MarketFriction

Ramky Infrastructure Ltd

NSE RAMKY · BSE 533262 · Civil Construction
₹274.60 -1.61%
NSE close2026-10-01
52 week range274.50 - 705.00
Market cap₹2,033 Cr.
P/E10.9
Price band 20% Delivery 53.9%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales582441581569527459489379472489507471
Expenses401364486453399369487303389413511443
Operating Profit1817796116129902768376-429
OPM %31%17%16%20%24%20%0.4%20%18%16%-0.8%6%
Other Income414043363640556157627472
Interest464528293026352218181637
Depreciation12121312131313141515149
Profit before tax16459971111229081011081054055
Tax %26%37%41%36%32%34%245%24%30%26%-29%30%
Net Profit1213858718360-127776785239
EPS in Rs16.285.278.299.7711.308.15-1.9410.7510.8711.356.215.68
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales2,0481,7191,5781,7491,3871,0561,4591,7052,1612,0451,8461,938
Expenses2,1181,6011,5671,5721,4329541,2531,3671,6491,7081,6161,755
Operating Profit-6911811177-45103205338512336230183
OPM %-3.4%7%0.7%10%-3.3%10%14%20%24%16%12%9%
Other Income5033915252531691853221,456158166255266
Interest3973993693783413253733631581207388
Depreciation665955484532314248515752
Profit before tax-29501113-263-701231,389463331354308
Tax %22%68%41%102%1%-128%67%17%31%36%20%
Net Profit-45-1233-0-26619401,153321210283245
EPS in Rs-8.16-1.065.002.51-28.622.833.41164.8344.4828.5439.1734.11
Dividend Payout %0%0%0%0%0%0%0%0%0%0%3%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth-1%12%3%5%
Compounded Profit Growth22%68%45%-4%
Stock Price CAGR15%17%-21%-48%
Return on Equity8%13%14%11%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital575757576069696969696969
Reserves7452992933523892512712071,3421,6431,8352,093
Borrowings3,6713,2213,0952,9702,7212,4702,3032,1241,650834570591
Other Liabilities2,0621,7982,1301,6161,4461,5171,7342,1531,5791,7091,7061,370
Total Liabilities6,5355,3745,5764,9964,6164,3084,3774,5524,6414,2564,1814,124
Fixed Assets1,315354303298280239202265329217206186
CWIP11441601282861001
Investments10519817013866777000
Other Assets5,1044,8195,0984,5454,3304,0624,1414,2524,2444,0393,9753,937
Total Assets6,5355,3745,5764,9964,6164,3084,3774,5524,6414,2564,1814,124
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity149-1603504214042632222782,611370373-262
Cash from Investing Activity297578-21106301-85-215-72-11413
Cash from Financing Activity-158110-491-421-477-195-227-327-1,650-1,011-380-69
Net Cash Flow2025-63-213398-3-135745-712-1882
Free Cash Flow150-1604103583902591851842,4772622293
CFO/OP-87%211%297%3,487%227%-565%171%128%768%87%125%-79%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days21718025321812696115111817067152
Inventory Days3,2481,17427
Days Payable3,4931,482203
Cash Conversion Cycle-28-12825321812696115111817067-25
Working Capital Days-15328-56-31-47-134-164-409-2492-62101
ROCE %-4%9%11%14%11%3%9%19%16%21%17%14%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters69.81%69.81%69.81%69.81%69.81%69.81%69.81%69.81%69.81%69.81%69.81%69.81%
FIIs0.60%0.56%0.61%0.30%0.46%0.74%1.22%1.48%1.30%1.24%1.85%1.92%
DIIs0.38%0.43%0.48%0.48%0.68%0.51%0.61%0.70%0.79%0.79%0.91%0.91%
Public29.23%29.21%29.10%29.40%29.06%28.93%28.35%28.01%28.10%28.18%27.44%27.37%
No. of Shareholders16,36616,98420,75123,83924,03723,88123,25123,24123,16222,27823,21623,063

