The Ramco Cements Ltd. (RCL) reported a 39% development in its standalone Q3 net revenue year-on-year to ₹93 crore.
Revenue from operations grew to ₹2,106 crore from ₹2,009 crore. Sales quantity elevated by 10% to 4 million tonnes and capability utilisation stood at 74%.
RCL elevated the clinker capability by 0.65 MTPA at Kolimigundla and 0.35 MTPA at Ariyalur by means of pyro course of optimisation. With this, the put in capability of clinker stands at 16 MTPA.
The total inexperienced energy utilization considerably improved to 36% from 20% in view of change in utility of wind energy to captive functions.
The firm stated it has recognized the alternatives for de-bottlenecking of cement capability aggregating to 1 MTPA, which might be carried out in FY25.
The firm proposed to double the clinker capability in Kolimigundla to 6.30 MTPA and double the cement capability to 3 MTPA with 15 MW of waste warmth restoration techniques (WHRS) at an estimated undertaking value of ₹1,250 crore. This enlargement is scheduled to be commissioned in FY26.
The mixture put in capability of firm would attain 19 MTPA for clinker and 26 MTPA for cement by FY26. The mixture WHRS capability would additional enhance to 68 MW by FY26.
The 18 MW Thermal Power Plant in Kolimigundla might be commissioned in March 24 and railway siding might be commissioned in June 24.
Expansion of capability of dry combine merchandise in Andhra Pradesh & Odisha might be commissioned throughout March 24. The enlargement of grinding plant from 0.9 MTPA to 1.8 MTPA in Odisha might be commissioned in March 24.
During Q3, the corporate incurred ₹385 crore in direction of ongoing capex together with upkeep capex. The capex steering for This fall might be round ₹390 crore. The capex for FY25 is estimated to be at ₹1,700 crores together with upkeep capex.
The net debt stood at ₹4,993 crore together with working capital borrowings and the net debt to EBIDTA is at 3.22 occasions.
