Ramco Industries Ltd.
•₹ 347-1.98%
2026-08-21
PROS
- Company is almost debt free
- Company has consistently been profitable over the last 5 years
- Latest quarter profit grew 31.9% YoY, showing strong momentum
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.55x)
- Company comfortably covers its interest (12.4x coverage)
- Company generates healthy free cash flow
CONS
- Company has a low return on capital employed of 3.8%
- Company has a low return on equity of 2.4% over last 3 years
- Company has delivered a poor profit growth of 3.2% over past five years
- Though reporting repeated profits, the company pays out little dividend (3.5%)
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | ULTRACEMCO | 11460.00 | 39.55 | 337702.33 | 2.09 | 2603.72 | 17.24 | 24648.20 | 15.85 | 13.25 | 20.35 |
| 2. | AMBUJACEM | 406.00 | 23.05 | 100883.58 | 0.49 | 660.00 | -31.93 | 9500.00 | -7.67 | 6.24 | 16.78 |
| 3. | SHREECEM | 24360.00 | 53.92 | 87892.70 | 0.62 | 531.12 | -17.48 | 6233.13 | 18.03 | 10.61 | 20.41 |
| 4. | JKCEMENT | 5280.65 | 43.15 | 40802.66 | 0.38 | 274.62 | -15.31 | 4031.72 | 20.26 | 14.89 | 16.07 |
| 5. | DALBHARAT | 1875.00 | 37.69 | 35168.62 | 0.48 | 192.00 | -51.39 | 3890.00 | 6.99 | 8.15 | 20.69 |
| 6. | ACC | 1289.40 | 12.69 | 24213.29 | 0.58 | 147.00 | -60.84 | 5808.00 | -4.59 | 11.60 | 7.90 |
| 7. | RAMCOCEM | 900.85 | 33.01 | 21286.40 | 0.28 | 31.24 | -63.06 | 2273.05 | 9.60 | 10.75 | 13.49 |
| 8. | JSWCEMENT | 123.95 | 22.22 | 16898.91 | 0.40 | 153.43 | 111.23 | 1896.41 | 21.58 | -4.21 | 16.41 |
| 9. | NUVOCO | 318.90 | 29.51 | 11389.71 | 0.00 | 159.63 | 19.88 | 3128.71 | 8.91 | 7.11 | 18.16 |
| 10. | INDIACEM | 366.40 | 122.77 | 11354.63 | 0.00 | 26.85 | 120.20 | 1019.42 | -0.52 | 0.30 | 15.28 |
| 11. | STARCEMENT | 194.00 | 21.21 | 7841.10 | 0.52 | 73.91 | -24.71 | 942.89 | 3.39 | 8.42 | 20.63 |
| 12. | RAMCOIND | 338.80 | 8.99 | 2942.19 | 0.37 | 86.59 | 31.94 | 613.81 | 16.51 | 4.75 | 18.33 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 484 | 313 | 334 | 363 | 543 | 353 | 344 | 423 | 527 | 365 | 389 | 502 | 614 | |
| 433 | 287 | 300 | 325 | 486 | 312 | 307 | 379 | 459 | 313 | 342 | 437 | 521 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 4 | 3 | 3 | 4 | 3 | 3 | 4 | 6 | 3 | 4 | 3 | 5 | 4 |
| Interest | 6 | 6 | 7 | 6 | 4 | 3 | 4 | 5 | 5 | 4 | 5 | 4 | 3 |
| Depreciation | 9 | 9 | 9 | 10 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 10 |
| 43 | 18 | 20 | 28 | 47 | 33 | 27 | 35 | 57 | 43 | 36 | 64 | 113 | |
| Tax % | 23.47% | 56.23% | 36.32% | 29.66% | 22.66% | 59.60% | 42.53% | 18.62% | 20.08% | 52.52% | 40.36% | 25.16% | 23.45% |
| Net Profit | 0 | 0 | 0 | 0 | 39 | 17 | 889 | 36 | 66 | 409 | 1,121 | 876 | 87 |
| 5 | -0 | 3 | 5 | 5 | 2 | 10 | 4 | 8 | 5 | 13 | 10 | 1 | |
| Equity Capital | 8 | 8 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 8 | 8 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 484
- 433
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 6
- Depreciation
- 9
- 43
- Tax %
- 23.47%
- Net Profit
- 0
- 5
- Equity Capital
- 8
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 8
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 313
- 287
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 6
- Depreciation
- 9
- 18
- Tax %
- 56.23%
- Net Profit
- 0
- -0
- Equity Capital
- 8
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 8
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 334
- 300
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 7
