Ramco Industries Ltd
RAMCOINDRamco Industries Ltd
RAMCOIND
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
AvgCan be considered moderately valued vs the market
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 19.73 | 0.61 | 0.26% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 29.47 | 3.35 | 1.38% |
Forecast & Ratings
Detailed Forecast Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Ramco Industries Limited manufactures Fiber Cement (FC) sheets and Calcium Silicate Boards (CSBs).
Peers
Compare with peersUltraTech Cement Ltd
Grasim Industries Ltd
Ambuja Cements Ltd
Shree Cement Ltd
ACC Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
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Hmm, looks like data is unavailable here. Please come back after some timeIncome
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 908.15 | 903.12 | 975.89 | 1,060.58 | 1,019.99 | 1,233.86 | 1,468.74 | 1,482.19 | 1,515.62 | 1,607.66 | ||||||||||
Raw Materials | 521.29 | 485.95 | 489.57 | 531.60 | 515.40 | 611.21 | 769.41 | 823.00 | 859.69 | 1,423.23 | ||||||||||
| Power & Fuel Cost | 50.97 | 49.99 | 51.51 | 55.15 | 53.32 | 49.24 | 65.93 | 77.05 | 78.83 | |||||||||||
| Employee Cost | 68.78 | 76.80 | 80.61 | 91.47 | 103.30 | 113.71 | 128.39 | 130.11 | 129.31 | |||||||||||
| Selling & Administrative Expenses | 81.75 | 87.02 | 110.76 | 142.84 | 134.03 | 131.44 | 169.77 | 180.92 | 180.63 | |||||||||||
| Operating & Other expenses | 62.61 | 63.86 | 81.90 | 87.73 | 64.97 | 110.98 | 101.35 | 94.58 | 96.66 | |||||||||||
EBITDA | 122.75 | 139.50 | 161.54 | 151.79 | 148.97 | 217.28 | 233.89 | 176.53 | 170.50 | 184.43 | ||||||||||
| Depreciation/Amortization | 24.93 | 26.33 | 27.90 | 29.49 | 30.94 | 32.61 | 32.67 | 33.89 | 36.98 | 36.62 | ||||||||||
| PBIT | 97.82 | 113.17 | 133.64 | 122.30 | 118.03 | 184.67 | 201.22 | 142.64 | 133.52 | 147.81 | ||||||||||
| Interest & Other Items | 40.34 | 33.72 | 21.66 | 15.11 | 14.68 | 9.57 | 8.64 | 20.97 | 25.01 | 20.07 | ||||||||||
| PBT | 57.48 | 79.45 | 111.98 | 107.19 | 103.35 | 175.10 | 192.58 | 121.67 | 108.51 | 127.74 | ||||||||||
| Taxes & Other Items | -134.97 | -125.31 | -64.04 | -65.17 | -66.19 | -103.65 | -110.27 | -2.32 | 2.80 | 1.26 | ||||||||||
| Net Income | 192.45 | 204.76 | 176.02 | 172.36 | 169.54 | 278.75 | 302.85 | 123.99 | 105.71 | 126.48 | ||||||||||
| EPS | 22.21 | 23.63 | 20.31 | 19.89 | 19.56 | 32.16 | 34.95 | 14.30 | 12.18 | 14.57 | ||||||||||
| DPS | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 1.00 | 1.00 | 1.00 | 0.75 | 0.75 | ||||||||||
| Payout ratio | 0.02 | 0.02 | 0.02 | 0.03 | 0.03 | 0.03 | 0.03 | 0.07 | 0.06 | 0.05 |
Company Updates
Peers & Comparison
MaterialsCement
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Ramco Industries Ltd | 23.60 | 0.61 | 0.26% |
| UltraTech Cement Ltd | 46.80 | 5.44 | 0.62% |
| Grasim Industries Ltd | 30.98 | 1.25 | 0.38% |
| Ambuja Cements Ltd | 34.42 | 2.42 | 0.36% |
Price Comparison
Compare RAMCOIND with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
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) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
Tata Small Cap Fund-Direct Plan-Growth Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 2.2305% | Percentage of the fund’s portfolio invested in the stock 0.59% | Change in the portfolio weight of the stock over the last 3 months -0.08% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 43/58 (+3) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Trend In Dividends
RAMCOIND has shown inconsistent dividend trend over the last 5 years
Dividend Yield
Current dividend yield is 0.26%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹2.61 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateAug 9, 2024
Dividend/Share
₹0.75
Ex DateEx Date
Aug 9, 2024
Cash Dividend
Ex DateEx DateAug 3, 2023
Dividend/Share
₹1.00
Ex DateEx Date
Aug 3, 2023
Cash Dividend
Ex DateEx DateAug 2, 2022
Dividend/Share
₹1.00
Ex DateEx Date
Aug 2, 2022
Cash Dividend
Ex DateEx DateMar 22, 2021
Dividend/Share
₹1.00
Ex DateEx Date
Mar 22, 2021
Cash Dividend
Ex DateEx DateMar 11, 2020
Dividend/Share
₹0.50
Ex DateEx Date
Mar 11, 2020
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
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
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
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
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
Ramco Industries will hold a meeting of the Board of Directors of the Company on 11 November 2024Powered by Capital Market - Live
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
Ramco Industries will hold a meeting of the Board of Directors of the Company on 3 August 2024.Powered by Capital Market - Live
Ramco Industries, Ramco Cements sell their holding in LYNK Logistics to Swiggy
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 7.4%, vs industry avg of 9.51%
Decreasing Market Share
Over the last 5 years, market share decreased from 0.45% to 0.38%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of -9.31%, vs industry avg of 15.49%