The Ramco Cements Limited

Construction Materials · Cement & Cement Products

NSE: RAMCOCEM BSE: 500260

₹845.55

Sept. 30, 2026 · NSE · nse_bhavcopy

Peers in Cement & Cement Products

The largest companies in the same industry by market cap. This company ranks #8 of 40. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

Company	Market cap (₹ Cr)	PE (TTM)	ROE	1Y return	Div. yield	Quality	Valuation	Momentum
UltraTech Cement Limited	322,850	42.6	10.1%	-9.4%	2.19%	58	13	48
Grasim Industries Limited	208,387	291.1	6.1%	9.8%	—	28	65	28
Ambuja Cements Limited	92,932	24.7	7.7%	-34.5%	0.53%	61	68	12
SHREE CEMENT LIMITED	80,622	52.8	7.5%	-23.7%	0.67%	71	25	47
JK Cement Limited	39,221	39.5	13.9%	-19.5%	0.39%	48	5	50
Dalmia Bharat Limited	31,580	399.9	6.4%	-24.5%	0.53%	71	43	14
ACC Limited	22,611	11.0	10.4%	-34.1%	0.62%	69	97	11
The Ramco Cements Limited (this stock)	19,980	31.3	8.6%	-14.8%	0.30%	37	62	12

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value

₹23,644 Cr

EV / EBITDA

12.1x

EV / Sales

2.57x

Market cap / Sales

2.17x

Earnings yield

3.20%

Quarterly Financials

Download CSV

Standalone Consolidated

↑ Positive

Quarterly Revenue

Jun 2026 quarterly revenue is Rs 2,276 Cr, up 9.6% YoY.

↓ Negative

Quarterly Net Profit

Jun 2026 quarterly net profit is Rs 32 Cr, down 63.0% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
June 30, 2026	2,269	42	32	₹1.3500
March 31, 2026	2,606	177	146	₹6.1900
Dec. 31, 2025	2,101	486	387	₹16.3600
Sept. 30, 2025	2,235	100	74	₹3.1400
June 30, 2025	2,070	116	86	₹3.6400
March 31, 2025	2,392	49	31	₹1.3100
Dec. 31, 2024	1,977	333	325	₹13.7600
Sept. 30, 2024	2,038	35	26	₹1.0800
June 30, 2024	2,088	48	36	₹1.5000
March 31, 2024	2,673	162	121	₹5.1300
Dec. 31, 2023	2,106	135	93	₹3.9500
Sept. 30, 2023	2,329	138	101	₹4.2800
June 30, 2023	2,241	108	79	₹3.3400

Quarterly income statement (standalone, ₹ Cr)

Indicator	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23
Total income (before exceptional items)	2,276	2,618	2,119	2,242	2,077	2,405	1,988	2,050	2,097	2,687	2,113	2,343	2,249
Operating revenue	2,269	2,606	2,101	2,235	2,070	2,392	1,977	2,038	2,088	2,673	2,106	2,329	2,241
Other income	7	12	18	7	6	13	11	11	8	14	7	13	8
Operating expenses	1,962	2,233	1,821	1,848	1,672	2,071	1,697	1,726	1,769	2,256	1,711	1,931	1,900
Operating profit	307	373	281	387	398	321	279	312	319	417	395	399	341
Operating profit margin	13.5%	14.3%	13.4%	17.3%	19.2%	13.4%	14.1%	15.3%	15.3%	15.6%	18.8%	17.1%	15.2%
Depreciation	190	187	184	182	183	182	174	169	167	165	166	157	148
Interest	96	95	108	111	105	113	113	120	113	104	102	117	93
Exceptional items, gain / (loss)	13	74	479	—	—	11	329	—	—	—	—	—	—
Profit before tax	42	177	486	100	116	49	333	35	48	162	135	138	108
Tax	10	30	99	26	30	18	8	9	13	41	42	37	29
Net profit	32	146	387	74	86	31	325	26	36	121	93	101	79
EPS	1.35	6.19	16.36	3.14	3.64	1.31	13.76	1.08	1.50	5.13	3.95	4.28	3.34
Net profit (TTM)	639	694	578	517	468	417	508	276	352	395	426	400	310
EPS (TTM)	27.04	29.33	24.45	21.85	19.79	17.65	21.47	11.66	14.86	16.70	18.01	16.91	13.11

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year ended	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)
March 31, 2026	9,013	879	694
March 31, 2025	8,495	466	417
March 31, 2024	9,350	543	395
March 31, 2023	8,135	474	344

