Key Financial Figures - Standalone (Q1 FY27)
- Total Income: ₹2,276.18 crore
- Expenses Breakdown:
- Cost of Materials Consumed: ₹394.46 crore
- Inter unit clinker transfer - Freight & handling: ₹73.12 crore
- Change in Inventories: (₹52.61) crore
- Employee Benefits: ₹151.86 crore
- Finance Costs: ₹95.58 crore
- Depreciation: ₹189.87 crore
- Transportation & Handling: ₹489.81 crore
- Power and Fuel: ₹612.31 crore
- Other Expenditure: ₹292.85 crore
- Total Expenses: ₹2,247.25 crore
- Profit before exceptional items and tax: ₹28.93 crore
- Exceptional Items: ₹12.62 crore (profit on sale of surplus lands)
- Profit before tax: ₹41.55 crore
- Tax Expenses: ₹9.69 crore (Current Tax: ₹3.45 crore, Deferred Tax: ₹6.24 crore)
- Net Profit after tax: ₹31.86 crore
- Basic & Diluted EPS: ₹1.35 (not annualized)
- Paid-up Equity Share Capital: ₹23.63 crore
Key Financial Figures - Consolidated (Q1 FY27)
- Total Income: ₹2,279.79 crore
- Revenue from Operations: ₹2,273.05 crore
- Other Income: ₹6.74 crore
- Net Profit attributable to equity shareholders: ₹31.23 crore
- Basic & Diluted EPS: ₹1.32 (not annualized)
Comparative Performance
Standalone Q1 FY27 vs Q1 FY26:
- Total Income decreased from ₹2,618.32 crore to ₹2,276.18 crore
- Net Profit decreased from ₹86.01 crore to ₹31.86 crore
- EPS decreased from ₹3.64 to ₹1.35
Dates of Action
- Board Meeting: August 7, 2026 (commenced 4:00 PM, concluded 5:26 PM)
- Quarter Ended: June 30, 2026
- Results Approval: August 7, 2026
Exceptional Items
The company recognized ₹12.62 crore as exceptional item comprising profit on sale of surplus lands. This follows the pattern from FY26 where exceptional items totaled ₹74.17 crore (₹67.90 crore from land sale and ₹6.27 crore from Labour Code impact).
Labour Code Impact
The Central Government notified four Labour Codes on November 21, 2025, which resulted in an increase in gratuity and compensated absences aggregating to ₹20.30 crore due to past service cost. This was recognized under Exceptional Items in FY26.
Legal Contingency - CCI Penalty
The Competition Commission of India imposed a penalty of ₹258.63 crore on August 31, 2016 for alleged cartelization. The company appealed to NCLAT (dismissed July 25, 2018) and then to Supreme Court (admitted October 5, 2018). The company has deposited ₹25.86 crore (10% of penalty) and based on legal opinion, believes it has a good case and hence no provision is made.
Financial Ratios (Standalone)
- Debt-Equity Ratio: 0.49 times
- Debt Service Coverage Ratio: 2.43 times
- Interest Service Coverage Ratio: 2.92 times
- Current Ratio: 1.12 times
- Operating Margin: 14%
- Net Profit Margin: 1%
- Asset cover ratio for Secured NCDs: 2.56 times
Audit Status
The Statutory Auditors (SRSV & Associates and Ramakrishna Raja And Co.) have carried out limited review of the results and expressed an unmodified audit opinion. The review was conducted in accordance with Standard on Review Engagements (SRE) 2410.
Subsidiaries and Associates Included
The consolidated results include subsidiaries (Ramco Windfarms Limited, Ramco Industrial and Technology Services Limited) and associates (Madurai Trans Carrier Limited, Ramco Systems Limited, Ramco Industries Limited, Rajapalayam Mills Limited).
Sri Lanka Branch Closure
The company closed its foreign branch in Sri Lanka effective July 27, 2021 due to unviability. The strike-off application was approved by Registrar of Companies, Colombo on October 23, 2023. For Q1 FY27, the branch reported revenues of Nil, net loss of ₹0.20 crore, and total comprehensive loss of ₹0.20 crore.
Capital Structure Impact
No significant changes to share capital reported. Paid-up equity share capital remains at ₹23.63 crore.