Rane (Madras)

Why is Rane (Madras) Ltd falling/rising?

As of 04-Aug, Rane (Madras) Ltd's stock price is at 1,171.75, down 3.25% after a trend reversal. Despite strong long-term performance, recent declines and high debt levels have raised investor concerns, contributing to cautious market sentiment.

As of 04-Aug, Rane (Madras) Ltd's stock price is falling, currently at 1,171.75, reflecting a decrease of 39.3 points or 3.25%. This decline follows a trend reversal after three consecutive days of gains. The stock has underperformed its sector by 3.04% today and reached an intraday low of Rs 1167.45, which is a 3.6% drop.<BR><BR>Despite a strong long-term performance, with a year-to-date increase of 47.99% and a one-year return of 38.65%, the stock's recent performance has been less favorable. Over the past month, it has decreased by 2.61%, contrasting with the Sensex's increase of 0.86% during the same period. The stock's moving averages indicate that while it is above the 5-day, 50-day, 100-day, and 200-day averages, it is below the 20-day moving average, suggesting a short-term weakness.<BR><BR>Additionally, the company's high Debt to EBITDA ratio of 2.21 times raises concerns about its ability to service debt, which may contribute to investor apprehension. Although there has been a rise in investor participation, with delivery volume increasing by 61.32% against the 5-day average, the overall market sentiment appears to be cautious, leading to the stock's current downward movement.

Which are the latest news on Rane (Madras)?

How big is Rane (Madras)?

As of 10th June, Rane (Madras) Ltd has a market capitalization of 2,539.00 Cr, with recent net sales totaling 3,862.93 Cr and a net profit of 107.48 Cr over the last four quarters.

As of 10th June, <BR><BR>Market Cap: Rane (Madras) Ltd has a market capitalization of 2,539.00 Cr, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 3,862.93 Cr, while the sum of Net Profit for the same period is 107.48 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the latest annual data is March 2025. Shareholder's Funds stand at 670.89 Cr, and Total Assets are valued at 2,169.64 Cr.

Who are in the management team of Rane (Madras)?

The management team of Rane (Madras) includes L Ganesh (Chairman), Harish Lakshman (Vice Chairman), S Subha Shree (Company Secretary), and several independent directors: Pradip Kumar Bishnoi, N Ramesh Rajan, and Vasudha Sundararaman, along with Vikram Taranath Hosangady (Director).

The management team of Rane (Madras) includes the following individuals:<BR><BR>1. **L Ganesh** - Chairman (Non-Executive)<BR>2. **Harish Lakshman** - Vice Chairman<BR>3. **S Subha Shree** - Company Secretary & Compliance Officer<BR>4. **Pradip Kumar Bishnoi** - Non-Executive & Independent Director<BR>5. **N Ramesh Rajan** - Independent Director<BR>6. **Vasudha Sundararaman** - Independent Director<BR>7. **Vikram Taranath Hosangady** - Director<BR><BR>If you have any more questions about the company or its operations, feel free to ask!

Who are the peers of the Rane (Madras)?

Rane (Madras) peers include JTEKT India, Uniparts India, Carraro India, and others. Rane (Madras) has average management risk, excellent growth, and a 1-year return of -2.31%, better than Sundaram Clayton but worse than Uniparts India.

Peers: The peers of Rane (Madras) are JTEKT India, Uniparts India, Carraro India, Sundaram Clayton, Automotive Axles, Divgi Torq, Federal-Mogul Go, Rajratan Global, and Talbros Auto.<BR><BR>Quality Snapshot: Excellent management risk is observed at JTEKT India and Automotive Axles, while Good management risk is found at Carraro India and Rajratan Global. Average management risk is present at Uniparts India, Rane (Madras), Divgi Torq, Federal-Mogul Go, Talbros Auto, and MM Forgings. Growth is Excellent at Rane (Madras), Good at JTEKT India, Carraro India, Automotive Axles, and Sundaram Clayton, while Average growth is seen at MM Forgings, and Below Average growth is noted at Uniparts India, Divgi Torq, Rajratan Global, and Talbros Auto. Capital Structure is Excellent at JTEKT India, Automotive Axles, and Divgi Torq, Good at Carraro India and Rajratan Global, while Below Average is seen at Rane (Madras) and Sundaram Clayton, and Average at MM Forgings.<BR><BR>Return Snapshot: Uniparts India has the highest 1-year return at 61.03%, while Sundaram Clayton has the lowest at -41.87%. Rane (Madras) has a 1-year return of -2.31%, which is better than Sundaram Clayton but worse than Uniparts India. Additionally, the six-month return is negative for JTEKT India, Carraro India, Automotive Axles, Federal-Mogul Go, and Sundaram Clayton.

