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Ramco Industries

Full company profile

uuid003agt3

Namestring
Ramco Industries
Legal namestring
Ramco Industries Ltd
Websiteurl
http://www.ramcoindltd.com
Company typeenum
Public
Founded yearint
1967
Descriptiontext

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.

Short descriptiontext

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.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
501–1,000
akta.pro rankint
HeadquartersRajapalaiyam, India
HQ citystring
Rajapalaiyam
HQ countrystring
India
HQ regionstring
Asia
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
fibre cement boards, green building materials, dry construction products, building materials manufacturing, roofing and ceiling products
Industry2 codes
1Fire-Resistant, Moisture-Resistant & Specialty Performance Boards
CodeIMADAEAJPrimaryYes
2Gypsum Board & Drywall Panels
CodeIMADAEAAPrimaryNo
NAICS code1 code
  • Other Concrete Product Manufacturing327390
SIC code1 code
  • Concrete, Gypsum & Plaster Products3270
Product category
Building Materials
Social media profiles1 record
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Building Materials Sales
TypeOne Time License
Description

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.

ramcoindltd.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

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.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • Reduced water use at construction sites
+1 more record
Product overview1 text field

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.

Product and service1 record
1Fibre Cement Boards
CategoryCore product
Scale indicator8 records

Each record includes

Type, Value, Description, Source

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
1Knauf
TypeBroad incumbent
Description

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.

2Everest Industries
TypeDirect peer
Description

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.

3Visaka Industries
TypeDirect peer
Description

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.

4Century Plyboards
TypeEmerging player
Description

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.

5Sahyadri Industries
TypeRegional player
Description

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.

6James Hardie
TypeBroad incumbent
Description

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.

7USG Boral
TypeBroad incumbent
Description

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.

8HIL Limited
TypeDirect peer
Description

Indian building materials manufacturer (formerly Hyderabad Industries) with a fibre cement boards and panels portfolio serving the same architects, builders, and dealers as Ramco.

9Saint-Gobain India
TypeBroad incumbent
Description

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.

10Etex Group
TypeBroad incumbent
Description

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.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights5 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature1 record

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Ramco Industries

Building Materialsramcoindltd.com

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.

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
http://www.ramcoindltd.com
Company type
Public
Founded year
1967
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

  • Fibre cement boards
  • Green building materials
  • Dry construction products
  • Building materials manufacturing
  • Roofing and ceiling products

Where Ramco Industries is headquartered

Location

Headquarters

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

  1. 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 offering

Core 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 profile

Segments3 records

Ideal customer profiles2 records

Ramco Industries technology and API

Technology

Technology 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 signal

Scale indicators8 records

Recent moves5 records

Expansion highlights4 records

Ramco Industries competitors and assessment

Company assessment

Broad 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 presence

Ramco Industries financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Ramco Industries leadership team

Management profile

Number of profiles

Profiles1 record

Ramco Industries funding detail

Funding detail

Funding 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 investment

M&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 1967. 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.

