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Trades about 1% above its sector, the market expects faster growth.
Based in Chennai, India, The Ramco Cements Limited was established in 1957. The company is a key player in the Indian construction materials sector, producing and distributing a wide array of products including cement, ready-mix concrete, and dry mortar. Operating under its prominent RAMCO brand, its diverse cement portfolio features specialized types such as formulated blended cement, Portland Pozzolana cement, sulphate-resisting cement, sleeper grade cement, super fast cement, and ordinary Portland cement, in addition to cement-based putty. Beyond its core manufacturing, Ramco Cements also generates and sells electricity, utilizing both wind and thermal power sources. For instance, as of March 31, 2022, it managed a wind farm equipped with 127 wind electric generators, boasting a total installed capacity of 125.95 MW. The company extends its market reach internationally through product exports. Historically, the firm operated as Madras Cements Ltd. before rebranding to The Ramco Cements Limited in July 2013.
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