# The Ramco Cements share price today (The Ramco Cements Ltd, NSE: RAMCOCEM) > The Ramco Cements share price today: ₹771.05 at the NSE close on 4 November 2026, down 25.4% in a year. The Ramco Cements (NSE: RAMCOCEM) is worth ₹18,211 crore, trades at a P/E of 95.5 and has closed between ₹719.65 and ₹1,164.30 over the past 52 weeks. > The Ramco Cements Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. RAMCOCEM · Cement · data as of 4 November 2026. Page: https://www.sectoralpha.in/stocks/the-ramco-cements-ltd Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Business trend: Getting better, from the last 12 quarters - Price: ₹771.05 (−25.4% in a year) - P/E: 95.5× (higher than 86% of the last 11 years) - Revenue (Jun 2026): ₹2,273 Cr (+9.6% on a year ago) - Profit (Jun 2026): ₹31.0 Cr (−63.5% on a year ago) - Operating margin: 13.0% (−6.0 points on a year ago) - ROCE: 6%, FY26 - ROIC: 4.1%, against a 12.0% cost of capital: −7.9 points The main question: yearly earnings per share moved +156.2% while the share price moved −25.4%. ## What is the The Ramco Cements share price today? The Ramco Cements Ltd's share price was ₹771.05 at the close on 4 November 2026. It has been falling for 28 weeks. That is 15.7% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹720 and ₹1,164, and at that close it sat 12% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 12 weeks running. Over the last 11 years the share price moved +116% while the NIFTY 500 moved +257%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 14 August 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at The Ramco Cements this quarter? Three changes stood out: profit fell in the June 2026 quarter, indian funds and insurers (DIIs) raised their stake for 3 quarters in a row and revenue up on a year earlier for 4 quarters in a row. 1. Profit fell in the June 2026 quarter Profit was ₹31 crore, -63.5% on a year earlier (₹85 crore), after 4 quarters of growth. 2. Indian funds and insurers (DIIs) raised their stake for 3 quarters in a row From 28.2% to 30.1% of the company by the September 2026 quarter. 3. Revenue up on a year earlier for 4 quarters in a row In the June 2026 quarter revenue was ₹2,273 crore, +9.6% on a year earlier. ## What are The Ramco Cements' latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), The Ramco Cements reported revenue of ₹2,273 crore, up 9.6% from ₹2,074 crore a year earlier, and a profit of ₹31.0 crore, down 63.5% from ₹85.0 crore. ### The Ramco Cements results: April to June 2026 against a year earlier | Measure | April to June 2026 | April to June 2025 | Change | | --- | --- | --- | --- | | Revenue | ₹2,273 crore | ₹2,074 crore | +9.6% | | Profit | ₹31.0 crore | ₹85.0 crore | −63.5% | | Earnings per share | ₹1.32 | ₹3.60 | −63.3% | | Operating margin | 13.0% | 19.0% | −6.0 points | The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.) ## What is the The Ramco Cements share price history? The Ramco Cements closed at ₹771.05 on 4 November 2026, down 25.4% from ₹1,033.50 a year earlier (7 November 2025) and down 29.0% over five years. Its highest weekly close since February 2016 was ₹1,160.90 on 6 February 2026. ### The Ramco Cements share price: then and now | When | Close | Change to 4 Nov 2026 | | --- | --- | --- | | 1 week ago · 30 Oct 2026 | ₹719.65 | +7.1% | | 1 month ago · 1 Oct 2026 | ₹830.85 | −7.2% | | 6 months ago · 8 May 2026 | ₹959.50 | −19.6% | | 1 year ago · 7 Nov 2025 | ₹1,033.50 | −25.4% | | 3 years ago · 3 Nov 2023 | ₹983.60 | −21.6% | | 5 years ago · 4 Nov 2021 | ₹1,086.60 | −29.0% | | 10 years ago · 4 Nov 2016 | ₹601.30 | +28.2% | | Earliest and lowest weekly close in our records · 26 Feb 2016 | ₹356.85 | +116.1% | | Highest weekly close since February 2016 · 6 Feb 2026 | ₹1,160.90 | −33.6% | | 52-week high (weekly close) · 17 Feb 2026 | ₹1,164.30 | −33.8% | | 52-week low (weekly close) · 30 Oct 2026 | ₹719.65 | +7.1% | Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (562 weekly closes from 26 February 2016 to 4 November 2026.) ## What is the latest news on The Ramco Cements? 