Fin Cascade

Prices as of 9 Oct 2026 close · Not investment advice

Ramco Industries Limited

NSE: RAMCOINDOther Construction Materials

Share price

₹291.80

+0.36% close of 9 Oct 2026

Market cap ₹2,626 CrP/E 8.3

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

66

out of 100 · worked out 9 Oct 2026

How the business score works

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹2,626 Cr

P/E ratio

8.3

P/B ratio

0.6

ROCE

4.6%

ROE

6.8%

Dividend yield

0.4%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹377.2052-week low ₹233.80

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 13.4% over the past year, and 9.0% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales held steady, near 14.1% over the last four years.

Whether it grew faster than its sector

It grew 9.0% a year against a sector median of 8.5% — 0.6 percentage points faster.

Room to re-rate, or risk of de-rating

At 8.3× earnings against a market that pays 24.1× across 2199 companies we can price. Its own industry sits at 17.0×, across 3 companies. It is against its own five-year median of 11.7×, the 20th percentile of its own range.

Whether growth justifies the valuation

Priced at 0.2 times its growth rate, on earnings growth of 34%.

Profit growthPrice per ₹1 profitPer 1% growth
Ramco Industries Limited — this one34%/yr8.3×₹0.25
Glass Wall Systems (India) Limited—28.7×—
Arisinfra Solutions Limited80%/yr17.0×₹0.21
BirlaNu Limited———
Everest Industries Limited———
Sahyadri Industries Limited-7%/yr7.8×—

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Other Construction Materials), it ranks 4 of 6 on returns, 3 of 5 on growth, 2 of 6 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 4.6% on capital, ahead of 33% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹514 crore of cash from the business, spent ₹246 crore on plant and equipment, and returned ₹108 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 51 arrived as cash. Its cash comes back more slowly than it used to: it went from being waiting 33 days for its cash to waiting 80 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

8 of 10 checks clear · 80%

How the profit check works

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 10 Aug 2026 · Consolidated · Unaudited

Revenue

₹614 Cr

Revenue vs last year

+15.5%

Revenue vs last quarter

+22.3%

Net profit

₹87 Cr

Profit vs last year

+31.2%

Profit vs last quarter

-1.6%

Net margin

14.1%

EPS

₹10.00

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹2,626 Cr
Prev close
₹291.80
52w High
₹396
52w Low
₹231
Enterprise value
₹2,646 Cr
Beta
1.3
Price CAGR 1y
-12.0%
Price CAGR 3y
19.0%
Price CAGR 5y
0.0%
Price CAGR 10y
5.0%

Ratios

Return on assets
6.1%
PEG ratio
0.2
P/E ratio
8.3
P/B ratio
0.6
EV / EBITDA
9.8
Industry P/E
25.3
ROCE
4.6%
ROCE 5y average
4.0%
ROE
6.8%
Debt / Equity
0.0
Interest coverage
12.1
Dividend yield
0.4%
ROE 3y average
5.0%
ROE last year
7.0%

Annual P&L

Annual revenue
₹1,792 Cr
Annual profit
₹306 Cr
Operating margin
13.0%
Net profit margin
17.1%
EBITDA margin
13.0%
Sales growth 3y
7.1%
Sales growth 5y
8.2%
Profit growth 3y
34.0%
Profit growth 5y
1.0%
EPS
₹35.3
Sales growth TTM
13.0%
Profit growth TTM
52.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹614 Cr
Profit latest quarter
₹87 Cr
YoY quarterly sales growth
15.5%
YoY quarterly profit growth
31.8%
OPM latest quarter
17.1%

Balance Sheet

Book Value
₹502
Face Value
₹1.0
Total debt
₹171 Cr
Total cash
₹151 Cr
Borrowings
₹171 Cr
Reserves / Equity
501.4

Cash Flow

Operating cash flow
₹201 Cr
Free cash flow
₹150 Cr
FCF yield
5.1%
Net cash flow
₹50 Cr

