The Ramco Cements Limited - 500260 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
INVESTOR MEET ON TODAY15-02-2022
15-02-2022
The Ramco Cements Limited - 500260 - Revised Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011.
The Exchange has revised received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on February 14, 2022 for Rajapalayam Mills Ltd14-02-2022
The Ramco Cements Limited - 500260 - M/S.Rajapalayam Mills Limited, One Of The Members Of Our Promoter Group Had Submitted Disclosure Under Regulation 7(2) Read With Regulation 6(2) Of SEBI (Prohibition Of Insider Trading) Regulations, 2015 (Form - C).
We clarify that M/s.Rajapalayam Mills LTD (RML) had submitted Non-disposal undertaking to Axis Bank Limited relating to 31,73,000 shares held by them in our Company, with regard to their availing of term loan from Axis Bank. While filing our disclosure under Re 7(2) 2) of SEBI through XBRL made, under the heading 'Transaction Type', we have no option to select 'Non-disposal undertaking' or 'others' in the drop down box. Hence we have selected 'Pledge' for the same.In the column Mode of Acquisition /Disposal, we have no option to select 'Non-disposal undertaking' in the drop down box and hence we have selected 'Others' for the same.In the 'Notes / Company Remarks' column, we had mentioned the following:'Non - Disposal Undertaking submitted by Rajaplayam Mills Ltd to Axis Bank Limited in connection with the term loan availed by them.' The confirmation received from RML that the transaction is not a pledge and only a non-disposal undertaking, is attached. Kindly take the same on record.09-02-2022
The Ramco Cements Limited - 500260 - Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011.
The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011on February 08, 2022 for Rajapalayam Mills Ltd08-02-2022
Buy The Ramco Cements; target of Rs 1019: KR Choksey
KR Choksey is bullish on The Ramco Cements has recommended buy rating on the stock with a target price of Rs 1019 in its research report dated January 27, 2022.02-02-2022
Buy Ramco Cements; target of Rs 1130: ICICI Direct
ICICI Direct is bullish on Ramco Cements recommended buy rating on the stock with a target price of Rs 1130 in its research report dated January 25, 2022.31-01-2022
Ramco Cements slips 7% as Q3 operating performance disappoints
Cement sales volumes of Ramco rose 15% y-o-y to 3.01 million tonnes aided by capacity expansions, but given the dismal operating performance, this didn't offer much solace to investors25-01-2022
Earnings Call for Q3FY22 The Ramco Cements
Conference Call with The Ramco Cements Management and Analysts on Q3FY22 Performance and Outlook. Listen to the full earnings transcript.24-01-2022
Q3FY22 Quarterly Result Announced for The Ramco Cements Ltd.
Cement & Cement Products company The Ramco Cements declares Q3FY22 result: During Q3 of CY, the sale of cement is 3.01 million tons, compared to 2.61 million tons in the corresponding period of the PY with a growth of 15%. During this quarter, the Company has launched its new product viz. Super Plaster in Karnataka and AP markets. This product was launched in Tamil Nadu during the previous quarter. The company continue to focus on the strategy of right products for right applications to make its brand stronger. During Q3 of CY windfarms have generated 2.28 crore units as against 3.50 crore units in the previous corresponding period, resulted in decrease of 35% Net revenue for Q3 of CY is Rs.1,556 crores as against Rs.1,345 crores during Q3 of PY with a growth of 16%. EBIDTA for Q3 of CY is Rs.238 crores as against Rs.403. crores during Q3 of PY with de-growth of 41% due to sharp increase in fuel price and drop in cement prices. Blended EBIDTA per ton for the Q3 of CY is Rs.790/- as against Rs.1,543/- during Q3 of PY. Operating ratio for Q3 of CY is 15% as against 30% in Q3 of PY. The industry could not pass on the cost increase arising out of sharp fuel price hike, to its customers in view of weak demand persisted during the quarter, due to various reasons viz, monsoon, festivals and COVID implications. The average increase in diesel prices by 22% during the current quarter has resulted in increase of in-bound / out-bound logistics cost. The spot prices of pet coke per ton has peaked to $250 in Oct-21 and the current spot CIF price is around $150. The spot prices of imported coal per on of 5000 GAR from Indonesia have gone to the unprecedented level of $225 in Qct-21 and gradually softened to $110 in Dec-21. Since the fuel, prices have peaked out during this quarter the power & fuel cost per ton of cement for Q3 has sharply increased to Rs.1,380/- from Rs.818/- in Q3 of PY. Result PDF24-01-2022
The Ramco Cements Limited - 500260 - Announcement under Regulation 30 (LODR)-Newspaper Publication
NEWS PAPER PUBLICATION RESULTS24-01-2022