Ramco Industries LimitedRAMCOINDCorporate

Cement Products Latest results: Mar 2026 14 quarters of data
₹299.10
MCap ₹2,597 Cr · P/E 22.8
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹397 Cr
Sales · Mar 2026
+15.1% YoY
₹37 Cr
Operating Profit · Mar 2026
+48.0% YoY
9.3%
OPM % · Mar 2026
+29.2% YoY
₹26 Cr
Net Profit · Mar 2026
-9.1% YoY
₹3.01
EPS · Mar 2026
-26.9% YoY

📝 Ramco Industries Limited — results explained

Quarter ended March 2026 (Q4 FY26)

Ramco Industries Limited reported revenue of ₹397 crore for the quarter ended March 2026 (Q4 FY26), up 15.1% from ₹345 crore in the same quarter last year, and up 28.9% sequentially over the December 2025 quarter.

Net profit fell 9.1% year-on-year to ₹26 crore, from ₹29 crore. Earnings per share (EPS) came in at ₹3.01.

Operating profit stood at ₹37 crore — an operating margin (OPM) of 9.3%, compared with 7.2% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Ramco Industries Limited posted revenue of ₹1,437 crore, a growth of 3.3% over FY25, with a net profit of ₹114 crore (up 9.5% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹1,437 crore with a net profit of ₹114 crore.

Valuation snapshot

At the current price of ₹299.10, RAMCOIND has a market capitalisation of ₹2,597 crore and a trailing P/E of about 22.8.

Within the Cement Products industry, it is the largest of the 5 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 54.83%, foreign institutional investors (FIIs) 0.69%, domestic institutional investors (DIIs) 3.34%, public shareholders 41.14% of Ramco Industries Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹2,597 Cr
Current Price ?
₹299.1
P/E ?
22.81above ind
Industry P/E ?
9.10
P/B ?
1.95
P/S ?
1.81
P/FCF ?
51.95
Enterprise Value ?
₹2,771 Cr
EV/EBITDA ?
19.94
PEG ?
7.60
Earnings Yield ?
3.8%
Dividend Yield ?
0.33%
Profitability & Returns
Sales (TTM) ?
₹1,437 Cr
OPM ?
9.7%
Profit after tax (TTM) ?
₹114 Cr
EPS (TTM) ?
₹13.11
ROCE ?
9.0%
ROE ?
8.5%
ROA ?
6.5%
Growth
Sales — latest qtr ?
₹397 Cr
PAT — latest qtr ?
₹26 Cr
YoY qtr sales growth ?
15.1%
YoY qtr profit growth ?
-9.1%
Sales growth (3y) ?
3%
Sales growth (5y) ?
8%
Profit growth (3y) ?
3%
Profit growth (5y) ?
-1%
Financial Health
Debt ?
₹174 Cr
Debt to Equity ?
0.13
Interest Coverage ?
5.8
Current Ratio ?
N/A
Ownership
Promoter holding ?
54.83%
Change in promoter holding ?
0.02%
Pledged percentage ?
N/A
Market
Return 3 months ?
-15.4%
Return 6 months ?
6.8%

🗓️ Quarterly results (14 quarters · ₹ Cr)

