View Financial HealthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsRane Engine Valve 配当と自社株買い配当金 基準チェック /46Rane Engine Valve配当を支払う会社であり、現在の利回りは1.57%で、収益によって十分にカバーされています。主要情報1.6%配当利回りn/aバイバック利回り総株主利回りn/a将来の配当利回りn/a配当成長n/a次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向31%最近の配当と自社株買いの更新Upcoming Dividend • Jul 09Upcoming dividend of ₹5.00 per shareEligible shareholders must have bought the stock before 16 July 2024. Payment date: 01 August 2024. Trailing yield: 1.2%. Within top quartile of Indian dividend payers (1.1%). Higher than average of industry peers (0.5%).お知らせ • May 08Rane Engine Valve Limited Recommends a Dividend for the Financial Year 2023-24, Payable on August 01, 2024Rane Engine Valve Limited recommended a dividend of INR 5/- per equity share on 7,234,455 equity shares of INR 10/- each fully paid up, for the financial year 2023-24, subject to approval of members at the upcoming AGM of the Company. The dividend, if declared by the shareholders will be paid/dispatched on August 01, 2024 to the eligible shareholders.すべての更新を表示Recent updatesNew Risk • May 01New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.6% average weekly change). Profit margins are more than 30% lower than last year (0.7% net profit margin). Market cap is less than US$100m (₹2.30b market cap, or US$27.2m).Valuation Update With 7 Day Price Move • Apr 16Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₹327, the stock trades at a trailing P/E ratio of 59.7x. Average trailing P/E is 27x in the Auto Components industry in India. Total returns to shareholders of 28% over the past three years.分析記事 • Feb 02Rane Engine Valve Limited (NSE:RANEENGINE) May Have Run Too Fast Too Soon With Recent 27% Price PlummetThe Rane Engine Valve Limited ( NSE:RANEENGINE ) share price has fared very poorly over the last month, falling by a...Reported Earnings • Jan 30Third quarter 2025 earnings released: ₹12.25 loss per share (vs ₹4.84 profit in 3Q 2024)Third quarter 2025 results: ₹12.25 loss per share (down from ₹4.84 profit in 3Q 2024). Revenue: ₹1.32b (down 3.6% from 3Q 2024). Net loss: ₹88.6m (down 353% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.分析記事 • Jan 12Rane Engine Valve (NSE:RANEENGINE) Takes On Some Risk With Its Use Of DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...お知らせ • Dec 31Rane Engine Valve Limited to Report Q3, 2025 Results on Jan 29, 2025Rane Engine Valve Limited announced that they will report Q3, 2025 results at 9:15 AM, Indian Standard Time on Jan 29, 2025分析記事 • Dec 12Investors Continue Waiting On Sidelines For Rane Engine Valve Limited (NSE:RANEENGINE)Rane Engine Valve Limited's ( NSE:RANEENGINE ) price-to-earnings (or "P/E") ratio of 20.1x might make it look like a...Reported Earnings • Oct 24Second quarter 2025 earnings released: EPS: ₹7.92 (vs ₹2.04 in 2Q 2024)Second quarter 2025 results: EPS: ₹7.92 (up from ₹2.04 in 2Q 2024). Revenue: ₹1.47b (up 3.4% from 2Q 2024). Net income: ₹57.3m (up 287% from 2Q 2024). Profit margin: 3.9% (up from 1.0% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.お知らせ • Sep 30Rane Engine Valve Limited to Report Q2, 2025 Results on Oct 23, 2024Rane Engine Valve Limited announced that they will report Q2, 2025 results on Oct 23, 2024Valuation Update With 7 Day Price Move • Aug 30Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to ₹522, the stock trades at a trailing P/E ratio of 31.1x. Average trailing P/E is 34x in the Auto Components industry in India. Total returns to shareholders of 79% over the past three years.分析記事 • Aug 23Investors Still Aren't Entirely Convinced By Rane Engine Valve Limited's (NSE:RANEENGINE) Earnings Despite 47% Price JumpRane Engine Valve Limited ( NSE:RANEENGINE ) shareholders have had their patience rewarded with a 47% share price jump...New Risk • Aug 21New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.7x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.6% average weekly change). Market cap is less than US$100m (₹3.75b market cap, or US$44.7m).Buy Or Sell Opportunity • Aug 19Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 19% to ₹442. The fair value is estimated to be ₹361, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 74%.分析記事 • Aug 16A Look At The Intrinsic Value Of Rane Engine Valve Limited (NSE:RANEENGINE)Key Insights The projected fair value for Rane Engine Valve is ₹366 based on 2 Stage Free Cash Flow to Equity Rane...Upcoming Dividend • Jul 09Upcoming dividend of ₹5.00 per shareEligible shareholders must have bought the stock before 16 July 2024. Payment date: 01 August 2024. Trailing yield: 1.2%. Within top quartile of Indian dividend payers (1.1%). Higher than average of industry peers (0.5%).お知らせ • Jun 29Rane Engine Valve Limited to Report Q1, 2025 Results on Jul 23, 2024Rane Engine Valve Limited announced that they will report Q1, 2025 results at 12:15 PM, Indian Standard Time on Jul 23, 2024Reported Earnings • Jun 29Full year 2024 earnings released: EPS: ₹15.93 (vs ₹0.089 loss in FY 2023)Full year 2024 results: EPS: ₹15.93 (up from ₹0.089 loss in FY 2023). Revenue: ₹5.67b (up 14% from FY 2023). Net income: ₹114.6m (up ₹115.2m from FY 2023). Profit margin: 2.0% (up from 0% in FY 2023). Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 11Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹408, the stock trades at a trailing P/E ratio of 25.6x. Average trailing P/E is 29x in the Auto Components industry in India. Total returns to shareholders of 28% over the past three years.分析記事 • May 21We Think Rane Engine Valve's (NSE:RANEENGINE) Robust Earnings Are ConservativeRane Engine Valve Limited's ( NSE:RANEENGINE ) earnings announcement last week was disappointing for investors, despite...New Risk • May 19New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.7x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.7x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.4% increase in shares outstanding). Market cap is less than US$100m (₹2.70b market cap, or US$32.4m).お知らせ • May 09Rane Engine Valve Limited, Annual General Meeting, Jul 23, 2024Rane Engine Valve Limited, Annual General Meeting, Jul 23, 2024, at 14:00 Indian Standard Time.