Ramco Industries Limited

NSE: RAMCOIND · Unclassified

₹314.50-0.21%06 Nov 2026

Ask the data

Instant answers about Ramco Industries Limited — computed from its filings, no language model

Market cap₹2,724 cr

Current price₹314.50

High / Low₹377 / ₹234

P/E10.9

P/B0.59

Book value₹535.9

ROE5.4%

ROCE6.2%

Debt / equity0.00

Dividend yield0.32%

EPS (TTM)₹28.79

Face value₹1

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 7 periods

	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	974	1,209	1,457	1,458	1,501	1,659	1,792
EBITDA	103	193	222	152	156	179	232
Operating margin	10.6%	15.9%	15.3%	10.4%	10.4%	10.8%	12.9%
Interest	15	10	9	21	25	17	18
Depreciation	31	33	33	34	37	36	37
Profit before tax	103	175	193	122	109	142	200
Tax	34	59	66	16	36	48	65
Net profit	170	279	303	123	106	0	0
EPS ₹	20.29	33.38	36.27	14.65	12.67	20.89	35.36
Operating cash flow	—	—	88	-43	135	132	201
Capex	—	—	68	63	34	29	51
Dividend paid	—	—	0	9	9	7	9
Total assets	—	—	—	4,465	4,575	4,783	4,977
Equity	—	—	—	3,884	4,061	4,233	4,522

Quarterly performance

last 30 quarters · ₹ crore

showing latest 8 of 30 periods

	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Revenue	323	221	199	232	305	261	304	340	419	310	337	390	497	304	303	350	487	316	334	365	543	353	344	419	527	365	389	502	614	437
Operating profit	44	23	19	17	62	43	48	40	81	54	51	35	74	30	10	34	54	29	34	40	57	41	37	44	68	52	47	65	105	77
Operating margin	13.8%	10.3%	9.4%	7.4%	20.2%	16.5%	15.9%	11.7%	19.3%	17.6%	15.2%	8.9%	15.0%	10.0%	3.2%	9.6%	11.0%	9.3%	10.0%	10.9%	10.5%	11.7%	10.8%	10.5%	12.9%	14.3%	12.1%	12.9%	17.1%	17.6%
Other income	2	19	3	16	2	3	2	18	1	4	4	3	5	25	7	5	4	3	3	4	3	3	4	6	3	4	3	5	4	4
Interest	4	3	4	4	3	2	2	2	2	2	2	3	3	4	7	7	6	6	7	6	4	3	4	5	5	4	5	4	3	2
Depreciation	8	8	8	8	8	8	8	8	8	9	9	7	8	8	8	9	9	9	9	10	9	9	9	9	9	9	9	9	10	10
Profit before tax	35	35	12	22	52	36	40	47	72	48	44	28	68	42	2	25	43	18	20	28	47	33	27	35	57	43	36	64	106	70
Tax	16	7	8	3	17	14	16	12	30	15	14	8	20	11	2	-18	10	10	7	8	11	19	12	7	12	23	15	16	27	29
Net profit	61	51	0	33	62	79	72	66	76	144	37	46	61	3	1	58	40	-4	26	44	39	17	89	0	66	41	112	0	87	51
EPS ₹	7.31	6.06	3.00	3.93	7.40	9.44	8.58	7.95	9.05	17.19	4.48	5.55	7.27	0.31	0.10	6.99	4.73	-0.50	3.16	5.25	4.72	2.02	10.27	4.12	7.58	4.73	12.94	10.12	10.00	5.85
Revenue YoY	—	—	—	—	-5.6%	18.5%	52.5%	46.6%	37.5%	18.6%	11.0%	14.8%	18.6%	-2.1%	-10.0%	-10.2%	-2.0%	4.0%	10.0%	4.3%	11.5%	11.8%	3.0%	14.7%	-3.0%	3.5%	13.1%	19.9%	16.5%	19.6%
Profit YoY	—	—	—	—	1.3%	55.8%	—	102.2%	22.3%	82.1%	-47.8%	-30.3%	-19.8%	-98.2%	-97.8%	26.1%	-34.8%	-260.9%	3040.5%	-25.0%	-0.4%	—	237.0%	-100.0%	66.5%	142.5%	26.1%	—	31.9%	23.8%

Earlier results (standalone, Sep '07 – Mar '19)

₹ crore · from BSE, before the NSE XBRL filings begin

Ramco Industries Limited reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†	FY18†	FY19†
Revenue	693	803	686	753	723	760	825	896
Operating profit	106	113	56	58	42	73	92	102
Operating margin	15.3%	14.1%	8.2%	7.7%	5.8%	9.6%	11.2%	11.4%
Other income	23	—	—	—	—	55	39	36
Interest	24	29	34	37	38	34	22	15
Depreciation	33	33	43	19	20	21	23	25
Profit before tax	73	65	-15	20	28	73	99	98
Tax	12	10	-9	-1	-6	13	27	25
Net profit	61	54	-6	21	34	60	72	73

