Rane (Madras) Limited

Rane (Madras) Limited (RML) is a micro-cap Automobile and Auto Components company valued at ₹3,527 crore operating in Auto Components & Equipments on the NSE and BSE.

Recent price move

Rane (Madras) Limited last traded at ₹1,275, down 2.50% on the day.

Recent developments

On 2026-07-29, the company announced a dividend of ₹16.00 per share, effective from that date. Promoter holding remained at 70.45% as of 2026-06-30, with foreign institutional holding increasing by 0.27 percentage points and domestic institutional holding decreasing by 0.19 percentage points in the quarter.

Financial performance

The company's business has improved significantly, with annual revenue rising 13.4% and net profit surging 182.8%. The latest quarter saw revenue increase 18.2% compared to the same quarter a year earlier, while net profit jumped 58.4%, reflecting strong growth in both revenue and profitability.

Valuation multiples

The stock trades at 19.2 times earnings, 5.20 times book value. It yields 1.1%.

Things to watch

The company's return on equity is 0.0%, indicating no return to shareholders from retained earnings. The stock is 6.7% below its 52-week high, and the return on capital employed is 13.6%, which is lower than the industry average. The debt to equity ratio is 1.00, suggesting moderate leverage.

Where it stands

Rane (Madras) Limited has shown strong growth in both revenue and net profit, with the latest quarter reflecting a significant increase in profitability. The company's return on capital employed is 13.6%, and the stock is 6.7% below its 52-week high. The most significant movement is the sharp rise in net profit, which reached ₹30 crore in the latest quarter.

Summarised by DocStoX's model on 2026-10-03 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.