- Depreciation
- 9
- 20
- Tax %
- 36.32%
- Net Profit
- 0
- 3
- Equity Capital
- 8
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 8
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 363
- 325
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 6
- Depreciation
- 10
- 28
- Tax %
- 29.66%
- Net Profit
- 0
- 5
- Equity Capital
- 8
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 8
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 543
- 486
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 4
- Depreciation
- 9
- 47
- Tax %
- 22.66%
- Net Profit
- 39
- 5
- Equity Capital
- 8
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 8
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 353
- 312
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 3
- Depreciation
- 9
- 33
- Tax %
- 59.60%
- Net Profit
- 17
- 2
- Equity Capital
- 8
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 8
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 344
- 307
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 4
- Depreciation
- 9
- 27
- Tax %
- 42.53%
- Net Profit
- 889
- 10
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 423
- 379
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 5
- Depreciation
- 9
- 35
- Tax %
- 18.62%
- Net Profit
- 36
- 4
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 527
- 459
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 5
- Depreciation
- 9
- 57
- Tax %
- 20.08%
- Net Profit
- 66
- 8
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 365
- 313
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 4
- Depreciation
- 9
- 43
- Tax %
- 52.52%
- Net Profit
- 409
- 5
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 389
- 342
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 5
- Depreciation
- 9
- 36
- Tax %
- 40.36%
- Net Profit
- 1,121
- 13
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 502
- 437
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 4
- Depreciation
- 9
- 64
- Tax %
- 25.16%
- Net Profit
- 876
- 10
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 614
- 521
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 3
- Depreciation
- 10
- 113
- Tax %
- 23.45%
- Net Profit
- 87
- 1
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 9
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 881 | 932 | 1,036 | 974 | 1,209 | 1,460 | 1,458 | 1,501 | 1,674 | 1,792 | 1,870 | |
| 764 | 814 | 909 | 871 | 1,017 | 1,235 | 1,306 | 1,346 | 1,495 | 1,560 | 1,613 | |
| Operating Profit | 128 | 149 | 152 | 144 | 217 | 234 | 173 | 171 | 195 | 247 | — |
| OPM % | 15 | 16 | 15 | 15 | 18 | 16 | 12 | 11 | 12 | 14 | — |
| Other Income | 11 | 31 | 24 | 41 | 25 | 9 | 22 | 16 | 16 | 15 | 16 |
| Interest | 34 | 22 | 15 | 15 | 10 | 9 | 21 | 25 | 17 | 18 | 16 |
| Depreciation | 26 | 28 | 29 | 31 | 33 | 33 | 34 | 37 | 36 | 37 | 38 |
| 79 | 112 | 107 | 103 | 175 | 193 | 122 | 109 | 142 | 200 | 256 | |
| Tax % | 30 | 30 | 30 | 33 | 34 | 34 | 12 | 33 | 34 | 32 | 31 |
| Net Profit | 55 | 79 | 75 | 69 | 116 | 127 | 108 | 73 | 94 | 136 | 176 |
| EPS | 25 | 21 | 21 | 20 | 33 | 36 | 15 | 12 | 21 | 35 | — |
| Dividend Payout % | 2 | 2 | 3 | 3 | 3 | 3 | 7 | 6 | 5 | 4 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 149 | 97 | 99 | 101 | 163 | 176 | 16 | 33 | 87 | 171 | 158 |
| Adjusted EPS | 24 | 20 | 20 | 20 | 32 | 35 | 14 | 12 | 21 | 35 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 149 | 97 | 99 | 101 | 163 | 176 | 16 | 33 | 87 | 171 | 158 |
