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Last Updated: March 6, 2026, 3:16 am
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 500260 | NSE: RAMCOCEM

The Ramco Cements Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: March 6, 2026, 3:16 am

Market Cap 26,077 Cr.
Current Price 1,104
Intrinsic Value₹505.60
High / Low 1,214/788
Stock P/E137
Book Value 322
Dividend Yield0.18 %
ROCE4.83 %
ROE1.56 %
Face Value 1.00
PEG Ratio-16.45

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for The Ramco Cements Ltd

Competitors

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
The Ramco Cements Ltd 26,077 Cr. 1,104 1,214/788137 3220.18 %4.83 %1.56 % 1.00
ACC Ltd 28,586 Cr. 1,524 2,123/1,50511.4 1,0610.49 %17.4 %13.2 % 10.0
Dalmia Bharat Ltd 36,269 Cr. 1,929 2,496/1,60130.3 9430.47 %5.58 %4.15 % 2.00
The India Cements Ltd 12,194 Cr. 394 490/253 3250.00 %5.49 %8.83 % 10.0
J K Cements Ltd 42,610 Cr. 5,514 7,566/4,21940.6 8390.27 %14.0 %13.9 % 10.0
Industry Average38,086.80 Cr1,841.74293.47573.870.63%8.92%85.54%7.13

All Competitor Stocks of The Ramco Cements Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 2,0092,5702,2412,3292,1062,6732,0882,0381,9772,3922,0702,2352,101
Expenses 1,7242,1571,9001,9311,7112,2561,7691,7261,6972,0711,6721,8481,821
Operating Profit 285413341399395417319312279321398387281
OPM % 14%16%15%17%19%16%15%15%14%13%19%17%13%
Other Income 9128137148113402467497
Interest 617793117102104113120113113105111108
Depreciation 136141148157166165167169174182183182184
Profit before tax 97207108138135162483533349116100486
Tax % 31%26%27%27%31%25%26%27%2%37%26%26%20%
Net Profit 6715279101931213626325318674387
EPS in Rs 2.856.453.344.293.955.141.501.0813.771.313.643.1416.37

Last Updated: March 3, 2026, 2:14 pm

Below is a detailed analysis of the quarterly data for The Ramco Cements Ltd based on the most recent figures (Dec 2025) and their trends compared to the previous period:

  • For Sales, as of Dec 2025, the value is 2,101.00 Cr.. The value appears to be declining and may need further review. It has decreased from 2,235.00 Cr. (Sep 2025) to 2,101.00 Cr., marking a decrease of 134.00 Cr..
  • For Expenses, as of Dec 2025, the value is 1,821.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 1,848.00 Cr. (Sep 2025) to 1,821.00 Cr., marking a decrease of 27.00 Cr..
  • For Operating Profit, as of Dec 2025, the value is 281.00 Cr.. The value appears to be declining and may need further review. It has decreased from 387.00 Cr. (Sep 2025) to 281.00 Cr., marking a decrease of 106.00 Cr..
  • For OPM %, as of Dec 2025, the value is 13.00%. The value appears to be declining and may need further review. It has decreased from 17.00% (Sep 2025) to 13.00%, marking a decrease of 4.00%.
  • For Other Income, as of Dec 2025, the value is 497.00 Cr.. The value appears strong and on an upward trend. It has increased from 7.00 Cr. (Sep 2025) to 497.00 Cr., marking an increase of 490.00 Cr..
  • For Interest, as of Dec 2025, the value is 108.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 111.00 Cr. (Sep 2025) to 108.00 Cr., marking a decrease of 3.00 Cr..
  • For Depreciation, as of Dec 2025, the value is 184.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 182.00 Cr. (Sep 2025) to 184.00 Cr., marking an increase of 2.00 Cr..
  • For Profit before tax, as of Dec 2025, the value is 486.00 Cr.. The value appears strong and on an upward trend. It has increased from 100.00 Cr. (Sep 2025) to 486.00 Cr., marking an increase of 386.00 Cr..
  • For Tax %, as of Dec 2025, the value is 20.00%. The value appears to be improving (decreasing) as expected. It has decreased from 26.00% (Sep 2025) to 20.00%, marking a decrease of 6.00%.
  • For Net Profit, as of Dec 2025, the value is 387.00 Cr.. The value appears strong and on an upward trend. It has increased from 74.00 Cr. (Sep 2025) to 387.00 Cr., marking an increase of 313.00 Cr..
  • For EPS in Rs, as of Dec 2025, the value is 16.37. The value appears strong and on an upward trend. It has increased from 3.14 (Sep 2025) to 16.37, marking an increase of 13.23.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 26, 2026, 4:16 am

