The Ramco Cements enterprise value

Share price at each year-end

Tap a line for its trend	Currentlast 12M	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus


17,486	—	—	—	—	FY22 and earlierEvery year the company has filed comes with Alpha Plus.
188	188	173	96.9	138
0.4	0.4	0.5	3.6	7.0
3,852	3,852	4,652	4,917	4,487
21,150	—	—	—	—
3,664	3,664	4,480	4,820	4,350
₹895.06	—	—	—	—

11,946	11,946	12,094	12,158	11,355
32.2%	32.2%	38.5%	40.4%	39.5%
0.18×	—	—	—	—

2.29×	—	—	—	—
15.73×	—	—	—	—
35.32×	—	—	—	—
34.42×	—	—	—	—
9,228	9,029	8,518	9,376	8,157
1,345	1,436	1,233	1,565	1,186
599	696	537	918	680
—	1,611	1,399	1,906	1,412
614	614	375	−17.0	−354
—	531	302	−128	−419
—	997	1,024	1,923	1,766

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From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

RAMCOCEM₹740.00

The Ramco Cements Ltd.

· Infrastructure

₹ CrorePeersULTRACEMCO DALBHARAT INDIACEM JSWCEMENT NUVOCO JKCEMENT ACC BIRLACORPNMcap ₹17,486 Cr

HighlightsEnterprise Value Multiples Per ShareAnnuals · FY-end closes

In ₹ Crore except Per Share 12 Months Ending	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Current/LTM TTM · last close
Market Capitalization	—	—	—	—	17,486.2
- Cash, Equiv & ST Investments	137.7	96.9	172.6	188.3	188.3
+ Minority Interest	7.0	3.6	0.5	0.4	0.4
+ Total Debt	4,487.4	4,916.8	4,652.1	3,852.1	3,852.1
Enterprise Value	—	—	—	—	21,150.3
Net Debt (memo)	4,349.7	4,819.9	4,479.5	3,663.7	3,663.7
EV per Share	—	—	—	—	895.06

Total Capital	11,355.5	12,158.3	12,094.2	11,945.9	11,945.9
Total Debt/Total Capital	39.52	40.44	38.47	32.25	32.25
Total Debt/EV	—	—	—	—	0.18

EV/Sales	—	—	—	—	2.29
EV/EBITDA	—	—	—	—	15.73
EV/EBIT	—	—	—	—	35.32
EV/Free Cash Flow	—	—	—	—	34.42
Reference Items — Trailing FY Values
Sales	8,157.3	9,376.4	8,518.4	9,028.8	9,227.8
EBITDA	1,185.6	1,564.6	1,232.5	1,436.0	1,344.9
EBIT	679.6	918.3	537.5	695.8	598.8
Operating Cash Flow	1,411.5	1,905.5	1,398.8	1,611.1	—
Free Cash Flow	-354.3	-17.0	374.8	614.4	614.4
FCFF (free cash flow to the firm)	-418.6	-128.1	302.4	531.2	—
Capital Expenditure	1,765.8	1,922.5	1,024.0	996.7	—

Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.

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Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.