The Ramco Cements stock analysis 2026 | Price, valuation & outlook

The Ramco Cements

NSEI:RAMCOCEM

Rp 928,30

Rp0,00 (0,00%)

928,30 Rp

Rp0,00 (0,00%)

End-of-day quote: 03/27/2026

The Ramco Cements Stock Value

Analysts currently rate NSEI:RAMCOCEM as Hold.

Hold

The Ramco Cements Company Info

EPS Growth 5Y

-28,20%

Market Cap

Rp219,35 B

Long-Term Debt

Rp33,79 B

Annual earnings

05/16/2026 (E)

Dividend

Rp2,04

Dividend Yield

0,22%

Founded

1957

Industry

Materials

Country

India

Website

The Ramco Cements

ISIN Number

INE331A01037

Website

http://www.ramcocements.in

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Rp1.045,00

12.57%

Last Update: 03/29/2026

Analysts: 30

Highest Price Target Rp1.394,00

Average Price Target Rp1.045,00

Lowest Price Target Rp665,00

In the last five quarters, The Ramco Cements’s Price Target has risen from Rp725,11 to Rp912,19 - a 25,80% increase. Twenty One analysts predict that The Ramco Cements’s share price will increase in the coming year, reaching Rp1.045,00. This would represent an increase of 12,57%.

Top growth stocks in the materials sector (5Y.)

What does The Ramco Cements do?

The Ramco Cements Limited is a player in the cement manufacturing industry. The company operates in a competitive sector, where it has established a reputation for producing cement and cementitious materials. Business Segments The company operates through several key business segments that collectively contribute to its overall success in the cement industry. The primary segments include cement manufacturing, ready-mix concrete production, and dry mix mortar. Each segment plays a vital role in...

Business Segments

The company operates through several key business segments that collectively contribute to its overall success in the cement industry. The primary segments include cement manufacturing, ready-mix concrete production, and dry mix mortar. Each segment plays a vital role in the company’s operations, allowing it to cater to the diverse needs of its customers and enhance its market presence.

In the cement manufacturing segment, the company produces a range of cement types, including Ordinary Portland Cement (OPC), which is widely used in various construction applications. The company also manufactures Portland Pozzolana Cement (PPC), known for its durability and resistance to environmental factors, making it suitable for infrastructure projects. Additionally, the production of Sulphate Resisting Cement (SRC) caters to specialized applications where resistance to sulphate attack is critical.

The ready-mix concrete segment represents a significant aspect of the company’s business model. By offering ready-mix concrete, the company provides customers with a convenient and efficient solution for construction projects.

The dry mix mortar segment complements the company’s product offerings, allowing the company to address the growing demand for pre-mixed construction materials. This segment includes products such as tile adhesives, plaster, and other specialized mortars that enhance the efficiency of construction activities.

Business Strategy

The company employs a strategic approach that focuses on sustainable growth and innovation. The company’s strategy is centered around several key pillars, including enhancing operational efficiency, expanding market reach, and fostering a culture of continuous improvement.

The company places significant emphasis on expanding its market presence. The company actively seeks opportunities to enter new geographical markets and strengthen its distribution network. By leveraging strategic partnerships and collaborations, the company aims to enhance its brand visibility and reach a broader customer base.

The company’s commitment to research and development is another crucial aspect of its business strategy. The company focuses on developing innovative products that meet the evolving needs of the construction industry. By investing in R&D, the company aims to stay ahead of market trends and provide customers with solutions that enhance construction efficiency and sustainability.

Products and Services

The company offers a diverse range of products and services tailored to meet the needs of the construction industry. The company’s primary offerings include various types of cement, ready-mix concrete, and dry mix mortar.

In the cement product line, the company produces Ordinary Portland Cement (OPC), which is widely utilized in general construction applications. The company also manufactures Portland Pozzolana Cement (PPC), known for its enhanced durability and resistance to environmental factors, making it suitable for infrastructure projects. Additionally, the production of Sulphate Resisting Cement (SRC) addresses specialized requirements in construction where resistance to sulphate attack is essential.

The ready-mix concrete segment of the company provides customers with a convenient solution for construction projects. The company emphasizes quality control and timely delivery, ensuring that customers receive ready-mix concrete that meets their specifications. This segment is characterized by its focus on customer satisfaction and support throughout the construction process.

The dry mix mortar segment complements the company’s product offerings by providing pre-mixed construction materials. This includes a variety of products such as tile adhesives, plaster, and specialized mortars that enhance construction efficiency. By offering these products, the company addresses the growing demand for ready-to-use construction solutions, allowing customers to achieve better results in their projects.

Geographical Markets Served

The company serves a wide range of geographical markets, primarily focusing on regions within India. The company has established a robust distribution network that enables it to reach customers across various states and territories. This extensive market presence allows the company to cater to the diverse needs of its clientele, including individual builders, contractors, and large-scale construction firms.

