Arthneeti
The Ramco Cements Ltd Q2 FY27 results are out (Jul–Sep 2026) →Revenue ₹2,463 Cr +10% YoYSee revenue, profit and what management said. You are viewing Q2 FY26.
TR

The Ramco Cements Ltd

Q2 FY26Cement & Cement Products

The Ramco Cements Q2 FY26: Revenue ₹2,241.89 Cr, PAT ₹75.8 Cr

Q2 FY26 investor presentation: what the company reported on revenue, margins and capex.

Revenue
₹2,239Cr
+9.5% YoY
+8% QoQ
Net profit
₹78Cr
+200% YoY
−8.2% QoQ
Margin
17%
+2 pp YoY
−2 pp QoQ

The Ramco Cements Ltd Q2 FY26 key numbers

Revenue
Revenue for 2QFY26 stood at ₹2,241.89 Cr (Standalone) and ₹2,245.28 Cr (Consolidated), up 9% YoY from ₹2,049.50 Cr (Standalone) and ₹2,053.94 Cr (Consolidated) in 2QFY25.

As stated in The Ramco Cements Ltd's Q2 FY26 investor presentation · published 24 Sept 2026. Reported figures, not investment advice.

Based on The Ramco Cements Ltd's Q2 FY26 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the investor presentation reports, not management guidance.

Price₹872
Market cap₹20.6K Cr
P/E107.8

The short version

Revenue for 2QFY26 stood at ₹2,241.89 Cr (Standalone) and ₹2,245.28 Cr (Consolidated), up 9% YoY from ₹2,049.50 Cr (Standalone) and ₹2,053.94 Cr (Consolidated) in 2QFY25 (Pages 8, 13). EBITDA (2QFY26): ₹394 crore, up 22% YoY (₹323 crore in 2QFY25) - Operating Margin (EBITDA Ratio): 18% in 2QFY26, increased from 16% in 2QFY25 - Profit After Tax (PAT, 2QFY26): ₹75.8 crore, up 191% YoY (₹25.6 crore in 2QFY25) - Profit Before Tax (PBT, 2QFY26): ₹100.24 crore, up 187% YoY (₹34.97 crore in 2QFY25)

From The Ramco Cements Ltd's Q2 FY26 earnings-call transcript · updated 24 Sept 2026.

Revenue & Sales Performance

  • Revenue for 2QFY26 stood at ₹2,241.89 Cr (Standalone) and ₹2,245.28 Cr (Consolidated), up 9% YoY from ₹2,049.50 Cr (Standalone) and ₹2,053.94 Cr (Consolidated) in 2QFY25 (Pages 8, 13).
  • Cement sales volume for 2QFY26 was 44.00 lac tons, nearly flat compared to 44.02 lac tons in 2QFY25 (Page 6).
  • Construction Chemicals sales volume for 2QFY26 was 1.48 lac tons, up from 0.86 lac tons in 2QFY25 (Page 6).
  • Overall cement demand growth is subdued due to early monsoon/excess rainfall and run-up to GST 2.0 (Page 5).

Profitability & Margins

EBITDA (2QFY26): ₹394 crore, up 22% YoY (₹323 crore in 2QFY25)

Locked: what The Ramco Cements Ltd said on margins

Also locked on this page: fundraising, order book

Free account, 30 seconds. No card needed.

Capital Expenditure Plans

  • Cement capacity target of 30 MTPA by March 2026 through commissioning of 2nd line in Kolimigundla and de-bottlenecking/adding grinding capacities with minimal capex.
  • FY26 capex estimated at ₹1,200 Crores.
  • ₹501 Crores monetized from targeted ₹1,000 Crores non-core asset sales; balance to be monetized soon after approvals.
  • WHRS plant (10 MW) commissioned in Ramasamy Raja Nagar in Sep-25.
  • WHRS plant (15 MW) at Kolimigundla expected to be commissioned along with Kiln Line-2 in FY27.

