The Ramco Cements Limited Q1 FY26 Results

Summary

The Ramco Cements Ltd reported a 7% decline in cement sale volume for Q1FY26, primarily due to weak demand from early monsoon rains in Kerala and completion of infrastructure projects in eastern markets. Despite this, the company reported a 23% growth in EBIDTA, driven by improvement in cement prices. The company's net revenue decreased marginally by 1% YoY, and the cost of raw materials increased by 7% due to the levy of mineral bearing land tax in TN. The company continues to focus on its strategy of right products for right applications to strengthen its brands. The company plans to achieve a cement capacity of 30 MTPA by Mar 26 with the commissioning of new facilities and de-bottlenecking of existing ones. The company has monetized Rs. 501 Crores out of targeted value of Rs. 1,000 Crores of non-core assets and expects to monetize the balance before Sep 2025.

Key Highlights

1. 1

   7% decline in cement sale volume in Q1FY26

2. 2

   23% growth in EBIDTA in Q1FY26

3. 3

   Marginal 1% de-growth in net revenue in Q1FY26

4. 4

   7% increase in cost of raw materials in Q1FY26

5. 5

   Plans to achieve 30 MTPA cement capacity by Mar 26

6. 6

   Monetized Rs. 501 Crores out of targeted value of Rs. 1,000 Crores of non-core assets