Rane (Madras) Ltd.
Snapshot View

View in App

Prices View details

407.00 +18.00 ▲4.6%

30 July 2021, 04:00:00 P.M.
Volume: 15,943

Overview View Details

Sector Automobile & Ancillaries Compare with Sector peers
Industry Auto Ancillary Compare with Industry peers
Website http://www.ranegroup.com
Financial Indicators
Market Cap 589.82 Cr.
Earnings per share (EPS) -2.74 Trailing Twelve Months Ending 2021-06
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-06
Industry PE 88.18 Trailing Twelve Months Ending 2021-06
Book Value / Share 128.47 Trailing Twelve Months Ending 2021-06
Price to Book Value 3.15 Calculated using Price: 404.95
Dividend Yield 0.00 Period Ending 2021-03
No. of Shares Subscribed 1.46 Cr. 14,565,309 Shares
FaceValue 10
Company Profile

Rane (Madras) Ltd. started with the inception of manufacturing facilities in the year 1960.The company is the manufacturer of steering & suspension systems for every segment of automobile industry, viz Passenger cars, Multi utility vehicles, Light commercial vehicles, Heavy commercial vehicles and Farm tractors. Best in class manufacturing facilities.

It has got Strategic Technical partnerships with M/s TRW Inc, USA for Steering Gear  Products & TRW Ehrenreich GmbH & Co., Germany for Steering Linkage Products Holds major market share in India both in Manual steering gear systems & suspension systems.

The production plants of the company at Chennai (2 plants), Mysore, Puducherry each address a specific industry segment. Independent manufacturing cells produce specialised high end components.

  • Chennai plant - Light Commercial vehicle, Heavy Commercial vehicle and Utility vehicles segments.
  • Mysore plant - Tractor and Commercial vehicle segments.
  • Puducherry plant - Passenger car segments.
  • Varanavasi (Chennai) plant - Exports market. 
  • Uttarakhand plant - Caters specifically to the customers in the North of India.

Product range of the company includes:

Manual Steering Gears  

  • Re - circulating ball type
  • Rack and Pinion 

Steering Linkages 

  • Tie rod assemblies  
  • Drag link assemblies  
  • Centre link assemblies  
  • Gear shift ball joints  

Suspension Linkages 

  • Lower control arms  
  • Lower & Upper
  • Suspension ball joints 
  • Inner & Outer ball joints   
  • Axle ball joints

Achievements/ recognition:

  • IS0/TS 16949:2002 certifications for each of its manufacturing locations
  • IS0 14001 certified plants
  • OHSAS 18001 certified
  • Deming Application Prize winner in the year 2007

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+4.63%
1 Week
-0.31%
1 Month
+9.67%
3 Month
+17.46%
6 Month
+48.11%
1 Year
+99.12%
2 Year
+78.67%
5 Year
+18.02%

Ratios View Details

6 years 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 13.79 2.80 12.68 1.06 -22.44 -35.20
Return on Capital Employed (%) 12.19 8.48 13.48 9.83 -0.95 -4.29
Return on Assets (%) 2.82 0.56 2.83 0.26 -4.82 -6.22

Balance Sheet View Details

Particulars 6 years 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Shh. Funds 159 157 230 230 184 182
Non Curr. Liab. 200 175 180 207 241 237
Curr. Liab. 387 459 510 525 501 621
Minority Int.
Equity & Liab. 746 791 920 963 926 1,039
Non Curr. Assets 443 434 464 489 533 557
Curr. Assets 303 357 456 473 393 482
Misc. Exp. not W/O
Total Assets 746 791 920 963 926 1,039

Profit Loss View Details

Particulars 6 years 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Net Sales 890 1,195 1,400 1,555 1,277 1,267
Other Income 2 11 9 10 17 7
Total Income 892 1,207 1,409 1,565 1,294 1,274
Total Expenditure -811 -1,107 -1,273 -1,438 -1,233 -1,236
PBIDT 80 100 136 127 62 38
Interest -19 -30 -34 -35 -38 -28
Depreciation -41 -57 -61 -66 -66 -66
Taxation -5 -8 -16 -23 -1 -6
Exceptional Items -3 -2
PAT 13 4 24 2 -46 -61

