The Ramco Cement Ltd - Good Sequential Improvement in Profitability
The Ramco Cements Ltd (TRCL) reported decent set of numbers for 4QFY22 compared to the sharp disappointment reported in 3QFY22.
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Ramco Cements: Cost Pressure to Stabilise; Debt Levels to Also Peak Out from Q4FY22E
Ramco Cements is the dominant player in South India with cement capacity of 19.4 MT spread across Tamil Nadu, Andhra Pradesh, Odisha and West Bengal
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Elevated cost and high volume in the East weigh on margins
Lower realization/higher costs led to 9%/6% drop in FY23E/FY24E EBITDA, which along with higher debt assumptions resulted in 20%/14% decline in...
193 Views
HSIE Results Daily: Tech Mahindra, Colgate Palmolive, Tata Elxsi, Crompton Consumer, The Ramco...
Crompton Consumer: Crompton's Q2FY22 was a marginal miss in revenue but beat in margin. Revenue was up 14% (HSIE 20%) with ECD clocking 18% growth...
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Nuvoco Vistas IPO Trading - Tepid Demand
Nuvoco Vistas (NV) raised around US$673m in its India IPO. It is promoted by the Nirma Group and has recently acquired Emami’s cement business.
364 Views