| Adjusted EPS | 24 | 20 | 20 | 20 | 32 | 35 | 14 | 12 | 21 | 35 | — |
Mar 2017
- 881
- 764
- Operating Profit
- 128
- OPM %
- 15
- Other Income
- 11
- Interest
- 34
- Depreciation
- 26
- 79
- Tax %
- 30
- Net Profit
- 55
- EPS
- 25
- Dividend Payout %
- 2
- Minority Interest
- 0
- Share of Associates
- 149
- Adjusted EPS
- 24
- Minority Interest
- 0
- Share of Associates
- 149
- Adjusted EPS
- 24
Mar 2018
- 932
- 814
- Operating Profit
- 149
- OPM %
- 16
- Other Income
- 31
- Interest
- 22
- Depreciation
- 28
- 112
- Tax %
- 30
- Net Profit
- 79
- EPS
- 21
- Dividend Payout %
- 2
- Minority Interest
- 0
- Share of Associates
- 97
- Adjusted EPS
- 20
- Minority Interest
- 0
- Share of Associates
- 97
- Adjusted EPS
- 20
Mar 2019
- 1,036
- 909
- Operating Profit
- 152
- OPM %
- 15
- Other Income
- 24
- Interest
- 15
- Depreciation
- 29
- 107
- Tax %
- 30
- Net Profit
- 75
- EPS
- 21
- Dividend Payout %
- 3
- Minority Interest
- 0
- Share of Associates
- 99
- Adjusted EPS
- 20
- Minority Interest
- 0
- Share of Associates
- 99
- Adjusted EPS
- 20
Mar 2020
- 974
- 871
- Operating Profit
- 144
- OPM %
- 15
- Other Income
- 41
- Interest
- 15
- Depreciation
- 31
- 103
- Tax %
- 33
- Net Profit
- 69
- EPS
- 20
- Dividend Payout %
- 3
- Minority Interest
- 0
- Share of Associates
- 101
- Adjusted EPS
- 20
- Minority Interest
- 0
- Share of Associates
- 101
- Adjusted EPS
- 20
Mar 2021
- 1,209
- 1,017
- Operating Profit
- 217
- OPM %
- 18
- Other Income
- 25
- Interest
- 10
- Depreciation
- 33
- 175
- Tax %
- 34
- Net Profit
- 116
- EPS
- 33
- Dividend Payout %
- 3
- Minority Interest
- 0
- Share of Associates
- 163
- Adjusted EPS
- 32
- Minority Interest
- 0
- Share of Associates
- 163
- Adjusted EPS
- 32
Mar 2022
- 1,460
- 1,235
- Operating Profit
- 234
- OPM %
- 16
- Other Income
- 9
- Interest
- 9
- Depreciation
- 33
- 193
- Tax %
- 34
- Net Profit
- 127
- EPS
- 36
- Dividend Payout %
- 3
- Minority Interest
- 0
- Share of Associates
- 176
- Adjusted EPS
- 35
- Minority Interest
- 0
- Share of Associates
- 176
- Adjusted EPS
- 35
Mar 2023
- 1,458
- 1,306
- Operating Profit
- 173
- OPM %
- 12
- Other Income
- 22
- Interest
- 21
- Depreciation
- 34
- 122
- Tax %
- 12
- Net Profit
- 108
- EPS
- 15
- Dividend Payout %
- 7
- Minority Interest
- 0
- Share of Associates
- 16
- Adjusted EPS
- 14
- Minority Interest
- 0
- Share of Associates
- 16
- Adjusted EPS
- 14
Mar 2024
- 1,501
- 1,346
- Operating Profit
- 171
- OPM %
- 11
- Other Income
- 16
- Interest
- 25
- Depreciation
- 37
- 109
- Tax %
- 33
- Net Profit
- 73
- EPS
- 12
- Dividend Payout %
- 6
- Minority Interest
- 0
- Share of Associates
- 33
- Adjusted EPS
- 12
- Minority Interest
- 0
- Share of Associates
- 33
- Adjusted EPS
- 12
Mar 2025
- 1,674
- 1,495
- Operating Profit
- 195
- OPM %
- 12
- Other Income
- 16
- Interest
- 17
- Depreciation
- 36
- 142
- Tax %
- 34
- Net Profit
- 94
- EPS
- 21
- Dividend Payout %
- 5
- Minority Interest
- 0
- Share of Associates
- 87
- Adjusted EPS
- 21
- Minority Interest
- 0
- Share of Associates
- 87
- Adjusted EPS
- 21
Mar 2026
- 1,792
- 1,560
- Operating Profit
- 247
- OPM %
- 14
- Other Income
- 15
- Interest
- 18
- Depreciation
- 37
- 200
- Tax %
- 32
- Net Profit
- 136
- EPS
- 35
- Dividend Payout %
- 4
- Minority Interest
- 0
- Share of Associates
- 171
- Adjusted EPS
- 35
- Minority Interest
- 0
- Share of Associates
- 171
- Adjusted EPS
- 35
TTM
- 1,870
- 1,613
- Operating Profit
- —
- OPM %
- —
- Other Income
- 16
- Interest
- 16
- Depreciation
