Ramco Industries Limited (RAMCOIND) - Net Assets

Latest as of September 2025: Rs43.51 Billion INR ≈ $470.50 Million USD

Based on the latest financial reports, Ramco Industries Limited (RAMCOIND) has net assets worth Rs43.51 Billion INR (≈ $470.50 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 (Rs48.06 Billion ≈ $519.79 Million USD) and total liabilities (Rs4.56 Billion ≈ $49.28 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 RAMCOIND asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs43.51 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. Also explore Ramco Industries Limited (RAMCOIND) total assets for the complete picture of this company's asset base.

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

Year	Net Assets	Change
2025-03-31	Rs42.33 Billion ≈ $457.75 Million	+4.23%
2024-03-31	Rs40.61 Billion ≈ $439.17 Million	+4.55%
2023-03-31	Rs38.84 Billion ≈ $420.04 Million	+3.33%
2022-03-31	Rs37.59 Billion ≈ $406.51 Million	+7.89%
2021-03-31	Rs34.84 Billion ≈ $376.78 Million	+8.56%
2020-03-31	Rs32.09 Billion ≈ $347.09 Million	+5.15%
2019-03-31	Rs30.52 Billion ≈ $330.08 Million	+5.78%
2018-03-31	Rs28.85 Billion ≈ $312.05 Million	+6.24%
2017-03-31	Rs27.16 Billion ≈ $293.73 Million	+7.65%
2016-03-31	Rs25.23 Billion ≈ $272.86 Million	+312.87%
2015-03-31	Rs6.11 Billion ≈ $66.09 Million	+17.12%
2014-03-31	Rs5.22 Billion ≈ $56.43 Million	-1.01%
2013-03-31	Rs5.27 Billion ≈ $57.01 Million	+12.30%
2012-03-31	Rs4.69 Billion ≈ $50.76 Million	+15.67%
2011-03-31	Rs4.06 Billion ≈ $43.89 Million	+14.23%
2010-03-31	Rs3.55 Billion ≈ $38.42 Million	+16.55%
2009-03-31	Rs3.05 Billion ≈ $32.96 Million	+16.14%
2008-03-31	Rs2.62 Billion ≈ $28.38 Million	+10.36%
2007-03-31	Rs2.38 Billion ≈ $25.72 Million	+7.01%
2006-03-31	Rs2.22 Billion ≈ $24.03 Million	+14.22%
2005-03-31	Rs1.95 Billion ≈ $21.04 Million	--

