Ramco Industries Ltd: Why Is It Outperforming Nifty 500?

Ramco Industries Ltd's latest quarterly results (Mar 2026) show

• PAT Growth YoY: +144.4% (stable)
• Revenue Growth YoY: +18.7%
• Operating Margin: 13.0% (expanding)

Ramco Industries Ltd's profit is growing with an stable trend.

• PAT Growth YoY: +144.4% (latest quarter)
• PAT Growth QoQ: -21.4% (sequential)
• 3-Year PAT CAGR: +35.1%
• Trend: Stable — consistent growth pattern

Ramco Industries Ltd's revenue growth trend is turning around (inflection up).

• Revenue Growth YoY: +18.7%
• Revenue Growth QoQ: +28.1% (sequential)
• 3-Year Revenue CAGR: +7.1%

Ramco Industries Ltd's operating margin is expanding.

• Current OPM: 13.0%
• OPM Change YoY: +3.0% basis points
• OPM Change QoQ: +1.0% basis points

Ramco Industries Ltd's long-term compounding rates

• 3-Year Profit CAGR: +35.1%
• 3-Year Revenue CAGR: +7.1%

Ramco Industries Ltd's earnings growth is stable with mixed signals on a sequential basis.

• YoY Acceleration: +74.2% bps
• Sequential Acceleration: -71.4% bps

Ramco Industries Ltd's trailing twelve month (TTM) performance

• TTM PAT: ₹307 Cr
• TTM PAT Growth: +69.6% YoY
• TTM Revenue: ₹2,000 Cr
• TTM Revenue Growth: +7.4% YoY
• TTM Operating Margin: 13.0%

Ramco Industries Ltd appears significantly undervalued based on our fair value analysis.

• Valuation Signal: Significantly Undervalued
• Current PE: 9.9x
• Price-to-Book: 0.7x

Ramco Industries Ltd's current PE ratio is 9.9x.

• Current PE: 9.9x
• Market Cap: 3.0K Cr
• Dividend Yield: 0.29%

Ramco Industries Ltd's current PE is 9.9x.

• Current PE: 9.9x
• Valuation Assessment: Significantly Undervalued

Ramco Industries Ltd's price-to-book ratio is 0.7x.

• Price-to-Book (P/B): 0.7x
• Book Value per Share: ₹521
• Current Price: ₹343

Ramco Industries Ltd is rated Strong with a fundamental score of 63.24/100. This score is calculated from objective financial metrics

• Revenue Growth YoY: +18.7% (10% weight)
• PAT Growth YoY: +144.4% (10% weight)
• PAT Growth QoQ: -21.4% (10% weight)
• Margins expanding (10% weight)

Ramco Industries Ltd has a debt-to-equity ratio of N/A.

• Total Debt: ₹169 Cr

Ramco Industries Ltd's return ratios over recent years

• FY2024: ROCE 3.0%
• FY2025: ROCE 4.0%
• FY2026: ROCE 5.0%

Ramco Industries Ltd's operating cash flow is positive (FY2026).

• Cash from Operations (CFO): ₹201 Cr
• Free Cash Flow (FCF): ₹164 Cr
• CFO/PAT Ratio: 66% (adequate)

Ramco Industries Ltd's current dividend yield is 0.29%.

• Dividend Yield: 0.29%
• Current Price: ₹343

Ramco Industries Ltd's shareholding pattern (Mar 2026)

• Promoters: 54.8%
• FII (Foreign): 0.8%
• DII (Domestic): 3.4%
• Public: 41.1%

Ramco Industries Ltd's promoter holding has remained stable recently.

• Current Promoter Holding: 54.8% (Mar 2026)
• Previous Quarter: 54.8% (Dec 2025)
• Change: 0.00% (stable)

Ramco Industries Ltd has been outperforming Nifty 500 for 1 consecutive week, indicating early-stage outperformance.

Ramco Industries Ltd is a new entry this week — it just started outperforming Nifty 500. New entries are worth monitoring for follow-through.

Based on quantitative research signals, here is why Ramco Industries Ltd may be worth studying

• Earnings growing at +144.4% YoY
• Operating margins are expanding — OPM at 13.0%
• Valuation: appears significantly undervalued
• Cash flow is positive — CFO ₹201 Cr

Ramco Industries Ltd investment thesis summary:

Ramco Industries Ltd's forward outlook based on current data signals

• Earnings Trend: stable
• Revenue Trend: turning around (inflection up)
• Margin Trend: expanding
• Valuation: Significantly Undervalued