MarketFriction

Rane Holdings Ltd

NSE RANEHOLDIN · BSE 505800 · Holding Company
₹1,518.70 -0.73%
NSE close2026-10-01
52 week range981.00 - 1,894.50
Market cap₹2,207 Cr.
P/E28.0
Results 12-11 Price band 20% Delivery 60.1%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales9288378708319161,2411,3741,3411,3991,5351,6091,587
Expenses8587477877588351,1621,2781,2391,3021,4921,4831,480
Operating Profit709083738178951029742126107
OPM %8%11%10%9%9%6%7%8%7%2.8%8%7%
Other Income-641914102221310332143728
Interest171817172024242119191520
Depreciation353235333547525052525555
Profit before tax-4659453324819296347-259261
Tax %-212%18%15%40%25%78%60%9%33%55%5%20%
Net Profit514838201854125731-408848
EPS in Rs28.4627.2921.999.19124.442.276.5835.5716.45-35.4151.9426.17
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales2,4072,2582,3452,5532,1592,0382,6953,5113,5414,3745,8916,129
Expenses2,1742,0232,1012,3182,0131,9512,5193,1903,2084,0335,4655,757
Operating Profit23323524423614688176321332340426373
OPM %10%10%10%9%7%4.3%7%9%9%8%7%6%
Other Income361761551362341619-482423690
Interest454446505140345071867574
Depreciation114106118126128120129142137168210214
Profit before tax109261235195-10-317413876329177174
Tax %29%30%37%41%5%93%52%37%-98%33%23%
Net Profit79182149116-10-603587150221137128
EPS in Rs45.9093.4191.2572.65-1.91-35.4216.9143.6186.69145.1368.5559.15
Dividend Payout %22%9%16%26%-420%0%71%39%29%26%69%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth9%24%19%26%
Compounded Profit Growth3%26%4%6%
Stock Price CAGR7%21%8%-2%
Return on Equity7%6%7%7%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital141414141414141414141414
Reserves5305766997908518087507627948921,0921,140
Borrowings4705964595015776336727888668531,0601,021
Other Liabilities6367036707737787088348969148851,3771,654
Total Liabilities1,6491,8891,8422,0782,2212,1632,2712,4602,5882,6453,5423,829
Fixed Assets8099807808057988068018438667991,1401,179
CWIP55213228335234283845131175
Investments3228307347387369379353345373369296
Other Assets7538607228971,0039371,0561,2361,3391,4281,9022,178
Total Assets1,6491,8891,8422,0782,2212,1632,2712,4602,5882,6453,5423,829
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity19817416013211018013215186233513280
Cash from Investing Activity-120-157-26-66-87-124-96-114-152-105-195-1
Cash from Financing Activity-80-20-129-50-16-33-3665-14-138-324-256
Net Cash Flow-2-35167240-3420-9-623
Free Cash Flow89141188-93354-117296632163
CFO/OP104%92%86%72%68%140%182%33%77%85%154%78%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days596558716961877867627766
Inventory Days70717676821049910085827663
Days Payable88101115122103116162125948210580
Cash Conversion Cycle403518254749235357624848
Working Capital Days-13-10-9-2-249486057574532
ROCE %12%11%17%18%16%3%-1%4%11%13%10%10%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters46.58%46.58%46.58%46.58%46.55%46.55%46.55%46.55%46.55%46.55%46.63%46.64%
FIIs0.39%0.41%0.40%0.49%0.92%0.85%0.81%0.82%1.05%0.82%0.76%0.93%
DIIs2.02%1.70%1.59%1.77%3.14%3.81%3.84%3.83%4.03%4.09%4.11%3.39%
Public51.02%51.31%51.43%51.17%49.38%48.78%48.79%48.79%48.36%48.54%48.48%49.05%
No. of Shareholders14,23614,14514,13214,27715,41515,91115,86915,96816,24815,99315,63515,390

