RAMCOCEM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ramco Cements reported strong Q4FY26 results with revenue of ₹2,618 Cr (up 9% YoY) and PAT of ₹146 Cr (up 372% YoY), boosted by ₹68 Cr profit from non-core asset sales. For FY26, total revenue grew 6% to ₹9,056 Cr while PAT surged 66% to ₹694 Cr. Cement volumes reached 18.81 MnT (up 2% YoY) with average cement prices improving 4% YoY. The company incurred ₹997 Cr capex in FY26 and monetized ₹573 Cr from non-core asset sales. Construction chemicals revenue jumped 66% YoY to ₹349 Cr. Capacity utilization improved to 77% in FY26. The company plans to achieve 31 MTPA capacity by FY27 with ₹800 Cr capex and targets to commission WHRS at Kolimigundala and Kiln Line-2. Costs were impacted by a new mineral bearing land tax in Tamil Nadu (₹150 Cr for FY26) and rupee depreciation affecting fuel costs.
Strong profitability improvement and asset monetization reduce leverage (Net Debt/EBITDA at 2.47x vs 3.51x), while price and volume growth indicate healthy demand. However, rising raw material costs and competitive intensity in cement prices remain watch items for investors.