Ramco Industries (NSE:RAMCOIND) Days Payable: 9.52 (As of Mar. 2026) — 65% Below Median


NSE:RAMCOIND Ramco Industries Ltd NSE:RAMCOIND
72 GF Score
Price ₹342.75
GF Value ₹258.29
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Ramco Industries Days Payable?

Ramco Industries NSE:RAMCOIND +12.69% 72 Days Payable is 9.52 as of Mar. 2026, which is 65% below its 10-year median of 27.25. GuruFocus rates NSE:RAMCOIND with a GF Score™ of 72/100 and a GF Value™ of ₹258.29 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,710 Construction companies, Ramco Industries ranks worse than 97.72% on this metric.

Ramco Industries's average Accounts Payable for the three months ended in Mar. 2026 was ₹284 Mil. Ramco Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹2,726 Mil. Hence, Ramco Industries's Days Payable for the three months ended in Mar. 2026 was 9.52.

The historical rank and industry rank for Ramco Industries's Days Payable or its related term are showing as below:

NSE:RAMCOIND' s Days Payable Range Over the Past 10 Years
Min: 9.61   Med: 27.25   Max: 41.5
Current: 13.34

During the past 13 years, Ramco Industries's highest Days Payable was 41.50. The lowest was 9.61. And the median was 27.25.

NSE:RAMCOIND's Days Payable is ranked worse than
97.72% of 1710 companies
in the Construction industry
Industry Median: 76.79 vs NSE:RAMCOIND: 13.34

Ramco Industries's Days Payable declined from Mar. 2025 (16.95) to Mar. 2026 (9.52). It may suggest that Ramco Industries accelerated paying its suppliers.


Ramco Industries Days Payable Historical Data

* Premium members only.

The historical data trend for Ramco Industries's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ramco Industries Days Payable Chart

Ramco Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.64 14.65 9.61 13.69 13.83

Ramco Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.95 12.78 16.92 15.66 9.52

NSE:RAMCOIND vs TT, JCI, CARR: Days Payable Comparison

For the Building Products & Equipment subindustry, Ramco Industries's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ramco Industries Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Ramco Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Ramco Industries's Days Payable falls into.


NSE:RAMCOIND
72GF Score
Ramco Industries Ltd NSE:RAMCOIND
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ramco Industries Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Ramco Industries's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (439.976 + 284.3) / 2 ) / 9555.8*365
=362.138 / 9555.8*365
=13.83

Ramco Industries's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 284.3) / 1 ) / 2726.3*365 / 4
=284.3 / 2726.3*365 / 4
=9.52

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 9.52 mean?
Ramco Industries (NSE:RAMCOIND) has a Days Payable of 9.52 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Ramco Industries and its competitors. This is 65% below median its historical median of 27.25. Over the past decade, Ramco Industries' Days Payable has ranged from 9.61 to 41.50. According to the industry distribution chart, Ramco Industries ranks #1671 out of 1710 companies in the Construction industry, placing it in the top 97.7%.
Is Ramco Industries' Days Payable too high?
Ramco Industries' current Days Payable of 9.52 is 65% below median its 10-year median of 27.25. Over the past 10 years, this metric has ranged from a low of 9.61 to a high of 41.50. The Construction industry median Days Payable is 76.79. Ramco Industries' value of 9.52 is 87.6% below this industry median. Based on the distribution chart, Ramco Industries ranks #1671 out of 1710 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Ramco Industries has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ramco Industries' Days Payable compare to TT and JCI?
According to the Construction industry distribution chart, Ramco Industries ranks #1671 out of 1710 companies for Days Payable. This places Ramco Industries in the lower half of its industry. The industry median Days Payable is 76.79. Ramco Industries' value of 9.52 is 87.6% below this benchmark. Historically, Ramco Industries' own Days Payable has ranged from 9.61 to 41.50 over the past decade. While the company's 10-year median is 27.25 vs. the industry median of 76.79, Ramco Industries has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Construction company?
The median Days Payable among Construction companies is 76.79, based on 1,710 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ramco Industries's current Days Payable of 9.52 is 87.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Ramco Industries and its competitors. For the Construction industry, the median Days Payable is 76.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ramco Industries's current Days Payable is 9.52, which is 65% below median its own 10-year median of 27.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ramco Industries stock overvalued right now?
Based on GuruFocus' analysis, Ramco Industries (NSE:RAMCOIND) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹258.29, compared to a current price of ₹342.75 — trading 32.7% above its estimated fair value. The current Days Payable is 9.52, which is 65% below median its 10-year median of 27.25 and 87.6% below the Construction industry median of 76.79. Ramco Industries' overall GF Score™ is 72/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Ramco Industries (NSE:RAMCOIND), the current Days Payable is 9.52 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ramco Industries (NSE:RAMCOIND) Overvalued in 2026?

Based on GuruFocus' analysis, Ramco Industries stock appears to be overvalued. The current stock price of ₹342.75 is trading 32.7% above its estimated GF Value™ of ₹258.29. GuruFocus considers Ramco Industries to be Significantly Overvalued.

Key valuation signals for NSE:RAMCOIND:

  • Days Payable: 9.52 (65% below median its 10-year median of 27.25)
  • GF Value™: ₹258.29 vs. price of ₹342.75 (32.7% above fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 87.6% below the Construction median (#1671 of 1710)

No single metric tells the full story. See the NSE:RAMCOIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ramco Industries Business Description

Other Exchanges 532369:India
Address 98-A, Dr. Radhakrishnan Road, Auras Corporate Centre, VI Floor, Mylapore, Chennai, TN, IND, 600 004
Ramco Industries Ltd produces fiber cement sheets and cotton yarn in India. The company is engaged in the manufacture of Fiber Cement (FC) sheets and Calcium Silicate Boards (CSBs). It operates through three segments namely building products, textiles, and wind power generation. The company generates maximum revenue from the building products segment. Geographically, it operates only in India.
72GF Score

Get the complete analysis for NSE:RAMCOIND

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹342.75
Price
₹258.29
GF Value