Ramco Industries Ltd (RAMCOIND)
₹249.83▲3.45%
Performance
Day's Low
Day's High
₹241.55₹251.3552 Week's Low
52 Week's High
₹169.7₹274.5
| Returns % | |
| 1 Month Return | -6.83 % |
| 3 Month Return | + 4.12 % |
| 1 Year Return | + 39.11 % |
| Market Stats | |
| Previous Close | ₹241.50 |
| Open | ₹241.55 |
| Volume | 95.31K |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹2,096.44Cr |
Key Statistics
| P/E Ratio | 19.11 |
| PEG Ratio | -9.41 |
| Market Cap | ₹2,096.44 Cr |
| P/B Ratio | 0.97 |
| EPS | 12.23 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| NA | ₹2,096.44 Cr | 8.15% | 0.61 | ₹106 Cr | ₹1,457 Cr |
 | NA | ₹1,826.35 Cr | 49.64% | 0.58 | ₹18 Cr | ₹1,575 Cr |
 | BUY | ₹2,266.64 Cr | 25.84% | 0.61 | ₹34 Cr | ₹3,374 Cr |
 | NA | ₹1,901.65 Cr | 929.26% | 0.73 | ₹30 Cr | ₹200 Cr |
 | NA | ₹294.60 Cr | 23.72% | 0.79 | NA | NA |
Mutual Fund Holdings
| Funds | Holdings | Prev. 6M |
|---|---|---|
 Tata Small Cap Fund Direct Growth | 0.72% |
Company Information
The company's cement division is the largest in South India and produces a wide range of cement products including Ramco Supergrade, Ramco Grade, and Ramco Ordinary Portland Cement. The company's textiles division produces a variety of fabrics and yarns including cotton, polyester, and viscose. The software division is a leader in enterprise software solutions and provides innovative products such as Ramco ERP, Ramco HCM, and Ramco Logistics. The engineering division manufactures and distributes a variety of products including industrial valves, pumps, and fans.
Ramco Industries Ltd is also the parent company of several popular brands including Ramco Cements, Ramco Systems, Ramco Logistics, and Ramco Textiles.
Share Price: ₹249.83 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹2,096.44Cr as of today
Revenue: ₹363.08Cr as on March 2024 (Q1 24)
Net Profit: ₹19.68Cr as on March 2024 (Q1 24)
Listing date: 06 Nov, 1996
Chairperson Name: P R Venketrama Raja
| Organisation | Ramco Industries Ltd |
| Headquarters | Chennai |
| Industry | Cement - Products |
| E-voting on shares | Click here to vote |
Key events for Ramco Industries Ltd
Ramco Industries to Reduce Dividend Payment - 19 Jun, 2024
Ramco Industries Limited is reducing its dividend payment from last year's amount to ₹0.75, which is lower than the industry average. The company has been retaining most of its earnings for business growth and EPS is expected to fall by 10% over the next 12 months. While the dividend is well-covered by cash flows, the lack of stability and growth potential makes it an unattractive stock for income-focused investors.
Ramco Industries Q4 Net Sales Up 4.26% YoY - 13 Jun, 2024
Ramco Industries reported a 4.26% YoY increase in net sales for the March 2024 quarter, with quarterly net profit at Rs. 43.81 crore down by 25.02% from the previous year. The company's EPS has also decreased to Rs. 5.25 in March 2024 from Rs. 6.99 in March 2023. Ramco Industries shares closed at 250.78 on June 12, 2024 (NSE) and have given returns of 15.57% over the last 6 months and 48.74% over the last 12 months.
Ramco Industries Q4 Net Profit Down 85.58% - 11 Jun, 2024
Ramco Industries reported a net profit of Rs. 4.79 crore in Q4 March 2024, down by 85.58% YoY. The company's EPS has also decreased to Rs. 0.55 from Rs. 3.83 in the same period last year.
Ramco Industries to Reduce Dividend Payment - 03 Jun, 2024
Ramco Industries will reduce its dividend payment to ₹0.75, a decrease from last year's comparable dividend. The annual payment is 0.3% of the current stock price and lower than what the rest of the industry is paying. While the payments were previously sustainable, EPS could fall by 10.0% over the next year if the company cannot turn things around.
Ramco Industries Ltd's P/E Ratio Lower Than Market Average - 24 May, 2024
Ramco Industries Ltd's P/E ratio of 17.7x is lower than the market average in India, but it remains to be seen if there is a rational basis for this reduction. The company has achieved respectable earnings growth over the last year, which could indicate optimism for future share price direction.
