Ramaraju Surgical Cotton Mills Limited
- Thinly traded share
- Chemicals & Materials
- ISIN INE328E01027
At a glance
Sales
FY26
₹499 Cr
+24.4%on FY25What the company earned from its customers in the year.
Loss for the year
FY26
₹-34.96 Cr
The company spent more than it earned in the year.
Market valuecalculated
₹158 Cr
What the whole company would be worth at GrowFast's indicative price.
Net worth
FY26
₹200 Cr
What the owners would have left on paper if every debt was repaid.
From the company's published figures; sources are beside each figure further down the page.
Key details
- Company
- Ramaraju Surgical Cotton Mills Limited
- ISIN
- INE328E01027
- Sector
- Chemicals & Materials
- Type of share
- Equity share (see listing status)
- Indicative price per share
- ₹272.25
- Price last updated
- 12 Oct 2026
- Minimum quantity
- Confirmed by the desk
- How you hold it
- In your own demat account
- Enquiries
- GrowFast desk, on WhatsApp
Indicative prices, illiquid shares. Prices are indicative and can change without notice. Unlisted shares are illiquid: you may not be able to sell when you want to, or at the price shown.
Company
About Ramaraju Surgical Cotton Mills Limited
The Ramaraju Surgical Cotton Mills Limited, based at Rajapalayam in Tamil Nadu, makes surgical dressings and cotton yarn and fabric through its surgical and textile divisions. It belongs to the Ramco group: its promoter is P.R. Venketrama Raja, who chairs the board, and the promoter group held 54.69% at 31 March 2026. Its shares are already listed, on the Metropolitan Stock Exchange of India.
Written from: ramarajusurgical.com, ramarajusurgical.com
Listing status. ALREADY LISTED: the equity shares are listed on the Metropolitan Stock Exchange of India (MSEI), symbol RAMARAJU. The Ramaraju Surgical Cotton Mills Limited, 86th Annual Report 2025-26
Financials
Ask for the full annual report.
The figures on this page are the headline numbers. The desk can share the latest annual report and anything published since.
Ask for the financials- Sector
- Chemicals & Materials
- ISIN
- INE328E01027
- Year of incorporation
- 1939
- Registered office
- Rajapalayam, Tamil Nadu
- Promoter
- P.R. Venketrama Raja (Ramco group); promoter and promoter group held 54.69%
- Key people
- Chairman: P.R. Venketrama Raja; Managing Directors: Nalina Ramalakshmi and N.R.K. Ramkumar Raja; Chief Financial Officer: G.N.V. Rajesh (from 1 July 2026)
- Board meeting outcome, 18 June 2026 (CFO change); board as in the 86th Annual Report
- Permanent employees on the rolls
- 2,065 people
- Face value per equity share
- ₹10
- Equity shares outstanding
- 58,15,127 shares
- Corporate Identity Number
- L17111TN1939PLC002302
- Website
- ramarajusurgical.com
Read from: The Ramaraju Surgical Cotton Mills Limited, 86th Annual Report 2025-26, unless another source is shown on a card.
Key data
What the numbers mean
The ratios buyers look at, each said in plain words.
Price to book (P/B)calculated
0.79×
At this price you pay ₹0.79 for every ₹1 of net worth on the company's books.
Profit margincalculated
-7%
For every ₹100 of sales, the company lost ₹7.
Return on equitycalculated
-17.4%
For every ₹100 of the owners' money, the company lost ₹17.4 in the year.
Debt to equitycalculated
2.86×
The company has borrowed ₹2.86 for every ₹1 of its owners' money.
Lenders and finance companies normally borrow far more than other businesses.
- Indicative price
- ₹272.25
- Market valuecalculated
- ₹158 Cr
- price × shares
- No. of shares
- 58,15,127
- EPS
- ₹-60.13
- Book value per share
- ₹344.58
- Face value
- ₹10
Figures marked “calculated” are worked out by GrowFast from its indicative price and the company's published figures for FY2025-26. They move with the price, and they are arithmetic, not a valuation.
Figures in ₹ crore
Financials
The Ramaraju Surgical Cotton Mills Limited. As published in the company's audited reports. GrowFast has not audited them.
Sales, year by year
₹ crore. The darkest bar is the latest year.
FY23 to FY26: ₹407 Cr to ₹499 Cr.
Profit, year by year
₹ crore, after tax. A bar below the line is a loss.