お知らせ • May 08Rane Engine Valve Limited Recommends a Dividend for the Financial Year 2023-24, Payable on August 01, 2024Rane Engine Valve Limited recommended a dividend of INR 5/- per equity share on 7,234,455 equity shares of INR 10/- each fully paid up, for the financial year 2023-24, subject to approval of members at the upcoming AGM of the Company. The dividend, if declared by the shareholders will be paid/dispatched on August 01, 2024 to the eligible shareholders.Reported Earnings • May 08Full year 2024 earnings released: EPS: ₹15.93 (vs ₹0.089 loss in FY 2023)Full year 2024 results: EPS: ₹15.93 (up from ₹0.089 loss in FY 2023). Revenue: ₹5.70b (up 15% from FY 2023). Net income: ₹114.6m (up ₹115.2m from FY 2023). Profit margin: 2.0% (up from 0% in FY 2023). Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Apr 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹383, the stock trades at a trailing P/E ratio of 23.7x. Average trailing P/E is 30x in the Auto Components industry in India. Total returns to shareholders of 41% over the past three years.Buy Or Sell Opportunity • Apr 19Now 21% overvaluedOver the last 90 days, the stock has fallen 18% to ₹365. The fair value is estimated to be ₹302, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Meanwhile, the company has become profitable.お知らせ • Mar 30Rane Engine Valve Limited to Report Q4, 2024 Results on May 07, 2024Rane Engine Valve Limited announced that they will report Q4, 2024 results on May 07, 2024お知らせ • Mar 21Rane Engine Valve Limited Announces Board ChangesRane Engine Valve Limited announced at the meeting of the board of directors of the company held on March 19, 2024, Mr. L Ganesh informed that he is retiring as chairman of the board, effective from close of business hours on March 31, 2024 and he will continue to serve on the Board, as a Non-Executive Director. The board of directors considered the decision of Mr. L Ganesh and accepted his retirement as Chairman. Thereafter the board, appointed Mr. Harish Lakshman as Chairman of the board, effective from April 1, 2024. Further, with effect from April 01,2024, Corporate Social Responsibility (CSR) Committee has been re-constituted by the Board of Directors, with Mr. Harish Lakshman as Chairman and Mr. L Ganesh as a Member. Mr. L Ganesh is a member of the Institute of Chartered Accountants of India (ICAI) and has MBA from Pennsylvania State University. He is the Chairman of the Rane Group of Companies. He has over 45 years of industrial experience. As Chairman, he played significant role in expanding the customer base, enhancing the global presence, driving the operational efficiencies and strengthening the leadership position in the industry. He pioneered the TQM movement and three of its businesses won the coveted Deming Grand Prize under his leadership. He was conferred with the prestigious Deming Award in recognition of his outstanding contribution to the dissemination and promotion (overseas) of TQM in 2022. Mr. L Ganesh is not related to any other Director on the Board. Mr. Harish Lakshman holds Bachelor's degree in Mechanical Engineering from BITS, Pilani, and Master's degree in Business from Krannert School of Management at Purdue University, USA. He joined the Rane Group in 1998 and held different positions in the areas of Marketing, Operations and Export Business Development. Prior to joining Rane Group, he worked with TRW Automotive Inc. in the US for 2 years. He has been instrumental in expanding group's product portfolio and establishing international presence. He is currently spearheading the Group's initiative to achieve accelerated profitable growth. He played a key role as President of Automotive Component Manufacturers Association of India (ACMA) for the period 2013-14. He was identified and recognized by Economic Times as one among the top 40 under forty India's Business Leaders in 2014. Mr. Harish Lakshman is not related to any other Director on the Board.分析記事 • Mar 13Investors Give Rane Engine Valve Limited (NSE:RANEENGINE) Shares A 25% HidingRane Engine Valve Limited ( NSE:RANEENGINE ) shareholders won't be pleased to see that the share price has had a very...Valuation Update With 7 Day Price Move • Feb 16Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₹372, the stock trades at a trailing P/E ratio of 23.2x. Average trailing P/E is 30x in the Auto Components industry in India. Total returns to shareholders of 40% over the past three years.Reported Earnings • Feb 01Third quarter 2024 earnings released: EPS: ₹4.84 (vs ₹2.63 loss in 3Q 2023)Third quarter 2024 results: EPS: ₹4.84 (up from ₹2.63 loss in 3Q 2023). Revenue: ₹1.37b (up 10% from 3Q 2023). Net income: ₹35.0m (up ₹52.7m from 3Q 2023). Profit margin: 2.6% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.お知らせ • Jan 31Rane Engine Valve Limited Announces Company Secretary ChangesRane Engine Valve Limited inform that based on the recommendations of the Nomination & Remuneration Committee, approval of the Board, Mr. S Anand (M.no. 60122) has been as appointed as Company Secretary (CS) of the Company effective February 01, 2024 in the place of Mr. Vivekanandaa M, who ceases to be Company Secretary, effective closure of business hours on January 31, 2024, to pursue his professional aspirations elsewhere. Anand S, has an overall work experience of around 12 years in Secretarial domain with post qualification experience of over 4 years.New Risk • Jan 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (7.7% increase in shares outstanding). Market cap is less than US$100m (₹3.48b market cap, or US$41.9m).分析記事 • Jan 18The Market Lifts Rane Engine Valve Limited (NSE:RANEENGINE) Shares 29% But It Can Do MoreDespite an already strong run, Rane Engine Valve Limited ( NSE:RANEENGINE ) shares have been powering on, with a gain...Valuation Update With 7 Day Price Move • Jan 17Investor sentiment improves as stock rises 23%After last week's 23% share price gain to ₹438, the stock trades at a trailing P/E ratio of 50.2x. Average trailing P/E is 31x in the Auto Components industry in India. Total returns to shareholders of 67% over the past three years.お知らせ • Dec 30Rane Engine Valve Limited to Report Q3, 2024 Results on Jan 31, 2024Rane Engine Valve Limited announced that they will report Q3, 2024 results on Jan 31, 2024分析記事 • Dec 28Rane Engine Valve (NSE:RANEENGINE) Might Have The Makings Of A Multi-BaggerIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...