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Overview

Detailed Summary
  • Key insightKey insight

    Rane (Madras) Limited manufactures safety‑critical automotive components including steering and suspension systems, brake components, engine valves and light metal castings, while also operating an aftermarket business; the company runs 17 manufacturing plants across India and Mexico, serves 30+ countries and reported FY25 consolidated revenue of ₹3,421 crore with roughly 26% from international markets.

  • Key insightKey insight

    Q3 FY26 consolidated performance showed revenue of Rs.1,019.1 crore, up 21.3% YoY, with EBITDA rising to Rs.94.8 crore (▲36.8% YoY) and margins improving to 9.3% (▲106 bps); PAT was Rs.30.5 crore, benefitting from operational improvement and a prior year tax credit adjustment that depressed comparatives.

  • Key insightKey insight

    Steering & Linkages is the largest business, contributing 47% of Q3 sales, while India OEM accounts for 56% of revenue and passenger vehicles represent 52% of segment exposure; aftermarket sales surged following a business restructure, and management highlighted order wins of ~Rs.115 crore supporting medium‑term volume visibility across domestic and international customers.

  • Key insightKey insight

    Rane emphasises manufacturing excellence and product development via state‑of‑the‑art R&D centres, TQM and continuous improvement initiatives, evidenced by awards from TIEI, CII and IMEXI; this operational focus supports complex programs such as EPAS housings and high‑pressure die‑casting for global OEMs and tier‑1 export customers.

Sector

Auto Components

Industry

Auto Components & Equipments

Market Cap

2,449 Cr

Volatility

Moderate Risk

P/E Ratio

22.8

Industry P/E

34.6

PEG Ratio

2.1

P/B Ratio

3.3

52W High

1,054.55

52W Low

612.50

Financial Ratios

Sales CAGR

1Y
-1.46%
3Y
29.87%
5Y
25.35%
10Y
15.31%

Profit CAGR

1Y
-31.25%
3Y
10.66%
5Y
10Y
15.01%

ROE

TTM
14.32%
3Y
-0.64%
5Y
-1.07%
10Y
2.15%

ROCE

TTM
13.60%
3Y
5.46%
5Y
5.39%
10Y
8.90%

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