Rane Holdings Q1 FY27: Revenue grows 19 percent, margins soften

Consolidated revenue was Rs 1,596.9 Cr, EBITDA was Rs 117.1 Cr (7.3% margin) and PAT was Rs 48.3 Cr (3.0% margin) for Q1 FY27.

Revenue grew 18.7% YoY, EBITDA grew 9.8% YoY, EBITDA margin declined by 59 bps YoY to 7.3%, and PAT fell 16.0% YoY to Rs 48.3 Cr.

FY26 product mix was 60% steering and suspension components, 20% occupant safety products, 9% brake components, 7% engine components, 3% light metal castings and 1% others.

FY26 revenue by market was 72% India OEM and OEs, 20% international OEM and aftermarket, and 8% India aftermarket.

The company reported new business wins with lifetime value of Rs 4,320 Cr across 34 new programs, with exports contributing 37% of wins.

RHL holds 63.80% in Rane (Madras) Limited and 100% in Rane Steering Systems Pvt. Ltd., and 49% each in ZF Rane Automotive India Pvt. Ltd. and ZF Lifetec Rane Automotive India Pvt. Ltd.