What does Rane (Madras) do?

Rane (Madras) Ltd is a small-cap company in the auto components industry, reporting net sales of ₹1,048 Cr and a net profit of ₹37 Cr for the quarter ending March 2026. Key metrics include a P/E ratio of 23.00, a dividend yield of 0.86%, and a market cap of ₹2,539 Cr.

Overview:<BR>Rane (Madras) Ltd operates in the auto components and equipment industry and is categorized as a small-cap company.<BR><BR>History:<BR>The company was incorporated on March 31, 2004, originally as Rane Holdings Ltd, and later changed its name to Rane (Madras) Manufacturing Ltd on February 22, 2005. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 1,048 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 37 Cr (Quarterly Results - Mar 2026)<BR>- Market cap: INR 2,539 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: 23.00<BR>- Industry P/E: 36<BR>- Dividend Yield: 0.86%<BR>- Debt Equity: 0.94<BR>- Return on Equity: 14.66%<BR>- Price to Book: 3.41<BR><BR>Contact Details:<BR>Address: MAITHRI, 132 Cathedral Road Chennai Tamil Nadu : 600086<BR>Tel: 91-44-28112472/73<BR>Email: investorservices@ranegroup.com<BR>Website: http://www.ranegroup.com

Should I buy, sell or hold Rane (Madras) Ltd?

Are Rane (Madras) Ltd latest results good or bad?

Rane (Madras) Ltd's latest Q4 FY26 results are strong, with a net profit of ₹36.96 crores, up 466.87% year-on-year, and revenue growth of 16.26% to ₹1,047.87 crores. The positive market response, reflected in a 6.05% stock price increase, indicates a solid growth trajectory for the company.

Rane (Madras) Ltd's latest results for Q4 FY26 are quite impressive and indicate a strong turnaround compared to the previous year. The company reported a net profit of ₹36.96 crores, which is a remarkable increase of 466.87% year-on-year. Additionally, revenue reached ₹1,047.87 crores, reflecting a 16.26% growth from the same quarter last year.<BR><BR>The operating margin also improved to 9.12%, up from 8.74% in Q4 FY25, indicating enhanced operational efficiency. This quarter's results show a sequential profit increase of 21.10% from ₹30.52 crores in Q3 FY26, demonstrating sustained momentum.<BR><BR>The market responded positively to these results, with a 6.05% surge in the stock price following the announcement. Overall, Rane (Madras) appears to be on a solid growth trajectory, showcasing significant improvements in profitability and operational metrics, which bodes well for its future prospects.

Is Rane (Madras) technically bullish or bearish?

As of November 17, 2025, the market trend is mildly bearish, indicated by weekly MACD and KST signals, despite some daily bullishness, with the stock underperforming the Sensex year-to-date.

As of 17 November 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, primarily driven by the weekly MACD and KST indicators, both indicating bearish conditions. The monthly MACD and Bollinger Bands also reflect a mildly bearish outlook. While daily moving averages show a mildly bullish signal, the overall trend is influenced by the lack of strong bullish signals in the RSI and Dow Theory, which indicates no trend on the weekly timeframe. The stock's recent performance relative to the Sensex further supports the bearish sentiment, with a year-to-date return of -6.13% compared to the Sensex's 8.72%.

How has been the historical performance of Rane (Madras)?

Rane (Madras) showed mixed historical performance, with net sales increasing to 3,405.75 Cr in March 2025 from 2,354.44 Cr in March 2023, and operating profit rising to 297.75 Cr, but profit after tax decreased to 37.65 Cr. The company improved cash flow from operations to 315.00 Cr, despite facing challenges in net profit and cash management.

