Rane Engine Valve Ltd

₹ 318 -0.86%

21 Apr 2025

ranegroup.com BSE: 532988 NSE: RANEENGINE

About

Incorporated in 1959, Rane Engine Valve Ltd manufactures components for the internal combustion engine applicable for stationary
and transportation engine applications^[1]

Key Points

Business Overview:^[1]^[2]^[3]
REVL is a subsidiary of Rane Holdings Ltd which holds ~58.29% of shares in the company. It is an ISO 9001:2015, ISO 14001:2015 IATF 16949:2016, ISO 45001:2018 certified manufacturer of valves and valve train components for various engine applications. Non Automotive applications such as power generation, marine, defence, locomotive, etc.^[4]

Website BSE NSE

Market Cap ₹ 230 Cr.
Current Price ₹ 318
High / Low ₹ 352 / 259
Stock P/E 97.0
Book Value ₹ 173
Dividend Yield 0.00 %
ROCE 13.1 %
ROE 13.7 %
Face Value ₹ 10.0

Add ratio to table

Edit ratios

Pros

Cons

Company has a low return on equity of 0.01% over last 3 years.
Company might be capitalizing the interest cost

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Consumer Discretionary Automobile and Auto Components Auto Components Auto Components & Equipments

Edit Columns

Loading peers table ...

Detailed Comparison with:

Quarterly Results

Figures in Rs. Crores

	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
	98.30	108.72	114.91	122.89	124.06	135.71	138.01	142.50	136.42	149.82	137.12	147.37	131.25
	93.85	99.55	111.65	115.06	116.78	119.92	127.40	134.50	124.63	133.49	130.34	130.76	120.79
Operating Profit	4.45	9.17	3.26	7.83	7.28	15.79	10.61	8.00	11.79	16.33	6.78	16.61	10.46
OPM %	4.53%	8.43%	2.84%	6.37%	5.87%	11.64%	7.69%	5.61%	8.64%	10.90%	4.94%	11.27%	7.97%
	-1.87	0.77	-0.95	-0.71	-1.77	-1.18	-0.61	1.12	0.49	-2.83	4.15	-0.10	-0.43
Interest	2.17	2.12	1.94	2.53	2.80	2.84	2.79	2.47	2.47	2.46	2.59	2.82	2.90
Depreciation	4.96	4.91	4.85	4.65	4.71	5.07	4.69	4.64	4.69	5.00	4.85	4.85	4.80
Profit before tax	-4.55	2.91	-4.48	-0.06	-2.00	6.70	2.52	2.01	5.12	6.04	3.49	8.84	2.33
Tax %	-34.73%	100.34%	-30.58%	-33.33%	-11.50%	27.46%	30.95%	26.37%	31.64%	21.52%	31.52%	35.18%	480.26%
	-2.97	-0.01	-3.11	-0.04	-1.77	4.86	1.74	1.48	3.50	4.74	2.39	5.73	-8.86
EPS in Rs	-4.43	-0.01	-4.64	-0.06	-2.64	6.85	2.42	2.06	4.86	6.58	3.32	7.96	-12.31
Raw PDF

Profit & Loss

Figures in Rs. Crores

	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
	263	262	389	344	355	375	423	355	302	382	498	567	566
	254	231	359	340	331	361	404	344	305	368	463	519	515
Operating Profit	9	31	30	4	24	14	19	11	-3	14	35	47	50
OPM %	3%	12%	8%	1%	7%	4%	4%	3%	-1%	4%	7%	8%	9%
	3	-39	49	20	92	2	2	3	25	-1	-5	-2	1
Interest	10	15	19	15	10	8	11	11	9	9	11	11	11
Depreciation	21	20	28	28	28	29	31	28	23	20	19	19	20
Profit before tax	-19	-44	31	-18	78	-21	-20	-25	-10	-15	0	16	21
Tax %	-33%	-33%	25%	-29%	26%	-19%	-34%	-35%	-37%	-21%	138%	27%
	-13	-29	23	-13	58	-17	-14	-16	-6	-12	-0	11	4
EPS in Rs	-24.25	-55.94	45.15	-18.72	86.10	-25.46	-20.25	-24.39	-9.09	-17.70	-0.08	15.92	5.55
Dividend Payout %	0%	0%	5%	0%	3%	0%	0%	0%	0%	0%	0%	32%

Compounded Sales Growth
10 Years:	8%
5 Years:	6%
3 Years:	23%
TTM:	2%

Compounded Profit Growth
10 Years:	3%
5 Years:	26%
3 Years:	37%
TTM:	-83%

Stock Price CAGR
10 Years:	-4%
5 Years:	4%
3 Years:	15%
1 Year:	9%

Return on Equity
10 Years:	-11%
5 Years:	-8%
3 Years:	0%
Last Year:	14%

Balance Sheet

Figures in Rs. Crores

	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	5	5	5	7	7	7	7	7	7	7	7	7	7
Reserves	87	58	110	96	153	134	121	104	98	90	98	114	117
	111	141	153	143	84	108	133	121	115	129	137	122	143
	48	46	74	64	62	71	83	71	83	85	110	111	118
Total Liabilities	251	250	343	310	306	320	343	303	302	312	352	354	385
	150	133	173	161	141	132	125	109	92	82	86	87	86
CWIP	7	14	6	3	3	4	6	2	2	5	5	11	12
Investments	0	1	1	1	1	0	1	1	1	2	2	3	3
	94	102	163	145	162	184	210	191	207	223	259	253	284
Total Assets	251	250	343	310	306	320	343	303	302	312	352	354	385

