395.00 Cr | β | β | 5.5% | 14.9% | 14.8% |
| Mar 2023 | βΉ8.13 K Cr | β | βΉ344.00 Cr | β | β | 5.1% | 36.0% | -61.5% |
| Mar 2022 | βΉ5.98 K Cr | β | βΉ893.00 Cr | β | β | 13.7% | 13.5% | 17.3% |
| Mar 2021 | βΉ5.27 K Cr | β | βΉ761.00 Cr | β | β | 13.5% | -1.9% | 26.6% |
| Mar 2020 | βΉ5.37 K Cr | β | βΉ601.00 Cr | β | β | 12.2% | 4.3% | 18.8% |
| Mar 2019 | βΉ5.15 K Cr | β | βΉ506.00 Cr | β | β | 11.3% | 16.8% | -9.0% |
| Mar 2018 | βΉ4.41 K Cr | β | βΉ556.00 Cr | β | β | 13.8% | 11.5% | -14.3% |
| Mar 2017 | βΉ3.95 K Cr | β | βΉ649.00 Cr | β | β | 17.3% | 10.6% | 19.7% |
| Mar 2016 | βΉ3.57 K Cr | β | βΉ542.00 Cr | β | β | 17.5% | -2.0% | 124.0% |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | TTM |
|---|---|
| Revenue / Net Sales | 8,673 |
| Total Expenses | 7,289 |
| EBIT / Operating Profit | 1,385 |
| OPM % | 16% |
| Other Income | 378 |
| Finance Costs | 442 |
| Depreciation & Amortisation | 721 |
| Profit Before Tax | 599 |
| Tax % | - |
| Net Profit / PAT | 517 |
| EPS (βΉ) | 21.86 |
| Dividend Payout % | - |
Peer Comparison
Materials sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| The Ramco Cements Limitedthis co. | βΉ25.61 K Cr | βΉ8.49 K Cr | 133.00 | 3.37 | 18.84 | -9.1% |
| UltraTech Cement Ltd | βΉ3.55 L Cr | βΉ71.89 K Cr | 48.60 | 5.02 | 27.23 | 4.7% |
| JSW Steel Limited | βΉ2.88 L Cr | βΉ1.28 L Cr | 38.00 | 3.45 | 14.23 | -5.5% |
| Asian Paints Ltd. | βΉ2.77 L Cr | βΉ29.55 K Cr | 69.60 | 14.50 | 35.04 | -5.4% |
| Hindustan Zinc Ltd. | βΉ2.66 L Cr | βΉ33.97 K Cr | 25.50 | 19.57 | 18.58 | 17.4% |
| Coal India Limited | βΉ2.64 L Cr | βΉ1.59 K Cr | 12.40 | 13.24 | 16.33 | 5.1% |
| Vedanta Limited | βΉ2.49 L Cr | βΉ74.30 K Cr | 26.50 | 3.37 | 12.82 | 5.0% |
| Industry Average | β | βΉ10.75 K Cr | 47.54 | 5.23 | 30.19 | 121.8% |