RAMCOCEMBSEThe Ramco Cements LtdHighNeutral
Announced Fri, 22 May · 19:53 IST

Press Release on standalone Audited Results for FY 26

Pat Growth 25pctEbitda Margin ExpansionExceptional ItemResults View source PDF

RAMCOCEM · price

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₹918.00
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AI summary

Ramco Cements reported 6% revenue growth to Rs.9,056 crores in FY26, with PAT jumping 66% to Rs.694 crores from Rs.417 crores in FY25. EBITDA grew 16% to Rs.1,482 crores with margin expanding from 15% to 16%. The company achieved Rs.574 crores from sale of surplus lands recorded as exceptional items, with net exceptional items at Rs.553 crores. Net debt was reduced by Rs.817 crores to Rs.3,664 crores, improving the debt-to-EBITDA ratio from 3.51x to 2.47x. Sales volume grew marginally by 2% to 18.81 million tons, though capacity utilization declined from 77% to 74% due to new capacity additions. The company proposed a dividend of Rs.2.50 per share.

Likely market impact

Strong operational performance with PAT growth exceeding 25% and margin expansion are positive signals for shareholders. However, rising input costs (pet coke, gypsum, diesel) of approximately Rs.570 per ton could pressure margins in FY27. The significant debt reduction and improving leverage ratio are encouraging for the balance sheet.