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Ramco Industries Ltd

RAMCOIND

Ramco Industries Ltd

RAMCOIND
MaterialsCement
SmallcapWith a market cap of ₹2,614 cr, stock is ranked 1,040
Moderate RiskStock is 2.85x as volatile as Nifty
296.851.43% (-4.30)
296.851.43% (-4.30)

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MaterialsCement
SmallcapWith a market cap of ₹2,614 cr, stock is ranked 1,040
Moderate RiskStock is 2.85x as volatile as Nifty

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MaterialsCement
SmallcapWith a market cap of ₹2,614 cr, stock is ranked 1,040
Moderate RiskStock is 2.85x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
20.670.640.25%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
31.173.551.31%

Forecast & Ratings

Detailed Forecast 
Forecast data is currently unavailable for this stock

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Ramco Industries Limited manufactures Fiber Cement (FC) sheets and Calcium Silicate Boards (CSBs).

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Lower than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 7.4%, vs industry avg of 9.5%

Decreasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 0.45% to 0.38%

Lower than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of -9.31%, vs industry avg of 15.53%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue908.15903.12975.891,060.581,019.991,233.861,468.741,482.191,515.621,607.66
Raw Materialssubtract521.29485.95489.57531.60515.40611.21769.41823.00859.691,423.23
Power & Fuel Costsubtract50.9749.9951.5155.1553.3249.2465.9377.0578.83
Employee Costsubtract68.7876.8080.6191.47103.30113.71128.39130.11129.31
Selling & Administrative Expensessubtract81.7587.02110.76142.84134.03131.44169.77180.92180.63
Operating & Other expensessubtract62.6163.8681.9087.7364.97110.98101.3594.5896.66
Depreciation/Amortizationsubtract24.9326.3327.9029.4930.9432.6132.6733.8936.9836.62
Interest & Other Itemssubtract40.3433.7221.6615.1114.689.578.6420.9725.0120.07
Taxes & Other Itemssubtract-134.97-125.31-64.04-65.17-66.19-103.65-110.27-2.322.801.26
EPS22.2123.6320.3119.8919.5632.1634.9514.3012.1814.57
DPS0.500.500.500.500.501.001.001.000.750.75
Payout ratio0.020.020.020.030.030.030.030.070.060.05

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange

Peers & Comparison

Comparing 3 stocks from 
MaterialsCement

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Ramco Industries Ltd24.730.640.25%
UltraTech Cement Ltd48.335.620.60%
Grasim Industries Ltd31.671.280.37%
Ambuja Cements Ltd39.492.780.31%

Price Comparison

Compare RAMCOIND with any stock or ETF
Compare RAMCOIND with any stock or ETF
RAMCOIND
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding54.81%2.63%1.55%0.96%40.05%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep0.73%0.71%0.90%0.85%0.98%0.96%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 1 Mutual Funds holding Ramco Industries Ltd


Funds (Top 1)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
Tata Small Cap Fund-Direct Plan-Growth

Growth
2.6481%0.72%0.09%51/59 (-4)

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Insider Trades & Bulk Deals

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smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No Trend In Dividends

Dividends are the portion of earnings that a company distributes to all its shareholders every year

RAMCOIND has shown inconsistent dividend trend over the last 5 years

Dividend Yield

Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.25%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹2.49 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateAug 9, 2024

Final
Final | Div/Share: ₹0.75

Dividend/Share

0.75

Ex DateEx Date

Aug 9, 2024

Cash Dividend

Ex DateEx DateAug 3, 2023

Final
Final | Div/Share: ₹1.00

Dividend/Share

1.00

Ex DateEx Date

Aug 3, 2023

Cash Dividend

Ex DateEx DateAug 2, 2022

Final
Final | Div/Share: ₹1.00

Dividend/Share

1.00

Ex DateEx Date

Aug 2, 2022

Cash Dividend

Ex DateEx DateMar 22, 2021

Interim
Interim | Div/Share: ₹1.00

Dividend/Share

1.00

Ex DateEx Date

Mar 22, 2021

Cash Dividend

Ex DateEx DateMar 11, 2020

Interim
Interim | Div/Share: ₹0.50

Dividend/Share

0.50

Ex DateEx Date

Mar 11, 2020

News & Opinions
Corporate
Ramco Industries receives ratings action from ICRA

Ramco Industries has received reaffirmation in credit rating at ICRA AA-; Stable / ICRA A1+ for Rs 500 crore line of credit of the company. Further, the company has been assigned the rating ICRA AA-; Stable for proposed non convertible debentures of Rs 160 crore. Powered by Capital Market - Live

