Ramco Industries share price & results
- Jun 2026
- Sept 2026
Makes Hilux fibre-cement roofing sheets/boards from 10 Indian plants; also spins cotton yarn and runs captive wind power.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 531 | +14.4% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 15.0 | +4.0 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 60.0 | +81.8% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
| Return on equity | 7.20 | +2.4 pts | Trailing twelve months | TTM to Jun 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | 9.07 | +2.9 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | 13.38 | −4.5 pts | Trailing twelve months | TTM to Jun 2026 | Revenue change against the same period one year earlier. |
Price
Performance −16.0% 1Y
1Y: ₹339.75 on 24 Oct 2025 → ₹285.55. High ₹377.2 (10 Aug 2026), low ₹233.8 (30 Mar 2026).
- Previous close
- ₹277.25
- Market cap
- ₹2.4k Cr
- 52-week range
- ₹233.8 – ₹377.2
- One year
- −15.68%
- Price to earnings (TTM to Jun 2026)
- 7.64×
- Return on equity (TTM to Jun 2026)
- 7.20%
Overview
- Symbol
- NSE:RAMCOIND
- Sector
- Construction Materials
- Industry
- Commodities
- Exchange
- NSE
- Currency
- INR
What Ramco Industries Limited does
Based on the company's own presentations, annual report and earnings calls.
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
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
What the filings say
Net profit, year on year: +82% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 281 | 272 | 345 | 464 | 273 | 308 | 397 | 531 |
| Expenses | 258 | 253 | 320 | 412 | 247 | 284 | 360 | 452 |
| Operating profit | 23 | 19 | 25 | 51 | 26 | 25 | 37 | 80 |
| Operating margin | 8.0% | 7.0% | 7.0% | 11.0% | 10.0% | 8.0% | 9.0% | 15.0% |
| Other income | 36 | 13 | 4 | 1 | 34 | 12 | 11 | 11 |
| Interest | 3 | 4 | 5 | 5 | 4 | 5 | 4 | 3 |
| Depreciation | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 |
| Profit before tax | 47 | 19 | 15 | 39 | 48 | 24 | 35 | 79 |
| Tax rate | 26.0% | 32.0% | 8.0% | 17.0% | 25.0% | 30.0% | 25.0% | 24.0% |
| Net profit | 34 | 13 | 13 | 33 | 36 | 17 | 26 | 60 |
| EPS (₹ per share) | 3.97 | 1.49 | 1.55 | 3.75 | 4.14 | 1.91 | 3.01 | 6.91 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 1,455 | 1,298 | 1,391 | 1,442 |
| Expenses | 1,305 | 1,194 | 1,278 | 1,303 |
| Operating profit | 149 | 104 | 113 | 139 |
| Other income | 28 | 35 | 54 | 58 |
| Interest | 21 | 24 | 16 | 18 |
| Depreciation | 33 | 35 | 32 | 35 |
| Profit before tax | 121 | 79 | 116 | 146 |
| Net profit | 123 | 59 | 88 | 112 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 9 | 9 | 9 | 9 | 9 | 9 |
| Reserves | 998 | 1,096 | 1,168 | 1,246 | 4,342 | 1,336 |
| Borrowings | 224 | 308 | 244 | 258 | 174 | 171 |
| Other liabilities | 293 | 243 | 221 | 248 | 282 | 238 |
| Total liabilities | 1,524 | 1,656 | 1,641 | 1,760 | 4,806 | 1,754 |
| Fixed assets | 498 | 537 | 538 | 532 | 549 | 530 |
| Capital work in progress | 17 | 11 | 5 | 4 | 13 | 14 |
| Investments | 397 | 400 | 441 | 538 | 3,388 | 525 |
| Other assets | 612 | 708 | 657 | 686 | 856 | 686 |
| Total assets | 1,524 | 1,656 | 1,641 | 1,760 | 4,806 | 1,754 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | 119 | 21 | -37 | 87 | 48 | 94 |
| Cash from investing | -25 | -85 | -16 | 16 | -48 | 37 |
| Cash from financing | -103 | 63 | 56 | -99 | -8 | -113 |
| Net cash flow | -9 | -1 | 2 | 3 | -8 | 18 |
| Free cash flow | 66 | -43 | -99 | 57 | 21 | 50 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 32 | 34 | 17 | 19 | 26 | 22 |
| Inventory days | 244 | 230 | 280 | 269 | 244 | 249 |
| Days payable | 49 | 30 | 11 | 13 | 18 | 12 |
| Cash conversion cycle | 228 | 234 | 285 | 275 | 253 | 260 |
| Working capital days | 47 | 45 | 59 | 66 | 75 | 84 |
| Return on capital employed | 16.0% | 15.0% | 9.0% | 7.0% | 9.0% | 10.0% |
| Dividend payout | 8.0% | 8.0% | 9.0% | 11.0% | 0.0% | 0.0% |
Where revenue comes from
The businesses behind the company’s reported revenue.