4 Nov 2026: The Ramco Cements closed at ₹771.05, up 7.1% on the week and down 7.2% on the month. 13 Aug 2026: ex-date for a dividend of ₹2.50 a share. ### Earlier - Results for April to June 2026: Revenue up 9.6% and profit down 63.5% on a year earlier. ## What dividend does The Ramco Cements pay? The Ramco Cements paid ₹2.50 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.32% at the ₹771.05 close on 4 November 2026. The last was a dividend of ₹2.50 a share, ex-date 13 August 2026. ### The Ramco Cements dividends since 1 April 2021 | Ex-date | Dividend per share | Type | Record date | | --- | --- | --- | --- | | 13 Aug 2026 | ₹2.50 | Dividend | same day | | 6 Aug 2025 | ₹2 | Dividend | same day | | 9 Aug 2024 | ₹2.50 | Dividend | same day | | 3 Aug 2023 | ₹2 | Dividend | same day | | 2 Aug 2022 | ₹3 | Dividend | 3 Aug 2022 | Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 4 of 5 Of the last 5 financial years, years with an NSE dividend record Yes. The Ramco Cements Ltd paid out 8% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years. (From the NSE corporate-actions record, read 5 November 2026.) ## Which stock lists is The Ramco Cements on? The Ramco Cements is on 2 of our India lists: 52 week high & low and Small & mid cap stocks. - [52 week high & low 52-week position: At 52-week low](https://www.sectoralpha.in/52-week-high-stocks-india) - [Small & mid cap stocks Size rank in India: 387](https://www.sectoralpha.in/small-cap-stocks-india) ## Is The Ramco Cements profitable? The Ramco Cements Ltd earned ₹31.0 Cr of net profit in the Jun 2026 quarter, −63.5% on the same quarter a year earlier. Full-year FY26 profit was ₹699 Cr. Over 10 years profit has grown 2.5% a year on average. That is 1.4% of the quarter's revenue. The same quarter a year earlier earned ₹85.0 Cr. For the full year, FY26 profit was ₹699 Cr (+158.9% on the year before). Why profit moved: revenue changed +9.6% on a year earlier and the margin moved −6.0 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed +182.4% and revenue +8.6%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. ## How much revenue does The Ramco Cements make, and is it growing? The Ramco Cements Ltd reported ₹2,273 Cr of revenue in the Jun 2026 quarter, +9.6% on the same quarter a year earlier. That is the 4th quarter in a row with growth on the year before. Over 10 years it has grown 9.7% a year on average. The last full year, FY26, came in at ₹9,029 Cr. The last four reported quarters add to ₹9,228 Cr. FY26 revenue was ₹9,029 Cr, +6.0% on the year before. Recent pace: the last four quarters grew +8.6% on average, against 9.7% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +8.6%, against +0.0% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +102.5%, against +42.1% a year (accelerating). ## How much of every ₹100 of sales does The Ramco Cements keep? The Ramco Cements Ltd's operating margin was 13.0% in the Jun 2026 quarter, 6.0 percentage points lower than the same quarter a year ago. Across 13 years it has been between 14.0% and 30.0%. The latest quarter is below every full year in that period. Why the margin moved: operating margin changed −5.7 percentage points on the year while gross margin changed −3.7 points. So the drop came mostly from the gross margin, which means input costs and prices charged. ## Is The Ramco Cements' profit turning into cash? Over the last 3 years, 370% of The Ramco Cements Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹1,611 