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Rane (Madras) Ltd share price logo

Rane (Madras) Ltd

(RML)

₹1127.66.19%

as on 04:01PM, 08 Oct 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Rane (Madras) Ltd Performance

  • Day's Low

    Day's High

    ₹1,060.05
    ₹1,150
  • 52 Week's Low

    52 Week's High

    ₹631
    ₹1,529
1 Month Return-14.7 %
3 Month Return+ 17.58 %
1 Year Return+ 28.86 %
Previous Close₹1,061.90
Open₹1,065.00
Volume12.04K
Upper Circuit-
Lower Circuit-
Market Cap₹1,727.21Cr

Rane (Madras) Ltd Key Statistics

P/E Ratio82.57
PEG Ratio71.18
Market Cap₹1,727.21 Cr
P/B Ratio4.29
EPS1.86
Dividend Yield0
SectorAuto Ancillaries
ROE48.22

Rane (Madras) Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹1,727.21 Cr61.43%0.87₹3 Cr₹2,238 Cr
NA₹1,536.35 Cr17.03%0.50₹73 Cr₹741 Cr
NA₹609.89 Cr101.02%0.81₹8 Cr₹362 Cr
NA₹17,323.32 Cr25.47%0.83₹1,737 Cr₹17,108 Cr
NA₹33.47 Cr88.43%0.69NANA

About Rane (Madras) Ltd

Rane Madras Ltd, a subsidiary of Rane Holdings Ltd, is a manufacturer of steering and suspension systems for the transportation industry. Their products include circulating ball type steering gears, rack and pinion type gears, tie rod assemblies, drag link assemblies, center link assemblies and gear shift balls joints. Their manufacturing facilties are located in Chennai, Kancheepuram,Tamil Nadu, Mysore, Karnataka, Thirubuvanai, Pondicherry and Pantnagar, Uttarakhand. In 2004 the company was incorporated as Rane Holdings Ltd, under the name Rane Madras Manufacturing Ltd in 2005, Name was changed to Rane Madras Ltd. In 2006, production capacity of they're Steering gear products was increased from 590300 Nos to 597500 Nos and a new plant was set up in Ambakkam, Varanasi Village, Kancheepuram to cater to the export markets. In 2007, Rane Holdings Ltd made additional investments in the company and Rane Madras Ltd became a wholly owned subsidiary of Rane Holdings Ltd.

Share Price: ₹1127.60 per share as on 08 Oct, 2024 04:01 PM
Market Capitalisation: ₹1,727.21Cr as of today
Revenue: ₹522.01Cr as on June 2024 (Q2 24)
Net Profit: ₹3.41Cr as on June 2024 (Q2 24)
Listing date: 30 Aug, 2005
Chairperson Name: L Ganesh
OrganisationRane (Madras) Ltd
Headquarters
IndustryAuto Ancillaries
E-voting on sharesClick here to vote

Key events for Rane (Madras) Ltd

  • Rane Companies Announce Merger Approval - 04 Oct, 2024

    Rane Engine Valve Limited and Rane Brake Lining Limited have announced a merger with Rane (Madras) Limited. The NCLT has ordered separate meetings for shareholders and creditors.

Insights on Rane (Madras) Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 26.87% to 27.35% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, -9.37 Cr → 3.41 Cr (in ₹), with an average increase of 374.8% per quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 519.28 Cr → 523.52 Cr (in ₹), with an average increase of 0.8% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Cummins India Ltd has given 306.4% return, outperforming this stock by 147.7%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Samvardhana Motherson International Ltd has given 120.1% return, outperforming this stock by 91.2%

  • imgNO EFFECT

    FII Holding Unchanged

    img

    Foreign Institutions holdings remained unchanged at 0.01% of holdings in Jun 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 72.65% of holdings in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, RML stock has moved down by -14.7%

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 0.47% to 0.00% in Jun 2024 quarter