- 38
- 256
- Tax %
- 31
- Net Profit
- 176
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 158
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 158
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 8%
- 5 Years:
- 8%
- 3 Years:
- 7%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 5%
- 5 Years:
- 2%
- 3 Years:
- 35%
STOCK PRICE CAGR
- 10 Years:
- 10%
- 5 Years:
- 4%
- 3 Years:
- 27%
- 1 Year:
- 20%
RETURN ON EQUITY
- 10 Years:
- 3%
- 5 Years:
- 3%
- 3 Years:
- 2%
- Last Year:
- 3%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| 2,707 | 2,877 | 3,044 | 3,201 | 3,475 | 3,749 | 3,875 | 4,052 | 4,223 | 4,513 | |
| 272 | 157 | 162 | 212 | 118 | 197 | 261 | 222 | 175 | 123 | |
| Trade Payables | 62 | 49 | 48 | 68 | 82 | 54 | 24 | 30 | 44 | 28 |
| 214 | 224 | 202 | 224 | 283 | 285 | 296 | 270 | 368 | 352 | |
| Total Liabilities | 3,263 | 3,315 | 3,464 | 3,713 | 3,968 | 4,294 | 4,465 | 4,583 | 4,819 | 5,025 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 424 | 424 | 442 | 466 | 472 | 522 | 563 | 565 | 558 | 556 | |
| Capital Work in Progress | 11 | 10 | 5 | 21 | 36 | 19 | 12 | 6 | 5 | 17 |
| 2,270 | 2,366 | 2,477 | 2,602 | 2,817 | 3,053 | 3,058 | 3,172 | 3,340 | 3,485 | |
| 342 | 285 | 287 | 357 | 374 | 416 | 601 | 610 | 606 | 631 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 70 | 100 | 88 | |
| Cash & Bank | 55 | 44 | 64 | 64 | 77 | 90 | 73 | 87 | 101 | 151 |
| 162 | 188 | 189 | 204 | 192 | 194 | 158 | 73 | 109 | 98 | |
| Total Assets | 3,263 | 3,315 | 3,464 | 3,713 | 3,968 | 4,294 | 4,465 | 4,583 | 4,819 | 5,025 |
| Total Debt | 336 | 213 | 187 | 238 | 152 | 224 | 308 | 242 | 256 | 169 |
| Net Working Capital | 83 | 168 | 159 | 159 | 219 | 222 | 320 | 377 | 445 | 544 |
| Contingent Liabilities | 81 | 81 | 46 | 46 | 242 | 342 | 483 | 370 | 345 | 273 |
| Book Value per Share | 313.40 | 332.96 | 352.19 | 370.33 | 402.01 | 433.64 | 447.42 | 467.80 | 487.56 | 520.97 |
| Face Value | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Total Debt | 336 | 213 | 187 | 238 | 152 | 224 | 308 | 242 | 256 | 169 |
| Net Working Capital | 83 | 168 | 159 | 159 | 219 | 222 | 320 | 377 | 445 | 544 |
| Contingent Liabilities | 81 | 81 | 46 | 46 | 242 | 342 | 483 | 370 | 345 | 273 |
| Book Value per Share | 313.40 | 332.96 | 352.19 | 370.33 | 402.01 | 433.64 | 447.42 | 467.80 | 487.56 | 520.97 |
| Face Value | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
Mar 2017
- Equity Capital
- 9
- 2,707
- 272
- Trade Payables
- 62
- 214
- Total Liabilities
- 3,263
- 424
- Capital Work in Progress
- 11
- 2,270
- 342
- 0
- Cash & Bank
- 55
- 162
- Total Assets
- 3,263
- Total Debt
- 336
- Net Working Capital
- 83
- Contingent Liabilities
- 81
- Book Value per Share
- 313.40
- Face Value
- 1.00
- Total Debt
- 336
- Net Working Capital
- 83
- Contingent Liabilities
- 81
- Book Value per Share
- 313.40
- Face Value
- 1.00
Mar 2018
- Equity Capital
- 9
- 2,877
- 157
- Trade Payables
- 49
- 224
- Total Liabilities
- 3,315
- 424
- Capital Work in Progress
- 10
- 2,366
- 285
- 0
- Cash & Bank
- 44
- 188
- Total Assets
- 3,315
- Total Debt
- 213
- Net Working Capital
- 168
- Contingent Liabilities
- 81
- Book Value per Share
- 332.96
- Face Value
- 1.00
- Total Debt
- 213
- Net Working Capital
- 168
- Contingent Liabilities
- 81
- Book Value per Share
- 332.96
- Face Value
- 1.00
Mar 2019
- Equity Capital
- 9
- 3,044
- 162
- Trade Payables
- 48
- 202
- Total Liabilities
- 3,464
- 442
- Capital Work in Progress
- 5
- 2,477
