The Ramco Cements Limited has released its investor update for the half-year and second quarter of FY27. The company reported a 10% increase in revenue for H1 FY27, reaching ₹4,742.02 crore. Sales volume for cement grew by 9% YoY and 7% QoQ in 2QFY27. Capacity utilization stood at 72% for 2QFY27 and 71% for 1HFY27. The update also details key performance indicators, financial analysis, and brand campaign successes.
Ramco Cements Investor Update for 1HFY27 and 2QFY27
The Ramco Cements Limited has issued an investor update detailing its performance for the first half of FY27 (1HFY27) and the second quarter of FY27 (2QFY27). The update provides insights into the company’s market performance, sales, capacity utilization, financial health, and strategic initiatives.
Key Financial Highlights
Standalone Revenue saw a significant rise, with 1HFY27 revenue reaching ₹4,742.02 crore, a 10% increase compared to ₹4,318.50 crore in 1HFY26. In 2QFY27, revenue grew by 10% to ₹2,465.84 crore from ₹2,241.89 crore in 2QFY26.
Profit Before Tax (PBT) for 1HFY27 (before exceptional items) was ₹76.27 crore, a decrease from ₹216.71 crore in 1HFY26. However, PBT for 2QFY27 (before exceptional items) stood at ₹47.34 crore, down from ₹100.24 crore in 2QFY26. Profit After Tax (PAT) for 1HFY27 was ₹70.04 crore, down from ₹160.32 crore in 1HFY26. For 2QFY27, PAT was ₹38.18 crore, a decrease from ₹74.31 crore in 2QFY26.
EBITDA for 1HFY27 stood at ₹644.92 crore, a 19% decrease from ₹798.08 crore in 1HFY26. In 2QFY27, EBITDA was ₹330.54 crore, a 16% decrease from ₹393.96 crore in 2QFY26.
Sales and Capacity Utilization
Sales & Capacity Utilization for 2QFY27 shows a cement capacity utilization of 72%, with OPC share at 34% and B2B share at 31%. Cement sales for 2QFY27 were 47.38 lac tons, an 8% increase YoY. Construction chemicals sales saw a 51% increase to 2.04 lac tons.
For 1HFY27, cement capacity utilization was 71%, with OPC share at 34% and B2B share at 32%. Cement sales for 1HFY27 were 92.18 lac tons, a 10% increase YoY. Construction chemicals sales grew by 26% to 3.39 lac tons.
Market Update
The South region in 2QFY27 experienced volume growth (B2C & B2B) YoY, with premium product share at 32% and volume share at 83%. Trade prices saw a +1% increase.
The East region also saw volume growth (B2C & B2B) YoY, with premium product share at 23% and volume share at 17%. Trade prices remained flat.
Other Key Updates
- Macro Economics highlights GDP growth of 7.8% YoY in Q1 FY27 and industrial production growth of 8.0% YoY in Aug-26.
- Positives include strong cement production growth and significant Union capex for infrastructure.
- Watch Outs point to the West Asia conflict impacting energy and freight costs, volatile commodity prices, and reservoir levels below average in South India.
- Capex update indicates ₹197 Crores incurred in 2QFY27 and ₹373 Crores in 1HFY27.
- ESG Update shows CO2 emissions at 572 Kg / T of Cement, 66% blended cement, 4.5x water positive, and 50% green energy usage.
- Brand Recognition includes awards for the ‘Hard Worker’ campaign and various operational excellence and CSR initiatives.
Source: BSE
