Rane Holdings Ltd
- Market Cap ₹ 1,727 Cr.
- Current Price ₹ 1,209
- High / Low ₹ 1,385 / 873
- Stock P/E 13.3
- Book Value ₹ 592
- Dividend Yield 1.41 %
- ROCE 11.1 %
- ROE 8.79 %
- Face Value ₹ 10.0
Pros
- Company has been maintaining a healthy dividend payout of 36.7%
Cons
- Company has a low return on equity of 0.45% over last 3 years.
* 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
Sector: Finance Industry: Finance & Investments
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,835 | 1,938 | 1,928 | 2,211 | 2,407 | 2,258 | 2,345 | 2,553 | 2,159 | 2,038 | 2,695 | 3,511 | 3,597 | |
1,608 | 1,765 | 1,729 | 1,988 | 2,174 | 2,023 | 2,101 | 2,318 | 2,013 | 1,951 | 2,519 | 3,190 | 3,298 | |
Operating Profit | 227 | 173 | 198 | 223 | 233 | 235 | 244 | 236 | 146 | 87 | 176 | 321 | 299 |
OPM % | 12% | 9% | 10% | 10% | 10% | 10% | 10% | 9% | 7% | 4% | 7% | 9% | 8% |
20 | 22 | -34 | 62 | 36 | 176 | 155 | 136 | 23 | 41 | 61 | 9 | -52 | |
Interest | 38 | 40 | 43 | 47 | 45 | 44 | 46 | 50 | 51 | 40 | 34 | 50 | 71 |
Depreciation | 67 | 79 | 84 | 106 | 114 | 106 | 118 | 126 | 128 | 120 | 129 | 142 | 142 |
Profit before tax | 142 | 77 | 38 | 133 | 109 | 261 | 235 | 195 | -10 | -31 | 74 | 138 | 34 |
Tax % | 28% | 36% | -20% | 28% | 29% | 30% | 37% | 41% | -5% | -93% | 52% | 37% | |
103 | 49 | 47 | 97 | 79 | 182 | 149 | 116 | -10 | -60 | 35 | 87 | 103 | |
EPS in Rs | 50.23 | 26.88 | 30.42 | 49.69 | 45.90 | 93.41 | 91.25 | 72.65 | -1.91 | -35.42 | 16.91 | 43.61 | 51.49 |
Dividend Payout % | 20% | 30% | 21% | 15% | 22% | 9% | 16% | 26% | -420% | 0% | 71% | 39% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | 8% |
3 Years: | 18% |
TTM: | 7% |
Compounded Profit Growth | |
---|---|
10 Years: | 6% |
5 Years: | -11% |
3 Years: | 179% |
TTM: | 82% |
Stock Price CAGR | |
---|---|
10 Years: | 19% |
5 Years: | -3% |
3 Years: | 29% |
1 Year: | 30% |
Return on Equity | |
---|---|
10 Years: | 7% |
5 Years: | 3% |
3 Years: | 0% |
Last Year: | 9% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 |
Reserves | 413 | 437 | 464 | 530 | 576 | 699 | 790 | 851 | 808 | 750 | 762 | 794 | 830 |
373 | 385 | 429 | 470 | 596 | 459 | 501 | 577 | 633 | 661 | 788 | 866 | 832 | |
535 | 535 | 532 | 636 | 703 | 670 | 773 | 778 | 708 | 845 | 896 | 914 | 917 | |
Total Liabilities | 1,336 | 1,371 | 1,439 | 1,649 | 1,889 | 1,842 | 2,078 | 2,221 | 2,163 | 2,271 | 2,460 | 2,588 | 2,594 |
661 | 707 | 745 | 809 | 980 | 780 | 805 | 798 | 806 | 801 | 843 | 866 | 736 | |
CWIP | 37 | 41 | 30 | 55 | 21 | 32 | 28 | 33 | 52 | 34 | 28 | 38 | 37 |
Investments | 22 | 17 | 26 | 32 | 28 | 307 | 347 | 387 | 369 | 379 | 353 | 345 | 344 |
616 | 606 | 638 | 753 | 860 | 722 | 897 | 1,003 | 937 | 1,056 | 1,236 | 1,339 | 1,477 | |
Total Assets | 1,336 | 1,371 | 1,439 | 1,649 | 1,889 | 1,842 | 2,078 | 2,221 | 2,163 | 2,271 | 2,460 | 2,588 | 2,594 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
