Financials Ramco Industries Limited

Equities

RAMCOIND

INE614A01028

Construction Materials

Market Closed - NSE India S.E. 07:43:48 2024-04-26 am EDT 5-day change 1st Jan Change
229 INR -0.78% Intraday chart for Ramco Industries Limited +0.24% +5.58%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 19,928 18,464 9,897 22,242 18,269 10,769
Enterprise Value (EV) 1 21,617 19,703 11,661 23,016 19,732 13,270
P/E ratio 10.9 x 10.3 x 5.63 x 7.69 x 5.81 x 8.47 x
Yield 0.22% 0.23% 0.44% 0.39% 0.47% 0.81%
Capitalization / Revenue 2.14 x 1.78 x 1.02 x 1.84 x 1.25 x 0.74 x
EV / Revenue 2.32 x 1.9 x 1.2 x 1.9 x 1.35 x 0.91 x
EV / EBITDA 18.5 x 15.6 x 11.5 x 11.8 x 7.84 x 8.06 x
EV / FCF 37.7 x 119 x -21.6 x 21.5 x 127 x -8.6 x
FCF Yield 2.65% 0.84% -4.64% 4.65% 0.79% -11.6%
Price to Book 0.69 x 0.6 x 0.31 x 0.64 x 0.49 x 0.28 x
Nbr of stocks (in thousands) 86,663 86,663 86,663 86,663 86,663 86,809
Reference price 2 230.0 213.0 114.2 256.6 210.8 124.0
Announcement Date 8/21/18 7/11/19 8/14/20 7/27/21 7/18/22 7/18/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Marzo 2018 2019 2020 2021 2022 2023
Net sales 1 9,321 10,365 9,741 12,093 14,644 14,575
EBITDA 1 1,168 1,266 1,017 1,944 2,517 1,647
EBIT 1 899.8 989.7 728.1 1,639 2,209 1,322
Operating Margin 9.65% 9.55% 7.47% 13.55% 15.08% 9.07%
Earnings before Tax (EBT) 1 2,092 2,050 2,039 3,379 3,689 1,381
Net income 1 1,760 1,724 1,695 2,787 3,028 1,225
Net margin 18.89% 16.63% 17.4% 23.05% 20.68% 8.41%
EPS 2 21.07 20.63 20.29 33.38 36.27 14.65
Free Cash Flow 1 573.3 165.4 -540.9 1,069 155.8 -1,543
FCF margin 6.15% 1.6% -5.55% 8.84% 1.06% -10.59%
FCF Conversion (EBITDA) 49.07% 13.07% - 54.99% 6.19% -
FCF Conversion (Net income) 32.57% 9.6% - 38.36% 5.15% -
Dividend per Share 2 0.5000 0.5000 0.5000 1.000 1.000 1.000
Announcement Date 8/21/18 7/11/19 8/14/20 7/27/21 7/18/22 7/18/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 1,689 1,239 1,764 774 1,464 2,502
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 1.445 x 0.9788 x 1.735 x 0.3982 x 0.5815 x 1.519 x
Free Cash Flow 1 573 165 -541 1,069 156 -1,543
ROE (net income / shareholders' equity) 6.28% 5.81% 5.41% 8.33% 8.36% 3.21%
ROA (Net income/ Total Assets) 1.71% 1.81% 1.27% 2.66% 3.33% 1.89%
Assets 1 102,961 95,032 133,699 104,943 90,929 64,974
Book Value Per Share 2 333.0 352.0 370.0 402.0 434.0 447.0
Cash Flow per Share 2 5.040 7.330 7.340 8.930 8.240 4.450
Capex 1 334 492 731 604 846 778
Capex / Sales 3.58% 4.75% 7.5% 5% 5.78% 5.34%
Announcement Date 8/21/18 7/11/19 8/14/20 7/27/21 7/18/22 7/18/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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