The Ramco Cements Limited Net Assets

Latest as of March 2026: Rs81.03 Billion INR ≈ $876.29 Million USD

The Ramco Cements Limited net assets. Based on the latest financial reports, The Ramco Cements Limited (RAMCOCEM) has net assets worth Rs81.03 Billion INR (≈ $876.29 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs166.36 Billion ≈ $1.80 Billion USD) and total liabilities (Rs85.33 Billion ≈ $922.78 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. Also explore RAMCOCEM net assets growth trend to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs81.03 Billion
% of Total Assets	48.71%
Annual Growth Rate	16.3%
5-Year Change	22.3%
10-Year Change	113.38%
Growth Volatility	14.78

Net Assets of The Ramco Cements Limited (2004–2026)

Net assets of The Ramco Cements Limited from 2004 to 2026. This chart illustrates how The Ramco Cements Limited's net assets have evolved over time, based on quarterly financial data. See RAMCOCEM equity financing ratio to measure how much of total assets are equity-financed.

Annual Net Assets for The Ramco Cements Limited (2004–2026)

The table below shows the annual net assets of The Ramco Cements Limited from 2004 to 2026. For live market cap and overall valuation, see how much is The Ramco Cements Limited worth.

Year	Net Assets	Change
2026-03-31	Rs81.03 Billion ≈ $876.29 Million	+8.88%
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 266.6% over the analyzed period, indicating profitable operations and earnings retention.

The Ramco Cements Limited Net Assets Breakdown (March 2026)

The Ramco Cements Limited net assets breakdown by equity component as of March 2026.

Component	Amount	Percentage
Retained Earnings	Rs822.90 Million	1.02%
Common Stock	Rs236.30 Million	0.29%
Other Comprehensive Income	Rs79.37 Billion	98.07%
Other Components	Rs505.90 Million	0.63%
Total Equity	Rs80.94 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
CSSC Steel Structure Engineering Co Ltd SHG:600072	$1.90 Billion
Winpak Ltd. TO:WPK	$1.90 Billion
Newmark Group Inc NASDAQ:NMRK	$1.90 Billion
Jangho Group Co Ltd SHG:601886	$1.91 Billion
Hebei Huatong Wires and Cables Group Co. Ltd. SHG:605196	$1.90 Billion
Smartfit Escola de Ginástica e Dança S.A SA:SMFT3	$1.90 Billion
Zhejiang Jinke Peroxides Co Ltd SHE:300459	$1.90 Billion
Intapp Inc NASDAQ:INTA	$1.90 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 2025 to 2026, total equity changed from 74,416,500,000 to 80,935,100,000, a change of 6,518,600,000 (8.8%).
Net income of 6,986,500,000 contributed positively to equity growth.
Dividend payments of 473,100,000 reduced retained earnings.
Other comprehensive income increased equity by 6,464,700,000.
Other factors decreased equity by 6,459,500,000.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	Rs6.99 Billion	+8.63%
Dividends Paid	Rs473.10 Million	-0.58%
Other Comprehensive Income	Rs6.46 Billion	+7.99%
Other Changes	Rs-6.46 Billion	-7.98%
Total Change	Rs-	8.76%

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: 2.18x
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 61.58x to 2.18x 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	Rs745.00	x
2005-03-31	Rs13.84	Rs745.00	x
2006-03-31	Rs16.25	Rs745.00	x
2007-03-31	Rs27.55	Rs745.00	x
2008-03-31	Rs39.53	Rs745.00	x
2009-03-31	Rs52.96	Rs745.00	x
2010-03-31	Rs65.48	Rs745.00	x
2011-03-31	Rs72.79	Rs745.00	x
2012-03-31	Rs86.04	Rs745.00	x
2013-03-31	Rs99.49	Rs745.00	x
2014-03-31	Rs103.19	Rs745.00	x
2015-03-31	Rs114.14	Rs745.00	x
2016-03-31	Rs135.87	Rs745.00	x
2017-03-31	Rs164.81	Rs745.00	x
2018-03-31	Rs179.43	Rs745.00	x
2019-03-31	Rs198.90	Rs745.00	x
2020-03-31	Rs218.88	Rs745.00	x
2021-03-31	Rs250.73	Rs745.00	x
2022-03-31	Rs289.53	Rs745.00	x
2023-03-31	Rs300.15	Rs745.00	x
2024-03-31	Rs317.20	Rs745.00	x
2025-03-31	Rs314.82	Rs745.00	x
2026-03-31	Rs342.44	Rs745.00	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): 8.63%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 7.74%
• Asset Turnover: 0.54x
• Equity Multiplier: 2.06x
Recent ROE (8.63%) is below the historical average (16.37%), 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
2026	8.63%	7.74%	0.54x	2.06x	Rs-1.11 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: $115,103,540,100
Average return on equity (ROE) among peers: -8.43%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
The Ramco Cements Limited (RAMCOCEM)	Rs81.03 Billion	11.41%	1.05x	$1.90 Billion
ACC Limited (ACC)	$84.35 Billion	12.98%	0.43x	$2.38 Billion
Ambuja Cements Limited (AMBUJACEM)	$23.81 Billion	16.19%	0.96x	$9.91 Billion
Birla Corporation Limited (BIRLACORPN)	$66.74 Billion	6.30%	1.16x	$667.77 Million
Dalmia Bharat Limited (DALBHARAT)	$11.53 Billion	9.29%	1.24x	$2.80 Billion
Grasim Industries Limited (GRASIM)	$831.60 Billion	2.04%	1.76x	$22.67 Billion
Global Surfaces Limited (GSLSU)	$984.34 Million	34.47%	0.62x	$10.50 Million
HeidelbergCement India Limited (HEIDELBERG)	$116.54 Million	-212.69%	36.95x	$293.06 Million
IFGL Refractories Limited (IFGLEXPOR)	$590.99 Million	31.43%	2.37x	$129.47 Million
The India Cements Limited (INDIACEM)	$101.24 Billion	-0.66%	0.32x	$1.06 Billion
JK Cement Limited (JKCEMENT)	$30.07 Billion	16.37%	1.84x	$4.25 Billion

About The Ramco Cements Limited

NSE:RAMCOCEM India Building Materials

Market Cap

$1.90 Billion

Rs176.04 Billion INR

Market Cap Rank

#6086 Global

#275 in India

Share Price

Rs745.00

Change (1 day)

+0.98%

52-Week Range

Rs719.65 - Rs1204.90

All Time High

Rs1204.90