The Ramco Cements Limited (RAMCOCEM) - Net Assets

Latest as of September 2025: Rs75.71 Billion INR ≈ $818.74 Million USD

Based on the latest financial reports, The Ramco Cements Limited (RAMCOCEM) has net assets worth Rs75.71 Billion INR (≈ $818.74 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs165.76 Billion ≈ $1.79 Billion USD) and total liabilities (Rs90.06 Billion ≈ $973.93 Million USD). 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. Check The Ramco Cements Limited (RAMCOCEM) asset resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets Rs75.71 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. Also explore total assets of The Ramco Cements Limited for the complete picture of this company's asset base.

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. For live valuation and market cap data, see The Ramco Cements Limited market capitalisation.

Year Net Assets Change
2025-03-31 Rs74.42 Billion
≈ $804.84 Million		 +2.77%
2024-03-31 Rs72.41 Billion
≈ $783.14 Million		 +5.44%
2023-03-31 Rs68.68 Billion
≈ $742.75 Million		 +3.66%
2022-03-31 Rs66.25 Billion
≈ $716.51 Million		 +15.46%
2021-03-31 Rs57.38 Billion
≈ $620.54 Million		 +14.60%
2020-03-31 Rs50.07 Billion
≈ $541.49 Million		 +10.24%
2019-03-31 Rs45.42 Billion
≈ $491.17 Million		 +10.33%
2018-03-31 Rs41.17 Billion
≈ $445.20 Million		 +8.41%
2017-03-31 Rs37.97 Billion
≈ $410.67 Million		 +21.17%
2016-03-31 Rs31.34 Billion
≈ $338.91 Million		 +19.33%
2015-03-31 Rs26.26 Billion
≈ $284.02 Million		 +6.79%
2014-03-31 Rs24.59 Billion
≈ $265.95 Million		 +3.73%
2013-03-31 Rs23.71 Billion
≈ $256.39 Million		 +15.63%
2012-03-31 Rs20.50 Billion
≈ $221.74 Million		 +18.21%
2011-03-31 Rs17.35 Billion
≈ $187.58 Million		 +11.32%
2010-03-31 Rs15.58 Billion
≈ $168.51 Million		 +23.64%
2009-03-31 Rs12.60 Billion
≈ $136.29 Million		 +32.12%
2008-03-31 Rs9.54 Billion
≈ $103.16 Million		 +43.14%
2007-03-31 Rs6.66 Billion
≈ $72.06 Million		 +69.48%
2006-03-31 Rs3.93 Billion
≈ $42.52 Million		 +17.42%
2005-03-31 Rs3.35 Billion
≈ $36.21 Million		 +14.41%
2004-03-31 Rs2.93 Billion
≈ $31.65 Million		 --

