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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:
RAMCOCEM's revenue projections show a decrease from last year, which tends to make investors more cautious. This could have a negative impact on the company's bottom line, as lower revenues typically suggest reduced profitability and growth potential, prompting concern among investors.
Financial Ratios:
| currentRatio | 0.543000 |
|---|---|
| forwardPE | 29.617556 |
| debtToEquity | 47.827000 |
| earningsGrowth | 4.521000 |
| revenueGrowth | 0.089000 |
| grossMargins | 0.604130 |
| operatingMargins | 0.069960 |
| trailingEps | 29.610000 |
| forwardEps | 31.032270 |
RAMCOCEM's current ratio being 0.543 suggests that the company's current assets and cash reserves may not be enough to meet its short-term debt obligations. This points to possible liquidity challenges, signaling the need for additional funding.
The Ramco Cements Limited's Forward PE is within a good range, showing that the stock price compares well to its earnings. This suggests it isn't overpriced and leaves room for growth, making the stock appealing to investors looking for value and growth opportunities.
RAMCOCEM's forward EPS being higher than its trailing EPS points to expected growth in profitability. This suggests that the company is projected to perform better in the current financial year, with higher earnings forecasted compared to the previous year.
Price projections:
The stock price of RAMCOCEM has frequently been close to the lower end of analysts' projections. This trend indicates potential struggles for the company in achieving the growth anticipated by the market.
Recommendation changes over time:
With analysts showing a sell bias toward The Ramco Cements Limited, it's crucial for investors to approach decisions carefully. It's recommended to consult a broader base of market indicators rather than relying solely on the analysts' bias, as this will offer a more comprehensive view of the stock's prospects.
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