The Ramco Cements Limited Q3 FY26 Results

Summary

The Ramco Cements Ltd has reported a 4% growth in cement sale volume and a 7% growth in net revenue for Q3FY26. The construction chemicals business has also shown significant growth. The company's cement capacity utilization is at 73% and it continues to focus on right products for right applications. The cost of raw materials and power & fuel cost per ton have increased due to various factors.

Key Highlights

1. 1

   Cement sale volume growth of 4% in Q3FY26

2. 2

   Net revenue growth of 7% YoY in Q3FY26

3. 3

   Construction chemicals business growth of 79% in Q3FY26

4. 4

   Overall sale volume increase of 5% in Q3FY26

5. 5

   Cement capacity utilization at 73% in Q3FY26

6. 6

   Increase in cost of raw materials and power & fuel cost per ton

7. 7

   Usage of green energy increased by 8% in Q3FY26

8. 8

   Interest cost reduced from Rs.113 Crores in Q3FY25 to Rs. 108 crores in Q3FY26

9. 9

   Depreciation increased due to commissioning of new manufacturing facilities

10. 10

    Profit before tax after Exceptional items for Q3FY26 is Rs. 486 crores as against Rs.333 crores during the Q3FY25

11. 11

    Company plans to achieve cement capacity of 31 MTPA by Mar-27

12. 12

    Company has incurred Rs.222 Crores towards capex including maintenance capex in Q3FY26

13. 13

    Net debt as on 31-12-2025 is Rs. 4,145 crores as against Rs. 4,481 Crores as at 31-3- 2025

14. 14

    Company has monetized Rs.559 Crores from sale of non-core assets in 9MFY26