---
title: "Ram Minerals and Chemicals Ltd (212089) — Share Price, Financials & Analysis"
symbol: "212089"
company: "Ram Minerals and Chemicals Ltd"
canonical: "https://tapetide.com/stocks/212089"
sector: "Commodities"
industry: "Chemicals & Petrochemicals"
generated_at: "2026-09-13T19:16:28.332Z"
---

# Ram Minerals and Chemicals Ltd (212089)

Canonical page: https://tapetide.com/stocks/212089

## Company

- **Sector:** Commodities
- **Industry:** Chemicals & Petrochemicals
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** icvlchemicals.com

## About

Ram Minerals and Chemicals Limited is an India-based company engaged in the business of trading in rice.

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.
- Stock is trading at 0.43 times its book value

### Weaknesses

- Company has a low return on equity of 0.10% over last 3 years.

## Growth Rates

| Metric | 1Y |
| --- | --- |
| net income growth | 153% |
| revenue growth | -100% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 17.12 | 5.62 | 0.04 | 0 | 0.22 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 17.43 | 5.72 | 0.09 | 0.03 | 0.67 | 0.04 | 0.09 | 0.03 | 0.02 | 0.01 | 0.03 | 0.01 |
| Operating Profit | -0.31 | -0.1 | -0.05 | -0.03 | -0.45 | -0.04 | -0.09 | -0.03 | -0.02 | -0.01 | -0.03 | -0.01 |
| OPM % | -1.81 | -1.78 | -125 | — | -204.55 | — | — | — | — | — | — | — |
| Other Income | 0.36 | 0 | 0 | 0 | 0.44 | 0 | 0 | 0 | 0.16 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0.05 | -0.1 | -0.05 | -0.03 | -0.01 | -0.04 | -0.09 | -0.03 | 0.14 | -0.01 | -0.03 | -0.01 |
| Tax % | 40 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | 0.04 | -0.1 | -0.05 | -0.03 | -0.01 | -0.04 | -0.09 | -0.03 | 0.14 | -0.01 | -0.03 | -0.01 |
| EPS in Rs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0 | 0 | 0 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 11.93 | 0.06 | 0.05 | 24.09 | 31.79 | 32.99 | 5.89 | 0 | 0 |
| Expenses | 11.9 | 0.06 | 0.06 | 24.59 | 32.05 | 33.25 | 6.3 | 0.17 | 0.07 |
| Operating Profit | 0.03 | 0 | -0.01 | -0.5 | -0.26 | -0.26 | -0.41 | -0.17 | -0.07 |
| OPM % | 0.25 | 0 | -20 | -2.08 | -0.82 | -0.79 | -6.96 | — | — |
| Other Income | -0.03 | 0.02 | 0.04 | 0.71 | 0.38 | 0.36 | 0.44 | 0.16 | 0.16 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.01 | 0.02 | 0.02 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -0.01 | 0 | 0.01 | 0.21 | 0.12 | 0.1 | 0.03 | -0.01 | 0.09 |
| Tax % | 200 | — | 0 | 28.57 | 33.33 | 30 | 33.33 | 100 | — |
| Net Profit | -0.03 | 0 | 0.01 | 0.15 | 0.09 | 0.07 | 0.02 | -0.02 | 0.09 |
| EPS in Rs | 0 | 0 | 0 | 0.01 | 0 | 0 | 0 | 0 | 0.01 |
| Dividend Payout % | 0 | — | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Sep 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 3.25 | 3.25 | 3.25 | 4.12 | 4.12 | 4.12 | 20.58 | 20.58 | 20.58 |
| Reserves | -0.03 | -0.02 | -0.02 | 19.15 | 19.24 | 19.31 | 2.87 | 2.85 | 2.82 |
| Borrowings | 0 | 0 | 0 | 0 | 0.04 | 0 | 0 | 0 | 0 |
| Other Liabilities | 1.54 | 0.01 | 0 | 10.01 | 12.22 | 5.66 | 11.49 | 0.39 | 0.42 |
| Total Liabilities | 4.76 | 3.24 | 3.23 | 33.28 | 35.62 | 29.09 | 34.94 | 23.82 | 23.82 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 |
| Other Assets | 4.76 | 3.24 | 3.23 | 32.8 | 35.14 | 28.61 | 34.46 | 23.34 | 23.34 |
| Total Assets | 4.76 | 3.24 | 3.23 | 33.28 | 35.62 | 29.09 | 34.94 | 23.82 | 23.82 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | — | -0.02 | 0.05 | -19.08 | -1.26 | -0.24 | -0.55 | -0.15 |
| Cash from Investing Activity | — | -0.01 | 0.04 | 0.03 | 0.39 | 0.35 | 0.41 | 0.16 |
| Cash from Financing Activity | — | 0 | 0 | 19.89 | 0 | 0 | 0 | 0 |
| Net Cash Flow | — | -0.03 | 0.09 | 0.84 | -0.87 | 0.12 | -0.14 | 0.01 |
| Free Cash Flow | — | -0.02 | 0.05 | -19.08 | -1.26 | -0.24 | -0.55 | -0.15 |
| CFO/OP | — | — | -600 | 3816 | 469 | 81 | 132 | 82 |

