5002602026-01-012026-03-315002602026-03-315002602025-03-315002602025-04-012026-03-315002602026-01-012026-03-31in-capmkt:OtherExpenses1Member5002602026-01-012026-03-31in-capmkt:OtherExpenses2Member5002602026-01-012026-03-31in-capmkt:OtherExpenses3Member5002602025-04-012026-03-31in-capmkt:OtherExpenses1Member5002602025-04-012026-03-31in-capmkt:OtherExpenses2Member5002602025-04-012026-03-31in-capmkt:OtherExpenses3Member5002602026-03-31OtherNoncurrentFinancialAssetsDomain15002602026-03-31OtherNoncurrentAssetsDomain15002602026-03-31OtherCurrentFinancialAssetsDomain15002602026-03-31OtherCurrentAssetsDomain15002602026-03-31OtherNoncurrentFinancialLiabilitiesDomain15002602026-03-31OtherCurrentFinancialLiabilitiesDomain15002602026-03-31OtherCurrentLiabilitiesDomain15002602026-01-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15002602026-01-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss25002602026-01-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss35002602025-04-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15002602025-04-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss25002602025-04-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss35002602026-01-012026-03-31AuditorDomain15002602026-01-012026-03-31AuditorDomain2iso4217:INRxbrli:pureiso4217:INRxbrli:shares500260RAMCOCEMNOTLISTEDINE331A01037THE RAMCO CEMENTS LIMITEDMain BoardEquity2025-04-012026-03-312026-05-222026-05-11INRCroresQuarterlyFourth quarterSingle segmentCement and Cementitious Materials2026-05-2217:09:002026-05-2218:51:00trueCash Flow IndirectDeclaration of unmodified opinion2026-01-012026-03-31AuditedConsolidated261032000001176000002622080000057234000005000000406800000147950000095230000018803000001478190000025229200000991600000741700000173330000014910000011740000026650000001466800000000404000001507200000-3540000014718000001506900000300000147150000030000023630000016.386.38006.386.380.00480.03130.035Notes: <BR> 1) The above audited financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013 read with relevant rules thereunder and in terms of regulations 33 & 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended). The said financial results were reviewed by the Audit Committee and approved by the Board of Directors at their Meetings held on 22-05-2026. <BR> 2) The said financial results include the standalone results of the parent company, The Ramco Cements Limited, its subsidiaries viz. Ramco Windfarms Limited and consolidated result of Ramco Industrial and Technology Services Limited, collectively referred as 'Group' and its Associates viz. Madurai Trans Carrier Limited and consolidated results of Ramco Systems Limited, Ramco Industries Limited and Rajapalayam Mills Limited. <BR> 3) The company's business operation comprises of single operating segment viz. cement & cement related products. <BR> 4) The Board of Directors have recommended a dividend of Rs.2.50/- per equity share of Re.1/- each for the financial year 2025-26 <BR> 5) Key standalone financial information Rs. in Crores <BR> Particulars Quarter Ended Year Ended <BR> Audited [Refer Note No.12] Un-Audited Audited [Refer Note No.12] Audited Audited <BR> 31-03-2026 31-12-2025 31-03-2025 31-03-2026 31-03-2025 <BR> Total Income 2,618.32 2,119.10 2,404.90 9,055.92 8,539.10 <BR> Net Profit before tax 176.89 485.63 49.26 879.23 465.74 <BR> Net Profit after tax 146.39 386.91 30.99 693.62 417.39 <BR> The standalone financial results of the company are available on the Bombay Stock Exchange website www.bseindia.com, the National Stock Exchange website www.nseindia.com and on the Company's website www.ramcocements.in <BR> 6) On 21-11-2025, the Central Government notified the Code on Social Security, 2020, the Industrial Relations Code, 2020, the Code on Wages, 2019 and the Occupational Safety, Health and Working Conditions Code, 2020 (collectively referred to as the “Labour Codes”), subsuming various existing labour and industrial laws governing employee benefits during employment and post employment period. The Ministry of Labour & Employment has notified the Central Rules and FAQs to facilitate assessment of the financial impact arising from these regulatory changes. Accordingly, the Company has assessed the financial implications based on an actuarial valuation in accordance with Ind AS 19 Employee Benefits read with FAQ issued by Institute of Chartered Accountants of India (ICAI), which has resulted in an increase