Rane Holdings Ltd
- Market Cap ₹ 2,172 Cr.
- Current Price ₹ 1,521
- High / Low ₹ 2,576 / 1,130
- Stock P/E 31.9
- Book Value ₹ 431
- Dividend Yield 2.50 %
- ROCE 12.9 %
- ROE 11.4 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 59.6%
Cons
- Stock is trading at 3.53 times its book value
- The company has delivered a poor sales growth of 7.56% over past five years.
- Tax rate seems low
- Company has a low return on equity of 11.6% over last 3 years.
- Working capital days have increased from 47.1 days to 110 days
* 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
Financial Services Financial Services Finance Holding Company
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
53 | 60 | 76 | 99 | 97 | 128 | 98 | 66 | 109 | 118 | 149 | 141 | |
24 | 26 | 30 | 31 | 35 | 38 | 35 | 29 | 35 | 46 | 52 | 57 | |
Operating Profit | 29 | 34 | 46 | 67 | 62 | 91 | 62 | 37 | 74 | 72 | 98 | 84 |
OPM % | 54% | 57% | 61% | 68% | 64% | 71% | 64% | 56% | 68% | 61% | 65% | 60% |
0 | 0 | 0 | -0 | 0 | 0 | 0 | -15 | -18 | -3 | -2 | 3 | |
Interest | 0 | 0 | 2 | 3 | 2 | 2 | 2 | 3 | 6 | 6 | 5 | 2 |
Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 3 | 4 | 5 | 6 |
Profit before tax | 28 | 33 | 43 | 63 | 59 | 87 | 57 | 15 | 48 | 59 | 86 | 79 |
Tax % | 22% | 21% | 17% | 21% | 17% | 13% | 11% | 91% | 29% | 18% | 15% | 14% |
22 | 26 | 36 | 50 | 49 | 76 | 51 | 1 | 34 | 48 | 73 | 68 | |
EPS in Rs | 15.22 | 18.15 | 24.97 | 34.88 | 34.17 | 53.48 | 35.59 | 0.95 | 23.73 | 33.83 | 51.17 | 47.70 |
Dividend Payout % | 43% | 41% | 40% | 24% | 42% | 36% | 22% | 0% | 51% | 50% | 49% | 80% |
Compounded Sales Growth | |
---|---|
10 Years: | 9% |
5 Years: | 8% |
3 Years: | 9% |
TTM: | -6% |
Compounded Profit Growth | |
---|---|
10 Years: | 10% |
5 Years: | 6% |
3 Years: | 13% |
TTM: | -9% |
Stock Price CAGR | |
---|---|
10 Years: | 10% |
5 Years: | 30% |
3 Years: | 37% |
1 Year: | 20% |
Return on Equity | |
---|---|
10 Years: | 12% |
5 Years: | 10% |
3 Years: | 12% |
Last Year: | 11% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 |
Reserves | 255 | 269 | 289 | 335 | 367 | 417 | 445 | 454 | 491 | 522 | 564 | 601 |
0 | 0 | 27 | 15 | 28 | 19 | 33 | 78 | 70 | 58 | 2 | 61 | |
18 | 19 | 8 | 7 | 7 | 11 | 10 | 15 | 16 | 17 | 16 | 18 | |
Total Liabilities | 287 | 302 | 338 | 372 | 417 | 461 | 502 | 562 | 591 | 612 | 596 | 694 |
52 | 51 | 90 | 89 | 88 | 88 | 105 | 103 | 102 | 106 | 67 | 65 | |
CWIP | 0 | 0 | 0 | 2 | 4 | 10 | 0 | 0 | 1 | 0 | 0 | 0 |
Investments | 216 | 235 | 231 | 252 | 302 | 337 | 373 | 434 | 475 | 479 | 495 | 598 |
20 | 16 | 16 | 29 | 23 | 27 | 24 | 24 | 13 | 27 | 34 | 31 | |
Total Assets | 287 | 302 | 338 | 372 | 417 | 461 | 502 | 562 | 591 | 612 | 596 | 694 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
22 | 22 | 38 | 25 | 45 | 69 | 54 | 27 | 47 | 54 | 83 | 78 | |
-5 | -8 | -37 | -2 | -42 | -30 | -40 | -62 | -33 | -15 | 4 | -100 | |
-11 | -10 | -3 | -20 | -6 | -40 | -13 | 34 | -14 | -37 | -86 | 21 | |
Net Cash Flow | 7 | 3 | -3 | 2 | -3 | -0 | 1 | -1 | -0 | 2 | 1 | -1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 7 | 23 | 18 | 22 | 45 | 34 | 35 | 65 | 16 | 32 | 26 | 28 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 7 | 23 | 18 | 22 | 45 | 34 | 35 | 65 | 16 | 32 | 26 | 28 |
Working Capital Days | -96 | -68 | -30 | -19 | -9 | -6 | 24 | 58 | -6 | 22 | 9 | 110 |
ROCE % | 11% | 12% | 15% | 19% | 16% | 21% | 13% | 6% | 13% | 12% | 16% | 13% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
6 Jun - Audio recording of June 6, 2025 earnings call available on company website.
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Announcement under Regulation 30 (LODR)-Investor Presentation
