RAMCOCEM NSE filing

Ramco Cements Q2FY26 Standalone Results: Revenue up 9% YoY, EBITDA up 22%

The RealCase readMedium impact Positive

Ramco Cements reports a 9% increase in revenue and a 22% increase in EBITDA for Q2FY26. The company launched a new brand identity for its construction chemical products.

Why it matters

The results show significant growth and efficiency improvements. The launch of new products and expansion plans indicate positive future prospects.

The market read

The announcement highlights positive financial performance with increased revenue and EBITDA, along with strategic initiatives like new product launches.

* Ramco Cements announced standalone unaudited results for Q2FY26. * Cement capacity utilization for Q2FY26 is at 71% compared to 75% in Q2FY25, due to additional capacities of 1.3 MTPA created by de-bottlenecking during H2FY25. * Cement sale volume remained flat at 4.40 million tons compared to Q2FY25 due to early monsoon and GST rate rationalization. * Construction chemicals business registered a sale volume of 1.48 lakh tons for Q2FY26, a growth of 72% from 0.86 lakh tons in Q2FY25. * Net revenue for Q2FY26 is ₹2,242 crores, a 9% YoY increase from ₹2,050 crores in Q2FY25. * EBIDTA for Q2FY26 is ₹394 crores, a 22% increase from ₹323 crores during Q2FY25, driven by improved cement prices and reduced power and fuel costs. * Blended EBIDTA per ton for Q2FY26 is ₹866 compared to ₹721 in Q2FY25. * Operating profit ratio for Q2FY26 is 18% compared to 16% in Q2FY25. * Power & fuel cost per ton of cement for Q2FY26 decreased to ₹1,029 compared to ₹1,121 in Q2FY25, with green energy usage increasing from 39% to 48%. * Interest cost reduced from ₹120 crores in Q2FY25 to ₹111 crores in Q2FY26 due to reduced borrowings and repo rate cuts. * Profit before tax for Q2FY26 is ₹100 crores compared to ₹35 crores during Q2FY25. * The company launched a new brand identity "Hard Worker" for its construction chemical products portfolio. * Net debt as of September 30, 2025, is ₹4,591 crores compared to ₹4,481 crores as of March 31, 2025. * The company aims to achieve a cement capacity of 30 MTPA by March 2026 with the commissioning of the 2nd line of cement grinding during Q4FY26 in Kolimigundla. * Construction Chemicals unit in Odisha was commissioned during Jul-25. The WHRS capacity of 10 MW in RR Nagar was commissioned during Sep-25. * The estimated capex for FY26 is ₹1,200 crores. * The company has monetized ₹501 Crores out of a targeted ₹1,000 Crores of non-core assets.

Filing to action

What to do with a filing like this

The Ramco Cements Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.

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Primary source

A plain-language summary of a public exchange filing by The Ramco Cements Limited. Read the original for the full detail.

View original filing