Ramco Industries Ltd
About
P. A. C. Ramaswamy Raja laid the foundation for Ramco Industries by setting up its first spinning mill at Rajapalayam in 1938. Later, in 1965, the company was officially founded with a plant at Arakkonam, Tamil Nadu, under the leadership of P. R. Ramasubrahmaneya Rajha. In addition to the Arakkonam plant, Ramco operates 8 manufacturing plants in Tamil Nadu, Madhya Pradesh, Karnataka, Bihar, Gujarat, Andhra Pradesh, West Bengal, and the union territory of Dadra & Nagar Haveli. Its primary interests lie in producing drywall and ceiling products, cotton yarn, surgical yarn, roofing products, and computer software. It specialises in producing calcium silicate boards, fibre cement boards, tiles, planks, and non-asbestos roofing sheets in addition to fibre cement roofing sheets.
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Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 1527 1.7% | 1500 0.6% | 1492 22.8% | 1215 16.5% | 1043 -0.9% | 1052 9.2% | 963 6.8% | 902 0.2% | 900 -3.4% | 931 16.3% | 801 -18.3% | 980 16.0% | 844 22.5% | 690 10.8% | 622 8.9% | 571 - |
| Net Operating Income (INR Cr) | 1501 3.01% | 1458 -0.16% | 1460 20.71% | 1209 24.16% | 974 -6.03% | 1037 11.21% | 932 5.82% | 881 1.87% | 865 -3.35% | 895 9.76% | 815 -10.37% | 909 13.93% | 798 18.71% | 672 15.92% | 580 8.84% | 533 17.07% |
| Profit (INR Cr) | 106 -14.8% | 124 -59.1% | 303 8.7% | 279 64.4% | 170 -1.6% | 172 -2.1% | 176 -14.0% | 205 6.4% | 192 113.7% | 90 - | -3 - | 67 -12.3% | 77 26.7% | 61 10.6% | 55 28.1% | 43 - |
| Assets (INR Cr) | 4305 2.6% | 4195 5.3% | 3986 9.5% | 3640 5.5% | 3451 6.5% | 3241 4.6% | 3100 1.5% | 3054 5.7% | 2888 174.6% | 1052 10.1% | 955 -4.7% | 1002 37.7% | 728 10.3% | 660 9.5% | 603 6.6% | 566 - |
| Net Worth (INR Cr) | 4061 4.6% | 3884 3.3% | 3759 7.9% | 3484 8.6% | 3209 5.2% | 3052 5.8% | 2885 6.2% | 2716 7.7% | 2523 312.9% | 611 17.1% | 522 -1.0% | 527 12.3% | 469 15.7% | 406 14.2% | 355 16.6% | 305 16.1% |
| Employee Cost (INR Cr) | 129 -0.6% | 130 1.3% | 128 12.9% | 114 10.1% | 103 12.9% | 91 13.5% | 81 5.0% | 77 11.7% | 69 6.7% | 64 18.8% | 54 10.2% | 49 12.5% | 44 25.3% | 35 19.6% | 29 22.8% | 24 - |
| Interest Cost (INR Cr) | 25 | 21 | 9 | 10 | 15 | 15 | 22 | 34 | 40 | 38 | 36 | 31 | 25 | 21 | 22 | 26 |
| Cash & Bank Balance (INR Cr) | 87 | 73 | 90 | 77 | 64 | 64 | 44 | 55 | 65 | 37 | 40 | 22 | 32 | 52 | 33 | 25 |
| Total Debt (INR Cr) | 242 | 308 | 224 | 152 | 238 | 187 | 213 | 336 | 363 | 413 | 408 | 451 | 239 | 238 | 248 | 261 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 6.9% | 8.3% | 20.3% | 22.9% | 16.3% | 16.4% | 18.3% | 22.7% | 21.4% | 9.7% | - | 6.9% | 9.1% | 8.8% | 8.8% | 7.5% |
| Profit As % Of Assets | 2.5% | 3.0% | 7.6% | 7.7% | 4.9% | 5.3% | 5.7% | 6.7% | 6.7% | 8.6% | - | 6.7% | 10.6% | 9.2% | 9.1% | 7.6% |
| Profit As % Of Networth | 2.6% | 3.2% | 8.1% | 8.0% | 5.3% | 5.7% | 6.1% | 7.5% | 7.6% | 14.7% | - | 12.8% | 16.4% | 15.0% | 15.4% | 14.1% |
| Interest Cost to EBITDA % | 16.0% | 13.8% | 3.8% | 5.0% | 14.3% | 11.8% | 18.4% | 28.8% | 51.0% | 49.6% | 57.7% | 23.6% | 18.5% | 16.6% | 21.9% | 27.9% |
| Debt to Equity Ratio | 0.06 | 0.08 | 0.06 | 0.04 | 0.07 | 0.06 | 0.07 | 0.12 | 0.14 | 0.68 | 0.78 | 0.86 | 0.51 | 0.59 | 0.70 | 0.86 |
| RONW | 1.8% | 2.8% | 3.5% | 3.5% | 2.2% | 2.5% | 2.5% | 1.9% | 3.0% | 4.9% | - | 13.5% | 17.6% | 16.0% | 16.6% | 15.1% |
| ROCE | 3.1% | 3.5% | 5.3% | 5.2% | 3.5% | 3.9% | 3.9% | 3.4% | 4.4% | 6.7% | 2.6% | 12.9% | 17.7% | 16.3% | 16.3% | 15.6% |