Rane Brake Lining Ltd
Rane Brake Lining Ltd (RBL)

Rane Brake Lining Ltd (RBL)

₹707.150.11%

Key Stats

₹697.65
Day's Price Range
₹715
₹575
52-Week Price Range
₹930.05
1 Month Return-3.62 %
3 Month Return-0.89 %
1 Year Return-18.76 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 462
EPS
Rank 466
BVPS
Rank 541
Dividend Yield
Rank 185
ROE
Rank 268
11.27%
Price To Book Ratio
Rank 364
Debt To Asset
Rank 528

Company Information

Rane Brake Linings Ltd is an Indiabased company. The company is engaged in manufacturing of components for transportation industry. They produce disc pads for automotive industry and railway brake blocks and parts out of asbestos and asbestos freebased friction materials. The company is having their manufacturing units located at Chennai Hyderabad Pondicherry and Trichy. The plant at Pondicherry is an exclusive Asbestos Free Facility. Rane Brake Linings Ltd was incorporated on December 12 2004 as private limited company with the name EMS Logistics India Pvt Ltd. The company was established with the objective of carrying on transport and logistics business. In September 20 2005 the company changed their name from EMS Logistics India Pvt Ltd to Richfield Logistics Line Pvt Ltd. In September 24 2007 the name of the company was further changed to Rane Brake Products Pvt Ltd. In September 26 2007 the company was converted into public limited company and the name was changed to Rane Brake Products Ltd.During the year 200708 as per the scheme of demerger merger and amalgamation the company took over the manufacturing undertaking of erstwhile Rane Brake Linings Ltd demerged company with effect April 1 2007. In terms of the scheme the name of the company was changed from Rane Brake Products Ltd to Rane Brake Lining Ltd with effect from February 6 2008. During the year the company received new contracts from Germany UK and Middle East. They also received an order for servicing OEM requirements in Europe during the year. Also the shares of the company were listed on the National Stock Exchange Bombay Stock Exchange Ltd and Madras Stock Exchange Ltd.During the year 200809 the company completed the expansion project in Trichy in the state of Tamilnadu with the active participation and technical inputs from the companys collaborator Nisshinbo Brake Inc of Japan. The state of the art plant commenced commercial production during the year. They increased the production capacity of Asbestos by 4645 MT to 18892 MT.During the year 200910 the company further increased the production capacity of Asbestos by 96 MT to 18988 MT.
OrganisationRane Brake Lining Ltd
HeadquartersChennai
IndustryAuto Ancillaries