Announcement
Announcement under Regulation 30 (LODR)-Dividend Updates 27 May - Board approved FY26 audited results, 10% final dividend, CS resignation by 30.06.2026, and UAE subsidiary incorporation.
Source: Bse
Ramky Infrastructure Limited (RAMKY)
Small CapReal Estate stocks · Small cap · NSE
Ramky Infrastructure Limited operates in Real Estate Development, within the Real Estate sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 19 Oct, 03:31 pm ISTDetails
Quote19 Oct, 03:31 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result16 Aug, 01:41 am IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Real Estate P/E 22.2 (n=72)
Technical timing lens
Trend score and candlestick chart
34Bearishfull bear SMA stack · SMA20 -17.1% / mo · RSI oversold · MACD + · near 52W low · sector -6.4pp vs Nifty 500 (3M)
Stock trend: 28
Sector RS: 44
Sector 3M: -12.0% vs Nifty 500 -5.6%
Real Estate FPI tailwindBuilding
Latest FPI flow is positive, but a second consecutive positive fortnight is still required. View sector evidence
Technical chart
RAMKYD candles · FIT view-47.6%Latest close ₹263.25 on 2026-10-19
Bar
-2.4%
RSI
28
MACD hist
0.90
52W pos
1%
2026-10-19O ₹269.65H ₹271.70L ₹262.00C ₹263.25Vol 25,371 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
RAMKYNifty RealtyNifty 500
- RAMKY
- -31.6%
- Nifty 500
- -5.6%
- Nifty Realty
- -11.0%
- Vs Nifty 500
- -26.0 pp
Chart stats
19 Oct 2026- From 52W high
- -60.0%
- 52W range position
- 1%
- ATR (14)
- 4.3%
- Volume vs 20D
- 0.47x
- Avg traded value
- ₹1.5 Cr
- 20D price channel
- ₹260.6 - ₹327.7
₹658.3
₹260.6 - ₹658.3
₹11.3
Latest completed session
20-session average
39.0% annualized volatility
Research snapshot
What the evidence says now
Investable fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is weak.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · UNDERVALUED66
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad0
Revenue +24.3% · PAT -49.4% YoY
Technical
Bearish34
Price trend and sector-relative-strength timing.
Valuation
Legacy model+76.8%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence61
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Bad · 0/100PAT -49% YoY · margin compression · Rev +24% YoY
Filed 30 Jun 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹471 Cr | +24.3% | -7.1% |
| EBITDA | ₹29 Cr | -61.8% | +825.0% |
| Operating margin | 6.0% | -1400 bps | +680 bps |
| PAT | ₹39 Cr | -49.4% | -25.0% |
| PAT margin | 8.3% | -1204 bps | -198 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 10.40
- P/B
- 0.90
- EV/EBITDA
- 10.79
- Market Cap
- 1944.00Cr
Profitability
- ROE
- 11.10%
- ROCE
- 13.70%
- ROA
- 5.94%
- Dividend Y
- 0.36%
Growth (CAGR)
- Revenue 5Y
- 12.00%
- EPS 5Y
- 68.00%
- Revenue 3Y
- 3.00%
- EPS 3Y
- 45.00%
Balance Sheet
- Debt/Equity
- 0.31
- Interest Coverage
- 2.08×
- Altman Z
- 1.91
- Book Value
- 312.00
Cash Flow
- FCF Yield
- 7.77%
- FCF Positive Y
- 11/5
- OCF
- -262.00 Cr
- EPS TTM
- 34.11
Shareholding
- Promoter Hold
- 69.81%
- Promoter Pledge
- 25.70%
- Momentum 52W
- 4%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 1,776+5.8% vs prev
Net Profit
₹ CrLatest: 260-27.8% vs prev
Return on Equity
%Latest: 17.7-38.0% vs prev
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term trend down. RSI 28. Wait for confirmation.
- Price < SMA20 < SMA50 < SMA200 — full bearish stack.
- SMA20 falling (~20.6% over last month) — short-term momentum negative.
- RSI(14) at 28 — oversold zone; bounce conditions.
- MACD above signal, histogram expanding — bullish momentum building.
- Within 5% of 52-week low — testing support.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
3
RS percentile
Stage 4 Downtrend
1M return
-17.6%
3M return
-31.6%
6M return
-48.8%
1Y return
-58.8%
RS 1D
0
RS 20D
-2
Sector rank
#18
Industry rank
#71
Stage evidence
- Price is 35.0% below the 30-week proxy.
