The Ramco Cements share price
NSE: RAMCOCEMBSE: 500260Cement & Cement ProductsSmall Cap
Formerly Madras Cements
Last close ₹739.40down ₹23.95 (3.14%)BSE ₹739.15
Share price at the NSE close on 23 Oct 2026. Previous close ₹763.35.
52-week range of traded prices to 23 Oct 2026
₹730.85Low, 23 Oct 2026₹1,214.50High, 9 Feb 2026
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹17,471 Cr316th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 7 Aug 2026
- 27.1
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes ₹566 crore of one-off items, the largest of them in the quarter to Dec 2025.
- 221.0
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 22 May 2026
- 2.2
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.34%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 7 Aug 2026
- 8.3%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes ₹566 crore of one-off items, the largest of them in the quarter to Dec 2025.
- 1.0%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 7 Aug 2026
- 5.0%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 22 May 2026
- 0.48
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 2,63,29359.6% delivered
Results
Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Jun 2026, against the quarter beforeFiled 7 Aug
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹2,273 Crdown 12.92%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹31 Crdown 79.27%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
- 1.4%
Revenue by year
Peak revenue ₹9,376 Cr, year to Mar 2024
Net profit by year, a loss in red
| ₹ crore | Sep 2024Filed 11 Nov | Dec 2024Filed 6 Feb | Mar 2025Filed 12 Jun | Jun 2025Filed 7 Aug | Sep 2025Filed 5 Nov | Dec 2025Filed 9 Feb | Mar 2026Filed 22 May | Jun 2026Filed 7 Aug |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,044 | 1,983 | 2,397 | 2,074 | 2,239 | 2,106 | 2,610 | 2,273 |
| Net profit | 26 | 182 | 26 | 85 | 78 | 386 | 151 | 31 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 1.3% | 9.2% | 1.1% | 4.1% | 3.5% | 18.3% | 5.8% | 1.4% |
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Business segments
In the year to Mar 2026 the company reports one business segment, Cement and Cementitious Materials, which carries all its revenue.
Valuation
Today, against the company's own history.PE ratio and valuation history
Price to earningsPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
At or below today's level on 93% of 2,480 trading days over the last 10 years.
LowestHighest
Its median32.7Industry median27.8
Price to bookPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
At or below today's level on 0.4% of 1,978 trading days since Oct 2018.
LowestHighest
Its median3.2Industry median1.4
EV to EBITDAEnterprise value to EBITDA. Market cap plus borrowings less cash and bank balances, divided by operating profit before depreciation (revenue less operating expenses, without other income and one-off items) over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly): what the whole business costs against the profit its operations make. Lease liabilities are not counted: the results filings do not state them.15.7
At or below today's level on 16% of 1,978 trading days since Oct 2018.
LowestHighest
Its median18.0Industry median12.9
Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.
At or below today's level on 55% of 2,460 trading days over the last 10 years.
LowestHighest
Its median0.31%Industry median0.65%
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +2.9% | +156.4% | −60.0% | 0.3% |
| 3 years | +7.0% | +30.5% | −18.2% | 0.3% |
| 5 years | −1.4% | −2.3% | +0.6% | 0.3% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 3 and 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count. Earnings growth over 1, 3 and 5 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the years to Mar 2025 and Mar 2026.
Mutual funds holding it
86 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 44 of the 50 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.Mutual fund holdings
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 1
- AddedAdded. Funds that held more shares than at the end of the month before.
- 18
- CutCut. Funds that held fewer shares than at the end of the month before.
- 32
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 35
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end.
- 3
| Fund | |||
|---|---|---|---|
 Kotak Flexi Cap FundKotak Mahindra Mutual Fund | 75,00,000 | 1.19% | ₹634.2 Cr |
 Nippon India Small Cap FundNippon India Mutual Fund | 50,76,860 | 0.53% | ₹429.3 Cr |
 SBI Large & Midcap FundSBI Mutual Fund | 47,00,000 | 0.98% | ₹397.4 Cr |
 HDFC Flexi Cap FundHDFC Mutual Fund | 39,64,281 | 0.31% | ₹335.2 Cr |
 Tata Small Cap FundTata Mutual Fund | 39,20,512 | 2.51% | ₹331.5 Cr |
| SBI Children's Fund - InvestmentSBI Mutual Fund | 30,00,000 | 3.19% | ₹253.7 Cr |
 HSBC Value FundHSBC Mutual Fund | 23,24,433 | 1.34% | ₹196.5 Cr |
| SBI Contra FundSBI Mutual Fund | 21,06,875 | 0.40% | ₹178.1 Cr |
| HDFC Aggressive Hybrid FundHDFC Mutual Fund | 16,00,000 | 0.64% | ₹135.3 Cr |
| Tata Large & Mid Cap FundTata Mutual Fund | 16,00,000 | 1.86% | ₹135.3 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Peers and competitors
Cement & Cement Products, 40 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to The Ramco Cements in market cap.