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 3,6843,6453,5733,9504,4065,1465,3685,2685,9808,1359,3508,4958,798
Expenses 3,1202,9312,5012,7543,3054,1094,2313,7204,6956,9537,7977,2627,412
Operating Profit 5647141,0721,1951,1011,0381,1381,5481,2851,1831,5531,2331,386
OPM % 15%20%30%30%25%20%21%29%21%15%17%15%16%
Other Income 8687884436283735303742384534
Interest 18919518210460527388113241416460437
Depreciation 306250305284292299315355401504636691731
Profit before tax 1543566738507857167871,140801474543466752
Tax % 11%32%19%24%29%29%24%33%-11%27%27%10%
Net Profit 138242542649556506601761893344395417578
EPS in Rs 5.7910.1822.7727.2723.5921.4725.5232.2637.7814.5416.7217.6624.46
Dividend Payout % 17%15%13%11%13%14%10%9%8%14%15%11%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)75.36%123.97%19.74%-14.33%-8.99%18.77%26.62%17.35%-61.48%14.83%5.57%
Change in YoY Net Profit Growth (%)0.00%48.60%-104.23%-34.07%5.34%27.77%7.85%-9.28%-78.82%76.30%-9.26%

The Ramco Cements Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:9%
5 Years:10%
3 Years:12%
TTM:-8%
Compounded Profit Growth
10 Years:-7%
5 Years:-28%
3 Years:-50%
TTM:-59%
Stock Price CAGR
10 Years:13%
5 Years:9%
3 Years:13%
1 Year:29%
Return on Equity
10 Years:10%
5 Years:8%
3 Years:4%
Last Year:2%

Last Updated: September 5, 2025, 1:46 pm

Balance Sheet

Last Updated: December 4, 2025, 2:06 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 24242424242424242424242424
Reserves 2,4582,6213,0703,7184,0194,4374,8955,6036,5016,7707,1207,4707,588
Borrowings 2,9102,7122,1241,4251,1131,6193,0323,1103,9504,5074,9364,6754,699
Other Liabilities 1,4761,6451,6771,8431,9382,0292,0962,6092,5813,2164,0884,2064,310
Total Liabilities 6,8697,0026,8947,0097,0938,10810,04711,34613,05614,51716,16816,37416,620
Fixed Assets 4,6414,8764,9015,1835,2985,3766,0276,9577,75210,17412,04312,33812,858
CWIP 3542631471201758531,8402,3553,0341,9871,3781,3861,067
Investments 283356372148159175189201201202223135104
Other Assets 1,5901,5081,4751,5571,4611,7051,9911,8332,0692,1532,5242,5152,591
Total Assets 6,8697,0026,8947,0097,0938,10810,04711,34613,05614,51716,16816,37416,620

Below is a detailed analysis of the balance sheet data for The Ramco Cements Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:

  • For Equity Capital, as of Sep 2025, the value is 24.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 24.00 Cr..
  • For Reserves, as of Sep 2025, the value is 7,588.00 Cr.. The value appears strong and on an upward trend. It has increased from 7,470.00 Cr. (Mar 2025) to 7,588.00 Cr., marking an increase of 118.00 Cr..
  • For Borrowings, as of Sep 2025, the value is 4,699.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 4,675.00 Cr. (Mar 2025) to 4,699.00 Cr., marking an increase of 24.00 Cr..
  • For Other Liabilities, as of Sep 2025, the value is 4,310.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 4,206.00 Cr. (Mar 2025) to 4,310.00 Cr., marking an increase of 104.00 Cr..
  • For Total Liabilities, as of Sep 2025, the value is 16,620.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 16,374.00 Cr. (Mar 2025) to 16,620.00 Cr., marking an increase of 246.00 Cr..
  • For Fixed Assets, as of Sep 2025, the value is 12,858.00 Cr.. The value appears strong and on an upward trend. It has increased from 12,338.00 Cr. (Mar 2025) to 12,858.00 Cr., marking an increase of 520.00 Cr..
  • For CWIP, as of Sep 2025, the value is 1,067.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,386.00 Cr. (Mar 2025) to 1,067.00 Cr., marking a decrease of 319.00 Cr..
  • For Investments, as of Sep 2025, the value is 104.00 Cr.. The value appears to be declining and may need further review. It has decreased from 135.00 Cr. (Mar 2025) to 104.00 Cr., marking a decrease of 31.00 Cr..
  • For Other Assets, as of Sep 2025, the value is 2,591.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,515.00 Cr. (Mar 2025) to 2,591.00 Cr., marking an increase of 76.00 Cr..
  • For Total Assets, as of Sep 2025, the value is 16,620.00 Cr.. The value appears strong and on an upward trend. It has increased from 16,374.00 Cr. (Mar 2025) to 16,620.00 Cr., marking an increase of 246.00 Cr..