BUILDING PRODUCTS contributes 88.7% of reported segment revenue.
Quarter ended 30 Jun 2026 · Consolidated
- BUILDING PRODUCTS 88.7%
₹556.29 crore
- TEXTILES 9.0%
₹56.67 crore
- UNALLOCATED 1.4%
₹8.84 crore
- WINDMILLS 0.9%
₹5.43 crore
| Business segment | Revenue · ₹ crore | Share |
|---|---|---|
| BUILDING PRODUCTS | 556.29 | 88.7% |
| TEXTILES | 56.67 | 9.0% |
| UNALLOCATED | 8.84 | 1.4% |
| WINDMILLS | 5.43 | 0.9% |
Share = segment revenue ÷ total segment revenue, before intersegment adjustments.
How these numbers add up
- Total segment revenue
- ₹627.23 crore
- Intersegment adjustment
- ₹13.42 crore
- Net segment revenue
- ₹613.81 crore
Intersegment transactions are between the company’s own businesses. Net segment revenue can differ from income-statement revenue because reporting definitions differ.
Source: FinEdge · Last checked 19 Sept 2026. Reported segment names are kept as supplied.
How the mix has moved
BUILDING PRODUCTS grew from 77% to 89% of revenue over the last two years.
| Segment | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| BUILDING PRODUCTS | 77% | 85% | 83% | 89% | 82% | 84% | 88% | 89% | +15.6% |
| TEXTILES | 19% | 12% | 14% | 8% | 12% | 13% | 10% | 9% | +28.9% |
| UNALLOCATED | 2% | 2% | 2% | 1% | 3% | 2% | 2% | 1% | +17.1% |
| WINDMILLS | 2% | 1% | 1% | 1% | 2% | 1% | <1% | 1% | -8.1% |
Share of reported segment revenue by quarter, consolidated basis, as filed. A quarter the company did not report is left blank, never carried forward.
See how segments are shifting across companies → Segment Shift
Ownership
Who owns it
Promoters hold 54.84% as of Sept 2026; institutions cut 0.32 pts since Jun 2026.
- Promoters 54.84%
- Foreign institutions 0.69%
- Domestic institutions 3.34%
- Government 0.00%
- Public 41.14%
Who bought this quarter
since Jun 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- newly disclosed 1.04% held
- +0.17 pp 7.79% 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 Sep 2026 filing
Every holder of Ramco Industries Limited above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 16.71% | unchanged | |
| 14.51% | unchanged | |
| 14.16% | unchanged | |
| 7.79% | +0.17 pp | |
| 4.11% | unchanged | |
| Mutual fund | 2.63% | unchanged |
| 2.37% | unchanged | |
| 1.16% | unchanged | |
| 1.08% | unchanged | |
| 1.04% | newly disclosed | |
| 0.49% | unchanged | |
| 0.46% | 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.
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