Ramco Industries Ltd - Stock Valuation and Financial Performance

BSE: 532369 | NSE: RAMCOIND | Cement & Construction Materials | Small Cap

Ramco Inds. Share Price

311.15 3.90 1.27%
as on 03-Dec'24 16:59

DeciZen - make an informed investing decision on Ramco Inds.

Overall Rating
Bole Toh

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

Ramco Industries stock performance -

mw4me loader
P/E Ratio (SA):
33.65
Market Cap:
2,667.2 Cr.
52-wk low:
192.1
52-wk high:
315.7

Is Ramco Industries Ltd an attractive stock to invest in?

1. Is Ramco Industries Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Ramco Industries Ltd is a below average quality company.

2. Is Ramco Industries Ltd undervalued or overvalued?

The key valuation ratios of Ramco Industries Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Ramco Industries Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Ramco Industries Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

10 Year X-Ray of Ramco Inds.:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Ramco Industries Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 6.6%7.6%11.8%13.4%12.6%10.9%16.4%14.8%9.3%7.4%-
Value Creation
Index
-0.5-0.5-0.20.0-0.1-0.20.20.1-0.3-0.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 7357077127998988261,0031,1871,3101,2991,319
Sales YoY Gr.--3.8%0.7%12.2%12.4%-8%21.4%18.3%10.4%-0.9%-
Adj EPS 1.63.16.17.28.57.112.912.610.67.29.1
YoY Gr.-91.3%97.1%18.6%17.4%-16.1%82%-2.3%-16%-32.3%-
BVPS (₹) 5560.568.176.684.890.6104116.1127.3135.5141.9
Adj Net
Profit
13.926.752.662.473.361.411210991.962.179
Cash Flow from Ops. 61.622.7-0.510951.79.911921.3-3786.8-
Debt/CF from Ops. 6.615.8-661.623.624.11.310.5-8.32.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 6.5%7.7%9%-0.9%
Adj EPS 18%-3.3%-17.8%-32.3%
BVPS10.5%9.8%9.2%6.5%
Share Price 14.2% 10.6% 7.4% 45.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
35.39.41010.58.113.311.58.75.56.6
Op. Profit
Mgn %
5.4610.511.311.68.915.314.79.48.28.3
Net Profit
Mgn %
1.93.87.47.88.27.411.29.274.86
Debt to
Equity
0.90.70.60.30.30.30.20.20.30.20
Working Cap
Days
174183192192172206185169179192105
Cash Conv.
Cycle
12312813112811613712112114516544

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 6.60%

Sales growth has been subdued in last 3 years 8.99%

Net Profit has been subdued in last 3 years -17.82%

Sales growth is not so good in last 4 quarters at 2.49%

Latest Financials - Ramco Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 9.1 14.6
TTM Sales (₹ Cr.) 1,319 1,586
BVPS (₹.) 141.9 473.5
Reserves (₹ Cr.) 1,223 4,102
P/BV 2.17 0.65
PE 33.65 21.09
From the Market
52 Week Low / High (₹) 192.05 / 315.70
All Time Low / High (₹) 4.35 / 366.00
Market Cap (₹ Cr.) 2,667
Equity (₹ Cr.) 8.7
Face Value (₹) 1
Industry PE 51.6

Management X-Ray of Ramco Inds.:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *3.382.102.101.880.640.640.643.873.875.60
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Ramco Inds.

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales7357077127998988261,0031,1871,3101,299
Operating Expenses 6956686397097947538521,0161,1881,196
Manufacturing Costs838793102116119111144156154
Material Costs461434391422455404499583726738
Employee Cost 546167718192100114121118
Other Costs 978687114142139142175185186
Operating Profit 4039739010373151170122102
Operating Profit Margin (%) 5.4%5.6%10.3%11.2%11.5%8.9%15.0%14.3%9.3%7.9%
Other Income 26354342345347282936
Interest 374034221515991925
Depreciation 19202123252628293135
Exceptional Items 10121213050030
Profit Before Tax 20277399989116016010480
Tax -1-6132725265053720
Profit After Tax 2133607273661111079760
PAT Margin (%) 2.8%4.7%8.4%9.0%8.2%7.9%11.0%9.0%7.4%4.6%
Adjusted EPS (₹)2.43.96.98.38.57.612.812.311.26.9
Dividend Payout Ratio (%)12%21%7%6%6%7%8%8%9%11%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 4775245906647357859011,0061,1051,176
Share Capital 9999999999
Reserves 4685155816567277768929981,0961,168
Minority Interest0000000000
Debt316310299186157207142212292234
Long Term Debt1091366556262624153111
Short Term Debt207175234130132182118197261222
Trade Payables37385135396067302327
Others Liabilities 177138173188195209226258236223
Total Liabilities 1,0061,0101,1121,0731,1261,2621,3361,5071,6561,660