お知らせ • Dec 07Rane Engine Valve Limited Approves Appointment of Vikram Hosangady as Non-Executive and Non-Independent DirectorRane Engine Valve Limited announced that it may be recalled that the Board of Directors of the Company at their Meeting held on October 31, 2023 had appointed Mr. Vikram Hosangady as an Additional Director in the category of Non-Executive and Non-Independent Director, subject to approval of shareholders of the Company. The shareholders have vide postal ballot on December 07, 2023 approved by passing ordinary resolution the appointment of Mr. Vikram Hosangady, as Non-Executive and Non-Independent Director. Mr. Vikram Hosangady is a seasoned business leader and a finance professional with over 26 years of experience as a strategic partner to global Private Equity and Corporations in their value creation journey. He presently serves on the Board of MRF Limited as an Independent Director and Non-Executive and Non-Independent Director on the Board of Rane (Madras) Limited and Chemplast Sanmar Limited. Date of appointment is October 31, 2023.分析記事 • Nov 22Not Many Are Piling Into Rane Engine Valve Limited (NSE:RANEENGINE) Just YetWhen close to half the companies operating in the Auto Components industry in India have price-to-sales ratios (or...Valuation Update With 7 Day Price Move • Nov 21Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₹341, the stock trades at a trailing P/E ratio of 39x. Average trailing P/E is 29x in the Auto Components industry in India. Total returns to shareholders of 63% over the past three years.Reported Earnings • Nov 02Second quarter 2024 earnings released: EPS: ₹2.04 (vs ₹0.06 loss in 2Q 2023)Second quarter 2024 results: EPS: ₹2.04 (up from ₹0.06 loss in 2Q 2023). Revenue: ₹1.44b (up 17% from 2Q 2023). Net income: ₹14.8m (up ₹15.2m from 2Q 2023). Profit margin: 1.0% (up from 0% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.お知らせ • Nov 01Rane Engine Valve Limited Announces Retirement of Anil Kumar Venkat Epur as Non Executive - Independent DirectorRane Engine Valve Limited approved the retirement of Mr. Anil Kumar Venkat Epur (DIN: 00202454), Non Executive - Independent Director, in accordance with policy of the Company effective closure of business hours on October 31, 2023. List of Directorship & Committee Membership -- Anil Kumar Venkat Epur: Member -- Audit Committee; Member -- Stakeholders Relationship Committee; Chairman -- Nomination and Remuneration Committee.お知らせ • Sep 30Rane Engine Valve Limited to Report Q2, 2023 Results on Oct 31, 2023Rane Engine Valve Limited announced that they will report Q2, 2023 results on Oct 31, 2023New Risk • Jul 27New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.5x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.5x net interest cover). Share price has been highly volatile over the past 3 months (9.4% average weekly change). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (7.7% increase in shares outstanding). Market cap is less than US$100m (₹2.36b market cap, or US$28.7m).Reported Earnings • Jul 27First quarter 2024 earnings released: EPS: ₹2.47 (vs ₹4.63 loss in 1Q 2023)First quarter 2024 results: EPS: ₹2.47 (up from ₹4.63 loss in 1Q 2023). Revenue: ₹1.38b (up 20% from 1Q 2023). Net income: ₹17.4m (up ₹48.5m from 1Q 2023). Profit margin: 1.3% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 24Rane Engine Valve Limited Announces Cessation of Dr. Brinda Jagirdar as Non-Executive - Independent DirectorRane Engine Valve Limited informed that Dr. Brinda Jagirdar, Non-Executive - Independent Director, has ceased as Director of the Board, upon completion of her second term as Independent Director of the company with effect from closure of business hours on July 22, 2023. The Board at its meeting held on May 04, 2023 acknowledged Dr. Brinda Jagirdar's significant contributions to discussions and decisions on various strategic and governance matters during her tenure as an Independent Director.分析記事 • Jul 22Rane Engine Valve (NSE:RANEENGINE) Is Doing The Right Things To Multiply Its Share PriceWhat are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...お知らせ • Jun 30Rane Engine Valve Limited to Report Q1, 2024 Results on Jul 25, 2023Rane Engine Valve Limited announced that they will report Q1, 2024 results on Jul 25, 2023分析記事 • May 07Here's Why Rane Engine Valve (NSE:RANEENGINE) Has A Meaningful Debt BurdenWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Reported Earnings • May 06Full year 2023 earnings released: ₹0.09 loss per share (vs ₹17.65 loss in FY 2022)Full year 2023 results: ₹0.09 loss per share (improved from ₹17.65 loss in FY 2022). Revenue: ₹5.00b (up 31% from FY 2022). Net loss: ₹600.0k (loss narrowed 100% from FY 2022). Profit margin: 0% (up from net loss in FY 2022). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.お知らせ • May 05+ 1 more updateRane Engine Valve Limited Appoints Vasudha Sundararaman as an Additional Director in the Category of Non-Executive and Independent DirectorRane Engine Valve Limited announced the appointment of Ms. Vasudha Sundararaman as an Additional Director in the category of Non-Executive and Independent Director. Note that Ms. Vasudha Sundararaman is appointed in the capacity of Independent Director, which is not subject to liable to retire by rotation. The appointment is effective from May 04, 2023. The term of appointment of 'additional director', is till the conclusion of the forthcoming general meeting of the Company. The appointment as independent Director is for a period of 5 years w.e.f. May 04, 2023, subject to approval of shareholders. Vasudha Sundararaman holds a B.Sc (Zoology) from Stella Mans College, Chennai, M.Sc (Zoology) from Madras University and is a Certified Associate of Indian Institute of Bankers. She holds 35 years of professional experience and retired as Chief General Manager of State Bank of India (SBI). She also served as the MD & CEO of SBI Global Securities Services Private Limited, a SBI subsidiary company. She was actively involved in implementation of Business Process Re-engineering projects of the bank in the Retail Loan Processing and played leadership role in designing and implementing a novel HR project in the Bank, aimed at impacting the individuals of the Bank. She is also presently on the Board of Cholamandalam Financial Holdings Limited and Rane (Madras) Limited as an Independent Director.