Ramco Industries Limited
Ramco Industries Limited engages in the building products, textiles, and power generation businesses in India. The company operates through three segments: Building Products, Textile and Wind Power Generation segments. It offers fibre cement roofing sheets, calcium silicate boards, and fibre cement boards. In addition, the company provides jointing compounds, fibre tape, stud, screws, wool mat; a… Read more
Ramco Industries Limited (RAMCOIND) - Net Assets
Latest net assets as of September 2025: ₹43.51 Billion INR
Based on the latest financial reports, Ramco Industries Limited (RAMCOIND) has net assets worth ₹43.51 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 (₹48.06 Billion) and total liabilities (₹4.56 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 | ₹43.51 Billion |
| % of Total Assets | 90.52% |
| Annual Growth Rate | 16.65% |
| 5-Year Change | 21.49% |
| 10-Year Change | 67.76% |
| Growth Volatility | 66.36 |
Ramco Industries Limited - Net Assets Trend (2005–2025)
This chart illustrates how Ramco Industries 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 Ramco Industries Limited (2005–2025)
The table below shows the annual net assets of Ramco Industries Limited from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹42.33 Billion | +4.23% |
| 2024-03-31 | ₹40.61 Billion | +4.55% |
| 2023-03-31 | ₹38.84 Billion | +3.33% |
| 2022-03-31 | ₹37.59 Billion | +7.89% |
| 2021-03-31 | ₹34.84 Billion | +8.56% |
| 2020-03-31 | ₹32.09 Billion | +5.15% |
| 2019-03-31 | ₹30.52 Billion | +5.78% |
| 2018-03-31 | ₹28.85 Billion | +6.24% |
| 2017-03-31 | ₹27.16 Billion | +7.65% |
| 2016-03-31 | ₹25.23 Billion | +312.87% |
| 2015-03-31 | ₹6.11 Billion | +17.12% |
| 2014-03-31 | ₹5.22 Billion | -1.01% |
| 2013-03-31 | ₹5.27 Billion | +12.30% |
| 2012-03-31 | ₹4.69 Billion | +15.67% |
| 2011-03-31 | ₹4.06 Billion | +14.23% |
| 2010-03-31 | ₹3.55 Billion | +16.55% |
| 2009-03-31 | ₹3.05 Billion | +16.14% |
| 2008-03-31 | ₹2.62 Billion | +10.36% |
| 2007-03-31 | ₹2.38 Billion | +7.01% |
| 2006-03-31 | ₹2.22 Billion | +14.22% |
| 2005-03-31 | ₹1.95 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ramco Industries 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 896.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹18.95 Billion | 44.77% |
| Common Stock | ₹86.80 Million | 0.21% |
| Other Comprehensive Income | ₹23.23 Billion | 54.88% |
| Other Components | ₹61.46 Million | 0.15% |
| Total Equity | ₹42.33 Billion | 100.00% |
Ramco Industries Limited Competitors by Market Cap
The table below lists competitors of Ramco Industries Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tuniu Corp
NASDAQ:TOUR
|
$83.80 Million |
|
Sunjin
KO:136490
|
$83.82 Million |
|
MEDIAN TECHNOLOGIE.EO-05
F:4ZG
|
$83.83 Million |
|
DHI Group Inc
NYSE:DHX
|
$83.86 Million |
|
Kistos Holdings Plc
PINK:KSTOF
|
$83.75 Million |
|
G1LO34
SA:G1LO34
|
$83.75 Million |
|
New Asia Construction & Development Corp
TW:2516
|
$83.75 Million |
|
The Naga Group AG
XETRA:N4G
|
$83.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ramco Industries Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 40,608,964,000 to 42,326,900,000, a change of 1,717,936,000 (4.2%).
- Net income of 1,809,100,000 contributed positively to equity growth.
- Dividend payments of 65,100,000 reduced retained earnings.