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

Indicator	CAGR 3Y	CAGR 5Y	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Total income (before exceptional items)	3.5%	11.3%	9,056^†	8,539^†	9,392^†	8,172^†	6,011^†	5,303^†	5,406^†	5,175^†	4,603^†	3,572^†
Operating revenue	3.5%	11.3%	9,013	8,495	9,350	8,135	5,980^†	5,268^†	5,368^†	5,146^†	4,566^†	3,561^†
Other income	—	—	43^†	44^†	42^†	37^†	31^†	35^†	37^†	28^†	37^†	11^†
Operating expenses	—	—	7,574^†	7,263^†	7,797^†	6,953^†	4,696^†	3,720^†	4,232^†	4,110^†	—	3,154^†
Operating profit	6.8%	-1.5%	1,438^†	1,232^†	1,553^†	1,182^†	1,284^†	1,548^†	1,137^†	1,037^†	—	406^†
Operating profit margin	—	—	16.0%^†	14.5%^†	16.6%^†	14.5%^†	21.5%^†	29.4%^†	21.2%^†	20.1%^†	—	11.4%^†
Depreciation	—	—	736^†	691^†	636^†	504^†	401^†	355^†	315^†	299^†	—	266^†
Interest	—	—	419^†	459^†	416^†	241^†	112^†	88^†	71^†	51^†	59^†	104^†
Exceptional items, gain / (loss)	—	—	553^†	340^†	0^†	0^†	0^†	0^†	0^†	0^†	0^†	0^†
Profit before tax	22.9%	-5.1%	879	466	543	474	801^†	1,140^†	787^†	716^†	785^†	850^†
Tax	—	—	186^†	48^†	148^†	130^†	-91^†	379^†	186^†	210^†	229^†	201^†
Net profit	26.4%	-1.8%	694	417	395	344	893^†	761^†	601^†	506^†	556^†	649^†
EPS	25.7%	-2.3%	29.33^†	17.65^†	16.70^†	14.77^†	38.00^†	33.00^†	25.00^†	—	—	—

^† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

Ratio	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Operating margin	16.0%^†	14.5%^†	16.6%^†	14.5%^†	21.5%^†	29.4%^†	21.2%^†	20.1%^†	—	11.4%^†
EBIT margin	14.4%^†	10.9%^†	10.3%^†	8.8%^†	15.3%^†	23.3%^†	16.0%^†	14.9%^†	18.5%^†	26.8%^†
PBT margin	9.8%	5.5%	5.8%	5.8%	13.4%^†	21.6%^†	14.7%^†	13.9%^†	17.2%^†	23.9%^†
Net margin	7.7%	4.9%	4.2%	4.2%	14.9%^†	14.4%^†	11.2%^†	9.8%^†	12.2%^†	18.2%^†
Interest coverage	3.10x^†	2.02x^†	2.31x^†	2.97x^†	8.13x^†	14.01x^†	12.03x^†	15.07x^†	14.25x^†	9.21x^†
Dividend payout	6.8%^†	14.2%^†	12.0%^†	20.3%^†	0.0%^†	9.1%^†	22.0%^†	—	—	—
Earnings retention	93.2%^†	85.8%^†	88.0%^†	79.7%^†	100.0%^†	90.9%^†	78.0%^†	—	—	—
Current ratio	0.54x	0.52x	—	—	—	—	—	—	—	—
Quick ratio	0.31x	0.28x	—	—	—	—	—	—	—	—
Debt to equity	0.47x	0.62x	—	—	—	—	—	—	—	—
Return on equity	8.5%	5.6%	—	—	—	—	—	—	—	—
Return on assets	4.2%	2.5%	—	—	—	—	—	—	—	—
Return on capital employed	10.6%^†	7.7%^†	—	—	—	—	—	—	—	—
Asset turnover	0.54x	0.52x	—	—	—	—	—	—	—	—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year ended	Operating (₹ Cr)	Investing (₹ Cr)	Financing (₹ Cr)	Capex (₹ Cr)	Free Cash Flow (₹ Cr)
March 31, 2026	1,611	-337	-1,257	997	614
March 31, 2025	1,402	-545	-782	1,024	378
March 31, 2024	1,895	-1,900	-28	1,922	-28
March 31, 2023	1,405	-1,687	274	1,765	-360
March 31, 2022	1,129	-1,810	715	1,816	-686

Balance Sheet (standalone)

Year ended	Total Assets (₹ Cr)	Total Equity (₹ Cr)	Reserves (₹ Cr)	Borrowings, Current (₹ Cr)	Borrowings, Non-current (₹ Cr)	Current Assets (₹ Cr)	Current Liabilities (₹ Cr)	Cash & Equivalents (₹ Cr)	Net Block (₹ Cr)	Inventory (₹ Cr)
March 31, 2026	16,681	8,142	8,119	1,048	2,804	2,387	4,388	188	12,293	1,028
March 31, 2025	16,374	7,494	7,470	1,273	3,379	2,231	4,306	171	11,659	1,015
March 31, 2024	—	—	—	—	—	—	—	—	—	—
March 31, 2023	—	—	—	—	—	—	—	—	—	—
March 31, 2022	—	—	—	—	—	—	—	—	—	—

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.