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The Ramco Cements Ltd share price logo

The Ramco Cements Ltd

(RAMCOCEM)

₹914.951.26%

as on 04:01PM, 21 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals
F&O

The Ramco Cements Ltd Analyst Rating

based on 30 analysts

HOLD

46.67%

Buy

23.33%

Hold

30.00%

Sell

Based on 30 analysts offering long term price targets for The Ramco Cements Ltd. An average target of ₹874.4

Source: S&P Global Market Intelligence

The Ramco Cements Ltd Share analysis

The Ramco Cements Ltd price forecast by 30 analysts

Downside of-3.23%

High

₹1060

Target

₹874.40

Low

₹600

The Ramco Cements Ltd target price ₹874.4, a slight downside of -3.23% compared to current price of ₹914.95. According to 30 analysts rating.

Source: S&P Global Market Intelligence

The Ramco Cements Ltd Performance

  • Day's Low

    Day's High

    ₹897.05
    ₹921.15
  • 52 Week's Low

    52 Week's High

    ₹700
    ₹1,058.2
1 Month Return+ 8.22 %
3 Month Return+ 11.13 %
1 Year Return-7.97 %
Previous Close₹903.55
Open₹905.00
Volume10.03L
Upper Circuit-
Lower Circuit-
Market Cap₹21,350.20Cr

The Ramco Cements Ltd Key Statistics

P/E Ratio74.67
PEG Ratio-23.56
Market Cap₹21,350.20 Cr
P/B Ratio2.68
EPS16.65
Dividend Yield0.31
SectorCement
ROE5.67

The Ramco Cements Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
HOLD₹21,350.20 Cr2.84%0.71₹393 Cr₹9,376 Cr
HOLD₹32,731.75 Cr20.96%0.50₹853 Cr₹14,691 Cr
BUY₹30,539.50 Cr47.76%0.76₹789 Cr₹11,556 Cr
HOLD₹86,977.51 Cr3.76%0.54₹2,396 Cr₹20,520 Cr
BUY₹1,68,646.64 Cr44.4%0.58₹9,925 Cr₹1,30,978 Cr

About The Ramco Cements Ltd

The Ramco Cements Ltd, incorporated in 1957, is a leading cement manufacturer in India. The company operates in several lines of business including Cement, Ready Mix Concrete, Dry Mortar, and Ramco Supercrete.

The company's top products include Portland Cement, Ordinary Portland Cement, Pozzolana Portland Cement, and Portland Slag Cement. Its popular brands include Ramco Supercrete, Ramco Supercrete Plus, Ramco Supercrete Duratech, and Ramco Supercrete High Strength. The Ramco Cements Ltd has a strong presence in the southern and eastern parts of India, and is the largest producer of Portland Slag Cement in the country. It has a network of over 6,000 dealers and distributors across India, and exports to over 10 countries.

Share Price: ₹914.95 per share as on 21 Nov, 2024 04:01 PM
Market Capitalisation: ₹21,350.20Cr as of today
Revenue: ₹2,044.13Cr as on September 2024 (Q3 24)
Net Profit: ₹25.32Cr as on September 2024 (Q3 24)
Listing date: 06 Dec, 1994
Chairperson Name: M F Farooqui
OrganisationThe Ramco Cements Ltd
HeadquartersChennai
IndustryCement
E-voting on sharesClick here to vote

Key events for The Ramco Cements Ltd

  • Ramco Cements Maintains Buy Rating with Revised Target - 14 Nov, 2024

    Sharekhan maintains a BUY rating on Ramco Cements with a revised target price of Rs. 1,060, citing strong operational performance, cost competitiveness, and future capacity expansions despite a slight increase in net debt.

  • Ramco Cements Faces Earnings Decline Amid Upgrades - 13 Nov, 2024

    Ramco Cements experienced a drop in shares after reporting disappointing Q2 earnings, despite upgrades from Citi and KR Choksey raising target prices. The stock broke resistance levels, indicating potential upward momentum, but overall sentiment remains cautious due to weak financial performance.

  • Ramco Cements Reports Mixed Q2 Results Amid Market Challenges - 12 Nov, 2024

    Ramco Cements reported a significant decline in net profit for Q2, yet shares surged due to strategic investments and positive market sentiment. Brokerages remain cautious, with mixed ratings and target price adjustments reflecting ongoing pricing pressures and competition in the cement market.

  • Ramco Cements Faces Significant Profit Decline in Q2 - 11 Nov, 2024

    Ramco Cements reported a significant 75% drop in Q2 profit to Rs 25.58 crore, attributed to low demand and falling prices. Despite this, the company beat estimates. Additionally, Ramco Industries approved a Rs 160 crore investment in Ramco Cements.

  • Ramco Cements Shows Signs of Recovery - 07 Nov, 2024

    After peaking at ₹1,050 earlier this year, Ramco Cements' stock dipped below its 200-day moving average. However, it has recently started trading above this average, indicating a potential recovery.

  • Ramco Cements Sells Stake and Plans Asset Sales - 05 Nov, 2024

    Ramco Cements sold its entire 16.23% promoter stake in Ramco Industries to promoter entities. The company aims to sell ₹1,000 crore in non-core assets and has earmarked ₹1,200 crore for FY25 capex.

  • Ramco Cements Shows Bullish Momentum and Targets - 04 Nov, 2024

    Ramco Cements has broken above previous highs, indicating bullish momentum. Analysts recommend buying in the range of Rs 875-885, targeting Rs 955-965.

  • Ramco Cements Exits Stake in Ramco Industries - 29 Oct, 2024

    Ramco Cements has approved the disinvestment of 1.4 crore shares in Ramco Industries to reduce debt and subsequently sold its entire stake to promoter group companies.

