loader2
Partner With Us NRI

Rane Holdings Ltd

Company details

865.40
874.15
552.00
977.40
6M Return 29.51%
1Y Return 44.17%
Mkt Cap.(Cr) 1,248.11
Volume 25
Div Yield 1.38%
OI
-
OI Chg %
-
Volume 25

Open Free Demat Account Online with ICICIDIRECT

Rane Holdings Ltd.

Q2FY23 Quarterly Result Announced for Rane Holdings Ltd.

Auto part & equipment manufacturer Rane Holdings announced Q2FY23 results:

  • Consolidated Q2 FY23:
    • Total Revenue was Rs.883.8 Crore in Q2FY23 compared to Rs.697.3 Crore in Q2 FY22, an increase of 26.7%
    • EBITDA stood at Rs.66.8 Crore compared to Rs.47.2 Crore during Q2FY22, an increase of 41.5%
    • EBITDA Margin at 7.6% for Q2FY23 against 6.8% in Q2FY22
    • PAT stood at Rs.23.3 Crore for Q2 FY23 compared to Rs.16.5 Crore in Q2 FY22, an increase of 41.1%
  • Consolidated H1FY23:
    • Total Revenue was Rs.1,704.9 Crore in H1FY23 compared to Rs.1,223.1 Crore in H1FY22, an increase of 39.4%
    • EBITDA stood at Rs.124.8 Crore compared to Rs.70.6 Crore during H1FY22, an increase of 76.8%
    • EBITDA Margin at 7.3% for H1FY23 against 5.8% in H1FY22
    • PAT stood at Rs.43.9 Crore for H1 FY23 compared to Rs.37.3 Crore in H1FY22, an increase of 17.8%

"The group companies posted strong revenue growth supported by favourable demand from Indian OE and Export customers. Higher volumes and improved operational performance helped to mitigate material price increases. The demand environment remains strong with the ongoing festive season, however we remain cautious given the global economic situation and tightening monetary policy." - L. Ganesh, Chairman & Managing Director, Rane Holdings Ltd.

Result PDF

View Other Company Results

FINANCIALS

Sales

Operating Profit

Profit after Tax

Equity

Reserves and Surplus

Debt

Sales

Operating Profit

Profit after Tax

PE

Debt/Equity

P BV

COMPARISION

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 776.22 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 9,798.25 -25,291.97
LAST 3M 27,044.95 -25,544.90
LAST 6M 49,131.67 47,902.81
LAST 12M 178,925.96 -114,950.83

INFORMATION

Stock PE (TTM)

41.77

Promoter Holding

46.57%

Book Value

567.8221

ROCE

4.28%

ROE

1.93%

Description

  • Rane (Madras) [RML] is the flagship of the Madras-based Rane group of companies. The other major group companies are Rane Brake Linings, Engine Valves, Rane Power Steerings Limited. The company has two main product lines -- Tie Rod Ends (TREs) and Steering Gears (SGs) used in steering systems of four-wheelers. Production of TREs, in Madras, is in technical collaboration with TRW Ehrenreich, Germany. The company distributes auto ancillaries of international giants like General Motors, Reynold and American Autos. RML floated a wholly-owned subsidiary, Rane Power Steering (RPSL), in technical collaboration with TRW, US, to manufacture power steering systems used in heavy vehicles and luxury passenger cars. The manual rack and pinion steering gear facility at Pondicherry commenced trial production in the first quarter of 1996. The joint venture company TRW Rane Occupants Restriants for the manufacture of occupant restriant systems viz., seat belts has completed the erection of plant and machinery and the orders have also been received. During 1996-97, RML entered into a joint venture with NSK, Japan and Torrington Company, U.S., for the manufacture of energy absorbing steering columns at Vallancherry, Tamil Nadu. In 2000-01 installed capacity of Steering Gear Products have increased to 464400 No p.a. when compared to previous year of 459000 No. The company has successfully absorbed technology from NSK Japan for the manufacture of VRST gears. The name of the company has been changed during April 2005 from Rane (Madras) Ltd to Rane Holdings Ltd.

No Data Found

AGM Date (Month) : Aug
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 505800
NSE Code : RANEHOLDIN
Book Closure Date (Month) :
BSE Group : B
ISIN : INE384A01010

ICICIdirect Rane Holdings Ltd FAQ

You can buy Rane Holdings Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Rane Holdings Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Jan 31, 2023 04:01 PM the closing price of Rane Holdings Ltd was ₹ 874.15.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Jan 31, 2023 04:01 PM, the market cap of Rane Holdings Ltd stood at ₹ 1,248.11.
The latest PE ratio of Rane Holdings Ltd as of Jan 31, 2023 04:01 PM is 41.77
The latest PB ratio of Rane Holdings Ltd as of Jan 31, 2023 04:01 PM is 0.65
The 52-week high of Rane Holdings Ltd is ₹ 977.40 while the 52-week low is ₹ 552.00

Download Our App

market app
market app