Ramco Cements (NSE:RAMCOCEM) Gross Margin %: 53.73% (As of Mar. 2026) — Near Median

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NSE:RAMCOCEM Ramco Cements Ltd NSE:RAMCOCEM
80 GF Score
Price ₹925.80
GF Value ₹983.90
Valuation Fairly Valued
! 4 Warning Signs
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What is Ramco Cements Gross Margin %?

Ramco Cements NSE:RAMCOCEM +0.65% 80 Gross Margin % is 53.73% as of Mar. 2026, which is 4% below its 10-year median of 55.92. GuruFocus rates NSE:RAMCOCEM with a GF Score™ of 80/100 and a GF Value™ of ₹983.90 (Fairly Valued). The stock has 4 warning signs investors should review. Among 396 Building Materials companies, Ramco Cements ranks better than 90.15% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Ramco Cements's Gross Profit for the three months ended in Mar. 2026 was ₹14,024 Mil. Ramco Cements's Revenue for the three months ended in Mar. 2026 was ₹26,103 Mil. Therefore, Ramco Cements's Gross Margin % for the quarter that ended in Mar. 2026 was 53.73%.


The historical rank and industry rank for Ramco Cements's Gross Margin % or its related term are showing as below:

NSE:RAMCOCEM' s Gross Margin % Range Over the Past 10 Years
Min: 44.19   Med: 55.92   Max: 62.63
Current: 61.1


During the past 13 years, the highest Gross Margin % of Ramco Cements was 62.63%. The lowest was 44.19%. And the median was 55.92%.

NSE:RAMCOCEM's Gross Margin % is ranked better than
90.15% of 396 companies
in the Building Materials industry
Industry Median: 26.19 vs NSE:RAMCOCEM: 61.10

Ramco Cements had a gross margin of 53.73% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Ramco Cements was -1.00% per year.


Ramco Cements  (NSE:RAMCOCEM) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Ramco Cements had a gross margin of 53.73% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Ramco Cements Gross Margin % Related Terms


Ramco Cements Gross Margin % Historical Data

* Premium members only.

The historical data trend for Ramco Cements's Gross Margin % 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 Cements Gross Margin % Chart

Ramco Cements Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.32 44.19 47.90 55.46 55.97

Ramco Cements Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % 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 54.37 58.56 77.79 54.98 53.73

NSE:RAMCOCEM vs CRH, VMC, MLM: Gross Margin % Comparison

For the Building Materials subindustry, Ramco Cements's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Cements Gross Margin % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Ramco Cements's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Ramco Cements's Gross Margin % falls into.


NSE:RAMCOCEM
80GF Score
Ramco Cements Ltd NSE:RAMCOCEM
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ramco Cements Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Ramco Cements's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=50534.5 / 90287.6
=(Revenue - Cost of Goods Sold) / Revenue
=(90287.6 - 39753.1) / 90287.6
=55.97 %

Ramco Cements's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=14024.3 / 26103.2
=(Revenue - Cost of Goods Sold) / Revenue
=(26103.2 - 12078.9) / 26103.2
=53.73 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 53.73% mean?
Ramco Cements (NSE:RAMCOCEM) has a Gross Margin % of 53.73% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Ramco Cements and its competitors. This is near median its historical median of 55.92. Over the past decade, Ramco Cements' Gross Margin % has ranged from 44.19 to 62.63. According to the industry distribution chart, Ramco Cements ranks #39 out of 396 companies in the Building Materials industry, placing it in the top 9.8%.
Is Ramco Cements' Gross Margin % too high?
Ramco Cements' current Gross Margin % of 53.73% is near median its 10-year median of 55.92. Over the past 10 years, this metric has ranged from a low of 44.19 to a high of 62.63. The Building Materials industry median Gross Margin % is 26.19. Ramco Cements' value of 53.73% is 105.2% above this industry median. Based on the distribution chart, Ramco Cements ranks #39 out of 396 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Ramco Cements has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ramco Cements' Gross Margin % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Ramco Cements ranks #39 out of 396 companies for Gross Margin %. This places Ramco Cements in the top 10% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.19. Ramco Cements' value of 53.73% is 105.2% above this benchmark. Historically, Ramco Cements' own Gross Margin % has ranged from 44.19 to 62.63 over the past decade. While the company's 10-year median is 55.92 vs. the industry median of 26.19, Ramco Cements has consistently been above 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 Gross Margin % for a Building Materials company?
The median Gross Margin % among Building Materials companies is 26.19, based on 396 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ramco Cements's current Gross Margin % of 53.73% is 105.2% above 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Ramco Cements and its competitors. For the Building Materials industry, the median Gross Margin % is 26.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ramco Cements's current Gross Margin % is 53.73%, which is near median its own 10-year median of 55.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ramco Cements stock overvalued right now?
Based on GuruFocus' analysis, Ramco Cements (NSE:RAMCOCEM) is currently considered Fairly Valued. The stock's GF Value™ is ₹983.90, compared to a current price of ₹925.80 — trading 5.9% below its estimated fair value. The current Gross Margin % is 53.73%, which is near median its 10-year median of 55.92 and 105.2% above the Building Materials industry median of 26.19. Ramco Cements' overall GF Score™ is 80/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Ramco Cements (NSE:RAMCOCEM), the current Gross Margin % is 53.73% 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 Cements (NSE:RAMCOCEM) Overvalued in 2026?

Based on GuruFocus' analysis, Ramco Cements stock appears to be undervalued. The current stock price of ₹925.80 is trading 5.9% below its estimated GF Value™ of ₹983.90. GuruFocus considers Ramco Cements to be Fairly Valued.

Key valuation signals for NSE:RAMCOCEM:

  • Gross Margin %: 53.73% (near median its 10-year median of 55.92)
  • GF Value™: ₹983.90 vs. price of ₹925.80 (5.9% below fair value)
  • GF Score™: 80/100 with 4 warning signs
  • Industry Position: 105.2% above the Building Materials median (#39 of 396)

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


Ramco Cements Business Description

Other Exchanges 500260:India
Address No. 98-A, Dr. Radhakrishnan Road, Auras Corporate Centre, 5th Floor, Mylapore, Chennai, TN, IND, 600004
Ramco Cements Ltd, part of Ramco Group, is a producer of Portland cement. The company owns grinding units and packing terminals, as well as integrated cement plants. Its cement is sold under the Ramco Supergrade brand in India. Other products include ready-mix concrete and dry-mortar products. Ramco Cements also operates wind farms in India.
80GF Score

Get the complete analysis for NSE:RAMCOCEM

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

₹925.80
Price
₹983.90
GF Value