Cr of operating cash against ₹699 Cr of profit. After ₹918 Cr of spending on assets, ₹693 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 370% of profit came in as cash: the cash cycle got 125 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner. What to look at next: the bigger use of cash is spending on new assets, at 1.8× depreciation over three years. The next section checks what that spending is building. ## Where does The Ramco Cements' cash go? The Ramco Cements Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 0 days in FY26, down from 125 days in FY21. It spent ₹3,807 Cr on assets over the last 3 years. Customers take 32 days to pay, and stock sits for 196 days on average. At FY26 sales of ₹9,029 Cr, each day of that cycle ties up about ₹24.7 Cr, so roughly ₹0.0 Cr is tied up in the business at any time. FY26: customers took 32 days to pay and stock sat for 196 days, about 6.4 months of sales sitting as stock, for a full cycle of 0 days, shorter than FY21's 125. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 196 days. Customers pay about 32 days after that. Suppliers are paid at 228 days. Together that makes the 0-day cycle. Spending on assets: ₹3,807 Cr over the last 3 years, against ₹2,081 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹990 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is The Ramco Cements' P/E ratio, and how does it compare with its own history? The Ramco Cements Ltd's P/E is 95.5×, near the high end of its own history: higher than 86% of past readings. Its usual P/E (the middle reading) is 30.7×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +156.2% while the price moved −25.4%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved −6.6% a year; about −29.7% a year came from earnings growth and about +23.1 percentage points from the multiple (the market paying more); over 10 years the price moved +2.5% a year; about −9.9% a year came from earnings growth and about +12.4 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## Is the The Ramco Cements business getting better or worse? The Ramco Cements Ltd's business is getting better. Profit growth hit its low 6 quarters ago at −21.3% and has recovered to +102.5%, with ROCE steady at 7.3%. This is based on 12 quarters of 4 measures. Why it matters: a lasting rise from a low is what this page is built to show. ## How much does The Ramco Cements earn on its capital? The Ramco Cements Ltd earned a ROCE of 6% in FY26. That is up from a low of 5% in FY25. Its return on capital used (ROIC) is 7.9 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 7.7% net margin and 0.54× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 7.7% net margin × 0.54× asset turnover × 2.05× leverage (assets divided by equity) ≈ 8.5% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 4.1% − 12.0% = −7.9 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does The Ramco Cements have too much debt? The Ramco Cements Ltd has total debt of ₹3,877 Cr against shareholder equity of ₹8,094 Cr as of Jun 2026, so its debt is 0.48× its equity. Year by year, that ratio went from 0.60 in FY22 to 0.48 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the The Ramco Cements shareholding pattern? No group of The Ramco Cements Ltd's owners changed its stake by a full percentage point over the last two years. Foreign institutions moved +0.6 points over the same period, to 7.2%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: −0.8 points over 8 quarters, to 30.1%; Foreign institutions: +0.6 points over 8 quarters, to 7.2%; Promoters: +0.3 points over 8 quarters, to 42.5%. ## How far is The Ramco Cements from balance-sheet trouble? For The Ramco Cements Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does The Ramco Cements rank in its industry? 