Rane Brake Linings Ltd
RBLRane Brake Linings Ltd
RBL
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 16.67 | 2.60 | 3.17% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 41.39 | 7.73 | 0.48% |
Forecast & Ratings
Detailed Forecast Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Rane Brake Linings Limited manufactures and markets auto components for transportation industry.
Investor Presentation
View olderPeers
Compare with peersSamvardhana Motherson International Ltd
Bosch Ltd
Schaeffler India Ltd
UNO Minda Ltd
Sona BLW Precision Forgings Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
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Hmm, looks like data is unavailable here. Please come back after some timeIncome
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 451.64 | 491.95 | 510.88 | 547.55 | 499.67 | 455.87 | 518.19 | 607.07 | 662.97 | 670.41 | ||||||||||
Raw Materials | 209.79 | 226.76 | 235.24 | 260.15 | 230.55 | 194.50 | 271.75 | 345.10 | 357.05 | 588.37 | ||||||||||
| Power & Fuel Cost | 23.86 | 24.44 | 22.73 | 25.15 | 22.86 | 19.22 | 22.53 | 26.35 | 28.48 | |||||||||||
| Employee Cost | 70.07 | 81.30 | 67.63 | 76.15 | 76.63 | 64.80 | 78.77 | 83.50 | 87.22 | |||||||||||
| Selling & Administrative Expenses | 66.63 | 62.64 | 84.06 | 89.06 | 72.40 | 69.65 | 59.57 | 66.41 | 72.59 | |||||||||||
| Operating & Other expenses | 23.64 | 33.83 | 22.46 | 23.09 | 26.24 | 35.86 | 29.46 | 21.08 | 41.33 | |||||||||||
EBITDA | 57.65 | 62.98 | 78.76 | 73.95 | 70.99 | 71.84 | 56.11 | 64.63 | 76.30 | 82.04 | ||||||||||
| Depreciation/Amortization | 18.91 | 19.50 | 23.71 | 24.25 | 26.29 | 24.42 | 21.42 | 20.00 | 21.84 | 22.82 | ||||||||||
| PBIT | 38.74 | 43.48 | 55.05 | 49.70 | 44.70 | 47.42 | 34.69 | 44.63 | 54.46 | 59.22 | ||||||||||
| Interest & Other Items | 3.26 | 0.78 | 0.16 | 0.39 | 0.02 | 0.48 | 0.02 | 0.05 | 0.03 | 0.03 | ||||||||||
| PBT | 35.48 | 42.70 | 54.89 | 49.31 | 44.68 | 46.94 | 34.67 | 44.58 | 54.43 | 59.19 | ||||||||||
| Taxes & Other Items | 9.72 | 7.77 | 19.14 | 12.78 | 10.34 | 15.14 | 7.60 | 11.12 | 14.15 | 15.26 | ||||||||||
| Net Income | 25.76 | 34.93 | 35.75 | 36.53 | 34.34 | 31.80 | 27.07 | 33.46 | 40.28 | 43.93 | ||||||||||
| EPS | 32.55 | 44.13 | 45.17 | 46.15 | 43.39 | 40.59 | 34.92 | 43.22 | 52.11 | 56.83 | ||||||||||
| DPS | 10.00 | 15.00 | 15.50 | 15.50 | 17.00 | 25.00 | 20.00 | 25.00 | 30.00 | 25.00 | ||||||||||
| Payout ratio | 0.31 | 0.34 | 0.34 | 0.34 | 0.39 | 0.62 | 0.57 | 0.58 | 0.58 | 0.44 |
Company Updates
Annual report
PDFPeers & Comparison
Consumer DiscretionaryAuto Parts
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Rane Brake Linings Ltd | 18.18 | 2.60 | 3.17% |
| Samvardhana Motherson International Ltd | 47.75 | 5.32 | 0.42% |
| Bosch Ltd | 41.14 | 8.50 | 1.08% |
| Schaeffler India Ltd | 70.27 | 13.15 | 0.64% |
Price Comparison
Compare RBL with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Shareholding History
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Trend In Dividends
RBL has shown inconsistent dividend trend over the last 5 years
Dividend Yield
Current dividend yield is 3.17%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹31.67 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJul 15, 2024
Dividend/Share
₹30.00
Ex DateEx Date
Jul 15, 2024
Cash Dividend
Ex DateEx DateJul 17, 2023