Insights on The Ramco Cements Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 month, RAMCOCEM stock has moved up by 8.2%

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 18.27% to 19.44% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 15.81% to 16.85% in Sep 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 42.29% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Ambuja Cements Ltd has given 41.4% return, outperforming this stock by 50.1%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Ambuja Cements Ltd has given 30.8% return, outperforming this stock by 38.8%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 3 quarters, 2.69K Cr → 2.05K Cr (in ₹), with an average decrease of 12.1% per quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 7.38% to 6.61% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 3 quarters, 129.04 Cr → 25.7 Cr (in ₹), with an average decrease of 51.0% per quarter

The Ramco Cements Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹2,340.57Cr (-)₹2,110.88Cr (↓9.81%)₹2,678.24Cr (↑26.88%)₹2,093.55Cr (↓21.83%)₹2,044.13Cr (↓2.36%)
Net Income₹100.85Cr (-)₹84.01Cr (↓16.70%)₹130.03Cr (↑54.78%)₹34.74Cr (↓73.28%)₹25.32Cr (↓27.12%)
Net Profit Margin4.31% (-)3.98% (↓7.66%)4.86% (↑22.11%)1.66% (↓65.84%)1.24% (↓25.30%)
Value in ₹ crore
Details2021202220232024
Total Assets₹11,364.46Cr (-)₹13,070.56Cr (↑15.01%)₹14,535.87Cr (↑11.21%)₹16,195.46Cr (↑11.42%)
Total Liabilities₹5,737.66Cr (-)₹6,545.70Cr (↑14.08%)₹7,742.34Cr (↑18.28%)₹9,051.34Cr (↑16.91%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹739.96Cr (-)₹1,884.80Cr (↑154.72%)₹1,129.05Cr (↓40.10%)₹1,405.00Cr (↑24.44%)₹1,894.53Cr (↑34.84%)

Index Inclusions

Nifty Small 100

₹17,596.60

-0.46 (-80.75%)

S&P BSE 150 MidCap

₹15,286.70

-0.37 (-56.05%)

S&P BSE 250 LargeMidCap

₹10,169.78

-0.85 (-87.03%)

Nifty MidSmallcap 400

₹18,989.75

-0.45 (-86.25%)

Nifty 500

₹21,820.85

-0.83 (-183.5%)

BSE Mid-Cap

₹44,467.99

-0.37 (-162.97%)

S&P BSE Commodities

₹7,075.72

-1.55 (-111.08%)

S&P BSE 400 MidSmallCap

₹11,623.42

-0.49 (-57.13%)

Nifty Smallcap 250

₹16,747.85

-0.58 (-97.4%)

Nifty Smallcap 50

₹8,513.50

-0.26 (-22.6%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

BSE 500

₹34,361.41

-0.84 (-289.42%)

The Ramco Cements Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
42.29%
0.00
Foreign Institutions
6.61%
-10.38
Mutual Funds
19.44%
6.39
Retail Investors
16.85%
6.59
Others
14.81%
-8.89

The Ramco Cements Ltd Key Indicators

Details20202021202220232024
Return On Equity %12.8214.4314.695.165.67
Details20202021202220232024
Return On Assets %5.976.96.742.162.22
Details20202021202220232024
Book Value Per Share (₹)212.28242.97280.09290.35306.3
Details20202021202220232024
Earning Per Share (₹)25.6532.3737.7814.4716.65

The Ramco Cements Ltd Valuation

The Ramco Cements Ltd in the last 5 years

  • Overview

  • Trends

Lowest (15.00x)

June 17, 2022

Industry (48.15x)

November 19, 2024

Today (74.67x)

November 19, 2024

Highest (76.80x)

July 5, 2023

LowHigh

The Ramco Cements Ltd Earnings and Dividends

  • The Ramco Cements Ltd Earnings Results

    The Ramco Cements Ltd’s net profit fell -64.32% since last year same period to ₹25.70Cr in the Q2 2024-2025. On a quarterly growth basis, The Ramco Cements Ltd has generated -30.84% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • The Ramco Cements Ltd Dividends May,2024

    In the quarter ending March 2024, The Ramco Cements Ltd has declared dividend of ₹2.50 - translating a dividend yield of 0.27%.

    Read More about Dividends

The Ramco Cements Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

The Ramco Cements Ltd is currently in a Bullish trading position according to technical analysis indicators.

FAQs on The Ramco Cements Ltd

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The Ramco Cements Ltd (RAMCOCEM) share price today is ₹914.95

The Ramco Cements Ltd is listed on NSE

The Ramco Cements Ltd is listed on BSE

  • Today’s highest price of The Ramco Cements Ltd is ₹921.15.
  • Today’s lowest price of The Ramco Cements Ltd is ₹897.05.

PE Ratio of The Ramco Cements Ltd is 74.67

PE ratio = The Ramco Cements Ltd Market price per share / The Ramco Cements Ltd Earnings per share

Today’s traded volume of The Ramco Cements Ltd(RAMCOCEM) is 10.03L.

Today’s market capitalisation of The Ramco Cements Ltd(RAMCOCEM) is ₹21350.2Cr.

The Ramco Cements Ltd(RAMCOCEMPrice
52 Week High
₹1058.2
52 Week Low
₹700

The Ramco Cements Ltd(RAMCOCEM) share price is ₹914.95. It is down -13.54% from its 52 Week High price of ₹1058.2

The Ramco Cements Ltd(RAMCOCEM) share price is ₹914.95. It is up 30.71% from its 52 Week Low price of ₹700

The Ramco Cements Ltd(RAMCOCEMReturns
1 Day Returns
11.4%
1 Month Returns
8.22%
3 Month Returns
11.13%
1 Year Returns
-7.97%