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:
The Ramco Cements Limited is projected to see a decline in revenue compared to last year, which could lead to investor caution. A drop in earnings is often viewed as a negative signal for profitability, making it more difficult for the company to maintain investor confidence in its financial health.
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 |
RAMCOCEM's current ratio 0.56 suggests potential liquidity issues, as the company's current assets and cash reserves may not cover its short-term debts. This indicates a possible challenge in meeting immediate financial commitments without securing additional funding.
The Ramco Cements Limited's forward EPS exceeding its trailing EPS implies that the company is projected to be more profitable this year. This suggests an improvement in financial performance, with analysts expecting The Ramco Cements Limited to generate stronger earnings compared to the previous financial year.
Price projections:
The Ramco Cements Limited's stock price has regularly been near the lower end of projections, indicating that it may be struggling to attract investor interest. This pattern suggests a cautious sentiment surrounding the company's future performance.
Recommendation changes over time:
RAMCOCEM has been receiving a buy bias from analysts, signaling strong confidence in the stock's future performance. This positive outlook might drive investors to view RAMCOCEM as an attractive option for their portfolios, positioning the company as a stable and profitable investment choice.
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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