分析記事 • Mar 03Rane Engine Valve (NSE:RANEENGINE) Shareholders Will Want The ROCE Trajectory To ContinueTo find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...Reported Earnings • Feb 09Third quarter 2023 earnings released: ₹2.63 loss per share (vs ₹4.42 loss in 3Q 2022)Third quarter 2023 results: ₹2.63 loss per share (improved from ₹4.42 loss in 3Q 2022). Revenue: ₹1.24b (up 26% from 3Q 2022). Net loss: ₹17.7m (loss narrowed 40% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.お知らせ • Dec 31Rane Engine Valve Limited to Report Q3, 2023 Results on Feb 07, 2023Rane Engine Valve Limited announced that they will report Q3, 2023 results on Feb 07, 2023分析記事 • Dec 29Rane Engine Valve (NSE:RANEENGINE) Use Of Debt Could Be Considered RiskyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Reported Earnings • Oct 19Second quarter 2023 earnings released: ₹0.06 loss per share (vs ₹4.61 loss in 2Q 2022)Second quarter 2023 results: ₹0.06 loss per share (improved from ₹4.61 loss in 2Q 2022). Net loss: ₹400.0k (loss narrowed 99% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jul 21First quarter 2023 earnings released: ₹4.63 loss per share (vs ₹8.61 loss in 1Q 2022)First quarter 2023 results: ₹4.63 loss per share (up from ₹8.61 loss in 1Q 2022). Revenue: ₹1.15b (up 53% from 1Q 2022). Net loss: ₹31.1m (loss narrowed 46% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.Reported Earnings • Jun 05Full year 2022 earnings released: ₹17.65 loss per share (vs ₹9.06 loss in FY 2021)Full year 2022 results: ₹17.65 loss per share (down from ₹9.06 loss in FY 2021). Revenue: ₹3.82b (up 27% from FY 2021). Net loss: ₹118.6m (loss widened 95% from FY 2021). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings.分析記事 • May 25Does Rane Engine Valve (NSE:RANEENGINE) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • Jan 26Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: ₹4.42 loss per share (down from ₹21.08 profit in 3Q 2021). Revenue: ₹990.8m (up 8.2% from 3Q 2021). Net loss: ₹29.7m (down 121% from profit in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.分析記事 • Dec 30We Think Rane Engine Valve (NSE:RANEENGINE) Has A Fair Chunk Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Reported Earnings • Oct 22Second quarter 2022 earnings released: ₹4.61 loss per share (vs ₹5.15 loss in 2Q 2021)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2022 results: Revenue: ₹1.00b (up 22% from 2Q 2021). Net loss: ₹30.9m (loss narrowed 11% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.分析記事 • Sep 15Is Rane Engine Valve (NSE:RANEENGINE) Using Too Much Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • Jul 02Full year 2021 earnings released: ₹9.06 loss per share (vs ₹24.32 loss in FY 2020)The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2021 results: Revenue: ₹3.02b (down 15% from FY 2020). Net loss: ₹60.9m (loss narrowed 63% from FY 2020). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.Executive Departure • Jun 02Non-Executive Director has left the companyOn the 27th of May, Lakshman Lakshminarayan's tenure as Non-Executive Director ended after 23.9 years in the role. As of March 2021, Lakshman personally held only 100.00 shares (₹26k worth at the time). A total of 3 executives have left over the last 12 months.分析記事 • May 24Would Rane Engine Valve (NSE:RANEENGINE) Be Better Off With Less Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...Reported Earnings • May 22Full year 2021 earnings released: ₹9.06 loss per share (vs ₹24.32 loss in FY 2020)The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2021 results: Revenue: ₹3.05b (down 14% from FY 2020). Net loss: ₹60.9m (loss narrowed 63% from FY 2020). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Mar 05New 90-day high: ₹331The company is up 49% from its price of ₹222 on 04 December 2020. The Indian market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 23% over the same period.Reported Earnings • Feb 01Third quarter 2021 earnings released: EPS ₹21.08 (vs ₹7.46 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹915.8m (up 12% from 3Q 2020). Net income: ₹141.6m (up ₹191.8m from 3Q 2020). Profit margin: 16% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings.Is New 90 Day High Low • Dec 07New 90-day high: ₹227The company is up 14% from its price of ₹200 on 08 September 2020. The Indian market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 21% over the same period.分析記事 • Oct 27Does Rane Engine Valve (NSE:RANEENGINE) Have A Healthy Balance Sheet?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Reported Earnings • Oct 26First half earnings releasedOver the last 12 months the company has reported total losses of ₹281.8m, with losses widening by 116% from the prior year. Total revenue was ₹2.72b over the last 12 months, down 33% from the prior year.Is New 90 Day High Low • Oct 10New 90-day low: ₹186The company is down 10.0% from its price of ₹206 on 10 July 2020. The Indian market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 9.0% over the same period.分析記事 • Jul 01Is Rane Engine Valve (NSE:RANEENGINE) Weighed On By Its Debt Load?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...決済の安定と成長配当データの取得安定した配当: RANEENGINEの配当金支払いは、過去10年間 変動性 が高かった。増加する配当: RANEENGINEの配当金は過去10年間にわたって増加しています。配当利回り対市場Rane Engine Valve 配当利回り対市場RANEENGINE 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (RANEENGINE)1.6%市場下位25% (IN)0.3%市場トップ25% (IN)1.4%業界平均 (Auto Components)0.5%アナリスト予想 (RANEENGINE) (最長3年)n/a注目すべき配当: RANEENGINEの配当金 ( 1.57% ) はIndian市場の配当金支払者の下位 25% ( 0.29% ) よりも高くなっています。高配当: RANEENGINEの配当金 ( 1.57% ) はIndian市場 ( 1.44% ) の配当支払者の中で上位 25% に入っています。株主への利益配当収益カバレッジ: RANEENGINEの 配当性向 ( 31.4% ) はかなり低いため、配当金の支払いは利益によって十分にカバーされます。株主配当金キャッシュフローカバレッジ: RANEENGINEの 現金配当性向 を計算して、配当金の支払いがキャッシュフローでカバーされているかどうかを判断するにはデータが不十分です。高配当企業の発掘7D1Y7D1Y7D1YIN 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2025/07/19 04:05終値2025/04/21 00:00収益2024/12/31年間収益2024/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Rane Engine Valve Limited 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
Upcoming Dividend • Jul 09Upcoming dividend of ₹5.00 per shareEligible shareholders must have bought the stock before 16 July 2024. Payment date: 01 August 2024. Trailing yield: 1.2%. Within top quartile of Indian dividend payers (1.1%). Higher than average of industry peers (0.5%).
