Rama Phosphates Limited (RAMAPHO)

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Rama Phosphates Limited (RAMAPHO) · mywealthgrid

About

Small-cap fertilizer company (market cap ₹428.97 Cr), quarterly standalone revenue ₹190–245 Cr, average operating margin 9.79%. Promoter-held 75%. Materials sector, Fertilizers & Agrochemicals industry.

Face value: ₹5

Market cap

₹424 Cr

P/E

7.9×

P/B

1.0×

Dividend yield

0.6%

ROE

13.3%

ROCE

19.5%

Debt / equity

0.32

OPM

9.8%

EPS (TTM)

₹15.2

Book value

₹119.5

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Operating margin volatility: swung 13.82% (Jun 2025) → 4.57% (Mar 2026) → 12.41% (Jun 2026); verify drivers
Q1 earnings cliff: standalone net profit ₹5.3 Cr vs ₹14–17 Cr in other quarters; verify if structural or cyclical
Minimal institutional ownership: FII 0.16%, DII 0.03%; assess liquidity and analyst coverage gaps
Commodity input exposure: fertilizer subject to phosphate and ammonia price cyclicality; verify hedging practices

Generated analysis · source review pending

Growth drivers

Revenue growth +18% YoY (Jun 2025: ₹190.31 Cr → Jun 2026: ₹224.8 Cr); verify if sustained and margin-accretive
Margin recovery trend: OPM improved from 4.57% (Mar 2026) to 12.41% (Jun 2026); determine if input-cost-driven or pricing
Conservative balance sheet: D/E 0.32 provides debt capacity; verify capex or growth investment plans
Cash generation: regular quarterly dividends indicate profitability; verify payout ratio and reinvestment policy

Generated analysis · source review pending

1,021 historical price candles were omitted because the exchange source has not been verified.

₹120.1-0.2%1Y

Quick read

rule-based

Pros

+High promoter holding of 75% with no pledge

Cons

−Low return on equity of 2.6% (3-yr avg)
−Modest revenue growth of 9% a year over the last 5 years
−Low dividend payout of 4.9% of profit

Research score

Structured signal from quality, growth, valuation and momentum.

60/100

Business quality: 46
Growth: 35
Valuation: 99

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Standalone figures · ₹ crore · years without a filed annual are summed from quarters

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	387	374	375	607	448	580	878	875	603	744	893
COGS	-35	18	-167	446	307	397	572	641	482	521	606
Gross profit	—	355	—	161	141	184	306	234	121	223	287
	401	336	525	121	118	121	200	162	142	180	200
	21	20	17	40	24	62	107	72	-20	43	87
OPM %	5.5%	5.3%	4.6%	6.6%	5.3%	10.8%	12.1%	8.3%	-3.4%	5.8%	9.8%
Depreciation	—	—	3	3	4	5	11	10	9	8	8
Interest	11	9	8	7	3	2	5	8	13	13	11
	—	—	2	1	5	1	4	1	1	4	1
Profit before tax	12	12	8	31	22	57	94	55	-41	26	70
Tax	—	4	3	11	4	15	24	14	-10	12	18
Tax %	—	32.4%	33.8%	36.5%	19.1%	25.7%	25.4%	25.4%	-24.6%	46.5%	25%
	8	8	5	19	18	42	70	41	-31	14	53
PAT margin %	2.1%	2.2%	1.4%	3.2%	3.9%	7.3%	8%	4.7%	-5.2%	1.8%	5.9%
EPS (₹)	4.6	4.7	2.9	11	10	23.8	39.6	23.1	-17.6	3.9	14.9
EPS adjusted (₹)	—	—	1.5	3.1	2.7	11.9	19.8	11.6	-8.8	3.9	14.9
	17.5%	21.5%	34%	9.1%	10%	4.2%	7.6%	4.3%	—	6.5%	5%
Annual report	Annual report for Mar 2016	Annual report for Mar 2017	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	Annual report for Mar 2026