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 Rs769.00 Million 1.03%
Common Stock Rs236.30 Million 0.32%
Other Comprehensive Income Rs72.91 Billion 97.97%
Other Components Rs505.90 Million 0.68%
Total Equity Rs74.42 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
Pou Chen Corp
TW:9904
 $2.39 Billion
Heartflow, Inc. Common Stock
NASDAQ:HTFL
 $2.39 Billion
Youngone
KO:111770
 $2.39 Billion
China Eastern Airlines Corporation Limited
F:CIAH
 $2.39 Billion
Xi An Triangle Defens Co Ltd
SHE:300775
 $2.39 Billion
Zhejiang Semir Garment Co Ltd
SHE:002563
 $2.39 Billion
Shanghai Electric Wind Power Group Co. Ltd. A
SHG:688660
 $2.39 Billion
Shenyang Machine Tool Co Ltd
SHE:000410
 $2.39 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 Rs2.73 Billion +3.66%
Dividends Paid Rs591.30 Million -0.79%
Other Comprehensive Income Rs3.49 Billion +4.68%
Other Changes Rs-3.58 Billion -4.81%
Total Change Rs- 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: 2.97x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 77.29x to 2.97x 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 Rs12.10 Rs935.10 x
2005-03-31 Rs13.84 Rs935.10 x
2006-03-31 Rs16.25 Rs935.10 x
2007-03-31 Rs27.55 Rs935.10 x
2008-03-31 Rs39.53 Rs935.10 x
2009-03-31 Rs52.96 Rs935.10 x
2010-03-31 Rs65.48 Rs935.10 x
2011-03-31 Rs72.79 Rs935.10 x
2012-03-31 Rs86.04 Rs935.10 x
2013-03-31 Rs99.49 Rs935.10 x
2014-03-31 Rs103.19 Rs935.10 x
2015-03-31 Rs114.14 Rs935.10 x
2016-03-31 Rs135.87 Rs935.10 x
2017-03-31 Rs164.81 Rs935.10 x
2018-03-31 Rs179.43 Rs935.10 x
2019-03-31 Rs198.90 Rs935.10 x
2020-03-31 Rs218.88 Rs935.10 x
2021-03-31 Rs250.73 Rs935.10 x
2022-03-31 Rs289.53 Rs935.10 x
2023-03-31 Rs300.15 Rs935.10 x
2024-03-31 Rs317.20 Rs935.10 x
2025-03-31 Rs314.82 Rs935.10 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 Rs41.33 Million
2005 16.70% 7.83% 0.52x 4.13x Rs224.40 Million
2006 20.10% 8.01% 0.69x 3.61x Rs397.02 Million
2007 46.22% 20.13% 0.78x 2.95x Rs2.41 Billion
2008 42.80% 21.21% 0.57x 3.52x Rs3.13 Billion
2009 28.85% 14.39% 0.54x 3.69x Rs2.37 Billion
2010 22.70% 12.66% 0.53x 3.37x Rs1.98 Billion
2011 12.16% 8.06% 0.46x 3.29x Rs375.25 Million
2012 18.78% 12.02% 0.53x 2.95x Rs1.80 Billion
2013 17.03% 10.51% 0.59x 2.73x Rs1.67 Billion
2014 10.01% 6.62% 0.54x 2.78x Rs2.37 Million
2015 9.05% 6.62% 0.53x 2.60x Rs-258.68 Million
2016 17.40% 15.05% 0.52x 2.22x Rs2.32 Billion
2017 17.46% 16.68% 0.56x 1.86x Rs2.83 Billion
2018 13.72% 12.75% 0.62x 1.74x Rs1.53 Billion
2019 11.26% 9.89% 0.63x 1.81x Rs570.20 Million
2020 12.08% 11.21% 0.53x 2.03x Rs1.04 Billion
2021 13.67% 14.81% 0.46x 2.00x Rs2.10 Billion
2022 13.32% 14.68% 0.46x 1.99x Rs2.20 Billion
2023 4.58% 3.86% 0.56x 2.13x Rs-3.72 Billion
2024 4.97% 3.84% 0.58x 2.25x Rs-3.64 Billion
2025 3.66% 3.20% 0.52x 2.19x Rs-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: $83,468,321,000
  • Average return on equity (ROE) among peers: 18.33%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
The Ramco Cements Limited (RAMCOCEM) Rs75.71 Billion 11.41% 1.19x $2.39 Billion
ACC Limited (ACC) $163.32 Billion 14.30% 0.43x $2.89 Billion
Ambuja Cements Limited (AMBUJACEM) $39.02 Billion 43.30% 0.50x $11.87 Billion
Birla Corporation Limited (BIRLACORPN) $6.68 Billion 48.76% 1.20x $757.42 Million
Dalmia Bharat Limited (DALBHARAT) $157.59 Billion 5.18% 0.58x $3.87 Billion
Grasim Industries Limited (GRASIM) $361.58 Billion 6.83% 0.65x $20.50 Billion
Global Surfaces Limited (GSLSU) $984.34 Million 34.47% 0.62x $26.18 Million
HeidelbergCement India Limited (HEIDELBERG) $8.47 Billion 3.64% 1.90x $389.25 Million
IFGL Refractories Limited (IFGLEXPOR) $6.84 Billion 6.46% 0.31x $147.97 Million
The India Cements Limited (INDIACEM) $53.09 Billion 1.23% 1.07x $1.33 Billion
JK Cement Limited (JKCEMENT) $37.11 Billion 19.12% 1.66x $4.42 Billion

About The Ramco Cements Limited

NSE:RAMCOCEM India Building Materials
Market Cap
$2.39 Billion
Rs220.96 Billion INR
Market Cap Rank
#5618 Global
#245 in India
Share Price
Rs935.10
Change (1 day)
-0.97%
52-Week Range
Rs867.40 - Rs1204.90
All Time High
Rs1204.90
Categories
Companies in India Building Materials
About

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