NSE: RAMCOCEM | BSE: 500260

Turnaround Potential

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1177.20 10.30 (0.88%)

New 52W High today

326.9K NSE+BSE Volume

NSE 17 Jul, 2025 3:31 PM (IST)

27,816.3

Market Cap

High in industry

0.8

Beta 1Year

Low volatility

Dividend

The Ramco Cements Ltd. has an upcoming dividend of ₹2.00 per share due on 06 Aug 2025 See details

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.

The Ramco Cements Ltd.

06 Nov 2020

1177.20

0.88%

Ramco Cements

Hold: The Ramco Cements Ltd.

Target

Arihant Capital

Ramco Cement reported a remarkable performance at operating level in Q2FY21 with EBIDTA growing by 49.7% YoY & 70% QoQ, to Rs 4420 mn due to all-round decline in most expenses (except for employee costs). Sharp control in overheads and low-cost inventory of petcoke aided the decline in operating costs. EBITDA margin expansion of 1274 bps YoY & 1021 bps to 35.2% was mainly led by18.2% YoY rise in realisations. Hence, net revenue de-growth was contained at 4.5% YoY but rose by 20.2% QoQ to Rs 12,570 mn, despite sales volume de-growth of 18.8% YoY to 2.21 MT due to Covid...

The Ramco Cements Ltd. has gained 22.34% in the last 3 Months

The Ramco Cements Ltd.

04 Nov 2020

1177.20

0.88%

Ramco Cements

Buy: The Ramco Cements Ltd.

Target

ICICI Securities Limited

New capacities to bring efficiency, spur growth in FY22E Incremental volumes coming up from additional capacities (2 MT already commissioned and 1 MT Odisha GU commissioned in September 2020, 1 MT GU Kurnool in FY22E) would help to grow ahead of industry growth in FY22E. Ramco is also commissioning the clinkering unit of 1.5 MT along with 9 MW WHRS in Jayanthipuram and 2.25MT clinkering unit in Kurnool before March 2021. Factoring this new capacity, we model 12.1% revenue CAGR in FY20-23E. While newly commissioned grinding units in Vizag, West Bengal,...

Geojit BNP Paribas upgraded The Ramco Cements Ltd. to Buy with a price target of 1268.0 on 30 Jun, 2025.

The Ramco Cements Ltd.

02 Nov 2020

1177.20

0.88%

Ramco Cements

Accumulate: The Ramco Cements Ltd.

Target

Dolat Capital

We expect 9.3%/ 16.2%/ 15.8% revenue/ EBITDA/ PAT CAGR over FY20-23E led by -8.8%/ 17.0%/ 10.0% volume growth and 11.2%/ 0.0%/ 0.5% realization growth in FY21E/ FY22E/ FY23E. We introduce FY23E. We increase our revenue estimates by 5.5%/ 5.2% and EBITDA estimates by 37.2%/ 26.3% for FY21E/ FY22E factoring H1FY21 results. Accordingly, we increase our PAT estimates by 64.9%/ 42.3% for FY21E/ FY22E. We like TRCL for its strong distribution (supports its industry leading volume growth) and healthy profitability metrics...

The Ramco Cements Ltd. has gained 48.18% in the last 1 Year

The Ramco Cements Ltd.

15 Oct 2020

1177.20

0.88%

Ramco Cements

Buy: The Ramco Cements Ltd.

Target

Sharekhan

The Ramco Cements Ltd. has gained 48.18% in the last 1 Year

The Ramco Cements Ltd.

18 Aug 2020, 12:00AM

1177.20

0.88%

RAMCO CEMENTS LIMITED

Accumulate: The Ramco Cements Ltd.

Target

Geojit BNP Paribas

The Ramco Cements Ltd ( TRCL), the flagship company of Ramco group is the 5th largest cement company in India with a total production capacity of 17.8MT (South-15.54MT & East-2.25MT). TRCL has captive Thermal power...

Promoters released all pledges in Jun 2025 qtr.

The Ramco Cements Ltd.

17 Aug 2020, 12:00AM

1177.20

0.88%

Ramco Cements

Buy: The Ramco Cements Ltd.

Anand Rathi

expansion in the East and South, leading to its volumes growing 15% in FY22. Further, we expect net D/E to shrink to 0.4x in FY22 (from 0.6x in FY20) with delevering and greater profitability. We maintain a Buy rating, with a higher target price of `777 (earlier `748), based on 16x FY22e EV/...

Number of FII/FPI investors increased from 169 to 189 in Jun 2025 qtr.

The Ramco Cements Ltd.

15 Aug 2020

1177.20

0.88%

Ramco Cements

Buy: The Ramco Cements Ltd.

Target

ICICI Securities Limited

Ramco Cements' Q1FY21 numbers broadly remained above our estimates with better net profitability. The company reported a 24.6% YoY drop in revenues to | 1,048 crore (vs. I-direct estimate of | 934 crore). This was mainly led by 28.3% fall in sales volume during the quarter to 1.94 MT (vs. I-direct estimate: 1.8 MT) as the company's operation were impacted from mid-March due to imposition of lockdown. On the other hand, realisations remained better, increasing 5% YoY to | 5,408/tonne (vs. I-direct estimate: 5043/t). Total costs per tonne increased 6.6% YoY to | 4051/t. This was led...

The Ramco Cements Ltd. has gained 22.34% in the last 3 Months

The Ramco Cements Ltd.

15 Aug 2020

1177.20

0.88%

Ramco Cements

Hold: The Ramco Cements Ltd.

Recommendation

Dolat Capital

FY20 has been a challenging year for the Indian cement industry. The industry produced 334.48 MTPA cement in FY20 vs. 337.32 MTPA in FY19, de-growth of 0.84% vs. 13.3% growth in FY19. Weak macro-economy and real estate sector along with liquidity crisis and lower credit flow resulted in subdued demand. The capacity utilisation of the industry declined to...

Promoters released all pledges in Jun 2025 qtr.

The Ramco Cements Ltd.

14 Aug 2020

1177.20

0.88%

Q1FY21 Result Update - Stretched valuations and earnings quality drive downgrade - Reduce

Sell: The Ramco Cements Ltd.

Recommendation Target

Prabhudas Lilladhar

Pace of work on expansion projects picked up as company maintained its timeline of commissioning barring Odisha unit The Ramco Cements (TRCL) posted Q1FY21 EBITDA in line with ours and above consensus estimates by 7%. While, PAT came below our estimates by 7% due to higher interest cost. We continue to remain negative on Southern region due to overcapacity as...

The Ramco Cements Ltd. has an average target of 1021.14 from 7 brokers.

The Ramco Cements Ltd.

14 Aug 2020

1177.20

0.88%

Ramco Cements

Buy: The Ramco Cements Ltd.

Target

Dolat Capital

We broadly maintain our estimates for FY21E/ FY22E factoring Q1FY21 results. We like TRCL for its strong distribution (supports its industry leading volume growth) and healthy profitability metrics (despite turbulent south markets). Thus, we maintain Accumulate with a TP of...

Promoters released all pledges in Jun 2025 qtr.

Is The Ramco Cements Ltd. worth buying?

108 Votes:

Buy 81.48%

Sell 12.96%

Hold 5.56%

RESEARCH REPORTS

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