Rane (Madras) Limited
NSE: RML · Auto Components & Equipments · sector
Key numbers
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 132 companies in Auto Components & Equipments (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹47 cr vs borrowings ₹634 cr (FY26): borrowings are higher by ₹587 cr.
- Operating profit covered interest 3.8x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 1 of the last 5 years (FY22).
- Net loss in 2 of the last 8 quarters.
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 18% of net profit in the last 12 months.
- Debtor days went from 55 (FY24) to 75 (FY26).
- Dividend paid in 1 of the last 5 financial years.
- Price ₹1,178.30 on 2026-10-26: -18.2% from the 52-week high, +93.6% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 529 | 522 | 901 | 881 | 919 | 1,015 | 1,048 | 1,042 |
| EBITDA | 36 | 37 | 67 | 74 | 77 | 90 | 96 | 87 |
| OPM % | 6.7% | 7.1% | 7.4% | 8.4% | 8.4% | 8.9% | 9.1% | 8.3% |
| Other income | 2 | 2 | 4 | 4 | 4 | 4 | 4 | 9 |
| Net profit | -1 | -0 | 7 | 19 | 21 | 31 | 37 | 30 |
| EPS (₹) | -0.42 | -0.14 | 2.37 | 6.70 | 7.77 | 11.04 | 13.37 | 10.89 |
| Revenue YoY | +73.8% | +94.6% | +16.3% | +18.3% | ||||
| Profit YoY | – | – | +466.9% | +62.4% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 17 | 24 | 2,239 | 3,406 | 3,863 | 4,024 |
| EBITDA | 1 | 2 | 40 | 269 | 336 | 350 |
| Net profit | 0 | 0 | 3 | 38 | 107 | 119 |
| EPS (₹) | 6.97 | 18.46 | 1.85 | 13.62 | 38.89 | 43.07 |
| Revenue growth | +35.1% | +9,411.3% | +52.1% | +13.4% | +42.1% | |
| Profit growth | +172.7% | +906.7% | +1,146.7% | +185.5% | +393.0% | |
| Dividend / share (₹) | – | – | – | – | 8.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +447.4% | +25.0% | +42.1% |
| Net profit | +610.1% | – | +393.0% |
| EPS | +28.2% | – | – |
| Share price | – | +9.7% (2y) | +53.0% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 2 | 256 | 671 | 751 |
| Borrowings | – | 7 | 701 | 761 | 634 |
| Cash & equivalents | – | 0 | 24 | 35 | 47 |
| Total assets | – | 13 | 1,369 | 2,269 | 2,521 |
| Fixed assets | – | 5 | 421 | 635 | 624 |
| Capital work in progress | – | 0 | 27 | 73 | 95 |
| Investments | – | 0 | 2 | 7 | 8 |
| Receivables | – | 4 | 339 | 709 | 796 |
| Inventory | – | 3 | 241 | 434 | 497 |
| Payables | – | 3 | 285 | 498 | 551 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | -0 | 1 | 120 | 316 | 219 |
| Cash from investing | -1 | -1 | -110 | -147 | 11 |
| Cash from financing | 1 | 0 | -14 | -176 | -207 |
| Capex | 1 | 1 | 137 | 185 | 191 |
| Free cash flow | -1 | -0 | -17 | 131 | 28 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 12.4% | 1.2% | 5.6% | 14.3% |
| ROCE % | – | 10.2% | -4.8% | 10.6% | 14.8% |
| Debtor days | – | 65 | 55 | 76 | 75 |
| Inventory days | – | 62 | 62 | 81 | 80 |
| Payable days | – | 85 | 74 | 93 | 88 |
| Cash conversion cycle (days) | – | 42 | 43 | 64 | 67 |
| Working capital days | – | -10 | -19 | -2 | -13 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 70.46% |
| FIIs | 0.34% |
| DIIs | 0.78% |
| of which Insurance | 0.77% |
| Public (non-institutions) | 28.42% |
| Quarter | Mar 2025 | Apr 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 72.65% | 70.45% | 70.45% | 70.45% | 70.45% | 70.45% | 70.45% | 70.46% |
| Promoter group | % |
|---|---|
| Rane Holdings Ltd | 63.80% |
| Nisshinbo Holdings INC. | 6.06% |
| Raman T G G | 0.10% |
| Shanthi Narayan | 0.09% |
| Rekha Sundar | 0.08% |
| Rathika R Sundaresan | 0.07% |
| Narayanaswamy Sundaresan | 0.05% |
| Geetha Raman Subramanyam | 0.04% |
| Ranjini R Iyer | 0.04% |
| Aditya Ganesh | 0.03% |
| Aparna Ganesh | 0.03% |
| Vanaja Aghoram | 0.02% |
| Malavika Lakshman [singly] & Malavika Lakshman (Jointly With Harish Lakshman) | 0.02% |
| Rama R Krishnan | 0.02% |
| Meenakshi Ganesh [singly] & Meenakshi Ganesh [jointly With L Ganesh] | 0.01% |
29,140 shareholders. Pledged: 0.00% of promoter shares.
