The Ramco Cements Ltd has exceeded its targeted non-core asset monetisation plan as part of its ongoing debt restructuring exercise, strengthening its balance sheet and improving key financial metrics.
The company had earlier outlined plans to dispose of non-core assets worth around ₹1,000 crore over a two-year period to pare debt and enhance financial flexibility.
In December 2025, it completed the sale of non-core assets valued at ₹515 crore to Prestige Estates Projects Ltd. This was followed by another transaction on February 26, 2026, involving the sale of assets worth approximately ₹60 crore to Rainbow Foundations Ltd.
With these transactions, Ramco Cements has cumulatively disposed of non-core assets worth ₹1,081 crore over the past two years, surpassing its stated target of ₹1,000 crore.
The monetisation drive is aimed at deleveraging the balance sheet amid challenging industry conditions and rising competitive intensity in the cement sector.
The impact of the debt reduction efforts is visible in the company’s financial profile. Net debt stood at ₹4,145 crore as of December 2025, compared with ₹4,481 crore in the corresponding period last year.
Additionally, the cost of debt for Q3 FY26 declined to 7.10%, down from 7.89% a year earlier, reflecting improved credit metrics and softer borrowing costs.
The company continues to focus on operational efficiency, disciplined capital allocation and balance sheet strengthening to support long-term growth.