Equities

Rane (Madras) Ltd

Rane (Madras) Ltd

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Consumer DiscretionaryAutomobiles and Parts
  • Price (INR)894.95
  • Today's Change-4.25 / -0.47%
  • Shares traded1.68k
  • 1 Year change+26.60%
  • Beta1.3359
Data delayed at least 15 minutes, as of Jul 04 2024 05:14 BST.
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About the company

Rane (Madras) Limited is a manufacturer and supplier for global automotive companies. It manufactures steering and suspension systems, friction materials, valve train components, occupant safety systems, light metal casting products and provides connected mobility solutions. It has two divisions, namely Steering and Linkages Division (SLD) and Light Metal Casting India Division (LMCI). SLD manufactures mechanical steering gears, hydrostatic steering systems and steering and suspension linkage products. LMCI manufactures low porosity, light metal casting, such as steering housings and engine case covers. It manufactures high pressure light metal casting components from its facility in Kentucky, United States. Its products serve a variety of industry segments, including passenger vehicles, commercial vehicles, farm tractors, two-wheelers, three-wheelers, railways, and stationary engines. It has manufacturing facilities at Tamil Nadu, Puducherry, Karnataka, Uttarakhand, and Telangana.

  • Revenue in INR (TTM)22.39bn
  • Net income in INR30.20m
  • Incorporated2004
  • Employees1.17k
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
RML:NSI since
announced
Transaction
value
Rane Brake Lining LtdAnnounced09 Feb 202409 Feb 2024Announced24.13%35.31m
Rane Engine Valves LtdAnnounced09 Feb 202409 Feb 2024Announced24.13%11.82m
Data delayed at least 15 minutes, as of Jul 04 2024 05:14 BST.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
NDR Auto Components Ltd6.02bn387.13m10.68bn148.0027.604.2119.971.7832.5432.54505.64213.191.6313.4810.18--10.46--14.60--22.60--6.44--1.21--0.1095--53.16--37.73------
Jay Bharat Maruti Ltd22.92bn322.12m11.84bn1.04k36.732.2010.160.51642.982.98211.7349.761.617.5922.14--2.262.373.943.8222.1919.431.411.550.24232.140.449718.78-2.222.83-15.02-9.15-5.496.96
India Motor Parts & Accessories Ltd7.41bn739.10m14.19bn854.0019.190.685318.891.9159.2259.22593.861,658.790.38887.827.85--3.884.294.034.5215.8516.249.979.842.752,786.500.00--2.107.17-1.6212.34-1.17--
Rane (Madras) Ltd22.39bn30.20m14.63bn1.17k488.365.7215.560.65361.841.841,377.92157.371.655.695.90--0.2222-1.110.5608-2.6937.1134.980.1349-0.70890.56330.97370.74---4.917.57-89.944.5317.47--
Igarashi Motors India Ltd.7.25bn95.73m15.50bn669.00162.373.4726.432.143.033.03229.45142.010.96684.353.79--1.282.051.912.9333.3933.321.322.380.94581.900.23620.6810.483.6582.77-30.11-7.87-27.23
Automotive Stampings and Assemblies Ltd8.80bn201.70m16.32bn546.0080.89--44.721.8512.7212.72554.88-4.653.4511.6015.0916,123,200.007.903.3162.17--22.4720.372.291.130.40782.271.08--6.2912.82142.27---3.37--
GNA Axles Ltd15.06bn999.28m17.43bn1.42k17.452.1811.381.1623.2823.28350.84186.691.265.182.66--8.378.8612.6913.8733.6930.416.637.181.6512.460.2103---4.8410.17-23.238.710.00117.78
Rico Auto Industries Ltd21.60bn379.60m18.66bn2.44k48.232.5911.850.86412.862.86161.5253.221.135.335.93--2.031.343.542.4030.0030.301.801.230.52011.760.487827.60-6.209.17-21.74-5.37-4.05-5.59
Precision Camshafts Ltd10.31bn403.53m18.72bn1.32k46.372.5015.351.824.254.25108.3178.790.95742.205.40--3.753.005.274.1160.7853.493.913.541.982.230.128328.17-4.548.20-12.8226.11-2.500.00
India Nippon Electricals Ltd7.24bn593.00m18.76bn664.0031.653.0125.222.5926.2126.21320.01275.510.93148.445.54--7.637.989.399.8027.0127.538.198.662.11131.540.0047--10.346.6322.950.25729.06--
Data as of Jul 04 2024. Currency figures normalised to Rane (Madras) Ltd's reporting currency: Indian Rupee INR

Institutional shareholders

0.00%Per cent of shares held by top holders
HolderShares% Held
quant Money Managers Ltd.as of 31 May 20240.000.00%
Data from 31 May 2024 - 31 May 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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