Rane (Madras) Ltd

Rane (Madras) Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Rane (Madras) Ltd

₹ 910 0.35%
04 Jul - close price
ranegroup.com BSE: 532661 NSE: RML
About

Established in 1960, Rane (Madras) Limited (RML) is part of the Rane Group of Companies, a leading auto component group based out of
Chennai. RML has two divisions namely Steering and Linkages Division (SLD) and Light Metal Casting India Division (LMCI). Through its overseas subsidiary Rane Light Metal
Castings Inc. (RLMCA), RML manufactures high pressure light metal casting components from its facility in Kentucky, USA.[1]

Key Points

Part of Rane Group[1]
Rane (Madras) is a part of Rane group which is one of the preferred OE manufacturer and supplier for global auto majors. The Group serves a variety of industry segments: PVs, CVs, Farm Tractors, 2-wheelers, 3-wheelers, Railways and Stationary Engines. It manufactures Steering and Suspension systems, Friction materials, Valve train
components, Occupant safety systems and Light metal casting products.
Rane Holdings Ltd. holds 71.77% equity in the company.[2]

Website BSE NSE
  • Market Cap ₹ 2,518 Cr.
  • Current Price ₹ 910
  • High / Low ₹ 1,529 / 575
  • Stock P/E 57.3
  • Book Value ₹ 412
  • Dividend Yield 0.88 %
  • ROCE 13.4 %
  • ROE 9.48 %
  • Face Value ₹ 10.0
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Pros

  • Company has delivered good profit growth of 24.6% CAGR over last 5 years

Cons

  • Promoter holding has decreased over last quarter: -2.20%

* 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

Part of BSE SmallCap BSE Allcap BSE Consumer Discretionary

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
505.43 549.27 600.37 583.24 621.56 588.34 611.24 521.05 853.09 522.01 529.02 837.37 901.34
478.54 520.12 566.88 540.38 566.07 545.95 579.36 474.05 783.80 481.49 493.26 771.25 822.53
Operating Profit 26.89 29.15 33.49 42.86 55.49 42.39 31.88 47.00 69.29 40.52 35.76 66.12 78.81
OPM % 5.32% 5.31% 5.58% 7.35% 8.93% 7.21% 5.22% 9.02% 8.12% 7.76% 6.76% 7.90% 8.74%
4.82 1.09 0.27 26.86 -0.51 -17.14 -84.82 1.37 -4.17 1.45 1.57 2.20 -7.84
Interest 4.50 5.00 6.52 9.32 12.80 14.40 13.46 14.64 16.36 14.83 15.63 20.14 18.49
Depreciation 21.34 21.88 21.90 24.55 28.27 24.32 23.94 20.85 33.23 21.14 21.31 32.91 35.53
Profit before tax 5.87 3.36 5.34 35.85 13.91 -13.47 -90.34 12.88 15.53 6.00 0.39 15.27 16.95
Tax % 143.27% 197.62% 99.06% 33.86% 31.42% 7.42% -119.67% 29.43% 30.71% 43.17% 274.36% 97.45% 61.53%
-2.54 -3.28 0.05 23.71 9.54 -14.47 17.77 9.09 10.76 3.41 -0.68 0.39 6.52
EPS in Rs -1.56 -2.02 0.03 14.58 5.87 -8.90 10.93 5.59 6.62 2.10 -0.42 0.24 4.01
Raw PDF
Upcoming result date: 5 August 2025

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
876 1,195 1,400 1,555 1,277 1,267 1,742 2,354 2,239 3,406
797 1,106 1,273 1,438 1,230 1,236 1,667 2,171 2,092 3,124
Operating Profit 79 89 127 117 47 31 75 184 147 282
OPM % 9% 7% 9% 8% 4% 2% 4% 8% 7% 8%
-2 11 9 10 12 7 52 6 -101 3
Interest 19 30 34 35 38 28 21 35 57 75
Depreciation 41 57 61 66 66 66 81 97 91 132
Profit before tax 17 13 40 26 -45 -55 26 58 -103 78
Tax % 27% 66% 40% 91% 2% 10% 58% 49% -103% 52%
13 4 24 2 -46 -61 11 30 3 38
EPS in Rs 12.05 4.11 20.87 2.02 -36.26 -41.98 6.55 18.46 1.86 23.15
Dividend Payout % 37% 146% 58% 420% -0% -0% -0% -0% -0% 35%
Compounded Sales Growth
10 Years: %
5 Years: 22%
3 Years: 25%
TTM: 52%
Compounded Profit Growth
10 Years: %
5 Years: 25%
3 Years: 60%
TTM: -60%
Stock Price CAGR
10 Years: 11%
5 Years: 32%
3 Years: 39%
1 Year: 2%
Return on Equity
10 Years: %
5 Years: 8%
3 Years: 20%
Last Year: 9%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 11 11 12 12 13 15 16 16 16 16
Reserves 140 147 218 218 171 167 212 225 240 655
338 362 357 417 470 470 585 668 728 813
212 267 315 290 268 380 417 439 385 785
Total Liabilities 701 787 902 937 922 1,032 1,230 1,349 1,369 2,269
361 365 386 386 382 415 477 490 453 693
CWIP 7 28 16 16 50 31 18 29 27 73
Investments -0 -0 -0 1 1 1 1 1 2 7
333 394 499 535 489 586 733 829 887 1,496
Total Assets 701 787 902 937 922 1,032 1,230 1,349 1,369 2,269

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
31 88 65 45 69 46 -6 88 120 316
-74 -77 -78 -60 -103 -80 -124 -106 -110 -147
43 -7 14 26 34 21 134 35 -14 -176
Net Cash Flow -0 4 1 11 0 -13 5 17 -4 -7

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 67 57 64 58 55 78 74 65 55 76
Inventory Days 75 76 73 71 80 81 76 67 67 81
Days Payable 117 118 123 89 97 150 115 91 80 93
Cash Conversion Cycle 25 15 14 39 38 9 35 41 43 64
Working Capital Days 24 22 33 36 20 36 52 50 49 53
ROCE % 9% 13% 10% -1% -4% -0% 12% 6% 13%

Shareholding Pattern

Numbers in percentages

4 Recently
Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Apr 2025
72.65% 72.65% 72.65% 72.65% 72.65% 72.65% 72.65% 72.65% 72.65% 72.65% 72.65% 70.45%
0.03% 0.00% 0.12% 0.00% 0.01% 0.00% 0.01% 0.01% 0.21% 0.08% 0.09% 0.01%
0.00% 0.00% 0.00% 0.11% 0.50% 0.63% 0.47% 0.00% 0.13% 0.13% 0.12% 1.04%
27.33% 27.35% 27.24% 27.25% 26.86% 26.73% 26.88% 27.35% 27.01% 27.15% 27.15% 28.50%
No. of Shareholders 16,68917,01015,83014,28714,59413,33113,43212,83013,34513,54713,57234,500

* 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.

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Documents

Announcements

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Concalls

  • Jun 2025
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