Ramco Cements Unveils Ambitious Growth Strategy, Targets Rs 16,000 Crore Revenue
Ramco Cements announces plans to nearly double revenue to Rs 16,000 crore by FY29-30. The company will expand cement production capacity to 30 million tonnes by 2026, investing Rs 1,000 crore in its Kurnool plant. Ramco launches 'Hard Worker', a new construction chemicals brand with 20 specialized products, aiming to increase division revenue from Rs 210 crore to Rs 2,000 crore in 4-5 years. The company currently operates 11 cement plants with a total cement capacity of 24.44 MnTPA.

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Ramco Cements , a leading player in India's cement industry, has announced bold expansion plans aimed at nearly doubling its revenue over the next four to five years. The company, which reported revenues of Rs 8,539.00 crore in FY25, is now setting its sights on achieving a target of Rs 16,000.00 crore by FY29-30.
Expansion Plans
The cornerstone of Ramco Cements' growth strategy is a significant capacity expansion initiative. The company plans to increase its cement production capacity to 30 million tonnes by March-June 2026. This expansion will be facilitated by a Rs 1,000.00 crore investment in its Kurnool plant in Andhra Pradesh.
Launch of 'Hard Worker' Brand
In a strategic move to diversify its product portfolio, Ramco Cements has introduced 'Hard Worker', a new brand identity for its construction chemicals division. The launch includes a range of 20 specialized products such as tile adhesives, waterproofing solutions, bonding agents, and repair mortars.
Mr. P.R. Venketrama Raja, Managing Director of Ramco Cements, stated, "Hard Worker is more than a brand — it is a salute to the hardworking spirit of everyone, from construction workers and builders to individual homeowners. This launch reinforces our commitment to delivering application-specific solutions our customers can rely on, every time."
Financial Targets
The company has set ambitious targets for its construction chemicals division:
Division | FY25 Revenue | Target Revenue (4-5 years) |
---|---|---|
Construction Chemicals | Rs 210.00 crore | Rs 2,000.00 crore |
Overall Company | Rs 8,539.00 crore | Rs 15,000.00-16,000.00 crore |
Mr. A.V. Dharmakrishnan, CEO of Ramco Cements, expressed confidence in the company's transformation, saying, "With Hard Worker, we are unifying and expanding our Construction Chemicals range to 20 products today and another 20 products coming soon. This would transform us from just a cement manufacturer to a complete 'Construction Solution Provider'."
Current Operations
Ramco Cements currently operates:
- 11 cement plants (5 integrated units and 6 grinding units)
- Total clinker capacity of 16 MnTPA
- Cement capacity of 24.44 MnTPA
- One packing plant (120 TPH)
- Five construction chemical plants with a combined capacity of 0.5 MnTPA
The company closed FY25 with revenues exceeding Rs 8,500.00 crore and profits of Rs 417.00 crore.
Market Response
Despite the announcement of these ambitious plans, the market response was muted. Ramco Cements' shares ended flat at Rs 1,083.10 on Tuesday.
As Ramco Cements embarks on this ambitious journey, the industry will be watching closely to see how these strategic initiatives unfold and impact the company's position in India's competitive cement and construction chemicals market.
Historical Stock Returns for Ramco Cements
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-3.43% | -1.29% | -9.81% | +26.28% | +28.96% | +48.99% |