お知らせ • May 08Rane Engine Valve Limited Recommends a Dividend for the Financial Year 2023-24, Payable on August 01, 2024Rane Engine Valve Limited recommended a dividend of INR 5/- per equity share on 7,234,455 equity shares of INR 10/- each fully paid up, for the financial year 2023-24, subject to approval of members at the upcoming AGM of the Company. The dividend, if declared by the shareholders will be paid/dispatched on August 01, 2024 to the eligible shareholders.
New Risk • May 01New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.6% average weekly change). Profit margins are more than 30% lower than last year (0.7% net profit margin). Market cap is less than US$100m (₹2.30b market cap, or US$27.2m).
Valuation Update With 7 Day Price Move • Apr 16Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₹327, the stock trades at a trailing P/E ratio of 59.7x. Average trailing P/E is 27x in the Auto Components industry in India. Total returns to shareholders of 28% over the past three years.
分析記事 • Feb 02Rane Engine Valve Limited (NSE:RANEENGINE) May Have Run Too Fast Too Soon With Recent 27% Price PlummetThe Rane Engine Valve Limited ( NSE:RANEENGINE ) share price has fared very poorly over the last month, falling by a...
Reported Earnings • Jan 30Third quarter 2025 earnings released: ₹12.25 loss per share (vs ₹4.84 profit in 3Q 2024)Third quarter 2025 results: ₹12.25 loss per share (down from ₹4.84 profit in 3Q 2024). Revenue: ₹1.32b (down 3.6% from 3Q 2024). Net loss: ₹88.6m (down 353% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
分析記事 • Jan 12Rane Engine Valve (NSE:RANEENGINE) Takes On Some Risk With Its Use Of DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
お知らせ • Dec 31Rane Engine Valve Limited to Report Q3, 2025 Results on Jan 29, 2025Rane Engine Valve Limited announced that they will report Q3, 2025 results at 9:15 AM, Indian Standard Time on Jan 29, 2025
分析記事 • Dec 12Investors Continue Waiting On Sidelines For Rane Engine Valve Limited (NSE:RANEENGINE)Rane Engine Valve Limited's ( NSE:RANEENGINE ) price-to-earnings (or "P/E") ratio of 20.1x might make it look like a...
Reported Earnings • Oct 24Second quarter 2025 earnings released: EPS: ₹7.92 (vs ₹2.04 in 2Q 2024)Second quarter 2025 results: EPS: ₹7.92 (up from ₹2.04 in 2Q 2024). Revenue: ₹1.47b (up 3.4% from 2Q 2024). Net income: ₹57.3m (up 287% from 2Q 2024). Profit margin: 3.9% (up from 1.0% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
お知らせ • Sep 30Rane Engine Valve Limited to Report Q2, 2025 Results on Oct 23, 2024Rane Engine Valve Limited announced that they will report Q2, 2025 results on Oct 23, 2024
Valuation Update With 7 Day Price Move • Aug 30Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to ₹522, the stock trades at a trailing P/E ratio of 31.1x. Average trailing P/E is 34x in the Auto Components industry in India. Total returns to shareholders of 79% over the past three years.
分析記事 • Aug 23Investors Still Aren't Entirely Convinced By Rane Engine Valve Limited's (NSE:RANEENGINE) Earnings Despite 47% Price JumpRane Engine Valve Limited ( NSE:RANEENGINE ) shareholders have had their patience rewarded with a 47% share price jump...
New Risk • Aug 21New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.7x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.6% average weekly change). Market cap is less than US$100m (₹3.75b market cap, or US$44.7m).
Buy Or Sell Opportunity • Aug 19Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 19% to ₹442. The fair value is estimated to be ₹361, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 74%.
分析記事 • Aug 16A Look At The Intrinsic Value Of Rane Engine Valve Limited (NSE:RANEENGINE)Key Insights The projected fair value for Rane Engine Valve is ₹366 based on 2 Stage Free Cash Flow to Equity Rane...
Upcoming Dividend • Jul 09Upcoming dividend of ₹5.00 per shareEligible shareholders must have bought the stock before 16 July 2024. Payment date: 01 August 2024. Trailing yield: 1.2%. Within top quartile of Indian dividend payers (1.1%). Higher than average of industry peers (0.5%).
お知らせ • Jun 29Rane Engine Valve Limited to Report Q1, 2025 Results on Jul 23, 2024Rane Engine Valve Limited announced that they will report Q1, 2025 results at 12:15 PM, Indian Standard Time on Jul 23, 2024
Reported Earnings • Jun 29Full year 2024 earnings released: EPS: ₹15.93 (vs ₹0.089 loss in FY 2023)Full year 2024 results: EPS: ₹15.93 (up from ₹0.089 loss in FY 2023). Revenue: ₹5.67b (up 14% from FY 2023). Net income: ₹114.6m (up ₹115.2m from FY 2023). Profit margin: 2.0% (up from 0% in FY 2023). Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 11Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹408, the stock trades at a trailing P/E ratio of 25.6x. Average trailing P/E is 29x in the Auto Components industry in India. Total returns to shareholders of 28% over the past three years.