Seasonality

The company experiences certain seasonal trends that influence its business operations. The demand for cement and construction materials typically fluctuates based on various factors, including weather conditions, construction cycles, and economic activity. The company recognizes these seasonal variations and strategically plans its production and distribution activities to align with market demand.

During peak construction seasons, which often coincide with favorable weather conditions, the company witnesses an increase in demand for its products. The company prepares for these periods by optimizing its production capacity and ensuring that its distribution network is equipped to meet heightened customer needs.

Customers

The company serves a diverse customer base that includes individual builders, contractors, and large-scale construction firms. The company’s commitment to quality and customer satisfaction has enabled it to build strong relationships with its clientele. The company caters to various segments within the construction industry, providing tailored solutions to meet the unique requirements of each customer.

Sales and Marketing

The company employs a multifaceted approach to sales and marketing, leveraging various channels to reach its target customers. The company utilizes direct sales, distribution partnerships, and digital marketing strategies to promote its products and services.

In direct sales, the company engages with customers through its sales team, providing personalized support and guidance throughout the purchasing process. This approach allows the company to build strong relationships with clients and understand their specific needs.

The distribution partnerships play a crucial role in expanding the company’s market reach. The company collaborates with distributors and retailers to ensure that its products are readily available to customers across different regions. This extensive distribution network enhances the company’s visibility and accessibility in the market.

Digital marketing strategies are increasingly integrated into the company’s marketing efforts. The company utilizes online platforms to promote its products, engage with customers, and provide valuable information about its offerings. This digital presence allows the company to connect with a broader audience and enhance its brand recognition.

History

The company was founded in 1957. The company was incorporated in 1957. The company was formerly known as Madras Cements Ltd. and changed its name to The Ramco Cements Limited in July 2013.

The Ramco Cements Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Industry Revenue Breakdown:** - Cement production: approx. 85% - Building materials and solutions: approx. 10% - Other: approx. 5% **TOP 3 Markets:** 1. India: approx. 70% 2. Middle East: approx. 15% 3. Southeast Asia: approx. 10% The Ramco Cements Limited generates the majority of its revenue f...

At which locations are the company’s products manufactured?

**Production sites of The Ramco Cements Limited:** 1. **Tamil Nadu** 2. **Andhra Pradesh** 3. **Karnataka** 4. **Odisha** The Ramco Cements Limited operates multiple production facilities in India, mainly in the southern states of Tamil Nadu, Andhra Pradesh, Karnataka, and Odisha. This strategic d...

What strategy does The Ramco Cements pursue for future growth?

**Revenue Growth:** Estimated 10-12% annually (2026) **Capacity Expansion:** Planned increase by 20% by 2026 The Ramco Cements Limited is pursuing a growth strategy focused on capacity expansions and geographical expansion. The company plans to increase its production capacities by approximately 20...

Which raw materials are imported and from which countries?

**Main imported raw materials:** Coal, clinker, gypsum **Countries of origin:** - **Coal:** Australia, Indonesia, South Africa - **Clinker:** Middle East, Vietnam - **Gypsum:** Oman, Thailand The Ramco Cements Limited imports various raw materials essential for cement production. Coal is mainly so...

How strong is the company’s competitive advantage?

**Market share in India:** Approximately 8% (2023) **EBITDA margin:** 23% (2023) **Capacity utilization:** 75% (2023) The Ramco Cements Limited has a significant competitive advantage in the Indian cement industry, which is manifested through several factors. With a market share of approximat...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** approximately 30% (estimated for 2026 based on historical data and market trends) **Insider Purchases/Sales:** No significant transactions known (as of 2026) The institutional investor share in The Ramco Cements Limited traditionally stands at around 30%, indicati...

What percentage market share does The Ramco Cements have?

**Market share of The Ramco Cements Limited:** Estimated 8-10% (2026) **Main competitors and their market shares:** 1. **UltraTech Cement:** approx. 23-25% 2. **Shree Cement:** approx. 10-12% 3. **Ambuja Cements:** approx. 9-11% 4. **ACC Limited:** approx. 8-10% 5. **Dalmia Bharat:** approx. 7-9%...

Is The Ramco Cements stock currently a good investment?

**Revenue Growth:** 8.5% (2025) **EBITDA Margin:** 22.3% (2025) **Debt Ratio:** 0.45 (2025) The Ramco Cements Limited recorded a revenue growth of 8.5% in 2025, attributed to strong demand for cement in India and successful expansion into new markets. The EBITDA margin of 22.3% indicates that the c...

Does The Ramco Cements pay a dividend – and how reliable is the payout?

**Dividend Yield:** 1.5% (estimated for 2026) **Dividend History:** Regular payouts over the past five years The Ramco Cements Limited has consistently distributed dividends in recent years, indicating a reliable dividend policy. The estimated dividend yield of 1.5% for 2026 is based on historica...

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The Ramco Cements Stock Value

The Ramco Cements Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the materials sector (5Y.)

What does The Ramco Cements do?

The Ramco Cements Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

The Ramco Cements Stock Value

The Ramco Cements Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the materials sector (5Y.)

What does The Ramco Cements do?

The Ramco Cements Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.