Rane (Madras)

  • Market Cap: Small Cap
  • Industry: Auto Components & Equipments
  • ISIN: INE050H01012
  • NSEID: RML
  • BSEID: 532661
INR
723.85
0.35 (0.05%)
BSENSE

Mar 20

BSE+NSE Vol: 10.85 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Part of MojoOne Strategy
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Comparison

Company
Score
Quality
Valuation
Financial
Technical
Wheels India
GNA Axles
Divgi Torq
Uniparts India
Rajratan Global
MM Forgings
Rane (Madras)
Frontier Springs
Federal-Mogul Go
India Nipp.Elec.
NDR Auto Compon.

Why is Rane (Madras) Ltd ?

1
High Debt Company with a Debt to Equity ratio (avg) at 2.27 times
  • High Debt Company with a Debt to Equity ratio (avg) at 2.27 times
  • The company has been able to generate a Return on Capital Employed (avg) of 6.85% signifying low profitability per unit of total capital (equity and debt)
2
Despite the size of the company, domestic mutual funds hold only 0.19% of the company
  • Domestic mutual funds have capability to do in-depth on-the-ground research on companies- their small stake may signify either they are not comfortable at the price or the business
stock-recommendationReal-Time Research Report

Verdict Report

How much should you sell?

  1. All quantity irrespective of whether you are making profits or losses

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Auto Components & Equipments)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Rane (Madras) for you?

High Risk, High Return

Absolute
Risk Adjusted
Volatility
Rane (Madras)
7.74%
0.22
34.59%
Sensex
-2.38%
-0.19
12.70%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor
Value
Sales Growth (5y)
26.63%
EBIT Growth (5y)
40.68%
EBIT to Interest (avg)
1.24
Debt to EBITDA (avg)
6.20
Net Debt to Equity (avg)
1.16
Sales to Capital Employed (avg)
2.36
Tax Ratio
32.52%
Dividend Payout Ratio
34.57%
Pledged Shares
0
Institutional Holding
1.07%
ROCE (avg)
4.60%
ROE (avg)
17.53%
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary

Factor
Value
P/E Ratio
24
Industry P/E
33
Price to Book Value
2.95
EV to EBIT
15.61
EV to EBITDA
8.64
EV to Capital Employed
1.90
EV to Sales
0.75
PEG Ratio
4.38
Dividend Yield
1.10%
ROCE (Latest)
10.74%
ROE (Latest)
7.85%
Loading Valuation Snapshot...
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Mildly Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bearish
Bullish
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

28What is working for the Company
OPERATING PROFIT TO INTEREST(Q)

Highest at 6.18 times

PBT LESS OI(Q)

At Rs 39.66 cr has Grown at 82.3% (vs previous 4Q average

PAT(Q)

At Rs 31.14 cr has Grown at 133.3% (vs previous 4Q average

CASH AND CASH EQUIVALENTS(HY)

Highest at Rs 43.43 cr

NET SALES(Q)

Highest at Rs 1,015.15 cr

PBDIT(Q)

Highest at Rs 90.81 cr.

OPERATING PROFIT TO NET SALES(Q)

Highest at 8.95%

EPS(Q)

Highest at Rs 11.04

0What is not working for the Company
Icon
NO KEY NEGATIVE TRIGGERS
Loading Valuation Snapshot...

Here's what is working for Rane (Madras)

Operating Profit to Interest - Quarterly
Highest at 6.18 times and Grown
each quarter in the last five quarters
MOJO Watch
The company's ability to manage interest payments is improving

Operating Profit to Interest

Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 39.66 cr has Grown at 82.3% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 21.76 Cr
MOJO Watch
Near term PBT trend is very positive

PBT less Other Income (Rs Cr)

Profit After Tax (PAT) - Quarterly
At Rs 31.14 cr has Grown at 133.3% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 13.35 Cr
MOJO Watch
Near term PAT trend is very positive

PAT (Rs Cr)

Profit After Tax (PAT) - Quarterly
Highest at Rs 31.14 cr. and Grown
each quarter in the last five quarters
MOJO Watch
Near term PAT trend is very positive

PAT (Rs Cr)

Net Sales - Quarterly
Highest at Rs 1,015.15 cr
in the last five quarters
MOJO Watch
Near term sales trend is positive

Net Sales (Rs Cr)

Operating Profit (PBDIT) - Quarterly
Highest at Rs 90.81 cr.
in the last five quarters
MOJO Watch
Near term Operating Profit trend is positive

Operating Profit (Rs Cr)

Operating Profit Margin - Quarterly
Highest at 8.95%
in the last five quarters
MOJO Watch
Company's efficiency has improved

Operating Profit to Sales

Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 39.66 cr.
in the last five quarters
MOJO Watch
Near term PBT trend is positive

PBT less Other Income (Rs Cr)

Earnings per Share (EPS) - Quarterly
Highest at Rs 11.04
in the last five quarters
MOJO Watch
Increasing profitability; company has created higher earnings for shareholders

EPS (Rs)

Cash and Cash Equivalents - Half Yearly
Highest at Rs 43.43 cr
in the last six half yearly periods
MOJO Watch
Short Term liquidity is improving

Cash and Cash Equivalents