Fundamentals

Market Cap₹ 2,207 Cr.
Current Price₹ 1,541
Stock P/E28.0
Book Value₹ 808
ROCE9.52 %
ROE7.00 %
Dividend Yield3.05 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)26%
Compounded Profit Growth (TTM)6%
Consolidated figures.
Valuation
Market capRs 2,168 Cr
Enterprise valueRs 3,135 Cr
P/E (TTM)25.67x
Price to book1.88x
Price to sales0.35x
EV / EBITDA6.78x
EV / EBIT12.63x
EV / sales0.51x
Price to cash flow7.76x
Earnings yield3.90%
Dividend yield3.10%
P/E, 3-year average11.90x
P/B, 3-year average1.52x
P/E, 5-year average13.89x
P/B, 5-year average1.53x
Profitability
Operating margin (excl. other income)7.23%
Operating margin (incl. other income)7.84%
EBITDA margin7.54%
Pre-tax margin2.84%
Net profit margin1.38%
Net margin, latest quarter2.35%
ROE8.66%
ROCE11.61%
ROA2.66%
ROE, 3-year average14.57%
ROCE, 3-year average13.76%
ROA, 3-year average4.70%
ROE, 5-year average10.94%
ROCE, 5-year average12.01%
ROA, 5-year average3.51%
ROIC (approx.)9.05%
Tax rate22.68%
Other income / net worth3.12%
Growth
Sales growth (latest year)34.68%
Profit growth (latest year)-52.77%
Sales CAGR, 3 years18.83%
Sales CAGR, 5 years23.64%
Profit CAGR, 3 years16.27%
Sales growth QoQ-1.35%
Profit growth QoQ-49.61%
Sales growth YoY (latest quarter)18.35%
Profit growth YoY (latest quarter)-26.41%
Per share
EPS (TTM)Rs 59.15
EPS (latest year)Rs 68.55
EPS (latest quarter)Rs 26.17
EPS, 3-year averageRs 100.12
EPS, 5-year averageRs 86.00
Book value per shareRs 808.13
Sales per shareRs 4,292.93
Cash flow per shareRs 195.79
Free cash flow per shareRs 44.12
Dividend per share (latest year)Rs 47.01
Dividend per share, 3-year averageRs 36.67
Dividend per share, 5-year averageRs 31.76
Dividends
Dividend payout68.58%
Dividend payout, 3-year average41.20%
Dividend payout, 5-year average46.72%
Efficiency
Asset turnover1.54x
Fixed asset turnover5.00x
Inventory turnover6.92x
Inventory days53 days
Debtor days66 days
Debtors turnover5.53x
Creditor days80 days
Cash conversion cycle48 days
Working capital days32 days
Leverage
Total debtRs 1,021 Cr
Cash and bankRs 55 Cr
Net debtRs 966 Cr
Debt to equity0.88x
Net debt / EBITDA2.09x
Interest coverage3.36x
Current ratio (filing 2026-03-31)0.88x
Quick ratio (filing 2026-03-31)0.58x
Trade payables (filing 2026-03-31)Rs 826 Cr
Owners' fund to total sources30.14%
Debt to assets26.67%
Cash flow
Cash from Operating Activity (latest year)Rs 280 Cr
Cash from Investing Activity (latest year)Rs -1 Cr
Cash from Financing Activity (latest year)Rs -256 Cr
Net Cash Flow (latest year)Rs 23 Cr
Free cash flow (latest year)Rs 63 Cr
FCFE (approx.: FCF + change in debt)Rs 24 Cr
Cash from ops / profit, 5 years1.95x
Sales to cash flow21.07x
Statement figures
Net sales (TTM)Rs 6,129 Cr
Net sales (latest year)Rs 5,891 Cr
Sales (latest quarter)Rs 1,587 Cr
Operating profit excl. other income (latest year)Rs 426 Cr
Operating profit (latest quarter)Rs 107 Cr
Other income (TTM)Rs 90 Cr
EBITDA (TTM)Rs 462 Cr
PBDT (TTM)Rs 388 Cr
Profit before tax (TTM)Rs 174 Cr
Tax (latest year)Rs 40 Cr
Net profit (TTM)Rs 84 Cr
Net profit (latest year)Rs 98 Cr
Net profit (latest quarter)Rs 37 Cr
Depreciation (TTM)Rs 214 Cr
Depreciation (latest quarter)Rs 55 Cr
Interest (TTM)Rs 74 Cr
Cost of goods sold (latest year)Rs 4,449 Cr
Total expenditure (latest year)Rs 5,465 Cr
Total income (latest year)Rs 5,927 Cr
Share capitalRs 14 Cr
ReservesRs 1,140 Cr
Shareholders' fundsRs 1,154 Cr
Total assetsRs 3,829 Cr
Net blockRs 1,179 Cr
Capital work in progressRs 175 Cr
InvestmentsRs 296 Cr
ReceivablesRs 1,066 Cr
InventoryRs 642 Cr
Other liabilitiesRs 1,654 Cr
Shares outstanding (crore)1.43
Ownership
Promoter holding46.64% (+0.09 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 25.7 is at the 65th percentile of its own 7.4-year range (median 21.4, low 4.4, high 56.1).
P/B 1.88 is at the 52th percentile (median 1.81).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodRANEHOLDINNifty 50Difference
1 week-4.5%-2.8% -1.7 pts
1 month-2.7%-6.8% +4.1 pts
3 months-12.9%-7.6% -5.3 pts
6 months+53.1%+0.4% +52.7 pts
1 year-8.4%-9.9% +1.5 pts
2 years-26.8%-13.6% -13.2 pts
3 years+25.3%+14.2% +11.2 pts
5 years+151.8%+27.9% +123.9 pts
3 mutual fund schemes hold about ₹39 Cr. Over three months 0 bought more and 2 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Bandhan Small Cap Fund0.07%24 -10%
Bandhan Transportation and Logistics Fund1.93%15 -3%
Bank of India Flexi Cap Fund0.00%0 -100%

