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Rane (Madras) NSEI:RML Stock Report

Last Price

₹871.90

Market Cap

₹14.2b

7D

-5.6%

1Y

2.4%

Updated

23 Dec, 2024

Data

Company Financials

RML Stock Overview

Engages in the manufacture and marketing of auto components for transportation industry in India and internationally. More details

RML fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health1/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Rane (Madras) Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Rane (Madras)
Historical stock prices
Current Share Price₹871.90
52 Week High₹1,529.00
52 Week Low₹631.00
Beta0.71
1 Month Change8.27%
3 Month Change-26.36%
1 Year Change2.38%
3 Year Change159.34%
5 Year Change146.82%
Change since IPO720.23%

Recent News & Updates

Here's Why Rane (Madras) (NSE:RML) Is Weighed Down By Its Debt Load

Dec 10
Here's Why Rane (Madras) (NSE:RML) Is Weighed Down By Its Debt Load

Positive Sentiment Still Eludes Rane (Madras) Limited (NSE:RML) Following 27% Share Price Slump

Nov 14
Positive Sentiment Still Eludes Rane (Madras) Limited (NSE:RML) Following 27% Share Price Slump

Investors Still Aren't Entirely Convinced By Rane (Madras) Limited's (NSE:RML) Revenues Despite 28% Price Jump

Aug 20
Investors Still Aren't Entirely Convinced By Rane (Madras) Limited's (NSE:RML) Revenues Despite 28% Price Jump

Recent updates

Here's Why Rane (Madras) (NSE:RML) Is Weighed Down By Its Debt Load

Dec 10
Here's Why Rane (Madras) (NSE:RML) Is Weighed Down By Its Debt Load

Positive Sentiment Still Eludes Rane (Madras) Limited (NSE:RML) Following 27% Share Price Slump

Nov 14
Positive Sentiment Still Eludes Rane (Madras) Limited (NSE:RML) Following 27% Share Price Slump

Investors Still Aren't Entirely Convinced By Rane (Madras) Limited's (NSE:RML) Revenues Despite 28% Price Jump

Aug 20
Investors Still Aren't Entirely Convinced By Rane (Madras) Limited's (NSE:RML) Revenues Despite 28% Price Jump

The Compensation For Rane (Madras) Limited's (NSE:RML) CEO Looks Deserved And Here's Why

Jul 18
The Compensation For Rane (Madras) Limited's (NSE:RML) CEO Looks Deserved And Here's Why

Earnings Not Telling The Story For Rane (Madras) Limited (NSE:RML) After Shares Rise 26%

May 04
Earnings Not Telling The Story For Rane (Madras) Limited (NSE:RML) After Shares Rise 26%

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
7D-5.6%-3.9%-4.3%
1Y2.4%22.8%19.1%

Return vs Industry: RML underperformed the Indian Auto Components industry which returned 22.8% over the past year.

Return vs Market: RML underperformed the Indian Market which returned 19.1% over the past year.

Price Volatility

Is RML's price volatile compared to industry and market?
RML volatility
RML Average Weekly Movement6.8%
Auto Components Industry Average Movement5.4%
Market Average Movement6.2%
10% most volatile stocks in IN Market9.0%
10% least volatile stocks in IN Market4.1%

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

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

About the Company

FoundedEmployeesCEOWebsite
19601,188Gowri Kailasamranegroup.com/rml-steering-and-linkage-business

Rane (Madras) Limited engages in the manufacture and marketing of auto components for transportation industry in India and internationally. It offers steering and suspension systems, linkage products, steering gears, cylinders, hydraulic products, high precision aluminum die castings, and other auto components. 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₹14.18b
Earnings (TTM)₹24.50m
Revenue (TTM)₹20.90b

578.8x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RML income statement (TTM)
Revenue₹20.90b
Cost of Revenue₹13.66b
Gross Profit₹7.24b
Other Expenses₹7.22b
Earnings₹24.50m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.51
Gross Margin34.64%
Net Profit Margin0.12%
Debt/Equity Ratio286.9%

How did RML perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 03:45
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Rane (Madras) Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Harini V.FirstCall Research
Shailaja CH.FirstCall Research