Ramco Cements Reports Q1FY26 Results: 7% Cement Sale Volume Decline, 23% EBIDTA Growth

The Ramco Cements Ltd has reported its standalone unaudited results for Q1FY26. The cement sale volume was 4 million tons, a 7% decrease from Q1 FY25 due to weak demand and early monsoon rains. The cement capacity utilisation was at 68% compared to 77% in the previous corresponding period. Construction chemicals business registered a 79% growth. Net revenue was Rs. 2,077 crores with a marginal 1% YoY de-growth. EBIDTA was Rs. 404 crores, a 23% growth, due to improvement in cement prices. Cost of raw materials per ton increased by 7% YoY due to the levy of MBT in TN. The power & fuel cost per ton decreased to Rs. 1,222/- compared to Rs. 1,300/- in Q1 FY25. Interest cost reduced from Rs.113 Crores in Q1 FY25 to Rs. 105 crores in Q1 FY26. Depreciation increased due to the commissioning of new manufacturing facilities. Profit before tax for Q1 FY26 is Rs. 116 crores as against Rs. 48 crores in the corresponding previous year period. The company plans to achieve cement capacity of 30 MTPA by Mar 26. The total debt as on 30-6-2025 is Rs. 4,734 crores. The company has monetized Rs. 501 Crores out of targeted value of Rs. 1,000 Crores of non-core assets.