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The Ramco Cements Performance

Days Range

Low: ₹778.25
High: ₹798.05
Previous Close ₹788.40
Open ₹785.00
Volume 11,15,435
Day’s Range ₹778.25 - ₹798.05
52W Range ₹742.75 - ₹1,058.20
Market Cap ₹18,611 Cr

The Ramco Cements Fundamentals

ROCE (TTM) 7.85
P/E Ratio (TTM) 51.72
P/B Ratio 2.57
Industry P/E 36.63
Debt to Equity 0.68
ROE 4.97
EPS (TTM) 15.23
Dividend Yield 0.32
Book Value 306.31
Face Value 1

The Ramco Cements Financials

Jun 2023Sep 2023Dec 2023Mar 2024
Net Sales2,246.662,340.572,110.882,678.24
Expenses2,052.912,097.741,894.122,413.31
Profit before tax107.65137.83121.41174.77
Operating Profit78.64100.8584.01130.03
Net Profit78.64100.8584.01130.03
EPS in Rs3.263.153.75.65

About The Ramco Cements

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.

Parent Organisation Ramco
Founded 1957
Managing Director M F Farooqui
NSE Symbol RAMCOCEM

Peer Comparison

Stocks Market Cap (cr) Market Price (₹) 52 Week Low-High (₹)
Sanghi Industries Ltd ₹2,468.56

95.2

0.45 (-0.47%)

95 - 96.9View Peer Comparison
NCL Industries Ltd ₹936.77

206.75

0.45 (-0.22%)

206.15 - 208.2View Peer Comparison
Andhra Cements Ltd ₹830.38

90.1

0.15 (0.17%)

89.85 - 90.6View Peer Comparison
India Cements Ltd ₹6,479.95

209.4

0.15 (0.07%)

208.1 - 210.9View Peer Comparison
Birla Corporation Ltd ₹11,092.91

1463

22.30 (1.55%)

1445 - 1476.95View Peer Comparison

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The Ramco Cements FAQs

What is the Share price of The Ramco Cements (RAMCOCEM)?

The Ramco Cements (RAMCOCEM) share price as of May 24, 2024, on NSE is Rs 789.60 (NSE) and Rs 788.90 (BSE) on BSE.

Can I buy The Ramco Cements (RAMCOCEM) shares?

Yes, You can buy The Ramco Cements (RAMCOCEM) shares by opening a Demat account with Angel One.

How do I buy The Ramco Cements (RAMCOCEM) from Angel One?

The Ramco Cements (RAMCOCEM) share can be brought through the following modes:
  1. Direct investment: You can buy The Ramco Cements (RAMCOCEM) shares by opening a Demat account with Angel One.
  2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to The Ramco Cements (RAMCOCEM) shares.

Is The Ramco Cements a Debt free Company?

No, The Ramco Cements is not a debt free company.

What is the main business of The Ramco Cements?

The main business of The Ramco Cements is to manufacture and sell cement through its 5 integrated cement units with 21 MTPA production capacity. It also operates a wind farm of 166 MW capacity.

Who are the promoters of The Ramco Cements?

Some of the top promoters of The Ramco Cements are Ramco Industries Limited, Rajapalayam Mills Limited, The Ramaraju Surgical Cotton Mills Ltd., Sri Vishnu Shankar Mill Limited, Sudharsanam Investments Limited, Nalina Ramalakshmi, P.R. Venketrama Raja, and Saradha Deepa.

What are the Subsidiaries that comes under The Ramco Cements?

The main subsidiaries that come under The Ramco Cements are Ramco Windfarms Limited and Ramco Industrial and Technology Services Limited.