RAMCOINDNSERamco Industries Limited· Cement And Cement ProductsHighNeutral
Announced Wed, 5 Nov · 13:23 IST

Ramco Industries Limited has submitted to the Exchange, the financial results for the period ended September 30, 2025.

Revenue DeclinePat Growth 25pctEbitda Margin ExpansionExceptional ItemResults View source PDF

RAMCOIND · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Ramco Industries reported standalone revenue of Rs 272.67 Cr for Q2 FY26, down about 3% YoY from Rs 280.94 Cr, while H1 FY26 revenue fell to Rs 731.55 Cr from Rs 773.53 Cr, a 5% decline. Despite the revenue dip, standalone profit after tax jumped sharply to Rs 35.93 Cr in Q2 (from Rs 11.44 Cr) and Rs 68.51 Cr in H1 (from Rs 35.93 Cr), driven by strong margin expansion. Operating margin improved to 17% in Q2 FY26 from about 9% in the year-ago quarter, mainly led by the Building Products segment, which grew profit before tax to Rs 36.45 Cr in Q2. The Textiles segment remained weak with H1 revenue falling 39% YoY. On a consolidated basis, Q2 PAT rose to Rs 49.44 Cr from Rs 20.36 Cr, while H1 PAT nearly doubled to Rs 93.65 Cr. The board also approved setting up a new Fibre Cement Board plant at Maksi, Madhya Pradesh. Auditors (SRSV & Associates and Ramakrishna Raja & Co) gave an unmodified limited review opinion.

Likely market impact

Strong PAT growth and margin expansion signal improved profitability and cost efficiency, which should be viewed positively by shareholders. However, the decline in top-line, especially the sharp drop in the Textiles segment, and the announcement of fresh capex for a new plant are key factors to watch for the stock.