- Other comprehensive income increased equity by 103,617,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹1.81 Billion | +4.27% |
| Dividends Paid | ₹65.10 Million | -0.15% |
| Other Comprehensive Income | ₹103.62 Million | +0.24% |
| Other Changes | ₹-129.68 Million | -0.31% |
| Total Change | ₹- | 4.23% |
Book Value vs Market Value Analysis
This analysis compares Ramco Industries 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: 0.53x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 11.53x to 0.53x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | ₹22.45 | ₹258.90 | x |
| 2006-03-31 | ₹25.64 | ₹258.90 | x |
| 2007-03-31 | ₹27.99 | ₹258.90 | x |
| 2008-03-31 | ₹30.28 | ₹258.90 | x |
| 2009-03-31 | ₹35.17 | ₹258.90 | x |
| 2010-03-31 | ₹40.97 | ₹258.90 | x |
| 2011-03-31 | ₹46.82 | ₹258.90 | x |
| 2012-03-31 | ₹54.15 | ₹258.90 | x |
| 2013-03-31 | ₹60.82 | ₹258.90 | x |
| 2014-03-31 | ₹60.21 | ₹258.90 | x |
| 2015-03-31 | ₹70.52 | ₹258.90 | x |
| 2016-03-31 | ₹385.97 | ₹258.90 | x |
| 2017-03-31 | ₹325.04 | ₹258.90 | x |
| 2018-03-31 | ₹345.40 | ₹258.90 | x |
| 2019-03-31 | ₹365.35 | ₹258.90 | x |
| 2020-03-31 | ₹384.20 | ₹258.90 | x |
| 2021-03-31 | ₹417.15 | ₹258.90 | x |
| 2022-03-31 | ₹450.21 | ₹258.90 | x |
| 2023-03-31 | ₹464.38 | ₹258.90 | x |
| 2024-03-31 | ₹486.48 | ₹258.90 | x |
| 2025-03-31 | ₹488.76 | ₹258.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ramco Industries 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): 4.27%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.96%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 1.13x
- Recent ROE (4.27%) is below the historical average (9.53%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 15.47% | 12.67% | 0.66x | 1.84x | ₹106.51 Million |
| 2006 | 15.79% | 11.73% | 0.57x | 2.35x | ₹128.76 Million |
| 2007 | 11.49% | 7.57% | 0.68x | 2.23x | ₹36.09 Million |
| 2008 | 11.30% | 7.27% | 0.66x | 2.34x | ₹34.12 Million |
| 2009 | 14.05% | 8.97% | 0.71x | 2.22x | ₹123.36 Million |
| 2010 | 15.45% | 10.11% | 0.76x | 2.02x | ₹193.45 Million |
| 2011 | 14.95% | 9.02% | 0.85x | 1.96x | ₹200.95 Million |
| 2012 | 16.38% | 9.74% | 0.91x | 1.84x | ₹299.45 Million |
| 2013 | 12.80% | 7.42% | 0.81x | 2.13x | ₹147.44 Million |
| 2014 | -0.59% | -0.38% | 0.78x | 2.01x | ₹-552.58 Million |
| 2015 | 14.74% | 10.07% | 0.77x | 1.91x | ₹289.47 Million |
| 2016 | 7.63% | 22.26% | 0.28x | 1.21x | ₹-598.73 Million |
| 2017 | 7.54% | 23.47% | 0.27x | 1.20x | ₹-668.41 Million |
| 2018 | 6.10% | 18.89% | 0.28x | 1.15x | ₹-1.13 Billion |
| 2019 | 5.65% | 16.73% | 0.30x | 1.13x | ₹-1.33 Billion |
| 2020 | 5.28% | 17.41% | 0.26x | 1.16x | ₹-1.51 Billion |
| 2021 | 8.00% | 23.05% | 0.30x | 1.14x | ₹-696.49 Million |
| 2022 | 8.06% | 20.79% | 0.34x | 1.14x | ₹-730.39 Million |
| 2023 | 3.19% | 8.54% | 0.33x | 1.15x | ₹-2.64 Billion |
| 2024 | 2.60% | 7.07% | 0.33x | 1.13x | ₹-3.00 Billion |
| 2025 | 4.27% | 10.96% | 0.35x | 1.13x | ₹-2.42 Billion |
Industry Comparison
This section compares Ramco Industries Limited's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $2,036,700,073
- Average return on equity (ROE) among peers: 19.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ramco Industries Limited (RAMCOIND) | ₹43.51 Billion | 15.47% | 0.10x | $83.78 Million |
| Ahlada Engineers Limited (AHLADA) | $194.68 Million | 13.60% | 2.13x | $3.04 Million |
| Apollo Pipes Limited (APOLLOPIPE) | $82.31 Million | 22.41% | 0.08x | $103.29 Million |
| Aro Granite Industries Limited (AROGRANITE) | $1.13 Billion | 7.80% | 0.96x | $1.76 Million |
| Asian Granito India Limited (ASIANTILES) | $719.25 Million | 32.05% | 1.43x | $84.16 Million |
| Astral Limited (ASTRAL) | $23.86 Million | 47.46% | 4.63x | $2.29 Billion |
| Beardsell Limited (BEARDSELL) | $587.67 Million | 14.45% | 1.51x | $3.38 Million |
| Bigbloc Construction Limited (BIGBLOC) | $298.61 Million | 8.23% | 2.56x | $18.79 Million |
| BirlaNu Limited (BIRLANU) | $11.66 Billion | 18.04% | 0.91x | $138.44K |
| Blue Star Limited (BLUESTARCO) | $4.56 Billion | 11.89% | 3.77x | $2.69 Billion |
| Cera Sanitaryware Limited (CERA) | $1.12 Billion | 23.79% | 1.14x | $219.27 Million |