Red flags

F-score 6 of 8
lookRegulator order or action Regulator order or action 2026-01-11: Disclosure on Order received by the wholly owned subsidiary company - Rane Steering Systems Private Limited from Income Tax Authority, Chenn
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹1,587 Cr +18.3% vs Jun 2025. Net profit ₹48 Cr -15.8%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-08-06Dividend - Rs 47 Per Share
2025-07-29Dividend - Rs 38 Per Share
2024-07-26Annual General Meeting/Dividend - Rs 25 Per Share
2023-07-28Annual General Meeting/Dividend - Rs 17 Per Share
2021-07-29 Annual General Meeting
2020-08-06 Annual General Meeting/Dividend - Rs 4 Per Share
2020-02-17 Interim Dividend - Rs 4 Per Share
2019-07-31 Dividend - Rs 11 Per Share
2019-02-15 Interim Dividend - Rs 8 Per Share
2018-07-25 Annual General Meeting / Dividend- Rs 9 Per Share
2018-02-15 Interim Dividend Rs 5.50 Per Share
2017-08-23 Annual General Meeting/ Dividend -Rs 5/- Per Share
2017-02-17 Interim Dividend Rs 3.50 Per Share
2016-03-17 Interim Dividend - Rs 10/- Per Share (Purpose Revised)
2015-08-03Annual General Meeting/ Dividend - Rs 7.50/- Per Share
2014-07-31Annual General Meeting / Dividend - Rs 6.50/- Per Share
2013-08-01Annual General Meeting And Dividend Rs.4.50 Per Share
2013-02-14Interim Dividend Rs 3.50 Per Share
2012-08-02Annual General Meeting And Dividend - Rs.4/- Per Share
2012-02-15Interim Dividend Rs.6/- Per Share
2011-07-28Dividend-Rs.5/- Per Share
2011-02-14Interim Dividend-Rs.7.50 Per Share
2010-07-22Final Dividend Rs.2/- Per Share
2010-02-02Int Div-Rs.6/- Per Share Purpose Revised
2009-07-23Annual General Meeting
2009-02-12Int Div-Rs.4 Per Share
2008-07-24Annual General Meeting
2008-03-31Int Div-Rs.6/- Per Share Purpose Revised
2007-07-26Agm
2007-03-232nd Int Div-Rs4.50 Per Shpurpose Revised
2007-01-25Int Div-Rs.3/- Per Share Purpose Revised
2006-07-20Agm/Final Dividend-20%
DateTypeWhat it says
2026-09-28LitigationThis is to inform you that Rane Steering Systems Private Limited, Wholly Owned Subsidiary of the Company has received a GST Show Cause Notice for its ...
2026-09-25LitigationThis is to inform you that Rane Steering Systems Private Limited, Wholly Owned Subsidiary of the Company has received Show Cause Notice(s) from the Of...
2026-08-27Concall / analyst meetThe transcript of the earnings Conference call is available in the investor information section of the website of the Company at the web-link https://...
2026-08-27Credit Rating- NewESG Ratings
2026-08-21Concall / analyst meetThe audio recordings of the earnings Conference call is available in the investor information section of the website of the Company at the web-link ht...
2026-08-20Investor PresentationInvestor Presentation
2026-08-18Concall / analyst meetWe hereby inform that an "Earnings Conference Call" is scheduled on, Friday, August 21, 2026 at 15:00 hours (IST).
2026-08-13Shareholder meetingWe wish to inform you that the 90th Annual General Meeting (AGM) of the members of the Company was held on Thursday, August 13, 2026 at 15:00 hrs (IST...