4 days agoCapital Market - Live
Spotlight
CRISIL Ratings reaffirms Ramco Inds 'A1+' rating

CRISIL Ratings stated that the The revenue improved by 11% to Rs 896 crore in the first half of fiscal 2025 from Rs 803 crore in the second half of fiscal 2024. The growth was driven by 4% increase in the building products segment with major contribution from its subsidiary and steep increase in sales of the textile segment to satisfy commitments under advance license scheme for import of raw materials. Operating margin improved to ~11% in the first half of fiscal 2025 from 10.32% in the first half of fiscal 2024 because of better realisation from the boards segment and increased revenue share in overall revenue besides recovery in the cotton-yarn spread. Demand for asbestos will likely remain steady with increase in rural income over the near-to-medium term and increased government push towards rural housing. The board business is likely to fare well due to healthy demand, while the textile business segment will benefit from better export. These factors are expected to contribute to revenue growth of 10-12% over the medium term. The operating margin is expected to remain stable at 10-11% mainly due to intense competition from substitute products and pricing competition from peers, which will likely be partially offset by stable asbestos fibre cost. RIL has planned to invest Rs 200 crore in fiscal 2026 to set up a board plant in Madhya Pradesh and is expected to avail debt of Rs 150 crore for the project, which was delayed due to requisite approvals and uncertain market conditions. However, with improving demand for board, the company will likely complete the planned capital expenditure (capex) by fiscal 2026, while revenue generation will commence from fiscal 2027. The project will increase board capacity by 40-50%. Nevertheless, the financial risk profile will likely remain healthy post factoring additional project debt of Rs 150 crore due to existing low debt on its balance sheet. The rating continues to reflect the established position of the company in the domestic asbestos cement (AC) sheet (ACS) roofing market, its strong presence in the Sri Lankan market and a healthy revenue diversity through presence in textiles, calcium silicate board and wind power. The rating also considers the company's healthy operating efficiency and strong financial risk profile, driven by steady cash accrual, prudent working capital management and moderate expansion plans. The significant value of investments in the listed Ramco group companies, including RCL, supports RIL's financial flexibility. These strengths are partially offset by high dependence of the AC roofing business on rural spending, availability and pricing of key raw material (asbestos fibre), exposure to intense competition from peers as well as from substitute steel products. The company is also exposed to regulatory risks on the manufacture and use of asbestos as well as change in policies of key asbestos-producing nations, given that India imports its entire asbestos requirement. Ramco Industries manufactures AC roofing sheets in India and Sri Lanka. The company also manufactures calcium silicate board in the building products division and sells cotton yarn of 4-300s counts. It has 10 manufacturing facilities across India for the building products division, one facility in Rajapalayam, Tamil Nadu, for manufacture of cotton yarn, and windmills in Tamil Nadu, Karnataka and Gujarat. For the first half of fiscal 2025, RIL, on consolidated basis, reported profit after tax (PAT) of Rs 49 crore (Rs 40 crore in the corresponding period of fiscal 2024) on net revenue of Rs 896 crore (Rs 803 crore). The scrip had advanced 1.27% to end at Rs 311.15 on the BSE today. Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
Ramco Industries acquires 1.73 lakh shares of The Ramco Cements

Ramco Industries has acquired 1.73 lakh equity shares of The Ramco Cements for a consideration of Rs 16.02 crore. Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Corporate
Ramco Industries acquire further stake in The Ramco Cements

Ramco Industries has acquired 4,66,600 shares of The Ramco Cements for a consideration of Rs.41.95 crore. The Board of Ramco Industries at its meeting held on 11 November 2024 had approved investment of up to Rs 160 crore in The Ramco Cements in one or more tranches. Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Corporate
Board of Ramco Industries approves investment of Rs 160 cr in The Ramco Cements

