Fin Cascade
Get Android appGet iOS app

Prices as of 8 Oct 2026 close · Not investment advice

Rane (Madras) Limited

NSE: RMLAuto Components & Equipments

Share price

₹1,279.60

-4.25% close of 8 Oct 2026

Market cap ₹3,583 CrP/E 29.6

Business score

How strong the business is, in one number. The parts behind it are in Pro.

62

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹3,583 Cr

P/E ratio

29.6

P/B ratio

4.7

ROCE

14.0%

ROE

15.3%

Dividend yield

1.2%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 8 Oct 2026 close52-week high ₹1,408.9052-week low ₹620.00

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 16.0% over the past year, and 13.2% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales improved from 4.5% to 8.7% over the last four years.

Whether it grew faster than its sector

It grew 13.2% a year against a sector median of 10.5% — 2.7 percentage points faster.

Room to re-rate, or risk of de-rating

At 29.6× earnings against a market that pays 23.9× across 2199 companies we can price. Its own industry sits at 51.0×, across 5 companies. It is against its own five-year median of 45.7×, the 27th percentile of its own range.

Whether growth justifies the valuation

Priced at 0.6 times its growth rate, on earnings growth of 47%.

Profit growthPrice per ₹1 profitPer 1% growth
Rane (Madras) Limited — this one47%/yr29.6×₹0.63
Samvardhana Motherson International Limited40%/yr35.3×₹0.88
Bosch Limited14%/yr54.8×₹3.9
Bharat Forge Limited33%/yr85.2×₹2.6
UNO Minda Limited23%/yr51.0×₹2.2
Schaeffler India Limited10%/yr46.2×₹4.6

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Auto Components & Equipments), it ranks 63 of 101 on returns, 34 of 99 on growth, 87 of 101 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 14% on capital, ahead of 38% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹808 crore of cash from the business, spent ₹693 crore on plant and equipment, and returned ₹269 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 11 years, about 651 arrived as cash — well above the profit; depreciation and interest are the reason, not a windfall.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

8 of 9 checks clear · 89%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 5 Aug 2026 · Consolidated · Unaudited

Revenue

₹1,042 Cr

Revenue vs last year

+18.3%

Revenue vs last quarter

-0.6%

Net profit

₹30 Cr

Profit vs last year

+58.4%

Profit vs last quarter

-18.6%

Net margin

2.9%

EPS

₹10.89

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹3,583 Cr
Prev close
₹1,279.60
52w High
₹1,440
52w Low
₹609
Enterprise value
₹4,288 Cr
Beta
1.2
Price CAGR 1y
60.0%
Price CAGR 3y
17.0%
Price CAGR 5y
27.0%
Price CAGR 10y
10.0%

Ratios

Return on assets
4.2%
PEG ratio
0.6
P/E ratio
29.6
P/B ratio
4.7
EV / EBITDA
12.1
Industry P/E
30.6
ROCE
14.0%
ROCE 5y average
9.8%
ROE
15.3%
Debt / Equity
1.0
Interest coverage
3.4
Dividend yield
1.2%
ROE 3y average
18.0%
ROE last year
15.0%

Annual P&L

Annual revenue
₹3,863 Cr
Annual profit
₹107 Cr
Operating margin
9.0%
Net profit margin
2.8%
EBITDA margin
8.8%
Sales growth 3y
18.0%
Sales growth 5y
25.0%
Profit growth 3y
47.0%
Profit growth 5y
30.0%
EPS
₹38.9
Sales growth TTM
16.0%
Profit growth TTM
188.0%
Dividend payout
41.0%

Quarter P&L

Sales latest quarter
₹1,042 Cr
Profit latest quarter
₹30 Cr
YoY quarterly sales growth
18.3%
YoY quarterly profit growth
57.9%
OPM latest quarter
8.3%

Balance Sheet

Book Value
₹268
Face Value
₹10.0
Total debt
₹752 Cr
Total cash
₹47 Cr
Borrowings
₹752 Cr
Reserves / Equity
25.8