2 more points from The Ramco Cements Ltd's call on capex

Create a free account to keep reading this call

Top-ranked in Cement & Cement Products

Ranked on what management guided this quarter

Guidance-ranked
1Grasim Inds
Rev 1Mar 3
2J K Cements
Rev 2Mar 3
3
Rev 2Mar 3
4
Rev 2Mar 3
5
Rev 3Mar 1
Sign up free to see 3 moreTakes 30 seconds · no cardSign up

Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

Interest-bearing borrowings increased slightly from ₹4,595.20 Crores (31-03-2025) to ₹4,635.88 Crores…

Locked: what The Ramco Cements Ltd said on fundraising

Also locked on this page: margins, order book

Free account, 30 seconds. No card needed.

Order Book & Pipeline

See what The Ramco Cements Ltd said on order book & pipeline — free account, 30 seconds.

The Ramco Cements Ltd — Quarterly revenue & net profit

Revenue Net profit
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26
Jun 2026Q1 FY27
Sep 2026Q2 FY27

The Ramco Cements Ltd Q2 FY26 results — key figures

The Ramco Cements Ltd Q2 FY26 reported results vs Q2 FY25, ₹ crore
₹ CrQ2 FY26Q2 FY25YoYQ1 FY26QoQ
Revenue2,2392,044+9.5%2,074+8%
Operating profit (EBITDA)388314+23.6%398-2.5%
Operating margin17%15%+2 pp19%-2 pp
Profit before tax10034+194.1%115-13%
Net profit (PAT)7826+200%85-8.2%
EPS (₹)3.271.09+200%3.60-9.2%

Source: reported quarterly figures (Screener), ₹ crore.

Reported quarterly figures (₹ Cr). Latest (Q2 FY27): revenue ₹2.5K Cr, net profit ₹40 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

Continue your research

What The Ramco Cement's management said in earlier quarters

Earlier calls (7)

Others in Cement & Cement Products this season

  • UltraTech Cement (Q2 FY26)

    The company recorded volume growth of 6.8% including acquired assets, and 9.6% excluding India Cements. Key concall takeaways from UltraTech Cement Ltd's Q2…

  • Prism Johnson (Q2 FY26)

    RQBE): ₹1,731 Crores, up 12.6% YoY (Page 21, 22) . Key concall takeaways from Prism Johnson Ltd's Q2 FY26 earnings call — and how it ranks against sector peers.

  • Nuvoco Vistas (Q2 FY26)

    Customer portal now handles over 95% of total orders, enabling real-time order management and increased transparency. Key concall takeaways from Nuvoco Vistas…

  • Star Cement (Q2 FY26)

    80-90 crores from AAC blocks, construction chemicals, and RMC in FY26 and FY27 as part of diversification. Key concall takeaways from Star Cement Ltd's Q2 FY26…

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →

Arthneeti Pro · Annual

The Ramco Cements Ltd and 15K+ more earnings calls,
for less than your morning chai

Every earnings call, ranking and concall Q&A across all four results seasons.

Secure Razorpay payment · instant access

Frequently Asked Questions

What were The Ramco Cements Ltd Q2 FY26 results?

Revenue for 2QFY26 stood at ₹2,241.89 Cr (Standalone) and ₹2,245.28 Cr (Consolidated), up 9% YoY from ₹2,049.50 Cr (Standalone) and ₹2,053.94 Cr (Consolidated) in 2QFY25 (Pages 8, 13). EBITDA (2QFY26): ₹394 crore, up 22% YoY (₹323 crore in 2QFY25) - Operating Margin (EBITDA Ratio): 18% in 2QFY26, increased from 16% in 2QFY25 - Profit After Tax (PAT, 2QFY26): ₹75.8 crore, up 191% YoY (₹25.6 crore in 2QFY25) - Profit Before Tax (PBT, 2QFY26): ₹100.24 crore, up 187% YoY (₹34.97 crore in 2QFY25)

What is The Ramco Cements Ltd share price analysis?

The Ramco Cements Ltd currently shows a neutral. The stock trades at a P/E of 107.8 with a market cap of ₹20,552 Cr. Investors should review the full earnings analysis for detailed insights.

Is The Ramco Cements Ltd planning capital expenditure?

Cement capacity target of 30 MTPA by March 2026 through commissioning of 2nd line in Kolimigundla and de-bottlenecking/adding grinding capacities with minimal capex.

Keep The Ramco Cements Ltd on your radar — track it to get its next earnings analysis in your feed.

This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.