in gratuity and compensated absences aggregating to Rs.20.35 Crores due to past service cost, in view of change in the definition of wages as per new labour codes. Since this impact arises from the enactment of new legislation and is non-recurring in nature, the Company has recognised the same under “Exceptional Items” in the Statement of Profit and Loss for the year ended 31-03-2026. The Company continue to monitor the finalisation of State Rules and any further clarifications issued by the Government in relation to the Labour Codes and will appropriately give effect to such changes in the books, as and when required. <BR> 7) Exceptional items comprises of - Rs. in Crores <BR> Particulars Quarter Ended Year Ended <BR> Audited [Refer Note No.12] Un-Audited Audited [Refer Note No.12] Audited Audited <BR> 31-03-2026 31-12-2025 31-03-2025 31-03-2026 31-03-2025 <BR> (a) Profit on sale of investments (after consolidation adjustments) - - - - 149.70 <BR> (b) Profit on sale of surplus lands 67.90 505.62 10.83 573.52 49.71 <BR> (c) Impact on account of Social Security Code, 2025 due to Past Service Cost [Refer Note No.6] 6.27 (26.62) - (20.35) - <BR> Total 74.17 479.00 10.83 553.17 199.41 <BR> <BR> 8) The Competition Commission of India (CCI) vide its order dated 31-08-2016 had imposed a penalty of Rs.258.63 Crores on the company towards alleged cartelisation. Our appeal alongwith the appeals of other cement companies had been dismissed by NCLAT vide its order dated 25-07-2018. Against the order, the company appealed to the Hon'able Supreme Court, which by its order dated 05-10-2018 admitted the appeal and directed to continue the interim order passed by NCLAT. Accordingly the company re-deposited Rs.25.86 Crores being 10% of the penalty.The Company backed by legal opinion, believes that it has a good case and hence no provision is made. <BR> <BR> 9) The disclosures as per Regulation 52(4), 54(2) & (3) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 are as below: <BR> <BR> Particulars Quarter Ended Year Ended <BR> Audited [Refer Note No.12] Un-Audited Audited [Refer Note No.12] Audited Audited <BR> 31-03-2026 31-12-2025 31-03-2025 31-03-2026 31-03-2025 <BR> (a) Debt-Equity Ratio (In Times) 0.48 0.53 0.63 0.48 0.63 <BR> (b) Debt Service Coverage Ratio (In Times) 3.13 1.09 0.95 1.19 1.18 <BR> (c) Interest Service Coverage Ratio (In Times) 3.50 2.23 2.52 3.04 2.40 <BR> (d) Capital Redemption Reserve (Rs.in Crores) 1.63 1.63 1.63 1.63 1.63 <BR> (e) Net worth (Rs.in Crores) 8,093.88 7,946.71 7,442.14 8,093.88 7,442.14 <BR> (f) Net Profit After Tax (Rs. in Crores) 150.69 385.59 27.41 698.65 272.65 <BR> (g) Basic Earnings per Share (In Rs.p) Not Annualized 6.38 16.31 1.16 29.56 11.53 <BR> (h) Diluted Earnings per Share (In Rs.p) Not Annualized 6.38 16.31 1.16 29.56 11.53 <BR> (i) Current Ratio (In Times) 1.20 1.13 1.05 1.20 1.05 <BR> (j) Long Term Debt to Working Capital (In Times) 9.54 13.22 39.55 9.54 39.55 <BR> (k) Bad Debts to Account Receivable Ratio (In %) 0.01% - 0.01% 0.01% 0.01% <BR> (l) Current Liability Ratio (In %) 23% 25% 24% 23% 24% <BR> (m) Total Debts to Total Assets (In %) 23% 25% 28% 23% 28% <BR> (n) Debtors Turnover Ratio (In Days), Annualized 27 35 30 31 34 <BR> (o) Inventory Turnover Ratio (In Days), Annualized 36 47 38 42 43 <BR> (p) Operating Margin (%) 15% 14% 14% 16% 15% <BR> (q) Net Profit Margin (%) 6% 18% 1% 8% 3% <BR> (r) Asset cover ratio for Secured NCDs (In Times) 2.58 2.53 2.22 2.58 2.22 <BR> (s) Debenture Redemption Reserve (Rs.in Crores) - - - - - <BR> (t) Securities Premium (Rs.in Crores) 50.59 50.59 50.59 50.59 50.59 <BR> The Company created and maintains security in respect of Secured Non-Convertible Debentures by Pari-Passu first charge by way of hypothecation on the movable fixed assets of the Company (both present and future), excluding vehicles, for all series of NCDs issued by the Company. <BR> ….. 