The Board of Ramco Industries at its meeting held on 11 November 2024 has approved investment by purchase of shares of The Ramco Cement, for a value up to Rs 160 crore in one or more tranches, through stock exchanges. The board also approved raising credit facilities from Banks/ Mutual Funds/ NBFCs by way of Secured, Rated, Redeemable, Non-Convertible Debentures/ term loan or any other borrowing mode asrequired/ stipulated by Banks/ Mutual Funds / NBFCs upto an amount not exceeding Rs.160 crore in one or more tranches, for corporate requirements and for funding the above investment. Powered by Capital Market - Live

4 weeks agoCapital Market - Live
Earnings
Ramco Industries reports consolidated net profit of Rs 16.88 crore in the September 2024 quarter

Net profit of Ramco Industries reported to Rs 16.88 crore in the quarter ended September 2024 as against net loss of Rs 4.15 crore during the previous quarter ended September 2023. Sales rose 11.49% to Rs 349.13 crore in the quarter ended September 2024 as against Rs 313.16 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales349.13313.16 11 OPM %11.889.34 - PBDT41.5226.68 56 PBT32.5517.50 86 NP16.88-4.15 LP Powered by Capital Market - Live

4 weeks agoCapital Market - Live
Spotlight
Ramco Inds hits 52-week high after reporting turnaround Q2 performance

Revenue from operations jumped 11.83% YoY to Rs 353.17 crore during the quarter. Profit before exceptional items and tax was spiked 86% to Rs 32.55 crore in Q2 FY25 as compared with Rs 17.50 crore in Q2 FY24. Total expenses rose by 7.41% to Rs 323.79 crore in Q2 FY25 as compared with Rs 301.44 crore posted in Q2 FY24. Cost of material consumed was at Rs 232.69 crore (up 20.3% YoY) and employee benefits expense stood at Rs 41.85 crore (up 19.85% YoY) during the quarter. On half year basis, the company's net profit rallied 58.92% to Rs 56.29 crore on 11.65% increased in revenue from operations to Rs 896.33 crore in H1 FY25 over H1 FY24. Meanwhile, the company's board approved investment by purchase of shares of The Ramco Cements for a value upto Rs 160 crore in one or more tranches. Further, the company board also approved raising of credit facilities from Banks/ Mutual Funds/ NBFCs by way of secured, rated, redeemable, non-convertible debentures/ term loan or any other borrowing mode as required/ stipulated by banks/ mutual funds / NBFCs upto an amount not exceeding Rs 160 crore in one or more tranches, for corporate requirements and for funding the above investment. Ramco Industries (RIL) is a part of the Chennai-based Ramco Group and is primarily involved in the manufacture of asbestos-based FC sheets, which find application as a roofing material. Apart from FC sheets, RIL is involved in the spinning of cotton yarn and manufacturing of calcium silicate boards. RIL has a 100% subsidiary in Sri Lanka named Sri Ramco Lanka (Private) Limited, which is involved in manufacturing and marketing FC sheets in the country. The Ramco Group of companies has interests in cement, FC sheets, textiles and information technology. The counter hit a 52-week high of Rs 293.95 on the BSE.Powered by Capital Market - Live

4 weeks agoCapital Market - Live
Corporate
Ramco Industries announces board meeting date

Ramco Industries will hold a meeting of the Board of Directors of the Company on 11 November 2024Powered by Capital Market - Live

1 month agoCapital Market - Live

Ramco Industries consolidated net profit declines 0.40% in the June 2024 quarter

4 months agoBusiness Standard
Earnings
Ramco Industries consolidated net profit declines 0.40% in the June 2024 quarter

Net profit of Ramco Industries declined 0.40% to Rs 39.41 crore in the quarter ended June 2024 as against Rs 39.57 crore during the previous quarter ended June 2023. Sales rose 11.70% to Rs 540.30 crore in the quarter ended June 2024 as against Rs 483.70 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales540.30483.70 12 OPM %10.5211.08 - PBDT55.7351.70 8 PBT46.9242.74 10 NP39.4139.57 0 Powered by Capital Market - Live

4 months agoCapital Market - Live