Answer:<BR>The historical performance of Rane (Madras) shows significant fluctuations in key financial metrics over the years leading up to March 2025.<BR><BR>Breakdown:<BR>Rane (Madras) reported net sales of 3,405.75 Cr in March 2025, a slight decrease from 3,462.73 Cr in March 2024, but a substantial increase from 2,354.44 Cr in March 2023. The total operating income mirrored this trend, reaching 3,405.75 Cr in March 2025. The company faced raw material costs of 1,940.80 Cr in March 2025, down from 2,006.31 Cr in March 2024, while total expenditure (excluding depreciation) was 3,123.67 Cr. Operating profit (PBDIT) increased to 297.75 Cr in March 2025 from 278.53 Cr in March 2024, indicating improved operational efficiency. However, profit before tax showed a recovery to 77.90 Cr in March 2025, compared to a loss of 32.40 Cr in March 2024. The profit after tax was 37.65 Cr in March 2025, down from 54.76 Cr in March 2024. The company's total assets grew to 2,169.64 Cr in March 2025 from 1,980.99 Cr in March 2024, while total liabilities also increased to 2,169.64 Cr from 1,980.99 Cr. Cash flow from operating activities improved significantly to 315.00 Cr in March 2025, up from 191.00 Cr in March 2024, although the net cash outflow was recorded at -7.00 Cr in March 2025. Overall, Rane (Madras) demonstrated a mixed performance with growth in sales and operating profit, but challenges in net profit and cash flow management.

Is Rane (Madras) overvalued or undervalued?

As of November 6, 2025, Rane (Madras) is considered undervalued with a PE ratio of 43.88 and a lower PEG ratio of 0.00 compared to peers, indicating better value relative to earnings growth potential despite recent underperformance against the Sensex.

As of 6 November 2025, Rane (Madras) has moved from a fair to an attractive valuation grade. The company is currently considered undervalued, particularly given its PE ratio of 43.88, a Price to Book Value of 0.34, and an EV to EBITDA of 30.71. These ratios suggest that the stock may be trading at a discount compared to its intrinsic value.<BR><BR>In comparison with peers, Rane (Madras) has a lower PEG ratio of 0.00, while Bosch, which is rated fair, has a PE of 49.21, and Samvardhana Motherson, also attractive, has a PE of 32.14. This indicates that Rane (Madras) may offer better value relative to its earnings growth potential compared to its peers. Additionally, while the stock has underperformed the Sensex over the past year, its strong performance over the last three and five years highlights its potential for long-term growth.

Who are the top shareholders of the Rane (Madras)?

The top shareholders of Rane (Madras) include Rane Holdings Ltd with 63.8%, individual investors with 23.93%, mutual funds at 0.07%, and foreign institutional investors at 0.01%. There are no pledged promoter holdings.

The top shareholders of Rane (Madras) primarily include the promoters, with Rane Holdings Ltd holding the largest share at 63.8%. Individual investors collectively own 23.93% of the company. Additionally, there are some holdings by mutual funds, which account for 0.07%, and a small presence of foreign institutional investors (FIIs) with 0.01%. Notably, there are no pledged promoter holdings.

When is the next results date for Rane (Madras)?

No Upcoming Board Meetings

Has Rane (Madras) declared dividend?

Yes, Rane (Madras) Ltd has declared a dividend of 45% (₹4.5 per share) with an ex-date of July 16, 2019. However, the dividend yield is 0%, and while there have been significant price returns over various periods, no dividends have been paid recently.

Rane (Madras) Ltd has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 45%<BR>- Amount per share: 4.5<BR>- Ex-date: 16 Jul 19<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6 months period, the price return was -0.23%, with a dividend return of 0%, resulting in a total return of -0.23%.<BR><BR>In the 1 year period, the price return was 13.78%, with a dividend return of 0%, resulting in a total return of 13.78%.<BR><BR>In the 2 years period, the price return was 49.4%, with a dividend return of 0%, resulting in a total return of 49.4%.<BR><BR>In the 3 years period, the price return was 194.22%, with a dividend return of 0%, resulting in a total return of 194.22%.<BR><BR>In the 4 years period, the price return was 141.94%, with a dividend return of 0%, resulting in a total return of 141.94%.<BR><BR>In the 5 years period, the price return was 298.33%, with a dividend return of 0%, resulting in a total return of 298.33%.<BR><BR>Overall, Rane (Madras) Ltd has declared a dividend, but the dividend yield remains at 0%. The total returns over various periods show significant price appreciation, particularly over the longer term, despite the absence of dividends in recent periods.