Ramco Industries Reports Strong Financial Performance in Q1 FY25

Ramco Industries, a smallcap company in the construction material industry, has recently declared its financial results for the quarter ending June 2024. According to the latest report, the company has shown positive performance in terms of financials, with a score of 9 out of 10, a significant improvement from the previous score of 1 in the last three months.

One of the key factors contributing to this positive performance is the company’s ability to manage interest payments, with an operating profit to interest ratio of 14.46 times, the highest in the last five quarters. This indicates that Ramco Industries is improving its financial management and reducing its debt burden.

Additionally, the company has also generated higher cash revenues from its business operations, with an annual operating cash flow of Rs 134.67 crore in the last three years. This is a positive sign for investors as it shows the company’s ability to generate cash and sustain its operations.

In terms of sales, Ramco Industries has shown a positive trend, with the highest net sales of Rs 543.16 crore in the last five quarters. This indicates a strong demand for the company’s products in the market.

Furthermore, the company’s operating profit (PBDIT) and profit before tax (PBT) have also shown a positive trend, with the highest figures of Rs 56.82 crore and Rs 44.08 crore respectively in the last five quarters.

Moreover, Ramco Industries has also been reducing its debt-to-equity ratio, with the lowest ratio of 0.06 times in the last five half-yearly periods. This shows the company’s efforts towards reducing its borrowing and strengthening its financial position.

In terms of profitability, the company has also shown a significant increase in its profit after tax (PAT) in the nine-month period ending June 2024, with a higher figure of Rs 109.60 crore compared to the previous 12-month period of Rs 92.41 crore.

Overall, Ramco Industries has shown a positive financial performance in the quarter ending June 2024, with strong figures in key areas such as interest management, cash flow, sales, and profitability. This makes it a promising company to watch out for in the construction material industry.