分析記事 • May 21We Think Rane Engine Valve's (NSE:RANEENGINE) Robust Earnings Are ConservativeRane Engine Valve Limited's ( NSE:RANEENGINE ) earnings announcement last week was disappointing for investors, despite...
New Risk • May 19New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.7x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.7x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.4% increase in shares outstanding). Market cap is less than US$100m (₹2.70b market cap, or US$32.4m).
お知らせ • May 09Rane Engine Valve Limited, Annual General Meeting, Jul 23, 2024Rane Engine Valve Limited, Annual General Meeting, Jul 23, 2024, at 14:00 Indian Standard Time.
お知らせ • May 08Rane Engine Valve Limited Recommends a Dividend for the Financial Year 2023-24, Payable on August 01, 2024Rane Engine Valve Limited recommended a dividend of INR 5/- per equity share on 7,234,455 equity shares of INR 10/- each fully paid up, for the financial year 2023-24, subject to approval of members at the upcoming AGM of the Company. The dividend, if declared by the shareholders will be paid/dispatched on August 01, 2024 to the eligible shareholders.
Reported Earnings • May 08Full year 2024 earnings released: EPS: ₹15.93 (vs ₹0.089 loss in FY 2023)Full year 2024 results: EPS: ₹15.93 (up from ₹0.089 loss in FY 2023). Revenue: ₹5.70b (up 15% from FY 2023). Net income: ₹114.6m (up ₹115.2m from FY 2023). Profit margin: 2.0% (up from 0% in FY 2023). Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Apr 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹383, the stock trades at a trailing P/E ratio of 23.7x. Average trailing P/E is 30x in the Auto Components industry in India. Total returns to shareholders of 41% over the past three years.
Buy Or Sell Opportunity • Apr 19Now 21% overvaluedOver the last 90 days, the stock has fallen 18% to ₹365. The fair value is estimated to be ₹302, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Meanwhile, the company has become profitable.
お知らせ • Mar 30Rane Engine Valve Limited to Report Q4, 2024 Results on May 07, 2024Rane Engine Valve Limited announced that they will report Q4, 2024 results on May 07, 2024
お知らせ • Mar 21Rane Engine Valve Limited Announces Board ChangesRane Engine Valve Limited announced at the meeting of the board of directors of the company held on March 19, 2024, Mr. L Ganesh informed that he is retiring as chairman of the board, effective from close of business hours on March 31, 2024 and he will continue to serve on the Board, as a Non-Executive Director. The board of directors considered the decision of Mr. L Ganesh and accepted his retirement as Chairman. Thereafter the board, appointed Mr. Harish Lakshman as Chairman of the board, effective from April 1, 2024. Further, with effect from April 01,2024, Corporate Social Responsibility (CSR) Committee has been re-constituted by the Board of Directors, with Mr. Harish Lakshman as Chairman and Mr. L Ganesh as a Member. Mr. L Ganesh is a member of the Institute of Chartered Accountants of India (ICAI) and has MBA from Pennsylvania State University. He is the Chairman of the Rane Group of Companies. He has over 45 years of industrial experience. As Chairman, he played significant role in expanding the customer base, enhancing the global presence, driving the operational efficiencies and strengthening the leadership position in the industry. He pioneered the TQM movement and three of its businesses won the coveted Deming Grand Prize under his leadership. He was conferred with the prestigious Deming Award in recognition of his outstanding contribution to the dissemination and promotion (overseas) of TQM in 2022. Mr. L Ganesh is not related to any other Director on the Board. Mr. Harish Lakshman holds Bachelor's degree in Mechanical Engineering from BITS, Pilani, and Master's degree in Business from Krannert School of Management at Purdue University, USA. He joined the Rane Group in 1998 and held different positions in the areas of Marketing, Operations and Export Business Development. Prior to joining Rane Group, he worked with TRW Automotive Inc. in the US for 2 years. He has been instrumental in expanding group's product portfolio and establishing international presence. He is currently spearheading the Group's initiative to achieve accelerated profitable growth. He played a key role as President of Automotive Component Manufacturers Association of India (ACMA) for the period 2013-14. He was identified and recognized by Economic Times as one among the top 40 under forty India's Business Leaders in 2014. Mr. Harish Lakshman is not related to any other Director on the Board.
分析記事 • Mar 13Investors Give Rane Engine Valve Limited (NSE:RANEENGINE) Shares A 25% HidingRane Engine Valve Limited ( NSE:RANEENGINE ) shareholders won't be pleased to see that the share price has had a very...
Valuation Update With 7 Day Price Move • Feb 16Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₹372, the stock trades at a trailing P/E ratio of 23.2x. Average trailing P/E is 30x in the Auto Components industry in India. Total returns to shareholders of 40% over the past three years.
Reported Earnings • Feb 01Third quarter 2024 earnings released: EPS: ₹4.84 (vs ₹2.63 loss in 3Q 2023)Third quarter 2024 results: EPS: ₹4.84 (up from ₹2.63 loss in 3Q 2023). Revenue: ₹1.37b (up 10% from 3Q 2023). Net income: ₹35.0m (up ₹52.7m from 3Q 2023). Profit margin: 2.6% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
お知らせ • Jan 31Rane Engine Valve Limited Announces Company Secretary ChangesRane Engine Valve Limited inform that based on the recommendations of the Nomination & Remuneration Committee, approval of the Board, Mr. S Anand (M.no. 60122) has been as appointed as Company Secretary (CS) of the Company effective February 01, 2024 in the place of Mr. Vivekanandaa M, who ceases to be Company Secretary, effective closure of business hours on January 31, 2024, to pursue his professional aspirations elsewhere. Anand S, has an overall work experience of around 12 years in Secretarial domain with post qualification experience of over 4 years.
New Risk • Jan 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (7.7% increase in shares outstanding). Market cap is less than US$100m (₹3.48b market cap, or US$41.9m).
