The Ramco Cements Limited
The Ramco Cements Limited manufactures and sells cement and construction Chemicals in India. The company offers blended cements and OPC products; ready mix concrete; and construction chemical products, including waterproofing compound, anchoring grout, micro concrete, bonding agent, plaster and putty, block fix, Tilefix, and Tilegrout. It also provides construction solutions for housing projects,… Read more
The Ramco Cements Limited (RAMCOCEM) - Net Assets
Latest net assets as of September 2025: ₹75.71 Billion INR
Based on the latest financial reports, The Ramco Cements Limited (RAMCOCEM) has net assets worth ₹75.71 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹165.76 Billion) and total liabilities (₹90.06 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹75.71 Billion |
| % of Total Assets | 45.67% |
| Annual Growth Rate | 16.66% |
| 5-Year Change | 29.7% |
| 10-Year Change | 137.48% |
| Growth Volatility | 15.02 |
The Ramco Cements Limited - Net Assets Trend (2004–2025)
This chart illustrates how The Ramco Cements Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for The Ramco Cements Limited (2004–2025)
The table below shows the annual net assets of The Ramco Cements Limited from 2004 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹74.42 Billion | +2.77% |
| 2024-03-31 | ₹72.41 Billion | +5.44% |
| 2023-03-31 | ₹68.68 Billion | +3.66% |
| 2022-03-31 | ₹66.25 Billion | +15.46% |
| 2021-03-31 | ₹57.38 Billion | +14.60% |
| 2020-03-31 | ₹50.07 Billion | +10.24% |
| 2019-03-31 | ₹45.42 Billion | +10.33% |
| 2018-03-31 | ₹41.17 Billion | +8.41% |
| 2017-03-31 | ₹37.97 Billion | +21.17% |
| 2016-03-31 | ₹31.34 Billion | +19.33% |
| 2015-03-31 | ₹26.26 Billion | +6.79% |
| 2014-03-31 | ₹24.59 Billion | +3.73% |
| 2013-03-31 | ₹23.71 Billion | +15.63% |
| 2012-03-31 | ₹20.50 Billion | +18.21% |
| 2011-03-31 | ₹17.35 Billion | +11.32% |
| 2010-03-31 | ₹15.58 Billion | +23.64% |
| 2009-03-31 | ₹12.60 Billion | +32.12% |
| 2008-03-31 | ₹9.54 Billion | +43.14% |
| 2007-03-31 | ₹6.66 Billion | +69.48% |
| 2006-03-31 | ₹3.93 Billion | +17.42% |
| 2005-03-31 | ₹3.35 Billion | +14.41% |
| 2004-03-31 | ₹2.93 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to The Ramco Cements Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 242.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹769.00 Million | 1.03% |
| Common Stock | ₹236.30 Million | 0.32% |
| Other Comprehensive Income | ₹72.91 Billion | 97.97% |
| Other Components | ₹505.90 Million | 0.68% |
| Total Equity | ₹74.42 Billion | 100.00% |
The Ramco Cements Limited Competitors by Market Cap
The table below lists competitors of The Ramco Cements Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Upwork Inc
NASDAQ:UPWK
|
$1.46 Billion |
|
Gentera S.A.B. de C.V
OTCGREY:CMPRF
|
$1.46 Billion |
|
BrightGene Bio Medical Technology C
SHG:688166
|
$1.46 Billion |
|
Tongyu Heavy Industry
SHE:300185
|
$1.46 Billion |
|
Griffin-American Healthcare REIT III Inc
PINK:GRAH
|
$1.46 Billion |
|
Dalrymple Bay Infrastructure Ltd
AU:DBI
|
$1.46 Billion |
|
Motor Oil (Hellas) Corinth Refineries S.A
PINK:MOHCF
|
$1.45 Billion |
|
Guangzhou Shiyuan Electronic Technology Co Ltd
SHE:002841
|
$1.45 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in The Ramco Cements Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 72,379,000,000 to 74,416,500,000, a change of 2,037,500,000 (2.8%).
- Net income of 2,726,500,000 contributed positively to equity growth.
- Dividend payments of 591,300,000 reduced retained earnings.
- Other comprehensive income increased equity by 3,485,400,000.
