Rane (Madras)
NSE: RML · Auto Components & Equipments
Snapshot
Unlock Rane (Madras)'s vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Rane (Madras) Limited is an Indian manufacturer specialising in steering and suspension linkage products, steering gears, and high-precision aluminium die castings. The company serves original equipment manufacturers across the passenger vehicle, utility vehicle, and farm tractor segments.
Business Model
The company generates revenue by supplying critical automotive components to domestic and international vehicle manufacturers. It operates as a subsidiary of Rane Holdings Limited, leveraging established manufacturing capabilities to serve the automotive supply chain.
- Founded:1960
Growth Outlook
Growth is driven by the expansion of the automotive sector and the company's ability to supply both domestic and export markets. Continued demand for passenger cars and farm tractors remains a primary catalyst for its product portfolio.
Key Risks
- Cyclicality of Automotive Industry. The company's performance is highly sensitive to fluctuations in vehicle production volumes and consumer demand within the automotive sector.
- Raw Material Price Volatility. Fluctuations in the prices of aluminium and steel can significantly impact manufacturing costs and operating margins.
- Customer Concentration. Heavy reliance on a limited number of original equipment manufacturers exposes the company to risks associated with the performance and procurement strategies of these key clients.
- Foreign Exchange Risk. As an exporter of automotive components, the company is exposed to currency fluctuations that may affect its international revenue and profitability.
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Key Metrics
REVENUE
₹4,024 Cr
TTM · consolidated
NET PROFIT
₹119 Cr
TTM · consolidated
EPS
₹43.07
TTM · consolidated
RETURN ON EQUITY
16.8%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
23.3%
TTM · consolidated
P/E
30.1x
Q1 FY27 · consolidated
EV/EBITDA
11.2x
Q1 FY27 · consolidated
EBITDA MARGIN
9.3%
TTM · consolidated
NET PROFIT MARGIN
2.9%
Q1 FY27 · consolidated
DEBT TO EQUITY
0.8x
Q1 FY27 · consolidated
Peers · Auto Components & Equipments
| Company | Mkt Cap | P/E | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Rane (Madras)RML | ₹3,581 Cr | 30.09 | 11.18 | 42.1% | 9.3% | 16.8% | 23.3% | +52.6% |
Uniparts IndiaUNIPARTS | ₹3,946 Cr | 21.87 | 13.45 | 27.5% | 23.9% | 20.5% | 25.7% | +112.8% |
Divgi Torqtransfer Systems LimitedDIVGIITTS | ₹3,779 Cr | 59.79 | 32.64 | 77.0% | 27.5% | 10.3% | 13.6% | +82.6% |
Sandhar Technologies LimitedSANDHAR | ₹3,756 Cr | 18.07 | 8.80 | 26.6% | 10.3% | 16.8% | 19.9% | +35.0% |
JTEKT India LimitedJTEKTINDIA | ₹3,364 Cr | 46.29 | 16.08 | 16.8% | 8.1% | 7.0% | 9.7% | -15.5% |
M M ForgingsMMFL | ₹3,042 Cr | 17.97 | 12.73 | 8.9% | 18.7% | 18.1% | 15.9% | +98.6% |
As of Q1 FY27
Financials
Rane (Madras)
NSE: RML · Auto Components & Equipments
Snapshot
Unlock Rane (Madras)'s vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Rane (Madras) Limited is an Indian manufacturer specialising in steering and suspension linkage products, steering gears, and high-precision aluminium die castings. The company serves original equipment manufacturers across the passenger vehicle, utility vehicle, and farm tractor segments.
Business Model
The company generates revenue by supplying critical automotive components to domestic and international vehicle manufacturers. It operates as a subsidiary of Rane Holdings Limited, leveraging established manufacturing capabilities to serve the automotive supply chain.
- Founded:1960
Growth Outlook
Growth is driven by the expansion of the automotive sector and the company's ability to supply both domestic and export markets. Continued demand for passenger cars and farm tractors remains a primary catalyst for its product portfolio.
Key Risks
- Cyclicality of Automotive Industry. The company's performance is highly sensitive to fluctuations in vehicle production volumes and consumer demand within the automotive sector.
- Raw Material Price Volatility. Fluctuations in the prices of aluminium and steel can significantly impact manufacturing costs and operating margins.
- Customer Concentration. Heavy reliance on a limited number of original equipment manufacturers exposes the company to risks associated with the performance and procurement strategies of these key clients.
- Foreign Exchange Risk. As an exporter of automotive components, the company is exposed to currency fluctuations that may affect its international revenue and profitability.
Start your research today
Unlock AI insights, financials, peers and live data on Rane (Madras) and 5,000+ companies — free.
Key Metrics
REVENUE
₹4,024 Cr
TTM · consolidated
NET PROFIT
₹119 Cr
TTM · consolidated
EPS
₹43.07
TTM · consolidated
RETURN ON EQUITY
16.8%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
23.3%
TTM · consolidated
P/E
30.1x
Q1 FY27 · consolidated
EV/EBITDA
11.2x
Q1 FY27 · consolidated
EBITDA MARGIN
9.3%
TTM · consolidated
NET PROFIT MARGIN
2.9%
Q1 FY27 · consolidated
DEBT TO EQUITY
0.8x
Q1 FY27 · consolidated
Peers · Auto Components & Equipments
As of Q1 FY27