The Ramco Cements Ltd (Cement) — fundamental analysis, earnings data, and key metrics. PE: 115.0. ROE: 1.4%. This stock is not currently in the Nifty 500 momentum outperformers list.
Based on Q3 FY26 earnings • Updated Feb 22, 2026
What: One-time gain from asset monetization already realized in Q3 FY26
Impact: 112.6% PAT impact
“Business Standard: 'Moreover, in Q3FY26, The Ramco Cements "earned ₹506 crores as profit on sale of land"'”
What: High-growth segment showing strong traction
“Business Standard: 'The construction chemical business registered a sale volume of 1.54 lakh tonnes for Q3FY26 as against 0.86 lakh tonnes during Q3FY25, registering a growth of 79 per cent.'”
Earnings deceleration risks from management commentary
Trigger: Continued input cost pressure without price realization
Impact: -404 bps margin impact
Management view: Not explicitly addressed in available sources
Monitor: Q4 operating margin trend
Trigger: Persistent margin pressure in cement industry
Impact: -50 bps margin impact
Management view: Not explicitly addressed in available sources
Monitor: Sequential margin trend
Key quotes from recent conference calls
“During Q3 FY26, the cement sale volume is 4.43 million tonnes, compared to 4.28 million tonnes in Q3 FY25 with a growth of 4 per cent — Company Statement”
“The construction chemical business registered a sale volume of 1.54 lakh tonnes for Q3FY26 as against 0.86 lakh tonnes during Q3FY25, registering a growth of 79 per cent — Company Statement”
“The net debt as on 31-12-2025 is ₹4,145 crore as against ₹4,481 crore as at 31-3-2025. The cost of debt for Q3FY26 is at 7.10 per cent as against 7.89 per cent in Q3FY25 — Company Statement”
“On the capex front, the company incurred Rs 823 crore during the first nine months of FY26, including Rs 222 crore in the December quarter. Full-year FY26 capex is now estimated at Rs 1,100 crore, revised from the earlier estimate of Rs 1,200 crore — Management”
Forward-looking targets from management for FY26
Capex Plan
₹1100 Cr
Key Milestones
• Capex completion of ₹1,100 cr by Q4 FY26
The above analysis is parsed from publicly available earnings call transcripts. This is educational research only — not investment advice. Last updated Feb 22, 2026.
Based on publicly available financial data. This is educational research, not investment advice.
The Ramco Cements Ltd's latest quarterly results (Dec 2025) show
The Ramco Cements Ltd's current PE ratio is 115.0x.
The Ramco Cements Ltd's price-to-book ratio is 2.8x.
The Ramco Cements Ltd's fundamental strength based on key financial ratios
The Ramco Cements Ltd has a debt-to-equity ratio of N/A.
The Ramco Cements Ltd's return ratios over recent years
The Ramco Cements Ltd's operating cash flow is positive (FY2025).
The Ramco Cements Ltd's current dividend yield is 0.22%.
The Ramco Cements Ltd's shareholding pattern (Dec 2025)
The Ramco Cements Ltd's promoter holding has remained stable recently.
The Ramco Cements Ltd is an established outperformer with 1 weeks of consecutive Nifty 500 outperformance.
The Ramco Cements Ltd has 2 key growth catalysts identified from recent earnings analysis
The Ramco Cements Ltd has 2 key risks worth monitoring
In Q3 FY26, The Ramco Cements Ltd's management highlighted
The Ramco Cements Ltd's management has provided the following forward guidance for FY26
Based on quantitative research signals, here is why The Ramco Cements Ltd may be worth studying
The Ramco Cements Ltd investment thesis summary:
The Ramco Cements Ltd's forward outlook based on current data signals
The above FAQs are generated from publicly available earnings data and conference call transcripts. This is educational research only. Sector Alpha is not SEBI registered and does not provide investment advice.