Cash Flow View Details

Particulars 6 years 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 31 88 65 45 69 46
Cash Fr. Inv. -74 -77 -78 -60 -103 -80
Cash Fr. Finan. 43 -7 14 26 34 21
Net Change 0 4 1 11 0 -13
Cash & Cash Eqvt 2 6 7 18 18 5

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 62.84 62.84 62.84 64.56 64.56 64.56 64.56 69.45 69.45
Public 37.16 37.16 37.16 35.44 35.44 35.44 35.44 30.55 30.55
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Wed, 21 Jul 2021
Announcement under Regulation 30 (LODR)-Newspaper Publication
We hereby enclose copies of extract of the un-audited (standalone & consolidated) financial results of the Company for the quarter ended June 30 2021 (UFR) published on July 21 2021 in the newspapers viz. Business Standard (English) and Dinamani (Regional language).

We request you to take the above on record and note the compliance under relevant provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 (SEBI LODR).
Tue, 20 Jul 2021
Results - Financial Results For The Quarter Ended June 30 2021 (Unaudited - Standalone & Consolidated)
This is to inform that the Board of Directors inter alia approved the un-audited financial results (standalone & consolidated) (UFR) of the Company for the quarter ended June 30 2021 as recommended by the audit committee at their respective meeting(s) held today (July 20 2021).

The UFR of the Company is enclosed along with the Limited Review Report on both standalone & consolidated results issued by M/s. BSR & Co. LLP Chartered Accountants Statutory Auditors. (Regulation 33).

The un-audited financial results (standalone & consolidated) will be uploaded on the website of the company at www.ranegroup.com and stock exchanges at www.bseindia.com and www.nseindia.com (Regulation 46). An earnings release for the above results is also enclosed (Regulation 30).

The meeting of the Board of Directors commenced at 10:45 hrs (IST) and concluded at 11 : 53 hrs (IST).
Tue, 20 Jul 2021
Announcement under Regulation 30 (LODR)-Press Release / Media Release
Q1 FY22 Earnings Release

Technical Scans View Details

Fri, 30 Jul 2021
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Increasing Relative Strength - Sectoral Index Increasing Relative Strength - Sectoral Index
Both SRS And ARS Above Zero Both SRS And ARS Above Zero
Close Crossing 20 EMA From Below Close Crossing 20 EMA From Below

Related Stocks View Details

Stock Name Market Cap(Rs. Cr.) LTP Chg %
Maruti Suzuki India Ltd. 210,812.61 6,978.70 -0.2%
Bajaj Auto Ltd. 111,261.62 3,845.00 +2.2%
Tata Motors Ltd. 97,600.45 293.95 +0.3%
Mahindra & Mahindra Ltd. 92,394.07 743.20 +1.6%
Motherson Sumi Systems Ltd. 73,990.40 234.30 -1.8%
Eicher Motors Ltd. 69,208.28 2,531.50 +0.1%
Hero MotoCorp Ltd. 55,223.92 2,764.10 +0.6%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2021-06 41.07 6,978.70 -0.2%
Bajaj Auto Ltd. Consolidated 2021-06 19.76 3,845.00 +2.2%
Tata Motors Ltd. Consolidated 2021-06 0.00 293.95 +0.3%
Mahindra & Mahindra Ltd. Consolidated 2021-03 50.98 743.20 +1.6%
Motherson Sumi Systems Ltd. Consolidated 2021-03 71.20 234.30 -1.8%
Eicher Motors Ltd. Consolidated 2021-03 51.38 2,531.50 +0.1%
Hero MotoCorp Ltd. Consolidated 2021-03 18.93 2,764.10 +0.6%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2021-06 3.98 6,978.70 -0.2%
Bajaj Auto Ltd. Consolidated 2021-06 3.93 3,845.00 +2.2%
Tata Motors Ltd. Consolidated 2021-06 1.92 293.95 +0.3%
Mahindra & Mahindra Ltd. Consolidated 2021-03 2.23 743.20 +1.6%
Motherson Sumi Systems Ltd. Consolidated 2021-03 6.34 234.30 -1.8%
Eicher Motors Ltd. Consolidated 2021-03 6.09 2,531.50 +0.1%
Hero MotoCorp Ltd. Consolidated 2021-03 3.59 2,764.10 +0.6%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2020-03 0.00 6,978.70 -0.2%
Bajaj Auto Ltd. Consolidated 2021-03 0.00 3,845.00 +2.2%
Tata Motors Ltd. Consolidated 2021-03 2.46 293.95 +0.3%
Mahindra & Mahindra Ltd. Consolidated 2021-03 1.95 743.20 +1.6%
Motherson Sumi Systems Ltd. Consolidated 2020-03 1.13 234.30 -1.8%
Eicher Motors Ltd. Consolidated 2021-03 0.01 2,531.50 +0.1%
Hero MotoCorp Ltd. Consolidated 2021-03 0.02 2,764.10 +0.6%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2020-03 11.52 6,978.70 -0.2%
Bajaj Auto Ltd. Consolidated 2021-03 18.60 3,845.00 +2.2%
Tata Motors Ltd. Consolidated 2021-03 -22.17 293.95 +0.3%
Mahindra & Mahindra Ltd. Consolidated 2021-03 0.57 743.20 +1.6%
Motherson Sumi Systems Ltd. Consolidated 2020-03 11.98 234.30 -1.8%
Eicher Motors Ltd. Consolidated 2021-03 12.37 2,531.50 +0.1%
Hero MotoCorp Ltd. Consolidated 2021-03 20.03 2,764.10 +0.6%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2020-03 14.71 6,978.70 -0.2%
Bajaj Auto Ltd. Consolidated 2021-03 24.16 3,845.00 +2.2%
Tata Motors Ltd. Consolidated 2021-03 -1.27 293.95 +0.3%
Mahindra & Mahindra Ltd. Consolidated 2021-03 6.52 743.20 +1.6%
Motherson Sumi Systems Ltd. Consolidated 2020-03 12.08 234.30 -1.8%
Eicher Motors Ltd. Consolidated 2021-03 16.42 2,531.50 +0.1%
Hero MotoCorp Ltd. Consolidated 2021-03 25.96 2,764.10 +0.6%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2020-03 75,660.00 6,978.70 -0.2%
Bajaj Auto Ltd. Consolidated 2021-03 27,741.08 3,845.00 +2.2%
Tata Motors Ltd. Consolidated 2021-03 249,794.75 293.95 +0.3%
Mahindra & Mahindra Ltd. Consolidated 2021-03 89,026.76 743.20 +1.6%
Motherson Sumi Systems Ltd. Consolidated 2020-03 63,536.80 234.30 -1.8%
Eicher Motors Ltd. Consolidated 2021-03 8,720.35 2,531.50 +0.1%
Hero MotoCorp Ltd. Consolidated 2021-03 30,959.19 2,764.10 +0.6%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2020-03 5,559.20 6,978.70 -0.2%
Bajaj Auto Ltd. Consolidated 2021-03 4,550.70 3,845.00 +2.2%
Tata Motors Ltd. Consolidated 2021-03 -13,016.14 293.95 +0.3%
Mahindra & Mahindra Ltd. Consolidated 2021-03 230.44 743.20 +1.6%
Motherson Sumi Systems Ltd. Consolidated 2020-03 1,237.00 234.30 -1.8%
Eicher Motors Ltd. Consolidated 2021-03 1,315.76 2,531.50 +0.1%
Hero MotoCorp Ltd. Consolidated 2021-03 2,982.61 2,764.10 +0.6%