Quarters

showing latest 8 of 43 periods

	SEP '07†	DEC '07†	JUN '08†	SEP '08†	DEC '08†	JUN '09†	SEP '09†	DEC '09†	JUN '10†	SEP '10†	DEC '10†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†	MAR '18†	JUN '18†	SEP '18†	DEC '18†	MAR '19†
Revenue	62	77	124	94	82	156	101	106	154	105	127	189	144	165	195	272	165	179	187	223	140	141	183	247	159	158	190	239	133	153	198	234	164	160	201	266	161	181	217	304	187	181	224
Operating profit	7	6	30	20	18	36	23	20	40	23	24	31	20	20	35	42	26	22	22	30	10	6	10	23	11	8	16	23	6	2	11	35	19	7	12	27	22	19	24	44	17	17	23
Operating margin	11.0%	8.3%	24.2%	21.5%	22.1%	23.2%	22.5%	19.1%	25.8%	22.3%	19.0%	16.4%	13.9%	12.3%	17.8%	15.6%	15.8%	12.4%	12.0%	13.4%	7.4%	4.3%	5.4%	9.4%	6.6%	4.9%	8.6%	9.4%	4.8%	1.6%	5.4%	15.1%	11.4%	4.4%	5.9%	10.0%	13.7%	10.6%	11.1%	14.6%	9.3%	9.6%	10.1%
Other income	14	10	5	7	0	—	7	7	1	3	0	3	7	3	10	—	3	5	5	—	5	0	0	—	7	—	1	—	8	2	21	13	11	14	17	6	18	8	6	1	25	8	2
Interest	5	5	5	6	6	7	5	5	5	5	5	5	6	6	8	7	7	8	7	7	8	9	10	8	8	10	10	9	9	10	10	9	9	9	7	7	5	4	5	4	4	4	4
Depreciation	7	7	9	7	8	8	7	7	7	8	7	8	8	9	8	8	8	8	8	8	10	13	13	5	5	4	5	5	5	5	5	5	5	6	5	6	6	5	6	6	6	6	6
Profit before tax	10	5	22	14	4	22	18	16	29	14	11	23	13	9	29	29	13	11	12	15	-2	-16	-12	9	14	-6	2	9	1	1	18	34	16	7	17	21	29	17	32	35	33	15	14
Tax	2	1	7	3	1	6	5	2	9	3	3	5	1	2	4	7	2	2	-1	4	-0	-4	-8	2	-1	-1	-1	1	-1	-2	-5	3	5	2	3	5	7	6	10	14	7	5	-1
Net profit	8	4	15	11	3	16	14	13	21	10	8	18	11	7	25	22	10	9	13	11	-1	-12	-4	8	15	-5	3	7	1	2	23	30	11	5	14	16	22	12	23	22	26	11	15
EPS ₹	19.00	8.00	34.00	25.00	7.00	36.00	1.59	1.55	2.39	1.19	0.98	2.08	1.30	0.82	2.88	2.55	1.21	1.07	1.45	1.24	-0.12	-1.33	-0.48	0.90	1.75	-0.55	0.32	0.82	0.12	0.29	2.66	3.49	1.25	0.00	1.63	1.82	2.54	1.35	2.60	2.49	3.03	1.24	1.68
Revenue YoY	—	—	—	51.9%	6.7%	25.3%	7.3%	29.2%	-1.3%	3.6%	19.7%	22.8%	36.9%	29.8%	—	43.8%	15.1%	8.1%	-4.3%	-18.1%	-15.6%	-21.1%	-2.2%	10.8%	13.5%	12.0%	4.0%	-3.0%	-16.4%	-3.2%	4.4%	-2.3%	24.1%	4.7%	1.6%	13.6%	-2.1%	13.2%	7.9%	14.5%	16.3%	-0.0%	2.8%
Profit YoY	—	—	—	29.6%	-18.7%	4.7%	26.0%	348.8%	32.8%	-24.9%	-36.7%	-13.0%	9.0%	-16.5%	—	22.8%	-6.9%	31.0%	-49.5%	-51.3%	-109.7%	-224.3%	-133.2%	-27.8%	—	—	—	-8.9%	-92.9%	—	729.1%	326.7%	914.0%	86.7%	-38.6%	-48.0%	103.2%	152.9%	59.4%	37.3%	19.3%	-8.1%	-35.6%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 27 periods