- 287
- 0
- Cash & Bank
- 64
- 189
- Total Assets
- 3,464
- Total Debt
- 187
- Net Working Capital
- 159
- Contingent Liabilities
- 46
- Book Value per Share
- 352.19
- Face Value
- 1.00
- Total Debt
- 187
- Net Working Capital
- 159
- Contingent Liabilities
- 46
- Book Value per Share
- 352.19
- Face Value
- 1.00
Mar 2020
- Equity Capital
- 9
- 3,201
- 212
- Trade Payables
- 68
- 224
- Total Liabilities
- 3,713
- 466
- Capital Work in Progress
- 21
- 2,602
- 357
- 0
- Cash & Bank
- 64
- 204
- Total Assets
- 3,713
- Total Debt
- 238
- Net Working Capital
- 159
- Contingent Liabilities
- 46
- Book Value per Share
- 370.33
- Face Value
- 1.00
- Total Debt
- 238
- Net Working Capital
- 159
- Contingent Liabilities
- 46
- Book Value per Share
- 370.33
- Face Value
- 1.00
Mar 2021
- Equity Capital
- 9
- 3,475
- 118
- Trade Payables
- 82
- 283
- Total Liabilities
- 3,968
- 472
- Capital Work in Progress
- 36
- 2,817
- 374
- 0
- Cash & Bank
- 77
- 192
- Total Assets
- 3,968
- Total Debt
- 152
- Net Working Capital
- 219
- Contingent Liabilities
- 242
- Book Value per Share
- 402.01
- Face Value
- 1.00
- Total Debt
- 152
- Net Working Capital
- 219
- Contingent Liabilities
- 242
- Book Value per Share
- 402.01
- Face Value
- 1.00
Mar 2022
- Equity Capital
- 9
- 3,749
- 197
- Trade Payables
- 54
- 285
- Total Liabilities
- 4,294
- 522
- Capital Work in Progress
- 19
- 3,053
- 416
- 0
- Cash & Bank
- 90
- 194
- Total Assets
- 4,294
- Total Debt
- 224
- Net Working Capital
- 222
- Contingent Liabilities
- 342
- Book Value per Share
- 433.64
- Face Value
- 1.00
- Total Debt
- 224
- Net Working Capital
- 222
- Contingent Liabilities
- 342
- Book Value per Share
- 433.64
- Face Value
- 1.00
Mar 2023
- Equity Capital
- 9
- 3,875
- 261
- Trade Payables
- 24
- 296
- Total Liabilities
- 4,465
- 563
- Capital Work in Progress
- 12
- 3,058
- 601
- 0
- Cash & Bank
- 73
- 158
- Total Assets
- 4,465
- Total Debt
- 308
- Net Working Capital
- 320
- Contingent Liabilities
- 483
- Book Value per Share
- 447.42
- Face Value
- 1.00
- Total Debt
- 308
- Net Working Capital
- 320
- Contingent Liabilities
- 483
- Book Value per Share
- 447.42
- Face Value
- 1.00
Mar 2024
- Equity Capital
- 9
- 4,052
- 222
- Trade Payables
- 30
- 270
- Total Liabilities
- 4,583
- 565
- Capital Work in Progress
- 6
- 3,172
- 610
- 70
- Cash & Bank
- 87
- 73
- Total Assets
- 4,583
- Total Debt
- 242
- Net Working Capital
- 377
- Contingent Liabilities
- 370
- Book Value per Share
- 467.80
- Face Value
- 1.00
- Total Debt
- 242
- Net Working Capital
- 377
- Contingent Liabilities
- 370
- Book Value per Share
- 467.80
- Face Value
- 1.00
Mar 2025
- Equity Capital
- 9
- 4,223
- 175
- Trade Payables
- 44
- 368
- Total Liabilities
- 4,819
- 558
- Capital Work in Progress
- 5
- 3,340
- 606
- 100
- Cash & Bank
- 101
- 109
- Total Assets
- 4,819
- Total Debt
- 256
- Net Working Capital
- 445
- Contingent Liabilities
- 345
- Book Value per Share
- 487.56
- Face Value
- 1.00
- Total Debt
- 256
- Net Working Capital
- 445
- Contingent Liabilities
- 345
- Book Value per Share
- 487.56
- Face Value
- 1.00
Mar 2026
- Equity Capital
- 9
- 4,513
- 123
- Trade Payables
- 28
- 352
- Total Liabilities
- 5,025
- 556
- Capital Work in Progress
- 17
- 3,485
- 631
- 88
- Cash & Bank
- 151
- 98
- Total Assets
- 5,025
- Total Debt
- 169
- Net Working Capital
- 544
- Contingent Liabilities
- 273
- Book Value per Share
- 520.97
- Face Value
- 1.00
- Total Debt
- 169
- Net Working Capital
- 544