Fundamentals

Market Cap₹ 2,033 Cr.
Current Price₹ 294
Stock P/E10.9
Book Value₹ 312
ROCE13.7 %
ROE11.1 %
Dividend Yield0.34 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)5%
Compounded Profit Growth (TTM)-4%
Consolidated figures.
Valuation
Market capRs 1,898 Cr
Enterprise valueRs 2,222 Cr
P/E (TTM)8.04x
Price to book0.88x
Price to sales0.98x
EV / EBITDA4.95x
EV / EBIT5.61x
EV / sales1.15x
Earnings yield12.43%
Dividend yield0.36%
P/E, 3-year average13.31x
P/B, 3-year average1.80x
P/E, 5-year average20.01x
P/B, 5-year average2.36x
Profitability
Operating margin (excl. other income)12.47%
Operating margin (incl. other income)26.25%
EBITDA margin23.15%
Pre-tax margin15.91%
Net profit margin12.17%
Net margin, latest quarter8.34%
ROE13.33%
ROCE16.35%
ROA6.53%
ROE, 3-year average14.65%
ROCE, 3-year average18.83%
ROA, 3-year average6.04%
ROE, 5-year average37.36%
ROCE, 5-year average28.07%
ROA, 5-year average8.69%
ROIC (approx.)12.73%
Tax rate20.14%
Other income / net worth11.77%
Growth
Sales growth (latest year)-9.69%
Profit growth (latest year)37.25%
Sales CAGR, 3 years2.69%
Sales CAGR, 5 years11.82%
Profit CAGR, 3 years-38.06%
Profit CAGR, 5 years69.18%
Sales growth QoQ-7.00%
Profit growth QoQ-8.50%
Sales growth YoY (latest quarter)24.26%
Profit growth YoY (latest quarter)-47.18%
Per share
EPS (TTM)Rs 34.13
EPS (latest quarter)Rs 5.68
EPS, 3-year averageRs 36.51
EPS, 5-year averageRs 60.32
Book value per shareRs 312.80
Sales per shareRs 280.41
Cash flow per shareRs -37.93
Free cash flow per shareRs 0.43
Dividends
Dividend payout2.55%
Dividend payout, 3-year average2.55%
Dividend payout, 5-year average2.55%
Efficiency
Asset turnover0.45x
Fixed asset turnover9.93x
Inventory turnover13.57x
Inventory days27 days
Debtor days152 days
Debtors turnover2.41x
Creditor days203 days
Cash conversion cycle-25 days
Working capital days101 days
Leverage
Total debtRs 591 Cr
Cash and bankRs 267 Cr
Net debtRs 324 Cr
Debt to equity0.27x
Net debt / EBITDA0.72x
Interest coverage4.51x
Current ratio (filing 2026-03-31)1.57x
Quick ratio (filing 2026-03-31)1.50x
Trade payables (filing 2026-03-31)Rs 730 Cr
Owners' fund to total sources52.44%
Debt to assets14.34%
Cash flow
Cash from Operating Activity (latest year)Rs -262 Cr
Cash from Investing Activity (latest year)Rs 413 Cr
Cash from Financing Activity (latest year)Rs -69 Cr
Net Cash Flow (latest year)Rs 82 Cr
Free cash flow (latest year)Rs 3 Cr
FCFE (approx.: FCF + change in debt)Rs 24 Cr
Cash from ops / profit, 5 years1.68x
Statement figures
Net sales (TTM)Rs 1,938 Cr
Net sales (latest year)Rs 1,846 Cr
Sales (latest quarter)Rs 471 Cr
Operating profit excl. other income (latest year)Rs 230 Cr
Operating profit (latest quarter)Rs 29 Cr
Other income (TTM)Rs 266 Cr
EBITDA (TTM)Rs 449 Cr
PBDT (TTM)Rs 361 Cr
Profit before tax (TTM)Rs 308 Cr
Tax (latest year)Rs 71 Cr
Net profit (TTM)Rs 236 Cr
Net profit (latest year)Rs 271 Cr
Net profit (latest quarter)Rs 39 Cr
Depreciation (TTM)Rs 52 Cr
Depreciation (latest quarter)Rs 9 Cr
Interest (TTM)Rs 88 Cr
Cost of goods sold (latest year)Rs 1,313 Cr
Total expenditure (latest year)Rs 1,616 Cr
Total income (latest year)Rs 2,101 Cr
Share capitalRs 69 Cr
ReservesRs 2,093 Cr
Shareholders' fundsRs 2,162 Cr
Total assetsRs 4,124 Cr
Net blockRs 186 Cr
Capital work in progressRs 1 Cr
InvestmentsRs 0 Cr
ReceivablesRs 767 Cr
InventoryRs 97 Cr
Other liabilitiesRs 1,370 Cr
Shares outstanding (crore)6.91
Ownership
Promoter holding69.81% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 8.1 is at the 13th percentile of its own 7.4-year range (median 20.7, low 2.3, high 116.8).
P/B 0.88 is at the 12th percentile (median 2.26).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodRAMKYNifty 50Difference
1 week-11.5%-2.8% -8.7 pts
1 month-20.1%-6.8% -13.3 pts
3 months-31.9%-7.6% -24.3 pts
6 months-35.4%+0.4% -35.8 pts
1 year-54.6%-9.9% -44.7 pts
2 years-60.7%-13.6% -47.1 pts
3 years-54.3%+14.2% -68.5 pts
5 years+95.0%+27.9% +67.1 pts
1 mutual fund schemes hold about ₹0 Cr. Over three months 0 bought more and 0 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Motilal Oswal BSE 1000 Index Fund0.00%0

