The Ramco Cements Stock Forecast

Stock Price Forecast

According to 32 analysts polled by S&P Global, The Ramco Cements stock has a consensus rating of "Hold" and an average price target of ₹946.16. The average 1-year stock price forecast is 6.87% higher than the current stock price, while the lowest is ₹690.00 (-22.06%) and the highest is ₹1,276 (+44.13%).

Price Target: ₹946.16 (+6.87%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	₹690.00	₹946.16	₹946.00	₹1,276
Change	-22.06%	+6.87%	+6.86%	+44.13%

Analyst Ratings

The average analyst rating for The Ramco Cements stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	6	6	4	3	4	5
Buy	5	5	6	6	5	4
Hold	11	12	9	9	8	11
Sell	2	2	3	3	4	3
Strong Sell	8	7	10	10	10	9
Total	32	32	32	31	31	32

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Prateek Kumar Jefferies	Jefferies	Hold Maintains ₹980.00 → ₹920.00	Hold	Maintains	₹980.00 → ₹920.00	+3.92%	May 26, 2026
Unknown Analyst Geojit Research No rating	Geojit Research	Buy Maintains ₹1,319	Buy	Maintains	₹1,319	+48.99%	Feb 19, 2026

Financial Forecast

Revenue This Year

99.42B

from 90.29B

10.11%

from 90.29B

Revenue Next Year

110.33B

from 99.42B

10.97%

from 99.42B

EPS This Year

14.98

from 10.97

36.57%

from 10.97

EPS Next Year

28.08

from 14.98

87.51%

from 14.98

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	60.04B	81.57B	93.76B	85.18B	90.29B	99.42B
Revenue Growth	13.47%	35.87%	14.95%	-9.15%	5.99%	10.11%
Gross Profit	36.09B	40.17B	49.29B	45.30B	54.55B	59.36B
Gross Margin	60.11%	49.25%	52.57%	53.17%	60.41%	59.71%
Operating Income	9.00B	6.91B	9.28B	5.47B	6.96B	7.52B
Net Income	8.81B	3.15B	3.60B	2.73B	6.99B	3.28B
EPS	-	-	-	-	10.97	14.98
EPS Growth	-	-	-	-	129.85%	36.57%
Forward PE	21.50	28.80	31.91	51.31	37.93	59.11
Dividend / Share	3.00	2.00	2.50	2.00	2.50	2.77
Dividend Growth	-	-33.33%	25.00%	-20.00%	25.00%	10.77%
Free Cash Flow	-8.27B	-6.34B	-5.42B	-555.05M	1.31B	5.85B
No. Analysts	-	-	-	-	-	23

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue	2027	2028	2029
High	106.1B
Avg	99.4B
Low	95.9B

Revenue Growth

Revenue Growth	2027	2028	2029
High	17.5%
Avg	10.1%
Low	6.2%

EPS Forecast

EPS	2027	2028	2029
High	20.70
Avg	14.98
Low	9.60

EPS Growth

EPS Growth	2027	2028	2029
High	88.7%
Avg	36.6%
Low	-12.5%