Bigul

The Ramco Cements Limited - 500260 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

The Nomination and Remuneration Committee of the Board of Directors of the Company at its meeting held on 15t November 2021, has approved an allotment of 25,168 equity shares of Rs.1/- each, beingthe exercise of 6,667 equity stock options under the Employee Stock Option Scheme 2018 - Plan A, (ESOS 2018 Plan A) and 18,501 equity stock options under the Employee Stock Option Scheme 2018- Plan B, (ESOS 2018 Plan B). Consequent to this, the equity share capital of the Company has increased from 23,62,20,712 equity shares of Rs.1/- each to 23,62,45,880 equity shares of Rs.1/- each. Subsequent to this allotment, the Company''s paid up share capital stands at Rs.23,62,45,880/-. The meeting commenced at 10.00 AM & concluded at 10.30 AM. The Company will be applying for the listing and trading permission shortly.
01-11-2021
Bigul

The Ramco Cements Ltd - 500260 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate

Intimation regarding receipt of intimation for loss of share certificate under Regulation 39(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
28-10-2021

Buy The Ramco Cements; target of Rs 1106: Motilal Oswal

Motilal Oswal is bullish on The Ramco Cements recommended buy rating on the stock with a target price of Rs 1106 in its research report dated October 25, 2021.
26-10-2021
Bigul

Ramco Cements Q2 net soars to 517 crore

The Ramco Cements Ltd reported a profit after tax of 517 crore for the quarter ended September 30, compared with 236 crore in the year-ago period
25-10-2021
Bigul

Q2FY22 Quarterly Result Announced for The Ramco Cements Ltd.

Highlight: During Q2 of CY, the sale of cement is 2.71 million tons, compared to 2.21 million tons in the corresponding period of the previous year with a growth of 23%. The utilisation rate for Q2 of CY is 74% as against 70% in Q2 of PY based on clinker capacity. During the current quarter, cement demand was affected in eastern markets due to heavy monsoon. Also in Southern market, Cement demand dampened in Kerala due to weekend lock downs and heavy monsoon during the current quarter. Company's strategy of right cement for right applications yielded positive results. We see strong signs of demand recovery in the coming quarters. The company continue to focus on this to make its brand stronger and to gain market share. During Q2 of CY our windfarms have generated 12.13 crore units as against 10.20 crore units in Q2 of PY, resulted in increase of 19%. Net revenue for Q2 of CY is Rs.1,501 crores as against Rs.1,265 crores during Q2 of PY with a growth of 19%. EBIDTA for Q2 of CY is Rs.402 crores as against Rs.450 crores during Q2 of PY with de-growth of 11% due to increase in operating cost. Blended EBIDTA per ton for the Q2 of CY is Rs.1,484/- as against Rs.2,035/- during Q2 of PY. Operating ratio for Q2 of CY is 27% as against 36% in Q2 of PY. The average increase in diesel prices by 20% during the current quarter has resulted in increase of in-bound / out-bound logistics cost. The power & fuel cost per ton of cement for Q2 has increased to Rs.1057/- from Rs.823/- in Q2 of PY. The spot market price of pet coke have increased to $250 CIF in Sep-21 and the price of imported coal from Australian origin have increased to $220 in Sep-21. The continuous increase in fuel prices is likely to push up the cost further in the coming quarters. However, the operations of 18 MW WHRS in Jayanthipuram have helped to offset the power & fuel cost for the company to certain extent. The balance 9 MW WHRS in Jayanthipuram is expected to be commissioned in Q3 of the current year. In view of steep cost increase, the need for price increase is imperative to sustain the business operations. The company is conducting various meetings to educate dealers in this regard. Interest cost for Q2 of CY is Rs.29 crores as against Rs.27 crores during the previous corresponding period. The effective average cost of borrowing for Q2 of CY is 5.47% as against 6.59% for the FY 2020-21. Depreciation for Q2 of CY is Rs.99 crores as against Rs.85 crores during the previous corresponding period. Profit before tax for Q2 of CY is Rs.274 crores as against Rs.338 crores during the previous corresponding period with a de-growth of 19%. As per Section 115BAA in the Income Tax Act, 1961, the Company has an irrevocable option of shifting to a lower tax rate and simultaneously forgo certain tax incentives, deductions and accumulated MAT credit. In view of the overall tax benefits available under the said option, the Company has opted for shifting to lower tax rate from FY 2021-22 during the current quarter. Consequent to adoption of new tax regime, the company is entitled to write back the excess deferred tax provision of Rs.305.58 crores from Deferred Tax Liability to P&L.; While there will be no impact on Profit before Tax, the Profit after Tax will be higher by Rs.305.58 crores for the current quarter. Result PDF
25-10-2021
Bigul

The Ramco Cements Limited - 500260 - Financial Results For The Quarter And Six Months Ended 30.09.2021

As required under Regulation 33(3)(a) and (b) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 [LODR], we enclose the Unaudited Standalone and Consolidated Financial Results for the quarter and six months ended 30.09.2021, as approved by the Board of Directors at their meeting held today (25.10.2021). As required under Regulation 33(2)(c) of LODR, we also enclose copies of the Limited Review Reports given by the Auditors on the Unaudited Standalone and Consolidated Financial Results for the quarter and six months ended 30.09.2021. As required under Point No: A - 4 of Annexure I of SEBI Circular No: CIR/CFD/CMD/4/2015 dated September 09, 2015, we wish to inform the following: Time of commencement of the Board Meeting - 11.30 AM Time of completion of the Board Meeting - 12.50 PM
25-10-2021
Bigul

The Ramco Cements Limited - 500260 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Sub: Intimation of Investor Meet Pursuant to Clause 15 of Schedule Ill, Part A, Para A read with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that an Online Investors'' Meet is scheduled on 25.10.2021, organised by ICICI Securities.
21-10-2021
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