44.2 out of 100, rank 15 of 26 in Cement, with 81% of the evidence available. The Ramco Cements Ltd scores 44.2 out of 100 against the 26 companies it is compared with in Cement, ranking 15. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 21.9 + 11.9 + 1.9 + 8.5 = 44.2. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is The Ramco Cements compared with? The Ramco Cements ranks 15 of 26 Cement companies on the 4-Factor Sector Score, with 44.2 out of 100. 1. [NCL Industries Ltd](https://www.sectoralpha.in/stocks/ncl-industries-ltd) NCLIND · quiet · Most evidence points up · 96% evidence 72.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.2/35 · Revenue 3.7% · Profit 100% · Operating margin change -3 points · 88% evidence Capital efficiency 18.5/25 · ROCE 14.6% · Operating margin 12% · 100% evidence Valuation 20.0/20 · P/E 5.8× · PEG 0.14 · 100% evidence Relative strength 12.7/20 · Lead over its industry 3.5% · Lead over NIFTY 500 -9.2% · 1 year -19.8% · 100% evidence · 0 of 12 weeks ahead Exact sum: 21.2 + 18.5 + 20 + 12.7 = 72.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Star Cement Ltd](https://www.sectoralpha.in/stocks/star-cement-ltd) STARCEMENT · basing · Most evidence points up · 81% evidence 67.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.8/35 · Revenue 14.5% · Profit 55.1% · Operating margin change -4 points · 88% evidence Capital efficiency 22.5/25 · ROCE 16.6% · Operating margin 21% · 100% evidence Valuation 11.9/20 · P/E 18.3× · PEG 1.12 · 100% evidence Relative strength 9.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -14.1% · 1 year -33.4% · 25% evidence · 0 of 12 weeks ahead Exact sum: 23.8 + 22.5 + 11.9 + 9.5 = 67.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Rain Industries Ltd](https://www.sectoralpha.in/stocks/rain-industries-ltd) RAIN · losing its lead · Evidence leans up · 71% evidence 63.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.3/35 · Revenue 17% · Profit 100% · Operating margin change 5 points · 83% evidence Capital efficiency 10.8/25 · ROCE 8.3% · Operating margin 19% · 76% evidence Valuation 11.0/20 · P/E 12.2× · PEG n/a · 15% evidence Relative strength 14.0/20 · Lead over its industry 39.3% · Lead over NIFTY 500 23.4% · 1 year 45.4% · 100% evidence · 9 of 12 weeks ahead Exact sum: 27.3 + 10.8 + 11 + 14 = 63.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [UltraTech Cement Ltd](https://www.sectoralpha.in/stocks/ultratech-cement-ltd) ULTRACEMCO · turning · Evidence leans up · 67% evidence 62.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.0/35 · Revenue 16.9% · Profit 21.1% · Operating margin change 0 points · 95% evidence Capital efficiency 16.9/25 · ROCE 12.7% · Operating margin 16% · 76% evidence Valuation 10.1/20 · P/E 36.6× · PEG n/a · 50% evidence Relative strength 11.2/20 · Lead over its industry n/a · Lead over NIFTY 500 -0.3% · 1 year -7.6% · 25% evidence · 0 of 12 weeks ahead Exact sum: 24 + 16.9 + 10.1 + 11.2 = 62.2 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 5. [JSW Cement Ltd](https://www.sectoralpha.in/stocks/jsw-cement-ltd) JSWCEMENT · basing · Evidence leans up · 60% evidence 59.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.8/35 · Revenue 19.3% · Profit 100% · Operating margin change -4 points · 95% evidence Capital efficiency 12.3/25 · ROCE 11.1% · Operating margin 15% · 76% evidence Valuation 10.4/20 · P/E 20× · PEG n/a · 15% evidence Relative strength 10.8/20 · Lead over its industry n/a · Lead over NIFTY 500 -1.6% · 1 year -15.3% · 25% evidence · 0 of 12 weeks ahead Exact sum: 25.8 + 12.3 + 10.4 + 10.8 = 59.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Birla Corporation Ltd](https://www.sectoralpha.in/stocks/birla-corporation-ltd) BIRLACORPN · basing · Evidence leans up · 85% evidence 53.