About
The Ramco Cements Limited, together with its subsidiaries, manufactures and sells cement and cement-related products in India and internationally. The company offers blended and ordinary Portland cement products; construction chemicals, including waterproofing, tiling and flooring, mortars and wall, and grouts and repair solutions under the Hard Worker brand; and ready-mix concrete. It also provides technical assistance and after-sales support to builders and customers. In addition, the company is involved in the generation of power from windmills; manpower supply; transportation of goods by road; and information technology services. The company's products are used in construction applications for housing projects, apartments and institutions, public infrastructure projects, and industrial projects. The company serves the commercial and private sectors. It 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.
Key Metrics
as of Sep 2026Market Cap20,895 Cr
P/E110.00
Div Yield0.28 %
Book Value₹343.00
52w High₹1,214.00
52w Low₹838.00
Face Value₹1.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,273.00 | 2,610.00 | 2,106.00 | 2,239.00 | 2,074.00 | 2,397.00 | 1,983.00 | 2,044.00 | 2,094.00 | 2,678.00 | 2,111.00 | 2,341.00 | 2,247.00 |
| Expenses | 1,967.00 | 2,240.00 | 1,826.00 | 1,851.00 | 1,676.00 | 2,078.00 | 1,704.00 | 1,730.00 | 1,773.00 | 2,259.00 | 1,714.00 | 1,935.00 | 1,903.00 |
| Operating Profit | 306.00 | 371.00 | 280.00 | 388.00 | 398.00 | 319.00 | 279.00 | 314.00 | 320.00 | 419.00 | 397.00 | 406.00 | 343.00 |
| OPM % | 13.00 | 14.00 | 13.00 | 17.00 | 19.00 | 13.00 | 14.00 | 15.00 | 15.00 | 16.00 | 19.00 | 17.00 | 15.00 |
| Other Income | 19.00 | 86.00 | 496.00 | 7.00 | 6.00 | 23.00 | 199.00 | 10.00 | 8.00 | 14.00 | 7.00 | 12.00 | 7.00 |
| Depreciation | 190.00 | 188.00 | 185.00 | 183.00 | 184.00 | 183.00 | 175.00 | 170.00 | 168.00 | 154.00 | 180.00 | 163.00 | 150.00 |
| Interest | 96.00 | 95.00 | 108.00 | 111.00 | 105.00 | 113.00 | 113.00 | 120.00 | 113.00 | 104.00 | 102.00 | 117.00 | 93.00 |
| Profit before tax | 40.00 | 173.00 | 483.00 | 100.00 | 115.00 | 46.00 | 191.00 | 34.00 | 48.00 | 175.00 | 121.00 | 138.00 | 108.00 |
| Tax % | 23.00 | 15.00 | 20.00 | 24.00 | 27.00 | 46.00 | 4.00 | 27.00 | 27.00 | 26.00 | 31.00 | 27.00 | 27.00 |
| Net Profit | 31.00 | 151.00 | 386.00 | 78.00 | 85.00 | 26.00 | 182.00 | 26.00 | 37.00 | 129.00 | 82.00 | 72.00 | 74.00 |
| EPS in Rs | 1.32 | 6.38 | 16.32 | 3.27 | 3.60 | 1.16 | 7.72 | 1.09 | 1.57 | 5.46 | 3.58 | 3.05 | 3.15 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 9,029.00 | 8,518.00 | 9,376.00 | 8,157.00 | 6,004.00 | 5,291.00 | 5,389.00 | 5,162.00 | 4,425.00 | 3,967.00 | 3,582.00 | 3,655.00 |
| Expenses | 7,591.00 | 7,284.00 | 7,811.00 | 6,971.00 | 4,713.00 | 3,733.00 | 4,241.00 | 4,117.00 | 3,310.00 | 2,759.00 | 2,504.00 | 2,935.00 |
| Operating Profit | 1,437.00 | 1,234.00 | 1,565.00 | 1,186.00 | 1,291.00 | 1,558.00 | 1,149.00 | 1,046.00 | 1,115.00 | 1,208.00 | 1,077.00 | 721.00 |
| OPM % | 16.00 | 14.00 | 17.00 | 15.00 | 22.00 | 29.00 | 21.00 | 20.00 | 25.00 | 30.00 | 30.00 | 20.00 |
| Other Income | 595.00 | 241.00 | 39.00 | 33.00 | 28.00 | 30.00 | 34.00 | 25.00 | 32.00 | 40.00 | 75.00 | 85.00 |