分析記事 • Jan 18The Market Lifts Rane Engine Valve Limited (NSE:RANEENGINE) Shares 29% But It Can Do MoreDespite an already strong run, Rane Engine Valve Limited ( NSE:RANEENGINE ) shares have been powering on, with a gain...
Valuation Update With 7 Day Price Move • Jan 17Investor sentiment improves as stock rises 23%After last week's 23% share price gain to ₹438, the stock trades at a trailing P/E ratio of 50.2x. Average trailing P/E is 31x in the Auto Components industry in India. Total returns to shareholders of 67% over the past three years.
お知らせ • Dec 30Rane Engine Valve Limited to Report Q3, 2024 Results on Jan 31, 2024Rane Engine Valve Limited announced that they will report Q3, 2024 results on Jan 31, 2024
分析記事 • Dec 28Rane Engine Valve (NSE:RANEENGINE) Might Have The Makings Of A Multi-BaggerIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...
お知らせ • Dec 07Rane Engine Valve Limited Approves Appointment of Vikram Hosangady as Non-Executive and Non-Independent DirectorRane Engine Valve Limited announced that it may be recalled that the Board of Directors of the Company at their Meeting held on October 31, 2023 had appointed Mr. Vikram Hosangady as an Additional Director in the category of Non-Executive and Non-Independent Director, subject to approval of shareholders of the Company. The shareholders have vide postal ballot on December 07, 2023 approved by passing ordinary resolution the appointment of Mr. Vikram Hosangady, as Non-Executive and Non-Independent Director. Mr. Vikram Hosangady is a seasoned business leader and a finance professional with over 26 years of experience as a strategic partner to global Private Equity and Corporations in their value creation journey. He presently serves on the Board of MRF Limited as an Independent Director and Non-Executive and Non-Independent Director on the Board of Rane (Madras) Limited and Chemplast Sanmar Limited. Date of appointment is October 31, 2023.
分析記事 • Nov 22Not Many Are Piling Into Rane Engine Valve Limited (NSE:RANEENGINE) Just YetWhen close to half the companies operating in the Auto Components industry in India have price-to-sales ratios (or...
Valuation Update With 7 Day Price Move • Nov 21Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₹341, the stock trades at a trailing P/E ratio of 39x. Average trailing P/E is 29x in the Auto Components industry in India. Total returns to shareholders of 63% over the past three years.
Reported Earnings • Nov 02Second quarter 2024 earnings released: EPS: ₹2.04 (vs ₹0.06 loss in 2Q 2023)Second quarter 2024 results: EPS: ₹2.04 (up from ₹0.06 loss in 2Q 2023). Revenue: ₹1.44b (up 17% from 2Q 2023). Net income: ₹14.8m (up ₹15.2m from 2Q 2023). Profit margin: 1.0% (up from 0% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
お知らせ • Nov 01Rane Engine Valve Limited Announces Retirement of Anil Kumar Venkat Epur as Non Executive - Independent DirectorRane Engine Valve Limited approved the retirement of Mr. Anil Kumar Venkat Epur (DIN: 00202454), Non Executive - Independent Director, in accordance with policy of the Company effective closure of business hours on October 31, 2023. List of Directorship & Committee Membership -- Anil Kumar Venkat Epur: Member -- Audit Committee; Member -- Stakeholders Relationship Committee; Chairman -- Nomination and Remuneration Committee.
お知らせ • Sep 30Rane Engine Valve Limited to Report Q2, 2023 Results on Oct 31, 2023Rane Engine Valve Limited announced that they will report Q2, 2023 results on Oct 31, 2023
New Risk • Jul 27New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.5x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.5x net interest cover). Share price has been highly volatile over the past 3 months (9.4% average weekly change). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (7.7% increase in shares outstanding). Market cap is less than US$100m (₹2.36b market cap, or US$28.7m).
Reported Earnings • Jul 27First quarter 2024 earnings released: EPS: ₹2.47 (vs ₹4.63 loss in 1Q 2023)First quarter 2024 results: EPS: ₹2.47 (up from ₹4.63 loss in 1Q 2023). Revenue: ₹1.38b (up 20% from 1Q 2023). Net income: ₹17.4m (up ₹48.5m from 1Q 2023). Profit margin: 1.3% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 24Rane Engine Valve Limited Announces Cessation of Dr. Brinda Jagirdar as Non-Executive - Independent DirectorRane Engine Valve Limited informed that Dr. Brinda Jagirdar, Non-Executive - Independent Director, has ceased as Director of the Board, upon completion of her second term as Independent Director of the company with effect from closure of business hours on July 22, 2023. The Board at its meeting held on May 04, 2023 acknowledged Dr. Brinda Jagirdar's significant contributions to discussions and decisions on various strategic and governance matters during her tenure as an Independent Director.
分析記事 • Jul 22Rane Engine Valve (NSE:RANEENGINE) Is Doing The Right Things To Multiply Its Share PriceWhat are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...
お知らせ • Jun 30Rane Engine Valve Limited to Report Q1, 2024 Results on Jul 25, 2023Rane Engine Valve Limited announced that they will report Q1, 2024 results on Jul 25, 2023
分析記事 • May 07Here's Why Rane Engine Valve (NSE:RANEENGINE) Has A Meaningful Debt BurdenWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Reported Earnings • May 06Full year 2023 earnings released: ₹0.09 loss per share (vs ₹17.65 loss in FY 2022)Full year 2023 results: ₹0.09 loss per share (improved from ₹17.65 loss in FY 2022). Revenue: ₹5.00b (up 31% from FY 2022). Net loss: ₹600.0k (loss narrowed 100% from FY 2022). Profit margin: 0% (up from net loss in FY 2022). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
お知らせ • May 05+ 1 more updateRane Engine Valve Limited Appoints Vasudha Sundararaman as an Additional Director in the Category of Non-Executive and Independent DirectorRane Engine Valve Limited announced the appointment of Ms. Vasudha Sundararaman as an Additional Director in the category of Non-Executive and Independent Director. Note that Ms. Vasudha Sundararaman is appointed in the capacity of Independent Director, which is not subject to liable to retire by rotation. The appointment is effective from May 04, 2023. The term of appointment of 'additional director', is till the conclusion of the forthcoming general meeting of the Company. The appointment as independent Director is for a period of 5 years w.e.f. May 04, 2023, subject to approval of shareholders. Vasudha Sundararaman holds a B.Sc (Zoology) from Stella Mans College, Chennai, M.Sc (Zoology) from Madras University and is a Certified Associate of Indian Institute of Bankers. She holds 35 years of professional experience and retired as Chief General Manager of State Bank of India (SBI). She also served as the MD & CEO of SBI Global Securities Services Private Limited, a SBI subsidiary company. She was actively involved in implementation of Business Process Re-engineering projects of the bank in the Retail Loan Processing and played leadership role in designing and implementing a novel HR project in the Bank, aimed at impacting the individuals of the Bank. She is also presently on the Board of Cholamandalam Financial Holdings Limited and Rane (Madras) Limited as an Independent Director.