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.7/35 · Revenue 3.3% · Profit 0.6% · Operating margin change -5 points · 100% evidence Capital efficiency 12.5/25 · ROCE 9.8% · Operating margin 9% · 100% evidence Valuation 18.6/20 · P/E 11.9× · PEG 0.33 · 100% evidence Relative strength 9.4/20 · Lead over its industry n/a · Lead over NIFTY 500 -15.4% · 1 year -34.1% · 25% evidence · 0 of 12 weeks ahead Exact sum: 12.7 + 12.5 + 18.6 + 9.4 = 53.2 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 7. [Shree Cement Ltd](https://www.sectoralpha.in/stocks/shree-cement-ltd) SHREECEM · basing · Evidence leans up · 100% evidence 51.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.2/35 · Revenue 14.3% · Profit -7.7% · Operating margin change -3 points · 100% evidence Capital efficiency 14.4/25 · ROCE 10.3% · Operating margin 17% · 100% evidence Valuation 5.4/20 · P/E 52.4× · PEG 3.8 · 100% evidence Relative strength 15.8/20 · Lead over its industry 9.7% · Lead over NIFTY 500 -3.8% · 1 year -18.8% · 100% evidence · 0 of 12 weeks ahead Exact sum: 16.2 + 14.4 + 5.4 + 15.8 = 51.8 · What this means: Relative strength against the index is -3.8%, and revenue and profit growth are weak. 8. [Mangalam Cement Ltd](https://www.sectoralpha.in/stocks/mangalam-cement-ltd) MANGLMCEM · losing its lead · Evidence leans up · 96% evidence 51.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.1/35 · Revenue 0.5% · Profit 90% · Operating margin change -5 points · 88% evidence Capital efficiency 10.3/25 · ROCE 11% · Operating margin 12% · 100% evidence Valuation 13.9/20 · P/E 18.6× · PEG 0.68 · 100% evidence Relative strength 14.2/20 · Lead over its industry 19.2% · Lead over NIFTY 500 5.3% · 1 year 13% · 100% evidence · 7 of 12 weeks ahead Exact sum: 13.1 + 10.3 + 13.9 + 14.2 = 51.5 · What this means: Relative strength against the index is 5.3%, and revenue and profit growth are weak. 9. [JK Lakshmi Cement Ltd](https://www.sectoralpha.in/stocks/jk-lakshmi-cement-ltd) JKLAKSHMI · quiet · Too little evidence to rank firmly · 56% evidence 49.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.5/35 · Revenue 8.7% · Profit 0.5% · Operating margin change -4 points · 83% evidence Capital efficiency 14.4/25 · ROCE 12% · Operating margin 14% · 76% evidence Valuation 10.8/20 · P/E 14.7× · PEG n/a · 15% evidence Relative strength 8.2/20 · Lead over its industry n/a · Lead over NIFTY 500 -24.9% · 1 year -47.8% · 25% evidence · 0 of 12 weeks ahead Exact sum: 16.5 + 14.4 + 10.8 + 8.2 = 49.9 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 10. [Nuvoco Vistas Corporation Ltd](https://www.sectoralpha.in/stocks/nuvoco-vistas-corporation-ltd) NUVOCO · losing its lead · Evidence leans down · 78% evidence 49.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.4/35 · Revenue 10.6% · Profit 51.5% · Operating margin change 0 points · 100% evidence Capital efficiency 11.2/25 · ROCE 7% · Operating margin 15% · 100% evidence Valuation 4.9/20 · P/E 25.8× · PEG 8.14 · 65% evidence Relative strength 11.6/20 · Lead over its industry n/a · Lead over NIFTY 500 1.5% · 1 year -22.7% · 25% evidence · 5 of 12 weeks ahead Exact sum: 21.4 + 11.2 + 4.9 + 11.6 = 49.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [Orient Cement Ltd](https://www.sectoralpha.in/stocks/orient-cement-ltd) ORIENTCEM · basing · Evidence leans down · 93% evidence 48.2 out of 100 Growth Capital Valuation Relative 12. [India Cements Ltd](https://www.sectoralpha.in/stocks/india-cements-ltd) INDIACEM · basing · Evidence leans down · 75% evidence 47.5 out of 100 Growth Capital Valuation Relative 13. [J K Cements Ltd](https://www.sectoralpha.in/stocks/j-k-cements-ltd) JKCEMENT · quiet · Evidence leans down · 85% evidence 47.3 out of 100 Growth Capital Valuation Relative 14. [K C P Ltd](https://www.sectoralpha.in/stocks/k-c-p-ltd) KCP · basing · Evidence leans down · 63% evidence 46.8 out of 100 Growth Capital Valuation Relative 15. The Ramco Cements Ltd this page RAMCOCEM · quiet · Evidence leans down · 81% evidence 44.