₹ Cr	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	18	18	18	18	18	18	18	18	18
Reserves	—	134	148	187	252	291	335	354	405
Minority interest	—	0	0	—	—	—	0	0	0
	—	27	24	5	55	111	143	122	137
	—	114	109	101	118	115	130	141	160
Total equity & liabilities	—	292	299	311	443	534	626	634	719
	31	33	43	72	79	77	168	164	159
CWIP	—	13	20	5	14	20	23	25	48
Investments	—	0	0	0	0	0	0	0	0
	—	247	236	234	349	437	435	444	512
Total assets	—	292	299	311	443	534	626	634	719

Segment results

As reported in NSE results XBRL. Segment result is before tax and finance costs. ROCE uses that annual result divided by segment assets less liabilities.

Source XBRL ↗

Latest reported period · 31 Mar 2026 · ₹ crore

Segment	Revenue	Result	Assets	Liabilities	Capital employed	ROCE %
Fertilizers, Micro Nutrients & Chemicals	845.02	87.2	672.85	255.09	417.76	20.87
Soya/Agri	48.02	2.6

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Ratios

Annual operating, return, leverage and working-capital ratios.

Standalone figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	26.5%	31.5%	31.6%	34.8%	26.7%	20.1%	30%	32.2%
EBITDA margin %	6.6%	5.3%	10.8%	12.1%	8.3%	-3.4%	5.8%	9.8%
EBIT margin %	6.1%	4.4%	9.9%	10.9%	7.1%	-4.9%	4.7%	8.9%
PAT margin %	3.2%	3.9%	7.3%	8%	4.7%	-5.2%	1.8%	5.9%
Working capital
Receivable days	34	39	24	45	26	45	30	29
Inventory days	80	127	108	113	101	163	147	129
Payable days	67	101	68	39	46	72	71	66
NWC days	47	65	64	120	81	136	105	92
Leverage
Current ratio	1.79	1.8	2.25	2.02	1.97	1.65	1.76	1.84
Debt to EBITDA	0.67	1	0.09	0.52	1.54	—	2.82	1.57
Debt to equity	0.18	0.14	0.03	0.2	0.36	0.41	0.33	0.32
Interest coverage	5.1	8.2	37.8	18.5	7.8	-2.2	2.9	7.6
Asset turnover	2.08	1.5	1.87	1.98	1.64	0.96	1.17	1.24
Return ratios
Return on assets %	6.6%	5.9%	13.5%	15.8%	7.7%	-5%	2.2%	7.3%
Return on capital employed %	24.4%	13.2%	30.9%	41%	21.2%	-8.3%	10.3%	19.5%
Return on equity %	12.8%	10.6%	20.6%	26%	13.2%	-8.8%	3.7%	12.5%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%
	0.01%	0.01%	0.04%	0%	0.06%	0%	0%	0.08%	0.07%	0.25%	0.26%	0.16%
	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%
	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	24.96%	24.96%	24.93%	24.97%	24.91%	24.97%	24.97%	24.89%	24.9%	24.72%	24.71%	24.81%
No. of shareholders	—	—	—	—	—	—	—	—	13,915	16,988	16,325	16,155

Promoter holding up 0 percentage points since Sep 2023.

12 deals · 15 Oct 2025 – 7 Nov 2025

Date	Client	Type	Venue	Side	Quantity	Price	Value
7 Nov 2025	HRTI PRIVATE LIMITED	Bulk	NSE	Buy	2,14,517	₹204.87	₹4.39 Cr
7 Nov 2025	HRTI PRIVATE LIMITED	Bulk	NSE	Sell	1,97,582	₹205.12	₹4.05 Cr
23 Oct 2025	HRTI PRIVATE LIMITED	Bulk	NSE	Buy	1,77,812	₹186.42	₹3.31 Cr
23 Oct 2025	HRTI PRIVATE LIMITED	Bulk	NSE	Sell	1,68,938	₹186.06	₹3.14 Cr
15 Oct 2025	D3 STOCK VISION LLP	Bulk	NSE	Buy	3,12,163	₹188.24	₹5.88 Cr
15 Oct 2025	D3 STOCK VISION LLP	Bulk	NSE	Sell	2,65,663	₹187.51	₹4.98 Cr
15 Oct 2025	YUGA STOCKS AND COMMODITIES PRIVATE LIMITED	Bulk	NSE	Sell	2,50,011	₹188.29	₹4.71 Cr
15 Oct 2025	YUGA STOCKS AND COMMODITIES PRIVATE LIMITED	Bulk	NSE	Buy	2,50,011	₹188.16	₹4.70 Cr
15 Oct 2025	NK SECURITIES RESEARCH PRIVATE LIMITED	Bulk	NSE	Buy	2,06,956	₹178.61	₹3.70 Cr
15 Oct 2025	NK SECURITIES RESEARCH PRIVATE LIMITED	Bulk	NSE	Sell	2,06,956	₹178.75	₹3.70 Cr

