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 | 0.54300 |
|---|---|
| forwardPE | 28.57327 |
| debtToEquity | 47.82700 |
| earningsGrowth | 4.52100 |
| revenueGrowth | 0.09400 |
| grossMargins | 0.60594 |
| operatingMargins | 0.07414 |
| trailingEps | 29.60000 |
| forwardEps | 31.03600 |
RAMCOCEM's current ratio 0.543 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.
RAMCOCEM's Forward PE is at a healthy level, meaning the stock price is aligned favorably with earnings. This suggests that the stock isn't overpriced, providing room for growth and making it an appealing option for investors looking to capitalize on potential future gains.
The Ramco Cements Limited's forward EPS being higher than its trailing EPS signals anticipated growth in profitability for the current financial year. This suggests that The Ramco Cements Limited is on track to improve its earnings, outpacing the previous year's performance and reflecting positive market expectations.
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:
The recent sell bias from analysts on RAMCOCEM suggests investors should be cautious. However, it's a good idea to base decisions on a broader range of market indicators to gain a more complete and accurate view of the stock's potential performance in the near term.
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