Rane Holdings Limited (RANEHOLDIN) AI Stock Analysis

• Market Cap: ₹18.59B
• Dividend Yield: 2.97%
• Average Volume (3M): 1.19K
• Price to Earnings (P/E): 21.4
• Beta (1Y): 1.06
• Revenue Growth: 54.99%
• EPS Growth: -66.73%
• Country: IN
• Employees: 113
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Auto - Parts
• EPS (TTM): 16.45
• Shares Outstanding: 14,277,809
• 10 Day Avg. Volume: 817
• 30 Day Avg. Volume: 1,188
• PEG Ratio: 0.13
• Price to Book (P/B): 1.68
• Price to Sales (P/S): 0.43
• P/FCF Ratio: 7.53
• 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: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 60 Neutral
• Price Target: ₹1,451.00 ▲(3.85% Upside)

Rane Holdings Limited's overall stock score is primarily driven by its strong financial performance, which is offset by bearish technical indicators. The valuation is moderate, providing some stability but lacking significant upside potential. The absence of earnings call data and corporate events does not impact the score.

Positive Factors

Revenue Growth

The company's robust revenue growth indicates expanding market reach and product adoption, which is crucial for long-term sustainability and competitiveness in the automotive sector.

Cash Flow Management

Effective cash flow management enhances financial flexibility, allowing for strategic investments and resilience against economic fluctuations, supporting sustained growth.

Leverage Management

Prudent leverage management reduces financial risk and interest burden, improving the company's ability to invest in growth opportunities and maintain stability.

Negative Factors

Profit Margin Pressure

Decreasing profit margins can limit profitability despite revenue growth, indicating potential challenges in cost management that could impact long-term financial health.

Equity Ratio

A moderate equity ratio may limit financial flexibility, suggesting the need for stronger equity to support growth initiatives and reduce reliance on debt.

Cost of Goods Sold

Rising costs can erode profitability, necessitating improved cost control measures to sustain margins and competitive positioning in the market.

Rane Holdings Limited Business Overview & Revenue Model

Company Description

Rane Holdings Limited, together with its subsidiaries, manufactures and markets automotive components for the transportation industry in India and internationally. It offers steering and suspension systems comprising manual steering gears, steering linkages, suspension components, hydraulic products, power steering fluid- power cruises, intermediate shafts, and universal joint assemblies; hydraulic power rack and pinion steering gear, power steering gear, and power steering pump assemblies; and electric power steering, solid steering, energy absorbing and collapsible, and tilt and telescopic steering columns. The company also provides valve train components, including engine valves, and valve guides and mechanical tappets; friction material products, such as brake linings, disc pads, railways brake blocks, clutch facings, and commercial vehicle and sintered brake pads; and occupant safety systems, including seat belts and air bags. In addition, it offers light metal casting products comprising hydraulic pinion housings, pump housings, EPAS outboard and pinion housings, luminaries, timing case covers, engine oil sumps, gear cases, brake and transmission housings, and battery housings; telematics solutions; and aftermarket products consisting of chassis and engine parts. Further, the company provides and connected mobility solutions, as well as exports its products. It primarily serves passenger and commercial vehicles, farm tractors, two-wheelers, and railways and stationary engines segments. The company was formerly known as Rane (Madras) Limited and changed its name to Rane Holdings Limited in July 2004. Rane Holdings Limited was founded in 1929 and is headquartered in Chennai, India.

How the Company Makes Money

Rane Holdings Limited generates revenue primarily through the sale of its automotive components to original equipment manufacturers (OEMs) and aftermarket suppliers. The company's key revenue streams include the manufacturing and distribution of steering systems and suspension products, which are critical for vehicle performance. Additionally, Rane Holdings benefits from long-term partnerships with major automotive manufacturers, providing a steady demand for its products. The company also engages in research and development to innovate new products, ensuring a competitive edge in the market that can lead to increased sales and profitability. Furthermore, the company may experience revenue growth through expanding its presence in international markets and diversifying its product offerings to meet evolving customer needs.