- Contingent Liabilities
- 273
- Book Value per Share
- 520.97
- Face Value
- 1.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 47 | 126 | 88 | 36 | 190 | 88 | -43 | 135 | 133 | 201 | |
| Cash from Investing | -9 | 13 | -33 | -63 | -73 | -138 | -27 | -21 | -108 | -37 |
| Cash from Financing | -48 | -150 | -36 | 27 | -104 | 63 | 54 | -100 | -11 | -114 |
| -9 | -12 | 20 | 0 | 14 | 13 | -17 | 14 | 14 | 50 | |
| Free Cash Flow | 18 | 113 | 58 | -28 | 160 | 26 | -99 | 117 | 110 | 162 |
| OCF / Net Profit | 0.85 | 1.60 | 1.19 | 0.52 | 1.64 | 0.70 | -0.40 | 1.85 | 1.42 | 1.48 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 322 | 329 | 117 | 176 | 314 | 316 |
| OCF / Net Profit | 0.85 | 1.60 | 1.19 | 0.52 | 1.64 | 0.70 | -0.40 | 1.85 | 1.42 | 1.48 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 322 | 329 | 117 | 176 | 314 | 316 |
Mar 2017
- 47
- Cash from Investing
- -9
- Cash from Financing
- -48
- -9
- Free Cash Flow
- 18
- OCF / Net Profit
- 0.85
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.85
- Cumulative 5-Year FCF
- 0
Mar 2018
- 126
- Cash from Investing
- 13
- Cash from Financing
- -150
- -12
- Free Cash Flow
- 113
- OCF / Net Profit
- 1.60
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.60
- Cumulative 5-Year FCF
- 0
Mar 2019
- 88
- Cash from Investing
- -33
- Cash from Financing
- -36
- 20
- Free Cash Flow
- 58
- OCF / Net Profit
- 1.19
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.19
- Cumulative 5-Year FCF
- 0
Mar 2020
- 36
- Cash from Investing
- -63
- Cash from Financing
- 27
- 0
- Free Cash Flow
- -28
- OCF / Net Profit
- 0.52
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.52
- Cumulative 5-Year FCF
- 0
Mar 2021
- 190
- Cash from Investing
- -73
- Cash from Financing
- -104
- 14
- Free Cash Flow
- 160
- OCF / Net Profit
- 1.64
- Cumulative 5-Year FCF
- 322
- OCF / Net Profit
- 1.64
- Cumulative 5-Year FCF
- 322
Mar 2022
- 88
- Cash from Investing
- -138
- Cash from Financing
- 63
- 13
- Free Cash Flow
- 26
- OCF / Net Profit
- 0.70
- Cumulative 5-Year FCF
- 329
- OCF / Net Profit
- 0.70
- Cumulative 5-Year FCF
- 329
Mar 2023
- -43
- Cash from Investing
- -27
- Cash from Financing
- 54
- -17
- Free Cash Flow
- -99
- OCF / Net Profit
- -0.40
- Cumulative 5-Year FCF
- 117
- OCF / Net Profit
- -0.40
- Cumulative 5-Year FCF
- 117
Mar 2024
- 135
- Cash from Investing
- -21
- Cash from Financing
- -100
- 14
- Free Cash Flow
- 117
- OCF / Net Profit
- 1.85
- Cumulative 5-Year FCF
- 176
- OCF / Net Profit
- 1.85
- Cumulative 5-Year FCF
- 176
Mar 2025
- 133
- Cash from Investing
- -108
- Cash from Financing
- -11
- 14
- Free Cash Flow
- 110
- OCF / Net Profit
- 1.42
- Cumulative 5-Year FCF
- 314
- OCF / Net Profit
- 1.42
- Cumulative 5-Year FCF
- 314
Mar 2026
- 201
- Cash from Investing
- -37
- Cash from Financing
- -114
- 50
- Free Cash Flow
- 162
- OCF / Net Profit
- 1.48
- Cumulative 5-Year FCF
- 316
- OCF / Net Profit
- 1.48
- Cumulative 5-Year FCF
- 316
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 23.63 | 20.31 | 20.00 | 19.56 | 32.16 | 34.95 | 14.28 | 12.18 | 20.84 | 35.28 |
| Book Value (₹) | 313.40 | 332.96 | 352.19 | 370.33 | 402.01 | 433.64 | 447.42 | 467.80 | 487.56 | 520.97 |
| Dividend per Share (₹) | 0.50 | 0.50 | 0.50 | 0.50 | 1.00 | 1.00 | 1.00 | 0.75 | 1.00 | 1.25 |
| Cash EPS (₹) | 9.42 | 12.31 | 12.00 | 11.52 | 17.14 | 18.37 | 16.30 | 12.67 | 14.93 | 19.91 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 13.19% | 15.27% | 14.44% | 14.57% | 17.97% | 16.02% | 11.90% | 10.21% | 10.60% | 12.81% |