Fixed Assets

Gross Block7227347747818128568719471,0051,027
Accumulated Depreciation351359378387398418424449469490
Net Fixed Assets370376396394414438447498536537
CWIP 314251193417115
Investments 213235241247260281337397400441
Inventories260242305233251317334368556544
Trade Receivables696973879378891106168
Cash Equivalents 71066101787912
Others Assets83658910297112871118252
Total Assets 1,0061,0101,1121,0731,1261,2621,3361,5071,6561,660

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 6223-1109521011921-3787
PBT 21287399989116016010480
Adjustment 19-9-15-19-8-31-27-14166
Changes in Working Capital 233-6219-36-46-9-121-1513
Tax Paid -1149-3-5-5-4-6-2
Cash Flow From Investing Activity 1294342-4-30-25-85-1616
Capex -21-25-41-7-45-47-37-81-65-36
Net Investments 49130-10-25-41-612-17
Others 19457149504353574669
Cash Flow From Financing Activity -68-49-46-150-4427-1036356-99
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -6529-71-20-270-22-820-27
Interest Paid -37-38-35-22-14-15-9-9-20-24
Dividend Paid -2-70-4-4-9-90-9-9
Others 36-3260-104250-637964-39
Net Cash Flow -52-4147-9-123
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)4.476.6610.7511.4910.468.6213.1411.219.225.23
ROCE (%)6.557.5711.7913.3912.5710.8816.3714.789.317.35
Asset Turnover Ratio0.830.780.750.770.830.70.770.830.830.78
PAT to CFO Conversion(x)2.950.7-0.021.510.710.151.070.2-0.381.45
Working Capital Days
Receivable Days30323235363730312418
Inventory Days10811712511797123118108129155
Payable Days22324237304547301312

Ramco Industries Ltd Stock News

Ramco Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Ramco Inds. on 03-Dec-2024 16:59 is ₹311.1.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 03-Dec-2024 16:59 the market cap of Ramco Inds. stood at ₹2,667.2.
The latest P/E ratio of Ramco Inds. as of 03-Dec-2024 16:59 is 33.65.
The latest P/B ratio of Ramco Inds. as of 03-Dec-2024 16:59 is 2.17.
The 52-week high of Ramco Inds. is ₹315.7 and the 52-week low is ₹192.1.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Ramco Inds. is ₹1,319 ( Cr.) .

About Ramco Industries Ltd

Ramco Industries Limited is part of the $1 billion Ramco Group with interests in Cement, Dry Wall & Ceiling products, Roofing products, Cotton yarn, Surgical cotton and Computer Software.

With many plants across South Asia and lots of strong partner network, the company is one of the leading building materials manufacturers in South Asia and has been at the forefront of innovation answering perplexing challenges with definitive solutions.

The company’s first plant to manufacture roofing sheets was set up at Arakkonam, Tamil Nadu in 1967. Apart from the Arakkonam plant, the company operates eight modern plants manufacturing high quality fibre cement roofing sheets in India today: Gangaikondan - Tamil Nadu, Karur - Karnataka, Maksi - Madhya Pradesh, Silvassa - UT of Dadra & Nagar Haveli, Kharagpur - West Bengal, Vijayawada - Andhra Pradesh, Anjar - Gujarat, Bihiya - Bihar. The present aggregate capacity for Fibre Cement Sheets manufacture in India is over lakhs of tons per annum.

The company introduced the Ramco Hilux Calcium Silicate Board, a versatile building material, using technology from the A & A Corporation, Japan. These boards are rapidly replacing conventional building materials such as Gypsum boards, Plywood & Plaster of Paris across the international markets by virtue of their sheer versatility. Several landmark and iconic structures that have stood the test of time bear the Hilux stamp of excellence, signifying stronger, safer and aesthetically appealing buildings. Ramco Hilux boards and tiles are manufactured at the world class plant at Keshwana, Rajasthan.

Business area of the company

The company is engaged in manufacture of Fiber Cement (FC) sheets and Calcium Silicate Boards (CSBs). The company’s segments are building products, textiles and power generation from wind mills. The company caters mainly to the domestic markets. The company is also engaged in sale of surplus electricity generated from its windmills after meeting its captive requirements.

Products

  • Ramco Hilux
  • Ramco Hicem
  • Ramco Greencor
  • Ramco Poweroof
  • Accessories
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