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Rama Phosphates Limited (IN:RAMAPHO)
:RAMAPHO
India Market
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Rama Phosphates Limited (RAMAPHO) AI Stock Analysis

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IN:RAMAPHO

Rama Phosphates Limited

(RAMAPHO)

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Neutral 56 (OpenAI - Gpt-5.6Sol)
Rating:56Neutral
Price Target:
₹127.00
▲(1.28% Upside)
Action:Reiterated
Date:08/21/26
The score is driven primarily by uneven financial quality—especially volatile and recently negative free cash flow—despite a clear 2026 earnings rebound and moderate leverage. Technical indicators are bearish (below key moving averages with negative MACD), while valuation is a supportive offset due to the low P/E.
Positive Factors
2026 Revenue and Profit Rebound
The sharp 2026 recovery shows that the business can regain scale and profitability after a downturn. If fertilizer demand and operating conditions remain supportive, the stronger earnings base can improve reinvestment capacity and financial resilience.
Negative Factors
Weak and Volatile Cash Generation
Repeated negative operating and free cash flow indicates that reported earnings do not consistently convert into liquidity. Uneven working-capital needs or capital spending could constrain debt reduction, dividends, and investment even when accounting profit improves.
Read all positive and negative factors
Positive Factors
Negative Factors
2026 Revenue and Profit Rebound
The sharp 2026 recovery shows that the business can regain scale and profitability after a downturn. If fertilizer demand and operating conditions remain supportive, the stronger earnings base can improve reinvestment capacity and financial resilience.
Read all positive factors

Rama Phosphates Limited (RAMAPHO) vs. iShares MSCI India ETF (INDA)

Rama Phosphates Limited Business Overview & Revenue Model

Company Description
Operating within India, Rama Phosphates Limited functions as a manufacturer and supplier of agricultural inputs, including various fertilizers and micronutrients, alongside a range of chemicals and soya-based products. The company's business activ...
How the Company Makes Money
Rama Phosphates primarily makes money by producing and selling phosphatic fertilizers, with revenues generated from (1) domestic sales of manufactured fertilizers (notably single super phosphate/SSP) to dealers/distributors, retailers, and institu...

Rama Phosphates Limited Financial Statement Overview

Summary
Mixed fundamentals: income statement rebounded in 2026 (revenue up ~73% YoY; net income ₹527M), and leverage appears manageable (debt-to-equity ~0.34 in 2025), but cash flow quality is weak and volatile with negative free cash flow again in 2026 and several years of negative operating cash flow (2022–2024).
Income Statement
62
Positive
Balance Sheet
68
Positive
Cash Flow
41
Neutral
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue9.28B8.93B5.15B4.33B5.71B4.90B
Gross Profit2.76B2.41B2.23B-720.70M-975.08M-1.13B
EBITDA905.29M888.33M434.25M-207.22M722.57M1.14B
Net Income537.40M527.09M136.75M-310.67M409.34M700.37M
Balance Sheet
Total Assets0.007.19B6.34B6.26B5.34B4.43B
Cash, Cash Equivalents and Short-Term Investments1.54M34.63M36.69M73.65M62.42M17.57M
Total Debt0.001.39B1.26B1.49B1.18B588.47M
Total Liabilities-4.22B2.97B2.63B2.73B2.25B1.73B
Stockholders Equity4.22B4.22B3.71B3.53B3.09B2.70B
Cash Flow
Free Cash Flow0.00-135.16M324.44M-131.67M-464.73M-429.47M
Operating Cash Flow0.00110.75M399.05M-51.04M-362.60M-85.82M
Investing Cash Flow0.00-225.24M-41.33M-115.35M-81.45M-316.63M
Financing Cash Flow0.00114.34M-358.86M164.22M447.50M402.07M

Rama Phosphates Limited Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price125.40
Price Trends
50DMA
124.52
Negative
100DMA
127.04
Negative
200DMA
137.95
Negative
Market Momentum
MACD
-0.17
Negative
RSI
49.66
Neutral
STOCH
36.65
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:RAMAPHO, the sentiment is Neutral. The current price of 125.4 is above the 20-day moving average (MA) of 122.82, above the 50-day MA of 124.52, and below the 200-day MA of 137.95, indicating a neutral trend. The MACD of -0.17 indicates Negative momentum. The RSI at 49.66 is Neutral, neither overbought nor oversold. The STOCH value of 36.65 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:RAMAPHO.

Rama Phosphates Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
71
Outperform
₹9.50B1.010.25%-43.98%268.95%
70
Outperform
₹167.84B8.722.63%15.58%10.17%
63
Neutral
₹571.74B31.200.57%23.50%-18.96%
62
Neutral
₹163.00B14.010.95%54.29%14.03%
56
Neutral
₹4.37B8.140.61%18.87%91.75%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
52
Neutral
₹63.39B14.222.02%17.52%56.09%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:RAMAPHO
Rama Phosphates Limited
123.75
-11.57
-8.55%
IN:CHAMBLFERT
Chambal Fertilisers & Chemicals Ltd.
419.00
-117.23
-21.86%
IN:COROMANDEL
Coromandel International Limited
1,938.00
-237.70
-10.93%
IN:PARADEEP
Paradeep Phosphates Ltd.
156.95
-25.75
-14.09%
IN:RCF
Rashtriya Chemicals & Fertilizers Ltd.
114.90
-37.59
-24.65%
IN:ZUARI
Zuari Agro Chemicals Ltd.
225.90
-47.95
-17.51%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Aug 21, 2026