RAMCOIND
Ramco Industries share price & financials
- Price
- ₹353.45
- Market cap
- ₹2.8k Cr
- Sector
- Construction Materials
What Ramco Industries Limited does
Ramco Industries manufactures fibre cement sheets and boards used mainly for roofing and construction, sold under the Hilux, Hicem, Hiden and Greencor brand names from ten factories spread across Tamil Nadu, Bihar, West Bengal, Rajasthan, Madhya Pradesh, Gujarat, Dadra & Nagar Haveli and Andhra Pradesh. It also spins cotton yarn through its Sri Ramco Spinners unit at Rajapalayam and operates 15 captive wind mills (16.73 MW) that supply renewable power to its plants. Fibre cement products are sold through a dealer network that reaches down to the taluk level across India, and the company has overseas roofing-manufacturing operations in Sri Lanka through two subsidiaries. It is part of the Chennai-based Ramco Group, whose associate companies include The Ramco Cements and Rajapalayam Mills.
Segments
- Building Products Division
- Wind Mills
- Cotton Yarn Division
- Building Products manufacturing plants
- 10
- Plant locations
- Arakkonam, Bihiya, Gangaikondan, Karur, Kharagpur, Kotputli, Maksi, Sinugra, Silvassa, Vijayawada
- Cotton yarn manufacturing unit
- Sri Ramco Spinners, Rajapalayam, Tamil Nadu
- Captive wind power
- 15 wind mills, 16.73 MW installed capacity
- Overseas manufacturing subsidiaries
- Sri Ramco Lanka (Private) Limited and Sri Ramco Roofings Lanka (Private) Limited, Sri Lanka
- Group associate companies
- 5, including The Ramco Cements, Rajapalayam Mills, Ramco Systems, Ramco Industrial and Technology Services, Madurai Trans Carrier
Quarterly results
Q1 FY27: revenue up 15.4%, net profit up 31.8% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 353 | 344 | 423 | 532 | 365 +3% | 392 +14% | 502 +19% | 614 +15% |
| EBITDA | 41 | 37 | 44 | 68 | 52 +27% | 47 +27% | 65 +48% | 105 +54% |
| Net profit | 17 | 89 | 36 | 66 | 41 +141% | 112 +26% | 88 +144% | 87 +32% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −7.1% 1Y
1Y: ₹347.05 on 10 Sept 2025 → ₹322.25. High ₹391.3 (19 Sept 2025), low ₹233.8 (30 Mar 2026).
Financials, as filed
Revenue grew 7.2% a year over 3 years, FY23 to FY26. Operating margin widened to 13.0%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹1.5k Cr | ₹1.5k Cr | ₹1.7k Cr | ₹1.8k Cr |
| Operating profit | ₹149 Cr | ₹157 Cr | ₹179 Cr | ₹232 Cr |
| Operating margin | 10.2% | 10.5% | 10.8% | 13.0% |
| Interest | ₹21 Cr | ₹25 Cr | ₹16 Cr | ₹18 Cr |
| Depreciation | ₹33 Cr | ₹37 Cr | ₹36 Cr | ₹36 Cr |
| Net profit | ₹123 Cr | ₹106 Cr | ₹181 Cr | ₹307 Cr |
| Net margin | 8.5% | 7.1% | 10.9% | 17.1% |
| Cash from operations | ₹-43 Cr | ₹135 Cr | ₹133 Cr | ₹201 Cr |
| Free cash flow | ₹-109 Cr | ₹102 Cr | ₹104 Cr | ₹150 Cr |
