The Ramco Cements Limited manufactures and sells cement and cementious materials in India. More Details
Mediocre balance sheet and slightly overvalued.
Share Price & News
How has Ramco Cements's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RAMCOCEM has not had significant price volatility in the past 3 months.
7 Day Return
IN Basic Materials
1 Year Return
IN Basic Materials
Return vs Industry: RAMCOCEM exceeded the Indian Basic Materials industry which returned -6.7% over the past year.
Return vs Market: RAMCOCEM matched the Indian Market which returned -1.6% over the past year.
Price Volatility Vs. Market
How volatile is Ramco Cements's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StIs The Ramco Cements Limited (NSE:RAMCOCEM) An Attractive Dividend Stock?
2 weeks ago | Simply Wall StIs Ramco Cements (NSE:RAMCOCEM) Using Too Much Debt?
1 month ago | Simply Wall StDo Institutions Own The Ramco Cements Limited (NSE:RAMCOCEM) Shares?
Is Ramco Cements undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: RAMCOCEM (₹740.75) is trading below our estimate of fair value (₹1037.77)
Significantly Below Fair Value: RAMCOCEM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: RAMCOCEM is poor value based on its PE Ratio (32.7x) compared to the IN Basic Materials industry average (19.2x).
PE vs Market: RAMCOCEM is poor value based on its PE Ratio (32.7x) compared to the Indian market (16x).
Price to Earnings Growth Ratio
PEG Ratio: RAMCOCEM is poor value based on its PEG Ratio (2.8x)
Price to Book Ratio
PB vs Industry: RAMCOCEM is overvalued based on its PB Ratio (3.5x) compared to the IN Basic Materials industry average (0.9x).
How is Ramco Cements forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RAMCOCEM's forecast earnings growth (11.7% per year) is above the savings rate (7.2%).
Earnings vs Market: RAMCOCEM's earnings (11.7% per year) are forecast to grow slower than the Indian market (26.4% per year).
High Growth Earnings: RAMCOCEM's earnings are forecast to grow, but not significantly.
Revenue vs Market: RAMCOCEM's revenue (12% per year) is forecast to grow faster than the Indian market (11.8% per year).
High Growth Revenue: RAMCOCEM's revenue (12% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RAMCOCEM's Return on Equity is forecast to be low in 3 years time (11.3%).
How has Ramco Cements performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RAMCOCEM has high quality earnings.
Growing Profit Margin: RAMCOCEM's current net profit margins (10.4%) are lower than last year (10.8%).
Past Earnings Growth Analysis
Earnings Trend: RAMCOCEM's earnings have grown by 7.3% per year over the past 5 years.
Accelerating Growth: RAMCOCEM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: RAMCOCEM had negative earnings growth (-8.7%) over the past year, making it difficult to compare to the Basic Materials industry average (-4.6%).
Return on Equity
High ROE: RAMCOCEM's Return on Equity (10.5%) is considered low.
How is Ramco Cements's financial position?
Financial Position Analysis
Short Term Liabilities: RAMCOCEM's short term assets (₹15.8B) do not cover its short term liabilities (₹23.4B).
Long Term Liabilities: RAMCOCEM's short term assets (₹15.8B) do not cover its long term liabilities (₹27.9B).
Debt to Equity History and Analysis
Debt Level: RAMCOCEM's debt to equity ratio (61.1%) is considered high.
Reducing Debt: RAMCOCEM's debt to equity ratio has reduced from 103.9% to 61.1% over the past 5 years.
Debt Coverage: RAMCOCEM's debt is well covered by operating cash flow (24.5%).
Interest Coverage: RAMCOCEM's interest payments on its debt are well covered by EBIT (10.4x coverage).
What is Ramco Cements's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: RAMCOCEM's dividend (0.34%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.58%).
High Dividend: RAMCOCEM's dividend (0.34%) is low compared to the top 25% of dividend payers in the Indian market (2.33%).
Stability and Growth of Payments
Stable Dividend: RAMCOCEM's dividend payments have been volatile in the past 10 years.
Growing Dividend: RAMCOCEM's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (11%), RAMCOCEM's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: RAMCOCEM's dividends in 3 years are forecast to be thoroughly covered by earnings (11.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Arrakundal Velayutha Dharmakrishnan (63 yo)
Shri Arrakundal Velayutha Raja Dharmakrishnan, B.Com, ACA has been Chief Executive Officer at Madras Cements Ltd., since April 1, 2012 and served as its Executive Director of Finance. Shri Dharmakrishnan s ...
CEO Compensation Analysis
Compensation vs Market: Arrakundal Velayutha's total compensation ($USD1.95M) is above average for companies of similar size in the Indian market ($USD600.66K).
Compensation vs Earnings: Arrakundal Velayutha's compensation has been consistent with company performance over the past year.
|Chairman & MD||3.25yrs||₹410.11m||0.83% |
|Chief Executive Officer||8.42yrs||₹143.79m||0.076% |
|Chief Financial Officer||no data||₹15.36m||0.0028% |
|Chief Operating Officer||3.17yrs||₹20.41m||no data|
|Compliance Officer & Company Secretary||no data||₹11.38m||0.0021% |
|Executive President of Marketing||no data||₹27.38m||0.0021% |
|President of Marketing||no data||₹13.79m||no data|
|Senior Vice President of HRD||no data||₹11.05m||no data|
|President of Manufacturing||15.08yrs||₹16.16m||no data|
|Senior Vice President of HR Ramco Group||no data||₹11.43m||no data|
|Executive Director of Operations||1.42yrs||₹27.52m||0.0085% |
|Senior Vice President of Administration||no data||no data||no data|
Experienced Management: RAMCOCEM's management team is considered experienced (3.3 years average tenure).
|Chairman & MD||3.25yrs||₹410.11m||0.83% |
|Non Executive Independent Director||6.92yrs||₹1.13m||no data|
|Non Executive Independent Director||14.17yrs||₹975.00k||no data|
|Independent Director||1yr||₹300.00k||no data|
|Non-Executive Independent Director||11.08yrs||₹900.00k||no data|
|Independent Director||5.5yrs||₹675.00k||no data|
|Independent Director||3.08yrs||₹450.00k||no data|
Experienced Board: RAMCOCEM's board of directors are considered experienced (5.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
The Ramco Cements Limited's company bio, employee growth, exchange listings and data sources
- Name: The Ramco Cements Limited
- Ticker: RAMCOCEM
- Exchange: NSEI
- Founded: 1957
- Industry: Construction Materials
- Sector: Materials
- Market Cap: ₹167.264b
- Shares outstanding: 235.80m
- Website: https://www.ramcocements.in
- The Ramco Cements Limited
- Auras Corporate Centre
- V Floor
- Tamil Nadu
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|500260||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Apr 1997|
|RAMCOCEM||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Apr 1997|
The Ramco Cements Limited manufactures and sells cement and cementious materials in India. It offers Portland Pozzolana, OPC, sulphate resisting, sleeper grade, and rapid hardening Portland cement, as well ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/28 12:41|
|End of Day Share Price||2020/09/28 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.