Rane (Madras)
Rane (Madras) Ltd valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for Rane (Madras) Ltd, framed against the sector median so the premium or discount is obvious at a glance.
Rane (Madras) Ltd trades at a P/E of 23.60× and P/B of 3.38×.
Valuation
Profitability
Growth
Financial Health
Rane (Madras) Ltd financials: P&L, balance sheet, cash flow, ratios.
Twelve years of audited numbers for Rane (Madras) Ltd, switchable between annual and quarterly views, consolidated or standalone.
Rane (Madras) Ltd reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹2,700.42 Cr and reported EPS of ₹38.85.
| Period | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 1,555 | 1,277 | 1,267 | 1,742 | 2,354 | 2,239 | 3,406 | 3,863 |
| Other Income | 10 | 14 | 7 | 6 | 18 | 5 | 16 | 16 |
| Total Income | 1,565 | 1,292 | 1,274 | 1,748 | 2,372 | 2,244 | 3,421 | 3,879 |
| Cost of Goods Sold (COGS) | 931 | 756 | 773 | 1,090 | 1,487 | 1,408 | 1,962 | 2,281 |
| Gross Profit | 624 | 522 | 494 | 652 | 868 | 831 | 1,443 | 1,582 |
| +Operating Expenses | 508 | 476 | 464 | 578 | 685 | 685 | 1,161 | 1,242 |
| EBITDA | 116 | 46 | 31 | 74 | 183 | 146 | 282 | 340 |
| +Non-Operating Expenses | 100 | 101 | 93 | 147 | 119 | 42 | 194 | 203 |
| Profit Before Tax (PBT) | 26 | -45 | -55 | 26 | 58 | -103 | 78 | 146 |
| +Tax Expense | 23 | 1 | 6 | 15 | 28 | -106 | 40 | 38 |
| Profit After Tax (PAT) | 2 | -46 | -61 | 11 | 30 | 3 | 38 | 107 |
| Earnings Per Share (EPS) | 2.02 | -36.25 | -41.97 | 6.55 | 18.46 | 1.86 | 23.15 | 38.89 |
| Diluted Shares Outstanding (Nos.) | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 3 |
| +Additional Disclosures | 2,469 | 2,070 | 2,107 | 2,865 | 3,772 | 3,660 | 5,295 | 6,004 |
| Sales Growth % | — | -17.85 | -0.76 | 37.44 | 35.16 | -4.91 | 52.11 | 13.42 |
| YoY Sales Growth % | — | -17.85 | -0.76 | 37.44 | 35.16 | -4.91 | 52.11 | 13.42 |
| Material Cost % | 60 | 58 | 61 | 65 | 64 | 63 | 57 | 56 |
| Employee Cost % | 15 | 18 | 17 | 15 | 12 | 11 | 14 | 13 |
| Other Cost % | 18 | 19 | 19 | 18 | 17 | 19 | 20 | 19 |
| OPM % | 7 | 4 | 2 | 4 | 8 | 7 | 8 | 9 |
| Tax % | 91 | -2 | -10 | 58 | 49 | 103 | 52 | 26 |
| Profit Growth % | — | -1,981.49 | -34.33 | 117.44 | 181.61 | -89.94 | 1,146.69 | 185.47 |
| Gross Margin % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA Margin % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Coverage Ratio | 0.00 | -0.00 | -0.00 | -0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Additional Fields | 50 | -20 | -35 | -7 | 86 | 55 | 150 | 193 |
Rane (Madras) segment analysis: revenue and profit mix.
Disclosed business segments at Rane (Madras) with their share of revenue and profit, switchable between consolidated and standalone reporting.
Rane (Madras) discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
Rane (Madras) Ltd investment thesis: bull case, bear case, and the flip lines.
Why someone would buy Rane (Madras) Ltd, why someone wouldn't, and the quantitative tripwires that would force the call to flip.
Rane (Madras) Ltd's investment case rests on 10 positive markers and 10 flagged concerns drawn from the latest reported filings.
What you're getting.
Strong promoter holding (70.4%) indicates management confidence and stability.
Robust quarterly profit growth (33.0%) reflects improving operational efficiency.
Healthy quarterly sales growth (7.68%) signals increasing product demand.
Exceptional TTM EPS growth (116.04%) demonstrates strong recent earnings momentum.
Strong 5-year EBITDA CAGR (43.62%) indicates operational profitability expansion.
What can break it.