2026-08-13Monitoring Agency ReportWe submit herewith the report of the Audit Committee (Monitoring Agency) dated August 13, 2026
2026-08-13Statement of deviation(s) orStatement of deviation(s) or variation(s) under Reg. 32
2026-08-13Board meeting outcomeOutcome of meeting of the Board of Directors held on August 13, 2026
2026-07-30AllotmentPreferential allotment of 338030 convertible warrants to members of the Promoter / Promoter Group.
2026-07-24General UpdatesThis is to inform that BSE and NSE vide their respective letters dated July 23, 2026, have granted their in-principle approval for preferential issu...
2026-07-21LitigationThis is to inform you that Rane Steering Systems Private Limited, wholly owned subsidiary of the Company has received an order from Deputy Commissione...
2026-07-18LitigationThis is to inform you that Rane Steering Systems Private Limited, Wholly Owned Subsidiary of the Company has received a Show Cause Notice from the Off...
2026-07-18UpdatesThe letter sent to shareholders whose e-mail is not registered is enclosed.
2026-07-18Shareholder meetingThe 90th AGM is scheduled to be held on Thursday, August 13, 2026 at 15:00 hrs (IST) through VC / OAVM.
2026-06-12Shareholder meetingWe wish to inform you that the Extraordinary General Meeting (EGM) of the members of the Company was held on Friday, June 12, 2026 at 15:00 hrs (IST) ...
2026-06-12Shareholder meetingWe wish to inform you that the Extraordinary General Meeting (EGM) of the members of the Company was held on Friday, June 12, 2026 at 15:00 hrs (IST) ...
2026-06-11Credit RatingCredit Rating
2026-06-10AcquisitionThis is to inform you that Rane Steering Systems Private Limited, Wholly Owned Subsidiary of the Company has entered into Power Purchase Agreement wit...
2026-06-08Concall / analyst meetIntimation regarding Analyst Meet on Thursday, June 11, 2026.
2026-06-03UpdatesWe enclose herewith the disclosures under aforementioned regulation received from members belonging to the promoter / promoter group pursuant to the i...
2026-06-03Disclosure under SEBI TakeovL Ganesh has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisit...
2026-06-01Change in Company Secretary/Further to our letter no. RHL/SE/096/2025-26 dated March 26, 2026, intimating superannuation of Mr. Siva Chandrasekaran, Company Secretary and Complia...
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Rane Holdings Ltd?

Rane Holdings Ltd (RANEHOLDIN) has a market capitalisation of Rs 2,207 Cr. at the 2026-10-01 close.

What is the P/E ratio of Rane Holdings Ltd?

Rane Holdings Ltd trades at a P/E of 28.0 on trailing twelve-month profit, at the 2026-10-01 close.

What were Rane Holdings Ltd's latest quarterly results?

In the Jun 2026 quarter, Rane Holdings Ltd sales was Rs 1,587 Cr (+18.3% vs Jun 2025) and net profit was Rs 48 Cr.

What is the 52-week high and low of Rane Holdings Ltd?

The 52-week high is Rs 1,894.50 and the 52-week low is Rs 981.00.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03