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RAMCOCEM - Fundamental Analysis: Financial Health & Valuation

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Rating: 2.7

Last Updated Time : 25 May 26, 01:36 am

Fundamental Rating: 2.7

Stock Code RAMCOCEM Market Cap 21,592 Cr. Current Price 914 ₹ High / Low 1,214 ₹
Stock P/E 114 Book Value 322 ₹ Dividend Yield 0.22 % ROCE 4.83 %
ROE 1.56 % Face Value 1.00 ₹ DMA 50 965 ₹ DMA 200 1,012 ₹
Chg in FII Hold 0.06 % Chg in DII Hold 0.77 % PAT Qtr 5.24 Cr. PAT Prev Qtr 74.3 Cr.
RSI 43.5 MACD -19.3 Volume 2,22,616 Avg Vol 1Wk 1,79,835
Low price 860 ₹ High price 1,214 ₹ PEG Ratio -2.29 Debt to equity 0.62
52w Index 15.2 % Qtr Profit Var -37.2 % EPS 24.5 ₹ Industry PE 29.0

📊 Core Financials

Revenue Growth: Weak, with PAT collapsing (₹5.24 Cr vs ₹74.3 Cr).

Profit Margins: Thin margins, profitability under pressure.

Debt Ratios: Debt-to-equity 0.62, moderate leverage.

Cash Flows: Likely stressed due to declining profits.

Return Metrics: ROCE 4.83%, ROE 1.56% — very low efficiency.

💹 Valuation Indicators

P/E Ratio: 114, extremely high vs industry PE of 29.0.

P/B Ratio: ~2.84 (Price ₹914 / Book Value ₹322), moderately expensive.

PEG Ratio: -2.29, negative due to declining earnings.

Intrinsic Value: Fair value closer to ₹750–800, current price overvalued.

Dividend Yield: 0.22%, minimal.

🏢 Business Model & Competitive Advantage

Operates in cement manufacturing, serving infrastructure and housing demand.

Competitive edge: regional presence in South India, brand recognition.

Challenges: high input costs, weak profitability, and cyclical demand.

📈 Entry Zone & Long-Term Guidance

Entry Zone: ₹750–800 (value zone near intrinsic).

Long-Term Holding: Only suitable for patient investors; turnaround depends on cost efficiency and demand recovery.

✅ Positive

Backed by strong brand in cement industry.

FII (+0.06%) and DII (+0.77%) holdings increased.

Debt manageable at 0.62.

⚠️ Limitation

Extremely high P/E (114).

Weak ROE (1.56%) and ROCE (4.83%).

Dividend yield negligible (0.22%).

🚨 Company Negative News

PAT collapsed to ₹5.24 Cr from ₹74.3 Cr.

Profitability ratios deteriorating.

RSI at 43.5 indicates weak momentum.

🌟 Company Positive News

Institutional investors increasing stake.

Cement demand supported by infrastructure push.

Stock trading near support levels (DMA 50: ₹965, DMA 200: ₹1012).

🏭 Industry

Cement industry driven by housing, infrastructure, and government projects.

Industry PE ~29, RAMCOCEM trades at a steep premium.

Growth drivers: urbanization, infrastructure spending, rural housing demand.

📌 Conclusion

RAMCOCEM is a weakly positioned cement stock with collapsing profits, low returns, and stretched valuations. Despite institutional interest and industry demand, fundamentals remain poor. Entry advisable only near ₹750–800 for speculative positions. Long-term holding depends on cost efficiency and recovery in profitability.

Would you like me to compare RAMCOCEM directly with Ultratech Cement and Shree Cement to highlight relative strengths and valuations?

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