Rane Holdings Limited Financial Statement Overview

Summary

Rane Holdings Limited has demonstrated strong revenue growth and improving profitability metrics. The balance sheet shows prudent leverage management, while cash flow statements highlight effective cash generation and capital allocation. Despite some areas for improvement in maintaining higher profit margins, the overall financial health of the company is sound.

Income Statement

Rane Holdings Limited has demonstrated a strong recovery in revenue, with significant growth of 25.3% from 2024 to 2025. Gross and net profit margins have improved, indicating enhanced efficiency and profitability. The EBITDA margin has also strengthened, showcasing better operational performance. However, compared to earlier years, gross profit margin has slightly decreased due to higher cost of goods sold, which is a potential area of concern.

Balance Sheet

The company's balance sheet indicates a relatively stable financial position. The debt-to-equity ratio has been reduced to 0.96, reflecting better leverage management. Return on equity has improved, indicating higher profitability for shareholders. However, the equity ratio remains moderate at 31.1%, suggesting a balanced approach to financing with room for improvement in equity strengthening.

Cash Flow

Rane Holdings has shown impressive cash flow management, with a substantial increase in free cash flow to INR 2.47 billion in 2025. The operating cash flow to net income ratio is strong, reflecting efficient cash generation from operations. The growing free cash flow indicates effective capital expenditure management, enhancing the company's financial flexibility.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	48.72B	43.62B	35.30B	35.08B	26.77B	20.25B
Gross Profit	13.89B	9.15B	13.32B	14.80B	9.22B	7.39B
EBITDA	6.11B	5.48B	2.83B	3.30B	2.44B	1.27B
Net Income	2.41B	2.07B	1.24B	622.70M	241.40M	-505.70M
Balance Sheet
Total Assets	0.00	35.61B	26.46B	25.92B	24.68B	22.82B
Cash, Cash Equivalents and Short-Term Investments	746.40M	762.60M	646.70M	725.80M	407.00M	861.40M
Total Debt	0.00	10.60B	8.53B	8.66B	8.01B	6.72B
Total Liabilities	-13.49B	22.12B	14.77B	15.41B	14.63B	12.96B
Stockholders Equity	13.49B	11.06B	9.06B	8.08B	7.76B	7.64B
Cash Flow
Free Cash Flow	0.00	2.47B	243.50M	280.40M	-1.18B	297.60M
Operating Cash Flow	0.00	4.71B	2.33B	1.86B	153.30M	1.32B
Investing Cash Flow	0.00	-2.43B	-1.14B	-1.52B	-1.14B	-962.80M
Financing Cash Flow	0.00	-2.39B	-1.38B	-141.80M	650.10M	-355.50M

Rane Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1397.25
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:RANEHOLDIN, the sentiment is Negative. The current price of 1397.25 is above the 20-day moving average (MA) of 1346.33, below the 50-day MA of 1397.30, and below the 200-day MA of 1452.56, indicating a bearish trend. The MACD of -10.74 indicates Positive momentum. The RSI at 40.56 is Neutral, neither overbought nor oversold. The STOCH value of 8.87 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:RANEHOLDIN.

Rane Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IMPAL	70 Outperform	₹12.60B	14.63	―	2.86%	―	―
LUMAXIND	66 Neutral	₹51.91B	34.77	―	0.62%	26.75%	20.28%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
TALBROAUTO	61 Neutral	₹17.26B	18.04	―	0.32%	0.74%	-17.90%
RANEHOLDIN	60 Neutral	₹18.59B	21.40	―	2.97%	54.99%	-66.73%
RML	57 Neutral	₹21.71B	42.83	―	1.07%	54.17%	1117.99%

Rane Holdings Limited Corporate Events

Rane Holdings Subsidiary to Contest Transfer Pricing Order with Rs 0.59 Crore Impact