Elevated P/E ratio (93.20) suggests potential overvaluation compared to earnings.
High debt-to-equity ratio (1.21) poses financial risk and limits flexibility.
Inconsistent quarterly net profits, with recent negative figures, show volatility.
Minimal institutional holding (FII 0.04%, DII 1.04%) suggests limited broader confidence.
Low Return on Equity (7.43%) indicates suboptimal shareholder capital utilization.
What would change my mind.
Trim if P/E re-rates above 31. The valuation cushion thins from there.
Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.
Watch interest coverage if debt-to-equity climbs above 100.69. Balance sheet risk re-prices growth multiples fast.
Exit if ROE slips below 10%. The operating engine is no longer compounding capital efficiently.
Rane (Madras) Ltd peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Rane (Madras) Ltd is highlighted for quick read-across.
Quick Compare
Peer Comparison
Rane (Madras) Ltd technical analysis: indicators, pivots and CPR.
Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Rane (Madras) Ltd — derived from the live tape, not yesterday's close.
Rane (Madras) Ltd last traded at ₹979.55 with an intraday range of ₹926.85–₹988 — live indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Live: ₹979.55| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 1125.05 | +145.50 | +14.85% |
| R3 | 1063.90 | +84.35 | +8.61% |
| R2 | 1025.95 | +46.40 | +4.74% |
| R1 | 1002.75 | +23.20 | +2.37% |
| PIVOT | 964.80 | -14.75 | -1.51% |
| CURRENT | 979.55 | — | — |
| S1 | 819.30 | -160.25 | -16.36% |
| S2 | 880.45 | -99.10 | -10.12% |
| S3 | 903.65 | -75.90 | -7.75% |
| S4 | 941.60 | -37.95 | -3.87% |
RML is trading Above CPR, indicating Bullishness
CPR is Wider, suggesting unlikely for trending moves
Day's range: 926.85 ~ 935
Trading Above opening range, showing Bullishness
Rane (Madras) Ltd chart patterns: breakouts, tops and bottoms.
Auto-detected classical chart patterns for Rane (Madras) Ltd — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.
Rane (Madras) Ltd delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for Rane (Madras) Ltd over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in Rane (Madras) Ltd stood at 40.5% of traded volume, against a 20-day average of 53.1%.
Rane (Madras) announcements: results, concalls, ratings, M&A.
Filings Rane (Madras) sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
Rane (Madras) files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 87 documents below.
Disclosure under SEBI Takeover Regulations
L Ganesh has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial…
Copy of Newspaper Publication
Bi-Monthly Newspaper Publication
Analysts/Institutional Investor Meet/Con. Call Updates
The Audio Recordings of the earnings Conference call is available in the investor information section of the website of the Company at the web-link…
Copy of Newspaper Publication
We hereby enclose the copies of extract of Audited (Standalone and Consolidated) financial results of the Company for the quarter and year ended…
Investor decks & rating reports.
Investor Presentation
Analysts/Institutional Investor Meet/Con. Call Updates
Investor Presentation
Analysts/Institutional Investor Meet/Con. Call Updates
Investor Presentation
Rane (Madras) insider trading: promoter and management activity.
Promoter, director and designated-employee transactions in Rane (Madras) as reported to SEBI — buying and selling signals from the people who know the business best.
Rane (Madras) insider activity below tracks 7 reported promoter, director and designated-employee transactions under SEBI Regulation 7(2).
| Insider | Category | Txn Date | Action | Quantity | Value (₹) | Price |
|---|---|---|---|---|---|---|
| Malavika Lakshman & Harish Lakshman | Insider | 23 Apr 2025 | buy | +74 | ₹68,494 | ₹925.59 |
| Rane Holdings Ltd | Insider | 23 Apr 2025 | buy | +59.58 L | ₹551.51 Cr | ₹925.60 |
| Ganesh L & Meenakshi Ganesh | Insider | 23 Apr 2025 | buy | +90 | ₹83,304 | ₹925.60 |
| Lakshman L & Pushpa Lakshman | Insider | 23 Apr 2025 | buy | +74 | ₹68,494 | ₹925.59 |
| Pushpa Lakshman & Lakshman L | Insider | 23 Apr 2025 | buy | +74 | ₹68,494 | ₹925.59 |
| Rekha Sundar | Insider | 23 Apr 2025 | buy | +20.4 K | ₹1.89 Cr | ₹925.60 |
| Nisshinbo Holdings Inc., | Insider | 23 Apr 2025 | buy | +16.75 L | ₹155.04 Cr | ₹925.60 |
Rane (Madras) dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue Rane (Madras) has declared, sequenced by announce and record date.