Cash Flow

Operating cash flow
₹219 Cr
Free cash flow
₹84 Cr
FCF yield
0.7%
Net cash flow
₹23 Cr

Shareholding

Promoter holding
70.5%
FII holding
0.3%
DII holding
0.8%
Public holding
28.4%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Samvardh. Mothe.155.3035.81,63,9110.381,075.781.535,243.816.613.4
Bosch43,330.0054.11,27,8070.61706.15.25,841.922.021.5
Bharat Forge1,806.3087.488,2690.46-89.9-57.74,639.918.712.6
Uno Minda1,094.5551.763,2070.24315.51.85,556.923.819.6
Schaeffler India3,739.2545.258,4460.93336.713.72,681.417.527.9
Sona BLW Precis.795.2563.949,6370.42220.173.41,157.250.815.1
Tube Investments2,286.7570.644,2650.15294.0-15.36,215.317.117.1
Rane (Madras)1,300.1529.73,5931.2330.156.01,041.618.313.9
Median445.3029.01,5610.3212.322.3265.521.016.4

Competes with: Bharat Forge Limited, Bosch Limited, Samvardhana Motherson International Limited, Schaeffler India Limited, Sona BLW Precision Forgings Limited, Tube Investments of India Limited, UNO Minda Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales5886115218538188498379018819191,0151,0481,042
Expenses546579474784753777771823806841924952955
Material Cost464512515566563601
Change in Inventories20-22-36-3.2813-15
Purchases of Stock-in-Trade362059444944
Employee Cost119127126133131135
Other Expenses183168176184196190
Operating Profit42324769657266797579919687
OPM %7.215.229.028.127.928.527.908.748.498.578.959.128.34
Other Income-17-851-4622-832349
Exceptional items (within Other Income)-12-1.01-1.59-0.8700
Interest14131516171820181715151215
Depreciation24242133323233363637363839
Profit before tax-13-901316212415172530434941
Tax %7-1202931323497622528292427
Net Profit-14189111516071921313730
EPS in Rs-8.90115.596.628.999.910.244.016.707.77111311
Diluted EPS in Rs2.376.707.77111311

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales8761,1951,4001,5551,2771,2671,7422,3543,4633,4063,8634,024
Expenses7971,1061,2731,4381,2301,2361,6672,1713,1933,1223,5223,672
Material Cost1,9412,156
Change in Inventories-23-48
Purchases of Stock-in-Trade44173
Employee Cost470518
Other Expenses691725
Operating Profit7989127117473175184270284341352
OPM %97983.702.504.3088899
Other Income-211910127526-10221218
Exceptional items (within Other Income)-13-3.47
Interest193034353828213568766058
Depreciation4157616666668197132132147151
Profit before tax17134026-45-552658-3278146162
Tax %276640912105849-2695226
Net Profit134242-46-6111305538107119
EPS in Rs124.11212.02-36-426.551834233943
Diluted EPS in Rs1439
Dividend Payout %3714658420000003541

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
16%
5 years
25%
3 years
18%
TTM
16%

Compounded profit growth

10 years
22%
5 years
30%
3 years
47%
TTM
188%

Stock price CAGR

10 years
10%
5 years
27%
3 years
17%
1 year
60%

Return on equity

10 years
9%
5 years
15%
3 years
18%
Last year
15%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital1111121213151616161628
Reserves140147218218171167212225642655723
Borrowings338362357417470470585668851813752
Other Liabilities2122673152902683804174396137851,018
Minority Interest0
Total Liabilities7017879029379221,0321,2301,3492,1222,2692,521
Fixed Assets361365386386382415477490667693739
CWIP728161650311829457395
Investments000111111178
Other Assets3333944995354895867338291,3981,4961,679
Total Assets7017879029379221,0321,2301,3492,1222,2692,521