5 <BR> <BR> <BR> 10) The formulae for computation of ratios are given below: <BR> (a) Debt Equity Ratio = Total Borrowings / Total Equity <BR> (b) Debt Service Coverage Ratio = (Profit before Interest and Depreciation but after current tax) / (Principal Debt Repayment excluding prepayments + Gross Interest) <BR> (c) Interest Service Coverage Ratio = (Profit before Interest and Depreciation but after current tax) / Gross Interest <BR> (d) Current Ratio = Total Current Assets / (Total Current Liabilities - Security deposits payable on demand - Current maturities of Long term debt) <BR> (e) Long Term Debt to Working Capital = (Long Term Debt + Current maturities of Long Term Debt) / (Total Current Assets - (Total Current Liabilities - Security deposits payable on demand - Current maturities of Long term debt)) <BR> (f) Bad Debts to Account Receivable Ratio = Bad debs written off / Average Trade receivables <BR> (g) Current Liability Ratio = (Total Current Liabilities - Security deposits payable on demand - Current maturities of Long term debt) / Total Liabilities <BR> (h) Total Debts to Assets = (Long Term Borrowings + Short Term Borrowings) / Total Assets <BR> (i) Debtors Turnover Ratio = 365 Days / (Revenue from Sale of Products / Average Trade Receivables), Annualized <BR> (j) Inventory Turnover Ratio = 365 Days / (Revenue from Sale of Products / Average Inventories), Annualized <BR> (k) Operating Margin = Profit before exceptional items, interest, depreciation and tax / Total Income <BR> (l) Net Profit Margin = Net Profit After Tax / Total Income <BR> (m) Asset cover ratio for Secured Non-Convertible Debentures = Assets pledged for Secured NCDs / Outstanding Secured Debt (including accrued interest) <BR> <BR> 11) Other Comprehensive Income comprises of items that will not be reclassifed to profit or loss as given below: Rs. In Crores <BR> Particulars Quarter Ended Year Ended <BR> Audited [Refer Note No.12] Un-Audited Audited [Refer Note No.12] Audited Audited <BR> 31-03-2026 31-12-2025 31-03-2025 31-03-2026 31-03-2025 <BR> (a) Remeasurement losses on defined benefit obligations, net of tax (2.50) 0.44 (6.75) (2.06) (6.75) <BR> (b) Gain / (loss) on equity investments through OCI, net of tax - - (17.25) 4.95 (2.14) <BR> (c) Share of OCI of Associates, net of tax (1.04) 0.03 (0.46) (2.35) (0.90) <BR> Total (3.54) 0.47 (24.46) 0.54 (9.79) <BR> <BR> 12) The figures for the quarter ended 31-03-2026 and 31-03-2025 are the balancing figures between audited results in respect of full financial year and published year to date upto the third quarter of the relevant financial year. <BR> 13) The previous period figures have been re-grouped/re-stated wherever necessary <BR> <BR> For THE RAMCO CEMENTS LIMITED <BR> <BR> <BR> <BR> Chennai P.R.VENKETRAMA RAJA <BR> 22-05-2026 MANAGING DIRECTOR <BR> <BR> <BR> 2025-04-012026-03-31AuditedConsolidated90287600000414600000907022000001923590000023700000-605000005874300000419350000074016000005085440000087522900000317930000055317000008711000000484200000130680000017910000000692000000000067900000698790000054000006993300000698650000014000006991700000160000023630000018069880000029.5629.560029.5629.560.00480.01190.0304Transportation and Handling5972700000Power and Fuel5943700000Other Expenditure2865500000Transportation and Handling19812800000Power and Fuel20554000000Other Expenditure104876000001238263000009217800000187680000003472400000686500000059930000010000001462000007217000008680000007010000018674000001424846000001029720000007926900000188320000038970000011050000018266000001213690000064000001430800000238713000000016635590000023630000080698800000809351000003700000809388000002803890000000018650000028225400000104560000012132600000898000004149340000010481600000706000001193470000012005300000196654000004215230000011871000004976000006300000023700000439237000000085417100000166355900000Other non-current financial assets721700000Other non-current assets1867400000Other current financial assets1826600000Other current assets1430800000Other non-current financial liabilities186500000Other current financial liabilities19665400000Other current liabilities11871000004193500000-135400000-1430200000000000382690000000074016000000000000142700000000-5638200000-2370000030000000805480000016765800000000428400000-226800000161106000000280000040470000000000598660000099667000000000000000000000010000099000000097700000-3381400000000000006000000000140461000003800000473100000404440000000-12567400000161800000016180000017214000001883200000Remeasurement losses on defined benefit obligations net of tax-25000000Gain or Loss on equity investments through OCI net of tax0Share of OCI of Associates, net of tax-10400000-35400000Remeasurement losses on defined benefit obligations net of tax-20600000Gain or Loss on equity investments through OCI net of tax49500000Share of OCI of Associates, net of tax-2350000054000000000-354000005400000AuditedtrueRamakrishna Raja and Cotrue2028-04-30S R S V and Associatestrue2028-04-30