Ramco Cements Q4 FY26: Net Profit Jumps Nearly 5x To ₹151 Crore

The Ramco Cements reported a sharp improvement in earnings for the March quarter of FY26. The profit rose nearly fivefold on a year-on-year basis. The growth was backed by stronger sales realisations, improved operating performance and exceptional gains during the financial year.

For Q4 FY26, Ramco Cements posted consolidated net profit of ₹150.72 crore, compared with ₹25.64 crore in Q4 FY25, a 487.6% year-on-year increase. Revenue from operations stood at ₹2,610.32 crore, up 8.9% from ₹2,397 crore in the year-ago quarter.

Operating performance also improved during the quarter. EBITDA came in at ₹370.66 crore, compared with ₹319.22 crore a year earlier, a growth of roughly 16% YoY. EBITDA margin expanded to 14.3%, when compared to 13.4% in Q4 FY25. Profit before tax rose to ₹177.37 crore, up from ₹46.98 crore last year.

On 27 May 2026, Ramco Cement shares fell 0.54% on the National Stock Exchange.

FY26 Full-Year Performance

For the full financial year ended 31 March 2026, Ramco Cements delivered strong earnings growth.

• Standalone revenue: ₹9,055.92 crore vs ₹8,539.10 crore in FY25 (+6.1%)

• Consolidated revenue: ₹9,070.22 crore vs ₹8,559.57 crore (+6.0%)

• Standalone net profit: ₹693.62 crore vs ₹417.39 crore (+66%)

• Consolidated net profit attributable to shareholders: ₹698.65 crore vs ₹272.65 crore

• Standalone EBITDA: ₹1,482 crore vs ₹1,276 crore

• Blended EBITDA per tonne: ₹788 vs ₹690 in FY25

• EPS: ₹29.33 per share vs ₹17.65 last year

Volume, Capacity And Cost Metrics

Operationally, the company reported cement sales volume of 18.81 million tonnes in FY26, compared with 18.50 million tonnes in FY25, translating into 2% growth.

Capacity utilisation came in at 74%, lower than 77% a year earlier, mainly after the company added 2 MTPA capacity during February 2026.

Ramco also reported improved cost efficiency:

• Power & fuel cost per tonne: ₹1,098 vs ₹1,123 in FY25

• Green power share: 40% of the total power mix

Also Read - Bharti Airtel Leads Subscriber Additions In April, Beats Jio In Both Wireless And Wireline Segment

Exceptional Item And Dividend

A key contributor to FY26 profitability was ₹573.52 crore profit from the sale of surplus land. The company also booked a ₹20.35 crore one-time expense related to the implementation of the Social Security Code.

The board has recommended a dividend of ₹2.50 per equity share of ₹1 each for FY26, subject to shareholder approval at the upcoming AGM.

Sources:

Business Standard

CNBC TV18