4 Jun - Copy of the earnings presentation. This is also being made available on the investor section of the website of the Company at the weblink: https://ranegroup.com/investors/rane-holdings-limited/.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 2 Jun
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Announcement under Regulation 30 (LODR)-Newspaper Publication
31 May - Copies of extract of Audited Consolidated Financial Results of the Company for the quarter and year ended March 31, 2025 published on May 31, 2025 …
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
30 May - Earnings call scheduled for June 6, 2025, to discuss FY25 audited financial results.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from nse
Concalls
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Jun 2025TranscriptNotesPPT
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Feb 2025TranscriptNotesPPT
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Nov 2024TranscriptNotesPPT
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Aug 2024TranscriptNotesPPT
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May 2024Transcript PPT
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Feb 2024Transcript PPT
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Feb 2024TranscriptNotesPPT
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Nov 2023Transcript PPT
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Aug 2023TranscriptNotesPPT
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May 2023Transcript PPT
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Oct 2022TranscriptNotesPPT
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May 2022TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
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Aug 2021TranscriptNotesPPT
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Jun 2021TranscriptNotesPPT
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Feb 2021TranscriptNotesPPT
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Nov 2020TranscriptNotesPPT
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Aug 2020Transcript PPT
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Feb 2020TranscriptNotesPPT
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Nov 2019TranscriptNotesPPT
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Aug 2019TranscriptNotesPPT
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May 2019TranscriptNotesPPT
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Feb 2019TranscriptNotesPPT
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Nov 2018TranscriptNotesPPT
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Aug 2018TranscriptNotesPPT
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May 2018TranscriptNotesPPT
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May 2018TranscriptNotesPPT
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Feb 2018TranscriptNotesPPT
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Feb 2018TranscriptNotesPPT
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Dec 2017TranscriptNotesPPT
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Aug 2017TranscriptNotesPPT
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Jun 2017TranscriptNotesPPT
Group Structure[1]
Subsidiaries
1 Rane (Madras) Ltd. (RML) - 71.77% - Manual Steering Gears, Steering Linkages, Suspension
Components, Light Metal Casting Products.
2 Rane Engine Valve Ltd. (REVL) - 58.29% - Engine Valves, Valve Guides
3 Rane Brake Lining Ltd. (RBL) - 50.03% - Brake Linings and Disc Pads.
JV/Associate
1 ZF Rane Automotive India Pvt. Ltd. - 49% - Hydraulic Power Steering systems, Steering Wheel, Seat Belts, Airbags.
2 Rane NSK Steering Systems Pvt. Ltd. - 49% - Electric Power Steering Systems, Manual Steering Column, Steering Shafts