Ramco Industries
Ramco Industries is an Indian public manufacturer of fibre cement boards and green dry-construction building materials, serving architects, builders, contractors, and retail buyers across India through dealer networks and hardware stores.
- Company typePublic
- Founded1965
- HeadquartersRajapalaiyam, India
- Headcount501–1,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Ramco Industries does
Ramco Industries Ltd is a Chennai-headquartered, publicly listed Indian manufacturer (NSE: RAMCOIND / BSE: 532917) specializing in green dry-construction building materials, primarily fibre cement boards. Founded in 1965, the company positions itself as a pioneer in green dry-construction in South Asia, manufacturing products designed to integrate environmental sustainability with superior physical properties such as durability, fire resistance, and water conservation at construction sites.
The company's core product is high-performance fibre cement boards sold to architects, builders/contractors, and building occupants for use in green building projects, affordable housing, and infrastructure development. Products are marketed through a dual-channel distribution model consisting of a dealer/distribution network targeting mid-market construction buyers and retail hardware stores serving individual builders and small contractors across India. Technology is centered on dry-construction methodology that reduces on-site water use, accelerates project execution, and supports compliance with tightening green building regulations.
Revenue is generated through one-time product sales of building materials at unit-level pricing that is not publicly disclosed. The company employs 501-1000 people and operates as an independent listed entity without a disclosed parent or holding company structure. In FY26, the company reported revenue of approximately ₹1,443 crore with net profit of ₹136 crore (up 43% year-on-year), and has approved a new fibre cement board manufacturing plant in Madhya Pradesh to extend its domestic production footprint.
Ramco Industries firmographics
Firmographics- Name
- Ramco Industries
- Legal name
- Ramco Industries Ltd
- Website
- https://ramcoindltd.com
- Company type
- Public
- Founded year
- 1965
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Ramco Industries is an Indian public manufacturer of fibre cement boards and green dry-construction building materials, serving architects, builders, contractors, and retail buyers across India through dealer networks and hardware stores.
- Ownership category
- akta.pro rank
Ramco Industries industry classification
Industry- Product category
- Building Materials
- NAICS
- Other Concrete Product Manufacturing (327390)
- SIC
- Concrete, Gypsum & Plaster Products (3270)
- akta.pro primary industry
- Fire-Resistant, Moisture-Resistant & Specialty Performance Boards (IMADAEAJ)
- akta.pro secondary industry
- Gypsum Board & Drywall Panels (IMADAEAA)
Keywords
Where Ramco Industries is headquartered
LocationHeadquarters
- HQ city
- Rajapalaiyam
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
Ramco Industries business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales
Revenue model
- Building Materials Sales: Revenue generated from the manufacture and sale of fibre cement boards and green building materials. Products are sold through dealer networks and retail channels to builders, architects, and construction companies.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels5 records
Ramco Industries product offering
Product offeringCore offering
Ramco Industries manufactures and sells fibre cement boards and other green building materials designed for dry construction applications. The company's products integrate environmental sustainability with superior physical properties for use in residential, commercial, and infrastructure construction projects across India. Core offerings include fibre cement boards along with complementary building materials such as cement, drywall, ceiling, and roofing products.
Product overview
Ramco Industries is a pioneering green dry construction building materials manufacturer in South Asia. The company produces fibre cement boards as its core product offering, along with a range of green building materials designed for dry construction applications. These products integrate environmental sustainability with superior physical properties, enabling rapid execution, reduced water use at construction sites, energy conservation, and compliance with tightening green building norms and regulations.
Differentiator
Problem solved
Functional benefit
Products and services
- Fibre Cement Boards
Quantifiable outcome
- Reduced water use at construction sites
- +1 more outcomes
Companies that use Ramco Industries
Customer profileSegments3 records
Ideal customer profiles2 records
Ramco Industries technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Ramco Industries partnerships and signals
Strategic signalScale indicators8 records
Recent moves5 records
Expansion highlights4 records
Ramco Industries competitors and assessment
Company assessmentBroad incumbents
- Knauf: Global gypsum and dry-construction major with a growing India presence, competing with Ramco in drywall systems, boards, and ceiling solutions for residential and commercial projects.
- James Hardie: Global leader in fibre cement building products, with an India presence that competes with Ramco at the premium end and sets the benchmark for fibre cement technology, branding, and product breadth.
- USG Boral: Asia-Pacific-focused gypsum and ceiling systems joint venture, competing with Ramco in drywall boards, ceiling panels, and finishing products across commercial and residential Indian projects.
- Saint-Gobain India: Indian subsidiary of Saint-Gobain, a broad-based building materials incumbent with gypsum boards, plasters, and ceiling products that overlap Ramco's drywall and ceiling applications across the same Indian customer base.
- Etex Group: Global building materials group owning fibre cement brands (Equitone, Promat) and active in emerging markets — competes with Ramco in fibre cement panels and broader dry-construction systems.
Direct peers
- Everest Industries: Indian listed building products company producing fibre cement boards, roofing solutions, and panels for residential and commercial construction — directly competes with Ramco in fibre cement and building boards across India.
- Visaka Industries: Indian listed manufacturer of fibre cement boards and related building products, with a domestic manufacturing footprint that directly overlaps Ramco's core fibre cement board offering and customer base (builders, architects, contractors) in India.
- HIL Limited: Indian building materials manufacturer (formerly Hyderabad Industries) with a fibre cement boards and panels portfolio serving the same architects, builders, and dealers as Ramco.
Emerging players
- Century Plyboards: Indian listed manufacturer of plywood, MDF, particle board, and allied building products with overlapping dealer channels and architects/builders customer base in India, increasingly expanding into boards and panels adjacent to fibre cement.
Regional players
- Sahyadri Industries: India-based fibre cement product manufacturer focused primarily on Western India, providing a regional alternative to Ramco in fibre cement boards and panels with similar end-customers.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Ramco Industries social profiles
Digital presenceRamco Industries financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ramco Industries leadership team
Management profileNumber of profiles
Profiles1 record
Ramco Industries funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ramco Industries M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Ramco Industries
What does Ramco Industries do?
Ramco Industries manufactures and sells fibre cement boards and other green building materials designed for dry construction applications. The company's products integrate environmental sustainability with superior physical properties for use in residential, commercial, and infrastructure construction projects across India. Core offerings include fibre cement boards along with complementary building materials such as cement, drywall, ceiling, and roofing products.
Is Ramco Industries a public or private company?
Ramco Industries is a public company. It is classified as public and is currently operating.
When was Ramco Industries founded?
Ramco Industries was founded in 1965. It employs 501 to 1,000 people.
Where is Ramco Industries based?
Ramco Industries is headquartered in Rajapalaiyam, India, in the Asia region.
How does Ramco Industries make money?
One revenue line is on record: building Materials Sales.
Who are Ramco Industries's main competitors?
Broad incumbents on record are Knauf, James Hardie, USG Boral, Saint-Gobain India and Etex Group. Direct peers are Everest Industries, Visaka Industries and HIL Limited. Century Plyboards is listed as an emerging player. Sahyadri Industries is listed as a regional player.
Does Ramco Industries have an API?
No public API is recorded for Ramco Industries.
What industry is Ramco Industries in?
Ramco Industries's product category is Building Materials. Its primary akta.pro industry code is IMADAEAJ, Fire-Resistant, Moisture-Resistant & Specialty Performance Boards, with a secondary code of IMADAEAA, Gypsum Board & Drywall Panels. Its NAICS code is 327390 and its SIC code is 3270.