Notably, the Reserves (7,588.00 Cr.) exceed the Borrowings (4,699.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + 4799561,0851,1051,1137907401,8851,1291,4051,8871,402
Cash from Investing Activity + -541-482-263-276-483-1,191-1,932-1,771-1,810-1,687-1,900-545
Cash from Financing Activity + 53-457-943-659-7876431,213-64715274-28-782
Net Cash Flow -1017-121171-157242205034-7-4175

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow562.00712.00-1.000.000.000.00-2.00-2.00-2.00-3.00-3.00-3.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 303848513735362621213331
Inventory Days 363279340313272241270252342240209215
Days Payable 93123133139130111143153198173211198
Cash Conversion Cycle 300194256225179165163125165873148
Working Capital Days -50-37-80-67-53-54-58-77-76-61-72-98
ROCE %6%10%16%18%16%14%12%15%10%7%8%5%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 42.29%42.11%42.11%42.11%42.29%42.29%42.29%42.75%42.55%42.55%42.55%42.55%
FIIs 7.55%7.95%7.85%7.94%7.43%7.38%6.61%6.88%7.29%8.43%8.15%7.98%
DIIs 32.46%32.44%33.37%32.92%32.24%31.14%30.87%30.89%30.14%27.85%28.48%28.15%
Government 3.39%3.39%3.39%3.39%3.39%3.39%3.39%3.39%3.39%3.39%3.39%3.39%
Public 14.31%14.11%13.29%13.64%14.66%15.81%16.85%16.10%16.64%17.77%17.42%17.94%
No. of Shareholders 54,63847,89747,10546,99356,32776,16576,44763,10162,36056,97257,83856,029

Shareholding Pattern Chart

No. of Shareholders

The Ramco Cements Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Kotak Flexicap Fund 7,700,000 1.53 863.17N/AN/AN/A
Nippon India Small Cap Fund 5,076,860 0.86 569.124,721,3142026-01-26 03:42:577.53%
HDFC Flexi Cap Fund 3,964,281 0.46 444.43,877,8842025-12-15 00:20:162.23%
HSBC Value Fund 2,324,433 1.79 260.571,775,3422026-02-23 00:22:0630.93%
SBI Contra Fund 2,106,875 0.48 236.182,106,8752025-04-22 15:56:520%
SBI Large & Midcap Fund 1,939,228 0.58 217.391,854,7282026-02-23 00:22:064.56%
HDFC Hybrid Equity Fund 1,600,000 0.75 179.361,494,6882026-01-26 02:18:517.05%
Franklin India Small Cap Fund 1,306,390 1.15 146.45N/AN/AN/A
Tata Small Cap Fund 1,255,923 1.31 140.79N/AN/AN/A
Canara Robeco Small Cap Fund 1,156,767 1.02 129.67N/AN/AN/A