1–10 of 12

1 / 2

Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Mr. HARESH D RAMSINGHANIExecutive Director-Chairperson-MD
Mrs. NILANJANA RAMSINGHANINon-Executive - Non Independent Director
Mr. BRIJLAL KHANNANon-Executive - Independent Director
Mr. RATNESHWAR PRASADNon-Executive - Independent Director
Mr. PUSHPANGADAN MANGARINon-Executive - Independent Director
Mr. KISHORE SUKTHANKERNon-Executive - Non Independent Director
Mr. NARESH VERMANon-Executive - Independent Director
Mr. Jambu Kumar ParakhChief Financial Officer
Ms. Bhavna DaveCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Rama Phosphates Limited. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

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Events

Upcoming dates and the company’s corporate-action history.

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

12 announcementsExport CSV

17 Aug 2026, 1:06 pmCompany Update

Announcement under Regulation 30 (LODR)-Demise

Demise PDF

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Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	26.5%	31.5%	31.6%	34.8%	26.7%	20.1%	30%	32.2%
EBITDA margin %	6.6%	5.3%	10.8%	12.1%	8.3%	-3.4%	5.8%	9.8%
EBIT margin %	6.1%	4.4%	9.9%	10.9%	7.1%	-4.9%	4.7%	8.9%
PAT margin %	3.2%	3.9%	7.3%	8%	4.7%	-5.2%	1.8%	5.9%
Working capital
Receivable days	34	39	24	45	26	45	30	29
Inventory days	80	127	108	113	101	163	147	129
Payable days	67	101	68	39	46	72	71	66
NWC days	47	65	64	120	81	136	105	92
Leverage
Current ratio	1.79	1.8	2.25	2.02	1.97	1.65	1.76	1.84
Debt to EBITDA	0.67	1	0.09	0.52	1.54	—	2.82	1.57
Debt to equity	0.18	0.14	0.03	0.2	0.36	0.41	0.33	0.32
Interest coverage	5.1	8.2	37.8	18.5	7.8	-2.2	2.9	7.6
Asset turnover	2.08	1.5	1.87	1.98	1.64	0.96	1.17	1.24
Return ratios
Return on assets %	6.6%	5.9%	13.5%	15.8%	7.7%	-5%	2.2%	7.3%
Return on capital employed %	24.4%	13.2%	30.9%	41%	21.2%	-8.3%	10.3%	19.5%
Return on equity %	12.8%	10.6%	20.6%	26%	13.2%	-8.8%	3.7%	12.5%