Dividend/Share
₹25.00
Ex DateEx Date
Jul 17, 2023
Cash Dividend
Ex DateEx DateJun 20, 2022
Dividend/Share
₹20.00
Ex DateEx Date
Jun 20, 2022
Cash Dividend
Ex DateEx DateJul 16, 2021
Dividend/Share
₹25.00
Ex DateEx Date
Jul 16, 2021
Cash Dividend
Ex DateEx DateJul 28, 2020
Dividend/Share
₹11.00
Ex DateEx Date
Jul 28, 2020
Rane Brake Lining announced the retirement of Ashok Malhotra, Non Executive - Independent Director, in accordance with policy of the Company effective from the closure of business hours on 08 October 2024. Powered by Capital Market - Live
Rane Brake Lining stated that the sales to OE customer grew 8%. The strong growth in this segment was driven by demand from two wheelers and passenger vehicle segments. However, sales to Aftermarket customers declined 4%. Liquidity issues in the market coupled with high inventory with distributors led to lower sales. Export sales grew 29%. The company executed orders from US and appointed dealers in new regions such as Kenya and Uganda. Total expenses rose 2% to Rs 148.5 crore in Q1 FY25 over Q1 FY24, due to higher raw material costs (up 10% YoY), higher other expenses (up 8% YoY) and higher employee expenses (up 11% YoY). EBITDA stood at Rs 18.1 crore for Q1 FY25 compared to Rs 12.3 crore reported during Q1 FY24, an increase of 46.6% on YoY basis. EBITDA margin was at 11.3% in Q1 FY25 against 8.1% in Q1 FY24. EBITDA margin improvement was mainly driven by operational improvement activities and forex. This was partially offset by unfavourable mix,' the company said in a statement. Profit before tax in Q1 FY25 stood at Rs 12 crore, up by 66% from Rs 7.2 crore posted in Q1 FY24. Tax outgo for the period under review was Rs 3.1 crore (up 55% YoY). Rane Brake Lining (RBL) is part of the Rane Group of Companies, a leading auto component group based out of Chennai. RBL manufactures friction material products such as brake linings, disc pads, clutch facings, clutch buttons, brake shoes and railway brake blocks. RBL is market leader in India and global player in friction material. Powered by Capital Market - Live
Net profit of Rane Brake Lining rose 70.46% to Rs 8.83 crore in the quarter ended June 2024 as against Rs 5.18 crore during the previous quarter ended June 2023. Sales rose 4.99% to Rs 159.93 crore in the quarter ended June 2024 as against Rs 152.33 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales159.93152.33 5 OPM %10.947.62 - PBDT18.0712.33 47 PBT11.967.20 66 NP8.835.18 70 Powered by Capital Market - Live
Adoption of electric vehicles expected to accelerate in coming years: Rane Brake Linings Ltd
BRIEF-India’s Rane Brake Linings Dec-Qtr Profit Rises
BRIEF-India’s Rane Brake Linings Sept Quarter Profit Rises - Investing.com India
Rane Brake Linings reports loss in Q1 on COVID-19-led lockdown
BRIEF-India’s Rane Brake Linings Posts June-Qtr Loss - Investing.com India
BRIEF-Rane Brake Linings Recommended Final Dividend Of 11 Rupees Per Share - Investing.com India
BRIEF-India's Rane Brake Linings Dec Quarter Profit Falls - Investing.com India
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 3.9%, vs industry avg of 8.67%
Decreasing Market Share
Over the last 5 years, market share decreased from 0.24% to 0.21%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 1.97%, vs industry avg of 11.5%