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 1.001.001.001.001.00
Basic EPS (Rs.) 11.5315.7714.0039.0034.00
Diluted EPS (Rs.) 11.5315.7714.0039.0034.00
Cash EPS (Rs.) 40.7644.0135.8954.8147.48
Book Value[Excl.RevalReserv]/Share (Rs.) 314.92306.45290.65280.38243.24
Book Value[Incl.RevalReserv]/Share (Rs.) 314.92306.45290.65280.38243.24
Revenue From Operations / Share (Rs.) 360.49396.80345.21254.07224.29
PBDIT / Share (Rs.) 53.9067.8651.5655.7867.30
PBIT / Share (Rs.) 24.4940.5130.1538.7652.19
PBT / Share (Rs.) 13.5122.9219.9734.0048.47
Net Profit / Share (Rs.) 11.3516.6514.4737.7832.37
NP After MI And SOA / Share (Rs.) 11.5415.2313.3137.3033.22
PBDIT Margin (%) 14.9517.1014.9321.9530.00
PBIT Margin (%) 6.7910.208.7315.2523.26
PBT Margin (%) 3.745.775.7813.3821.61
Net Profit Margin (%) 3.144.194.1914.8714.43
NP After MI And SOA Margin (%) 3.203.833.8514.6814.81
Return on Networth / Equity (%) 3.664.974.5813.3113.67
Return on Capital Employeed (%) 4.817.786.198.8213.62
Return On Assets (%) 1.662.212.156.696.84
Long Term Debt / Equity (X) 0.450.540.520.430.37
Total Debt / Equity (X) 0.620.670.650.590.54
Asset Turnover Ratio (%) 0.520.600.580.480.49
Current Ratio (X) 0.510.560.610.610.60
Quick Ratio (X) 0.280.310.320.310.35
Inventory Turnover Ratio (X) 8.521.871.581.251.32
Dividend Payout Ratio (NP) (%) 21.6813.1422.560.009.03
Dividend Payout Ratio (CP) (%) 6.114.708.640.006.21
Earning Retention Ratio (%) 78.3286.8677.440.0090.97
Cash Earning Retention Ratio (%) 93.8995.3091.360.0093.79
Interest Coverage Ratio (X) 2.783.865.0711.7318.12
Interest Coverage Ratio (Post Tax) (X) 1.151.952.428.949.71
Enterprise Value (Cr.) 25669.0923941.5222178.9221935.6226628.51
EV / Net Operating Revenue (X) 3.012.552.723.655.03
EV / EBITDA (X) 20.1514.9318.2016.6416.77
MarketCap / Net Operating Revenue (X) 2.492.042.193.034.47
Retention Ratios (%) 78.3186.8577.430.0090.96
Price / BV (X) 2.852.652.602.754.13
Price / Net Operating Revenue (X) 2.492.042.193.034.47
EarningsYield 0.010.010.010.040.03

After reviewing the key financial ratios for The Ramco Cements Ltd, here is a detailed analysis based on the latest available data and recent trends:

