Ramky Infra Ltd
NSE: RAMKY · Civil Construction · sector
₹263.30NSE close 2026-10-26
Key numbers
Market cap₹1,822 cr
Price₹263.30
52w high / low₹658 / ₹250
P/E7.7xSector median 12.2x
P/B0.8xSector median 1.3x
Book value₹312.5
Dividend yield–Sector median 0.76%
ROE11.6%Sector median 10.2%
ROCE14.4%Sector median 12.9%
OPM12.5%Sector median 10.7%
Debt / equity0.27xSector median 0.36x
EV/EBITDA8.8xSector median 8.8x
Interest cover4.5x
Current ratio1.57x
Sales growth 3y+2.7%Sector median +6.7%
Profit growth 3y-38.1%Sector median +5.8%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 119 companies in Civil Construction (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹267 cr vs borrowings ₹591 cr (FY26): borrowings are higher by ₹324 cr.
- Operating profit covered interest 4.5x in the last 12 months.
- 25.70% of the promoters' shares are pledged (17.9% of all shares).
- Operating cash flow was below net profit in 1 of the last 5 years (FY26).
- Net loss in 1 of the last 8 quarters.
- Revenue was higher than a year earlier in 3 of the last 4 quarters.
- Other income was 87% of net profit in the last 12 months.
- Debtor days went from 70 (FY24) to 152 (FY26).
- No dividend in the last 5 financial years.
- Price ₹263.30 on 2026-10-26: -60.0% from the 52-week high, +5.3% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹698.85 · low ₹263.30
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 527 | 459 | 489 | 379 | 472 | 489 | 507 | 471 |
| EBITDA | 129 | 90 | 2 | 76 | 83 | 76 | 55 | 29 |
| OPM % | 24.4% | 19.5% | 0.4% | 20.0% | 17.5% | 15.5% | 10.9% | 6.1% |
| Other income | 36 | 40 | 55 | 61 | 57 | 62 | 15 | 72 |
| Net profit | 83 | 56 | -5 | 74 | 75 | 79 | 43 | 39 |
| EPS (₹) | 11.30 | 8.15 | -0.67 | 10.75 | 10.87 | 11.35 | 6.21 | 5.68 |
| Revenue YoY | -10.6% | +6.5% | +3.6% | +24.3% | ||||
| Profit YoY | -9.4% | +39.3% | – | -47.2% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 1,459 | 1,705 | 2,161 | 2,045 | 1,846 | 1,938 |
| EBITDA | 205 | 1,632 | 510 | 336 | 290 | 242 |
| Net profit | 26 | 1,141 | 308 | 198 | 271 | 236 |
| EPS (₹) | 3.41 | 164.83 | 44.48 | 28.54 | 39.17 | 34.11 |
| Revenue growth | +16.9% | +26.7% | -5.4% | -9.7% | +4.5% | |
| Profit growth | +4,353.6% | -73.0% | -35.8% | +37.2% | +12.8% | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +2.7% | +11.8% | +4.5% |
| Net profit | -38.1% | +69.2% | +12.8% |
| EPS | -38.1% | +69.1% | – |
| Share price | – | -37.6% (2y) | -61.1% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 1,412 | 1,712 | 1,904 | 2,162 |
| Borrowings | – | 1,650 | 834 | 570 | 591 |
| Cash & equivalents | – | 863 | 153 | 160 | 267 |
| Total assets | – | 4,651 | 4,262 | 4,190 | 4,124 |
| Fixed assets | – | 320 | 214 | 203 | 186 |
| Capital work in progress | – | 58 | – | 0 | 1 |
| Investments | – | 7 | 0 | 0 | 0 |
| Receivables | – | 377 | 413 | 377 | 767 |
| Inventory | – | 177 | 115 | 112 | 97 |
| Payables | – | 564 | 638 | 679 | 730 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 278 | 2,611 | 370 | 373 | -262 |
| Cash from investing | -85 | -215 | -72 | -11 | 413 |
| Cash from financing | -327 | -1,650 | -1,011 | -380 | -69 |
| Capex | 97 | 139 | 110 | 146 | 36 |
| Free cash flow | 180 | 2,472 | 260 | 227 | -299 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 80.8% | 18.0% | 10.4% | 12.5% |