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.9/35 · Revenue 8.6% · Profit 100% · Operating margin change -6 points · 88% evidence Capital efficiency 11.9/25 · ROCE 6.1% · Operating margin 13% · 100% evidence Valuation 1.9/20 · P/E 89.2× · PEG 4.14 · 100% evidence Relative strength 8.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -21.1% · 1 year -31.1% · 25% evidence · 0 of 12 weeks ahead Exact sum: 21.9 + 11.9 + 1.9 + 8.5 = 44.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 16. [Dalmia Bharat Ltd](https://www.sectoralpha.in/stocks/dalmia-bharat-ltd) DALBHARAT · quiet · Evidence leans down · 85% evidence 42.2 out of 100 Growth Capital Valuation Relative 17. [HeidelbergCement India Ltd](https://www.sectoralpha.in/stocks/heidelbergcement-india-ltd) HEIDELBERG · quiet · Evidence leans down · 100% evidence 41.7 out of 100 Growth Capital Valuation Relative 18. [ACC Ltd](https://www.sectoralpha.in/stocks/acc-ltd) ACC · quiet · Evidence leans down · 85% evidence 40.4 out of 100 Growth Capital Valuation Relative 19. [Ambuja Cements Ltd](https://www.sectoralpha.in/stocks/ambuja-cements-ltd) AMBUJACEM · basing · Evidence leans down · 82% evidence 35.7 out of 100 Growth Capital Valuation Relative 20. [BIGBLOC Construction Ltd](https://www.sectoralpha.in/stocks/bigbloc-construction-ltd) BIGBLOC · basing · Evidence leans down · 64% evidence 35.2 out of 100 Growth Capital Valuation Relative 21. [Sagar Cements Ltd](https://www.sectoralpha.in/stocks/sagar-cements-ltd) SAGCEM · quiet · Most evidence points down · 64% evidence 34.7 out of 100 Growth Capital Valuation Relative 22. [Deccan Cements Ltd](https://www.sectoralpha.in/stocks/deccan-cements-ltd) DECCANCE · quiet · Most evidence points down · 89% evidence 34.0 out of 100 Growth Capital Valuation Relative 23. [Saurashtra Cement Ltd](https://www.sectoralpha.in/stocks/saurashtra-cement-ltd) SAURASHCEM · quiet · Most evidence points down · 79% evidence 28.1 out of 100 Growth Capital Valuation Relative 24. [Shree Digvijay Cement Co. Ltd](https://www.sectoralpha.in/stocks/shree-digvijay-cement-co-ltd) SHREDIGCEM · quiet · Most evidence points down · 72% evidence 27.2 out of 100 Growth Capital Valuation Relative 25. [Shiva Cement Ltd](https://www.sectoralpha.in/stocks/shiva-cement-ltd) SHIVACEM · Too little evidence to rank firmly · 48% evidence 51.0 out of 100 Growth Capital Valuation Relative 26. [Prism Johnson Ltd](https://www.sectoralpha.in/stocks/prism-johnson-ltd) PRSMJOHNSN · basing · Too little evidence to rank firmly · 49% evidence 44.2 out of 100 Growth Capital Valuation Relative Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Cement](https://www.sectoralpha.in/sectors/cement), all 26 compared on one page. ## Which companies are close to The Ramco Cements in size? The Ramco Cements is the 7th largest of 26 Cement companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: J K Cements, Dalmia Bharat and ACC. Just below it: JSW Cement, Nuvoco Vistas Corporation and India Cements. ### Cement companies close in size 1. [J K Cements Ltd](https://www.sectoralpha.in/stocks/j-k-cements-ltd) ₹36,977 crore 2. [Dalmia Bharat Ltd](https://www.sectoralpha.in/stocks/dalmia-bharat-ltd) ₹24,875 crore 3. [ACC Ltd](https://www.sectoralpha.in/stocks/acc-ltd) ₹21,220 crore 4. The Ramco Cements Ltd ₹17,005 crore 5. [JSW Cement Ltd](https://www.sectoralpha.in/stocks/jsw-cement-ltd) ₹15,747 crore 6. [Nuvoco Vistas Corporation Ltd](https://www.sectoralpha.in/stocks/nuvoco-vistas-corporation-ltd) ₹11,443 