Rane (Madras) Ltd (RML) — shareholding pattern, promoter holding, financials and share price
About Rane (Madras) Ltd (RML)
Rane (Madras) Ltd operates in the Auto Components & Equipments industry, within the Automobile and Auto Components sector. It trades on the NSE as RML and on the BSE under scrip code 532661. Its ISIN is INE050H01012.
Established in 1960, Rane (Madras) Limited (RML) is part of the Rane Group of Companies, a leading auto component group based out of Chennai. RML has two divisions namely Steering and Linkages Division (SLD) and Light Metal Casting India Division (LMCI). Through its overseas subsidiary Rane Light Metal Castings Inc. (RLMCA), RML manufactures high pressure light metal casting components from its facility in Kentucky, USA. [1]
Rane (Madras) Limited manufactures safety‑critical automotive components including steering and suspension systems, brake components, engine valves and light metal castings, while also operating an aftermarket business; the company runs 17 manufacturing plants across India and Mexico, serves 30+ countries and reported FY25 consolidated revenue of ₹3,421 crore with roughly 26% from international markets.
Q3 FY26 consolidated performance showed revenue of Rs.1,019.1 crore, up 21.3% YoY, with EBITDA rising to Rs.94.8 crore (▲36.8% YoY) and margins improving to 9.3% (▲106 bps); PAT was Rs.30.5 crore, benefitting from operational improvement and a prior year tax credit adjustment that depressed comparatives.
Listed peers in Auto Components & Equipments: Steel Strips Wheels Ltd, Rolex Rings Ltd, Wheels India Ltd, JTEKT India Ltd, Carraro India Ltd, Uniparts India Ltd.
Valuation & Returns
10 Jul 2026At ₹1,295.3 a share on 10 Jul 2026, Rane (Madras) Ltd (RML) was valued at a price-to-earnings ratio of 33.31x against an industry P/E of 37.75x and a price-to-book of 5.34x on a book value of ₹242.75 per share as of Mar 2025. Solomo computes return on equity of 16.02% and return on capital employed of 13.82% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 33.31x
- Industry P/E
- 37.75x
- P/B
- 5.34x
- EPS (TTM)
- ₹38.89
- Book value / share
- ₹242.75
- ROE
- 16.02%
- ROCE
- 13.82%
- ROA
- 4.74%
- Debt / equity
- 1.21x
- Dividend yield
- 0.62%
- EBITDA margin
- 9.11%
- 52-week range
- ₹612.5 – ₹1,323
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Rane (Madras) Ltd (RML) reported revenue of ₹3,863 crore, net profit of ₹107 crore and earnings per share of ₹38.89. That compares with revenue of ₹3,406 crore and net profit of ₹38 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹1,048 crore and net profit ₹37 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 1,742 | 2,354 | 3,463 | 3,406 | 3,863 |
| Net profit (₹ cr) | 11 | 30 | 55 | 38 | 107 |
| EPS (₹) | 6.55 | 18.46 | 33.67 | 23.15 | 38.89 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 15.31% | 25.35% | 29.87% | -1.46% |
| Profit growth | 15.01% | - | 10.66% | -31.25% |
| Stock price CAGR | 14% | 25% | 20% | 41% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 70.45% of Rane (Madras) Ltd (RML) (unchanged from the previous quarter), foreign institutional investors (FII) hold 0.33% and domestic institutional investors (DII) hold 0.79%. Market capitalisation was ₹3,580 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2005.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 70.45% | - | 0.33% | 0.79% | 29.55% |
| Mar 2026 | 70.45% | - | 0.06% | 0.98% | 29.55% |
| Dec 2025 | 70.45% | - | 0.05% | 1.03% | 29.55% |
| Sep 2025 | 70.45% | - | 0.04% | 1.04% | 29.55% |
| Jun 2025 | 70.45% | - | 0.03% | 1.04% | 29.55% |
| Mar 2025 | 72.65% | - | 0.09% | 0.12% | 27.35% |
| Dec 2024 | 72.65% | - | 0.07% | 0.13% | 27.35% |
| Sep 2024 | 72.65% | - | 0.21% | 0.13% | 27.35% |