| ROCE % | – | 57.2% | 24.4% | 18.2% | 15.5% |
| Debtor days | – | 81 | 70 | 67 | 152 |
| Inventory days | – | 80,96,886 | 11,702 | 28 | 13,688 |
| Payable days | – | 2,57,19,132 | 64,677 | 172 | 1,03,302 |
| Cash conversion cycle (days) | – | -1,76,22,165 | -52,905 | -77 | -89,462 |
| Working capital days | – | -64 | 27 | -33 | 154 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 69.81% |
| FIIs | 1.86% |
| DIIs | 0.76% |
| of which Mutual funds | 0.00% |
| Public (non-institutions) | 27.58% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 69.81% | 69.81% | 69.81% | 69.81% | 69.81% | 69.81% | 69.81% | 69.81% |
| Promoter group | % |
|---|---|
| Sharan Alla | 31.95% |
| Alla Ayodhya Rami Reddy | 17.94% |
| Alla Dakshayani | 9.94% |
| Ardha Holding Private Limited | 4.82% |
| Yancharla Rathnakara Nagaraja | 2.42% |
| Numen Growth Partners Private Limited | 2.41% |
| A Ishaan | 0.26% |
| Modugula Venugopala Reddy | 0.03% |
| Y R Nagakrishna | 0.02% |
| Alla Ramakrishna Reddy | 0.02% |
| Madhurani Nagaraja Yancharla | 0.00% |
| Peri Reddy Alla | 0.00% |
| Modugula Vasudeva Reddy | 0.00% |
| Public holders above 1% | % |
|---|---|
| Aadi Financial Advisors LLP | 2.41% |
| Rudraveerya Developers Limited | 1.53% |
23,041 shareholders. Pledged: 25.70% of promoter shares.
Peers in Civil Construction
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| LT | ₹5,06,276 cr | 30.5x | 4.6x | 16.7% | 12.8% | 9.4% | +22.2% | 0.92% |
| RVNL | ₹38,083 cr | 42.4x | 3.9x | 9.3% | 10.5% | 4.3% | +0.2% | 1.51% |
| KPIL | ₹22,134 cr | 19.5x | 2.8x | 15.9% | 17.7% | 8.4% | +18.4% | 0.69% |
| IRB | ₹19,639 cr | 20.6x | 0.9x | 4.7% | 7.6% | 53.9% | +6.1% | 0.65% |
| CEMPRO | ₹19,444 cr | 32.3x | 8.1x | 28.4% | 32.3% | 10.4% | +25.5% | 0.18% |
| NBCC | ₹18,536 cr | 25.1x | 6.1x | 27.0% | 33.9% | 5.8% | +13.8% | 1.08% |
| ENGINERSIN | ₹13,725 cr | 17.5x | 4.4x | 27.0% | 28.8% | 19.4% | +5.7% | 1.84% |
| TECHNOE | ₹9,612 cr | 22.3x | 2.3x | 10.9% | 13.7% | 14.0% | +57.7% | 1.09% |
| IRCON | ₹9,177 cr | 17.5x | 1.4x | 8.1% | 8.2% | 8.3% | -4.4% | 2.25% |
| RAMKY | ₹1,822 cr | 7.7x | 0.8x | 11.6% | 14.4% | 12.5% | +2.7% | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Construction Business | ₹1,679 cr | 72.6% | ₹216 cr | 12.9% |
| Developer business | ₹634 cr | 27.4% | ₹-43 cr | -6.8% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-09-18 | Dividend | Dividend - Re 1 Per Share |
| 2015-09-22 | Other | Annual General Meeting |
| 2014-09-24 | Other | Annual General Meeting |
| 2013-08-07 | Other | Annual General Meeting |
| 2012-08-08 | Other | Annual General Meeting |
| 2011-08-04 | Dividend | Annual General Meeting And Dividend Rs.4.50 Per Share |
Documents
- Annual report FY26
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Construction: Engineering, Procurement, Construction, Operations & Maintenance of infrastructure Development Projects in the Sectors of Buildings, Industrial, Water and Waste Water, and Roads & Bridges
| Sector | Industrials |
| Industry | Civil Construction |
| Sub-industry | Civil Construction |
| Symbol | RAMKY |
| BSE code | 533262 |
| ISIN | INE874I01013 |
| Face value | ₹10.0 |
| Incorporated | 1994-04-13 |
| Website | https://ramkyinfrastructure.com |
| Plants (India / abroad) | 7 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.