| Net Margin % | 5.71% | 8.08% | 7.09% | 6.98% | 9.59% | 8.67% | 7.38% | 4.81% | 5.54% | 7.49% |
| ROE % | 2.11% | 2.81% | 2.51% | 2.20% | 3.46% | 3.49% | 2.82% | 1.84% | 2.26% | 3.10% |
| ROCE % | 3.81% | 4.35% | 3.86% | 3.53% | 5.21% | 5.28% | 3.49% | 3.14% | 3.61% | 4.75% |
| 1.75% | 2.40% | 2.20% | 1.92% | 3.02% | 3.06% | 2.46% | 1.61% | 1.99% | 2.76% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 27 | 30 | 32 | 33 | 27 | 23 | 19 | 16 | 18 | 19 |
| Inventory Days | 120 | 117 | 99 | 119 | 110 | 99 | 127 | 146 | 131 | 125 |
| Payable Days | 50 | 40 | 33 | 43 | 43 | 33 | 18 | 12 | 14 | 13 |
| 97 | 107 | 98 | 109 | 94 | 89 | 129 | 150 | 136 | 130 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.12x | 0.07x | 0.06x | 0.07x | 0.04x | 0.06x | 0.08x | 0.06x | 0.06x | 0.04x |
| Interest Coverage (x) | 3.36x | 6.17x | 8.10x | 8.04x | 19.31x | 23.28x | 6.80x | 5.34x | 9.36x | 12.40x |
| 1.18x | 1.50x | 1.43x | 1.35x | 1.53x | 1.49x | 1.65x | 1.84x | 1.99x | 2.36x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 1.87% | 5.82% | 11.21% | -6.02% | 24.16% | 20.71% | -0.16% | 3.01% | 11.51% | 7.06% |
| Operating Profit Growth % | 15.76% | 16.49% | 1.95% | -5.19% | 50.97% | 7.65% | -25.84% | -1.70% | 14.19% | 26.92% |
| Net Profit Growth % | -3.76% | 42.44% | -5.42% | -7.49% | 68.17% | 9.13% | -14.93% | -32.20% | 28.34% | 44.83% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -14.75% | 71.15% | 69.29% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 16.50x | 10.87x | 6.63x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.43x | 0.46x | 0.45x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.37% | 0.44% | 0.53% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 11.13x | 10.89x | 8.29x |
Mar 2017
- EPS (₹)
- 23.63
- Book Value (₹)
- 313.40
- Dividend per Share (₹)
- 0.50
- Cash EPS (₹)
- 9.42
- Operating Margin %
- 13.19%
- Net Margin %
- 5.71%
- ROE %
- 2.11%
- ROCE %
- 3.81%
- 1.75%
- Debtor Days
- 27
- Inventory Days
- 120
- Payable Days
- 50
- 97
- Debt to Equity (x)
- 0.12x
- Interest Coverage (x)
- 3.36x
- 1.18x
- Revenue Growth %
- 1.87%
- Operating Profit Growth %
- 15.76%
- Net Profit Growth %
- -3.76%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 20.31
- Book Value (₹)
- 332.96
- Dividend per Share (₹)
- 0.50
- Cash EPS (₹)
- 12.31
- Operating Margin %
- 15.27%
- Net Margin %
- 8.08%
- ROE %
- 2.81%
- ROCE %
- 4.35%
- 2.40%
- Debtor Days
- 30
- Inventory Days
- 117
- Payable Days
- 40
- 107
- Debt to Equity (x)
- 0.07x
- Interest Coverage (x)
- 6.17x
- 1.50x
- Revenue Growth %
- 5.82%
- Operating Profit Growth %
- 16.49%
- Net Profit Growth %
- 42.44%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 20.00
- Book Value (₹)
- 352.19
- Dividend per Share (₹)
- 0.50
- Cash EPS (₹)
- 12.00
- Operating Margin %
- 14.44%
- Net Margin %
- 7.09%
- ROE %
- 2.51%
- ROCE %
- 3.86%
- 2.20%
- Debtor Days
- 32
- Inventory Days
- 99
- Payable Days
- 33
- 98
- Debt to Equity (x)
- 0.06x
- Interest Coverage (x)
- 8.10x
- 1.43x
- Revenue Growth %
- 11.21%
- Operating Profit Growth %
- 1.95%
- Net Profit Growth %
- -5.42%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 19.56
- Book Value (₹)
- 370.33
- Dividend per Share (₹)
- 0.50
- Cash EPS (₹)
- 11.52
- Operating Margin %
- 14.57%
- Net Margin %
- 6.98%
- ROE %
- 2.20%
- ROCE %
- 3.53%
- 1.92%
- Debtor Days
- 33
- Inventory Days
- 119
- Payable Days
- 43
- 109
- Debt to Equity (x)
- 0.07x
- Interest Coverage (x)
