Ramco Cements plans Rs 12 bn capex for FY26 and advances Rs 10 bn sale

10 Feb 2025 CW Team

During the third quarter of the current fiscal, Ramco Cements incurred a capex of Rs 2.56 billion, bringing the total spending for the first nine months to Rs 8 billion. The company has set a target of monetizing Rs 10 billion worth of non-core assets and has realized Rs 4.43 billion so far, with an additional Rs 100 million received as advances for assets nearing finalization.

The funds generated from these asset sales have been utilised to reduce debt, bringing the company’s net debt to Rs 46.16 billion as of December 31, 2024. In Q3FY25 alone, debt reduction amounted to Rs 4.87 billion.

Ramco Cements remains on course to achieve a cement production capacity of 30 MTPA by March 2026. This expansion includes the commissioning of a second production line in Kolimigundla, capacity enhancements through de-bottlenecking, and additional grinding facilities. A railway siding at Kolimigundla is scheduled for commissioning in March 2025.

The company is also investing in sustainable energy initiatives, with a 10 MW Waste Heat Recovery System (WHRS) at RR Nagar expected to be operational by June 2025 and a 15 MW WHRS unit at Kolimigundla set to be commissioned alongside Kiln Line-2 by March 2026. A new construction chemicals unit in Odisha is expected to be ready before March 2025. Land acquisition for a greenfield project in Karnataka has progressed, with 53 per cent of mining land and 13 per cent of factory land secured.

For Q3FY25, Ramco Cements reported a profit after tax of Rs 3.25 billion, significantly higher than Rs 930 million in the previous year, primarily due to an exceptional income of Rs 3.29 billion from asset sales. Net revenue declined by 6 per cent year-on-year to Rs 19.88 billion due to a 14 per cent drop in cement prices.

Total sales volume, including construction chemicals, increased by 9 per cent to 4.37 million tonne. Cement capacity utilization saw a slight improvement to 75 per cent in Q3FY25 from 74 per cent in Q3FY24. However, EBITDA declined by 28 per cent to Rs 2.91 billion due to weaker cement prices, despite cost reductions from lower fuel prices and improved manufacturing efficiency.

News source: Hindu Businessline

Ramco Cements has announced a capital expenditure (capex) plan of Rs 12 billion for the next fiscal year, maintaining its guidance for FY25. The company has raised Rs 4.43 billion this fiscal through the sale of non-core assets. During the third quarter of the current fiscal, Ramco Cements incurred a capex of Rs 2.56 billion, bringing the total spending for the first nine months to Rs 8 billion. The company has set a target of monetizing Rs 10 billion worth of non-core assets and has realized Rs 4.43 billion so far, with an additional Rs 100 million received as advances for assets nearing finalization. The funds generated from these asset sales have been utilised to reduce debt, bringing the company’s net debt to Rs 46.16 billion as of December 31, 2024. In Q3FY25 alone, debt reduction amounted to Rs 4.87 billion. Ramco Cements remains on course to achieve a cement production capacity of 30 MTPA by March 2026. This expansion includes the commissioning of a second production line in Kolimigundla, capacity enhancements through de-bottlenecking, and additional grinding facilities. A railway siding at Kolimigundla is scheduled for commissioning in March 2025. The company is also investing in sustainable energy initiatives, with a 10 MW Waste Heat Recovery System (WHRS) at RR Nagar expected to be operational by June 2025 and a 15 MW WHRS unit at Kolimigundla set to be commissioned alongside Kiln Line-2 by March 2026. A new construction chemicals unit in Odisha is expected to be ready before March 2025. Land acquisition for a greenfield project in Karnataka has progressed, with 53 per cent of mining land and 13 per cent of factory land secured. For Q3FY25, Ramco Cements reported a profit after tax of Rs 3.25 billion, significantly higher than Rs 930 million in the previous year, primarily due to an exceptional income of Rs 3.29 billion from asset sales. Net revenue declined by 6 per cent year-on-year to Rs 19.88 billion due to a 14 per cent drop in cement prices. Total sales volume, including construction chemicals, increased by 9 per cent to 4.37 million tonne. Cement capacity utilization saw a slight improvement to 75 per cent in Q3FY25 from 74 per cent in Q3FY24. However, EBITDA declined by 28 per cent to Rs 2.91 billion due to weaker cement prices, despite cost reductions from lower fuel prices and improved manufacturing efficiency. News source: Hindu Businessline

Equipment

03 Nov 2025

Doka Asia Pacific Expands One-Stop Construction Solutions

Doka Asia Pacific is reinforcing its position as a comprehensive provider of formwork, scaffolding, and engineering solutions across the region. Headquartered in Malaysia, the company serves as Doka’s central hub for critical regional operations, supporting Asia’s growing construction landscape spanning infrastructure, housing, and high-rise projects. “We are committed to providing a versatile network of products, systems, and expertise to support the diverse needs of our customers,” said Pat Gorham, Executive Vice President, Doka Asia Pacific. Doka’s product portfolio span..

Real Estate

31 Oct 2025

Birla Estates Tops Global GRESB 2025 Rankings

Birla Estates (BEPL), a wholly owned subsidiary of Aditya Birla Real Estate (formerly Century Textiles and Industries Limited), has been recognised as a Sector Leader in the 2025 GRESB Real Estate Assessment, securing top honours across multiple global and regional categories.Birla Estates’ Achievements in GRESB 2025:Global Sector Leader – ResidentialGlobal Sector Leader – Non-Listed ResidentialRegional Sector Leader – Asia – ResidentialRegional Sector Leader – Non-Listed – Asia – ResidentialThese distinctions reaffirm Birla Estates’ exceptional performance in Environmental, ..

Infrastructure Transport

31 Oct 2025

Progota India Secures RDSO Clearance for Kavach 4.0

Concord Control Systems, one of India’s leading manufacturers of embedded electronic and critical system solutions, announced that its associate company, Progota India, has received Technical Prototype Clearance from the Research Designs and Standards Organisation (RDSO) for Kavach 4.0, the latest version of Indian Railways’ indigenous Automatic Train Protection (ATP) system.With this clearance, Progota has been formally approved to execute its ongoing trial order from South Central Railway, marking a key milestone in India’s railway modernization journey. The approval also establishes P..