FY23 to FY26: ₹-29.25 Cr to ₹-34.96 Cr.
| Particulars | FY23 | FY24 | FY25 | FY26Latest |
|---|---|---|---|---|
| Revenue from operations | 407.11 | 365.59 | 401.09 | 498.8▲24% |
| Other income | 2.68 | 5.79 | 5.03 | 5.47▲9% |
| Total income | 409.79 | 371.38 | 406.12 | 504.26▲24% |
| Depreciation and amortisation expenses | 42.06 | 35.43 | 29.48 | 27.87▼5% |
| Finance cost | 31.59 | 37.57 | 38.58 | 45.31▲17% |
| Profit/(loss) before tax | -38.87 | -50.27 | -43.52 | -50.09▼15% |
| Profit/(loss) for the year (after share of associates) | -29.25 | -37.74 | -29.21 | -34.96▼20% |
| Earnings per share (basic and diluted) (₹) | -73.46 | -93.94 | -50.24 | -60.13▼20% |
Rupees crore unless marked, consolidated. The change shown is the latest year against the year before. Read from: The Ramaraju Surgical Cotton Mills Limited, 84th Annual Report 2023-24 (copy filed with MSEI), The Ramaraju Surgical Cotton Mills Limited, 86th Annual Report 2025-26.
Credit rating. CRISIL BBB/Negative (long term) and CRISIL A3+ (short term), reaffirmed; bank loan facilities of ₹620.43 crore; CRISIL letter dated 18 August 2026 (18 August 2026) Company intimation to MSEI enclosing CRISIL's letter, 18 August 2026
Ownership
Shareholding pattern
Who owns the company
54.7%Promoter and promoter group
- Largest holder
- 54.7%
- Top 3 together
- 95.2%
- Holders named
- 8
- Promoter and promoter group54.69%
- Residents38.91%
- Directors and their relatives1.63%
- Banks, financial institutions, insurance companies, government institutions1.49%
- Corporate bodies1.46%
- IEPF1.24%
- Total100.00%
Read from: The Ramaraju Surgical Cotton Mills Limited, 86th Annual Report 2025-26
Capital history
Fund raise history
| Date and detail | Type | Instrument | Price per share | Amount raised |
|---|---|---|---|---|
| 28 Mar 202418,17,227 rights shares of ₹10 allotted at ₹204 each, in the ratio of 5 for every 11 held, raising ₹37.07 crore to repay subordinated debt and other borrowings; paid-up capital rose to 58,15,127 shares. | Rights issue | Equity shares | ₹204 | ₹37 Cr |
Leadership
Management
P.R. Venketrama Raja
Chairman
Nalina Ramalakshmi
Managing Director
N.R.K. Ramkumar Raja
Managing Director
G.N.V. Rajesh
Chief Financial Officer (from 1 July 2026)
P. Muthukumar
Company Secretary
N.K. Shrikantan Raja
Director
P.A.S. Alaghar Raja
Director
G. Thiruvasagar
Nominee Director of Govt. of Tamilnadu
Read from: The Ramaraju Surgical Cotton Mills Limited, 86th Annual Report 2025-26, Board meeting outcome, 18 June 2026
Corporate calendar
Events
- 29 Aug 2026Postal ballotPostal ballot notice seeking approval of limits for investments, loans, guarantees and securities under section 186Open
- 28 Aug 2026AGM86th annual general meeting held by video conference; no dividend for FY2025-26Open
- 18 Aug 2026RatingCRISIL reaffirms BBB/Negative and A3+ on bank facilities enhanced to ₹620.43 croreOpen
- 18 Jun 2026Management changeCFO N. Vijay Gopal retires on 30 June 2026; G.N.V. Rajesh appointed CFO from 1 July 2026Open
- 17 Feb 2026Postal ballotPostal ballot notice: reappointment of an independent director and sale of investments to related parties Rajapalayam Mills and Sri Vishnu Shankar MillsOpen
- 29 Dec 2025BoardBoard approves taking an unsecured inter-corporate loan of up to ₹40 crore from Nalina Agricultural Farms Private LimitedOpen
- 14 Jun 2025SubsidiarySubsidiary Pharmacot Corp Private Limited incorporated on 13 June 2025 to make and market surgical dressingsOpen
- 28 Mar 2024Rights issueRights Issue Committee allots 18,17,227 shares at ₹204 eachOpen
Reports and filings
Annual reports and results
Each link opens the document where its publisher keeps it.
