company background image
RML logo

Rane (Madras) NSEI:RML Stock Report

Last Price

₹842.25

Market Cap

₹13.7b

7D

11.5%

1Y

92.6%

Updated

24 Apr, 2024

Data

Company Financials

RML Stock Overview

Rane (Madras) Limited manufactures and sells auto components for transportation industry in India.

RML fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance3/6
Financial Health1/6
Dividends0/6

Rane (Madras) Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Rane (Madras)
Historical stock prices
Current Share Price₹842.25
52 Week High₹990.50
52 Week Low₹436.00
Beta0.67
1 Month Change21.92%
3 Month Change2.40%
1 Year Change92.65%
3 Year Change140.23%
5 Year Change128.84%
Change since IPO692.33%

Recent News & Updates

We Think Rane (Madras) (NSE:RML) Is Taking Some Risk With Its Debt

Mar 14
We Think Rane (Madras) (NSE:RML) Is Taking Some Risk With Its Debt

Recent updates

We Think Rane (Madras) (NSE:RML) Is Taking Some Risk With Its Debt

Mar 14
We Think Rane (Madras) (NSE:RML) Is Taking Some Risk With Its Debt

Rane (Madras) (NSE:RML) Hasn't Managed To Accelerate Its Returns

Jun 28
Rane (Madras) (NSE:RML) Hasn't Managed To Accelerate Its Returns

Is Rane (Madras) (NSE:RML) A Risky Investment?

Feb 09
Is Rane (Madras) (NSE:RML) A Risky Investment?

Rane (Madras) (NSE:RML) Will Want To Turn Around Its Return Trends

Dec 26
Rane (Madras) (NSE:RML) Will Want To Turn Around Its Return Trends

Is Rane (Madras) (NSE:RML) Using Debt In A Risky Way?

Feb 17
Is Rane (Madras) (NSE:RML) Using Debt In A Risky Way?

Why Rane (Madras)'s (NSE:RML) Earnings Are Weaker Than They Seem

Oct 27
Why Rane (Madras)'s (NSE:RML) Earnings Are Weaker Than They Seem

Is Rane (Madras) (NSE:RML) Using Too Much Debt?

Jul 13
Is Rane (Madras) (NSE:RML) Using Too Much Debt?

Does Rane (Madras) (NSE:RML) Have A Healthy Balance Sheet?

Jan 19
Does Rane (Madras) (NSE:RML) Have A Healthy Balance Sheet?

Is Rane (Madras) (NSE:RML) Weighed On By Its Debt Load?

Sep 15
Is Rane (Madras) (NSE:RML) Weighed On By Its Debt Load?

Shareholder Returns

RMLIN Auto ComponentsIN Market
7D11.5%0.5%1.8%
1Y92.6%52.9%46.4%

Return vs Industry: RML exceeded the Indian Auto Components industry which returned 54.5% over the past year.

Return vs Market: RML exceeded the Indian Market which returned 46.1% over the past year.

Price Volatility

Is RML's price volatile compared to industry and market?
RML volatility
RML Average Weekly Movement7.1%
Auto Components Industry Average Movement5.9%
Market Average Movement6.9%
10% most volatile stocks in IN Market10.1%
10% least volatile stocks in IN Market4.2%

Stable Share Price: RML has not had significant price volatility in the past 3 months.

Volatility Over Time: RML's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19601,165Gowri Kailasamranegroup.com/rml/

Rane (Madras) Limited manufactures and sells auto components for transportation industry in India. It offers steering and suspension linkage products, steering gears, and high precision aluminum die castings. The company markets and sells its products to the manufacturers of passenger cars, utility vehicles, and farm tractors.

Rane (Madras) Limited Fundamentals Summary

How do Rane (Madras)'s earnings and revenue compare to its market cap?
RML fundamental statistics
Market cap₹13.70b
Earnings (TTM)₹219.30m
Revenue (TTM)₹23.42b

62.5x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RML income statement (TTM)
Revenue₹23.42b
Cost of Revenue₹15.03b
Gross Profit₹8.39b
Other Expenses₹8.17b
Earnings₹219.30m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 09, 2024

Earnings per share (EPS)13.48
Gross Margin35.83%
Net Profit Margin0.94%
Debt/Equity Ratio259.5%

How did RML perform over the long term?

See historical performance and comparison
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.