Rane (Madras) Limited (IN:RML)
:RML
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Rane (Madras) Limited
(RML)
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Rating:57Neutral
Price Target:
₹740.00
▼(-12.66% Downside)
Action:ReiteratedDate:10/31/25
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.
Positive Factors
Strong Revenue Growth
A very high reported revenue growth rate indicates expanding OEM business and stronger demand for RML's components. This suggests durable top-line momentum driven by program wins or higher vehicle production, supporting revenue visibility over the next several quarters.
Negative Factors
Elevated Leverage
A debt-to-equity ratio near 1.2 signals meaningful leverage for a parts supplier. High leverage reduces financial flexibility, raises interest obligations and makes the company more vulnerable to demand downturns or margin pressure over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Revenue Growth
A very high reported revenue growth rate indicates expanding OEM business and stronger demand for RML's components. This suggests durable top-line momentum driven by program wins or higher vehicle production, supporting revenue visibility over the next several quarters.
Read all positive factors
Rane (Madras) Limited (RML) vs. iShares MSCI India ETF (INDA)
Market Cap
₹20.47B
Dividend Yield1.07%
Average Volume (3M)800.00
Price to Earnings (P/E)18.1
Beta (1Y)1.58
Revenue Growth54.17%
EPS Growth1117.99%
CountryIN
Employees1,188
SectorConsumer Cyclical
Sector Strength84
IndustryAuto - Parts
Share Statistics
EPS (TTM)11.04
Shares Outstanding27,637,136
10 Day Avg. Volume603
30 Day Avg. Volume800
Financial Highlights & Ratios
PEG Ratio-0.87
Price to Book (P/B)1.53
Price to Sales (P/S)0.30
P/FCF Ratio16.14
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
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 ...
How the Company Makes Money
RML primarily makes money by manufacturing and selling automotive components to vehicle manufacturers (OEMs). Its revenue model is largely business-to-business: (1) OEM supply revenue: long-run series production of steering/suspension and related ...
Rane (Madras) Limited Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
61
Positive
Cash Flow
70
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 32.23B | 34.06B | 34.63B | 23.54B | 17.42B | 12.59B |
| Gross Profit | 11.64B | 8.41B | 6.46B | 6.87B | 6.14B | 3.86B |
| EBITDA | 2.69B | 2.85B | 456.30M | 1.88B | 1.27B | 363.20M |
| Net Income | 463.00M | 376.50M | 30.20M | 300.20M | 106.60M | -611.40M |
Balance Sheet | ||||||
| Total Assets | 24.11B | 22.69B | 13.69B | 13.49B | 12.30B | 10.32B |
| Cash, Cash Equivalents and Short-Term Investments | 790.50M | 432.70M | 383.90M | 284.80M | 128.50M | 124.70M |
| Total Debt | 8.32B | 8.13B | 7.28B | 6.68B | 5.85B | 4.70B |
| Total Liabilities | 17.31B | 15.98B | 11.13B | 11.07B | 10.02B | 8.50B |
| Stockholders Equity | 6.80B | 6.71B | 2.56B | 2.42B | 2.28B | 1.82B |
Cash Flow | ||||||
| Free Cash Flow | -697.60M | 637.00M | -171.00M | -206.80M | -1.06B | -346.80M |
| Operating Cash Flow | 237.80M | 2.48B | 1.20B | 876.40M | -56.50M | 459.10M |
| Investing Cash Flow | 230.30M | -1.53B | -1.57B | -1.06B | -1.24B | -799.70M |
| Financing Cash Flow | -281.40M | -1.02B | -553.60M | 351.20M | 1.34B | 210.60M |
Rane (Madras) Limited Technical Analysis
Negative
847.25
Price Trends
771.48
Negative
772.88
Negative
811.75
Negative
Market Momentum
-22.28
Negative
52.20
Neutral
88.01
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:RML, the sentiment is Negative. The current price of 847.25 is above the 20-day moving average (MA) of 714.71, above the 50-day MA of 771.48, and above the 200-day MA of 811.75, indicating a neutral trend. The MACD of -22.28 indicates Negative momentum. The RSI at 52.20 is Neutral, neither overbought nor oversold. The STOCH value of 88.01 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:RML.
Rane (Madras) Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | ₹9.76B | 13.37 | ― | 0.74% | 4.76% | 150.94% | |
65 Neutral | ₹16.42B | 15.60 | ― | 0.32% | 0.74% | -17.90% | |
63 Neutral | ₹3.32B | 20.06 | ― | 0.24% | 28.08% | 3.19% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
58 Neutral | ₹2.28B | 11.02 | ― | ― | 26.03% | -10.27% | |
57 Neutral | ₹20.47B | 18.11 | ― | 1.07% | 54.17% | 1117.99% | |
48 Neutral | ₹2.49B | -3.18 | ― | ― | -11.18% | -22.17% |
* Consumer Cyclical Sector Average
IN:RML
Rane (Madras) Limited
740.85
77.46
11.68%
IN:JAYBARMARU
Jay Bharat Maruti Limited
90.17
30.26
50.51%
IN:PRITIKAUTO
Pritika Auto Industries Ltd
13.71
-2.06
-13.06%
IN:REMSONSIND
Remsons Industries Limited
95.04
-28.61
-23.14%
IN:SHIVAMAUTO
Shivam Autotech Limited
18.91
-6.70
-26.16%
IN:TALBROAUTO
Talbros Automotive Components Limited
266.05
22.63
9.30%
Rane (Madras) Limited Corporate Events
Rane (Madras) Confirms SEBI-Compliant Dematerialisation for March Quarter
Apr 4, 2026
Rane (Madras) Limited has reported that, for the quarter ended March 31, 2026, all securities dematerialised and rematerialised have been duly processed and reported to the stock exchanges in line with Regulation 74(5) of the SEBI (Depositories an...
Rane (Madras) Sets Board Meet for FY26 Results, Closes Trading Window
Mar 30, 2026
Rane (Madras) Limited has scheduled a board meeting on May 6, 2026 to consider and approve its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. This signals the forthcoming release of key financi...
Rane (Madras) Faces Rs.3.12 Crore Tax Demand After Faceless Assessment Order
Mar 28, 2026
Rane (Madras) Limited has disclosed that the National Faceless Assessment Centre of the Income Tax Department has issued an assessment order for AY 2023-24, resulting in a tax demand of Rs.3.12 crore, excluding any potential penalties. The order f...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.