Rane Holdings Ltd
RANEHOLDINRane Holdings Ltd
RANEHOLDIN
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
AvgCan be considered moderately valued vs the market
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but 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 |
|---|---|---|
| 10.13 | 2.26 | 1.35% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 38.62 | 6.72 | 0.49% |
Forecast & Ratings
Detailed Forecast Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Rane Holdings Limited is a holding company engaged in investing in Rane group companies that are engaged in the manufacturing, supplying and marketing of 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 | 2,634.64 | 2,435.04 | 2,499.81 | 2,705.17 | 2,184.00 | 2,080.98 | 2,761.37 | 3,537.46 | 3,604.83 | 3,726.36 | ||||||||||
Raw Materials | — | — | — | — | — | — | — | — | — | 3,206.65 | ||||||||||
| Power & Fuel Cost | — | — | — | — | — | — | — | — | — | |||||||||||
| Employee Cost | 360.69 | 377.53 | 406.76 | 445.94 | 441.15 | 403.18 | 480.02 | 527.17 | 511.32 | |||||||||||
| Selling & Administrative Expenses | 1,722.98 | 1,616.60 | 1,681.77 | 1,846.27 | 1,565.53 | 1,512.46 | 2,018.70 | 2,646.47 | 2,649.58 | |||||||||||
| Operating & Other expenses | 152.04 | 73.83 | 58.13 | 91.51 | 59.54 | 76.32 | 60.23 | 84.27 | 231.23 | |||||||||||
EBITDA | 398.93 | 367.08 | 353.15 | 321.45 | 117.78 | 89.02 | 202.42 | 279.55 | 212.70 | 519.71 | ||||||||||
| Depreciation/Amortization | 113.84 | 105.84 | 117.75 | 126.12 | 127.77 | 120.36 | 128.84 | 141.73 | 137.00 | 135.31 | ||||||||||
| PBIT | 285.09 | 261.24 | 235.40 | 195.33 | -9.99 | -31.34 | 73.58 | 137.82 | 75.70 | 384.40 | ||||||||||
| Interest & Other Items | — | — | — | — | — | — | — | — | — | — | ||||||||||
| PBT | 285.09 | 261.24 | 235.40 | 195.33 | -9.99 | -31.34 | 73.58 | 137.82 | 75.70 | 384.40 | ||||||||||
| Taxes & Other Items | 43.75 | 127.87 | 105.11 | 91.60 | -7.27 | 19.23 | 49.44 | 75.55 | -48.07 | 123.24 | ||||||||||
| Net Income | 241.34 | 133.37 | 130.29 | 103.73 | -2.72 | -50.57 | 24.14 | 62.27 | 123.77 | 261.16 | ||||||||||
| EPS | 169.03 | 93.41 | 91.25 | 72.65 | -1.91 | -35.42 | 16.91 | 43.61 | 86.69 | 182.91 | ||||||||||
| DPS | 10.00 | 8.50 | 14.50 | 19.00 | 8.00 | 0.00 | 12.00 | 17.00 | 25.00 | 25.00 | ||||||||||
| Payout ratio | 0.06 | 0.09 | 0.16 | 0.26 | — | 0.00 | 0.71 | 0.39 | 0.29 | 0.14 |
Company Updates
Peers & Comparison
Consumer DiscretionaryAuto Parts
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Rane Holdings Ltd | 21.38 | 2.26 | 1.35% |
| Samvardhana Motherson International Ltd | 45.61 | 4.39 | 0.44% |
| Bosch Ltd | 41.58 | 8.59 | 1.07% |
| Schaeffler India Ltd | 60.56 | 11.33 | 0.75% |
Price Comparison
Compare RANEHOLDIN 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
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Increased Mutual Fund Holding
In last 3 months, mutual fund holding of the company has increased by 1.30%
Top 5 Mutual Funds holding Rane Holdings Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
Bank of India Flexi Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.6555% | Percentage of the fund’s portfolio invested in the stock 0.92% | Change in the portfolio weight of the stock over the last 3 months 0.92% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 74/91 (+11) |
Bandhan Transportation and Logistics Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.5274% | Percentage of the fund’s portfolio invested in the stock 2.37% | Change in the portfolio weight of the stock over the last 3 months 0.68% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 10/46 (+8) |
Bank of India Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.4377% | Percentage of the fund’s portfolio invested in the stock 0.78% | Change in the portfolio weight of the stock over the last 3 months 0.78% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 83/83 (0) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJul 26, 2024
Dividend/Share
₹25.00
Ex DateEx Date
Jul 26, 2024
Cash Dividend
Ex DateEx DateJul 28, 2023
Dividend/Share
₹17.00
Ex DateEx Date
Jul 28, 2023
Cash Dividend
Ex DateEx DateJun 21, 2022
Dividend/Share
₹12.00
Ex DateEx Date
Jun 21, 2022
Cash Dividend
Ex DateEx DateAug 6, 2020
Dividend/Share
₹4.00
Ex DateEx Date
Aug 6, 2020
Cash Dividend
Ex DateEx DateFeb 17, 2020
Dividend/Share
₹4.00
Ex DateEx Date
Feb 17, 2020
Net profit of Rane Holdings rose 337.20% to Rs 177.68 crore in the quarter ended September 2024 as against Rs 40.64 crore during the previous quarter ended September 2023. Sales declined 1.25% to Rs 916.50 crore in the quarter ended September 2024 as against Rs 928.13 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales916.50928.13 -1 OPM %8.867.57 - PBDT69.5271.45 -3 PBT34.4036.50 -6 NP177.6840.64 337 Powered by Capital Market - Live
Rane Holdings will hold a meeting of the Board of Directors of the Company on 5 November 2024.Powered by Capital Market - Live
Rane Holdings will hold a meeting of the Board of Directors of the Company on 5 November 2024.Powered by Capital Market - Live
Rane Holdings has received the approval of Competition Commission of India for proposed acquisition of the balance 51% stake of NSK, Japan in the joint venture company, Rane NSK Steering Systems. Powered by Capital Market - Live
Rane Holdings Q1 result: PAT up 61.2% at Rs 19.5 cr, revenue at Rs 837.4 cr
Rane Holdings Q1 consolidated net surges 61% to ₹19.5 cr.
Rane Holdings consolidated net profit rises 2.74% in the June 2024 quarter
Net profit of Rane Holdings rose 2.74% to Rs 13.12 crore in the quarter ended June 2024 as against Rs 12.77 crore during the previous quarter ended June 2023. Sales declined 7.11% to Rs 830.85 crore in the quarter ended June 2024 as against Rs 894.46 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales830.85894.46 -7 OPM %8.818.68 - PBDT65.9572.75 -9 PBT32.4637.40 -13 NP13.1212.77 3 Powered by Capital Market - Live
Rane Holdings hits life high on plan to acquire 51% stake in JV
Rane Holdings Acquires Remaining 51% Stake In Joint Venture With NSK
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 5.91%, vs industry avg of 8.46%
Decreasing Market Share
Over the last 5 years, market share decreased from 1.24% to 1.11%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 3.6%, vs industry avg of 10.9%