| Construction business | Engineering, procurement, and construction (EPC) of water, wastewater, roads, industrial parks, and urban infrastructure including O&M services. | Strong project execution track record, large equipment fleet, diversified sector expertise, certification, and robust order book. | B2G with government bodies, B2B with industrial clients and municipalities. | Operation and maintenance contracts, turnkey urban infrastructure projects. | 1372 | 68 | Revenue mainly from project contracts (EPC, LSTK, item rate) and long-term operations and maintenance agreements. | Project-based contracts with mix of fixed price and item rate; recurring O&M service revenues. | Government infrastructure spends, urbanization, innovation in water treatment and waste management. | Ramky One Astra, Nagole STP, Jawahar Nagar Leachate Treatment Plant |
| Developer business | Development and operation of industrial parks, highways, and urban infrastructure projects through PPP and concession models. | Strategic partnerships with government, sector-specific parks, and established operational assets. | B2G and B2B including industrial tenants and government authorities. | Revenue sharing from industrial parks and BOT highway projects. | 672 | 32 | Revenue through long-term leases, revenue sharing, toll collections, and project development fees. | Concession agreements, annuity, and revenue-share models. | Expansion of industrial infrastructure, pharma sector growth, urban development initiatives. | Visakha Pharmacity, Ramky Elsamex Hyderabad Ring Road Ltd |
| Other segments | Consultancy services in infrastructure development, waste management, environment, and property development mainly in the UAE. | Niche expertise, regional presence through wholly owned subsidiary. | B2B clients in infrastructure sectors in Middle East. | Consulting services. | 0 | 0 | Consulting fees and service contracts. | Service-based contracts. | Demand for sustainable infrastructure advisory in UAE and Middle East. | |