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity318865456946-688191316219
Cash from Investing Activity-74-77-78-60-103-80-124-106-148-14610
Cash from Financing Activity43-71426342113435-55-176-207
Net Cash Flow-041110-13517-12-623
Free Cash Flow-4410-13-15-34-34-106-20-215984

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days6757645855787465637675
Inventory Days7576737180817667828180
Days Payable117118123899715011591839388
Cash Conversion Cycle251514393893541626467
Working Capital Days-36-33-16-16-36-42-20-143-6-17
ROCE %91310-1-4-012121114

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters737373737373737070707070
FIIs0.0100.010.010.210.080.090.030.040.050.060.33
DIIs0.500.630.4700.130.130.121.041.041.030.970.79
Public272727272727272828282928
No. of Shareholders14,59413,33113,43212,83013,34513,54713,57233,74832,12730,90729,85628,932

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year +51.8% (₹842.75 → ₹1,279.60)Brick size ₹66.95 (fixed)Bricks 17
₹800₹1,000₹1,200₹1,400₹1,280Mar '26Jul '26
Price moved up one brickPrice moved down one brickLast close ₹1,279.60 on 8 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

exports as % of revenue

27.00

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

705inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

News

News and filings about Rane (Madras) Limited. Open one to see why it matters.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Uses as raw material

  • alloy steel / steel bar
  • aluminium alloy (high-pressure die casting)
  • ferrous castings
  • steel forgings
  • steel tubes

Depends on the price of

  • aluminium
  • steel

Products sold by

Sells to

  • Ashok Leyland · steering & suspension linkages (CV)
  • Bosch · Tier-2 export steering components incl. steer-by-wire
  • Daimler · steering (CV); RML received Daimler Quality Excellence award
  • Endurance Technologies Limited · components (seed default-keep; not independently verified this run)
  • FORCE MOTORS LTD · steering & linkage products
  • Hyundai Motor India Limited · steering gear products (PV; Accent)
  • Mahindra & Mahindra · steering & linkage products (UV/tractor; Scorpio)
  • Maruti Suzuki India · manual steering gear products; RML is Maruti's largest steering supplier (Swift)
  • Nexteer · Tier-2 export steering components
  • Polaris · light metal castings / components (Supplier of Excellence award)
  • TAFE · steering & linkage products (tractor); domestic unlisted
  • Tata Motors Passenger Vehicles Limited · steering gear products, suspension & steering linkages; Pantnagar plant supplies gears exc…
  • Toyota · steering gear (PV; Innova)
  • Volvo · steering & suspension (CV)
  • ZF · Tier-2 export steering components

Supplies parts to

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Automobile and Auto Components
Industry
Auto Components & Equipments
Classification
Automobile and Auto Components › Auto Components & Equipments
ISIN
INE050H01012

Plants

  • Rane Light Metal Castings (RLMCA) Kentucky plant
  • Rane Madras Chennai plant
  • Rane Madras Kancheepuram plant
  • Rane Madras Mysore plant
  • Rane Madras Pantnagar plant
  • Rane Madras Sanand plant
  • Rane Madras Thirubuvanai plant

News impact

Big market events that reach Rane (Madras) Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

29 Jul 2026unspecified₹16
29 Jul 2025unspecified₹8
16 Jul 2019unspecified₹4.5
31 Jan 2019interim₹4
17 Jul 2018unspecified₹7.5
1 Feb 2018interim₹4.5
14 Aug 2017unspecified₹4
2 Feb 2017interim₹2

Splits, bonuses & buybacks

  • daily-prices repair: 9 rows from NSE's archive (replace 1, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Bulk & block deals

DateWhoBought / soldSharesPrice
19 Jun 2026NK SECURITIES RESEARCH PRIVATE LIMITEDBUY1,38,598₹1,110.60
19 Jun 2026NK SECURITIES RESEARCH PRIVATE LIMITEDSELL1,38,598₹1,111.62

Insider trades

DisclosedWhoTypeSharesValue ₹ Cr
5 Oct 2026Meenakshi Ganesh · PromoterBUY1,105—

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.