Peers in Auto Components & Equipments
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| MOTHERSON | ₹1,62,274 cr | 37.0x | 4.0x | 11.6% | 12.9% | 9.3% | +17.0% | 0.44% |
| BOSCHLTD | ₹1,32,455 cr | 56.0x | 8.9x | 16.5% | 21.7% | 13.4% | +10.3% | 1.14% |
| BHARATFORG | ₹82,736 cr | 117.2x | 8.7x | 7.5% | 10.0% | 14.0% | +9.2% | 0.46% |
| UNOMINDA | ₹61,747 cr | 51.3x | 9.0x | 19.1% | 16.6% | 10.9% | +20.5% | 0.27% |
| SCHAEFFLER | ₹54,960 cr | 43.9x | 8.9x | 21.6% | 27.8% | 18.2% | – | – |
| SONACOMS | ₹48,637 cr | 69.8x | 8.1x | 12.0% | 15.2% | 23.6% | +18.7% | 0.41% |
| TIINDIA | ₹40,369 cr | 66.5x | 5.2x | 9.1% | 23.6% | 9.2% | +15.2% | 0.42% |
| ENDURANCE | ₹31,415 cr | 32.4x | 4.6x | 15.4% | 16.7% | 13.1% | +18.4% | 0.45% |
| EXIDEIND | ₹28,636 cr | 30.7x | 2.1x | 6.7% | 9.7% | 10.3% | +6.1% | 0.60% |
| RML | ₹3,257 cr | 27.4x | 4.3x | 16.8% | 15.9% | 8.7% | +447.4% | 0.67% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-07-29 | Dividend | Dividend - Rs 16 Per Share |
| 2025-07-29 | Dividend | Dividend - Rs 8 Per Share |
| 2021-07-12 | Other | Annual General Meeting |
| 2020-07-30 | Other | Annual General Meeting |
| 2019-07-16 | Dividend | Annual General Meeting/Dividend Rs 4.50 Per Sh |
| 2019-01-31 | Dividend | Interim Dividend - Rs 4 Share |
| 2018-07-17 | Dividend | Annual General Meeting/Dividend- Rs 7.50 Per Share |
| 2018-02-01 | Dividend | Interim Dividend - Rs 4.50 Per Share |
| 2017-08-14 | Dividend | Dividend - Rs 4/- Per Share |
| 2017-02-02 | Dividend | Interim Dividend Rs 2/- Per Share |
| 2016-03-17 | Dividend | Interim Dividend - Rs 4.50/- Per Share (Purpose Revised) |
| 2015-07-22 | Dividend | Annual General Meeting / Dividend - Rs. 4.50/- Per Share |
| 2014-07-24 | Dividend | Annual General Meeting / Dividend - Rs 5.50/- Per Share |
| 2013-07-11 | Dividend | Annual General Meeting And Dividend Rs.5/- Per Share |
| 2013-01-31 | Dividend | Interim Dividend Rs 2 Per Share |
| 2012-07-05 | Dividend | Annual General Meeting/Dividend Rs 4 Per Share |
| 2012-02-07 | Dividend | Interim Dividend Rs.5.50 Per Share |
| 2011-07-14 | Dividend | Dividend- Rs.2.50 Per Share |
| 2011-02-02 | Dividend | Interim Dividend-Rs.4.50 Per Share |
| 2010-07-12 | Dividend | Final Dividend-Rs.2/- Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Consumer Discretionary |
| Industry | Auto Components & Equipments |
| Sub-industry | Auto Components & Equipments |
| Symbol | RML |
| BSE code | 532661 |
| ISIN | INE050H01012 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.