Ramco Cements Ltd - Company Profile
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Ramco Cements Ltd (Ramco) is a manufacturer of cement. Its main activities include the production of cement and construction chemical products. The company's major products encompass a range of cement types, including blended, rapid hardening, and specialty cements. It also provides construction chemicals such as cement-based putty, tile fix, plastering compounds, and water repellent plaster. Ramco serves customers in residential, commercial, and infrastructure sectors, providing products for applications such as housing, bridges, and tunnels. The company operates a wide distribution network of dealers and sub-dealers to reach its customers. The company has integrated and grinding units in Tamil Nadu, Andhra Pradesh, Karnataka, Odisha, and West Bengal, targeting markets in these regions. Ramco is headquartered in Chennai, Tamil Nadu, India.
Headquarters
India
Address
Auras Corporate Centre, 98-A, V Floor, Dr. Radhakrishnan Road, Chennai, Tamil Nadu, 600004
Website
www.ramcocements.in
Telephone
91 44 28478666
No of Employees
3,767
Industry
Construction
Ticker Symbol & Exchange
RAMCOCEM (NSE)
Revenue (2024)
$1.0B
-9.2%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-24.3%
(2024 vs 2023)
Market Cap*
$2.3B
Net Profit Margin (2024)
XYZ
-16.7%
(2024 vs 2023)
* As of and is in US$
Ramco Cements Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Cement | Technical Assistance |
| Clinker | Power Generated from Windmills |
| Dry Mortar Products | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Plans/Strategy | In August, the company announced its plans to acquire the remaining stake in Ramco Windfarms Ltd. from Rajapalayam Mills Limited, Sandhya Spinning Mill Limited, The Ramaraju Surgical Cotton Mills Ltd, Sri Vishnu Shankar Mill Limited, and Rajapalayam Textile Ltd. for INR 2.9 million. |
| 2025 | Contracts/Agreements | In February, the company entered into a memorandum of understanding with the Indian Institute of Technology-Bhubaneswar to set up a center of excellence in the area of sustainable construction and climate resiliency. |
| 2024 | Regulatory Approval | In October, the company secured approval from the Board of Directors to sell its shares of Ramco Industries Limited to Rajapalayam Mills Limited (RML) and Ramco Management Private Limited. |
Competitor Comparison
| Key Parameters | Ramco Cements Ltd | Ambuja Cements Ltd | Rain Industries Ltd | Birla Corp Ltd | Prism Johnson Ltd |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Chennai | Mumbai | Hyderabad | Kolkata | Mumbai |
| State/Province | Tamil Nadu | Maharashtra | Telangana | West Bengal | Maharashtra |
| No. of Employees | 3,767 | 4,509 | 2,300 | 7,071 | 5,146 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| M.F. Farooqui | Chairman | Executive Board | 2017 | - |
| S. Vaithiyanathan | Chief Financial Officer | Senior Management | - | - |
| M. Srinivasan | Director - Operations | Senior Management | - | - |
| P.R. Venketrama Raja | Managing Director | Senior Management | 1985 | - |
| CK Ranganathan | Director | Non Executive Board | 2024 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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