Rane Brake Lining Limited

Company Profile

Rane Brake Lining Limited had its IPO on under the ticker symbol RBL.

The company operates in the Consumer Cyclical sector and Auto Parts industry. Rane Brake Lining Limited has a staff strength of 597 employees.

Stock update

Shares of Rane Brake Lining Limited opened at ₹798 at the start of the last trading session i.e. 2023-09-13.

The stocks traded within a range of ₹775.5 - ₹821.1, and closed at ₹784.25.

This is a -2.89% slip from the previous day's closing price.

A total volume of 857 shares were traded at the close of the day’s session.

In the last one week, shares of Rane Brake Lining Limited have increased by +0.49%.

Rane Brake Lining Limited's Key Ratios

Rane Brake Lining Limited has a market cap of ₹6.09 billion, indicating a price to book ratio of 2.4819 and a price to sales ratio of 1.0437.

In the last 12-months Rane Brake Lining Limited’s revenue was ₹6.12 billion with a gross profit of ₹2.77 billion and an EBITDA of ₹576.43 million. The EBITDA ratio measures Rane Brake Lining Limited's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Rane Brake Lining Limited’s operating margin was 6.29% while its return on assets stood at 6% with a return of equity of 13.28%.

In Q1, Rane Brake Lining Limited’s quarterly earnings growth was a negative -10.5% while revenue growth was a positive 9.3%.

Rane Brake Lining Limited’s PE and PEG Ratio

Forward PE

0

Trailing PE

18.1752

PEG

Its diluted EPS in the last 12-months stands at ₹43.32 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Rane Brake Lining Limited’s profitability.

Rane Brake Lining Limited stock is trading at a EV to sales ratio of 1.039 and a EV to EBITDA ratio of 9.6609. Its price to sales ratio in the trailing 12-months stood at 1.0437.

Rane Brake Lining Limited stock pays annual dividends of ₹0 per share, indicating a yield of 3.15% and a payout ratio of 58.83%.

Balance sheet and cash flow metrics

Total Assets

₹3.74 billion

Total Liabilities

₹1.08 billion

Operating Cash Flow

₹0

Capital Expenditure

₹0

Dividend Payout Ratio

58.83%

Rane Brake Lining Limited ended 2024 with ₹3.74 billion in total assets and ₹0 in total liabilities. Its intangible assets were valued at ₹3.74 billion while shareholder equity stood at ₹2.61 billion.

Rane Brake Lining Limited ended 2024 with ₹0 in deferred long-term liabilities, ₹1.08 billion in other current liabilities, in common stock, ₹833.10 million in retained earnings and ₹0 in goodwill. Its cash balance stood at ₹67.50 million and cash and short-term investments were ₹0. The company’s total short-term debt was ₹0 while long-term debt stood at ₹0.

Rane Brake Lining Limited’s total current assets stands at ₹2.38 billion while long-term investments were ₹0 and short-term investments were ₹238.30 million. Its net receivables were ₹1.10 billion compared to accounts payable of ₹638.50 million and inventory worth ₹907.80 million.

In 2024, Rane Brake Lining Limited's operating cash flow was ₹0 while its capital expenditure stood at ₹0.

Comparatively, Rane Brake Lining Limited paid ₹0.59 in dividends in 2024.

Other key metrics

Current Trading Price

₹784.25

52-Week High

₹900

52-Week Low

₹568.7572

Analyst Target Price

₹

Rane Brake Lining Limited stock is currently trading at ₹784.25 per share. It touched a 52-week high of ₹900 and a 52-week low of ₹900. Analysts tracking the stock have a 12-month average target price of ₹.

Its 50-day moving average was ₹795.42 and 200-day moving average was ₹720 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 7121.2% of the company’s stock are held by insiders while 354.7% are held by institutions.