### Ratios

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 52.01 | 121.67 | 0 | 302.12 | 252.71 | 179.46 | 1362.09 | — |
| Inventory Days | 0 | — | — | 0 | 0 | 2.46 | 0 | — |
| Days Payable | — | — | — | — | — | 58.82 | — | — |
| Cash Conversion Cycle | 52.01 | 121.67 | 0 | 302.12 | 252.71 | 123.09 | 1362.09 | — |
| Working Capital Days | 97.6 | 19345 | 22703 | 330.91 | 262.12 | 251.93 | 1419.1 | — |
| ROCE % | — | 0 | 0.31 | 1.58 | 0.51 | 0.43 | 0.13 | -0.04 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Dec 2019 |
| --- | --- | --- | --- | --- |
| Promoters | 21.8% | 21.8% | 4.15% | 0% |
| DIIs | 1.31% | 0% | 0% | 0% |
| Public | 76.89% | 78.2% | 95.85% | 100% |
| No. of Shareholders | 1629 | 5921 | 5524 | 5623 |

### Quarterly

| Category | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 21.8% | 21.8% | 21.8% | 21.8% | 21.8% | 21.8% | 21.8% | 5.81% | 4.15% | 0% | 0% | 0% |
| DIIs | 1.31% | 1.22% | 1.28% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 76.89% | 76.98% | 76.92% | 78.2% | 78.2% | 78.2% | 78.2% | 94.19% | 95.85% | 100% | 100% | 100% |
| No. of Shareholders | 1629 | 5418 | 5749 | 5770 | 5921 | 5990 | 6050 | 5791 | 5524 | 5623 | 5623 | 5623 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 10 / 6 / 3

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 10.53 | Buy |
| EMA (10) | 10.52 | Buy |
| SMA (20) | 10.25 | Buy |
| EMA (20) | 10.1 | Buy |
| SMA (50) | 8.7 | Buy |
| EMA (50) | 9.4 | Buy |
| SMA (100) | 9.11 | Buy |
| EMA (100) | 9.91 | Buy |
| SMA (200) | 12.44 | Sell |
| EMA (200) | 10.77 | Buy |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 66.61 | Neutral |
| MACD (12,26,9) | 0.58 | Sell |
| Stochastic (14,3,3) | 73.2 | Neutral |
| ADX (14) | 17.13 | Neutral |
| Williams %R (14) | 0 | Sell |
| ATR (14) | 0.48 | High Volatility |
| ROC (12) | 10.89 | Buy |
| Stoch RSI (14) | 51.98 | Neutral |
| UO (7,14,28) | 65.4 | Neutral |

## Filings & Documents

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport//5347340319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport//5347340318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport//5347340317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport//5347340316.pdf) |
| from bse | [Annual Report 2015 from bse](https://www.bseindia.com/bseplus/AnnualReport//5347340315.pdf) |
| from bse | [Annual Report 2014 from bse](https://www.bseindia.com/bseplus/AnnualReport//5347340314.pdf) |
| from bse | [Annual Report 2013 from bse](https://www.bseindia.com/bseplus/AnnualReport//5347340313.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:16:28.332Z.