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 Shree CementSHREECEM | 82,030 | 50.3 | 3.5 | 18.2 | +12.6% | +9.6% | 7.3% | 7.0% | 0.66% |
 JK CementJKCEMENT | 37,506 | 39.7 | 5.3 | 18.5 | +15.9% | −5.5% | 14.4% | 12.6% | 0.41% |
 Dalmia BharatDALBHARAT | 29,847 | 32.0 | 1.7 | 12.1 | +7.6% | −0.2% | 5.3% | 6.5% | 0.57% |
 ACCACC | 21,772 | 11.4 | 1.1 | 8.1 | +11.8% | −21.1% | 9.8% | 7.3% | 0.65% |
 JSW CementJSWCEMENT | 15,949 | 21.0 | 2.4 | 16.1 | – | – | 11.6% | 8.2% | 0.43% |
 Nuvoco Vistas CorporationNUVOCO | 11,808 | 28.5 | 1.2 | 8.6 | +10.6% | +52.0% | 4.4% | 6.6% | 0.00% |
 The India CementsINDIACEM | 9,787 | 79.9 | 1.0 | 21.3 | +5.2% | +851.1% | 1.2% | 2.0% | 0.00% |
 Star CementSTARCEMENT | 6,475 | 17.5 | 2.0 | 7.7 | +14.5% | +56.4% | 12.2% | 14.1% | 0.62% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Dividends
Per share, by the year it was paid for, and the latest payments.Dividend history and dates
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up.Highest ₹3.00 a share, in 5 years, the latest the year to Mar 2022.
| Ex-date | Type | Per share |
|---|---|---|
| 13 Aug 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹2.50 |
| 6 Aug 2025 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹2.00 |
| 9 Aug 2024 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹2.50 |
| 3 Aug 2023 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹2.00 |
| 2 Aug 2022 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹3.00 |
| 22 Mar 2021 | Interim | ₹3.00 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
22 Oct · Retirement
Sep 2026
29 Sep · Business
10 Sep · Analysts
The Ramco Cements share price by year
Each calendar year to 2025.The Ramco Cements share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 1,056.60 | +9.4% | 1,201.40 | 801.55 |
| 2024 | 965.65 | −5.4% | 1,047.65 | 730.90 |
| 2023 | 1,020.35 | +45.7% | 1,048.75 | 651.80 |
| 2022 | 700.25 | −30.3% | 1,046.85 | 582.90 |
| 2021 | 1,004.10 | +26.1% | 1,126.00 | 774.95 |
| 2020 | 796.40 | +5.5% | 892.15 | 464.00 |
| 2019 | 754.65 | +17.9% | 837.75 | 569.95 |
| 2018 | 639.90 | −18.5% | 860.95 | 561.30 |
| 2017 | 785.60 | +43.4% | 809.25 | 558.25 |
| 2016 | 548.00 | +40.8% | 660.65 | 356.85 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 23 Oct 2026 | 759.00 | 761.00 | 730.85 | 739.40 | 739.41 | 2,63,293 | 59.6% |
| 22 Oct 2026 | 776.60 | 780.00 | 757.35 | 763.35 | 766.75 | 85,574 | 51.1% |
| 21 Oct 2026 | 795.60 | 798.15 | 774.00 | 775.45 | 778.95 | 2,81,084 | 66.4% |
| 19 Oct 2026 | 807.50 | 807.50 | 783.45 | 787.35 | 793.31 | 90,228 | 48.8% |
| 16 Oct 2026 | 786.90 | 810.10 | 779.50 | 805.40 | 801.23 | 3,11,117 | 55.1% |
| 15 Oct 2026 | 806.00 | 808.95 | 785.00 | 786.90 | 796.72 | 1,11,361 | 54.9% |
| 14 Oct 2026 | 813.50 | 815.00 | 798.00 | 804.15 | 803.50 | 1,27,052 | 48.8% |
| 13 Oct 2026 | 807.40 | 810.90 | 797.50 | 809.45 | 805.14 | 84,601 | 53.8% |
| 12 Oct 2026 | 810.70 | 815.05 | 800.10 | 804.85 | 805.98 | 92,358 | 44.7% |
| 9 Oct 2026 | 820.45 | 823.80 | 803.00 | 807.55 | 810.50 | 1,15,818 | 45.4% |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 1 Oct 2008 | Bonus | 0.5000 | Holders received 1 bonus share for every 1 held. |
| 1 Oct 2008 | Split | 0.1000 | Each share became 10. |
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.
About The Ramco Cements
The Ramco Cements Limited makes and sells cement and construction chemicals for residential, commercial, industrial and infrastructure construction. It was incorporated in 1957. Its founder was P.A.C. Ramasamy Raja.
The business has three divisions: cement, construction chemicals and wind farms. The cement range is made in two categories, blended cement and Ordinary Portland Cement (OPC), under product names such as Ramco Supergrade and Ramco Super Coast. The blended range includes Ramco Samudra, made for marine and coastal structures. Ramco 53 Infra Super is made for metro rail and accelerated infrastructure projects. Construction chemicals are sold under the Hard Worker brand, launched in August 2025. These products cover waterproofing, tiling, flooring, masonry, block fixing, repair, grouting and wall-finishing applications.
The company runs 5 integrated cement plants, 6 grinding units, 5 construction chemical plants and 1 packing plant. Its installed cement manufacturing capacity is 26.44 MTPA, or million tonnes per annum. For power, it has 165.79 MW of windfarm capacity, 193 MW of thermal power plant capacity and 53.15 MW of waste heat recovery capacity. It has a presence across South and East India and employs 3,890 people.
The company grew from a single plant in Tamil Nadu. It has two subsidiaries: Ramco Windfarms Limited, which became wholly owned on 21 August 2025, and Ramco Industrial and Technology Services Limited. Its associate companies include Rajapalayam Mills Limited and Ramco Industries Limited.
- Legal name
- The Ramco Cements Limited
- NSE symbol
- RAMCOCEM
- BSE code
- 500260
- ISIN
- INE331A01037
- Industry
- Cement & Cement Products
- Listed
- Jan 1975 on BSE, Apr 1997 on NSE
- Face value
- ₹1
- Former symbols
- MADRASCEM
- CIN
- L26941TN1957PLC003566
- Corporate identity number, the registrar of companies' code for it
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