| ROCE | 3.0% | 3.0% | 4.0% | 5.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹9 Cr | ₹9 Cr | ₹9 Cr | ₹9 Cr | ₹9 Cr | ₹9 Cr |
| Reserves | ₹3.5k Cr | ₹3.8k Cr | ₹3.9k Cr | ₹4.1k Cr | ₹4.3k Cr | ₹4.5k Cr |
| Borrowings | ₹152 Cr | ₹224 Cr | ₹308 Cr | ₹242 Cr | ₹174 Cr | ₹171 Cr |
| Other liabilities | ₹332 Cr | ₹312 Cr | ₹273 Cr | ₹273 Cr | ₹282 Cr | ₹284 Cr |
| Total liabilities | ₹4.0k Cr | ₹4.3k Cr | ₹4.5k Cr | ₹4.6k Cr | ₹4.8k Cr | ₹5.0k Cr |
| Fixed assets | ₹472 Cr | ₹523 Cr | ₹563 Cr | ₹565 Cr | ₹549 Cr | ₹557 Cr |
| Capital work in progress | ₹36 Cr | ₹19 Cr | ₹12 Cr | ₹6 Cr | ₹13 Cr | ₹17 Cr |
| Investments | ₹2.8k Cr | ₹3.1k Cr | ₹3.1k Cr | ₹3.2k Cr | ₹3.4k Cr | ₹3.5k Cr |
| Other assets | ₹643 Cr | ₹699 Cr | ₹832 Cr | ₹832 Cr | ₹856 Cr | ₹918 Cr |
| Total assets | ₹4.0k Cr | ₹4.3k Cr | ₹4.5k Cr | ₹4.6k Cr | ₹4.8k Cr | ₹5.0k Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public added +0.61 pp while DIIs trimmed −0.50 pp. The shareholder count grew 4% to 31,622.
- Promoters
- 54.8%
- FIIs
- 1.0%
- DIIs
- 3.4%
- Public
- 40.8%
Since Jun 2025
- Public +0.61 pp
- DIIs −0.50 pp
- FIIs −0.12 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 53.9%, FIIs 0.7%, DIIs 4.2%, Public 41.2%.Dec '23: Promoters 53.9%, FIIs 0.9%, DIIs 4.2%, Public 41.0%.Mar '24: Promoters 54.8%, FIIs 0.8%, DIIs 4.2%, Public 40.2%.Jun '24: Promoters 54.8%, FIIs 1.0%, DIIs 4.2%, Public 40.0%.Sep '24: Promoters 54.8%, FIIs 1.0%, DIIs 4.2%, Public 40.0%.Dec '24: Promoters 54.8%, FIIs 1.4%, DIIs 4.2%, Public 39.6%.Mar '25: Promoters 54.8%, FIIs 0.8%, DIIs 4.2%, Public 40.2%.Jun '25: Promoters 54.8%, FIIs 1.1%, DIIs 3.9%, Public 40.2%.Sep '25: Promoters 54.8%, FIIs 1.3%, DIIs 3.5%, Public 40.4%.Dec '25: Promoters 54.8%, FIIs 0.8%, DIIs 3.3%, Public 41.2%.Mar '26: Promoters 54.8%, FIIs 0.8%, DIIs 3.4%, Public 41.1%.Jun '26: Promoters 54.8%, FIIs 1.0%, DIIs 3.4%, Public 40.8%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Saradha Deepa +0.05 pp 4.11% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Ramco Industries Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Pusapadi Ramasubramania Raja Venketrama Raja | 16.71% | unchanged |
| Ramco Management Private Limited | 14.51% | unchanged |
| Rajapalayam Mills Limited | 14.16% | unchanged |
| Govindlal M Parikh | 7.62% | unchanged |
| Saradha Deepa | 4.11% | +0.05 pp |
| Tata Mutual Fund- Tata Small Cap Fund Mutual fund | 2.63% | unchanged |
| Nalina Ramalakshmi | 2.37% | unchanged |
| Krishnasamy Kumaran | 1.16% | unchanged |
| Sethulakshmi Jayaraman | 1.08% | unchanged |
| Alagaraja Ramalakshmi | 0.49% | unchanged |
| P.V. Nirmala | 0.46% | unchanged |
| S.R.Srirama Raja | 0.28% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Ramco Industries Limited
Guides on how to read this kind of business and the numbers that matter.