About Ramco Industries Limited

Ramco Industries Limited (RIL) is a public limited company incorporated in 1965 and headquartered in Rajapalayam, Tamil Nadu, with a corporate office in Chennai. Its shares are listed on BSE and NSE. The company manufactures Fibre Cement (FC) sheets and Calcium Silicate Boards (CSBs), and also operates a textile (cotton yarn) division and wind power assets, catering mainly to the domestic market while selling surplus electricity from its windmills to state grids. 

RIL’s manufacturing footprint spans India, with building products plants in Tamil Nadu (Arakkonam, Gangaikondan), Bihar (Bihiya), Karnataka (Karur), West Bengal (Kharagpur), Rajasthan (Kotputli), Madhya Pradesh (Maksi), Gujarat (Sinugra) and the Union Territory of Dadra & Nagar Haveli (Silvassa); the textile spinning unit is at Rajapalayam, Tamil Nadu, and wind farms operate in Tamil Nadu, Karnataka and Gujarat. 

The company has three subsidiaries and prepares consolidated financial statements along with its associates. In 2024–25, RIL released its sixtieth annual report, marking a notable corporate milestone.

Beyond manufacturing, RIL serves customers across 30 Indian States and in 12 countries, underscoring a broad market reach across industrial, commercial and residential applications in roofing, ceilings, walls, flooring and cladding.

Ramco Industries Limited Business Segments

• Segment mix (turnover contribution): Building Products 79.31%; Textiles 18.38%; Wind power 1.20%.
• Geography mix: Exports contributed 1.1% of turnover, with the balance from the domestic market (98.9%).

Ramco Industries Limited Key Management

• P.R. Venketrama Raja — Chairman
• P.V. Abinav Ramasubramaniam Raja — Managing Director
• Prem G Shanker — Chief Executive Officer
• K. Sankaranarayanan — Chief Financial Officer
• S. Balamurugasundaram — Company Secretary & Legal Head

Latest Updates on Ramco Industries Limited

• Product and quality certifications: R&D efforts led to multiple recognitions, including CE and BIS certification for the Hiden product; GRIHA certification for Hilux; CCRR certification for Hicem for the U.S. market; and BIS certification for Hicem Plus. The company also commenced despatches of Hilux Lite, and its R&D Laboratory earned NABL accreditation and ILAC MRA recognition.
• Credit rating: CRISIL rated RIL’s Commercial Paper programme at A1+ for Rs 10,000 Lakh, as disclosed under Corporate Governance.
• Employee stock options: ESOS 2021 – Plan A continued, with the reference market price date noted as May 27, 2024, and vesting at 100% at the end of the first year; an ESOP reserve was created during the year.
• Board changes: Re‑appointment of S. S. Ramachandra Raja at the 59th AGM on August 16, 2024; cessation of V. Santhanaraman as Independent Director from October 1, 2024; appointment of Justice P. P. S. Janarthana Raja (Retd.) as Independent Director from October 1, 2024; and appointment of Smt. Soundara Kumar as an Independent Woman Director from March 23, 2025.