Ramco Inds. Share Price ₹328 | P/E 9.4

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Ramco Inds.

Quarter-by-quarter operating performance

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales +	350	487	316	334	365	543	353	344	423	527	365	392	502
Expenses +	316	433	287	300	325	486	312	307	379	459	313	345	437
Operating Profit	34	54	29	34	40	57	41	37	44	68	52	47	65
OPM %	10%	11%	9%	10%	11%	10%	12%	11%	10%	13%	14%	12%	13%
Other Income +	7	4	3	3	4	3	3	4	6	3	4	3	13
Interest	7	6	6	7	6	4	3	4	5	5	4	5	4
Depreciation	9	9	9	9	10	9	9	9	9	9	9	9	9
Profit before tax	25	43	18	20	28	47	33	27	35	57	43	36	64
Tax %	-73%	23%	56%	36%	30%	23%	60%	43%	19%	20%	53%	40%	25%
Net Profit +	58	40	-4	26	44	39	17	89	36	66	41	112	88
EPS in Rs	6.73	4.56	-0.48	3.04	5.05	4.54	1.94	10.24	4.11	7.56	4.71	12.91	10.09

Financials of Ramco Inds.

Annual income statement trend

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Sales +	863	865	881	932	1,036	974	1,209	1,460	1,458	1,501	1,659	1,792
Expenses +	783	785	764	814	909	871	1,014	1,234	1,305	1,345	1,479	1,560
Operating Profit	80	80	117	118	128	103	195	226	152	157	179	232
OPM %	9%	9%	13%	13%	12%	11%	16%	15%	10%	10%	11%	13%
Other Income +	21	43	22	44	24	46	22	8	24	14	15	23
Interest	38	40	34	22	15	15	10	9	21	25	17	18
Depreciation	25	25	26	28	29	31	33	33	34	37	36	37
Profit before tax	39	57	79	112	107	103	175	193	122	109	142	200
Tax %	7%	-0%	30%	30%	30%	33%	34%	34%	12%	33%	34%	32%
Net Profit +	90	192	205	176	172	170	279	303	124	106	181	306
EPS in Rs	10.39	22.21	23.63	20.31	19.89	19.56	32.16	34.95	14.28	12.18	20.84	35.27
Dividend Payout %	3%	2%	2%	2%	3%	3%	3%	3%	7%	6%	5%	4%

Financials of Ramco Inds.

Capital structure and asset base

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	9	9	9	9	9	9	9	9	9	9	9	9
Reserves	602	2,514	2,707	2,877	3,044	3,201	3,475	3,750	3,875	4,052	4,224	4,342
Borrowings +	413	363	336	213	187	238	152	224	308	242	256	174
Other Liabilities +	140	173	211	217	224	266	332	312	273	254	294	282
Total Liabilities	1,164	3,059	3,263	3,315	3,464	3,713	3,968	4,294	4,465	4,556	4,783	4,806
Fixed Assets +	407	407	424	424	443	467	472	523	563	565	559	549
CWIP	10	22	11	10	5	21	36	19	12	6	5	13
Investments	261	2,129	2,270	2,366	2,477	2,602	2,817	3,053	3,058	3,172	3,340	3,388
Other Assets +	487	501	558	515	539	624	643	699	832	813	879	856
Total Assets	1,164	3,059	3,263	3,315	3,464	3,713	3,968	4,294	4,465	4,556	4,783	4,806

Financials of Ramco Inds.

Operating, investing and financing cash movement

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	89	79	47	126	88	36	190	88	-43	135	132
Cash from Investing Activity +	-15	6	-9	13	-33	-63	-73	-138	-27	-21	-107
Cash from Financing Activity +	-77	-57	-48	-150	-36	27	-104	63	54	-100	-11
Net Cash Flow	-3	28	-9	-12	20	0	14	13	-17	14	14
Free Cash Flow	69	40	58	127	45	-30	136	21	-109	102	104
CFO/OP	113%	95%	27%	101%	62%	45%	103%	45%	-24%	92%	81%

Financials of Ramco Inds.

Working capital efficiency and return ratios

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	30	30	30	35	33	31	28	23	15	17	22
Inventory Days	195	202	256	207	194	264	217	203	273	262	232
Days Payable	28	50	46	36	33	50	48	26	11	13	17
Cash Conversion Cycle	198	183	239	206	194	246	197	200	277	267	237
Working Capital Days	14	13	11	49	34	36	43	33	62	70	78
ROCE %	7%	4%	3%	4%	4%	3%	5%	5%	3%	3%	4%

Ramco Inds. Share Price & Earnings Call Analysis