- The 50-DMA is below the 30-week proxy and its slope is falling -5.5%.
- Both 3-month and 6-month returns are negative.
50-DMA
price below
200-DMA
price below
Sector
lagging
Industry
lagging
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 47.37-1.35%
RS vs Nifty 50047
Valuation & peers
U-Score 66 · legacy U-Score band UNDERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 66 · legacy U-Score band UNDERVALUED · valuation evidence and comparable companies
Deep Value
Fundamental score breakdown
U band · UNDERVALUEDValuation28/30
Growth17/25
Quality4/20
Balance Sheet6/15
Cash Flow7/10
Piotroski
5/9 (+3)
Penalties
1
Raw sum
66
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
66/100 · legacy band UNDERVALUED
Positive drivers
- FCF yield is supportive at 7.8%.
- Fair-value margin of safety is positive at 76.8%.
- Valuation contributes 28/30 to the score.
Main drags
- Promoter pledge is 25.7%.
- Quality is weaker at 4/20; verify the latest quarterly trend.
- Balance sheet is weaker at 6/15; verify the latest quarterly trend.
Sector valuation model
Execution business valuation: EV/EBITDA plus order and working-capital risk
Capital-intensive execution stories need cash-flow and balance-sheet checks alongside valuation.
Primary lens
EV/EBITDA and PE against execution quality and margin stability.
Secondary checks
Order book, receivables, working capital, debt, operating cash flow.
Main risk check
Order wins matter only if they convert into cash and margins.
PE
10.4
PB
0.9
EV/EBITDA
10.8
ROE
11.1%
ROCE
13.7%
FCF Yield
7.8%
Debt/Equity
0.3
MoS
+76.8%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
66
Previous: 66
Legacy U-Score band
UNDERVALUED
Previous: UNDERVALUED
Margin of safety
+76.8%
Previous: +76.8%
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Oct 2026
v4.3-runtime-valuation
66
66
66
66
66
66
66
66
66
66
66
66
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹489.34
+46.2% MoS
Growth-justified P/E
33.3
Growth-justified Value
₹1,135.86
+76.8% MoS
PEG
0.18
Comparable companies
Peers
Business-comparable peers in Real Estate — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
AJMERA
Small
Ajmera Realty & Infra India Limited
Real Estate
match 178
60
14.9
11.5%
+51%
UNDERVALUED
MARATHON
Small
Marathon Nextgen Realty Limited
Real Estate
match 177
64
13.2
4.7%
+60%
UNDERVALUED
SPMLINFRA
Small
SPML Infra Limited
Real Estate
match 176
54
15.8
8.3%
+59%
FAIR VALUE
SIMPLEXINF
Small
Simplex Infrastructures Limited
Real Estate
match 176
18
43.7
5.1%
-49%
OVERVALUED
ARIHANT
Small
Arihant Foundations & Housing Limited
Real Estate
match 175
67
14.2
17.1%
+59%
UNDERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Ramky Infrastructure Limited operates in Real Estate Development, within the Real Estate sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
61Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 32nd percentile of the scored universe and 55th percentile within Real Estate. Main check: financial discipline is weak at 50/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
19 docs text-extracted · 2 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
32nd percentile
overall median 67 · Real Estate: 55th pctile, median 61 · Small: 36th pctile, median 66
Evidence depth
Financial-only
19 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
54
watch · holding, pledge, alignment
Cash flow
74
acceptable · profit to cash conversion
Balance sheet
73
acceptable · leverage and solvency
Discipline
50
watch · capital discipline
Results
50
watch · quarterly consistency
Trust positives
- ▸Promoter holding is 69.8%.
- ▸FCF yield is 6.3%.
- ▸11 years of positive FCF.
- ▸3/4 latest quarters had positive YoY revenue growth.
Trust risks
- ▸Promoter pledge is elevated at 25.7%.
- ▸Operating cash flow is negative at ₹-262 Cr.
- ▸ROCE trend is -3.6%.
- ▸1 of the latest 4 quarters had PAT decline worse than 25% YoY.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Ramky Infrastructure Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Reg. 34 (1) Annual Report. 19 Sep - Revised Annual Report for FY 2025-26 submitted with cosmetic and editorial changes.
Source: Bse
Annual report
Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.