Rane Holdings has disclosed that its wholly owned subsidiary, Rane Steering Systems Private Limited, has received an order from the Office of the Deputy Commissioner of Income Tax, Transfer Pricing, Chennai, under Section 92CA(3) of the Income Tax Act, 1961. The order proposes a downward adjustment of Rs 2.33 crore related to purchase of raw material transactions for Assessment Year 2023-24 (FY 2022-23), stemming from the exclusion of miscellaneous expenses and rates and taxes from the computation of operating margin, with an expected financial implication of about Rs 0.59 crore (excluding interest and penalties). RSSL is consulting tax advisors and plans to contest the order before the appropriate authority, indicating that the company is actively disputing the transfer pricing adjustment while signaling a limited but notable potential financial impact for stakeholders.

Rane Holdings Discloses Inter Se Share Transfer Among Promoter Group

Rane Holdings Limited has notified the stock exchanges of an inter se transfer of shares within its promoter and promoter group, in compliance with SEBI’s Prohibition of Insider Trading Regulations, 2015. Promoter Rathika R Sundaresan has transferred 52,500 equity shares, while promoter group members Ganesh L (jointly with Meenakshi Ganesh) and Harish Lakshman have each purchased 26,250 equity shares, leaving Sundaresan with a reduced but still significant stake. The disclosure underscores that the transaction is an internal rebalancing of holdings among promoters rather than an external divestment, signalling continuity of promoter control and governance stability for shareholders.

Rane Holdings Limited Reports No Activity in Share Transfer Requests

Rane Holdings Limited has provided an update regarding the re-lodgement of transfer requests for physical shares for the period ending November 30, 2025. The report indicates that there were no requests received, processed, approved, or rejected during this period, and thus, the average processing time is not applicable. This update reflects the company’s compliance with SEBI regulations and ensures transparency in its operations, although it does not indicate any immediate impact on the company’s operations or stakeholder interests.

Rane Holdings Opens Special Window for Physical Share Transfers

Rane Holdings Limited has announced a special window for the re-lodgement of transfer requests for physical shares, as per SEBI regulations. This move is part of the company’s compliance with SEBI’s guidelines and aims to facilitate shareholders in managing their physical share transfers more efficiently.

Rane Holdings Schedules Investor and Analyst Meet

Rane Holdings Limited has announced a scheduled meeting with analysts and investors on November 27, 2025, in Chennai. This meeting, organized in compliance with SEBI regulations, aims to engage stakeholders without sharing any unpublished price-sensitive information, reflecting the company’s commitment to transparency and regulatory adherence.

Rane Holdings Reports Strong Financial Performance for Half-Year Ending September 2025

Rane Holdings Limited announced the approval of its un-audited financial results for the quarter and half-year ending September 30, 2025. The results indicate a strong financial performance with a significant profit before tax of Rs. 6,145 lakhs for the half-year, reflecting the company’s robust position in the market. The comprehensive income for the period also showed growth, underscoring the company’s effective operational strategies and market resilience.

Rane Holdings Subsidiary Resolves Tax Dispute with Reduced Demand

Rane Holdings Limited announced that its subsidiary, Rane Steering Systems Private Limited, received an order from the Assistant Commissioner (ST) in Chennai regarding a tax demand of Rs.1.09 lakhs. This demand, significantly reduced from an earlier notice of Rs.20.21 crores, pertains to discrepancies in Input Tax Credit claims. The company has decided to comply with the order and pay the demand, considering the amount negligible, and does not plan to pursue the matter further.

Rane Holdings Approves Rs. 25 Crore Loan to Subsidiary

Rane Holdings Limited’s Finance Committee has approved a short-term inter-corporate loan of up to Rs. 25 Crores to its wholly-owned subsidiary, Rane Steering Systems Private Limited. This financial support is intended for general corporate purposes and operational expenses, reflecting the company’s strategic move to bolster its subsidiary’s operations and maintain its market position.