Let's break down Ramco Cements (RAMCOCEM) — from its financial performance to how the market is valuing the stock.
Ramco Cements Revenue Trend
Revenue fell 9.1% year-over-year to ₹8,560 Cr in FY2025 for Ramco Cements.
Over the past 10 years, revenue has grown at a 8.9% CAGR, from ₹3,655 Cr to ₹8,560 Cr. Decent growth, though not exceptional.
A ₹8,560 Cr revenue base makes Ramco Cements a mid-sized name in the Indian cement and cement products sector.
| Year | Revenue | YoY % |
|---|---|---|
| FY2025 | ₹8,560 Cr | -9.1% |
| FY2024 | ₹9,415 Cr | +15.0% |
| FY2023 | ₹8,190 Cr | +35.8% |
| FY2022 | ₹6,032 Cr | +13.3% |
| FY2021 | ₹5,321 Cr | — |
View Ramco Cements's full 10-year revenue trend with CAGR analysis →
Ramco Cements Profitability
Ramco Cements saw net profit contract 24.4% to ₹270 Cr in FY2025, down from ₹356 Cr in FY2024.
Margins came under pressure in FY2025, with net profit margin dropping to 3.1% from 3.8%.
At ₹11.53 per share (diluted), FY2025 earnings were down year-over-year from ₹15.77.
Is Ramco Cements Undervalued
Ramco Cements shares are currently trading at ₹945.25.
Craytheon calculates intrinsic value using the P/E Ratio and EPS Growth models. Both appear in the Valuation Models cards below.
Valuation Models
Ramco Cements Shareholding Pattern
The promoter group has maintained its 42.6% holding through the last 4 quarters.
FII holding stands at 7.5%, down from 8.2% in the year-ago quarter.
Domestic institutions moved their stake up to 29.5% from 28.5% over the past year.
| Quarter | Promoter | FII | DII | Public |
|---|---|---|---|---|
| Jun 2026 | 42.6% | 7.5% | 29.5% | 17.0% |
| Mar 2026 | 42.6% | 8.0% | 28.9% | 17.1% |
| Dec 2025 | 42.6% | 8.0% | 28.1% | 17.9% |
| Sep 2025 | 42.6% | 8.2% | 28.5% | 17.4% |
Track quarterly shareholding changes for Ramco Cements →
Ramco Cements Balance Sheet
Proportional view as of 3 Aug 2026. Hover blocks for details.
Assets
Liabilities & Equity
Total assets stood at ₹163.30B at the end of FY2025, up 0.3% from ₹162.73B a year earlier.
Property, Plant & Equipment is the largest block at 80.3%, followed by Inventories at 6.2% and Other Assets at 4.8%.
Equity makes up 45.6% of liabilities and equity, with debt at 28.6% and operating liabilities at 25.8%. Over the year, debt is down 5.3% and equity is up 2.8%.
Balance sheet composition — FY 2025
| Category | Value |
|---|---|
| Cash & ST Investments | 2.09B |
| Receivables | 7.30B |
| Inventories | 10.16B |
| Property, Plant & Equipment | 131.06B |
| Investments | 900.60M |
| Intangibles & Goodwill | 3.86B |
| Other Assets | 7.92B |
| Category | Value |
|---|---|
| Equity | 74.42B |
| Short-term Debt | 12.73B |
| Long-term Debt | 34.01B |
| Trade Payables | 9.39B |
| Other Liabilities | 32.73B |
Ramco Cements Stock Analysis
Here's the bottom line on Ramco Cements (RAMCOCEM) based on the latest available financials.
Revenue of ₹8,560 Cr in FY2025, down 9.1% year-over-year.
Long-term revenue has been compounding at 8.9% annually over 10 years.
The company is profitable, with a net margin of 3.1% and net income of ₹270 Cr.
Unlock Full Analysis
Craytheon's full analysis of Ramco Cements goes deeper: three valuation models, growth metrics, and 10 years of financial data.