Rane (Madras) corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
About Rane (Madras) Ltd: business, sector, key facts.
What Rane (Madras) Ltd does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
Rane (Madras) Ltd operates in the Consumer Cyclical, listed as NSE: RML, BSE: 532661.
Rane (Madras) Ltd
Rane (Madras) Limited (RML) is a prominent player in the Indian automotive components industry, with a significant international presence. The core of RML's business is the design, manufacture, and marketing of a diverse range of auto components crucial for the smooth operation of vehicles.
Their product portfolio encompasses key systems and parts for steering and suspension, vital for vehicle control and stability. This includes steering gears, cylinders, and linkage products, all contributing to the overall driving experience and safety. Beyond these core areas, RML also produces hydraulic products and high-precision aluminum die castings, showcasing their expertise in diverse manufacturing techniques and materials.
RML's clientele consists primarily of original equipment manufacturers (OEMs) in the automotive sector. They supply their components to manufacturers of passenger cars, utility vehicles, and farm tractors, thus playing a vital role in the supply chain of various vehicle types. This broad customer base reflects the versatility and applicability of their products across different segments of the transportation industry.
The company's reach extends beyond the domestic Indian market, with a considerable portion of its production destined for export. This international presence underlines RML's competitiveness and ability to meet the demands of a global customer base, further solidifying their position in the international automotive components market.
Established in 1960 and headquartered in Chennai, India, RML operates as a subsidiary of Rane Holdings Limited. This association with a larger holding company provides access to resources and strategic advantages, allowing for continued growth and expansion within the dynamic automotive sector.
Questions investors ask about Rane (Madras) Ltd (RML).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of Rane (Madras) Ltd (RML)?
The current share price of Rane (Madras) Ltd (RML) is ₹979.55. Today, the stock has gained by ₹50.80 (5.47%), trading in a range of ₹926.85 to ₹988. The stock opened at ₹932 with a trading volume of 1,75,588 shares.
02Is Rane (Madras) Ltd stock a good investment for long-term?
Rane (Madras) Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹2,700.42 crores, P/E ratio of 23.60, ROE of 15.12%, and ROCE of 13.60%. The dividend yield stands at 1.73%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
03What is the 52-week high and low price of Rane (Madras) Ltd stock?
The 52-week high price of Rane (Madras) Ltd (RML) is ₹1,049, while the 52-week low is ₹608.5. Currently trading at ₹979.55, the stock is 84.2% away from its 52-week low and 6.6% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy Rane (Madras) Ltd stock at the current price?
Whether to buy Rane (Madras) Ltd stock at ₹979.55 depends on multiple factors. The stock is currently trading with a P/E ratio of 23.60 and P/B ratio of 3.38. Today's performance shows a gain of 5.47%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
05What is the dividend yield of Rane (Madras) Ltd and when is the next dividend?
Rane (Madras) Ltd offers a dividend yield of 1.73%, which means for every ₹100 invested at the current price of ₹979.55, you can expect to receive approximately ₹1.73 annually as dividends. The face value of the stock is ₹10.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
06What are the key financial ratios and metrics of Rane (Madras) Ltd?
Rane (Madras) Ltd's key financial metrics include: P/E Ratio: 23.60, P/B Ratio: 3.38, ROE: 15.12%, ROCE: 13.60%, Dividend Yield: 1.73%, EPS: ₹38.85, Book Value: ₹271.51, and Debt-to-Equity: 100.19. The company's market cap stands at ₹2,700.42 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is Rane (Madras) Ltd stock performing today in the market?
Rane (Madras) Ltd stock opened at ₹932 and is currently trading at ₹979.55, showing a gain of ₹50.80 (5.47%). The intraday high is ₹988 and low is ₹926.85. The trading volume stands at 1,75,588 shares, indicating moderate market participation today.
08What is the P/E ratio of Rane (Madras) Ltd and what does it indicate?
Rane (Madras) Ltd has a Price-to-Earnings (P/E) ratio of 23.60, which means investors are willing to pay ₹23.60 for every ₹1 of earnings. With an EPS of ₹38.85, this P/E ratio indicates moderate valuation in line with market standards. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about Rane (Madras) Ltd (RML) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.
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