分析記事 • Mar 03Rane Engine Valve (NSE:RANEENGINE) Shareholders Will Want The ROCE Trajectory To ContinueTo find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...
Reported Earnings • Feb 09Third quarter 2023 earnings released: ₹2.63 loss per share (vs ₹4.42 loss in 3Q 2022)Third quarter 2023 results: ₹2.63 loss per share (improved from ₹4.42 loss in 3Q 2022). Revenue: ₹1.24b (up 26% from 3Q 2022). Net loss: ₹17.7m (loss narrowed 40% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
お知らせ • Dec 31Rane Engine Valve Limited to Report Q3, 2023 Results on Feb 07, 2023Rane Engine Valve Limited announced that they will report Q3, 2023 results on Feb 07, 2023
分析記事 • Dec 29Rane Engine Valve (NSE:RANEENGINE) Use Of Debt Could Be Considered RiskyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Reported Earnings • Oct 19Second quarter 2023 earnings released: ₹0.06 loss per share (vs ₹4.61 loss in 2Q 2022)Second quarter 2023 results: ₹0.06 loss per share (improved from ₹4.61 loss in 2Q 2022). Net loss: ₹400.0k (loss narrowed 99% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jul 21First quarter 2023 earnings released: ₹4.63 loss per share (vs ₹8.61 loss in 1Q 2022)First quarter 2023 results: ₹4.63 loss per share (up from ₹8.61 loss in 1Q 2022). Revenue: ₹1.15b (up 53% from 1Q 2022). Net loss: ₹31.1m (loss narrowed 46% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Reported Earnings • Jun 05Full year 2022 earnings released: ₹17.65 loss per share (vs ₹9.06 loss in FY 2021)Full year 2022 results: ₹17.65 loss per share (down from ₹9.06 loss in FY 2021). Revenue: ₹3.82b (up 27% from FY 2021). Net loss: ₹118.6m (loss widened 95% from FY 2021). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings.
分析記事 • May 25Does Rane Engine Valve (NSE:RANEENGINE) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • Jan 26Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: ₹4.42 loss per share (down from ₹21.08 profit in 3Q 2021). Revenue: ₹990.8m (up 8.2% from 3Q 2021). Net loss: ₹29.7m (down 121% from profit in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
分析記事 • Dec 30We Think Rane Engine Valve (NSE:RANEENGINE) Has A Fair Chunk Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • Oct 22Second quarter 2022 earnings released: ₹4.61 loss per share (vs ₹5.15 loss in 2Q 2021)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2022 results: Revenue: ₹1.00b (up 22% from 2Q 2021). Net loss: ₹30.9m (loss narrowed 11% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
分析記事 • Sep 15Is Rane Engine Valve (NSE:RANEENGINE) Using Too Much Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • Jul 02Full year 2021 earnings released: ₹9.06 loss per share (vs ₹24.32 loss in FY 2020)The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2021 results: Revenue: ₹3.02b (down 15% from FY 2020). Net loss: ₹60.9m (loss narrowed 63% from FY 2020). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
Executive Departure • Jun 02Non-Executive Director has left the companyOn the 27th of May, Lakshman Lakshminarayan's tenure as Non-Executive Director ended after 23.9 years in the role. As of March 2021, Lakshman personally held only 100.00 shares (₹26k worth at the time). A total of 3 executives have left over the last 12 months.
分析記事 • May 24Would Rane Engine Valve (NSE:RANEENGINE) Be Better Off With Less Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Reported Earnings • May 22Full year 2021 earnings released: ₹9.06 loss per share (vs ₹24.32 loss in FY 2020)The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2021 results: Revenue: ₹3.05b (down 14% from FY 2020). Net loss: ₹60.9m (loss narrowed 63% from FY 2020). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Mar 05New 90-day high: ₹331The company is up 49% from its price of ₹222 on 04 December 2020. The Indian market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 23% over the same period.
Reported Earnings • Feb 01Third quarter 2021 earnings released: EPS ₹21.08 (vs ₹7.46 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹915.8m (up 12% from 3Q 2020). Net income: ₹141.6m (up ₹191.8m from 3Q 2020). Profit margin: 16% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings.
Is New 90 Day High Low • Dec 07New 90-day high: ₹227The company is up 14% from its price of ₹200 on 08 September 2020. The Indian market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 21% over the same period.
分析記事 • Oct 27Does Rane Engine Valve (NSE:RANEENGINE) Have A Healthy Balance Sheet?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Reported Earnings • Oct 26First half earnings releasedOver the last 12 months the company has reported total losses of ₹281.8m, with losses widening by 116% from the prior year. Total revenue was ₹2.72b over the last 12 months, down 33% from the prior year.
Is New 90 Day High Low • Oct 10New 90-day low: ₹186The company is down 10.0% from its price of ₹206 on 10 July 2020. The Indian market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 9.0% over the same period.
分析記事 • Jul 01Is Rane Engine Valve (NSE:RANEENGINE) Weighed On By Its Debt Load?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...