Rane (Madras) Limited (RML) AI Stock Analysis

• Market Cap: ₹23.32B
• Dividend Yield: 0.95%
• Average Volume (3M): 800.00
• Price to Earnings (P/E): 83.1
• Beta (1Y): 1.26
• Revenue Growth: 30.38%
• EPS Growth: -20.93%
• Country: IN
• Employees: 1,188
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Auto - Parts
• EPS (TTM): N/A
• Shares Outstanding: 27,637,136
• 10 Day Avg. Volume: 603
• 30 Day Avg. Volume: 800
• PEG Ratio: -0.87
• Price to Book (P/B): 1.53
• Price to Sales (P/S): 0.30
• P/FCF Ratio: 16.14
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 57 Neutral
• Price Target: ₹856.00 ▲(1.43% Upside)

Rane (Madras) Limited's financial performance is a key strength, with improvements in revenue and profitability. However, technical indicators suggest a bearish trend, and the high P/E ratio indicates potential overvaluation. The lack of earnings call data and corporate events limits further insights.

Rane (Madras) Limited Business Overview & Revenue Model

Company Description

Rane (Madras) Limited manufactures and sells auto components in India and internationally. It offers steering gears; steering and suspension linkage products; and high precision aluminum die castings. The company markets and sells its products to the manufacturers of passenger cars, utility vehicles, and farm tractors. It also exports its products. The company was founded in 1960 and is headquartered in Chennai, India. Rane (Madras) Limited is a subsidiary of Rane Holdings Limited.

How the Company Makes Money

Rane (Madras) Limited generates revenue primarily through the manufacturing and sale of automotive components. Its key revenue streams include the sale of steering and suspension systems to original equipment manufacturers (OEMs) and aftermarket segments. The company has established significant partnerships with major automotive manufacturers, which helps secure long-term contracts and a steady flow of orders. Additionally, RML focuses on research and development to innovate its product offerings, which enhances its competitive edge and allows for premium pricing. The company's geographical diversification into international markets further contributes to its earnings, as it capitalizes on the growing global demand for automotive components.

Rane (Madras) Limited Financial Statement Overview

Summary

Rane (Madras) Limited shows positive financial momentum with improvements in revenue and profit margins. However, leverage remains a concern with a debt-to-equity ratio of 1.21, and operational efficiency could be improved.

Income Statement

Rane (Madras) Limited has demonstrated strong revenue growth from the previous year, with a significant increase in gross profit margin from 29.3% to 24.7%. The net profit margin improved from a negative to 1.1%, indicating a transition to profitability. However, EBIT and EBITDA margins remain moderate at 4.4% and 8.4%, respectively, suggesting room for operational efficiency improvements.

Balance Sheet

The company's debt-to-equity ratio stands at 1.21, indicating a moderate level of leverage. The return on equity has improved to 5.6%, reflecting better profitability. The equity ratio is at 29.6%, showing a stable capital structure, but with potential risks due to high debt levels.

Cash Flow

Rane (Madras) Limited has shown a strong improvement in operating cash flow, with a positive free cash flow indicating better cash management. The operating cash flow to net income ratio is high, demonstrating efficient cash generation relative to earnings. Despite this, the free cash flow growth rate suggests volatility in capital expenditures and cash reserves.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	28.33B	34.06B	34.63B	23.54B	17.42B	12.59B
Gross Profit	9.76B	8.41B	6.46B	6.87B	6.14B	3.86B
EBITDA	2.25B	2.85B	456.30M	1.88B	1.27B	363.20M
Net Income	241.50M	376.50M	30.20M	300.20M	106.60M	-611.40M
Balance Sheet
Total Assets	0.00	22.69B	13.69B	13.49B	12.30B	10.32B
Cash, Cash Equivalents and Short-Term Investments	337.80M	432.70M	383.90M	284.80M	128.50M	124.70M
Total Debt	0.00	8.13B	7.28B	6.68B	5.85B	4.70B
Total Liabilities	-6.71B	15.98B	11.13B	11.07B	10.02B	8.50B
Stockholders Equity	6.71B	6.71B	2.56B	2.42B	2.28B	1.82B
Cash Flow
Free Cash Flow	0.00	637.00M	-171.00M	-206.80M	-1.06B	-346.80M
Operating Cash Flow	0.00	2.48B	1.20B	876.40M	-56.50M	459.10M
Investing Cash Flow	0.00	-1.53B	-1.57B	-1.06B	-1.24B	-799.70M
Financing Cash Flow	0.00	-1.02B	-553.60M	351.20M	1.34B	210.60M

Rane (Madras) Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 843.95
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:RML, the sentiment is Positive. The current price of 843.95 is above the 20-day moving average (MA) of 825.33, above the 50-day MA of 839.31, and above the 200-day MA of 786.77, indicating a bullish trend. The MACD of -3.93 indicates Negative momentum. The RSI at 57.19 is Neutral, neither overbought nor oversold. The STOCH value of 46.72 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:RML.

Rane (Madras) Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
REMSONSIND	69 Neutral	₹5.13B	33.54	―	0.20%	26.47%	-4.62%
TALBROAUTO	69 Neutral	₹17.95B	18.69	―	0.41%	3.71%	-15.16%
JAYBARMARU	63 Neutral	₹9.91B	19.50	―	0.76%	0.93%	88.42%
PRITIKAUTO	62 Neutral	₹2.59B	14.34	―	―	13.93%	0.25%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
RML	57 Neutral	₹23.32B	83.07	―	0.95%	30.38%	-20.93%
SHIVAMAUTO	51 Neutral	₹3.96B	-6.94	―	―	-9.04%	-10.81%

Rane (Madras) Limited Corporate Events

Rane (Madras) Limited Opens Special Window for Physical Share Transfers

Rane (Madras) Limited has announced a special window for the re-lodgement of transfer requests for physical shares, as per the SEBI Circular dated July 2, 2025. This move is part of the company’s compliance with SEBI regulations and aims to facilitate shareholders in managing their physical share transfers, reinforcing the company’s commitment to adhering to regulatory standards.