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	Rs18.95 Billion	44.77%
Common Stock	Rs86.80 Million	0.21%
Other Comprehensive Income	Rs23.23 Billion	54.88%
Other Components	Rs61.46 Million	0.15%
Total Equity	Rs42.33 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
Garanti Faktoring AS IS:GARFA	$250.35 Million
Guolian Securities Co. Ltd F:34V	$250.47 Million
Smart Parking Ltd AU:SPZ	$250.49 Million
KYE Systems Corp TW:2365	$250.56 Million
Zona Franca de Iquique S.A SN:ZOFRI	$250.13 Million
Silver Storm Mining Ltd. V:SVRS	$250.10 Million
Kec Corporation KO:092220	$250.07 Million
LanzaTech Global Inc. NASDAQ:LNZA	$250.01 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	Rs1.81 Billion	+4.27%
Dividends Paid	Rs65.10 Million	-0.15%
Other Comprehensive Income	Rs103.62 Million	+0.24%
Other Changes	Rs-129.68 Million	-0.31%
Total Change	Rs-	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: 0.55x
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 11.87x to 0.55x 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	Rs22.45	Rs266.42	x
2006-03-31	Rs25.64	Rs266.42	x
2007-03-31	Rs27.99	Rs266.42	x
2008-03-31	Rs30.28	Rs266.42	x
2009-03-31	Rs35.17	Rs266.42	x
2010-03-31	Rs40.97	Rs266.42	x
2011-03-31	Rs46.82	Rs266.42	x
2012-03-31	Rs54.15	Rs266.42	x
2013-03-31	Rs60.82	Rs266.42	x
2014-03-31	Rs60.21	Rs266.42	x
2015-03-31	Rs70.52	Rs266.42	x
2016-03-31	Rs385.97	Rs266.42	x
2017-03-31	Rs325.04	Rs266.42	x
2018-03-31	Rs345.40	Rs266.42	x
2019-03-31	Rs365.35	Rs266.42	x
2020-03-31	Rs384.20	Rs266.42	x
2021-03-31	Rs417.15	Rs266.42	x
2022-03-31	Rs450.21	Rs266.42	x
2023-03-31	Rs464.38	Rs266.42	x
2024-03-31	Rs486.48	Rs266.42	x
2025-03-31	Rs488.76	Rs266.42	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	Rs106.51 Million
2006	15.79%	11.73%	0.57x	2.35x	Rs128.76 Million
2007	11.49%	7.57%	0.68x	2.23x	Rs36.09 Million
2008	11.30%	7.27%	0.66x	2.34x	Rs34.12 Million
2009	14.05%	8.97%	0.71x	2.22x	Rs123.36 Million
2010	15.45%	10.11%	0.76x	2.02x	Rs193.45 Million
2011	14.95%	9.02%	0.85x	1.96x	Rs200.95 Million
2012	16.38%	9.74%	0.91x	1.84x	Rs299.45 Million
2013	12.80%	7.42%	0.81x	2.13x	Rs147.44 Million
2014	-0.59%	-0.38%	0.78x	2.01x	Rs-552.58 Million
2015	14.74%	10.07%	0.77x	1.91x	Rs289.47 Million
2016	7.63%	22.26%	0.28x	1.21x	Rs-598.73 Million
2017	7.54%	23.47%	0.27x	1.20x	Rs-668.41 Million
2018	6.10%	18.89%	0.28x	1.15x	Rs-1.13 Billion
2019	5.65%	16.73%	0.30x	1.13x	Rs-1.33 Billion
2020	5.28%	17.41%	0.26x	1.16x	Rs-1.51 Billion
2021	8.00%	23.05%	0.30x	1.14x	Rs-696.49 Million
2022	8.06%	20.79%	0.34x	1.14x	Rs-730.39 Million
2023	3.19%	8.54%	0.33x	1.15x	Rs-2.64 Billion
2024	2.60%	7.07%	0.33x	1.13x	Rs-3.00 Billion
2025	4.27%	10.96%	0.35x	1.13x	Rs-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: $3,828,013,013
Average return on equity (ROE) among peers: 14.07%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Ramco Industries Limited (RAMCOIND)	Rs43.51 Billion	15.47%	0.10x	$250.21 Million
Ahlada Engineers Limited (AHLADA)	$128.29 Million	17.65%	2.34x	$6.34 Million
Apollo Pipes Limited (APOLLOPIPE)	$3.07 Billion	9.31%	0.57x	$214.97 Million
Aro Granite Industries Limited (AROGRANITE)	$1.23 Billion	9.18%	1.03x	$4.43 Million
Beardsell Limited (BEARDSELL)	$709.61 Million	11.59%	1.26x	$11.03 Million
Bigbloc Construction Limited (BIGBLOC)	$1.09 Billion	28.25%	1.70x	$74.03 Million
Blue Star Limited (BLUESTARCO)	$4.56 Billion	11.89%	3.77x	$3.96 Billion
Cera Sanitaryware Limited (CERA)	$11.83 Billion	17.70%	0.42x	$732.50 Million
Electrosteel Castings Limited (ELECTCAST)	$11.97 Billion	4.63%	1.01x	$548.14 Million
Everest Industries Limited (EVERESTIND)	$2.50 Billion	21.15%	1.09x	$65.00 Million
Exxaro Tiles Limited (EXXARO)	$1.21 Billion	9.33%	2.21x	$33.72 Million

About Ramco Industries Limited

NSE:RAMCOIND India Building Products & Equipment

Market Cap

$250.21 Million

Rs23.14 Billion INR

Market Cap Rank

#15687 Global

#782 in India

Share Price

Rs266.42

Change (1 day)

-0.25%

52-Week Range

Rs226.45 - Rs391.30

All Time High

Rs391.30