The Ramco Cements Limited — Updates, 06-02-2025: Press Release

During Q3FY25, Ramco Cements witnessed a 9% increase in total sale volume, reaching 4.37 million tons. However, net revenue decreased by 6% to ₹1,988 Crores, primarily due to a 14% drop in cement prices year-on-year. EBITDA fell 28% to ₹291 Crores, with a corresponding decline in EBITDA per ton to ₹666. The operating profit ratio slipped to 15% from 19% in Q3FY24. On a positive note, power and fuel costs per ton dropped significantly to ₹1,061, thanks to improved clinker conversion and enhanced green power usage.

The company continues to optimize its capacity with ongoing projects aiming for a cement capacity of 30 MTPA by March 2026, further supported by strategic asset disposals prompting a reduction in debt by ₹487 Crores to a net debt of ₹4,616 Crores. The anticipated capital expenditure for FY26 is set at ₹1,200 Crores. Overall, while current revenue is pressured, the strategic management of costs and capacity optimization may position Ramco Cements for a positive outlook moving forward.