159 | 208 | 128 | 198 | 174 | 160 | 132 | 110 | 180 | 132 | 15 | 186 | |
-120 | -121 | -111 | -120 | -157 | -26 | -66 | -87 | -124 | -96 | -114 | -152 | |
-35 | -84 | -17 | -80 | -20 | -129 | -50 | -16 | -33 | -36 | 65 | -14 | |
Net Cash Flow | 4 | 3 | 0 | -2 | -3 | 5 | 16 | 7 | 24 | 0 | -34 | 20 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 58 | 51 | 58 | 59 | 65 | 58 | 71 | 69 | 61 | 87 | 78 | 67 |
Inventory Days | 69 | 65 | 67 | 70 | 71 | 76 | 76 | 82 | 104 | 99 | 100 | 85 |
Days Payable | 88 | 83 | 89 | 88 | 101 | 115 | 122 | 103 | 116 | 163 | 125 | 94 |
Cash Conversion Cycle | 39 | 34 | 35 | 40 | 35 | 18 | 25 | 47 | 49 | 23 | 53 | 57 |
Working Capital Days | 26 | 26 | 21 | 25 | 30 | 27 | 37 | 42 | 49 | 47 | 60 | 57 |
ROCE % | 19% | 12% | 13% | 12% | 11% | 17% | 18% | 16% | 3% | -1% | 4% | 11% |
Documents
Announcements
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 1d
-
Compliances - Compliance Certificate For The Period Ended March 2024.
9 Apr - Company''S Listing Agreement SEBI (LODR) Regulations, 2015, we hereby certify that:- All activities in relation to share Transfer Agents to the Company, registered with the …
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Apr - Copy of the certificate dated April 02, 2024 received from M/s. Integrated Registry Management Services Private Limited for the quarter ended March 31, 2024.
- Closure of Trading Window 29 Mar
- Board Meeting Intimation for Consider And Approve The Audited Financial Results (Standalone & Consolidated) For The Quarter And Year Ending March 31, 2024. 29 Mar
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
-
Financial Year 2010
from nse
Concalls
-
Feb 2024TranscriptNotesPPT
-
Feb 2024TranscriptNotesPPT
-
Nov 2023TranscriptNotesPPT
-
Aug 2023TranscriptNotesPPT
-
May 2023Transcript PPT
-
Oct 2022TranscriptNotesPPT
-
May 2022TranscriptNotesPPT
-
Nov 2021TranscriptNotesPPT
-
Aug 2021TranscriptNotesPPT
-
Jun 2021TranscriptNotesPPT
-
Feb 2021TranscriptNotesPPT
-
Nov 2020TranscriptNotesPPT
-
Aug 2020Transcript PPT
-
Feb 2020TranscriptNotesPPT
-
Nov 2019TranscriptNotesPPT
-
Aug 2019TranscriptNotesPPT
-
May 2019TranscriptNotesPPT
-
Feb 2019TranscriptNotesPPT
-
Nov 2018TranscriptNotesPPT
-
Aug 2018TranscriptNotesPPT
-
May 2018TranscriptNotesPPT
-
May 2018TranscriptNotesPPT
-
Feb 2018TranscriptNotesPPT
-
Feb 2018TranscriptNotesPPT
-
Dec 2017TranscriptNotesPPT
-
Aug 2017TranscriptNotesPPT
-
Jun 2017TranscriptNotesPPT
Major Investments
Rane (Madras) Limited (RML) - 256 Cr. (~71.7% stake) - Steering gear products, steering and suspension linkages, Light metal casting products, and other articles of aluminium.
Rane Engine Valve Limited (REVL) - 105 Cr. (~57.3% stake) - Engine valves, valve guides and tappets.
Rane Brake Lining Limited (RBL) - 30 Cr. (50% stake) - Brake linings, disc pads, clutch facing, and clutch button. [1] [2]