Rane (Madras) Ltd Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹588.34Cr (-)₹611.24Cr (↑3.89%)₹521.05Cr (↓14.76%)₹518.32Cr (↓0.52%)₹522.01Cr (↑0.71%)
Net Income-₹14.47Cr (-)₹17.77Cr (↓222.81%)₹9.09Cr (↓48.85%)-₹9.37Cr (↓203.08%)₹3.41Cr (↓136.39%)
Net Profit Margin-2.46% (-)2.91% (↓218.29%)1.74% (↓40.21%)-1.81% (↓204.02%)0.65% (↓135.91%)
Value in ₹ crore
Details2021202220232024
Total Assets₹946.03Cr (-)₹1,193.89Cr (↑26.20%)₹1,177.99Cr (↓1.33%)₹1,352.15Cr (↑14.78%)
Total Liabilities₹637.76Cr (-)₹818.96Cr (↑28.41%)₹930.88Cr (↑13.67%)₹1,090.83Cr (↑17.18%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹116.41Cr (-)₹107.20Cr (↓7.91%)₹29.44Cr (↓72.54%)₹129.62Cr (↑340.29%)₹129.98Cr (↑0.28%)

Index Inclusions

BSE Small-Cap

₹55,439.89

2.44 (1322.17%)

S&P BSE AllCap

₹10,842.69

1.51 (161.38%)

Rane (Madras) Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
72.65%
0.00
Foreign Institutions
0.01%
-2.13
Mutual Funds
0%
-100.00
Retail Investors
27.35%
1.76
Others
0%
0.00

Rane (Madras) Ltd Key Indicators

Details20222024
Return On Equity %10.348.22
Details20202021202220232024
Return On Assets %-5.26-6.460.892.550.22
Details20202021202220232024
Book Value Per Share (₹)139.86117.98140.22148.52157.32
Details20202021202220232024
Earning Per Share (₹)-36.27-41.966.5518.451.86

Rane (Madras) Ltd Valuation

Rane (Madras) Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-473.80x)

January 17, 2022

Industry (56.42x)

October 7, 2024

Today (82.57x)

October 7, 2024

Highest (485.35x)

May 3, 2024

LowHigh

Rane (Madras) Ltd Earnings and Dividends

  • Rane (Madras) Ltd Earnings Results

    Rane (Madras) Ltd’s net profit jumped 123.57% since last year same period to ₹3.41Cr in the Q1 2024-2025. On a quarterly growth basis, Rane (Madras) Ltd has generated 136.39% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Rane (Madras) Ltd Dividends May,2019

    In the quarter ending March 2019, Rane (Madras) Ltd has declared dividend of ₹4.50 - translating a dividend yield of 0.80%.

    Read More about Dividends

Rane (Madras) Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

Rane (Madras) Ltd is currently in a Bullish trading position according to technical analysis indicators.

FAQs on Rane (Madras) Ltd

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Rane (Madras) Ltd (RML) share price today is ₹1127.6

Rane (Madras) Ltd is listed on NSE

Rane (Madras) Ltd is listed on BSE

  • Today’s highest price of Rane (Madras) Ltd is ₹1150.
  • Today’s lowest price of Rane (Madras) Ltd is ₹1060.05.

PE Ratio of Rane (Madras) Ltd is 82.57

PE ratio = Rane (Madras) Ltd Market price per share / Rane (Madras) Ltd Earnings per share

Today’s traded volume of Rane (Madras) Ltd(RML) is 12.04K.

Today’s market capitalisation of Rane (Madras) Ltd(RML) is ₹1727.21Cr.

Rane (Madras) Ltd(RMLPrice
52 Week High
₹1529
52 Week Low
₹631

Rane (Madras) Ltd(RML) share price is ₹1127.6. It is down -26.25% from its 52 Week High price of ₹1529

Rane (Madras) Ltd(RML) share price is ₹1127.6. It is up 78.70% from its 52 Week Low price of ₹631

Rane (Madras) Ltd(RMLReturns
1 Day Returns
65.7%
1 Month Returns
-14.7%
3 Month Returns
17.58%
1 Year Returns
28.86%