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

Real Estate

08 May 2026

Integrated Waterproofing Strategies

Waterproofing buildings used to be an annual pre-monsoon affair but the evolution of real-estate development has changed that approach. In new developments, developers are weaving waterproofing solutions into both the design and construction phases, an approach that Nikhil Madan, Managing Director, Mahima Group, says, “is all about ensuring lasting durability [of the building] and keeping lifecycle risks including water seepage and extensive maintenance to a minimum.”Watertight by designAluminium formwork systems aren’t commonly thought of as a waterproofing tool but at the Mahima Group,..

Infrastructure Urban

08 May 2026

GROHE Showcases Water-Led Design At Milan

GROHE unveiled its GROHE SPA Aqua Sanctuary at Milan Design Week 2026, transforming Piccolo Teatro Studio Melato into an immersive showcase of water, design and wellbeing. Built on the philosophy of ‘Wellbeing Through Water’, the installation reimagined bathrooms as holistic spaces for relaxation, rejuvenation and self-care.The Aqua Sanctuary was presented through three interconnected sanctums. The first showcased the 3D-printed GROHE SPA AquaTree shower and faucet, highlighting bespoke innovation and biophilic design. The second featured the Atrio Private Collection and GROHE SPA x Buster..

Infrastructure Transport

08 May 2026

Rahee Group Expands Rail Manufacturing Capacity

Rahee Group has outlined a multi-year investment roadmap to expand its operational footprint and strengthen manufacturing capabilities for India’s growing railway and urban transit sector. The Group is expanding in Odisha with a new Track Component Casting Unit, for which the groundbreaking ceremony was held on 8 April 2026 in the presence of Odisha Chief Minister Mohan Charan Majhi.The Group’s flagship EPC arm, Rahee Infratech Ltd, continues to focus on complex rail infrastructure projects, including track systems, bridges, viaducts and ballastless infrastructure. Its wholly owned subsidi..