Red flags

F-score 3 of 8
explainHigh accruals Profit exceeded operating cash by 13% of total assets in 2026
explainReceivables outrunning sales Receivables grew 104% vs sales -10% in 2026
lookProfit leans on other income Other income was 72% of pre-tax profit in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹471 Cr +24.3% vs Jun 2025. Net profit ₹39 Cr -49.4%.
Against our estimate for Jun 2026: sales +18.2%, profit -38.9% miss. Our estimate for Sep 2026: sales Rs 538 Cr, profit Rs 70 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-09-18Dividend - Re 1 Per Share
2015-09-22 Annual General Meeting
2014-09-24Annual General Meeting
2013-08-07Annual General Meeting
2012-08-08Annual General Meeting
2011-08-04Annual General Meeting And Dividend Rs.4.50 Per Share
DateTypeWhat it says
2026-09-29Shareholder meetingRamky Infrastructure Limited has submitted the Exchange voting results along with the Srutinizers report of the Annual General Meeting held on Septemb...
2026-09-26Shareholder meetingProceedings of the 32nd Annual General Meeting of the Company held on September 26, 2026
2026-09-16Change in Company Secretary/Appointment of Ms. Pooja Kachalia as Company Secretary and Compliance Officer of the Company w.e.f 16.09.2026
2026-09-16Board meeting outcomeOutcome of Board Meeting held on September 16, 2026.
2026-09-10Record DateRecord date for the purpose of Dividend is 18-Sep-2026.
2026-09-04Shareholder meetingNotice of Annual General Meeting to be held on September 26, 2026
2026-08-10UpdatesInvestor Presentation.
2026-08-10Change in ManagementRe-appointment of Mr. Yancharla Rathnakara Nagaraja (DIN: 00009810), as Managing Director of the Company
2026-08-10Change in ManagementRe-appointment of Mr. Eshwar Reddy Purmandla (DIN: 01892327), as an Independent Director of the Company
2026-08-10Change in ManagementRecommendation of re-appointment of Dr. Anantapuram Guggela Ravindranath Reddy (DIN: 01729114) as Non-Executive Director of the Company whose office i...
2026-08-10Board meeting outcomeRamky Infrastructure Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-15Structural Digital DatabaseCompliance of SDD for quarter ended 30.06.2026
2026-05-27CessationCessation of Mr Kesava Datta as Company Secretary & Compliance Officer of the company w.e.f. May 27, 2026.
2026-05-27CessationCessation of Mr Kesava Datta N as Company Secretary & Compliance Officer of the company w.e.f. Jun 30, 2026.
2026-05-27General UpdatesTHE BOARD OF DIRECTORS HAVE APPROVED FINAL DIVIDEND FOR 2025-26 AT 10%
2026-05-27General UpdatesGeneral Updates
2026-05-27Press ReleaseA press release dated May 27, 2026, titled "Press Release".
2026-05-27Board meeting outcomeRamky Infrastructure Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-05-07Regulatory actionAction(s) initiated or orders passed
2026-04-24Shareholder meetingVoting results.
2026-04-13Disclosure under SEBI TakeovRamky Infrastructure Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (...
2026-04-10Structural Digital DatabaseCompliance of SDD for quarter ended 31032026
2026-03-31AgreementsAgreements
2026-03-28Board meeting outcomeOutcome of Board Meeting held on March 28, 2026.
2026-03-23Shareholder meetingNotice of Postal Ballot
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2021-07-02NCLTVyshnavi Constructions Vs Ramky Infrastructure Ltd Vs
2021-04-01NCLTMohan Lal Construction Vs Ramky Infrastructure Ltd Vs
2021-04-01NCLTWinner Enterprises Vs Ramky Infrastructure Ltd Vs
2021-03-25NCLTMaa Engineering Works Vs Ramky Infrastructure Ltd
2021-03-25NCLTMohan Lal Construction Vs Ramky Infrastructure Ltd
2021-03-25NCLTIndian Overseas Bank Vs Ramky Infrastructure Ltd
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
High low price variation greater than 150perc in previous 12 months

Quick answers

What is the market cap of Ramky Infrastructure Ltd?

Ramky Infrastructure Ltd (RAMKY) has a market capitalisation of Rs 2,033 Cr. at the 2026-10-01 close.

What is the P/E ratio of Ramky Infrastructure Ltd?

Ramky Infrastructure Ltd trades at a P/E of 10.9 on trailing twelve-month profit, at the 2026-10-01 close.

What were Ramky Infrastructure Ltd's latest quarterly results?

In the Jun 2026 quarter, Ramky Infrastructure Ltd sales was Rs 471 Cr (+24.3% vs Jun 2025) and net profit was Rs 39 Cr.

What is the 52-week high and low of Ramky Infrastructure Ltd?

The 52-week high is Rs 705.00 and the 52-week low is Rs 274.50.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03