| Interest | 421.00 | 460.00 | 416.00 | 241.00 | 113.00 | 88.00 | 73.00 | 53.00 | 61.00 | 105.00 | 184.00 | 196.00 |
| Depreciation | 740.00 | 695.00 | 646.00 | 506.00 | 402.00 | 357.00 | 317.00 | 300.00 | 294.00 | 286.00 | 305.00 | 251.00 |
| Profit before tax | 871.00 | 319.00 | 542.00 | 472.00 | 803.00 | 1,144.00 | 792.00 | 718.00 | 792.00 | 857.00 | 663.00 | 358.00 |
| Tax % | 21.00 | 16.00 | 27.00 | 28.00 | -11.00 | 33.00 | 24.00 | 29.00 | 29.00 | 24.00 | 20.00 | 32.00 |
| Net Profit | 699.00 | 270.00 | 356.00 | 315.00 | 882.00 | 784.00 | 605.00 | 511.00 | 566.00 | 664.00 | 545.00 | 247.00 |
| EPS in Rs | 29.57 | 11.54 | 15.23 | 13.31 | 37.30 | 33.22 | 25.65 | 21.68 | 23.95 | 27.84 | 22.90 | 10.34 |
| Dividend Payout % | 8.00 | 17.00 | 16.00 | 15.00 | 8.00 | 9.00 | 10.00 | 14.00 | 13.00 | 11.00 | 13.00 | 15.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 24.00 | 24.00 | 24.00 | 24.00 | 24.00 | 24.00 | 24.00 | 24.00 | 24.00 | 24.00 | 24.00 | 24.00 |
| Reserves | 8,070.00 | 7,418.00 | 7,214.00 | 6,837.00 | 6,595.00 | 5,708.00 | 4,978.00 | 4,513.00 | 4,089.00 | 3,772.00 | 3,109.00 | 2,602.00 |
| Borrowings | 3,871.00 | 4,675.00 | 4,936.00 | 4,507.00 | 3,950.00 | 3,110.00 | 3,032.00 | 1,637.00 | 1,121.00 | 1,437.00 | 2,141.00 | 2,734.00 |
| Other Liabilities | 4,664.00 | 4,213.00 | 4,095.00 | 3,224.00 | 2,589.00 | 2,613.00 | 2,099.00 | 2,029.00 | 1,936.00 | 1,838.00 | 1,670.00 | 1,646.00 |
| Total Liabilities | 16,629.00 | 16,329.00 | 16,270.00 | 14,592.00 | 13,157.00 | 11,455.00 | 10,132.00 | 8,203.00 | 7,169.00 | 7,071.00 | 6,944.00 | 7,006.00 |
| Fixed Assets | 12,918.00 | 12,344.00 | 12,053.00 | 10,195.00 | 7,773.00 | 6,978.00 | 6,049.00 | 5,400.00 | 5,323.00 | 5,211.00 | 5,026.00 | 4,882.00 |
| CWIP | 990.00 | 1,386.00 | 1,378.00 | 1,987.00 | 3,034.00 | 2,355.00 | 1,840.00 | 853.00 | 175.00 | 120.00 | 147.00 | 263.00 |
| Investments | 60.00 | 90.00 | 319.00 | 273.00 | 297.00 | 307.00 | 276.00 | 259.00 | 240.00 | 210.00 | 327.00 | 358.00 |
| Other Assets | 2,661.00 | 2,509.00 | 2,519.00 | 2,138.00 | 2,054.00 | 1,814.00 | 1,967.00 | 1,692.00 | 1,432.00 | 1,529.00 | 1,444.00 | 1,503.00 |
| Total Assets | 16,629.00 | 16,329.00 | 16,270.00 | 14,592.00 | 13,157.00 | 11,455.00 | 10,132.00 | 8,203.00 | 7,169.00 | 7,071.00 | 6,944.00 | 7,006.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 1,611.00 | 1,399.00 | 1,898.00 | 1,412.00 | 1,135.00 | 1,892.00 | 748.00 | 793.00 | 1,124.00 | 1,117.00 | 1,089.00 | 932.00 |
| Cash from Investing Activity | -338.00 | -542.00 | -1,911.00 | -1,694.00 | -1,816.00 | -1,779.00 | -1,921.00 | -1,202.00 | -490.00 | -280.00 | -261.00 | -477.00 |
| Cash from Financing Activity | -1,257.00 | -782.00 | -28.00 | 274.00 | 715.00 | -64.00 | 1,194.00 | 653.00 | -793.00 | -665.00 | -950.00 | -436.00 |
| Net Cash Flow | 16.00 | 75.00 | -41.00 | -8.00 | 35.00 | 50.00 | 21.00 | 243.00 | -159.00 | 172.00 | -122.00 | 18.00 |
| Free Cash Flow | 1,216.00 | 458.00 | -16.00 | -352.00 | -676.00 | 126.00 | -1,171.00 | -410.00 | 630.00 | 813.00 | 791.00 | 492.00 |
| CFO/OP % | 115.00 | 115.00 | 124.00 | 122.00 | 100.00 | 135.00 | 77.00 | 91.00 | 116.00 | 108.00 | 115.00 | 139.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 32.00 | 31.00 | 33.00 | 21.00 | 21.00 | 26.00 | 36.00 | 35.00 | 37.00 | 51.00 | 48.00 | 38.00 |
