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Ramco Industries Limited (RAMCOIND) Fair Value & Analysis

Industrials · IN · Market cap ₹29.1B

RI Ramco Industries Limited RAMCOIND · NSE
Price₹336.10
Fair Value₹422.55
Upside+25.7%
Quality65/100
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Evidence: High Range ₹309.57 – ₹515.95

Fair value as of: Jul 3, 2026

From 26 valuation models · updated today

Share price +10.9% over the past month.

Price vs Fair Value (12 months)

₹391.30 ₹233.80 Fair Value ₹422.55 Jul 2025 Jul 2026

12‑month range ₹233.80 – ₹391.30 · fair‑value band ₹309.57 – ₹515.95 · the ₹336.10 price screens below the ₹422.55 fair value. As of Jul 3, 2026.

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Analysis

Ramco Industries Limited (RAMCOIND) currently trades at ₹336.10, while our model-based Fair Value estimate is ₹422.55 — implying the stock looks roughly 25.7% undervalued today. We read business quality at 65/100 (solid quality), in the Industrials 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 ₹17.9B at a net margin of 17.1%. Revenue grew 19.8% year over year. It earns a return on equity of 7.0%. Net debt stands at ₹568M. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹17.9B
Revenue growth (YoY) +19.8%
Net margin 17.1%
Return on equity 7.0%
Free cash flow ₹1.6B FY2026
P/E ratio 16.1
More key figures
Operating margin 11.9%
EPS (TTM) ₹20.88
Dividend yield 0.4%
EPS growth (YoY) +146%
Net debt ₹568M FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

Ramco Industries Limited engages in the building products, textiles, and power generation businesses in India. The company operates through three segments: Building Products, Textile and Wind Power Generation segments. It offers fibre cement roofing sheets, calcium silicate boards, and fibre cement boards. In addition, the company provides jointing compounds, fibre tape, stud, screws, wool mat; and flooring and ceiling intermediate related products. Further, it offers pre-coated wall angle, frame, and level clips; and rawl plug, fibre tape mesh, self-drilling, and tapping screws. Additionally, the company provides design and material consultancy, project execution, site quality assurance, and dry construction methods training services. Furthermore, it engages in the sale of electricity generated from windmills. Ramco Industries Limited was incorporated in 1965 and is headquartered in Chennai, India.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Ramco Industries Limited reported revenue of ₹17.9B in FY2026 versus ₹14.6B in FY2022, a compound +5.3%/yr. Reported net income was ₹3.1B in FY2026, compounding +0.3%/yr from FY2022.

Revenue +5.3%/yr
FY22 ₹14.6B
FY23 ₹14.5B
FY24 ₹15.0B
FY25 ₹16.5B
FY26 ₹17.9B
Net income +0.3%/yr
FY22 ₹3.0B
FY23 ₹1.2B
FY24 ₹1.1B
FY25 ₹1.8B
FY26 ₹3.1B

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Similar stocks

6 more Building Products & Equipment stocks, each showing price versus our Fair Value estimate (as of Jul 3, 2026).

Stock Price Fair Value vs Fair Value
Trane Technologies plc TT $449.12 $197.87 -56%
Johnson Controls International plc JCI $139.36 $41.08 -71%
Carrier Global Corporation CARR $68.54 $16.53 -76%
Compagnie de Saint-Gobain S.A CODGF $89.95 $114.91 +28%
Daikin Industries,Ltd. DKILF $148.97 $132.61 -11%
Geberit AG GBERF $661.46 $347.91 -47%

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Frequently asked questions

Is Ramco Industries Limited (RAMCOIND) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹422.55 versus a price of ₹336.10 — about +26% (undervalued). Model-based estimate, not financial advice.
What is the fair value of RAMCOIND?
Our model-based fair value for Ramco Industries Limited is ₹422.55 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹336.10.
What is the quality score of RAMCOIND?
Ramco Industries Limited has a Quality Score of 65/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Ramco Industries Limited (RAMCOIND)?
Ramco Industries Limited reported trailing-twelve-month revenue of about ₹17.9B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of RAMCOIND?
The net profit margin of Ramco Industries Limited is about 17.1%, meaning it keeps roughly 17.1% 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 0.37% relative to its recent price (as of Jul 3, 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.