Rane (Madras)

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

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

As of March 2022, 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 as a director.

As of March 2022, 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>These members play various roles in the governance and oversight of the company.

What does Rane (Madras) do?

Rane (Madras) Ltd is a small-cap company in the auto components industry, reporting net sales of ₹901 Cr and a net profit of ₹7 Cr for Q1 2025. It has a market cap of ₹1,473 Cr and key metrics include a P/E ratio of 102.00 and a debt-equity ratio of 1.16.

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, initially 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 2025.<BR><BR>Financial Snapshot:<BR>Net Sales: 901 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 7 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 1,473 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 102.00 <BR>Industry P/E: 36 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 1.16 <BR>Return on Equity: 2.14% <BR>Price to Book: 2.17 <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

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.

Who are the peers of the Rane (Madras)?

Rane (Madras) peers include Samvardh. Mothe., Bosch, Schaeffler India, Bharat Forge, Tube Investments, Frontier Springs, GNA Axles, India Motor Part, The Hi-Tech Gear, and GKW. Management risk varies from excellent at Bosch and Schaeffler India to below average at The Hi-Tech Gear, with Rane (Madras) rated average; growth is good for Rane (Madras) and Bharat Forge, while 1-year returns show Rane (Madras) at 13.09%.

Peers: The peers of Rane (Madras) are Samvardh. Mothe., Bosch, Schaeffler India, Bharat Forge, Tube Investments, Frontier Springs, GNA Axles, India Motor Part, The Hi-Tech Gear, and GKW.<BR><BR>Quality Snapshot: Excellent management risk is observed at Bosch, Schaeffler India, Bharat Forge, Tube Investments, and GNA Axles, while Average management risk is found at Samvardh. Mothe., Frontier Springs, Rane (Madras), and India Motor Part. Below Average management risk is noted at The Hi-Tech Gear and GKW. Excellent growth is seen at Schaeffler India, Tube Investments, and Frontier Springs, while Good growth is reported by Rane (Madras) and Bharat Forge. Average growth is found at Samvardh. Mothe. and Frontier Springs, with Below Average growth at GNA Axles, India Motor Part, and The Hi-Tech Gear. Capital Structure ratings show Excellent at Bosch, Schaeffler India, Tube Investments, and GNA Axles, Good at Bharat Forge, Average at Samvardh. Mothe. and Frontier Springs, and Below Average at Rane (Madras) and The Hi-Tech Gear.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Frontier Springs at 148.15%, while the lowest is The Hi-Tech Gear at -33.40%. Rane (Madras) has a 1-year return of 13.09%, which is higher than The Hi-Tech Gear but lower than Frontier Springs. Additionally, the peers with negative six-month returns include Bharat Forge, Tube Investments, GNA Axles, and The Hi-Tech Gear.

How big is Rane (Madras)?

As of 24th July, Rane (Madras) Ltd has a market capitalization of 2,451.00 Cr, with net sales of 2,789.74 Cr and a net profit of 9.64 Cr over the latest four quarters. The company has shareholder's funds of 670.89 Cr and total assets of 2,169.64 Cr as of March 2025.

As of 24th July, Rane (Madras) Ltd has a market capitalization of 2,451.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, Rane (Madras) reported net sales of 2,789.74 Cr and a net profit of 9.64 Cr.<BR><BR>For the reporting period of March 2025, the company has shareholder's funds amounting to 670.89 Cr and total assets of 2,169.64 Cr.

Are Rane (Madras) latest results good or bad?

Rane (Madras) reported positive Q2 FY26 results with a 15.87% increase in net profit and improved sales, indicating good operational performance. However, concerns about its high valuation and low return on equity suggest caution moving forward.

Rane (Madras) has shown some positive results in its latest quarterly performance for Q2 FY26, indicating a good trajectory overall. The company reported a net profit of ₹21.47 crores, which is a 15.87% increase compared to the previous quarter and a substantial 33.19% growth year-on-year. Additionally, net sales reached ₹919.31 crores, reflecting a 4.40% sequential increase and an 8.25% year-on-year rise.<BR><BR>The operating margin improved slightly to 8.57%, and the profit after tax (PAT) margin of 2.34% is noted as the best in seven quarters. This suggests that the company is improving its operational efficiency and cost management.<BR><BR>However, despite these positive indicators, there are concerns regarding the company's valuation. Rane (Madras) has a high price-to-earnings ratio of 77, significantly above the industry average of 40, which raises questions about the sustainability of its valuation. Additionally, the return on equity (ROE) remains low at 7.92%, indicating challenges in capital efficiency.<BR><BR>In summary, while Rane (Madras) has delivered good results in terms of profit and sales growth, the elevated valuation and weak return metrics suggest caution. The overall outlook is mixed, with improvements in operational performance but significant concerns regarding valuation sustainability and profitability.

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.

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) 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%.

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

Which are the latest news on Rane (Madras)?

Why is Rane (Madras) Ltd falling/rising?

As of 20-Jan, Rane (Madras) Ltd's stock price is at 750.00, down 1.02% and on a downward trend for three consecutive days. The stock is underperforming due to high debt levels and negative returns over the past year, leading to decreased investor participation.

As of 20-Jan, Rane (Madras) Ltd's stock price is falling, currently at 750.00, reflecting a decrease of 7.75 (-1.02%). The stock has been on a downward trend, having lost value for the last three consecutive days, resulting in a total decline of 4.54% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.<BR><BR>Investor participation appears to be declining, as evidenced by a significant drop in delivery volume, which fell by 37.17% compared to the 5-day average. The broader sector, Auto Ancillary, has also experienced a downturn, with a decrease of 3.17%. <BR><BR>While the company has shown healthy long-term growth in net sales and operating profit, it faces challenges due to high debt levels, with a debt-to-equity ratio averaging 2.27 times. This high debt burden, coupled with a relatively low return on capital employed of 6.85%, suggests low profitability per unit of total capital. Furthermore, the stock has underperformed the market over the past year, generating negative returns of -5.59% compared to the market's positive performance.<BR><BR>Overall, these factors contribute to the stock's current decline, as investors may be cautious due to the company's high debt levels and recent poor performance relative to the market.