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

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

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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