More about The Ramco Cements Limited
Fundamentals for The Ramco Cements Limited
Regulatory Filings for The Ramco Cements Limited
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Fundamentals for The Ramco Cements Limited
Business Operations:
Sector: Basic MaterialsIndustry: Building Materials
The Ramco Cements Limited manufactures and sells cement, ready mix concrete, and dry mortar products in India. The company offers blended and ordinary Portland cements; ready mix concrete; and dry mortar products, including tile fix, super plaster, water proof compound, block fix, and tile grout under the RAMCO brand. It also offers construction solutions for housing projects, apartments/institutions, public infrastructure projects, and industrial projects; and technical assistance and after sales support to builders and customers. In addition, the company involved in the generation and sale of electricity from windmills and thermal power plants; manpower supply; transportation of goods by road; and information technology services. It also exports its products to Maldives and Myanmar. The company was formerly known as Madras Cements Ltd. and changed its name to The Ramco Cements Limited in July 2013. The Ramco Cements Limited was incorporated in 1957 and is headquartered in Chennai, India.
Revenue projections:
Revenues for RAMCOCEM are expected to drop compared to the previous year, which could be a cause for concern for investors. A decline in earnings may negatively impact the company's profitability, leading cautious investors to reconsider their positions, as it often signals challenges in overall financial health.
Financial Ratios:
| currentRatio | 0.000000 |
|---|---|
| forwardPE | 36.486423 |
| debtToEquity | 62.153000 |
| earningsGrowth | 1.140000 |
| revenueGrowth | 0.062000 |
| grossMargins | 0.539930 |
| operatingMargins | 0.045060 |
| trailingEps | 24.340000 |
| forwardEps | 26.472860 |
RAMCOCEM's forward EPS being higher than its trailing EPS suggests that the company is expected to generate stronger profits this year. This points to improving financial performance, with RAMCOCEM anticipated to deliver better earnings than it did in the prior year.
Price projections:
The price of RAMCOCEM has remained consistently close to the lower limit of projections. This ongoing pattern raises concerns about the stock's performance and may reflect market hesitance regarding the company's growth prospects.
Recommendation changes over time:
Analysts have developed a sell bias for RAMCOCEM, urging caution for investors. It's essential to base investment decisions on multiple market indicators to avoid hasty conclusions. Relying on a broader scope of information will provide a more accurate assessment of RAMCOCEM's overall potential.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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