  • For FaceValue, as of Mar 25, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 1.00.
  • For Basic EPS (Rs.), as of Mar 25, the value is 11.53. This value is within the healthy range. It has decreased from 15.77 (Mar 24) to 11.53, marking a decrease of 4.24.
  • For Diluted EPS (Rs.), as of Mar 25, the value is 11.53. This value is within the healthy range. It has decreased from 15.77 (Mar 24) to 11.53, marking a decrease of 4.24.
  • For Cash EPS (Rs.), as of Mar 25, the value is 40.76. This value is within the healthy range. It has decreased from 44.01 (Mar 24) to 40.76, marking a decrease of 3.25.
  • For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 314.92. It has increased from 306.45 (Mar 24) to 314.92, marking an increase of 8.47.
  • For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 314.92. It has increased from 306.45 (Mar 24) to 314.92, marking an increase of 8.47.
  • For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 360.49. It has decreased from 396.80 (Mar 24) to 360.49, marking a decrease of 36.31.
  • For PBDIT / Share (Rs.), as of Mar 25, the value is 53.90. This value is within the healthy range. It has decreased from 67.86 (Mar 24) to 53.90, marking a decrease of 13.96.
  • For PBIT / Share (Rs.), as of Mar 25, the value is 24.49. This value is within the healthy range. It has decreased from 40.51 (Mar 24) to 24.49, marking a decrease of 16.02.
  • For PBT / Share (Rs.), as of Mar 25, the value is 13.51. This value is within the healthy range. It has decreased from 22.92 (Mar 24) to 13.51, marking a decrease of 9.41.
  • For Net Profit / Share (Rs.), as of Mar 25, the value is 11.35. This value is within the healthy range. It has decreased from 16.65 (Mar 24) to 11.35, marking a decrease of 5.30.
  • For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 11.54. This value is within the healthy range. It has decreased from 15.23 (Mar 24) to 11.54, marking a decrease of 3.69.
  • For PBDIT Margin (%), as of Mar 25, the value is 14.95. This value is within the healthy range. It has decreased from 17.10 (Mar 24) to 14.95, marking a decrease of 2.15.
  • For PBIT Margin (%), as of Mar 25, the value is 6.79. This value is below the healthy minimum of 10. It has decreased from 10.20 (Mar 24) to 6.79, marking a decrease of 3.41.
  • For PBT Margin (%), as of Mar 25, the value is 3.74. This value is below the healthy minimum of 10. It has decreased from 5.77 (Mar 24) to 3.74, marking a decrease of 2.03.
  • For Net Profit Margin (%), as of Mar 25, the value is 3.14. This value is below the healthy minimum of 5. It has decreased from 4.19 (Mar 24) to 3.14, marking a decrease of 1.05.
  • For NP After MI And SOA Margin (%), as of Mar 25, the value is 3.20. This value is below the healthy minimum of 8. It has decreased from 3.83 (Mar 24) to 3.20, marking a decrease of 0.63.
  • For Return on Networth / Equity (%), as of Mar 25, the value is 3.66. This value is below the healthy minimum of 15. It has decreased from 4.97 (Mar 24) to 3.66, marking a decrease of 1.31.
  • For Return on Capital Employeed (%), as of Mar 25, the value is 4.81. This value is below the healthy minimum of 10. It has decreased from 7.78 (Mar 24) to 4.81, marking a decrease of 2.97.
  • For Return On Assets (%), as of Mar 25, the value is 1.66. This value is below the healthy minimum of 5. It has decreased from 2.21 (Mar 24) to 1.66, marking a decrease of 0.55.
  • For Long Term Debt / Equity (X), as of Mar 25, the value is 0.45. This value is within the healthy range. It has decreased from 0.54 (Mar 24) to 0.45, marking a decrease of 0.09.
  • For Total Debt / Equity (X), as of Mar 25, the value is 0.62. This value is within the healthy range. It has decreased from 0.67 (Mar 24) to 0.62, marking a decrease of 0.05.
  • For Asset Turnover Ratio (%), as of Mar 25, the value is 0.52. It has decreased from 0.60 (Mar 24) to 0.52, marking a decrease of 0.08.
  • For Current Ratio (X), as of Mar 25, the value is 0.51. This value is below the healthy minimum of 1.5. It has decreased from 0.56 (Mar 24) to 0.51, marking a decrease of 0.05.
  • For Quick Ratio (X), as of Mar 25, the value is 0.28. This value is below the healthy minimum of 1. It has decreased from 0.31 (Mar 24) to 0.28, marking a decrease of 0.03.
  • For Inventory Turnover Ratio (X), as of Mar 25, the value is 8.52. This value exceeds the healthy maximum of 8. It has increased from 1.87 (Mar 24) to 8.52, marking an increase of 6.65.
  • For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 21.68. This value is within the healthy range. It has increased from 13.14 (Mar 24) to 21.68, marking an increase of 8.54.
  • For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 6.11. This value is below the healthy minimum of 20. It has increased from 4.70 (Mar 24) to 6.11, marking an increase of 1.41.
  • For Earning Retention Ratio (%), as of Mar 25, the value is 78.32. This value exceeds the healthy maximum of 70. It has decreased from 86.86 (Mar 24) to 78.32, marking a decrease of 8.54.
  • For Cash Earning Retention Ratio (%), as of Mar 25, the value is 93.89. This value exceeds the healthy maximum of 70. It has decreased from 95.30 (Mar 24) to 93.89, marking a decrease of 1.41.
  • For Interest Coverage Ratio (X), as of Mar 25, the value is 2.78. This value is below the healthy minimum of 3. It has decreased from 3.86 (Mar 24) to 2.78, marking a decrease of 1.08.
  • For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 1.15. This value is below the healthy minimum of 3. It has decreased from 1.95 (Mar 24) to 1.15, marking a decrease of 0.80.
  • For Enterprise Value (Cr.), as of Mar 25, the value is 25,669.09. It has increased from 23,941.52 (Mar 24) to 25,669.09, marking an increase of 1,727.57.
  • For EV / Net Operating Revenue (X), as of Mar 25, the value is 3.01. This value exceeds the healthy maximum of 3. It has increased from 2.55 (Mar 24) to 3.01, marking an increase of 0.46.
  • For EV / EBITDA (X), as of Mar 25, the value is 20.15. This value exceeds the healthy maximum of 15. It has increased from 14.93 (Mar 24) to 20.15, marking an increase of 5.22.
  • For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 2.49. This value is within the healthy range. It has increased from 2.04 (Mar 24) to 2.49, marking an increase of 0.45.
  • For Retention Ratios (%), as of Mar 25, the value is 78.31. This value exceeds the healthy maximum of 70. It has decreased from 86.85 (Mar 24) to 78.31, marking a decrease of 8.54.
  • For Price / BV (X), as of Mar 25, the value is 2.85. This value is within the healthy range. It has increased from 2.65 (Mar 24) to 2.85, marking an increase of 0.20.
  • For Price / Net Operating Revenue (X), as of Mar 25, the value is 2.49. This value is within the healthy range. It has increased from 2.04 (Mar 24) to 2.49, marking an increase of 0.45.
  • For EarningsYield, as of Mar 25, the value is 0.01. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 24) which recorded 0.01.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of The Ramco Cements Ltd as of March 11, 2026 is: ₹551.53