Cash Flows

Figures in Rs. Crores

	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
	37	31	17	21	-4	15	2	28	21	-17	21	42
	-28	-51	21	5	80	-20	-25	-7	17	-14	-19	-25
	-5	17	-39	-27	-76	15	15	-23	-15	8	6	-22
Net Cash Flow	4	-3	-1	-0	1	10	-8	-2	23	-23	7	-6

Ratios

Figures in Rs. Crores

	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	44	48	64	64	68	77	72	64	94	76	79	73
Inventory Days	150	158	155	128	138	140	167	192	152	213	175	147
Days Payable	113	124	121	99	118	120	121	120	153	129	150	132
Cash Conversion Cycle	82	82	98	93	89	97	118	136	93	159	105	88
Working Capital Days	-21	-40	-13	-17	23	13	11	8	15	8	15	22
ROCE %	-5%	6%	2%	-8%	-1%	-5%	-4%	-6%	-10%	-1%	7%	13%

Insights

In beta

Mar 2015

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Number of Manufacturing Plants
Count

x	x	x	x	x	x	x	x	x	x
xx.xx	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx
xx.xx	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx
		xx	xx	xx	xx	xx	xx	xx	xx

Please log in to see hidden values.

Production Capacity (Engine Valves)
Million Units

Sales Volume (Engine Valves)
Million Units

Capacity Utilization
%

Shareholding Pattern

Numbers in percentages

	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025
	55.12%	55.12%	55.12%	57.31%	58.32%	58.32%	58.32%	58.32%	58.32%	58.32%	58.32%	58.32%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.12%	0.08%	0.05%	0.00%
	0.63%	0.63%	0.63%	0.60%	0.55%	0.07%	0.06%	0.06%	0.40%	0.06%	0.05%	0.05%
	0.39%	0.39%	0.39%	0.37%	0.36%	0.36%	0.36%	0.36%	0.36%	0.36%	0.36%	0.36%
	43.86%	43.86%	43.86%	41.73%	40.77%	41.24%	41.25%	41.25%	40.81%	41.17%	41.20%	41.27%
No. of Shareholders	7,753	7,626	7,732	7,804	7,850	7,310	7,260	7,594	7,891	9,552	9,655	9,600

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	51.13%	51.09%	54.84%	54.84%	54.84%	54.84%	57.31%	58.32%	58.32%
	1.38%	1.32%	1.31%	1.31%	1.31%	0.63%	0.60%	0.06%	0.05%
	0.39%	0.39%	0.39%	0.39%	0.39%	0.39%	0.37%	0.36%	0.36%
	47.09%	47.20%	43.46%	43.46%	43.46%	44.13%	41.73%	41.25%	41.27%
No. of Shareholders	6,296	6,361	6,003	6,643	6,770	7,814	7,804	7,594	9,600

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

All

Annual reports

Credit ratings

Concalls

Feb 2025

Transcript

AI Summary
PPT
Nov 2024

Transcript

AI Summary
PPT
Aug 2024

Transcript

AI Summary
PPT
May 2024

Transcript

AI Summary
PPT
Feb 2024

Transcript

AI Summary
PPT
Feb 2024

Transcript

AI Summary
PPT
Nov 2023

Transcript

AI Summary
PPT
Aug 2023

Transcript

AI Summary
PPT
May 2023

Transcript

AI Summary
PPT
Oct 2022

Transcript

AI Summary
PPT
May 2022

Transcript

AI Summary
PPT
Nov 2021

Transcript

AI Summary
PPT
Aug 2021

Transcript

AI Summary
PPT
Jun 2021

Transcript

AI Summary
PPT
Feb 2021

Transcript

AI Summary
PPT
Nov 2020

Transcript

AI Summary
PPT
Aug 2020

Transcript

AI Summary
PPT
Feb 2020

Transcript

AI Summary
PPT
Nov 2019

Transcript

AI Summary
PPT
Aug 2019

Transcript

AI Summary
PPT
May 2019

Transcript

AI Summary
PPT
Feb 2019

Transcript

AI Summary
PPT
Nov 2018

Transcript

AI Summary
PPT
Aug 2018

Transcript

AI Summary
PPT
May 2018

Transcript

AI Summary
PPT
May 2018

Transcript

AI Summary
PPT
Feb 2018

Transcript

AI Summary
PPT
Feb 2018

Transcript

AI Summary
PPT
Dec 2017

Transcript

AI Summary
PPT
Aug 2017

Transcript

AI Summary
PPT
Jun 2017

Transcript

AI Summary
PPT