NSE: RAMCOCEM | BSE: 500260

Mid-range Performer

Download real time

1113.70 -13.50 (-1.20%)

41.30% Gain from 52W Low

100.1K NSE+BSE Volume

NSE 20 Feb, 2026 3:31 PM (IST)

26,315.9

Market Cap

High in industry

Beta 1Year

Very Low volatility

The Ramco Cements Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for RAMCOCEM, BSE:500260 The Ramco Cements Ltd.

Search Inside the pdf :

The Ramco Cements Ltd.

19 Feb 2026

1113.70

-1.20%

RAMCO CEMENTS LIMITED

Accumulate: The Ramco Cements Ltd.

Target

Geojit BNP Paribas

Revenue grew 6% YoY, and sales volumes increased by 4% YoY in Q3FY26, EBITDA remained flat on a YoY basis, while EBITDA per ton declined ~2.9%, largely due to a 4% increase in raw material costs, including the impact of higher...

The Ramco Cements has gained 29.48% in the last 1 Year

The Ramco Cements Ltd.

10 Feb 2026

1113.70

-1.20%

The Ramco Cements (SELL): Performance shortfall continues; no respite in medium term

Sell: The Ramco Cements Ltd.

Target

BOB Capital Markets Ltd.

Overall volumes grew 5% YoY. Subdued realisations (+1% YoY) on weak East pricing, kept revenue growth modest at 6% YoY

Geojit BNP Paribas increased Accumulate price target of The Ramco Cements Ltd. to 1319.0 on 19 Feb, 2026.

The Ramco Cements Ltd.

24 Nov 2025

1113.70

-1.20%

Margins improve, but weak volumes and premium valuations constrain upside

Hold: The Ramco Cements Ltd.

Deven Choksey

The near-term outlook remains steady but moderated, with earnings likely to be range-bound as benefits from improved pricing and higher green-energy usage are partly offset by raw material cost pressures arising from the MBT levy.

The Ramco Cements Ltd. has an average target of 1102.14 from 7 brokers.

The Ramco Cements Ltd.

09 Nov 2025

1113.70

-1.20%

Costs offset volume beat

Hold: The Ramco Cements Ltd.

Target

ICICI Securities Limited

The Ramco Cements’ (TRCL) Q2FY26 EBITDA at INR 3.9bn (up 24% YoY/down 3% QoQ) stood just 4% ahead of our estimates despite a massive volume beat (being 13% ahead of forecast; up 10% QoQ though flattish YoY).

The Ramco Cements Ltd. has an average target of 1102.14 from 7 brokers.

The Ramco Cements Ltd.

07 Nov 2025

1113.70

-1.20%

The Ramco Cements (SELL): Price hikes help margin gains, but may reverse in short term

Sell: The Ramco Cements Ltd.

Target

BOB Capital Markets Ltd.

Q2 revenue grew by ~10%/8% YoY/QoQ to ~Rs 22.3bn, helped by healthy pricing gains of 12% YoY. Volume slips by 2%

The Ramco Cements Ltd. is trading below its 30 day SMA of 1114.4

The Ramco Cements Ltd.

05 Nov 2025

1113.70

-1.20%

Higher volume drives EBITDA beat

Neutral: The Ramco Cements Ltd.

Target

Motilal Oswal

The Ramco Cements’ (TRCL) 2QFY26 EBITDA grew 24% YoY to INR3.9b (12% beat), led by higher-than-estimated volume (5% beat) and lower-thanestimated opex/t. EBITDA/t rose 22% YoY (down 12% QoQ) to INR851 (6% beat).

The Ramco Cements Ltd. is trading above its 200 day SMA of 1059.0

The Ramco Cements Ltd.

17 Sep 2025

1113.70

-1.20%

RAMCO CEMENTS LIMITED

Accumulate: The Ramco Cements Ltd.

Recommendation Target

Geojit BNP Paribas

Kolimigundla, debottlenecking of existing plants, and additional grinding capacities. We value TRCL at 15x FY27E EV/EBITDA (vs. 3-year average of ~14x), arriving at a target price of 1,270, and downgrade the rating to Accumulate....

The Ramco Cements Ltd. has an average target of 1102.14 from 7 brokers.

The Ramco Cements Ltd.

21 Aug 2025, 12:00AM

1113.70

-1.20%

The Ramco Cements

Buy: The Ramco Cements Ltd.

Target

ICICI Direct

Strong focus on scaling up construction chemical business: Company targets to scale this construction chemicals business revenue to Rs 2000 crore in the next 4-5 years (from Rs 210 crore revenue in FY25), with revenue share increasing to 12.5% by FY30E (from 2.5% in FY25), led by healthy demand in...

Number of FII/FPI investors decreased from 193 to 177 in Dec 2025 qtr

The Ramco Cements Ltd.

08 Aug 2025

1113.70

-1.20%

The Ramco Cements (SELL): Shift to realisation chase helps margin gain; maintain SELL

Sell: The Ramco Cements Ltd.

Target

BOB Capital Markets Ltd.

Q1 revenue declined ~1%/14% YoY/QoQ, as TRCL chased realisations that gained by 8%/12% while volume was down 7%/23%

Geojit BNP Paribas increased Accumulate price target of The Ramco Cements Ltd. to 1319.0 on 19 Feb, 2026.

The Ramco Cements Ltd.

30 Jun 2025

1113.70

-1.20%

RAMCO CEMENTS LIMITED

Buy: The Ramco Cements Ltd.

Recommendation Target

Geojit BNP Paribas

of non-core assets will control debt, and deleveraging from cash accrual is expected in FY27. We value TRCL at 15x FY27E EV/EBITDA (3Yr avg=~14x) to arrive at a target price of Rs. 1,268, and upgrade to Buy rating....

Geojit BNP Paribas increased Accumulate price target of The Ramco Cements Ltd. to 1319.0 on 19 Feb, 2026.

Is The Ramco Cements Ltd. worth buying?

111 Votes:

Buy 81.08%

Sell 13.51%

Hold 5.41%

RESEARCH REPORTS

Accumulate SEE REPORTS >

pdf

Sell SEE REPORTS >

pdf