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Live signals
ScanXRamco Industries declares ₹1.25 per share dividend at 61st AGMRamco Industries declared a final dividend of ₹1.25 per share for FY26 and approved the adoption of audited financial statements at its 61st Annual General Meeting held on August 20, 2026. The meeting also resulted in the reappointment of Chairman P.R. Venketrama Raja as a director and the ratification of cost auditor fees for the upcoming financial year.Business News TodayRamcoind Consolidated June 2026 Net Sales at Rs 613.81 crore, up 16.51% Y-o-Y- Moneycontrol.comRamco Industries reported consolidated net sales of Rs 613.81 crore for June 2026, representing a 16.51% year-over-year increase from the previous year. The company also posted a quarterly net profit of Rs 86.59 crore, up 31.94% compared to Rs 65.63 crore in June 2025.Business News TodayRamcoind Standalone June 2026 Net Sales at Rs 531.38 crore, up 15.8% Y-o-Y- Moneycontrol.comRamco Industries reported standalone net sales of Rs 531.38 crore for June 2026, marking a 15.8% increase from Rs 458.88 crore in June 2025. The company also reported a net profit of Rs 60.00 crore, up 84.16% year-on-year from Rs 32.58 crore. This increase reflects strong operational performance and growth in earnings per share to Rs 6.91 from Rs 3.75 in the previous year.Business StandardRamco Industries consolidated net profit rises 31.94% in the June 2026 quarterRamco Industries reported a 31.94% increase in consolidated net profit to Rs 86.59 crore for the quarter ended June 2026, compared to Rs 65.63 crore in the same quarter of the previous year. Sales rose 15.48% to Rs 613.81 crore from Rs 531.52 crore year-on-year, with operating profit margin improving to 17.13% from 12.79%. The company also showed strong gains in PBDT (60% increase to Rs 106.52 crore) and PBT (69% increase to Rs 96.96 crore).NDTV ProfitRamco Industries Share Price Soars Over 13% As Q1 Net Profit Jumps 32%Ramco Industries Ltd. experienced a stock surge of nearly 13% after reporting a 32% increase in its net profit for Q1 FY27, reaching Rs 86.6 crore. The company's revenue, profit margins, and EBITDA also showed significant growth compared to the previous year. The results included a one-time gain of Rs 9 crore and led to a notable rise in the stock price.ScanXRamco Industries net profit rises 31% in Q1FY27 to ₹86.59 croreRamco Industries reported a 31% increase in net profit for Q1FY27 to ₹86.59 crore, supported by a 15% revenue growth and expansion in operating margins to 16%. The company also benefited from an ₹8.78 crore land sale and scheduled its 61st AGM for August 20, 2026.AInvestRamco Industries June-quarter consolidated net profit 865.9 million rupeesRamco Industries Ltd reported a consolidated net profit of 865.9 million rupees for the June 2026 quarter, representing a significant increase from 216.9 million rupees in the previous quarter. The building materials manufacturer also approved increasing project costs from 1.80 billion to 2.50 billion rupees and disclosed strategic investments including acquisition of shares in Ramco Cements and approval for a new fibre cement board plant in Madhya Pradesh.ScanXRamco Industries declares ₹1.25 dividend, seeks director re-appointment at AGMRamco Industries Limited has convened its 61st AGM for August 20, 2026, to adopt FY26 financial statements and declare a ₹1.25 per share dividend. The meeting also includes the re-appointment of P R Venketrama Raja as director and ratification of cost auditor remuneration for M/s. N. Sivashankaran & Co. Shareholders are being urged to claim unclaimed dividends before specified deadlines to prevent transfer to the Investor Education and Protection Fund (IEPF).ScanXRamco Industries Limited Releases Business Responsibility and Sustainability Report for FY2025-26Ramco Industries Limited published its Business Responsibility and Sustainability Report for FY2025-26, disclosing total energy consumption of 651,091.27 Giga Joules, water withdrawal of 520,759.89 kilolitres, and waste generation of 76.36 metric tonnes on a standalone basis. The company reported zero lost-time injuries and zero fatalities for both employees and workers, with a permanent workforce of 847 employees and 3,035 workers, and resolved all 5,685 customer complaints received during the year. The report covers operations across 30 states and 21 countries, with building products contributing 83.75% of turnover and exports accounting for 5.09% of total turnover.ScanXRamco Industries Latest Results: Standalone PAT rises 26% YoY to ₹111.26 croreRamco Industries Limited reported standalone profit after tax of ₹111.26 crores for FY 2025-26, marking a 26% year-over-year increase from ₹88.36 crores in the prior year, with revenue from operations rising to ₹1,443.50 crores. The Board recommended a dividend of ₹1.25 per share while total borrowings declined sharply to ₹169.20 crores, improving the debt-equity ratio to 0.13 times. The Building Products Division recorded 23% volume growth in Fibre Cement Boards, and wind energy generation rose 14% to 289 Lakh Units.