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of March 11, 2026, The Ramco Cements Ltd is Overvalued by 50.04% compared to the current share price ₹1,104.00

Intrinsic Value of The Ramco Cements Ltd as of March 11, 2026 is: ₹505.60

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of March 11, 2026, The Ramco Cements Ltd is Overvalued by 54.20% compared to the current share price ₹1,104.00

Last 5 Year EPS CAGR: -8.33%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a low average Working Capital Days of -65.25, which is a positive sign.
  2. The company has higher reserves (5,097.69 cr) compared to borrowings (3,139.38 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (5.31 cr) and profit (566.00 cr) over the years.
  1. The stock has a low average ROCE of 11.42%, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 161.50, which may not be favorable.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in The Ramco Cements Ltd:
    1. Net Profit Margin: 3.14%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 4.81% (Industry Average ROCE: 8.92%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 3.66% (Industry Average ROE: 85.54%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 1.15
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 0.28
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 137 (Industry average Stock P/E: 293.47)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0.62
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

The Ramco Cements Ltd. is a Public Limited Listed company incorporated on 03/07/1957 and has its registered office in the State of Tamil Nadu, India. Company's Corporate Identification Number(CIN) is L26941TN1957PLC003566 and registration number is 003566. Currently Company is involved in the business activities of Manufacture of portland cement, aluminous cement, slag cement and similar hydraulic cement. Company's Total Operating Revenue is Rs. 8495.10 Cr. and Equity Capital is Rs. 23.63 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
CementRamamandiram, Rajapalayam Tamil Nadu 626117Contact not found
Management
NamePosition Held
Mr. M F FarooquiChairman
Mr. P R Venketrama RajaManaging Director
Dr. M S KrishnanIndependent Director
Mr. C K RanganathanIndependent Director
Mr. Ajay Bhaskar BaligaIndependent Director
Mr. R DineshNon Exe.Non Ind.Director
Mrs. Soundara KumarIndependent Director

FAQ

What is the intrinsic value of The Ramco Cements Ltd?

The Ramco Cements Ltd's intrinsic value (as of 11 March 2026) is ₹505.60 which is 54.20% lower the current market price of ₹1,104.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹26,077 Cr. market cap, FY2025-2026 high/low of ₹1,214/788, reserves of ₹7,588 Cr, and liabilities of ₹16,620 Cr.

What is the Market Cap of The Ramco Cements Ltd?

The Market Cap of The Ramco Cements Ltd is 26,077 Cr..

What is the current Stock Price of The Ramco Cements Ltd as on 11 March 2026?

The current stock price of The Ramco Cements Ltd as on 11 March 2026 is ₹1,104.

What is the High / Low of The Ramco Cements Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of The Ramco Cements Ltd stocks is ₹1,214/788.

What is the Stock P/E of The Ramco Cements Ltd?

The Stock P/E of The Ramco Cements Ltd is 137.

What is the Book Value of The Ramco Cements Ltd?

The Book Value of The Ramco Cements Ltd is 322.

What is the Dividend Yield of The Ramco Cements Ltd?

The Dividend Yield of The Ramco Cements Ltd is 0.18 %.

What is the ROCE of The Ramco Cements Ltd?

The ROCE of The Ramco Cements Ltd is 4.83 %.

What is the ROE of The Ramco Cements Ltd?

The ROE of The Ramco Cements Ltd is 1.56 %.

What is the Face Value of The Ramco Cements Ltd?

The Face Value of The Ramco Cements Ltd is 1.00.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in The Ramco Cements Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE
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