Rane (Madras) Limited

Company Profile

Rane (Madras) Limited had its IPO on under the ticker symbol RML.

The company operates in the Consumer Cyclical sector and Auto Parts industry. Rane (Madras) Limited has a staff strength of 1,165 employees.

Stock update

Shares of Rane (Madras) Limited opened at ₹740.9 at the start of the last trading session i.e. 2023-09-13.

The stocks traded within a range of ₹734.3 - ₹840, and closed at ₹777.

This is a +3.59% increase from the previous day's closing price.

A total volume of 11,744 shares were traded at the close of the day’s session.

In the last one week, shares of Rane (Madras) Limited have increased by +16.99%.

Rane (Madras) Limited's Key Ratios

Rane (Madras) Limited has a market cap of ₹10.67 billion, indicating a price to book ratio of 2.587 and a price to sales ratio of 0.2967.

In the last 12-months Rane (Madras) Limited’s revenue was ₹23.94 billion with a gross profit of ₹8.32 billion and an EBITDA of ₹1.94 billion. The EBITDA ratio measures Rane (Madras) Limited's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Rane (Madras) Limited’s operating margin was 4.04% while its return on assets stood at 4.16% with a return of equity of 12.78%.

In Q2, Rane (Madras) Limited’s quarterly earnings growth was a positive 0% while revenue growth was a positive 7.1%.

Rane (Madras) Limited’s PE and PEG Ratio

Forward PE

0

Trailing PE

55.6749

PEG

Its diluted EPS in the last 12-months stands at ₹11.78 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 (Madras) Limited’s profitability.

Rane (Madras) Limited stock is trading at a EV to sales ratio of 0.591 and a EV to EBITDA ratio of 10.1938. Its price to sales ratio in the trailing 12-months stood at 0.2967.

Rane (Madras) Limited stock pays annual dividends of ₹0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

₹13.49 billion

Total Liabilities

₹8.26 billion

Operating Cash Flow

₹0

Capital Expenditure

₹0

Dividend Payout Ratio

0%

Rane (Madras) Limited ended 2024 with ₹13.49 billion in total assets and ₹0 in total liabilities. Its intangible assets were valued at ₹13.49 billion while shareholder equity stood at ₹2.42 billion.

Rane (Madras) Limited ended 2024 with ₹0 in deferred long-term liabilities, ₹8.26 billion in other current liabilities, in common stock, ₹-1346600000.00 in retained earnings and ₹46.30 million in goodwill. Its cash balance stood at ₹284.80 million and cash and short-term investments were ₹0. The company’s total short-term debt was ₹0 while long-term debt stood at ₹2.44 billion.

Rane (Madras) Limited’s total current assets stands at ₹7.64 billion while long-term investments were ₹0 and short-term investments were ₹146.90 million. Its net receivables were ₹4.20 billion compared to accounts payable of ₹3.47 billion and inventory worth ₹2.54 billion.

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

Comparatively, Rane (Madras) Limited paid ₹0 in dividends in 2024.

Other key metrics

Current Trading Price

₹777

52-Week High

₹765

52-Week Low

₹340.1

Analyst Target Price

₹

Rane (Madras) Limited stock is currently trading at ₹777 per share. It touched a 52-week high of ₹765 and a 52-week low of ₹765. Analysts tracking the stock have a 12-month average target price of ₹.

Its 50-day moving average was ₹667.25 and 200-day moving average was ₹517.04 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 7276% of the company’s stock are held by insiders while 0% are held by institutions.