Shareholding

Promoter holding
54.8%
FII holding
1.0%
DII holding
3.4%
Public holding
40.8%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Midwest Energy291.703,7840.00-1.070.56.21173.5-2.5
Ramco Inds.292.008.12,5360.4286.621.9613.815.54.6
Glass Wall Syst.262.0531.52,3040.0016.0-14.8101.132.564.8
Arisinfra Solu.138.7017.21,1340.0020.0306.3290.837.115.6
BirlaNu Ltd1,280.659661.179.4812.11,174.011.6-4.3
Everest Inds.483.307660.20102.11505.5435.9-12.9-8.5
Marble City167.9060.94370.002.62.624.624.013.9
Median248.0018.94370.007.3116.161.920.513.9

Competes with: Arisinfra Solutions Limited, BirlaNu Limited, Everest Industries Limited, Glass Wall Systems (India) Limited, Sahyadri Industries Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales487316334365543353344423532365392502614
Expenses433287300325486312307379464313345437509
Material Cost251263199225257262
Change in Inventories-1551-9.47-206.1750
Purchases of Stock-in-Trade0.740.320.250.238.9711
Employee Cost393839414751
Other Expenses991068596117134
Operating Profit542934405741374468524765105
OPM %119.261011101211101314121317
Other Income433433463431313
Exceptional items (within Other Income)000.2307.868.78
Interest6676434554543
Depreciation999109999999910
Profit before tax431820284733273557433664106
Tax %23563630236043192053402525
Net Profit40-426443917893666411128887
EPS in Rs4.56-0.483.045.054.541.94104.117.564.7113109.97
Diluted EPS in Rs4.127.584.73131010

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales8638658819321,0369741,2091,4601,4581,5011,6741,7921,873
Expenses7837857648149098711,0141,2341,3051,3451,4951,5601,603
Material Cost956914
Change in Inventories-1.5928
Purchases of Stock-in-Trade1.6140
Employee Cost153165
Other Expenses371414
Operating Profit8080117118128103195226152157179233269
OPM %991313121116151010111314
Other Income2143224424462282414152333
Exceptional items (within Other Income)08.09
Interest3840342215151092125171816
Depreciation25252628293133333437363738
Profit before tax395779112107103175193122109142200249
Tax %7-030303033343412333432
Net Profit90192205176172170279303124106181306327
EPS in Rs10222420202032351412213538
Diluted EPS in Rs2135
Dividend Payout %322233337600

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
8%
5 years
8%
3 years
7%
TTM
13%

Compounded profit growth

10 years
5%
5 years
1%
3 years
34%
TTM
52%

Stock price CAGR

10 years
5%
5 years
0%
3 years
19%
1 year
-12%

Return on equity

10 years
6%
5 years
5%
3 years
5%
Last year
7%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital99999999998.688.68
Reserves6022,5142,7072,8773,0443,2013,4753,7503,8754,0524,2244,513
Borrowings413363336213187238152224308242258171
Other Liabilities140173211217224266332312273273292284
Minority Interest00
Total Liabilities1,1643,0593,2633,3153,4643,7133,9684,2944,4654,5754,7834,977
Fixed Assets407407424424443467472523563565559557
CWIP102211105213619126517
Investments2612,1292,2702,3662,4772,6022,8173,0533,0583,1723,3403,485
Other Assets487501558515539624643699832832879918
Total Assets1,1643,0593,2633,3153,4643,7133,9684,2944,4654,5754,7834,977

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity897947126883619088-43135133201
Cash from Investing Activity-156-913-33-63-73-138-27-21-108-37
Cash from Financing Activity-77-57-48-150-3627-1046354-100-11-114
Net Cash Flow-328-9-122001413-17141450
Free Cash Flow69405812745-3013621-109102104150

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days303030353331282315172218
Inventory Days195202256207194264217203273262232235
Days Payable285046363350482611131711
Cash Conversion Cycle198183239206194246197200277267237242
Working Capital Days141311493436433362707580
ROCE %743443553345