Insights on Ramco Industries Ltd
POSITIVE IMPACTPromoter Holding Up
Promoters have increased holdings from 53.88% to 54.81% in Mar 2024 quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 3 quarters, 318.94 Cr → 368.83 Cr (in ₹), with an average increase of 7.0% per quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 3 quarters, -4.15 Cr → 43.81 Cr (in ₹), with an average increase of 77.8% per quarter
NO EFFECTAgainst Peers
In the last 3 years, Grasim Industries Ltd has given 82.1% return, outperforming this stock by 115.1%
- NO EFFECT
Against Peers
In the last 1 year, Ambuja Cements Ltd has given 63.5% return, outperforming this stock by 24.4%
NEGATIVE IMPACTPrice Dip
In the last 3 years, RAMCOIND stock has moved down by -33.0%
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 0.90% to 0.85% in Mar 2024 quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 41.04% to 40.17% in Mar 2024 quarter
Company Financials
| Q'1 24 | Q/Q Change | |
|---|---|---|
Revenue | ₹363.08Cr | ↑8.79% |
Net Income | ₹19.68Cr | ↑52.32% |
Net Profit Margin | 5.42% | ↑40.05% |
| 2023 | Y/Y Change | |
|---|---|---|
Revenue | ₹1,457.52Cr | ↓0.16% |
Net Income | ₹106.14Cr | ↓16.10% |
Net Profit Margin | 7.28% | ↓16.03% |
| 2023 | Y/Y Change | |
|---|---|---|
Total Assets | ₹1,660.80Cr | ↑9.22% |
Total Liabilities | ₹555.93Cr | ↑8.26% |
| 2023 | Y/Y Change | |
|---|---|---|
Operating Cash Flow | -₹37.01Cr | ↓274.08% |
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 54.81% | 0.00 | |
| Foreign Institutions | 0.85% | 0.00 | |
| Mutual Funds | 2.63% | 0.00 | |
| Retail Investors | 40.17% | 0.00 | |
| Others | 1.55% | 0.00 |
Key Indicators
Ramco Industries Ltd Valuation
Ramco Industries Ltd in the last 5 years
Lowest (4.61x)
June 20, 2022
Today (19.11x)
July 23, 2024
Industry (36.85x)
July 23, 2024
Highest (45.67x)
January 22, 2018
Earnings and Dividends
Ramco Industries Ltd Earnings Results
Ramco Industries Ltd’s net profit fell -25.02% since last year same period to ₹43.81Cr in the Q4 2023-2024. On a quarterly growth basis, Ramco Industries Ltd has generated 66.07% jump in its net profits since last 3-months.
Read More about Earnings ResultsRamco Industries Ltd Dividends May,2024
In the quarter ending March 2024, Ramco Industries Ltd has declared dividend of ₹0.75 - translating a dividend yield of 0.30%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
Ramco Industries Ltd is currently in a Bullish trading position according to technical analysis indicators.
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Ramco Industries Ltd (RAMCOIND) share price today is ₹249.83
Ramco Industries Ltd is listed on NSE
Ramco Industries Ltd is listed on BSE
- Today’s highest price of Ramco Industries Ltd is ₹251.35.
- Today’s lowest price of Ramco Industries Ltd is ₹241.55.
PE Ratio of Ramco Industries Ltd is 19.11
PE ratio = Ramco Industries Ltd Market price per share / Ramco Industries Ltd Earnings per share
Today’s traded volume of Ramco Industries Ltd(RAMCOIND) is 95.31K.
Today’s market capitalisation of Ramco Industries Ltd(RAMCOIND) is ₹2096.44Cr.
| Ramco Industries Ltd(RAMCOIND | Price |
|---|---|
52 Week High | ₹274.5 |
52 Week Low | ₹169.7 |
Ramco Industries Ltd(RAMCOIND) share price is ₹249.83. It is down -8.99% from its 52 Week High price of ₹274.5
Ramco Industries Ltd(RAMCOIND) share price is ₹249.83. It is up 47.22% from its 52 Week Low price of ₹169.7
| Ramco Industries Ltd(RAMCOIND | Returns |
|---|---|
1 Day Returns | 8.33% |
1 Month Returns | -6.83% |
3 Month Returns | 4.12% |
1 Year Returns | 39.11% |