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Ramco Industries RAMCOIND.NS · INR

Materials · NSE · 🇮🇳 India

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318.40

+1.24%

Close of 9 Nov 2026, in INR

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in INR, from our data supplier.

FY2026

Revenue

₹17.92bn

FY2017FY2026

Net income

₹3.06bn

FY2017FY2026

Free cash flow

₹1.62bn

FY2017FY2026

Shareholders' equity

₹45.22bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue₹17.92bn₹16.50bn₹14.95bn₹14.52bn₹14.57bn₹12.09bn₹9.74bn₹10.30bn₹9.32bn₹8.72bn
Research and development—₹13.2m₹12.0m₹6.1m₹4.5m₹4.5m₹5.1m———
Operating income₹2.20bn₹1.59bn₹1.54bn₹1.56bn₹2.28bn₹1.85bn₹740.4m₹989.7m₹899.8m₹926.1m
Net income₹3.06bn₹1.81bn₹1.06bn₹1.24bn₹3.03bn₹2.79bn₹1.70bn₹1.72bn₹1.76bn₹2.05bn
Diluted earnings per share35.2720.8912.2114.8536.0533.4020.3020.6521.0723.58

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets₹49.77bn₹47.83bn₹45.75bn₹44.65bn₹42.94bn₹39.68bn₹37.13bn₹34.64bn₹33.15bn₹32.63bn
Cash and short-term investments₹1.37bn₹877.6m₹794.3m₹601.5m₹799.9m₹643.3m₹624.7m₹629.5m₹328.4m₹549.0m
Total liabilities₹4.55bn₹5.50bn₹5.14bn₹5.81bn₹5.36bn₹4.84bn₹5.04bn₹4.12bn₹4.30bn₹5.47bn
Debt₹1.71bn₹2.58bn₹2.44bn₹3.10bn₹2.26bn₹1.55bn₹2.40bn₹1.87bn₹2.13bn₹3.36bn
Shareholders' equity₹45.22bn₹42.33bn₹40.61bn₹38.84bn₹37.59bn₹34.84bn₹32.09bn₹30.52bn₹28.85bn₹27.16bn
Shares outstanding87m87m87m83m84m83m84m83m84m87m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations₹2.01bn₹1.32bn₹1.35bn−₹433.0m₹883.3m₹1.90bn₹361.3m₹884.3m₹1.16bn₹467.6m
Capital spending−₹393.0m−₹300.8m−₹409.9m−₹777.9m−₹846.5m−₹604.5m−₹730.7m−₹492.4m−₹334.1m−₹431.3m
Free cash flow₹1.62bn₹1.02bn₹936.8m−₹1.21bn₹36.8m₹1.30bn−₹369.3m₹391.9m₹826.7m₹36.3m
Dividends paid−₹86.8m−₹65.1m−₹86.8m−₹86.7m−₹86.7m−₹86.7m−₹86.7m−₹43.3m−₹53.1m−₹43.3m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue₹6.14bn₹5.02bn₹3.89bn₹3.65bn₹5.27bn₹4.17bn₹3.44bn₹3.49bn
Operating income₹956.0m₹633.5m₹375.1m₹430.7m₹633.4m₹405.5m₹271.8m₹356.9m
Net income₹865.9m₹876.3m₹1.12bn₹409.3m₹656.3m₹357.3m₹888.9m₹168.8m
Diluted earnings per share9.9710.0912.944.737.584.1310.271.95
Cash from operations———₹987.0m—₹1.32bn—₹1.28bn
Capital spending———−₹181.0m—−₹300.0m—−₹185.0m
Free cash flow———₹806.0m—₹1.02bn—₹1.10bn
Total assets—₹49.77bn—₹48.06bn—₹47.83bn—₹45.72bn
Cash and short-term investments₹1.37bn₹1.37bn₹972.3m₹991.6m₹877.6m₹877.6m₹906.3m₹923.1m
Debt—₹1.69bn—₹1.74bn—₹2.56bn—₹1.30bn
Shareholders' equity₹45.22bn₹45.22bn₹43.51bn₹43.51bn₹42.33bn₹42.33bn₹41.10bn₹41.10bn

Financial ratios

Data as of 25 Sept 2026

FY2026FY2025FY2024FY2023FY2022FY2021FY2020
Operating margin12.3%9.6%10.3%10.8%15.6%15.3%—
Net margin17.1%11.0%7.1%8.5%20.8%23.1%—
Return on equity6.8%4.3%2.6%3.2%8.1%8.0%—
Return on assets6.2%3.8%2.3%2.8%7.1%7.0%—
Free cash flow yield8.6%5.9%6.3%1.3%6.4%9.4%—
Revenue growth8.6%10.4%3.0%-0.4%20.5%24.2%—
Earnings growth69.3%71.1%-14.7%-59.1%8.6%64.4%—
Current ratio2.55x2.10x1.85x1.65x1.49x1.53x—
Debt to equity0.04x0.06x0.06x0.08x0.06x0.04x—
Equity ratio90.9%88.5%88.8%87.0%87.5%87.8%—
Interest coverage12.95x9.35x6.15x7.45x26.33x19.38x—
R&D as a share of sales—0.1%0.1%0.0%0.0%0.0%0.1%
Buybacks as a share of market value-0.3%-0.1%-3.7%0.6%-0.6%0.1%—

Growth per year

Compound annual rate

3 years5 years10 years
Revenue7.3%8.2%7.6%
Operating income12.1%3.5%14.2%
Net income35.2%1.9%4.8%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin11.0%10.8%12.2%11.0%
Net margin14.2%11.2%14.3%16.1%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings8.914.922.214.64.47.511.19.210.512.3
Price to sales1.51.61.61.30.91.71.91.62.02.9

Dividends and splits

Per share, in the currency the company pays

Paid for 25 years. Last went ex-dividend on 13 Aug 2026.

FY2027FY2026FY2025FY2024FY2023FY2021FY2020FY2019
Paid in the year1.251.000.751.001.001.001.000.50

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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