More about The Ramco Cements Limited
Fundamentals 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 forecasted to decline from last year's levels, prompting caution among investors. When revenues fall, it can have a significant negative impact on the company's bottom line, reducing profitability and making the stock less attractive to risk-averse investors.
Financial Ratios:
| currentRatio | 0.560000 |
|---|---|
| forwardPE | 33.586098 |
| debtToEquity | 62.153000 |
| earningsGrowth | 1.920000 |
| revenueGrowth | 0.095000 |
| grossMargins | 0.540140 |
| operatingMargins | 0.091420 |
| trailingEps | 15.600000 |
| forwardEps | 44.720000 |
The Ramco Cements Limited's current ratio being 0.56 indicates that the company's cash reserves and current assets may not be enough to cover its short-term debt. This raises potential liquidity concerns, suggesting The Ramco Cements Limited might need to secure additional funding to meet its obligations.
With a forward EPS greater than its trailing EPS, The Ramco Cements Limited is expected to see higher profitability this year. The forecasted increase in earnings reflects optimism about the company's financial growth and potential for improved performance over the prior year.
Price projections:
The price of The Ramco Cements Limited has consistently remained close to the lower end of price projections. This trend may reflect uncertainty in the market regarding the company's ability to deliver on growth expectations.
Recommendation changes over time:
Analysts have shown a buy bias for The Ramco Cements Limited, marking it as a favorable investment option. This could inspire investors to see The Ramco Cements Limited as a strong place to park their money, given the positive outlook and growth potential associated with the stock in recent evaluations.
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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