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Ramco Industries Limited (532369) Fair Value & Analysis

Industrial Goods · IN · Market cap ₹16.0B

RI Ramco Industries Limited 532369 · BSE
Price₹336.50
Fair Value₹348.03
Upside+3.4%
Quality60/100
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Evidence: High Range ₹262.12 – ₹348.03

Fair value as of: Jul 4, 2026

From 26 valuation models · updated today

Share price +10.6% over the past month.

Price vs Fair Value (12 months)

₹390.70 ₹233.80 Fair Value ₹348.03 Jun 2025 Jul 2026

12‑month range ₹233.80 – ₹390.70 · fair‑value band ₹262.12 – ₹348.03 · the ₹336.50 price screens below the ₹348.03 fair value. As of Jul 4, 2026.

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Analysis

Ramco Industries Limited (532369) currently trades at ₹336.50, while our model-based Fair Value estimate is ₹348.03 — implying the stock looks roughly 3.4% undervalued today. We read business quality at 60/100 (solid quality), in the Industrial Goods sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, Ramco Industries Limited generated revenue of ₹10.0B at a net margin of 19.9%. Revenue grew 18.5% year over year. It earns a return on equity of 6.1%. The stock trades on a trailing P/E of 8.5. Fundamentals as of Jul 4, 2026

Key figures & financial health

Revenue (TTM) ₹10.0B
Revenue growth (YoY) +18.5%
Net margin 19.9%
Return on equity 6.1%
P/E ratio 8.5
Operating margin 11.0%
More key figures
EPS (TTM) ₹23.77
Dividend yield 0.5%
EPS growth (YoY) +55.8%

Figures from reported company fundamentals (EODHD) · as of Jul 4, 2026. TTM = trailing twelve months.

About the company

Ramco Industries Limited engages in the building product, textile, and power generation businesses in India. It offers fiber cement roofing sheets and calcium silicate boards; and various accessories and metal framing products. The company also provides design and material consultancy, project execution, site quality assurance, and dry construction methods training services; and invests in securities. In addition, it operates 15 wind mills with an installed capacity of 16.73 MW in Tirunelveli and Coimbatore Districts of Tamil Nadu; Chitradurga and Hassan Districts in Karnataka; and Kutch District in Gujarat. Ramco Industries Limited was incorporated in 1965 and is headquartered in Chennai, India.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Ramco Industries Limited reported revenue of ₹16.6B in FY2025 versus ₹12.1B in FY2021, a compound +8.2%/yr. Reported net income was ₹1.8B in FY2025, compounding −10.2%/yr from FY2021.

Revenue +8.2%/yr
FY21 ₹12.1B
FY22 ₹14.6B
FY23 ₹14.6B
FY24 ₹15.0B
FY25 ₹16.6B
Net income −10.2%/yr
FY21 ₹2.8B
FY22 ₹3.0B
FY23 ₹1.2B
FY24 ₹1.1B
FY25 ₹1.8B

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Similar stocks

6 more General Building Materials stocks, each showing price versus our Fair Value estimate (as of Jul 4, 2026).

Stock Price Fair Value vs Fair Value
Patels Airtemp (India) Limited 517417 ₹372.10 ₹405.28 +9%
Pacific Industries Limited 523483 ₹132.00 ₹115.44 -13%
Sicagen India Limited 533014 ₹52.91 ₹92.58 +75%
Keerthi Industries Limited 518011 ₹39.99 ₹21.45 -46%
Solid Stone Company 513699 ₹24.60 ₹24.68 +0%
Inani Marbles and Industries Limited 531129 ₹10.70 ₹2.25 -79%

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Frequently asked questions

Is Ramco Industries Limited (532369) undervalued?
As of Jul 4, 2026, our model estimates a fair value of ₹348.03 versus a price of ₹336.50 — about +3% (undervalued). Model-based estimate, not financial advice.
What is the fair value of 532369?
Our model-based fair value for Ramco Industries Limited is ₹348.03 (as of Jul 4, 2026), built from audited fundamentals. The current price is ₹336.50.
What is the quality score of 532369?
Ramco Industries Limited has a Quality Score of 60/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Ramco Industries Limited (532369)?
Ramco Industries Limited reported trailing-twelve-month revenue of about ₹10.0B (latest available figure, as of Jul 4, 2026).
What is the net profit margin of 532369?
The net profit margin of Ramco Industries Limited is about 19.9%, meaning it keeps roughly 19.9% of revenue as net income. Based on the latest reported figures.
Does Ramco Industries Limited pay a dividend?
Ramco Industries Limited currently shows a dividend yield of about 0.49% relative to its recent price (as of Jul 4, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.