- Other factors decreased equity by 3,583,100,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹2.73 Billion | +3.66% |
| Dividends Paid | ₹591.30 Million | -0.79% |
| Other Comprehensive Income | ₹3.49 Billion | +4.68% |
| Other Changes | ₹-3.58 Billion | -4.81% |
| Total Change | ₹- | 2.82% |
Book Value vs Market Value Analysis
This analysis compares The Ramco Cements Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.16x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 82.30x to 3.16x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-03-31 | ₹12.10 | ₹995.70 | x |
| 2005-03-31 | ₹13.84 | ₹995.70 | x |
| 2006-03-31 | ₹16.25 | ₹995.70 | x |
| 2007-03-31 | ₹27.55 | ₹995.70 | x |
| 2008-03-31 | ₹39.53 | ₹995.70 | x |
| 2009-03-31 | ₹52.96 | ₹995.70 | x |
| 2010-03-31 | ₹65.48 | ₹995.70 | x |
| 2011-03-31 | ₹72.79 | ₹995.70 | x |
| 2012-03-31 | ₹86.04 | ₹995.70 | x |
| 2013-03-31 | ₹99.49 | ₹995.70 | x |
| 2014-03-31 | ₹103.19 | ₹995.70 | x |
| 2015-03-31 | ₹114.14 | ₹995.70 | x |
| 2016-03-31 | ₹135.87 | ₹995.70 | x |
| 2017-03-31 | ₹164.81 | ₹995.70 | x |
| 2018-03-31 | ₹179.43 | ₹995.70 | x |
| 2019-03-31 | ₹198.90 | ₹995.70 | x |
| 2020-03-31 | ₹218.88 | ₹995.70 | x |
| 2021-03-31 | ₹250.73 | ₹995.70 | x |
| 2022-03-31 | ₹289.53 | ₹995.70 | x |
| 2023-03-31 | ₹300.15 | ₹995.70 | x |
| 2024-03-31 | ₹317.20 | ₹995.70 | x |
| 2025-03-31 | ₹314.82 | ₹995.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently The Ramco Cements Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.20%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 2.19x
- Recent ROE (3.66%) is below the historical average (16.72%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 11.41% | 4.98% | 0.54x | 4.27x | ₹41.33 Million |
| 2005 | 16.70% | 7.83% | 0.52x | 4.13x | ₹224.40 Million |
| 2006 | 20.10% | 8.01% | 0.69x | 3.61x | ₹397.02 Million |
| 2007 | 46.22% | 20.13% | 0.78x | 2.95x | ₹2.41 Billion |
| 2008 | 42.80% | 21.21% | 0.57x | 3.52x | ₹3.13 Billion |
| 2009 | 28.85% | 14.39% | 0.54x | 3.69x | ₹2.37 Billion |
| 2010 | 22.70% | 12.66% | 0.53x | 3.37x | ₹1.98 Billion |
| 2011 | 12.16% | 8.06% | 0.46x | 3.29x | ₹375.25 Million |
| 2012 | 18.78% | 12.02% | 0.53x | 2.95x | ₹1.80 Billion |
| 2013 | 17.03% | 10.51% | 0.59x | 2.73x | ₹1.67 Billion |
| 2014 | 10.01% | 6.62% | 0.54x | 2.78x | ₹2.37 Million |
| 2015 | 9.05% | 6.62% | 0.53x | 2.60x | ₹-258.68 Million |
| 2016 | 17.40% | 15.05% | 0.52x | 2.22x | ₹2.32 Billion |
| 2017 | 17.46% | 16.68% | 0.56x | 1.86x | ₹2.83 Billion |
| 2018 | 13.72% | 12.75% | 0.62x | 1.74x | ₹1.53 Billion |
| 2019 | 11.26% | 9.89% | 0.63x | 1.81x | ₹570.20 Million |
| 2020 | 12.08% | 11.21% | 0.53x | 2.03x | ₹1.04 Billion |
| 2021 | 13.67% | 14.81% | 0.46x | 2.00x | ₹2.10 Billion |
| 2022 | 13.32% | 14.68% | 0.46x | 1.99x | ₹2.20 Billion |
| 2023 | 4.58% | 3.86% | 0.56x | 2.13x | ₹-3.72 Billion |
| 2024 | 4.97% | 3.84% | 0.58x | 2.25x | ₹-3.64 Billion |
| 2025 | 3.66% | 3.20% | 0.52x | 2.19x | ₹-4.72 Billion |
Industry Comparison
This section compares The Ramco Cements Limited's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $25,889,885,170
- Average return on equity (ROE) among peers: 1.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| The Ramco Cements Limited (RAMCOCEM) | ₹75.71 Billion | 11.41% | 1.19x | $1.46 Billion |
| ACC Limited (ACC) | $127.02 Billion | 11.26% | 0.43x | $1.13 Billion |
| Andhra Cements Limited (ACL) | $760.52 Million | -108.42% | 15.86x | $5.43 Million |
| Ambuja Cements Limited (AMBUJACEM) | $73.27 Billion | 17.24% | 0.41x | $3.90 Billion |
| Anjani Portland Cement Limited (APCL) | $2.42 Billion | 9.58% | 0.48x | $6.60 Million |
| Birla Corporation Limited (BIRLACORPN) | $17.93 Billion | 31.08% | 0.70x | $302.07 Million |
| Burnpur Cement Limited (BURNPUR) | $1.05 Billion | 2.58% | 1.55x | $6.21 Million |
| Barak Valley Cements Limited (BVCL) | $832.78 Million | -1.18% | 1.67x | $3.13 Million |
| Dalmia Bharat Limited (DALBHARAT) | $31.87 Billion | 1.56% | 0.74x | $1.58 Billion |
| Deccan Cements Limited (DECCANCE) | $2.45 Billion | 8.11% | 1.24x | $45.91 Million |
| EURO PRATIK SALES LIMITED (EUROPRATIK) | $1.30 Billion | 45.81% | 0.22x | $48.13 Million |