Dolat Capital: Ramco Cements Posts Robust Quarter, Valuations Appear Fair
A worker with Element Construction puts cement on brick before installing it on the side of a commercial building (Photographer Patrick Fallon/Bloomberg)

Dolat Capital: Ramco Cements Posts Robust Quarter, Valuations Appear Fair

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Dolat Capital Report

The Ramco Cements Ltd.’s revenue was in line however, Ebitda, realization/tonne, Ebitda/tonne and profit after tax were above estimates.

The company posted robust set of numbers with down 4.5%/ up 49.7%/ up 40.2% YoY growth in revenue/ Ebitda/ profit after tax to Rs 12.6 billion/ Rs 4.4 billion/ Rs 2.4 billion led by down 18.8%/ up 16.8% YoY growth in volume/ realization (up 4.1% QoQ).

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Dolat Capital Ramco Cement Q2FY21 Result Update.pdf

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