- 8.04x
- 1.35x
- Revenue Growth %
- -6.02%
- Operating Profit Growth %
- -5.19%
- Net Profit Growth %
- -7.49%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 32.16
- Book Value (₹)
- 402.01
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 17.14
- Operating Margin %
- 17.97%
- Net Margin %
- 9.59%
- ROE %
- 3.46%
- ROCE %
- 5.21%
- 3.02%
- Debtor Days
- 27
- Inventory Days
- 110
- Payable Days
- 43
- 94
- Debt to Equity (x)
- 0.04x
- Interest Coverage (x)
- 19.31x
- 1.53x
- Revenue Growth %
- 24.16%
- Operating Profit Growth %
- 50.97%
- Net Profit Growth %
- 68.17%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 34.95
- Book Value (₹)
- 433.64
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 18.37
- Operating Margin %
- 16.02%
- Net Margin %
- 8.67%
- ROE %
- 3.49%
- ROCE %
- 5.28%
- 3.06%
- Debtor Days
- 23
- Inventory Days
- 99
- Payable Days
- 33
- 89
- Debt to Equity (x)
- 0.06x
- Interest Coverage (x)
- 23.28x
- 1.49x
- Revenue Growth %
- 20.71%
- Operating Profit Growth %
- 7.65%
- Net Profit Growth %
- 9.13%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 14.28
- Book Value (₹)
- 447.42
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 16.30
- Operating Margin %
- 11.90%
- Net Margin %
- 7.38%
- ROE %
- 2.82%
- ROCE %
- 3.49%
- 2.46%
- Debtor Days
- 19
- Inventory Days
- 127
- Payable Days
- 18
- 129
- Debt to Equity (x)
- 0.08x
- Interest Coverage (x)
- 6.80x
- 1.65x
- Revenue Growth %
- -0.16%
- Operating Profit Growth %
- -25.84%
- Net Profit Growth %
- -14.93%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 12.18
- Book Value (₹)
- 467.80
- Dividend per Share (₹)
- 0.75
- Cash EPS (₹)
- 12.67
- Operating Margin %
- 10.21%
- Net Margin %
- 4.81%
- ROE %
- 1.84%
- ROCE %
- 3.14%
- 1.61%
- Debtor Days
- 16
- Inventory Days
- 146
- Payable Days
- 12
- 150
- Debt to Equity (x)
- 0.06x
- Interest Coverage (x)
- 5.34x
- 1.84x
- Revenue Growth %
- 3.01%
- Operating Profit Growth %
- -1.70%
- Net Profit Growth %
- -32.20%
- -14.75%
- P/E (x)
- 16.50x
- P/B (x)
- 0.43x
- Dividend Yield %
- 0.37%
- 11.13x
Mar 2025
- EPS (₹)
- 20.84
- Book Value (₹)
- 487.56
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 14.93
- Operating Margin %
- 10.60%
- Net Margin %
- 5.54%
- ROE %
- 2.26%
- ROCE %
- 3.61%
- 1.99%
- Debtor Days
- 18
- Inventory Days
- 131
- Payable Days
- 14
- 136
- Debt to Equity (x)
- 0.06x
- Interest Coverage (x)
- 9.36x
- 1.99x
- Revenue Growth %
- 11.51%
- Operating Profit Growth %
- 14.19%
- Net Profit Growth %
- 28.34%
- 71.15%
- P/E (x)
- 10.87x
- P/B (x)
- 0.46x
- Dividend Yield %
- 0.44%
- 10.89x
Mar 2026
- EPS (₹)
- 35.28
- Book Value (₹)
- 520.97
- Dividend per Share (₹)
- 1.25
- Cash EPS (₹)
- 19.91
- Operating Margin %
- 12.81%
- Net Margin %
- 7.49%
- ROE %
- 3.10%
- ROCE %
- 4.75%
- 2.76%
- Debtor Days
- 19
- Inventory Days
- 125
- Payable Days
- 13
- 130
- Debt to Equity (x)
- 0.04x
- Interest Coverage (x)
- 12.40x
- 2.36x
- Revenue Growth %
- 7.06%
- Operating Profit Growth %
- 26.92%
- Net Profit Growth %
- 44.83%
- 69.29%
- P/E (x)
- 6.63x
- P/B (x)
- 0.45x
- Dividend Yield %
- 0.53%
- 8.29x
Documents
Announcements
- Shareholders meeting
2026-08-20 - Ramco Industries Limited has informed the Exchange regarding Proceedings of undefined held on August 20, 2026
- Copy of Newspaper Publication
2026-08-12 - Ramco Industries Limited has informed the Exchange about Copy of Newspaper Publication
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Nothing filed yet.