- FY2026-27CRISIL rating letter with company intimation, 18 August 2026
- FY2025-2686th Annual Report 2025-26
- FY2025-26Board meeting outcome with audited results for the year ended 31 March 2026
- FY2024-2585th Annual Report 2024-25
- FY2023-2484th Annual Report 2023-24 (exchange copy)
- FY2023-24Abridged Letter of Offer, rights issue 2024
- FY2023-2484th Annual Report 2023-24
- FY2022-2383rd Annual Report 2022-23
Before you buy
Six things to check on any unlisted share.
The same list applies to every stock. None of it is advice on this one.
The company's latest financials
Revenue, profit and debt for the last three years, from its audited annual report. Ask the desk for the most recent set.
What the price implies
Compare the price per share with earnings and book value per share, and with listed companies in the same business.
Whether a listing is planned
A company may file for an IPO, delay it or never list. A listing, its timing and its price are never certain.
How you would sell
There is no exchange for these shares. You sell by finding a buyer, which can take time and may be at a lower price.
Lock-in after a listing
Shares bought before an IPO are usually locked in for a period after the company lists. Confirm the current rule before you buy.
Tax on your gains
Unlisted shares are taxed differently from listed ones. Check your position with a tax adviser.
Questions
What buyers ask about this stock.
Not answered here? Ask the desk.
Inquire about Ramaraju Surgical Cotton Mills Limited on WhatsAppIs the price shown for Ramaraju Surgical Cotton Mills Limited final?
No. It is an indicative price per share. The desk confirms the price and the quantity available when you inquire, and the confirmed price is the one you deal at.
How do I buy these shares?
Press Inquire. It opens a WhatsApp chat with the desk, with this stock already named. After the price and quantity are agreed, a 10% advance locks the deal. Once your KYC is complete you pay the balance, and the shares are transferred to your demat account.
Do I pay anything on this website?
No. No payment is taken and no order is placed on this site. Payment details are shared by the desk only after the deal is agreed.
What do I need before I can buy?
A demat account in your name and the documents for KYC: your identity and demat account details are verified before any deal, as the regulations require.
Can I sell my Ramaraju Surgical Cotton Mills Limited shares to GrowFast?
GrowFast buys as well as sells. Press Inquire and tell the desk how many shares you hold; it will come back with what it can offer.
How do I sell Ramaraju Surgical Cotton Mills Limited shares I already hold?
Tell the desk how many you hold. If a price is agreed, you transfer the shares from your demat account with a delivery instruction to your depository participant (a DIS, or its online equivalent), and payment follows as agreed with the desk.
Is there a lock-in if the company lists?
Shares held before an IPO are generally locked in for a period after the listing under SEBI's rules, which have changed over time. Ask the desk for the rule that applies today before you buy.
Is buying unlisted shares legal in India?
Yes. Shares of an unlisted company can be bought and sold privately and are transferred between demat accounts. They are not traded on a stock exchange, so the protections of an exchange do not apply.
What is the minimum I can buy?
It differs by stock and by what the desk holds at the time. The desk confirms the minimum quantity when you inquire.
What is an ISIN?
The 12-character code that identifies a security. It is how your depository knows exactly which share is being transferred to your demat account.
Why are unlisted shares riskier than listed ones?
Prices are indicative and can change without notice. Unlisted shares are illiquid: you may not be able to sell when you want to, or at the price shown.
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Risk disclosure
Prices on this site are indicative, quoted per share, and are not an offer to buy or sell. The price and quantity for any deal are confirmed by GrowFast's desk at the time you deal.
Unlisted, pre-IPO and delisted shares are not traded on a stock exchange. They are illiquid, their prices can move sharply, and you may be unable to sell them when you wish or at all. A company that is expected to list may not do so.
Nothing on this site is investment advice or a promise of returns. Past prices do not predict future prices. Consider your own circumstances, and take independent advice, before you invest.
Inquire opens a WhatsApp chat with GrowFast. No payment is taken and no order is placed on this site.
GrowFast is not affiliated with, sponsored by or endorsed by Ramaraju Surgical Cotton Mills Limited. Its name and logo belong to their owner and are shown only to identify the company. Figures about it come from published sources and have not been audited by GrowFast. See the Terms and Conditions.