same fiscal quarter as Mar bestweakest per row · for costs (interest, NPAs) low is best
Metric Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026 YoY % QoQ %
Sales 283310453264270311493281272345459273308397 +15.1% +28.9%
Operating Profit 1520461719224623192551262537 +48.0% +48.0%
Other Income 381191321361341341211 +175.0% -8.3%
Interest 576127643455454 -20.0% -20.0%
Depreciation 888179988888999 +12.5% +0.0%
Profit Before Tax 61333551683547191539482435 +133.3% +45.8%
Net Profit 63326161252834132946202226 -9.1% +19.9%
EPS 0.663.833.041.841.440.553.183.971.494.127.584.7312.943.01 -26.9% -76.7%
OPM % 5.4% 6.5% 10.1% 6.4% 7.0% 7.1% 9.3% 8.2% 7.0% 7.2% 11.1% 9.5% 8.1% 9.3% +29.2% +14.8%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹1,391 Cr ₹1,437 Cr ₹1,437 Cr +3.3%
Operating Profit ₹113 Cr ₹139 Cr ₹139 Cr +23.0%
OPM % 8.12% 9.67% 9.67% +19.1%
NPM % 7.48% 7.92% 7.92% +5.9%
Other Income ₹54 Cr ₹58 Cr ₹58 Cr +7.4%
Depreciation ₹32 Cr ₹35 Cr ₹35 Cr +9.4%
Interest ₹16 Cr ₹18 Cr ₹18 Cr +12.5%
EBIT ₹81 Cr ₹104 Cr ₹104 Cr +28.4%
PBT ₹116 Cr ₹146 Cr ₹146 Cr +25.9%
Tax — — — —
Net Profit ₹104 Cr ₹114 Cr ₹114 Cr +9.5%
EPS ₹12.76 ₹28.26 ₹28.26 +121.5%
Material Cost — — — —
Employee Cost — — — —
Extraordinary Items — ₹0 Cr ₹0 Cr —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Sep 2025 % Chg
Equity Capital 9999 +0.0%
Reserves 1,0961,1681,2461,324 +6.3%
Borrowings 308244258174 -32.6%
Other Liabilities 243221248248 +0.0%
Total Liabilities 1,6561,6411,7601,754 -0.3%
Fixed Assets 537538532523 -1.7%
CWIP 115412 +200.0%
Investments 400441538557 +3.5%
Other Assets 708657686662 -3.5%
Total Assets 1,6561,6411,7601,754 -0.3%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity -37875294 +80.8%
Cash from Investing Activity -1616-4937 +175.5%
Cash from Financing Activity 56-99-10-114 -1040.0%
Net Cash Flow 23-818 +325.0%
Free Cash Flow -99572550 +100.0%
CFO/OP -25%85%50%70% +40.0%

➗ Ratios (latest 4 periods)

Metric Mar 2022Mar 2023Mar 2024Mar 2025 % Chg
Debtor Days 34171926 +36.8%
Inventory Days 230280269244 -9.3%
Days Payable 19111318 +38.5%
Cash Conversion Cycle 245285275253 -8.0%
Working Capital Days 45596678 +18.2%
ROCE % 15%9%7%9% +28.6%

👥 Shareholding (latest 5 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Sep 2026 % Chg
Promoters 54.81%54.79%54.79%54.79%54.83% +0.1%
FIIs 1.12%1.26%0.82%0.82%0.69% -15.9%
DIIs 3.85%3.51%3.25%3.35%3.34% -0.3%
Public 40.20%40.44%41.16%41.06%41.14% +0.2%
No. of Shareholders 30,39830,45930,29629,08631,375 +7.9%

⚖️ Peer comparison

Industry: Cement Products · 5 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 RAMCOIND Ramco Industries ₹299.55 2,601 14.9 1,786 176 13.0% 9.8% 7.4% 1.3% 18.7% 207.8%
2 VISAKAIND Visaka Industries ₹92.90 803 9.3 1,762 86 10.2% 4.9% 8.8% 2567.6% 16.6% 1.3%
3 EVERESTIND Everest Industries ₹401.35 636 — 1,352 -1 -0.8% -0.1% -17.7% -2707.4% -13.0% 5004.7%
4 BIGBLOC Bigbloc Construction ₹39.51 559 — 306 -4 7.4% -1.4% 26.2% -365.1% 40.4% 85.5%
5 SAHYADRI Sahyadri Industries ₹331.95 363 8.1 724 46 11.1% 6.3% 12.4% 57.9% 20.3% 141.1%
❓ Frequently asked questions
What was Ramco Industries Limited's revenue in Q4 FY26?
Ramco Industries Limited reported revenue of ₹397 crore for the quarter ended March 2026 (Q4 FY26), up 15.1% from ₹345 crore in the same quarter last year, and up 28.9% sequentially over the December 2025 quarter.
What was Ramco Industries Limited's net profit in Q4 FY26?
Net profit fell 9.1% year-on-year to ₹26 crore, from ₹29 crore. Earnings per share (EPS) came in at ₹3.01.
What is RAMCOIND's market capitalisation and P/E ratio?
At the current price of ₹299.10, RAMCOIND has a market capitalisation of ₹2,597 crore and a trailing P/E of about 22.8.
Who owns Ramco Industries Limited? (shareholding pattern)
As of Sep 2026, promoters held 54.83%, foreign institutional investors (FIIs) 0.69%, domestic institutional investors (DIIs) 3.34%, public shareholders 41.14% of Ramco Industries Limited.
TTM ends 2026-03-31. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI