Rane Engine Valve Ltd.

371.75 +3.80 ▲1.0%

26 April 2024, 04:01:00 PM
Volume: 134

Company Profile

Sector Automobile & Ancillaries Sector Icon Automobile & Ancillaries Compare with Sector peers
Industry Auto Ancillary Industry Icon Auto Ancillary Compare with Industry peers
Website http://www.ranegroup.com
Market Cap 268.94 Cr.
Enterprise Value(EV) 380.54 Cr. 2023-09
Financial Indicators
Earnings per share (EPS) 16.01 Trailing Twelve Months Ending 2023-12
Price-Earning Ratio (PE) 23.22 Trailing Twelve Months Ending 2023-12
Industry PE 39.90 Trailing Twelve Months Ending 2023-12
Book Value / Share 160.36 Trailing Twelve Months Ending 2023-12
Price to Book Value 2.32 Calculated using Price: 371.75
Dividend Yield 0.00 Period Ending 2023-03
No. of Shares Subscribed 0.72 Cr. 7,234,455 Shares
FaceValue 10
About Rane Engine Valve Ltd.
Rane Engine Valve Ltd. was incepted in 1959 to manufacture valves and valve train components for various engine applications. It has latest manufacturing practices to keep abreast of technological advancements caters to every section of the auto industry through four manufacturing plants. It has got cutting edge technology.

Rane Engine Valve Ltd. Delivery

Delivered Qty
Traded Qty

Rane Engine Valve Ltd. Performance

1 Day
+1.03%
1 Week
+6.84%
1 Month
+10.71%
3 Month
-13.87%
6 Month
+30.39%
1 Year
+74.49%
2 Year
+47.70%
5 Year
-34.63%
10 Year
+85.88%

Rane Engine Valve Ltd. Fundamental Ratios

9 years 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03 2022-03 2023-03
Return on Equity (%) 26.55 -11.56 43.87 -11.33 -10.12 -13.71 -5.63 -11.95 -0.06
Return on Capital Employed (%) 21.35 -1.13 35.96 -5.22 -3.82 -5.63 -0.38 -2.92 4.6
Return on Assets (%) 7.03 -3.41 16.61 -4.75 -3.57 -4.5 -1.81 -3.51 -0.02

Rane Engine Valve Ltd. Balance Sheet

Particulars 10 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2023-09* Rs. Cr.
Shh. Funds 116 103 160 141 127 111 105 97 105 113
Non Curr. Liab. 113 107 76 96 94 84 101 78 92 27
Curr. Liab. 158 138 111 135 166 144 129 166 185 182
Minority Int.
Equity & Liab. 387 348 347 372 388 338 335 341 382 321
Non Curr. Assets 239 225 204 213 207 185 170 165 166 109
Curr. Assets 147 123 142 159 181 153 165 176 215 211
Misc. Exp. not W/O
Total Assets 387 348 347 372 388 338 335 341 382 321

Rane Engine Valve Ltd. Profit and Loss

Particulars 10 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2023-12 Rs. Cr. TTM
Net Sales 395 350 355 375 423 355 302 382 498 553
Other Income 4 3 2 2 2 3 3 3 2 3
Total Income 399 353 358 377 425 358 305 385 500 556
Total Expenditure -365 -345 -332 -361 -404 -344 -305 -368 -463 -506
PBIDT 34 7 25 16 21 14 0 17 37 49
Interest -19 -15 -10 -8 -11 -11 -9 -9 -11 -11
Depreciation -28 -28 -28 -29 -31 -28 -23 -20 -19 -19
Taxation -8 5 -20 4 7 9 4 3 0 -5
Exceptional Items 45 17 90 22 -4 -7 -3
PAT 23 -13 58 -17 -14 -16 -6 -12 0 12
Adjusted EPS 46 -19 86 -25 -20 -24 -9 -18 0 16

Rane Engine Valve Ltd. Cash Flow

Particulars 10 years 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr.
Cash Fr. Operatn. 31 17 21 -4 15 2 28 21 -17 21
Cash Fr. Inv. -51 21 5 80 -20 -25 -7 17 -14 -19
Cash Fr. Finan. 17 -39 -27 -76 15 15 -23 -15 8 6
Net Change -3 -1 -1 1 10 -8 -2 23 -23 7
Cash & Cash Eqvt 3 2 2 1 11 2 1 24 1 8

Rane Engine Valve Ltd. Shareholding Pattern

9 Qtrs 2022-03 (%) 2022-06 (%) 2022-09 (%) 2022-12 (%) 2023-03 (%) 2023-06 (%) 2023-09 (%) 2023-12 (%) 2024-03 (%)
Promoter 54.84 55.12 55.12 55.12 57.30 58.32 58.32 58.32 58.32
Public 45.16 44.88 44.88 44.88 42.70 41.68 41.68 41.68 41.68
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
No. of Shareholders (in Lacs)

Rane Engine Valve Ltd. Announcements

Wed, 17 Apr 2024
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Format of Initial Disclosure to be made by an entity identified as a Large Corporate.

Sr. No. Particulars Details
1Name of CompanyRANE ENGINE VALVE LTD.
2CIN NO.L74999TN1972PLC006127
3 Outstanding borrowing of company as on 31st March / 31st December as applicable (in Rs cr) 57.10
4Highest Credit Rating during the previous FY BBB+
4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)CRISIL LTD.
5Name of Stock Exchange# in which the fine shall be paid in case of shortfall in the required borrowing under the frameworkBSE


We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26 2018. No



Name of the Company Secretary: S ANAND
Designation: COMPANY SECRETARY
EmailId: investorservices@ranegroup.com
Name of the Chief Financial Officer: V K VIJAYARAGHAVAN
Designation: CHIEF FINANCIAL OFFICER
EmailId: investorservices@ranegroup.com

Date: 17/04/2024

Note: In terms para of 3.2(ii) of the circular beginning F.Y 2022 in the event of shortfall in the mandatory borrowing through debt securities a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore an entity identified as LC shall provide in its initial disclosure for a financial year the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.
Tue, 09 Apr 2024
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
Please find enclosed a copy of the certificate dated April 02 2024 received from M/s. Integrated Registry Management Services Private Limited RTA of the Company for the quarter ended March 31 2024.
Tue, 09 Apr 2024
Compliances - Compliance Certificate For The Period Ended March 2024.
Pursuant to Regulation 7(3) of the companys Listing Agreement SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we hereby certify that:- All activities in relation to share transfer facility are maintained by Integrated Registry Management Services Private Limited Registrars and Share Transfer Agents to the Company registered with the Securities and Exchange Board of India for the period April 01 2023 to March 31 2024.

Rane Engine Valve Ltd. Technical Scans

Fri, 26 Apr 2024
High Delivery Percentage High Delivery Percentage
Opening at Low Opening at Low
Making Higher Highs for 2 Days Making Higher Highs for 2 Days
High Increase in 1 Month High Increase in 1 Month
High Decrease in 3 Months High Decrease in 3 Months

Rane Engine Valve Ltd. Related Stocks

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Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2024-03 29.57 12,703.35 -1.7%
Tata Motors Ltd. Consolidated 2023-12 17.12 999.50 -0.2%
Mahindra & Mahindra Ltd. Consolidated 2023-12 22.80 2,044.90 -2.5%
Bajaj Auto Ltd. Consolidated 2024-03 32.47 8,974.30 +2.7%
Eicher Motors Ltd. Consolidated 2023-12 32.82 4,601.00 -0.3%
TVS Motor Company Ltd. Consolidated 2023-12 58.59 2,016.50 +0.5%
Hero MotoCorp Ltd. Consolidated 2023-12 24.84 4,491.60 -0.2%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2024-03 4.66 12,703.35 -1.7%
Tata Motors Ltd. Consolidated 2023-12 5.49 999.50 -0.2%
Mahindra & Mahindra Ltd. Consolidated 2023-12 4.02 2,044.90 -2.5%
Bajaj Auto Ltd. Consolidated 2024-03 8.64 8,974.30 +2.7%
Eicher Motors Ltd. Consolidated 2023-12 7.49 4,601.00 -0.3%
TVS Motor Company Ltd. Consolidated 2023-12 14.00 2,016.50 +0.5%
Hero MotoCorp Ltd. Consolidated 2023-12 4.80 4,491.60 -0.2%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2023-03 0.02 12,703.35 -1.7%
Tata Motors Ltd. Consolidated 2023-03 2.78 999.50 -0.2%
Mahindra & Mahindra Ltd. Consolidated 2023-03 1.58 2,044.90 -2.5%
Bajaj Auto Ltd. Consolidated 2023-03 0.00 8,974.30 +2.7%
Eicher Motors Ltd. Consolidated 2023-03 0.01 4,601.00 -0.3%
TVS Motor Company Ltd. Consolidated 2023-03 3.93 2,016.50 +0.5%
Hero MotoCorp Ltd. Consolidated 2023-03 0.02 4,491.60 -0.2%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2023-03 14.02 12,703.35 -1.7%
Tata Motors Ltd. Consolidated 2023-03 5.24 999.50 -0.2%
Mahindra & Mahindra Ltd. Consolidated 2023-03 22.09 2,044.90 -2.5%
Bajaj Auto Ltd. Consolidated 2023-03 20.50 8,974.30 +2.7%
Eicher Motors Ltd. Consolidated 2023-03 21.19 4,601.00 -0.3%
TVS Motor Company Ltd. Consolidated 2023-03 26.44 2,016.50 +0.5%
Hero MotoCorp Ltd. Consolidated 2023-03 17.26 4,491.60 -0.2%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2023-03 14.02 12,703.35 -1.7%
Tata Motors Ltd. Consolidated 2023-03 5.24 999.50 -0.2%
Mahindra & Mahindra Ltd. Consolidated 2023-03 22.09 2,044.90 -2.5%
Bajaj Auto Ltd. Consolidated 2023-03 20.50 8,974.30 +2.7%
Eicher Motors Ltd. Consolidated 2023-03 21.19 4,601.00 -0.3%
TVS Motor Company Ltd. Consolidated 2023-03 26.44 2,016.50 +0.5%
Hero MotoCorp Ltd. Consolidated 2023-03 17.26 4,491.60 -0.2%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2023-03 117,571.30 12,703.35 -1.7%
Tata Motors Ltd. Consolidated 2023-03 345,966.97 999.50 -0.2%
Mahindra & Mahindra Ltd. Consolidated 2023-03 121,268.55 2,044.90 -2.5%
Bajaj Auto Ltd. Consolidated 2023-03 36,455.38 8,974.30 +2.7%
Eicher Motors Ltd. Consolidated 2023-03 14,442.18 4,601.00 -0.3%
TVS Motor Company Ltd. Consolidated 2023-03 31,973.99 2,016.50 +0.5%
Hero MotoCorp Ltd. Consolidated 2023-03 34,158.38 4,491.60 -0.2%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2023-03 8,211.00 12,703.35 -1.7%
Tata Motors Ltd. Consolidated 2023-03 2,353.49 999.50 -0.2%
Mahindra & Mahindra Ltd. Consolidated 2023-03 11,374.48 2,044.90 -2.5%
Bajaj Auto Ltd. Consolidated 2023-03 6,060.21 8,974.30 +2.7%
Eicher Motors Ltd. Consolidated 2023-03 2,913.94 4,601.00 -0.3%
TVS Motor Company Ltd. Consolidated 2023-03 1,309.46 2,016.50 +0.5%
Hero MotoCorp Ltd. Consolidated 2023-03 2,799.90 4,491.60 -0.2%

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