The Ramco Cements Share Price Live

History of Ramco Cements Limited

Incorporated in 1957, Ramco Cements Limited is a manufacturer of cement and cement-related products. The company is ISO 9001:2015, ISO 14001:2015, and OHSAS 18001 certified for its commitment to quality management, health and safety standards and environmental responsibility.

The company was established in 1961 as Madras Cements Limited (MCL), with headquarters located in Chennai. Ramco Cements is a part of Ramco Group. In 1962, the company set up their first cement plant in Tamil Nadu with a capacity of 200 tonnes.

In 1975, Ramco Cements went public and was listed on the Indian stock exchanges. In 1976, they started dry-process kiln technology with a capacity of 1,200 Tonnes Per Day (TPD), which was the first time in India. In 1980, they installed an Electrostatic Precipitator (ESP) for kiln gas venting to reduce particulate emissions. In 1985, Ramco Cements was the first company in India to install the Combidan Mill Technology to produce superfine cement. In 2003, the company introduced the state-of-the-art cross bar cooler to reduce fuel consumption. In 2014, they installed color-based optical sorters.

As of March 2023, the company has a manufacturing capacity of 22 million tonnes of cement. And 15 million tonnes of clinker. They have 5 integrated cement plants, 1 packing plant, 6 grinding units, 3 dry mortar plants, 1 ready-mix concrete unit, and wind farms at 7 locations. All these plants are located in India in various states, including Tamil Nadu, Andhra Pradesh, Karnataka, West Bengal and Odisha. They cater to 11 states in India through more than 9,400 dealers and more than 22,500 sub-dealers. They also supply their products to international locations, such as Maldives.

Business Segments of Ramco Cements Limited 

The company offers a wide range of products and services, as follows:

• Products: The company’s primary business products are cement, dry-mortar and ready-mix concrete. Under this segment, they manufacture and supply several products, such as Ordinary Portland Cements (OPC), Blended Cements, Super Plaster, Block Fix, Tilefix, Tile Grout, and Concrete.

• Services: Apart from manufacturing cement and cement-related products, the company provides services, such as technical assistance and best practices related to concrete and mortar works.

As of March 31, 2023, the 2 subsidiary companies of Ramco Cements Limited are,

• Ramco Windfarms Limited: This subsidiary is involved in power generation through windmills. Ramco Cements holds a stake of 71.50% of this company.

• Ramco Industrial and Technology Services Limited: This subsidiary company offers transport, manpower and Information Technology-related services. Ramco Cements holds a stake of 94.11% of the company.

Key Personalities of Ramco Cements Limited

P.R. Venketrama Raja, Managing Director

P.R. Venketrama Raja is the Managing Director of Ramco Cements Limited. Since 1985, he has been a member of the board of Ramco Cement Limited. Under his leadership, the company transformed into one of the most trusted cement brands in South India.

Corporate Actions of Ramco Cements Limited

Bonus Issue: In 2008, the company announced a bonus share of 1:1 ratio, dated October 1, 2008.