The Ramco Cements Ltd.
NSE: RAMCOCEMThe Ramco Cements Ltd.: A 30-second snapshot
The Ramco Cements Ltd. (RAMCOCEM) trades at ₹916.25 with a trailing PE of 37.43 and a 6.53% profit margin, sitting 24.56% below its 52-week high and beneath both the 50-DMA (₹969.35) and 200-DMA (₹1,042.67). Debt-to-equity stands at 62.15 with a rising debt trend and FCF positive in only 1 of the available years. Among 6 cement peers, it ranks highest on quality score (44) but its PE of 37.43 is mid-table versus a range of 11.98 (ACC) to 51.44 (Shree Cement).
P/E
37.4
Forward P/E
34.5
ROE
—
Debt / Equity
62.15
Profit Margin
+6.5%
Div. Yield
+0.2%
5Y ROE > 15%
0/5
5Y FCF > 0
1/5
Quality
36/100
Recent context
- ·No news articles were captured for RAMCOCEM in the current data window, leaving recent management commentary, capacity announcements, or regulatory developments unassessed.
- ·Technical resistance levels cluster at ₹970, ₹1,024.45, and ₹1,087 — each corresponding to prior congestion zones that the price has failed to reclaim since declining through them.
- ·Mean analyst rating of 3.3125 across 32 analysts (1–5 scale, lower = more constructive) places consensus near the scale midpoint, which is notably less constructive than is typical for large-cap cement names.
Strengths
- +Highest quality score among the 6 cement peers tracked (score 44 vs. sector range 31–39), suggesting relatively stronger composite fundamentals within the peer group.
- +5-year revenue growth of 6.2% and reported 5-year earnings growth of 114% indicate top-line expansion alongside substantial earnings recovery from a low base.
- +Trailing PE of 37.43 is below sector peers GRASIM (44.14), ULTRACEMCO (41.39), and SHREECEM (51.44), placing it at a relative valuation discount to three of the five comparables.
- +Near-term technical support identified at ₹906.65 and ₹860.10 based on prior price structure; RSI of 37.48 reflects continued selling pressure but remains above the 30 threshold.
Weaknesses
- −D/E of 62.15 is elevated for a non-financial manufacturer with a rising debt trend and FCF positive in only 1 available year — balance sheet leverage is a material concern given thin operating margins.
- −ROE is not reportable and has been above 15% in 0 of the tracked years; fundamental consistency score of 4/100 reflects an absence of sustained capital efficiency.
- −Profit margin of 6.53% leaves limited buffer against input cost cycles (energy, limestone, logistics) that are characteristic of the cement sector.
- −Price is 20.42% lower over 3 months and 3.62% lower over 1 year, trading below both the 50-DMA and 200-DMA — a sustained period of price deterioration relative to the broader market.
Open questions
- ?Does the 114% reported 5-year earnings growth reflect a genuine operational recovery, or does it primarily reflect a normalisation from a depressed-earnings base — and what does the FCF trajectory look like over the same period?
- ?How does RAMCOCEM plan to manage its rising debt load given profit margins of 6.53% and limited FCF generation — and what capacity expansion or refinancing events are scheduled in the next 12–24 months?
- ?Given that the stock ranks highest on quality score within its cement peer group yet has underperformed on price over 3 months, what sector-wide or company-specific factors might explain that divergence?
- ?At what point would the D/E ratio or interest coverage metrics shift materially enough to change the risk profile of the balance sheet — and what inputs (realisations, volumes, energy costs) drive those outcomes?
Peer comparison: Cement
Ranks 1 of 6 on quality| Symbol | Name | P/E | ROE | Quality |
|---|---|---|---|---|
| RAMCOCEM | The Ramco Cements Ltd.You're viewing | 37.4 | — | 44 |
| Industry avg | across 5 peers | 34.3 | +9.9% | 34 |
| SHREECEM | Shree Cement Ltd. | 51.4 | — | 39 |
| GRASIM | Grasim Industries Ltd. | 44.1 | — | 38 |
| AMBUJACEM | Ambuja Cements Ltd. | 22.7 | +8.3% | 32 |
| ACC | ACC Ltd. | 12.0 | +10.9% | 32 |
| ULTRACEMCO | UltraTech Cement Ltd. | 41.4 | +10.6% | 31 |
Technical state
Current price
₹916.25
SMA 50
₹969.35
SMA 200
₹1,042.67
RSI (14)
37.5 (neutral)
From 52w high
-24.6%
1Y return
-3.6%
3M return
-20.4%
50-DMA
Below
200-DMA
Below
Algorithmic support levels
Algorithmic resistance levels
Risk flags
- highD/E of 62.15 is elevated for a capital-intensive manufacturer; debt trend is rising and FCF was positive in only 1 of the available years, indicating growth is being financed primarily through leverage rather than internal cash generation.
- highROE is not reportable (0 years above 15%) and the fundamental consistency score is 4/100, signalling structurally weak capital efficiency; a reported 5-year earnings growth of 114% has not translated into durable return metrics.
- mediumPrice of ₹916.25 is below both the 50-DMA (₹969.35) and 200-DMA (₹1,042.67); down 20.42% over 3 months and 3.62% over 1 year, with a 24.56% drawdown from the 52-week high.
- mediumProfit margin of 6.53% is thin relative to the capital intensity of cement manufacturing; mean analyst rating of 3.3125 across 32 analysts (1–5 scale, lower = more constructive) places consensus near the midpoint of the scale.
- lowZero news articles were captured for RAMCOCEM; news sentiment analysis rests on no data, leaving recent corporate developments unassessed.
Cross-section contradictions
- 5-year earnings growth of 114% is reported alongside a null ROE, FCF positive in only 1 year, and a rising D/E of 62.15 — suggesting reported earnings have not been accompanied by proportionate improvement in cash returns or balance-sheet strength.
- RAMCOCEM ranks 1st of 6 on quality score among cement peers (score 44), yet the stock has declined 20.42% over 3 months and trades below both moving averages — price momentum diverges from its relative fundamental standing within the sector.
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.
Fundamentals & technicals: refreshed 25 Jun 2026 · refreshed daily at 01:00 IST
AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 17 May 2026 · rotates through NIFTY 500 every ~5 days