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters545455555555555555555555
FIIs0.710.900.850.980.961.420.811.121.260.820.821
DIIs4.244.184.184.184.184.184.193.853.513.253.353.35
Public414140404040404040414141
No. of Shareholders32,80934,25734,27131,88732,92532,18831,58030,39830,45930,29629,08631,622

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -16.3% (₹348.45 → ₹291.80)Brick size ₹11.32 (fixed)Bricks 39
₹250₹350₹292Nov '25Jan '26Mar '26May '26Jul '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹291.80 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

20.00inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

4.84cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

81,32,394inr

2026-03-31

News

News and filings about Ramco Industries Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Uses as raw material

  • Chrysotile fibre
  • Fly ash
  • Raw cotton

Depends on the price of

  • cement
  • cotton
  • paper_pulp

Sells to

  • Rural housing and homeowners · Fibre cement roofing sheets and boards

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Construction Materials
Industry
Other Construction Materials
Classification
Construction Materials › Other Construction Materials
ISIN
INE614A01028

Business segments

  • BUILDING PRODUCTS · 88%
  • TEXTILES · 11%
  • WINDMILLS · 1%

Plants

  • Ramco Arakkonam Calcium Silicate Board Unit
  • Ramco Bihiya FC Sheet Unit
  • Ramco Cotton Spinning Mill
  • Ramco Gangaikondan FC Sheet Unit
  • Ramco Ibrahimpatnam FC Sheet Unit
  • Ramco Karur FC Sheet Unit
  • Ramco Kharagpur FC Sheet Unit
  • Ramco Kotputli Calcium Silicate Board Unit
  • Ramco Maksi FC Sheet Unit
  • Ramco Silvassa FC Sheet Unit
  • Ramco Sinugra FC Sheet Unit

News impact

Big market events that reach Ramco Industries Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

13 Aug 2026unspecified₹1.25
6 Aug 2025unspecified₹1
9 Aug 2024unspecified₹0.75
3 Aug 2023unspecified₹1
2 Aug 2022unspecified₹1
22 Mar 2021interim₹1
11 Mar 2020interim₹0.5
31 Jul 2019unspecified₹0.5

Splits, bonuses & buybacks

  • daily-prices repair: 9 rows from NSE's archive (replace 1, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Bulk & block deals

DateWhoBought / soldSharesPrice
10 Aug 2026MICROCURVES TRADING PRIVATE LIMITEDSELL16,01,303₹380.23
10 Aug 2026MICROCURVES TRADING PRIVATE LIMITEDBUY16,01,303₹379.88
10 Aug 2026NK SECURITIES RESEARCH PRIVATE LIMITEDSELL8,38,272₹378.67
10 Aug 2026NK SECURITIES RESEARCH PRIVATE LIMITEDBUY8,38,272₹378.48
10 Aug 2026JUNOMONETA FINSOL PRIVATE LIMITEDBUY6,44,902₹376.24
10 Aug 2026JUNOMONETA FINSOL PRIVATE LIMITEDSELL6,41,884₹376.51
10 Aug 2026ALPHAGREP SECURITIES PRIVATE LIMITEDSELL4,40,228₹373.53
10 Aug 2026ALPHAGREP SECURITIES PRIVATE LIMITEDBUY4,40,228₹373.15
25 Jun 2026MICROCURVES TRADING PRIVATE LIMITEDBUY9,67,393₹344.59
25 Jun 2026MICROCURVES TRADING PRIVATE LIMITEDSELL9,67,393₹344.80

Insider trades

DisclosedWhoTypeSharesValue ₹ Cr
1 Sep 2026N K SHRIKANTAN RAJA (HUF) · OtherSELL2,4700.08
28 Aug 2026N K SHRIKANTAN RAJA (HUF) · OtherSELL2,5300.09
21 Aug 2026N K SHRIKANTAN RAJA · DirectorSELL5,0000.17

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.