crore 7. [India Cements Ltd](https://www.sectoralpha.in/stocks/india-cements-ltd) ₹9,672 crore [All 26 Cement companies, largest first](https://www.sectoralpha.in/sectors/cement#all-companies) ### Companies close in size in other industries 1. [Brigade Enterprises Ltd](https://www.sectoralpha.in/stocks/brigade-enterprises-ltd) ₹17,199 crore · Realty - National 2. [International Gemological Institute Limited](https://www.sectoralpha.in/stocks/international-gemological-institute-limited) ₹17,189 crore · Lab Grown Diamonds 3. The Ramco Cements Ltd ₹17,005 crore 4. [Cohance Lifesciences Ltd](https://www.sectoralpha.in/stocks/cohance-lifesciences-ltd) ₹16,999 crore · Pharma - API & CRAMS 5. [LMW Ltd](https://www.sectoralpha.in/stocks/lmw-ltd) ₹16,977 crore · Textile machinery ## What else do people ask about The Ramco Cements? ### What is The Ramco Cements's share price today? The Ramco Cements Ltd's share price is ₹771.05, −25.4% over the past year. The whole company is worth ₹18,211 Cr on the market. In the last 52 weeks it traded between ₹720 to ₹1,164; today it is 12% of the way up from the low, 15.7% below its 200-day average (as of 4 November 2026). ### What were The Ramco Cements's latest quarterly results? The Ramco Cements Ltd reported revenue of ₹2,273 Cr and net profit of ₹31.0 Cr for the Jun 2026 quarter. Revenue rose 9.6% and profit fell 63.5% compared with a year earlier. Earnings per share were ₹1.32. The operating margin was 13.0%, 6.0 percentage points lower than a year earlier (as of 4 November 2026). ### What is The Ramco Cements's market cap? The Ramco Cements Ltd's market capitalisation is ₹18,211 Cr at a share price of ₹771.05. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026). ### How is The Ramco Cements performing? The Ramco Cements Ltd's share price has been falling for 28 weeks. In its latest quarter, revenue rose 9.6% and profit fell 63.5% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 12 weeks running (as of 4 November 2026). ### Will The Ramco Cements's share price go up? This page does not forecast The Ramco Cements Ltd's share price. What it shows instead: the share price is ₹771.05, and it has been falling for 28 weeks. Its P/E of 95.5× is higher than 86% of its own last 11 years (as of 4 November 2026). ### Who owns The Ramco Cements? Promoters own 42.5% of The Ramco Cements Ltd, foreign institutions 7.2%, domestic institutions 30.1% and the public 16.8% (latest quarter). No group of owners changed its stake by a full point over the last two years (as of 4 November 2026). ### Does The Ramco Cements have too much debt? The Ramco Cements Ltd has a moderate amount of debt: its debt is 0.48× its equity, and its operating profit is 3 times its interest bill. FY26 borrowings were ₹3,871 Cr against equity of ₹8,094 Cr. Keep that borrowing in mind when reading the returns on this page (as of 4 November 2026). ### Where is The Ramco Cements in its business cycle? The Ramco Cements Ltd's FY26 operating margin was 16.0%, against a 13-year range of 14.0% to 30.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 13.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026). ### What could break the The Ramco Cements story? The main question: yearly earnings per share moved +156.2% while the share price moved −25.4%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026). ### Is The Ramco Cements a stock worth studying right now? What the numbers show: The Ramco Cements Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026). ## Lists - 52 week high & low: https://www.sectoralpha.in/52-week-high-stocks-india - Small & mid cap stocks: https://www.sectoralpha.in/small-cap-stocks-india This is research, not advice. We’re not SEBI-registered.