| Inventory Days | 196.00 | 215.00 | 209.00 | 240.00 | 342.00 | 253.00 | 270.00 | 242.00 | 273.00 | 314.00 | 341.00 | 280.00 |
| Days Payable | 228.00 | 199.00 | 211.00 | 174.00 | 199.00 | 154.00 | 143.00 | 111.00 | 130.00 | 140.00 | 133.00 | 123.00 |
| Cash Conversion Cycle | 0.00 | 48.00 | 31.00 | 87.00 | 165.00 | 125.00 | 163.00 | 165.00 | 179.00 | 225.00 | 256.00 | 195.00 |
| Working Capital Days | -90.00 | -98.00 | -72.00 | -61.00 | -76.00 | -76.00 | -58.00 | -55.00 | -53.00 | -67.00 | -81.00 | -37.00 |
| ROCE % | 6.00 | 5.00 | 8.00 | 6.00 | 9.00 | 15.00 | 12.00 | 13.00 | 16.00 | 18.00 | 16.00 | 10.00 |
Corporate Actions
37 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 13 Aug 2026 | 13 Aug 2026 | — | 2.50 | |
| Dividend | 06 Aug 2025 | 06 Aug 2025 | — | 2.00 | |
| Dividend | 09 Aug 2024 | 09 Aug 2024 | — | 2.50 | |
| Dividend | 03 Aug 2023 | 03 Aug 2023 | — | 2.00 | |
| Dividend | 02 Aug 2022 | 03 Aug 2022 | — | 3.00 | |
| Other | 11 Aug 2021 | 12 Aug 2021 | — | — | Annual General Meeting |
| Dividend | 22 Mar 2021 | 23 Mar 2021 | — | 3.00 | |
| Other | 28 Aug 2020 | 31 Aug 2020 | — | — | Annual General Meeting |
| Dividend | 11 Mar 2020 | 12 Mar 2020 | — | 2.50 | |
| Dividend | 31 Jul 2019 | 01 Aug 2019 | — | 3.00 | |
| Dividend | 26 Jul 2018 | 27 Jul 2018 | — | 3.00 | |
| Dividend | 27 Jul 2017 | 28 Jul 2017 | — | 3.00 | |
| Dividend | 18 Mar 2016 | 21 Mar 2016 | — | 3.00 | |
| Dividend | 29 Jul 2015 | — | — | 1.50 | |
| Dividend | 18 Jul 2014 | — | — | 1.00 | |
| Dividend | 19 Jul 2013 | — | — | 1.00 | |
| Dividend | 15 Feb 2013 | 19 Feb 2013 | — | 1.00 | |
| Dividend | 09 Nov 2012 | 12 Nov 2012 | — | 1.00 | |
| Dividend | 26 Jul 2012 | — | — | 0.50 | |
| Dividend | 27 Mar 2012 | 28 Mar 2012 | — | 2.00 | |
| Dividend | 02 Aug 2011 | — | — | 1.25 | |
| Dividend | 23 Jul 2010 | — | — | 0.50 | |
| Dividend | 30 Oct 2009 | 03 Nov 2009 | — | 1.50 | |
| Dividend | 28 Jul 2009 | — | — | 1.00 | |
| Dividend | 04 Feb 2009 | 05 Feb 2009 | — | 1.00 | |
| Bonus | 01 Oct 2008 | 10 Oct 2008 | 1:1 | — | |
| Other | 01 Oct 2008 | 10 Oct 2008 | — | — | Fv Spl-Rs10tore1/Bon-1:1 |
| Dividend | 01 Aug 2008 | — | — | 20.00 | |
| Other | 01 Aug 2008 | — | — | — | Agm/Div-Rs10+Gld Jub-Rs10 |
| Dividend | 05 Feb 2008 | 06 Feb 2008 | — | 10.00 | |
| Dividend | 26 Oct 2007 | 29 Oct 2007 | — | 10.00 | |
| Dividend | 18 Jul 2007 | — | — | 10.00 | |
| Dividend | 02 Feb 2007 | 05 Feb 2007 | — | 0.75 | |
| Dividend | 03 Nov 2006 | 06 Nov 2006 | — | 0.75 | |
| Dividend | 18 Jul 2006 | — | — | 5.00 | |
| Dividend | 01 Aug 2005 | — | — | 4.00 | |
| Dividend | 09 Jul 2001 | — | — | 55.00 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update19 Jun from icra
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Rating update13 Mar from crisil
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Rating update9 Jan from crisil
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Rating update23 Dec 2025 from icra
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Rating update20 May 2025 from icra
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Rating update21 Feb 2025 from crisil