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Coromandel International LimitedCOROMANDELCOROMANDEL	₹52,026 Cr	₹52,893 Cr	₹32,602 Cr	₹3,190 Cr	10.2%	₹1,778 Cr	6%	23.3%	16.5%	76
Fertilizers And Chemicals Travancore LimitedFACTFACT	₹47,559 Cr	₹49,329 Cr	₹5,293 Cr	₹105 Cr	2.3%	₹28 Cr	1%	17.5%	3%	86
Chambal Fertilizers & Chemicals LimitedCHAMBLFERTCHAMBLFERT	₹16,000 Cr	₹17,054 Cr	₹20,123 Cr	₹2,768 Cr	12.9%	₹1,928 Cr	9.4%	22.3%	20.4%	73
Paradeep Phosphates LimitedPARADEEPPARADEEP	₹15,700 Cr	₹22,606 Cr	₹23,447 Cr	₹2,292 Cr	9.9%	₹1,072 Cr	4.6%	29.3%	18.3%	115
Rashtriya Chemicals And Fertilizers LimitedRCFRCF	₹5,892 Cr	₹10,006 Cr	₹18,695 Cr	₹1,003 Cr	5.1%	₹447 Cr	2.3%	12.5%	8.7%	94
Gujarat State Fertilizers & Chemicals LimitedGSFCGSFC	₹5,854 Cr	₹5,879 Cr	₹12,344 Cr	₹830 Cr	7.2%	₹693 Cr	6.2%	6.6%	5.5%	129
National Fertilizers LimitedNFLNFL	₹3,132 Cr	₹7,092 Cr	₹22,480 Cr	₹1,012 Cr	3.9%	₹364 Cr	1%	11%	7.6%	81
Southern Petrochemicals Industries Corporation LimitedSPICSPIC	₹1,267 Cr	₹1,965 Cr	₹3,024 Cr	₹265 Cr	10.1%	₹205 Cr	7.2%	21.3%	16.5%	-26
Madras Fertilizers LimitedMADRASFERTMADRASFERT	₹926 Cr	₹1,560 Cr	₹2,442 Cr	₹98 Cr	4.8%	₹71 Cr	3.5%	101.8%	87.4%	33
Zuari Agro Chemicals LimitedZUARIZUARI	₹896 Cr	₹1,538 Cr	₹2,569 Cr	₹228 Cr	9.7%	₹939 Cr	30.7%	8.5%	46.6%	16
Aries Agro LimitedARIESARIES	₹621 Cr	₹671 Cr	₹766 Cr	₹81 Cr	10.3%	₹48 Cr	5.7%	21.1%	13.7%	115
Khaitan Chemicals & Fertilizers LimitedKHAICHEMKHAICHEM	₹477 Cr	₹755 Cr	₹988 Cr	₹105 Cr	11.3%	₹54 Cr	6.5%	36.1%	25.2%	119

Date	Category	Subject	Filing
17 Aug 2026, 1:06 pm	Company Update Demise	Announcement under Regulation 30 (LODR)-Demise	PDF
13 Aug 2026, 7:26 pm	Company Update Change in Management	Announcement under Regulation 30 (LODR)-Change in Management	PDF
13 Aug 2026, 7:19 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Scrutinizer''s Report	PDF
13 Aug 2026, 5:18 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM	PDF
24 Jul 2026, 5:07 pm	Company Update General	Presentation For Quarter Year Ended June 30, 2026	PDF
24 Jul 2026, 1:27 pm	Result Financial Results	Unaudited Financial Results For The Quarter Ended June 30, 2026	PDF
24 Jul 2026, 1:20 pm	Board Meeting Outcome of Board Meeting	Board Meeting Outcome for OUTCOME OF BOARD MEETING DATED 24/07/2026	PDF
18 Jul 2026, 2:59 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF

₹ Cr	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	21	26	44	-9	-36	-5	40	20
	-12	-21	-21	-32	-8	-12	-4	-22
	-9	-5	-23	40	45	16	-36	1
Net cash flow	-0	0	-0	-0	0	-0	-0	-0
Free cash flow	8	5	25	-43	-46	-13	32	-4
CFO / Operating profit %	51.8%	109.6%	71.2%	-8.1%	-50.2%	—	91.9%	23%

Rama Phosphates Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Segment results

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Announcements

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Credit ratings

15

1

1

Segment results

Compounded sales growth

Compounded profit growth

Return on equity

Fertilizers & Chimicals · revenue

Rama Phosphates Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Segment results

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Announcements

Ratio timeline

Quarterly record

Bulk & block deals

Board and management

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Credit ratings

Dividends15

Board meetings1

Stock splits1

Profit & loss

Balance sheet

Segment results

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

Fertilizers & Chimicals · revenue

15

1

1