Ramco Cements shares in focus as company sees revenue doubling in 4–5 years

Shares of Chennai-based cement major Ramco Cements are set to be in focus on Wednesday after the company unveiled ambitious growth targets, including a Rs 2,000 crore revenue push from its new construction chemicals brand and a plan to double overall revenue in the next four to five years.

The Ramco Cements said on Tuesday it is targeting revenues of Rs 16,000 crore in the next four to five years, up from Rs 8,539 crore in FY25. The company also plans to expand cement production capacity to 30 million tonnes by March–June 2026, at an outlay of Rs 1,000 crore, Chief Executive Officer A V Dharmakrishnan told reporters.

“Since 1957, Ramco Cements has stood for vision, trust and integrity. From a modest 200 TPD unit, we have grown as the 5th largest producer in the Indian cement industry with 24 Million Ton Per Annum capacity,” Dharmakrishnan said.


Responding to a query, he said the investments required to scale up the capacity would be taken up at the company’s Kurnool plant in Andhra Pradesh. The expansion is expected to help the Chennai-based company register revenues of Rs 15,000–16,000 crore over the next four to five years, he added.

Launch of ‘Hard Worker’ brand

Dharmakrishnan, along with senior executives, also announced the launch of Hard Worker, a new brand identity under Ramco’s construction chemicals portfolio. With this, the company is eyeing Rs 2,000 crore in revenue from the division over the next four to five years, up sharply from Rs 210 crore in FY25.

The Hard Worker range includes 20 specialised products such as tile adhesives, waterproofing solutions, bonding agents and repair mortars. Some of these products are already available in South and Eastern markets, but Ramco plans to scale the brand into a pan-India offering to position itself as a complete construction solutions provider.

Financial performance

Ramco Cements closed FY25 with revenues of over Rs 8,500 crore and profits of Rs 417 crore. The company operates 11 cement plants, including five integrated units and six grinding units, with a total clinker capacity of 16 MnTPA and cement capacity of 24.44 MnTPA.

Shares of Ramco Cements ended flat at Rs 1,083.10 on the NSE on Tuesday.

Also read | Ramco Cements on track to expand production capacity to 30 mn tonnes by June 2026

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