	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
ROE	—	—	—	—	—	—	—	—	—	—	3.9%	2.9%	3.2%	2.6%	2.4%	3.0%	2.6%	2.6%	3.1%	4.6%	3.4%	4.0%	4.5%	5.0%	4.8%	5.3%	5.4%
ROCE	—	—	—	—	—	—	—	—	—	—	4.8%	3.9%	3.8%	3.3%	2.7%	3.1%	3.1%	3.1%	3.5%	3.6%	3.5%	3.8%	4.0%	4.2%	4.6%	5.6%	6.2%
Net margin	14.8%	15.2%	17.4%	22.3%	23.1%	22.1%	26.0%	23.0%	20.8%	18.8%	9.6%	7.4%	8.4%	7.0%	6.5%	8.1%	7.0%	6.8%	7.9%	11.8%	8.8%	10.4%	11.8%	12.9%	12.3%	12.8%	12.8%
EBITDA margin	10.6%	12.6%	14.1%	15.5%	15.9%	16.0%	16.3%	16.1%	15.2%	14.0%	12.5%	10.0%	10.2%	8.8%	8.7%	10.1%	10.4%	10.2%	10.8%	10.9%	10.8%	11.6%	12.2%	12.4%	13.0%	14.4%	15.1%
Debt / equity	—	—	—	—	—	—	—	—	—	—	0.07	0.07	0.08	0.08	0.07	0.07	0.06	0.06	0.03	0.03	0.06	0.06	0.04	0.04	0.04	0.04	0.00
Interest coverage	8.04	9.66	10.54	14.42	19.31	24.48	26.45	27.12	23.29	21.36	16.73	9.67	7.57	5.60	4.39	5.06	5.34	5.98	7.36	8.57	9.35	9.65	9.82	10.27	12.40	16.82	21.57
Asset turnover	—	—	—	—	—	—	—	—	—	—	0.35	0.34	0.33	0.32	0.32	0.33	0.33	0.34	0.35	0.35	0.35	0.34	0.34	0.35	0.36	0.38	0.39

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 9 periods

	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26	SEP '26
Share capital	9	9	9	9	9	9	9	9	9
Other equity / reserves	3,800	3,875	3,979	4,052	4,102	4,224	4,342	4,513	4,632
Total equity	3,808	3,884	3,987	4,061	4,110	4,233	4,351	4,522	4,641
Borrowings	272	308	279	242	130	256	174	169	6
Current liabilities	522	491	465	443	392	413	317	350	263
Non-current liabilities	97	90	90	72	70	137	139	105	65
Total assets	4,427	4,465	4,542	4,575	4,572	4,783	4,806	4,977	4,969
Property, plant & equipment	524	560	558	563	552	557	547	555	554
Capital work-in-progress	39	12	14	6	17	5	13	17	44
Investments	3,039	3,058	3,139	3,172	3,163	3,340	3,388	3,485	3,513
Inventories	492	601	609	610	498	606	589	631	550
Receivables	89	60	63	70	142	100	93	88	98
Cash & equivalents	42	39	41	45	45	52	62	115	83

Cash flow

annual · ₹ crore · line = free cash flow

	FY22	FY23	FY24	FY25	FY26
Cash from operations	88	-43	135	132	201
Cash from investing	-138	-27	-21	-107	-37
Cash from financing	63	54	-100	-11	-114
Capex	68	63	34	29	51
Free cash flow	20	-106	101	103	150
Dividends paid	0	9	9	7	9

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹554 cr11%

CWIP

₹44 cr1%

Investments

₹3,513 cr71%

Inventories

₹550 cr11%

Receivables

₹98 cr2%

Cash & equivalents

₹83 cr2%

Other assets

₹128 cr3%

Peer comparison

largest in Unclassified · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Avantel Limited	36,86,04,549	138.69	—	1059360.68	0.0%
Ducol Organics And Colours Limited	19,55,275	120.00	—	20089.13	0.0%
Jio Platforms Limited	12,57,181	1,406.40	—	3.57	—
SBI Funds Management Limited	1,01,750	499.55	—	—	—
Tamilnadu Telecommunication Limited	91,314	9.93	—	—	—
Manipal Health Enterprises Limited	76,294	646.70	—	—	—
INDO-MIM Limited	59,042	1,219.50	—	—	—
AvenuesAI Limited	45,138	129.25	153.6	9.51	6.2%
Dhoot Transmission Limited	32,761	1,601.60	—	8.11	—
3M India Limited	31,071	27,570.00	53.8	17.57	32.7%
Ramco Industries Limited	2,724	314.50	10.9	0.59	5.4%

StoxGud checklist: Bullish setup · 8/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month+4.9%

6 months+9.3%

1 year-11.6%

3Y CAGR+11.5%

5Y CAGR+2.4%

10Y CAGR+2.8%

50-day avg₹309.28

200-day avg₹304.66

RSI (14)58

FAQs

What is the share price of Ramco Industries Limited?

Ramco Industries Limited (RAMCOIND) closed at ₹314.50 on NSE on 06 Nov 2026.

What is the market cap of Ramco Industries Limited?

₹2,724 crore at the latest close.

What is the P/E ratio of Ramco Industries Limited?

10.9, on trailing-twelve-month earnings from its filings.

How fast is Ramco Industries Limited growing?

Ramco Industries Limited: revenue has compounded at 7.1% a year over three years. Latest-quarter revenue is up 19.6% year on year, profit up 23.8%.

How profitable is Ramco Industries Limited?

On a trailing-twelve-month basis return on equity is 5.4%, return on capital employed 6.2%, operating margin 15.1%, net margin 12.8%.

How much debt does Ramco Industries Limited have?

Ramco Industries Limited is debt-free: debt to equity is 0.00 with borrowings of ₹6 cr against cash of ₹83 cr (balance sheet of 2026-09-30). Operating profit covers interest 21.6 times.

Financials parsed from Ramco Industries Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from JUN '19, annual from FY20, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.